#1Third Quarter 2022 Earnings NOVEMBER 10, 2022 Paysafe:#2Forward looking statements and non-GAAP financial measures Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Paysafe Limited's ("Paysafe," "PSFE" or the "Company") actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "anticipate," "appear," "approximate," "believe," "budget," "continue," "could," "estimate," "expect," "forecast," "foresee," "guidance," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "seek," "should," "would" and variations of such words and similar expressions (or the negative version of such words or expressions) may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, without limitation, Paysafe's expectations with respect to future performance and the completion of the reverse stock split. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially, and potentially adversely, from those expressed or implied in the forward-looking statements. While the Company believes its assumptions concerning future events are reasonable, a number of factors could cause actual results to differ materially from those projected, including, but not limited to: cyberattacks and security vulnerabilities; complying with and changes in money laundering regulations, financial services regulations, cryptocurrency regulations, consumer and business privacy and data use regulations or other regulations in Bermuda, the UK, Ireland, Switzerland, the United States, Canada and elsewhere; geopolitical events, including acts of war and terrorism, including the conflict in Ukraine; the economic and other impacts of such geopolitical events and the responses of governments around the world; the effects of global economic uncertainties, including inflationary pressure and rising interest rates, on consumer and business spending; risks associated foreign currency exchange rate fluctuations; changes in our relationships with banks, payment card networks, issuers and financial institutions; risk related to processing online payments for merchants and customers engaged in the online gambling and foreign exchange trading sectors; risks related to our focus on specialized and high-risk verticals; risks related to becoming an unwitting party to fraud or be deemed to be handling proceeds of crimes being committed by customers; the effects of chargebacks, merchant insolvency and consumer deposit settlement risk; changes to our continued financial institution sponsorships; failure to hold, safeguard or account accurately for merchant or customer funds; risks related to the availability, integrity and security of internal and external IT transaction processing systems and services; our ability to manage regulatory and litigation risks, and the outcome of legal and regulatory proceedings; failure of third parties to comply with contractual obligations; changes and compliance with payment card network operating rules; substantial and increasingly intense competition worldwide in the global payments industry; risks related to developing and maintaining effective internal controls over financial reporting; managing our growth effectively, including growing our revenue pipeline; any difficulties maintaining a strong and trusted brand; keeping pace with rapid technological developments; risks associated with the significant influence of our principal shareholders; the effect of the COVID-19 pandemic on our business; and other factors included in the "Risk Factors" in our Form 20-F and in other filings we make with the SEC, which are available at https://www.sec.gov. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in their expectations with respect thereto or any change in events, conditions, or circumstances on which any statement is based, except as required by law. Trademarks This presentation may contain trademarks, service marks, trade names and copyrights of other companies, which are the property of their respective owners. Solely for convenience, some of the trademarks, service marks, trade names and copyrights referred to in this presentation may be listed without the TM, SM O or symbols, but Paysafe will assert, to the fullest extent under applicable law, the rights of the applicable