Slide 1: BILL ESG Roadshow December 2022
BILL (NYSE: BILL) ESG Roadshow December 2022 1
Slide 2: Forward-looking statements
2 This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements other than statements of historical facts, and statements in the future tense. Forward-looking statements are based on our expectations as of the d
Slide 3: Who we are: Champions of small and midsize businesses
3 Who we are: Champions of small and midsize businesses. Our mission: Make it simple to connect and do business.
Slide 4: We digitally transform back-office operations
4 We digitally transform back-office operations Invoice Get paid ACCOUNTS RECEIVABLE ACCOUNTS PAYABLE Engage Reconcile Reconcile Pay Approve Receive NETWORK SPEND MANAGEMENT
Slide 5: And empower SMBs with more time, control and less paper
And empower SMBswith More time for More time for Less paper. their mission. customers. More control.
Slide 6: We partner with SMBs' most trusted financial partners
6 We partner with SMBs’ most trusted financial partners. Our partners use our platform to better serve their clients. ACCOUNTING FIRMS 6,000+, including 80+ of the top 100 in the U.S. FINANCIAL INSTITUTIONS Including 6 of the top 10 in the U.S.
Slide 7: We have significant scale
1Includes BILL standalone customers, Divvy spending businesses, and Invoice2go subscribers. 2 As of June 30, 2022, approximately 4.7 million BILL network members have paid or received funds electronically using our platform. We define network members as our customers plus their suppliers and clients
Slide 8: U.S. Opportunity and Global Opportunity
8 U.S. Opportunity Global Opportunity 30M+ $66B $25T Number of SMBs and Sole Proprietors SMB Software Spend B2B Payment Volume 1 As of 2018; Nonemployer Statistics, 2018 (Census); Statistics of US Businesses, 2018 (Census). 2 As of 2017; IDC Research, Inc., U.S. Small and Medium-Sized Business Forec
Slide 9: Total revenue: consistent growth and execution
9 Total revenue ($Millions) Note: FY ends June 30. 79% 4-year CAGR $22 $230 Consistent growth & execution
Slide 10: ESG Overview
bill ESG Overview 10
Slide 11: ESG Highlights
ESG Highlights Our corporate identity and business strategy are intentionally aligned with key social and environmental initiatives. We help SMBs automate their financial operations so that they can focus more on their missions. We have a bright and vibrant culture, and we believe a diverse and incl
Slide 12: We're starting to formalize our ESG initiatives
12 We’re starting to formalize our ESG initiatives, which have been natural & organic to date Progress over the past year: ESG Team: We've appointed a dedicated individual, our SVP of Strategic Initiatives, to consolidate and advance our ESG initiatives. Gap Analysis: We conducted an ESG rating anal
Slide 13: Diverse Workforce
Diverse Workforce 52% of our employees self identified as female of our employees self identified as non-caucasian Key human capital initiatives: Prioritize employee wellness and provide physical and mental health resources Drive inclusive and equitable practices to engage, attract, and hire diverse
Slide 14: Our People Philosophy
Our People Philosophy 14 Our People Mission is to enable exceptional business performance and employee experience. We do this in four key ways: Deliver a world class employee experience through communications that connect, inspire and inform; hybrid solutions that enhance productivity & are uniquely
Slide 15: Compensation Objectives
Compensation Objectives Attracting, retaining and motivating top talent that can compete and maintain global leadership Aligning the interests of our executives with those of our stockholders Providing a strong incentive for executives to work toward the achievement of our goals and the specific met
Slide 16: Acquisition-Related Equity Grants
Acquisition-Related Equity Grants 16 Divvy In connection with our acquisition of Divvy in June 2021, we granted Blake Murray, CEO and founder of Divvy, 635,850 time-based RSUs subject to a three-year vesting schedule. Divvy operates in a new spend management space pioneered by Murray. Critical to re
Slide 17: Board of Directors
17 Board of Directors René Lacerte, BILL CEO and Founder Chairman Aida Álvarez Nominating and Corporate Governance Committee Steve Cakebread Audit Committee Chair Steve Fisher, EVP, Salesforce Risk and Compliance Committee Chair David Hornik, General Partner, August Capital & Lobby Capital Nominatin
Slide 18: Board Composition and Diversity
Board Composition and Diversity Gender Tenure Race/Ethnicity Age 18
Slide 19: Experienced and diverse leadership team; founder-led company
Experienced and diverse leadership team; founder-led company Irana Wasti Chief Product Officer Vinay Pai Chief Technology Officer Raj Aji Chief Legal Officer and Compliance Officer John Rettig Chief Financial Officer René Lacerte CEO and Founder Sofya Pogreb Chief Operating Officer Sarah Acton Chief
Slide 20: Corporate Governance Highlights
Corporate Governance Highlights Independence: All non-employee directors are independent. Independent directors meet regularly in executive session. All members of the Board’s Committees are independent. Accountability: Annual stockholder vote to approve NEOs compensation, annual board evaluation of
Slide 21: Champions of SMBs
21 Champions of SMBs Our values: humble, fun, authentic, passionate, dedicated