Mr. Marcel Vienneau reports

MOBI724 ANNOUNCES DECISION BY LENDER TO CONVERT $320,000 OF CONVERTIBLE DEBT INTO SHARES AND A DIRECTOR TO EXERCISE 1M WARRANTS

The holder of $320,000 of Mobi724 Global Solutions Inc.'s convertible debt issued on Oct. 6, 2016, at an interest at 8 per cent per annum, has elected to convert this final tranche of the debenture, as well as $25,600 of interest accrued. The debenture including the interest will be converted into a total of 2,304,000 shares of Mobi724 at an exercise price of 15 cents per share which was contractually agreed upon on Oct. 6, 2016.

Mobi724 also reports that pursuant to the company's announced early exercise warrant incentive program (press released on March 19, 2018) a director of Mobi724 will exercise one million warrants for proceeds of $150,000 to the company.

Marcel Vienneau, chief executive officer of Mobi724, said: "These investment actions, taken by a key debt holder to become a shareholder and by an insider to increase his stake in the company, demonstrate continued confidence in Mobi724's progress and future growth. Our plans remain on track and we anticipate that the pace of news will accelerate."

About Mobi724 Global Solutions Inc.

Mobi724, a leader in the fintech (financial technology) industry based in Montreal, Canada, offers a unique and fully integrated suite of payment, digital marketing and business intelligence solutions with a combined EMV (Europay, MasterCard and Visa) payment, card-linked offer, digital marketing and business intelligence platform that works on any card and any mobile device. Mobi724's solutions add value to all types of transactions, benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend.

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