Far Point Acquisition Corp (Form: 8-K, Received: 01/16/2020 08:59:33)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): January 16, 2020

FAR POINT ACQUISITION CORPORATION

(Exact name of registrant as specified in its charter)


Delaware	001-38521	82-4710750
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification Number)

18 West 18^th Street

New York, NY 10011

(Address of principal executive offices)(Zip Code)

Registrant’s telephone number, including area code: (212) 715-3880

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☒	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

Securities registered or to be registered pursuant to Section 12(b) of the Act.


Title of each class	Ticker Symbol	Name of each exchange on which registered
Units, each consisting of one share of Class A Common Stock and one-third or one Warrant to purchase one share of Class A Common Stock	FPAC.UN	The New York Stock Exchange
Shares of Class A common stock, par value $0.0001 per share	FPAC	The New York Stock Exchange
Warrants, exercisable for one share of Class A Common Stock for $11.50 per share	FPAC.WS	The New York Stock Exchange

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

The Merger Agreement

On January 16, 2020, Far Point Acquisition Corporation, a Delaware corporation (the “Company” or “Far Point”), entered into an Agreement and Plan of Merger (the “Merger Agreement”), by and among the Company, SL Globetrotter, L.P., a Cayman Islands exempted limited partnership (“Globetrotter” and, in its capacity as a representative of Global Blue (as defined below) and its shareholders as of the date of the Merger Agreement and immediately prior to the closing, the “GB Shareholders’ Representative”), Global Blue Group Holding AG, a stock corporation (Aktiengesellschaft) incorporated under Swiss law, with its registered office in 38, Zürichstrasse, CH-8306 Brüttisellen, Switzerland (“New Global Blue”), Global Blue US Holdco LLC, a Delaware limited liability company (“US Holdco”), Global Blue US Merger Sub Inc., a Delaware corporation (“US Merger Sub”), Global Blue Holding L.P., a Cayman Islands exempted limited partnership (“Cayman Holdings”), the individuals whose names appear on the signature pages thereof under the heading “Management Sellers” (the “Management Sellers” and, together with Globetrotter and Cayman Holdings, the “Seller Parties”), Global Blue Group AG, a stock corporation (Aktiengesellschaft) incorporated under Swiss law, with its registered office in 38, Zürichstrasse, CH-8306 Brüttisellen, Switzerland (“Global Blue”), Thomas W. Farley, solely in his capacity as the FPAC Shareholders’ Representative (“FPAC Shareholders’ Representative”), solely for purposes of Sections 2.20 and 8.01 thereof, Far Point LLC, a Delaware limited liability company (“Founder”), and Jacques Stern, solely in his capacity as the Management Representative (“Management Representative”).

Pursuant to the Merger Agreement, the parties to the Merger Agreement have agreed that, in connection with the Closing (as defined in the Merger Agreement), (i) the Seller Parties will undertake a series of transactions pursuant to which they will sell, exchange and contribute the ordinary shares of Global Blue for a mix of cash (“Cash Consideration”) and shares of New Global Blue (“Stock Consideration”) and (ii) a wholly-owned indirect subsidiary of New Global Blue will merge with and into the Company, with the Company being the surviving corporation in the merger and a wholly-owned indirect subsidiary of New Global Blue (the merger described in clause (ii), the “Merger”, and together with the transactions described in clause (i), the “Business Combination”). Pursuant to the Merger each share of the Company’s common stock issued and outstanding as of immediately prior to the Closing (other than Excluded Shares, as defined in the Merger Agreement) will be exchanged for one share of New Global Blue’s ordinary shares, and each Company warrant will convert to a warrant to acquire one New Global Blue ordinary share on the same terms. Upon consummation of the Business Combination, New Global Blue will be a publicly traded foreign private issuer. It intends to apply to list its shares and warrants on the New York Stock Exchange (the “NYSE”) under the trading symbol “GB”. New Global Blue will be the ultimate parent company of the business currently operated by Global Blue and its subsidiaries. Global Blue is a leading provider of tax free shopping and payment solutions.

The total consideration payable to the Seller Parties in connection with the Business Combination is based upon an enterprise value of Global Blue post-transaction of €2.3 billion (subject to adjustments based on indebtedness and other factors as more fully described in the Merger Agreement), a portion of which will be paid in Cash Consideration and the remainder of which will be paid in Stock Consideration. The Cash Consideration to be paid to the Seller Parties will be approximately $967MM, and will be funded by (i) the $646MM in Company cash held in trust, (ii) $100MM equity capital committed by certain affiliates of Third Point LLC, a Delaware limited liability company (“Third Point”) (the “Third Point PIPE”), (iii) $125MM equity capital committed by Antfin (Hong Kong) Ltd. (Ant Financial Services Group, a member of the Alibaba digital economy) (“Ant Financial”), and (iv) $125MM equity capital committed by several established strategic equity investors (the investors in (ii), (iii) and (iv) collectively the “PIPE Investors”). The Cash Consideration amount is subject to adjustments as more fully described in the Merger Agreement, including a reduction in the event that payments are required to be made by the Company in connection with the exercise by one or more of the Company’s stockholders of their redemption rights with respect to the Company’s shares of Class A common stock (“Redemptions”). The Stock Consideration to be issued to the Seller Parties will be in the form of common shares of New Global Blue; provided, that, in the event Redemptions exceed 5,000,000, a portion of the Stock Consideration will be in the form convertible preferred shares of New Global Blue. The Cash Consideration and Stock Consideration are subject to customary post-closing adjustments as more fully described in the Merger Agreement.

In addition to the agreement with respect to the Third Point PIPE, an affiliate of Third Point previously entered into an agreement at the time of the Company’s initial public offering to purchase shares of the Company’s common stock for $9.50 per share (the “Forward Purchase Shares”) to the extent Redemptions exceed 20,000,000 shares. In the event such Third Point affiliate is obligated to purchase any Forward Purchase Shares as the result of such Redemptions, Third Point’s PIPE commitment will be reduced, as will the Cash Consideration (and there will be a corresponding increase in Stock Consideration).

In addition to the Founder Share Surrender Agreement (as described below), the Merger Agreement provides that in connection with the Business Combination, the Founder will contribute to New Global Blue 2,500,000 shares of Class B common stock of the Company (“Class B Shares”) held by the Founder as of immediately prior to the Closing, and that 2,500,000 shares of New Global Blue will be delivered to a nominee that will hold such shares for future delivery to the Founder upon the achievement of certain future New Global Blue share trading levels.

As a result of the Business Combination, assuming no Redemptions, the existing Company shareholders will hold approximately 39% of New Global Blue, the Seller Parties will hold approximately 42%, the PIPE Investors will hold approximately 19%.

In addition, in connection with the Business Combination, Global Blue’s existing bank debt will be refinanced pursuant to a new bank credit facility.

Representations and Warranties

The parties to the Merger Agreement have made representations and warranties that are customary for transactions of this nature, including with respect to, among other things: (i) capitalization; (ii) noncontravention; (iii) compliance with laws (including with respect to permits and filings); (iv) government contracts; (v) financial statements; (vi) absence of undisclosed liabilities; (vii) litigation; (viii) taxes; (ix) environmental matters; (x) privacy; (xi) material contracts; (xii) indebtedness; (xiii) anti-bribery and anti-corruption; (xiv) international trade and sanctions; and (xv) customers and suppliers. The representations and warranties of the respective parties to the Merger Agreement will not survive the closing of the transaction, except in the case of intentional fraud. The parties to the Merger Agreement have put in place a representations and warranty insurance policy with a $100MM coverage limit on customary terms.

Covenants

The Merger Agreement includes customary covenants of the parties with respect to operation of their respective businesses prior to consummation of the Business Combination and efforts to satisfy conditions to consummation of the Business Combination. The Merger Agreement contains additional covenants of the parties, including, among others: (i) covenants providing that the parties use reasonable best efforts to obtain all necessary regulatory approvals, (ii) covenants providing that the parties cooperate with respect to the proxy statement to be filed in connection with the Business Combination, (iii) covenants providing that the parties shall take further actions as may be necessary, proper or advisable to consummate and make effective the Business Combination, (iv) a covenant of the Company to convene a meeting of the Company’s stockholders and to solicit proxies from its stockholders in favor of the approval of the Business Combination and other related stockholder proposals, and (v) covenants providing that the parties will not solicit, initiate, encourage or continue discussions with respect to any other Business Combination.

Conditions to the Consummation of the Transaction

Consummation of the transactions contemplated by the Merger Agreement is subject to customary closing conditions, including approval by the Company’s stockholders. The Merger Agreement also contains other conditions, including, among others: (i) the consummation of the PIPE Investment (as defined below), (ii) the Company having received concurrently with the consummation of the Business Combination the proceeds of loans under the Financing Agreement (as defined in the Merger Agreement) in an amount which is sufficient to repay all amounts due under the €710,000,000 senior facilities agreement dated July, 26 2012 (as amended and restated on 16 October 2017) between, inter alia, Global Blue Finance S.à r.l., as parent, Global Blue Acquisition B.V., as a borrower, and RBC Europe Limited, as agent and as security agent, (iii) New Global Blue and certain persons who will be shareholders of New Global Blue after closing having entered into a customary registration rights agreement and (iv) the New Global Blue common stock to be issued pursuant to the Merger Agreement having been approved for listing on the NYSE.

Termination

The Merger Agreement may be terminated at any time prior to the consummation of the Business Combination (whether before or after the required Company stockholder vote has been obtained) by written consent of the Company and GB Shareholders’ Representative and in certain other circumstances, including, but not limited to: (i) if the transactions have not been consummated by August 31, 2020 and the delay in closing beyond such date is not due to the breach of the Merger Agreement by the party seeking to terminate, (ii) a government entity of competent jurisdiction has issued an order or any other action which would prevent the consummation of the Merger, (iii) the Business Combination and other related proposals are not approved by the Company’s stockholders at the duly convened meeting of the Company’s stockholders and (iv) if the PCAOB Financial Statements (as defined in the Merger Agreement) have not been delivered to the Company on or prior to March 31, 2020.

A copy of the Merger Agreement will be filed by amendment on Form 8-K/A to this Current Report within four business days of the date hereof as Exhibit 2.1, and the foregoing description of the Merger Agreement is qualified in its entirety by reference thereto. The Merger Agreement contains representations, warranties and covenants that the respective parties made to each other as of the date of such agreement or other specific dates. The assertions embodied in those representations, warranties and covenants were made for purposes of the contract among the respective parties and are subject to important qualifications and limitations agreed to by the parties in connection with negotiating the Merger Agreement. The Merger Agreement will be filed to provide investors with information regarding its terms. It is not intended to provide any other factual information about the Company or any other party to the Merger Agreement. In particular, the representations, warranties, covenants and agreements contained in the Merger Agreement, which were made only for purposes of the Merger Agreement and as of specific dates, were solely for the benefit of the parties to the Merger Agreement, may be subject to limitations agreed upon by the contracting parties (including being qualified by confidential disclosures made for the purposes of allocating contractual risk between the parties to the Merger Agreement instead of establishing these matters as facts) and may be subject to standards of materiality applicable to the contracting parties that differ from those applicable to the Company’s investors and security holders. Company investors and security holders are not third-party beneficiaries under the Merger Agreement and should not rely on the representations, warranties, covenants and agreements, or any descriptions thereof, as characterizations of the actual state of facts or condition of any party to the Merger Agreement. Moreover, information concerning the subject matter of the representations and warranties may change after the date of the Merger Agreement, which subsequent information may or may not be fully reflected in the Company’s public disclosures.

Related Agreements

PIPE Subscription Agreements

Concurrently with the execution and delivery of the Merger Agreement, certain PIPE Investors (the “Primary PIPE Investors”) have entered into share subscription agreements pursuant to which the Primary PIPE Investors have committed (the “Primary PIPE Investment”) to subscribe for and purchase for an aggregate purchase price of $125MM ordinary shares of New Global Blue (at $10 per share). Additionally, an affiliate of Third Point and Ant Financial (the “Secondary PIPE Investors”) have entered into certain share purchase and contribution agreements pursuant to which the Secondary PIPE Investors have committed to purchase for an aggregate purchase price of $100MM and $125MM, respectively, ordinary shares of Global Blue (for $10 per share) from Globetrotter (and Cayman Holdings) and immediately contribute such Global Blue shares to New Global Blue for the subsequent issue of New Global Blue ordinary shares (together (including such contribution), the “Secondary PIPE Investment” and, together with the Primary PIPE Investment, the “PIPE Investment”). The PIPE Investment will be consummated concurrently with the closing.

Voting and Support Agreement

Concurrently with the execution of the Merger Agreement, the Company has entered into a Voting and Support Agreement (the “Voting and Support Agreement”) with Global Blue, Globetrotter, New Global Blue, the Founder and Third Point Ventures LLC, a Delaware limited liability company (the “TP Investor” and together with the Founder, the “FPAC Shareholders”) pursuant to, and on the terms and subject to the conditions of which, each FPAC Shareholder has unconditionally and irrevocably agreed among other things to vote its shares of the Company, and take certain other actions, in support of the Business Combination.

The Voting and Support Agreement will terminate with no further force and effect upon the earliest to occur of: (a) as to each FPAC Shareholder, the mutual written consent of Globetrotter and the FPAC Shareholders, (b) the Closing Date (following the performance of the obligations of the parties required to be performed on the Closing Date without modification, waiver or amendment) and (c) the date of termination of the Merger Agreement in accordance with its terms.

