Effective September 13, 2018, Zoompass Holdings, Inc. announced that Stephen Roberts and Jon Tondeur resigned from the Board of Directors of the Company. The remaining director, Rob Lee, appointed Mahmoud (Moody) Hashem, Mahendra Naik and Nayeem Saleem Alli to fill vacancies left by such resignations. Mr. Hashem Co-Founded Blockgration Global Corp.

in May 2018 and has served as the Chief Operating Officer since inception. Mr. Hashem also founded ZeroWire Group in January 2009 and has served Managing Director since inception. Mr. Naik has been a director of BitGold Inc. since June 2015.

He was a director of IAMGOLD Corporation from 2000 to 2015, a director of First Global Data Corp. from 2013 to 2015, and a director of Fortune Minerals Limited from 2006 until 2015. Mr. Alli was a founder of First Global Data Corp.

in November 2012, and has served as the Chief Financial Officer since inception. Mr. Lee also appointed Mr. Alli the Chief Executive Officer of the Company, effective as of September 17, 2018, and Mr. Hashem the Chief Operating Officer, effective as of September 13, 2018, and Manish Grigo the Chief Financial Officer, effective as of September 13, 2018. Mr. Grigo has spent over ten years as a Technology Analyst with various boutique investment banking firms in Toronto; where he covered a wide range of technology sectors ranging from Gaming, FinTech and Telcos.

He also spent a year with a gold mining company as their Investor Relations and Corporate Development Director. Since 2017 he has been working as an independent consultant and advising companies on their capital markets strategies. Mr. Lee resigned from all positions with the Company, including as a member of the board, effective September 17, 2018.

As of September 17, 2018, the Board will consist of three members, Mssrs. Hashem, Alli and Naik, and the management team will consist of Mssrs. Hashem (COO), Alli (CEO) and Grigo (CFO).