Announcement PDF Notification of dividend / distribution Update Summary Entity name RICEGROWERS LIMITED Security on which the Distribution will be paid SGLLV - CLASS B LIMITED-VOTING ORDINARY FULLY PAID Announcement Type Update to previous announcement Date of this announcement 3/7/2023 Reason for the Update The Board has determined that the issue price of B Class Shares under the DRP will be 6.4041. This is based on the volume weighted average price (VWAP) over 4 days from the dividend ex-date being 27 June 2023 (inclusive). Additional Information NA Refer to below for full details of the announcement Notification of dividend / distribution 1/5 Notification of dividend / distribution Announcement Details Part 1 - Entity and announcement details 1.1 Name of +Entity RICEGROWERS LIMITED 1.2 Registered Number Type Registration Number ABN 55007481156 1.3 ASX issuer code SGL 1.4 The announcement is Update/amendment to previous announcement 1.4a Reason for update to a previous announcement The Board has determined that the issue price of B Class Shares under the DRP will be 6.4041. This is based on the volume weighted average price (VWAP) over 4 days from the dividend ex-date being 27 June 2023 (inclusive). 1.4b Date of previous announcement(s) to this update 22/6/2023 1.5 Date of this announcement 3/7/2023 1.6 ASX +Security Code SGLLV ASX +Security Description CLASS B LIMITED-VOTING 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 twelve months 2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date) 30/4/2023 Notification of dividend / distribution 2/5 Notification of dividend / distribution 2A.4 +Record Date 28/6/2023 2A.5 Ex Date 27/6/2023 2A.6 Payment Date 28/7/2023 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. 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 0.40000000 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? We have a Dividend/Distribution Reinvestment Plan (DRP) 2A.11a If the +entity has a DRP, is the DRP applicable to this dividend/distribution? Yes 2A.11a(i) DRP Status in respect of this dividend/distribution 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 this time? No Notification of dividend / distribution 3A.1a Ordinary dividend/distribution estimated amount per +security AUD 3/5 Notification of dividend / distribution 3A.1b Ordinary Dividend/distribution amount per security AUD 0.40000000 3A.2 Is the ordinary dividend/distribution franked? Yes 3A.2a Is the ordinary dividend/distribution fully franked? 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 +security 3A.5 Percentage amount of dividend which is unfranked 0.0000 % AUD 0.40000000 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) 4A.2 Last date and time for lodgement of election notices to share registry under DRP 4A.3 DRP discount rate 0.0000 % Tuesday July 4, 2023 17:00:00 4A.4 Period of calculation of reinvestment price Start Date End Date 27/6/2023 30/6/2023 4A.5 DRP price calculation methodology The Board has determined that the issue price of B Class Shares under the DRP will be 6.4041. This is based on the volume weighted average price (VWAP) over 4 days from the dividend ex-date being 27 June 2023 (inclusive). 4A.6 DRP Price (including any discount): 4A.7 DRP +securities +issue date AUD 6.40410 28/7/2023 4A.8 Will DRP +securities be a new issue? Yes 4A.8a Do DRP +securities rank pari passu from +issue 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? Notification of dividend / distribution 4/5 Notification of dividend / distribution No 4A.11 Are there any other conditions applying to DRP participation? No 4A.12 Link to a copy of the DRP plan rules https://investors.sunrice.com.au/investors 4A.13 Further information about the DRP For the full year ended 30 April 2023, Ricegrowers Limited has declared a total fully franked dividend of 50 cents per B Class Share, comprising a final dividend of 40 cents per B Class Share (declared on 22 June 2023) and an interim dividend of 10 cents per B Class Share (declared on 15 December 2022). Part 5 - Further information 5.1 Please provide any further information applicable to this dividend/distribution NA 5.2 Additional information for inclusion in the Announcement Summary NA Notification of dividend / distribution 5/5