Page 1

Takeaway Restaurants ' preferred software provider - Online Ordering , Payment and Marketing solutions Updated guidance 2021-2023 for OrderYOYO A / S Company Announcement No. 12-2021 OrderYOYO A / S Inside Information Copenhagen , November 4 , 2021 Updated guidance 2021 ● ● ORDER YOYO Full year net revenue growth 2021 vs 2020 expected to be between 40-47 % - to DKK 102.5-107.5m for full year 2021 December 2021 ARR of DKK 110-125m corresponding to a growth of 6-20 % vs. December 2020 . Compared to latest guidance of DKK 125-135m December 2021 GMV of DKK 1,100 – 1,400m compared to latest guidance of DKK 1,400 - 1,500m Full year EBITDA of around DKK 0 compared to latest guidance of DKK 5-10m Number of Restaurant Partners by end 2021 adjusted to 5,000 compared to latest guidance of 5,250 Guidance for 2022-2023 follows in table further below Current market development As stated in our half year report dated 25 August 2021 , OrderYOYO experienced an expected slowdown in the growth of online takeaway ordering following the reopening of societies post Covid in all markets . This trend has continued during the remaining part of Q3 and through October . A slowdown of online takeaway ordering post Covid was partly considered and included in our earlier full year guidance . The general slowdown in the online takeaway ordering has been further impacted by an extraordinary difficult situation for our Restaurant Partners in the UK . The current UK market is in general under severe pressure both in terms of lack of employees in critical parts of the economy as well as lack of supply of goods . This has led to a slower than expected growth in our Restaurant Partners in UK and consequently has sadly led to an increased close down of Restaurant Partners in the UK . The UK market has thus seen extraordinary close down of restaurants since the reopening . The extraordinary situation in the UK was not anticipated , which has led to an estimated 6 - month delay of the expected growth in the UK market . The Danish , Irish and German markets all perform according to plan . Despite the challenging market conditions in the UK , we continue to anticipate strong long term growth rates for the coming years . Strong product development significant contributor to future growth OrderYOYO has during the last year worked in several product development projects to support our Restaurant Partners in their continued effort to claim back their own customers . Two important projects stand out : OrderYOYO A / S | CVR : 36704608 www.orderyoyo.com