#1informa 2022 Full-Year Results Strong Operating Performance, Increasing Shareholder Returns, Growth & Expansion 9 March 2023 www.informa.com Strength & Specialisation#2Disclaimer informa This presentation contains forward-looking statements concerning the financial condition, results of operations and businesses of the Group. Although the Group believes that the expectations reflected in such forward-looking statements are reasonable, these statements are not guarantees of future performance and are subject to a number of risks and uncertainties and actual results, performance and events could differ materially from those currently being anticipated, expressed or implied in such forward-looking statements. Factors which may cause future outcomes to differ from those foreseen in forward-looking statements include, but are not limited to, those identified in the "Principal Risks and Uncertainties" section of the Group's Annual Report. The forward-looking statements contained in this presentation speak only as of the date of preparation of this presentation and the Group therefore cautions against placing undue reliance on any forward-looking statements. Nothing in this presentation should be construed as a profit forecast. Except as required by any applicable law or regulation, the Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this presentation to reflect any change in the Group's expectations or any change in events, conditions or circumstances on which any such statement is based. This presentation does not constitute or form part of any offer or invitation to purchase any securities of any person nor any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any such securities. 2022 Full-Year Results Presentation Information Classification: General 2#3Today's Presenters Stephen A. Carter Gareth Wright Group Chief Executive Group Finance Director 2022 Full-Year Results Presentation Information Classification: General informa Max Gabriel Gary Nugent President, IIRIS CEO, Informa Tech 3#4Strength & Specialisation Knowledge & Information Economy Specialist Brands Peer Reviewed Research Open Research T Specialist Market Research First Party Data Advanced Learning Specialist Media Live Experiences Pay-to-Read Lead Generation ID gl Content Syndication On-Demand Access Pay-to-Publish Digital Demand Generation Audience Development 4#5informa Academic Markets & Knowledge Services Taylor & Francis Curate high quality, peer-reviewed research from leading experts Must have knowledge in Science Tech & Medical, Humanities & Social Sciences Consistent growth in Subscription Research and Advanced Learning Growth acceleration through Open Research Services. Target 4% p.a. From to Pay-to-Read to Pay-to-Publish and beyond Retained Investments Brand Norstella Equity 6.7% Lloyd's List Maritime 20.0% Curinos 56.2% Founder's Forum 22.3% Independent TV News 20.0% PA Media Group 18.2% Bridge Event Tech 14.9% 2022 Full-Year Results Presentation informa Connecting People, Connecting Knowledge, Connecting Ideas Must Have Products & Services B2B Market Return and Reinflation Low Capital Requirement, High Returns Recurring Revenues, Forward Visibility Working Capital Positive, Strong Cash Flow Consistent organic Investment FasterForward ESG Programme GDP+ Growth and Strong Margins Adjacent Market Expansion Large Subscription Base First Party Customer Data Balance Sheet Strength Proven M&A Approach Accelerating Shareholder Returns reased Connectivity Increased Value for Customers → Increased Dem GAP2 B2B Markets & Digital Services Live & On-Demand B2B Events • • • • • • informa connect informa markets Leading international player in Live & On-Demand B2B Events c.400 major specialist brands, serving 20+ growing specialist markets Delivering high value sales and marketing for B2B customers Double-digit near-term growth, strong margins Digitisation enhancing customer experience and customer value B2B Digital Services informa tech iris Market insight and market access for B2B technology customers Audience-led digital services: Specialist Market Research, Specialist Media, Audience Development, Lead Generation & Live Events Omdia: subscriptions-based Specialist Market Research for Tech $500m+ revenue, double-digit growth First Party Data: 15m+ KEMA 5 Information Classification: General#62022 Full Year Results Highlights informa 2022 Operating Performance 2022 results underline strength of specialist brands and subject categories, performance in research subscriptions and live events, and investment in Open Research and B2B Data and Digital Services • Underlying revenue growth of +31% and operating profit growth of +47% Increased Operating Margin, +2% (+200bpts) to 21.9% • Adjusted EPS +92% to 24.4p Strong growth in North America, the Middle East, ASEAN, Europe and Latin America No 1 position in Dow Jones Sustainability Index (Media Sector) for second consecutive year • GAP 2 Strategy • Active divestment of Informa Intelligence delivers portfolio focus and c.£2.5bn gross value (28x EBITDA) Further Open Research expansion through 300+ OA Journals and 40k+ OA articles at Taylor & Francis Strong growth through c.400 major brands in 20+ specialist markets, delivering high quality live experiences and digital services in Informa Markets and Informa Connect IIRIS first party data expansion to 15m KEMA and 1.8bn online interactions • Informa Tech: Specialist Research, Specialist Media, Audience Development and Lead Gen for B2B tech buyers, $500m+ revenues • • Balance Sheet Strength & Capital Allocation Relentless focus on cash management & cash conversion delivers £466m Free Cash Flow¹ Balance sheet strength...zero net debt² Dividend return...9.8p, ongoing commitment at 40%+ of earnings Share Buyback Programme increased to £1bn from £725m Organic investment in IIRIS Targeted Expansion: B2B Digital Services: Specialist Media, (Industry Dive), Content Syndication / Lead Generation (NetLine) for $500m+ (c.11x EBITDA on average) Live & On-Demand Events: Addition of Tarsus for $937m (sub-9x EBITDA) Strong operating performance, increasing shareholder returns, future growth and expansion 2022 Full-Year Results