GRATIFII LIMITED — Capital/Financing Update 2017

Dec 27, 2017

28 DECEMBER 2017

ASX ANNOUNCEMENT

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Capital Raising

• Mobecom has received firm commitments to raise $1.2 million via a share placement, receiving strong support

• The raise follows strong commercial success since Mobecom’s listing on 17 October 2017, and the signing of a number of major commercial contracts in recent months

• Funds raised will support the rollout of airBux technology to deliver on the Company’s recent contract wins with Vodacom, NETs and Spur Corporation

• Management continues to progress commercial negotiations with several parties, and expects additional contracts will be announced in the new year

Mobecom Limited (ASX: MBM) (Mobecom or the Company) is pleased to announce it has received firm commitments to raise $1.2 million (before costs) via a private share placement (Placement) to sophisticated investors.

Strong commercial success since listing

Since its ASX listing on 17 October 2017, the Company has achieved strong commercial success, signing major commercial deals with Vodacom, a multibillion-dollar South African telco, NETS, Singapore’s largest payments acceptance network and Spur Corporation, a South African multi-brand restaurant franchisor.

Funds will support technology rollout for recent commercial deals

Due to rapid commercial success, additional funds are required to support the integration and rollout of airBux technology to deliver on these three recently signed commercial contracts and significantly advance the Company’s progress towards a commercial launch of airBux in 2018.

Placement

Under the Placement, 3,750,012 fully paid new shares will be issued at $0.32 per share pursuant to the Company’s 15% capacity under ASX Listing rule 7.1, representing a 20% discount to the 5-day volumeweighted average price (VWAP), to raise $1.2 million before costs.

The Placement was led by PAC Partners receiving strong support.

The Company will also seek shareholder approval at the next general meeting of shareholders for Director, David Fisher to participate on the same terms of the Placement to raise an additional $100,000 through the issue of 312,500 new shares at $0.32 per share (“Director’s Placement”).

Assuming shareholders approve the Director’s Placement, the combined funds raised will then total $1,300,000.

The settlement of the application funds and the issue of shares under the Placement is anticipated to take place on or about 5 January 2018. The Director’s Placement will occur only after shareholder approval is obtained at a general meeting to be held within the next three months.

Mobecom Chief Executive Officer, Neil Joseph, states:

“We’re incredibly pleased with the strong commercial progress we have made since listing and the signing of these three major contracts with leading blue-chip organisations in South Africa and Singapore. We remain focused on completing data migration, integrating our airBux platform and completing the development of supporting mobile applications and technology by early 2018.”

“We would like to thank our shareholders for their ongoing support, and look forward to providing the market with further updates of our progress in the new year, including the expected conversion of further new contracts in the immediate future.”

Ends.

For further information, contact:

Media Enquiries Harrison Polites Media and Capital Partners M: +61 409 623 618 E: harrison.polites@mcpartners.com.au

Neil Joseph Chief Executive Officer Mobecom Ltd M: +61 2 9922 6988 E: neil.joseph@mobecom.co

Tom Fairchild Lead Manager PAC Partners M: +61 416 495 830 E: tfairchild@pacpartners.com.au

About Mobecom Limited

Mobecom Limited (ASX:MBM) is a full-stack customer engagement technology provider that delivers end-to-end technology solutions for businesses to engage with their customers. Its primary offering, airBux, is a digital currency platform that provides ‘liquidity for loyalty’ and is the Company’s direct to consumer mobile application offering, with a cloud-based currency at its core. With mobile payment, ordering, booking and local offer capability; the airBux cryptocurrency will be the gateway to a new digital lifestyle rewards program.

The Company’s existing B2B offering provides its blue-chip customers based in Australia, Singapore, South Africa, the UK and Europe with technology solutions, built on its airBux proprietary technology, to deliver a complete end-to-end set of customer engagement technology requirements, including both back-end (databases) and front-end technology (design, mobile applications and websites).

For more information, please visit www.mobecom.co

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