Q2 2022 Results August 4th, 2022 1 Green Dot Corporation 1 Green Dot Corporation – Confidential – Confidential Safe Harbor Statement As a reminder, our comments may include forward-looking statements and expectations regarding future results and performance. Please refer to the cautionary language in the earnings release and in Green Dot's filings with the Securities and Exchange Commission, including our most recent Form 10-K and 10-Q, for additional information concerning factors that could cause actual r ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34819 (Exact name of Registrant as specified in its charter) Delaware ...

Green Dot Corporation (NYSE:GDOT) Q1 2022 Earnings Conference Call May 5, 2022 6:00 PM ET Company Participants Tim Willi - Senior Vice President of Investor Relations & Corporate Development Dan Henry - President & Chief Executive Officer George Gresham - Chief Financial Officer & Chief Operating Officer Conference Call Participants Damian Wille - Barclays Andrew Jeffrey - Truist Securities George Sutton - Craig-Hallum Capital Mike Grondahl - Northland Capital Markets Andrew Schmidt - Citigroup Inc. Operato ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________ FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34819 (Exact name of Registrant as specified in its charter) (State or othe ...

Financial Data and Key Metrics Changes - The company reported GAAP revenue growth of 14% and GAAP EPS more than doubled to $0.85 for Q4 2021 [8] - Non-GAAP revenue for Q4 2021 was $321 million, up 17% year-over-year, while adjusted EBITDA was $34 million, consistent with the prior year [25][32] - Non-GAAP EPS for Q4 2021 declined 13% to $0.27 due to an increase in the non-GAAP effective tax rate [26] Business Line Data and Key Metrics Changes - In the Consumer Services segment, revenue grew by $6.5 million or 4% to $161 million, with segment profit also increasing by 4% to $54 million [27] - The B2B Services segment saw significant growth, with gross dollar volume, purchase volume, and active accounts increasing by 48%, 30%, and 15% respectively, leading to a revenue increase of $45 million or 58% to $122 million [29] - The Money Movement segment experienced a revenue decline of $8 million or 17% due to the decision not to renew a low-margin reload partner [30] Market Data and Key Metrics Changes - The company estimates that customers received approximately $7 billion in government-related benefits, which significantly impacted gross dollar volume [34] - The expiration of unemployment benefits contributed to a 17% decline in gross dollar volume and active accounts in Q4 2021 [28] Company Strategy and Development Direction - The company is focused on a technology transformation that includes consolidating processing activities, implementing modern risk management tools, and creating a cloud-native stack [36][37] - The management emphasized the importance of their own bank as a differentiator and plans to enhance monetization through technology improvements [21] - The company aims to leverage its extensive network of over 90,000 locations to enhance customer engagement and brand marketing [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to adapt and grow despite industry challenges and the impact of stimulus roll-offs [9][23] - The company expects modest contributions to EBITDA in 2022, with more significant impacts anticipated in 2023 [55] - Full year 2022 non-GAAP revenue is expected to be in the range of $1.39 billion to $1.43 billion, with adjusted EBITDA between $225 million and $235 million [46] Other Important Information - The company announced a $100 million share repurchase program to be executed throughout 2022 [48] - An Investor Day is planned for November 2022 to share strategy and expectations for future growth [48] Q&A Session Summary Question: Investment in the business and growth focus - Management indicated that while investments will continue, modest EBITDA contributions are expected in the latter half of 2022, with more significant returns anticipated in 2023 [54][55] Question: Appetite for strategic combinations - Management prefers organic growth but remains open to opportunistic acquisitions if interesting assets become available [57] Question: Health of new customer acquisition in Consumer Services - The focus is on quality customer acquisition, particularly those committing to direct deposit, with customer acquisition costs remaining within target bounds [61][62] Question: Technology transformation and product rollout - Management confirmed that the technology transformation will not inhibit new product development, with parallel efforts ongoing [64] Question: Federal funds rate impact on business - Management confirmed that guidance assumes modest federal funds rate hikes, which will impact cash balances at the bank [70][72] Question: Share repurchase strategy - The share repurchase will be executed methodically over the year, with potential for more aggressive actions if share prices become dislocated [73] Question: Demand for earn wage access products - Management expressed optimism about the traction of earn wage access products, leveraging existing PayCard clients [78] Question: Walmart relationship and future developments - Management reaffirmed a strong partnership with Walmart, emphasizing the value of their long-term relationship [82]

THIRD QUARTER 2021 EARNINGS November 4, 2021 SAFE HARBOR STATEMENT Green Dot Corporation – Confidential 1 As a reminder, our comments may include forward-looking statements and expectations regarding future results and performance. Please refer to the cautionary language in the earnings release and in Green Dot's filings with the Securities and Exchange Commission, including our most recent Form 10-K and 10-Q, for additional information concerning factors that could cause actual results to differ materially ...

Green Dot Corporation (NYSE:GDOT) Q3 2021 Earnings Conference Call November 4, 2021 5:00 PM ET Company Participants Tim Willi - Senior Vice President of Investor Relations and Corporate Development Dan Henry - Chief Executive Officer and President Mike Althouse - Chief Compliance Officer George Gresham - Chief Finance and Chief Operating Officer Jess Unruh - Chief Administrative Officer Conference Call Participants George Sutton - Craig-Hallum Lance Jessurun - Jefferies Operator Good day, and welcome to Gre ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34819 (Exact name of Registrant as specified in its charter) Delaw ...

SUPPLEMENTAL FINANCIAL INFORMATION | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|---------------|-------|---------|-------|-------|-------|-------|----------|---------------|--------------------------------------|-------|---------------|-------|-------------| | Reconciliation of Total ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34819 (Exact name of Registrant as specified in its charter) Delaware 9 ...