TYRO PAYMENTS LIMITED — Capital/Financing Update 2019

Dec 10, 2019

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11 December 2019

Company Announcements Office Australian Securities Exchange 20 Bridge Street Sydney, NSW 2000

Dear Sir/Madam

SATISFACTION OF CONDITIONS FOR CONDITIONAL MARKET

Tyro Payments Limited ACN 103 575 042 (ASX:TYR) advises that the conditions for the conditional market have been satisfied, namely:

1. the Offer Management Agreement has not been terminated and has become unconditional;

2. the Shares to be sold by SaleCo have been transferred to SaleCo; and

3. Tyro has issued new Shares, and SaleCo has transferred Shares, to successful applicants under the Offer.

Settlement has occurred under the Offer Management Agreement.

Shares will trade today, Wednesday 11 December 2019, on an unconditional but deferred settlement basis.

Following completion of the despatch of holding statements, normal settlement trading is expected to commence on Friday 13 December 2019.

The total number of quoted Shares of TYR is 496,649,211.

Terms used in this document have the meaning given to them in the Prospectus lodged with ASIC by the Company on 18 November 2019.

Yours faithfully

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Mr Sami Wilson General Counsel & Company Secretary Tyro Payments Limited

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