#1PAYMENT TECHNOLOGY PARTNER First Quarter 2021 Earnings Supplement May 10, 2021 nuvel#2Disclaimer General All references in this presentation to "Nuvei", the "Company," "we," "our," "ours," "us" or similar terms refer to Nuvei Corporation, together with its subsidiaries. All references to "$", "US$", "dollars" and "U.S. dollars" are to United States dollars and all references to "C$" are to Canadian dollars. Non-IFRS Measures Nuvei's unaudited condensed interim consolidated financial statements have been prepared in accordance with IFRS as issued by the International Accounting Standards Board. The information presented in this presentation includes non-IFRS financial measures, namely Adjusted EBITDA, Adjusted net income, Adjusted net income per basic share, and Adjusted net income per diluted share. These measures are not recognized measures under IFRS and do not have standard zed meanings prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement IFRS measures by providing further understanding of the Company's results of operations from management's perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of the Company's financial information reported under IFRS. Adjusted EBITDA, Adjusted net income, Adjusted net income per basic share, and Adjusted net income per diluted share are used to provide investors with a supplemental measure of the Company's operating performance and thus highlight trends in Nuvei's core business that may not otherwise be apparent when relying solely on IFRS measures. The Company's management also believes that securities analysts, investors and other interested parties frequently use non-IFRS measures in the evaluation of issuers. Nuvei's management also uses non-IFRS measures in order to facilitate operating performance comparisons from period to period, to prepare annual operating budgets and forecasts and to determine components of management compensation. The Company's management believes Adjusted EBITDA, Adjusted net income, Adjusted net income per basic share and Adjusted net income per diluted share are important supplemental measures of Nuvei's performance, primarily because they and similar measures are used widely among others in the payment technology industry as a means of evaluating a company's underlying operating performance. Forward-Looking Information This presentation contains "forward-looking information" within the meaning of applicable securities laws, including Nuvei's outlook on total volume, revenue and Adjusted EBITDA for the three months ending June 30, 2021 and the year ending December 31, 2021. Nuvei's outlook on revenue and Adjusted EBITDA also constitutes "financial outlook" within the meaning of applicable securities laws and is provided for the purposes of assisting the reader in understanding the Company's financial performance and measuring progress toward management's objectives and the reader is cautioned that it may not be appropriate for other purposes. Forward-looking information involves known and unknown risks and uncertainties, many of which are beyond the Company's control, that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include but are not limited to those described under the "Risks Factors" section of the Company's annual information form filed on March 17, 2021. Forward-looking information is based on management's beliefs and assumptions and on information currently available to management. Particularly, management's assessments of, and outlook for, total volume, revenue and Adjusted EBITDA set out herein are generally based on the following assumptions: (a) Nuvei's results of operations will continue as expected, (b) the Company will continue to effectively execute against its key strategic growth priorities, despite the current COVID-19 pandemic and measures taken to contain the virus, (c) the Company will continue to retain and grow its existing customer base while adding new customers, (d) the Company will not complete any acquisitions or divestitures (e) economic conditions will remain relatively stable throughout the period, (f) the industries Nuvei operates in will continue to grow consistent with past experience, (g) there will be no fluctuations in currency exchange rates and volatility in financial markets, (h) there will be no changes in legislative or regulatory matters that negatively impact Nuvei's business, and (i) current tax laws will remain in effect and will not be materially changed. Although the forward-looking information contained in this presentation is based upon what management believes are reasonable assumptions, you are cautioned against placing undue reliance on this information since actual results may vary from the forward-looking information. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained in this presentation is provided as of the date of this presentation, and the Company does not undertake to update or amend such forward-looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law. Trademarks This presentation includes certain trademarks, such as "Nuvei", "SafeCharge", and "Smart2Pay", which are protected under applicable intellectual property laws and are the property of Nuvei. Solely for convenience, our trademarks referred to in this presentation may appear without the or ™ symbol, but such references are not intended to indicate, in any way, that we will not assert our rights to these trademarks to the fullest extent under applicable law. All other trademarks used in this presentation are the property of their respective owners. 