Former Hoffmann-La Roche and Colgate-Palmolive execs join the Board

Paysafe Group plc (“Paysafe” or the “Company”) today announces the appointment of Jennifer Allerton and Karen Guerra as independent Non-Executive Directors of the Company, with immediate effect.

Jennifer Allerton brings a wealth of international experience in payments technology, data innovation, operations and IT strategy. She is the former CIO of the pharmaceutical division of Hoffmann-La Roche, where she was a member of the pharmaceutical executive committee which doubled sales and quadrupled profits in a five-year period. Before joining Hoffmann La Roche, Jennifer was Technology Director of Barclaycard and played a key role in the move to data mining and customer profiling there. Jennifer is currently a non-executive director on the boards of Sandvik AB, Iron Mountain Inc. and Aveva Group plc, and was previously on the board of Oxford Instruments plc.

Karen Guerra has significant senior-level experience in the consumer goods sector, having been Managing Director and Chairman of Colgate-Palmolive’s UK company between 1996-1999, followed by heading the larger French subsidiary between 1999-2006 operating across Oral, Personal & Household Care. Prior to Colgate, Karen worked for PepsiCo and in UK food retailing. She is a non-executive director of Davide Campari-Milano SpA, ASX listed Amcor Ltd and the FTSE 250 business Electrocomponents plc. She previously served as a non-executive director of Inchcape plc and Swedish Match AB.

Dennis Jones, Chairman, said: “I am delighted to welcome Jennifer and Karen to Paysafe. Their experience as executives and non-executives in technology and consumer markets brings an extra dimension, strength and depth to our Board that will be invaluable as Paysafe continues its rapid rate of development in the coming years.”

There are no other disclosures to be made pursuant to Listing Rule 9.6.13.