Shift4 Payments — May 7, 2026 release

FCF Conversion $332 Million $357 Million TO +9% YoY +17% YoY $671 Million $721 Million TO +10% YoY +18% YoY   • Since our IPO and through today, have repurchased a total of 19.2mm shares • This represents 19% of total outstanding shares • Repurchased 5.5mm shares for $295mm in Q1 2026 • Demonstrated a disciplined commitment to managing dilution - an owner's mentality 1 5 15 Proven framework for capital allocation that can deliver regardless of market backdrop Disciplined Capital Allocation Framework with a Proven Track Record of Results CUSTOMER ACQUISITION 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 ACQUISITIONS, DIVESTITURES, & INVESTMENTS • Deployed $5.9 Billion since 2020 • Cross-selling payments feeds ARPU expansion • Disciplined execution of tuck-in acquisitions with high value creation potential • Closed on Smartpay & Bambora with integrations on track. Launching Shift4 Dine pilots in Australia with general release planned for July SHARE REPURCHASE 9.8mm shares repurchased to date under recently announced $1 billion authorization, with $400mm remaining Avg. WACC 8%-11% Consistent Track Record of Quickly Deleveraging 2023 acquisitions expand invested capital… execution and integration drive high incremental returns. ROIC is calculated as Adjusted Net Operating Profit After Tax (NOPAT) divided by invested capital. NOPAT is calculated as GAAP EBIT adjusted for (i) certain non-cash and other nonrecurring items, (ii) adds amortization of acquired intangibles, and (iii) applies a tax rate of 26%. Invested capital is calculated as Net Working Capital (excluding cash and debt) plus non-current assets adjusted to (i) exclude deferred tax assets and (ii) treats other intangible assets on a gross basis. Average Net Leverage of ~3.1x since 2021 formatting WIP (will be line chart with callouts for capital raises) Q3 2022 Insourcing of third-party distributors Q3 2024 Issued 2032 unsecured notes ($1,100M) Q2 2025 Issued 2032 note and 2033 EUR note ($2,650M) and Term Loan ($1,000M) Consistent track record of deleveraging quickly following a spike adding gross leverage; cannot include figure Net Leverage Gross Leverage • Industry-leading cloud-based restaurant POS (now Shift4 Dine) • Hundreds of new ISV integrations since IPO • Shift4 One all-i