X0206 3 2019-12-06 0 0001591913 Innovative Payment Solutions, Inc. IPSI 0001679159 Gibbs Jimmy I 9855 WARREN H. ABERNATHY HIGHWAY SPARTANBURG SC 29301 1 Common Stock 19467891 I By Gibbs International, Inc. Common Stock 106500 I By Gibbs Investment Holdings, LLC Warrant 0.6250 2015-12-14 2020-12-11 Common Stock 40000 I By Gibbs International, Inc. These shares are held by Gibbs International, Inc. ("GII"). Jimmy I. Gibbs is an officer, director and the sole shareholder of GII. These shares are held by Gibbs Investment Holdings, LLC ("GIH"). Jimmy I. Gibbs is an equityholder of GIH. The warrant to purchase 40,000 shares of Common Stock in Innovative Payment Solutions, Inc. is held by GII. Jimmy I. Gibbs is an officer, director and the sole shareholder of GII. /s/ Jimmy I. Gibbs 2020-01-31