Smartpay Holdings Ltd (“SPY”) – Trading Halt of Securities

Memorandum To: Market Participants From: NZX Product Operations Date: Wednesday, 20 May 2020 Subject: Smartpay Holdings Limited ("SPY") - Trading Halt of Securities Message: NZX Regulation ("NZXR") advises that it has placed a trading halt on Smartpay Holdings Limited ("SPY") ordinary shares. The trading halt was placed pre market open on Wednesday, 20 May 2020. The trading halt has been put in place pending the release of an announcement by the company. The halt will remain in place until the earlier of: o An announcement made by the issuer; or o Market open on Friday, 22 May 2020. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00353369 For:NZXR Type:HALT Time:2020-05-20 09:18:06