Paycor Investor Presentation Deck

GAAP to Non-GAAP Reconciliation (cont'd) Net cash provided (used) by operating activities Purchase of property and equipment Internally developed software costs Corporate adjustments Adjusted Free Cash Flow Adjusted Free Cash Flow Margin Three Months Ended June 30, 2023 $31.7 ($1.8) ($11.7) $1.0 $19.3 13.8% Three Months Ended June 30, 2022 $12.7 ($0.1) ($8.1) $0.8 $5.3 4.7% Reconciliation to Adjusted Free Cash Flow Fiscal Year Ended June 30, 2023 $48.1 ($5.0) ($42.3) $9.0 $9.8 1.8% Fiscal Year Ended June 30, 2022 $24.4 ($2.0) ($30.8) $4.7 ($3.8) (0.9)% Fiscal Year Ended June 30, 2021 $10.8 ($3.3) ($22.0) $7.7 ($6.8) (1.9)% Fiscal Year Ended June 30, 2020 $0.1 ($7.8) ($18.8) $12.1 ($14.4) (4.4)% Fiscal Year Ended June 30, 2019 Note I: $ in millions. Amounts may not foot due to rounding. Note II: FY¹19 actuals are the sum of the non-GAAP Successor Period (period from November 2, 2018 to June 30, 2019) and non-GAAP Predecessor Period (period from July 1, 2018 to November 1, 2018), and are reported in such a manner throughout this presentation. $ in millions. Amounts may not foot due to rounding. ($12.6) ($1.9) ($18.8) $31.5 ($1.8) (0.6)% 22

View entire presentation