#110101010 0700 10 010 10101010101010101010101 0 1 10 101010 01010101010110101 Investor Presentation 01010 01 1010101010 0101010101010101010101010 1 10101010 0101010101 10101010 1010100001010 01000101 10 10 May 2022 04-10 010 0 0101010101 1 01010100010 1 10101010101010010 10001 0 evertec#2Forward-looking Statements Certain statements in this presentation constitute "forward-looking statements" within the meaning of, and subject to the protection of, the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance or achievements of EVERTEC to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by, or that otherwise include the words "believes," "expects," "anticipates," "intends," "projects," "estimates," and "plans" and similar expressions of future or conditional verbs such as "will," "should," "would," "may," and "could" are generally forward-looking in nature and not historical facts. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements. Various factors that could cause actual future results and other future events to differ materially from those estimated by management include, but are not limited to: the Company's reliance on its relationship with Popular, Inc. ("Popular") for a significant portion of its revenues pursuant to the Company's Master Services Agreement ("MSA") with them, and to grow the Company's merchant acquiring business; as a regulated institution, the likelihood that the Company will be required to obtain regulatory approval before engaging in certain new activities or businesses, whether organically or by acquisition, and its potential inability to obtain such approval on a timely basis or at all, which may make transactions more expensive or impossible to complete, or make us less attractive to potential sellers; the Company's ability to renew its client contracts on terms favorable to the Company, including the contract with Popular, and any significant concessions the Company may grant to Popular with respect to pricing or other key terms arising out of any disputes or in anticipation of the negotiation of the extension of the MSA, both in respect of the current term and any extension of the MSA; the Company's dependence on its processing systems, technology infrastructure, security systems and fraudulent payment detection systems, as well as on the Company's personnel and certain third parties with whom it does business, and the risks to the Company's business if its systems are hacked or otherwise compromised; the Company's ability to develop, install and adopt new software, technology and computing systems; a decreased client base due to consolidations and failures in the financial services industry; the credit risk of the Company's merchant clients, for which it may also be liable; the continuing market position of the ATH network; a reduction in consumer confidence, whether as a result of a global economic downturn or otherwise, which leads to a decrease in consumer spending; the Company's dependence on credit card associations, including any adverse changes in credit card association or network rules or fees; changes in the regulatory environment and changes in international, legal, tax, political, administrative or economic conditions; the geographical concentration of the Company's business in Puerto Rico, including its business with the government of Puerto Rico and its instrumentalities, which are facing severe political and fiscal challenges; additional adverse changes in the general economic conditions in Puerto Rico, whether as a result of the government's debt crisis or otherwise, including the continued migration of Puerto Ricans to the U.S. mainland, which could negatively affect the Company's customer base, general consumer spending, the Company's cost of operations and the Company's ability to hire and retain qualified employees; operating an international business in Latin America and the Caribbean, in jurisdictions with potential political and economic instability; the Company's ability to protect its intellectual property rights against infringement and to defend itself against claims of infringement brought by third parties; the Company's ability to comply with U.S. federal, state, local and foreign regulatory requirements; evolving