Ms. Maria Costa reports

GIVEX BRASIL REACHES STAGGERING 14 BILLION REAIS IN TRANSACTION VALUE, CELEBRATES UNPRECEDENTED GROWTH IN 2023

Givex Corp.'s Brazil office had an incredible year of growth, surpassing an impressive 14 billion reals in transaction value. This substantial growth underscores Givex's continuous commitment to delivering cutting-edge solutions to its expanding portfolio of clients.

Some of the key highlights of 2023 include:

• Leading jewellery brand Vivara launched its e-gift solution in the GivexHub, a central tech platform that allows Givex clients to sell their digital and physical gift cards in more than 180,000 points of sale, connecting the product to more than 120 million users of the biggest digital wallets in Brazil.
• Givex Brazil launched the Fast Shop retail chain's national digital cash back program, which benefits thousands of clients from the store's chain with specific SKU (stock-keeping unit) cash back promotions. Through Givex's technology, Fast Shop customers can now access their e-commerce and see in real time the cash back promotions that are offered per product on-line, or visit one of the more than 80 stores across Brazil to see how to guarantee cash back when shopping.
• Givex Brazil signed tech company Station by WeWork Brazil to develop its gift card program and distribute e-gift cards in the GivexHub.
• Givex Brazil pioneered a unique cash back program with one of the financial institutions of the country, introducing an innovative approach to customer rewards and engagement.
• Givex Brazil secured a major partnership with one of the country's largest hospitality chains, adding more than 500 locations to its extensive network.
• Givex Brazil signed with one of the global leaders in the food industry to launch its gift card solution in over 200 locations, its e-commerce and in the GivexHub.
• iFood Card, the gift card from iFood, achieved an outstanding milestone, surpassing 1.5 billion reals in gift card sales through the GivexHub, showcasing the platform's effectiveness in driving sales for its partners.

"Two thousand twenty-three has been an incredible year for Givex Brazil, with the signing of major clients with household names, hitting the landmark 14 billion reais in transaction value and the continued growth of the Givex Hub, and, most importantly, another year of keeping our client base satisfied with our services and technology," said Maria Costa, managing director of Givex Latin America. "We look forward to an exciting NRF [National Retail Federation] 2024, to the new project launches we are working on and to expand our technology across the country with an innovative single-promotion platform, aside from our smart gift cards and loyalty engines."

Givex Brazil also showcased its commitment to industry leadership at the WebSummit in Lisbon, Portugal, in November, 2023, reinforcing its global influence and commitment to staying at the forefront of innovation with its clients and partners.

Looking ahead to January, 2024, Givex Brazil's team is gearing up for the third official National Retail Federation's NRF 2024: Retail's Big Show in New York. The team will take part in a panel, "The Future of Customer Engagement Technology," featuring industry experts Costa, along with:

• Marina Canto, product director of Vivara, who shares: "I am excited about the invitation to participate in such an important topic for retail. Building and maintaining a good customer relationship increases loyalty, promotes trust and results in business growth."
• Frederico Nicolay, senior manager at iFood, said, "I am very happy to participate in this panel at NRF 24 and be able to talk about AI [artificial intelligence], loyalty and payment methods, three topics that are transforming the future of retail and the customer experience."
• Daniel Zanco, board member at OmniBiz Consulting, said, "I think it's very important that we discuss the future of customer engagement, at a time when retail has been under so much pressure due to changes in consumer behaviour and the extremely high cost of acquiring new customers."

Additionally, Givex Brazil is set to launch its new website in early 2024, introducing exciting tools to enhance its platform further.

About Givex Corp.

The world is changing. Givex is ready. Since 1999, Givex has provided technology solutions that unleash the full potential of engagement, creating and cultivating powerful connections that unite brands and customers. With a global footprint of over 128,000 active locations across more than 100 countries, Givex unleashes strategic insights, empowering brands through reliable technology and exceptional support. Givex's integrated end-to-end management solution provides gift cards, GivexPOS, loyalty programs and more, creating growth opportunities for businesses of all sizes and industries.