Payfare (PAY) Investor update summary

Meeting organization and quorum

• Special meeting was properly called in accordance with legal and regulatory requirements.

• Quorum was established with 67 shareholders by proxy and at least two in person, representing 71.06% of outstanding shares.

• Voting was restricted to registered shareholders and duly appointed proxy holders.

Plan of arrangement and voting procedures

• The meeting's main purpose was to consider and approve a special resolution for a plan of arrangement involving Payfare Inc., Fiserv, Inc., and 1517452 B.C. Ltd.

• Approval required a two-thirds majority of votes cast and a simple majority excluding certain related parties, per Multilateral Instrument 61-101.

• Voting was conducted electronically, with clear instructions provided for participation and question submission.

Voting results and conclusion

• The special resolution was approved, with 83.3% of votes cast in favor and 80.3% in favor after excluding related parties.

• No further business was raised, and the meeting was formally concluded.