Founder Shares Surrender Agreement

In connection with the transactions contemplated by the Merger Agreement, the Company and the Founder have entered into a letter agreement with Globetrotter and New Global Blue (the “Founder Shares Surrender Agreement”). The Founder Shares Surrender Agreement provides that: (a) the Founder shall automatically irrevocably surrender to New Global Blue, for no consideration and as a deemed contribution to the capital of New Global Blue, 2,500,000 Class B Shares (such Class B Shares, the “Forfeited Securities”); and (b) New Global Blue shall immediately cancel the Forfeited Securities.

Relationship Agreement

Concurrently with the execution of the Merger Agreement, New Global Blue and certain persons who will be shareholders of New Global Blue have entered into the Relationship Agreement in order to regulate the relationship among such parties.

Shareholders Agreement

Concurrently with the execution of the Merger Agreement, New Global Blue and certain persons who will be shareholders of New Global Blue have entered in the Shareholders Agreement to regulate the relationship among the shareholders with respect to each other, in connection with New Global Blue.

Copies of the PIPE Investment Subscription Agreements, the Voting and Support Agreement, the Founder Shares Surrender Agreement, the Relationship Agreement and the Shareholders Agreement will be filed as exhibits hereto by amendment on Form 8-K/A to this Current Report within four business days of the date hereof, and the foregoing description of each thereof is qualified in its entirety by reference thereto.

Item 7.01 Regulation FD Disclosure.

The information in this Item 7.01, including Exhibit 99.1, Exhibit 99.2 and Exhibit 99.3, is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act), or otherwise subject to liabilities under that section, and shall not be deemed to be incorporated by reference into the filing of the Company under Securities Act or the Exchange Act, regardless of any general incorporation language in such filings.

One January 16, 2020, the Company and Global Blue issued a joint press release announcing the execution of the Merger Agreement and the transactions contemplated thereby. The press release is furnished as Exhibit 99.1 to this Current Report.

An Investor Presentation for use by the Company with certain of its stockholders and other persons with respect to the Business Combination is furnished as Exhibit 99.2 to this Current Report.

An Investor Presentation for use by the Company during a conference call for investors and analysts to be held on January 16, 2020 at 9:00 a.m. Eastern Time is furnished as Exhibit 99.3 to this Current Report.

No Offer or Solicitation

This communication is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and applicable Swiss and other European regulations. This communication is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, any jurisdiction in which such release, publication or distribution would be unlawful.

Forward-Looking Statements

This communication includes “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. When used herein, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Far Point’s or Global Blue’s management’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: the inability to complete the transactions contemplated by the proposed business combination; the inability to recognize the anticipated benefits of the proposed business combination; the ability to meet NYSE’s listing standards following the consummation of the transactions contemplated by the proposed business combination; costs related to the proposed business combination; Global Blue’s ability to execute on its plans; Global Blue’s estimates of the size of the markets for its solutions; Global Blue’s ability to identify and integrate acquisitions; the performance and security of Global Blue’s services; potential litigation involving Far Point or Global Blue; and general economic and market conditions impacting demand for Global Blue’s services. Other factors include the possibility that the transactions contemplated by the proposed business combination do not close, including due to the failure to receive required security holder approvals, or the failure of other closing conditions. Neither Far Point nor Global Blue undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Additional risks and uncertainties are identified and discussed in Far Point’s reports filed with the SEC and available at the SEC’s website at http://www.sec.gov.

Additional Information and Disclaimer

In connection with the business combination, New Global Blue intends to file with the SEC a registration statement on Form F-4 (the “Registration Statement”), which will include a preliminary proxy statement of Far Point and a prospectus in connection with the business combination. The definitive proxy statement and other relevant documents will be mailed to stockholders of Far Point as of a record date to be established for voting on the business combination. Stockholders of Far Point and other interested persons are advised to read, when available, the preliminary proxy statement/prospectus, and amendments thereto, and the definitive proxy statement/prospectus in connection with Far Point’s solicitation of proxies for the special meeting to be held to approve the business combination because these documents will contain important information about Far Point, Global Blue, and the business combination. Stockholders will also be able to obtain copies of the Registration Statement and the proxy statement/prospectus, without charge, by directing a request to: Far Point Acquisition Corporation, 18 West 18th Street, New York, NY 10011. These documents, once available, and Far Point’s annual and other reports and proxy statements filed with the SEC can also be obtained, without charge, at the SEC’s internet site (http://www.sec.gov).

Far Point, Global Blue and their respective directors, executive officers, other members of management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies from the stockholders of Far Point in connection with the business combination. Stockholders of Far Point and other interested persons may obtain more information regarding the names and interests in the proposed business combination of Far Point’s directors and officers in Far Point’s filings with the SEC, including Far Point’s Annual Report on Form 10-K for the year-ended December 31, 2018, which was filed with the SEC on March 29, 2019. Additional information regarding the interests of such potential participants in the solicitation process will also be included in the Registration Statement (and will be included in the definitive proxy statement/prospectus) and other relevant documents when they are filed with the SEC.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.


Exhibit No.		Description

99.1		Joint Press Release, dated as of January 16, 2020.

99.2		Investor Presentation.

99.3		Investor Call Presentation.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 16, 2020

Far Point Acquisition Corporation

/s/ Thomas W. Farley

Name: Thomas W. Farley

Title: Chief Executive Officer and President

Exhibit 99.1

Global Blue and Far Point Acquisition Corporation (NYSE: FPAC)

Announce Business Combination

•

Global Blue, a leading provider of Tax Free Shopping and payment solutions, to list on the New York Stock Exchange at the close of the transaction

•

Former NYSE President Thomas Farley, co-sponsor of Far Point, a special purpose acquisition company, to become Chairman of the combined company

•

Current Global Blue senior management, led by CEO Jacques Stern, to continue in their roles; existing Global Blue owners including leading technology investor Silver Lake to remain significant shareholders

•

Ant Financial Services Group, member of the Alibaba digital economy and operator of the world’s leading payment and lifestyle platform Alipay, to invest $125 million and accelerate strategic collaboration with the company

•

Third Point to lead a group of financial investors that have committed an additional $225 million, of which $100 million is from Third Point itself

•

Total of $350 million from Ant Financial and financial investors values the company at an enterprise valuation of €2.3 billion (approximately $2.6 billion)

•

Transaction expected to close during the second quarter of 2020

NEW YORK, NY and ZURICH, SWITZERLAND – January 16, 2020 – Global Blue, a leading strategic technology and payments partner empowering global merchants to capture the growth of international shoppers, today announced it will become a publicly traded company on the New York Stock Exchange through a merger with Far Point Acquisition Corporation (NYSE: FPAC), a special purpose acquisition company co-sponsored by the institutional asset manager Third Point LLC and former NYSE President Thomas W. Farley. Veteran public company executive and current Global Blue CEO Jacques Stern will continue to lead the company’s existing management team, and Mr. Farley will become Chairman of Global Blue. Current investors, including Silver Lake, the global leader in technology investing, will remain significant shareholders in the combined company. New investors, anchored by Ant Financial Services Group, a member of the Alibaba digital economy and operator of the world’s leading payment and lifestyle platform Alipay, and Third Point, have committed to invest a total of $350 million in the combined company at a €2.3 billion (approximately $2.6 billion) enterprise valuation in the form of a private placement. The new public company will be incorporated in Switzerland and will trade as Global Blue under ticker symbol NYSE: “GB” upon closing.

“Global Blue is the clear market leader in the attractive and growing Tax Free Shopping ecosystem worldwide,” said Mr. Farley. “The company has achieved remarkable progress in digitalization, geographic expansion and strategic value creation under Jacques’ leadership and the stewardship of its existing shareholders, including controlling shareholder Silver Lake, whose principals I have known personally and professionally for years. I look forward to working with Global Blue to capitalize on favorable trends in the business, including the growth of the emerging markets middle-class, positive VAT dynamics, and further digitalization.”

Jacques Stern, CEO of Global Blue, stated: “I am delighted about this collaboration with Far Point and Tom, as I believe it will help create long-term value for Global Blue and its shareholders. In recent years, we have built a true leader in our industry, powered by a cutting-edge integrated technology platform. We strongly believe that continued investment in innovation will bring value to all our partners and customers, and we look forward to accelerating our strategic collaboration with Ant Financial as a showcase of such innovation.”

Angel Zhao, President of Ant Financial’s International Business Group, commented: “Global Blue is an important partner for Ant Financial and the broader Alibaba ecosystem as we continue to deepen our globalization strategy. Alipay and our global e-wallet partners’ user bases, along with Global Blue’s extensive merchant and airport footprint across more than 50 countries, together creates significant potential to expand the relationship and introduce new technologies and services to the marketplace.”

Christian Lucas and Joe Osnoss, Managing Directors of Silver Lake, added: “This announcement is particularly gratifying since it unites Jacques, Tom and Alibaba/Ant Financial, important Silver Lake relationships spanning multiple continents and predating involvement in Global Blue. We and Partners Group thank the Global Blue management team for reaching this milestone and look forward to continuing as shareholders of the combined company.”

Daniel S. Loeb, CEO of Third Point, said: “Global Blue is well-positioned to continue to deliver excellent returns due to its integrated technology platform, high-quality customer base, and experienced strategic partners including Ant Financial and Silver Lake. Far Point evaluated numerous companies to capitalize, and Global Blue is exactly the type of high-quality, growing business we hoped to identify for our initial SPAC.”

Global Blue Highlights

Global Blue is a strategic technology and payments partner empowering global merchants to capture the growth of international shoppers, with two business lines:

•

Tax Free Shopping Technology Solutions: pioneer and global leader with a strong and comprehensive network, serving more than 300,000 merchant stores, enabling 13 million international shoppers to claim VAT refunds in 43 countries

•

Added-Value Payment Solutions: worldwide provider partnering with more than 50 merchant acquirers, enabling 16 million international travelers to benefit from a great payment experience at more than 150,000 points of interaction in 34 countries

During Global Blue’s fiscal year ended in March 2019, the company processed 64 million transactions for 29 million international shoppers. Strong macro trends have driven the company’s development over multiple years, including the growth of the emerging markets middle class, positive VAT dynamics and digitalization. Today, Global Blue has over 2,000 employees in 51 countries.

Global Blue possesses an attractive financial profile including a structural long-term growth trajectory, well-diversified business model, healthy profitability and strong cash flow generation. With more than €22.6 billion Sales in Store, Global Blue recorded revenues of more than €400 million and an adjusted EBITDA margin of more than 40% in the fiscal year ended in March 2019.

Key Transaction Terms

Far Point and new investors will invest a total of approximately $1.0 billion reflecting a total enterprise value of €2.3 billion (equivalent to approximately $2.6 billion) for Global Blue, which represents 12.1x the adjusted EBITDA expected for 2020/21 (i.e., fiscal year ending March 2021).

The transaction will be funded by the $650 million of cash held in trust by Far Point and additional investments from Ant Financial Services Group, Third Point LLC and several established strategic equity investors who together have committed to invest $350 million at closing through a private placement. Assuming no redemptions by Far Point’s public shareholders, the cash in trust and the proceeds of this private placement will be used primarily to pay existing Global Blue shareholders an amount of approximately $967 million cash consideration.

Assuming no redemptions by Far Point’s public shareholders, Global Blue shareholders would have a resulting 42% ownership stake in the pro-forma company while existing Far Point public shareholders would own 34%, cornerstone equity investors (including Third Point LLC and Ant Financial Services Group) would own 19%, and Far Point sponsors would own 6%. Global Blue will refinance all existing debt with an anticipated pro-forma Net Debt of 3.3x LTM March 2020 adjusted EBITDA, with an anticipated rapid deleveraging potential thereafter.

The transaction is expected to close during the second quarter of 2020 and is subject to approval by Far Point stockholders and other customary closing conditions, including regulatory approvals. The Boards of Directors of both Global Blue and Far Point have unanimously approved the contemplated transaction.

Investor conference call

For more information on this proposed transaction, investors may listen to a call jointly held by Far Point and Global Blue at 9:00am EST / 3:00pm CET on January 16, 2020. The call can be accessed by dialing +33 170750724 (France), +44 800 358 2049 (UK) or +1 (844) 307-9361 (US Toll Free) and using code 301308394.

Advisors

PJT Partners is acting as the lead financial advisor to Global Blue and its shareholders. Simpson Thacher & Bartlett LLP, Niederer Kraft Frey, and Kirkland & Ellis are acting as legal advisors to Global Blue and its shareholders.

Credit Suisse is acting as equity private placement agent, financial advisor and capital markets advisor to Far Point. BofA Securities is acting as financial advisor and capital markets advisor to Far Point. Morgan, Lewis & Bockius LLP is acting as legal advisor to Far Point, with BakerHostetler as legal advisor to Third Point.

BNP Paribas and Morgan Stanley are coordinators and active bookrunners on the senior debt financing for the combined company, with mandated lead arranger and bookrunner roles also for each of Royal Bank of Canada, Barclays, BofA Securities, Credit Suisse, and J.P. Morgan. Of the aforementioned financing banks, those not serving as financial advisors to Far Point are also serving as financial advisors to Global Blue and its shareholders.

About Global Blue

As the worldwide leader of the Tax Free Shopping industry for the last 40 years, with a global footprint spanning 51 countries and 300,000 merchants, Global Blue’s mission is to empower merchants to capture the full potential of international shoppers. The Group offers a seamless shopping and payment journey for tourists and also provides a wide range of Added-Value Payment Solutions for all the stakeholders involved, including retailers and international shoppers. The Company’s Tax Free Shopping business serves 13 million international shoppers and generates 85% while the Added-Value Payment business involves 16 million travelers and generates 15% of total revenue.

