Ann: Bid not proceeding, page-2

Yowie Group Limited will not proceed with despatch of Offers and Bidder’sStatementYowie Group Limited ACN 084 370 669 (ASX:YOW)

(Yowie) refers to the announcement madeon 9 May 2025 in relation to its intention to make an off-market takeover bid (Bid) under Part6.5 of the Corporations Act 2001 (Cth) (Corporations Act) for all the ordinary shares inKeybridge Capital Limited ACN 088 267 190 (ASX:KBC) (Keybridge) and the announcementmade on 13 June 2025 noting that a Bidder’s Statement in relation to the Bid had beenlodged with the Australian Securities & Investments Commission (ASIC).

Any capitalised butundefined terms used in this letter have the meaning given to them in the Bidder’s Statement.Yowie notes that, following the outcome of the extraordinary general meeting held on 27June 2025, the “no change to Yowie Board composition” condition to the Bid has beentriggered. After considering all aspects of the Bid and the Bidders Statement, it is not inYowie’s interest to proceed with the Bid.Accordingly, Yowie does not intend to proceed with the despatch of the Bidder’s Statement,as to do so would be futile, including because the Bid would close with a defeating conditionbreached.

This announcement has been authorised for release by Antony Catalano and SuliemanRavell, directors of Yowie