Director Declaration and Board Committee Update

03 June 2020

Network International Holdings Plc

Notification of Director's other appointment and

Changes to the Composition of Board Committees

In accordance with the requirements of Listing Rule 9.6.14(2), Network International Holdings Plc (the 'Company') reports that it has been notified that Ali Mazanderani, Independent Non-Executive Director of the Company, has been appointed as a director of Net 1 UEPS Technologies, Inc.

Separately, and in accordance with the requirements of Listing Rule 9.6.11(R), Company announces the following changes to the composition of its Board Committees:

AUDIT COMMITTEE

Ali Mazanderani, has become a member of the Audit & Risk Committee with effect from 2nd June 2020.

REMUNERATION COMMITTEE

Darren Pope, Senior Independent Non-Executive Director, and Dr Habib Al Mulla, Independent Non-Executive Director, stood down as members of the Remuneration Committee with effect from 2nd June 2020.

Following these changes, the membership of each of these committees is as follows:

 Audit & Risk Committee: Darren Pope (Chair), Victoria Hull, Anil Dua and Ali Mazanderani.

 Remuneration Committee: Victoria Hull (Chair), Ron Kalifa and Ali Mazanderani.

Jaishree Razzaq

Chief Risk Officer & Group Company Secretary

Network International Holdings Plc

Enquiries

Network International [email protected]

Amie Gramlick: Head of Investor Relations

Finsbury [email protected]

James Leviton, Andy Parnis: Media Relations