Newt Announces Appointment of Sergio Maya Aleman as CEO of Latin America

July 15, 2019​ – Toronto, Ontario – Newt Corporation (“Newt” or the “Company”) is
pleased to announce the appointment of ​Sergio Maya Aleman as Chief Executive
Officer of Latin America
​, effective immediately.

Mr. Sergio Maya Aleman will oversee the Company’s ongoing operations in Latin
America, strengthen its presence in the market, and assist positioning Newt for
further expansion into Latin American territories and beyond.

Mr. Maya Aleman is an established and successful executive, with over ​20+ years of
in the private and public sector in Mexico. Mr. Maya Aleman’s long
track record of managing technology companies and large teams is exceptional. He
has held the positions of Controller and Chief of Security at ​Interjet Airlines,
Mexico’s third largest airline, as well as Financial, Accountability and Fiscal roles
for ​Municipal and State Governments in Mexico. Mr. Aleman has provided
platforms for Carso Group – Carlos Slim’s Educational Platform, in addition to
programs for the ​Senate of Mexico. ​He has been awarded the ​Technological Merit
Award by the Government 
of Mexico granted by CONACYT in 2009, as well as
the recognition of ENDEAVOUR for an innovative business model in 2009.

Mr. Maya Aleman holds a degree from ​Harvard Business School Executive
Education Program 
​and an ​MBA degree ​from the Instituto Tecnológico Autónomo
de Mexico (ITAM).

“We are very pleased that Mr. Aleman has accepted the role of ​CEO of Latin
America at Newt
​,” stated Steven Hoffmann, Newt’s CEO and Chairman. “His
extensive experience in the telecom, finance, and technology sector with operational
background in Mexico will be of tremendous benefit, and his proven track record of

developing projects and producing results will be invaluable as the Company
advances its corporate strategy in Latin America.”

Mr. Maya Aleman stated: “I am excited to be a part of what I envision to be a
steady growth period for Newt in Latin America and beyond. I look forward to
leading the Company’s founders vision through this transformational stage. We are
seeing significant opportunities to expand in Latin American markets. I also look
forward to optimizing current operations and creating value by both growth and
productivity enhancement.”

About Newt

Newt Corporation is a Canadian Company that aims to become a Fintech Leader in
Prepaid and Bill Payment transfers, as well as mobile and digital online payments
and services. Utilizing the latest payment processing technologies, Newt provides
merchants, consumers, and the unbanked population with cashless mobile payment
services, rechargeable prepaid cards, and other services.

Newt’s next generation payment transfer solutions use new methods for international
digital transfers. The company’s platform has been designed from the ground up for
modern digital transfers with an ecosystem with full configurability, open API
integration, and enhanced value-added services.

For more information, visit ​​.
For further information, please contact:

Newt Corporation
100 King St. West, Suite 5700
Toronto, ON M5X 1C7

Forward – Looking Information

Certain information set forth in this news release may contain forward – looking information
that involve substantial known and unknown risks and uncertainties. This forward – looking
information is subject to numerous risks and uncertainties, certain of which are beyond the

control of the Company, including, but not limited to, the impact of general economic
conditions, industry conditions, failure to enter into a definitive agreement and complete the
Acquisition, and dependence upon regulatory approvals. Readers are cautioned that the
assumptions used in the preparation of such information, although considered reasonable at
the time of preparation, may prove to be imprecise and, as such, undue reliance should not
be placed on forward – looking information. The parties undertake no obligation to update
forward – looking information except as otherwise may be required by applicable securities

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