Blackbaud : Acquires EVERFI Transaction Overview

Blackbaud Acquires EVERFI

TICKER: BLKB

January 3, 2022

Forward-Looking Statements

This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding our or our management team's expectations, hopes, beliefs, intentions, plans, prospects or strategies regarding the future, including possible business combinations, revenue growth and financial performance, product expansion and services. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this presentation are based on our current expectations and beliefs made by the management of Blackbaud, Inc. ("Blackbaud") and EverFi, Inc. ("EVERFI") in light of their respective experience and their perception of historical trends, current conditions and expected future developments and their potential effects on Blackbaud and EVERFI as well as other factors they believe are appropriate in the circumstances. There can be no assurance that future developments affecting Blackbaud or EVERFI will be those that we have anticipated. These forward- looking statements involve a number of risks, uncertainties (some of which are beyond the control of the parties) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Additional factors that could cause actual results to differ are discussed under the heading "Risk Factors" and in other sections of Blackbaud's filings with the SEC, and in Blackbaud's current and periodic reports filed or furnished from time to time with the SEC. All forward- looking statements in this presentation are made as of the date hereof, based on information available to Blackbaud and EVERFI as of the date hereof, and Blackbaud and EVERFI assume no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Trademark Usage

All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc. This presentation contains trade names, trademarks and service marks of other companies. The Company does not intend its use or display of other parties' trade names, trademarks and service marks to imply an endorsement or sponsorship of these other parties.

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Key Messages

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Doubles Blackbaud's	Impact-as-a-Service™
total addressable	(IaaS) cloud platform
market (TAM)	advances Blackbaud's
opportunity to $20B+	position as a leading
	technology partner in
	ESG and CSR

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Combination of strong	Shared sense of purpose with
Blackbaud performance and	complementary missions and
acquisition of EVERFI expected	products-substantial revenue
to accelerate 2022 organic	synergy opportunity with
revenue growth into the	YourCause™ from Blackbaud
mid to high single-digits

Pulls forward timeline to achieving long-termaspirational goal:

Mid to High Single-Digit

organic revenue growth

While driving toward 40%+ using Rule of 40 framework

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Blackbaud is the world's

leading cloud software company powering social good.

NONPROFITS	ARTS AND CULTURAL
HIGHER EDUCATION	ORGANIZATIONS
INSTITUTIONS	FOUNDATIONS
K-12 SCHOOLS	COMPANIES
HEALTHCARE	INDIVIDUAL
ORGANIZATIONS	CHANGE AGENTS
FAITH
COMMUNITIES

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Our Mission: To empower and connect people to

drive impact for social good.

Cloud Software	Services	Data Intelligence	Expertise
We build, integrate,	We offer dedicated	Using exclusive data,	With more than four decades
implement, and support	customer support and	analytics, and expertise,	of experience, we are the
solutions that help make	online training, along with	we deliver unparalleled	undisputed industry experts
our customers' vision	strategic and managed	insight and intelligence to	on technology
a reality.	services tailored to	our customers.	for social good.
	outcomes.

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