industry standards and adverse changes in global economic, political and other conditions; the Company's level of indebtedness and restrictions contained in the Company's debt agreements, including the secured credit facilities, as well as debt that could be incurred in the future; the Company's ability to prevent a cybersecurity attack or breach to its information security; the possibility that the Company could lose its preferential tax rate in Puerto Rico; the possibility of future catastrophic hurricanes, earthquakes and other potential natural disasters affecting the Company's main markets in Latin America and the Caribbean; uncertainty related to the effect of the discontinuation of the London Interbank Offered Rate at the end of 2021; and the continued impact of the COVID-19 pandemic and measures taken in response to the outbreak, on the Company's resources, net income and liquidity due to current and future disruptions in operations as well as the macroeconomic instability caused by the pandemic. Consideration should be given to the areas of risk described above, as well as those risks set forth under the headings "Forward-Looking Statements" and "Risk Factors" in the reports we file with the SEC from time to time, in connection with considering any forward-looking statements that may be made by us and our businesses generally. We undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events unless we are required to do so by law. Use of Non-GAAP Measures This presentation will reference certain non-GAAP financial information. For a description and reconciliation of non-GAAP measures presented in this document, please see the appendix attached to this presentation or visit the Investor Relations section of the Evertec website at www.evertecinc.com. evertec#3Investment Highlights F0000F OFF0000 0000-000 PODOFFO oogbr-000 1 Transaction Processor Focused on Latin America 2 Resilient Business Model 3 Attractive Secular Industry Trends 4 Comprehensive and Scalable Service Offering 7-0000 -600 CooFFOOOPFO 5 Aligned Strategic Growth Initiatives evertec#41 Transaction Processor Focused on Latin America evertec#5A comprehensive and scalable end-to-end payments processor 22%* Merchant Acquiring - Front and Back-end Merchant Processing Reporting and Analytics - Loyalty and Rewards programs Customer Service and Support 24%* - Payment Services PR Payment Services LATAM Business Solutions Core Bank Processing Managed Services ATH Network - Issuing Processing - Acquiring Processing Electronic Payments Electronic Benefits Transfer (EBT) - * Percentage of LTM Q1 2022 revenue. Excludes revenue impact from Corporate & Other of $(63)mm. 17%* ATH Network - Issuing Processing - Acquiring Processing Electronic Payments - 37%* Network Management Services Cash, Item, Print and Mail Processing IT Professional Services and BPO evertec#6* that leverages regional presence for growth 2015 Today Mexico Guatemala Costa Rica Panama Upon completion of BBR acquisition in 2022 Dominican Republic Puerto Rico LatAm Revenues Employees Outside PR 2 Mexico 2015 Guatemala i Acquisition of BBR opens Peru Costa Rica Today -$38M -$106M -370 > -1,200 Panama Peru* Dominican Republic Puerto Rico Colombia Chile HOP Brazil Uruguay evertec#7led by a team of proven industry professionals Mac Schuessler President and CEO +6 years of experience with Evertec. Former President of International for Global Payments with +20 years of payment industry leadership experience Joaquin Castrillo EVP and Chief Financial Officer +10 years of experience with Evertec Formerly with PwC in the Banking and Capital Markets group Miguel Vizcarrondo EVP and Chief Commercial Officer Puerto Rico +25 years of merchant acquiring experience with Banco Popular and Evertec Diego Viglianco EVP and Chief Operating Officer Formerly CEO of Interbanking, S.A, a digital financial payments company in Argentina with +20 years of experience in transaction processing Paola Pérez EVP and Chief Administrative Officer +10 years of Compliance, Audit and HR experience with Evertec Luis A. Rodríguez EVP and Chief Legal Officer +7 years of experience with Evertec. Former Director at JP Morgan & Deutsche Bank in New York with +10 years of experience Guillermo Rospigliosi EVP and Chief Product and Innovation Officer +6 years with Evertec. Former Managing Director of Cybersource at Visa with +20 years of experience Alexandra López-Soler EVP and Chief Marketing Officer +3 years of experience with Evertec, with +20 years of experience in marketing, specializing in digital marketing Rodrigo Del Castillo EVP and Chief Commercial Officer LatAm +5 years of experience with Evertec. Former President of PayGroup with +30 years of experience in payments solutions in LatAm evertec#8W ■ with a growing record of partnerships. 