STEP 1
Make sure you have at least v2.0 installed on your Joomla! website.
STEP 2
Download the latest zip package of K2.
STEP 3
In your Joomla! website backend, navigate to Extensions >> Install/Uninstall and choose to upload and install the zip file you just downloaded from the K2 website.
STEP 4
That's it! You've been upgraded to the latest release :)