Paycor Results Presentation Deck

SMB Opportunity is Massive and Growing $37B Future TAM # of U.S. employees at firms with 10-1,000 employees x $50 Future List PEPM $29B Current TAM # of U.S employees at firms with 10-1,000 employees x $39 List PEPM (1) (2) $353M 2 Paycor's current penetration Source: U.S. Bureau of Labor Statistics, National Business Employment Dynamics Data by Firm Size Class: 2021. (1) Refers to our list per-employee per-month ("PEPM") rate as of 6/30/2021 for our full suite of products. (2) Represents our Total Revenue for the fiscal year ended June 30, 2021. Confidential: Not for reproduction or distribution without express written consent from Paycor. 8

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