Orica : Notification regarding unquoted securities - ORI

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Announcement Summary

use only

Entity name

ORICA LIMITED

Date of this announcement

Wednesday January 19, 2022

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
ORIAB	PERFORMANCE RIGHTS	1,781,426	17/01/2022

For personal

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

ORICA LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2	Registered number type	Registration number
ABN	24004145868
1.3	ASX issuer code
ORI

1. The announcement is New announcement
2. Date of this announcement

19/1/2022

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

For personal use only

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

has an existing ASX security code ("existing class")

Notification of Issue, Conversion or Payment up of Unquoted

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

For personal use only

ASX +security code and description

ORIAB : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

17/1/2022

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP		Name of registered holder	Number of +securities
			224,719
Sanjiv Kumar Gandhi		Sanjiv Kumar Gandhi
			69,398
Christopher Davis		Christopher Davis
			72,951
Angus Melbourne		Angus Melbourne
			70,651
James Bonnor		James Bonnor
			46,001
Brian Gillespie		Brian Gillespie
			71,381
German Morales		German Morales

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

A summary of the key terms that apply to this grant of Performance Rights is set out below.

Each Performance Right is a right to receive one fully paid ordinary share in Orica Limited, subject to satisfaction of the performance and service-based vesting conditions under the terms of the FY2022 Long Term Incentive Plan.

Vesting will be determined following testing of the performance condition following the end of the three-year performance period and any Rights that do not vest at this time will lapse immediately.

Unvested Rights do not carry a right to vote or to receive dividends, or in general, a right to participate in other corporate actions such as bonus issues.

The grant of Performance Rights are subject to the applicable employee plan rules.

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Any other information the entity wishes to provide about the +securities the subject of this notification

	Issue details
onlyusepersonalFor	Number of +securities
		1,781,426

Notification of Issue, Conversion or Payment up of Unquoted

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