Sterling Results Presentation Deck

30 Appendix - Non-GAAP to GAAP Reconciliation Adjusted Net Income and Adjusted EPS Reconciliation (in thousands, except per share amounts) Net (loss) income Income tax benefit (Loss) income before income taxes Amortization of acquired intangible assets Stock-based compensation Transaction expenses (1) Restructuring (2) Technology Transformation (3) Settlements impacting comparability (4) (Gain) loss on interest rate sw aps (5) Other (6) Adjusted Net Income before income tax effect Income tax effect(7) Adjusted Net Income Net (loss) income per share-diluted Adjusted Earnings Per Share-basic Adjusted Earnings Per Share-diluted $ $ $ Three Months Ended December 31, 2020 (1,060) $ (12,280) (13,340) 15,056 1,708 1,406 1,768 2,872 2,662 (153) 383 12,362 3,214 9,148 $ (0.01) $ 0.10 0.10 2021 2,704 $ (2,381) 323 13,545 5,344 4,292 655 3,950 468 (168) 298 28,707 6,123 22,584 GAGA 0.03 $ 0.24 0.23 Year Ended December 31, 2021 2020 (52,293) $ (11,562) (63,855) 60,346 3,465 3,029 8,838 10,920 2,922 9,451 918 36,034 9,369 26,665 $ (0.59) $ 0.30 0.30 (18,527) (10,461) (28,988) 52,777 32,580 43,046 4,915 13,088 468 31 1,123 119,040 26,808 92,232 (0.21) 1.02 0.97 (in thousands, except share and per share amount Net (loss) income Undistributed losses (income) allocated to stockholders Weighted average number of shares outstanding-basic Weighted average number of shares outstanding-diluted Net (loss) income per share-basic Net (loss) income per share-diluted $ $ Weighted average number of shares outstanding-basic Weighted average number of shares outstanding-diluted Adjusted earnings per share- basic Adjusted earnings per share - diluted $ Adjusted Net Income Less: Undistributed amounts allocated to participating securities Undistributed adjusted earnings allocated to stockholders $ $ $ Three Months Ended December 31, 2021 2020 (1,060) $ (1,060) $ 88,554,962 88,554,962 (0.01) $ (0.01) 9,148 $ 13 9,135 $ 88,554,962 88,637,301 0.10 $ 0.10 2,704 $ 2,704 $ 93,963,227 99,690,693 0.03 $ 0.03 22,584 $ 22,584 93,963,227 99,690,693 $ 0.24 $ 0.23 Year Ended December 31, 2020 (52,293) $ (52,293) $ 88,345,312 88,345,312 (0.59) $ (0.59) 26,665 $ 9 26,656 88,345,312 88,419,588 0.30 0.30 $ $ 2021 (18,527) (18,527) 90,218,386 90,218,386 (0.21) (0.21) 92,232 92,232 90,218,386 95,082,550 1.02 0.97 Sterling

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