YOJEE LIMITED — Capital/Financing Update 2018

Nov 25, 2018

==> picture [477 x 83] intentionally omitted <==

26 November 2018

SALES & OPERATIONS UPDATE

==> picture [453 x 156] intentionally omitted <==

HIGHLIGHTS:

• Product maturity and technical advancements see strong momentum uplift in November proving the ability to handle any client of any size with rapid deployment.

• Further expansion of agreement with Aero Line which has gone live.

• Partnerships with an existing Australian National Leader hits second phase, along with new Logistics Companies being onboarded through Yojee’s partner model upgrades released on 16 November2018.

• Six new SME customers and a major upgraded agreement achieved thus far in November.

Yojee Limited ( Yojee or the Company ) (ASX: YOJ ), the technology company utilising artificial intelligence (AI) and blockchain technology to create a seamless regional collaborative freight network and best in class software as a service product for businesses of all sizes, is pleased to provide the following sales and operations update.

SALES UPDATE

The expansion of the arrangement with Aero Line Services Sdn Bhd ( Aero Line ) (refer to ASX announcement dated 14 November 2018) allows Yojee’s innovative software to handle applications within the finance logistics industry ( FinLogistics ), where specific requirements apply with regard to time windows and proof of delivery.

This project with Aero Line is now live with Yojee receiving a 10% surcharge fee on the freight and courier fees charged by Aero Line. Thus far in November 2018, the Company has successfully onboarded and executed six new SME customer agreements. Since a suite of new features were released on 16 November 2018, the Company has onboarded three SME customers in just 6 working days through its unique partner capabilities and business model.

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

==> picture [477 x 83] intentionally omitted <==

The first National Leader[1] in Australia utilising Yojee’s technology has now deployed Yojee’s partner model across partners in four states of Australia and this growth is expected to continue.

The Company has now been able to add healthy numbers to its partner model pipeline in addition to the large direct sales pipeline being built through its sales and marketing activities.

Yojee is also working to deploy new business units with Scharff in Peru and Bolivia as the business works through it's transformation program.

==> picture [198 x 153] intentionally omitted <==

SEND YOJEE FREIGHT NETWORK

Yojee has completed a number of delivery projects for major multinationals on commercial terms to handle the volume boom in the lead up to and during Singles’ Day – held annually in China on 11 November as a celebration of being single. The Company has received expressions of interest from the market to handle up to 500 jobs per day as an overflow service provider, a key and unique value add to the Company’s technology.

Both American and Chinese operators have been actively using the Company in this regard and the Yojee Network is in a good position to provide assistance during the upcoming Christmas Period.

PRODUCT UPDATE

The product has experienced some major upgrades to its Dispatcher System, Driver Mobile App and Partner Management capabilities including real time digital control towers, manifesting, reporting and proof of delivery capabilities to fast track payments and reduce administration across the network. Enhancements to its Ai platform are also being made to support even greater efficiency and scale.

1 National leader identified is Sinotrans Integrated Logistics Australia (SILA). SILA entered into a partnership with Yojee as announced on 23 January 2018.

-ENDS-

For Investor Enquiries, please contact:

investor@yojee.com

David Tasker/ Colin Jacoby Chapter One Advisors T: +61 433 112 936 E: dtasker@chapteroneadvisors.com.au / cjacoby@chapteroneadvisors.com.au

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

==> picture [477 x 83] intentionally omitted <==

About Yojee Limited (ASX: YOJ) , a new, future ready platform technology company developing powerful logistics and supply chain management capabilities via its world-class blockchain secured software and expansive partner network across South East Asia and Australia.

www.yojee.com

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