RS2 Software Plc

Regulatory Filings • Mar 26, 2021

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.

Quote

The company wishes to announce that its Managed Services subsidiary RS2 Smart Processing Ltd has concluded a major processing outsourcing agreement with its Business Partner Alpha Fintech to provide acquiring services to Bank of New Zealand in New Zealand. The agreement has been signed for an initial term of 3 years with the option to extend yearly.

Through its agreement with Alpha, RS2 has also signed on another two clients, a large fintech company in Singapore and a financial institution in Indonesia, for which it is currently in implementation phase.

The Group continues its global expansion providing acquiring and issuing processing services to payments providers and financial institutions around the globe.

It must be pointed out that the projected revenue from the above clients has been taken into consideration and is reflected in the projections contained in the Prospectus dated 19 February 2021 relating to the issue of Preference Shares by the Company.

Unquote

Dr. Ivan Gatt Company Secretary 26 March 2021