Presentation Information Classification: General 1 Continuing and Discontinued businesses 2 Net debt before leases#7The Informa Group 2023-2025 Academic Markets Taylor & Francis B2B Markets: Live & On-Demand Events informa markets informa connect informa GAP2 B2B Markets: B2B Digital Services informatech iris Growth performance in Pay-to-Read Subscriptions and Advanced Learning ⚫ Diversified offering through expansion and scale in Open Research Services Expand addressable market and create further growth opportunities ⚫ Digital discovery through enhanced SEO (500m+ annual sessions by 2025) • Underlying revenue growth of 4% post GAP 2 programme • Maximise the return and reflation of Live & On- Demand Events globally Develop and deliver the highest quality live B2B experiences Digitisation of events to drive increased customer utility and value Data collection, management and application at heart of value proposition Faster and higher quality underlying growth • Acceleration in First Party Data strategy through IIRIS Further expansion in Specialist Media and Audience Development Continuing development of Lead Generation service offering Extension of B2B Digital Services capabilities from Tech to other verticals Faster and higher quality underlying growth across diversified service offer Accelerated growth and higher quality revenues through diversified service offering 2022 Full-Year Results Presentation Information Classification: General 7#8ESG informa FORWARD AA MSCI ESG RATINGS A- 2022 rating FASTER ✓ CDP DISCLOSURE INSIGHT ACTION Faster to Zero No 1 Member of Dow Jones Sustainability Indices Powered by the S&P Global CSA Sustainability Inside 12 RESPONSIBLE CONSUMPTION United Nations Sustainable AND PRODUCTION Development Goals QO • • 13 CLIMATE ACTION 2022 rating CCC B BB BBB A Impact Multiplier 4 QUALITY EDUCATION 17 PARTNERSHIPS FOR THE GOALS 8 DECENT WORK AND ECONOMIC GROWTH 10 AA AA AAA REDUCED INEQUALITIES SUSTAINABLE CITIES 13 CLIMATE ACTION 11 AND COMMUNITIES Carbon NeutralⓇ Company certification for 3rd consecutive year Carbon Neutral® Publication certification for all T&F physical books & journals for 2nd consecutive year First certified Carbon NeutralⓇ Events Sustainable Events Fundamentals Programme embedded in c75% of B2B brand portfolio On track for Science Based Targets (55% reduction in Scope 1+2, 20% reduction in Scope 3 by 2030) 60%+ of Top 100 B2B event brands meet criteria for embedding high quality sustainability content into their programme; 300+ events are on the roadmap ⚫ 2,840 books and 7,761 journals linked to one or more of the UN SDGS ⚫ Launch of Routledge Open Research platform for Humanities & Social Sciences, expanding research distribution and access globally • Connecting the Disconnected: In 2022, 70,000+ people connected through T&F programmes and 30,000+ through our events who otherwise would not have had access Estimated $2.8bn of identified value created for host cities from 38% of our events portfolio Estimated £10.7m of value given to charities and community groups in 2022, including £220k from Informa's Walk the World programme No 1 in Sector Peer Group globally for second consecutive year in 2022 Dow Jones Sustainability Index 2022 Full-Year Results Presentation Information Classification: General 00#9GAP2 Investment for Growth informa Open Research Acceleration Submissions volume Next Gen Article Production Accelerated speed to market Smart Connections Media Specialist Media GAP2... Academic Publishing Tiers of Service Enhanced digital service quality IIRIS First Party Data Partnering One+ 365 day Online Partnering Smart Buy Multi-purchase Payments Smart Events Enhanced live experience Search Engine Optimisation T&F content discoverability & consumption Streamly Online Video 20+ Projects funded and in development 2022 Full-Year Results Presentation Information Classification: General Account Buyer Discovery Lead Generation 9#10informa GAP2 Targeted Expansion: Addition of Tarsus for $940m Strengthens leadership in B2B market with market-leading brands, exceptional talent and deep customer relationships Strong commercial, operational and cultural fit Reach and depth in Asia, the Middle East & Americas Potential to apply First Party Data strategy to Tarsus estimated KEMA of 1.8m Tarsus initial enterprise value of $940m, comprising cash and $210m of Informa equity, with two-year lock-up Additional earn-up of $45m if and when Informa share price reaches 850p during two-year lock-up Class 2 transaction, completion expected by 1 July 2023 Operating Synergies: c.$20m+ annualised: Real estate, procurement, technology, event contracts and other Acquisition multiple: 2024/2025 Average: Sub-9x EBITDA 2023/2024 Average: c.9.9x EBITDA Earnings Accretion (inc. operating synergies): 2025: High single digit EPS accretion 2024/2025 Average: Mid-single digit EPS accretion Return on Invested Capital (inc. fees and integration costs): 2025: Double-digit post-tax ROIC 2024/2025 Average: High single digit post-tax ROIC 2022 Full-Year Results Presentation Information Classification: General B2B Growth Acceleration through the addition of Hercules 10#11Informa + Tarsus: Highly Complementary Portfolios 160+ Brands in Attractive Specialist Markets Healthcare Beauty & Aesthetics Packaging Strong Geographic Alignment informa Tarsus estimated revenue by region 2023 11 acquisitions and 24 launches since 2019 change of ownership Significant biennial uplift in odd years Top 10 Brands expand Informa's Tier 1 portfolio to 85 HEALTH CONNECT PARTNERS PaiNweek. Infrastructure INTERTRAFFIC INFRASTRUCTURE CONNECT! Sustainability inter solar Mexico WindPower A+M South Beach Symposium medical comanology Aviation DUBAI AIRSHOW MEBAX™ SHOW Homewares HOMETEX Home Textiles Exhibition ZUCHEX HOME & KITCHENWARES FAIR LABELEXPO EUROPE LABELEXPO ASIA Fashion SIUF OFF PRICE Smarter Shows SPACE TECH EXPO THERMAL MANAGEMENT EXPO NORTH AMERICA Americas 49% Asia (inc Turkey) 25% Middle East 16% Europe 8% Other 2% 2022 Full-Year Results Presentation Information Classification: General Strong geographic and portfolio fit Tier 1 Brands • • • Leadership in market/region Brand strength & visibility International customer base Strong forward commitments Strong revenue growth Volume/Price/Ancillary Revenue scale of $5m+ 11#12Informa + Tarsus: The Combination Programme 1. Deliver 2. Discover 3. Combine A Combination Programme with three key objectives by January 2024 Maximise 2023 performance, minimizing disruption and distraction in key year for return, growth and acceleration of Live B2B Events informa Make growth-focused people, brand and business combination decisions Ensure the portfolios enter 2024 successfully, operating as one company under the Informa brand. Mark Temple-Smith* COO Informa Markets Executive Chair + HR: Hayley Friedman Finance: Owen O'Hagan Douglas Emslie Tarsus Chief Executive Senior Advisor to Informa PLC Tarsus ExCo 2022 Full-Year Results Presentation *Former CEO Asia at Tarsus Information Classification: General 12#132022 Full-Year Results Financial Performance & Capital Allocation Gareth Wright Group Finance Director ㄱ ㅈ. 1기 → >。 기기 기기 기기 기기 기기 ㄱ 기기 기 GAP2.71 13#142022 Full Year Results informa +32.8% Higher Reported Revenue +32.8% to £2,389m (2021: £1,799m) +37.7% Growth in Adjusted Operating Profit +37.7% to £535m (2021: £388m) £560m Accelerating Shareholder Returns Share buybacks £517m and ordinary dividends £43m +29.6% Accelerating Underlying Revenue Growth +29.6% vs +6.1% in 2021 58% Growing Adjusted Diluted EPS 26.4p (2021: 16.7p) (0.2) x Balance Sheet Strength Net debt/EBITDA (0.2)x i.e. net cash (2021: 2.8x) £466m Higher Free Cash Flow generation £466m (2021: £439m) Strong delivery of 2022 Revenue, Adjusted Operating Profit and Cashflow 2022 Full-Year Results Presentation Information Classification: General * Numbers are Continuing and Discontinued Operations 14#15Growth & Financial Delivery in FY 2022 2022 2021 £m £m Revenue 2,389.3 1,798.7 Adjusted Operating Profit 535.0 388.4 Adjusted Operating Margin 22.4% 21.6% Net adjusted finance costs (45.3) (67.8) Adjusted Profit before tax 489.7 320.6 Adjusting items 1,457.2 (183.5) Reported Profit before tax 1,946.9 137.1 Adjusted tax charge Effective tax rate Adjusted profit Non-controlling interest Adjusted EPS (diluted) 2022 Full-Year Results Presentation Information Classification: General informa • Higher Revenues Reported Revenue Growth of 32.8%, Underlying Growth of 29.6% Growth in Adjusted Operating Profit Reported Growth of 37.7%, Underlying Growth of 46.9% Improved Statutory Profit £1.7bn profit on divestment of Intelligence portfolio included within discontinued operations Increased Tax charge Higher adjusted profit and effective tax rate Lower Non-controlling interest (90.4) (54.5) • China partnerships 18.5% 17.0% 399.3 266.1 (13.3) (14.3) • 26.4p 16.7p Increased Adjusted Diluted EPS +58% year-on-year growth Fully Diluted Weighted Average Shares of 1,464m * Numbers are Continuing and Discontinued Operations 15#16informa Operating businesses delivering strong underlying growth 2022 2021 Reported Underlying £m £m % % Revenue Informa Markets Informa Connect Informa Tech Taylor & Francis 952.1 608.5 56.5 47.0 395.9 231.9 70.7 45.9 320.8 165.9 93.4 42.6 . 593.6 545.4 8.8 3.0 Group Continuing Businesses* 2,262.4 1,583.3 42.9 31.4 Discontinued Operations 126.9 215.4 (41.1) 5.8 Group Continuing and Discontinued Businesses 2,389.3 1798.7 32.8 29.6 Adjusted Operating Profit Informa Markets 171.5 67.4 154.5 154.3 Informa Connect 56.2 17.3 224.9 238.2 • Informa Tech 61.5 11.2 449.1 76.4 Taylor & Francis 207.1 204.1 1.5 (5.4) Group Continuing Businesses* 496.3 313.2 58.5 47.0 Discontinued Operations 38.7 75.2 (48.5) 45.4 Group Continuing and Discontinued Businesses 535.0 388.4 37.7 46.9 • Operating Margins % Informa Markets 18.0 11.1 Informa Connect 14.2 7.5 Informa Tech 19.2 6.8 Taylor & Francis 34.9 37.4 Group Continuing Businesses* 21.9 19.8 Discontinued Operations 30.5 34.9 Group Continuing and Discontinued Businesses 22.4 21.6 Academic Markets: Taylor & Francis • • • • Improving underlying revenue growth Strength in Pay-to-Read subscriptions & Advanced Learning Further progress in Pay to Publish GAP 2 investment reflected in operating margin B2B Markets: Informa Markets / Informa Connect Underlying revenue growth of over 40% Underlying profit growth of over 100% Robust return of Live & On-Demand Events ex-China 6%+ (600bpt) increase in operating margin B2B Markets: Informa Tech & IIRIS Strong growth and record ACVs in Specialist Research (Omdia) following investment in reach, brand and product Strong return in high value Live B2B Events IIRIS First Party Data expanded to 15m KEMA Expansion in Specialist Content / Audience Development (Industry Dive) and Syndicated Content / Lead Generation (NetLine) Discontinued operations • Consistent performance up to point of divestment * 2021 total for continuing businesses includes 'Other' businesses that were divested during 2021: Asset Intelligence, Barbour ABI, Barbour EHS Information Classification: General 16#17Accelerating Revenue and Profit Growth 2022 Continuing Revenue Growth (%) 31.4 -0.3 Underlying Growth Phasing 9.7 2.1 Acquisitions & Disposals Currency 42.9% Reported Growth 2022 Continuing Adjusted Operating Profit Growth (%) 12.6 47.0 0.5 -1.6 ◆ 58.5% Underlying Growth 2022 Full-Year Results Presentation Information Classification: General Phasing Acquisitions & Disposals Note: Numbers are for Continuing Operations Reported Growth Currency informa 17#18informa Relentless focus on cash management and cash conversion £439m £147m (£26m) (£66m) £9m (£31m) (£6m) £466m 2021 FCF EBITDA Capex Working Capital Interest Tax Other 2022 FCF Further Free Cash Flow Growth 2022 Full-Year Results Presentation Information Classification: General • • • 2022 Free Cash Flow Consistently improving growth at T&F Consistently improving growth in Live B2B Events Relentless focus on working capital 117% operating cashflow conversion GAP 2 investment for growth Higher profitability drives higher tax £466m 2022 Free Cash Flow (Continuing & Discontinued) 18#19Active choices deliver zero leverage by year-end £1,175m Net Debt* 2021 2022 Full-Year Results Presentation Information Classification: General Relentless focus on Cash Management and Cash Conversion Active divestment of Intelligence portfolio (Average 28x EBITDA for c.