PaySauce Director resigns for US-based role with NZTE

PaySauce Director resigns for US-based role with
NZTE

Lower Hutt, New Zealand - 25 June 2025

Software as a Service Fintech PaySauce (NZX: PYS) today announces that
independent director, Mike (MOD) O'Donnell has provided notice of his intention
to resign from the board.

MOD has been a director of PaySauce for the last five years and is currently in his
second term. MOD has tabled his resignation to allow him to take up a role as
Regional Trade Director for NZ Trade & Enterprise based in Los Angeles. This will
see him lead NZTE’s largest trade team with offices across the USA and Canada.
Consistent with his contract MOD will work out a 6 week notice period at
PaySauce, with his last day being Friday 8 August 2025.

Chair Shelley Ruha said: “We thank MOD for his good work on the board and wish
him well in his new role. In the meantime, we will review the balance of
independence, skills, knowledge, experience and perspectives among the
remaining Directors and provide an update on the Board composition at the
Annual Shareholders Meeting in September”

Released for and on behalf of PaySauce by Jaime Monaghan, Chief Financial
Officer.

ENDS

ABOUT PAYSAUCE
PaySauce is a SaaS fintech platform providing solutions for people at work in 14
jurisdictions across the Asia-Pacific region. The technology enables small
employers to digitally onboard, pay and manage employees from any device. The
platform includes rosters, mobile timesheets, payroll calculations, banking
integration, automated payments, PAYE filing, labour costing, and automated
general ledger entries. The PayNow feature enables customers’ employees to
access the pay they’ve earned before payday, providing a free alternative to payday
lenders. www.paysauce.com

CONTACT
Asantha Wijeyeratne
CEO PaySauce
+64 21 554 600
Please direct any investment queries to investor@paysauce.com