making convenience safe and secure

Making Convenience Safe and Secure

Zwipe interim report – First Half 2021

26 August 2021 | André Løvestam, CEO

AGENDA

1. Highlights from H1 2021 Interim Report

2. Quick introduction to Zwipe

3. Why will biometric payment cards reach annual volumes of hundreds of millions or even a billion globally by the end of this decade?

4. Why should banks embrace biometric payment cards as an opportunity for new profitable revenue?

5. Why is Zwipe the natural choice, having a superior end-to-end offering for banks?

2

Strong Customer & Partner Developments YTD 2021

3

426 August 2021

The strong operational momentum continues in 2021

Customers (SCMs) Announced 6 new customers: card manufacturers with almost 200 million payment cards shipped annually

Partnerships

Extended partnership with TAG Systems, who delivers 100 million cards annually

Partnered up with large processors FSS, Network International and ICPS, and be ys Pay, as well as with

Masterline and Sonali to ensure local presence in India and Bangladesh

TechnologyThe Zwipe Pay ONE project has passed most critical milestones and major risk points

Fully functional Zwipe Pay ONE demo cards and enrolment solutions presented and show-cased

Global Tier 1 smartcard manufacturer is evaluating Zwipe Pay ONE platform

CommercialZwipe Pay ONE pilots announced with Vopy and MEPS, with pipeline of pilots building

BCC placed a commercial order of MNOK 16.8 ($1.9m) for Zwipe Pay ONE in August

Consumer insightsZwipe and partners conducted several insights studies from the Nordics, UK, US and Romania showing strong

consumer interest for safer and more secure payments with high willingness to pay

Organization

Significantly strengthened our organization to meet the demand with new key positions, while also recruiting a regional

General manager for the MENA region.

Established wholly owned subsidiaries in the UK and Germany to support the global mass-market deployment

Sustainability Significant effort to address environmental considerations when making Zwipe Pay ONE Cards and enrollment

526 August 2021

Strong financial development first half 2021

Revenues • MNOK 1.4 (MNOK 0.9)

OpEx

• MNOK 28.0 (MNOK 32.4)

• Adjusted for 3rd instalment in joint development project with Idemia in Q2 2020 of MNOK 10.6, OpEx increased by

MNOK 6.2 – in line with expectations

EBITDA and

earnings per share• EBITDA was MNOK -25.4 (MNOK -30.7), and earning per share NOK -0.89 (-1.25)

Cash flow• Cash flow from operations and investments, before financing and facilitation, improved to MNOK -31.2 (-39.6).

• Adjusted for one-off payments in first half 2020, negative operating cash flow increased by MNOK 0.6 to MNOK 5.2 per month

Bank deposits (cash) • MNOK 94.9 (MNOK 43.2)

Equity and shares• MNOK 98.2 (MNOK 49.9), equity ratio of 90% (74%), and

Total outstanding shares increased by 29% to 32.9 million shares.

626 August 2021

The big picture: It’s all coming together

The market for biometric payment cards is happening now - with increasing traction from issuers

The long-term market potential of BPC is far greater than anticipated – from niche to mass market

Zwipe is successfully building the foundation for a leading position in a massive, global market, with excellent

long term value creation potential:

✓ strong team

✓ strong technology

✓ strong operational progress across all functions

✓ strong market traction and engagement among all customer groups and regions

✓ strong pipeline and outlook

✓ strong and effective go-to-market strategy

✓ strong execution

✓ strong confidence and excitement in all of the above

AGENDA






7

826 August 2021

Passive InlayISO Contact Plate Modulewith biometric SE

Fingerprint Sensor

Zwipe is a biometric fintech company pioneering the next generation contactless payment experience

✓ HQ in Oslo, Norway, global team

✓ A long history of «world’s firsts» in the

industry

✓ Global technology performance and cost leadership

position with one stop shop offering

✓ Global, fast-growing partner network

✓ Listed on Nasdaq First North in Stockholm and

Euronext Growth in Oslo

AGENDA






9

1026.08.2021

Next Generation Contactless Payments …World’s first single silicon biometric payment card

Extracts energy from standard terminal/card reader

through energy harvesting (NFC) technology. No battery.

No need for transaction limits on contactless payment

Power is harvested from standard infrastructure

I am me

- Faster and more convenient with PIN, and more secure.

