Global Payments : Q1 2022 Earnings Presentation Deck

05/02/2022

1Q 2022 Earnings

Innovation that delivers.

Forward-Looking Statements

This presentation contains certain forward-looking statements within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-lookingstatements, which are based on current expectations, estimates and projections about the industry and markets in which we operate, and beliefs of and assumptions made by ourmanagement, involve risks and uncertainties, many of which are beyond our control and cannot be foreseen, that could significantly affect the financial condition, results of operations,businessplans and the future performance of Global Payments. Actual events or results might differ materially from those expressed or forecasted in these forward-looking statements. Accordingly, wecannot guarantee that our plans and expectations will be achieved. Examples of forward-looking statements include, but are not limited to, statements we make regarding revenue, earningsestimates, operating margins, and liquidity; management's expectations regarding future plans, objectives and goals; market and growth opportunities; and other statements regarding ourfuture financial performance. Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "intends," "plan," "forecast,""could," "should," or words of similar meaning.

In addition to factors previously disclosed in Global Payments' reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: the effects of global economic, political, market, health and social events or other conditions, including the effects and duration of, and actions taken in response to, the COVID-19 pandemic and the evolving situation involving Ukraine and Russia; our ability to meet our liquidity needs in light of the effects of the COVID-19 pandemic or otherwise; difficulties, delays and higher than anticipated costs related to integrating the businesses of Global Payments and TSYS, including with respect to implementing controls to prevent a material security breach of any internal systems or to successfully manage credit and fraud risks in business units; the effect of a security breach or operational failure on the Company's business; failing to comply with the applicable requirements of Visa, Mastercard or other payment networks or card schemes or changes in those requirements; the ability to maintain Visa and Mastercard registration and financial institution sponsorship; the ability to retain, develop and hire key personnel; the diversion of management's attention from ongoing business operations; the continued availability of capital and financing; increased competition in the markets in which we operate and our ability to increase our market share in existing markets and expand into new markets; our ability to safeguard our data; risks associated with our indebtedness, foreign currency exchange and interest rate risks; our ability to meet environmental, social or governance targets, goals and commitments; the potential effect of climate change including natural disasters; the effects of new or changes in current laws, regulations, credit card association rules or other industry standards on us or our partners and customers, including privacy and cybersecurity laws and regulations; and other events beyond our control, such as acts of terrorism, and other factors included in the "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2021, and in other documents that we file with the SEC, which are available athttps://www.sec.gov. Any forward-looking statements speak only as of the date of this communication or as of the date they were made, and we undertake no obligation to update forward-looking statements, except as required by law.

Use of Non-GAAP Financial Measures

The following presentation may include certain "non-GAAP financial measures" as defined in Regulation G under the Securities Exchange Act of 1934. A schedule which reconciles each non-GAAP financial measure included in the following presentation to the most comparable amount reported under Generally Accepted Accounting Principles is attached as an Appendix hereto and is also posted on the Company's website atwww.globalpayments.com (in the "News and Events" section of the Investor Relations page).

Record financial performance 1Q 2022

+ 8%

+9% constant currency2

Adjusted Net Revenue	Adjusted Operating Margin	Adjusted EPS
$1.95B	41.1%	$2.07
+ 50 bps1

• 1 Adjusted operating margin expansion excluding the impact from recent acquisitions was 100 bps.

• 2 Adjusted net revenue growth and adjusted EPS growth on a constant currency basis excludes the estimated impact of foreign currency fluctuations and are calculated using average exchange rates during 1Q 2021.

+ 14%

+15% constant currency2

See appendix for a reconciliation to the most comparable GAAP measures.

Comparisons are to 1Q21 unless otherwise noted.

Merchant Solutions

1Q 2022

2022 Outlook

Adjusted Net Revenue

$1.34B +16%

(+17.3% constant currency)1

Adjusted Operating Margin

47.3% +100 bps2

+low double digits

+up to 125 bps3

1 Adjusted net revenue growth and global volume growth on a constant currency basis exclude the estimated impact of foreign currency fluctuations and are calculated using average exchange rates during 1Q 2021.

• 2 Merchant Solutions adjusted operating margin expansion excluding the impact from recent acquisitions was 150 bps.

  1Q 2022 Highlights

  18% Global volume growth (+20% constant currency)1

  36% Vertical Market bookings growth

  30% HCM & Payroll growth

  50% POS software growth

• 3 Total company adjusted operating margin outlook for 2022; adjusted operating margin expansion outlook excluding the impact from recent acquisitions is up to 175 bps.

See appendix for a reconciliation to the closest GAAP measures.

Merchant Solutions revenue and volume trends

2020	2021	2022
3Q	4Q	FY	1Q
1,357.6	1,340.0	5,136.1	1,337.2
20.6%	20.5%	21.0%	16.3%
235.7	244.8	899.9	228.6
21.7%	24.3%	24.0%	17.7%

Amounts may not sum due to rounding.

See appendix for a reconciliation to the closest GAAP measures.