Cleanaway Waste Management : Update - Dividend/Distribution - CWY

Notification of dividend / distribution

Update Summary

For personal use only

Entity name

CLEANAWAY WASTE MANAGEMENT LIMITED

Security on which the Distribution will be paid

CWY - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement

10/3/2022

Reason for the Update

Update to Part2B.2a and 2b in relation to the dividend amount in NZD currency and the exchange rate for NZD, and Part 4A.6 in relation to the DRP price.

Refer to below for full details of the announcement

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Notification of dividend / distribution

Announcement Details

only
	Part 1 - Entity and announcement details
		1.1 Name of +Entity
		CLEANAWAY WASTE MANAGEMENT LIMITED
		1.2 Registered Number Type	Registration Number
use	ABN
74101155220
1.3 ASX issuer code
		CWY
		1.4 The announcement is
		Update/amendment to previous announcement
personal	1.4a Reason for update to a previous announcement
Update to Part2B.2a and 2b in relation to the dividend amount in NZD currency and the exchange rate for NZD, and Part
		4A.6 in relation to the DRP price.
		1.4b Date of previous announcement(s) to this update
		17/2/2022
		1.5 Date of this announcement
		10/3/2022
		1.6 ASX +Security Code
		CWY
		ASX +Security Description
For	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)

31/12/2021

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2A.4 +Record Date 1/3/2022

2A.5 Ex Date 28/2/2022

2A.6 Payment Date 6/4/2022

only	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
use	Another approval/condition external to the entity required before business day 0 of the timetable for the
dividend/distribution.
No
	2A.8 Currency in which the dividend/distribution is made ("primary currency")
	AUD - Australian Dollar
personal	2A.9 Total dividend/distribution payment amount per
+security (in primary currency) for all
dividends/distributions notified in this form
	AUD 0.02450000
	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?
	Yes
	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
For	2A.12 Does the +entity have tax component information

apart from franking? No

Part 2B - Currency Information

2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand and/or USD to residents of the U.S.A.).

Yes

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2B.2 Please provide a description of your currency arrangements

Shareholders who have a registered address in New Zealand and provided the Share Registry with details of their account with a New Zealand financial institution will be paid in New Zealand Dollars.

		2B.2a Other currency/currencies in which the dividend/distribution will be paid:
only	Currency	Payment currency equivalent amount per security
NZD - New Zealand Dollar	NZD 0.02614706
2B.2b Please provide the exchange rates used for non-primary currency payments
One Australian Dollar is equivalent to 1.067227 New Zealand Dollar
2B.2c If payment currency equivalent and exchange	Estimated or Actual?
use	rates not known, date for information to be released	Actual
10/3/2022
		2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the
		default arrangements?
		Yes
		2B.3a Please describe what choices are available to a securityholder to receive a currency different to the currency
		they would receive under the default arrangements
personal	Shareholders who have provided the Share Registry with details of their account with a New Zealand financial institution
this time?	per +security
		can elect to receive their dividend in New Zealand dollars.
		2B.3b Date and time by which any document or communication relating to the above arrangements must be
		received in order to be effective for this dividend/distribution
		Tuesday March 1, 2022 17:00:00
		2B.3c Please provide, or indicate where relevant forms can be obtained and how and where they must be lodged
		Payment instructions can be provided online at https://www.computershare.com.au/easyupdate/CWYor shareholders can
		contact the Registry, Computershare on 1300 850 505 or [phone].
	Part 3A - Ordinary dividend/distribution
		3A.1 Is the ordinary dividend/distribution estimated at	3A.1a Ordinary dividend/distribution estimated amount
For	No	AUD
3A.1b Ordinary Dividend/distribution amount per
security
AUD 0.02450000
3A.2 Is the ordinary dividend/distribution franked?	3A.2a Is the ordinary dividend/distribution fully franked?
		Yes	No
		3A.3 Percentage of ordinary dividend/distribution that is 3A.3a Applicable corporate tax rate for franking credit
		franked	(%)
		25.0000 %		30.0000 %
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	3A.4	Ordinary dividend/distribution franked amount per
	+security
	AUD 0.00612500
	3A.6	Ordinary dividend/distribution unfranked amount
only	per +security excluding conduit foreign income amount
AUD 0.01837500

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

AUD 0.00000000

Part 4A - +Dividend reinvestment plan (DRP)

3A.5 Percentage amount of dividend which is unfranked

75.0000 %

use

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 notices to share registry under DRP

Wednesday March 2, 2022 17:00:00

4A.4 Period of calculation of reinvestment price

Start Date

4A.3 DRP discount rate

0.0000 %

End Date

For personal

3/3/2022

9/3/2022

4A.5 DRP price calculation methodology

Average of the daily volume weighted average market price (VWAP) of Cleanaway shares traded on the ASX from 3 March 2022 up to and including 9 March 2022.

4A.6	DRP Price (including any discount):	4A.7 DRP +securities +issue date
AUD 2.78670	6/4/2022
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

4A.11 Are there any other conditions applying to DRP participation? Yes

4A.11a Conditions for DRP participation

DRP is only offered to shareholders who have an Australian or New Zealand registered address on the share register.

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

https://www.cleanaway.com.au/about-us/for-investor/dividends/

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