Mint Payments Limited announced the following changes to the Board and the formal adoption of a Board renewal/rotation policy in line with the company's corporate governance statement. In line with this approach, Director Andrew Teoh has expressed his desire to step down from the main Board of Mint Payments so that he can focus on his executive responsibilities as the Managing Director of the Company's Asia based subsidiary ­ Mint Payments Asia Pte. Ltd. Due to his extensive travel and work commitments executing the Company's strategic growth agenda in Asia, Andrew felt that it was the right time for him to concentrate fully on the growing number of opportunities in Asia that are significant and important for the Company's long term future.