PRIORITY TECHNOLOGY HOLDINGS Priority (Nasdaq: PRTH) Suppl ement a l Sl i des: Second Qua rt er 2 02 2 Ea rni ngs C a l l August 9, 2022 DISCLAIMER Important Notice Regarding Forward-Looking Statements and Non-GAAP Measures This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions ...

Revenue Growth - For the three months ended June 30, 2022, consolidated revenue was $166.4 million, an increase of $41.4 million, or 33.1%, from $125.0 million for the same period in 2021[125]. - For the six months ended June 30, 2022, consolidated revenue reached $319.7 million, up by $81.4 million, or 34.2%, from $238.3 million for the same period in 2021[126]. - Merchant card fees revenue for the three months ended June 30, 2022 was $139.8 million, an increase of $21.4 million, or 18.1%, from $118.4 million for the same period in 2021[127]. - Outsourced services and other services revenue for the three months ended June 30, 2022 was $6.9 million, an increase of $2.1 million, or 43.8%, from $4.8 million for the same period in 2021[129]. - Money transmission services revenue for the three months ended June 30, 2022 was $17.2 million, related to the business acquired from Finxera in September 2021[131]. - Revenue from the SMB Payments segment was $142.5 million for the three months ended June 30, 2022, representing an increase of $22.2 million, or 18.5%, compared to $120.3 million in the same period of 2021[152]. - For the six months ended June 30, 2022, SMB Payments segment revenue reached $272.5 million, an increase of $43.1 million, or 18.8%, from $229.4 million in the same period of 2021[153]. - Revenue from the B2B Payments segment was $5.3 million for the three months ended June 30, 2022, an increase of $1.3 million, or 32.5%, compared to $4.0 million in the same period of 2021[159]. - Revenue from the B2B Payments segment was $11.2 million for the six months ended June 30, 2022, a 49.3% increase from $7.5 million in the same period of 2021[160]. - Revenue from the Enterprise Payments segment was $18.6 million for the three months ended June 30, 2022, a significant increase from $0.7 million in the same period of 2021, driven by the Finxera acquisition[165]. Operating Expenses - Total operating expenses for the three months ended June 30, 2022 were $153.4 million, an increase of $35.8 million, or 30.5%, from $117.6 million for the same period in 2021[133]. - Cost of revenue for the three months ended June 30, 2022 was $110.7 million, an increase of $20.9 million, or 23.3%, from $89.8 million for the same period in 2021[134]. - Salary and employee benefits expense for the three months ended June 30, 2022 was $15.8 million, an increase of $5.4 million, or 51.9%, from $10.4 million for the same period in 2021[136]. - Depreciation and amortization expense for the three months ended June 30, 2022 was $17.5 million, an increase of $6.8 million, or 63.6%, from $10.7 million for the same period in 2021[138]. - Selling, general and administrative expenses for the three months ended June 30, 2022 were $9.3 million, an increase of $2.6 million, or 38.8%, from $6.7 million for the same period in 2021[140]. Interest and Other Expenses - Interest expense for the three months ended June 30, 2022, was $12.3 million, an increase of $5.0 million, or 68.5%, from $7.3 million in the same period of 2021, primarily due to additional borrowings for the acquisition of Finxera[143]. - For the six months ended June 30, 2022, interest expense was $23.9 million, up $7.4 million, or 44.8%, from $16.5 million in the same period of 2021, also driven by the acquisition-related borrowings[144]. - Total other expense, net for the three months ended June 30, 2022, was $(12.3) million, a decrease of $3.1 million from $(15.4) million in the same period of 2021[142]. Operating Income - Operating income from the SMB Payments segment was $14.0 million for the three months ended June 30, 2022, a decrease of $0.4 million, or 2.8%, from $14.4 million in the same period of 2021[154]. - For the six months ended June 30, 2022, operating income from the SMB Payments segment was $26.5 million, down $1.2 million, or 4.3%, from $27.7 million in the same period of 2021[155]. - Operating income from the B2B Payments segment was $663,000 for the three months ended June 30, 2022, compared to $21,000 in the same period of 2021, reflecting a significant improvement[158]. - Operating income from the B2B Payments segment was $1.1 million for the six months ended June 30, 2022, compared to an operating loss of $0.4 million for the same period in 2021[163]. - Operating income from the Enterprise Payments segment was $10.2 million for the six months ended June 30, 2022, compared to $0.3 million for the same period in 2021[168]. Tax and Cash Flow - The effective tax rate for 2022 was 61.9%, significantly higher than the -18.7% in 2021, primarily due to changes in the valuation allowance against certain business interest carryover deferred tax assets[146]. - Net cash provided by operating activities was $30.3 million for the six months ended June 30, 2022, a 409.2% increase from net cash used in operating activities of $9.8 million in the same period of 2021[177]. - Net cash used in investing activities was $12.7 million for the six months ended June 30, 2022, a decrease from $83.1 million in the same period of 2021[178]. Debt and Liquidity - As of June 30, 2022, the company had outstanding debt obligations of $608.4 million, a decrease of $1.9 million from $610.3 million at December 31, 2021[180]. - The company had cash totaling $22.2 million as of June 30, 2022, compared to $20.3 million at December 31, 2021[174]. - The current portion of long-term debt included in current liabilities was $6.2 million as of June 30, 2022[174]. - The company anticipates that cash on hand and funds generated from operations will be sufficient to meet working capital requirements for at least the next 12 months[172].

