National Tyre & Wheel : Update - Dividend/Distribution - NTD

Notification of dividend / distribution

Update Summary

Entity name

For personal use only

NATIONAL TYRE & WHEEL LIMITED

Security on which the Distribution will be paid

NTD - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement

4/4/2022

Reason for the Update

Confirmation of DRP price applicable to dividend and provision of foreign exchange rate information for New Zealand Dollar payments.

Refer to below for full details of the announcement

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Notification of dividend / distributionAnnouncement Details

For personal use only

Part 1 - Entity and announcement details

1.1 Name of +Entity

NATIONAL TYRE & WHEEL LIMITED

1.2 Registered Number Type

ABN

1.3 ASX issuer code

NTD

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcementRegistration Number 97095843020

Confirmation of DRP price applicable to dividend and provision of foreign exchange rate information for New Zealand Dollar payments.

1.4b Date of previous announcement(s) to this update 22/2/2022

1.5 Date of this announcement 4/4/2022

1.6 ASX +Security Code NTD

ASX +Security Description 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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Notification of dividend / distribution

2A.4 +Record Date

14/3/2022

2A.5 Ex Date

11/3/2022

For personal use only

2A.6 Payment Date

8/4/2022

• 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 +ASICACCC 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 0.03000000

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?

Yes

dividend/distribution Full DRP

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

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

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Notification of dividend / distribution

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

For personal use only

NTD will pay dividends in two currencies being Australian dollars (AUD) and New Zealand dollars (NZD) ('nominated currencies'). Subject to receiving instructions from a shareholder to pay in the other nominated currency prior to the Record Date, it is NTD's practice to pay dividends by direct credit in AUD to shareholders with registered addresses in Australia and in NZD to shareholders with registered addresses in New Zealand. Shareholders who have registered addresses outside Australia or New Zealand will receive their dividends by cheque in AUD unless Australian or New Zealand bank or financial institution account details are provided by the Record Date.

2B.2a Other currency/currencies in which the dividend/distribution will be paid:

Currency

NZD - New Zealand Dollar

2B.2b Please provide the exchange rates used for non-primary currency payments The AUD:NZD exchange rate to be used for the dividend is 1:1.0641.

2B.2c If payment currency equivalent and exchange rates not known, date for information to be released 1/4/2022

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

As noted above.

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

Monday March 14, 2022 17:00:00

2B.3c Please provide, or indicate where relevant forms can be obtained and how and where they must be lodged Bank account and other personal details can be updated online atwww.computershare.com.au/easyupdate/NTD

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at this time?

No

3A.1b Ordinary Dividend/distribution amount per security

AUD 0.03000000

3A.2 Is the ordinary dividend/distribution franked?

Payment currency equivalent amount per security NZD 0.03190000

Estimated or Actual?

Actual

3A.1a Ordinary dividend/distribution estimated amount per +security

AUD

3A.2a Is the ordinary dividend/distribution fully franked?

Yes

Yes

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Notification of dividend / distribution

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

For personal use only

AUD 0.03000000

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)

3A.5 Percentage amount of dividend which is unfranked 0.0000 %

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	4A.3 DRP discount rate
notices to share registry under DRP
3.5000 %
Tuesday March 15, 2022 17:00:00
4A.4 Period of calculation of reinvestment price
Start Date	End Date
16/3/2022	29/3/2022
4A.5 DRP price calculation methodology

The arithmetic average of the daily volume weighted average market price (rounded to the nearest cent) of all NTD shares sold through a Normal Trade on the ASX automated trading system during the 10 trading days commencing on 16 March 2022 and ending 29 March 2022, with a 3.5 percent discount.

4A.6 DRP Price (including any discount):

AUD 1.28000

4A.8 Will DRP +securities be a new issue?

4A.7 DRP +securities +issue date 8/4/2022

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?

No

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

Yes

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