2 nuvei Payment Technology Partner#33 Company Overview nuvei Payment Technology Partner#4Nuvei: A Global Provider of Payment Technology Solutions 4 950+ Employees 200+ Global Markets 44 Markets for Local Acquiring 470 Payment Methods ~40 Cryptocurrencies ~150 Currencies United States Mexico Canada (Global HQ) mastercard. FCA FINANCIAL CONDUCT AUTHORITY Netherlands Spain United Kingdom Brazil CENTRAL BANK OF CYPRUS EUROSYSTEM Italy DISCOVER De Nederlandsche Bar Eurosyste Bulgaria Key relationships, licenses & memberships: VISA A AM EX Israel Interac B BANCO DE MEXICO Romania Cyprus Singapore UnionPay 银联 COMISION CNBV NACIONAL BANCARIA Y DE VALORES China nuvei Payment Technology Partner#5Our business model is highly differentiated, which we attribute to five key factors 1 2 3 LO 5 Our single integrated platform solution which helps our customers accept more forms of payments, in more currencies, in more countries, allowing them to expand into new markets and removing payment barriers worldwide - all through a single integration. Our customizable solutions can be highly tailored to a merchant's unique requirements, helping them convert more sales, 4 drive deeper customer relationships, and reconcile their global operations, thereby reducing costs and simplifying the way they do business. 5 Our focus on continued product innovation positions us a true technology partner to our merchants, with a team of engineers and product managers committed to innovating and building cutting-edge solutions. The depth and flexibility of our products and solutions suite, which is offered a-la-carte. This enables us to land merchant relationships based on whatever their needs may be at the time, and expand the relationship as they grow and their requirements change. Our focus on complex high growth verticals with high barriers to entry. These verticals have unique tactical requirements necessitating very specific expertise and know-how, effectively creating deep moats around our business and making it difficult for new entrants. The combination of these five differentiating factors is driving the strong momentum we see in our business today. nuvei Payment Technology Partner#66 Our Purpose Making our world a local marketplace. nuvei Payment Technology Partner#77 How We Do It Provide the payment technology and intelligence our merchants and partners need to succeed locally and globally, through one integration. nuvei Payment Technology Partner#8Leverage Our Full Stack to Increase Acceptance Rates - Locally & Globally Purpose-built technology platform providing an end-to-end solution, beyond acquiring, that merchants can utilize on a modular "a-la-carte" basis across multiple jurisdictions Consumer 8 Merchant Native Commerce Platform Global Gateway Global Pay-out |||| Acquiring & APMs A Fraud / Risk Management New В Cryptocurrency Currency Management Value-Added Services Acquiring Bank Direct Connectivity Payment Network / Methods UnionPay 银联 *Pay 3rd Party Merchant Acquirer / Processor VISA AMERICAN EXPRESS WeChat Pay DISCOVER Diners Club INTERNATIONAL DEAL |||| Issuer / Issuing Bank I I I nuvei Payment Technology Partner#9Delivering Innovative Payment Technology Solutions Across All Channels 9 My Chain SHIPPING order summary: £ 362.90 VISA & WELCOME BACK LA Select payment method PAYMENT .... 5474 .... 9465 Name on card John Doe Add new card Card number Review your order DOKONT ORDER Mobile / In-App My Choice SELECT YOUR PAYMENT METHOD: My payment methods 1234 WOMAN LINGERY Other payment methods VISA *4560 PayPal Klarna. Diners Club INTERNATIONAL GO BACK KDS MEN SHOES Enter your details: David Smith 02 ************ 4569 389 SPORT ⠀⠀ By clicking the "Place Order button, I agree to SafeCharge Terms and Conditions Checkout 2023 Place Order & WELCOME BACK, LUI ITEM NAME Long Shirt Seller: Lita U PRICE €49.90 Delivery Method CHECKOUT (2 Subtotal Delivery Total (Including VAT QUY Long Shirt SECURE CHECKO 1 UK SUBTOTAL £49.90 My Chris SELECT YOUR PAYMENT METHOD WOMAN UNDRRY My payment methods Other payment methods ((1) VISA PayPal Diners Club INTERNATI 1040 VISA Checkout HN eCommerce Via API or Multi-Feature Cashier XIOS Credit card details with vi checks, whey pay t the company cet or debe cedonor to set through yourchase thout rong or sheng to wherever you di Have a Promo Code? Enter amount 50 ty in the Order suonare's SafeCharge Terms and Contions Gap VISA Checkout 18 Long Shirt 125 80 9.00.00 & WELCOME BACK, U Seller: Lita PRICE €49.90 Delivery Method Total Subtotal Delivery Total (including VAT) SECURECHECKOUT 92 82 OCZ UK Long Shirt Questy QUY Price 1 SUBTOTAL 925 BA €49.90 1 €49.90 €49.90 Free 00 00 11.00 C4 €49.90 75 BS 1.00 €6 92 AS 20F6 12 B 757 75 8 7 1.00 F 000 000 COO 000 900 GOO 000 GHJ -Unattended Move/5000 (9 SALE S O nuvei 28 COMPLETE 1oz 