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JAYRIDE GROUP LIMITED Share Issue/Capital Change 2025

Mar 30, 2025

65156_rns_2025-03-30_dd7f305c-2db9-4a4d-9160-182863a082c6.pdf

Share Issue/Capital Change

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ASX RELEASE 31 MARCH 2025

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Cleansing Statement

Jayride Group Limited (ASX:JAY) (“Jayride” or the “Company”), the global online travel marketplace for airport transfers, advises that on 28 March 2025, it issued the following shares, some of which were issued without disclosure to the recipients under Part 6D.2 of the Corporations Act 2001 (Cth):

  • 170,433,327 Shares to participants of the Entitlement Offer (launched 24 February 2025);

  • 333,333,338 Shares in relation to the Underwriting of the Entitlement Offer;

  • 661,778,025 Shares in relation to the conversion of $1.98 million of Convertible Notes on issue in the Company, comprising all Notes on issue (without disclosure to the recipients under Part 6D.2; however, the Convertible Notes were issued pursuant to a convertible note cleansing statement);

  • 4,268,567 Shares in relation to interest due to certain Convertible Noteholders (without disclosure to the recipients under Part 6D.2); and

  • 3,333,334 Shares to a service provider (without disclosure to the recipients under Part 6D.2).

The Company hereby gives notice under Section 708A(5) of the Corporations Act that:

  • (a) The Company has issued shares without disclosure to the recipients under Part 6D.2 of the Corporations Act;

  • (b) as at the date of this notice, the Company has complied with the provisions of:

    • a. Chapter 2M of the Corporations Act as they apply to the Company; and

    • b. Section 674 of the Corporations Act; and

  • (c) as at the date of this notice there is no information:

    • a. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

    • b. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

      • I. the assets and liabilities, financial position and performance, profits and losses and prospects of the body; or

      • II. the rights and liabilities attaching to the relevant securities

to the extent to which it is reasonable for investors and their professional advisers to expect to find the information in a disclosure document.

ENDS

This announcement has been approved by the Company Secretary of Jayride Group Limited.

For further information, please contact:

Jayride Group Limited Reign Advisory Pty Ltd e: [email protected] e: [email protected] p: +61 2 9174 5388

Jayride Group Limited (ASX: JAY) ACN: 155 285 528 jayride.com

ASX RELEASE 31 MARCH 2025

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About Jayride Group Limited (ASX:JAY)

Jayride Group is a leading publicly listed online travel marketplace for airport transfers, where travellers compare and book rides around the world. With Jayride, travellers can compare and book with 3,700+ ride service companies, servicing 1,600+ airports in 110+ countries around the world which cover 95% of world airport trips, including across the Americas, Europe, Middle East, Africa, Asia and the Pacific.

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

Founded in 2012, Jayride Group is a global company incorporated in Australia and listed on the Australian Securities Exchange (ASX:JAY). For more information, please visit www.jayride.com

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