RS2 Software Plc

Board/Management Information • Sep 19, 2018

RS2 Software p.l.c.

COMPANY ANNOUNCEMENT

The following is a company announcement issued by RS2 Software p.l.c. pursuant to the Malta Financial Services Authority Listing Rules.

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The Company would like to announce the formation of its North American Board (RS2 Software Inc.) with eight key appointments as from the 12th September 2018: Osama Bedier, OB Rawls, Souheil Badran, Kai Schmitz, Daniela Mielke, Radi El Haj, Mario Schembri and John Elkins who will serve as Chairman.

Osama Bedier is the founder and Chief Executive Officer of Poynt, which develops and markets credit card processing terminals for small businesses. Mr. Bedier also serves on the Boards of QIWI, VEON and PayRange. Before founding Poynt, Mr. Bedier served as the Vice President of Payments at Google, where he created Google Wallet. He also ran product and engineering at PayPal. 4151 Middlefield Road, Palo Alto, California 94303 USA.

O'Bealie Rawls is the Strategic Advisor to the CEO of Paysafe. Prior to this role, O.B. was the CEO and President of iPayment and served as the Senior Vice President and General Manager, Partner Solutions, First Data. His expansive career also includes executive leadership roles with Hypercom, Caredata, Unified Merchant Services and Bank of America. Mr. Rawls also serves on the boards of Appetizer. O'Bealie Rawls currently resides at 11 80 St. Claire Road, Leasbuag A1 35983 Missouri USA

Souheil Badran Souheil Badran served as President of Alipay, Americas and was responsible for driving the expansion of Alipay, one of the world's leading digital payment and lifestyle platforms. Prior to his executive leadership role with Alipay, Souheil served as President and CEO of Edo Interactive. His career also includes executive roles at Digital River, First Data Corporation, and VeriSign. Mr. Badran serves on the Presidential Advisory Council of the Electronic Transactions Association and the Board of the Children's Cancer Research Fund. Souheil Badran currently resides at 821 West Daphne Road, Glendale, WI 53217 USA

Kai Schmitz leads IFC's Fintech investments in Latin America and Africa. Before joining IFC, Kai led the Remittance Team at the Payment Systems Development Group of the World Bank where he was advising governments, central banks and multilateral organizations on payment system regulation and policy. Amongst other things he led the groups advisory work with the G20 on market and regulatory issues. Previously, Mr. Schmitz co-founded and later became Executive Vice President and COO of MFIC, a

financial service provider in the US. Kai Schmitz currently resides at 3106 Cummings Ln, Chevy Chase MD 20815 USA.

Daniela Mielke is the CEO of RS2 Software Inc. In prior roles, Daniela served as the Chief Strategy and Product Officer of Vantiv (now Worldpay), VP of Strategy at Paypal and SVP of Global Strategy at Visa International. She started her career with Nestle and McKinsey. Daniela also serves on the Board of FINCA International. Daniela Mielke currently resides at 2570 Pursima Creek Road, Half Moon Bay, California, USA. .

Radi El Haj is the CEO of RS2 Software. Mr El Haj joined RS2 in 1997 as a Project Manager and was appointed Chief Executive Office in January 2012. Under his leadership, RS2 diversified into managed services and globalized its footprint. Radi El Haj currently resides at 233A, Villa Sorgente, Triq ta' That l-Irdum, Mellieha.

Mario Schembri is the Chairman of RS2 Software Plc. Before joining RS2 in 1999 as a regional manager Mr. Schembri had more than 25 years of experience in the banking industry. He was the CEO of RS2 Software Plc from 2008 to 2012. Mario Schembri currently resides at 5, Arzella, Willie Arena Street, Gzira.

John Elkins currently serves on the boards of FINCA International, ELATERAL Ltd. TRAVELEX INC. and RS2 Software P.L.C. John retired as President, International Regions from First Data in June 2015. A global leader in electronic payments with operations in 35 countries, John had full P & L responsibility for over 8,000 employees and all markets outside of the United States. Between 2002-7 he served as Executive VP and Global CMO for Visa International. John was the founder, former Chairman and CEO of FutureBrand, built from a start up into one of the leading worldwide corporate brand and design consultancies. John Elkins currently resides at 3773, Mountainside Trail, Evergreen CO 80439 USA.

There are no matters to be disclosed regarding: Osama Bedier, OB Rowls, Souheil Badran, Kai Schmitz, Daniela Mielke, Radi El Haj, Mario Schembri and John Elkins, in terms of the Listing Rules.

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Dr. Ivan Gatt Company Secretary 19th September 2018