2003 PE 4TH 5 6 7°R 8√U 9VX 0 O In-Store nuvei Payment Technology Partner#10Modular Architecture for Merchant Friendly “A La Carte” Service Offerings 10 Gateway Technology Only Multi-solutions One-stop Solution Gateway Technology Local Acquiring, Globally Nuvei Commerce Platform Use Cases Alternative Payments Crypto- currencies Smart 3DS Cashier and Checkout Integrated FX Reconciliation Value-added Management & Reporting Services Enhanced Chargeback Management nuvei Payment Technology Partner#1111 Strategic Pillars 2 nuvei Payment Technology Partner#12One Integration to Our Nuvei Commerce Platform, A World of Opportunity 12 Our strategic pillars GLOBALLY CONNECTED INNOVATIVE & FLEXIBLE RELIABLE & SECURE Deep data back office Native commerce platform Global Gateway Value-added services Fraud / risk management Acquiring nuvei Global Payout APMs Cryptocurrency payments Currency management Enhanced Checkout Experience nuvei Payment Technology Partner#13A Global Platform: Removing Payment Barriers Worldwide 13 Global Technology and Gateway Seamless Merchant Experience Across Countries and Channels One Integration Local Acquiring, Globally Local & Alternative Payment Methods One Relationship Cryptocurrency Acceptance Enhanced and Simplified Reconciliation Integrated and Comprehensive FX Solutions nuvei Payment Technology Partner#14Local Acquiring on a Global Scale Direct Acquiring Connect to Acquiring Partners In Development 14 nuvei Payment Technology Partner#15Accepting More Payment Types 470 Alternative and Local Payment Methods in ~150 Currencies, in addition to ~40 cryptocurrencies VISA VISA Cryptocurrencies DEBIT aCuenta BANCO maestro. security Boleto DAVIVIENDA MB WAY pse ALIOR BANK ServiEstado 0 ธนาคารธนชาต Thanachart Bank 15 Bancontact Millennium ING INSTADEBIT inteligo Interac bank PagoEfectivo PassN GO Tilh your vio cord BOS BANK ecoPayz Bangkok Bank QIWI ROUTEN ALIPAY MONETA MONEY BANK Boletol efecty moneta Pay by Mobile powered by boku Raiffeisen BANK eta ru Singapore Skrill TMB mastercard. debit Pay AstroPay AXS BancoEstado eps RAPID bradesco PayMaya Interbank in pay STATION express LIDER todito Cash tpay BANK OF AYUDHYA CAIXA SLOVENSKÁŠ SPORITEĽŇA Itaú 13 Much Better true money Just pay PayPal Pay@Post mūachwulusuri Family Mart Fast MULTICaja M Sofort. Bank Pekao *Loterias Caja CASHlib CAIXA Vecina PAY CASH ONLINE Batoto ธนาคารกสิกรไทย #185 KASIKORNBANK Bank Transfer Red compra safety> pay rapipago Venis, pagas y listo. MyBank SPE Bank Polski Trustly UniCredit Fio Fio banka GoPay Standard Chartered Banco de Chile SAM BANKRAKYAT KB Krungthai KWICK GO Suy with your mastercard UnionPay ER EX cen & pay GET IN BANK BANCO DO BRASIL Santander ET STP GRUPO FINANCIERO ČESKÁ Š SPOŘITELNA giro pay paysafecard Pay Pesbank plus bank POLI. SURTIMAX VUB BANKA UOB VISA Checkout Neosurf mest NETELLER. BANK citi GoPay G▸ HiPay Santander Río BBVA Bci MULTIBANCO BANCO BICE MB lider USŁUGI BANKOWE deprat Allar Bark awebang CobroExpress es s NOBLE BANK SBERBANK Bancolombia TB TATRA BANKA CA PRZELEW ONLINE mana WebMoney citibanamex TAVAS CENTER Idea Bank OK -shop Macro mazooma. SCB ไทยพาณิชย Banco Falabella CSOB DEAL Debit blik mBank OXXO PAGO Facil TESCO Banc Lotus poštová banka Przelewy24 SEPA Servi Transferencia BANCARIA LOCAL webpay Yandex zimpler B Bitcoin Ethereum NEO ... B Bitcoin Cash Ł Litecoin X XRP and others nuvei Payment Technology Partner#16Driving Frictionless Experiences With Our Pay-in Capabilities 16 Acquirer Agnostic Gateway supports connectivity to many independent acquirers Localization Tools Preferred local payment method Local language and currency Developer-Friendly APIs Seamlessly integrate payments into desired consumer experience Transaction Approval Smart routing, partial approvals, decline recovery to optimize conversion rate Cashier and Checkout Embedded payment pages with deep customization, adhering to local compliance requirements One-Click Checkout Merchant-agnostic global token facilitates seamless checkout nuvei Payment Technology Partner#17Increasing Transaction Conversion and Approval Rates Merchant 17 Gateway nuvei Smart Routing Models (In Progress) Payments Engine Ples Paramet 米 SILVERLUCK Routing Rules VISA Routing Prediction engine that defines, configures and updates an optimized route to enhance authorization rates CASHIER PARTIAL DEPOSIT SUCCESS Partial Approval COE The transaction was partially approved. You successfully added GBP20.00 to your balance. If you wsit to concel the tramaction, please contact support & SIGN OUT Privacy Policy Cookie Policy Rules & Regulations / Tems & Con Acquiring 00( Many acquiring partners 100 J00 Enables approval of partial transaction amounts for users with limited available funds 10 or 5001 200 SILVERLUCK WELCOME BACK, JOIN-1 CE CURRENT BALANCE CASHER Localized Pages for Yesu Na ALTRI METODI Currency Management P SILVERLUCK DETTAGLI DI PAGAMENTO INSERISCI L'AMMONTARE ETO Pcy Pokry €250 €50 Automatically detects customers' geolocation and displays relevant language, currency and payment DEPOSITA options CASHIER DEPOSET A SIGN OUT €100 (€10-45,000) Your transaction has been declined. Decline Recovery DECLINED DEPOSIT & SIGN OUT