- Biometric data are encrypted stored and processed only

in the EMV certified secure element in the card

Live biometric authentication on card

Biometric payment cards combine the convenience of contactless with the security of biometrics to enable totally contact free payments

Value Propositions for Consumers

Enabling fast contactless

payments every time

(above or below

transaction limits)

SECURITY

Only the authorized user can

complete transactions

No PIN which can be stolen

CONVENIENCE SAFETY

Allows the user to avoid

touching payment terminals

regardless of the amount

PRIVACY

User’s biometric information is

encrypted and stored only in

the secure element in the card

and nowhere else

INNOVATION

Brings novelty and coolness

factor to cardholders

1226 August 2021

Zwipe has now surveyed almost 2000 cardholders in the US, Canada, UK, Norway, Sweden and Romania to capture their payment preferences and views on Biometric Payment Cards

70% of the cardholders want a completely touch-free checkout experience and 60% are willing to pay for this experience

Zwipe Insights evidence soaring demandStrong consumer willingness to pay

79%

21%

8 out of 10 consumers want their next payment card to be biometric

YES NO

I would be interested in a new payment method that offers a completely touch-free experience

No, I would prefer using my current payment card

70,3%

29,7%

51% of the cardholders would consider switching to a new issuer who could offer a biometric payment card

YES NO

51%

49%

Differentiate and uplift

payments portfolio

Easy implementation and

global acceptance

Improved cardholder

security

Demonstrate Leadership

in Pandemic

Create revenue impact and

effective segmentation

Drive loyalty, card usage and

customer acquisition

Value Propositions for Issuers Differentiation - Revenue impact - Loyalty - Easy implementation

1327.07.2021

A strong business case for issuers

Additional revenues (not included here) will

come from

- Accelerated customer acquisition (almost

50% end users expected to connect with a new

bank for biometric payment cards)

- Higher transaction volumes (due to improved

user experience)

14

A conservative estimation from higher card fees for a bank with 1 million cards converted to biometrics*

# Card holders with biometric solution 1,000,000

Annual fee card holders are willing to pay $ 24/year (vs. $ 12-60/year in Nordic study)

> Revenues per year from higher card fees = 1,000,000 x $ 24 = $ 24 million

* Based on Zwipe insights

** RedEye analysis and calculations in report as of 24 November 2020

Additional positive revenue effects ($m)**

Fraud prevention 1.5

Top of wallet effect 1.5

Increased card transactions 0.4

= Total $ 3.4m per year in additional revenues for the issuers

Total additional revenues per year: $ 27.4 million

Most importantly, BPCs represent an opportunity for banks to accelerate

customer acquisition, uplift loyalty and create new revenue streams

AGENDA





5. Why is Zwipe the natural choice, having a superior end-to-end offering for the players in the payment value chain?

15

Mass-market price inflection point in sight with Zwipe poised for cost and technology leadership with single silicon solution

Discrete Components Single Silicon

Industry Progression: Component Integration with radical complexity-down, size-down, cost down

2017 - 2021 2020 - ? 2021 onwards

Multi-die System in

Package (SiP)

Zwipe’s strategic partnership with IDEMIA is on

track to deliver this radical unit cost reduction.

Most major risk points are already passed, with

remaining hurdles before commercialization

and mass volumes being pilots and

certification.

• Replaces the Secure Element, Microcontroller

and >30 components with a single chip

• Offers best in class biometric performance and

energy efficiency

• Enables radical cost reduction, highly

competitive production costs and mass volume

market take-off

• Zwipe retains worldwide exclusive distribution

rights for the lifetime of the product to all

manufacturers of payment cards, wearables

and other payment solutions (except IDEMIA),

and also to their suppliers

• High bill of material

• High production costs

(due to cold lamination process)

• Expensive yield loss

Confidential26.08.2021

Zwipe Pay ONE Key Features for Issuers and Users

1st genTechnology

Zwipe Pay ONE

Longer read range at POS:Much better user experience

Competitive Unit Cost:Simplified and improved manufacturing process

Excellent fingerprint performance:Large sensor offering greater user accuracy

Latest Biometric Technology:Zwipe Pay ONE brings all the latest technology into ONE card

Mobile App enrollment being developed:Zwipe already has a functioning Beta version.

