TYRO PAYMENTS LIMITED — Board/Management Information 2021

Apr 20, 2021

APPOINTMENT OF DIRECTOR

Sydney, 21 APRIL 2021 – Tyro Payments Limited announced the appointment of Aliza Knox to its Board of Directors with effect from 21 April 2021.

Tyro’s Chairman, David Thodey, said

The Board and I are delighted to announce the appointment of Aliza Knox as a Director of Tyro. Aliza’s experience in scaling banking and financial services businesses and particularly in the digital sector makes her a great addition to Tyro’s Board. We look forward to working with Aliza.

With a career in Australia, the US and Asia, Aliza has held senior executive roles in organisations including Boston Consulting Group, Charles Schwab Corporation, Visa International, Google and Twitter. She has also held non-executive roles at Invocare, as Advisor to the ANZ Technology Subcommittee, Singapore Post and Scentre Group. Aliza recently retired as Head of Asia Pacific at Cloudflare.

Aliza is currently a non-executive Director of Grant Thornton International Limited in the UK and Healthway Medical Corporation Limited in Singapore.

For further information, please contact:

Media: Monica Appleby Investors: Giovanni Rizzo Head of Corporate Communications Chief of Investor Relations Ph: +61 466 598 946 Ph: +61 439 775 030 E: mappleby@tyro.com E: grizzo@tyro.com

Pursuant to Listing Rule 15.5, Tyro confirms this document has been authorised for release to the market by its CEO | Managing Director

About Tyro

Tyro is a technology-focused and values-driven company providing Australian businesses with payment solutions and value-adding business banking products. The company provides simple, flexible and reliable payment solutions as a merchant acquirer, along with complementary business banking products.

For the more than 36,700 Australian merchants who chose to partner with Tyro at 31 December 2020, the company processed more than $20.1 billion in transaction value in FY20 and a record $12.1 billion in H1 FY21. In FY20 the company generated $93.5 million in gross profit (H1 FY21 $61.2 million), originated $60.1 million in loans (H1 FY21: $2.6 million) and held merchant deposits totalling $50.5 million (H1 FY21: $104.0 million).

Tyro is Australia’s fifth largest merchant acquiring bank by number of terminals in the market, behind the four major banks.

The business was founded in 2003 with a goal of being the most efficient acquirer of electronic payments in Australia. Tyro has a track record of innovation, creating purpose-built solutions and being first to market. This approach saw the company become the first technology company to receive an Australian specialist credit card institution licence in 2005. In 2015 that licence was replaced by the award of an Australian banking licence, making Tyro the first new domestic banking licensee in over a decade.

Payments are at the core of Tyro’s business, using its proprietary core technology platform to enable credit and debit card acquiring. This offering is enhanced by features purpose-designed for those merchants who choose to partner with the company, including Point of Sale systems integrations, least-cost routing (Tap & Save) and alternative payment types such as integrated Alipay. While traditionally focused on in-store payments, Tyro has recently expanded into eCommerce.

Further, Tyro provides value-adding solutions to its partners, such as loans in the form of merchant cash advances and fee-free, interest-bearing merchant transaction accounts.

Tyro has a team of more than 500 people, approximately half of whom are in technology roles.

A 1/155 Clarence St, Sydney NSW 2000 T +61 2 8907 1700 E info@tyro.com W tyro.com ACN 103 575 042 AFSL 471951 (Tyro) is the issuer of its own financial products