Facy Fuicy Cookie Poby Rules & Regulations 1 Tem & Condon Upon decline, customer is automatically prompted to select different payment method / amount nuvei Payment Technology Partner#18Supporting Global Payouts ● 18 Automated global payouts in "150 currencies and nearly 40 cryptocurrencies and fast settlements on a global basis Split payment and management of fund transfers Net deposit feature facilitates AML compliance and fraud reduction $ (£ Insurance Claim Disbursement Our Key Features Growing Number of Critical Use Cases Across Verticals Cross-Border B2B Payments Merchant Payout Gaming Winnings Disbursement Payroll Disbursement 1 2 4 Merchant approves payout request (managed online) 3 nuvei Nuvei processes request and validates the transaction 5 Payee is notified and selects payout method and currency Nuvei transfers funds in selected currency to the selected payment method Payee receives funds almost immediately nuvei Payment Technology Partner#19Providing Merchants and Partners with Data-Driven Back-Office Tools Cloud-based, integrated and customizable reporting dashboard providing real-time access into transaction metrics and other business intelligence E 19 Q Search. Dashboard MAIN DASHBOARD Yesterday's Sales Ⓒ $ 352,578 COMPARISON GRAPHS Sales Comparison 10,000€ 40,000 € 30,000 € 20.000 € 10.000 € AVG LA 30 De 18% Yesterday's Transactions 8, 191 AVG LA&W Day Give us Feedback † 17% Yesterday Weekly Projections $ 2,306,855 Transactions Comparison AVG LAW Dan AVG Last 30 Days O 11% Monthly Projections Ⓒ $32,578 Customize 200 200 300 400 500 600 200 800 900 1.000 SALES ● Today Amount: €50,066.82 Percentage: +7.28% €4,000,00 €3.500.00 €3,000.00 €2,500.00 €2.000.00 €1,500.00 TRANSACTIONS 02:00 05:00 08:00 11:00 ● Today Count: 173 Percentage: -3.35% S Home ● Yesterday Amount: €46,669.72 Operations 14:00 17.00 Yesterday Count: 179 Notifications Preferences 23:21 Top 10 MasterCard Top 5 Visa DECLINE REASONS CODE Overview Charts restricted card exceeds withdrawal limit issuer or switch inoperative 100% timeout/retry invalid transaction APPROVAL RATIO ● Today Ratio: 1,608.19% Percentage: +2.98% AAA || 173 Transactions 21 Declines ● Yesterday Ratio: 1,561.65% Cost breakdown at transaction level details | Approval rate management | Pricing at specific volume tiers | Chargeback management | Analyze risk levels | Payout reconciliation nuvei Payment Technology Partner#20Ensuring the Highest Level of Security and Compliance Integrated solutions that provide actionable fraud and risk intelligence E Transaction risk management Helping merchants reduce chargebacks and manage fraud 20 易 Global token Helping merchants comply with GDPR & reduce PCI scope 5 Chargeback management Streamlining a time- consuming and costly process for merchants ||₁ Frictionless eKYC and AML checks Enhancing compliance & transaction success rates while reducing costs Smart 3DS Helping merchants comply with latest PSD2 regulations nuvei Payment Technology Partner#2121 Go-To-Market Strategy 3 nuvei Payment Technology Partner#22Our Go-To-Market Strategy 22 Direct Channel | Large Enterprises Fast-growing vertical-focused and regional sales teams headed by industry veterans Supported by sales engineers and account managers with vertical expertise New business in eCommerce more than tripled in Q1'21 Deep and growing merchant pipeline provides visibility well into 2021 salesforce commerce cloud xt:Commerce Indirect Channel | SMBs / Large Enterprises SBTech playtech we know sports riie silie ISVS VARS Independent Sales Agents Strategic Platform Integrations playtech bit8 Magento BUY Payment Facilitators Woo opencart COMMERCE $ eComm Resellers ↓ Online Marketplaces demandware STEAM® nuvei Payment Technology Partner#23Focus on High-Growth Verticals Three Key Criteria: ● Inherent Growth Longevity Propensity to Operate Globally Sales TAM / CAGR Regulated Online Gaming SPO Betti ORTS etting Live! Seyőta Aving LIVE Livaronot 150 Win 14 $174B/16% (2020E-2027E) Social Gaming PLAYER MOMS $201B/8% (2019A-2023E) PLAYER Online Retail MER * 5 $6.3T/13% (2019A-2024E) Online Marketplaces OPEN $7.3T/27% (2018A-2024E) Note: Sales TAM size figures represent expected size at end of respective forecast period. Sources: eMarketer, Grand View Research, Newzoo, IMARC Group, Statista, Market Research Future and management estimates on the basis of these and other industry reports. 23 Digital Goods & Services $4.1T/8% (2019A-2024E) Regulated Financial Services $187B/6% (2020E-2025E) Travel $1.1T / 13% (2017A-2023E) nuvei Payment Technology Partner#24Executing on Multiple Growth Opportunities 24 Expanding acquiring coverage Launched local processing solutions in Argentina, Chile, Peru and Ecuador, while expanding acquiring capabilities in Brazil, Colombia and Mexico Local acquiring in 44 markets up from 35 at year end 2020 Adding multiple APMs Increased APM portfolio to 470 at the end of Q1 2021 from 455 at year end 2020 Product innovation Added pay-in and payout support for nearly 40 of the world's leading cryptocurrencies M&A Entered into a definitive agreements to acquire Mazooma, a leading account- to-account payments provider to the U.S. online gaming and