On December 10, 2014, Michael J. Brown, Chairman and CEO of Euronet Worldwide Inc. was appointed by the Board of Directors of Euronet to assume the role of President of Euronet. Mr. Brown will serve asChairman, CEO and President of Euronet. Effective as of December 10, 2014, Kevin Caponecchi will become an Executive Vice President of Euronet with the title CEO, epay and EFT Asia Pacific Division" and will continue to focus on management of the epay Division, as well as Euronet's Software and EFT Asia Pacific businesses.

Also effective as of December 10, 2014, Juan Bianchi and Nikos Fountas, both Executive Vice Presidents of Euronet, will assume the titles CEO - Money Transfer Division" and CEO, EFT Europe, Middle East and Africa Division," respectively. Euronet believes these changes in offices and titles do not effect any significant change in the roles of the executives concerned, but better reflect the management responsibilities and relationships that have evolved as the company has grown over the past few years.