S- I/A Table of Contents NON-GAAP FINANCIAL MEASURES This prospectus contains "non-GAAP financial measures" that are financial measures that either exclude or include amounts that arc not excluded or included in the most directly comparable measures calculated and presented in accordance with generally accepted accounting principles in the United States (GAAP). Specifically, we make use of the non-GAAP financial measures "Adjusted EBITDA," "Adjusted Net Income," and "Covenant EBITDA." Adjusted 0' ITDA represents: Net income or loss attributable to First Data, plus • Interest expense, net; • Income tax (benefit) expense; • Depreciation and amortization; • Stock-based compensation; and • Other adjustments as described in Note (8) to "Pruspattus Summary—Summary Historical Consolidated Financial and Other Data." Adjusted Net Income represents: Net income or loss attributable to First Data, plus • Stock-based compensation; • Loss on debt extinguishment; • Amortization of acquisition intangibles; and • Other adjustments as described in Note (9) to "Pn.60.4..tus Summary—Summary Historical Consolidated Financial and Other Data." We also make use of the non-GAAP financial measure "Covenant EBITDA" which is used to measure covenant compliance in agreements governing certain of our indebtedness. See "Management's Discussion and Analysis of Financial Condition and Results of Operations —Liquidity and Capital Resources--Guarantees and covenants." Adjusted a t ITDA, Adjusted Net Income, and Covenant EBITDA arc not recognized terms under GAAP and do not purport to be alternatives to net income (loss) attributable to First Data as a measure of operating performance or to caste flows front operating activities as a measure of liquidity. Additionally, these measures are not intended to be a measure of free cash flow available for management's discretionary use as they do not consider certain cash requirements such as interest payments. tax payments,