Adyen N : Capital Markets Day Presentation - September 29, 2020

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THE INFORMATION CONTAINED IN THIS PRESENTATION IS CONFIDENTIAL INFORMATION. IN REVIEWING THIS INFORMATION AND/OR ATTENDING THE MEETING WHERE THIS PRESENTATION IS MADE, YOU ARE ACKNOWLEDGING THE CONFIDENTIAL NATURE OF THIS INFORMATION AND ARE AGREEING TO ABIDE BY THE TERMS OF THIS DISCLAIMER. THIS CONFIDENTIAL INFORMATION IS BEING MADE AVAILABLE TO EACH RECIPIENT SOLELY FORITS INFORMATION AND IS SUBJECT TO AMENDMENT. THE PRESENTATION MAY NOT BE REPRODUCED, REDISTRIBUTED, PUBLISHED, PASSED ON OR OTHERWISE DISCLOSED, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, TO ANY PERSON IN THE UNITED STATES, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

This presentation has been prepared by, and is the sole responsibility of, Adyen N.V. (the "Company" and, together with its subsidiaries, the "Group"), and is solely for your information and for use at an investor presentation on 29 September 2020. For the purposes of this disclaimer, "presentation" means this document, its contents or any part of it, any oral presentation, any question and answer session and any written or oral material discussed or distributed during the analyst presentation meeting or otherwise in connection with it. This presentation is for information purposes only and does not and is not intended to, constitute or form part of, and should not be construed as, an offer, an invitation or a recommendation to purchase, sell or subscribe for, or otherwise acquire, securities of the Company or any other securities in the United States, Canada or Japan or in any other jurisdiction or an inducement to enter into investment activity. No part of this presentation, nor the fact of its distribution, should form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. This presentation does not purport to contain all of the information that may be required to evaluate any investment in the Company or any of its securities and should not be relied upon to form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. This presentation is intended to present background information on the Company, its business and the industry in which it operates and is not intended to provide complete disclosure upon which an investment decision could be made. The merit and suitability of an investment in the Company should be independently evaluated and any person considering such an investment in the Company is advised to obtain independent legal, tax, accounting, financial, credit and other related advice prior to making an investment. The release, distribution or publication of this presentation in other jurisdictions may be restricted by law and persons into whose possession this presentation comes should inform themselves about and observe any such restrictions.

The information contained in this presentation is provided as of the date of this document and is subject to change without notice. The information contained in this presentation may be updated, completed, revised and amended and such information may change materially in the future. In giving this presentation, neither the Company, nor any of its respective affiliates, or their respective directors, officers, employees, advisers or agents, undertakes any obligation to amend, correct or update this presentation or to provide the recipient with access to any additional information that may arise in connection with it. The presentation and the information contained in this presentation have not

been independently verified. No representation, warranty or undertaking, express or implied, is made or given by or on behalf of the Company and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation and no responsibility or liability whatsoever (in negligence or otherwise) is assumed by the Company or any of its respective directors, officers, employees, advisors or agents for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with the presentation. Any proposed terms in this document are indicative only and remain subject to contract.

This presentation contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and the securities laws of other jurisdictions. In some cases, these forward-looking statements can be identified by the use of forward-looking terminology, including the words "believes", "estimates", "aims", "targets","anticipates", "expects", "intends", "plans", "forecasts", "continues", "ongoing", "potential", "product", "projects","guidance", "seeks", "may", "will", "could", "would", "should" or, in each case, their negative, or other variations or comparable terminology, or by discussions of strategies, plans, objectives, targets, goals, future events or intentions. The absence of such terminology does not necessarily mean that a statement is not forward-looking. These forward-looking statements include matters that are not historical facts. They appear in a number of places throughout this presentation and include statements regarding the Company's intentions, beliefs or current expectations concerning, among other things, its results of operations, financial condition, liquidity, prospects, competition in areas of its business, outlook and growth prospects, strategies and the industry in which the Company operates. By their nature, forward-looking statements involve known and unknown risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Many of these risks and uncertainties relate to factors that are beyond the Company's ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behaviour of other market participants, the actions of regulators and other factors such as changes in the political, social and regulatory framework in which the Company operates or in economic or technological trends or conditions. Forward-looking statements are based on potentially inaccurate assumptions and are not guarantees of future performance and that the Company's actual results of operations, financial condition and liquidity and the development of the industry in which the Company operates may differ materially from those made in or suggested by the forward-looking statements contained in this presentation. In addition, even if the Company's results of operations, financial condition and liquidity, and the development of the industry in which it operates are consistent with the forward-looking statements contained in this presentation, those results or developments may not be indicative of results or developments in subsequent periods. These forward-looking statements speak only as of the date of this presentation.

Certain data in this presentation are the Company's targets only and not profit forecasts. There can be no assurance that these targets can or will be met and they should not be seen as an indication of the Company's or the Group's expected or actual results or returns.

Certain financial data included in this presentation consists of "non-IFRS (International Financial Reporting Measures as adopted by the European Union) financial measures" including alternative performance measures. These non-IFRS financial measures may not be comparable to similarly titted measures presented by other entities, nor should they be construed as an alternative to other financial measures determined in accordance with International Financial Reporting Standards. Although the Company believes these non-IFRS financial measures provide useful information to users in measuring the financial performance and condition of its business, users are cautioned not to place undue reliance on any non-IFRS financial measures and ratios included in this presentation.

Market and competitive position data in this presentation has generally been obtained from industry publications and surveys or studies conducted by third-party sources. There are limitations with respect to the availability, accuracy, completeness and comparability of such data.

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Adyen NV published this content on 30 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 September 2020 14:59:08 UTC