You also need to be aware that there are some strict rules we need to follow including how we
must avoid speaking publicly about the SPAC process, such as via social media, or make any public comments about our business metrics and financials. Please look out for an email from Elliott
on this later today.
I am also hosting some All Hands calls tomorrow during which I will be able to talk through this news in a little more detail and
take your questions.
For today, I simply want to close by saying a huge thank you to the many Paysafe team members who have been working
tirelessly behind the scenes to get us to us to this point. There are too many to mention individually, but it was a superb example of a highly collaborative team effort involving colleagues from M&A, legal, HR, finance, IT and marketing amongst
others. I have been humbled by your focus, energy levels and team spirit these past weeks.
And I also want to express my deep gratitude to all of you, in
general, for the ongoing part you play every day in making this such a great company. Without your continued hard work, pioneering spirit and deep passion, we wouldnt have reached this momentous milestone.
These are exciting times!
Philip McHugh
CEO
Additional Information and Where to Find It
In connection with the proposed business combination, a registration statement on Form F-4 (the Form F-4) is expected to be filed by Paysafe Limited, a newly formed exempted limited company incorporated under the laws of Bermuda (Paysafe), with the SEC that will include a proxy statement of FTAC
that will also constitute a prospectus of Paysafe. FTACs shareholders and other interested persons are advised to read, when available, the Form F-4, including the preliminary proxy statement/prospectus
and the amendments thereto and the definitive proxy statement/prospectus and documents incorporated by reference therein, as well as other documents filed with the SEC in connection with the proposed business combination, as these materials will
contain important information about PGHL, FTAC, and the proposed business combination. Such persons can also read FTACs Registration Statement on Form S-1 (SEC File
No. 333-240285), for a description of the security holdings of FTACs officers and directors and their respective interests as security holders in the consummation of the proposed business
combination. When available, the definitive proxy statement/prospectus will be mailed to shareholders of FTAC as of a record date to be established for voting on the proposed business combination. Shareholders will also be able to obtain copies of
such documents, without charge, once available, at the SECs website at www.sec.gov, or by directing a request to: Foley Trasimene Acquisition Corp. II, 1701 Village Center Circle, Las Vegas, NV 89134, or (702)
323-7330.
FTAC, PGHL, Paysafe and their respective directors, executive officers and other members of their
management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of FTACs shareholders in connection with the proposed business combination. Investors and security holders may obtain more detailed
information regarding the names, affiliations and interests of FTACs directors and executive officers in FTACs Registration Statement on Form S-1 (SEC File
No. 333-240285), which was filed with the SEC on August 13, 2020. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of FTACs
shareholders in connection with the proposed business combination will be set forth in the proxy statement/prospectus for the proposed business combination when available.