The Zwipe Pay ONE single silicon platform represents the highest level of component integration, offering a cutting-edge and future-proof design with fundamental benefits:

1826.08.2021

Zwipe Pay ONE – a modular, turn-key solution

Optional Packages

5. Biometric-aware payment applet:

VISA VBSS | Mastercard M/Chip Advance |

Local Schemes

6. Fingerprint Sensor

7. Prelaminate sheets

8. Enrolment solutions

Fingerprint Sensor

Idex IDX3405 for post-placement

Zwipe Pay ONE Basic Package

1. ISO Contact Plate Module

2. Biometric Java Card OS

3. Inlay & Card reference designs

4. Integration Support

1 2

3

Prelaminate sheetsmade to customer specification

6

7

5

8

19

Zwipe's role is to enable, raise awareness, and interact with all stakeholders

Enrollment SolutionsCard Body

*) WEEE: Waste from Electrical and Electronic Equipment

Passive InlayISO Contact Plate Module

with biometric SE

Fingerprint Sensor

• Zwipe is committed to bringing a recycled PVC card

to certification within 2022.

• Battery-less inlay ensures no adverse environmental

impact.

• Enrollment sleeve is WEEE* compliant and can be disposed of

safely by separating the plastic, PCB and battery.

• The sleeve is also reusable for multiple users, re-use

programs can be implemented by banks.

• Mobile/app-based enrollment (under development) would

make customer boarding fully digital, meaning radical

reduction in waste, complexity, and cost.

Zwipe Pay ONE Cards address Environmental Considerations

2126 August 2021

What makes Zwipe stand out from the crowd?

Zwipe’s competitive position is

built on the combination of our: Zwipe Pay ONE will offer card

manufacturing customers a solution with

superior energy efficiency and biometric

performance at highly competitive cost

levels

The first-of-its-kind solution

We also offer professional services to

banks and issuers on biometric payments,

consumer insights, marketing,

presentation and pilot execution services

Completely end-to-end

• Technology cost and performance leadership

• One-stop-shop offering with complete turn-key

solution

• Aggregator role → better prices

• Value-adding trusted advisor

• Full focus and dedication to biometric payments

• Passion, agility, innovation and collaboration

• Innovative approach

2226 August 2021

Partnership with Thomas Greg & Sons do Brasil, to enable Latin American marketplace

Partnership with Inkript, to strengthen position in the Middle East, Africa and Central Asia

Partnerships with Goldpac, XH Smart Technology, Silone Cardtech, Toppan Forms Card Technologies, Asia Credit Card and Watchdatasolidifying ability to service issuers in APAC region

Partnership with dz card,strengthening capacity to support issuers in Southeast Asia

Long standing collaboration with CPI Card Group, largest domestic card manufacturer in the United States

Long standing collaboration with Thales (Gemalto), world’s largest card manufacturer

Partnership with TAG Systems, to unlock the fast-mover approach of European-based Challenger Banks

Selected by Giesecke + Devrient to develop biometric wearable

Partnership with AllCard Inc. to address opportunities in the Philippines

Partnering with Idemia to offer disruptive biometric payments card platform

Partnership with MasriaDigital Payments, to strengthen position in the Middle East, Africa

Partnering with Publicenter to offer biometric payment solutions

Fast-growing global and growing cards supplier network… as of Nov 2020

November

2020 Partnering with TietoEvry to accelerate

commercialization of Zwipe Pay ONE

26 August 2021

Partnership with Thomas Greg & Sons do Brasil, to enable Latin American marketplace

Partnership with areeba and Inkript to address demands in the Middle East, Africa and Central Asia

Goldpac, XH Smart Tech., Silone Cardtech, Toppan Forms Card Tech., Asia Credit Card and Watchdata in APAC region

Partnership with dz card,strengthening capacity to support issuers in Southeast Asia

Long standing collaboration with CPI Card Group, largest domestic card manufacturer in the United States

Long standing collaboration with Thales

Selected by TAG Systems to unlock the potential from European Challenger Banks

Selected by Giesecke + Devrient to develop biometric wearable

Partnership with AllCard Inc. to address opportunities in the Philippines

Partnering with Idemia to offer disruptive biometric payments card platform

Partnership with Masria Digital Payments, for the Middle East, Africa

Selected by Publicenter to offer biometric payment solutions

Partnership with KL HI TECH adds to delivery capability in India and MEA Regions

Chosen by TAG Nitecrest to bring Zwipe Pay ONE to UK Issuers

Partnering with TietoEvry to accelerate commercialization of Zwipe Pay ONE

Partnership with VeriTechto deliver next generation contactless payments in Kuwait

Parntering with Beautiful Card Corporation in Taiwan for production of BPCs

Partnership with Silkways Cards & Printing adds to delivery capability in Bangladesh

Partnership with Network International and MEPS to address growing demand in Levant and MENA region

Partnering with be ys Pay to bring ZwipePay One to France and the Benelux

Partnership with FSS to bring Zwipe Pay ONE to issuers globally

Partnership with ICPS to bring Zwipe Pay ONE to banks across Africa and Asia

Fast-growing global and growing cards supplier network…as of Aug 202124 collaborations with SCMs have been announced (of which 3 are currently anonymous).In addition, Zwipe has partnered with multiple processors and perso-bureaus globally.

