TM Unified Commerce Cloud Platform January 2022 Forward-Looking Statements. This presentation contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, Section 27A of the Securities Act of 1933, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical in nature, but rather are predictive of our future operations, financial condition, business strategies and prospects. Forwardlooking s ...

Financial Performance - Q3 revenue reached $77.9 million, a 42% increase compared to Q3 2020[9] - Organic revenue growth was 24%[9] - Total gross margin was $18.214 million, representing 23.4% of total revenue[8] - Net loss was $(31.933) million, while adjusted net loss was $(9.320) million[8] ARR Growth - Total ARR grew 35% year-over-year from Q3 2020[12] - Punchh ARR increased 47% from Q3 of the previous year[12] - Brink POS ARR increased 29% from Q3 of the previous year[12] - Contracted ARR totaled approximately $97 million at the end of Q3[12] Brink POS Performance - Brink POS ARR increased 29% from Q3 last year[15] - Contracted ARR for Brink POS is $33.5 million at the end of Q3[15] - Active Brink POS sites increased by 35% year-over-year, reaching approximately 14,900[18] Punchh Performance - Punchh ARR increased 47% from Q3 last year[21] - Contracted ARR for Punchh is $63.3 million at the end of Q3[21] - Active Punchh stores increased by 67% year-over-year[24]

PAR Technology Corporation (NYSE:PAR) Q3 2021 Earnings Conference Call November 9, 2021 4:30 PM ET Company Participants Chris Byrnes - Vice President, Business Development Savneet Singh - CEO and President Bryan Menar - Chief Financial Officer Conference Call Participants Patrick Macaulay - William Blair Anja Soderstrom - Sidoti Adam Wyden - ADW Capital Operator Good day and thank you for standing by. Welcome to the FY 2021 Third Quarter Financial Results Conference Call. At this time, all participants are ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2021 OR ☐ TRANSITION REPORT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From __________ to __________ Commission File Number: 1-09720 PAR TECHNOLOGY CORPORATION (Exact name of registrant as specified in its charter) Delaware 16-1434688 (State or other ...

PAR Technology Corporation (NYSE:PAR) Q2 2021 Earnings Conference Call August 9, 2021 4:30 PM ET Company Participants Chris Byrnes – Vice President of Business Development Savneet Singh – President and Chief Executive Officer Bryan Menar – Chief Financial Officer Conference Call Participants Samad Samana – Jefferies George Sutton – Craig-Hallum Pat McIlwee – William Blair Adam Wyden – ADW Capital Operator Good day and thank you for standing by. Welcome to the PAR Technology Fiscal Year 2021 Second Quarter F ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2021 OR ☐ TRANSITION REPORT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From __________ to __________ Commission File Number: 1-09720 PAR TECHNOLOGY CORPORATION (Exact name of registrant as specified in its charter) Delaware 16-1434688 (State or other juri ...

Company Overview - PAR Technology is transforming into a fast-growing SaaS provider of restaurant software[4] - The company is building a Unified Commerce Cloud Platform to empower restaurants[4] - PAR serves over 500 brands across its Hardware & SaaS product lines[4,8] Financial Performance - In 2020, PAR had $73 million in Hardware Revenue and $65 million in ARR (Annual Recurring Revenue)[5] - Brink POS is growing at a 40% CAGR (2017-2020)[6] - Punchh is growing at a 52% CAGR (2017-2020) year-over-year[6] - The Pro Forma ARR CAGR from 2017 to 2020 was 46%[8] - Punchh ended 2020 with approximately $32 million in ARR[48] Key Products & Metrics - Brink POS has 12,100 active restaurant locations[8] - Punchh has 41,000 active restaurant locations[8] - Brink has a gross store churn of approximately 5% in 2020[8] - Punchh has a net dollar retention of 115%[8] Acquisition - PAR acquired Punchh for a total estimated consideration of $500 million[48]

