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1© 2025 Jack Henry & Associates, Inc.® 2025 Annual Meeting of Stockholders
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2© 2025 Jack Henry & Associates, Inc.® We enable our clients to WIN in markets they serve For over 49 years, we have provided technology and services to strengthen the connections between financial institutions and the businesses and communities they serve. A lot of things have changed over the years, but one thing that hasn’t is our company philosophy: Do the right thing. Do whatever it takes. Have fun! Jack Henry & Jerry Hall
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Strength Partnership Future Focused 5 focus areas set us apart from our competitors JH is a strong, healthy company with a deeply rooted people-first culture and nearly 50-year history of technology innovation. Partnering with our clients and leveraging our industry-leading customer service, we bring innovative and scalable solutions, driving efficiency to help them grow. Now more than ever, we must see around corners with an emphasis on consistent execution and transparent strategy to meet a dynamic, fast-paced environment.
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4© 2025 Jack Henry & Associates, Inc.® 4 The Four Tenets Communication Ensuring important information is flowing through a variety of mediums Collaboration Working together unselfishly toward a common goal Transparency Candid and open communication Consistency Developing similar and repeatable processes C T C C
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5© 2025 Jack Henry & Associates, Inc.® 5 Jack Henry Strategic Direction To be the leading fintech ecosystem orchestrating new value, financial health, and stronger communities. To enable banks and credit unions to win on exceptional user experience and trust through open, innovative technology, data -driven insights, and service, resulting in greater growth and efficiency. We strengthen connections between people and their financial institutions through technology and services that reduce the barriers to financial health. To empower people and communities to gain the financial freedom to move forward. Expand Market Share Refine Solutions Portfolio Optimize Channels Culture InnovationService Purpose: 10-15 year horizon Strategic imperatives: 3-5 year horizon Organizational enablers: 3-5 year horizon Strategy statement: 3-5 year horizon Purpose Mission Vision
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6© 2025 Jack Henry & Associates, Inc.® 6 Nurturing our people-first culture Pat Hall, Greg Adelson & Brenda Henry
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7© 2025 Jack Henry & Associates, Inc.® 7 We value our 7,200+ associates ~10 years average tenure 81% overall engagement score 80% feel a sense of belonging 85% feel Jack Henry demonstrates integrity 88% believe in Jack Henry’s values
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8© 2025 Jack Henry & Associates, Inc.® 8 Industry-leading customer service
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9© 2025 Jack Henry & Associates, Inc.® Industry-leading customer service ~7,400 clients 99% Core client retention (excluding industry consolidation) >14.3M Banno users 55% core clients with us for 20+ years Not Satisfied Extremely Satisfied 1 2 3 4 5 4.61 (FY 2025) Meets Expectations
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10© 2025 Jack Henry & Associates, Inc.® 10
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11© 2025 Jack Henry & Associates, Inc.® 11 Technology innovation
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12© 2025 Jack Henry & Associates, Inc.® 12 Investments in Technology • Technology Modernization strategy • Continued innovation in foundational core systems • Banno platform including: • Business applications • Financial crimes platform • Enterprise account opening platform • SMB strategy and initiatives • AI operational and product initiatives • One Jack Henry program • Faster payments initiatives • Compliance and cyber security 14%-15% Non-GAAP Revenue reinvested in R&D
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13© 2025 Jack Henry & Associates, Inc.® 13 Banking and Industry Insights • Financial institution mergers and acquisitions (M&A) continues to increase. • Regulatory landscape remains unclear in key areas of innovation, specifically stablecoin. • Stablecoin "hype" remains ongoing, and we are proceeding with our strategy. • Bank Director survey and JH Connect validated technology spend will increase in 2026: o Efficiency, digital everything, deposit growth, fraud mitigation, SMB and embedded payments
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14© 2025 Jack Henry & Associates, Inc.® 14 • Macroeconomic uncertainty, including higher interest rates, inflation, and geopolitical conflicts, presents a potential risk to bank profitability. • Artificial intelligence is advancing as we maintain a responsibly ’bold and balanced’ approach, yielding highly positive outcomes throughout the enterprise. Banking and Industry Insights (cont’d)
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15© 2025 Jack Henry & Associates, Inc.® 15 FY25 Highlights • Record revenue and operating income with improved Key Metrics • Record sales bookings • Technology Modernization strategy and execution • Successful rollout of ISO20022 • Seamless executive transition and additional new leaders in key roles • Driving AI usage & programs
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16© 2025 Jack Henry & Associates, Inc.® 16 Financial Update
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17© 2025 Jack Henry & Associates, Inc.® 17 5 Key Performance Indicators Revenue Growth* Free Cash Flow Conversion Return on Invested Capital (ROIC) $6.24 19.3% growth 6.5% 90.0% $410M FCF 22.1% 70 bps GAAP Earnings per Share Delivered on FY25 targets Operating Margin* Expansion / (Contraction), bps *Non-GAAP
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18© 2025 Jack Henry & Associates, Inc.® 18 7.4% 8.1% Non-GAAP Revenue 3 -yr CAGR Non-GAAP Operating Income 3 -yr CAGR Consistent execution delivers strong results
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19© 2025 Jack Henry & Associates, Inc.® 19 Client Revenue model resiliency 31% of JH +6.5% 3yr CAGR37% of JH +7.6% 3yr CAGR 29% of JH +7.0% 3yr CAGR Complementary Payments Core • Diverse asset size & profile with 900+ bank, 700+ credit union and 5,800 non-core clients • No single client > 1% revenue • Strong 99+% core client retention excl M&A • Mission-critical solutions, diverse & durable Billing structure diversification • SaaS Model • Multi-year contracts • Escalators • Transactions/ Accounts/ Members/ Assets/ Banno users • One-time (less than 10% of revenue)
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20© 2025 Jack Henry & Associates, Inc.® 20 GAAP EPS: quality earnings delivering shareholder value 8.1% FY25 3-yr CAGR 2025
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21© 2025 Jack Henry & Associates, Inc.® 21 22.1% FY25 return on invested capital Responsible stewards of investor capital FY25 Dividend raised for the 22nd consecutive calendar year Opportunistically buy back shares and manage dilution Focused investment drives innovation and growth Ended the year with $0 debt Dividends Paid $165M Share Buyback $35M Debt Repayment $150M CapEx and M&A $60M 90.0% FCF Conversion $410M FY25
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22© 2025 Jack Henry & Associates, Inc.® 22 5 Key Performance Indicators Revenue Growth* Free Cash Flow Conversion Return on Invested Capital (ROIC) $6.38-$6.49 2.2%-4.0% growth 6.0%-7.0% Targeting 85%-100% Targeting 20%+ 30-50 bps GAAP Earnings per Share Looking ahead to FY26 Operating Margin* Expansion / (Contraction), bps *Non-GAAP FY26 Guidance
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23© 2025 Jack Henry & Associates, Inc.® 23 Thank you for your support