£2.5bn value) Targeted expansion into adjacent growth markets Specialist Media / Audience Development & Content Syndication / Lead Generation Efficient approach to accelerating Shareholder Returns 2022 Share Buyback: £517m @ 573p average / DPS: 9.8p at 40% of continuing adjusted EPS Zero leverage at year-end 2022 Balance sheet strength and flexibility informa £(19)m Net Cash* 2022 *Net Debt (Cash) before leases 19#20Debt strategy delivering long-term financing flexibility Debt maturities as at 31 December 2022 (Em) 1,600.0 1,400.0 1,200.0 1,000.0 800.0 600.0 400.0 200.0 EMTN RCF drawn RCF Undrawn¹ Bank 0.0 2022 2023 2024 2025 2026 2027 2028 informa Strong cash delivery and debt management: Debt refinancing through Covid removed all group financial covenants Managed pension position, with surplus of £49m Long-term debt strategy with average maturity of 3.1 years All debt secured on fixed rates (average gross cost of debt c.3.5%) Zero leverage at year-end 2022 Substantial liquidity of £3.2bn (Undrawn RCF and Cash balances) Covenant-free, fixed rate debt with long-term maturities and substantial liquidity 2022 Full-Year Results Presentation Information Classification: General 1Reflects extension to facility signed on 14 February 2023 20#21informa GAP2. Portfolio Focus: Divestment of Informa Intelligence informa intelligence Retained Investments Decision to divest of Intelligence portfolio delivered portfolio focus and c.£2.5bn gross divestment value at an average multiple of 28x 2021 EV/EBITDA Pharma Intelligence (Citeline) for £1.8bn Maritime Intelligence (Lloyd's List) for £377m Fund Flow Intelligence (EPFR) for £165m Post-tax cash proceeds of c.£1.9bn, plus ongoing equity interests Brand Norstella Curinos Founder's Forum Category Pharma Intelligence Equity Interest 6.7% Lloyd's List Maritime Maritime Intelligence 20.0% Retail Banking Intelligence 56.2% Live & On-Demand B2B Events 22.3% & B2B Communities Creative Content Production 20.0% Specialist Media & News Services 18.2% Bridge Events Technologies On-Demand Event Tech 14.9% Independent Television News PA Media Group Increased focus, strengthened balance sheet, embedded value 2022 Full-Year Results Presentation Information Classification: General 21 21#22• GAP2 Accelerating Shareholder Returns Share Buyback Programme launched on 14 February 2022 Commitment raised to £725m through 2022 and to £1bn in March 2023 • • . 100m+ shares repurchased and cancelled at average price of 584p £589m completed to date with programme likely to run to end 2023 Represents >50% of post tax cash proceeds from divestment • Ordinary dividend restarted at the 2022 Interim Results 9.8p full year dividend per share • Commitment to 40% payout of continuing adjusted earnings Strong double digit dividend growth for 2023 Total Shareholder Returns 2022: £550m+, 2023: £600m+ expected 2022 Full-Year Results Presentation Information Classification: General informa £1bn 9.8p DPS 22 222#23informa 2022 Full-Year Results Strong Operating Performance & Continuing Strategic Progress Stephen A. Carter Group Chief Executive 2022 Full-Year Results Presentation 23#242021-2024 Growth Acceleration Plan 2 GAP2 GAP Portfolio Focus GAP Digital & Data informa GAP Leadership & Talent GAP Investment GAP Shareholder Returns GAP Faster Forward Market Specialisation Divestment of Informa Intelligence portfolio for c.£2.5bn (c.$3bn) at blended multiple of 28x 2021 EV/EBITDA 6.7% equity interest retained in Norstella (Pharma) 20% equity interest retained in Maritime Intelligence Digital Acceleration Continuing expansion in Open Research IIRIS data and analytics platform embedded in 90%+ of brand portfolio NetLine and Industry Dive, product launches in 2023 Informa Tech $500m+ leader in audience-led B2B digital services for tech industry Enhanced Talent Digital talent development programmes in Informa Markets and Informa Tech Group-wide Data-Driven Journey education programme Digital and data talent acquisition programme Investment for Growth £150m of incremental investment in digital acceleration projects 20+ projects funded to date including First Party Data (IIRIS), Specialist Media and Open Research expansion Improving Returns Share Buyback Programme increased to £1bn, over half the post-tax cash proceeds from divestment Ordinary dividends restarted 9.8p for 2023, with commitment to minimum.40% of adjusted earnings Sustainable Practices No 1 in Media Sector globally in 2022 Dow Jones Sustainability Index for 2nd consecutive year Continued expansion of sustainable practices in all businesses through FasterForward programme 2022 Full-Year Results Presentation Information Classification: General 24#25The Informa Group 2023-2025 Academic Markets Taylor & Francis B2B Markets: Live & On-Demand Events informa markets informa connect informa GAP2 B2B Markets: B2B Digital Services informatech iris Growth performance in Pay-to-Read Subscriptions and Advanced Learning ⚫ Diversified offering through expansion and scale in Open Research Services Expand addressable market and create further growth opportunities ⚫ Digital discovery through enhanced SEO (500m+ annual sessions by 2025) • Underlying revenue growth of 4% post GAP 2 programme • Maximise the return and reflation of Live & On- Demand Events globally Develop and deliver the highest quality live B2B experiences Digitisation of events to drive increased customer utility and value Data collection, management and application at heart of value proposition Faster and higher quality underlying growth • Acceleration in First Party Data strategy through IIRIS Further expansion in Specialist Media and Audience Development Continuing development of Lead Generation service offering Extension of B2B Digital Services capabilities from Tech to other verticals Faster and higher quality underlying growth across diversified service offer Accelerated growth and higher quality revenues through diversified service offering 2022 Full-Year Results Presentation Information Classification: General 25#26B2B Growth Acceleration via adjacent market expansion • ° c.60% Live B2B Events c.13% Specialist Media c.10% Marketing Serv. ⚫ c.9% Specialist Market Research C.8% Other c.