Wag Payment Regulatory News (WPS)

WAG Payment Solutions Plc (the "Company" or "Eurowag")

Board changes

With the Board's focus on supporting the development of the integrated technology platform, the Company is delighted to announce the appointments of Kevin Li Ying and Sophie Krishnan as non executive directors to the Board with effect from 1 March 2024.

Both Kevin and Sophie will join the Audit & Risk Committee and the Remuneration Committee.

Kevin has over 20 years' experience in technology, most recently as Chief Technology Officer with Future Plc where he has helped transform the business from a traditional print publisher to a global online media platform. Over his career, Kevin has developed a strong understanding of the commercial levers and technology architecture that drive value. Kevin also serves as Executive Director and Board Member of GoCompare.com Ltd, the price comparison website for financials and non-financials products.

Sophie is an accomplished leader in both business to consumer and business to business digital organisations which have had considerable success in growing revenue and profits. She is currently the CEO of Lokalise Inc and was a director of NYSE listed Avanti Acquisition Corp from October 2020 to October 2022. She has served as CEO at CarNext, as Chief Operating Officer at Zepz (formerly WorldRemit Ltd) and has been a senior executive at Trainline Ltd and Expedia Inc. She has significant experience in leading technological change, growth and delivery in technology led businesses.

Commenting on the appointments, the Company's Chairman, Paul Manduca, said:

"Kevin brings an in depth understanding of technology and the challenges of scaling technological assets to support growth. Sophie has demonstrable skills in the use of digital platforms to enhance customer engagement and build market share. I am delighted that they are both joining the Board."

The Directors have determined that both Kevin and Sophie are independent and, in making that determination, the Directors have concluded that there are no other relationships or circumstances which are likely to affect either new appointees' judgement and that any relationships or circumstances which could appear to do so were not considered to be material. In accordance with Listing Rule 9.6.15, the Company confirms that there are no further details to be disclosed pursuant to Listing Rule 9.6.13.

The Company further announces that that Susan Hooper will not seek re-election to the Board at the Company's Annual General Meeting ('AGM') on 16 May 2024 and will formally retire from the Board at the conclusion of the AGM.

The Chairman, Paul Manduca, said:

"On behalf of the Board, I would like to thank Susan for her commitment and contribution to the Board and its Committees since our IPO. She has provided excellent guidance and counsel to the Board and the Audit and Risk and Remuneration Committees and in particular, as our Board representative for ESG matters, has been instrumental in the development of our sustainability strategy and its integration into the Group."

For the purposes of section 430(2B) of the Companies Act 2006, Susan will receive her pro rata entitlement to non-executive Director fees for the month of May 2023 and is not entitled to any payments for loss of office.

ENQUIRIES

EurowagCarla Bloom

Head of Investor Relations and Communications

+44 (0) 789 109 4542

investors@eurowag.com

Instinctif Partners

Bryn Woodward

IR and international media

+44 (0)20 7457 2020

eurowag@instinctif.com

About Eurowag

Eurowag was founded in 1995 and is a leading pan-European integrated payments and mobility platform focused on the Commercial Road Transportation industry("CRT"). Eurowag's innovative solutions makes life simpler for small and medium businesses in the CRT industry across Europe through its unique combination of payments solutions, seamless technology, a data-driven digital ecosystem and high-quality customer service. https://investors.eurowag.com