August

2021

2426 August 2021

Strong testimonials from our customers and partners

2526 August 2021

Revenues Annualised revenues of NOK 1 billion

VolumeExternal predictions of global sales of Biometric Payment Cards vary. Leading analyst firms UBS and Goode Intelligence

are projecting 15 % and 20 % penetration by 2026 respectively.

ASP Targeting $3-4 ASP for Zwipe deliverables per biometric payment card or wearable.

Gross MarginWe target healthy gross margins.

Our main competition is in the semiconductor industry, traditionally enjoying margins in the 40 % range.

EBITDA margin Zwipe has a very scalable business model, targeting an EBITDA margin of 20%, rising with volumes.

Break Even Volume Cash flow break even expected at 6m units (annual volume).

Current Financial

statusMonthly spending and cash flow is according to plan and previous announcements.

Lean and scalable business model ready for growthHere are our key medium term financial aspirations:

2626 August 2021

Announced partnership

with Wisecard

Technology, a leading

supplier of EMV

personalization and

payment solutions to

support the co-

development of card

personalization

offerings for Zwipe Pay

family of products and

solutions

August 20, 2020


with

Cardmatix on mass-

production of Zwipe Pay

ONE. Cardmatrix is a

leading player

in industrial

manufacturing and

testing equipment

specifically for mass

production of

payment cards

September 14, 2020


with TietoEVRY to

deliver biometric

payments to banks in

the Nordic and Baltic

regions

October 8, 2020

HIGHLIGHTS: Last ~ 12 months’ rolling news flow – 1 of 4

Announced

partnership with

areeba to bring

nxtgen biometric

contactless

payments to banks in

the Middle East &

Africa


with Inkript to launch

Zwipe Pay ONE in the

Middle East, with

Inkript placing an order

to Zwipe commencing

small scale

manufacturing of

biometric payment

cards

October 14, 2020 October 15, 2020

Announced order of

300,000 sensors from

IDEX Biometrics to

support the rollout of

Zwipe Pay ONE to a

growing list of smart

card manufacturers

and issuers in Europe,

the Middle East, the

Americas and Asia

Launched Swedish

market study with

TietoEVRY showing

large interest in

biometric cards in

respons to Covid-19

in-store payment

concerns

October 19, 2020 November 17, 2020

2726 August 2021

Zwipe Pay ONE in first

biometric payment

card pilot in the

Nordics, with OP

Financial Group,

TietoEVRY and Tag

Systems

November 23, 2020


with Veritech to

provide key

components for the

Zwipe Pay ONE

biometric payments

platform and take lead

on providing advisory

services directly to

banks and card

issuers in close

collaboration with

VeriTech.

