Capital Change Notice - Unpaid Ordinary Shares

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 (unpaid and only quoted
upon being paid up)
ISIN (If unknown, check on NZX website) NZMADE0001S4
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 1,250,000 unpaid ordinary shares
(Shares)
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $0.2580 being the Average Market Price
immediately preceding the date of issue.
Nature of the payment (for example, cash or other
consideration)
Cash payments to be paid when calls on
the unpaid shares occur.
Amount paid up (if not in full) Nil
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

0.761%
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)
As partial consideration for services being
provided to PYS and authorised by
resolution of PYS board of directors dated
on or about the date of this notice.
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.
Fully paid ordinary shares on issue in
PYS: 164,245,994

Unpaid ordinary shares in PYS: 2,171,942
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
NZX Listing Rule 4.6.1

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

pursuant to which the issue, acquisition, or
redemption is made
Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
The Shares will be paid up in three
tranches over three years, as follows:
● in respect of 416,666 Shares, no
earlier than 1 July 2026;
● in respect of 416,666 Shares, no
earlier than 1 July 2027; and
● in respect of 416,668 Shares, no
earlier than 1 July 2028.
Once fully paid, the Shares will rank
equally with all other ordinary shares on
issue in PYS.
Date of issue/acquisition/redemption
2
31/03/2026
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 5246366
Contact email address jaime@paysauce.com
Date of release through MAP 31/03/2026




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).