2027 Q2 FY27 Presentation (e5a27202-adda-467e-ba50-16d20ba84b41)

Active customers

20% YoY

Cross-border volume

22% YoY

Customer holdings

28% YoY

Card spend volume

30% YoY

3

Active customers

20% YoY

Cross-border volume

22% YoY

Customer holdings

28% YoY

Card spend volume

30% YoY

4

Cross-border Volume

$ billion)

Take rate

(bps)

Cross-border Revenue

$ million)

5

Cross-border Revenue

$ million)

Card and Other Revenue

$ million)

Transaction Revenue

$ million)

6

Customer Balances

$ billion)

Interest Income on Customer Balances

$ million)

7

Diversification of net revenue 52% non-cross)

Net Revenue

$ million)

Net Revenue mix

%

1 Net interest income calculated as interest income on customer balances minus interest expense on customer liabilities 8

5

Reinvestment brings income before tax margin back towards 1520%1

1

Target 1520%1 income before tax margin 2

2

Margin improvement due to operational efficiency and scaling

4

Investments into pricing

3

Reinvestment of the incremental margin in teams, products and infrastructure

1 Until we are substantially able to pay out our target 80% of interest income above 1% yield to customers we expect to report an above mid-term target income before tax margin of 2025%

2 Income before tax margin calculated as income before tax divided by net revenue

Over $500 million share purchase program in FY27

9

Medium term targets

FY27 guidance

H1 FY27 guidance

Net revenue CAGR of

with FY24 as base year

Net revenue growth In the upper half of

Net revenue growth

Income before tax margin1 of

Income before tax margin1 around the top of target range

IBT margin

10

1 Income before tax margin calculated as income before tax as a percentage of net revenue

2 Mid-term margin target of 1520%. Until we are substantially able to pay out our target 80% of interest income above 1% yield to customers we expect to report an above mid-term target income before tax margin of 2025%

Chief Financial Officer

11