Director Changes

Mandy Simpson to retire at ASM, Jackie Robertson Cheyne appointed to Board as of 1 August 2020 Lower Hutt, New Zealand - 20 July 2020 PaySauce Ltd (NZX:PYS) Director Mandy Simpson has notified the Company of her intention to retire from the PaySauce Board at the Annual Shareholders' Meeting (ASM) on 18 September 2020. Given the time commitments of her executive role, Mandy has decided not to seek re-election. PaySauce Chair Nick Lewis said, "We thank Mandy for her sound judgement and support for PaySauce, both as an Independent Director and Chair of the Finance Audit and Risk Committee. Mandy has been an invaluable voice on our board as we transitioned PaySauce to a listed company on the NZX. We wish Mandy all the best in her future endeavours." The Board is delighted to announce the appointment of Jacqueline Robertson Cheyne to join the PaySauce Board as an Independent Director. The appointment will be effective 1 August 2020 to ensure a smooth transition between directors, and will be subject to shareholder vote at the ASM. Jacqueline has 25 years of experience in financial audit and advisory services including 11 years as a partner at Deloitte and has extensive experience in driving better Corporate Responsibility and Sustainability practices across New Zealand, which will further complement the skillset of the existing Board. ENDS ABOUT PAYSAUCE PaySauce is software at work for people, providing employment solutions to small and medium-sized businesses. PaySauce enables business owners to pay and manage employees accurately and efficiently using the web, iOS, and Android applications. The PaySauce platform includes mobile timesheets, payroll calculations, banking integration, PAYE filing, labour costing, automated general ledger entries and digital employment contracts. www.paysauce.com CONTACT Please direct any investment queries to investor@paysauce.com. End CA:00356491 For:PYS Type:GENERAL Time:2020-07-20 08:30:43