Every year, Global Blue connects worldwide 29 million international travelers and more than 200 payment providers and acquirers. Global Blue is headquartered in Switzerland and counts 2,000 employees worldwide. For more information, visit http://www.globalblue.com/corporate/

About Far Point

Far Point Acquisition Corporation (NYSE: FPAC) is a special purpose acquisition company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial technology industry. The company is co-sponsored by Third Point, a leading investment manager, and Thomas W. Farley. Far Point completed its initial public offering on the NYSE in June 2018, raising $632 million from investors.

About Third Point

Third Point is a New York-based global alternative investment firm managing approximately $15 billion in assets for public institutions, private entities and qualified individual clients. The firm was founded in 1995 by Daniel S. Loeb, who serves as Chief Executive Officer and oversees all investment activity. It employs a flexible, opportunistic investment style – one that seeks to identify situations with a recognizable catalyst which we anticipate will unlock value.

Forward Looking Statements

This press release includes “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Far Point’s or Global Blue’s management’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: the inability to complete the transactions contemplated by the proposed business combination; the inability to recognize the anticipated benefits of the proposed business combination; the ability to meet NYSE’s listing standards following the consummation of the transaction contemplated by the proposed business combination; costs related to the proposed business combination; Global Blue’s ability to execute on its plans; Global Blue’s estimates of the size of the markets for its solutions; Global Blue’s ability to identify and integrate acquisitions; the performance and security of Global Blue’s services; potential litigation involving Far Point or Global Blue; and general economic and market conditions impacting demand for Global Blue’s services. Other factors include the possibility that the proposed transaction does not close, including due to the failure to receive required security holder approvals, or the failure of other closing conditions. Neither Far Point nor Global Blue undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Non-GAAP Financial Measures

Adjusted EBITDA and adjusted EBITDA margin are non-GAAP financial measures that may be different from non-GAAP financial measures used by other companies. Adjusted EBITDA should not be construed as an alternative to net income as an indicator of operating performance or as an alternative to cash flow provided by operating activities as a measure of liquidity.

Additional Information About the Transaction

Global Blue Group Holding AG, a newly formed entity that will be the successor public entity of the transaction intends to file with the Securities and Exchange Commission (the “SEC”) a registration statement on Form F-4, which will include a preliminary proxy statement of Far Point and a prospectus. The definitive proxy statement and other relevant documents will be mailed to stockholders of Far Point as of a record date to be established for voting on the business combination. Stockholders of Far Point and other interested persons are advised to read, when available, the preliminary proxy statement, and amendments thereto, and the definitive proxy statement because these documents will contain important information about Far Point, Global Blue, and the business combination. Stockholders will also be able to obtain copies of the registration statement and the proxy statement/prospectus, without charge, by directing a request to: Far Point Acquisition Corporation, 18 West 18th Street, New York, NY 10011. These documents, once available, and Far Point’s annual and other reports filed with the SEC can also be obtained, without charge, at the SEC’s internet site (http://www.sec.gov).

Far Point, Global Blue and their respective directors, executive officers, other members of management and employees may be deemed to be participants in the solicitation of proxies from Far Point’s stockholders of the Company in connection with the business combination. Information regarding the names and interests in the proposed transaction of Far Point’s directors and officers is contained Far Point’s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2018, which was filed with the SEC on March 29, 2019. Additional information regarding the interests of such potential participants in the solicitation process will also be included in the registration statement (and will be included in the definitive proxy statement/prospectus) and other relevant documents when they are filed with the SEC.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Certain amounts related to the transaction described herein have been expressed in U.S. dollars for convenience and, when expressed in U.S. dollars in the future, such amounts may be different from those set forth herein.

Contacts – Investor inquiries

Far Point

contact@farpoint.ventures

Global Blue

Hacene BOUMENDJEL, Investor Relations Director, +41 (22) 3656890 — ir@globalblue.com

Contacts – Media inquiries

Far Point

contact@farpoint.ventures

Global Blue

Domitille PINTA, VP Communication, +33 (0) 6 11 07 52 90 — dpinta@globalblue.com

Hugues BOETON, Brunswick – Director, +33 (0) 6 79 99 27 15 — globalblue@brunswickgroup.com

Patricia GRAUE, Brunswick – Director, +1 (212) 333 3810 — globalblue@brunswickgroup.com

Third Point

Elissa DOYLE, Chief Communications Officer, +1 (212) 715 4907 – edoyle@thirdpoint.com

Exhibit 99.2

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TECHNOLOGY AND PAYMENTS PROVIDER EMPOWERING GLOBAL MERCHANTS January 2020

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Disclaimer This presentation (this “Presentation”) was prepared for informational purposes only to assist interested parties in making their own evaluation of the proposed transaction (the “Transaction”) between Far Point Acquisition Corporation (“FPAC”, “we”, or “our”) and Global Blue Group AG (“Global Blue”). This Presentation is for strategic discussion purposes only and does not constitute an offer to purchase nor a solicitation of an offer to sell shares of FPAC, Global Blue or any successor entity of the Transaction. This presentation is incomplete without reference to, and should be viewed solely in conjunction with, the oral briefing provided by FPAC. This Presentation is not intended to form the basis of any investment decision by the recipient and does not constitute investment, tax or legal advice. No representation, express or implied, is or will be given by FPAC, Global Blue or their respective affiliates and advisors as to the accuracy or completeness of the information contained herein, or any other written or oral information made available in the course of an evaluation of the Transaction. This Presentation and the oral briefing provided by FPAC or Global Blue may contain certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding FPAC’s, Global Blue’s on their management teams’ expectations, hopes, beliefs, intentions or strategies regarding the future. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward looking statements are based on FPAC’s and Global Blue’s current expectations and beliefs concerning future developments and their potential effects on FPAC, Global Blue or any successor entity of the Transaction. There can be no assurance that the future developments affecting FPAC, Global Blue or any successor entity of the Transaction will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond FPAC’s or Global Blue’s control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Except as required by law, FPAC and Global Blue are not undertaking any obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. All rights to the trademarks, copyrights, logos and other intellectual property listed herein belong to their respective owners and FPAC’s or Global Blue’s use thereof does not imply an affiliation with, or endorsement by the owners of such trademarks, copyrights, logos and other intellectual property. Solely for convenience, trademarks and trade names referred to in this presentation may appear with the ® or ™ symbols, but such references are not intended to indicate, in any way, that such names and logos are trademarks or registered trademarks of FPAC. This presentation contains statistical data, estimates and forecasts that have been provided by Global Blue and/or are based on independent industry publications or other publicly available information, as well as other information based on FPAC’s internal sources. This information involves many assumptions and limitations and you are cautioned not to give undue weight to these estimates. We have not independently verified the accuracy or completeness of the data that has been provided by Global Blue and/or contained in these industry publications and other publicly available information. Accordingly, none of FPAC, Global Blue nor their respective affiliates and advisors makes any representations as to the accuracy or completeness of these data. Certain amounts related to the transaction described herein have been expressed in U.S. dollars for convenience and, when expressed in U.S. dollars in the future, such amounts may be different from those set forth herein. Financial Information. The historic financial information respecting Global Blue contained in this Presentation has been taken from or prepared based on the historical audited financial statements of Global Blue, which have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as adopted by the EU, which are not materially different from IFRS as issued by the International Accounting Standards Board (“IASB”). An audit of such financial statements in accordance with the standards of the U.S. Public Company Accounting Oversight Board is in process and will be included in the registration statement/ proxy statement related to the Transaction. Non-GAAP Financial Measures. This presentation includes certain financial measures not prepared in accordance with IFRS, which constitute “non-GAAP financial measures” as defined by the rules of the U.S. Securities and Exchange Commission. These non-GAAP financial measures include: Adjusted EBITDA, Adjusted EBITDA Margin, Cash Flow Conversion, FCFE (Group Share), Adjusted EBIT, Unlevered Net Income, Adjusted Net Income, Adjusted Net Income (Group Share), Net Leverage and Adjusted Operating Expenses. FPAC has included these non-GAAP financial measures because it believes they provide an additional tool for investors to use in evaluating the financial performance and prospects of Global Blue or any successor entity of the Transaction. These non-GAAP financial measures should not be considered in isolation from, or as an alternative to, financial measures determined in accordance with IFRS. In addition, these non-GAAP financial measures may differ from non-GAAP financial measures with comparable names used by other companies. Note however, that to the extent forward-looking non-GAAP financial measures are provided herein, they are not reconciled to comparable historic IFRS measures due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation. Additional Information. In connection with the Transaction, Global Blue Group Holding AG, the intended successor entity in the Transaction, intends to file a Registration Statement on Form F-4, which will include a preliminary prospectus and preliminary proxy statement. FPAC will mail a definitive proxy statement/prospectus and other relevant documents to its stockholders. Investors and security holders of FPAC are advised to read, when available, the proxy statement/prospectus in connection with FPAC’s solicitation of proxies for its special meeting of stockholders to be held to approve the Transaction because the proxy statement/prospectus will contain important information about the Transaction and the parties thereto. The definitive proxy statement/prospectus will be mailed to stockholders of FPAC as of a record date to be established for voting on the Transaction. Stockholders will also be able to obtain copies of the proxy statement/prospectus, without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: Far Point Acquisition Corporation, 18 West 18th Street, New York, NY 10011. Participants in the Solicitation. FPAC, Global Blue and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of FPAC’s stockholders in connection with the Transaction. Investors and security holders may obtain more detailed information regarding the names and interests in the Transaction of FPAC’s directors and officers in FPAC’s filings with the SEC, including FPAC’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018, which was filed with the SEC on March 29, 2019, and such information and names of Global Blue’s directors and executive officers will also be in the Registration Statement on Form F-4 to be filed with the SEC by Global Blue Group Holding AG, the intended successor entity in the Transaction, which will include the proxy statement of FPAC for the Transaction. 2

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Today’s presenters Jacques Thomas Stern Farley Chief Officer Executive Chief Officer Executive 3

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Summary transaction overview TRANSACTION Far Point Acquisition Corporation (“FPAC”) is entering into a definitive agreement to combine with Global Blue AG (“Global Blue”) The post-closing public company will be incorporated in Switzerland, listed in NYSE, and maintain the Global Blue name DESCRIPTION The transaction is expected to close during the second quarter of 2020 Total enterprise value of €2.3B / $2.6B ($10.0 per share) – TEV/Adjusted EBITDA 2020/21E(2) of 12.1x PURCHASE PRICE(1) Existing Global Blue shareholders will be paid ~€870M in cash consideration and issued ~80M roll-over shares in Global Blue The transaction will be funded by a combination of FPAC cash held in trust account and cornerstone equity investments(3) FINANCING OF THE Cornerstone equity investors to commit €316M ($350M) before announcement of the deal (PIPE). Ant Financial, additional investors, and Third TRANSACTION(1) Point to invest $125M (€113M), $125M (€113M), and $100M (€90M), respectively Firm commitment from banks to refinance debt at closing for total value of €630M, with anticipated pro-forma Net Debt / LTM Adjusted EBITDA (Mar-2020E) of 3.3x PRO-FORMA Existing Global Blue shareholders: 42% ownership (1) Cornerstone equity investment (Ant Financial / additional investors / Third Point): 7% / 7% / 5% ownership OWNERSHIP FPAC founders: 6% ownership Jacques Stern will continue to serve as CEO and Loïc Jenouvrier will continue to serve as CFO for the combined Company GOVERNANCE Thomas Farley will serve as the Chairman Expected Board: 9 members (including GB CEO), of which majority are independents; 3 to be appointed by existing shareholders and 2 by FPAC Note: EUR/USD Exchange Rate 1.109. See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in 4 this presentation. (1) Assumes no redemption by FPAC’s existing public shareholders. (2) Global Blue fiscal year ends March 31, 2021. (3) Cornerstone equity investments to take the form of a PIPE. Source: Company Information (Global Blue).

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1. BUSINESS OVERVIEW 2. INVESTMENT HIGHLIGHTS 3. TRANSACTION OVERVIEW 4. APPENDIX 5

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A strategic technology and payments partner empowering merchants to capture the growth of international shoppers TAX FREE SHOPPING TECHNOLOGY SOLU SMART DATA & BUSINESS INTELLIGENCE INTERNATIONAL TARGETED MARKETING SOLUTIONS MERCHANTS SHOPPERS & INTELLIGENT SALES TECHNOLOGY TFS Merchant (1) Worldwide +300K Stores 20-30% Luxury Revenue ADDED-VA PAYMENT SOLUTIONS Note: (1) When limiting luxury revenue to that in Tax Free Shopping countries (instead of worldwide), international shoppers represent 40-50% of luxury revenue (company estimate based on a sample of merchants in Tax Free Shopping countries). 6 Source: Company Information (Global Blue).

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Global Blue at a glance Tax Free Shopping Technology Solutions (TFS) Added-Value Payment Solutions (AVPS) ~85% of revenue ~15% of revenue 13M 36M €18.2B 16M 28M €4.4B GB international GB transactions GB sales in store GB international GB transactions GB sales in store shoppers x (SiS) shoppers(1) (SiS) €70B €26B ~70% €455B €28B ~20% addressable addressed GB market addressable addressed GB market market(2) market(2) share(3) market(4) market(4) share(5) REVENUE ADJUSTED EBITDA ADJUSTED EBITDA MARGIN CASH FLOW CONVERSION(6) ~€430M ~€182M ~42% ~85% (2019/20E) (2019/20E) (2019/20E) (2019/20E) Note: Figures refer to the fiscal year ending 31 March 2019 (2018/19), except where noted. See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. (1) Company estimate, extrapolated from GB sample set; (2) Addressable market estimate refers to total eligible SiS (excluding cross-border TFS, government-run TFS schemes, ineligible transactions, and countries without VAT) as at 2018/19; addressed market refers to the sub-segment addressed by VAT refund operators, excluding SiS not issued and refunded and SiS related to in-house VAT refund merchants; (3) Estimated third-party serviced market share based on TFS SiS; (4) Addressable market estimate refers to addressable cross-border card spend on POS and ATM (excluding multi-currency processing market) as at 2018/19; addressed market reflects market-wide DCC penetration and acceptance rates; (5) Estimated market share based on DCC revenue; Global Blue AVPS SiS as percentage of the addressed market equals 16%. (6) PT UFCF (Pre-tax 7 unlevered free cash flow) divided by Adjusted EBITDA, where PT UFCF is defined as Adjusted EBITDA less capital expenditures and change in net working capital. Source: Company Information (Global Blue).