2016 processa compensar powered by evertec Acquired 65% stake in Processa, a diversified payment processor Remaining participation held by Cor ensar, Colombia's second largest social fund administrator 2017 PayGroup The Payment Company ▪ Acquired 100% of EFT Group S.A., a company known commercially as PayGroup ▪ Payment processing and software services provider focused on financial institutions throughout LatAm ■ 2019 citibanamex cíti Expanded regional agreement with Citibank for a collection payment platform to include Mexico and Guatemala 4 2019 PlacetoPay Acquired 100% PlacetoPay, a Colombian-based, gateway and payment service provider currently serving Colombia and Ecuador Expanding to new markets ■ ■ 2019 Getnet by Santander 5-year processing agreement with Santander Chile, the largest bank in the country, as they move to open the merchant acquiring market Expanded relationship into Uruguay in 2022 evertec#92 Resilient Business Model evertec#10Resilient, recurring and growing revenue base Revenue Base Overview Historical Revenue, by Segment ▪ Resilient revenue base CAGR 2018-LTM2022 was ~7% 7% I ■ Long-term contracts with financial institutions, merchants, corporations and governments - Contracts typically vary between 1 to 5 years, often with automatic renewals - 15-year exclusive Master Services Agreement with Banco Popular through 2025, with contractual price adjustments In Q1 2022, Evertec entered into an agreement to modify and extend its main commercial agreements with Banco Popular, transaction expected to close mid-year 2022² Growth drivers: Innovation, product diversity, M&A (% of total) LTM2022 Revenue Breakdown, by Segment Mercha nt Payme nt Service S- LatAm, 17% Acquirin 9,22% Payme nt Busines S Solution s,37% LTM2022 Revenue Total: $601M ($ in millions) $454 $100 $81 $114 $198 ('$39) 0040 2018-LTM2022 CAGR: $487 $106 $84 $126 $217 ('$46) Merchant Acquiring Payment Services - PR & Carib. $511 $110 $85 $125 $235 ('$44) 0000 $590 $144 $106 $155 $244 ('$59) 0004 $601 $149 $110 $159 $246 ('$63) I THO000 Payment Services - LatAm Business Solutions Corporate & Other(1) Note: (1) Corporate and Other reflects the elimination of intersegment revenues. (2) On FebrSawice2022, Evertec entered into an agreement to modify and extend the main commercial agreements with Banco Popular of Puerto Rico, including a 10-year extension of the Merchant Acquiring Independent Sales Organization Agreement, a 5-year extension of the ATH Network Participation Agreementappa 3-year extension of the MSA. Banco Popular of Puerto Rico.#11Regional Scale Driving Industry Leading Margins and Financial Results Operating Scale As a Key Strategic Advantage Operating presence in 11 countries; headquartered in San Juan, Puerto Rico Commercial presence in 26 countries Operate 5 data centers with broad range of processing capabilities and certifications: - Puerto Rico (2), Colombia, Chile, and Costa Rica (% of total) 58.4% 2021 Adj. EBITDA Margin by Segment (2) 40.9% PS PR & Carib. PS LatAm 50.7% Merchant Acquiring 47.4% Business Solutions 50.2% EVTC Consolidated ($ in millions) ($ / share) Notes: (1) Non-GAAP reconciliation summary in appendix, page 18. (2) Adj. EBITDA margin by segment reconciliation summary in appendix, page 21. $212 2018 $1.84 2018 $226 2019 $1.96 2019 Adjusted EBITDA(¹) $240 2020 Adjusted EPS (1) $2.07 2020 $295 2021 $2.74 2021 $301 LTM $2.82 LTM evertec#12Attractive cash flow generation and strong liquidity Attractive cash flow generation despite headwinds Increased one-time technology spend in 2019 ~$15M for infrastructure refresh and innovation investments Resilient business model capable of significant cash. flow generation regardless of an ongoing