Quarterly Activities/Appendix 4C Cash Flow Report

• Successful reinstatement to ASX quotation
• Completed $3.4 million capital raise
• Continued advancement of Klevo Rewards platform and wallet infrastructure

Klevo Rewards Limited ('Klevo' or 'the Company') has provided shareholders with an overview of its operational and corporate activities for the quarter ended 31 December 2025. Key highlights include: Successful Reinstatement to ASX Quotation - On 12 December 2025, Klevo achieved reinstatement to official quotation on the Australian Securities Exchange, marking a significant inflection point for the Company. Capital Strengthening - The Company completed a capital raise of $3.4 million during the quarter, strengthening its working capital position and enabling finalisation of reinstatement requirements. Platform and Wallet Infrastructure Advancement - Klevo continued to progress the enhancement of its proprietary Klevo Rewards platform, KLV Coins and Klevo Pay digital wallet infrastructure, focused on expanding wallet functionality, improving member engagement tools, and strengthening compliance and transaction processing frameworks. The Company's strategic focus remains on building a unique and scalable loyalty and rewards network that benefits both members and merchants. With reinstatement complete, Klevo's immediate priorities include accelerating commercial deployment, expanding merchant and member participation, driving transaction volumes, and pursuing strategic partnerships.

Between September 2024 to December 2025, quarterly receipts from customers grew from $209k to $3.84 million, and cash and cash equivalents at the end of the quarter grew from -$63k to $3.875 million.

Klevo remains focused on delivering a next-generation rewards and payments ecosystem that provides tangible value to members, merchants and shareholders. With an improved liquidity position and reduced balance sheet risk, the Company is well-positioned to execute on its operational priorities in 2026.