Nayax Ltd.

Investor Presentation • Jun 9, 2022

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Capital Markets Day ::

Attending the Unattended

June 9, 2022

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Agenda

	9:25AM Welcome - Sagit Manor, CFO
	9:30AM Company Overview, TAM and Growth Strategy - Yair Nechmad, Co-Founder & CEO
	10:05AM Nayax Technology & Platform - David Ben Avi, Co-Founder & CTO
	10:25AM Nayax GTM & Case Studies - Keren Sharir, CMO
	10:45AM Financial Review - Sagit Manor, CFO
11:00AM	Q&A

Confidential Information

This presentation has been prepared by Nayax Ltd. (the "Company") on a confidential basis for the exclusive use of the party to whom the Company delivers this presentation (such party, together with its subsidiaries and affiliates, the "Recipient").

This presentation is being made pursuant to Section 5(d) of the Securities Act of 1933, as amended (the "Securities Act"), and is intended solely for entities that are qualified institutional buyers (as defined in Rule 144A under the Securities Act) or institutions that are accredited investors (as defined in Rule 501 under the Securities Act) solely for the purpose of familiarizing such entities or institutions the Company. The Company is not currently making any offer to sell, or soliciting any offer to buy, securities, and cannot accept any orders for securities at this time. Any such offering of securities will be made only by means of a registration statement (including a prospectus) filed with the Securities and Exchange Commission, and only after such registration statement has become effective. No such registration statement has been publicly filed or become effective as of the date of this presentation. This presentation shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

Forward-Looking Statements

All statements other than statements of historical facts contained in this presentation may be forward-looking statements. Any statements by the Company regarding our future results of operations and financial position, business strategy and plans and objectives of management for future operations, including, among others, statements regarding the expected growth, future capital expenditures and debt service obligations, are forward-looking statements. Many of the forward-looking statements contained in this presentation can be identified by the use of forward-looking words such as "anticipate," "believe," "could," "expect," "should," "plan," "intend," "estimate" and "potential," among others. Forward-looking statements contained in this presentation include, but are not limited to statements our expectations regarding general market conditions, including as a result of the COVID-19 pandemic and other global economic trends; general economic, political, demographic and business conditions in Israel; fluctuations in inflation and exchange rates in Israel; our ability to implement our growth strategy; the success of operating initiatives, including advertising and promotional efforts and new product and concept development by us and our competitors; our ability to compete and conduct our business in the future; changes in consumer tastes and preferences; the availability of qualified personnel and the ability to retain such personnel; changes in commodity costs, labor, distribution and other operating costs; changes in government regulation and tax matters; other factors that may affect our financial condition, liquidity and results of operations; and other risks and uncertainties. The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. The forward-looking statements are based on our beliefs, assumptions and expectations of future performance, taking into account the information currently available to us. These statements are only estimates based upon our current expectations and projections about future events. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. In addition, statements that "we believe" and similar statements reflect management's beliefs and opinions on the relevant subject. These statements are based upon information available to management as of the date of this presentation, and while management believes such information forms a reasonable basis for such statements, such information may be limited or incomplete, and such statements should not be read to indicate that management has conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements.

You should receive this presentation with the understanding that the Company's actual future results, levels of activity, performance and achievements may be materially different from what management expects. Company qualifies all of these forward-looking statements by these cautionary statements.

These forward-looking statements speak only as of the date of this presentation. Except as required by applicable law, Company does not plan to publicly update or revise any forward-looking statements contained in this presentation after distributing this presentation, whether as a result of any new information, future events or otherwise.

Industry Information

Market data and industry information used throughout this presentation are based on management's knowledge of the industry and the good faith estimates of management. We also relied, to the extent available, upon management's review of independent industry surveys and publications and other publicly available information prepared by a number of third party sources. All of the market data and industry information used in this presentation involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. Although we believe that these sources are reliable, we cannot guarantee the accuracy or completeness of this information, and we have not independently verified this information. While we believe the statistical data, market data, and other industry data and forecasts included in this presentation are generally reliable, such information, which is derived in part from management's estimates and beliefs, is inherently uncertain and imprecise. No representations or warranties are made by the Company or any of its affiliates as to the accuracy of any such statements or projections. Projections, assumptions and estimates of our future performance and the future performance of the industry in which we operate are necessarily subject to a high degree of uncertainty and risk due to a variety of factors, including those described above. These and other factors could cause results to differ materially from those expressed in our estimates and beliefs and in the estimates prepared by independent parties.