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Tax Free Shopping Technology Solutions A win-win value proposition for merchants, international shoppers, customs & authorities, and Global Blue INTERNATIONAL SHOPPER PURCHASE (including VAT) €1,200 CUSTOMS & MERCHANT REFUND AGENT €140 AUTHORITIES INTERNATIONAL SHOPPER VAT REFUND Purchase: €1,000 VAT: €200 VAT: €200 €30 MERCHANT Issuing Export Validation Refunding REVENUE (Tax free form) (Goods) (VAT) Payments Processing, Software Software €30 GLOBAL BLUE Software SOLUTIONS REVENUE Note: This overview is presented for illustrative purposes only and not as a representation of actual amounts involved in the TFS process. Actual amounts may vary depending on a number of factors, including the revenue share split set out in agreements with 8 merchants and market trends.

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Global Blue is the most comprehensive INTEGRATED NETWORK in its category KEY NETWORK FUNCTIONS BACK END FRONT END INTEGRATION INTEGRATION DATA WITH PAYMENT WITH POS & PSP AFFILIATION OF CONSUMER TECH-ENABLED AGGREGATION PROVIDERS NETWORK BRANDING PROCESSING & ANALYTICS v REVENUE GROWTH DRIVERS(2) CLIENTS NETWORK EXAMPLES CONSTITUENCIES INTERNATIONAL SHOPPERS Retailers Refund Agents / Payment Providers EMPLOYEE BENEFIT Employers Restaurants TRANSPORTATION Fleet Operators Petrol Stations 9

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1. BUSINESS OVERVIEW 2. INVESTMENT HIGHLIGHTS 3. TRANSACTION OVERVIEW 4. APPENDIX 10

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Investment highlights 1 2 3 4 5 POWERFUL MACRO CLEAR BUSINESS ATTRACTIVE INTERNATIONAL DRIVERS OF MARKET & STRATEGY TRANSACTION- MANAGEMENT TEAM GROWTH TECHNOLOGY CREATING VALUE BASED WITH RELEVANT LEADERSHIP BUSINESS MODEL EXPERTISE 11

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1 2 3 4 5 Strong macro driven historical growth expected to continue PROOF POINTS GROWTH DRIVER Next ~5 years expectation Arrivals of EM EMERGING MARKETS 97% EM middle class vs. TFS shoppers into Global +9% A transactions correlation(1) Blue’s markets CAGR(4) (5) 2.0x Success ratio increase in % of transactions B DIGITALIZATION digital vs. non-digital 54% to 89% countries digitally validated higher(2) 1.4x Luxury sales growth in VAT Countries adopting a >10 C VAT DYNAMICS refund vs. non-VAT refund countries VAT refund scheme additional faster(3) countries(6) Note: (1) R-squared of the regression between arrivals into Global Blue markets (implied by emerging markets middle class growth, based on a regression calculated between 2000/01 to 2018/19) and Global Blue TFS transactions, calculated between 2009/10 and 2018/19; (2) Calculated from 2009/10 to 2018/19, based on a consistent set of Global Blue countries with digital validation and non-digital validation at the start and end date of the calculation; (3) Extra-regional personal luxury market growth in countries with VAT refund schemes and countries without, 12 calculated from 2009/10 to 2018/19; (4) Forecast period is 2018/19 – 2024/25; (5) Forecast period is 2018/19 – 2021/22; (6) Subject to decisions of the respective governments, as such may or may not eventually occur. Source: Company Information (Global Blue).

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Global Blue’s clear competitive differentiation FULLY INTEGRATED PORTFOLIO OF ICONIC DEEP DOMAIN EXPERTISE GLOBAL LEADERSHIP IN-HOUSE TECHNOLOGY LUXURY BRANDS IN COMPLIANCE PLATFORM Longstanding relationships with iconic luxury brands >3x market share vs. next TFS competitor Low gross churn(2): -3% 40+ PSP integrations >40 (2) 200+ POS integrations 70% Positive net churn : +1% Tax free shopping market share in TFS(1) 17 customs integrations countries(3) where GB has Avg. tenure (years)(4): >20 deep regulatory know-how 13 payment partners 13 Note: Figures refer to 2018 / 19A. Fiscal year ending 31 March. (1) Estimated third-party serviced market share, based on TFS SiS; (2) Last 5 years average % SiS. (3) TFS countries where Global Blue currently operates. (4) Average tenure based on the top 20 merchants Source: Company Information (Global Blue).

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1 2 3 4 5 Business strategy creating value VOLUME GROWTH MANAGEMENT INITIATIVES MACRO DRIVERS TO BOOST VOLUME GROWTH VOLUME GROWTH TAX FREE SHOPPING ADDED-VALUE TECHNOLOGY PAYMENT DRIVERS EMERGING SOLUTIONS SOLUTIONS VAT DYNAMICS DIGITALIZATION MARKETS Increase penetration Increase DCC penetration Increase market share Cross-sell payment solutions Expand market E D REVENUE INTELLIGENCE MARKETING SALES EXPERIENCE GROWTH Open-eye advisory Data-driven solutions Techniques and technology Personalized customer to identify opportunities to increase footfall to convert footfall journey to enhance DRIVERS for growth to revenue performance STRATEGIC PARTNERSHIPS TO ENHANCE VALUE CREATION 14

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1 2 3 4 5 M&A strategy – potential opportunity GB IS WELL POSITIONED FOR STRATEGIC M&A AREAS OF POTENTIAL M&A dernization of the technology stack since new management 1 am arrival in 2015 enables Global Blue to on-board acquired mpanies and drive revenue and cost synergies Assist merchants with driving additional revenue 2 blic currency, achieved through merger with Far Point, creases the target list and structuring flexibility CONSUMER DIGITAL MARKETING obal Blue’s trusted position with ca. 400K high-quality stores Drive consumer footfall to merchant stores 3 d 29M International Shoppers enables provision of additional rvices over time TECHNOLOGY AND PAYMENTS AT POINT-OF-SALE cques Stern and Thomas Farley both have extensive public- Assist merchants with the digital checkout process 4 rket M&A experience executing and integrating highly cretive acquisitions totalling >$20B of transaction value ADDED VALUE PAYMENT SERVICES Assist businesses with managing payments complexity in their environments (e.g., hospitality, retail) 5 nagement and Board focus on financial discipline 15

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1 2 3 4 5 Powerful financial model delivering earnings growth and cash flow generation (2009/10 and 2018/19 – Fiscal years ended in March. The year 2018/19 refers to 1 April 2018 to 31 March 2019) GROWTH PROFITABILITY CASH FLOW CONVERSION EARNINGS POWER Revenue, €M Adjusted EBITDA, €M 2018/19 €M, 2018/19 Adjusted 100% EBITDA 23% 41% 139 409 margin % (15%) 85% +19% CAGR 170 (31) 108 160 36 Effective tax rate: 22-23% 2009/10 2018/19 (1) 2009/10 2018/19 Adjusted Capex & PT UFCF Adjusted EBIT Tax Unlevered Net EBITDA ÄNWC Income HIGH CASH FLOW EXCEPTIONAL TOTAL TRACK RECORD OF GROWTH OPERATING LEVERAGE CONVERSION SHAREHOLDER RETURNS Note: Fiscal year ending 31 March. Adjusted EBITDA defined as earnings before interest, taxes, depreciation and amortization, excluding other income and expense items that the Company considers as not related to ordinary business operations. PT UFCF (Pre-tax unlevered free cash flow) defined as Adjusted EBITDA less capital expenditures and change in net working capital; Unlevered net income defined as earnings before interest and taxes less unlevered tax expense, before deducting non-controlling interest. See “Non-GAAP Financial Measures” above in the Disclaimer a Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. (1) Adjusted EBIT defined as earnings before interest and taxes, excluding amortisation from purchase price allocation related to acquired assets, predominantly 16 related to the 2012 LBO. Source: Company Information (Global Blue).

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1 2 3 4 5 Well-diversified business INTERNATIONAL INTERNATIONAL MERCHANT SHOPPER’S ORIGIN SHOPPER’S BASE(2) DESTINATION HIGHLY DIVERSIFIED BUSINESS MODEL across destination markets, TFS SiS, % total TFS SiS, % total TFS Revenue, % total origin of international shoppers and merchants Other APAC 3% Merchant 1 5% Merchant 2 2% Other DM 17% Singapore 9% Merchant 3 2% 2% Merchant 4 Top 20 APAC Merchant 5 2% eveloped ~30% Merchants ~30% GCC markets Japan 17% 15% 8% 6-20 ~30% USA 6% STRATEGIC POSITION IN APAC Other EMEA enabling company to capture the growth in the region Other EM 14% 17% & Americas SEA & Spain 7% India 11% Emerging Germany 7% Russia 5% markets Europe(1) Other 72% ~70% Italy 13% ~70% EXPOSED TO EMERGING MARKETS China 40% UK 14% ~70% of TFS SiS generated by international shoppers from emerging markets France 14% Note: Figures refer to the financial year ending 31 March 2019 (2018/19) (1) Includes EMEA and Latin America (2) Refers to TFS revenue split by individual merchants 17 Source: Company Information (Global Blue).

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1 2 3 4 5 Reversion of growth to medium-term trend Fiscal years ended in March LAST 5 YEARS LAST 3 YEARS NOV-2019 YTD COMMENTARY 9% 8% Structural long-term growth SALES IN 5% underpinned by macro drivers STORE Last 2-3 years impacted by FX and geopolitical volatility 8% REVENUE 4% Business now back to solid growth for the last 8 months –-1% well on track to meet 2019/20E growth rate 10% 10% ADJUSTED EBITDA 1% Note: See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. 18 Source: Company Information (Global Blue).

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1 2 3 4 5 Reversion of growth to medium-term trend: 2019 Zoom-in Quarterly 2019 Revenue YoY Growth COMMENTARY Revenue growth across all quarters in 2019 is at / ahead of top-end of medium-term revenue guidance of 9% 3 – 6% 9% 8% Stronger growth during summer 6% shopping months 6% Strongest Black Friday in Global Blue history, though delayed vs. prior year (23-Nov-18 vs. 29-Nov-19) which implies that the majority of the positive impact will be recorded in December Q4 2018/19 Q1 2019/20 Q2 2019/20 Oct/Nov 2019 (3 months ending 31-Mar) (3 months ending 30-Jun) (3 months ending 30-Sept) (2 months ending 30-Nov) Continued good momentum in H2 2019/20, but less favourable comps effect 19 Source: Company Information (Global Blue).

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1 2 3 4 5 Outlook and medium term guidance (1/3) MEDIUM TERM GUIDANCE See detailed SiS forecast and revenue Fiscal years ended in March 2018/19A 2019/20E 2020/21E (3 YEARS: 2020/21E-2023/24E) growth guidance reconciliation in Appendix ~455 3-6% compounded annual revenue growth rate 431 ~445 Structural macro drivers leading to ~9% Sales in Store growth REVENUE ~2/3 of the delta between SiS and revenue CAGR driven by mix €M 409 effect The remaining ~1/3 of the delta is driven by competitive pressure Margin 41% 42% ~42% ~193 (1) >200bps Adjusted EBITDA margin expansion ADJUSTED 182 EBITDA 170 ~187 High profitability driven by economies of scale €M Significant operating leverage (60% of adjusted opex is fixed; details in appendix) Note: See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. (1) 2020/21E adjusted EBITDA does not include costs related to a US listing 20 Source: Company Information (Global Blue).

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1 2 3 4 5 Outlook and medium term guidance (2/3) MEDIUM TERM GUIDANCE Fiscal years ended in March 2018/19A 2019/20E 2020/21E (3 YEARS: 2020/21E-2023/24E) High-single digit adjusted net income (group share) growth ADJUSTED ~95 D&A to increase by ~€5M in 2021/22E, then to remain NET INCOME broadly flat (details in appendix) (GROUP SHARE(1)) As a part of the transaction, Global Blue is conducting a 81 81 refinancing of its capital structure; E+2.00% expected €M interest rate in 2020/21 supporting net income step-up Effective tax rate of ~24% ~90 Maintain a sustainable annual capex level of ~€32-35M FCFE(2) 73 73 Structurally neutral change in NWC with predictable intra-year (GROUP SHARE) seasonality €M Cash taxes broadly in line with adjusted P&L taxes Cash interest reflecting refinancing (per above) Note: See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. (1) Group Share refers to adjusted net income attributable to the shareholders, i.e. excluding minority interest. Minority increase mainly attributable to JV in Japan. (2) Free Cash Flow to Equity (FCFE) defined as EBITDA – Capex – Change in NWC – Cash Interest – Cash Tax – Dividends Paid to Non-controlling Interests – principal elements of lease payments. 21 Source: Company Information (Global Blue).