sports betting market; and Simplex, a payment solution provider to the cryptocurrency industry nuvei Payment Technology Partner#25Mazooma acquisition 25 9:41 < Deposit Amount $20 Other $0.00 $50 + Add Promo Code Balance $0.00 $150 Select Payment Method $200 Instant Bank Transfer PLAID mazooma. VISA. DEPOSITING Continue $50.00 INTEGRATING MAZOOMA INTO THE NUVEI BRAND AND PLATFORM Leading account-to-account payments provider Money transmitter licenses in 47 states Connected to 11,000 U.S financial institutions $2 billion 2021E ACH total volume mazooma. Selected clients: the Score 9 gamesys RUSH STREET INTERACTIVE betfair Mohegan Sun a legendary gaming experience STARS GROUP → BETMGM dings SCILL SCIENTIFIC GAMES <A<SARS TROPICANA ENTERTAINMENT Harrahs DRAFT KINGS FANDUEL PALA 888 interactive Joa HOLDINGS GOLDEN POKER STARS NUGGET nuvei Payment Technology Partner#26Mazooma acquisition Overview Leading account-to-account payments provider in U.S. online gaming and sports Patented technology can be found on the cashier of igaming and sports wagering operators in the U.S. Offers a best-in-class experience, seamless integration, and secure bank connections Registered vendor in 9 states, with permission in 12 states, and holds money transmitter licenses and exemptions in 47 states Instant Bank Transfer payment solution featuring same-day ACH for pay- ins and payouts; connected to 11,000 financial institutions in the U.S. Integrated with the majority of U.S. gaming platforms and online gaming and sports betting operators and is expected to process more than $2B of ACH total volume (¹) in 2021 Strategic Rationale Enhances and expands Nuvei's portfolio of APMs with a leading ACH platform with both pay-in and payout functionality Gives Nuvei the vendor registration, compliance, and infrastructure to address merchant's requirements in regulated U.S. states Transaction Summary Announced acquisition on April 16, 2021 Purchase price of $56 million plus additional consideration subject to the achievement of specific performance criteria (over a maximum 3-year period from the closing date); total max consideration of ~$315 million -24% of the consideration is expected to be paid via the issuance of subordinate voting shares with the remainder to be paid in cash Transaction is subject to the prior approval of the Toronto Stock Exchange as well as customary closing conditions 26 (1) Total volume does not represent revenue earned by Mazooma, but rather the total dollar value of transactions processed by merchants under contractual agreement with Mazooma. Total volume is explained in further detail in the Company's most recent Management's Discussion and Analysis of Financial Condition and Results of Operations. nuvei Payment Technology Partner#27Simplex acquisition 27 No SIM < 1. 4:55 PM Simplex Payment Kents 18% simplex Payment Details Aleksandr 12 Expiration Date Back 2018 PAY NOW Order Summary Amount: INTEGRATING SIMPLEX INTO THE NUVEI BRAND AND PLATFORM Leading processor of crypto-to-credit card payments Supports 50+ cryptocurrencies and 50+ fiat currencies 190 globally-accessible partner integrations $2 billion+ 2021E total volume simplex Selected partners: ABRA A changelly CROSS exchange MyEther Wallet Atomic Wallet BINANCE bithumb - GLOBAL - change CoinCloud NOW edge El EXMO OKCOIN B Paybis BitMart bitpay COINFLIP GUARDA 08 Harmony Coinmama bitrue BRD Ⓒ COINSWITCH coinomi Ở Huobi L klever Kê KUCOIN Polkadot. POLONIEX rockitcoin TREZOR LUMI TRUST WALLET celsius network coti mycelium DTTNEX ad-hoc economy nuvei Payment Technology Partner#28Simplex acquisition Overview Simplex provides the fiat infrastructure for the crypto industry, connecting market participants including exchanges, brokers, wallet and liquidity providers Delivers the infrastructure for users to buy or sell cryptocurrencies (on- ramp/off-ramp capabilities) using credit and debit cards, with simplified API integrations for wallets and exchanges Pioneered the first riskless global fiat onramp using a credit and debit card, which promises a zero chargeback guarantee Simplex processed approximately $500 million of total volume (1) in 2020 and is expected to process more than $2.0 billion of total volume (¹) in 2021 Strategic Rationale Expands Nuvei's capabilities to offer bespoke AML/KYC solutions, transaction guarantee solutions, and valued added services to 190 liquidity providers and partners. Provides Nuvei with an EMI license to offer IBAN accounts to end users and corporations, and offers future banking and card issuing capabilities Adds turnkey simplicity to the process of buying and selling cryptocurrency and converting it back to fiat within a user account Bridges the gap between the blockchain space and traditional finance Transaction Summary Announced on May 6, 2021 Purchase price of approximately $250 million, paid in cash Transaction is subject to customary closing conditions and regulator approval 28 (1) Total volume does not represent revenue earned by Simplex, but rather the total dollar value of transactions processed by merchants under contractual agreement with Simplex. Total volume is explained in further detail in the Company's