MeridianLink, Inc. (Form: 8-K, Received: 03/01/2023 09:29:24)

0001834494FALSE00018344942023-02-242023-02-24

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 24, 2023

(Exact name of registrant as specified in its charter)


Delaware	001-40680	82-4844620
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

3560 Hyland Avenue, Suite 200

Costa Mesa, CA 92626

(Address of principal executive offices and Zip Code)

(Registrant’s telephone number, including area code)

(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))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.001 per share	MLNK	The New York Stock Exchange

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 ☒

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 2.02 Results of Operations and Financial Condition.

On March 1, 2023, MeridianLink, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2022. A copy of this press release is furnished as Exhibit 99.1 and is incorporated by reference herein.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On February 24, 2023, James K. Lines notified the Company of his resignation from its Board of Directors (the “Board”) and its committees, effective March 1, 2023. Mr. Lines did not resign due to any disagreement with the Company.

(d) Effective upon Mr. Lines’s resignation as a director, on March 1, 2023, the Board appointed Mark Sachleben to serve on the Board as a class II director and member of the audit committee, both effective as of March 1, 2023. The term of the Company’s class II directors, including Mr. Sachleben, expires on the date of the Company’s annual meeting of stockholders to be held in 2023 or upon the election and qualification of successor directors.

Based on the director independence listing standards of the New York Stock Exchange and the Company’s Corporate Governance Guidelines, the Board affirmatively determined that Mr. Sachleben is independent. There is no arrangement or understanding pursuant to which Mr. Sachleben was appointed to the Board, and there are no related party transactions between the Company and Mr. Sachleben that would require disclosure under Item 404(a) of Regulation S-K.

Mr. Sachleben’s compensation will be consistent with the Company’s standard compensation for non-employee directors pursuant to the Company’s Non-Employee Director Compensation Policy, a copy of which is included as Exhibit 10.3 to the Company’s Form S-1 filed on July 27, 2021. In addition, the Company entered into an indemnification agreement with Mr. Sachleben in connection with his appointment to the Board, in substantially the same form as that entered into with the other directors of the Company, the form of which is included as Exhibit 10.5 to the Company’s Form S-1 filed on July 27, 2021.

Item 7.01 Regulation FD Disclosure.

On March 1, 2023, the Company issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2022. A copy of this press release is furnished as Exhibit 99.1 and is incorporated by reference herein.

On March 1, 2023, the Company issued a press release announcing Mr. Sachleben’s appointment to the Board as discussed in Item 5.02 of this Current Report on Form 8-K. A copy of this press release is furnished as Exhibit 99.2 and is incorporated by reference herein.

The Company also furnishes herewith, as Exhibit 99.3, a presentation, dated March 2022, to be given to investors and others and made available on the Company's investor relations website at ir.meridianlink.com.

The information contained in this Item 2.02 and 7.01 of this Current Report on Form 8-K, including the Exhibit 99.1, 99.2, and 99.3 attached hereto, 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 the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

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.


	MERIDIANLINK, INC.
Date: March 1, 2023
	By:	/s/ Sean Blitchok
		Sean Blitchok
		Chief Financial Officer

MeridianLink® Reports Fourth Quarter and Fiscal Year 2022 Results

Fourth quarter revenue of $70.6 million grows 10% year-over-year

COSTA MESA, Calif., March 1, 2023 — MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced financial results for the fourth quarter and fiscal year ended December 31, 2022.

“Our solid fourth quarter performance highlights the strength of our multi-product platform, MeridianLink® One,” said Nicolaas Vlok, chief executive officer of MeridianLink. “More financial institutions are taking advantage of bundling MeridianLink offerings to create seamless digital lending experiences. With that, our revenue grew 10% year-over-year to $70.6 million with 33% adjusted EBITDA margins. Lending software solutions revenue grew 26% year-over-year to $55.0 million, now accounting for 78% of total revenue. I’d like to thank the team for their ongoing dedication and innovation.”

Quarterly Financial Highlights:

•Revenue of $70.6 million, an increase of 10% year-over-year

•Operating income of $0.6 million, or 1% of revenue and Non-GAAP operating profit of $8.5 million, or 12% of revenue

•Net loss of $(5.5) million, or (8)% of revenue, and Adjusted EBITDA of $23.2 million, or 33% of revenue

•Cash flow from operations of $7.4 million and free cash flow of $5.2 million

2022 Fiscal Year Financial Highlights:

•Revenue of $288.0 million, an increase of 8% year-over-year

•Operating income of $28.6 million, or 10% of revenue and Non-GAAP operating profit of $55.9 million, or 19% of revenue

•Net income of $1.3 million, or 0.4% of revenue, and Adjusted EBITDA of $111.2 million, or 39% of revenue

•Cash flow from operations of $74.6 million and free cash flow of $65.2 million

Business and Operating Highlights:

•MeridianLink finished the quarter with record software bookings, both for Q4 and in company history.

•In the quarter, MeridianLink signed ten existing MeridianLink® Consumer customers on the MeridianLink® Mortgage solution, demonstrating the powerful cross-sell capabilities of the MeridianLink® One platform.

•In support of our strategic investment to accelerate services, fuel Go-to-Market, and enhance product innovation, we restructured our operations team and cost profile to serve more customers with greater efficiency in 2023.

•The Company completed enhancements to our marketing automation solution, MeridianLink® Engage. These new features save time in launching targeted, personalized marketing campaigns, often resulting in triple-digit ROI for the customer.

•Building on the innovative functionality acquired through the StreetShares® Atlas Platform®, the Company completed our business lending offering, MeridianLink® Business, to optimize the business lending process in a digital environment.

•Through the Company’s extensive Partner Marketplace, we announced new integrations to partners such as Equifax®, Ferretly, and FirstClose, which help differentiate our lending and data verification customers in the market.

•MeridianLink secured another strong roster of new logo customers as a result of our lending capabilities that best serve customers in our mid-market sweet spot, enabling a more frictionless lending process and empowering customer growth.

Based on information as of today, March 1, 2023, the Company issues first quarter financial guidance and initiates full year 2023 financial guidance as follows:

First Quarter Fiscal 2023:

•Revenue is expected to be in the range of $72.0 million to $75.0 million

•Adjusted EBITDA is expected to be in the range of $23.0 million to $26.0 million

•Revenue is expected to be in the range of $304.0 million to $310.0 million

•Adjusted EBITDA is expected to be in the range of $109.0 million to $115.0 million

Conference Call Information

MeridianLink will hold a conference call to discuss our fourth quarter and fiscal year results today, March 1, 2023, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The conference call can be accessed by dialing (888) 396-8049 from North America toll-free or the Participant Local number of (416) 764-8646 with Conference ID 05813207. A live webcast of the conference call can be accessed from the investor relations page of MeridianLink’s website at ir.meridianlink.com. An archived replay of the webcast will be available at the same website following the conclusion of the call. A telephonic replay will be available until approximately 3:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Wednesday, March 8, 2023, at (877) 674-7070 from North America or (416) 764-8692 as a Participant Local with Playback Passcode 813207.

For More Information:

becky.frost@meridianlink.com

Investor Relations Contact

InvestorRelations@meridianlink.com

MeridianLink® (NYSE: MLNK), headquartered in Costa Mesa, California, powers digital lending and account opening for financial institutions and provides data verification solutions for consumer reporting agencies. MeridianLink’s scalable, cloud-based platforms help customers build deeper relationships with consumers through data-driven, personalized experiences across the entire lending life cycle.

