Ann: H1 FY23 Results Update, page-2

Record group revenue of $351.0m (up 19% YoY).○ Record transaction volume (TTV) of $4.9b (up 10% YoY).○ Record transaction numbers of 42.2m (up 17% YoY).○ Active customer numbers increased to 7.3m (up 4% YoY).○ Merchant numbers increased to 97.5k (up 20% YoY).○ Cash gross profit of $121.7m (up 20% YoY).○ Core Cash EBTDA2 of ($33.2m), an improvement of $27.3m from ($60.5m) in HY22.○ Revenue Margin of 7.1% (up 50bps YoY).○ Group credit losses of 1.9%3 of TTV (down from 2.4% in HY22 and now inside target range).○ NTM of 2.5% (up from 2.3% in HY22) a great result in a rising cost environment.○ Zip US and NZ delivered positive cash EBTDA in November and December. Zip US and NZ remain on track to exit FY23 with positive cash EBTDA on a sustainable basis, along with Zip’s AU business which has been cash flow positive for four years.○ Zip remains well funded with sucient available cash and liquidity to deliver on positive group cash EBTDA during HY24.○ Zip has now completed the strategic review of its rest of world and non-core operations. The Company will take actions to divest, restructure or wind down these businesses, which is expected to neutralise cash burn and deliver additional cash inflows during 2H23, contributing directly to the group’s available cash and liquidity.○ Zip supports fit-for-purpose regulation in AU and with 10 years experience of oering regulated credit under its credit licence, Zip’s existing process and capability of conducting full ID, credit and aordability checks has the Company ready for potential changes to the regulatory framework.