most recent Management's Discussion and Analysis of Financial Condition and Results of Operations. nuvei Payment Technology Partner#2929 Financial Update 4 nuvei Payment Technology Partner#30How We Generate Revenue ● ● 30 Gateway Technology Fees for gateway services Merchants are charged a per transaction fee ● Acquiring Fees for payment processing services Merchants are priced using a percentage of volume, per transaction fee, as well as other static fees Value-Added Services Fees for value-added services, such as analytics and insights monitoring Pricing depends on service which could be: ✓ % based ✓ fixed periodic; or ✓fixed transaction-based nuvei Payment Technology Partner#31Total Volume Growth $8.9 Q1 2020 $8.9 Total Volume ($B)(¹) Q2 2020 +132% Y/Y $11.5 Q3 2020 +48% Q/Q $13.9 Q4 2020 $20.6 Q1 2021 Commentary Total volume increased 132%, to $20.6 billion in Q1 2021 from $8.9 billion in Q1 2020, driven by organic growth, the Smart2Pay acquisition in November 2020 and the Base Commerce acquisition in January 2021 eCommerce represented approximately 87% of total volume in Q1 2021 compared to approximately 72% in Q1 2020 Total volume increased 48% sequentially in Q1 2021 from Q4 2020 (1) Total volume does not represent revenue earned by the Company, but rather the total dollar value of transactions processed by merchants under contractual agreement with the Company. Total 31 volume is explained in further detail in the Company's most recent Management's Discussion and Analysis of Financial Condition and Results of Operations nuvei Payment Technology Partner#32Revenue Growth 32 $83.2 Q1 2020 $82.6 Q2 2020 Revenue ($M) +80% Y/Y $93.6 Q3 2020 +29% Q/Q $115.9 Q4 2020 $149.9 Q1 2021 Commentary Revenue increased 80%, to $149.9 million in Q1 2021 from $83.2 million in Q1 2020 due to volume growth driven by organic growth, the Smart2Pay acquisition in November 2020 and the Base Commerce acquisition in January 2021 Revenue increased 29% sequentially in Q1 2021 from Q4 2020 nuvei Payment Technology Partner#33Adjusted EBITDA Growth $33.3 40% Net income $(62.3) (loss) Q1 2020 Adjusted EBITDA ($M) and Margin (%)(¹) $37.4 45% $14.0 Q2 2020 +97% Y/Y $41.0 44% $(77.9) Q3 2020 $51.3 44% +28% Q/Q $22.6 Q4 2020 $65.5 44% $27.8 Q1 2021 (1) Adjusted EBITDA is a non-IFRS measure. Please find the reconciliation to the nearest IFRS measure in the Appendix. 33 Commentary Adjusted EBITDA increased 97%, to $65.5 million in Q11 2021 from $33.3 million in Q1 2020 Adjusted EBITDA margin was 44% in Q1 2021 compared to 40% in Q1 2020 Adjusted EBITDA increased 28% sequentially in Q11 2021 from Q4 2020 Net income of $27.8 million in Q1 2021 compared to a net loss of $62.3 million in Q1 2020 nuvei Payment Technology Partner#34Financial Outlook 34 Nuvei anticipates total volume, revenue and Adjusted EBITDA to be in the ranges below. Considering the strong performance during the three months ended March 31, 2021, where Nuvei exceeded the previously anticipated total volume, revenue and Adjusted EBITDA outlook, as well as continuing momentum in the business, management is raising the financial outlook for the year ending December 31, 2021. The financial outlook is fully qualified and based on a number of assumptions described under the heading "Forward-Looking Information" of this presentation, and does not include the pending acquisitions of Mazooma or Simplex. (In U.S. dollars) Total volume* (billions) Revenue (millions) Adjusted EBITDA** (millions) Three months ending June 30, 2021 $21 - $22 $153 - $159 $66 - $70 Year ending December 31, 2021 Previous $81 - $87 $570 - $600 $252 - $265 Updated $83 - $89 $610 - $640 $264 - $277 *Total volume does not represent revenue earned by the Company, but rather the total dollar value of transactions processed by merchants under contractual agreement with the Company. Total volume is explained in further detail in the Company's most recent Management's Discussion and Analysis of Financial Condition and Results of Operations. ** Adjusted EBITDA is a non-IFRS measure. See "Non-IFRS Measures". nuvei Payment Technology Partner#35Nuvei is a Compelling Investment Opportunity Significant Scale Strong Growth Highly Scalable Operating Model Stable and Resilient $20.6B total volume(¹) 132% Volume and 80% Revenue growth in Q1 2021 compared to Q1 2020. Creating operating leverage leading to 44% Adjusted EBITDA margin(²) 2021 net income of $27.8M) (Q1 Diversification provides increased predictability and stability of results (1) Total volume does not represent revenue earned by the Company, but rather the total dollar value of transactions processed by merchants under contractual agreement with the Company. Total volume is explained in further detail in the Company's most recent Management's Discussion and Analysis of Financial Condition and Results of Operations. 