FAQ for Analysts / Investors 1.) Why does fiscal 2025 non-GAAP revenue used for growth calculation not match reported fiscal 2025 non-GAAP revenue? • The restructuring of a third-party agreement has resulted in a $16 million fiscal year-over-year revenue headwind, with $12 million of that coming in the first quarter. • The remaining $4 million will impact the rest of the fiscal year. • This restructuring has also resulted in a decrease in the related costs and the impact on margins is expected to be minimal. • This has been adjusted for a consistent fiscal year-over-year comparison and is included in our fiscal year 2026 guidance (see page 7). 2.) What is the impact of recent federal tax legislation on free cash flow? • Full expensing of research and development costs (IRC 174) and 100% "bonus" tax depreciation will have a meaningful favorable impact on free cash flow. • We plan to elect to deduct the remaining unamortized IRC 174 capitalized costs in fiscal year 2026 generating a significant non-recurring cash tax benefit in the current fiscal year. • Overall, we anticipate this legislation will allow Jack Henry to produce free cash flow conversion consistent with historical levels of approximately 85% to 100% in future years. 13

the item shown at left

other guidance in this release

Text is the filed exhibit, verbatim.