MeridianLink enables customers to accelerate revenue growth, reduce risk, and exceed consumer expectations through seamless digital experiences. Its partner marketplace supports hundreds of integrations for tailored innovation. For more than 20 years, MeridianLink has prioritized the democratization of lending for consumers, businesses, and communities.

Learn more at www.meridianlink.com.

Operational Measures Definitions

We reference bookings, which is an internal operational measure of the business. Bookings is defined as the total of the minimum annual contracted value for newly sold capabilities of our software-as-a-service, or SaaS, products over a given time period, inclusive of any corresponding vendor fees owed to Third Parties.

Non-GAAP Financial Measures

To supplement the financial measures presented in accordance with generally accepted accounting principles, or GAAP, we provide certain non-GAAP financial measures, such as adjusted EBITDA and adjusted EBITDA margin; non-GAAP operating income (loss); non-GAAP net income (loss); non-GAAP cost of revenue; non-GAAP sales and marketing expenses; non-GAAP research and development expenses; non-GAAP general and administrative expenses; and free cash flow. The presentation of these financial measures is not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with GAAP. Rather, we believe that these non-GAAP financial measures, when viewed in addition to and not in lieu of our reported GAAP financial results, provide investors with additional meaningful information to assess our financial performance and trends, enable comparison of financial results between periods, and allow for greater transparency with respect to key metrics utilized internally in analyzing and operating our business. The following definitions are provided:

•Adjusted EBITDA: net income (loss) before interest expense, taxes, depreciation and amortization, share-based compensation expense, employer payroll taxes on employee stock transactions, certain expenses associated with our

IPO, sponsor and third-party acquisition related costs, losses resulting from early repayment of debt, lease termination charges, and deferred revenue reductions from purchase accounting for acquisitions prior to 2022

•Non-GAAP operating income (loss): GAAP operating income (loss), excluding the impact of share-based compensation, employer payroll taxes on employee stock transactions, and sponsor and third-party acquisition-related costs

•Non-GAAP net income (loss): GAAP net income (loss), excluding the impact of share-based compensation, employer payroll taxes on employee stock transactions, and sponsor and third-party acquisition-related costs

•Non-GAAP cost of revenue: GAAP cost of revenue, excluding the impact of share-based compensation, employer payroll taxes on employee stock transactions, and amortization of developed technology

•Non-GAAP operating expenses: GAAP operating expenses, excluding the impact of share-based compensation, employer payroll taxes on employee stock transactions, and depreciation and amortization

•Free cash flow: GAAP cash flow from operating activities less GAAP purchases of property and equipment (Capital Expenditures) and capitalized costs related to developed technology (Capitalized Software)

Reconciliations to comparable GAAP financial measures are available in the accompanying schedules, which are posted as part of this earnings release on our website. No reconciliation is provided with respect to certain forward-looking non-GAAP financial measures as the GAAP measures are not accessible on a forward-looking basis. We cannot reliably predict all necessary components or their impact to reconcile such financial measures without unreasonable effort. The events necessitating a non-GAAP adjustment are inherently unpredictable and may have a significant impact on our future GAAP financial results.

Forward-Looking Statements

This release contains, and our above-referenced conference call and webcast will contain, statements which are not historical facts and are considered forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Generally, these statements can be identified by the use of words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” and variations of such words or similar expressions, although not all forward-looking statements contain these identifying words. Further, statements describing our strategy, outlook, guidance, plans, intentions, or goals are also forward-looking statements. These forward-looking statements reflect our predictions, expectations, or forecasts, including, but not limited to, statements regarding, and guidance with respect to, our strategy, our future financial and operational performance, future economic conditions, our strategic initiatives, including anticipated benefits and integration of an acquisition, our restructuring plan, including expected associated timing, benefits, and costs, the potential benefits of our migration to the public cloud, our stock repurchase program, including the execution and amount of repurchases, our development or delivery of new or enhanced solutions, our market size and growth opportunities, our competitive positioning, projected costs, technological capabilities and plans, and objectives of management. Actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control including, without limitation, risks related to our business and industry, as well as those set forth in Item 1A. Risk Factors, or elsewhere, in our Annual Report on Form 10-K for the most recently ended fiscal year, any updates in our Quarterly Reports on Form 10-Q filed for periods subsequent to such Form 10-K, and our other SEC filings. These forward-looking statements are based on reasonable assumptions as of the date hereof. The plans, intentions, or expectations disclosed in our forward-looking statements may not be achieved, and you should not rely upon forward-looking statements as predictions of future events. We undertake no obligation, other than as required by applicable law, to update any forward-looking statements, whether as a result of new information, future events, or otherwise.

Condensed Consolidated Balance Sheets

(in thousands, except share and per share data)


	As of
	December 31, 2022		December 31, 2021

Assets
Current assets:
Cash and cash equivalents	$	55,780	$	113,645

Accounts receivable, net of allowance for doubtful accounts	32,905		24,913
Prepaid expenses and other current assets	9,447		9,398
Escrow deposit	30,000		—
Total current assets	128,132		147,956
Property and equipment, net	4,245		5,989
Right of use assets	2,185		—
Intangible assets, net	297,475		298,597
Deferred tax assets, net	13,939		4,286
Goodwill	608,657		564,799
Other assets	4,524		4,266
Total assets	$	1,059,157	$	1,025,893

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	1,249	$	2,335
Accrued liabilities	32,500		24,667
Deferred revenue	16,945		14,707
Current portion of long-term debt, net of debt issuance costs	3,505		2,139
Total current liabilities	54,199		43,848
Long-term debt, net of debt issuance costs	423,404		425,371
Long-term deferred revenue	1,141		—
Deferred rent	—		396
Other long-term liabilities	1,322		—
Total liabilities	480,066		469,615
Commitments and contingencies
Stockholders’ Equity
Preferred stock, $0.001 par value; 50,000,000 shares authorized; zero shares issued and outstanding at December 31, 2022 and 2021	—		—
Common stock, $0.001 par value; 600,000,000 shares authorized, 80,644,452 and 79,734,984 shares issued and outstanding at December 31, 2022 and 2021, respectively	128		88
Additional paid-in capital	621,396		596,542
Accumulated deficit	(42,433)		(40,352)
Total stockholders’ equity	579,091		556,278
Total liabilities and stockholders’ equity	$	1,059,157	$	1,025,893

Condensed Consolidated Statements of Operations

(in thousands, except share/unit and per share/unit data)


	Three Months Ended December 31,				Year Ended December 31,
	2022		2021		2022		2021
Revenues, net	$	70,551	$	64,024	$	288,046	$	267,676
Cost of revenues:
Subscription and services	22,486		19,025		90,778		77,103
Amortization of developed technology	4,266		3,329		15,553		12,519
Total cost of revenues	26,752		22,354		106,331		89,622
Gross profit	43,799		41,670		181,715		178,054
Operating expenses:
General and administrative	22,233		21,057		82,649		85,160
Research and development	12,178		8,529		42,592		36,336
Sales and marketing	7,139		4,305		23,658		18,122


Acquisition related costs	1,679		—		4,228		781
Total operating expenses	43,229		33,891		153,127		140,399
Operating income	570		7,779		28,588		37,655
Other (income) expense, net:
Other income	(357)		(10)		(1,063)		(49)
Interest expense, net	7,578		5,542		24,227		32,615
Loss on debt repayment and extinguishment	—		5,593		—		9,944
Total other expense, net	7,221		11,125		23,164		42,510
Income (loss) before provision for income taxes	(6,651)		(3,346)		5,424		(4,855)

Provision for (benefit from) income taxes	(1,188)		(133)		4,130		5,141
Net income (loss)	(5,463)		(3,213)		1,294		(9,996)