pandemic since 2020 ■ ■ Tax grant in place through 2026 with ~4% tax rate applicable to ~70% of revenue base Net Debt / Adj. EBITDA multiple 1.3x Unrestricted cash as of 3/31/22 -$284M Liquidity as of 3/31/22 -$403M ■ (in millions) $131 2018 (in millions) LO 2.3x 2018 Increased Capex ↓ $120 2019 2.1x 2019 Free Cash Flow (1) $150 2020 Net Debt / Adj. EBITDA (5) 1.9x 2020 $162 2021 1.4x 2021 $200 LTM 1.3x LTM2022 Note: (1) Free Cash Flow is operating cash flows less capital expenditures, excluding acquisition costs. Free Cash Flow does not represent our residual cash flow available for discretionary expenditures, since we have mandatory debt service requirements or other non-discretionary expenditures that are not deducted from the measure. See reconciliation in appendix on page 19. (2) Includes higher than normal capital expenditures for technology infrastructure spending. (3) Excludes $15M related to the expansion of the FirstBank portfolio and ~$3M of debt securities. (4) Non-GAAP reconciliation for net debt/adjusted EBITDA in appendix, p.18. Net debt calculation reflects credit agreement limitation of $60 million cash applied. evertec#13Disciplined approach to Capital Deployment Target leverage of 2.0x - 3.0x Priority is investing for Growth ~ Significant cash flow generation Capacity on balance sheet, Revolver and leverage ratio to execute on M&A G Capacity of 4.0x in March 2022 Return Capital to Shareholders O Current annual dividend of ~$15M, $0.05 quarterly, per share ~$129M share repurchases authorization remaining, expiring December 31, 2023 ~$21M repurchased in Q1 2022 evertec®#143 Attractive Secular Industry Trends evertec#15Puerto Rico Costa Rica Peru Chile Colombia Argentina Mexico 2.5 2.0 1.5 1.0 Underpenetrated markets dominated by cash 0.5 0.0 $0 2.260328609 USA Mature $100 $200 $300 $400 $500 $600 $700 $800 $900 $1,000 Card Penetration 1.338185205 1.321523561 Argentina Puerto Rico GDP Source: Internally commissioned studies by external third parties 1.262781443 Chile 0.9086985 Mexico Core Markets 0.800971812 Peru 0 0.692074243 Colombia Macro trends and drivers: Size of most economies in LatAm are at least 2x as large as the Puerto Rico economy Card penetration in the region is significantly lower than mature markets Consumer spend on cards is still lagging significantly against more mature economies H I ■ 70% 60% 50% 40% 30% 20% 10% 0% 64% USA Mature I I % of Consumer Spend on Cards 43% Chile 25% Mexico 21% Colombia Core Markets 17% Peru 17% Argentina evertec#16PR economic environment improving The recent influx of federal funds, market conditions, along with stronger fiscal and operational management in PR are positively impacting Economic Indicators Economic Activity Index (EAI) Employment Thousand Individuals Labor Participation Rate Percentage Individual & Commercial Bank Deposits $USD Billions V2A CONSULTING Source: V2A Economic Dashboard; estadisticas.pr; V2A analysis 14 12 18 8 888 2013 2014 2015 1,2 £.8 00 D 2013 DO AD C D 2014 660 2016 201 201 4 5 D 2017 D D D D 2015 2016 2017 2018 D D D D 2013 2014 2015 2016 2017 2018 201 6 D 2018 201 7 201 124. 0 D20 19 97 3 D 2019 40. 42. 201 9 118. 8 10 D 2020 % 134. 6 2019 2020 1,01 D 2020 40. F 2022 +12 6K 1,13 202 0 M 2022 M 2022 202 1 The EAI increased by 4.9% since December 2020, reaching pre-pandemic levels Employment has increased by +126K since December 2020 driven by more self-employment and more payroll employment in Leisure & Hospitality, Wholesale & Retail Trade, and Health & Education Services The participation rate has increased to 44.4% in March 2022, the highest level since 2009 Liquidity of Individuals and Businesses increased by 17.4B (+41%) in the past two years evertec#174 Comprehensive and Scalable Service Offering evertec#18Comprehensive suite of value-adding payment services Merchant Acquiring A wide range of solutions to accept payments in-store, online, on apps and through other channels Acquiring Processing Acquiring processing services combined with a complete portfolio of added-value services Issuing Processing Issuing processing services combined with a complete portfolio of added-value services Exclusively for Puerto Rico Product Portfolio AL ATM T Technology and Business Solutions* MSP / MSSP, network and telecommunications, Cash, check and document management 11 Risk Management Analytical and integral fraud management solutions, designed to improve your business decision-making $ Payments and Collections Multi-channel cash management solutions for enterprises, billers, financial institutions Self-Service Network / ATMs From the driving and transaction switch to full management and monitoring of ATMs Self-Service Networks#19that enable multiple devices for different merchant needs and experiences pvot by evertec at 1 4 ingenico + evertec Link/2500 2 15 Z8 3 F 1 2 4 5 7 A Ingenico 3 6 8 9 0 O T pvot www.a pvot 13 pvot Premium fir neartopay 12 CLARO ET DOD 10:55 AM 1964 Transactions Logs Reports Contig Connect pvot Pocket 10000 POYNT ENTER DEN 00000 3000 Traditional mPOS Enter your signature Cancel Pumpkin Spice lolle Poynt Verifone Verifone Tapping with us! 102 2 ABC 3DF 4GHI 5.KL 6MNO 8™UW gwy 0 SP # < 7 PRS *** X#20with a growing portfolio of digital payment solutions OATHMóvil OATH Business 9:41 Valeria Herrero [email protected] Send Money to a Person Send Money to friends and family Pay a Business Pay for goods and services Transfer Between my Cards Transfer money between your cards Home Donate Make donations to charities Do De Activity : >1.5M TOTAL ↑↓ ~340M TRANSFERS 13 ¿Quieres aceptar pagos con código QR en tu terminal POS? Hazlo ahora mismo. escaneaypaga.com/qr kar sca Of Code 1234 ABCD Escanea y paga con ATH móvil HARCO móvil >30K MERCHANTS#21Including our digital payments platform: Placetopay Solutions Web Checkout API Link de Pago IVR Micrositio BBQR Autodeclaraciones 3DS Payment interface through Lightbox functionality Integration through Rest, SOAP. SDKs available Generate / sends links to users Sell by phone, capture data in a secure way Customer enters data or you control payment Enable different QR based experiences Avoid identity fraud through digital signing of documents Network authentication protocol - proprietary solution 14 Connectivity Active Colombia Ecuador Costa Rica Panama Launching Chile Puerto Rico Honduras ➡ Analyzing / Sizing Mexico Argentina Peru Others evertec®#225 Aligned Strategic Growth Initiatives evertec#23● ● ● ● ● Aligned strategic initiatives to drive growth Merchant Acquiring Leverage local capability to develop market specific products and deliver high quality service Optimize pricing to ensure profitability across industries as well as revenue growth of portfolio Support broad range of POS and local VARS Payment Services LatAm Scale regional payment processing platforms to grow revenues and reduce costs Leverage local leadership and client base to cross-sell Benefit from Spanish speaking programmers to rapidly deliver client requirements 1 3 evertec® 2 4 ● ● Payment Services Puerto Rico and Caribbean • Develop and expose integrated APIs for our card-present and card-not-present solutions Business Solutions ● Create leading digital payment experience by continuously expanding ATH Móvil value proposition and integrate PlacetoPay gateway Defend and grow ATH market share as FI's preferred debit network while expanding into new verticals (i.e., healthcare) Support BPOP on their growth strategies Support Government efforts for efficiencies Commercialize MSP/MSSP services as a core offering versus primarily an internal capability evertec#24and a commitment to Environment, Social and Governance Priorities* Environment Evertec is committed to conducting our business operations in a manner that is compatible and balanced with the communities that we serve and promoting efforts that reduce our environmental footprint and use of natural resources *For details, refer to 2021 ESG Summary, https://ir.evertecinc.com/esg Social ww Evertec's culture and values are rooted in service integrity, accountability, innovation, teamwork and a strong commitment to the good of our communities 16 Governance 1 Evertec's leadership and its Board strive to balance the interests of all stakeholders while ensuring effective policies, controls and oversight evertec#25Appendix evertec#26Non-GAAP Reconciliation Summary The non-GAAP measures referenced in this release material are supplemental measures of the Company's performance and are not required by, or