December 3, 2020

Zwipe and Idemia

announced that the next

generation biometric

card secure chip they

are co-investing in,

has obtained the ICCN

security certificate

from EMVCo, as

planned. Zwipe has

worldwide exclusive

rights to this

disruptive single-chip

biometric technology

December 23, 2020



with Vopy which aims

to launch a pilot in Q3

2021. Vopy aims for

an initial rollout from

Q4 2021, starting with

100.000 biometric

payment cards by the

end of this year and

500.000 cards in 2022

Announced four new

partnerships with

prominent card

manufacturers in

Asia-Pacific and

Europe which have

chosen the Zwipe Pay

ONE platform for

delivering biometric

payment cards to the

issuers, targeting pilots

before the end of 2021

February 3, 2021 February 10, 2021

Tag Systems steps up

collaboration, placed a

small order and will

proactively promote

Zwipe Pay ONE

towards issuers and

partner bureaus in

Europe and the USA

to sell and market

next generation

payment cards

After evaluating

available alternatives

KL HI-TECH selected

Zwipe Pay ONE as their

preferred biometric card

platform. India’s

second largest SCM

aim to manufacture

Zwipe Pay ONE test

cards from Q2 2021,

pilot ZPO from Q3 and

have first full market

launches end of 2021

March 2, 2021 April 6, 2021

https://vimeo.com/374587819

2826 August 2021 28


French payment

solutions provider be

ys Pay selects Zwipe

Pay One for their BPC

in France and Benelux,

engaging with issuers

from Q2 2021 with the

ambition to deliver

pilots from H2 2021

April 7, 2021

Appointing Ramzi

Saboury as GM for the

MENA Region and

Masterline as a

Strategic Business

Partner in India to

strengthens

engagements

towards banks,

bureaus and

manufacturers in

those two key

regions

April 12, 2021

The FSS partnership

will help the

deployment of ZPO

Biometric Cards

globally. FSS is one of

the world’s

largest within cards

and payments services

to banks managing a

portfolio >800 million

cards. FSS and Zwipe

will work to initiate

pilots and early

commercial deliveries

from later in 2021.

May 10, 2021

Beautiful Card

Corporation has

completed rigorous

tests of Zwipe Pay

ONE with very good

results. They will scale

up production with the

aim of delivering pilots

and commercial

deliveries before the

end of 2021.

May 11, 2021

Middle East Payment

Services (MEPS) will

bring next generation

contactless payment

cards in the MENA

region by combining

MEPS’s Issuance

Platform with our Zwipe

Pay ONE biometric card

platform. MEPS are

aiming to make BPCs

available for piloting

and commercial

deployment during H2

2021

June 3, 2021

Silkways Card &

Printing Ltd (Silkcard)

selects Zwipe to deliver

Zwipe Pay ONE

powered biometric

payment cards in

Bangladesh. Silkcard

will manufacture and

personalize biometric

card payments for

issuer clients while

Zwipe will help the

banks through all

stages of pilot, launch

and mass market rollout

June 16, 2021

Zwipe establishes local

representation in

Bangladesh appointing

Sonali Intellect

Limited as sales and

strategic business

development partner

to help banks, card

personalization bureaus

and processors to

support Zwipe Pay ONE

cards with the ambition

to deliver pilots later this

year

June 18, 2021

2926 August 2021


Network International

(NI) selects Zwipe to

deliver biometric

payment cards to

banks in the Levant

region. Zwipe will

provide support and

cards will be delivered

by a 3rd party SCM, thus

NI can focus on

delivering Zwipe Pay

ONE powered cards to

issuers

June 24, 2021

ICPS, a leading

international card

payment processor and

card personalization

bureau will bring Zwipe

Pay ONE enabled

biometric payment

cards to banks across

Africa and Asia. Zwipe

will provide Biometric

ISO contact plate

module, Passive inlay,

Fingerprint sensor, OS

license and enrollment

sleeves.

July 16, 2021

A Global Tier 1

smartcard

manufacturer are

evaluating Zwipe Pay

ONE components

for inhouse

manufacturing of

biometric payment

cards. Zwipe Pay ONE

is designed to be mass

market ready,

delivering improvement

in both the consumer

experience and the

commercial benefits

July 23, 2021

Zwipe receives USD

1.9 million commercial

order from Beautiful

Card Corporation. The

order covers the supply

of modules, sensors

and inlays, enabling

BCC to be one of the

first manufacturers to

bring significant

volumes of this next

generation of biometric

payment cards to

market.

Aug 3, 2021

Middle East Payment

Services (MEPS)

and Zwipe will launch a

pilot of Biometric

Payment Cards based

on the Zwipe Pay ONE

platform to top-level

executives and key

decision makers at up

to 20 banks and

issuers

in the Levant region.

The pilot will be conclu-

ded in Q4 2021 with

Zwipe Pay ONE Cards

delivered from Inkript.

Aug 16, 2021

We now have a

stronger

pipeline than ever

https://www.linkedin.com/company/middle-east-payment-services/

https://www.linkedin.com/company/zwipe/

3026 August 2021

Final milestone: certification

Zwipe does not seek payment scheme certification for the finished card product, our SCM customers do.

Certain critical certifications have already been obtained, e.g. EMVCo security certification of the secure element

(ICCN) which was secured in December 2020.

To simplify the certification process for our customers, Zwipe plans to secure a component level certification from

schemes which our customers can reference, simplifying their process. As part of this process, Zwipe will have

already performed 90% of the required testing which greatly reduces the test scope for our customers.

To thoroughly validate the performance and robustness of our design before certification process starts, Zwipe is

undergoing a program of pre-testing, called “debug testing”.

