JAYRIDE GROUP LIMITED — Capital/Financing Update 2023

Sep 25, 2023

Market Announcement

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26 September 2023

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Jayride Group Limited (ASX: JAY) – Suspension from Quotation

Description

The securities of Jayride Group Limited (‘JAY’) will be suspended from quotation immediately under Listing Rule 17.2, at the request of JAY, pending the release of an announcement regarding a capital raising.

Issued by

Salvador Caldwell

Adviser Listings Compliance

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

26 September 2023 ASX Limited

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Salvador Caldwell Adviser Listings Compliance (Sydney) ASX Compliance Pty Ltd 20 Bridge Street Sydney NSW 2000

By email: Companies_Sydney@asx.com.au; tradinghaltssydney@asx.com.au

26 September 2023

Dear Salvador,

Request for Voluntary Suspension

I refer to an earlier Request for Trading Halt in the securities of Jayride Group Limited (ASX:JAY) ( Jayride or the Company ) made on Friday, 22 September 2023 (the Trading Halt Request ). The Trading Halt Request was made pending the Company structuring and executing a capital raising.

The Company now anticipates being in position to make an announcement regarding the capital raising activities being undertaken by the Company on or around Thursday, 28 September 2023.

Accordingly, pursuant to ASX Listing Rule 17.2, the Company requests a voluntary suspension in the Company’s securities until Thursday, 28 September 2023 by which time it expects to announce the details of a capital raising.

The Company is not aware of any reason why the voluntary suspension should not be granted.

Yours sincerely, Sonny Didugu Company Secretary

Jayride Group Limited (ACN 155 285 528) – 1