Board changes

Summary by AI ^BETAClose X

CAB Payments Holdings plc announced that Kushagra Saxena will step down as a Non-executive Director following the Annual General Meeting today, as he is pursuing an executive role elsewhere. Saxena provided valuable advice on the company's digital, technology, and stablecoin strategies. The Board will continue to comprise individuals with diverse expertise in FX, Payments, and Banking, with independent non-executive directors forming more than half of its members.

Disclaimer*

CAB Payments Holdings PLC

29 April 2026

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CAB Payments Holdings plc and its subsidiaries

("CAB", "CAB Payments", the "Group" or the "Company")

Board changes

Kushagra ('Kush') Saxena has informed the Board of Directors of the Company (the 'Board') that he wishes to step down from his roles as Non-executive Director of the Company and Non-executive Director of Crown Agents Bank Limited in order to pursue an executive role at another organisation.

Kush's resignation will take effect following the Annual General Meeting this afternoon and, as a result, the resolution relating to his formal election at the 2026 Annual General Meeting will be withdrawn.

Kush has advised the Board and Management on a wide range of topics including the Company's digital, technology and stablecoin strategies. The Board thanks him for his valuable contributions and wishes him well for the future.

Following Kush's resignation, the Board will continue to consist of individuals who bring diverse experiences and viewpoints across the FX, Payments and Banking sectors and a shared commitment to strong governance, with more than half of the Board comprising independent non-executive directors.

Ann Cairns, Chair of CAB Payments said:

"Kush brought energy, expertise and insights to our Board. We thank him warmly for his contributions and wish him every success in his new executive role."

This notification is made in accordance with UKLR 6.4.6R(2)

About CAB Payments:

CAB Payments, via its operating subsidiary Crown Agents Bank Limited, exists to deliver prosperity to the markets we serve. With a network built over more than 180 years, we connect the world's hardest-to-reach financial markets to the global economy, moving money across 125 currencies and 800+ currency pairs via API, digital platforms or bespoke solutions. Crown Agents Bank Limited is one of the first banks to achieve B Corporation™ status and holds the Platinum Sustainability Rating from EcoVadis, ranking within the top 1% of companies assessed globally.

LEI 8945007OZHZDN4LW1G21

For further information, please contact:

CAB Payments Holdings plc

Gaurav Patel, Head of Investor Relations

ir@cabpayments.com

www.cabpayments.com

FTI Consulting

(Public Relations Adviser to CAB Payments)

Edward Bridges

Katherine Bell

cabpayments@fticonsulting.com

+44 (0) 7768 216 607

+44 (0) 7976 870 961

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