Sezzle Results Presentation Deck

APPENDIX II: RECONCILIATION OF GAAP TO NON-GAAP MEASURES NON-TRANSACTION RELATED OPERATING EXPENSES (in $US thousands) Operating expenses Transaction expenses Provision for uncollectible accounts Reimbursement of merger-related costs Non-transaction related operating expenses (in $US thousands) Net income (loss) Depreciation and amortization Income tax expense Equity and incentive-based compensation Other income and expense, net Merger-related costs Reimbursement of merger-related costs Write-off of unamortized debt issuance costs ADJUSTED EBTDA AND ADJUSTED EBITDA For the month ended January 31, 2023 Loss on extinguishment of line of credit Fair value adjustment on warrants Adjusted EBTDA Net interest expense Adjusted EBITDA $ $ $ $ For the three months ended December 31, 2022 September 30, 2022 June 30, 2022 33,534 $ 23,909 $ (9,320) (5,680) 11,000 19,909 $ $ $ (187) 65 - 790 11 339 1,018 2,007 $ $ 989 $ $ (9,547) (5,401) December 31, 2022 September 30, 2022 634 $ 4,344 $ 198 207 21 11 2,619 18,586 $ 2,103 200 814 (50) 3,919 $ 3,124 $ 7,043 $ (48) 101 (11,000) 316 (3,450) $ 2,192 $ (1,258) $ (155) 42,805 $ (10,115) (7,891) 2,059 24,799 $ For the three months ended June 30, 2022 (15,084) $ 219 17 1,863 March 31, 2022 (11,082) $ 1,670 $ (9,412) $ March 31, 2022 (27,989) $ 224 21 3,731 228 4,405 December 31, 2021 57,279 (13,892) (19,741) (19,379) $ 1,615 $ (17,764) $ 53,758 $ (11,794) (10,466) 31,498 $ December 31, 2021 December 31, 2020 (25,922) $ (16,055) 211 135 7 23 505 5,530 48 114 642 - 23,646 (24,508) $ 1,517 $ (22,991) $ (10,254) 1,299 (8,954) SEZZLE INC 4Q22 Presentation | 23

View entire presentation