Deluxe Highlights Multi-Year Strategy, Value Creation Drivers and Execution Focus at Investor Day

Today in New York City, Deluxe (NYSE: DLX), a Trusted Payments and Data company, is hosting its Investor Day featuring members of the company’s executive leadership team (ELT). Analysts and investors will join President and CEO Barry McCarthy and the ELT, both in-person and via live webcast, to learn more about the company’s plans to drive sustained profitable organic growth and increased free cash flow through 2026 via the recently-introduced North Star multi-year execution plan.

The formal presentations will begin at 8:30 am (EST) and will conclude at approximately 11:30 am (EST). A webcast of the live portion of the event and the accompanying presentation slides will be accessible at www.investors.deluxe.com. A replay of the webcast will be available following the event and accessible from the corporate website.

The company will reaffirm its existing guidance for 2023 and provide preliminary guidance for 2024, forecasting comparable adjusted EBITDA and comparable adjusted EPS growth to outpace revenue growth rates, consistent with both year-to-date Q3’23 results and its 2023 outlook, as follows (all figures are approximate):

Preliminary 2024 outlook:

• Revenue of $2.14 to $2.18 billion
• Adjusted EBITDA of $400 to $420 million
• Adjusted EPS of $3.10 to $3.40
• Free cash flow of $60 to $80 million

The company will also provide estimates for the results of operations for its businesses through 2026 as follows:

		Revenue		Adjusted EBITDA Margin
		2023 - 2026 Compound Annual Growth Rate %		2023		2026
Total Deluxe		0% - 3%		19%		21%
Merchant Services		7% - 10%		20%		22% - 23%