WAM MICROCAP LIMITED — Notice of Dividend Amount 2021

Feb 1, 2021

Notification of dividend / distribution

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Announcement Summary

Entity name

WAM MICROCAP LIMITED

Security on which the Distribution will be paid

WMI - ORDINARY FULLY PAID

Announcement Type

New announcement

Date of this announcement

Tuesday February 2, 2021

Distribution Amount

AUD 0.04000000

Ex Date

Wednesday April 7, 2021

Record Date

Thursday April 8, 2021

Payment Date

Tuesday April 20, 2021

DRP election date

Monday April 12, 2021 17:00:00

Refer to below for full details of the announcement

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

WAM MICROCAP LIMITED

1.2 Registered Number Type

Registration Number

ABN 34617838418

1.3 ASX issuer code

WMI

1.4 The announcement is New announcement

1.5 Date of this announcement

Tuesday February 2, 2021

1.6 ASX +Security Code

WMI

ASX +Security Description ORDINARY FULLY PAID

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) Thursday December 31, 2020

2A.4 +Record Date

Thursday April 8, 2021

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2A.5 Ex Date

Wednesday April 7, 2021

2A.6 Payment Date

Tuesday April 20, 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")

AUD - Australian Dollar

2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form AUD 0.04000000

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?

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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

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at 3A.1a Ordinary dividend/distribution estimated amount this time? per +security No AUD

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3A.1b Ordinary Dividend/distribution amount per security AUD 0.04000000 3A.2 Is the ordinary dividend/distribution franked? 3A.2a Is the ordinary dividend/distribution fully franked? Yes Yes 3A.3 Percentage of ordinary dividend/distribution that is 3A.3a Applicable corporate tax rate for franking credit franked (%) 100.0000 % 30.0000 % 3A.4 Ordinary dividend/distribution franked amount per 3A.5 Percentage amount of dividend which is unfranked +security 0.0000 % AUD 0.04000000 3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount AUD 0.00000000

3A.7 Ordinary dividend/distribution conduit foreign income amount per security AUD 0.00000000

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)

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	2.5000 %
Monday April 12, 2021 17:00:00
4A.4 Period of calculation of reinvestment price
Start Date	End Date
Wednesday April 7, 2021	Monday April 12, 2021

4A.5 DRP price calculation methodology

The DRP price will be calculated as the VWAP (volume weighted average market price) of shares sold on the ASX over the four trading days commencing on the ex dividend date for the relevant dividend, less the discount.

4A.6 DRP Price (including any discount):	4A.7 DRP +securities +issue date
AUD	Tuesday April 20, 2021
4A.8 Will DRP +securities be a new issue?	4A.8a Do DRP +securities rank pari passu from +issue
Yes	date?
	Yes

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

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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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