Notification of buy-back

Announcement Summary

For personal use only

Name of entity

SIMS LIMITED

Announcement type

Update announcement

Type of update

Daily buy-back notification

Date of this announcement

25/11/2021

Reason for update

Daily buy-back notification

ASX Security code and description of the class of +securities the subject of the buy-back

SGM : ORDINARY FULLY PAID

The type of buy-back is:

On market buy-back

Total number of +securities bought back before previous day

3,585,166

Total number of +securities bought back on previous day

35,000

Refer to next page for full details of the announcement

Notification of buy-back

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Notification of buy-back

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

SIMS LIMITED

We (the entity named above) provide the following information about our buy-back.

1.2

Registration number type

Registration number

ABN

69114838630

1.3

ASX issuer code

SGM

1.4 The announcement is

Update/amendment to previous announcement

1.4a Type of update

Daily buy-back notification

1.4b Reason for update

Daily buy-back notification

1.4c Date of initial notification of buy-back

26/8/2021

1.4d Date of previous announcement to this update

8/11/2021

1.5 Date of this announcement

25/11/2021

1.6 ASX Security code and description of the class of +securities the subject of the buy-back

SGM : ORDINARY FULLY PAID

Notification of buy-back

2 / 6

Notification of buy-back

Part 2 - Type of buy-back

2.1 The type of buy-back is: On market buy-back

For personal use only

Notification of buy-back

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Notification of buy-back

Part 3 - Buy-back details

only

Part 3A - Details of +securities, price and reason

3A.1 Total number of +securities on issue in the class of

+securities to be bought back

201,526,906

use

3A.4 Does the entity intend to buy back a minimum

number of +securities

No

3A.5 Does the entity intend to buy back a maximum

number of securities

Yes

3A.5a Maximum number of securities proposed to be

personal

bought back

20,152,690

3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf

Broker name:

Merrill Lynch Equities (Australia) Limited

3A.9 Are the +securities being bought back for a cash consideration?

Yes

3A.9a Is the price to be paid for +securities bought back known?

No

3A.9a.1 In what currency will the buy-back consideration

be paid?

For

AUD - Australian Dollar

Part 3B - Buy-back restrictions and conditions

3B.1 Does the buy-back require security holder approval?

Notification of buy-back

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Notification of buy-back

No

only

Part 3C - Key dates

On-marketbuy-back

3C.2 Proposed buy-back start date

use

6/9/2021

3C.3 Proposed buy-back end date

5/9/2022

personalFor

Part 3D - Other Information

3D.1 Any other information the entity wishes to notify to ASX about the buy-back

Notification of buy-back

5 / 6

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Disclaimer

Sims Limited published this content on 24 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2021 21:39:20 UTC.