TIDMBOKU

RNS Number : 2198A

Boku Inc

22 September 2022

22 September 2022

Boku, Inc.

("Boku" or the "Company")

APPOINTMENT OF NON-EXECUTIVE DIRECTORS

Boku (AIM: BOKU), a leading provider of mobile payment solutions, is pleased to announce that Meriel Lenfestey and Loren I. Shuster have been appointed as independent non-executive directors of the Company with immediate effect. Meriel Lenfestey will be appointed as Chair of the Company's Remuneration Committee and will also be a member of the Audit Committee, while Loren I. Shuster will be a member of both the Remuneration Committee and Audit Committee.

Meriel Lenfestey is an experienced customer focused technology entrepreneur and adviser, having worked across multiple sectors. She has been a member of several boards of companies listed on the London Stock Exchange and is currently a non-executive director on the boards of International Public Partnerships Ltd, Bluefield Solar Income Fund Ltd and Ikigai Ventures, as well as some private and third sector roles.

Loren I. Shuster currently serves as the Chief People Officer & Head of Corporate Affairs on the Executive Leadership Team at LEGO Group. Before joining the LEGO Group, he held senior leadership positions within commercial and marketing at Google, and before that at Nokia and other multinationals. Loren is also a Board Trustee of the Institute of Business Ethics in the UK.

Jon Prideaux, Boku CEO, commented : "We are delighted to welcome Meriel and Loren to the Board. They both bring with them valuable experience and varied expertise which will undoubtedly be of great benefit to the Board and our committees. We look forward to working with them as we grow the Company."

Enquiries:

Boku, Inc.

Jon Prideaux, Chief Executive Officer

+44 (0)20 3934 6630

Keith Butcher, Chief Financial Officer

Peel Hunt LLP (Nominated Adviser and Broker)

+44 (0)20 7418 8900

Paul Gillam / Tom Ballard / James Smith

IFC Advisory Limited (Financial PR & IR)

+44 (0)20 3934 6630

Tim Metcalfe / Graham Herring / Florence Chandler

Notes to Editors

Boku Inc. (AIM: BOKU) is a leading global provider of mobile payment solutions. Its mobile-first payments network provides multiple mobile payment methods, including mobile wallets, direct carrier billing, and real-time payments schemes, reaching over 7 billion mobile payment accounts in 91 countries - all through a single integration.

Customers that trust Boku to simplify sign-up, acquire new paying users and prevent fraud include global leaders such as Amazon, Apple, Facebook, Google, Microsoft, Netflix, PayPal, Sony, Spotify and Tencent.

Boku Inc. was incorporated in 2008 and is headquartered in London, UK, with offices in the US, India, Brazil, China, Estonia, France, Germany, Indonesia, Japan, Singapore, Spain, Taiwan and Vietnam.

To learn more about Boku Inc., please visit: https://www.boku.com

Appendix

The following information is disclosed under AIM Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies:

Meriel Catherine Lenfestey (aged 52 years).

Meriel Lenfestey is also known as Meriel Yates (maiden name).

Current directorships or partnerships:

Art for Guernsey

Aurigny Air Services Limited

Bluefield Solar Income Fund Limited

Gemserv Limited

International Public Partnerships Limited

Ikigai Ventures Limited

JT Group Limited

Previous directorships:

Arts for Impact

Exchange Platform Solutions Limited

Guernsey Enterprise Agency

MXC Capital Limited

Loren Ian Shuster (aged 52 years)

Current directorships or partnerships:

Institute of Business Ethics

Both Meriel Lenfestey and Loren Shuster hold no shares in the Company.

There is no further information required to be disclosed in respect of the above appointments pursuant to Schedule Two (g) of the AIM Rules for Companies.

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September 22, 2022 02:01 ET (06:01 GMT)

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