Debug testing is typically performed for the most critical items, such as interoperability with multiple brands and

generations of payment terminals. We have already performed such pre-tests at accredited test labs with

excellent results.

3126 August 2021

The big picture: It’s all coming together

Final take-away:

The market for biometric payment cards is happening now - with increasing traction from issuers

The long-term market potential of BPC is far greater than anticipated – from niche to mass market

Zwipe is successfully building the foundation for a leading position in a massive, global market, with excellent

long term value creation potential:

✓ strong team

✓ strong technology

✓ strong operational progress across all functions

✓ strong market traction and engagement among all customer groups and regions

✓ strong pipeline and outlook

✓ strong and effective go-to-market strategy

✓ strong execution

✓ strong confidence and excitement in all of the above

3326 August 2021

This is Zwipe

Addressing a 4-billion-unit market

characterized by growth from innovation

Mass-market price inflection point in sight, with

Zwipe positioned for technology and cost

leadership with disruptive technology and strong IP portfolio

Unique one-stop-shop offering, with end-to-end

systems integrator approach and trusted advisor role

Fast-growing customer and partner base with global coverage

Soaring demand due to COVID-19, strong

consumer willingness to pay

Lean and scalable business model ready for growth

Strong company culture, management and board

1

2

3

4

5

6

7

3426 August 2021

Dedicated Management Team with a deep understanding of ecosystem, industry, technology, and company

25 years of C-level

experience, incl. CEO of

Orkla snacks (KiMs),

Tomra Europe,

Telecomputing,

Umoe IKT, Eneas and

Kjedehuset

Proven track record of

commercial success

from a variety of

industries and markets

André LøvestamCEO

Extensive experience

working at top

management positions at

EY and more recently at

the C-level, incl. CFO of

NetCom/TeliaSonera

Solid track record in the

areas of M&A, financial

governance and

business planning

Lars Kristian Solheim

CFO

Dr. Robert Mueller

CTO

John Goodale

CCO

Over 20 years’

experience in senior

technical development

positions focusing on

biometrics and smart card

technology at leading

companies such as

Siemens,

Giesecke+Devrient and

BMW. His most recent

role was serving as Chief

Technology Officer at

Next Biometrics.

19 years in senior sales

and business

development roles at

TSYS

15 years in professional

services at i.a. KPMG and

DMR Consulting

Recognized for thought

leadership across many

payment concepts in

multiple European

markets and strong

understanding of the

global financial market

Eric Mercer

COO

Bishwajit Choudhary

EVP Financial Inst. & Alliances

Over 20 years payments

industry experience,

having previously worked

as Group SVP Strategy

at NETS as well most

recently CCO at

Usertribe

Strong track record of

leading new business

initiatives, customer

advisory, strategic

alliances and fintech

partnerships

Over 20 years at large

and small technology

development companies

including 10 years with

Intel Corporation

Leadership experience in

Program Management,

Operations, Supply

Chain, and Finance

3526 August 2021

Highly Experienced Board of Directors with diverse, deep industry knowledge and complementary skills

A recognized authority on

payment products, and

services

More than 35 years’

experience as an

executive, advisor and

investor in the information

technology and telco.

Industry

Previously served in

global roles at Visa

International and

MasterCard

Former CEO of Fingerprint

Cards

20+ year experience from

various positions in

Ericsson Group

Board member of Dirac

Research AB, Tobii AB and

Wirepas Oy

Advisory board of a handful

of companies in the US,

UK and Scandinavia

Head of Payments at Tink

A seasoned payment

expert with various senior

roles within H&M Group,

Klarna and iZettle

Board Member of Yabie

in Sweden

Recently retired as the

COO of TSYS Issuer

Solutions with extensive

experience in the fintech,

payments and

processing sectors

Former Chairman of

Paysafe (a UK based

global payments

company), Former

Chairman of MasterCard

UK, Various executive

roles within RBS and

NatWest

Private investor

Chairman of Nitro Games

Board member and

Investment manager at

Feat Invest AB since

2016

Extensive experience

with financial markets

COO at Bambora and

Head of Customer

Services Regional

Businesses at Worldline

20+ years experience

from the Fintech, Fast-

Moving Consumer Goods

and Retail Industries

Stina Granberg Johan BiehlDennis Jones Tanya Juul Kjær Diderik SchonheyderJörgen Lantto

Chairman of the Board

making convenience safe and secure

Documents