JAYRIDE GROUP LIMITED — Share Issue/Capital Change 2023

Jun 8, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

JAYRIDE GROUP LIMITED

Announcement Type

New announcement

Date of this announcement

Friday June 09, 2023

The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
JAY	ORDINARY FULLY PAID	800,000	09/06/2023

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

JAYRIDE GROUP LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ACN

Registration number 155285528

1.3 ASX issuer code

JAY

1.4 The announcement is

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New announcement

1.5 Date of this announcement

9/6/2023

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class issued under an +employee incentive scheme

FROM (Existing Class) ASX +security code and description

No security currently exists

FROM (Existing Class) +Security description

N/A as no security currently exists.

TO (Existing Class) ASX +security code and description JAY : ORDINARY FULLY PAID

Please state the number of +securities issued under the +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer 800,000

Please provide details of a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://www.asx.com.au/asxpdf/20211025/pdf/4522cy8sgqrmgk.pdf

Are any of these +securities being issued to +key management personnel (KMP) or an +associate No

Issue date

9/6/2023 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

800,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Securities are being issued to the Company's Employee Share Scheme Trust in accordance with the terms of that Scheme.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.150000

Any other information the entity wishes to provide about the +securities to be quoted

The issue of securities is being made pursuant to Div 1A Part 7.12 of the Corporations Act and accordingly a cleansing statement is not required.

Application for quotation of +securities

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Application for quotation of +securities

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Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
JAY : ORDINARY FULLY PAID	203,637,802

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
JAYAS : PERFORMANCE OPTION EXPIRING 30-JUN-2024 EX $0.30	1,225,000
JAYAJ : OPTION EXPIRING 30-JUN-2025 EX $0.30	2,236,099
JAYAK : OPTION EXPIRING 30-JUN-2025 EX $0.30 CLASS D	1,575,440
JAYAW : OPTION EXPIRING 30-JUN-2027 EX $0.30	2,833,085
JAYAT : OPTION EXPIRING 30-JUN-2026 EX $0.30 CLASS E	1,165,697
JAYAI : OPTION EXPIRING 30-JUN-2024 EX 55.3C	1,030,887
JAYAH : OPTION EXPIRING 30-JUN-2023 EX 53.3C	2,077,483
JAYAV : PERFORMANCE OPTIONS EXPIRING 30-JUN-2026 EX $0.1551	1,000,000
JAYAU : PERFORMANCE OPTION EXPIRING 30-JUN-2025 EX $0.242	250,000

Application for quotation of +securities

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Application for quotation of +securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

13

Application for quotation of +securities

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