Class A preferred return	—		—		—		(20,944)
Net income (loss) attributable to common stockholders	$	(5,463)	$	(3,213)	$	1,294	$	(30,940)

Net income (loss) per share:
Basic	$	(0.07)	$	(0.04)	$	0.02	$	(0.48)
Diluted	(0.07)		(0.04)		0.02		(0.48)
Weighted average common stock outstanding:
Basic	80,749,744		79,596,418		80,454,356		63,813,770
Diluted	80,749,744		79,596,418		82,403,679		63,813,770

Net Revenues by Major Source


	Three Months Ended December 31,				Year Ended December 31,
	2022		2021		2022		2021
Subscription fees	$	60,004	$	55,757	$	248,864	$	235,489
Professional services	8,250		5,895		29,320		22,707
Other	2,297		2,372		9,862		9,480
Total	$	70,551	$	64,024	$	288,046	$	267,676

Net Revenues by Solution Type


	Three Months Ended December 31,				Year Ended December 31,
	2022		2021		2022		2021
Lending software solutions	$	55,041	$	43,759	$	208,290	$	176,793
Data verification software solutions	15,510		20,265		79,756		90,883
Total (1)	$	70,551	$	64,024	$	288,046	$	267,676
% Growth attributable to:
Lending software solutions	18%				12%
Data verification software	(7)%				(4)%
Total % growth	10%				8%

(1) % Revenue related to mortgage loan market:
Lending software solutions	10%		9%		8%		9%
Data verification software	59%		68%		64%		70%
Total % revenue related to mortgage loan market	21%		27%		23%		30%

Condensed Consolidated Statements of Cash Flows


	Year Ended December 31,
	2022		2021
Cash flows from operating activities:
Net income (loss)	$	1,294	$	(9,996)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	53,982		50,453

Amortization of debt issuance costs	2,760		3,413
Share-based compensation expense	22,761		30,736
Loss on disposal of fixed assets	678		524

Loss on sublease liability	—		405
Loss on debt repayment and extinguishment	—		9,944
Gain on change in fair value of earnout	(162)		—
Other adjustments	—		(18)
Deferred income taxes	1,905		4,926
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable	(7,005)		1,619
Prepaid expenses and other assets	297		(5,726)
Accounts payable	(1,564)		117
Accrued liabilities	(2,281)		(302)
Deferred revenue	1,922		3,834
Deferred rent	—		(94)
Net cash provided by operating activities	74,587		89,835
Cash flows from investing activities:
Acquisition, net of cash acquired – Beanstalk Networks L.L.C.	(61,830)		—
Acquisition, net of cash and restricted cash acquired – StreetShares, Inc.	(23,137)		—
Acquisition, net of cash and restricted cash acquired – Saylent Technologies, Inc.	—		(35,945)
Acquisition, net of cash acquired – TazWorks, LLC	—		(84,605)

Escrow deposit	(30,000)		—
Capitalized software additions	(8,228)		(4,906)
Purchases of property and equipment	(1,136)		(843)
Net cash used in investing activities	(124,331)		(126,299)
Cash flows from financing activities:
Repurchases of common stock	(3,375)		—
Repurchases of Class A Units	—		(54)
Repurchases of Class B Units	—		(1,887)
Proceeds from initial public offering, net of underwriters’ discounts and commissions	—		247,307
Proceeds from exercise of stock options	211		1,714
Payment due to effect of corporate conversion	—		(6)
Proceeds from employee stock purchase plan	1,777		—
Taxes paid related to net share settlement of RSUs	(206)		—
Proceeds from long-term debt	—		535,000
Principal payments of long-term debt	(3,263)		(631,255)
Payment of Regulation A+ investor note	(3,265)		—
Payments of debt issuance costs	—		(7,207)

Payments of Class A cumulative preferred return	—		(12)
Payments of deferred offering costs	—		(4,790)
Payment to sellers of Saylent Technologies, Inc.	—		(775)
Payment to sellers of Teledata Communications, Inc	—		(2,142)
Holdback payment to sellers of MeridianLink	—		(25,665)
Net cash (used in) provided by financing activities	(8,121)		110,228
Net (decrease) increase in cash, cash equivalents and restricted cash	(57,865)		73,764
Cash, cash equivalents and restricted cash, beginning of period	113,645		39,881
Cash, cash equivalents and restricted cash, end of period	$	55,780	$	113,645

Condensed Consolidated Statements of Cash Flows


	Year Ended December 31,
	2022		2021
Supplemental disclosures of cash flow information:
Cash paid for interest	$	21,348	$	29,242
Cash paid for income taxes	1,343		306
Non-cash investing and financing activities:
Regulation A+ investor note assumed in business combination	$	3,265	$	—
Initial recognition of operating lease liability	3,791		—
Initial recognition of operating lease right-of-use asset	3,047		—
Share-based compensation expense capitalized to software additions	311		111
Shares withheld with respect to net settlement of RSUs	206		—
Effect of corporate conversion	—		319,868
Related party receivable net against holdback payment to prior shareholders	—		4,335
Deferred offering costs in prepaid expenses and other current assets as of December 31, 2020 offsetting payments of deferred offering costs	—		423
Vesting of RSAs and RSUs	40		94
Debt issuance costs included in accrued expenses	—		90
Purchases of property and equipment included in accounts payable and accrued expenses	72		81

Reconciliation from GAAP to Non-GAAP Results

(in thousands, except share/unit and per share/unit data)


	Three Months Ended December 31,				Year Ended December 31,
	2022		2021		2022		2021

Operating income	$	570	$	7,779	$	28,588	$	37,655
Add: Share-based compensation expense	6,260		3,901		22,761		30,736
Add: Employer payroll taxes on employee stock transactions	20		16		350		95
Add: Sponsor and third-party acquisition related costs	1,679		25		4,228		2,348
Non-GAAP operating income	$	8,529	$	11,721	$	55,927	$	70,834
Non-GAAP operating margin	12%		18%		19%		26%


	Three Months Ended December 31,				Year Ended December 31,
	2022		2021		2022		2021

Net income (loss)	$	(5,463)	$	(3,213)	$	1,294	$	(9,996)
Add: Share-based compensation expense	6,260		3,901		22,761		30,736
Add: Employer payroll taxes on employee stock transactions	20		16		350		95
Add: Sponsor and third-party acquisition related costs	1,679		25		4,228		2,348

Non-GAAP net income	$	2,496	$	729	$	28,633	$	23,183
Non-GAAP basic net income per share	$	0.03	$	0.01	$	0.36	$	0.36
Non-GAAP diluted net income per share	0.03		0.01		0.35		0.35
Weighted average shares used to compute Non-GAAP basic net income per share	80,749,744		79,596,418		80,454,356		63,813,770
Weighted average shares used to compute Non-GAAP diluted net income per share	82,413,712		82,358,079		82,403,679		67,130,479
Non-GAAP net income margin	4%		1%		10%		9%


	Three Months Ended December 31,				Year Ended December 31,
	2022		2021		2022		2021

Net income (loss)	$	(5,463)	$	(3,213)	$	1,294	$	(9,996)
Interest expense	7,578		5,542		24,227		32,615
Taxes	(1,188)		(133)		4,130		5,141
Depreciation and amortization	14,234		12,799		53,982		50,453
Share-based compensation expense	6,260		3,901		22,761		30,736
Employer payroll taxes on employee stock transactions	20		16		350		95
Expenses associated with IPO	—		—		—		424
Sponsor and third-party acquisition related costs	1,679		25		4,228		2,348
Loss on debt prepayment	—		5,593		—		9,944
Deferred revenue reduction from purchase accounting for acquisitions prior to 2022	51		109		227		733

