H1 FY23 Financial Performance

1 Margin Analysis Tyro Core Payments Business¹ Margins as a proportion of Transaction Value (bps) 100.0 95.0 91.2 87.5 88.0 90.0 84.0 85.0 81.6 80.8 79.7 80.0 75.0 70.0 65.0 60.0 55.0 50.0 44.8 43.4 42.3 42.9 42.4 45.0 41.3 41.3 40.0 36.0 > 33.0 33.5 33.3 33.4 35.0 31.3 32.2 30.0 25.0 20.0 15.0 10.0 5.0 H1 FY20 H2 FY20 H1 FY21 H2 FY21 H1 FY22 H2 FY22 H1 FY23 MSF Net MAF Margin Payments Gross Profit Margin Tyro Core Payments business consists of Tyro merchants inclusive of Medipass merchants from 31 May 2021 (excluding Bendigo). MSF up 4.0bps on H2 FY22 and 7.2bps on H1 FY22: > > Implemented price increases in March 2022 and September 2022 to account for scheme and interchange fee increases from Q4 FY22 Addition of new micro and small merchants driving MSF up Net MAF up 0.1bps on H2 FY22 and 1.2bps on H1 FY22: > > Benefit of price increases flowed through to net MAF Countered by increase in international card usage at a higher direct cost International cards represent 2.3% of total transaction value for H1 FY23 compared to 0.6% in H1 FY22 and 1.5% in H2 FY22. Gross profit margin maintained: > > Payments gross profit margin diluted due to fixed terminal rental income over increased transaction value for the period Total H1 FY23 terminal rental of $16.9 million - up 11% compared to transaction value up 37% 15

View entire presentation