presented in accordance with, accounting principles generally accepted in the United States of America ("GAAP"). They are not measurements of the Company's financial performance under GAAP and should not be considered as alternatives to total revenue, net income or any other performance measures derived in accordance with GAAP or as alternatives to cash flows from operating activities, as indicators of operating performance or as measures of the Company's liquidity. In addition to GAAP measures, management uses these non-GAAP measures to focus on the factors the Company believes are pertinent to the daily management of the Company's operations and believes that they are also frequently used by analysts, investors and other interested parties to evaluate companies in the industry. Reconciliations of the non-GAAP measures to the most directly comparable GAAP measure are included in the schedules to this release. These non-GAAP measures include EBITDA, Adjusted EBITDA, Adjusted Net Income and Adjusted Earnings per common share and are defined below. EBITDA is defined as earnings before interest, taxes, depreciation and amortization. Adjusted EBITDA is defined as EBITDA further adjusted to exclude unusual items and other adjustments. This measure is reported to the chief operating decision maker for purposes of making decisions about allocating resources to the segments and assessing their performance. For this reason, Adjusted EBITDA, as it relates to the Company's segments, is presented in conformity with Accounting Standards Codification 280, Segment Reporting, and is excluded from the definition of non-GAAP financial measures under the Securities and Exchange Commission's Regulation G and Item 10(e) of Regulation S-K. In addition, the Company's presentation of Adjusted EBITDA is substantially consistent with the equivalent measurements that are contained in the senior secured credit facilities in testing EVERTEC Group's compliance with covenants therein such as the senior secured leverage ratio. Adjusted Net Income is defined as net income adjusted to exclude unusual items and other adjustments. Adjusted Earnings per common share is defined as Adjusted Net Income divided by diluted shares outstanding. The Company uses Adjusted Net Income to measure the Company's overall profitability because the Company believe better reflects the Company's comparable operating performance by excluding the impact of the non-cash amortization and depreciation that was created as a result of Apollo Global Management LLC's acquisition of a 51% indirect ownership in EVERTEC Group (the "Merger"). In addition, in evaluating EBITDA, Adjusted EBITDA, Adjusted Net Income and Adjusted Earnings per common share, you should be aware that in the future the Company may incur expenses such as those excluded in calculating them. Further, the Company's presentation of these measures should not be construed as an inference that the Company's future operating results will not be affected by unusual or nonrecurring items. 17 evertec#27Non-GAAP Reconciliation Annual Results Summary GAAP Net Income to Adjusted EBITDA Net Income Income tax expense Interest expense, net Depreciation and amortization EBITDA Equity income (¹) Compensation and benefits (3) Transaction, refinancing and non-recurring fees Adjusted EBITDA Operating depreciation and amortization (6) Cash interest expense, net Income tax expense Non-controlling interest (2) (8) Adjusted Net Income Net income per common share (GAAP): Diluted (5) Adjusted Earnings per common share (Non-GAAP): Diluted Shares used in computing adjusted earnings per common share: Diluted HA 2018 86.6 $ 12.6 29.3 63.1 191.6 $ (0.3) 13.7 7.6 212.6 $ (29.2) (26.1) (19.5) (0.5) 137.3 $ $1.16 $1.84 74,420,110 2019 103.7 $ 13.0 27.6 68.1 2124 $ (0.5) 13.8 0.5 226.2 $ (34.9) (27.0) (20.2) (0.4) 143.7 $ $1.41 $1.96 2020 104.9 $ 19.0 23.5 71.5 218.9 $ (1.1) 14.4 8.3 240.5 $ (39.1) (22.3) (27.2) (0.5) 151.4 $ $1.43 $2.07 73,475,763 73,051,205 2021 161.1 $ 20.6 20.9 75.1 277.7 $ (0.4) 15.1 2.4 294.8 $ (43.4) (19.8) (31.7) (0.2) 199.7 $ $2.21 $2.74 72,870,585 LTM 164.4 22.0 20.3 75.6 282.3 (0.5) 15.9 3.5 301.3 (43.8) (19.4) (32.6) 205.5 $2.26 $2.82 72,853,216 (1) Represents the elimination of non-cash