Share Buyback Programme

Boku (AIM: BOKU), a global network of Local Payment Methods (LPMs), announces that its board of directors ("Board") has resolved to utilise its authority to repurchase up to 5% of its common stock with par value of $0.0001 per share in the capital of the Company ("Common Stock"), and hold in Treasury.

The Company currently holds 10,507,891 Common Stock in Treasury, representing approximately 3.45 per cent. of the total Common Stock in issue. The Board has now approved a share buyback programme to repurchase up to a maximum of 4,000,000 Common Stock (the "Buyback Programme").

The Board believes that the current share price undervalues the Company. The Buyback Programme represents a good investment opportunity and effective use of our growing own-cash balances, as well as reaffirming our belief in the Company's long term growth plan. Shares purchased will be held in Treasury and may be used to satisfy future obligations from warrant holders or the staff equity remuneration programme, thus minimising future dilution for shareholders.

The Company has instructed Investec Bank plc, the Company's broker, to conduct the Buyback Programme on its behalf in accordance with the authority granted by the Company's Board (the "Authority"). The Buyback Programme will be effected within certain pre-set parameters, including that the maximum price paid per Common Stock shall be no more than the lower of (a) 5 per cent. above the average of the middle market prices of the Common Stock (as derived from the London Stock Exchange Daily Official List) for the five business days immediately preceding the day of which the purchase is made; and (b) the higher of the price of the last independent trade and the highest current independent purchase bid on the trading venue on which the purchase is carried out.

The Buyback Programme will be effective from 17 March 2026 and will expire on 30 September 2026 or, if earlier, if the maximum aggregate number of Common Stock contemplated by the Buyback Programme has been purchased. At that point, the Board intends to assess whether or not to commence a further buyback programme, within the Board authority to repurchase up to 5% of the Common Stock, based on the circumstances at the time and will provide an update as appropriate.

Due to the limited liquidity in the issued Common Stock, a buyback of Common Stock pursuant to the Authority on any trading day may represent a significant proportion of the daily trading volume in the Common Stock on AIM and may exceed 25 per cent of the average daily trading volume. Accordingly, the Company will not benefit from the exemption contained in Article 5(1) of the UK version of the Market Abuse Regulation (Regulation (EU) No 596/2014) as incorporated into UK domestic law by virtue of the European Union (Withdrawal) Act 2018.

Boku, Inc.