• Acquisition of 100% of Paymark, a leading payments service provider in New Zealand
• Paymark acquisition expected to be mid-single digit EPS accretive in FY27 and deliver mid-teens ROIC
• Acquisition to be funded by a fully underwritten A$30 million institutional placement and up to A$3 million non-underwritten share purchase plan

Cuscal Limited (ASX: CCL) has entered into an exclusive arrangement with Retail International Holding S.A.S. (Worldline) to acquire 100% of the issued share capital and associated equity interests in Paymark Limited (trading as Worldline New Zealand), a leading payments service provider in New Zealand, for total cash consideration of A$27 million. The acquisition will enhance Cuscal's scale, geographic diversification and future growth opportunities, as Paymark has similar operations to Cuscal's Australian acquiring and switching business and is a key component of the New Zealand payments system infrastructure. The acquisition is expected to be mid-single digit EPS accretive in FY27 and deliver mid-teens Return on Invested Capital (ROIC) in FY27. The cash consideration and transaction costs will be funded by an equity raising comprising a fully underwritten A$30 million institutional placement and a non-underwritten up to A$3 million share purchase plan. Following completion of the acquisition, Cuscal is expected to have a CET1 ratio of ~18%-19%, in line with Cuscal's target range and above regulatory minimums. Cuscal reaffirms its FY26 guidance and expects to drive long-term value creation with ROIC expected to be in excess of 25% following completion of Paymark's switch investment program.

Cuscal continues to expect high-single-digit transaction volume growth to translate to mid-teens full financial year 2026 Underlying NPAT growth (%).