The Board of CAB Payments excluding Henry Obi and Nitin Kaul (the ‘Independent Board’) noted the recent announcement made by StoneX Group Inc regarding a possible offer from StoneX for CAB Payments.

The Independent Board confirmed that on 15 March 2026 it received an unsolicited non-binding proposal from StoneX relating to a possible offer for the entire issued and to be issued share capital of CAB Payments at a price of 95 pence per CAB Payments share in cash. The Possible Offer is subject to the satisfaction or waiver of a number of pre-conditions as set out in the StoneX Announcement.

The Independent Board is currently evaluating the Possible Offer with its financial and legal advisers.

In evaluating the Possible Offer, the Independent Board will take into account the significant improvement in the Company’s financial and operational performance in FY25 and both the strategic and financial guidance provided to the market at the Company’s results.

There can be no certainty that any offer will be made by StoneX.

CAB Payments shareholders are advised to take no action at this time.