Priority Technology Holdings, Inc.

14. Segment Information

The Company'sthree reportable segments included Merchant Solutions, Payables and Treasury Solutions:

•Merchant Solutions: Provides full-service acquiring and payment-enabled solutions for B2C transactions, leveraging Priority's proprietary software platform, distributed through ISO, direct sales and vertically focused ISV channels.

•Payables: Provides market-leading AP automation solutions to corporations, software partners and industry leading FIs in addition to improving cash flows by providing instant access to working capital.

•Treasury Solutions: Provides embedded finance and treasury solutions to customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments.

Corporate includes costs of corporate functions and shared services not allocated to our reportable segments.

The Company's chief operating decision makers ("CODM") are our CEO and CFO. The CODM uses adjusted earnings before interest expense, income tax and depreciation and amortization expenses ("Adjusted EBITDA") as the measure of segment profit or loss to allocate resources. Adjusted EBITDA represents EBITDA (i.e. earnings before interest, income tax, and depreciation and amortization expenses) adjusted for certain non-cash costs, such as stock-based compensation and the write-off of the carrying value of investments or other assets, as well as debt extinguishment and modification expenses and other expenses and income items considered non-recurring, such as acquisition integration expenses, certain professional fees, and litigation settlements.

Segment level assets information is not provided or subject to review by the CODM and therefore not provided.

Information on reportable segments and reconciliations to income before income taxes are as follows:

(1)The significant expense categories and amounts align with the segment level information regularly provided to the CODM.

(2)Other operating expenses including salary and employee benefits, and selling, general and administrative expenses.

(3)Other segment items for each reportable segment include other income, net, and stock-based compensation expense.

(4)Adjustment for corporate items include:

(5)Other items include other income net, stock-based compensation expense, and selling general and administrative (non-recurring expense).

(1)The significant expense categories and amounts align with the segment level information regularly provided to the CODM.

(2)Other operating expenses including salary and employee benefits, and selling, general and administrative expenses.

(3)Other segment items for each reportable segment include other income, net, and stock-based compensation expense.

(4)Adjustment for corporate items include:

(5)Other items include other income net, stock-based compensation expense, and selling general and administrative (non-recurring expense).