Paysafe SPAC Presentation Deck

GAAP to Non-GAAP Reconciliation ($ in millions) Organic Adjusted EBITDA Adjustments for acquired businesses (¹) Adjustments for disposed or discontinued businesses(¹) Individually immaterial items Adjusted EBITDA Depreciation and Amortization Organic Adjusted EBITDA Impairment Expense on Intangible Assets Restructuring and Other Costs (2) Gain on disposal of a subsidiary, net Operating Income Other (expense)/income, net Other interest expense, net Loss before taxes Income tax benefit/(expenses) Net Loss Unaudited Unaudited 2019A 2018A 468.6 (1.0) (1.3) 466.3 (279.8) (88.8) (50.7) 4.8 51.8 (13.9) (164.6) (126.7) 14.8 (111.9) 442.0 (42.1) 8.1 408.0 (234.3) (57.8) 115.9 6.0 (156.0) (34.1) (6.9) (41.0) ($ in millions) Organic Revenue Adjustments for acquired businesses (1) Adjustments for disposed or discontinued businesses (1) Revenue ($ in millions) Adjusted OPEX Organic Revenue Individually immaterial items Adjusted OPEX Adjustments for acquired businesses (1) Adjustments for disposed or discontinued businesses (1) Selling, General and Administrative Expenses Unaudited 2019A 1,389.7 28.4 1,418.1 Unaudited 2019A 417.4 24.4 1.3 443.1 Paysafe: Unaudited 2018A 1,227.4 (130.0) 43.3 1,140.7 Basis of Presentation: The historical non-GAAP measures used in this presentation have been reconciled to their most directly comparable GAAP financial measures derived from the unaudited consolidated income statements of Pi Jersey Holdco 1.5 Limited for the years ended December 31, 2019 and 2018. (1) These adjustments give effect to acquisitions and dispositions that occurred in the relevant reporting period as if such acquisitions and dispositions had occurred at the beginning of the relevant reporting period. These adjustments have not been prepared in accordance with the applicable requirements of Rule 11-02 of Regulation S-X concerning pro forma financial information. See Slide 49 for additional information. (2) Restructuring and other costs include acquisition costs related to the Company's merger and acquisition activity, restructuring costs, transaction costs and strategic transformation costs resulting from value creation initiatives following business acquisitions, including certain professional advisory costs, office closure costs and resulting severance payments to employees. 50

View entire presentation