YOJEE LIMITED — Capital/Financing Update 2017

Jul 2, 2017

3 July 2017

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YOJEE NETWORK RACES PAST 20,000KG OF PARCEL MOVEMENT

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HIGHLIGHTS

• Yojee has moved over 20,000kg of parcel freight in its first 6 months.

• 133% increase in parcel volume in the June Quarter when compared to the March Quarter.

• Enhanced technology, express delivery and strong support from delivery partners fuelling organic growth.

• Positive adoption of Yojee Network bodes well for rapidly scalable regional objectives as well as software sales where carriers enjoy the ‘bonus’ of additional delivery work from the Yojee Network pushed through to software.

BACKGROUND

Yojee Limited ( Yojee or the Company ) ( ASX : YOJ ) continues to introduce new and innovative ways of communication and collaboration across the entire logistics supply chain. Yojee best-in-class logistics software utilises Blockchain Technology, Artificial Intelligence ( AI ) and Machine Learning to optimise and manage fleets. The Yojee Software Platform ( Yojee Software ) is open to any business at an affordable rate

Suite 9, 330 Churchill Avenue, Subiaco WA 6008 Ι PO Box 866, Subiaco WA 6904

P + 61 8 6489 1600 Ι F + 61 8 6489 1601 Ι ABN 52 143 416 531

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on a monthly recurring license fee model. Businesses are able to implement, configure and customise the Yojee Software in order to meet the demands of their respective business model.

In addition to the Yojee Software, the Company offers both carriers and senders an opportunity to join the World’s first collaborative cross border logistics Yojee Network. This seamlessly connects shippers, carriers and freight forwarders in seconds, with already tens of thousands of kilograms of freight moving through the Yojee Network.

Following on from the 4th May 2017 announcement titled, ‘Yojee Network Experiencing Widespread Adoption’, the Company is pleased to advise that it has surpassed 20,000kg of parcel freight movements. This represents a significant milestone since commencing operations within the last six months along with new customers coming on board daily. The six months operational activities include a combination of beta testing, pilot programs and commencement of full operations in recent months.

The rapid adoption is an extremely positive sign and is a great early stage result before Yojee offers live Application Programming Interface ( API ) based connections to corporate senders and large-scale e- commerce companies. The API enables an automatic and real-time push of jobs from websites or technology platforms, essentially allowing Yojee to offer high volume express delivery to its customers.

Customers are enjoying real-time notifications via SMS, Yojee App and web based status updates on jobs. Yojee Software offers instant invoicing and digital payment options along with various delivery types from three-hour to next-day, at competitive price points.

Yojee anticipates continuing its growth trajectory throughout the year with larger companies joining the network and the commencement of deliveries in new international jurisdictions.

For further information, please contact: Ed Clarke Managing Director Ph: +61 8 6489 1600 E: ed@yojee.com

About Yojee Limited (ASX: YOJ) , aims to revolutionise the global logistics industry by providing state-ofthe-art technology which empowers shippers and carriers to work together across the entire supply chain. Yojee is a pioneering platform technology Company, delivering powerful logistics and supply-chain management capabilities via its Blockchain and Artificial Intelligence (AI) software to South East Asia and Australia.

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

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FORWARD LOOKING STATEMENTS

Certain statements contained in this asx release, including information as to the future financial or operating performance of the Company and its projects, are forward looking statements. Such forward looking statements:

(a) are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies;

(b) involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward looking statements; and

(c) may include, among other things, statements regarding estimates and assumptions in respect of prices, costs, results and capital expenditure, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions. The Company disclaims any intent or obligation to publicly update any forward looking statements, whether as a result of new information, future events or results or otherwise.

The words “believe”, “expect”, ”contracted”, “anticipate”, “indicate”, “contemplate”, “target”, “plan”, “intends”, “continue”, “budget”, “estimate”, “may”, “will”, “schedule”, “planned” and similar expressions identify forward looking statements. All forward looking statements contained in this asx release are qualified by the foregoing cautionary statements. Recipients are cautioned that forward looking statements are not guarantees of future performance and accordingly recipients are cautioned not to put undue reliance on forward looking statements due to the inherent uncertainty therein.

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