Lesaka enters new employment arrangement with CEO Steven Heilbron through June 2025; base salary $350K + equity awards

LESAKA TECHNOLOGIES INC

New fixed-term employment from Jan. 1, 2023 to June 30, 2025; annual base salary $350,000.
Eligible for performance bonus of 60%–120% of base; FY2023 cash incentive unchanged.
Sign-on award of 300,000 shares vested immediately; 225,000 RSUs vest June 2024 and conditional 225,000 vest June 2025.
Non-competition 3 months; non-solicitation 24 months; existing restraint extended to Sept. 30, 2025.
Heilbron will focus on Group Strategy, M&A and Special Projects.

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