1H FY25 – ASX Appendix 3A.1 Dividend for half year 2025

Appendix 3A.1 - Notification of dividend / distribution
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Announcement Summary
Entity name
VULCAN STEEL LIMITED
Security on which the Distribution will be paid
VSL - ORDINARY FULLY PAID
Announcement Type
New announcement
Date of this announcement
11/2/2025
Distribution Amount
NZD 0.02588235
Ex Date
13/3/2025
Record Date
14/3/2025
Payment Date
27/3/2025
Additional Information
Nominal value of the resident withholding tax (for New Zealand Shareholders) for the dividend is NZ$0.00695
Imputation credit rate per share is NZ$0.00194444 (20% imputed)
Refer to below for full details of the announcement

Appendix 3A.1 - Notification of dividend / distribution
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Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
VULCAN STEEL LIMITED
1.2 Registered Number Type
ARBN
Registration Number
652996015
1.3 ASX issuer code
VSL
1.4 The announcement is
1.5 Date of this announcement
11/2/2025
1.6 ASX +Security Code
VSL
ASX +Security Description
ORDINARY FULLY PAID
Part 2A - All dividends/distributions basic details
2A.1 Type of dividend/distribution
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)
31/12/2024
2A.4 +Record Date
14/3/2025
2A.5 Ex Date
13/3/2025
2A.6 Payment Date
27/3/2025
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
Ordinary
New announcement

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FIRB approval
Another approval/condition external to the entity required before business day 0 of the timetable for the
dividend/distribution.
2A.8 Currency in which the dividend/distribution is made ("primary currency")
NZD - New Zealand Dollar
2A.9 Total dividend/distribution payment amount per
+security (in primary currency) for all
dividends/distributions notified in this form
NZD 0.02588235
2A.9a AUD equivalent to total dividend/distribution
amount per +security
AUD 0.02342353
2A.9c FX rate (in format AUD 1.00 / primary currency
rate): AUD
AUD 1.00
FX rate (in format AUD rate/primary currency rate)
Primary Currency rate
NZD 1.10497238
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?
2A.11 Does the entity have a securities plan for
dividends/distributions on this +security?
2A.12 Does the +entity have tax component information
apart from franking?
2A.13 Withholding tax rate applicable to the dividend/distribution (%)
15.000000 %
Part 3A - Ordinary dividend/distribution
3A.1 Is the ordinary dividend/distribution estimated at
this time?
3A.1a Ordinary dividend/distribution estimated amount
per +security
NZD
3A.1b Ordinary Dividend/distribution amount per
security
NZD 0.02500000
3A.2 Is the ordinary dividend/distribution franked?3A.2a Is the ordinary dividend/distribution fully franked?
3A.3 Percentage of ordinary dividend/distribution that is
franked
100.0000 %
3A.3a Applicable corporate tax rate for franking credit
(%)
30.0000 %
YesYes
No
No
We do not have a securities plan for dividends/distributions
on this security
No
No

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3A.4 Ordinary dividend/distribution franked amount per
+security
NZD 0.02500000
3A.5 Percentage amount of dividend which is unfranked
0.0000 %
3A.6 Ordinary dividend/distribution unfranked amount
per +security excluding conduit foreign income amount
NZD 0.00000000
Part 3F - NZD declared dividends/distributions - supplementary dividend/distribution
3F.1 Is a supplementary dividend/distribution payable?
3F.2 Is the supplementary dividend/distribution
estimated at this time?
3F.2b Supplementary dividend/distribution amount per +security
NZD 0.00088235
3F.3 Is the Supplementary dividend/distribution franked?
3F.4 Percentage of Supplementary dividend/distribution
that is franked
100.0000 %
3F.4a Applicable corporate tax rate for franking credit
(%)
30.0000 %
3F.5 Supplementary dividend/distribution franked
amount per +security
NZD 0.00088235
3F.6 Percentage of Supplementary dividend/distribution
that is unfranked
0.0000 %
3F.7 Supplementary dividend/distribution unfranked amount per security
NZD 0.00000000
Part 5 - Further information
5.1 Please provide any further information applicable to this dividend/distribution
2A.9 This is the dividend per share which includes supplementary dividend for Australian-domiciled shareholders who are
subject to non-resident withholding tax in NZ.
Q3A.1 b This is the dividend per share for New Zealand-domiciled shareholders who are entitled to the imputation credits
attached to the dividend.
Q2A.13 Provided the individual meets the requirements to apply the double tax treaty between NZ and Australia the
non-resident withholding tax rate would be 15%.
5.2 Additional information for inclusion in the Announcement Summary
Nominal value of the resident withholding tax (for New Zealand Shareholders) for the dividend is NZ$0.00695
Imputation credit rate per share is NZ$0.00194444 (20% imputed)
No
Yes