Ann: Full Year Statutory Accounts 2022, page-2

...."The ClearPay JV will pay the Developer (Probanx Solutions Ltd: incorporated in Cyprus) $4.5 million to
develop the DvP Platform and 25% of the ClearPay JV monthly gross profits for the duration of the
maintenance period (first two years from the date of the first commercial settlement of a security by a
participant on the DvP Platform or “Operations Date”). As at 30 June 2022 ClearPay JV has a contractual
commitment for $3.4 million to the Developer (Probanx Solutions Ltd). All transactions between the two
entities are deemed to be on a commercial basis and at arm's length."