2020 Annual Meeting of Shareholders May 7 th , 2020 Forward-Looking - - PowerPoint PPT Presentation

2020 Annual Meeting of Shareholders

May 7th, 2020

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This presentation contains certain forward-looking information to help you understand Equifax and its business environment. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future, including statements relating to future operating results, improvements in our IT and data security infrastructure, our strategy, our ability to mitigate or manage disruptions posed by COVID-19, the impact of COVID-19 and changes in worldwide and U.S. economic conditions, and similar statements about our business plans are forward-looking statements. We believe these forward-looking statements are reasonable as and when made. However, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from

• ur historical experience and our present expectations or projections. These risks and uncertainties

include, but are not limited to, those described in our 2019 Form 10-K, our Form 10-Q for the quarter ended March 31, 2020, and future SEC filings. As a result of such risks and uncertainties, we urge you not to place undue reliance on any forward-looking

• statements. Forward-looking statements speak only as of the date when made. We undertake no obligation

to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Forward-Looking Statements

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• This presentation contains certain non-GAAP financial measures, including adjusted

EPS attributable to Equifax, adjusted EBITDA, adjusted EBITDA margin and adjusted revenue, which reflect adjustments for certain items that affect the comparability of

• ur underlying operational performance.
• These are important financial measures for Equifax but are not financial measures

as defined by GAAP. These non-GAAP financial measures should be reviewed in conjunction with the relevant GAAP financial measures and are not presented as an alternative measure of net income , EPS or revenue as determined in accordance with GAAP.

• Reconciliations of these non-GAAP financial measures to the most directly

comparable GAAP financial measures can be found under "Investor Relations/Financial Information/Non-GAAP Financial Measures" on our website at www.equifax.com.

Non-GAAP Disclosure Statement

Mark Begor

CEO

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2019 by the Numbers

+5.6%

CONSTANT DOLLAR ADJUSTED REVENUE GROWTH

$3.53B

ADJUSTED REVENUE

$1.18B

ADJUSTED EBITDA

$5.62

ADJUSTED EPS (CONTINUING OPS)

$292M

TRANSFORMATION INVESTMENT

33.4%

ADJUSTED EBITDA MARGIN

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Values Values

Who we are

The New EFX New EFX

Definition Definition

What we are

A global data, analytics, and technology company A global data, analytics, and technology company

GROWTH GROWTH CLOUD CLOUD-NATIVE NATIVE TECHNOLOGY TECHNOLOGY CULTURE OF CULTURE OF CUSTOMER CUSTOMER CENTRICITY CENTRICITY MARKET MARKET- LEADING D&A LEADING D&A CONSUMER CONSUMER- FRIENDLY CRA FRIENDLY CRA INDUSTRY INDUSTRY LEADER IN LEADER IN SECURITY SECURITY EQUIFAX EQUIFAX TEAM TEAM

Purpose Purpose

Why we exist

Helping people live their financial best Helping people live their financial best

Tagline Tagline

The memorable slogan that sums up what we’re all about

Powering the World with Knowledge Powering the World with Knowledge

Position Position

What we do

At Equifax, we believe knowledge drives progress. We blend unique data, analytics and technology At Equifax, we believe knowledge drives progress. We blend unique data, analytics and technology with a passion for serving customers globally, to create insights that power the decisions that with a passion for serving customers globally, to create insights that power the decisions that move people forward. move people forward.

Vision Vision

What we want to achieve

To be the trusted global leader in data, advanced analytics, and technology that creates innovative To be the trusted global leader in data, advanced analytics, and technology that creates innovative solutions and insights that help customers drive growth and move people forward. solutions and insights that help customers drive growth and move people forward.

Imperatives Imperatives

What we needto accomplish to meet

• ur vision and live our purpose

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Broad Based Execution in 2019

USIS WS INTL GCS

• Adj. Revenue: +4%

Revenue: +15% C$1 Revenue: +3% Revenue: -3%

+ Acquired PayNet (commercial credit data) + Executed new partnerships to expand unique data sets into consumer consented utility, bank transaction & rental data + Leveraged co-innovation partnerships with FICO and others to create new products + Grew TWN records to over 100M + Significantly expanded TWN record contributors + Building foundation for International Work Number + Over 100 customer instances of Ignite across multiple regions + Expanded positive data in AUS + Launched over 60 new products + Launched myEquifax.com consumer portal + Returned to growth in 2H19

Security Technology D&A

+ Strengthened cloud protection and detection controls + Expanded coverage of data protection and access management controls + Obtained key security industry re- certifications + Announced early adoption of NIST Privacy Framework + Continued our strategic move to the cloud to enhance performance and returns + Launched Ignite in the cloud for US, UK, LatAm, and Australia + Deployed Data Fabric and migrated significant assets + Began customer migrations to Cloud infrastructure + Ignite available on AWS and GCP, 35+ Ignite Direct and 100+ Ignite Marketplace Customers + Integrated Ignite, IC, AME, and AE for accelerated A2P + Extending NDT – In use in 30+ customer models + Launched FICO Ignite Connected Platform

2019

• 1. Constant currency

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A Strong, Diversified Portfolio of Businesses

