Company: IMXI
Filing Date: 2025-11-05
Form Type: DEFM14A
Source: 0001140361-25-040538
Chunk: 103

Company: International Money Express, Inc.
Filing Date: 2025-11-05
Form: DEFM14A
Chunk 103
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 information provided by Intermex’s management, and the number of fully diluted outstanding shares of our common stock (determined using the treasury stock method), based on information provided by Intermex’s management with respect to dilutive securities outstanding as of August 4, 2025, this analysis indicated an implied equity value reference range per share of our common stock of (i) $12.10 to $16.70, when applying the EV / 2025E Adjusted EBITDA and (ii) $10.40 to $14.90, when applying the EV / 2026E Adjusted EBITDA (in each case, rounded to the nearest $0.10). Selected Precedent Transactions Analysis Using public filings and other publicly available information, Lazard reviewed and analyzed selected precedent transactions that Lazard viewed as generally relevant in evaluating the Merger. In performing these analyses, Lazard analyzed certain financial information and transaction multiples relating to companies in the selected transactions and compared such information to the corresponding information for the Merger. Specifically, Lazard reviewed nine acquisition transactions in the retail remittance industry announced since July 2016, that Lazard believed, based on its experience and its professional judgment, to be generally relevant for the purpose of this analysis. These transactions are listed below.

| Announcement Date |     | Acquiror                                                        |     | Target                        |
| December 2024     |     | Railsr, TowerBrook Capital Partners L.P. and J.C. Flowers & Co. |     | Equals Group Limited          |
| June 2024         |     | Corpay, Inc.                                                    |     | GPS Capital Markets, LLC      |
| February 2022     |     | Madison Dearborn Partners                                       |     | MoneyGram International, Inc. |
| January 2021      |     | NCR Corporation                                                 |     | Cardtronics plc               |

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TABLE OF CONTENTS

| Announcement Date |     | Acquiror                            |     | Target                         |
| February 2020     |     | Worldline S.A.                      |     | Ingenico Group                 |
| April 2018        |     | Francisco Partners Management, L.P. |     | Verifone Systems, Inc.         |
| May 2017          |     | Corpay, Inc.                        |     | Cambridge Global Payments Inc. |
| October 2016      |     | Cardtronics plc                     |     | DirectCash Payments Inc.       |
| July