Deluxe to Participate in Upcoming Investor Conference

Rhea-AI Summary

Deluxe (NYSE: DLX) has announced that CEO Barry C. McCarthy and CFO Scott C. Bomar will present at CL King’s 20th Annual Best Ideas Conference on Monday, September 12, at 3:30 pm ET. A live webcast will be available for registration on CL King’s website. Additionally, a previous press release from May 18, 2022, regarding an inducement grant for Chief Technology and Digital Officer Yogaraj Jayaprakasam, has been updated to include 16,653 performance share units (PSUs) awarded to him, which are tied to shareholder return and revenue targets, vesting through 2023.

Updates Prior Executive Compensation Press Release

MINNEAPOLIS--(BUSINESS WIRE)-- Deluxe (NYSE: DLX), a Trusted Payments and Business Technology™ company, announced today that Barry C. McCarthy, President and Chief Executive Officer, and Scott C. Bomar, Senior Vice President and Chief Financial Officer, will present at CL King’s 20^th Annual Best Ideas Conference on Monday, September 12 at 3:30 pm ET.

Interested parties can register for a live webcast of the event on CL King’s website at https://www.clking.com/events/calendar-of-upcoming-events/.

Also, on May 18, 2022, Deluxe issued a press release describing an inducement grant made on May 13, 2022, for the appointment of Yogaraj Jayaprakasam as Chief Technology and Digital Officer. The press release referenced restricted stock units awarded to Mr. Jayaprakasam, but inadvertently omitted to note that Deluxe also granted Mr. Jayaprakasam 16,653 performance share units (PSUs), half of which will vest based on achievement of a target total shareholder return, and half of which will vest based on achievement of a target total revenue. The performance period for the PSUs runs from January 1, 2022, to December 31, 2023, and any payout, which can range from 0% up to 200%, would occur in early calendar 2024.

About Deluxe

Deluxe, a Trusted Payments and Business Technology™ company, champions business so communities thrive. Our solutions help businesses pay, get paid, and grow. For more than 100 years, Deluxe customers have relied on our solutions and platforms at all stages of their lifecycle, from start-up to maturity. Our powerful scale supports millions of small businesses, thousands of vital financial institutions and hundreds of the world’s largest consumer brands, while processing approximately $3 trillion in annual payment volume. Our reach, scale and distribution channels position Deluxe to be our customers’ most trusted business partner. To learn how we can help your business, visit us at www.deluxe.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220902005011/en/

Tom Morabito, VP, Investor Relations

470-607-5567

tom.morabito@deluxe.com

Cam Potts, Chief Communications Officer

651-233-7735

cameron.potts@deluxe.com

Source: Deluxe Corporation

FAQ

When will Deluxe's executives present at the Best Ideas Conference?

Deluxe executives will present at CL King’s 20th Annual Best Ideas Conference on Monday, September 12, at 3:30 pm ET.

What is the significance of the performance share units awarded to Yogaraj Jayaprakasam?

Yogaraj Jayaprakasam was awarded 16,653 performance share units (PSUs), which vest based on achieving shareholder return and revenue targets, with a performance period from January 1, 2022, to December 31, 2023.

How can I register for the webcast of Deluxe's presentation?

Interested parties can register for the live webcast of Deluxe's presentation on CL King’s website.

What company is represented by the stock symbol DLX?

The stock symbol DLX represents Deluxe Corporation.

What is Deluxe Corporation's business focus?

Deluxe Corporation focuses on trusted payments and business technology, helping businesses pay, get paid, and grow.