Common use of Indicative Timetable Clause in Contracts

Indicative Timetable. An indicative timetable is included in the SIA. The Scheme booklet containing the details of the Scheme, information regarding the transactions contemplated by the Scheme, the Independent Experts Report on whether the Scheme is in the best interests of ▇▇▇▇▇▇’s holders, together with the reasons for the Directors’ recommendation is expected to be mailed to holders in October 2020. The meeting to vote on the Scheme is expected to be held in November 2020, but dates are indicative and subject to change. Authorised by: ▇▇▇ ▇▇▇▇ Company Secretary ▇▇▇▇ ▇▇▇▇▇▇▇, Non-Executive Chairman ▇▇▇ ▇▇▇▇, Company Secretary ▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇ finnCap Limited (Nomad and Broker) Corporate Finance: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇-▇▇▇▇▇ / ▇▇▇▇▇▇ ▇▇▇▇▇ Corporate Broking: ▇▇▇ ▇▇▇▇▇▇▇ / ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇.▇▇▇▇▇▇▇.▇▇▇ T: +▇▇ (▇) ▇▇ ▇▇▇▇ ▇▇▇▇ Wameja and Mastercard are joint venture partners of the HomeSend global payment hub. HomeSend enables cross- border transfer between bank accounts, cards, mobile wallets, or cash outlets from anywhere in the world. As a founding partner in the HomeSend hub, ▇▇▇▇▇▇ helped conceive and bring the opportunity to market. As stated above, the transaction is subject to the cancellation of all existing employee and executive options and the performance options. The Company negotiated the consideration to be paid for the cancellation of the employee and executive options with the individual option holders. The negotiation was conducted at arm’s length with ▇▇ ▇▇▇▇▇▇▇ and ▇▇ ▇▇▇▇ not participating in the negotiation, rather they accepted the consideration that was negotiated by the Company with the other employee and executive option holders. No consideration is to be paid for the performance options as they are expected to fail to meet their performance threshold (being a 15p VWAP for the 30 trading days to 30 September 2020) and expire on 30 September 2020. The Company had the benefit of an independent third-party valuation for the executive and employee options in conducting the negotiation. The consideration being paid to ▇▇▇▇▇ ▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇ for the cancellation of their employee and executive options is deemed a related party transaction under Rule 13 of the AIM Rules. The following table provides a breakdown of executive and employee options held by the ▇▇▇▇▇ ▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇, and the consideration to be paid for their cancellation: Name Issue Expiry Exercise price Number Value per option Total value AUD total for each Director ▇▇▇▇ ▇▇▇▇▇▇▇ 7-Apr-16 14-Mar-21 A$0.21 3,000,000 $0.0142 $42,525.00 $159,675.00 08-Aug-16 08-Aug-21 A$0.21 2,000,000 $0.0187 $37,350.00 12-Apr-17 13-Mar-22 A$0.21 3,500,000 $0.0228 $79,800.00 ▇▇▇▇▇ ▇▇▇▇ 08-Aug-16 08-Aug-21 A$0.21 1,650,000 $0.0187 $30,813.75 $94,938.75 24-Nov-17 24-Nov-22 A$0.21 2,500,000 $0.0257 $64,125.00 The independent directors (being ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇ ▇▇▇▇) consider, having consulted with finnCap, the Company’s nominated adviser, that the terms of this transaction are fair and reasonable insofar as shareholders of the Company are concerned.

Indicative Timetable. An indicative timetable is included in the SIA. The Scheme booklet containing the details of the Scheme, information regarding the transactions contemplated by the Scheme, the Independent Experts Report on whether the Scheme is in the best interests of ▇▇▇▇▇▇Wameja’s holders, together with the reasons for the Directors’ recommendation is expected to be mailed to holders in October 2020. The meeting to vote on the Scheme is expected to be held in November 2020, but dates are indicative and subject to change. Authorised by: ▇▇▇ ▇▇▇▇ Company Secretary ▇▇▇▇ ▇▇▇▇▇▇▇, Non-Executive Chairman ▇▇▇ ▇▇▇▇, Company Secretary ▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇ finnCap Limited (Nomad and Broker) Corporate Finance: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇-▇▇▇▇▇ / ▇▇▇▇▇▇ ▇▇▇▇▇ Corporate Broking: ▇▇▇ ▇▇▇▇▇▇▇ / ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇.▇▇▇▇▇▇▇.▇▇▇ T: +▇▇ (▇) ▇▇ ▇▇▇▇ ▇▇▇▇ Wameja and Mastercard are joint venture partners of the HomeSend global payment hub. HomeSend enables cross- border transfer between bank accounts, cards, mobile wallets, or cash outlets from anywhere in the world. As a founding partner in the HomeSend hub, ▇▇▇▇▇▇ Wameja helped conceive and bring the opportunity to market. As stated above, the transaction is subject to the cancellation of all existing employee and executive options and the performance options. The Company negotiated the consideration to be paid for the cancellation of the employee and executive options with the individual option holders. The negotiation was conducted at arm’s length with ▇▇ ▇▇▇▇▇▇▇ and ▇▇ ▇▇▇▇ not participating in the negotiation, rather they accepted the consideration that was negotiated by the Company with the other employee and executive option holders. No consideration is to be paid for the performance options as they are expected to fail to meet their performance threshold (being a 15p VWAP for the 30 trading days to 30 September 2020) and expire on 30 September 2020. The Company had the benefit of an independent third-party valuation for the executive and employee options in conducting the negotiation. The consideration being paid to ▇▇▇▇▇ ▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇ for the cancellation of their employee and executive options is deemed a related party transaction under Rule 13 of the AIM Rules. The following table provides a breakdown of executive and employee options held by the ▇▇▇▇▇ ▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇, and the consideration to be paid for their cancellation: Name Issue Expiry Exercise price Number Value per option Total value AUD total for each Director ▇▇▇▇ ▇▇▇▇▇▇▇ 7-Apr-16 14-Mar-21 A$0.21 3,000,000 $0.0142 $42,525.00 $159,675.00 08-Aug-16 08-Aug-21 A$0.21 2,000,000 $0.0187 $37,350.00 12-Apr-17 13-Mar-22 A$0.21 3,500,000 $0.0228 $79,800.00 ▇▇▇▇▇ ▇▇▇▇ 08-Aug-16 08-Aug-21 A$0.21 1,650,000 $0.0187 $30,813.75 $94,938.75 24▇▇-Nov-17 24▇▇▇-Nov-22 A$0.21 ▇▇ ▇▇-▇▇▇-▇▇ ▇$▇.▇▇ 2,500,000 $0.0257 $64,125.00 The independent directors (being ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇ ▇▇▇▇) consider, having consulted with finnCap, the Company’s nominated adviser, that the terms of this transaction are fair and reasonable insofar as shareholders of the Company are concerned.