Paysafe Results Presentation Deck slide image

Paysafe Results Presentation Deck

Leverage 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
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