35 (2) Adjusted EBITDA is a non-IFRS measure. Please find the reconciliation to the nearest IFRS measure in the Appendix. nuvei Payment Technology Partner#3636 Appendix A nuvei Payment Technology Partner#37Consolidated Statements of Profit or Loss and Comprehensive Loss Data 37 (In thousands of U.S. dollars except for share and per share amounts) Revenue Cost of revenue Gross profit Selling, general and administrative expenses Operating profit Finance income Finance costs Net finance costs Loss (gain) on foreign currency exchange Income (loss) before income tax Income tax expense (recovery) Net income (loss) Other comprehensive income (loss) Foreign operations - foreign currency translation differences Comprehensive income (loss) Net income (loss) attributable to: Common shareholders of the Company Non-controlling interest Comprehensive income (loss) attributable to Common shareholders of the Company Non-controlling interest Net income (loss) per share attributable to common shareholders of the Company - Basic and diluted Weighted average number of common shares outstanding (a) Basic Diluted Three months ended March 31 2021 $ 149,895 28,979 120,916 86,056 34,860 (859) 3,315 2,456 (445) 32,849 5,059 27,790 (14,849) 12,941 26,814 976 27,790 11,965 976 12,941 0.19 2020 $ 83,239 15,168 68,071 54,866 13,205 (1,346) 31,259 29,913 45,719 (62,427) (84) (62,343) 39,667 (22,676) (62,593) 250 (62,343) (22,926) 250 (22,676) (0.74) 138,201,970 84,604,769 142,741,312 84,604,769 (a) The weighted average number of common shares outstanding previous to the IPO has been adjusted to take into consideration the Reorganization discussed in Note 17 of the Consolidated Financial Statements for the year ended December 31, 2020. nuvei Payment Technology Partner#38Consolidated Statements of Financial Position Data (In thousands of U.S. dollars) Assets Current assets Cash Trade and other receivables Inventory Prepaid expenses Income taxes receivables Current portion of advances to third parties Current portion of contract assets Total current assets before segregated funds Segregated funds Total current assets Non-current assets Advances to third parties Property and equipment Intangible assets Goodwill Deferred tax assets Contract assets Processor deposits Other non-current assets Total Assets 38 March 31, 2021 $ 144,464 42,546 110 5,214 6,401 8,302 1,858 208,895 540,018 748,913 36,690 15,721 561,115 995,935 5,457 923 14,804 1,902 2,381,460 December 31, 2020 $ 180,722 32,055 80 4,727 6,690 8,520 1,587 234,381 443,394 677,775 38,478 16,537 524,232 969,820 3,785 1,300 13,898 1,944 2,247,769 (In thousands of U.S. dollars) Liabilities Current liabilities Trade and other payables Income taxes payable Current portion of loans and borrowings Other current liabilities Total current liabilities before due to merchants Due to merchants Total current liabilities Non-current liabilities Loans and borrowings Deferred tax liabilities Other non-current liabilities Total Liabilities Equity Equity attributable to shareholders Share capital Contributed surplus Deficit Accumulated other comprehensive income Non-controlling interest Total Equity Total Liabilities and Equity March 31, 2021 $ 69,964 13,564 2,274 8,098 93,900 540,018 633,918 212,602 47,296 11,731 905,547 1,628,244 14,790 (184,228) 7,621 1,466,427 9,486 1,475,913 2,381,460 December 31, 2020 $ 64,779 7,558 2,527 7,132 81,996 443,394 525,390 212,726 50,105 1,659 789,880 1,625,785 11,966 (211,042) 22,470 1,449,179 8,710 1,457,889 2,247,769 nuvei Payment Technology Partner#39Consolidated Statements of Cash Flows Data 39 (in thousands of U.S. dollars) Cash flows from (used in) operating activities Net income (loss) Adjustments for: Depreciation of property and equipment Amortization of intangible assets Amortization of contract assets Share-based payments Net finance costs Loss (gain) on foreign currency exchange Income tax expense (recovery) Changes in non-cash working capital items Interest paid Income taxes paid Cash flows used in investing activities Business acquisitions, net of cash acquired Decrease in other non-current assets Net decrease (increase) in advances to third parties Acquisition of property and equipment Acquisition of intangible assets Cash flows from financing activities Transaction costs related to loans and borrowings Proceeds from exercise of stock options Proceeds from loans and borrowings Repayment of loans and borrowings Payment of lease liabilities Dividend paid by subsidiary to non controlling interest Effect of movements in exchange rates on cash Net increase (decrease) in cash Cash Beginning of period Cash End of period Three months ended March 31 2021 $ 2020 $ 27,790 1,350 19,648 487 4,105 2,456 (445) 5,059 (3,198) (2,836) (1,013) 53,403 (88,930) 522 2,865 (593) (4,145) (90,281) 1,178 (642) (200) 336 284 (36,258) 180,722 144,464 (62,343) 1,841 15,472 525 333 29,913 45,719 (84) (15,631) (16,299) (12) (566) 181 (1,734) (978) (3,034) (5,565) (20) 56,999 (34,185) (631) (200) 21,963 (401) 15,431 60,072 75,503 nuvei Payment Technology Partner#40Reconciliation from IFRS to Non-IFRS Results – Adjusted EBITDA - (In thousands of U.S. dollars) Net income (loss) Finance cost Finance income Depreciation and amortization Income tax expense (recovery) (a) Acquisition, integration and severance costs (b) Share-based payments Loss (gain) on foreign currency exchange Legal settlement costs and other(c) (d) Adjusted EBITDA Advance from third party - merchant residual received (e) 40 Three months ended March 