Capital Change Notice - ESS, Director Fees, RSU conversion

Capital Change Notice


Section 1: Issuer information
Name of issuer PaySauce Limited
NZX ticker code PYS
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) N/A
Currency NZD
Section 2: Capital change details
Number issued 472,854
Nominal value (if any) N/A
Issue/acquisition/redemption price per security
1. and 2. $0.2701 per share
(being the Average Market
Price of a PYS share at the
date of allotment)
3. 0.2576 per share (being the
price of the Restricted Share
Units when issued)
Nature of the payment (for example, cash or other
consideration)
1. For 337,453 shares, cash.
2. For 41,651 shares, N/A.
3. For 93,750 shares, N/A
Amount paid up (if not in full) Fully Paid
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the number of
Financial Products of the Class, excluding any Treasury Stock,
in existence)
0.30% of all ordinary shares
on issue in PYS
For an issue of Convertible Financial Products or Options, the
principal terms of Conversion (for example the Conversion
price and Conversion date and the ranking of the Financial
Product in relation to other Classes of Financial Product) or
the Option (for example, the exercise price and exercise date)

Reason for issue/acquisition/redemption and specific authority
for issue/acquisition/redemption/ (the reason for change must
be identified here)
1. 337,453 shares are issued
to employees as part of the
Quarterly Employee Share
Scheme, being issued to
staff for performance in Q3
of FY26.
2. 41,651 shares are issued to
Mark Samlal in lieu of
Directors Fees for the
quarter ended 31 Dec
2025.

3. 93,750 shares are issued to
Chris Ridd on vesting of the
same number of RSUs at a
price of $0.2576. The RSUs
vested on 31 Dec 2025,
being in lieu of 2 months of
services
Total number of Financial Products of the Class after the
issue/acquisition/redemption/Conversion (excluding Treasury
Stock) and the total number of Financial Products of the Class
held as Treasury Stock after the issue/acquisition/redemption.
158,464,616
In the case of an acquisition of shares, whether those shares
are to be held as treasury stock
N/A
Specific authority for the issue, acquisition, or redemption,
including a reference to the rule pursuant to which the issue,
acquisition, or redemption is made
Listing Rules 4.6 and 4.7 and
Board Resolutions.
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The new shares will rank
equally with all other fully paid
ordinary shares on issue.
Date of issue/acquisition/redemption 20 Jan 2026
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement Jaime Monaghan
Contact person for this announcement Jaime Monaghan
Contact phone number +64 22 5246 366
Contact email address jaime@paysauce.com
Date of release through MAP
20 Jan 2026