Lease termination charges	—		—		—		879
Adjusted EBITDA	$	23,171	$	24,639	$	111,199	$	123,372
Adjusted EBITDA margin	33%		38%		39%		46%


	Three Months Ended December 31,				Year Ended December 31,
	2022		2021		2022		2021

Cost of revenue	$	26,752	$	22,354	$	106,331	$	89,622
Less: Share-based compensation expense	1,063		1,017		4,630		6,478
Less: Employer payroll taxes on employee stock transactions	6		—		127		3
Less: Amortization of developed technology	4,266		3,329		15,553		12,519
Non-GAAP cost of revenue	$	21,417	$	18,008	$	86,021	$	70,622
As a % of revenue	30%		28%		30%		26%

Reconciliation from GAAP to Non-GAAP Results

(in thousands)


	Three Months Ended December 31,				Year Ended December 31,
	2022		2021		2022		2021

General & administrative	$	22,233	$	21,057	$	82,649	$	85,160
Less: Share-based compensation expense	2,552		1,694		9,499		14,558
Less: Employer payroll taxes on employee stock transactions	6		14		81		73
Less: Depreciation expense	599		560		2,319		2,303
Less: Amortization of intangibles	9,369		8,910		36,110		35,631
Non-GAAP general & administrative	$	9,707	$	9,879	$	34,640	$	32,595
As a % of revenue	14%		15%		12%		12%


	Three Months Ended December 31,				Year Ended December 31,
	2022		2021		2022		2021

Research and development	$	12,178	$	8,529	$	42,592	$	36,336
Less: Share-based compensation expense	2,014		1,095		6,472		7,453
Less: Employer payroll taxes on employee stock transactions	6		—		102		8
Non-GAAP research and development	$	10,158	$	7,434	$	36,018	$	28,875
As a % of revenue	14%		12%		13%		11%


	Three Months Ended December 31,				Year Ended December 31,
	2022		2021		2022		2021

Sales and marketing	$	7,139	$	4,305	$	23,658	$	18,122
Less: Share-based compensation expense	631		95		2,160		2,247
Less: Employer payroll taxes on employee stock transactions	2		2		40		11
Non-GAAP sales and marketing	$	6,506	$	4,208	$	21,458	$	15,864
As a % of revenue	9%		7%		7%		6%


	Three Months Ended December 31,				Year Ended December 31,
	2022		2021		2022		2021

Net cash provided by operating activities	$	7,352	$	20,823	$	74,587	$	89,835
Less: Capitalized software	1,905		1,316		8,228		4,906
Less: Capital expenditures	247		151		1,136		843
Free cash flow	$	5,200	$	19,356	$	65,223	$	84,086

MeridianLink Appoints Mark Sachleben to Its Board of Directors

Costa Mesa, Calif., March 1, 2023 – MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the appointment of Mark Sachleben to its board of directors.

Mr. Sachleben brings more than 30 years of technology and finance leadership experience for both public and private companies. He currently serves as advisor to the chief financial officer at New Relic, Inc., a SaaS company that delivers an all-in-one observability platform for engineers. Before that, he served as chief financial officer and corporate secretary for the company.

In his more than 14 years at New Relic, he drove financial strategy and reporting and oversaw legal, security, and information technology. Mr. Sachleben previously served as vice president of finance at Wily Technology, Inc., an application management software company. Throughout his career, he has focused on scaling organizations from pre-revenue through IPO and beyond, helping them achieve more than $750M in annual revenue.

“With his decades of financial and public company leadership, we are pleased to welcome Mark to the board,” said Paul Zuber, MeridianLink’s chair of the board. “His experience guiding innovative technology companies through impressive growth milestones, combined with his financial expertise, make him a perfect addition to our team as we continue our organizational transformation.”

Mr. Sachleben is currently a director of Acuity Brands, Inc. and serves on the Compensation and Management Development and Governance Committees. He holds an A.B. in Engineering Science and a B.S. in Fluid and Mechanical Engineering from Dartmouth College and an M.B.A. from Stanford University.

MeridianLink® (NYSE: MLNK) powers digital lending and account opening for financial institutions and provides data verification solutions for consumer reporting agencies. MeridianLink’s scalable, cloud-based platforms help customers build deeper relationships with consumers through data-driven, personalized experiences across the entire lending life cycle.

PRESS CONTACT:
Becky Frost
(714) 784-5839
becky.frost@meridianlink.com

INVESTOR RELATIONS CONTACT:
Erik Schneider
(714) 332-6357
InvestorRelations@meridianlink.com

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. CONFIDENTIAL Transforming financial services for the better. © 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. Fourth Quarter and Fiscal Year 2022 Review March 2023 Exhibit 99.3

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 2 Disclaimer Information in this presentation and the accompanying oral presentation, including any statements regarding MeridianLink’s customer data and other metrics, is based on data and analyses from various sources as of December 31, 2022, unless otherwise indicated. Information in this presentation and the accompanying oral presentation contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. All statements other than statements of historical fact included in this presentation and the accompanying oral presentation, including statements regarding, and guidance with respect to, our strategy, future operations, financial position, projected costs, projected long-term operating model, our future financial and operational performance, prospects, market size and growth opportunities, future economic conditions, competitive position, strategic initiatives, development or delivery of new or enhanced solutions, technological capabilities, plans, and objectives of management are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “may,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans, or intentions. These forward-looking statements reflect our predictions, expectations, or forecasts. Actual results may differ materially from those described in the forward- looking statements and will be affected by a variety of risks and factors that are beyond our control including, without limitation, risks related to economic and market conditions, including interest rate fluctuations; our ability to retain and attract customers; our ability to expand and evolve our offerings, features, and functionalities or respond to rapid technological changes; our ability to identify and integrate strategic initiatives, including anticipated benefits of an acquisition; our restructuring plan, including expected associated timing, benefits, and costs; our stock repurchase program, including the execution and amount of repurchases; our ability to compete in a highly- fragmented and competitive landscape; market demand for our products and solutions; our ability to effectively implement, integrate, and service our customers, including with respect to our migration to the public cloud; our ability to retain and attract product partners; our future financial performance, including, but not limited to, trends in revenue, costs of revenue, gross profit or gross margin, operating expenses, and number of customers; and our high levels of indebtedness; as well as those set forth in Item 1A. Risk Factors, or elsewhere, in our Annual Report on Form 10-K for the most recently ended fiscal year, any updates in our Quarterly Reports on Form 10-Q filed for periods subsequent to such Form 10-K, and our other SEC filings. These forward-looking statements are based on reasonable assumptions as of the date hereof. The plans, intentions, or expectations disclosed in our forward-looking statements may not be achieved, and you should not rely upon forward-looking statements as predictions of future events. We undertake no obligation, other than as required by applicable law, to update any forward-looking statements, whether as a result of new information, future events, or otherwise. This presentation contains statistical data, estimates, and forecasts that are based on independent industry publications or other publicly available information, as well as other information based on our 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 contained in these industry publications and other publicly available information. Accordingly, we make no representations as to the accuracy or completeness of that data nor do we undertake to update such data after the date of this presentation. This presentation includes trademarks, which are protected under applicable intellectual property laws and are the property of MeridianLink, Inc. or its subsidiaries. This presentation also contains trademarks, service marks, copyrights, and trade names of other companies, which are the property of their respective owners and are used for reference purposes only. Such use should not be construed as an endorsement of the platform and products of MeridianLink. Solely for convenience, trademarks and trade names may appear without the ® or ™ symbols, but such references are not intended to indicate that, with respect to our intellectual property, we will not assert, to the fullest extent under applicable law, our rights or the right of the applicable licensor to these trademarks and trade names.

