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SPH Notice – Asantha Wijeyeratne

Substantial Holder Notice1 December 2021PYSInformation Technology

Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both

Sections 277 and 278, Financial Markets Conduct Act 2013

ToNZX Limited

and

ToPaySauce Limited

Relevant event being disclosed:Movement of 1% ormore in substantial holding

Date of relevant event:1 December 2021

Date this disclosure made:1 December 2021

Date last disclosure made:16 July 2020

Substantial product holder(s) giving disclosure

Full name(s):Upakara Family Trust, Wijeyeratne &Co Limited, Cloud

Investments Limited and Asantha Wijeyeratne

Summary of substantial holding

Class of quoted voting products:Ordinary shares

Summary for:Upakara Family Trust, Wijeyeratne &Co Limited, Cloud

Investments Limited and Asantha Wijeyeratne

Forthisdisclosure,—

(a)total number held in class:39,548,461

(b)total in class:138,442,442

(c)total percentage held in class:28.566%

Forlastdisclosure,—

(a)total number held in class:40,583,461

(b)total in class:136,418,603

(c)total percentage held in class: 29.749%

Details of transactions and events giving rise to relevant event

Details of the transactions or

other events requiring disclosure:On 29 November2021 Cloud Investments Limited sold 368,333

ordinary shares in an off-market transfer to Cleary Wealth

Management Limited for consideration of $0.30 per share.

On 1 December 2021 Cloud Investments Limited sold 666,667
ordinary shares in an off-market transfer to Coulthard Barnes

(Paysauce) Limited for consideration of $0.30 per share.

Details after relevant event

Details for:Upakara Family Trust

Nature of relevant interest(s):Wijeyeratne & CoLimited and Cloud Investments Limited own

ordinary shares in PaySauce Limited. The ordinary shares of

Wijeyeratne & Co Limited and Cloud Investments Limited form

part of the property held by the trustee of the Upakara Family

Trust.

For that relevant interest,—

(a)number held in class:39,548,461

(b)percentage held in class:28.566%

(c)current registered holder(s):Wijeyeratne & Co Limited and Cloud Investments

Limited

(d)registered holder(s) once

transfers are registered:N/A

Details for:Wijeyeratne & Co Limited

Nature of relevant interest(s):registered holder

For that relevant interest,—

(a)number held in class:27,750,433

(b)percentage held in class:20.044%

(c)current registered holder(s):Wijeyeratne & Co Limited

(d)registered holder(s) once

transfers are registered:N/A

Details for:Cloud Investments Limited

Nature of relevant interest(s):registered holder

For that relevant interest,—

(a)number held in class:11,798,028

(b)percentage held in class:8.521%

(c)current registered holder(s):Cloud Investments Limited

(d)registered holder(s) once
transfers are registered:Adminis Custodial Nominees Limited (368,333 shares);

Coulthard Barnes (Paysauce) Limited (666,667 shares).

Additional information

Address(es) of substantial

product holder(s):71c Korokoro Road, Korokoro, LowerHutt 5012, New Zealand

Contact details:asantha@paysauce.com, 021 554 600

Nature of connection between

substantial product holders:Asantha Wijeyeratneis a director of Wijeyeratne & Co Limited

and Cloud Investments Limited. Upakara Family Trust is the sole

shareholder of Wijeyeratne & Co Limited and Cloud Investments

Limited. Asantha Wijeyeratne is a settlor and beneficiary of

Upakara Family Trust.

Name of any other person believed to have given, or believed to be required to give, a disclosure

under the Financial Markets Conduct Act 2013 in relation to the financial products to which this

disclosure relates:None

Disclosure has effect for purposes of directors’ and senior managers’ disclosure

Asantha Wijeyeratneis also adirectorofPaySauceLimited. This disclosure also constitutes

disclosure for the purposes of the directors’ and senior managers’ disclosure obligations.

Certification

I,Asantha Wijeyeratne, certify that, to the bestof my knowledge and belief, the information

contained in this disclosure is correct and that I am duly authorised to make this disclosure by all

persons for whom it is made.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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