P.H.E.S. International Limited

Clarification Statement: Any Promotion or Business Matters Related to “Xpays” Are in No Way Related to X Pay

X Pay (the “Company” or “We”) has recently become aware that there is a company called “Xpays” (the “Institution”) with a similar name to our own brand name. X Pay has always operated in a lawful and compliant manner. In order to prevent any public confusion or doubts about our services, X Pay hereby declares that any promotion or business matters related to the “Xpays” institution are in no way related to or never carried out by X Pay.