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 3 $79.8M Data Verification Solutions Revenue $208.3M Lending Solutions Revenue MeridianLink at a Glance Growth and Scale Predictable, Recurring & Attractive Margin Profile A leading provider of cloud-based software solutions for financial institutions $288.0M Total Revenue 86% Subscription Fee Revenue 70% Adj. Gross Margin(2) 39% Adj. EBITDA Margin(2) • Provider of SaaS-based lending, credit data and account opening solutions to financial institutions • #54 on the IDC Global FinTech 100(1) • Headquartered in Costa Mesa, CA • Founded in 1998 • Accelerating platform adoption and capabilities through recently completed acquisitions Note: Financial data for the fiscal year ended December 31, 2022. (1) Source: 2022 IDC FinTech Rankings Top 100, as of September 2022 (2) Adj. EBITDA, Adj. EBITDA margin, and Adj. Gross Margin are non-GAAP measures. For a definition and reconciliation of Adj. EBITDA, Adj. EBITDA margin, and Adj. Gross Margin, please refer to the Appendix. (12)% Growth 18% Growth 8% Growth

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 4 Our Story 1998 – 2005 Early Years 2006 – 2008 Growth During Recession 2009 – 2018 Organic Growth 2018-2021 Accelerated Growth 2022+ Phase III of Growth Founded in 1998 Released Mortgage Credit LinkTM Launched MeridianLink Consumer and MeridianLink Mortgage Continued volume growth through increased deposits and new product Launched MeridianLink Opening Addition of new clients and increasing volumes Established foundation for Partner Marketplace Thoma Bravo acquisition and CRIF US merger Strong revenue and Adj. EBITDA growth during COVID-19 Launched MeridianLink Portal, MeridianLink Insight and MeridianLink Collect Drove platform adoption and capabilities through TCI, TazWorks, and Saylent acquisitions Initial Public Offering on July 28, 2021 Roll out of MeridianLink One to integrate all lending products and simplify cross-sell Strengthen competitive positioning through acquisitions (e.g., StreetShares and OpenClose) and by investing in product innovation Align executive leadership team to execute on growth initiatives Complete full cloud migration to drive enhanced capacity, flexibility and security Expand Go To Market to drive cross- sell and new logo growth Accelerate time to revenue Successfully expanded solutions offerings and client base, achieving a strong track record of growth throughout our operating history

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 5 • Implement systems and processes that are focused on consumer experience and increasing transaction volumes • Define product direction and how to bring capabilities to customers • Build sales and marketing structure and messaging to the market to increase new logo additions • Pursue unrealized upsell and cross-sell in existing client base • Actively build and manage Partner Marketplace relationships Comprehensive Scalable Strategy Rise of SaaS High-quality Customer Base Comprehensive Product Suite 1 2 4 3 5 Digital Lending Tailwinds

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 6 Experienced Executive Leadership Team with a Proven Ability to Execute Sean Blitchok Chief Financial Officer 25+ 25+ years of experience years of experience Nicolaas Vlok Chief Executive Officer

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 7 Digital Lending Acceleration Has Been Dramatic Late Majority LaggardsInnovators Early Adopters Early Majority 0% 100% COVID-19 fast-tracked the consumer adoption to digital Growth in Digital Transactions Accelerated Growth vs. pre-COVID Substantial Expected Future YoY Increases Continued digital growth expected as laggards follow the market trends Consumer Lending 20 20 Mortgage Lending Consumer lending is at the forefront of a 10+ year digitalization opportunity

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 8 Large TAM with Significant Runway LEVEL 01 LEVEL 02 LEVEL 03 LEVEL 04 LEVEL 05 ~$10B Total Addressable Market MeridianLink serves nearly the entire consumer lending wallet with significant opportunity to expand across the entire addressable market Loan Origination(1) Portfolio & Lending Performance Account Opening & Point-of-Sale Collections Data Access: Consumer Data & CRA Enablement Source: Cornerstone Advisors. (1) Loan origination market size is inclusive of consumer, mortgage, and commercial loan origination.

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 9 Financial Institutions are Projecting Demonstrable Software Spend (1) IDC, Worldwide Public Cloud Services Spending, October 2020. (2) EY Global Banking Outlook 2018. Material software investment growth to drive required digitalization and optimization – empowering CUs and community banks to more effectively compete with tier 1 banks ~$10B ~$19B $8. 0 $10 .0 $12 .0 $14 .0 $16 .0 $18 .0 $20 .0 2019E 2024E Financial services U.S. SaaS spend is expected to double(1) Global banks are prioritizing digital transformation(2) 85% Of global banks surveyed in 2018 cited implementation of a digital transformation program as a key business priority 60%+ Of global banks intend to increase investment in cloud technology

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 10 MeridianLink’s End-to-End Origination Solutions Sit at the Center of the FI Ecosystem Account Opening Software Collections Software Data Verification Marketing Automation Analytics & Business Intelligence FIsBorrowers Personal Loan Credit Card Checking / Savings Mortgage Home Equity Small Business Auto Loan Mortgage & Consumer Loan Origination Software (“LOS”) Certificates of Deposits Partner Marketplace Point-of- Sale System

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 11 Financial Institutions are Challenged to Automate Consumer Lending Numerous Consumer Channels Disparate Systems Financial Institution Online Point-of-Sale Mobile Branch Indirect Retail Call Center Lead Generation Verification Origination Credit Agencies Analytics Core Processing Collections Consumer Loans Mortgage Loans Deposit Accounts Deeply complex market plagued with disorganization requiring automation and integration to ensure efficiency

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 12 The Consumer Lending Platform Complete Omni- Channel Experience Streamlines & Automates Mission-Critical Systems Online Point-of-Sale Mobile Branch Indirect Retail Call Center Lead Generation Verification Origination Credit Agencies Analytics Core Processing Collections ✓ Captures consumer wallet ✓ Accelerates loan process ✓ Drives financial institution revenue Financial Institution MeridianLink has built a comprehensive suite of mission-critical solutions for financial institutions to optimize complexity

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 13 Purpose-Built, Consumer Lending Software Suite Consumer LOS Consumer loan origination system and digital lending platform ensuring a frictionless consumer UI Plug-and-play, web- based order fulfillment hub for product ordering Data Verification SolutionsLending Solutions Serving both Financial Institutions and CRA customers TazWorks End-to-end technology solution for the background screening industryA MeridianLink Company Mortgage LOS SaaS-based mortgage loan origination software designed to optimize the end-to-end process White-Label Portal White-label application portal maximizing digital lending profit and efficiency Account Opening Account opening and deposit software platform for all channels and financial product types Partner Marketplace Supports API and SSO integrations from MeridianLink’s extensive partner marketplace Collections Software Robust, powerful, easy-to- use collection platform that maximizes efficiency and minimizes cost Business Intelligence 360-degree approach: from optimizing day-to- day operations to portfolio projections Data Intelligence Data intelligence solution delivering intuitive dashboards, reports and powerful exploratory sandbox Single API to access credit and verification data from dozens of resellers and servicers Credit Verification Credit Engine Personalized end-to-end consumer lending, account, and card marketing automation solution Marketing Automation

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 14 The Next-Generation Unified Platform MeridianLink One unifies the financial institution experience with a powerful, integrated mid-market lending solution to originate consumer and mortgage loans Financial Institutions Borrowers Universal Platform Intelligent Cross-Sell Collections Universal Portal Data & Analytics

