29 March 2023

Boku, Inc.

("Boku" or the "Company")

Vesting of Restricted Stock Units, PDMR Dealing and Total Voting Rights

The Company announces that, on 28 March 2023, 3,004,211 common shares of $0.0001 each in the Company ("Common Shares") which were held in treasury have been utilised to satisfy vested restricted stock units ("RSUs") over the Common Shares awarded to certain employees, including the PDMRs listed in the table below. This vesting triggered immediate tax liabilities that were satisfied by partial sales of Common Shares on 28 March 2023.

Jon Prideaux, CEO, vested 451,142 RSUs and, on 28 March 2023, sold 216,191 of the resultant Common Shares at a price of 136.5 pence per share to meet the tax liabilities from the vesting and dealing expenses. As a result of these transactions, Mr. Prideaux's holding in the Company increased by 234,951 Common Shares to 3,343,103 Common Shares, representing 1.12% of the issued share capital of Company.

Keith Butcher, CFO, vested 346,046 RSUs and, on 28 March 2023, sold 192,092 of the resultant Common Shares at a price of 136.5 pence per Common Share to meet the tax liabilities from the vesting, dealing expenses and for personal reasons. As a result of these transactions, Mr. Butcher's holding in the Company increased by 153,954 Common Shares to 732,860 Common Shares, representing 0.24% of the issued share capital of the Company.

Charlotta Ginman, Non-Executive Director, vested 103,276 RSUs and, on 28 March 2023, sold 48,734 Common Shares at a price of 136.5 pence per share to meet the tax liabilities from the vesting and dealing expenses. As a result of these transactions, Mrs. Ginman's holding in the Company increased by 54,542 Common Shares to 67,257 Common Shares, representing 0.02% of the issued share capital of Company.

Stewart Roberts, Non-Executive Director, vested 103,276 RSUs and, on 28 March 2023, sold 23,276 Common Shares at a price of 136.5 pence per share to meet part of the tax liabilities from the vesting and dealing expenses. As a result of these transactions, Mr. Roberts has a beneficial holding of 80,000 Common Shares, representing 0.03% of the issued share capital of Company.

Mark Stannard, PDMR, vested 310,882 RSUs and, on 28 March 2023, sold 146,699 Common Shares at a price of 136.5 pence per share to meet the tax liabilities from the vesting and dealing expenses. As a result of these transactions, Mr. Stannard's holding in the Company increased by 164,183 Common Shares to 370,409 Common Shares, representing 0.12% of the issued share capital of Company.

Adam Lee, PDMR, vested 250,000 RSUs and, on 28 March 2023, sold 86,775 Common Shares at a price of 136.5 pence per share to meet the tax liabilities from the vesting and dealing expenses. As a result of these transactions, Mr. Lee's holding in the Company increased by 163,225 Common Shares to 1,548,703 Common Shares, representing 0.52 % of the issued share capital of Company.

Christopher Newton-Smith, PDMR, vested 250,000 RSUs and, on 28 March 2023, sold 250,000 Common Shares at a price of 136.5 pence per share to meet the tax liabilities from the vesting, dealing expenses and for personal reasons.

Total Voting Rights

Following these transactions, in conformity with Rule 5.6.1 of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, the Company's total issued share capital consists of 299,380,021 Common Stock, of which 183,370 Common Stock are held in treasury. Therefore, the total number of voting rights in Boku is 299,196,651.

The above figure of 299,196,651 shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.   

Enquiries:

Boku, Inc.

Jon Prideaux, Chief Executive Officer                                                                                    +44 (0)20 3934 6630

Keith Butcher, Chief Financial Officer

Peel Hunt LLP (Nominated Adviser and Broker)                                                                +44 (0)20 7418 8900

Paul Gillam / Tom Ballard / James Smith

IFC Advisory Limited (Financial PR & IR)                                                                               +44 (0)20 3934 6630

Tim Metcalfe / Graham Herring / Florence Chandler

Notes to Editors

Boku Inc. (AIM: BOKU) is a leading global provider of mobile payment solutions. Its mobile-first payments network provides multiple mobile payment methods, including mobile wallets, direct carrier billing, and real-time payments schemes, reaching over 7 billion mobile payment accounts in 91 countries - all through a single integration.

Customers that trust Boku to simplify sign-up, acquire new paying users and prevent fraud include global leaders such as Amazon, Apple, Facebook, Google, Microsoft, Netflix, PayPal, Sony, Spotify and Tencent.

Boku Inc. was incorporated in 2008 and is headquartered in London, UK, with offices in the US, India, Brazil, China, Estonia, France, Germany, Indonesia, Japan, Singapore, Spain, Taiwan and Vietnam.

To learn more about Boku Inc., please visit: https://www.boku.com