owners, if any, to these trademarks, service marks, trade names and copyrights. Ⓡ Statement Regarding Non-GAAP Financial Measures This presentation also contains non-GAAP financial information. Paysafe management believes the presentation of these non-GAAP financial measures, when considered together with the Company's results presented in accordance with GAAP, provide users with useful supplemental information regarding Paysafe's operating performance. Reconciliations of these non-GAAP financial measures to their most directly comparable GAAP measures are set forth in the Appendix. These non-GAAP measures exclude items that are significant in understanding and assessing Paysafe's financial results or position. Therefore, these measures should not be considered in isolation or as alternatives to measures under GAAP. Paysafe: 2#3Summary Q3 summary Q3 performance above guidance • YoY growth from both US Acquiring and Digital Commerce (constant currency) Continued to optimize organizational structure Reverse stock split Seeking to obtain shareholder approval and complete RSS in December Split ratio: 1-for-12 Reduces share count from ~727m to -61m ● Paysafe: Volume $32.5bn +5% YoY Revenue $366.0m +10% YoY cc¹; +4% Adj. EBITDA $95.5m 26% margin Adj. Net Income $29.2m $0.04 per share Note: See appendix for reconciliation of non-GAAP financial measures. (1) Q3'22 Volume excludes embedded finance-related volumes of approximately $10.4 billion. (2) Constant currency growth excludes revenue headwind of $23m resulting from YoY movements in foreign exchange rates. Welcoming Alex Gersh as CFO Brings +25 years of international financial leadership and highly relevant industry experience Most recently CFO of Sportradar (NASDAQ: SRAD), a leading global sports technology company Previously CFO and Board Director of Paddy Power Betfair (Now Flutter Entertainment), and CFO of NDS Group London 3#4Q3 progress across our long-term growth accelerators A ♦ Product Innovation Reallocating and enabling investment toward growth; finalizing 2023 priorities Paysafe: SALES his Sales Acceleration & Focus Building our new global sales organization Added new talent to drive a vertically-focused GTM Client Experience Wallet enhancements (e.g., customization, crypto features, improved visibility) International Expansion Launched 10 Paysafe merchants in LatAm Volume from Paysafe customers launched into LatAm >2X Q/Q Expanded to Argentina (+20K distribution points) 111 High Growth Adjacencies Entry into new Kansas iGaming market NA regulated iGaming Rev >45% 3Q YOY 4#5Rebuilding our sales organization New sales structure Gaming Paysafe: Digital Assets Prior sales structure eCash Travel & Leisure Sales Enablement sales operations deal operations pre-sales demand generation Wallet Retail & Hospitality Partners Merchant Acquiring eCommerce predominately individual product sales, organized by region Key areas of sales transformation... 1. Rebuild sales team and incentive model 2. Centralize pipeline and data 3. Sales enablement and deal ops 4. Demand generation model ...to enable our sales priorities Upsell into existing merchants Expand existing merchants to new geographies New merchant acquisition New consumer acquisition اس 5#6Aligning all businesses to focus on target verticals to drive the flywheel effect Powering the world's play through product-led innovation and powerful sales and GTM machine * Travel & Entertainment Paysafe: EUROPE AMERICAS iGaming Digital Assets Merchant Acquiring - core market today Streaming/ Online Gaming O MARKET KEY C Retail/ Hospitality o Consumer Wallets - core market today Expansion opportunities 6#7Wallet stabilizing, driving improvement Digital Wallet revenue¹ Digital Wallet total deposits² Digital Wallet new accounts funded³ Paysafe: +2% Q3 YoY (CC) +9% Q3 YoY (CC) ~100K Q3 monthly avg. (1) Revenue growth from Digital Wallet, excluding the impact of FX. See appendix for additional information. Excludes embedded finance. (2) (3) Number of 1m actives who first fund the Digital Wallet (Skrill, NETELLER) Revenue growth improves (constant FX) • Continued improvements to the wallet: - Home screen customization - Enhanced visibility on payment limits ● - Improved user journey for account restrictions - Multiple currency exchange feature for mobile app (previously web only) Pricing optimization supporting improved deposits 7#8Q3 Financial Results Paysafe#9Q3 performance above guidance $millions Revenue Adj. EBITDA Adj. EBITDA margin % Paysafe: Q3 Guidance $350 - $365 $90 - $95 ~26% Actual $366.0 $95.5 26.1% 9#10Q3 financial highlights Volume¹ (sbn) $31.1 Q3 2021 +5% $32.5 Paysafe: Q3 2022 Growth led by Americas Continued strength in US SMB Retail, NA iGaming, and Latin America Continued softness in Europe Revenue ($m) $353.6 1.1% take rate Q3 2021 +4% +10% CC² $366.0 1.1% take rate Q3 2022 Strong constant currency growth 3Q YOY FX headwind $23m YTD FX headwind $53m; 4% constant currency growth Russia/Ukraine/Belarus ~$4m impact Adj. EBITDA³($m) $106.4 30.1% margin -10% -5% CC² $95.5 26.1% margin Q3 2021 Margin lower on mix, one-offs SG&A flat sequentially Q3 2022 LTM FCF³ ($m) Note: Volume = total payment volume. Take rate = total revenue divided by volume. CC = Constant Currency. LTM = Last Twelve Months (1) Q3'22 Volume excludes embedded finance-related volumes of approximately $10.4 billion. (2) Constant currency growth excludes revenue and Adj. EBITDA headwinds of $23.0 million and $5.6 million, respectively resulting from movement in foreign exchange rates. (3) Adj. EBITDA and FCF are non-GAAP financial measures. See the appendix of this presentation for a reconciliation to the most directly comparable GAAP financial measures. $350.1 81% conversion (adj. EBITDA) -26% $259.4 64% conversion (adj. EBITDA) Sept 2022 Sept 2021 Conversion within target range YOY largely reflects benefit from the utilization of letters of credits in the prior year 10#11Q3 summary of consolidated results $ in millions Revenue Gross Profit (excluding D&A) Margin % Adjusted EBITDA Margin % Depreciation and amortization Interest expense, net Net loss (income) attributable to Paysafe Adjusted net income¹ Adjusted EPS¹ Paysafe: Q3 '21 $353.6 $208.7 59.0% $106.4 30.1% $61.8 $19.3 ($147.2) $39.4 $0.05 Q3 '22 $366.0 $214.2 58.5% $95.5 26.1% $66.1 $34.6 $1.0 $29.2 $0.04 Change 4% 10% CC 3% (50bps) (10%) (400bps) 7% 80% NM (26%) (26%) ● Interest expense reflects higher amortization of issuance costs, increased rates, and higher borrowings versus prior year Net income increase primarily reflects an intangible impairment expense recognized in the prior year Adjusted net income decline primarily reflects higher interest expense and lower Adj. EBITDA Note: NM = not meaningful (1) Adjusted EBITDA, Gross Profit (excluding D&A), Adjusted net income, and Adjusted EPS are non-GAAP financial measures. See the appendix of this presentation for a reconciliation to the most directly comparable GAAP financial measures. 11#12US Acquiring Volume (sbn) $20.7 +5% Paysafe: $21.8 Q3 2021 Q3 2022 Revenue ($m) $164.9 0.8% take rate Q3 2021 +12% $185.4 0.9% take rate Q3 2022 Adj. EBITDA ($m) $40.7 24.7% margin Q3 2021 +24% $50.3 27.1% margin Q3 2022 • Volume reflects stable merchant portfolio; higher average ticket ● Slight moderation from prior quarter as expected Overall strong growth and margin expansion driven by continued resiliency in US SMB retail and operational efficiency 12#13Digital Commerce Volume¹ (sbn) $10.4 Q3 2021 Paysafe: +3% $10.7 Q3 2022 Revenue² ($m) -4% +8% CC +10% cc, excl. war-region $188.6 1.8% take rate Q3 2021 $180.6 1.7% take rate Q3 2022 Adj. EBITDA² ($m) $80.0 42.4% margin -21% -7% CC $63.5 35.1% margin Q3 2021 Q3 2022 (1) Q3'22 Volume excludes embedded finance-related volumes of approximately $10.4 billion. (2) Constant currency growth excludes revenue and Adj. EBITDA headwinds of $23.0 million and $10.9 million respectively, resulting from movement in foreign exchange rates. Constant currency growth excluding war excludes the currency headwind and an impact of approximately $4.1 million from Russia, Ukraine, and Belarus. ● Performance inline with expectations with growth from acquisitions and embedded finance offsetting FX headwind and war-impact Expect sequential improvement in Q4 driven by seasonality in gambling and wallet initiatives 13#14Renamed and realigned business segments Changes to segments