EX-31.1 2 ex311.htm EXHIBIT 31.1 ex311
 
 
1
Exhibit 31.1
CERTIFICATION
 
OF PRINCIPAL
 
EXECUTIVE OFFICER
 
PURSUANT TO RULES 13A-14(A) AND 15D-14(A)
 
UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED
 
I, Chris G.B. Meyer,
 
certify that:
 
1.
 
 
I
 
have
 
reviewed
 
this
 
quarterly
 
report
 
on
 
Form
 
10
-
Q
 
of
 
Net
 
1
 
UEPS
 
Technologies,
 
Inc.
 
(“Net1”)
 
for
 
the
 
quarter
 
ended
 
December
 
31, 2021;
 
2.
 
 
Based
 
on
 
my
 
knowledge,
 
this
 
report
 
does
 
not
 
contain
 
any
 
untrue
 
statement
 
of
 
a
 
material
 
fact
 
or
 
omit
 
to
 
state
 
a
 
material
 
fact
 
necessary to
 
make the
 
statements made,
 
in light
 
of the
 
circumstances under
 
which such
 
statements were
 
made, not
 
misleading with
respect to the period covered by this report;
 
3.
 
 
Based
 
on
 
my
 
knowledge,
 
the
 
financial
 
statements,
 
and
 
other
 
financial
 
information
 
included
 
in
 
this
 
report,
 
fairly
 
present
 
in
 
all
 
material
 
respects
 
the
 
financial
 
condition,
 
results
 
of operations
 
and
 
cash flows
 
of Net1
 
as of,
 
and for,
 
the period
 
s
 
presented
 
in
 
this
report;
 
4.
 
 
I
 
am
 
responsible
 
for
 
establishing
 
and
 
maintaining
 
disclosure
 
controls
 
and
 
procedures
 
(as
 
defined
 
in
 
Exchange
 
Act
 
Rules
 
13a
-
15(e)
 
and 15d-15(e))
 
and
 
internal control
 
over financial
 
reporting (as
 
defined
 
in Exchange
 
Act Rules
 
13a-15(f)
 
and 15d-15(f))
 
for
Net1 and have:
 
 
(a)
 
Designed
 
such
 
disclosure
 
controls
 
and
 
procedures,
 
or
 
caused
 
such
 
disclosure
 
controls
 
and
 
procedures
 
to
 
be
 
designed
 
under our supervision,
 
to ensure that material
 
information relating to Net1,
 
including its consolidated subsidiaries,
 
is made known to
us by others within those entities, particularly during the period in which this report
 
is being prepared;
 
 
(b)
 
Designed
 
such
 
internal
 
control
 
over
 
financial
 
reporting,
 
or
 
caused
 
s
uch
 
internal
 
control
 
over
 
financial
 
reporting
 
to
 
be
 
designed under our supervision, to provide reasonable
 
assurance regarding the reliability of financial reporting and the preparation
 
of
financial statements for external purposes in accordance with genera
 
lly accepted accounting principles;
 
(
c
)
 
Evaluated
 
the
 
effectiveness
 
of
 
Net1’s
 
disclosure
 
controls
 
and
 
procedures
 
and
 
presented
 
in
 
this
 
report
 
our
 
conclusions
 
about the
 
effectiveness
 
of the
 
disclosure controls
 
and procedures,
 
as of
 
the end
 
of the
 
period covered
 
by this
 
report based
 
on such
evaluation; and
 
 
(
d
)
 
Disclosed
 
in
 
this
 
report
 
any
 
change
 
in
 
Net1’s
 
internal
 
control
 
over
 
financial
 
reporting
 
that
 
occurred
 
during
 
Net1’s
 
most
 
recent
 
fiscal
 
quarter
 
that
 
has
 
materially
 
affected,
 
or
 
is
 
reasonably
 
likely
 
to
 
materially
 
affect,
 
Net1’s
 
internal
 
control
 
over
financial reporting; and
 
5.
 
 
I
 
have
 
disclosed,
 
based
 
on
 
our
 
most
 
recent
 
evaluation
 
of
 
internal
 
c
ontrol
 
over
 
financial
 
reporting,
 
to
 
Net1’s
 
auditors
 
and
 
the
 
Audit Committee of Net1’s
 
Board of Directors (or persons performing the equivalent functions):
 
 
(a)
 
All
 
significant
 
de
ficiencies
 
and
 
material
 
weaknesses
 
in
 
the
 
design
 
or
 
operation
 
of
 
internal
 
control
 
over
 
financial
 
reporting
 
which
 
are
 
reasonably
 
likely
 
to
 
adversely
 
affect
 
Net1’s
 
ability
 
to
 
record,
 
process,
 
summarize
 
and
 
report
 
financial
 
information; and
 
 
(b)
 
Any
 
fraud,
 
whether
 
or
 
not
 
material,
 
that
 
involves
 
management
 
or
 
other
 
employees
 
who
 
have
 
a
 
significant
 
role
 
in
 
Net1’s internal control over
 
financial reporting.
 
Date: February 9, 2022
 
 
/s/ Chris G.B. Meyer
 
 
 
Chris G.B. Meyer
 
 
 
Group Chief Executive Officer