Effective February 7, 2018, the Board of Directors of MoneyOnMobile, Inc. elected Mr. Gordienko Oleg and Mr. Max V. Shcherbakov as members of the Board. Gordienko Oleg, age 41, has over 20 years of experience in the financial market. Currently, and from September 2017, Mr. Oleg serves as Investment Director at S7 Airlines. Mr. Oleg has approximately 14 years’ working experience at Raiffeisen Bank since 2003. Max V. Shcherbakov, age 53. Since 2008, Mr. Shcherbakov has served as Managing Partner at Aurora Capital Worldwide, a private investment company.