FLEETCOR Technologies Investor Presentation — February 2021

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1 FLEETCOR Reports Fourth Quarter and Fiscal Year 2020 Financial Results

Atlanta , Ga., February 4, 2021 -- FLEETCOR Technologies, Inc. (N YSE: FLT), a global leader in business

payments , today reported financial results for its fourth quarter and year ended December 31, 2020 .

“Q4 finished better than expected, with improving trends across the board. Our 2021 set up looks good,

with the potential for high- teens revenue and profit growth from Q2 on,” said Ron Clarke, chairman and

chief executive officer, FLEETCOR Technologies, Inc. “We are particularly excited about our SMB online

bill pay acquisition, which creates the opportunity to accelerate both our Corporate Payments and Fuel card

growth over the mid -term,” Clarke continued.

Financial Results for Fourth Quarter of 20 20:

• Revenues decreased 12% to $ 617.3 million in the fourth quarter of 2020, compared with $698.9

million in the fourth quarter of 2019 .

• Net income decreased 11% to $209.9 million in the fourth quarter of 2020, compared with $235.5

million in the fourth quarter of 2019 .

• Net income per diluted share decreased 6 % to $2.44 in the fourth quarter of 2020 , compared with

$2.60 per diluted share in the fourth quarter of 2019 .

• Adjusted net income1 decreased 10% to $258.4 million in the fourth quarter of 20 20, compared

with $286.4 million in the fourth quarter of 2019 .

• Adjusted net income per diluted share1 decreased 5% to $3.01 in the fourth quarter of 20 20,

compared with $3.17 per diluted share in the fourth quarter of 201 9.

Financial Results for Fiscal Year 2020 :

• Revenues de creased 10% to $2,388.9 million in 20 20, compared with $2,648.8 million in 201 9.

• Net income decreased 21 % to $704 .2 million in 2020, compared with $895.1 million in 2019.

• Net income per diluted share decreased 1 8% to $ 8.12 in 20 20, compared with $9.94 per diluted

• Adjusted net income1 decreased 9 % to $962.2 million in 2020, compared with $1,062.1 million in

• Adjusted net income per diluted share1 decreased 6% to $11.09 in 2020, compared with $11.79 in

Fiscal Year 20 21 Outlook:

“Clearly there is still tremendous uncertainty on the path and pace of recovery for 2021, much of it

predicated on widespread vaccinations and a corresponding economic recovery. Based on what we know

today, and our expectation that activity will continue to improve throughout the year, o ur outlook for 202 1

is for organic revenue growth to be in the 9% to 13% range , and adjusted net income to be up a