Digital Wallet Digital Wallet Paysafe: Digital Commerce eCash Digital Wallets eCash Current IES/Enterprise US Acquiring US Acquiring New (beginning Q4'22) Merchant Solutions US Acquiring IES/Enterprise ● ● Reporting segments renamed: Digital Wallets - led by Chirag Patel (renamed from Digital Commerce) Merchant Solutions - led by Afshin Yazdian (renamed from US Acquiring) Better aligns with strategic path forward and recent changes to leadership and organizational structure Digital Wallets focuses on the needs of all Paysafe's consumer customers • Merchant Solutions focuses on Paysafe's B2B merchant proposition Recast of historical segment financials available in the appendix 14#15Leverage summary Facility Term Loan Facility (USD) Term Loan Facility (EUR) Revolver (EUR) (USD) Secured Loan Notes (EUR) Secured Loan Notes (USD) Fixed rate vs. floating rate Floating, 0.5% rate floor Floating, 0.0% rate floor Floating, 0.0% rate floor Fixed Fixed Paysafe: Interest rate USD LIBOR + 2.75% EURIBOR + 3.00% EURIBOR/USD LIBOR + 2.25% 3.00% 4.00% Outstanding ($m) $1,006 687 0 413 373 Total Debt(1) $2,479 47% of total Fixed incl. $378m SWAP (USD TL) ~70% hedged against increases in USD interest rate; >100% hedged against increases in EURIBOR (accounting for natural hedge of segregated cash balances on which Paysafe accrues interest) Liquidity summary ($m) Cash and cash equivalents Undrawn amounts under revolving credit facility (¹) Leverage (sm) Total debt(¹) Cash and cash equivalents Net debt(¹) Net debt-to-LTM Adj. EBITDA(2) 9/30/22 $220 $305 9/30/22 $2,479 $220 $2,259 (1): Total debt includes the outstanding principal on the Company's borrowings. Total debt excludes the drawn amounts of a local $75m Credit Facility held in the US outside the Company's Senior Credit Facility. The nature of the facility is to draw on the facility daily and to prefund daily interchange and it acts as a source of working capital. (2): Net debt-to-LTM Adj. EBITDA is defined as Net Debt (Total Debt less Cash and cash equivalents) divided by the Company's adjusted EBITDA as defined in the appendix for the last 12 months and does not represent the definition of adjusted EBITDA that is used for covenant calculation purposes. 5.5x 15#16Q4 guidance $millions Revenue Year-over-Year Adj. EBITDA Margin % Q4'22 Guidance $370-$378 0% to 1.5% $105 - $109 ~28.5% Paysafe: (1) war impact reflects Russia, Ukraine, and Belarus. $372 Q4'21 High single-digit Merchant Solutions Revenue Bridge Mid- to high- single digit High single-digit growth (CC) Digital Wallets Q4'22e (Excl. FX, War) (Excl. FX, War) ~100 bps War ¹ impact ~650 bps FX $370 - $378 Q4'22e reported 16#17Reaffirming and tightening FY 2022 guidance $millions Revenue Year-over-Year Adj. EBITDA Margin % Paysafe: (1) Updated from FY Guidance¹ $1,483 - $1,491 ~Flat $407 - $411 ~27.5% $1,487 2021 High single-digit prior range of $1,470m to $1,490m Revenue; $400m to $415m Adj. EBITDA. (2) War impact reflects Russia, Ukraine, and Belarus Merchant Solutions Revenue Bridge Mid single-digit growth (CC) Low single-digit Digital Wallets 2022e (Excl. FX, War) (Excl. FX, War) ~100 bps 2 War impact ² ~500 bps FX $1,483 - $1,491 2022e reported 17#18Q&A Session Paysafe:#19Appendix 36 Paysafe:#20Digital Commerce revenue disaggregation $m eCash Digital Wallet Integrated & eCommerce Solutions (IES) Intrasegment Total Digital Commerce Paysafe: Q3 Revenue $94 75 18 (7) $181 % of total Segment 52% 42% 10% -4% 100% YOY % change Reported 4% -10% -16% -4% Note: Digital Wallet active users excludes embedded finance; CC = constant currency. (1) Active users reflects 12-month actives as of September, 2022. Active defined as a customer who has transacted at least once in the relevant period. CC 18% 2% -14% 8% Active Users¹ 12-month 16.4m 2.5m 18.9m 20#21Supplemental: summary of segment results Paysafe: Volume ($m) US Acquiring Digital Commerce Total Take Rate US Acquiring Digital Commerce Total Revenue ($m) US Acquiring Digital Commerce Total Gross Profit, excl. D&A ($m) US Acquiring Digital Commerce Total Gross Profit Margin, excl. D&A US Acquiring Digital Commerce Total Adj. EBITDA ($m) US Acquiring Digital Commerce Corporate Total Adj. EBITDA Margin