PaySauce Limited — Director's Dealing 2020

May 4, 2020

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Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

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Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and Name of listed issuer: Date this disclosure made: Date of last disclosure:

PaySauce Ltd 4/05/2020 13/03/2020

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----- Start of picture text ----- Director or senior manager giving disclosureFull name(s): Andrew BarnesName of listed issuer: PaySauce LimitedName of related body corporate (if applicable): N/AFormer Director & Chairman (to 31Position held in listed issuer:December 2019)Summary of acquisition or disposal of relevant interest (excluding specified derivatives)Class of affected quoted financial products: Ordinary Shares in PaySauce LimitedNature of the affected relevant interest(s): Beneficial OwnerFor that relevant interest-Number held in class before acquisition or disposal: 25,732,811Number held in class after acquisition or disposal: 25,282,811Current registered holder(s):Coulthard Barnes (PaySauce) LimitedRegistered holder(s) once transfers are registered: N/ASummary of acquisition or disposal of specified derivatives relevant interest (if applicable)Type of affected derivative: N/AClass of underlying financial products: N/ADetails of affected derivative-The notional value of the derivative (if any) or the notional amount of underlyingfinancial products (if any): N/AA statement as to whether the derivative is cash settled or physically settled: N/AMaturity date of the derivative (if any): N/AExpiry date of the derivative(if any): N/AThe price specified in the terms of the derivative (if any): N/AAny other details needed to understand how the amount of the consideration payableunder the derivative or the value of the derivative is affected by the value of theunderlying financial products: N/AFor that derivative,-Parties to the derivative: N/AIf the director or senior manager is not a party to the derivative, the nature of therelevant interest in the derivative: N/ADetails of transactions giving rise to acquisition or disposalTotal number of transactions to which notice relates: 1Details of transactions requiring disclosure-Date of transaction: 28/04/2020Nature of transaction: Off Market TransferName of any other party or parties to the transaction (if known): Andrew Christopher Robert LockhartThe consideration, expressed in New Zealand dollars, paid or received for theacquisition or disposal. If the consideration was not in cash and cannot be readily byconverted into a cash value, describe the consideration: $216,000Number of financial products to which the transaction related: 450,000If the issuer has a financial products trading policy that prohibits directors or seniormanagers from trading during any period without written clearance (a closed period)include the following details—Whether relevant interests were acquired or disposed of during a closed period: N/AWhether prior written clearance was provided to allow the acquisition or disposal toproceed during the closed period: N/ADate of the prior written clearance (if any): N/A----- End of picture text -----

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----- Start of picture text ----- Summary of other relevant interests after acquisition or disposal:Class of quoted financial products: Ordinary sharesNature of relevant interest: Beneficial ownershipFor that relevant interest,-Total 4,741,220;(a) 3,678,5758;(b) 653,004;(c) 408,127;Number held in class: (d) 1,514(a) Cloud Investments Two Limited;(b) Anusha Fernando Barnes;(c) Hibernian Capital No 2 Limited;andCurrent registered holder(s): (d) Perrow Capital No 2 LimitedFor a derivative relevant interest,-Type of derivative: N/ADetails of derivative,-The notional value of the derivative (if any) or the notional amount of underlyingN/Afinancial products (if any):A statement as to whether the derivative is cash settled or physically settled: N/AMaturity date of the derivative (if any): N/AExpiry date of the derivative (if any): N/AThe price's specified terms (if any): N/AAny other details needed to understand how the amount of the consideration payableunder the derivative or the value of the derivative is affected by the value of the N/Aunderlying financial products:For that derivative relevant interest,- N/AParties to the derivative: N/AIf the director or senior manager is not a party to the derivative, the nature of theN/Arelevant interest in the derivative:CertificationI, certify that, to the best of my knowledge and belief, the information contained in thisdisclosure is correct and that I am duly authorised to make this disclosure by allpersons for whom it is made.Signature of director or officer: N/ADate of signature: N/AorSignature of person authorised to sign on behalf of director or officer:Date of signature: 4/05/2020Name and title of authorised person: Jaime Monaghan, CFO----- End of picture text -----