Results H1 2022

Investor presentation – September 16th, 2022

1 • Results H1 2022 by CFO Laurent Marcelis

2 • Business Conclusions by CEO Hans Leybaert

By Laurent Marcelis, CFO

REACH countries 32	One integrated global network to transact & interact	Customers & network • Paying customers 431k Paid by 3rd • party 480k
1,400+ FTEs 457 FTEs in R&D		• Network 834k > 1,745k entities = accessible network
CONNECTED > 40 software solutions	TRUSTED & CERTIFIED ISAE 3402 PCI/DSS	14.9% paying customer organic growth H1 2022
More than 40 ERP, CRM and accounting software solutions are connected.	ISO 27001 L2BA Partner ISO 22301 eIDAS	documents >500m processed

€91.7m H1 2022 revenue +13.6% y-o-y	€ 59.3m digital processing revenue	96.3% recurring revenue
€23.0/month ARPU H1 2022	40.0% digital processing gross margin	€18m R&D 30.0% of digital processing revenue
- €14.4m operating cashflow	-€6.5m EBITDA	€42.7m cash

Group revenue (H1 2022) Group revenue (by quarter) in EUR m Seasonality 25.7 30.8 29.6 29.7 13.1 20.3 16.5 15.9 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Digital processing revenue Postage & parcel optimisation revenue

7 FINANCIAL RESULTS H1 2022 |

Subscriptions Banqup available from € 10/month for basic document exchange, higher prices for more volume and/or more services

Volume -based transaction Large volumes (+10.000 docs/year) 2

Ad-hoc implementation and change requests for large corporates for tailor-made solutions

in EUR m in EUR m 21.5 23.7 3.3 3.3 H1 20 21 H1 20 22 Digital processing gross profit Postage & parcel gross profit 42.8% 40.0% 9%

Decrease in margin due to launch of new business

Higher digital processing revenue with slight decrease in gross margin

Cost and salary inflation not yet reflected in sales prices

Decrease in PPO(1) margin due to price inflation

processing revenue (57.2% capex)
G&A expenses increased 22% y-o-y mainly due to acquisitions
S&M expenses were up 29.6% y-o-y due to efforts in marketing &our pan-European structure
Key development investment phase brought to a good end

Increase in cost structure is impacting current level of EBITDA

(1) Fair value (2) Non-controlling interests

Group revenue grew by 13.6% y/ y to €91.7 million in H1 2022, with recurring digital processing revenue up 21.7% y/y
Strong growth of customer base by 14.9% in H1 2022 compared to end 2021
On the back of platform and roll -out investments, the Group EBITDA amounts to -€6.5 million
Cash and cash equivalents amount to €42.7 million and an additional €39.3 million available in undrawn financing. Sufficient cash to allow Unifiedpost to achieve a positive cash flow
Becoming cashflow positive by H2 2023 is the key priority for the Company