Transparency andDisclosure Report
H1 2023
Pillar III Report
Adyen N.V.

Adyen Transparency and Disclosure Report H1 2023

1Introduction
This document presents the consolidated Transparency and Disclosure Report (Pillar III report) for H1 2023 of Adyen
N.V. (Adyen) as per 30 June 2023.
As a ‘less significant institution’ based in the European Union, Adyen operates under the Capital Requirements
Directive IV (CRD IV) and Capital Requirements Regulation (CRR), including the recent amendments to this framework
as documented in CRR II and CRD V. This framework is based on a three-pillars concept:• Pillar I – Minimum capital requirements• Pillar II – Supervisory review• Pillar III – Market disclosures
In Pillar I, the capital requirements are calculated on the basis of standard components of three categories of risk thatan institution faces: credit risk, market risk and operational risk. These capital requirements need to be covered bysufficient own funds. Adyen uses the standardized approach for credit and market risk categories, and the BasicIndicator Approach for operational risk to determine its minimum regulatory capital requirements.
In Pillar II, the supervisor reviews the viability of Adyen and its ability to meet the reporting requirements. ThisSupervisory Review and Evaluation Process (SREP) comprises four components:• Business Model Assessment (BMA)• Internal governance and institution-wide control assessment• Internal Capital Adequacy Assessment Process (ICAAP)• Internal Liquidity Adequacy Assessment Process (ILAAP)As Pillar II inherently implies supervisory judgment, it is a more principle-based standard that addresses institutionspecific risks and details capitalization against these risks. The capital requirements from Pillar II should be
proportionate to the risk profile of Adyen, and as such also reflect the volatility to risks under adverse and changing
business conditions.
The Pillar III disclosure framework seeks to promote market discipline through regulatory disclosure requirements.
Pursuant to Part Eight of the CRR, Adyen is required to publicly disclose information regarding, amongst others, its
risk profile, risk management and capital adequacy on an annual basis. Adyen discloses this information by means of1
the year-end Pillar III report (see "Transparency and Disclosure - Pillar III" for 2022 ). Per CRR Article 433 c (1) (b),Adyen is required to publish its key metrics on a semi-annual basis, which are disclosed in this H1 2023 Pillar III reportwith a reference date of 30 June 2023.
The content of this Pillar III report meets all the requirements laid down in CRR and corresponding delegatedregulations and guidelines. This report has not been audited by Adyen’s external auditor.

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Transparency and Disclosure Report 2022 Pillar III ReportAdyen Transparency and Disclosure Report H1 2023

Key metrics
CapitalIn Pillar I, Adyen uses the standardized approach for credit and market risk categories, and the Basic Indicator
Approach for operational risk to determine its minimum regulatory capital requirements. Resulting from Adyen’s
business model, operational risk is the largest risk category in terms of risk weighted assets. The total risk exposureamount at 30 June 2023 was EUR 3,742 million.
The capital requirements need to be covered by sufficient own funds. Adyen’s own funds consist fully of CET1 capital,
which was EUR 2,301 million at 30 June 2023. This resulted in a CET1 capital ratio of 61.5%. Subject to approval fromDe Nederlandsche Bank (DNB), Adyen may include its H1 2023 interim net profit to CET1 capital, which would resultin a CET1 capital of EUR 2,583 million and a CET1 ratio of 69.0%. At the publication date of this document, approvalhas not yet been granted, but is expected over the course of Q3 2023.

Leverage Ratio (LR)
Adyen’s leverage ratio was 30.5% as at 30 June 2023, which is well above the requirement of 3%.

Liquidity Coverage Ratio (LCR)The Liquidity Coverage Ratio of Adyen was 2,176% as at 30 June 2023, well above the regulatory threshold of 100%.

Net Stable Funding Ratio (NSFR)
As at 30 June 2023 Adyen’s NSFR was 283%, well above the regulatory threshold of 100%.

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Adyen Transparency and Disclosure Report H1 2023

3Annexes
Please note all annexes are denoted in EUR amounts, unless stated otherwise.