US Acquiring Digital Commerce Total Q1 $ 16,398 11,114 $ 27,512 $ $ es $ $ $ 0.9% 2.0% 1.4% 153.3 224.1 377.4 78.5 147.9 226.4 51% 66% 60% 39.3 91.5 (17.5) 113.2 26% 41% 30% Q2 $ 20,507 11,786 32,292 0.8% 1.9% 1.2% $ 164.6 219.7 $ 384.3 $ 79.7 148.8 $ 228.6 $ 48% 68% 59% 40.7 95.1 (16.9) $ 118.8 25% 43% 31% 2021 Q3 $ 20,685 10,374 $ 31,060 $164.9 188.6 353.6 $ $ es 0.8% 1.8% 1.1% 81.0 127.8 $ 208.7 49% 68% 59% 40.7 80.0 (14.3) $ 106.4 25% 42% 30% Q4 $ 20,439 11,050 $ 31,489 0.8% 1.9% 1.2% $ 166.8 204.8 $ 371.7 82.3 141.2 $ 223.5 49% 69% 60% 46.9 84.8 (26.3) $ 105.5 28% 41% 28% FY 2021 $ 78,028 44,325 $ 122,353 $ 649.8 837.2 $ 1,487.0 $ $ $ 0.8% 1.9% 1.2% $ 321.5 565.7 887.2 49% 68% 60% 167.6 351.4 (75.0) 443.9 26% 42% 30% Q1 $ 19,849 11,320 $ 31,169 $ $ 0.9% 1.8% 1.2% $ 169.1 198.5 367.7 84.3 136.2 $ 220.6 50% 69% 60% 47.2 75.8 (19.1) 104.0 28% 38% 28% 2022 Q2 $ 22,117 11,245 $ 33,361 0.8% 1.7% 1.1% $187.2 191.8 $ 378.9 $ 90.4 129.5 $ 219.9 48% 68% 58% 53.0 71.7 (21.8) $ 103.0 28% 37% 27% Q3 $ 21,788 10,708 $ 32,495 $ 185.4 180.6 $ 366.0 $ 0.9% 1.7% 1.1% 89.1 125.1 $ 214.2 $ 48% 69% 59% 50.3 63.5 (18.3) 95.5 27% 35% 26% Note: Q1'22, Q2'22, and Q3'22 Volume excludes embedded finance-related volumes of approximately $4.4 billion and $13.5 billion, and $10.4 billion, respectively. Note: Gross Profit has been calculated as revenue, less cost of services and depreciation and amortization. Gross profit is not presented within the Company's consolidated financial statements. 21#22Supplemental: summary of segment results (new structure) Volume ($m) Merchant Solutions Digital Wallets Intersegment Total Take Rate Merchant Solutions Digital Wallets Total Revenue ($m) Merchant Solutions Digital Wallets Intersegment Total Gross Profit, excl. D&A ($m) Merchant Solutions Digital Wallets Total Gross Profit Margin, excl. D&A Merchant Solutions Digital Wallets Total Adj. EBITDA ($m) Merchant Solutions Digital Wallets Corporate Total Adj. EBITDA Margin Merchant Solutions Digital Wallets Total Paysafe: $ 18,477 7,130 $ $ 25,560 $ $ $ Q1 $ $ (46) 1.0% 2.4% 1.4% 186.2 174.3 (0.9) 359.7 59% 69% 64% 55.2 76.6 (19.0) 112.8 30% 44% 31% $ 17,094 5,630 109.7 $ 120.6 230.3 $ $ Q2 (29) $ 22,698 $ 26,167 $ (27) 1.0% 2.9% 1.5% 178.4 163.1 (0.4) 341.0 58% 68% 63% $ 52.0 67.6 (9.3) $ 110.3 2020 Q3 $ 20,205 5,991 29% 41% 32% 104.0 $ 110.8 100.2 120.0 214.8 $ 220.2 $ 0.9% 2.9% 1.4% $ 180.6 175.5 (0.5) 355.5 55% 68% 62% 27% 45% 30% $ 20,061 6,305 $ $ 26,242 $ Q4 $ (125) $ 0.9% 3.1% 1.4% 174.8 196.8 (1.3) 370.3 55% 66% 61% 96.0 $ 130.5 $ 226.4 $ $ 75,837 25,056 27% 36% 26% $ $ 48.7 $ 47.8 79.0 (20.4) 71.6 (24.0) $ 107.2 95.3 $ $ 100,667 $ FY 2020 (227) 0.9% 2.8% 1.4% 720.0 709.6 (3.1) 1,426.5 409.8 481.9 891.7 57% 68% 63% 203.7 294.8 (72.7) 425.8 28% 42% 30% $ 21,565 6,151 (204) 27,512 $ $ $ $ Q1 $ 0.8% 3.3% 1.4% 176.9 202.5 (2.0) 377.4 52% 67% 60% $ 26,356 6,130 (194) $ 32,292 $ 91.6 $ 134.8 226.4 25% 42% 30% $ Q2 $ 0.7% 3.2% 1.2% 191.2 $ 195.2 (2.1) 384.3 49% 69% 59% 44.9 $ 45.8 85.8 90.0 (17.5) (16.9) 113.2 $ 118.8 2021 Q3 24% 46% 31% $ 25,953 5,263 (156) $ 26,128 5,526 (164) $ 31,060 $ 31,489 93.9 $ 92.7 $ 134.6 116.1 228.6 $ 208.7 $ 0.7% 3.2% 1.1% 186.9 $ 168.5 (1.8) $ 353.6 $ 50% 69% 59% Q4 24% 45% 30% 0.7% 3.3% 1.2% 190.3 183.8 (2.5) 371.7 96.2 127.4 223.5 51% 69% 60% 44.4 51.8 76.3 80.0 (14.3) (26.3) $ 106.4 $ 105.5 27% 44% 28% $ 100,001 23,070 (719) $ 122,353 $ $ $ $ FY 2021 $ 0.7% 3.3% 1.2% 745.3 750.0 (8.4) 1,487.0 374.4 512.9 887.2 50% 68% 60% 186.9 332.1 (75.1) 443.9 25% 44% 30% $ 25,862 $ $ 31,169 $ $ Q1 $ 5,444 (137) $ 0.7% 3.3% 1.2% 97.4 123.2 $ 220.6 192.3 177.8 (2.5) 367.7 51% 69% 60% 48.5 74.5 (19.1) 104.0 25% 42% 28% Note: Q1'22, Q2'22, and Q3'22 Volume excludes embedded finance-related volumes of approximately $4.4 billion and $13.5 billion, and $10.4 billion, respectively. Note: Gross Profit has been calculated as revenue, less cost of services and depreciation and amortization. Gross profit is not presented within the Company's consolidated financial statements. $ 28,393 $ 2022 Q2 $ 33,361 $ 5,095 (126) 212.8 168.2 (2.1) $ 378.9 0.7% 3.3% 1.1% $ 49% 69% 58% $ 55.1 69.6 (21.8) 103.0 26% 41% 27% $ 27,827 $ $ 32,495 $ $ Q3 $ 4,786 (117) 104.2 115.7 97.4 