Slide 1: The Decision to Defense: Global Indirect Tax and Compliance Company
NASDAQ: VERX The Decision to Defense Global Indirect Tax and Compliance Company. August-September 2026
Slide 2: Safe Harbor
Safe Harbor Forward Looking Statements Any statements made in this presentation that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerni
Slide 3: Intelligent Compliance Solutions for Global Commerce
Intelligent Compliance Solutions for Global Commerce The leading enterprise platform for automating and governing transaction-based compliance obligations — intelligently ✓ The only end-to-end intelligent compliance platform built for global enterprise complexity $748M $703.4M ✓ 45+ years of institu
Slide 4: Mission Critical Partner to Highly Attractive Customer Base
Mission Critical Partner to Highly Attractive Customer Base Best-in-class intelligent compliance solutions to highly complex needs drive embedded customer relationships 9 7 8 8 5 6 6 of the Top 10 of the Top 10 of the Top 10 of the Top 10 of the Top 10 of the Top 10 of the Top 10 Business Communicat
Slide 5: The Problem is Getting Harder
The Problem is Getting Harder 5
Slide 6: The Scale of Global Transaction Compliance
The Scale of Global Transaction Compliance $5.5T Global Indirect Tax Revenue(1) BILLIONS of transactions – Processed in real time, every day 3X Greater Than THOUSANDS of taxing jurisdictions – Corporate Income Tax Each with its own rates, rules, and filing requirements Revenue THOUSANDS of products
Slide 7: Complexity Is Accelerating — Across Three Dimensions Simultaneously
Complexity Is Accelerating — Across Three Dimensions Simultaneously The market Vertex serves benefits from a constant and compounding state of change Business Complexity Regulatory Change Digital Transformation The enterprise itself keeps Governments are modernizing Technology changes how growing in
Slide 8: The Vertex Platform
The Vertex Platform YANERTEX’ De
Slide 9: End-to-End Intelligent Compliance — One Platform
End-to-End Intelligent Compliance — One Platform Capabilities on the Vertex Intelligent Compliance Platform Business ERP e-Commerce Marketplaces Procurement Point of Sale Integration Access Read Configure Integration Determination Compliance Audit & Planning Report Determine Retain E-invoice Calcula
Slide 10: Proprietary Tax Content: The Foundation of Every Solution
Proprietary Tax Content: The Foundation of Every Solution 45 years of institutional knowledge — encoded, AI-amplified, and continuously updated across every pillar of the platform 1 Billion+ 20,000+ AI-Amplified Industry-Specific Tax Rates and Rules Global Human expertise Content Continually Updated
Slide 11: Intelligent Determination
Intelligent Determination Pillar 1 11
Slide 12: Intelligent Determination: Real-Time Tax Calculation at Enterprise Scale
Intelligent Determination: Real-Time Tax Calculation at Enterprise Scale The most established autonomous compliance system in the industry — and getting smarter The Problem The Vertex Answer A single transaction can touch thousands Already autonomous at scale of variables—all resolved in millisecond
Slide 13: Intelligent Compliance
Intelligent Compliance Pillar 2 13
Slide 14: Intelligent Compliance: Fulfilling the Obligation Across Every Jurisdiction
Intelligent Compliance: Fulfilling the Obligation Across Every Jurisdiction Once the tax is determined, it still has to be reported, filed, paid, and proven — everywhere, all the time What Compliance Covers Why This Is Getting Harder The compliance operating model is shifting. Returns & Filing From
Slide 15: Integrated by Design — Not Stitched Together
Integrated by Design — Not Stitched Together The only platform where tax determination, e-invoicing, and VAT compliance share a single data model Vertex Intelligent Compliance Platform Tax CTC PTC Continuous Periodic Determination Transaction Controls Transaction Controls Vertex O Series Vertex e-In
Slide 16: Intelligent Audit & Planning
Intelligent Audit & Planning Pillar 3 16
Slide 17: Intelligent Audit & Planning: Staying Defensible in a World of Continuous Enforcement
Intelligent Audit & Planning: Staying Defensible in a World of Continuous Enforcement Closing the loop from transaction to audit resolution Tax Data Management — Certificate Management — Analytics & Planning — Retain Defend Plan • Unified transaction data from Vertex Certificate Center automates the