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 15 MeridianLink’s Democratization of Credit Our platform helps financial institutions bring equity to lending, placing power in the consumer’s hands Easy-to-Use, Digital Platform Includes mortgage, credit card, personal, auto, home equity, and small business loans Real-Time Decisioning Single origination point across channels— mobile, online, branch, call center, indirect, retail, and kiosk Opportunity Across Nearly All Categories of Consumer Lending Comprehensive Debt Wallet Optimization Extends from initial account opening and deposit taking to new loans and collections Informs the customer how to improve their access to credit today and in the future Enables quick credit approval and instant credit usage, so staff have more time to serve clients’ needs Improves Access To Credit

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 16 Multi-Vector Growth Strategy Expand Product Offerings Enhance Partner Marketplace Monetization Add New Logos Capitalize on Organic Volume Growth Robust Pipeline of M&A Opportunities Multiple actionable initiatives to accelerate growth Pursue Unrealized Upsell & Cross-Sell Key Customer Themes Underpinning Growth Paper-to-Digital Transition in Target Market Competition Among Financial Institutions

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 17 Targeting New Logos and Expanding the Sweet Spot for Sales Big Game Hunters Multi-Pronged Direct Sales Focused on Market Segments Up-MarketDown-Market Sweet Spot <$100M AUM $1B - $10B AUM 3,800+ FIs $10B+ AUM 165+ FIs1,200+ FIs $100M - $1B AUM 4,300+ FIs Inside Sales Focused sales strategies to strategically grow FI base up and down market

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 18 Monetizable, Stable Customer Base Diverse customer base with massive embedded whitespace opportunity (1) As of December 31, 2022. Credit Unions Specialty Lending Providers Mortgage Lenders Consumer Reporting Agencies Community Banks Regional or Larger Banks Selected Customers Sub-Verticals Served by over 2,000 customers(1)

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 19 Key MeridianLink Value Drivers – Case Studies EFFICIENCY IMPROVEMENTREVENUE INCREASES COST SAVINGS RISK REDUCTION Drive topline growth and satisfaction: • Enables a higher volume of consumer loans while providing process efficiencies • Enhances member experience, driving satisfaction through accurate pricing and the ability to run different scenarios • Accelerates ability to expand and grow Maximize value-add work: • Automated reports remove manual work, making it easy to analyze processing times, application workflows and productivity • Seamless third-party integrations results in a quick and smooth credit reporting process • Faster loan processing and closing Simplify IT landscape: • Throughput increase leads to time savings and manpower reductions • Enables clients to replace disparate third-party solutions with a robust in-house solution Reduce operational, regulatory and credit risk: • Reduce operational risk (human error) from workflow and automation • Mitigate regulatory risk; capture and report required data • Enable red-flag notifications and hard stops to prevent potential threats during the loan process Pathways Federal Credit Union ~$500M AUM • Doubled loan volume • Enabled the Company to underwrite 20% more loans Kohler Credit Union ~$500M in AUM • Shortened the time it took from a new account to funded loan from 1 day to as fast as 22 minutes • Staff that were not familiar with the lending process could complete ~95% of the application without asking a single question CME Federal Credit Union ~$305M AUM • Saved time using reporting and dashboard flexible functionality because it removed manual work employees were previously doing Premium Credit Bureau ~40,000 Credit Reports per Year • Enabled to track and implement compliance changes and industry standards Comprehensive platform of SaaS solutions allows us to continually innovate to address customer pain points and further their business objectives

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 20 Competitive Landscape Fragmented competitive landscape with numerous legacy solutions Mortgage Loan Origination Data Verification Consumer Loan Origination FIS Fiserv nCino Temenos Q2 Sync1 Systems Calyx Ellie Mae Mortgage Cadence Black Knight CBC InnovisCoreLogic Jack Henry & Associates CU Direct Point Solutions Core Providers The MeridianLink Solution ❖ Core competency and focus ❖ Leading consumer lending software ❖ Robust Partner Marketplace ❖ Track record of innovation ❖ Modern, scalable, web-based SaaS software ❖ Comprehensive and Integrated ❖ Powerful loan decision engine ❖ Full digital lending solution ❖ Integrated capabilities for CRAs to meet complex data delivery requirements Homegrown Solutions Checkr HireRight Byte Software

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 21 Compelling Financial Story Demonstrable Scale $288.0M Total Revenue 86% Subscription Fee Revenue Strong Margin Profile $208.3M Lending Solutions Revenue Attractive Growth 70% Adj. Gross Margin(1) 39% Adj. EBITDA Margin(1) Robust financial profile delivering growth at scale Note: Financial data for the fiscal year ended December 31, 2022. (1) Adj. EBITDA, Adj. EBITDA margin, and Adj. Gross Margin are non-GAAP measures. For a definition and reconciliation of Adj. EBITDA, Adj. EBITDA margin, and Adj. Gross Margin, please refer to the Appendix. $79.8M Data Verification Solutions Revenue 8% Total Revenue Growth 18% Lending Solutions Revenue Growth (12)% Data Verification Solutions Revenue Growth

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 22 Revenue & Pricing Model Overview Continuous monetization opportunities Note: Financial data for the fiscal year ended December 31, 2022. RECURRING & TRANSACTIONAL Fees per application or per closed loan (depending on module) with minimums based on application volume • Typically are multi-year contracts with an initial term of three years (non-cancellable without penalty) • For non-mortgage consumer loans, (including personal loans, auto loans, and credit cards), customers pay per- application, regardless of whether the application is accepted or denied ONE-TIME & RECURRING Deployment fees (setup / annual) and revenue share per partner ONE-TIME & RECURRING Setup and implementation fees; managed services; training SUBSCRIPTION FEES PROFESSIONAL SERVICES Other 86% 10% 4%

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 23 Lending Revenues Have Shown Continued Growth at Scale Lending Solutions Revenue Data Verification Solutions Revenue 2022A Total Revenue: $288M % YoY Lending Revenue Growth¹ Revenue from Mortgage Loan Market % of Total Revenue % of Lending Software Solutions % of Data Verification Software Solutions 2020 12% 93% 8% 64% Mortgage Contribution to Revenue ($ millions) (1) YoY Growth is calculated as either the LTM quarter or fiscal year financial performance divided by financial performance of the same LTM quarter a year earlier or previous fiscal year minus one. 2021 2022 9% 70%

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 24 Recurring Revenue Growth at Scale Total Revenue Quarterly Revenue Breakdown ($ millions) ($ millions) % Subscription Professional Services OtherSubscription Fees Lending Software Solutions Revenue Data Verification Software Solutions Revenue Historical Financials (1) YoY Growth is calculated as current quarter financial performance divided by financial performance of the same quarter a year earlier minus one.

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 25 Mortgage Loan Market Contribution to Revenue Lending Software Solutions Data Verification Software Solutions Revenue from Mortgage Loan Market ($ millions) ($ millions)

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 26 Strong Margin Profile Adj. Gross Profit Adj. EBITDA ($ millions) ($ millions) Adj. Gross Profit Adj. Gross Profit Margin Adj. EBITDA Adj. EBITDA Margin Note: Adj. EBITDA, Adj. EBITDA margin, Adj. Gross Profit, and Adj. Gross Margin are non-GAAP measures. For a definition and reconciliation of Adj. EBITDA, Adj. EBITDA margin, and Adj. Gross Margin, please refer to the Appendix.

