#1EQUIFAX 3Q23 Earnings Call October 19, 2023 3Q23#2Forward-looking Statements This presentation contains certain forward-looking information, including fourth quarter and full year 2023 guidance, to help you understand Equifax and its business environment. All statements that address operating performance and events or developments that we expect or anticipate will occur in the future, including statements relating to our future operating results, improvements in our IT and data security infrastructure, the expected financial and operational benefits, synergies and growth from our acquisitions, our strategy, our long-term financial framework, changes in the U.S. mortgage market environment, as well as changes more generally in U.S. and worldwide economic conditions, such as rising interest rates and inflation, and similar statements about our financial outlook and 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 our historical experience and our present expectations or projections. These risks and uncertainties include, but are not limited to, those described in our 2022 Form 10-K and subsequent 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. EQUIFAX PROPRIETARY | 2#3Non-GAAP Disclosure Statement This presentation contains certain non-GAAP financial measures, including adjusted EPS and adjusted EBITDA, which reflect adjustments for certain items that affect the comparability of our underlying operational performance. Adjusted EPS is defined as net income adjusted for acquisition-related amortization expense, legal expenses related to the 2017 cybersecurity incident, fair value adjustment and gain on sale of equity investments, foreign currency impact of certain intercompany loans, acquisition-related costs other than acquisition amortization, income tax effect of stock awards recognized upon vesting or settlement, Argentina highly inflationary foreign currency adjustment, realignment of internal resources and other costs, gain on settlement of Canada pension plan, and adjustments to deferred tax balances. Adjusted EBITDA is defined as consolidated net income attributable to Equifax plus net interest expense, income taxes, depreciation and amortization, and also excludes certain one-time items. Local currency is calculated by conforming the current period results to the comparable prior period exchange rates. Local currency can be presented for numerous GAAP measures, but is most commonly used by management to analyze operating revenue without the impact of changes in foreign currency exchange rates. Organic revenue growth is defined as revenue growth, adjusted to reflect an increase in prior year Equifax revenue from the revenue of acquired companies in the prior year period. This adjustment is made for 12 months following the acquisition. Organic non-mortgage revenue growth is defined as revenue growth within our non-mortgage verticals adjusted to reflect an increase in prior year Equifax revenue from the revenue of acquired companies in the prior year period. This adjustment is made for 12 months following the acquisition. These non-GAAP measures are detailed in reconciliation tables which are included with our earnings release and are also posted at www.equifax.com under "Investor Relations/Financial Results/Non-GAAP Financial Measures." EQUIFAX PROPRIETARY | 3#4EFX executing in tougher mortgage market... Non-mortgage revenue up 11% total / 7% organic, EBITDA margins expanded over 60 BPs 3Q Revenue $1.32B... Revenue below guidance range due to continued weaker US mortgage and negative FX impact... Outperforming underlying markets from commercial execution, new products, records, and pricing Strong Non-mtg revenue up 11% total / 7% organic versus 20% growth last year Mortgage market approx $22 million below 3Q framework... EWS outperformed market by -22 points, USIS by ~33 points 3Q NPI Vitality Index 15%, EFX record and above 10% goal... NPIs leveraging new EFX Cloud 60 BP margin expansion to 33.3% and $1.74 EPS excl. BVS, in-line with guidance... Strong Cloud cost savings offset impact of weaker mortgage market Resetting 4Q guidance for further 22% decline in mortgage inquiries and FX offset by Brazil... down $33M from July framework Accelerate Innovation and New Products