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1 2 3 4 5 Outlook and medium term guidance (3/3) MEDIUM TERM GUIDANCE Fiscal years ended in March 2019/20E 2020/21E (3 YEARS: 2020/21E-2023/24E) NET 3.3x LEVERAGE(1) <3.0x Net debt / adjusted EBITDA to below 2.5x (x) CAPITAL ~40 RETURN(2) Increase of absolute amount Not listed €M likely over time N/A Note: See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. (1) Defined as financial debt plus lease liabilities less cash, divided by EBITDA (2) In form of dividend and / or share buyback. Dividend declared in the year and paid in the following year. Capital return payment for fiscal year ending 31 March 2021 is expected to be paid September 2021. Source: Company Information (Global Blue).

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1 2 3 4 5 International management team with relevant expertise Average 10+ years at Global Blue(1) Jacques Stern Loïc Jenouvrier Chief Executive Officer Chief Financial Officer 4 4 Pier F. Nervini Laurent Delmas Greg Gelhaus Tomas Mostany Damian Cecci Fabio Ferreira Jeremy Taylor Europe North, Europe South APAC Tax Free Shopping Added-value Technology Operations Central and Global Technology Payment Solutions Accounts Solutions OPERATIONS MARKETS PRODUCTS & IT 16 3 5 17 16 4 20 J. Henderson-Ross Jorge Casal Legal New Markets, Public SUPPORT Affairs & Americas 5 21 X ears at Global Blue 23 Note: (1) Based on the average tenure of the executive committee (defined as the management team presented herein), including experience of acquired companies.

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1. BUSINESS OVERVIEW 2. INVESTMENT HIGHLIGHTS 3. TRANSACTION OVERVIEW 4. APPENDIX 24

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Global Blue + Far Point: a partnership to create lasting value Market leading technology and payments provider Formed to create a leading, public FinTech company empowering global merchants as a platform for future growth ~300,000 TFS merchant stores processing #1 GLOBAL TFS 1 PROVEN FINTECH ~€18B in Sales in Store PROVIDER EXPERIENCE +240 PSP/POS integrations and 13 FULLY INTEGRATED PARTNERSHIP payments partners on a single cloud- NETWORK & 2 WITH PREMIER based platform, built for scale PROCESSING PLATFORM ASSET MANAGER STRUCTURAL GROWTH ~$650M cash in trust plus ~$100M Structural growth tailwinds combined ~$750M OF CAPITAL AND HIGHLY 3 Third Point PIPE investment with best-in-class margins DELIVERED PROFITABLE commitment 25

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Detailed transaction overview (1/2) SOURCES AND USES CAPITALISATION OVERVIEW SOURCES €M $M €M xEBITDA FPAC cash in trust (1) 586 650 RCF (€100M undrawn) 0 0.0x Cornerstone equity investment—Ant Financial 113 125 Term loan 630 3.5x Cornerstone equity investment—Additional investors 113 125 Gross financial debt 630 3.5x Cornerstone equity investment—Third Point 90 100 New debt 630 699 Cash (76) (0.5x) Global Blue balance sheet cash 45 50 Net financial debt 554 3.0x Total sources 1,577 1,748 Lease liability 46 0.3x USES €M $M Net financial debt and leases (Mar-20E) 600 3.3x Cash to existing Global Blue shareholders 872 967 Equity 1,700 Existing debt refinancing 630 699 Total capitalisation 2,300 Estimated transaction fees and expenses 74 82 Total uses 1,577 1,748 LTM Adjusted EBITDA (Mar-20E) 182 Note: EUR/USD Exchange Rate 1.109. See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. Capitalisation is presented prior to the expected usage of 26 approximately €45M Global Blue cash to cover part of the fees related to the transaction. (1) Assumes no redemption by FPAC’s existing public shareholders. Source: Company Information (Global Blue).

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Detailed transaction overview (2/2) IMPLIED VALUATION POST-TRANSACTION OWNERSHIP (%) Founders VALUATION 6% (4) (1) Pro-forma shares outstanding (M) ~188 Shareholders Illustrative share price $10.0 / €9.0 39% Implied equity value €1,700 Net debt at closing 600 Public shareholders Existing shareholders 34% Implied total enterprise value €2,300 42% IMPLIED 2020/21E TRANSACTION MULTIPLES (2) TEV / EBITDA €190 12.1x (3) Additional 5% investors 7% Equity value / Net Income 95 17.9x 7% Cornerstone equity investors FCFE yield 90 5.3% 19% Note: EUR/USD Exchange Rate 1.109. Global Blue Fiscal year closing as of March 31. Pro forma for refinance of existing debt. See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. (1) Assumes no redemption by FPAC’s existing public shareholders. (2) Global Blue 2020/21E comparable to peers’ CY2020E financials. Based on mid-point of Company medium term guidance. (3) Total Third Point post-transaction ownership is 10% including Third Point cornerstone equity investment, public FPAC shares, and allocation of Far Point Founder shares. (4) Far Point Founders will (a) surrender 2.5M of its Founder Shares, which will be used as part of a new management incentive plan and (b) exchange an additional 2.5M of its Founder Shares into contingent shares, which will be earned 50% when the Combined Entity’s shares trades at or above $12.50 per share and 50% when the Combined Entity’s shares trade at or above $15.00 per 27 share. Source: Company Information (Global Blue).

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Global Blue peer group positioning POTENTIAL PEER SET INTEGRATED NETWORKS OTHER PAYMENTS NETWORK Core competency Some competency No competency END-TO-END SERVICE OFFERING DEEP MERCHANT RELATIONSHIPS PAYMENT PROCESSING EXPERTISE RICH CUSTOMER & MERCHANT DATA CAPEX-LIGHT MODEL 28

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Global Blue represents a unique and attractive investment opportunity at a compelling valuation TEV/EBITDA 2020E P/E 2020E FCFE YIELD 2020E 12.1x 17.9x 5.3% (1) (1) (1) Integrated Networks 16.4x Integrated Networks 23.2x Integrated Networks 3.7% (2) (2) (2) Other Payments 17.6x Other Payments 24.1x Other Payments 3.5% (3) (3) (3) Networks 24.3x Networks 31.3x Networks 2.8% Implied discount: Implied discount: Implied discount: 26% vs. Integrated Networks 23% vs. Integrated Networks 1.6 pp vs. Integrated Networks 31% vs. Other Payments 26% vs. Other Payments 1.8 pp vs. Other Payments 50% vs. Networks 43% vs. Networks 2.5 pp vs. Networks Note: Global Blue valued at TEV €2.3B and Equity Value of €1.7B. See “Non-GAAP Financial Measures” above in the Di d in this presentation. FY Mar-2021 for Global Blue 29 / CY2020 for peers; (1) Integrated Networks refers to median of: Amadeus, Edenred, Fleetcor and Wex; (2) Other Pay nd Visa. Source: Company Information (Global Blue), Capital IQ.

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1. BUSINESS OVERVIEW 2. INVESTMENT HIGHLIGHTS 3. TRANSACTION OVERVIEW 4. APPENDIX - Additional company materials 30

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VAT refund regulatory framework WHAT IS VAT & VAT REFUND SCHEME? PARAMETERS OF THE VAT REFUND SCHEME Eligible goods VAT: Value-added Tax is an indirect tax on the domestic consumption Specific list for each country of goods and services, except those that are zero-rated (such as food VAT Example of countries where alcohol or tobacco are not eligible and essential drugs) or are otherwise exempt (such as exports). for Tax Free Shopping: Czech Republic, Greece, Lithuania, Belgium, France, Morocco, Russia, Slovenia and South Korea VAT refund scheme: International shoppers can claim a refund on the VAT they have paid in destination countries on eligible goods while exiting the country/region of purchase(1) Eligible beneficiary Usually: All non-residents of the country/region Example of countries where domestic purchaser exporting goods are eligible to Tax Free Shopping: Japan/Australia VAT rate % Ranges between 15-25% in European countries(2) and 5-10% in Asian countries Minimum purchase amount Specific to each country France: €175.01, Italy: €154.95, Spain: €0, UK: £0, Japan: JPY 5,000 Note: (1) The EU VAT Directive also requires all EU member states to operate a VAT refund scheme for non-EU residents; A unanimous decision from all EU member states for any change to the EU VAT Directive; (2) The EU VAT Directive provides that each EU member state must 31 apply a standard VAT rate of at least 15% and there is no maximum rate that can be set. Source: Company information (Global Blue).

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Positive VAT dynamics are a strong driver of luxury sales growth INCREASING NUMBER OF COUNTRIES ARE ADOPTING VAT VAT REFUND COUNTRIES EXHIBIT HIGHER LUXURY SALES GROWTH Number of countries and territories with VAT Luxury market growth (CAGR 2009/10 – 2018/19) 180(1) ~10% +160 +3ppts 20 ~7% 1979/80 2018/19 ~5% INCREASING NUMBER OF COUNTRIES ARE ADOPTING VAT REFUND SCHEMES Number of countries operating a VAT refund scheme 73 +72 1 Domestic Non-TFS countries TFS countries Personal 1979/80 2018/19 Extra-regional luxury luxury Note: (1) Includes territories with different VAT rules than sovereign countries, that are counted as separate countries. 32 Source: Company information (Global Blue), OECD.

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Increasing VAT rates drive growth of TFS environment VAT EVOLUTION ACROSS MAJOR DESTINATION MARKETS 30% 25% DEVELOPMENTS Finland taly EUROPE 20% 77% of European OECD members Franc increased their VAT rate since 2006 etherlands ermany: 16%-19% (2007-2008) 15% Increased to 10% Germany Spain in 1 Oct. 2019 Spain: 16%-21% (2010-2013) UK aly: 20%-22% (2011-2015) 10% ingapore Japan stated intent to increase 5% VAT rate from 8% to 10% ASIA Japan from 1 October 2019 0% 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/99 1999/00 2000/01 2001/02 3 2002/0 2003/04 2004/05 2005/06 2006/0 7 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 33 Source: Company information (Global Blue).

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Additional countries may implement VAT refund schemes COUNTRIES LIKELY TO ADOPT VAT REFUND SCHEMES IN THE NEXT 5 YEARS(1) HIGH TO MEDIUM PROBABILITY MEDIUM TO LOW PROBABILITY Countries currently with no VAT or GST and no VAT refund scheme Kuwait Brazil USA Iran Countries currently with VAT or GST and no VAT refund scheme Peru Kazakhstan Chile Saudi Arabia Costa Rica India Canada Philippines Venezuela New Zealand Countries currently with VAT or GST and with VAT refund scheme managed by Serbia Indonesia (2) Colombia Sri Lanka Australia Azerbaijan Thailand the government Note: (1) Subject to decisions of the respective governments, as such may or may not eventually occur; (2) Global Blue supports Australia government scheme through back-office Tax Free Shopping processing. As such, Australia is included in both Global Blue countries and 34 government-run schemes. Source: Company information (Global Blue).

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Open-Eye advisory to identify opportunities for growth We use data to help merchants understand the international shopper opportunity BENCHMARK TAX FREE IDENTIFY INTERNATIONAL ADAPT PRODUCT ADAPT TACTICAL DECISIONS SHOPPING SOLUTIONS SHOPPER TRAFFIC OR ASSORTMENT TO LATEST BASED ON SHORT-TERM PERFORMANCE SPEND OPPORTUNITIES INTERNATIONAL TREND FUTURE OUTLOOK 35 Source: Company information.

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Macro drivers directly tied to Global Blue’s growth equation A EMERGING MARKETS TAX FREE SHOPPING ADDRESSABLE MARKET: €70B SALES IN STORE 0% international shoppers from merging markets A B C Average spend Success Ratio B VAT DYNAMICS Number of per trip Increasing number of VAT refund traveller trips (1) chemes and increasing rates & per shopper 39% currently Emerging market (EM): Purchasing power Awareness Middle class wealth growth in local currency DIGITALIZATION Ease of issuing, export C Developed countries: Extra-regional validation and refunding 4% of Global Blue GDP growth price differential(4) xport validations are digital(2) DIGITALIZATION DYNAMIC CURRENCY CONVER ADDRESSABLE MARKET: €455B SALES IN STORE D OF PAYMENTS D D Addressable % of merchants Acceptance Rate 7% of transactions are digital(3) digital payments offering DCC 28% currently(5) Note: Figures refer to 2018/19. (1) Presented on a transaction basis, which translates to 49% on a SiS basis; (2) SiS in countries with digital export validation as % of total Global Blue SiS; (3) Refers to percentage of payments that are electronic (non-cash); (4) Defined as the difference in retail price, of the same product, between the origin and destination country, before having the VAT, that is included in the destination country retail price, refunded; (5) Global Blue SiS acceptance rate calculated on SiS basis. 36 Source: Company Information (Global Blue), Euromonitor.

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Medium-term analysis – results per annum may differ (positively or negatively) SiS forecast and revenue growth guidance reconciliation Medium-term CAGR, % Success Ratio EM travel growth=9.0% improvement x DM GDP growth=2.5% Int’l shopper’s origin: x EM=70% Int’l shopper’s origin: 1.9 8.9 (0.5) DM=30% (1.0) 1.5 (1.4) 0.8 (1.0) (3.1) (1.5) 8.6 6.0 7.1 6.3 3.0 EM Growth DM Growth Implied Macro-driven Incremental SiS SiS Growth Merchant Mix Country Mix Pricing Revenue Growth SiS Growth Growth ~2/3 ~1/3 Guidance of the delta of the delta Mix Effect - Higher end of the guidance 37 Source: Company Information (Global Blue).

