K2fly : Correction to Appendix 3Y

1. The 13 July 2022 Appendix 3Y is being filed to correct an administrative oversight and administrative error;

2. The Company has informed all Directors of the disclosure requirements set out in listing rules 3.19A, 3.19B and s205G of the Corporations Act 2001. In addition, the Company has adopted a Securities Trading Policy which has been disclosed to the market and outlines the requirements for disclosure and approval of all securities trading; and

3. The Company is confident that the arrangements it currently has in place are adequate and doesn't believe that any additional steps are required to ensure ongoing compliance with listing rule 3.19B.

Correction to Appendix 3Y

ASX Release

ASX code: K2F13 July 2022

onlyK2fly Limited (K2F, K2fly or the Company) (ASX: K2F), refers to the Appendix 3Y for Brian Miller released to the market on 5 July 2022 (5 July 2022 Appendix 3Y).

The previously lodged 5 July 2022 Appendix 3Y inadvertently included a calculation error in relation to the number of shares held indirectly by Mr Miller after the change. The Company confirms that

the number of shares held indirectly after the change is 371,229, and not 208,459 as previously user ported.

The Company also refers to the Appendix 3Y for Brian Miller released to the market on 3 September 2021 (3 September 2021 Appendix 3Y).

An inadvertent error was made when providing information to the Company relating to the acquisition of shares on market. The number of shares purchased on the 3 September 2021 was 104,000, and not 102,000 as previously reported. The difference of 2,000 shares were acquired on 3

September 2021 by an on-market transaction for $0.265 per share.

personalThe above discrepancies were discovered during the preparation phase of the 2022 Annual Report. An updated Appendix 3Y is attached to this announcement which reflects Brian Millers current

i terest (13 July 2022 Appendix 3Y). The 13 July 2022 Appendix 3Y includes the restated opening umber of shares held indirectly by Mr Miller as being 371,229 in respect to the 5 July 2022 Appendix 3Y and incorporates the additional purchase of shares omitted from the 3 September 2021

Appendix 3Y.

The Company advises that it is aware of its listing rule obligations in relation to these disclosures and pecifically listing rules 3.19A and 3.19B. In this respect the Company makes the following statements about the attached Appendix 3Y:

ForAnnouncement released with authority of Brian Miller. or further information, please contact:

Nic Pollock, Chief Executive Officer, K2fly Limited. T: [phone]. E: [e-mail]

Glen Zurcher, Investor Relations. T: [phone]. E: [e-mail]

More on K2fly:Website|Investor centre|Subscribe to investor updates

K2fly Limited ACN 125 345 502

www.k2fly.com|[e-mail]

[phone]

4/502 Hay Street Subiaco WA 6006

Heritage ManagementLand AccessGround DisturbanceTailings ManagementMine Rehabilitation

Resource ReportingModel Manager

Ore BlockerMine Geology

Solution

Infoscope

Infoscope

Infoscope

Decipher

Decipher

RCubed RCubed, Sateva

Sateva

Sateva

Related Acquisition

companies such as Esri (USA), SAP

About K2fly

K2fly Limited (ASX: K2F) is an ASX listed technology provider of enterprise-level Resource Governance solutions for 'net positive impact' in Environmental, Social and Governance (ESG) compliance, disclosure and onlytechnical assurance, to operations of mining and asset intensive industries through its platform-based SaaS

cloud solutions.

Our solutions address many industry challenges and help manage risk around clients' social license to operate concerning reporting & governance, reputation and disclosure demands.

Product & service offering: We deliver a suite of solutions across three key areas on a single platform:

• Natural Resource Governance

• Mineral Resource Governance

• Technical Assurance

useCustomers: Spanning all continents, our customer base includes Australian and overseas tier-1 clients operating in 54 countries.

Strategy: Through acquisition, development, and partnerships, K2fly have assembled a unique platform that generates high margin SaaS recurring revenues, being rolled out globally. Our strategy is to 'land and expand' o r offering with clients over time whereby additional solutions are rolled out to support central operational management and efficiency gains.

K2fly works closely with peak industry bodies, regulators, and our own industry advisory groups on ESG topics

that are driven by rapidly changing regulations, community, and investor expectations to build fit for purpose personalindustry solutions that adhere to recognised codes and standards.

Strategic alliances: K2fly has strategic alliances with global technology (Germany), Hitachi-ABB (Japan), Descartes Labs (USA).

Platform overview

Area

Natural Resource Governance

Mineral Resource Governance

T chnical Assurance

For

K2fly Limited ACN 125 345 502

www.k2fly.com|[e-mail]

[phone]

4/502 Hay Street Subiaco WA 6006

For personal use only

Appendix 3Y

Change of Director's Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	K2fly Limited
ABN	69 125 345 502

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Mr Brian Peter Miller
Date of last notice	5 July 2022

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Direct and Indirect
Nature of indirect interest	Dr Roslyn Jane Carbon (spouse of Mr Brian Miller)
(including registered holder)
Note: Provide details of the circumstances giving rise to the
relevant interest.
Date of change	3 September 2021

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

	No. of securities held prior to change	Direct:
		2,776,141 Fully Paid Ordinary Shares
only		Indirect:
	371,229 Fully Paid Ordinary Shares
	639,019 Unlisted Options exercisable at $0.243 each
	on or before 26 November 2022 (subject to vesting
	conditions)
	683,280 Unlisted Options exercisable at $0.291 each
	on or before 25 November 2023 (subject to vesting
	conditions)
	81,385 Unlisted Options exercisable at $0 each on or
use		before 27 November 2022 (subject to vesting
	conditions)
		258,953 Unlisted Options exercisable at $0.497 each
		on or before 27 November 2024 (subject to vesting
		conditions)
		67,000 Unlisted Options exercisable at $0 each on or
		before 30 June 2025 (subject to vesting conditions)
		67,000 Unlisted Options exercisable at $0 each on or
personalFor		before 30 June 2026 (subject to vesting conditions)
	201,000 Unlisted Options exercisable at $0 each on
	or before 30 June 2027 (subject to vesting
		conditions)
	Class	Fully paid ordinary shares
	Number acquired	2,000
	Number disposed	Nil
	Value/Consideration	$0.265 per share
	Note: If consideration is non-cash, provide details and
	estimated valuation

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

For personal use only

		Appendix 3Y
		Change of Director's Interest Notice
	No. of securities held after change	Direct:
		2,778,141 Fully Paid Ordinary Shares
		Indirect:
		371,229 Fully Paid Ordinary Shares
		639,019 Unlisted Options exercisable at $0.243 each
		on or before 26 November 2022 (subject to vesting
		conditions)
		683,280 Unlisted Options exercisable at $0.291 each
		on or before 25 November 2023 (subject to vesting
		conditions)
		258,953 Unlisted Options exercisable at $0.497 each
		on or before 27 November 2024 (subject to vesting
		conditions)
		67,000 Unlisted Options exercisable at $0 each on or
		before 30 June 2025 (subject to vesting conditions)
		67,000 Unlisted Options exercisable at $0 each on or
		before 30 June 2026 (subject to vesting conditions)
		201,000 Unlisted Options exercisable at $0 each on
		or before 30 June 2027 (subject to vesting
		conditions)
	Nature of change	Purchase of shares on market
	Example: on-market trade, off-market trade, exercise of
	options, issue of securities under dividend reinvestment
	plan, participation in buy-back

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a
contract in relation to which the
interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A

Note: If consideration is non-cash, provide details and an estimated valuation

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3