Leverage Equifax Cloud Capabilities Expand Differentiated Data Assets ☆ Put Customers and Consumers First Execute Bolt-on M&A Continue Leadership in Security Act as One Team, One Equifax STRATEGIC PRIORITIES 3Q Revenue in-line with July framework excluding $28M mortgage market decline and FX... EPS in-line from strong Cloud cost savings EQUIFAX Note: Adjusted EBITDA margin excluding EFX Brazil was +60 bps sequentially. Adjusted EBITDA margin on reported basis was +40 bps sequentially. PROPRIETARY | 4#5Strong 11% EWS Non-mortgage Verifier growth off tough 72% comp driven by strong 23% Government performance and TWN record growth Continued Mortgage Outperformance 23% 24% 21% 20% 22% 3Q22 4Q22 1Q23 2Q23 3Q23 Verifier Non-mtg up 11% off 72% in 3Q22 ✓ TWN records up 12%, 163M current, 641 M total Signed four new payroll provider arrangements in 3Q... 21 signed since 2022, 27 signed since 2021 Government up 23%, Talent up 6%, Consumer Lending down -8% Increase revenue per transaction through new products and increasing data depth and coverage ✓ Expanding system-to-system integrations Total US Records Total Verifier 72% Non-mtg Growth 163M Active +12% 146M Active +16% 126M Active +13% 111M Unique 584M Total 121M Unique 641M Total 97M Unique 510M Total Organic 38% 23% 23% 16% 16% 4% 4% 3Q22 4Q22 1Q23 2Q23 11% 11% 3Q23 3Q21 3Q22 3Q23 TWN records up 12% to 163M Active, 121M Unique, 641M Total EQUIFAX 1. EWS Mortgage Outperformance measured as the revenue growth generated from growth in TWN records and changes in product, price, mix. PROPRIETARY | 5#6EWS Non-mortgage revenue up +11% off 40% comp in 3Q22... Strong 23% Government growth EWS Revenue $2,035M $2,325M $596M +39% +14% -8% $583M -4% $577M 3Q23 Strong Gov't Offset by Macro +3% Non-mortgage +38% +42% +11% +4% +11% Mortgage +41% -18% -38% -20% -15% 2021 2022 1Q23 2Q23 3Q23 Non-Mortgage 54% 67% 73% 71% 75% as % of Revenue EQUIFAX Verifier revenue +1% total ✓ Non-mortgage +11% total • Government +23% • Talent +6% • Consumer Lending -8% Mortgage -15%, with 22 pts of Mortgage Outperformance Employer revenue up +13% total, +9% organic ✓ 19 / Onboarding +25% / +17% Organic ✓ UC +1% Non-mortgage (total) +11% / +10% organic EWS delivering 51% Adjusted EBITDA margins in a challenging mortgage market PROPRIETARY | 6#7Strong 10% USIS Online B2B Non-mortgage growth Total 16% Inorganic 6% USIS B2B Non-Mortgage Revenue Growth 10% 8% 8% 4% 7% 4% 5% 4% 6% Organic 5% 10% 2% 2% 6% 4% 4% 3% 3% 3% 2021 2022 3Q22 4Q22 1Q23 2Q23 3Q23 3Q23 USIS Online B2B Non-mortgage Remains Strong ✓ B2B non-mortgage up +8% / +4% organic Online B2B non-mortgage up +10% / +6% organic 3Q23 strong double-digit growth in Commercial, Banking & Lending Offline / Batch down -1% Consumer Solutions up +12% Mortgage +4% vs US inquiries -29% EQUIFAX USIS 34% Adjusted EBITDA margins up 10 BPS PROPRIETARY | 7#8Strong 12% INTL growth led by LATAM Constant Currency Revenue Growth 12% 10% 17% 12% 9% 9% 7% 9% 3% Key Growth Areas ✓ EFX Cloud-enabled innovation ✓ Differentiated data and insights NPI acceleration across INTL platforms, particularly LatAm BVS Global platforms in local markets ✓ Bolt-on M&A to strengthen portfolio... Boa Vista (Brazil) Europe Canada 2021 2022 3Q22 4Q22 1Q23 2Q23 3Q23 11% 6% 6% 6% 11% 4% 2% Asia Pacific 6% 14% 24% 3% (4%) (2%) (2%) 12% 6% 12% 7% 8% 8% <1% 15% 29% 34% 31% 32% 23% 62% 10% 12% 17% 9% 9% 7% 12% 9% 11% 15% 8% 8% 7% 3% 28% 26% 27% 26% 24% 24% 26% LatAm (3Q23 excluding Brazil +21%) Total Organic C$ Adj. EBITDA $/% INTL 26% Adjusted EBITDA margins up +200 bps sequentially EQUIFAX Note: Constant currency growth rates. PROPRIETARY | 8#9Strong 7% Non-mortgage organic growth off 13% comp in 3Q22... Strong EWS Government, USIS revenue growth EFX Non-Mortgage C$ Revenue Growth 20% 20% 18% Total Organic 12% 13% 13% 13% 11% 8-12% 10% EFX LT Growth BVS 3% 10% Framework 6% 8% 7% 4% 2021 2022 3Q22 4Q22 1Q23 2Q23 3Q23 Non-mortgage C$ revenue growth accelerating in 2H23... strong EWS Government growth EQUIFAX Note: Growth rates are in constant currency. PROPRIETARY 9#10Record 15% NPI Vitality Index... 