Investor Presentation November 2020 1 Forward-Looking Statements Tyler has included in this presentation "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical in nature and typically address future or anticipated events, trends, expectations or beliefs with respect to our financial condition, results of operations or business. Forward-looking statements often contain words such as "believes, ...

Financial Data and Key Metrics Changes - For Q3 2020, the company reported adjusted EBITDA of $139 million and adjusted diluted EPS of $0.83, showing a decline from adjusted EBITDA of $267 million and adjusted EPS of $1.57 in the same quarter last year [7][24] - Year-to-date positive adjusted free cash flow reached $120 million, indicating a resilient cash flow position despite ongoing challenges [7] - The loan loss provision as a percentage of gross VOI sales was just under 19%, down from 20% in the same quarter last year [19][26] Business Line Data and Key Metrics Changes - Wyndham Vacation Clubs reported revenue of $477 million with gross VOI sales of $256 million, while tours declined 70% compared to the prior year [25] - New owner tours decreased by 80%, while existing owner tours declined by 55%, but VPG increased by 30% to $3,039 [26] - Panorama segment delivered third quarter revenue of $123 million, down from $161 million in the prior year, with adjusted EBITDA of $59 million compared to $70 million [27] Market Data and Key Metrics Changes - In North America, 97% of resorts have reopened, and occupancy rates reached nearly 60% for open resorts, with a total occupancy of 77% over Labor Day [11][12] - Over 90% of owners drove to resorts for vacations, reflecting a shift in consumer behavior towards drive-to destinations [10] - The company noted that Las Vegas and Central Florida were the only two markets representing more than 10% of VOI sales, with Las Vegas at 13% and Central Florida at 12% [11] Company Strategy and Development Direction - The company remains focused on leisure travel and has a geographically diverse resort footprint to minimize reliance on any single market [8][9] - Plans to grow the non-timeshare relationships through Panorama Travel Solutions, targeting over 100 million North American households that do not own timeshare [20][21] - The company aims to maintain free cash flow positivity for the full year while being cautious of uncertainties such as COVID spikes and economic conditions [22][23] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the continued recovery in consumer confidence and travel demand, with expectations for improved performance in Q4 [22][38] - The company anticipates tours to be down 60% year-over-year in Q4, with gross VOI sales expected to be 45% lower year-over-year [23] - Management highlighted the importance of adapting to changing consumer behaviors and maintaining flexibility in booking policies to encourage travel [80][90] Other Important Information - The company paid a third-quarter dividend of $0.30 per share and plans to recommend a similar dividend for the fourth quarter [33] - The company has improved its capital and liquidity position, with $1.3 billion in cash and cash equivalents and a net leverage ratio of 4.1x [31] Q&A Session Summary Question: What is the outlook for VOI sales in October? - Management noted continued momentum in October, expecting to cross the $100 million mark for VOI sales, reflecting improvement against the prior year [37] Question: How is the inventory outlook and opportunities in the market? - Management expressed comfort with current inventory levels and indicated that they would focus on driving free cash flow rather than pursuing new acquisitions this year [42][43] Question: What is the margin performance outlook for the Panorama segment? - Current margins are strong due to cost controls, but future margins may face pressure as ARN grows within the Panorama segment [44] Question: How are bookings and cancellations being affected by COVID spikes? - Management observed that cancellations have not spiked despite rising COVID cases, attributing this to consumer fatigue and increased comfort with safe travel [75][86] Question: Are there any restrictions affecting travel to resorts? - Management indicated that while some consumers remain hesitant to travel, the company's diverse resort locations provide flexibility for owners to choose alternative destinations [90]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended September 30, 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number 1-10485 TYLER TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) | Delaware | | 75-2303920 | | | --- | --- | --- | --- | | (State or other jurisdiction of inc ...

Tyler Technologies, Inc. (NYSE:TYL) Q2 2020 Earnings Conference Call July 30, 2020 10:00 AM ET Company Participants Lynn Moore - President and CEO Brian Miller - CFO Conference Call Participants Peter Heckmann - D.A. Davidson Kirk Materne - Evercore Matt VanVliet - BTIG Scott Wilson - RBC Capital Markets Rob Oliver - Baird Scott Berg - Needham & Company Charlie Strauzer - CJS Securities Jonathan Ho - William Blair & Company Keith Housum - Northcoast Research Operator Hello, and welcome to today's Tyler Tech ...

JULY 30, 2020 Q2 2020 Earnings Presentation © 2018 Wyndham Destinations Proprietary Forward-Looking Statements This presentation includes "forward-looking statements" as that term is defined by the Securities and Exchange Commission ("SEC"). Forward-looking statements are any statements other than statements of historical fact, including statements regarding our expectations, beliefs, hopes, intentions or strategies regarding the future. In some cases, forward-looking statements can be identified by the use ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number 1-10485 TYLER TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) | Delaware | | 75-2303920 | | | --- | --- | --- | --- | | (State or other jurisdiction of incorporation or organization) | | (I.R.S. employer iden ...

Investor Presentation May 2020 1 Forward-Looking Statements Tyler has included in this presentation "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical in nature and typically address future or anticipated events, trends, expectations or beliefs with respect to our financial condition, results of operations or business. Forward-looking statements often contain words such as "believes," "ex ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended March 31, 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number 1-10485 TYLER TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) | Delaware | 75-2303920 | | | --- | --- | --- | | (State or other jurisdiction of | (I.R.S. emplo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-10485 TYLER TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 75-2303920 (State or other jurisdiction of incorporation or organization) 5101 Te ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended September 30, 2019 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number 1-10485 TYLER TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) | Delaware | | 75-2303920 | | | --- | --- | --- | --- | | (State or other jurisdiction of | | ...