The Board of Directors of ManagePay wishes to announce that Dato’ Mohamad Kamarudin Bin Hassan, an Independent Non-Executive Director of the Company has been appointed as a Member of Nomination Committee (NC) and Chairman of Remuneration Committee (RC) with effect from 15 August 2014.

Following the above appointments, the composition of the NC and RC shall be as follows:-

Nomination Committee

1. Mr Cheong Chee Yun, NC Chairman (Independent Non-Executive Director)

2. Dato’ Mohamad Kamarudin Bin Hassan, NC Member (Independent Non-Executive Director)

Remuneration Committee

1. Dato’ Mohamad Kamarudin Bin Hassan, RC Chairman (Independent Non-Executive Director)

2. Mr Chew Chee Seng, RC Member (Managing Director/Chief Executive Officer)

3. Mr Cheong Chee Yun, RC Member (Independent Non-Executive Director).

This announcement is dated 15 August 2014.