Orcoda : Groundbreaking Patent Granted by United States Patent Office

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Orcoda Limited

Unit 305, 434 St Kilda Road,

Melbourne, Vic, 3004 Australia

Tel +61 3 9866 7333

www.orcoda.com

15 December 2021

GROUNDBREAKING PATENT GRANTED BY UNITED STATES PATENT OFFICE

• Patent granted by US Patent Office for "Booking System for Personnel Supply Chains" which also enhances the ability to prosecute Orcoda's Australian Patents.
• Increasing demand for digital solutions for all large companies in mining, oil & gas and large infrastructure projects represents a very large marketplace now protected under Orcoda's US and Australian patents.
• Orcoda at the forefront of the digital revolution in Transport Logistics and Transport Services in Australia and United States.

Orcoda Limited (ASX: ODA) ('Orcoda' or the 'Company'), the leading provider of Artificial Intelligence Solutions (AI) for transport logistics and transport services in road rail and air, is pleased to announce that the United States Patent Office has granted Resource Connect Holdings Pty Ltd (a wholly owned subsidiary of Orcoda), a United States patent (No. 11,182,704) for its Orcoda Workforce Logistics System, "Booking System for Personnel Supply Chains".

The patent provides coverage over Orcoda's Healthcare (managing the transport of people in light vehicles or buses to and from accommodation) and Resource Platforms (Mining, Oil & Gas and Major Infrastructure) for the Company's innovative booking system for managing transport of people and the assets they travel in through personnel supply chains.

Field of the Invention

Irrespective of the rapid development in computer software (and hardware) and any anecdotal or technically informed commentary, there is to date no universal solution to the immense logistical problem of managing a vast workforce from the aspects and perspectives of different stakeholders, such as that of the individual worker, the employer and the various service and asset providers.

In seeking to address this difficult problem, this invention coordinates the booking of personnel, services and assets on a single database across a total personnel supply chain ("TPSC") including:

• recruitment,
• medicals,
• induction and training,
• regular public transport,
• flights,
• air charter,
• bus charter,
• light vehicle and plant,
• accommodation, and;
• worksites

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known as the personnel supply chain.

Overall the invention provides a Services Orientated Architecture of one database that connects all personnel, service and asset provider databases via application programming interfaces for booking functions across the TPSC.

Connecting all of the processes onto one database ensures the personnel supply chain is not broken at any point therefore having a continuous and connected supply chain that ensures services, assets and personnel booked are matched and provides an active manifest environnment operated in real time that automates, links and optimises the total process on a scale unknown to the prior art.

The patent provides coverage in the USA until 1 May 2036, a digital copy of the patent is attached.

The other key priority dates are the United States national phase entry (13 January 2017) and the international filing date (19 January 2016). The patent grant confirms the novelty and originality of ODA's technology platforms.

The increasing demand for digital solutions for all large companies in mining, oil & gas and major infrastructure projects represents a very large marketplace protected under the Company's US and Australian patents.

It is estimated the market in the US for licencing of Orcoda's technology platform in the resource sector alone (at Orcoda's current licensing rate of AUD$1 per person per day), is a potential AUD $9 billion revenue per annum marketplace*.

Orcoda is investigating whether many large corporations in both Australia and the USA are breaching the Company's patent and intends to explore the potential for recovery of legitimate claims and pursue the licensing of our technology in this very large market place.

The US patent grant provides further validation of the Company's market leadership in the digital revolution occurring in supply chain logistics.

Managing Director Geoff Jamieson said:

"This patent grant is a critical milestone for the Company. It confirms to shareholders Orcoda's ground- breaking digital solutions put us at the forefront of the digital revolution occurring in transport supply chains and personnel supply chains and also the carrying value of our intangibles. It also greatly enhances the Company's credibility and bargaining strength in licensing our technology to major international organisations."

"The Company has taken a repetitional leap forward with the official grant of this broad, commercially relevant US patent and I'm confident it will prove to be a key milestone in our growth phase and may deliver substantial recurring revenue streams that will enhance shareholder value."

This ASX release is authorised by the Board of Orcoda Limited.

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ABOUT ORCODA

Orcoda Limited (ASX:ODA) is a leading Australian transport logistics and transport services solution provider with expertise in business efficiency and optimisation of processes. We are operational efficiency specialists who supply best-in-class solutions combining technology, management expertise and contracting services that makes our clients among the most productive and cost-effective organisations in their respective industries.

Our clients come from a diverse array of industry sectors and include some of Australia's largest companies operating in the resources / infrastructure, transport logistics and healthcare transport sectors.

Orcoda's combined expertise is focused on three key sectors of transport logistics and services: road, rail and air. We pride ourselves on enabling our clients to generate fast, accurate and reliable information, ensuring they are able to make the best business decisions the first time, every time and on time.

www.orcoda.com

*American Petroleum Institute https://www.api.org/oil-and-natural-gas/energy-primers/hydraulic-fracturing/how-many-jobs-has-the-oil-and-natural-gas-industry-created(9.8 million workers)

*Brookingshttps://www.brookings.edu/blog/brookings-now/2014/05/12/14-2-million-americans-work-in-infrastructure-what-does-that-mean/(14.2 million workers)

*Statistahttps://www.statista.com/statistics/193214/employment-in-total-us-mining-industry-since-

1998/(670k workers)