Investor Presentaiton

EML Payments H1 FY2022 Financial Results Overheads Underlying Overheads $48.5m 24% 15% 7% - Underlying overheads for the Group increased 24% on PCP. Increase primarily reflects continued investment in EMLs European operations, to implement the remediation plan in response to the CBI investigation. The PFS business accounted for 63% of the increase. The consolidation of the Sentenial Group from 1 October 2021 accounted for 23% of Group overheads increase. · Employment related expenses fell to 63% of Group cash overheads primarily due to the increase in professional fees, risk and compliance and IT costs. Professional fees increased $0.6m vs PCP primarily as a result of additional internal and external audit fees required as a result of the CBI matter. Other costs increases were driven primarily by increased insurance costs. Capitalised $4.9m of internally developed software. This is in line with prior period however is a lower proportion of our total IT spend due to a focus on maintenance and remediation activities. Underlying overheads exclude CBI related costs of $2.2m and the provision for the Shine class action defence costs of $10.5m. Overheads 15% $50k 63% $40k $30k $20k $39.2m Employee Costs Professional Fees $10k Other ICT $1.5m $2.8m $2.2m $0.6m $2.1m $48.5m H1 FY21 Costs Sentenial Employee Costs Professional Fees ICT Other H1 FY22 Costs 1 Underlying Overheads excludes CBI and related costs including the provision for the Shine Group Proceedings litigation defence. 29

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