Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 2, 2021, Deluxe Corporation (the "Company") announced that, effective June 14, 2021, Scott C. Bomar will succeed Keith A. Bush as the Company's Senior Vice President and Chief Financial Officer. Since 2006, Mr. Bomar, age 49, has held positions of increasing responsibility with The Home Depot, Inc. From 2018 to 2021, Mr. Bomar was Home Depot's Senior Vice President, Home Services. From 2016 to 2018, Mr. Bomar was Home Depot's Vice President and Treasurer, and from 2013 to 2016, Mr. Bomar was Home Depot's Vice President, Financial Planning and Analysis. Among other positions held with Home Depot, Mr. Bomar also served as its Director, Strategic Business Development, and, in China, as President, China Retail.

Mr. Bomar will receive a base salary of $525,000 and a starting bonus of $500,000, which he must reimburse if he were to leave the Company under certain circumstances prior to the first anniversary of his hire. To replace the value of equity he is forfeiting from his former employer, Mr. Bomar will receive stock options with a grant date fair value of $250,000 and restricted stock units with a grant date fair value of $2,500,000, both of which will vest in equal increments over four years beginning on the first anniversary of the date of grant. The stock options will have a ten-year term. The remaining terms of the restricted stock units and options will be governed by the Company's standard forms of award agreement and the related plan. Mr. Bomar will participate in the Company's executive compensation program, including its annual and long-term incentive plans.

As previously disclosed, Mr. Bush will remain employed by the Company through a transition period ending September 7, 2021.

Item 7.01 Regulation FD Disclosure.

A copy of the Company's press release announcing the the appointment of Mr. Bomar is furnished herewith as Exhibit 99.1.





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Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.



(d) Exhibits.
      Exhibit
      Number                                             Description
       99.1                 Press Release, dated June 2, 2021, of Deluxe Corporation
      101.INS             XBRL Instance Document - the instance document does not appear in the
                          Interactive Data File because its XBRL tags are embedded within the
                          Inline XBRL document
      101.SCH             XBRL Taxonomy Extension Schema Document
      101.CAL             XBRL Taxonomy Extension Calculation Linkbase Document
      101.DEF             XBRL Taxonomy Extension Definition Linkbase Document
      101.LAB             XBRL Taxonomy Extension Label Linkbase Document
      101.PRE             XBRL Taxonomy Extension Presentation Linkbase Document
        104               Cover page interactive data file (formatted as Inline XBRL and contained
                          in Exhibit 101)




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