Priority Technology (PRTH) Registration Filing summary

Company overview and business model

• Operates as a solutions provider in electronic payments and Banking as a Service (BaaS), serving over 1.1 million active SMB, B2B, and enterprise customers.

• Processes approximately $127 billion in annual volume and administers over $1.1 billion in deposits.

• Offers proprietary technology platforms for payment processing, AP automation, and embedded finance, with products like MX Merchant and Plastiq Pay.

• Revenue is primarily generated from payment processing transactions, with additional income from subscriptions and interest on deposits.

• Maintains a global presence with over 1,000 employees and regional offices in the US and India.

Financial performance and metrics

• Incorporated by reference are audited consolidated financial statements for the year ended December 31, 2023, and quarterly reports for 2024.

• Ernst & Young LLP serves as the independent registered public accounting firm.

Use of proceeds and capital allocation

• Net proceeds from company sales of securities will be used as set forth in the applicable prospectus supplement; no proceeds from sales by selling stockholders unless otherwise stated.