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Group cost structure drives operating leverage COST BREAKDOWN(1) (AS OF 2018/19) DEFINITIONS Adjusted operating costs indexed to 100 VARIABLE â–ª Issuing & Validation: Costs related to tax free form Issuing & Validation issuance and validation (Transactions) â–ª Acquiring: Costs related to financial processing business G&A 9% 20% Acquiring â–ª Refunding: Fee paid to agents and airports (Processing volumes) â–ª Processing: Transaction processing costs 9% â–ª Variable costs benefit from operating leverage Fixed Costs FIXED 60% Variable Total Costs â–ª Refunding / Processing: personnel costs Costs (2) 40% & Marketing: Cost of sales force â–ª Sales 59% â–ª Technology Operating Costs: Costs related to IT â–ª G&A: Includes management, product, finance, office Technology Refunding costs, etc. Operating Costs (VAT refund) â–ª Fixed costs generally evolve in line with or slightly above 12% 19% inflation Processing KEY TAKEAWAYS Adjusted (Transactions) 2% Strong operating leverage as a result EBITDA Sales & 41% Marketing Refunding of the cost base being ~60% fixed 18% Processing 8% 3% Variable costs tied to specific financial KPIs, () = Driver not simply Group revenue Source: Company Information (Global Blue). See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. 38 Note: (1) Calculated on the basis of adjusted operating expenses, i.e. operating expenses excluding D&A and other operating income and expenses (2) Adjusted operating expenses as a percentage of revenue.

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Well-invested business to support future growth Fiscal years ended in March 2014/15 2015/16 2016/17 2017/18 2018/19 OUTLOOK KEY TAKEAWAYS â–ª 2016/17 capex increase is driven by 33.4 introduction of innovation and 27.8 26.6 differentiation investments CAPEX €M 7.3 6.7 â–ª Capex expected to stay approximately at current level of ~€32-35M â–ª D&A (excl. IFRS 16) to increase by ~€5M p.a. in the next 3 years (up to 30.5 2021/22E) €15M depreciation D&A related to the right of use asset, as a result of the 15.2 €M(1) adoption of IFRS 16 â–ª D&A related to IFRS 16 right of use assets is expected to remain stable 15.3 11.9 6.6 8.5 5.2 Note: (1) Excludes the amortization of acquisition-related intangible assets 39 Source: Company Information (Global Blue).

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Adjusted EBIT to Adjusted net income (group share) bridge ADJUSTED EBIT TO ADJUSTED NET INCOME (GROUP SHARE) BRIDGE COMMENTARY 2018/19, €M 139.1 I Net finance costs include interest expenses related to I interest bearing debt, lease liabilities interest, net FX gain/loss, finance income and other finance expenses 110.4 II Adjusted tax rate of ~23% (28.7) II 85.4 III 80.8 III Mainly attributable to JV in Japan, a country that has the (25.1) potential to grow faster than the Group (4.5) KEY TAKEAWAYS Adjusted EBIT Net finance Adjusted PBT Adjusted Adjusted Net Minority Adjusted Net High Adjusted EBIT to Adjusted Net Income conversion costs Income Tax Income Interest Income driven by efficient organizational & capital structure (Group Share) As % of 34.0% 27.0% 20.9% 19.8% revenue Note: See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. 40 Source: Company Information (Global Blue).

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Resilient business performance during global financial crisis TRAVEL INDUSTRY LUXURY INDUSTRY GLOBAL BLUE Passenger revenue, rebased to 100(1) Personal luxury goods market, rebased to 100 TFS sales in store, rebased to 100(2) Reversion to the mean with SiS growth “catching up” when CAGR: CAGR: CAGR: the concerns diminish 0% 2% 17% 136 Global financial crisis Global financial crisis Global financial crisis Resilient during 105 downturns, with flat 100 100 100 YoY performance during financial crisis (8%) (16%) 92 100 (0%) 100 84 2008A 2009A 2010A 2008A 2009A 2010A 2008A 2009A 2010A Resilient performance during economic downturn with less compression vs. the travel & luxury markets, as well as a stronger reversion / “catch-up” growth thereafter Note: (1) Estimated revenue of the global passenger airline industry (2) Refers to calendar year (December year end) 41 Source: IATA, Altagamma, Company Information (Global Blue).

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FX impact felt instantly TOTAL UK TFS SIS DEVELOPMENT POST BREXIT REFERENDUM KEY TAKEAWAYS YoY growth ~18%(1) Brexit Referendum USD/GBP depreciation post Brexit 44% 43% referendum international shoppers’ TFS demand, 36% particularly for EM shoppers 28% TFS demand adjusts instantly to FX Brexit-driven GBP-depreciation 6% impacted demand on the same day Jun 2016 Jul 2016 Aug 2016 Sep 2016 Oct 2016 Note: (1) Refers to USD/GBP change between 23 June 2016 and 23 October 2016 42 Source: Company Information (Global Blue).

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Strong correlation between FX movements and SiS with high elasticity for Chinese Shoppers CHINESE DEMAND IS HIGHLY ELASTIC VIS-À-VIS FX MOVEMENTS RUSSIAN MACRO VOLATILITY RESULTING THOUGH STABLE AND GROWING AT ~10%(1) OVER THE LONGER-TERM IN LIMITED IMPACT DUE TO LOWER ELASTICITY Relationship between Chinese SiS in Eurozone and FX CNY/EUR Relationship between Russian SiS in Eurozone and FX RUB/EUR Chinese TFS SiS in Eurozone, YoY growth FX CNY/EUR, YoY growth Russian TFS SiS in Eurozone, YoY growth FX RUB/EUR, YoY growth 100% 30% 60% 40% Correlation = 0.92(2) Correlation = 0.94(3) +3.0 +1.3 Elasticity Elasticity 30% 20% 50% 15% 0% 0% 0% 0% (30%) (20%) (50%) (15%) (60%) (40%) Apr 2014 Feb 2015 Dec 2015 Oct 2016 Aug 2017 Jun 2018 Apr 2019 Apr 2014 Feb 2015 Dec 2015 Oct 2016 Aug 2017 Jun 2018 Apr 2019 Chinese SiS (YoY growth) % growth) FX CNY/EUR (YoY % change) change) Russian SiS (YoY grow % rowth) th) FX RUB/EUR (YoY % change) change) Note: (1) 5 year SiS 2013/14—2018/19 CAGR (2) Methodology: regression analysis using the least squares method between YoY change of FX and YoY change of SiS (CNY versus EUR, and Chinese SiS in the Eurozone) 43 (3) Methodology: regression analysis using the least squares method between YoY change of FX and YoY change of SiS (RUB versus EUR, and Russian SiS in the Eurozone); Source: Company Information (Global Blue).

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Dynamic Currency Conversion Solution A win-win value proposition for acquirers, merchants, international shoppers, and Global Blue INTERNATIONAL SHOPPER €10 ACQUIRER FEE PURCHASE International shopper International Issuing bank AMOUNT: prompted in local or shopper selects debits shopper home currency home currency in home currency £900 Currency decision: (1) €1,000 + €30 Fees FEES: €30 £900 / €1,000 €10 MERCHANT REVENUE Software Software Software €10 GLOBAL BLUE SOLUTION REVENUE Note: This overview is presented for illustrative purposes only and not as a representation of actual amounts involved in the DCC process. Actual amounts may vary depending on a number of factors, including the revenue share split set out in agreements with acquirer and merchants, 44 expected DCC acceptance rates and market trends. (1) FX fees charged by the issuing bank for the conversion of the £900 purchase amount is equal to or greater than the Global Blue dynamic currency conversion fees.

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Valuation of publicly traded comparables TEV / EBITDA P / E FCFE YIELD DIV. YIELD $B MCAP TEV CY2020 CY2020 CY2020 CY2020 Integrated Networks Amadeus 35.3 38.8 14.5x 24.0x 3.6% 2.1% Fleetcor 27.2 30.7 17.6x 22.3x 4.1% –Edenred 12.6 14.7 17.7x 30.5x 3.5% 2.6% Wex 9.4 12.0 15.1x 20.2x 3.8% – Median 16.4x 23.2x 3.7% 1.1% Other Payments FIS 86.6 105.9 17.3x 22.0x 3.2% 1.0% Fiserv 80.3 101.0 16.4x 23.5x 3.9% –Global Payments 55.6 63.8 18.2x 24.7x 4.1% 0.3% Worldline 13.2 13.5 18.0x 32.4x 3.2% 0.2% Median 17.6x 24.1x 3.5% 0.2% Networks Visa 409.2 419.3 22.7x 28.8x 2.8% 0.6% Mastercard 304.7 307.1 25.9x 33.9x 2.9% 0.5% Median 24.3x 31.3x 2.8% 0.6% 45 Source: Capital IQ.

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1. BUSINESS OVERVIEW 2. INVESTMENT HIGHLIGHTS 3. TRANSACTION OVERVIEW 4. APPENDIX - Financials and reconciliations 46

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Non-GAAP adjusted income statement FY ended in March, €M FY 2016/17A FY 2017/18A FY 2018/19A FH1 2018/19A FH1 2019/20A Revenue 417.9 420.0 409.0 208.7 226.5 Adjusted operating expenses (251.6) (250.4) (239.4) (119.9) (126.4) Adjusted EBITDA 166.2 169.6 169.6 88.9 100.1 Other depreciation and amortisation (8.5) (11.9) (30.5) (14.5) (17.7) Adjusted EBIT 157.8 157.7 139.1 74.4 82.4 Net finance costs (34.8) (32.1) (28.7) (15.9) (16.2) Adjusted profit before tax 123.0 125.6 110.4 58.5 66.2 Adjusted income tax (28.2) (28.4) (25.1) (13.2) (16.2) Adjusted profit for the period 94.7 97.1 85.4 45.3 50.0 Adjusted profit attributable to: Owners of the parent (also referred to as “Adjusted Net 91.8 93.4 80.8 42.3 46.2 Income Group Share”) Non-controlling interests 2.9 3.8 4.5 3.0 3.8 47 Source: Company Information (Global Blue).

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Reported IFRS income statement CONSOLIDATED INCOME STATEMENT FY ended in March, €M FY 2016/17A FY 2017/18A FY 2018/19A FH1 2018/19A FH1 2019/20A Total revenue 417.9 420.0 409.0 208.7 226.5 Operating expenses (338.8) (361.6) (354.4) (175.8) (190.5) Operating profit 79.0 58.4 54.6 32.9 35.9 Finance income 6.7 2.4 2.8 2.5 2.6 Finance costs (41.5) (34.5) (31.5) (18.3) (18.8) Net finance costs (34.8) (32.1) (28.7) (15.9) (16.2) Profit before tax 44.2 26.3 25.9 17.0 19.8 Income tax expense (15.6) (7.8) (18.0) (6.7) (8.6) Profit for the period 28.6 18.5 7.9 10.3 11.2 Profit attributable to: Owners of the parent (also referred to as “Net Income 25.7 14.7 3.4 7.4 7.4 Group Share”) Non-controlling interests 2.9 3.8 4.5 3.0 3.8 PERFORMANCE MEASURES RECONCILIATION FY ended in March, €M FY 2009/10A FY 2016/17A FY 2017/18A FY 2018/19A FH1 2018/19A FH1 2019/20A Operating profit 1.6 79.0 58.4 54.6 32.9 35.9 Other income and expenses 19.5 3.8 24.4 9.9 4.1 9.2 Amortisation of acquisition-related assets 11.3 74.9 74.8 74.6 37.4 37.2(1) Adjusted EBIT 32.4 157.8 157.7 139.1 74.4 82.4 Other depreciation and amortisation 3.9 8.5 11.9 30.5 14.5 17.7 Adjusted EBITDA 36.3 166.2 169.6 169.6 88.9 100.1 % Margin 22.7% 39.8% 40.4% 41.5% 42.6% 44.2% Source: Company Information (Global Blue). 48 Note: (1) Mainly related to exit preparation costs, which will no longer exist after FY2019/20, and share based payments.

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Balance sheet CONSOLIDATED STATEMENT OF FINANCIAL POSITION €M 3/31/2019 9/30/2019 €M 3/31/2019 9/30/2019 Attributable to the parents 75.1 80.3 Non-controlling interest 8.4 7.7 Total equity 83.5 87.9 Property, plant and equipment 56.2 53.8 Loans and borrowings 622.4 623.5 Intangible assets 695.6 663.0 Other long-term liabilities 39.2 39.0 Deferred income tax assets 14.0 17.1 Deferred income tax liabilities 49.4 41.8 Investments in associates and joint ventures 2.4 3.1 Post-employment benefits 5.1 5.3 Other non-current receivables 12.7 15.4 Provisions for other liabilities and charges 1.7 2.1 Non current assets 781.0 752.4 Non current liabilities 717.8 711.7 Trade receivables 249.3 377.1 Other current receivables 49.2 47.8 Trade payables 274.0 331.7 Income tax receivables 3.6 1.6 Other current liabilities 61.0 63.8 Prepaid expenses 15.0 11.4 Accrued liabilities 40.0 41.6 Cash and cash equivalents 104.1 75.1 Current income tax liabilities 26.0 28.7 Current assets 421.3 513.1 Current liabilities 401.0 465.9 Assets 1,202.3 1,265.5 Total equity and liabilities 1,202.3 1,265.5 49 Source: Company Information (Global Blue).

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Reconciliations (1/4) ADJUSTED OPERATING EXPENSES FY ended in March, €M FY 2016/17A FY 2017/18A FY 2018/19A FH1 2018/19A FH1 2019/20A Operating expenses (338.8) (361.6) (354.4) (175.8) (190.5) (1) Other income and expenses 3.8 24.4 9.9 4.1 9.2 Amortisation of acquisition-related assets 74.9 74.8 74.6 37.4 37.2 Other depreciation and amortisation 8.5 11.9 30.5 14.5 17.7 Adjusted operating expenses (251.6) (250.4) (239.4) 119.9 126.4 ADJUSTED INCOME TAX EXPENSE FY ended in March, €M FY 2016/17A FY 2017/18A FY 2018/19A FH1 2018/19A FH1 2019/20A Income tax expense (15.6) (7.8) (18.0) (6.7) (8.6) Deferred tax on amortisation of acquisition-related assets (15.1) (15.1) (15.1) (7.5) (7.5) Tax impact of other income and expense 2.5 (5.6) (2.8) 1.0 (0.1) Italian tax audit — 10.8 — Adjusted income tax expense (28.2) (28.4) (25.1) (13.2) (16.2) Source: Company Information (Global Blue). 50 Note: (1) Mainly related to SPAC costs, which will no longer exist after FY2019/20, and share based payments.

