Alkami Technology, Inc..

5 Repurchases of Common Stock The Company retires all common stock repurchased pursuant to its approved stock repurchase program.

SEC original ↗Alkami Technology, Inc.. — 10-Q Quarterly report10-QJul 30, 2026

The Company records the par value of the common stock repurchased as a reduction of common stock and the excess of the purchase price over par as a reduction of additional paid-in capital, to the extent available, with any remaining excess charged to accumulated deficit on the Company's Unaudited Condensed Consolidated Balance Sheets.

SEC original ↗Alkami Technology, Inc.. — 10-Q Quarterly report10-QJul 30, 2026

Debt Amended Credit Facility On February 27, 2025, the Company entered into a Third Amendment (the Third Amendment ) to the Company s Amended and Restated Credit Agreement dated as of April 29, 2022 (as amended, the Amended Credit Agreement ), with Silicon Valley Bank, a division of First-Citizens Bank & Trust Company, as administrative agent, and other lenders party thereto.

SEC original ↗Alkami Technology, Inc.. — 10-Q Quarterly report10-QJul 30, 2026

The Amended Credit Agreement previously provided for a term loan, which was fully repaid in December 2023 and cannot be re-borrowed.

SEC original ↗Alkami Technology, Inc.. — 10-Q Quarterly report10-QJul 30, 2026

The Company had borrowings of $ 60.0 million on the Revolving Facility during March 2025, with the proceeds used for the acquisition of Fin Technologies, Inc.

SEC original ↗Alkami Technology, Inc.. — 10-Q Quarterly report10-QJul 30, 2026

, dba MANTL ( MANTL ), which borrowings were fully repaid during the three months ended March 31, 2026.

SEC original ↗Alkami Technology, Inc.. — 10-Q Quarterly report10-QJul 30, 2026

Comments on the News Alex Shootman, Chief Executive Officer, said, We are very pleased to report strong financial performance for the third quarter, with solid revenue growth and continued expansion of Adjusted EBITDA.

SEC original ↗Alkami Technology, Inc.. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

s strategy, goals, future focus areas, and expected, possible or assumed future results, including its future cash flows and its financial outlook.

SEC original ↗Alkami Technology, Inc.. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

However, the company believes that, in order to properly understand its short-term and long-term financial, operational and strategic trends, it may be helpful for investors to exclude certain non-cash or non-recurring items when used as a supplement to financial performance measures in accordance with GAAP.

SEC original ↗Alkami Technology, Inc.. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

The company also uses results of operations excluding such items to evaluate the operating performance of Alkami and compare it against prior periods, make operating decisions, determine executive compensation, and serve as a basis for long-term strategic planning.

SEC original ↗Alkami Technology, Inc.. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

These non-GAAP financial measures provide the company with additional means to understand and evaluate the operating results and trends in its ongoing business by eliminating certain non-cash expenses and other items that Alkami believes might otherwise make comparisons of its ongoing business with prior periods more difficult, obscure trends in ongoing operations, reduce management s ability to make useful forecasts, or obscure the ability to evaluate the effectiveness of certain business strategies and management incentive structures.

SEC original ↗Alkami Technology, Inc.. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements, expressed or implied by the forward-looking statements.

SEC original ↗Alkami Technology, Inc.. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Legal Proceedings 27 Item 1A.

SEC original ↗Alkami Technology, Inc.. — 10-Q Quarterly report10-QJul 30, 2026

Commitments and Contingencies Legal Proceedings The Company may become party to various legal actions during the ordinary course of business.

SEC original ↗Alkami Technology, Inc.. — 10-Q Quarterly report10-QJul 30, 2026

Defending such proceedings is costly and can impose a significant burden on management and employees, it may receive unfavorable preliminary or interim rulings during litigation, and there can be no assurances that favorable final outcomes will be obtained.

SEC original ↗Alkami Technology, Inc.. — 10-Q Quarterly report10-QJul 30, 2026

Companies in our industry are often required to defend against litigation claims based on allegations of infringement or other violations of intellectual property rights.

SEC original ↗Alkami Technology, Inc.. — 10-Q Quarterly report10-QJul 30, 2026

Based upon present information, the Company believes that its liability, if any, arising from such pending legal proceedings, asserted legal claims and known potential legal claims that are likely to be asserted, is not reasonably likely to be material to the Company s financial position, results of operations, or cash flows, taking into account established accruals for estimated liabilities.

SEC original ↗Alkami Technology, Inc.. — 10-Q Quarterly report10-QJul 30, 2026