EPlus : Investor Presentation November, 2022

November 2022

Safe Harbor Statement

Statements in this presentation that are not historical facts may be deemed to be "forward-looking statements." Actual and anticipated future results may vary materially due to certain risks and uncertainties, including, without limitation, possible adverse effects resulting from national and international political instability fostering uncertainty and volatility in the global economy including an economic downturn, exposure to fluctuations in foreign currency rates, interest rates, and inflation, including increases in our costs and our ability to increase prices to our customers, which may result in adverse changes in our gross profit; supply chain issues, including a shortage of IT products, may increase our costs or cause a delay in fulfilling customer orders, or increase our need for working capital, or completing professional services, or purchasing IT products or services needed to support our internal infrastructure or operations, resulting in an adverse impact on our financial results; the duration and ongoing impact of the COVID-19 pandemic, including but not limited to the impact and severity of new variants, vaccine efficacy and immunization rates, the closure of non-essential businesses and other associated governmental containment actions, and the increase in cyber-security attacks that have occurred while employees work remotely; domestic and international economic regulations uncertainty (e.g. tariffs and trade agreements); the creditworthiness of our customers and our ability to reserve adequately for credit losses; loss of our credit facility or credit lines with our vendors may restrict our current and future operations; significant adverse changes in, reductions in, or losses of relationships with one or more of our large volume customers or vendors; managing a diverse product set of solutions in highly competitive markets with a number of key vendors; increasing the total number of customers using integrated solutions by up-selling within our customer base and gaining new customers; adapting to meet changes in markets and competitive developments; maintaining and increasing advanced professional services by recruiting and retaining highly skilled, competent personnel and vendor certifications; increasing the total number of customers who use our managed services and professional services and continuing to enhance our managed services offerings to remain competitive in the marketplace; performing professional and managed services competently; maintaining our proprietary software and updating our technology infrastructure to remain competitive in the marketplace; reliance on third-parties to perform some of our service obligations to our customers, and the reliance on a small number of key vendors in our supply chain with whom we do not have long-term supply agreements, guaranteed price agreements, or assurance of stock availability; our dependence on key personnel to maintain certain customer relationships, and our ability to hire, train and retain sufficient qualified personnel; our ability to implement comprehensive plans for the integration of sales forces, cost containment, asset rationalization, systems integration and other key strategies; a possible decrease in the capital spending budgets of our customers or a decrease in purchases from us; the possibility of goodwill impairment charges in the future; changes in the IT industry and/or rapid changes in product offerings, including the proliferation of the cloud, infrastructure as a service, software as a service and platform as a service; our dependency on continued innovations in hardware, software and services offerings by our vendors, availability of those products from our venders and our ability to partner with them; significant and rapid inflation may cause price, wage and interest rate increases, as well as increases in operating costs which may impact the arrangements that have pricing commitments over the term of the agreement; our contracts may not be adequate to protect us, and we are subject to audit in which we may not pass, and our professional and liability insurance policies coverage may be insufficient to cover a claim; exposure to changes in, interpretation of, or enforcement trends in legislation and regulatory matters; future growth rates in our core businesses; rising interest rates or the loss of key lenders or the constricting of credit markets; reduction of vendor incentives provided to us; failure to comply with public sector contracts or applicable laws and regulations; our ability to secure our own and our customers' electronic and other confidential information, while maintaining compliance with evolving data privacy and regulatory laws and regulations; our ability to raise capital, maintain or increase as needed our lines of credit with vendors or floor planning facility, or obtain debt for our financing transactions or the effect of those changes on our common stock price; our ability to remain secure during a cybersecurity attack, including both disruptions in our or our vendors' IT systems and data and audio communication networks; our ability to realize our investment in leased equipment; our ability to successfully perform due diligence and integrate acquired businesses; our ability to protect our intellectual property rights and successfully defend any challenges to the validity of our patents, or allegations that we are infringing upon any third-party patents, and the costs associated with those actions, and, when appropriate, license required technology; and other risks or uncertainties detailed in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2022 and other periodic filings with the Securities and Exchange Commission and available at the SEC's website at http://www.sec.gov.

We wish to caution you that these factors could affect our financial performance and could cause actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. All information

set forth in this presentation is current as of the date of this presentation and ePlus undertakes no duty or obligation to update this information.

© 2022 ePlus inc. I 2

Mark Marron

Chief Executive Officer

© 2022 ePlus inc. I 3

		OEM Vendor
		Partnerships
Listed companies
employees
in business for
30+ years	customers

as a leading, global

technology integrator

FY22 adjusted gross billings

certifications	*See Non-GAAP Financial Information	FY22 net sales
		© 2022 ePlus inc.

Experienced Leadership Team

Mark

Marron

Chief Executive Officer

Joined ePlus in 2005

35+ Years of Experience

Dan

Farrell

Senior Vice President,

National Professional

Services

Joined ePlus in 2010

35+ Years of Experience

Doug

King

Chief Information Officer

Joined ePlus in 2018

25+ Years of Experience

Elaine

Marion

Chief Financial Officer

Joined ePlus in 1998

30+ Years of Experience

Kley

Parkhurst

Senior Vice President,

Corporate Development

Joined ePlus in 1991

35+ Years of Experience

Ken

Farber

President,

ePlus Software, LLC

Joined ePlus in 2001

30+ Years of Experience

Darren

Raiguel

Chief Operating Officer, President of ePlus Technology, inc.

Joined ePlus in 1997 30+ Years of Experience

Erica

Stoecker

General Counsel

Joined ePlus in 2001

25+ Years of Experience

© 2022 ePlus inc. I 5