Company and Strategic Overview

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Nayax

Yair Nechmad Co-Founder and CEO *

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X

5

Leading payment company capturing market share

Our mission

Simplify commerce and payments for retailers while driving growth, optimizing operations, and enhancing consumer engagement

Our vision

Our platform empowers retailers to provide consumers with digital payments and connected commerce experiences, enhancing consumer conversion and loyalty.

Revenue Growth (\$m)

Nayax (TASE: NYAX) at a glance

l Recurring revenue includes SaaS subscription and payment processing fees

Proven track record of growth and innovation

Multi-dimensional challenges across the ecosystem

Leading end-to-end retail technology and payments platform for unattended commerce and beyond

Nayax's platform increases sales and decreases costs for retailers

Bringing a global solution to the local market

Nayax

1 Based on SaaS revenue and payment processing fees

Market Opportunity

Paradigm shift

• Treat payments as strategic, create opportunities to increase revenue and profit
• Adopt personalization capabilities for consumer emotional connection and retention

Reduce OPEX

15

2021 2022

49.5%

of unattended consumers use unattended solutions because they are faster

29.3%

would make more purchases from unattended channels

ത്ര Source: PYMNTS, The Future of Unattended Retail Report (February 2020)

Global cashless unattended transaction value expected to triple over next five years

Cashless Payments Transaction Value By Vertical (€bn)

	Absolute Growth (€bn) (2015- (20-
	20)	25F)
Total	27.0	81.7
Vending Machines	16.5	29.5
Ticketing Kiosks	3.5	16.3
Amusement / Prize Machines	24	11.1
Laundromats	1.4	7.5
Parking Terminals	1.4	6.5
EV Charging Stations	0.9	7.5
Others(1)	0.9	3.3

Cashless Payments Transaction Value By Region (€bn)

Nayax

16

Source: Company research.

Nayax differentiates through its focus and breadth of platform

	Global Reach	Management Suite	Seamless Deployment	Omni- channel	Consumer Engagement and Loyalty
Nayax	2	2	>	1
Worldline / ingenico
C cantaloupe
C( OL CRANE MOSTATONS

Addressing the unattended opportunity has substantial barriers to entry

PCI GEMVCO

PTCRB

FC ( €

Blue ocean - large market opportunity in unattended Retail

Broader retail market - significant opportunity to expand TAM

SME POS Products and Solutions Spend¹

Entering retail market with strong offering

20 Source: Analysys Mason "Point of sole vendors must look beyond e-commerce to drive revenue growth in the SMB segment" (September 2020)

Naya

Strategy for sustained long-term growth

Nayax culture & values

More than 600 employees in 11 countries

22 Source: company data

Our Continuous Growth

Follow the Yellow POS Road in 60+ Countries ...

... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Push for new card

Tap card to start

550 points

Uninterrupted track record of growth

Consistent & strong organic growth

Source: company data

Rapidly growing recurring revenue base

And expected to continue to grow over time

Nayax platforms approaching retailers from all angles

Nayax Technology & Platform

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Nayax

David Ben Avi Co-Founder and CTO *

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*

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Nayax Unattended Technology

What are Nayax's key technology principles?

	O Nayax O	Global infrastructure based on Nayax's proprietary core technology
2		Security, reliability, redundancy, high availability and fast responsiveness is Nayax's expertise
3		Agile organization to support innovation, rapid development and frequent releases
17		Multi-discipline specialization
5		Substantial expertise supporting a mass production loT environment

The Nayax eco-system

Typical transaction flow overview

Nayax network flow and site topology

IT infrastructure and security information

Privacy Department

Aligned with GDPR (EU Privacy Laws) Aligned with CCPA (California Privacy Laws) Aligned with Israeli Privacy Law

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netskope

. 1 . 1 . 1 .

CISCO

LastPass••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••

FI:SRTINET.

15

orubo

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Corporate Security Infrastructure

EDR - End Point Detection & Response for workstation and servers (Sophos)

MDM - Mobile Device Management (Sophos)

• DLP = Data Leakage Prevention (Email and emp. computers) (Sophos)
• CASB Cloud software security management (Netskope)

Mail Security - Cloud email anti-phishing and spam security system (Fortimail/Cisco Ironport)

Password Manager - Centralized password management (LastPass)

FIREWALLs – Filters incoming and outgoing network traffic (ForiGate)

NAC - Network access control (HP ClearPass)

End Point Permission Manager - Employees PCs permission management CYBERARK (Cyber Ark)

Information Security Regulations & standards

Certified PCI DSS L1 service provider
Certified ISO 27001:2013 - Procedures and processes
Certified EMV solutions

Production Security & Infrastructure

SIEM/SOC-team - monitors all security systems 24/7 (IBM Qradar)

WAF - Web Application Firewall (Imperva)

