CODEIFAI LIMITED — Capital/Financing Update 2023

Sep 3, 2023

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ASX ANNOUNCEMENT ASX: YPB | 4 September 2023

Update to Placement announced 20 March 2023

Authentication and consumer engagement solutions creator YPB Group Limited (ASX: YPB) is pleased to announce an update to the placement announced 20 March 2023.

The Placement was in 2 stages, the first stage was completed as previously advised on 22 March 2023 and the second stage was $1,100,000 comprised of an investment by the Executive Chairman of $500,000 which approved by shareholders on 31 May 2023 and issued on 30 June 2023.

The shareholder approvals obtained at the 31 May 2023 AGM included those for the balance of the second stage of the Placement comprising the issue of up to 135,135,134 Shares and Options. The approvals obtained at that meeting were valid until 31 August 2023. Due to the lapse of the shareholder approvals received at the 31 May 2023 AGM the Company does not intend to seek further shareholder approval for the balance of the second stage of the Placement and instead procured alternative funding arrangements as described below.

The Company is pleased to announce that J F Houston Holdings Pty Ltd (JFH), an entity associated with the Executive Chairman, has agreed to extend a further new unsecured loan facility of $500,000 on the following terms:

1. Agreement to provide an A$500,000 facility to YPB for 12 months.

2. Interest is payable on amounts advanced under the facility at a reference NAB facility rate plus 9%.

3. The loan and interest are repayable by YPB in 12 months.

4. The issue of 200,000,000 options (at an exercise price of $0.005 per option, expiring 3 years from the date of issue and transferable) will be paid by YPB for the loan facility. The issue of the options to Mr Houston (via JFH) is subject to shareholder approval.

The loan facility allows sufficient headway to realise current and future business opportunities and In parallel the Company intends to seek to establish a new Broker relationship as the mandate with EverBlu Corporate Capital Pty Ltd which was announced 28 March 2022 has now lapsed.

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

Ends.

For further information please contact:

YPB investor enquiries Ben Jarvis investors@ypbsystems.com 0413 150 448 Ben.jarvis@sdir.com.au

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investors@ypbsystems.com

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YPB Group Limited Level 5 126 Phillip Street SYDNEY NSW 2000

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ypbsystems.com

Six Degrees Investor Relations

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About YPB Group

YPB Group Limited (ASX: YPB) is listed on the Australian Stock Exchange and has developed and sells of a suite of physical, digital, and AI-based authentication technologies with a vast range of applications. Our solutions can easily authenticate a myriad of items, such as FMCG (fast-moving consumer goods) products, official identification documents, pharmaceuticals, nutraceuticals, dairy products, tax stamps, transactions - and even people.

Our solutions trigger engagement with consumers in a consented, cost-effective, and direct manner. Our proprietary technologies utilize Bluetooth and/or smartphones to capture and analyse invaluable authentication data in our Connect™ global intelligence platform, providing real-time, first-party, and worldwide market intelligence data. This actionable data enables brands to establish digital and direct marketing channels with their customers.

The markets YPB is targeting comprise many billions of items, and this number is growing rapidly, providing YPB with significant growth opportunities for its authentication and consumer engagement technologies.

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investors@ypbsystems.com

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YPB Group Limited Level 5 126 Phillip Street SYDNEY NSW 2000

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ypbsystems.com