Slide 18: AI: The Horizontal Advantage
AI: The Horizontal Advantage The layer that amplifies everything — across all three pillars 18
Slide 19: AI Product Strategy: Intelligent Compliance Across Every Workflow
AI Product Strategy: Intelligent Compliance Across Every Workflow Pragmatic, targeted application of AI — connected to each pillar of the platform DETERMINATION AUDIT & PLANNING ECOSYSTEM / INTEGRATION LAYER Co-Pilots & Agents Certificate Management AI Smart Categorization AI enhancing and automatin
Slide 20: Smart Categorization: This Is What Our AI Strategy Looks Like in Practice
Smart Categorization: This Is What Our AI Strategy Looks Like in Practice Live. Commercial. Scaling. — The proof that enterprise-grade AI compliance is not a roadmap item The Problem It Solves The Vertex Answer Before an enterprise can use the Vertex tax engine at full Smart Categorization uses gene
Slide 21: Why AI Makes Vertex's Moat Wider — Not Narrower
Why AI Makes Vertex's Moat Wider — Not Narrower Deterministic Core Proprietary Structural Position in Complexity is an AI as an Offensive with Auditable Knowledge That the Transaction Flow Economic Moat Weapon Outcomes Cannot Be Scraped Enterprise compliance 45 years of institutional Vertex sits bet
Slide 22: AI Transforming How Vertex Operates — Not Just What We Deliver
AI Transforming How Vertex Operates — Not Just What We Deliver Internal efficiency gains fund growth investment and expand our margin profile Customer Success Managed Services Sales Tax Research Engineering & Support MARGIN EXPANSION PRODUCTIVITY SPEED & COVERAGE PROACTIVE CARE DELIVERY VELOCITY AI
Slide 23: Financial Overview & Outlook
Financial Overview & Outlook Well-Positioned for Durable Growth 23
Slide 24: Durable Revenue Growth Over the Long Haul
Durable Revenue Growth Over the Long Haul Annual Revenue ($ in millions) $748 $667 $572 $492 $426 $375 $322 $272 $245 $225 $207 $188 $165 $174 $144 $154 $121 $130 $134 $100 $109 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Last major Recess
Slide 25: Financial Highlights
Financial Highlights • Consistent double-digit revenue growth, with high teens Growth cloud revenue growth. FY 2025 Results (1)(2) at Scale • Proven land-and-expand sales motion: ~70% of new $748M $671M $162M Total Revenue ARR Adj. EBITDA revenue coming from existing customers every year. 12% 28% 22
Slide 26: Strong Recurring Top-Line Performance, Highlighted by Rapid Growth in Cloud Revenue
Strong Recurring Top-Line Performance, Highlighted by Rapid Growth in Cloud Revenue Annual Recurring Revenue (ARR) Cloud Subscription Revenue ($ in Millions) $353 $671 $603 $276 $513 $215 $431 $370 $169 $316 $127 $87 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 26
Slide 27: Scaled Customers Fuel Vertex's Growth
Scaled Customers Fuel Vertex’s Growth Scaled customer count has nearly doubled since 2020 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 Notes: 1.Scaled customers defined as customers with annual revenues greater than $100K 27
Slide 28: April 2026 Cost Actions
April 2026 Cost Actions Restructuring to accelerate AI investment and intelligent compliance platform development — with $60–$70M in annualized savings funding that reinvestment Overview FY 2026 Impact Q1 pretax charge of 9% $6.2 million Fully annualized cash savings of approximately workforce reduc
Slide 29: Value Creation Plan Driving Stronger Profitability
Value Creation Plan Driving Stronger Profitability Adjusted EBITDA Margins Inflecting due to 2026 Value Creation Plan $208.0 VCP Impact $51.0 $43.5 $44.1 $161.5 $42.5 $151.9 $38.4 AEBITDA AEBITDA Margin 22.8% 21.6% 25.1% Margin 21.7% 23.6% 22.1% 22.7% 25.0% 22.8% 21.6% 2024 2025 2026 Guidance 2Q25 3
Slide 30: Q3 and FY 2026 Financial Guidance
Q3 and FY 2026 Financial Guidance Q3 2026 FY 2026 Revenue expected to be Revenue expected to be $208 to $211 million $825 to $830 million 18% Cloud Revenue Growth Adjusted EBITDA expected to be Adjusted EBITDA expected to be $55 to $57 million $206 to $210 million 30
Slide 31: Q&A
Q&A
Slide 32: Appendix
Appendix
Slide 33: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation (1) ($ in Thousands) Q1’23 Q2’23 Q3’23 Q4’23 Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Adjusted EBITDA Net Income (Loss) (18,132) (6,896) (3,399) 15,334 2,684 5,164 7,221 (67,798) 11,130 (961) 4,045 (7,003) (2,510) 9,043 Interest expense (income), net