CODEIFAI LIMITED — Capital/Financing Update 2020

Aug 23, 2020

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ASX ANNOUNCEMENT

ASX:YPB | 24 August 2020

YPB receives commitments for $650,000

Product authentication and consumer engagement solutions provider YPB Group Limited (ASX:YPB) (“YPB” or the “Company”) is pleased to advise that it has received commitments to raise $650,000 from a placement to sophisticated and professional investors (“Placement”). Under the placement, the Company will issue 260,000,000 fully paid ordinary shares (“Shares”) at an issue price of $0.0025 per Share together with one free attaching unquoted option (exercisable at $0.005 per Option, expiring 12 months from the date of issue) (“Option”) for every two Shares issued under the Placement.

Funds raised under the Placement will be used for the technical development of the Company’s Motif Micro and the Connect Platform technologies, business development, marketing costs and to pay for costs related to the Placement and for general working capital purposes.

The Placement Shares will be issued utilising the Company’s existing Listing Rule 7.1 capacity. The issue of the Placement Options will be subject to the Company obtaining shareholder approval.

EverBlu Capital Pty Ltd (“EverBlu”) is Corporate Adviser and Lead Manager in relation to the Placement and will receive a 6% fee on the gross amount raised under the Placement as well as 18 million Shares and 50 million Options (under the same terms as the Placement) subject to the Company obtaining shareholder approval. EverBlu or one of its associated entities participated in the Placement.

This announcement has been authorised by the Board of YPB Group Limited.

For further information please contact:

Investor enquiries

investors@ypbsystems.com

investors@ypbsystems.com

YPB Group Limited Suite 1, 295 Rokeby Road Subiaco, Western Australia 6008, AUSTRALIA

ypb.io