Nuvei Results Presentation Deck slide image

Nuvei Results Presentation Deck

Simplex acquisition Overview Simplex provides the fiat infrastructure for the crypto industry, connecting market participants including exchanges, brokers, wallet and liquidity providers Delivers the infrastructure for users to buy or sell cryptocurrencies (on- ramp/off-ramp capabilities) using credit and debit cards, with simplified API integrations for wallets and exchanges Pioneered the first riskless global fiat onramp using a credit and debit card, which promises a zero chargeback guarantee Simplex processed approximately $500 million of total volume (1) in 2020 and is expected to process more than $2.0 billion of total volume (¹) in 2021 Strategic Rationale Expands Nuvei's capabilities to offer bespoke AML/KYC solutions, transaction guarantee solutions, and valued added services to 190 liquidity providers and partners. Provides Nuvei with an EMI license to offer IBAN accounts to end users and corporations, and offers future banking and card issuing capabilities Adds turnkey simplicity to the process of buying and selling cryptocurrency and converting it back to fiat within a user account Bridges the gap between the blockchain space and traditional finance Transaction Summary Announced on May 6, 2021 Purchase price of approximately $250 million, paid in cash Transaction is subject to customary closing conditions and regulator approval 28 (1) Total volume does not represent revenue earned by Simplex, but rather the total dollar value of transactions processed by merchants under contractual agreement with Simplex. Total volume is explained in further detail in the Company's most recent Management's Discussion and Analysis of Financial Condition and Results of Operations. nuvei Payment Technology Partner
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