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 27 Capitalizing on Operating Leverage and Investing in Growth Adj. General & Administrative Adj. Research & Development Adj. Sales & Marketing ($ millions) ($ millions) ($ millions) S&M % of Revenue R&D % of Revenue G&A % of Revenue Note: Adj. Sales & Marketing, Adj. Research & Development, and Adj. General & Administrative expenses are non-GAAP measures. For a definition and reconciliation of non-GAAP operating expenses, please refer to the Appendix.

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 28 Q4 2022 Performance ($ in thousands) Q4 2022A Q4 2021A Delta Consolidated Statements of Operations Data Revenue $70,551 $64,024 $6,527 Gross profit 43,799 41,670 2,129 % Gross margin 62.1% 65.1% (3.0)% Net income (loss) (5,463) (3,213) (2,250) % Net income (loss) margin (7.7)% (5.0)% (2.7)% Non-GAAP Financial Data Adj. EBITDA(1) 23,171 24,639 (1,468) % Adj. EBITDA margin(1) 32.8% 38.5% (5.6)% (1) Adj. EBITDA and Adj. EBITDA margin are non-GAAP measures. For a definition and reconciliation of Adj. EBITDA and Adj. EBITDA margin, please refer to the Appendix. Adj. EBITDA margin is defined as our Adj. EBITDA for a particular period divided by our revenues for the same period and expressed as a percentage. Note: This financial information has been prepared by and is the responsibility of our management. Our independent registered public accounting firm has not audited, reviewed or performed any procedures with respect to this preliminary financial data or the accounting treatment thereof and does not express an opinion or any other form of assurance with respect thereto.

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 29 Guidance Update Guidance Update Three Months Ended March 31, 2023 Year Ended December 31, 2023 ($ in thousands) Q1 2022A Low (Estimated) High (Estimated) 2022A Low (Estimated) High (Estimated) Revenue $72,754 $72,000 $75,000 $288,046 $304,000 $310,000 % Growth 7% (1)% 3% 8% 6% 8% Adj. EBITDA(1) 33,965 23,000 26,000 111,199 109,000 115,000 % Growth (1)% (32)% (23)% (10)% (2)% 3% % Margin(1) 47% 32% 35% 39% 36% 37% Note: This financial information has been prepared by and is the responsibility of our management. Our independent registered public accounting firm has not audited, reviewed or performed any procedures with respect to this preliminary financial data or the accounting treatment thereof and does not express an opinion or any other form of assurance with respect thereto. (1) Adj. EBITDA and Adj. EBITDA margin are non-GAAP measures. For a definition and reconciliation of Adj. EBITDA and Adj. EBITDA margin, please refer to the Appendix. Adj. EBITDA margin is defined as our Adj. EBITDA for a particular period divided by our revenues for the same period and expressed as a percentage.

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 30 Unique Investment Opportunity: Summary Investment Highlights 1 A leading SaaS solutions provider supported by strong secular tailwinds and high-growth ~$10B TAM 2 4 Attractive financial profile, combining robust Adj. EBITDA margins with strong revenue growth 5 Significant growth opportunities driven by end-market expansion and substantial monetization opportunities through cross-sell and Partner Marketplace 6 Led by an experienced management team supported by a strong company culture and valued employees 3 Deep relationships with best-in-class financial institutions and measurable ROI to clients Comprehensive suite of mission-critical solutions that address financial institutions’ pain points and accelerate digitalization objectives

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 32 Disclaimer To supplement the financial measures presented in accordance with United States generally accepted accounting principles, or GAAP, we provide certain non-GAAP financial measures, such as adjusted EBITDA and adjusted EBITDA margin; adjusted gross profit and adjusted gross profit margin; non-GAAP operating income (loss); non-GAAP net income (loss); non-GAAP cost of revenue; non-GAAP sales and marketing expenses; non-GAAP research and development expenses; non-GAAP general and administrative expenses; and free cash flow. The presentation of these financial measures is not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with GAAP. Rather, we believe that these non-GAAP financial measures, when viewed in addition to and not in lieu of our reported GAAP financial results, provide investors with additional meaningful information to assess our financial performance and trends, enable comparison of financial results between periods, and allow for greater transparency with respect to key metrics utilized internally in analyzing and operating our business. The following definitions are provided: • Adjusted EBITDA: net income (loss) before interest expense, taxes, depreciation and amortization, share-based compensation expense, employer payroll taxes on employee stock transactions, certain expenses associated with our IPO, sponsor and third-party acquisition related costs, losses resulting from early repayment of debt, lease termination charges, and deferred revenue reductions from purchase accounting for acquisitions prior to 2022 • Adjusted gross profit: net revenues less non-GAAP cost of revenue • Non-GAAP operating income (loss): GAAP operating income (loss), excluding the impact of share-based compensation, employer payroll taxes on employee stock transactions, and sponsor and third-party acquisition-related costs • Non-GAAP net income (loss): GAAP net income (loss), excluding the impact of share-based compensation, employer payroll taxes on employee stock transactions, and sponsor and third-party acquisition-related costs • Non-GAAP cost of revenue: GAAP cost of revenue, excluding the impact of share-based compensation, employer payroll taxes on employee stock transactions, and amortization of developed technology • Non-GAAP operating expenses: GAAP operating expenses, excluding the impact of share-based compensation, employer payroll taxes on employee stock transactions, and depreciation and amortization • Free cash flow: GAAP cash flow from operating activities less GAAP purchases of property and equipment (Capital Expenditures) and capitalized costs related to developed technology (Capitalized Software) Reconciliations to comparable GAAP financial measures are available in the accompanying schedules, which are included in the Appendix of this presentation. No reconciliation is provided with respect to certain forward-looking non- GAAP financial measures as the GAAP measures are not accessible on a forward-looking basis. We cannot reliably predict all necessary components or their impact to reconcile such financial measures without unreasonable effort. The events necessitating a non-GAAP adjustment are inherently unpredictable and may have a significant impact on our future GAAP financial results.

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 33 Financial Reconciliations Fiscal Year Ending December 31st ($ in thousands) 2020A 2021A 2022A Reconciliation of Net Loss to Adjusted EBITDA(1) Net income (loss) $9,151 ($9,996) $1,294 (+) Interest expense, net 34,686 32,615 24,227 (+/-) Tax expense 1,792 5,141 4,130 (+) Depreciation & amortization 40,199 50,453 53,982 (+) Share-based compensation expense 2,841 30,736 22,761 (+) Employer payroll taxes on employee stock transactions – 95 350 (+) Expenses associated with IPO 395 424 – (+) Sponsor and third-party acquisition related costs 3,579 2,348 4,228 (+) Loss on debt prepayment – 9,944 – (+) Deferred revenue reduction from purchase accounting 851 733 227 (+) Impairment of trademarks 5,362 – – (+) Lease termination charges 5,755 879 – Adjusted EBITDA(1) $104,611 $123,372 $111,199 Net income (loss) margin 5% (4)% 0% Adjusted EBITDA margin(2) 52% 46% 39% (1) We define Adj. EBITDA as net income (loss) before interest expense, taxes, depreciation, amortization, share-based compensation expense, employer payroll taxes on employee stock transactions, certain expenses associated with our IPO, sponsor and third-party acquisition related costs, losses resulting from early repayment of debt, impairment of trademarks, lease termination charges, and deferred revenue reductions from purchase accounting. (2) Adj. EBITDA margin is defined as our Adj. EBITDA for a particular period divided by our revenues for the same period and expressed as a percentage. Non-GAAP Adjusted EBITDA

