VIVA WALLET STATEMENT 

In the context of the legal process underway between the shareholders, Viva Wallet notes that: “The Company is not involved in any legal process with any of its Shareholders and continues following its growth path dynamically and consistently.

Viva Wallet is in an enviable position, having Shareholders who share a keen interest to own its successful growth, given its innovative business offering with a strong market position:

• It has the largest footprint of any digital bank in Europe with physical branches in 24 countries, serving merchants all across the region;
• It is the only totally cloud-based technology bank for payments in Europe with direct connectivity to all international and local European card schemes with full KYC/AML adherence to all countries’ institutional framework, giving it full control over the entire value chain of payments;
• It is supervised by local Central Banks and Supervisory Authorities across Europe, with its branches having no record of regulatory fines imposed by any of them;
• It is pioneering the new wave of payments based on Tap on Any Device innovation which enables acceptance of payments over any device, and liberates merchants from cumbersome legacy terminals;
• It is fully financed, with zero balance sheet borrowing, to continue to invest in its future growth.

Viva Wallet plans to continue growing in Europe and expand to the US, as part of the agreed Strategy, clearly defined in the Shareholder Agreement between the Company, the majority controlling shareholder - WeRealize -, and the minority non-controlling shareholder - J.P. Morgan.

For Viva Wallet it is business as usual. The Company continues to grow in line with its strategy, which has been mutually agreed by its two shareholders.”