31 2021 $ 27,790 3,315 (859) 20,998 5,059 5,340 4,105 (445) 159 65,462 2,728 2020 $ (62,343) 31,259 (1,346) 17,313 (84) 1,670 333 45,719 766 33,287 2,948 (a) These expenses relate to: (i) professional, legal, consulting, accounting and other fees and expenses related to our acquisition activities and financing activities during the period, which were $5.3 million for the three months ended March 31, 2021 (March 31, 2020 - $1.2 million). These costs are presented in the professional fees line item of selling, general and administrative expenses. (ii) acquisition-related compensation, which was nil for the three months ended March 31, 2021 (March 31, 2020 - $0.2 million). These costs are presented in the employee compensation line item of selling, general and administrative expenses. (iii) severances, which were immaterial for the three months ended March 31, 2021 (March 31, 2020 - $0.2 million), and integration expenses. Severance costs are presented in the employee compensation line item of selling, general and administrative expenses. (b) These expenses represent non-cash expenses recognized in connection with stock options and other awards issued under share-based plans. (c) This line item primarily represents legal settlements and associated legal costs reached outside of the normal course of business, as well as non-cash gains, losses and provisions and certain other costs. These costs are presented in the other line item of the selling, general and administrative expenses. (d) Adjusted EBITDA is a non-IFRS measure that the Company uses to assess its operating performance and cash flows. (e) Commencing in 2018, the Company entered into various agreements with a single third-party independent sales organization to acquire the rights to future cash flows from a portfolio of merchant contracts. nuvei Payment Technology Partner#41Reconciliation from IFRS to Non-IFRS Results – Adjusted Net Income (In thousands of U.S. dollars except for per share amounts) Net income (loss) Change in redemption value of liability-classified common and preferred sharesla (a) (b) Amortization of acquisition-related intangible assets Acquisition, integration and severance costs (c) Share-based payments(d) Loss (gain) on foreign currency exchange Legal settlement costs and other(e) Adjustments Income tax expense related to adjustments() Adjusted net income (8) Adjusted net income per share attributable to common shareholders of (h) the Company" Basic Diluted 41 Three months ended March 31 2021 $ 27,790 18,212 5,340 4,105 (445) 159 27,371 (4,000) 51,161 0.36 0.35 2020 $ (62,343) 11,636 14,178 1,670 333 45,719 766 74,302 (2,179) 9,780 0.11 0.11 (a) This line item represents change in redemption value related to shares classified as liabilities prior to the IPO. As part of the IPO, the shares were converted into equity as Subordinate Voting Shares. These expenses are included in finance costs. (b) This line item relates to amortization expense taken on intangible assets created from the purchase price adjustment process on acquired companies and businesses and from the acquisition of all the outstanding shares of Pivotal Holdings Ltd. by Nuvei in September 2017, and excludes amortization expense related to capitalized development costs incurred in the normal course of operations. (c) These expenses relate to: (i) professional, legal, consulting, accounting and other fees and expenses related to our acquisition activities and financing activities during the period, which were $5.3 million for the three months ended March 31, 2021 (March 31, 2020 - $1.2 million). These costs are presented in the professional fees line item of selling, general and administrative expenses. (ii) acquisition-related compensation, which was nil for the three months ended March 31, 2021 (March 31, 2020 - $0.2 million). These costs are presented in the employee compensation line item of selling, general and administrative expenses. (iii) severances, which were nil for the three months ended March 31, 2021 (March 31, 2020 - $0.2 million), and integration expenses. Severance costs are presented in the employee compensation line item of selling, general and administrative expenses. (d) These expenses represent non-cash expenses recognized in connection with stock options and other awards issued under share-based plans. (e) This line item primarily represents legal settlements and associated legal costs reached outside of the normal course of business, as well as non-cash gains, losses and provisions and certain other costs. These costs are presented in the other line item of the selling, general and administrative expenses. (f) This line item reflects income tax expense on taxable adjustments using the tax rate of the applicable jurisdiction. (g) Adjusted net income is a non-IFRS measure that the Company uses to further assess its operating performance. (h) Adjusted net income per diluted share is calculated using share-based awards outstanding at the end of each period on a fully diluted basis if they were in-the-money at that time. nuvei Payment Technology Partner#42MAKING OUR nuvei WORLD A LOCAL Payment Technology Partner MARKETPLACE. nuvei.com