CODEIFAI LIMITED — Regulatory Filings 2020

Jul 21, 2020

ASX ANNOUNCEMENT ASX:YPB | 22 July 2020

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Belinda Giles Adviser

ASX Listings Compliance (Perth) Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000

By email

Dear Ms Giles,

RE: Response to ASX Price Query

YPB Group Limited (ASX:YPB) (“YPB” or the “Company”) refers to your Price Query letter dated 21 July 2020 and provides the following responses:

1. The Company is not aware of any information concerning it that has not been announced which, if known, could be an explanation for recent trading in the securities of the Company.

2. Not applicable.

3. The Company notes the following:

   • a. The COVID-19 pandemic has globally raised brand and especially consumer awareness of authenticity, security and traceability, which are the foundations of YPB’s existence and product lines. The Company has experienced increased levels of interest for its authenticity technology since the onset of COVID-19 although at the time of writing this response, no commercial contracts are announceable.

   • b. Another of YPB’s technologies is “CONNECT” where serialised QR codes are used to protect such products as Nature One Dairy’s Infant formula (see announcement dated June 19[th] “Nature One Dairy – first revenue and now on Coles shelves”). The use of QR codes in Australia and other western markets has historically been slow to adopt, but with the onset of COVID-19, consumers in these markets are rapidly becoming more aware of QR codes daily as they are the most frequently used method of tracing used in restaurants and other venues, hence the awareness of these has risen dramatically in a short period of time. YPB has pioneered the supply of serialised QR solutions in the Australian and SE Asian markets.

   • c. In a recent announcement dated June 10[th] “Funding Update” it was confirmed that funding provided by the Chairman was to be used for the CONNECT platform and Motif Micro especially to fund the next phase of development which is the ability of Android smartphones to read YPB’s proprietary Motif Micro technology. This is expected to be a major milestone for the Company and again as previously reported print trials with China’s

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largest security label printer Panpass Inc. have been able to progress due to this funding.

1. The Company confirms it is complying with the Listing Rules and, in particular, listing rule 3.1

2. The Company confirms that the Company’s response has been authorised and approved by officers of the Company that have delegated authority from the Board to respond to ASX disclosure matters.

Regards,

Sebastian Andre Company Secretary YPB Group Limited

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21 July 2020

Reference: 20732

Mr Sebastian Andre Company Secretary YPB Group Ltd

By email

Dear Mr Andre

YPB Group Ltd (‘YPB’): Price and Volume Query

ASX refers to the following:

• A. The change in the price of YPB’s securities from a low of $0.004 to an intra-day high of $0.008 today.

• B. The significant increase in the volume of YPB’s securities traded today.

Request for information

In light of this, ASX asks YPB to respond separately to each of the following questions and requests for information:

1. Is YPB aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities?

2. If the answer to question 1 is “yes”.

   • (a) Is YPB relying on Listing Rule 3.1A not to announce that information under Listing Rule 3.1? Please note that the recent trading in YPB’s securities would suggest to ASX that such information may have ceased to be confidential and therefore YPB may no longer be able to rely on Listing Rule 3.1A. Accordingly, if the answer to this question is “yes”, you need to contact us immediately to discuss the situation.

   • (b) Can an announcement be made immediately? Please note, if the answer to this question is “no”, you need to contact us immediately to discuss requesting a trading halt (see below).

   • (c) If an announcement cannot be made immediately, why not and when is it expected that an announcement will be made?

3. If the answer to question 1 is “no”, is there any other explanation that YPB may have for the recent trading in its securities?

4. Please confirm that YPB is complying with the Listing Rules and, in particular, Listing Rule 3.1.

5. Please confirm that YPB’s responses to the questions above have been authorised and approved under its published continuous disclosure policy or otherwise by its board or an officer of YPB with delegated authority from the board to respond to ASX on disclosure matters.

When and where to send your response

This request is made under Listing Rule 18.7. Your response is required as soon as reasonably possible and, in any event, by no later than 2:15 PM AWST Tuesday, 21 July 2020 . You should note that if the information requested by this letter is information required to be given to ASX under Listing Rule 3.1 and it does not fall within the exceptions mentioned in Listing Rule 3.1A, YPB’s obligation is to disclose the information

ASX Customer Service Centre 131 279 | asx.com.au

ASX Limited [[Listings]]

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‘immediately’. This may require the information to be disclosed before the deadline set out in the previous paragraph and may require YPB to request a trading halt immediately.

Your response should be sent to me by e-mail at ListingsCompliancePerth@asx.com.au . It should not be sent directly to the ASX Market Announcements Office. This is to allow me to review your response to confirm that it is in a form appropriate for release to the market, before it is published on the ASX Market Announcements Platform.

Trading halt

If you are unable to respond to this letter by the time specified above, or if the answer to question 1 is “yes” and an announcement cannot be made immediately, you should discuss with us whether it is appropriate to request a trading halt in YPB’s securities under Listing Rule 17.1. If you wish a trading halt, you must tell us:

• the reasons for the trading halt;

• how long you want the trading halt to last;

• the event you expect to happen that will end the trading halt;

• that you are not aware of any reason why the trading halt should not be granted; and

• any other information necessary to inform the market about the trading halt, or that we ask for.

We require the request for a trading halt to be in writing. The trading halt cannot extend past the commencement of normal trading on the second day after the day on which it is granted. You can find further information about trading halts in Guidance Note 16 Trading Halts & Voluntary Suspensions .

Suspension

If you are unable to respond to this letter by the time specified above, ASX will likely suspend trading in YPB’s securities under Listing Rule 17.3.

Listing Rules 3.1 and 3.1A

In responding to this letter, you should have regard to YPB’s obligations under Listing Rules 3.1 and 3.1A and also to Guidance Note 8 Continuous Disclosure : Listing Rules 3.1 – 3.1B. It should be noted that YPB’s obligation to disclose information under Listing Rule 3.1 is not confined to, nor is it necessarily satisfied by, answering the questions set out in this letter.

Release of correspondence between ASX and entity

We reserve the right to release a copy of this letter, your reply and any other related correspondence between us to the market under Listing Rule 18.7A.

Questions

If you have any questions in relation to the above, please do not hesitate to contact me.

Yours faithfully

Belinda Giles

Adviser, Listings Compliance (Perth)

2/2 ASX Customer Service Centre 131 279 | asx.com.au