CODEIFAI LIMITED — Capital/Financing Update 2023

Jan 12, 2023

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

YPB GROUP LTD

Date of this announcement

Friday January 13, 2023

The +securities the subject of this notification are: Other

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Unlisted options exercisable at $0.005, and	200,000,000	16/01/2023
to be confirmed	expiring 3 years from the date of issue

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

YPB GROUP LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

68108649421

1.3 ASX issuer code

YPB

1.4 The announcement is

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New announcement

1.5 Date of this announcement

13/1/2023

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

Please refer to Appendix 3B dated 4 October 2022

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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does not have an existing ASX security code ("new class")

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

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New +securities
ASX +security code +Security description
New class - code to be confirmed Unlisted options exercisable at $0.005, and expiring 3
years from the date of issue
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
16/1/2023
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02576737-6A1113165?access_token=8
3ff96335c2d45a094df02a206a39ff4
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.00500000 16/1/2026
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
Fully Paid Ordinary Shares (ASX:YPB)
Any other information the entity wishes to provide about the +securities the subject of this notification
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A facility fee and the issue of unlisted options are for payment by the Company for the loan facility provided by Mr John Houston, Executive Chair. The issue of the unlisted options was approved by shareholders at the General Meeting held on 23 December 2022.

The options are transferable to any person (if a prospectus is issued by the Company) or if no prospectus is issued, then only transferable if the transfer complies with section 707(3) of the Corporations Act.

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Please see further information provided in the Appendix 3B dated 4 October 2022.

Issue details Number of +securities 200,000,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Nil Purpose of the issue Other Additional Details A facility fee and the issue of options are being paid by YPB for the loan facility.

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
YPB : ORDINARY FULLY PAID	406,546,153
YPBO : OPTION EXPIRING 05-JUL-2024	140,000,000

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
YPBAD : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	2,560,000
YPBAH : PERFORMANCE RIGHTS	9,176,353
New class - code to be confirmed : Unlisted options exercisable at $0.005, and expiring 3	200,000,000
years from the date of issue

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

23/12/2022

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