SUPPLY NETWORK LIMITED — Earnings Release 2023

Jan 24, 2023

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SUPPLY NETWORK LIMITED ABN 12 003 135 680 1 Turnbull Close Pemulwuy NSW 2145 PO Box 3405 Wetherill Park NSW 2164 Telephone: 02 8624 8077

ASX Release

25 January 2023

Earnings forecast half year December 2022 and dividend announcement.

The Director’s are pleased to advise that based on unaudited management accounts for the half-year to 31 December 2022 consolidated sales revenue was $119m.

Profit after income tax (PAT) is expected to be around $12.7m.

Final half-year results will be released to the market in late February 2023.

Directors have declared a fully franked interim dividend of 20.0 cents per share, with a record date of 23 March 2023, to be paid on 6 April 2023.

Please also refer to ASX Notification of Dividend released separately.

The Directors advise that the Supply Network Limited Dividend Reinvestment Plan (DRP) will be operating in respect of the interim dividend.

The Directors give notice that all Participating Shares in the prior final dividend will continue to be Participating Shares for the interim dividend. Shareholders may update their DRP instruction by contacting the Share Registry.

Subject to the Rules of the DRP, DRP participants will be issued shares at a discount of 2.5% to the volume weighted average market price of the shares (on an ex-dividend basis) during the five business days subsequent to and inclusive of the ex-dividend date. The Directors also advise that the DRP Market Price in relation to the interim dividend will be capped at $11.00 per share.

The latest date for the DRP election notices or variations to be received by the Share Registry is the 28 March 2023.

Authorised by the Board of Supply Network Limited

Robert Coleman

Chief Financial Officer/Secretary Telephone: + 61 2 8624 8077