CYCLIQ GROUP LTD — Capital/Financing Update 2018

Apr 17, 2018

18 April 2018

Media & ASX Market Announcement

Australian Securities Exchange

Cycliq signs major US and EU distributors, further expands retail network

Perth, 18 April 2018 - Cycliq continues to grow the global retail footprint for the recently launched Fly ‘Connected Edition’ products.

Strong consumer demand has created interest with major distributors around the world, the latest signings being BackCountry (USA) and ESM Sports (France).

Collectively they provide access to more than 1,000 retail stores across France and six leading online retail platforms in the USA, including the dedicated e-commerce site Competitive Cyclist (competitivecyclist.com).

“The ESM Sport and BackCountry deals further expand our growing retail footprint and build on our recent signing of AGU Holdings in the Benelux region,” said Cycliq Executive Chairman Chris Singleton.

“Combined with our regional sales and marketing activities, these agreements are the platform for our continued scale-up, increasing sales, marketing and distribution expertise to drive growth in these major markets.”

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For more information please contact:

Ben Hammond

Chief Marketing Officer - Cycliq

0424 454 239

About BackCountry

Backcountry.com is the premier online specialty retailer of outdoor gear for snow sports, hiking, camping, paddling, biking, climbing, fly fishing and more. Its offerings include a wide selection of premium apparel, both technical and casual. The Backcountry companies feature the dedicated cycling online retail platform Competitive Cyclist, as well as MotoSport.com, Steep&Cheap, and Bergfreunde.de, which is based in Germany.

About ESM Sport

ESM Sport is one of the largest distributors of cycling and outdoor equipment in France. The company works with well-known cycling brands to distribute products to more than 1,000 outlets across the region.

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E: info@cycliq.com

PO Box 404, Subiaco, WA 6904 Australia

About Cycliq

Cycliq is a consumer technology company that produces electronic safety accessories for cyclists. The leading range of integrated bike cameras includes the rear-facing Fly6 and front-facing Fly12.

Cycliq's bike cameras are highly engineered with multiple safety functions to give cyclists peace of mind so they can enjoy their ride.

The design emphasis focuses on four principal components: video, lights, battery and utility. The video (with audio) functions to record the ride whether for training, competition, travel or the daily commute.

In the event of an incident, the cameras act as dashcams, recording all that happens for later review. The powerful lights provide safety and visibility.

Cycliq has engineered its batteries to be small, yet last up to 8 hours - longer than a bike ride. The Fly6 and Fly12 are simple to use and durable enough to survive all sorts of conditions.

Cycliq's aim is to produce a durable digital trip recording device for all cyclists at an affordable price. The long-term goal is to see bike cameras as an everyday piece of cycling equipment along with the helmet, sunglasses and water bottle.

The Fly’s keep an eye on the road so that cyclists can enjoy the journey.

For more information about Cycliq, please visit www.cycliq.com

References

http://www.esm-sport.com/ http://www.backcountrycorp.com/

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E: info@cycliq.com

PO Box 404, Subiaco, WA 6904 Australia