Secured DNS - Prevents reaching malicious assets outside Nayax ·············································································································································································· network (Cisco Umbrella)

3rd party modules / code inspection - (Whitesource)

WhiteSource

FCARTINET

1

15

FIREWALLs - Filters incoming and outgoing network traffic (ForiGate)

Load Balancer - Load Balancer and traffic manager (F5)

Hypervisor - hypervisor operating system component (VMware)

vmware Tanzu

Nayax

elasticsearch

Kubernetes - Build, run, and manage modern apps on any cloud (Tanzu and AWS)

Log Analyze - It provides a distributed, multitenant-capable fulltext search engine (Elastic Search and Corologic)

2 Radar

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Nayax Platform

Leading end-to-end retail technology and payments platform for unattended commerce and beyond

Global payments acceptance network maximizes sales

• Connections and capabilities to deliver enterprise payments
• International payment network helping customers maximize payment conversion and acceptance across multiple countries
• · Merchant Of Record Model Driving Competitive Offering For SMEs

Key Features

Currencies

Payment Methods and Acquirers

Global Acceptance

Prepaid System

Merchant of Record

Nayax's integrated POS is a key competitive differentiator

• = Integrated POS devices enable the acceptance of digital payments
• Devices hardware and software is designed and developed in-house with Nayax's own specifications
• Nayax manages the entire value chain of the manufacturing process and is able to dictate specifications to manufacturing partners

Key Features

Plug and Play

Easy Onboarding

Array of POS Devices

Touch Screen Device

Constant Updates

Multilingual Voice And Text Interaction

Multiple Network Connections

90

000 0 0

Integrated POS

Nayax

Branded Integrated POS solutions for a vast array of retailers' needs

Telemetry and management software suite provides full visibility to retailers

• " Proprietary software management suite serves as a central intelligence hub for our customers
• Customers can remotely control their machines for more efficient operations
• Customer support offered in 20 languages Key Features

Inventory Management

API Suite for Third-Party Systems

Location Monitoring

Employee Management

(In

Reports & Bl

Flexible Hierarchy

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Store Management

0 0

Nayax

Accessible and easy-to-use telemetry and management solutions

Telemetry and Management Software Suite

Loyalty & marketing suite drives incremental revenue

• Proprietary consumer engagement marketing and loyalty platform
• · Front-end: Monyx Wallet, an e-wallet that allows consumers to make electronic payments with their phone
• " Back-end: the Nayax platform enables customers to manage multiple marketing and loyalty campaigns

Key Features

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Campaign Management

ន្ត្រា

Loyalty Programs

Bonus

Monyx Wallet App

Coupons

Omni-channel Reward

The goal: increase retailers' bottom line

Emerging verticals & Go-to-Market & Customer Case Studies

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Nayax

Keren Sharir CMO

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Nayax Emerging, Highgrowth Verticals

Our platform delivers differentiated instore solutions

• Platform also delivers attended retail POS and payment systems, leveraging its differentiated global payment infrastructure and software platform
• Developing a complete management suite for attended market with marketing capabilities, loyalty and inventory management that links to an online store

Suite

Network

Introducing Weezmo The marketing insights platform for retailers

Giving retailers the tools to engage with their customers and increase ROI by connecting the online and in-store attribution and gaining full visibility of their customers' journeys. Case study:

EV Meter - complete EV charging solutions for your charging network

Residential & Commercial environments

A universal charging stations, designated for residential or commercial environments and controlled by a dedicated app

Charge your electric vehicle at home or on the go!

HIVE - Management Platform

A smart cloud-based management platform, designed to automate, optimize and control your EV charging network.

Grow your EV charging business!

Payment Solutions

A built-in payment solutions accepting credit & debit cards, digital wallet, QR codes and closed loop payments.

Nayax

Pay by using ANY payment method!

Tigapo - Innovative payment and management platform for FECs & Amusement Routes

Leveling up the operators' game by offering players a customized and engaging experience. in longer sessions, increased spending, and a higher percentage of Resulting repeat players

Go-to-Market Strategy

Nayax answering all retailers needs

Multichannel GTM strategy addressing the global opportunity

Enterprise Sales Team	Inside Sales Team	Marketing
Global sales team of 30 10 languages spoken	Global team of 20 7 languages spoken	SEO	Webinars
Covering 8 markets		PPC	Colleague, Influencers
0 0 5 %	Online Shop	Social	referras
(+) (+) (	Available in select markets	medi	network
		Ads & article	Marketing automation

Above Enterprise 3K locations 26 - 3K SME locations 1-25 Micro locations

Global Distribution Network

Distribution Partners

• 00 +00 00000
• Distribution partners in more than 44 countries

Sell across customers segments

OEM / Resellers

• Distributors undergo annual certification process with Nayax
• · Comprehensive training programs to create uniform messaging and customer engagement
• · Access to Nayax hub to provide detailed business information for the distributor