116.8 $ 219.9 $ 214.2 $ 0.7% 3.4% 1.1% 203.7 163.0 (0.7) 366.0 48% 72% 59% 45.6 68.1 (18.3) 95.5 22% 42% 26% 22#23Statement regarding Non-GAAP financial measures To supplement the Company's condensed consolidated financial statements presented in accordance with generally accepted accounting principles, or GAAP, the company uses non-GAAP measures of certain components of financial performance. This includes Gross Profit (excluding depreciation and amortization), Gross Profit Margin (excluding depreciation and amortization), Adjusted EBITDA, Adjusted EBITDA margin, Free cash flow and Free cash flow conversion, Adjusted net income and Adjusted net income per share, which are supplemental measures that are not required by, or presented in accordance with, accounting principles generally accepted in the United States ("U.S. GAAP"). Gross Profit (excluding depreciation and amortization) is defined as revenue less cost of services (excluding depreciation and amortization). Gross Profit Margin (excluding depreciation and amortization) is defined as Gross Profit (excluding depreciation and amortization) as a percentage of revenue. Management believes Gross Profit to be a useful profitability measure to assess the performance of our businesses and ability to manage cost. Adjusted EBITDA is defined as net income/(loss) before the impact of income tax (benefit)/expense, interest expense, net, depreciation and amortization, share based compensation, impairment expense on goodwill and intangible assets, restructuring and other costs, loss/(gain) on disposal of a subsidiaries and other assets, net, and other income/(expense), net. These adjustments also include certain costs and transaction items that are not reflective of the underlying operating performance of the Company. Adjusted EBITDA margin is defined as Adjusted EBITDA as a percentage of Revenue. Management believes Adjusted EBITDA to be a useful profitability measure to assess the performance of our businesses and improves the comparability of operating results across reporting periods. Adjusted net income excludes the impact of certain non-operational and non-cash items. Adjusted net income is defined as net income/(loss) attributable to the Company before the impact of other non-operating income / (expense), net, impairment expense on goodwill and intangible assets, restructuring and other costs, accelerated amortization of debt fees, amortization of acquired assets, loss/(gain) on disposal of subsidiaries and other assets, share based compensation, discrete tax items and the income tax (benefit)/expense on these non-GAAP adjustments. Adjusted net income per share is adjusted net income as defined above divided by adjusted weighted average dilutive shares outstanding. Management believes the removal of certain non-operational and non-cash items from net income enhances shareholders ability to evaluate the Company's business performance and profitability by improving comparability of operating results across reporting periods. Free cash flow is defined as net cash flows provided by/used in operating activities, adjusted for the impact of capital expenditure, payments relating to restructuring and other costs, cash paid for interest and movements in customer accounts and other restricted cash. Capital expenditure includes purchases of property plant & equipment and purchases of other intangible assets, including software development costs. Capital expenditure does not include purchases of merchant portfolios. Free cash flow conversion is defined as free cash flow as a percentage of Adjusted EBITDA. Management believes free cash flow to be a liquidity measure that provides useful information about the amount of cash generated by the business. Management believes the presentation of these non-GAAP financial measures, when considered together with the Company's results presented in accordance with GAAP, provide users with useful supplemental information in comparing the operating results across reporting periods by excluding items that are not considered indicative of Paysafe's core operating performance. In addition, management believes the presentation of these non-GAAP financial measures