Jack Henry & Associates — Nov 5, 2024 release

Calculation of Free Cash Flow (Non-GAAP) Three Months Ended September 30, (in thousands) 2024 2023 Net cash from operating activities $ 116,896   $ 157,139  Capitalized expenditures (12,801) (7,612) Internal use software (2,676) (2,280) Proceeds from sale of assets —   852  Capitalized software (42,259) (41,486) FREE CASH FLOW $ 59,160   $ 106,613   Calculation of the Return on Average Shareholders’ Equity September 30, (in thousands) 2024 2023 Net income (trailing four quarters) $ 399,328   $ 361,776  Average stockholder's equity (period beginning and ending balances) 1,792,488   1,560,543  RETURN ON AVERAGE SHAREHOLDERS’ EQUITY 22.3% 23.2% Calculation of Return on Invested Capital (ROIC) (Non-GAAP) September 30, (in thousands) 2024 2023 Net income (trailing four quarters) $ 399,328   $ 361,776  Average stockholder's equity (period beginning and ending balances) 1,792,488   1,560,543  Average current maturities of long-term debt and financing leases (period beginning and ending balances) 45,000   21  Average long-term debt (period beginning and ending balances) 147,500   245,000  Average invested capital $ 1,984,988   $ 1,805,564  ROIC 20.1% 20.0% 12 GAAP to Non-GAAP EPS Reconciliation Table FY25 Guidance GAAP EPS $5.78-$5.87 Excluded Activity, net of Tax: Deconversion* $0.13 Non-GAAP EPS $5.65-$5.74 *We are not aware of any other discreet adjustments at this time. Deconversion revenue and related operating expenses are based on actual results for fiscal first quarter 2025 and estimates for the remainder of fiscal year 2025, based on the lowest actual recent historical results. See the Company’s Form 8-K filed with the Securities and Exchange Commission on October 28, 2024. 13