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YOJEE LIMITED Capital/Financing Update 2018

Jun 3, 2018

66110_rns_2018-06-03_e0c59fd4-405e-4d15-b70f-4af9cdcdb16e.pdf

Capital/Financing Update

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4 June 2018

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Yojee signs Innovation Framework Agreement with UPS

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HIGHLIGHTS

  • Yojee and UPS have entered into a 12 month Innovation Framework Agreement to further explore the development of and/or improvement to services and products for the UPS operating environment.

  • Broad Innovation Framework Agreement was borne out of a successful recent blockchain pilot collaboration.

  • Agreement provides framework to collaborate on further pilot projects and possibly long term solutions.

Yojee Limited ( Yojee or the Company ) (ASX: YOJ ) has entered into an Innovation Framework Agreement ( Agreement ) (via its wholly owned subsidiary, Yojee Solutions Pte Ltd) with UPS Asia Group Pte Ltd ( UPS ) (a subsidiary of United Parcel Service, Inc.) to provide a framework to facilitate an ongoing technology collaboration.

The Agreement is for a term of 12 months and fees may be derived by Yojee on any collaborations between Yojee and UPS. Under the Agreement, specific projects may be identified and project terms, such as activities, timing, locations, and project costs, are to be separately agreed between Yojee and UPS on a project by project basis.

Following on from Yojee’s recent successful blockchain pilot collaboration, Yojee and UPS agreed to enter into the Agreement to facilitate a broader and longer term collaboration. The intention of this overarching agreement is to enable both parties to more efficiently work together to develop, or improve, services and products for the UPS operating environment, and identify further opportunities to collaborate in areas spanning technology, software, payments and blockchain.

Mr Ed Clarke, Managing Director of Yojee said, “We are excited to extend and broaden our working relationship with UPS, the world’s largest package delivery company, through this overarching innovation partnership which will span technology, software, payments and blockchain. Following on from our successful blockchain pilot, this provides further industry validation and endorsement for Yojee’s market leading capabilities.”

For Investor Enquiries, please contact:

[email protected]

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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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

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FORWARD LOOKING STATEMENT AND DISCLAIMER

Please note that images used in the Company's ASX announcements are to illustrate concepts only and are not intended to represent commercial Yojee images.

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