$300m Revenue 2018 informatech Expansion into data-driven Audience-Led Services Specialist Market Research, Specialist Media, Specialist Training, Audience Development, Content Syndication, Lead Generation, Digital Demand Generation Omdia: leading source of subscription-based Tech insight Geographic expansion, product investment, customer management, marketing excellence High Value Live B2B Event Brands Black Hat, Enterprise Connect, Game Developer Conference, LEAP Combination and Creation Specialist Market Research (Omdia), Specialist Media (Informa Connect TMT), Live B2B Events (UBM Tech), Audience Development (Industry Dive) and Lead Generation (NetLine) First Party Data through IIRIS Investment in B2B customer data and analytics engine $500m+ business in B2B Digital Services for Technology buyers 2022 Full-Year Results Presentation Information Classification: General ° ° informa c.20% Specialist Market Research c.35% Specialist Media .c.10% Audience Dev. / Lead Generation .c.35% Live B2B Events $500m+ Revenue iiris 2023 26#27IIRIS (First Party Data): Building a First Party Data platform iris LIVE AND ON- DEMAND EVENTS blackhat FIME CPHI Natural Products EXPO WEST® IOT WORLD TMRE SPECIALIST CONTENT 100M+ Contacts BRANDS AVIATION WEEK NETWORK FarmProgress Natural DARKReading Products INDUSTRY DIVE 2019-2020 Information Classification: General Passport Insights iiris Recommend Segment 1BN+ Audience Interactions 100M+ Unknown Audience </> 10M+ Known, Marketable, Engaged Audience (KEMA) 2021 Building a proprietary B2B Customer Data and Analytics Engine was a strategic intent 27#28iiris IIRIS (First Party Data): Accelerating growth in first party audience data !! 1BN+ Audience Interactions B2B Customer Data and Analytics Engine 1.8BN Audience Interactions 100M+ Unknown Audience </> 10M+ Known, Marketable, Engaged Audience (KEMA) Jan 2022 Information Classification: General Passport Insights iiris Recommend Segment 400M+ Unknown Audience </> 17M+ Known, Marketable, Engaged Audience (KEMA) Every new addition to the business further amplifies the value of IIRIS Mar 2023 28#29iiris IIRIS (First Party Data): Amplifying value across B2B Markets Marketing our own products better Marketing our clients' products better Launching new products Live & On- Demand Events CPHI 8.5% Increase in registration INDUSTRY DIVE ( 400k+ B2B Services New Subscribers added Information Classification: General CPHI €500k New digital revenue ALCHEMY 200k Scored Leads Delivered informa engage 67k+ Marketing programs enabled NetLine 1.8Bn Interactions analysed IIRIS as a full service B2B Customer & Data Analytics Engine 29#30informa tech informatech Leading provider of Specialist Market Insight and Market Access to the Tech industry >$500m Revenue run rate (60% Digital) 1700+ Specialist Market Experts 20+ Countries >10% CAGR 2023-2025 Revenue OMDIA >40 Specialist Market Research Digital media brands 22-25% 2023-2025 EBITDA Commanding a (KEM) Audience of 6m+ decision makers and influencers. 15+ Major Live B2B Event franchises blackhat NetLine BIOPHARMA DIVE LEAP Light Reading enterprise CONNECT GOC Sitting at the heart of a thriving Known, Engaged, Marketable Audience of over 6m LONDON TECH WEEK 2022 Full-Year Results Presentation Information Classification: General 30#31A new market, new budgets, new opportunities B2B Audience Development & Digital Demand Generation $11bn market in the US alone -$15b -$11b -$9b -$6b -$7b -$4b • Tech 2021 2024 Other 60% of B2B marketing spend Tech B2B marketing spend 30% 30% Audience Development Digital display Digital Demand Gen Live B2B Events Paid search 2022 Full-Year Results Presentation Information Classification: General 16% 14% 10% Long term market growth drivers The rise of B2B Marketing The digitisation of B2B Marketing (beyond Tech) The era of privacy and consent informa tech A fragmented landscape TechTarget FOUNDRY bombora D SWZD SPICEWORKS ZIFF DAVIS ❝sense LOGIC. MADISON G ΓΙΑ Z Anteriad TechnologyAdvice informa tech 31#32informa tech What it takes to compete and win in the market? TITY 1 A rich and proprietary source of 1st party audience data from engaged communities Industry Dive Specialist Media / Audience Development 17m+ / 1.8bn KEMA / Interactions 2 The ability to gather, cleanse & enrich the audience data to make it ready for use IIRIS 3 An engine to analyse and derive intent and audiences that are in-market NetLine First Party Data Syndicated Audience / Lead Generation 4 The marketing capability to activate audiences 5 The ability to effectively market and sell the service(s) 200+ Digital marketers 25k Campaigns 3k+ Clients 2022 Full-Year Results Presentation Information Classification: General 32 32#33informa tech 1 Industry Dive (Specialist Media / Audience Development) A rich and proprietary source of 1st party audience data Business audiences 13m+ reach 3m+ subscribers 74% Executive, Director, Managers 100% of Fortune 100 companies 2022 Full-Year Results Presentation Information Classification: General II Across 27 industries + L Highly engaged 24% daily open rate 45% opened within last 7 days 0.02% bounce rates 33#34informa tech 3 NetLine (Syndicated Content / Lead Generation) 2023 product innovation focused on intent From anonymous, general company- level insight... ...to known, in-market, buyer-level intent Launching Q2 2023 Drawing upon 1.8b proprietary 1st party interactions from IIRIS 20. Synthesising both Offline (B2B Events) and Online data Integrating Audiences from our open publisher network Offering self-service and client workflow integration 2022 Full-Year Results Presentation Information Classification: General Target the right prospect with the right message at the right time 34#35Informa Tech 2023-2028 informa $500m+ Revenue informatech Consistent double-digit underlying growth Targeted additions to strengthen capabilities Expansion beyond Tech vertical $1bn+ Revenue 2023 Growth and Acceleration First Party Data through IIRIS Full Service B2B customer data and analytics engine $1bn+ business in B2B Digital Services for Technology