Mr. Joseph Arrage reports

CLIP MONEY INC. ANNOUNCES CHANGES TO BOARD OF DIRECTORS

Daren Trousdell has resigned as a director of Clip Money Inc., effective immediately. Mr. Trousdell is a co-founder of Clip Money and has been a key contributor to the company since its inception, including serving as a board member, as chair of the governance, human resources and compensation committee, and as a member of the audit committee.

The company is pleased to announce the appointment of Stuart Mackinnon to the board of directors of the company. Mr. Mackinnon currently serves as the chief operating officer of NCR Atleos, where he has shown himself to be an exceptional leader with strong strategic vision. His experience at NCR Atleos in matters of overseeing corporate functions, product development, technology and delivery of services to customers will be invaluable to the board and the company. Prior to his current role, Mr. Mackinnon served as executive vice-president of ATM Group at NCR Banking. The company is excited to leverage Mr. Mackinnon's guidance and extensive breadth of experience to continue driving the company forward.

"With deep appreciation for Daren's contributions, I want to acknowledge the dedication and expertise he brought to our board and company. As we bid farewell to Daren in his capacity as a board member, we extend our heartfelt thanks for his efforts and contribution. We are excited to welcome Stuart as an accomplished addition to our team," said Joe Arrage (chief executive officer and co-founder).

About Clip Money Inc.

Clip Money operates a multibank self-service deposit system for businesses through its ClipDrop boxes that give users the capability of making deposits outside of their bank branch at top retailers and shopping malls. Rather than having to go to their personal bank branch or using a cash pickup service, businesses can deposit their cash at any ClipDrop box located near them. After being deposited, the funds will automatically be credited to the business's bank account, usually within one business day. The company combines functional hardware, an intuitive mobile app and an innovative cloud-based transaction engine that maximize business banking transactions. Combined with mobile user applications, Clip Money offers a cost-effective and convenient solution for business banking deposits in metropolitan statistical areas across Canada and the United States.