Investor Presentaiton

EML Payments H1 FY2022 Financial Results FY2022 Financial Guidance Interest Rates & Stored Float Overview - EML benefits as interest rates rise due to our large Stored Value Float As at 31 December 2021, EML held an AUD equivalent of $2.7b in its stored float, $2.3b of which was held in cash and a further $400m in highly rated, low-risk bonds Current Central Bank Positions - The US Federal Reserve kept rates unchanged at its January 2022 meeting but noted "with inflation well above 2% and a strong labor market," it expects to soon raise the target fed funds rate The Bank of England raised interest rates at its February 2022 meeting by 25bps following a 15bps increase in December 2021 The Reserve Bank of NZ increased the target cash rate by 25bps in both October and November 2021 Key members of the European Central Bank have also indicated there may be a need to raise EUR rates toward the end of calendar year 2022 depending on the medium term inflation outlook EML Stored Float & Rising Interest Rates — - Based on our current banking arrangements, if rates across all jurisdictions were to rise 1% from the current historic lows, this would add $14-15m to annual EBITDA EML previously announced it is looking to increase the size of its low risk bond portfolio to offset negative interest rates being experienced on EURO balances which will help to improve returns in H2 FY2022 ~$3-4m ~$7-8m ~$10-11m 36 ~$14-15m +25bps +50bps +75bps +100bps CAD Float Cash GBP Float Cash AUD Float Cash EUR Float Cash EML Stored Float Summary [AUD Equivalent $millions) AUS CAD EUR GBP USD Other Total Stored Float Cash 255 138 677 723 389 101 2,282 Stored Float Bonds 43 343 14 399 2,682

View entire presentation