International Money Express Inc

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PART I

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-K may contain certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act, as amended, which reflect our current views with respect to certain events that are not historical facts but could have an effect on our future performance, including but without limitation, statements regarding our plans, objectives, financial performance, business strategies, projected results of operations, and expectations for the Company. Such forward-looking statements include all statements regarding the suspension of an evaluation by the Company's Board of Directors (“Board”) of strategic alternatives, including exploring options for a potential sale in a private transaction.

These statements may include and be identified by words or phrases such as, without limitation, “would,” “will,” “should,” “expects,” “believes,” “anticipates,” “continues,” “could,” “may,” “might,” “plans,” “possible,” “potential,” “predicts,” “projects,” “forecasts,” “intends,” “assumes,” “estimates,” “approximately,” “shall,” “our planning assumptions,” “future outlook,” “currently,” “target,” “guidance,” and similar expressions (including the negative and plural forms of such words and phrases). These forward-looking statements are based largely on information currently available to our management and on our current expectations, assumptions, plans, estimates, judgments, projections about our business and our industry, and macroeconomic conditions, and are subject to various risks, uncertainties, estimates, contingencies and other factors, many of which are outside our control, that could cause actual results to differ materially from those expressed or implied by such forward-looking statements and could materially adversely affect our business, financial condition, results of operations, cash flows and liquidity. Factors that could cause or contribute to such differences include, but are not limited to, those described in Item 1A, “Risk Factors” in this Annual Report on Form 10-K and the following:

•changes in applicable laws or regulations;

•factors relating to our business, operations and financial performance, including:

◦potential adverse effects on the Company’s stock price from the suspension of the Board's strategic alternatives evaluation process;

◦our success in expanding customer acceptance of our digital services and infrastructure, as well as developing, introducing and marketing new digital and other products and services;

◦new technology or competitors that disrupt the current money transfer and payment ecosystem, including the introduction of new digital platforms;

◦loss of, or reduction in business with, key sending agents;

◦our ability to effectively compete in the markets in which we operate;

◦economic factors such as inflation, the level of economic activity, recession risks and labor market conditions, as well as volatility in market interest rates;

◦international political factors, including ongoing hostilities in Ukraine and the Middle East, political instability, tariffs, including the effects of tariffs on domestic markets and industrial activity and employment, border taxes or restrictions on remittances or transfers from the outbound countries in which we operate or plan to operate;

◦volatility in foreign exchange rates that could affect the volume of consumer remittance activity and/or affect our foreign exchange related gains and losses;

◦changes in immigration laws and their enforcement, including its effects on the level of immigrant employment and earning potential;

◦consumer confidence in our brands and in consumer money transfers generally;

◦expansion into new geographic markets or product markets;

◦our ability to successfully execute, manage, integrate and obtain the anticipated financial benefits of key acquisitions and mergers;

◦the ability of our risk management and compliance policies, procedures and systems to mitigate risk related to transaction monitoring;

◦consumer fraud and other risks relating to the authenticity of customers’ orders or the improper or illegal use of our services by consumers, sending agents or digital partners;

◦cybersecurity-attacks or disruptions to our information technology, computer network systems, data centers and mobile devices applications;

◦our ability to maintain favorable banking and paying agent relationships necessary to conduct our business;

◦bank failures, sustained financial illiquidity, or illiquidity at the clearing, cash management or custodial financial institutions with which we do business;

◦changes to banking industry regulation and practice;

◦credit risks from our agents, digital partners and the financial institutions with which we do business;

◦our ability to recruit and retain key personnel;

◦our ability to maintain compliance with applicable laws and regulatory requirements, including those intended to prevent use of our money remittance services for criminal activity, those related to data and cybersecurity protection, and those related to new business initiatives;

◦enforcement actions and private litigation under regulations applicable to money remittance services;

◦changes in tax laws in the countries in which we operate;

◦our ability to protect intellectual property rights;

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◦our ability to satisfy our debt obligations and remain in compliance with our credit facility requirements;

◦public health conditions, responses thereto and the economic and market effects thereof;

◦the use of third-party vendors and service providers;

◦weakness in U.S. or international economic conditions; and

•other economic, business and/or competitive factors, risks and uncertainties, including those described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of this Annual Report on Form 10-K, as well as any additional risk factors that may be described herein or in our other filings with the SEC from time to time.

Accordingly, all forward-looking statements that are made or attributable to us are expressly qualified in their entirety by this cautionary notice. The forward-looking statements included herein are only made as of the date of this Annual Report on Form 10-K. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.