Ann: Change in substantial holding for YOW, page-3

While over at YOW in the quarterly . Yep it was YOW who lend $ unsecured !? Doing takeover to get access ? wow

_________________________________________________________________________________________________________ 26 May 2025March 2025 Quarterly Activities ReportYowie Group Limited (ASX: YOW) (the “Group” or “Yowie”) Yowie, a leading novelty confectionary brand is pleased toprovide this Quarterly Activities Report based on unaudited results and Q3 FY25 Appendix 4Call numbers are stated in United States Dollar, unless otherwise stated)


• Yowie has delivered a successful turnaround in its seasonal sales performance, shifting from a prior-year loss to aquarterly after tax profit. While seasonal revenues in previous years (Christmas and Easter) were higher, theCompany was losing money on every sale. In contrast, Q3 FY25 reflects targeted, strategic decision-making in costcontrol, product improvement, and disciplined sell-in—leading to positive seasonal returns for the first time in theCompany’s seasonal sales history.

• It is important to highlight that while we have materially reduced costs and made strategic improvements across thebusiness, Yowie is currently starved of working capital as a result of the default by Keybridge Capital Limited (ASX:KBC) (Keybridge) of its at-call loan. Yowie urgently requires capital to fund the NBA launch and the next phase ofErnest Hillier’s seasonal sales. Despite positive momentum, ongoing media attention surrounding the debt owed byKeybridge has limited the Company’s ability to access alternative working capital facilities. Yowie is vigorouslypursuing this debt recovery and notes that it has announced an intention to make an all-scrip takeover offer forKeybridge to seek control of Keybridge’s operations