Exhibit 99.1

Segment Realignment

Effective for the quarter ended March 31, 2024, Deluxe Corporation (the "Company") reorganized its reportable business segments to align with changes in its organizational structure that better reflect its portfolio mix and offerings. The Company’s new reportable segments are Merchant Services, B2B Payments, Data Solutions and Print.

Supplemental Financial Information

The Company is providing updated historical financial information in the attached schedule to enhance its shareholders’ ability to evaluate the Company’s historical financial information under the new segment structure. The schedule provides unaudited, recast business segment revenue and adjusted EBITDA for fiscal years 2023 and 2022 and quarterly information for each of the quarters within fiscal year 2023. The Company did not operate under the new segment structure during these periods. The methodology utilized to determine segment operating performance did not change, and information regarding this methodology is provided in the Notes to Consolidated Financial Statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2023.

The recasting of previously issued financial information does not represent a restatement of previously issued financial statements and does not affect the Company's reported net income, earnings per share, total assets or shareholders' equity for any of the previously reported periods, nor does it reflect any subsequent information or event, other than as required to reflect the segment reorganization described above. Quarterly amounts for fiscal year 2023 may not sum to the full year amount due to immaterial rounding differences.

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DELUXE CORPORATION

SEGMENT INFORMATION

(In thousands)

(Unaudited)

			Year Ended December 31,												Quarter Ended
			2023						2022						Mar. 31, 2023						June 30, 2023						Sept. 30, 2023						Dec. 31, 2023
Merchant Services:
Revenue			$364,233						$347,709						$89,105						$91,467						$87,984						$95,676
Adjusted EBITDA			74,399						70,760						18,427						17,300						17,393						21,280
B2B Payments:
Revenue			299,196						307,117						75,196						76,341						74,581						73,078
Adjusted EBITDA			62,034						71,242						13,475						15,192						16,074						17,293
Data Solutions:
Revenue			211,788						196,707						44,353						59,301						64,080						44,053
Adjusted EBITDA			46,281						44,833						10,256						13,382						15,317						7,325
Print:
Revenue			1,261,283						1,276,775						314,040						324,517						304,282						318,444
Adjusted EBITDA			400,942						399,045						95,201						104,770						98,044						102,926
Total reportable segments:
Revenue			$2,136,500						$2,128,308						$522,694						$551,626						$530,927						$531,251
Adjusted EBITDA			583,656						585,880						137,359						150,644						146,828						148,824
All other:(1)
Revenue			55,760						109,702						22,671						20,060						6,917						6,113
Adjusted EBITDA			25,926						30,132						9,803						8,239						4,130						3,756
Total segments:
Revenue			$2,192,260						$2,238,010						$545,365						$571,686						$537,844						$537,364
Adjusted EBITDA			609,582						616,012						147,162						158,883						150,958						152,580

(1) Includes businesses sold during 2023 and 2022, including the web hosting, logo design, strategic sourcing and retail packaging businesses, and the payroll and human resources services business, which the Company is currently in the process of exiting.

Total segment adjusted EBITDA reconciles to consolidated income (loss) before income taxes as follows (in thousands):

			Year Ended December 31,												Quarter Ended
			2023						2022						Mar. 31, 2023						June 30, 2023						Sept. 30, 2023						Dec. 31, 2023
Total segment adjusted EBITDA			$609,582						$616,012						$147,162						$158,883						$150,958						$152,580
Corporate operations			(192,447)						(197,882)						(46,726)						(50,511)						(49,068)						(46,143)
Depreciation and amortization expense			(169,703)						(172,552)						(43,520)						(42,607)						(38,857)						(44,718)
Interest expense			(125,643)						(94,454)						(30,016)						(31,932)						(32,034)						(31,662)
Non-controlling interest			107						135						28						26						26						27
Restructuring and integration expense			(90,475)						(63,136)						(14,094)						(27,477)						(29,364)						(19,540)
Share-based compensation expense			(20,525)						(23,676)						(5,866)						(5,484)						(4,539)						(4,636)
Acquisition transaction costs			—						(130)						—						—						—						—
Certain legal-related (expense) benefit			(2,195)						730						(429)						183						(1,949)						—
Loss on sale of investment securities			(1,323)						—						—						—						—						(1,323)
Gain (loss) on sale of businesses and long-lived assets			32,421						19,331						—						21,942						(4,324)						14,803
Income (loss) before income taxes			$	39,799					$	84,378					$	6,539					$	23,023					$	(9,151)					$	19,388