950+ OEM directly integrate Nayax's POS to their machines / resellers that sells Nayax to their customers

Customer Case Studies

Case study: Innovative Vending Solutions (IVS)

Global

10K+ Locations (massage chairs and kiddie strollers)

Purchased 10K+ Nayax devices with a plan for growth in the next Qs

Nayax

• · International presence
• Ability to integrate the POS with special pricing capabilities
• Desire for propriatey app
• Data transfer to a 3rd party system

Outcome

• Increased revenue
• • Operational transparency, lower operational cost with alerts and monitoring
• • Working on their next solution with Nayax embedded into their planning from day 1

Nayax increased our sales by over 30%. They are not just our cashless supplier, but our true technology partner. We know we have made the most secure investment in our cashless technology by going all in with Nayax."

Matt Marino, Innovative Vending Solution (IVS) COO

Case Study: Five Star Food Services

largest Canteen Franchise

75K+ Locations

Purchased 25K+ Nayax devices with a plan for growth in the next Qs; usinq VendSys

Nayax

Challenges Faced

• · Promoting their brand and finding returning consumers
• · Ever changing pricing from suppliers
• · Increase revenue
• EMV

Outcome

• • Using our loyalty campaigns by SKU to leverage supplier side discounts to increase revenue
• • Using remote price changing to lift revenue
• • communication has led to higher cashless acceptance rate
• • with incremental auth to increase ATV and reduce negative consumer issues/ costs

Nayax increased our average transaction price and revenue. With Nayax we saw an increase in the cashless % sales as well as overall lift in revenue showing that the cashless increase didn't cannibalize cash sales

Greg McCall, Five Star, CRO

Case Study: EV Charging

Global

Smart open payment, easily integrated

10K+ Nayax devices deployed nationally by the largest CPO networks on multiple OEM chargers

Challenges Faced

• · Offer open payments, not just subscription or plug- and-charge
• · Charger integration with global OEMs
• CPOs/EVSPs to receive data for . operational transparency
• EMV payments

• • CPOs to reach a larger pool of EV drivers and meeting open payment legislative requirements
• • Utilizing our API/ SDK suite to achieve operational efficiencies, robust data exchanges and advanced integration capabilities
• • Helping drivers, beyond early adopters, feel comfortable in choosing an EV car (paying in any way they choose)
• • growing national DC charging network (public works, rest stops, and private industry like convenience store chains)

Financial Overview

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C

Nayax

メ

メ

Sagit Manor CFO

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Powerful business model build on solid recurring revenue

Execution on strategy resulting consistent & strong growth

Just starting our journey around the world

Superior payment processing economics

Dominating the attractive Merchant Acquirer segment of Unattended POS

Higher operating expenses to support strategic growth plan

Highly visible path to profitability and \$1 Bn revenue

		ലവു വരിന്നും വി. അവലംബം പ്രശസ & Profitability Framework
+35% annual revenue growth		~FY23-FY24 FY28	~FY27-
Highly visible growth fueled by new connected devices	REVENUE GROWTH	Target
		+35% -------------------------------------------------------------------------------------------------------------------------------------------------------------------------	+35%
Global scale and tech advantage enable Nayax to grow faster than the industry	% of RECURRING REVENUE	~60% - 65%	~65% - 70%
	TOTAL REVENUE		~\$1.0Bn
	GROSS PROFIT
Significant operating leverage			+50%
	Adj. EBITDA		+30%

l ona Term Growth Model

Nayax in numbers

റ്റ്

Strong growth, high recurring revenue, and winning market share

Key definitions

• Managed and Connected Devices that are operated by our customers.
• · End Customers Customers that contributed to Nayax revenue in the last 12 months.
• · Recurring Revenue SAAS revenue and payment processing fees.
• · Dollar-based net relention rate Measured as a percentage of revenue from returning customers in a given year as compared to the revenue from such customers in the prior year, which reflects the increase in reveaue and the rate of losses from customer churn.
• · Revenue churn The percentage of revenue lost as a result of customers leaving our platform in the last 12 months.
• · Existing Customer Expansion Revenue generated within a given cohort over the years presents customers from whom we received revenue for the first time, in a given year.
• · Adjusted EBITDA Defined as net income (loss) before other income (expense), foreign exchange gain (loss), income taxes, and depreciation, adjusted to exclude the effects of share-based compensation expense and certain nonrecurring expenses that management believe of ongoing operations, consisting primarily of Equity method investee expenses and other indirect charges associated with our initial public offering.