Priority Technology Holdings, Inc. (NASDAQ:PRTH) Q1 2022 Earnings Conference Call May 11, 2022 11:00 AM ET Company Participants Chris Kettmann – Investor Relations Tom Priore – Chairman and Chief Executive Officer Mike Vollkommer – Chief Financial Officer Conference Call Participants Steve Moss – B. Riley Securities Brian Kinstlinger – Alliance Global George Mihalos – Cowen Operator Good morning, ladies and gentlemen, thank you for standing by. And welcome to Priority Technology First Quarter 2022 Earnings ...

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 Priority Technology Holdings, Inc. Commission file number: 001-37872 Priority Technology Holdings, Inc. (Exact name of registrant as specified in its charter) Delawar ...

Priority Technology Holdings, Inc. (NASDAQ:PRTH) Q4 2021 Earnings Conference Call March 17, 2022 11:00 AM ET Company Participants Chris Kettmann - Investor Relations Thomas Priore - Chairman and Chief Executive Officer Michael Vollkommer - Chief Financial Officer Conference Call Participants George Mihalos - Cowen & Company, LLC Brian Kinstlinger - Alliance Global Partners Operator Thank you for standing by, and welcome to Priority Technology's Fourth Quarter and Full-Year 2021 Earnings Conference. At this ...

Financial Performance Highlights - Fourth quarter revenue increased by 357% to $1440 million from $1061 million in Q4 2020[39] - Gross profit increased by 498% to $487 million from $325 million in Q4 2020[39] - Adjusted EBITDA increased by 808% to $329 million from $182 million in Q4 2020[39] - Full year Adjusted EBITDA increased 370% to $963 million from $703 million[59] - The company forecasts revenue between $650 million and $665 million for 2022, representing a growth rate of 26% to 29%[73] - Adjusted EBITDA is projected to range from $145 million to $150 million in 2022, indicating a growth rate of 51% to 56%[73] Segment Performance - SMB revenue increased by 197% to $1215 million from $1015 million[41] - B2B revenue increased by 385% to $54 million from $39 million[44] - Enterprise revenue increased significantly by $164 million to $171 million from $07 million, primarily due to the acquisition of CFT Pay (Finxera)[44] - CPX revenue within B2B segment increased by 733% to $26 million from $15 million[44] Key Metrics - Merchant bankcard processing dollar value for SMB payments increased by 251% to $138478 million in Q4 2021 compared to $110708 million in Q4 2020[42] - Merchant bankcard transaction volume for SMB payments increased by 223% to 1471 million in Q4 2021 compared to 1203 million in Q4 2020[42]

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 ☐ 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: 001-37872 Priority Technology Holdings, Inc. (Exact name of registrant as specified in its charter) | Delaware | | 47-4257046 ...

Priority Technology Holdings, Inc. (NASDAQ:PRTH) Q3 2021 Earnings Conference Call November 15, 2021 11:00 AM ET Company Participants Chris Kettmann - Investor Relations Tom Priore - Chairman and Chief Executive Officer Mike Vollkommer - Chief Financial Officer Conference Call Participants Brian Kinstlinger - Alliance Global George Mihalos - Cowen Andrew Scutt - ROTH Capital Partners Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps wi ...

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 Priority Technology Holdings, Inc. Commission file number: 001-37872 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Priority Technology Holdings, Inc. Commission file number: 001-37872 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Delaware 47-4257046 2001 Westside Parkway Suite 155 Alpharetta, GA 30004 ☒ QUARTE ...