500 BPs above 10% LT Framework... ~30 NPIs in Quarter Vitality Index and NPIs 1700 Mortgage 9% 1% Non-mtg 8% 13Q 15% ~14% ~1% 13% 1% -13% 12% 10% LT Goal Total NPIs 2021 151 2022 113 2023 (Guidance) 3Q Product Roll-Outs • Specialty Finance Exchange (USIS) - Develops foundation for creating more financially inclusive products with greater coverage through use of nontraditional sources (DataX & Teletrack) • BusinessConnectTM for Marketing (USIS) - affords both a US and Global marketplace to cultivate leads and accounts with industry best search and ~40k new businesses added weekly • Market Intelligence (INTL - UK) - transactional data collected through Open Banking is categorized, anonymized and aggregated to derive insights on purchasing trends at the market level • Electoral Roll Search (INTL - ANZ) - Customers that have an AML/CTF obligation can access a government hosted data source for verifying name, DOB and address of Australian citizens. • Commercial Risk Band Score (INTL - ANZ) - Service to enable third-party SaaS providers for SMB market to return PRS Risk Bands to their customers and customer's customers 2023 New Products ~30 NPI in 3Q -85% of New Product Revenue from Non-mortgage NPIS EQUIFAX 1. Vitality index is percentage of revenue in a given year derived from new product releases over the prior three years and the current year. PROPRIETARY | 10#11BVS adding $160 million run-rate revenue in $2B Brazil market Estimated Brazilian TAM for BVS's Product Offerings EQUIFAX -$700M Credit Bureau Debt -$760M Renegotiation -$190M E-Commerce Anti-fraud EFX will accelerate BVS' Technology, Product, and Data Transformation EFX talent and processes Move to EFX Cloud, add Interconnect, Ignite, ID&F platforms Cloud will drive competitiveness, innovation, and new products Transfer products from LATAM and global capabilities ✓ Industry leading security capabilities Boa Vista slightly accretive to EPS in 2023 PROPRIETARY | 11#12Full year 15% 2015-2019 Average Level of Inquiries Number of Inquiries 1Q15 2Q15 2015 3Q15 4Q15 1Q16 2Q16 2016 3Q16 4Q16 1Q17 2Q17 3Q17 2017 12% -6% -8% 4Q17 YoY Growth -55% 51% 42%-41% 33% 20%-21% 21% 17% 16% -9% 13% 15% 2% 1% 1%. -2% -4% -7% -7% -12% -10% -10% -15% 1Q18 2Q18 3Q18 4Q18 2018 1Q19 2Q19 Expected Mortgage inquiries down additional 3 points from July Framework to - 34%... -$47M 4Q impact Mortgage Market Credit Inquiries 4Q23 Mortgage inquiries expected to be over 50% below historical levels 3Q19 EQUIFAX Note: EFX mortgage market inquiry assumptions that were provided in July 2023 had the following expectations: 3Q23 -(-23%), 4Q23 -(-4%), and 2023 -(-31%). PROPRIETARY | 12 2019 6.5% 4Q19 1Q20 2Q20 3Q20 2020 47% (-7.5%) 4Q20 1Q21 2Q21 3Q21 2021 4Q21 1Q22 2Q22 3Q22 2022 2023 (-37%) ~(-34%) 4Q22 21% -5% -21%-21%24.5% -33% 33(-29% (-22%) -41% -44% -54% 1Q23 2Q23 3Q23 4Q23 EFX 2023 Guidance Assumption#134Q23 Guidance Revenue¹ Adjusted EPS1 4Q 2023 $ vs 4Q 2022 % vs 4Q 2022 $1,307M - $1,327M $109M - $129M 9.1% 10.8%¹ $1.72 - $1.82/share $0.20 $0.30 / share 13.3% 19.9% Business Units Revenue Growth Rate Adj. EBITDA Margins (YTY) Guidance Specifics Workforce Solutions -8% ~50.5% Depreciation and amortization -$96M US Information Solutions ~4% -35% Amortization of acquired intangible assets ~$65M International -20%2 -30% Interest & Other expense / Other Income Effective tax rate ~$64M ~26% Equifax Adjusted EBITDA ~34% 1. 4Q23 FX based on October 2023 rates. FX impact is unfavorable to revenue by ~0.6%. Acquisitions benefit revenue in 4Q23 by -3.7%. 2. Figures in constant currency. Note: This slide contains forward-looking information, including 4Q23 guidance. Actual results may differ materially from our historical experience and our present expectations or projections. 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. EQUIFAX PROPRIETARY | 13#142023 Guidance 2023 Revenue¹ Adjusted EPS1 $5,246M - $5,266M $6.62 $6.72/share $ vs 2022 $124M - $144M % vs 2022 2.4% -2.8%¹ (-$0.94)-(-$0.84) / share (-12.5%) - (-11.1%) Business Units Revenue Growth Rate Adj. EBITDA Margins (YTY) Guidance Specifics Workforce Solutions ~(-0.5%) ~50.5% Depreciation and amortization ~$365M US Information Solutions ~3% ~34.5% Amortization of acquired intangible assets ~$251M International ~12%² ~26.5% Interest & Other expense / Other Income Effective tax rate ~$233M -26% Equifax Adjusted EBITDA ~32% 1. 