PaySauce undertakes Minimum Holding buyback

PaySauce undertakes Minimum Holding buyback
Lower Hutt, New Zealand – 16 March 2026
Please see attached a Capital Change Notice detailing PaySauce Limited’s
(PaySauce) acquisition of its ordinary shares (Shares) pursuant to the minimum
holding notice released to the market on 15 December 2025 (Buyback). The shares
acquired under the Buyback have been cancelled.

On 15 December 2025, PaySauce notified shareholders that it had established a
minimum holding level of 1,786 shares (Minimum Holding). PaySauce offered all
shareholders a brokerage free opportunity to subscribe for shares through an SPP
during December 2025 and January 2026. Shareholders were also advised that
they could acquire shares on-market, or transfer their holding to a trading
platform, such as Sharesies, if they wished to avoid the Buyback.

Shareholdings below a Minimum Holding (Buyback Shares) were acquired at the
Average Market Price of $0.2458 per share. PaySauce will deduct its reasonable
expenses from the proceeds of sale and pay the net proceeds to holders of the
Buyback Shares. PaySauce expects the payment to occur on Thursday 19 March
2026 (to the extent bank account records for those shareholders are held by
PaySauce’s share registry).

Released for and on behalf of PaySauce by PaySauce CFO Jaime Monaghan

ENDS

PaySauce is a SaaS fintech platform delivering digital payroll solutions across 14
jurisdictions in Asia-Pacific. 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
Investors Media
Asantha Wijeyeratne Richard Inder
CEO PaySauce The Project
+64 21 554 600 +64 21 645 643

Please direct any investment queries to investor@paysauce.com

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Capital Change Notice

Updated as at February 2025


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) NZMADE0001S4
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 174,459
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $ 0.2458
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) N/A
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)
1

0.11%
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)
N/A
Reason for issue/acquisition/redemption and
specific authority for issue/acquisition/redemption/
(the reason for change must be identified here)
Acquisition of all shareholdings below a
Minimum Holding for the reasons set out
in the Minimum Holdings Notice released
to the market on 15 December 2025.
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.
164,245,994
In the case of an acquisition of shares, whether
those shares are to be held as treasury stock
No. All Shares acquired have been
cancelled.
Specific authority for the issue, acquisition, or
redemption, including a reference to the rule
pursuant to which the issue, acquisition, or
redemption is made
Resolution of the PYS Board dated ●
March 2026. Listing Rule 4.14.1(d)(iii) and
section 60(1)(b)(ii) of the Companies Act
1993.

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
N/A
Date of issue/acquisition/redemption
2
16/03/2026
Section 4: 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

17/03/2026




2
Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant
issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).