provides useful supplemental information in assessing the Company's results on a basis that fosters comparability across periods by excluding the impact on the Company's reported GAAP results of acquisitions and dispositions that have occurred in such periods. However, these non-GAAP measures exclude items that are significant in understanding and assessing Paysafe's financial results or position. Therefore, these measures should not be considered in isolation or as alternatives to revenue, net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP. You should be aware that Paysafe's presentation of these measures may not be comparable to similarly titled measures used by other companies. In addition, the forward-looking non-GAAP financial measures of Adjusted EBITDA, Free Cash Flow conversion and Gross Profit provided herein have not been reconciled to comparable GAAP measures due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliations. We have reconciled the historical non-GAAP financial measures presented herein to their most directly comparable GAAP financial measures. A reconciliation of our forward-looking non-GAAP financial measures to their most directly comparable GAAP financial measures cannot be provided without unreasonable effort because of the inherent difficulty of accurately forecasting the occurrence and financial impact of the adjusting items necessary for such reconciliations that have not yet occurred, are out of our control, or cannot be reasonably predicted. For the same reasons, we are unable to address the probable significance of the unavailable information, which could be material to future results. Paysafe: 23#24GAAP Net (loss) income to adjusted EBITDA reconciliation Paysafe: ($ in thousands) Net income / (loss) Income tax (benefit) / expense Interest expense, net Depreciation and amortization (1) (1) Share based compensation expense Impairment expense on goodwill and intangible assets Restructuring and other costs Loss / (gain) on disposal of subsidiaries and other assets, net Other income, net Adjusted EBITDA Adjusted EBITDA Margin $ $ Three months ended September 30, 2022 978 $ 7,283 34,631 66,088 13,542 4,036 6,443 699 (38,230) 95,470 26.1% 2021 (147,106) (76,859) 19,272 61,832 8,713 322,210 14,833 (96,490) $ 106,405 30.1% Nine months ended September 30, 2022 $ (1,828,573) $ (52,749) 89,013 199,096 45,248 1,886,223 60,636 1,359 (97,863) 302,390 27.2% $ $ 2021 (200,850) (66,105) 144,291 197,408 92,830 324,145 22,321 (28) (175,573) 338,439 30.3% (1) Following an internal review of the disclosures in our terms and conditions of foreign exchange rates in our Digital Commerce business for the period January 2018 to August 2022, and pursuant to discussions with our regulator that were initiated by us and concluded in September 2022, we agreed to provide payments to certain customers. As a result, we recorded a provision of $33.6 million related to this matter as of June 30, 2022 in our interim financial statements filed on Form 6-K October 19, 2022. This was a subsequent event that occurred after the filing of our Q2 2022 earnings release and therefore was not reflected in the financial results included therein. The following line items have been updated to reflect this provision: Net (loss) / income, restructuring and other costs, and income tax (benefit) /expense. 24#25Reconciliation of GAAP net (loss) income to Adjusted net income Three months ended Nine months ended September 30, September 30, Paysafe: ($ in thousands) (unaudited) Net (loss) / income attributable to the Company Other non operating income, net (1) Impairment expense on goodwill and intangible assets Accelerated amortization of debt fees (2) Amortization of acquired assets (3) Restructuring and other costs Loss/ (gain) on disposal of subsidiaries and other assets, net Share based compensation expense Discrete tax items (4) Income tax (benefit) / expense on non-GAAP adjustments (5) Adjusted net income attributable to the Company (in millions) Weighted average shares - diluted Adjusted diluted impact Adjusted weighted average shares - diluted 2022 $ $ 978 $ (39,802) 4,036 41,479 6,443 699 13,542 4,663 (2,886) 29,152 728.0 728.0 $ 2021 (147,200) (98,036) 322,210 45,005 14,833 8,713 (6,623) (99,502) 39,400 723.7 0.1 723.8 2022 $ (1,828,944) $ (103,821) 1,886,223 127,028 60,636 1,359 45,248 11,639 (95,414) $ 103,954 725.7 1.4 727.1 $ 2021 (201,250) (187,302) 324,145 62,262 145,368 22,321 (28) 92,830 15,677 (140,421) (6) 133,602 (6) 723.7 0.3 724.0 Note: The following line items for Q2'22 and YTD'22 have been updated to reflect the provision related to the subsequent event as described on the prior slide (24): Net (loss) / income attributable to the company, restructuring and other costs, and income tax (benefit)/expense. (1): Other non operating (income) /expense, net primarily consists of income and expenses outside of the Company's operating activities, including fair value gain on derivative instruments, fair value gain on warrant liabilities and (gain) / loss on contingent consideration payable and receivables and gain on foreign exchange. For the three months and nine months ended September 30, 2022, this item includes the gain on the repurchase of secured notes. (2): Accelerated amortization of debt fees represents the non-cash amortization of debt fees relating to the refinancing and debt reduction in 2021. (3): Amortization of acquired asset represents amortization expense on the fair value of intangible assets acquired through various Company acquisitions, including brands, customer relationships, software and merchant portfolios. (4):Discrete tax items represents certain amounts within income tax (benefit)/expense, including changes in uncertain tax positions and the remeasurement of certain deferred tax balances due to changes in the statutory tax rates in certain jurisdictions. (5): Income tax (benefit) / expense on non-GAAP adjustments reflects the tax impact of the non-GAAP adjustments to net (loss)/income attributable to the Company to calculated adjusted net income. (6): Upon further review of the adjustments to non-GAAP net (loss)/income, amounts for the nine months ended September 30, 2021 have been updated from amounts previously presented for the six months ended June 30, 2021 to account for the tax impact related to accelerated debt fees. 25#26Operating Cash Flow to Free Cash Flow reconciliation (LTM) Paysafe: ($ in thousands) Net cash flows provided by (used in) operating activities Capital expenditure Cash paid for interest Payments relating to restructuring and other costs Movement in Customer Accounts and other restricted cash Free Cash Flow Adjusted EBITDA Free Cash Flow Conversion Note: LTM = last twelve months LTM Q3 2022 $ 1,505,087 (92,001) 92,368 38,388 (1,284,460) $259,382 407,848 64% LTM Q3 2021 $ 328,903 (81,748) 99,390 15,511 (11,943) $350,113 433,783 81% 26#27Operating Cash Flow to Free Cash Flow reconciliation Paysafe: ($ in thousands) Net cash (outflows) / inflows from operating activities Capital Expenditure Cash paid for interest Payments relating to Restructuring and other costs Movement in Customer Accounts and other restricted cash Free Cash Flow Adjusted EBITDA Free Cash Flow Conversion $ Three months ended September 30, 2022 (6,228) $ (24,962) 19,010 8,732 109,967 $106,519 95,470 112% 2021 51,590 (22,914) 6,933 8,035 26,508 $70,152 106,405 66% $ Nine months ended September 30, 2022 1,373,219 $ (69,693) 63,620 28,868 (1,189,690) $206,324 302,390 68% 2021 92,600 (61,535) 62,797 12,215 127,199 $233,276 338,439 69% 27#28GAAP Gross Profit to Gross Profit (excl. D&A) reconciliation Paysafe: ($ in thousands) Revenue Cost of services (excluding depreciation and amortization) Depreciation and amortization Gross Profit (¹) Depreciation and amortization Gross Profit (excluding depreciation and amortization) $ $ Three months ended September 30, 2022 365,988 $ 151,810 66,088 148,090 66,088 $214,178 $ 2021 353,585 $ 144,852 61,832 146,901 $ 61,832 $208,733 Nine months ended September 30, 2022 1,112,569 $ 457,900 199,096 455,573 $ 199,096 $654,669 2021 1,115,352 451,667 197,408 466,277 197,408 $663,685 (1): Gross Profit has been calculated as revenue, less cost of services and depreciation and amortization. Gross profit is not presented within the Company's consolidated financial statements. 28#29Third Quarter 2022 Earnings THANK YOU Paysafe: