Monthly Report - July 2026
Released
Released
Announcement PDF
Monthly Report July 2026
Rivco Australia Limited (ASX:RIV) 1
SHARES
ON ISSUE:
158,085,061 WATER
ASSETS:
$312 million
Net Asset Value (Pre-tax)
$1.77
per share
(unaudited)
Net Asset Value (Post-tax)
$1.60
per share
(unaudited)
Closing Share Price
$1.42
per share
Southern Basin Dam Storages – 31 July 2026
Dartmouth Hume Eildon Blowering Burrinjuck Menindee Average*
Current Month 71% 56% 52% 55% 52% 32% 56%
Previous Month 67% 36% 43% 44% 42% 32% 47%
Previous Year 68% 46% 57% 56% 54% 79% 60%
MARKET
CAP:
$224 million
* Weighted Average
Key Highlights
• Pre-tax NAV increased by 1 cent to
$1.77 per share, with new-season
allocations partly offset by softer
high security entitlement values.
• Strong winter rainfall lifted Southern
Basin weighted-average dam
storages to 56% at 31 July 2026, from
47% at 30 June 2026.
• General security allocations reached
12% in the NSW Murray and 22% in
the Murrumbidgee. Improved water
availability typically places
downward pressure on spot prices,
highlighting the value of having 81%
of the portfolio leased.
• Allocation prices ended 31 July at:
~$430/ML in the Lower Murray,
~$400/ML in the Murrumbidgee,
~$380/ML in the Goulburn and
~$320/ML in the Upper Murray.
• Ms Kaitlin Smith was appointed
Company Secretary on 3 July 2026.
The Company thanks Ms Katelyn
Adams for her significant
contribution as Company Secretary
since February 2019.
Portfolio Snapshot
This announcement has been authorised for release by the Chairman of Rivco Australia Limited (“Rivco” or “the Company”).
This document contains summary informationabout Rivco, its subsidiaries and their respective activities current as at the date of this document unless otherwise stated. This document does not contain all the
informationabout Rivco's assets and liabilities, financial positionand performance, profits and losses and prospects and does not purport to be complete or comprise all information whichis relevant to an
investment decision or that would be required in a prospectus or product disclosure statement prepared in accordance with the requirements of the Corporations Act 2001 (Cth).
This document should be read in conjunctionwith Rivco's other periodic and continuous disclosure announcements lodged with ASX which are available at www.asx.com.au.
The release, publication or distribution of this document (includingan electronic copy) outside of Australia may be restricted by law.
This document may contain forward looking statements, includingstatements regarding Rivco's intentions, beliefs or current expectations about its business and operations, and market conditions. Forward
looking statements are provided as a general guide only and should not be relied upon as an indication orguarantee of future performance.
This document does not constitute investment, tax, legal or any other form of advice or recommendation andwas prepared without regard to the specific objectives, financial situation or needsof any particular
person. Before making an investment decision, you should make your own enquiries and investigations and obtain your own professional advice.
Lachlan Campbell
Executive Manager - Corporate
lachlan.campbell@rivco.com.au
+61 410 107 158
Lachlan Beech
Executive Manager – Portfolio & Trading
lachlan.beech@rivco.com.au
+61 414 742 197
Contact Details
61.3 GL
WATER
ENTITLEMENTS
3.4 yrs
WEIGHTED AVERAGE
LEASE EXPIRY (WALE)
7.5%
DIVIDEND YIELD
(GROSS)2
5.3%
DIVIDEND YIELD
(CASH)3
1. Leased percentage increased by 1% (to 81%) during the monthdue to lower unleasedentitlement values,rather than new leases.
2. Calculated as the cash dividends paid over the previous12 months,grossed up for franking credits, divided by the EOM share price.
2. Calculated as the cash dividends paid over the previous12 months, divided by the EOM share price (relevantfor non-residentinvestors).
Awarded Allocation Percentages – 3 August 2026
Goulburn VIC Murray NSW Murray Murrumbidgee SA Murray
High Security 35% 40% 97% 95% 100%
General Security* 0% 0% 12% 22% N/A
*GeneralSecurityentitlements in NSW share similar characteristicsto Low Reliabilityentitlementsin Victoria.
81%
% OF PORTFOLIO
LEASED1
7.4 cps
CASH DIVIDENDS PAID
(LAST 12 MONTHS)
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