Shift4 Payments — Feb 26, 2026 release

ticketing, subscription billing) • Hundreds of new ISV integrations since IPO • Shift4 all-in-one solution delivering market-leading TFS, integrated payments, and currency conversion • AI investments focused on extending the LTV of customers PRODUCT INVESTMENT • Eliminate upfront costs for our merchants by providing essential hardware • Provide financial incentives to align our partners and salespeople • Acquiring international distribution in support of long term organic growth Adjusted EBITDA Multiple of 6.2x Adjusted FCF Multiple of 10.7x Adjusted FCF Yield of 9% Total Capital Deployed: ~$5.5B(B) ACQUISITIONS, DIVESTITURES, & INVESTMENTS • Deployed $5.8 Billion since 2020 • Cross-selling payments feeds ARPU expansion • Disciplined execution of tuck-in acquisitions with high value creation potential • Closed on Smartpay; Bambora acquisition on track for Q1 SHARE REPURCHASE • Since our IPO and through today, have repurchased a total of 17.1mm shares • This represents 17% of total outstanding shares, including 4.3mm shares during Q4 • Repurchased ~$500mm (7.7mm shares) against the most recent $1B authorization ◦ $305mm in Q4 2025, and $195mm in Q1 2026 • Demonstrated a disciplined commitment to managing dilution - an owner's mentality 7.7mm shares repurchased to date under recently announced $1 billion authorization, with $500mm remaining Unlocked over $1 trillion of unmonetized payment volumes • Prior to Global Blue, Shift4 achieved an Operating ROIC of 14% (Q2 2025), delivered almost 30% incremental ROIC, and averaged xxx bps of positive spread ROIC > WACC • We anticipate ROIC to improve over time as we integrate Global Blue with an incremental ROIC of ~40% by the end of 2027 • Beyond the revenue synergies of the cross-sell, the high incremental ROIC relates to the differentiated accelerants of Global Blue's well- invested infrastructure Avg. WACC 8%-11% %s on top vs. y axis Q4 2023 - Q1 2024 - 2023 Acquisitions - Invested Capital Increase Generating high incremental return on invested capital Q2 2025 - Q4 2025 - 2025 Acquisitions - Invested Capital Increase (bubble above $ deployed) future: bar different color - dotted line with up arrow title: confidence in delivering high incremental returns grounded in our track record Focused on Value Creation Driving ROIC > WACC, Even through Periods of High Investment We have a track record of delivering ROIC > WACC, even through temporary dips during major integration periods Return on Invested Capital ("ROIC") Over Time 2023 acquisitions expand invested capital… execution and integration drive high incremental returns. Our 2025 investments are poised to deliver high incremental returns grounded in product leadership, market expansion, and executing with a proven model. Consistent track record of delivering ROIC>WACC across all investment phases ROIC is calculated as Adjusted Net Operating Pr