Dividend Information Lodged with ASX Appendix 3A.1

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Update Summary
Entity name
VULCAN STEEL LIMITED
Security on which the Distribution will be paid
VSL - ORDINARY FULLY PAID
Announcement Type
Update to previous announcement
Date of this announcement
18/3/2022
Reason for the Update
NZD/AUD exchange rate to be used for interim dividend has now been confirmed
Additional Information
none
Refer to below for full details of the announcement

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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
1.4a Reason for update to a previous announcement
NZD/AUD exchange rate to be used for interim dividend has now been confirmed
1.4b Date of previous announcement(s) to this update
10/2/2022
1.5 Date of this announcement
18/3/2022
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)
31/12/2021
2A.4 +Record Date
Ordinary
Update/amendment to previous announcement

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2A.4 +Record Date
11/3/2022
2A.5 Ex Date
10/3/2022
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 +ASIC
ACCC approval
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 0.32352941
2A.9a AUD equivalent to total dividend/distribution
amount per +security
AUD 0.30198235
Estimated or Actual?
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 1.07135205
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 %
Yes
We do not have a securities plan for
dividends/distributions on this security
No
Actual
No

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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 0.27500000
3A.2 Is the ordinary dividend/distribution franked?
3A.3 Percentage of ordinary dividend/distribution that is
franked
0.0000 %
3A.4 Ordinary dividend/distribution franked amount per
+security
NZD 0.00000000
3A.5 Percentage amount of dividend which is unfranked
100.0000 %
3A.6 Ordinary dividend/distribution unfranked amount
per +security excluding conduit foreign income amount
NZD 0.27500000
Part 3E - Other - distribution components / tax
3E.1 Please indicate where and when information about tax components can be obtained (you may enter a url).
New Zealand imputation credits are attached to 100% of the dividend.
3E.2 Please indicate the following information if applicable. (Refer Annual Investment Income Report specification for
further information)
Field NameAIIR Specification ReferenceValueEstimated/Actual
Interest9.79

Unfranked dividends not
declared to be conduit foreign
income

9.80

Unfranked dividends declared
to be conduit foreign income
9.81

Assessable foreign source
income
9.91

Tax-free amounts9.96

Tax-deferred amounts9.97

No
No

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Managed investment trust
fund payments
9.105

Franked distributions from
trusts
9.120

Gross cash distribution9.121

Interest exempt from
withholding
9.122

Capital Gains discount
method Non-Taxable
Australian property
9.124

Capital gains other
Non-Taxable Australian
property
9.126


Other income9.130

Royalties9.135

NCMI

Excluded from NCMI

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.2a Supplementary dividend/distribution estimated
amount per +security
NZD 0.04852941
3F.2a(i) Date that actual supplementary
dividend/distribution amount per +security will be
announced:

Estimated or Actual?
3F.2b Supplementary dividend/distribution amount per +security
NZD 0.04852941
3F.3 Is the Supplementary dividend/distribution franked?
3F.4 Percentage of Supplementary dividend/distribution
that is franked
0.0000 %
3F.4a Applicable corporate tax rate for franking credit
(%)
0.0000 %
3F.5 Supplementary dividend/distribution franked
amount per +security
NZD 0.00000000
3F.6 Percentage of Supplementary dividend/distribution
that is unfranked
100.0000 %
No
Estimated
No
Yes

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3F.7 Supplementary dividend/distribution unfranked amount per security
NZD 0.04852941
Part 5 - Further information
5.1 Please provide any further information applicable to this dividend/distribution
Q2A.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.1b 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
none