2019 Vertical Mix 2019 Business Mix

Financial 24% Telco 4% Commercial 3% Consumer 6% Mortgage 20% Retail 3% Auto 7% Insurance 2% Government 7% Corporate (Employers) 9% Healthcare 1% Resellers 6% Other 8%

2019 Adjusted Revenue Growth (Constant $) 2019 Adjusted EBITDA Margin

(3%) 24.6% 3% 30.4% 15% 48.6% 4% 44.6% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Global Consumer Solutions Workforce Solutions USIS International

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Equifax Differentiated Data Assets

Property & Valuation Multiple Valuation Methodologies Consumer Demographic Descriptive Consumer Segmentation Single-Source Verifications Housing Insurance, IRS Transcripts, and Identity Consumer Credit Reliable, Fast, High-Quality Telco, Cable & Utility Accounts Exclusive, Superior Coverage Employment & Income Verified, Direct from Employers Commercial Credit Comprehensive, High Quality & Timely Insights Commercial Marketing Comprehensive, High Quality SMB Profiles Auto MVR and Owner/Buyer Propensity Asset & Wealth Direct Measured Deposits & Investments

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$1.25B Cloud Transformation Will Accelerate Revenue Growth and Reduce Costs and Capex

Security Security Always Always -on

• n

Speed & Speed & Latency Latency Product Product velocity velocity Single Data Single Data Fabric Fabric Operating Operating scale scale Product Product portability portability

Product Product Innovation Innovation NPI NPI Velocity Velocity Focus on Focus on customers customers Delivery & Delivery & market reach market reach Global revenue Global revenue synergies synergies

• More data

assets

• Multi-data

insights

• New products
• Data

governance build-in

• Test & learn
• Faster

response to customers

• Blue / green

deploy

• Easier

interaction

• More

effective co- development

• Always-on
• Broader

customer base

• Easier

consumption

• Global data

views

• Global

platforms, capabilities

• Complete

prod catalog globally

Growth enablers Growth enablers Technology Transformation benefits

Cloud Cloud financial financial benefits benefits Tech costs Tech costs

• (10

(10-15)%, 15)%, Capex Capex

• (25

(25-35%) 35%) Revenue Revenue growth growth from share, from share, stability, stability, new new products products

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Strong Focus on Security Leadership

New 24x7 Global Fusion Center Security Transformation  Capacity for ~120 employees: current mix of

~80% Security and ~20% Tech

 Co-Located Teams from cybersecurity, fraud,

privacy, crisis management, network ops

 Part of a global team that staffs our 24x7

incident response capabilities.

 Building renovation cost ~$7.3M, completed

in July 2019

CULTURE CULTURE CONTROLS CONTROLS COMPLIANCE COMPLIANCE CUSTOMERS CUSTOMERS

Pillars Pillars – 4 C’s 4 C’s

Total Security spend more more than 3 times higher than 3 times higher

• vs. pre-

cybersecurity incident level

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COVID-19 Response

Priorities Priorities Business Business Continuity Continuity COVID COVID Actions Actions

• Health and safety of our team and their families
• ur team and their families
• Continue operations for customers and consumers

customers and consumers

• Continue investment and execution on Cloud Technology, Data, and Security Transformation

Cloud Technology, Data, and Security Transformation

• Continue new product investments

new product investments … tailor for recession environment

• Crisis Management T

Crisis Management T eam eam reporting to the CEO, daily updates, reviews with Board of Directors

• “Work

“Work -from from -home” home” policy starting on March 16th, preparing for return to office

• Continuous operations leveraging Cloud investments

Cloud investments

• Customer outreach on recession tools
• n recession tools

… webinars, videos, calls, analytics

• New products

New products leveraging Equifax differentiated data

• Active customer connections

customer connections

• Free credit reports

Free credit reports for consumers

• Forbearance

Forbearance coordination with Financial Institutions

• Small

Small businesses businesses data support

1 2 3 4

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• Webinar and Podcast series
• LinkedIn series

COVID-19 Consumer Support

You Ask, Equifax Answer Series

• Articles & Videos
• Relevant products (myEFX, Core Credit)

COVID + Credit Resource Center

• Free weekly credit reports in the US via ACR.com
• Free credit reports in Canada

Free Credit Reports

• Bi-weekly report on the pandemic’s financial impact on people
• Support to FIs to provide the most helpful services and products

Consumer Credit Confidence Index

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Equifax Well Positioned for COVID Recession

Recession Recession -growth growth Recession Recession -impacted impacted

2008 2019 Recession mix Recession mix (% Total Revenue) $3.5B $3.5B $1.8B $1.8B

Counter Counter -cyclical growth cyclical growth <40% ~55%

 Strong business mix from EWS and US Mortgage  USIS momentum  Differentiated data  Cloud transformation benefits  Strong balance sheet and liquidity

Recession Recession -growth growth

• r Counter
• r Counter -

cyclical growth cyclical growth

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Key 2019 Community Accomplishments

4,360 4,360

Volunteer Hours Volunteer Hours worldwide with 390 employees 390 employees

Matching Matching Gift Program Gift Program

332 employees 332 employees donated, with over $366,000

• ver $366,000

in matches

$2.6M $2.6M

Invested Invested into our communities by the Equifax Foundation Equifax Foundation Direct revenue received as a result of Equifax- Powered HomeScreen product:

$36,536 $36,536

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Shareholder Q&A

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