Shift4 Payments — Feb 26, 2026 release

FCF Bridge and we maintain a steady merchant volume backlog of $32B+ Merchant volume backlog of $32B+ @ justine update charts - sent snips (and see what you can do with these bullets....eek 2026 GRLNF Growth Algorithm Bullets for off to the right side or underneath if you can: -Net Payments-Based Revenue: expected to account for ~60% of GRLNF growth in 2026, with a geographic distinction between the mature Americas market (little annualization of M&A impact) and the fast-growing Worldwide (ex-Americas) market -Tax-Free Shopping: expected to account for ~40% of GRLNF growth in 2026, largely driven by the annualization given the July 3rd timing of the Global Blue acquisition close (otherwise should be viewed as delivering pro-forma MSD growth) Subscription & Other: expected to be flat for the year with quarterly volatility given composition of deprecating legacy revenue streams and payments-based conversion incentive revenues Expecting stable spreads in 2026 at 60bps+ • Payments-Based Revenue Less Network Fees: ◦ Americas is expected to grow mid-teens and reflects our most mature geographic market with minimal impact from prior year M&A annualization ◦ Worldwide (excl. Americas) is expected to continue fast growth in the high 20s % ◦ All of which is supported by a merchant volume backlog of $32B • Tax-Free Shopping: Growth contribution largely driven by annualization with pro forma expected growth of MSD • Subscription & Other: Expected growth of LSD "Payments-Based Revenue Less Network Fees" "PBRLNF - Americas"