equity earnings from Evertec's 19.99% equity investment in Consorcio de Tarjetas Dominicanas S.A., net of cash dividends received. Primarily represents share-based compensation and other compensation expense and severance payments. (2) (3) Represents fees and expenses associated with corporate transactions as defined in the Credit Agreement, recorded as part of selling, general and administrative expenses as well as an impairment charge in 2020 and Q1 2021 and a gain on sale of assets in Q2 2021. Impairment charge and contractual fee accrual for a third-party software solution that was determined to be commercially unviable. (4) (5) Represents operating depreciation and amortization expense, which excludes amounts generated as a result mergers & acquisitions activity. (6) Represents interest expense, less interest income, as they appear on our consolidated statements of income and comprehensive income, adjusted to exclude non-cash amortization of debt issue costs, premiums and accretion of discount. Represents income tax expense calculated on adjusted pre-tax income using the applicable GAAP tax rate, adjusted for certain discreet items. (7) (8) Represents the 35% non-controlling equity interest in Evertec Colombia, net of amortization for intangibles created as part of the purchase. evertec#28Non-GAAP Reconciliation Annual Results Summary Free cash flow Operating cash flows Capital Expenditures (¹ (1) (2) Free Cash Flow 2018 2019 2020 2021 $ 172.7 $ 179.9 $ 199.1 $ 228.4 $ (41.3) (59.9) (48.6) (66.9) $ 131.4 $ 120.0 $ 150.5 $ 161.5 $ LTM 19 264.0 (64.5) 199.5 Notes: (1) Capital expenditures exclude $6M of acquisitions in 2019 and ~$15M related to the acquisition of the new FirstBank portfolio and ~$3M in debt securities in 2021. (2) Free cash flow represents operating cash flow less capital expenditures. Free cash flow does not represent Evertec's residual cash flow available for discretionary expenditures, since it has mandatory debt service requirements and other non-discretionary expenditures that are not deducted from the metrics. evertec#29Non-GAAP Reconciliation Annual Results Summary Net Debt to Adjusted EBITDA ($ in millions) Unrestricted Cash Total Debt Net Debt Adjusted EBITDA Net Debt / Adjusted EBITDA 2018 ($69.9) 545.3 $475.4 212.5 2.3x 20 2019 ($111.0) 533.4 $422.4 226.2 2.1x 2020 ($202.6) 501.0 $298.4 240.5 1.9x 2021 ($266.3) 468.6 $202.3 294.8 1.4x LTM2022 ($283.6) 462.9 $179.3 301.3 1.3x evertec#30($ in millions) Revenues Operating costs and expenses Depreciation and amortization Non-operating income (expenses) EBITDA Compensation and benefits (2) Transaction, refinancing and other fees(3) Adjusted EBITDA Non-GAAP Reconciliation Segment Revenues and Adjusted EBITDA Payment Services - Puerto Rico & Caribbean $ 159.1 85.5 16.6 0.9 91.1 1.8 92.9 Payment Services - Latin America $ Twelve months ended March 31, 2022 $ Merchant Acquiring, net 109.7 $ 89.9 11.3 10.7 41.8 3.1 42.5 $ 148.7 79.5 3.9 1.2 74.3 1.1 21 75.4 Business Solutions $ $ Corporate and Other (1) $ (62.9) (4.7) 24.9 (6.8) (40.2) 7.6 4.2 245.8 152.7 18.9 3.2 115.2 1.7 (0.6) 116.5 $ (28.4) $ Total 600.5 402.9 75.6 9.2 282.3 15.9 3.1 $ 301.3 Notes: (1) Corporate and Other consists of corporate overhead, certain leveraged activities, other non-operating expenses and intersegment eliminations. Intersegment revenue eliminations predominantly reflect the $43.6 million processing fee from Payments Services - Puerto Rico & Caribbean to Merchant Acquiring, intercompany software developments and transaction processing of $10.2 million from Payment Services - Latin America to both Payment Services - Puerto Rico & Caribbean and Business Solutions, and transaction processing and monitoring fees of $9.0 million from Payment Services - Puerto Rico & Caribbean to Payment Services - Latin America. (2) Primarily represents share-based compensation, other compensation expense and severance payments. (3) Primarily represents fees and expenses associated with corporate transactions as defined in the 2018 Credit Agreement, an impairment charge and the elimination of non-cash equity earnings from our 19.99% equity investment in Consorcio de Tarjetas Dominicanas S.A., net of cash dividends. evertec#31to evertes MWAGAT HARIA f@vino