Paya SPAC Presentation Deck

Key Balance Sheet Information Paya's conservative capital structure provides significant financial flexibility Cash Balance Term Loan Revolver Financial Covenants • Cash balance (Q2 2020): $25MM Balance outstanding (Q2 2020): $230MM • Interest rate: LIBOR +5.25% • Annual principal payments (paid quarterly through June 2027): $2.4MM • Maturity: August 2027 • Capacity: $25MM • Currently undrawn • Maturity: August 2025 • Net Leverage Ratio: 7.25x through December 2022 - 6.75x March 31, 2023 and thereafter 40%+ covenant cushion - 35 paya

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