R8 Capital Inv Regulatory News (MODE)

Mode appoints new CTO to bolster leadership team

7 July 2022: Mode Global Holdings PLC (LSE: MODE), the LSE-listed Fintech Group, announces the appointment of Dr Jose Sanchez Loureda as Chief Technology Officer.

An experienced leader in technology, data analytics and digital transformation, Dr Sanchez Loureda joins the firm following his tenure at The Crown Estate. He will be responsible for helping Mode enhance its tech offering, notably driving product innovation, and understanding customer and merchant needs via data-driven insights.

Dr Sanchez Loureda's experience includes senior leadership roles across industries spanning media, travel, telco and energy, following his earlier academic career in theoretical physics.

He brings a successful track record in scaling teams and delivering award-winning software products and services, with a particular focus on customer experience using cloud, emerging technologies, a coherent data strategy and intelligent use of advanced analytics. He holds several patents and is experienced in developing intellectual property portfolios within a corporate environment.

Rita Liu, Mode CEO comments: "Jose's appointment is another pivotal moment for Mode this year and further strengthens our senior leadership team as we look to build on 2021's success. He is a leading expert in his field with a wealth of experience both commercially and academically. I am confident Jose's appointment will help turbo-charge our development and enable more intuitive interactions with businesses and consumers alike, while providing us with better data-driven insights. The calibre of Jose's hire demonstrates that Mode is on the up and we look forward to working closely with him."

Dr Jose Sanchez Loureda, Mode CTO comments: "Mode is unique thanks to its proposition, FCA registration, and how it interacts with both businesses and consumers. Its expertise in the crypto space, product offering and innovative mindset is really exciting, and I look forward to playing my part in achieving our business ambitions. It's an exciting time in terms of company growth, so I'm delighted to join the team and get going."

-ENDS-

Press contacts:

Fiona McAra, MRM

+44 (0)7471 350286

mode@mrm-london.com

Julie Sand, Mode Global Holdings PLC

+44 (20) 3773 0588

julie.sand@modeapp.com

Notes to Editors

About Mode:

Mode is an LSE-listed fintech company on a mission to build the world's most disruptive ecosystem where exchanging value and growing wealth is seamless for all. Mode is leveraging the power of Bitcoin and Open Banking to deliver on this mission and offer customers in the UK a one-stop app to shop, earn and grow their Bitcoin, all in one place. For businesses, Mode provides a cheaper, safer and smarter alternative to card payments that rewards shoppers with Bitcoin Cashback.

To learn more, visit our customer/business site at www.modeapp.com or our investor site at www.modeplc.com.