HiPay Group

Earnings Release • Jul 29, 2021

HiPay announces strong revenue growth in H1 2021 (+24%)

• Revenue up by +24%¹ compared to H1 2020, driven by a +27% increase in transaction volume compared to 2020 and +82% compared to 2019.
• Strong growth is driven by the development of international activities.
• 126 new key accounts were signed during the period.

Paris, July 29, 2021: HiPay (ISIN code FR0012821916 - ALHYP), the fintech specializing in omnichannel payment solutions, announces its revenue for the first half of 2021.

In million of euros	2021	2020	Var. %
Transaction volume	3 200	2 520	+ 27%
2 Revenue	26.8	21.7	+24%

Strong increase in half-year revenue

• During the first half of 2021, transaction volumes reached 3.2 billion (+27% vs 2020) and revenue stood at € 26.8m (+24% vs 2020).
• HiPay is accelerating its international development and international markets now represent 36% of transaction volume, up by 42%.
• Special focus on Portugal: transaction volumes, characterized by strong structural payment growth, have been stimulated by successive lockdowns (second quarter 2020 and first quarter 2021). As a result, payment volumes have doubled between Q1 2021 and Q1 2019, while the second quarter of 2021 shows a +50% growth vs. 2019.

A dynamic commercial development

2

¹ Unaudited data

• HiPay continues its strong commercial development with 126 key accounts joining the HiPay during the first half of the year.
• The company is strengthening its position in Fashion (Pied de Biche, Maradji), Automotive (Autobacs) and Home & Leisure (So Brico).
• The strong development of the activity in Portugal is accompanied by the signing of numerous strategic accounts including Mbit, iStore, Aquario, Kicks, Alma e Valor, Descontos.pt, VHL.
• The wine merchant Nysa also joined HiPay to accelerate its unified commerce strategy, as did five other multi-channel retailers.
• HiPay also continues to support its long-standing clients, such as Club Med, which now uses the HiPay MO/TO solution for its payments via call centers in France, Belgium, and Switzerland.

HiPay's offering evolution

• HiPay's unified commerce offer demonstrates its adequacy to the market: 6 new merchants chose HiPay during H1 for their online and offline purchases. At the same time, Nocibé, which has deployed its unified commerce strategy with HiPay, continues to grow in scale, with a hundred stores live to date.
• HiPay has also partnered with specialist provider Proabono, which offers a complete subscription management solution for Saas businesses.
• HiPay's in-store checkout offering continues its strong traction thanks to the implementation of connectors with new unified commerce checkout solutions such as Onestock, Socloz and Wshop.
• Alongside the evolution of its offer, HiPay is continuously improving its technological infrastructure, focusing on quality of service and cybersecurity. In 2021, a first functional component was migrated on cloud, while remaining PCI-DSS compliant (card security standard).

Next financial communication: September 14, 2021 – Q1 2021 results

About HiPay

HiPay is a global payment provider. By harnessing the power of payment data, we participate in our merchants' growth by bringing them a 360° vision of their activities.

More information on hipay.com and find us on LinkedIn and Twitter.

HiPay Group is listed on the Euronext Growth Paris (ISIN code: FR0012821916 - Mnemo: ALHYP)

Jawad Khatib (Vae Solis Communications)
+33 (0)6 12 66 22 49

jawad.khatib@vae-solis.com

Press Contact Investor Relations

Jérôme Daguet (CFO HiPay) +33 (0)7 86 53 93 93 jdaguet@hipay.com

This press release does not constitute an offer to sell or the solicitation of an offer to buy HIPAY securities. If you would like more complete information about HiPay Group, please refer to our website hipay.com, Investors section. This press release may contain certain forward-looking statements. Although HiPay Group believes that these statements are based on reasonable assumptions as of the date of this press release, they are by their nature subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by these statements. HiPay Group operates in a highly evolving sector in which new risk factors may emerge. HiPay Group does not undertake any obligation to update these forward-looking statements to reflect new information, events or other circumstances.