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 34 Financial Reconciliations (Cont’d) ($ in thousands) 2020A 2021A 2022A Revenues, net $199,340 $267,676 $288,046 Cost of revenue 58,354 89,622 106,331 (-) Share-based compensation expense 180 6,478 4,630 (-) Employer payroll taxes on employee stock transactions – 3 127 (-) Amortization of developed technology 8,874 12,519 15,553 Non-GAAP cost of revenue 49,300 70,622 86,021 Adjusted gross profit $150,040 $197,054 $202,025 Adjusted gross margin 75% 74% 70% Adjusted Gross Profit ($ in thousands) 2020A 2021A 2022A Net income (loss) $9,151 ($9,996) $1,294 (+) Share-based compensation expense 2,841 30,736 22,761 (+) Employer payroll taxes on employee stock transactions – 95 350 (+) Sponsor and third-party acquisition related costs 3,579 2,348 4,228 Non-GAAP net income $15,571 $23,183 $28,633 Non-GAAP basic net income per share $0.30 $0.36 $0.36 Non-GAAP diluted net income per share 0.29 0.35 0.35 Weighted average shares used to compute Non-GAAP basic net income per share 51,153,041 63,813,770 80,454,356 Weighted average shares used to compute Non-GAAP diluted net income per share 53,840,116 67,130,479 82,403,679 Non-GAAP net income margin 8% 9% 10% Non-GAAP Net Income

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 35 Financial Reconciliations (Cont’d) ($ in thousands) 2020A 2021A 2022A Sales and marketing $9,371 $18,122 $23,658 (-) Share-based compensation expense 370 2,247 2,160 (-) Employer payroll taxes on employee stock transactions – 11 40 Non-GAAP sales and marketing $9,001 $15,864 $21,458 % of revenue 5% 6% 7% Non-GAAP Sales and Marketing Expense ($ in thousands) 2020A 2021A 2022A Research and development $18,691 $36,336 $42,592 (-) Share-based compensation expense 339 7,453 6,472 (-) Employer payroll taxes on employee stock transactions – 8 102 Non-GAAP research and development $18,352 $28,875 $36,018 % of revenue 9% 11% 13% Non-GAAP Research and Development Expense ($ in thousands) 2020A 2021A 2022A General and administrative $54,640 $85,160 $82,649 (-) Share-based compensation expense 1,952 14,558 9,499 (-) Employer payroll taxes on employee stock transactions – 73 81 (-) Depreciation expense 2,516 2,303 2,319 (-) Amortization of intangibles 28,809 35,631 36,110 Non-GAAP general and administrative $21,363 $32,595 $34,640 % of revenue 11% 12% 12% Non-GAAP General and Administrative Expense

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 36 Balance Sheet Highlights ($ in thousands) 2020A 2021A 2022A Total current assets $72,174 $147,956 $128,132 Property and equipment, net 7,600 5,989 4,245 Intangible assets, net 328,032 298,597 297,475 Goodwill 542,965 564,799 608,657 Other assets 12,934 8,552 20,648 Total assets $963,705 $1,025,893 $1,059,157 Total current liabilities $152,801 $43,848 $54,199 Long-term debt, net of debt issuance costs 516,877 425,371 423,404 Other liabilities 543 396 2,463 Total liabilities $670,221 $469,615 $480,066 Preferred stock $319,913 – – Stockholders’ equity/members’ deficit (26,429) 556,278 579,091 Total preferred units and stockholders’ equity/members’ deficit $293,484 $556,278 $579,091 Total liabilities, preferred units, and stockholders’ equity/members’ deficit $963,705 $1,025,893 $1,059,157

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 37 ($ in thousands) 2020A 2021A 2022A Term loan – $435,000 $431,738 First lien $406,255 – – Second lien 125,000 – – Paycheck Protection Program loan 2,142 – – Total principal payments due 533,397 435,000 431,738 (-) Debt issuance costs 13,565 7,490 4,829 (-) Cash and cash equivalents 37,739 113,645 55,780 Net Leverage $482,093 $313,865 $371,129 LTM Adjusted EBITDA 104,611 123,372 111,199 Leverage multiple 4.6x 2.5x 3.3x Net Leverage

© 2023 MERIDIANLINK, INC. ALL RIGHTS RESERVED. 38 Financial Supplement Q4 2022 Q3 2022 Q2 2022 Q1 2022 Q4 2021 Q3 2021 Q2 2021 Q1 2021 Q4 2020 Lending software solutions $181.8 $167.1 $161.1 $153.3 $151.8 $150.7 $149.0 $133.8 $128.2 Data verification software solutions $77.1 $81.8 $85.1 $87.1 $88.4 $90.7 $91.9 $89.9 $64.8 Total $258.9 $248.9 $246.2 $240.4 $240.1 $241.5 $240.9 $223.7 $193.1 Annual Recurring Revenue (ARR)¹ Q4 2022 Q3 2022 Q2 2022 Q1 2022 Q4 2021 Q3 2021 Q2 2021 Q1 2021 Q4 2020 Lending software solutions 104.2% 101.2% 99.0% 98.6% 103.8% 107.8% 107.5% 106.3% NA Data verification software solutions 80.5% 85.4% 88.2% 92.3% 103.0% 120.6% 146.0% 183.6% NA Total 96.0% 95.8% 95.3% 96.4% 103.4% 112.2% 119.9% 126.9% NA ARR Net Retention Rate² Q4 2022 Q3 2022 Q2 2022 Q1 2022 Q4 2021 Q3 2021 Q2 2021 Q1 2021 Q4 2020 Lending software solutions 1,604 1,519 1,516 1,495 1,475 1,459 1,456 1,442 1,430 Data verification software solutions 430 433 429 431 426 430 423 421 422 Total 2,034 1,952 1,945 1,926 1,901 1,889 1,879 1,863 1,852 Total Customer³ Count Q4 2022 Q3 2022 Q2 2022 Q1 2022 Q4 2021 Q3 2021 Q2 2021 Q1 2021 Q4 2020 Lending software solutions 2.5% 3.5% 3.5% 3.1% 2.5% 3.2% 4.1% 4.0% 2.3% Data verification software solutions 0.9% 0.7% 1.4% 2.4% 0.9% 6.7% 0.0% 0.0% (1.0)% Total 2.2% 2.9% 3.0% 2.9% 2.2% 3.5% 3.7% 3.7% 2.0% Organic Customer Growth Rate4 (1) Annual Recurring Revenue, or ARR, is calculated as the total subscription fee revenues calculated in the latest twelve-month measurement period for those revenue-generating entities in place throughout the entire twelve-month measurement period plus the subscription fee revenues calculated on an annualized basis from new entity activations in the measurement period. (2) ARR Net Retention Rate takes the ARR recorded in the latest twelve-month measurement period for the cohort of revenue-generating entities in place throughout the entire prior twelve-month measurement period divided by the cohort’s ARR recorded in the twelve-month period that is immediately prior to the beginning of the current measurement period. (3) Customer defined as a legal entity that has a contractual relationship with us to use our software solutions. (4) Organic Customer Growth Rate is the percentage increase in the number of total customers on the last day of the measurement period compared to the number of total customers on the day twelve months prior to the measurement date, which measures the change in total customers, net of both customer terminations and customer additions between the respective measurement periods.


Exhibit No.			Exhibit Description

99.1			Press Release dated Ma rch 1, 2023 announcing the financial results for the fourth quarter and fiscal year ended December 31, 2022 .

99.2			Press Release dated March 1, 2023 announcing the appointment of a new director.

99.3			Investor Presentation Materials.

104			Cover Page Interactive Data File (embedded within the Inline XBRL document).