Financial Data and Key Metrics Changes - In Q1 2021, the company reported revenues of $54.5 million, with a GAAP net loss of $8.3 million, or $0.38 per share, compared to a GAAP net loss of $10.9 million, or $0.61 per share for the same period in 2020 [15][29] - On an adjusted basis, the non-GAAP net loss for Q1 2021 was $7.6 million, or a loss of $0.34 per share, compared to a non-GAAP net loss of $4.7 million, or $0.26 per share for Q1 2020 [15][29] - The company reported a total backlog of over $140 million as of March 31, 2021 [31] Business Line Data and Key Metrics Changes - Brink's performance in Q1 included 1,345 new store bookings, an 85% improvement from Q1 2020, with an ARR of $25.6 million, a 15.3% increase from the same quarter last year [16][17] - Restaurant Magic bookings in the quarter were 231, with an ARR reported at $9 million, contributing to a combined ARR in Brink and Restaurant Magic of $34.6 million at the end of the quarter [20][21] - Product revenues were flat at $18.6 million compared to Q1 2020, while service revenue decreased by 4.3% to $18 million [29][30] Market Data and Key Metrics Changes - The government segment increased revenue by 3.2% compared to Q1 2020, with ISR revenues increasing by 8.8% [23][31] - COVID-related churn was 4% annualized of the overall base, down from a peak of 15% during the early stages of the pandemic [20] Company Strategy and Development Direction - The acquisition of Punchh is seen as a game-changer, enhancing PAR's position as a unified commerce cloud platform for enterprise restaurants [10][12] - The company aims to focus on capital allocation and strategic initiatives, including M&A activity to enhance its software offerings [26][27] - The management believes that technology will be central to the changes in restaurant operating models, with a focus on customer engagement and loyalty programs [13][25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2021, citing strong bookings and a record backlog as indicators of future growth [7][8] - The company anticipates an acceleration in activations as COVID restrictions ease, with expectations of returning to traditional growth rates by the end of the year [44][85] - Management emphasized the importance of executing on the backlog to drive ARR growth, with historical growth rates of 40-50% being achievable [84][85] Other Important Information - The company reported a significant increase in SG&A expenses due to variable compensation and acquisition costs related to Punchh [33] - Cash used in operating activities improved to $3.4 million from $15.1 million in Q1 2020, reflecting better working capital management [35] Q&A Session Summary Question: What is driving the sustained strength in bookings? - Management noted that there were no large deals but attributed the strength to continued momentum from previous quarters and improved activation processes [40] Question: How should we think about Brink ARR growth? - Management expects to see acceleration in Q2 and beyond, with a strong backlog supporting growth [44][46] Question: What early reactions have been seen from customers regarding the Punchh acquisition? - Feedback has been positive, with existing customers showing interest and no significant customer dissatisfaction reported [51][52] Question: How will Punchh impact future numbers? - The integration will be reflected in the software and services revenue lines, providing more transparency in financial reporting [55] Question: What is the expected pace of activations for Brink? - Management anticipates returning to pre-pandemic activation levels, with potential for acceleration as restrictions ease [58][59] Question: How is the integration of Punchh progressing? - The integration is going well, with a focus on cross-selling and collaboration between teams [74][78] Question: How does the company prioritize chains for implementation? - Management indicated that they are actively working to educate customers on the ROI of their solutions and prioritize chains that can guarantee higher ARPU [88][92]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2021 OR ☐ TRANSITION REPORT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From __________ to __________ Commission File Number: 1-09720 PAR TECHNOLOGY CORPORATION (Exact name of registrant as specified in its charter) Delaware 16-1434688 (State or other jur ...

PAR Technology Corporation (NYSE:PAR) Q4 2020 Earnings Conference Call March 15, 2021 4:30 PM ET Company Participants Chris Byrnes - Vice President, Business Development Savneet Singh - Chief Executive Officer and President Bryan Menar - Chief Financial Officer Conference Call Participants Samad Samana - Jefferies Stephen Sheldon - William Blair George Sutton - Craig-Hallum Adam Wyden - ADW Capital Operator Ladies and gentlemen thank you for standing by and welcome to the PAR Technology 2020 Fourth Quarter ...