Pathward Financial Investor Presentation — March 2024

Document content

SECOND QUARTER FISCAL YEAR 2024FORWARD LOOKING STATEMENTS

This investor update and our comments during the investor conference call contain “forward- looking statements” which are made in good faith by Pathward Financial, Inc.TM (the “Company”) pursuant to the

“safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward- looking statements by words such as “may,” “hope,” “will,” “should,” “expect,” “plan,” “anticipate,”

“intend,” “believe,” “estimate,” “predict,” “potential,” “continue,” “could,” “future,” “target,” or the negative of those terms , or other words of similar meaning or similar expressions. You should carefully read

statements that contain these words because they discuss our future expectations or state other “forward- looking” information.

These forward -looking statements are based on information currently available to us and assumptions about future events, and inc lude statements with respect to the Company’s beliefs, expectations,

estimates, and intentions, which are subject to significant risks and uncertainties, and are subject to change based on vario us factors, some of which are beyond the Company’s control. Such risks,

uncertainties and other factors may cause our actual growth, results of operations, financial condition, cash flows, performance and business prospects and opportunities to differ materially from those

expressed in, or implied by, these forward- looking statements. Such statements include, without limitation, the statements on th e slide entitled “Narrowing FY 2024 Guidance Range to $6.30 - $6.60 Earnings

Per Diluted Share,” and address, among others, the following subjects: future operating results including our earnings per di luted share guidance, annual effective tax rate, and related performance

expectations; progress on key strategic initiatives; expected results of our partnerships; impacts of our improved data analy tics, underwriting and monitoring processes; our goals and possible future actions

with respect to optimizing the balance sheet and growing earnings; expected nonperforming loan resolutions and net charge off rates; the performance of our securities portfolio; the impact of card balances

related to government stimulus programs; customer retention; loan and other product demand; new products and services; credit quality; the level of net charge- offs and the adequacy of the allowance for

credit losses; and technology. The following factors, among others, could cause the Company's financial performance and resul ts of operations to differ materially from the expectations, estimates, and

intentions expressed in such forward- looking statements: maintaining our executive management team; expected growth opportunities may not be realized or may take longer to realize than expected; the