Annex KM 1 – Key metrics

2Template EU KM1
Key metrics templateabc

30-Jun-23

31-Dec-22

30-Jun-22

2,300,894,945

1,972,191,130

1,683,820,112Available own funds (amounts)
1

Common Equity Tier 1 (CET1) capital

2

Tier 1 capital

2,300,894,945

1,972,191,130

1,683,820,112

3

Total capital

2,300,894,945

1,972,191,130

1,683,820,112

3,742,018,069

3,422,114,039

2,852,492,633

Risk-weighted exposure amounts
4

Total risk exposure amount
Capital ratios (as a percentage of risk-weighted exposure amount)5

Common Equity Tier 1 ratio (%)

61.49 %

57.63 %

59.03 %

6

Tier 1 ratio (%)

61.49 %

57.63 %

59.03 %

7

Total capital ratio (%)

61.49 %

57.63 %

59.03 %

Additional own funds requirements to address risks other than the risk of excessive leverage (as a percentage of risk-weightedexposure amount)
EU 7aAdditional own funds requirements to address risks other than the risk of excessive
leverage (%)

3.50 %

4.50 %

7.20 %

EU 7bof which: to be made up of CET1 capital (percentage points)

2.00 %

2.60 %

4.05 %

EU 7cof which: to be made up of Tier 1 capital (percentage points)

2.60 %

3.40 %

5.40 %

EU 7dTotal SREP own funds requirements (%)

11.50 %

12.50 %

15.20 %

2.50 %

2.50 %

2.50 %—%—%—%

0.77 %

0.05 %

0.01 %

Combined buffer and overall capital requirement (as a percentage of risk-weighted exposure amount)8

Capital conservation buffer (%)

EU 8aConservation buffer due to macro-prudential or systemic risk identified at the level of a
Member State (%)

9Institution specific countercyclical capital buffer (%)

EU 9a

Systemic risk buffer (%)

—%

—%

—%

10Global Systemically Important Institution buffer (%)

—%

—%

—%

EU 10a Other Systemically Important Institution buffer (%)

—%

—%

—%

113.27 %2.55 %

2.51 %

EU 11a Overall capital requirements (%)

Combined buffer requirement (%)

14.77 %

15.05 %

17.71 %

1246.72 %42.58 %

41.32 %

7,543,808,883

7,509,698,409

6,555,904,166

30.50 %

26.26 %

25.68 %

CET1 available after meeting the total SREP own funds requirements (%)
Leverage ratio

13Total exposure measure

14

Leverage ratio (%)

Additional own funds requirements to address the risk of excessive leverage (as a percentage of total exposure measure)2EU 14a Additional own funds requirements to address the risk of excessive leverage (%)

0%0%0%EU 14b of which: to be made up of CET1 capital (percentage points)

0%0%0%EU 14c Total SREP leverage ratio requirements (%)

3%3%3%

As per 18 July 2022 DNB and Adyen agreed a new calculation method for the LCR ratio on the basis of the application of Article 26 LCR DA. Adyen reports its LCR on the basisof this revised calculation from July 2022 onwards.

Adyen Transparency and Disclosure Report H1 20234Template EU KM1
Key metrics templateabc30-Jun-23

31-Dec-22

30-Jun-22

Leverage ratio buffer and overall leverage ratio requirement (as a percentage of total exposure measure)EU 14d Leverage ratio buffer requirement (%)

0%0%0%EU 14e Overall leverage ratio requirement (%)

3%

3%3%

Liquidity Coverage Ratio
152,744,211,353

2,532,534,559

1,998,484,154

EU 16a Cash outflows - Total weighted value

Total high-quality liquid assets (HQLA) (Weighted value)*504,435,176

489,699,888

352,835,680

EU 16b Cash inflows - Total weighted value

1,009,601,090

893,556,640

737,877,083

126,108,794

122,424,972

88,208,920

2,176 %

2,069 %

2,266 %

16

Total net cash outflows (adjusted value)17

Liquidity coverage ratio (%)
Net Stable Funding Ratio

18

Total available stable funding

3,000,744,566

2,651,784,071

2,241,581,943

19

Total required stable funding

1,061,557,627

968,913,862

984,227,680

20

NSFR ratio (%)

283 %

274 %

228 %

*Please note that quarter-end numbers are reported here.