STATEMENT: An app to pay for public transport in Menorca

(Information sent by the signatory company).

STATEMENT: An app to pay for public transport in Menorca

(Information sent by the signatory company)

Madrid, December 12, 2022

The solution has been developed by the French company Airweb, specialized in digital solutions for paying for public transport

The citizens of Menorca, in addition to tourists who visit the island, will have a mobile application to pay, with a credit card, for trips made with the island's public transport service. The agreement, promoted by the Department of Mobility of the Consell Insular de Menorca, between the French company Airweb and the three concessionary companies of the service, will allow coverage of all transport lines on the island under a single application. The application is expected to be available from January, with a view to making it fully operational during the next summer season of 2023. Initially, the solution will allow you to pay for all single tickets with different prices depending on the origin and destination of the journey with credit card, in this way this method of payment will be facilitated, which until now was not possible. However, the Menorca Island Council is already assessing the future incorporation of other transport tickets, such as multi-trip vouchers and passes with different frequency. It will be available in Spanish, Catalan and English, and adapted to the Spanish payment system, in addition to having the technology developed by airweb, a leading company in the digitization of transport tickets. Xavier Debbasch, President of Airweb states: "We are very satisfied with the confidence of the Menorca Island Council and the transport companies so that Menorca becomes the first Spanish location to have an m-Ticket system developed by airweb. Our background in France and other countries will allow the island to have a solution that simplifies access to public transport for residents and tourists. This will generate a very favorable impact on the preservation of the island." Damià Moll, Insular Director of Transport of the Menorca Island Council declares: "With the implementation of the application proposed by Airweb, we respond to a historical demand of operators and users of public transport on our island, to be able to pay for tickets by credit card. The continuous will to improve the service and the need to adapt to new needs requires constant contact with companies that allow the use of technological advances in favor of improvements towards users". The app will be available in the iOS and Android stores. About airweb airweb is a leading French company in the digitized sale of transport tickets. With the aim of simplifying daily mobility in France and other countries, the company develops mobile and digital solutions to complement its customers' MaaS offer. Established in the vicinity of Paris, airweb's teams are specialized in the deployment of iOS and Android applications, thanks to flexible technology. Developed in 2015, the airweb digital system offers public transport users a complete solution for electronic ticketing and passenger information. The company has been marketing its solutions since 2016, being present in more than 80 transport networks in France and other countries. Airweb's capital is 80% owned by Paragon ID, leader in specific identification solutions in the e-ID, Transport and Smart Cities, Traceability and Brand Protection, and Payments sectors. More information at airweb.fr .About Paragon ID Paragon ID is the leader in specific identification solutions in the e-ID, Transport and Smart Cities, Traceability and Brand Protection, and Payments sectors. Paragon ID employs almost 500 professionals and has production plants production in the United States and Europe, due to its proximity to its customers. Listed on Euronext Paris (Euronext Paris - Libellé : Paragon ID - ISIN code : FR0013318813 - Mnemonic code : PID), Paragon ID has a reference shareholder, Paragon Group, a leading provider of commercial communication of identification solutions and graphic services. Paragon Group is present in more than 20 countries with more than 9,000 employees worldwide and a consolidated turnover of €1,081 million during the 2019/20 financial year ended June 30, 2020, and a growth of 29%. More information: Paragon-Europe.com. More information on Paragon-id.com.

Contact Contact name: Bruno Piñeiro Contact description: Head of Airweb in Spain Contact telephone number: 658601725

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