PayPoint plc announced that Gill Barr has confirmed that she plans to retire from the board and will not stand for re-election at the company's 2024 Annual General Meeting (AGM) to be held on 1 August 2024 having completed nine years? service on the Board. In addition, Guy Parsons has confirmed that he plans to retire from the Board and will not stand for re-election at the Company's 2024 Annual General Meeting ('AGM') to be held on 1 August 2024 having supported the successful integration of the Love2Shop acquisition.

The following changes to the Board?s Committees have also been approved by the Board: Ben Wishart will succeed Rakesh Sharma as Chair of the Remuneration Committee with effect from the conclusion of the Company's 2024 AGM. Ben has over 12 months experience as a member of the Remuneration Committee as required by the UK Corporate Governance Code. Rakesh will continue to serve as the Senior Independent Director, as well as a member of the Remuneration Committee, Nomination Committee, Audit Committee and the Cyber Security and Information Technology Sub-Committee.