Nuvei Results Presentation Deck slide image

Nuvei Results Presentation Deck

Mazooma acquisition Overview Leading account-to-account payments provider in U.S. online gaming and sports Patented technology can be found on the cashier of igaming and sports wagering operators in the U.S. Offers a best-in-class experience, seamless integration, and secure bank connections Registered vendor in 9 states, with permission in 12 states, and holds money transmitter licenses and exemptions in 47 states Instant Bank Transfer payment solution featuring same-day ACH for pay- ins and payouts; connected to 11,000 financial institutions in the U.S. Integrated with the majority of U.S. gaming platforms and online gaming and sports betting operators and is expected to process more than $2B of ACH total volume (¹) in 2021 Strategic Rationale Enhances and expands Nuvei's portfolio of APMs with a leading ACH platform with both pay-in and payout functionality Gives Nuvei the vendor registration, compliance, and infrastructure to address merchant's requirements in regulated U.S. states Transaction Summary Announced acquisition on April 16, 2021 Purchase price of $56 million plus additional consideration subject to the achievement of specific performance criteria (over a maximum 3-year period from the closing date); total max consideration of ~$315 million -24% of the consideration is expected to be paid via the issuance of subordinate voting shares with the remainder to be paid in cash Transaction is subject to the prior approval of the Toronto Stock Exchange as well as customary closing conditions 26 (1) Total volume does not represent revenue earned by Mazooma, but rather the total dollar value of transactions processed by merchants under contractual agreement with Mazooma. Total volume is explained in further detail in the Company's most recent Management's Discussion and Analysis of Financial Condition and Results of Operations. nuvei Payment Technology Partner
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