TIDMWISE

RNS Number : 6690K

Wise PLC

06 May 2022

Wise plc

6 May 2022

Wise Releases Quarterly Mission Update for Q1 2022 (January to March)

Wise releases its quarterly mission update for Q1 2022 (January to March) to customers today, including an update on our average fee which was 0.61% for the last quarter.

Click here to learn more.

Enquiries

Martin Adams - Director of Finance

martin.adams@wise.com

Crystal Obuck - Senior Manager Investor Relations

crystal.obuck@wise.com

Sana Rahman - Public Relations Lead

press@wise.com

Brunswick Group

Charles Pretzlik / Sarah West / Samantha Chiene

Wise@brunswickgroup.com

+44 (0) 20 7404 5959

About Wise

Wise is a global technology company, building the best way to move money around the world. With the Wise account people and businesses can hold over 50 currencies, move money between countries and spend money abroad. Large companies and banks use Wise technology too; an entirely new cross-border payments network that will one day power money without borders for everyone, everywhere. However you use the platform, Wise is on a mission to make your life easier and save you money. Co-founded by Kristo Käärmann and Taavet Hinrikus, Wise launched in 2011 under its original name TransferWise.

It is one of the world's fastest growing profitable tech companies and is listed on the London Stock Exchange under the ticker, WISE. 12 million people and businesses use Wise, which processes over GBP6 billion in cross-border transactions every month, saving customers over GBP1 billion a year.

FORWARD LOOKING DISCLOSURE DISCLAIMER

This announcement may include forward-looking statements, which are based on current expectations and projections about future events. These statements may include, without limitation, any statements preceded by, followed by or including words such as "target", "believe", "expect", "aim", "intend", "may", "anticipate", "estimate", "plan", "project", "will", "can have", "likely", "should", "would", "could" and any other words and terms of similar meaning or the negative thereof. These forward-looking statements are subject to risks, uncertainties and assumptions about Wise and its subsidiaries. In light of these risks, uncertainties and assumptions, the events in the forward-looking statements may not occur. Past performance cannot be relied upon as a guide to future performance and should not be taken as a representation that trends or activities underlying past performance will continue in the future. No representation or warranty is made or will be made that any forward-looking statement will come to pass. The forward-looking statements in this announcement speak only as at the date of this announcement.

Wise expressly disclaims any obligation or undertaking to update, review or revise any forward-looking statements contained in this announcement and disclaims any obligation to update its view of any risks or uncertainties described herein or to publicly announce the results of any revisions to the forward-looking statements made in this announcement, whether as a result of new information, future developments or otherwise, except as required by law

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END

UPDUNSSRUSUVRAR

(END) Dow Jones Newswires

May 06, 2022 10:46 ET (14:46 GMT)

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