YOJEE LIMITED — Capital/Financing Update 2016

Jul 11, 2016

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ASX: YOJ
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12 July 2016 YOJEE PLATFORM: JUNE HALF YEAR NETWORK PARTNER REGISTRATIONS

Yojee Limited (ASX: YOJ) , a new platform technology company delivering powerful logistics and supply chain management capabilities via its’ world class software to the South East Asian region, has registered 15,522 vehicles within its network and established 229 transport hubs (logistics warehouses) across Australia and the South East Asia region during the first half 2016.

“In just six months, we have surpassed all of our expectations in regards to user take up of the Yojee platform. To put things into perspective, Yojee has already built over three times more coverage than FedEx in the same region. In June alone, we registered 5,469 vehicles and 65 transport hubs, confirming that current trends look very positive. We are executing our roll-out plan and making steady progress on our strategic priorities to ensure our community have the best choice of services and a simple, rewarding experience, with our powerful technology platform. This strong start positions us well for long-term growth as we continue to invest in growing our community,” said Ed Clarke, CEO of Yojee.

Suite 9, 330 Churchill Avenue, Subiaco WA 6008 PO Box 866, Subiaco WA 6904 P + 61 8 6489 1600 F + 61 8 6489 1601 ABN 52 143 416 531

DELIVERY CAPABILITIES TO OVER 450 MILLION PEOPLE

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In Australia, the company has recently registered three national carriers that will provide broad delivery coverage across the country, adding to a further 25 companies that will serve to deliver wharf cartage, line haul and last mile delivery services. Approximately 5,182 registered vehicles and 103 warehouses will provide services to all Australian states.

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Suite 9, 330 Churchill Avenue, Subiaco WA 6008 � PO Box 866, Subiaco WA 6904 P + 61 8 6489 1600 � F + 61 8 6489 1601 � ABN 52 143 416 531

In South East Asia, Yojee has partners in six countries, including Singapore, Malaysia, Indonesia, Thailand, Philippines and Vietnam. This is supported by 10,340 vehicles and 126 transport hubs that provide long haul and last mile services, cross docking services, warehousing and inventory management, and time sensitive services.

In Vietnam, Yojee has partnered with industry leader AhaMove. Phuoc Tran, Co-Founder and Operations Manager of AhaMove, said: “AhaMove makes 4,000 deliveries a day but the challenge we face is serious local industry fragmentation and inefficiency, and working with traditional trucking companies who currently lack technology. Partnering with Yojee helps solve a number of problems and also generates cross-border commerce and domestic bulk movements between Vietnam’s main cities.

“Vietnam has around 700,000 trucks that are largely independently owned and around 70 per cent of these trips include an empty leg, so Yojee’s model is great for Vietnam and ecommerce last mile deliverers like AhaMove who are geared for high frequency, to the door deliveries”, said Mr Tran.

Yojee’s recent progress in extending its strategic network also includes the following notable providers:

• EHLeet Sdn. Bhd, offers comprehensive land transportation services across the Malaysian Peninsula with a focus in the state of Selangor. Ehleet’s 21 prime movers, 100 trailers and four side loaders along with being a 24 hour a day operations enable great flexibility and more ‘on demand’ capacity for Yojee customers. Ehleet also has three acres of container yard to accommodate 100 containers to support Yojee’s regional freight movement plan and participation in Malaysia’s US$64.7 billion dollar logistics market.

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Suite 9, 330 Churchill Avenue, Subiaco WA 6008 � PO Box 866, Subiaco WA 6904 P + 61 8 6489 1600 � F + 61 8 6489 1601 � ABN 52 143 416 531

• Malaysia-based TW Haulier Sdn. Bhd. provide standard and refrigated transportation

• services for its customers across Malaysia. TW Haulier is a great strategic partner for Yojee as it is very experienced in food transportation, and is already providing logistics services for one of the world's largest fast food companies. It provides a huge opportunity for inbound and out bound food movements from and to Malaysia where food imports equate to US$ 11.2 billion per year, and a further US$ 6.7 billion is processed for export.

• Joint Express Transport (JET) is a tech enabled company offering rapid

• transportation services and courier services across greater Jakarta, Indoesia. JET’s capabilities allow Yojee to offer express door-to-door deliveries of items of all sizes through JET’s 700-strong vehicle fleet of private vehicles, pickup trucks and box trucks. This strong capability puts Yojee in a leading position in Indonesia where the logistics market size is US$124 billion.

Development of the Yojee technology is progressing to plan, with pilot deliveries expected in the third and fourth quarter of the 2016 calendar year. Also expected in the fourth quarter of the 2016 calendar year are the launch of the vehicle based fleet management and optimisation software, and white label services. The official Collaborative Economy platform launch is expected in the first quarter of the 2017 calendar year

For further information, please contact:

Investors Media Ed Clarke Managing Georgie Morell Director M: +61 8 Media & Communications, Market Eye 6489 1600 E: M: +61 438 008 383 ed@yojee.com.au E: georgie.morell@marketeye.com.au

About Yojee Limited

Yojee Limited (ASX: YOJ) , a new, future ready platform technology company developing and launching powerful logistics and supply chain management capabilities via its’ world class blockchain secured software and expansive partner network to the South East Asian region. www.sendyojee.com

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Suite 9, 330 Churchill Avenue, Subiaco WA 6008 � PO Box 866, Subiaco WA 6904 P + 61 8 6489 1600 � F + 61 8 6489 1601 � ABN 52 143 416 531