Announcement 28 June 2021.In part...New strategic partnership...

Announcement 28 June 2021.

In part...

New strategic partnership provides entry into rapidly growing UAE and Saudi markets, estimated
to be US$7 billion and US$11 billion in market size respectively
● Expansion of technology to provide white-label offeringaccelerates growth opportunities and
broadens future revenue streams
● Demonstrates complementary nature of Splitit solution in offering a credit card-based BNPL
alternative for higher-value purchases

and...

“Having expanded our platform capability, we can now also offer white-label solutions as a way to
enter new regions such as the Middle East by partnering with established players that already have a
strong market presence. While we remain focused on further penetration of Splitit’s branded product
in the US, APAC and Europe, this provides a new low-cost, high-margin revenue stream which we can
easily emulate in other markets,” added Mr. Paterson.


But agree the precise percentage is not stated and never has been.

EB