Paycor Investor Presentation Deck

Q3 & FY'23 Guidance Total Revenue Year-over-year Growth Adjusted Operating Income Adjusted Operating Income Margin Q3 FY'23 $155 to $157 26.4% to 28.1% $35.0 to $36.0 22.6% to 22.9% FY'23 $539 to $545 25.5% to 26.9% $75 to $78 13.9% to 14.3% Note: We are unable to reconcile forward-looking adjusted operating income to forward-looking loss from operations, the most closely comparable GAAP financial measure, because the information needed to provide forward-looking loss from operations and to complete a reconciliation is unavailable at this time without unreasonable effort as the Company is currently unable to predict with a reasonable degree of certainty the type and extent of certain items that would be expected to impact loss from operations for these periods but would not impact adjusted operating income. Such items include stock-based and liability incentive expenses and corporate adjustments. $ in millions. 14

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