buyers...and beyond 2022 Full-Year Results Presentation Information Classification: General iiris 2028 35#36The Informa Group 2023-2025 Academic Markets Taylor & Francis B2B Markets: Live & On-Demand Events informa markets informa connect informa GAP2 B2B Markets: B2B Digital Services informatech iris Growth performance in Pay-to-Read Subscriptions and Advanced Learning ⚫ Diversified offering through expansion and scale in Open Research Services Expand addressable market and create further growth opportunities ⚫ Digital discovery through enhanced SEO (500m+ annual sessions by 2025) • Underlying revenue growth of 4% post GAP 2 programme • Maximise the return and reflation of Live & On- Demand Events globally Develop and deliver the highest quality live B2B experiences Digitisation of events to drive increased customer utility and value Data collection, management and application at heart of value proposition Faster and higher quality underlying growth • Acceleration in First Party Data strategy through IIRIS Further expansion in Specialist Media and Audience Development Continuing development of Lead Generation service offering Extension of B2B Digital Services capabilities from Tech to other verticals Faster and higher quality underlying growth across diversified service offer Accelerated growth and higher quality revenues through diversified service offering 2022 Full-Year Results Presentation Information Classification: General 36#37informa Academic Markets growth through Open Research Expansion . • • Taylor & Francis Robust performances in traditional Pay-to-Read Subscriptions and Advanced Learning High subscription renewal rates, continuing growth in digital formats and digital access (c.80% of total T&F revenue in a digital format) Accelerating shift from Pay-to-Read to Pay-to-Publish services Expands addressable market, increases growth opportunity. and improves quality of revenue Focus on subject categories where we have a strong presence, funding flows are increasing and research volume growing eg Psychology, Engineering, Education, Oncology Targeting the full life cycle of Knowledge Makers Ambiguous Funding Clear Funding Dynamic Static Data- centri Word- centric Impact Pay-To-Apply Instructor Usage Pay-To-In Outputs y-To-Impact 4% Content Driver Pay-To-Read Learner 1օտո- Researcher Pay-To-Publish Inputs Processing Target for 4% underlying growth post GAP 2 2022 Full-Year Results Presentation Information Classification: General 37 32#38informa Taylor & Francis Improving quality of earnings from diversified service offering Print v Digital 2025 18% 82% 2022 21% 79% 2017 31% 69% Institution v Retail Intermediaries v Direct 2025 76% 24% 2025 43% 57% 2022 72% 28% 2017 71% 29% 2022 53% | 47% 2017 77% 23% Product v Service 2025 76% 24% 2022 87% 13% 2017 97% 3% Librarian v Non-Librarian Market 2025 53% 47% 2022 58% | 42% 2017 59% 41% Researcher Services: Pay to Read v Pay to Publish 2025 64% 36% 2022 80% | 20% 2017 95% 5% 2022 Full-Year Results Presentation Information Classification: General 38#39informa B2B Growth Acceleration through Live & On-Demand Events 2022 40k+ Exhibitors 1.5m+ Attendees CATEGORY Healthcare Real Estate & Construction Luxury & Lifestyle Health & Nutrition Luxury & Lifestyle Fashion Healthcare Health & Nutrition Finance Healthcare FanExpo FanExpo Finance Technology Information Security BRAND Arab Health World of Concrete Miami Boat Show Natural Prod Expo West REVENUE LOCATION REVENUE EXHIBITORS ATTENDEES NET SQ. M vs 2019 Middle East £30m+ 2,300+ 44,000+ 39,000+ 75-80% North America £20m+ 1,000+ 19,000+ 59,000+ 85-90% North America £20m+ 650+ 85,000+ n/a >100% North America £40m+ 2,700+ 44,000+ 41,000+ 85-90% Ft Lauderdale Int Boat Show North America £20m+ 700+ 84,000+ n/a >100% August Magic CPhl Europe SupplySide West SuperReturn Intnl North America £15m+ 2,000+ 26,000+ 43,000+ 60-65% 87%+ Europe £50m+ 1,800+ 20,000+ 80,000+ 85-90% Europe £15m+ 1,000+ 15,000+ 20,000+ 90-95% revenue Europe £15m+ c.300 3,500+ 15,000+ >100% v 2019 BIO-Europe Megacon Orlando FANEXPO Canada Europe £5m+ 100+ 4,000+ 28,000+ 85-90% North America £5m+ 750+ 95,000+ 50,000+ >100% North America £5m+ 600+ 90,000+ 40,000+ >100% SuperInvestor LEAP Europe £5m+ 75+ 1,000+ 10,000+ >100% Middle East £10m+ 650+ 80,000+ 14,000+ Black Hat USA North America £50m+ 350+ 20,000+ 10,000+ n/a >100% 2023 to date 12k+ Exhibitors 450k+ Attendees Healthcare Real Estate & Construction Healthcare Luxury & Lifestyle Fashion Technology Real Estate & Construction Fashion Manufacturing Health & Nutrition 2022 Full-Year Results Presentation Information Classification: General Arab Health Middle East £40m+ 3,300+ 90,000+ 55,000+ >100% World of Concrete North America £20m+ 1,000+ 30,000+ 53,000+ 85-90% Medlab Middle East Middle East £10m+ 650+ 15,000+ 14,000+ >100% Miami Boat Show February Magic LEAP TISE North America £20m+ 600+ 90,000+ n/a >100% 95%+ North America £20m+ 1,700+ 25,000+ 48,000+ 70-75% Middle East £20m+ 850+ 100,000+ 19,000+ n/a revenue North America £10m+ 550+ 13,000+ 30,000+ 95-100% v 2019 February Coterie Anaheim North America £10m+ 1,200+ 10,000+ 18,000+ 75-80% North America £15m+ 1,600+ 34,000+ 29,000+ >100% Biotech Showcase North America c.£5m n/m c.3,000 n/m 95-100% * Total Exhibitor and Attendee numbers are for Top 50 brands in Informa Markets and all brands over £1m revenue in Informa Connect and Informa Tech; Total revenue versus 2019 reflects Live Events revenue for all brands outside of Greater China 39#40informa B2B growth acceleration through Partnerships in geographies and sectors Tahaluf - geographic markets = Tahaluf Alliance ⚫ Joint venture with Saudi Federation SAFCSP to bring world class events to the Kingdom to support goals of Vision 2030 • Black Hat Middle East and LEAP successfully launched to date ⚫ Further three brands in 2023 and three in 2024 • Powerful success of LEAP in year two: 170k visitors, c.700 speakers, c.900 exhibitors LEAP SmartCities, Sustainability, Energy and Decentralising Blockchain Beauty - sector markets Agreement with BolognaFiere and Professional Beauty Association to expand Beauty market in North America Four Premiere Beauty Expo's (Anaheim, Orlando, San Antonio, Columbus) and Cosmoprof North America (Las Vegas) ⚫ China Beauty Expo in China, Cosmoprof Asia in Hong Kong, Cosmoprof expansion to Bangkok, Mumbai, Shenzhen and Dubai • €25m investment in BolognaFiere Group JRL INE CRAFTSMANSHIP OVATIVE TECHNOL CHIBIOSIL COSMOPROF NORTH AMERICA LAS VEGAS Premiere Beauty Miroslav Kristina Polar Co-wy LEAP - February 2023 THE LEADIN B2B BEAUTY EVENT IN THE ANAS, DEDIC TO ALL SE ORS Strong track record of developing commercial partnerships to accelerate market and brand growth 2022 Full-Year Results Presentation Information Classification: General 40 40#41informa Progressive reopening in Greater China Positives: All cities removing restrictions, with domestic travel capacity returning Hong Kong / Mainland border open Maintained investment in Informa business through 2022/23 Customer demand illustrated through $150m of deferred revenue Cautions: Significant Inbound/Outbound visa backlog Shortened selling cycle in 2023 Event schedule disruption and bunching in 2023 Current high cost of air travel Planned Schedule Q1 2023 Q2 Q3 Q4 Infrastructure (Hotel & Shop Plus) Consumer Services (Hi Innovation Week) Lifestyle (Guzhen Lighting Expo) • Hospitality (China Clean Expo) • • Beauty (China Beauty Expo) Hospitality (Hotelex Shanghai, China Bakery Expo) Healthcare (CPHI, Medtech China, P-Mec China) Consumer Services (CBME) Infrastructure (Windoor) 20+ events Lifestyle (Furniture China Expo) Technology (CIOE, Elexcon) Maritime (Silk Road Ocean Expo) Infrastructure (World of Concrete Asia) Jewellery (Hong Kong Gem Fair) 10+ events Hospitality (Hotelex Shenzhen, FHC Shanghai GlobalFood Trade Show) Maritime (Marintec) Healthcare (Dentech China) Lifestyle (Guzhen Lighting Autumn Expo) Beauty & Aesthetics (Anti-Aging Medicine World Congress) Beauty (Cosmoprof Asia) 15+ events Major Brands c.10 events Progressive return in 2023, with full participation and return through 2024 2022 Full-Year Results Presentation Information Classification: General 41#42Guidance for 2023 Revenue: £2,750m - £2,850m Adjusted Operating Profit: £675m - £725m Operating Margin increase by 250bpts+ 2023 Market Guidance1 2023 operating ambitions: . Academic Markets further 3%+ underlying growth B2B Markets: Informa Markets / Informa Connect strong double-digit underlying growth B2B Digital Services: Informa Tech strong double-digit underlying growth • • Specialist Media / Audience Development... underlying growth, full year contribution and new Dive launches Content Syndication / Lead Generation...underlying growth, new product launch in H2 • Live & On-Demand Events...double digit underlying growth Growth and Acceleration in 2023: 20%+ Revenue, 35%+ Adjusted Operating Profit 2022 Full-Year Results Presentation Information Classification: General 1GBP/USD exchange rate of 1.25 informa 42#43The Informa Group GROWTH A strong and high performing business informa ACCELERATION Further strong growth in 2023, with full return in all businesses and regions from 2024 DIGITAL Scale, strength and further growth in B2B Digital Services for B2B Tech buyers STRENGTH Long-term covenant free, fixed-rate debt with significant flexibility RETURNS 2022 Full-Year Results Presentation Information Classification: General Disciplined capital allocation, balancing investment, expansion and shareholder returns Continuing Growth and Acceleration 43#44informa Appendix#45informa FASTER Faster to Zero FORWARD Accelerating sustainable change in our business and the specialist markets we serve. Moving faster to become a zero waste and net zero carbon business. Sustainability Inside A Impact Multiplier Embedding sustainability inside every one of our brands to help our customers accelerate sustainable development in their specialist markets. Multiplying the positive impact we create when we improve access to knowledge, help people connect more efficiently and invest in our communities. FASTER FORWARD CORE COMMITMENTS: 1. Become carbon neutral as a business and across our products by 2025 4. 5. Embed sustainability inside 100% of our brands by 2025 Help and promote the achievement of the UN's 2. Halve the waste generated through our products and events by 2025 Sustainable Development Goals through our brands 7. 3. Become zero waste and net zero carbon by 2030 or earlier 2022 Full-Year Results Presentation Information Classification: General 6. Enable one million disconnected people to access networks and knowledge by 2025 Contribute $5bn per year in value for our host cities by 2025 8. Contribute value of at least 1% of profit before tax to community groups by 2025 9. Save customers more carbon than we emit by 2025 45#46Taylor & Francis informa Taylor & Francis publishes peer-reviewed scholarly research and specialist reference-led academic content across subject areas within Humanities & Social Sciences and Science, Technology and Medicine. It is recognised internationally through its major publishing brands such as Taylor & Francis, Routledge, CRC Press and Dove Medical Press £594m Revenue in 2022 £207m Adj. Op. Profit in 2022 c.25% Group Revenue in 2022 c.26% Continuing Revenue 3% Underlying Growth in 2022 2,600+ Colleagues Revenue by type 2022 Electronic Print 2022 Full-Year Results Presentation Information Classification: General Revenue by vertical 2022 Humanities & Social Science Science, Technical & Medical Revenue by region 2022 UK North America Cont. Europe China (incl. Hong Kong) Middle East Rest of World 46#47Informa Markets informa Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Through more than 250+ major B2B brands, we provide opportunities to engage, experience and do business vial face-to-face exhibitions, specialist digital content and actionable data solutions £952m Revenue in 2022 £172m Adj. Op. Profit in 2022 c.40% Group Revenue in 2022 c.42% Continuing Revenue 47% Underlying Revenue Growth in 2022 3,900+ Colleagues Revenue by type Revenue by vertical 2022 Exhibitor Marketing Services Sponsorship 2022 Attendee Subscriptions Unit Sales 2022 Full-Year Results Presentation Information Classification: General Healthcare & Pharma Health & Nutrition • Infrastructure, Construction & Build. Fashion & Apparel Maritime, Transport & Logistics Manufacturing, Machinery & Equip. Beauty & Aesthetics Jewellery Hospitality, Food & Beverage . Aviation Other Revenue by region North America Cont. Europe 2022 UK China (incl. Hong Kong) Middle East Rest of World 47#48Informa Connect informa Informa Connect is a live events, digital content specialist, connecting professionals with knowledge, ideas and opportunities. With more than 400+ brands in over 30 countries, it has particular strength in Life Sciences and Finance £396m Revenue in 2022 £56m Adj. Op. Profit in 2022 46% Underlying Revenue Growth in 2022 Revenue by type 2022 Attendee Subscriptions • Sponsorship Exhibitor Marketing Services Unit Sales 2022 Full-Year Results Presentation Information Classification: General Revenue by vertical 2022 c.17% Group Revenue in 2022 c.18% Continuing Revenue Healthcare & Pharma Finance Leisure Property Industrial Tax, Law & Accounting Other Revenue by region 1,500+ Colleagues North America Cont. Europe 2022 UK China (incl. Hong Kong) Middle East Rest of World 48 48#49Informa Tech informa Informa Tech informs, educates and connects specialist Technology communities around the world. Through more than 25+ major B2B brands, we provide world-class research, training, events and media for customers to engage, learn and be inspired to create a better digital world. £321m Revenue in 2022 £62m Adj. Op. Profit in 2022 c.13% Group Revenue in 2022 c.14% Continuing Revenue 43% Underlying Revenue Growth in 2022 1,500+ Colleagues Revenue by type Revenue by tech sub-vertical 2022 Attendee Exhibitor • Subscription 2022 • Sponsorship Marketing Services Unit Sales 2022 Full-Year Results Presentation Information Classification: General Enterprise IT Security Service Providers Gaming, Media & Entertainment ΑΙ • Components & Devices Other (incl. Netline and Industry Dive) Revenue by region North America Cont. Europe 2022 UK China (incl. Hong Kong) Middle East Rest of World 49#50Tax Summary (Continuing Operations) informa 2022 2022 Tax ETR £m £m % 168.8 26.7 Reported Profit Before Tax from continuing operations Adjusted for: Intangible asset amortisation Benefit of goodwill amortisation for tax purposes only Impairment intangibles and goodwill 275.3 63.4 (13.1) 6.9 1.5 Impairment - IFRS 16 right of use assets (0.1) 0.3 Impairment property and equipment (0.7) (0.1) Acquisition costs and integration costs 22.0 3.7 Restructuring and reorganisation costs (1.6) (0.1) Onerous contracts and other one-off costs associated with COVID-19 4.7 1.1 Subsequent remeasurement of contingent consideration 5.7 Profit on disposal of subsidiaries and operations (11.6) Investment Income (19.7) (2.5) Finance Costs 1.3 0.3 Adjusted Profit Before Tax from continuing operations 451.0 81.2 18.0 2022 Full-Year Results Presentation Information Classification: General 50#51informa Cash Flow Summary Adjusted operating profit from continuing operations Depreciation of property and equipment Depreciation of right of use assets Software and product development amortisation Share-based payments Loss on disposal of other assets Adjusted share of joint venture and associate results Adjusted EBITDA from continuing operations Net capital expenditure Working capital movement 2022 2021 £m £m 496.3 313.2 11.7 12.7 24.8 24.2 35.2 31.6 17.5 15.0 0.3 0.1 (2.1) (3.0) 583.7 393.8 (67.5) (38.4) 65.3 144.7 Pension deficit contributions (6.9) (6.3) Operating cash flow from continuing operations 574.6 493.8 Restructuring and reorganisation (14.1) (29.4) Onerous contracts and one-off (payments)/receipts associated with COVID-19 (5.5) 13.9 Net interest (65.4) (74.4) Taxation (71.7) (41.6) Free Cash Flow from continuing operations 417.9 362.3 Free Cash Flow from discontinued operations 48.5 76.4 Free Cash Flow (from continuing and discontinued operations) 466.4 438.7 2022 Full-Year Results Presentation Information Classification: General 51#52Other Adjusting Items informa 2022 2021 £m £m Intangible amortisation and impairment Acquisition and integration costs Restructuring and reorganisation costs One-off insurance credit associated with COVID19 281.4 282.0 22.0 10.0 (1.6) 3.2 (23.6) Onerous contracts and one-off costs associated with COVID-19 4.7 9.7 Re-measurement of contingent consideration 5.7 3.8 VAT credit (6.3) Adjusting items in operating profit/loss from continuing operations 312.2 278.8 (Profit)/loss on disposal of subsidiaries and operations (11.6) (111.8) Investment income (19.7) Finance costs 1.3 Adjusting items in profit/loss before tax from continuing operations 282.2 167.0 2022 Full-Year Results Presentation Information Classification: General 2 52#53Currency Sensitivity USD The impact of a 1 cent movement in the USD to GBP exchange rate in 2022: Revenue Annual adjusted operating profit Annual adjusted earnings per share 2022 Full-Year Results Presentation Information Classification: General FY 2022 1.24 £13m £5m 0.2p Average Rates informa Closing Rates FY 2021 FY 2022 FY 2021 1.38 1.21 1.35 53#54Balance Sheet Summary Intangibles and goodwill Property and Equipment Rights of use assets (IFRS 16) Other non-current assets (excluding debt and leases) Current assets (excluding cash and leases) Deferred income (current) Other current liabilities (excluding debt and leases) Net lease liabilities Net debt (excluding IFRS 16) Other non-current liabilities (excluding debt and leases) Net Assets 2022 Full-Year Results Presentation Information Classification: General informa 31 December 2022 £m 31 December 2021 £m 8,853.0 8,600.6 47.9 41.5 208.0 199.3 405.5 75.1 496.6 386.5 (834.5) (725.5) (745.7) (594.5) (263.7) (259.5) 19.1 (1,175.1) (719.9) (502.5) 7,466.3 6,045.9 54#55Sponsored ADR Programme Informa ADRs trade on the US over-the-counter (OTC) market Symbol IFJPY ISIN US45672B305 Ratio Effective date Underlying ISIN Depositary Bank 1 ADR : 2 ORD 1st July 2013 JE00B3WJHK45 BNY Mellon For any questions relating to Informa ADRs, please contact BNY Mellon Damon Rowan Tel: +44 20 7163 7511 E-mail: [email protected] 2022 Full-Year Results Presentation Information Classification: General informa 55#56informa Thank you Informa.com