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Reconciliations (2/4) ADJUSTED PROFIT BEFORE TAX and ADJUSTED NET INCOME FY ended in March, €M FY 2016/17A FY 2017/18A FY 2018/19A FH1 2018/19A FH1 2019/20A Profit before tax 44.2 26.3 25.9 17.0 19.8(1) Other income and expenses 3.8 24.4 9.9 4.1 9.2 Amortisation of acquisition-related assets 74.9 74.8 74.6 37.4 37.2 Adjusted profit before tax 123.0 125.6 110.4 58.5 66.2 FY ended in March, €M FY 2016/17A FY 2017/18A FY 2018/19A FH1 2018/19A FH1 2019/20A Net Income (Group Share) 25.7 14.7 3.4 7.4 7.4 Other income and expenses 3.8 24.4 9.9 4.1 9.2 Amortisation of acquisition-related assets 74.9 74.8 74.6 37.4 37.2 Cum. tax effect of adjustments(3) (12.6) (20.6) (7.1) (6.6) (7.6) Adjusted net income (Group Share) 91.8 93.4 80.8 42.3 46.2 UNLEVERED NET INCOME FY ended in March, €M FY 2016/17A FY 2017/18A FY 2018/19A Operating profit 79.0 58.4 54.6 Other income and expenses 3.8 24.4 9.9 Amortisation of acquisition-related assets 74.9 74.8 74.6 Adjusted EBIT 157.8 157.7 139.1 Unlevered tax(2) (36.2) (35.7) (31.6) Unlevered net income 121.5 122.0 107.5 Source: Company Information (Global Blue). Note: (1) Exit preparation costs, which will no longer exist after FY2019/20, and share based payments. (2) Based on Effective Tax Rate calculated as Adjusted Income Tax divided Adjusted PBT. (3) Impact on tax expense from other income and expenses and amortisation of 51 acquisition-related assets

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Reconciliations (3/4) CASH FLOW SUMMARY FY ended in March, €M FY 2016/17A FY 2017/18A FY 2018/19A FH 1 2018/19A FH1 2019/20A Normal seasonal Adjusted EBITDA(1) 166.2 169.6 169.6 88.9 working capital 100.1 cash outflow driven by summer Capex (27.8) (26.6) (33.4) (13.9) peak shopping (14.4) period ï„NWC 10.9 (21.2) 7.3 (53.4) (62.9) PTUFCF 149.4 121.9 143.4 21.6 22.7 % Conversion (% Adjusted EBITDA) 89.8% 71.9% 84.6% N.M. N.M. Interest paid (34.9) (26.8) (24.5) (12.4) (12.1) Taxes paid (25.0) (24.7) (28.3) (15.6) (14.7) Principal elements of lease payments — (14.2) (7.0) (8.1) Dividends paid to non-controlling interests (3.6) (3.5) (3.9) (3.6) (4.8) FCFE (group share) 85.9 66.9 72.6 (17.1) (17.0) 52 Source: Company Information (Global Blue). (1) As reconciled on page 41

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Reconciliations (4/4) NET LEVERAGE FY ended in March, €M FY 2016/17A FY 2017/18A FY 2018/19A FH1 2018/19A FH1 2019/20A Cash and cash equivalents (111.7) (50.7) (104.1) N.A. (75.1) Non-current loans and borrowings 610.5 612.8 622.4 N.A. 623.5 Addback: Capitalized Financing Costs 19.5 17.2 13.4 N.A. 11.6 Exclude: IFRS 9 Impact 0.0 0.0 (5.8) N.A. (5.1) Current lease liabilities — 13.7 N.A. 13.7 Non-current lease liabilities — 32.4 N.A. 31.7 Net debt 518.3 579.3 572.0 N.A. 600.3 Adjusted EBITDA (on a rolling 12-month basis) 166.2 169.6 169.6 N.A. 180.8 Leverage ratio 3.1x 3.4x 3.4x N.A. 3.3x 53 Source: Company Information (Global Blue).

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Key risks relating to Global Blue We are subject to currency exchange rate risk in the conduct of our business, including commercial risk if certain currency zones become less attractive for inbound international shoppers. Our business is highly dependent on international travel, which may be adversely affected by regional or global circumstances or travel restrictions. Our business is dependent on the overall level of consumer spending, which is affected by general economic conditions and spending patterns. A decrease in VAT rates or changes in VAT or VAT refund policies in countries in which we operate could negatively affect our business. Changes in the regulatory environment, licencing requirements and government agreements could adversely affect our business. We must continually adapt and enhance our existing technology offerings and ensure continued resilience and uptime of our underlying technology platform to remain competitive in our industry. We operate in a competitive market and we may lose merchant accounts to our competitors. Our business may be adversely affected by disintermediation of TFS processes. Price harmonisation or convergence between destination markets and origin markets may adversely affect our business. The integrity, reliability and efficiency of our internal controls and procedures may not be guaranteed. We are subject to taxation in multiple jurisdictions, which is complex and often requires making subjective determinations subject to scrutiny by, and disagreements with, tax regulators. Adverse competition law rulings could restrict our ability to expand or to operate our business as we wish and could expose us to fines or other penalties. Our TFS business is dependent on our airport concessions and agreements with agents. We operate in emerging markets and are exposed to risks associated with operating in such markets. We may be adversely affected by risks associated with strategic arrangements or investments in joint ventures with third parties. Our business is subject to loss through physical disaster, data security breach, computer malfunction or sabotage. Our AVPS business relies on relationships with acquirers and on the involvement of card schemes. We are subject to counterparty risk and credit risk. We are subject to losses from fraud, theft and employee error. We may not be able to attract, integrate, manage and retain qualified personnel or key employees. We are subject to complex and stringent data protection and privacy laws and regulations in the jurisdictions in which we operate. Our business is subject to anti-money laundering, sanctions and anti-bribery regulation and related compliance costs and third-party risks. We are subject to risks relating to intellectual property. Litigation or investigations involving us could result in material settlements, fines or penalties and may adversely affect our business, financial condition and results of operations As reported on the French Competition Authority (FCA) website, on November 28, 2019, representatives of the FCA carried out unannounced inspections of companies in the VAT refund services sector in Paris, including Global Blue. Documents were collected and taken in connection with an investigation, in respect of which Global Blue is fully co-operating. The investigation is solely linked to suspected anti-competition breaches in France (which represents 7.6% of Global Blue’s total Oct-19 LTM revenue) and, as stated by the FCA, such investigation does not pre-suppose the existence of a breach of law. Global Blue has lodged at court a right to appeal against the decision by the FCA to launch the investigation. Further information will be provided as and when available 54

Exhibit 99.3

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TECHNOLOGY AND PAYMENTS PROVIDER EMPOWERING GLOBAL MERCHANTS January 2020

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Today’s presenters Jacques Thomas Stern Farley Chief Officer Executive Chief Officer Executive 3

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Summary transaction overview TRANSACTION • Far Point Acquisition Corporation (“FPAC”) is entering into a definitive agreement to combine with Global Blue AG (“Global Blue”) • The post-closing public company will be incorporated in Switzerland, listed in NYSE, and maintain the Global Blue name DESCRIPTION • The transaction is expected to close during the second quarter of 2020 • Total enterprise value of €2.3B / $2.6B ($10.0 per share) – TEV/Adjusted EBITDA 2020/21E(2) of 12.1x PURCHASE PRICE(1) • Existing Global Blue shareholders will be paid ~€870M in cash consideration and issued ~80M roll-over shares in Global Blue • The transaction will be funded by a combination of FPAC cash held in trust account and cornerstone equity investments(3) FINANCING OF THE • Cornerstone equity investors to commit €316M ($350M) before announcement of the deal (PIPE). Ant Financial, additional investors, and Third TRANSACTION(1) Point to invest $125M (€113M), $125M (€113M), and $100M (€90M), respectively • Firm commitment from banks to refinance debt at closing for total value of €630M, with anticipated pro-forma Net Debt / LTM Adjusted EBITDA (Mar-2020E) of 3.3x PRO-FORMA • Existing Global Blue shareholders: 42% ownership (1) • Cornerstone equity investment (Ant Financial / additional investors / Third Point): 7% / 7% / 5% ownership OWNERSHIP • FPAC founders: 6% ownership • Jacques Stern will continue to serve as CEO and Loïc Jenouvrier will continue to serve as CFO for the combined Company GOVERNANCE • Thomas Farley will serve as the Chairman • Expected Board: 9 members (including GB CEO), of which majority are independents; 3 to be appointed by existing shareholders and 2 by FPAC Note: EUR/USD Exchange Rate 1.109. See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in 4 this presentation. (1) Assumes no redemption by FPAC’s existing public shareholders. (2) Global Blue fiscal year ends March 31, 2021. (3) Cornerstone equity investments to take the form of a PIPE. Source: Company Information (Global Blue).

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Global Blue at a glance Tax Free Shopping Technology Solutions (TFS) Added-Value Payment Solutions (AVPS) ~85% of revenue ~15% of revenue 13M 36M 16M 28M GB international GB transactions GB international GB transactions shoppers x shoppers(1) €18.2B ~70% €4.4B ~20% GB sales in store (SiS) GB market share(2) GB sales in store (SiS) GB market share(3) REVENUE ADJUSTED EBITDA ADJUSTED EBITDA MARGIN CASH FLOW CONVERSION(4) ~€430M ~€182M ~42% ~85% (2019/20E) (2019/20E) (2019/20E) (2019/20E) Note: Figures refer to the fiscal year ending 31 March 2019 (2018/19), except where noted. See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. (1) Company estimate, extrapolated from GB sample set; (2) Estimated third-party serviced market share based on TFS SiS; (3) Estimated market share based on DCC revenue; (4) PT UFCF (Pre-tax unlevered free cash flow) divided by Adjusted EBITDA, where PT UFCF is defined as Adjusted 6 EBITDA less capital expenditures and change in net working capital. Source: Company Information (Global Blue).

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Strong macro driven historical growth expected to continue PROOF POINTS GROWTH DRIVER Next ~5 years expectation Arrivals of EM EMERGING MARKETS 97% EM middle class vs. TFS shoppers into Global +9% A transactions correlation(1) Blue’s markets CAGR(4) (5) 2.0x Success ratio increase in % of transactions B DIGITALIZATION digital vs. non-digital 54% to 89% countries digitally validated higher(2) 1.4x Luxury sales growth in VAT Countries adopting a >10 C VAT DYNAMICS refund vs. non-VAT refund countries VAT refund scheme additional faster(3) countries(6) Note: (1) R-squared of the regression between arrivals into Global Blue markets (implied by emerging markets middle class growth, based on a regression calculated between 2000/01 to 2018/19) and Global Blue TFS transactions, calculated between 2009/10 and 2018/19; (2) Calculated from 2009/10 to 2018/19, based on a consistent set of Global Blue countries with digital validation and non-digital validation at the start and end date of the calculation; (3) Extra-regional personal luxury market growth in countries with VAT refund schemes and countries without, 7 calculated from 2009/10 to 2018/19; (4) Forecast period is 2018/19 – 2024/25; (5) Forecast period is 2018/19 – 2021/22; (6) Subject to decisions of the respective governments, as such may or may not eventually occur. Source: Company Information (Global Blue).

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Global Blue’s clear competitive differentiation FULLY INTEGRATED PORTFOLIO OF ICONIC DEEP DOMAIN EXPERTISE GLOBAL LEADERSHIP IN-HOUSE TECHNOLOGY LUXURY BRANDS IN COMPLIANCE PLATFORM Longstanding relationships with iconic luxury brands >3x market share vs. next TFS competitor Low gross churn(2): -3% 40+ PSP integrations >40 (2) 200+ POS integrations 70% Positive net churn : +1% Tax free shopping market share in TFS(1) 17 customs integrations countries(3) where GB has Avg. tenure (years)(4): >20 deep regulatory know-how 13 payment partners 8 Note: Figures refer to 2018 / 19A. Fiscal year ending 31 March. (1) Estimated third-party serviced market share, based on TFS SiS; (2) Last 5 years average % SiS. (3) TFS countries where Global Blue currently operates. (4) Average tenure based on the top 20 merchants Source: Company Information (Global Blue).

