CODEIFAI LIMITED — Capital/Financing Update 2023

Mar 21, 2023

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ASX ANNOUNCEMENT

ASX: YPB | 22 March 2023

Notice Under Section 708A(5)(e) of the Corporations Act 2001

This notice is given by YPB Group Limited (“ YPB ” or the “ Company ”) under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Act ).

Further to the Company's ASX announcement on 20 March 2023, the Company confirms that it has completed stage one of the placement. Stage one consisted of raising $900,000 (before costs) from the issue of 202,702,703 fully paid ordinary shares ( Shares ) to professional and sophisticated investors.

The Shares were issued pursuant to the approval received at the shareholders meeting held on 23 December 2022.

The proposed issue of second stage of the placement described in the Company's ASX announcement on 20 March 2023 is subject to shareholder approval.

Please refer to the Company's previous ASX announcements for further details of the placement.

Pursuant to section 708A(5)(e) of the Act, the Company gives notice that:

• (a) the Shares were issued without disclosure to investors under Part 6D.2 of the Act;

• (b) the Company is providing this notice under paragraph (5)(e) of section 708A of the Act;

• (c) as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company;

• (d) as at the date of this notice, the Company has complied with sections 674 and 674A of the Act; and

• (e) as at the date of this notice, there is no information:

  • (i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • (ii) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

    1. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

    2. the rights and liabilities attaching to the Shares.

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

Ends.

For further information please contact:

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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

YPB investor enquiries investors@ypbsystems.com

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Ben Jarvis 0413 150 448 Ben.jarvis@sdir.com.au Six Degrees Investor Relations

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