Payfare Announces Re-election of Directors

Toronto, Ontario – June 2, 2022 – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY) announces that the nominees listed in the management information circular for the Company’s 2022 Annual and Special Meeting of Shareholders (the “Meeting”) were each re-elected as directors of Payfare.

Detailed results of the ballot voting for the election of directors held today on June 2, 2022, as well as the other matters voted on at the virtual Meeting are as follows:

A report of voting results for each resolution presented at the Meeting prepared in accordance with National Instrument 51-102 – Continuous Disclosure Obligations has been filed on www.sedar.com

About Payfare 

Payfare is a global financial technology company powering digital banking and instant payment solutions for today’s gig workforce. Payfare partners with leading platforms and marketplaces, such as Uber, Lyft and DoorDash, to provide financial health for their workforce. 

For further information please visit www.payfare.com or contact:

Cihan Tuncay, Head of Investor Relations and Corporate Development

1 (888) 850-2713

[email protected]