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Business strategy creating value VOLUME GROWTH VOLUME GROWTH MACRO FACTORS MANAGEMENT INITIATIVES DIGITALIZATION INNOVATION TO PUBLIC AFFAIRS EMERGING VAT DYNAMICS DIGITALIZATION TO INCREASE INCREASE TO EXPAND MARKETS PENETRATION MARKET SHARE MARKET REVENUE GROWTH M&A TECHNOLOGY CONSUMER AND ADDED VALUE INFORMATION INTELLIGENCE MARKETING SALES EXPERIENCE DIGITAL PAYMENTS AT PAYMENT SERVICES MARKETING POINT-OF- SERVICES SALE STRATEGIC PARTNERSHIPS TO ENHANCE VALUE CREATION 9

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Powerful financial model delivering earnings growth and cash flow generation (2009/10 and 2018/19 – Fiscal years ended in March. The year 2018/19 refers to 1 April 2018 to 31 March 2019) GROWTH PROFITABILITY CASH FLOW CONVERSION EARNINGS POWER Revenue, €M Adjusted EBITDA, €M 2018/19 €M, 2018/19 Adjusted 100% EBITDA 23% 41% 139 409 margin % (15%) 85% +19% CAGR 170 (31) 108 160 36 Effective tax rate: 22-23% 2009/10 2018/19 (1) 2009/10 2018/19 Adjusted Capex & PT UFCF Adjusted EBIT Tax Unlevered Net EBITDA ÄNWC Income HIGH CASH FLOW EXCEPTIONAL TOTAL TRACK RECORD OF GROWTH OPERATING LEVERAGE CONVERSION SHAREHOLDER RETURNS Note: Fiscal year ending 31 March. Adjusted EBITDA defined as earnings before interest, taxes, depreciation and amortization, excluding other income and expense items that the Company considers as not related to ordinary business operations. PT UFCF (Pre-tax unlevered free cash flow) defined as Adjusted EBITDA less capital expenditures and change in net working capital; Unlevered net income defined as earnings before interest and taxes less unlevered tax expense, before deducting non-controlling interest. See “Non-GAAP Financial Measures” above in the Disclaimer a Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. (1) Adjusted EBIT defined as earnings before interest and taxes, excluding amortisation from purchase price allocation related to acquired assets, predominantly 10 related to the 2012 LBO. Source: Company Information (Global Blue).

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Medium-term objectives REVENUE CAGR 3-6% compounded annual growth rate ADJUSTED EBITDA MARGIN >200bps Adjusted EBITDA margin expansion over the medium-term CLEAN EPS CAGR(1) High-single digit growth from fiscal year ending 31 March 2021 onwards NET LEVERAGE Rapid deleveraging to below 2.5x Net debt / Adjusted EBITDA (2) €40M in September 2021 on fiscal year ending 31 March 2021, increase of absolute amount Capital Return likely over time Note: See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. (1) Clean EPS is based on Adjusted Net Income (Group Share). (2) In form of dividend and / or share buyback. 11 Source: Company Information (Global Blue).

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Global Blue represents a unique and attractive investment opportunity at a compelling valuation TEV/EBITDA 2020E P/E 2020E FCFE YIELD 2020E 12.1x 17.9x 5.3% (1) (1) (1) Integrated Networks 16.4x Integrated Networks 23.2x Integrated Networks 3.7% (2) (2) (2) Other Payments 17.6x Other Payments 24.1x Other Payments 3.5% (3) (3) (3) Networks 24.3x Networks 31.3x Networks 2.8% Implied discount: Implied discount: Implied discount: • 26% vs. Integrated Networks • 23% vs. Integrated Networks • 1.6 pp vs. Integrated Networks • 31% vs. Other Payments • 26% vs. Other Payments • 1.8 pp vs. Other Payments • 50% vs. Networks • 43% vs. Networks • 2.5 pp vs. Networks Note: Global Blue valued at TEV €2.3B and Equity Value of €1.7B. See “Non-GAAP Financial Measures” above in the Di d in this presentation. FY Mar-2021 for Global Blue / CY2020 for peers; 13 (1) Integrated Networks refers to median of: Amadeus, Edenred, Fleetcor and Wex; (2) Other Payments refers to med mpany Information (Global Blue), Capital IQ.

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Investment highlights 1 2 3 4 5 6 POWERFUL CLEAR BUSINESS ATTRACTIVE INTERNATIONAL COMPELLING MACRO DRIVERS MARKET & STRATEGY TRANSACTION- MANAGEMENT VALUATION OF GROWTH TECHNOLOGY CREATING BASED TEAM WITH RELATIVE TO LEADERSHIP VALUE BUSINESS RELEVANT PUBLIC PEERS MODEL EXPERTISE 14

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â–ª APPENDIX - Detailed transaction overview 15

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Detailed transaction overview (1/2) IMPLIED VALUATION POST-TRANSACTION OWNERSHIP (%) Founders VALUATION 6% (4) (1) Pro-forma shares outstanding (M) ~188 Shareholders Illustrative share price $10.0 / €9.0 39% Implied equity value €1,700 Net debt at closing 600 Public shareholders Existing shareholders 34% Implied total enterprise value €2,300 42% IMPLIED 2020/21E TRANSACTION MULTIPLES (2) TEV / EBITDA €190 12.1x (3) Additional 5% investors 7% Equity value / Net Income 95 17.9x 7% Cornerstone equity investors FCFE yield 90 5.3% 19% Note: EUR/USD Exchange Rate 1.109. Global Blue Fiscal year closing as of March 31. Pro forma for refinance of existing debt. See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. (1) Assumes no redemption by FPAC’s existing public shareholders. (2) Global Blue 2020/21E comparable to peers’ CY2020E financials. Based on mid-point of Company medium term guidance. (3) Total Third Point post-transaction ownership is 10% including Third Point cornerstone equity investment, public FPAC shares, and allocation of Far Point Founder shares. (4) Far Point Founders will (a) surrender 2.5M of its Founder Shares, which will be used as part of a new management incentive plan and (b) exchange an additional 2.5M of its Founder Shares into contingent shares, which will be earned 50% when the Combined Entity’s shares trades at or above $12.50 per share and 50% when the Combined Entity’s shares trade at or above $15.00 per 16 share. Source: Company Information (Global Blue).

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Detailed transaction overview (2/2) SOURCES AND USES CAPITALISATION OVERVIEW SOURCES €M $M €M xEBITDA FPAC cash in trust (1) 586 650 RCF (€100M undrawn) 0 0.0x Cornerstone equity investment—Ant Financial 113 125 Term loan 630 3.5x Cornerstone equity investment—Additional investors 113 125 Gross financial debt 630 3.5x Cornerstone equity investment—Third Point 90 100 New debt 630 699 Cash (76) (0.5x) Global Blue balance sheet cash 45 50 Net financial debt 554 3.0x Total sources 1,577 1,748 Lease liability 46 0.3x USES €M $M Net financial debt and leases (Mar-20E) 600 3.3x Cash to existing Global Blue shareholders 872 967 Equity 1,700 Existing debt refinancing 630 699 Total capitalisation 2,300 Estimated transaction fees and expenses 74 82 Total uses 1,577 1,748 LTM Adjusted EBITDA (Mar-20E) 182 Note: EUR/USD Exchange Rate 1.109. See “Non-GAAP Financial Measures” above in the Disclaimer and Appendix for further information and a reconciliation of all historic non-GAAP financial measures included in this presentation. Capitalisation is presented prior to the expected usage of 17 approximately €45M Global Blue cash to cover part of the fees related to the transaction. (1) Assumes no redemption by FPAC’s existing public shareholders. Source: Company Information (Global Blue).

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â–ª APPENDIX - Financials and reconciliations 18

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Reported IFRS income statement CONSOLIDATED INCOME STATEMENT FY ended in March, €M FY 2016/17A FY 2017/18A FY 2018/19A FH1 2018/19A FH1 2019/20A Total revenue 417.9 420.0 409.0 208.7 226.5 Operating expenses (338.8) (361.6) (354.4) (175.8) (190.5) Operating profit 79.0 58.4 54.6 32.9 35.9 Finance income 6.7 2.4 2.8 2.5 2.6 Finance costs (41.5) (34.5) (31.5) (18.3) (18.8) Net finance costs (34.8) (32.1) (28.7) (15.9) (16.2) Profit before tax 44.2 26.3 25.9 17.0 19.8 Income tax expense (15.6) (7.8) (18.0) (6.7) (8.6) Profit for the period 28.6 18.5 7.9 10.3 11.2 Profit attributable to: Owners of the parent (also referred to as “Net Income 25.7 14.7 3.4 7.4 7.4 Group Share”) Non-controlling interests 2.9 3.8 4.5 3.0 3.8 PERFORMANCE MEASURES RECONCILIATION FY ended in March, €M FY 2009/10A FY 2016/17A FY 2017/18A FY 2018/19A FH1 2018/19A FH1 2019/20A Operating profit 1.6 79.0 58.4 54.6 32.9 35.9 Other income and expenses 19.5 3.8 24.4 9.9 4.1 9.2 Amortisation of acquisition-related assets 11.3 74.9 74.8 74.6 37.4 37.2(1) Adjusted EBIT 32.4 157.8 157.7 139.1 74.4 82.4 Other depreciation and amortisation 3.9 8.5 11.9 30.5 14.5 17.7 Adjusted EBITDA 36.3 166.2 169.6 169.6 88.9 100.1 % Margin 22.7% 39.8% 40.4% 41.5% 42.6% 44.2% Source: Company Information (Global Blue). 20 Note: (1) Mainly related to exit preparation costs, which will no longer exist after FY2019/20, and share based payments.

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Reconciliations (1/4) ADJUSTED OPERATING EXPENSES FY ended in March, €M FY 2016/17A FY 2017/18A FY 2018/19A FH1 2018/19A FH1 2019/20A Operating expenses (338.8) (361.6) (354.4) (175.8) (190.5) (1) Other income and expenses 3.8 24.4 9.9 4.1 9.2 Amortisation of acquisition-related assets 74.9 74.8 74.6 37.4 37.2 Other depreciation and amortisation 8.5 11.9 30.5 14.5 17.7 Adjusted operating expenses (251.6) (250.4) (239.4) 119.9 126.4 ADJUSTED INCOME TAX EXPENSE FY ended in March, €M FY 2016/17A FY 2017/18A FY 2018/19A FH1 2018/19A FH1 2019/20A Income tax expense (15.6) (7.8) (18.0) (6.7) (8.6) Deferred tax on amortisation of acquisition-related assets (15.1) (15.1) (15.1) (7.5) (7.5) Tax impact of other income and expense 2.5 (5.6) (2.8) 1.0 (0.1) Italian tax audit — 10.8 — Adjusted income tax expense (28.2) (28.4) (25.1) (13.2) (16.2) Source: Company Information (Global Blue). 22 Note: (1) Mainly related to SPAC costs, which will no longer exist after FY2019/20, and share based payments.

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Reconciliations (3/4) CASH FLOW SUMMARY FY ended in March, €M FY 2016/17A FY 2017/18A FY 2018/19A FH 1 2018/19A FH1 2019/20A Normal seasonal Adjusted EBITDA(1) 166.2 169.6 169.6 88.9 working capital 100.1 cash outflow driven by summer Capex (27.8) (26.6) (33.4) (13.9) peak shopping (14.4) period ï„NWC 10.9 (21.2) 7.3 (53.4) (62.9) PTUFCF 149.4 121.9 143.4 21.6 22.7 % Conversion (% Adjusted EBITDA) 89.8% 71.9% 84.6% N.M. N.M. Interest paid (34.9) (26.8) (24.5) (12.4) (12.1) Taxes paid (25.0) (24.7) (28.3) (15.6) (14.7) Principal elements of lease payments — (14.2) (7.0) (8.1) Dividends paid to non-controlling interests (3.6) (3.5) (3.9) (3.6) (4.8) FCFE (group share) 85.9 66.9 72.6 (17.1) (17.0) 24 Source: Company Information (Global Blue). (1) As reconciled on page 41

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Key risks relating to Global Blue • We are subject to currency exchange rate risk in the conduct of our business, including commercial risk if certain currency zones become less attractive for inbound international shoppers. • Our business is highly dependent on international travel, which may be adversely affected by regional or global circumstances or travel restrictions. • Our business is dependent on the overall level of consumer spending, which is affected by general economic conditions and spending patterns. • A decrease in VAT rates or changes in VAT or VAT refund policies in countries in which we operate could negatively affect our business. • Changes in the regulatory environment, licencing requirements and government agreements could adversely affect our business. • We must continually adapt and enhance our existing technology offerings and ensure continued resilience and uptime of our underlying technology platform to remain competitive in our industry. • We operate in a competitive market and we may lose merchant accounts to our competitors. • Our business may be adversely affected by disintermediation of TFS processes. • Price harmonisation or convergence between destination markets and origin markets may adversely affect our business. • The integrity, reliability and efficiency of our internal controls and procedures may not be guaranteed. • We are subject to taxation in multiple jurisdictions, which is complex and often requires making subjective determinations subject to scrutiny by, and disagreements with, tax regulators. • Adverse competition law rulings could restrict our ability to expand or to operate our business as we wish and could expose us to fines or other penalties. • Our TFS business is dependent on our airport concessions and agreements with agents. • We operate in emerging markets and are exposed to risks associated with operating in such markets. • We may be adversely affected by risks associated with strategic arrangements or investments in joint ventures with third parties. • Our business is subject to loss through physical disaster, data security breach, computer malfunction or sabotage. • Our AVPS business relies on relationships with acquirers and on the involvement of card schemes. • We are subject to counterparty risk and credit risk. • We are subject to losses from fraud, theft and employee error. • We may not be able to attract, integrate, manage and retain qualified personnel or key employees. • We are subject to complex and stringent data protection and privacy laws and regulations in the jurisdictions in which we operate. • Our business is subject to anti-money laundering, sanctions and anti-bribery regulation and related compliance costs and third-party risks. • We are subject to risks relating to intellectual property. • Litigation or investigations involving us could result in material settlements, fines or penalties and may adversely affect our business, financial condition and results of operations • As reported on the French Competition Authority (FCA) website, on November 28, 2019, representatives of the FCA carried out unannounced inspections of companies in the VAT refund services sector in Paris, including Global Blue. Documents were collected and taken in connection with an investigation, in respect of which Global Blue is fully co-operating. The investigation is solely linked to suspected anti-competition breaches in France (which represents 7.6% of Global Blue’s total Oct-19 LTM revenue) and, as stated by the FCA, such investigation does not pre-suppose the existence of a breach of law. Global Blue has lodged at court a right to appeal against the decision by the FCA to launch the investigation. Further information will be provided as and when available 26