Ann: Notice to remove directors received from Merchant, page-100

Further, Ms. Riley has requested that her base compensation be reset to $200,000 USD, as of July 1
2016. Given the company’s focus on scaling revenue and profitability, Ms. Riley has requested that future
cash incentives be tied to specific revenue and EBITDA targets set by the Board. Ms. Riley will be eligible
for future equity incentives beginning March 2017, which would be subject to shareholder approval.