Mr. Gavin McMillan reports

REVOLUGROUP CANADA INC., ANNOUNCES SIMON TSU, CFA, APPOINTED AS THE NEW CHIEF FINANCIAL OFFICER AND CORPORATE SECRETARY

Revolugroup Canada Inc. has appointed Simon Tsu, CFA, CPA, as the new chief financial officer and corporate secretary, effective Oct. 1, 2023. His in-depth experience and leadership will bring significant value to the company's business operations.

Mr. Tsu will be stepping into the shoes of the CFO Jason Tong and corporate secretary Derek Sobel, who have resigned effective Sept. 30, 2023. The company extends its utmost gratitude to Mr. Tong and Mr. Sobel for their dedication, enthusiasm and passion during their tenure. Their contributions have been instrumental in shaping Revolugroup's growth trajectory and the company wishes them every success in the future.

Mr. Tsu has a wealth of financial experience underpinned by his chartered financial analyst (CFA) certification. Revolugroup is confident he will provide strong corporate governance and execute efficient management strategies, driving the company toward continued success.

Please join Revolugroup in welcoming Mr. Tsu to his new role and wishing him all the best as he embarks on this new journey.

Mr. Tso is the principal of Athena Chartered Professional Accountant Ltd., a full-cycle accounting firm that assists both private and public companies with their financial reporting, regulatory filing and taxation requirements, commonly as their controller or CFO. Mr. Tso is also a co-founder of Zeus Capital Ltd., a boutique corporate finance firm that specializes in providing financial advisory, valuation and consulting services. Prior to his current roles, Mr. Tso spent a number of years as an associate at a local corporate finance firm and as a senior accountant at a firm of chartered accountants. Mr. Tso graduated with a bachelor of commerce (finance) degree with honours from the University of British Columbia Sauder School of Business, and is both a CFA charterholder and a chartered professional accountant.

About RevoluPay

The company's flagship Neobanking technology is RevoluPay, the Apple and Android multinational payment app. Conceived entirely in-house, RevoluPay features proprietary, sector-specific technology of which the resulting source code is the company's intellectual property. RevoluPay's built-in features include remittance payments, foreign exchange, crypto-to-fiat exchange, retail and hospitality payments, real estate payments, pay-as-you-go phone top-ups, gift cards and on-line credits, utility bill payments, leisure payments, travel payments etc. RevoluPay employs blockchain protocols and is squarely aimed at the worldwide multibillion-dollar open banking sector and plus-$595-billion family remittance market. RevoluPay is operated by the European wholly owned subsidiary, RevoluPAY EP S.L., situated in Barcelona. RevoluPay is a licensed United States MSB, Canadian FINTRAC, and European PSD2 payment institution 6900 under the auspices of European Union directive 2015/2366 with EU Passporting. Revolugroup controls five wholly owned subsidiaries on four continents.

About Revolugroup Canada Inc.

Revolugroup is a multiasset, multidivisional publicly traded Canadian company deploying advanced technologies in banking, mobile apps, money remittance, mobile phone top-ups, e-gaming, health care payments, e-sports, invoice factoring, on-line travel, vacation resort, blockchain systems and fintech app sectors.

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