The Board of Spheria Emerging Companies Limited has resolved to pay a quarterly dividend for the period ended 30 September 2022 of 2.1 cents per share, which will be payable on 3 November 2022. The dividend will be fully franked at the corporate tax rate of 30%. The payment of the dividend is consistent with the intention to pay dividends on a quarterly basis, at a level of 1% of post-tax NTA at the end of each calendar quarter, subject to available profits, cash flow and franking credits.

The quarterly dividend has been calculated based on the Company's post-tax NTA as at 30 September 2022 of $2.139 per share, multiplied by 1%, giving rise to a fully franked dividend of 2.1 cents. The post-tax NTA was impacted by the fall in markets during the month of September, which in turn led to a small reduction of 0.1 cent in quarterly dividend compared to the previous quarter. Ex ­ Dividend Date: 19 October 2022.

Dividend Record Date: 20 October 2022.