Paycor Investor Presentation Deck

GAAP to Non-GAAP Reconciliation Revenue Gross Profit Gross Profit Margin Amortization of intangible assets Stock-based compensation expense Corporate adjustments Adjusted Gross Profit Adjusted Gross Profit Margin Amortization of deferred contract costs Amortization of capitalized software Depreciation Adjusted Gross Profit, Excluding D & A Adjusted Gross Profit Margin, Excluding D&A Note: $ in millions. Amounts may not foot due to rounding. Three Months Ended December 31, 2021 $103.1 $62.0 60.1% $4.9 $1.8 $0.0 $68.7 66.6% $4.1 $5.4 $0.7 $78.9 76.5% Reconciliation to Adjusted Gross Profit Excluding D&A Three Months Ended December 31, 2020 $85.9 $49.0 57.1% $11.7 $0.2 $0.0 $61.0 71.0% $2.5 $3.1 $0.5 $67.1 78.1% Fiscal Year Ended June 30, 2021 $352.8 $198.3 56.2% $46.1 $0.5 $0.0 $244.9 69.4% $10.6 $13.8 $2.6 $271.9 77.1% Fiscal Year Ended June 30, 2020 $327.9 $188.2 57.4% $42.9 $0.6 $1.7 $233.4 71.2% $5.7 $6.9 $2.5 $248.4 75.8% Fiscal Year Ended June 30, 2019 $291.5 $182.0 62.4% $28.1 $0.4 $0.3 $210.7 72.3% $5.8 $5.5 $2.3 $224.4 77.0% 20

View entire presentation