TEST SECURITY — Notice of Dividend Amount 2021

Jun 4, 2021

Notification of dividend / distribution

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Announcement Summary

Entity name

TEST SECURITY

Security on which the Distribution will be paid

TES - TEST ORDINARY SECURITY

Announcement Type

New announcement

Date of this announcement

5/6/2021

Distribution Amount

NZD 0.25000000

Ex Date

1/7/2021

Record Date

2/7/2021

Payment Date

7/7/2021

DRP election date

Monday July 5, 2021 17:00:00

Refer to below for full details of the announcement

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Notification of dividend / distribution

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

TEST SECURITY

1.2 Registered Number Type Registration Number other 12345641231645

1.3 ASX issuer code

TES

1.4 The announcement is New announcement

1.5 Date of this announcement

5/6/2021

1.6 ASX +Security Code

TES

ASX +Security Description TEST ORDINARY SECURITY

Part 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution Ordinary

2A.2 The Dividend/distribution:

relates to a period of six months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date) 30/6/2021

2A.4 +Record Date

2/7/2021

2A.5 Ex Date

1/7/2021

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2A.6 Payment Date

7/7/2021

• 2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable? Security holder approval

• Court approval Lodgement of court order with +ASIC ACCC approval

• FIRB approval

Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.

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No

2A.8 Currency in which the dividend/distribution is made ("primary currency")

NZD - New Zealand Dollar

2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form NZD 0.25000000 2A.9a AUD equivalent to total dividend/distribution amount per +security

AUD 0.20000000 2A.9c FX rate (in format AUD 1.00 / primary currency FX rate (in format AUD rate/primary currency rate) rate): AUD Primary Currency rate AUD 1.00 NZD 2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market? No

2A.11 Does the entity have a securities plan for dividends/distributions on this +security? We have a Dividend/Distribution Reinvestment Plan (DRP)

2A.11a If the +entity has a DRP, is the DRP applicable to 2A.11a(i) DRP Status in respect of this this dividend/distribution? dividend/distribution Yes Full DRP 2A.12 Does the +entity have tax component information apart from franking? No

2A.13 Withholding tax rate applicable to the dividend/distribution (%)

%

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at 3A.1a Ordinary dividend/distribution estimated amount

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this time? per +security No NZD 3A.1b Ordinary Dividend/distribution amount per security NZD 0.25000000 3A.2 Is the ordinary dividend/distribution franked? No 3A.3 Percentage of ordinary dividend/distribution that is franked 0.0000 % 3A.4 Ordinary dividend/distribution franked amount per 3A.5 Percentage amount of dividend which is unfranked +security 100.0000 % NZD 0.00000000 3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount NZD 0.25000000 Part 3F - NZD declared dividends/distributions - supplementary dividend/distribution

3F.1 Is a supplementary dividend/distribution payable? No

Part 4A - +Dividend reinvestment plan (DRP)

4A.1 What is the default option if +security holders do	not indicate whether they want to participate in the DRP?
Do not participate in DRP (i.e. cash payment)
4A.2 Last date and time for lodgement of election	4A.3 DRP discount rate
notices to share registry under DRP	0.0000 %
Monday July 5, 2021 17:00:00
4A.4 Period of calculation of reinvestment price
Start Date	End Date
5/7/2021	9/7/2021
4A.5 DRP price calculation methodology test

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4A.6 DRP Price (including any discount):	4A.7 DRP +securities +issue date
NZD 1.25000	9/7/2021
4A.8 Will DRP +securities be a new issue?	4A.8a Do DRP +securities rank pari passu from +issue
Yes	date?
	No

4A.8b Non-ranking period end date

12/7/2021

4A.9 Is there a minimum dollar amount or number of +securities required for DRP participation? No

4A.10 Is there a maximum dollar amount or number of +securities required for DRP participation? No

4A.11 Are there any other conditions applying to DRP participation? No

4A.12 Link to a copy of the DRP plan rules

4A.13 Further information about the DRP

Part 5 - Further information

5.1 Please provide any further information applicable to this dividend/distribution

5.2 Additional information for inclusion in the Announcement Summary

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