JAYRIDE GROUP LIMITED — Capital/Financing Update 2021

Apr 6, 2021

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ASX Announcement

7th April 2021

Trips Rebound in March – Q3 Market Update

Jayride Group Limited (ASX:JAY) (“ Jayride” or the “ Company” ) the world leading global travel marketplace for airport transfers today provides the following market update.

• Passenger Trips Booked grew +69% in Q3 FY21 vs prior quarter

• March 2021 Passenger Trips Booked grew +127% vs prior month

• Growth is led by North America, with trips in all other continents also increasing

Managing Director, Rod Bishop, said “We are encouraged by the rebound in trips coming through as vaccination programs gather pace. The global travel recovery has step-changed in March. Trips in March (and April to date) are significantly higher than prior months. We are well placed to scale up and service this growing demand.

“Jayride’s growth is being driven by the North American market. In particular US travellers are resuming their travel to domestic and regional destinations like Florida, Mexico and the Dominican Republic. Trips in all other continents also grew in March.”

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The Company expects to release its Q3 Quarterly Business Review and Appendix 4C cash flow report during the week of 26th April 2021.

Jayride Group Limited (ACN 155 285 528)

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For more information please contact

Rod Bishop

Managing Director Email: corporate@jayride.com

ASX release authorised by Rod Bishop, Managing Director, Jayride Group Limited.

About Jayride Group Limited (ASX:JAY)

Jayride.com is the world’s leading publicly listed airport transfers marketplace, where travellers compare and book rides around the world. With Jayride.com, travellers can compare and book with 3,700+ ride service companies, servicing 1,600+ airports in 110+ countries around the world, including the Americas, Europe, Middle East, Africa, Asia and the Pacific.

The Jayride.com platform aggregates ride service companies and distributes them to travellers at Jayride.com; and via travel brand partners including other technology platforms, travel agencies and wholesalers. These travel brands implement Jayride APIs to sell door–to–door ride services that build traveller confidence and defend their core travel business.

Founded in 2012, Jayride.com is headquartered in Sydney, Australia.

For more information, please visit www.jayride.com

Forward-looking statements

This announcement contains forward-looking statements that involve risks and uncertainties. Indications of, and guidelines or outlook on, future earnings, distributions or financial position or performance and targets, estimates and assumptions in respect of production, prices, operating costs, results, capital expenditures, reserves and resources are also forward-looking statements. These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions and estimates regarding future events and actions that, while considered reasonable as at the date of this announcement and are expected to take place, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, the directors and management. We cannot and do not give any assurance that the results, performance or achievements expressed or implied by the forward-looking statements contained in this announcement will actually occur and readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements are subject to various risk factors that could cause actual events or results to differ materially from the events or results estimated, expressed or anticipated in these statements.

Jayride Group Limited (ACN 155 285 528)

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