Wameja, a joint venture partner with Mastercard in the HomeSend global payment hub, provides a further update regarding the Scheme of Arrangement proposed under the Scheme Implementation Agreement with Burst Acquisition Co. Pty. Ltd, a company controlled by Mastercard (Mastercard), as announced on 10 September 2020. In its announcement of 23 October 2020, Wameja advised that Seamless Distribution Systems AB, the purchaser under the sale and purchase agreement for the sale of Wameja's core business that completed on 25 July 2019 ("SPA"), had given notice of a potential claim under the indemnity given by Wameja to Seamless in the SPA in respect of licences for certain third party intellectual property utilised by Botswana Telecommunications Corporation Limited ("BTC"), as a user of eServGlobal's "Paymobile" platform. In its announcement of 5 November 2020, Wameja advised that Seamless had notified it of the potential for further claims under the indemnity in the SPA regarding third party intellectual property utilised in eServGlobal's "Paymobile" platform across multiple customers, including BTC. The audit of the third party intellectual property embedded in the Paymobile platform utilised by BTC, as announced on 3 December 2020, is progressing and Wameja is managing the audit. Wameja maintains its view that the potential for a legitimate material claim under the indemnity in the SPA is very low. The Wameja board remains optimistic that the Potential Indemnity Claims will be resolved. Both Wameja and Mastercard remain committed to the Scheme and have agreed to extend the term of the SIA to accommodate a revision to the indicative transaction timetable for the Scheme that is set out in the announcement of 3 December 2020.