2023 FX based on October 2023 rates. FX impact is unfavorable to revenue by ~1.0%. Acquisitions benefit revenue in 2023 by ~2.3%. 2. Figures in constant currency. Note: This slide contains forward-looking information, including 2023 guidance. Actual results may differ materially from our historical experience and our present expectations or projections. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. EQUIFAX PROPRIETARY | 14.#15Strong 9% 2023 Non-mortgage growth in challenging mortgage market Delivered on 3Q Margin and EPS framework against challenging mortgage macro... Adjusted EPS and Adjusted EBITDA margins in-line with expectations... EBITDA margins +60 bp sequentially Strong 11% EWS Non-mortgage growth... signed 4 new payroll providers... reached 163M current TWN records up 2 million from 2Q23... ~25% Vitality Index... Adjusted EBITDA margins of 51% USIS B2B Non-mortgage growth of 8% / 4% organic... B2B Online non-mortgage up 10%... Adjusted EBITDA margins of 34%... focused on completing cloud migrations International up 12% C$... organic C$ +3%... strong performance in LATAM, UK CRA... NPI driving results... Expanding EBITDA margins Record 3Q Vitality Index 15%... above 10% LT goal... Cloud delivering benefits / NPI Accelerated Cloud cost savings and broader restructuring plan will deliver spending reduction of $210M in 2023 and over $275M in 2024 Reduced 4Q revenue outlook by $33 million from weaker mortgage market and FX offset by Brazil... 4Q Non-mortgage framework up strong 13% New EFX 8-12% LT Revenue Growth Strong EWS Growth... Approaching 50% of EFX Completing Cloud... Delivering NPI and Cost Benefits Accelerating FCF Accretive bolt-on M&A $210M spending reduction in 2023... over $275M in 2024 EQUIFAX Note: This slide contains forward-looking information, including 2023 guidance. Actual results may differ materially from our historical experience and our present expectations or projections PROPRIETARY | 15#16EQUIFAX PROPRIETARY | 16#17EQUIFAX powering the world with knowledge™ Trevor Burns • Investor Relations [email protected] Copyright © 2023, Equifax Inc. All Rights Reserved. Equifax is a registered trademark of Equifax Inc.#18EQUIFAX® Investor Relations October 2023#19Index The New EFX Workforce Solutions Overview Identity and Fraud Overview Supplemental Financial Information Glossary EQUIFAX Pages 20-33 34-37 38-41 42-56 57-60 PROPRIETARY | 19#20The New EFX EQUIFAX PROPRIETARY | 20#21The New Equifax... we are just getting started EFX Revenue Growth 17.0% 19.0% The New EFX Today Cloud-native Single Data Fabric Yesterday Technology Legacy Data Siloed New EFX Innovation Process-driven Agile, customer-driven 10.0% 8.5% NPI Sales-centric Product-centric 4.0% ~2.6% EWS #2 BU Largest business M&A Prior LTFF 2020 2021 2022 2023 LTFF Opportunistic 7-10% Revenue $4.1B $4.9B $5.1B -$5.3B 8-12% EBITDA % 36.2% 33.9% 33.6% -32% +50 bps EQUIFAX Faster growth, higher margins and free cash flow, higher returns Note: 2023 projections represent midpoint of the guidance range issued on 4/20/23. Additional detail regarding 2025 projections can be found in the 2021 Investor Day presentation found on our Investor Relations website. This slide contains forward-looking information, including 2023 guidance. Actual results may differ materially from our historical experience and our present expectations or projections. PROPRIETARY | 21 Security Compliance Culture Inward-focused Accelerated Industry-leading Customer-centric#22EFX Long Term Framework Long Term Financial Framework Organic revenue growth New EFX 7-10% LTFF Revenue Growth M&A contribution 1-2% EWS 13-15% USIS 6-8% INTL Total growth 8-12% 7-9% EBITDA % margin improvement +50 bps Cash EPS growth 12-16% Dividend yield ~1% EQUIFAX Annual shareholder return Faster growth, higher margins and free cash flow, higher returns Note: This slide contains forward-looking information. Actual results may differ materially from our historical experience and our present expectations or projections. 13-18% PROPRIETARY | 22#23The EFX Cloud EQUIFAX Real-time insights and decisions DO DATA & TECHNOLOGY Multi-data assets at scale CIT Faster and more efficient products to market al Improved speed and performance Always-on stability (8) Built-in security PROPRIETARY | 23#24EFX Transformation to Cloud Native on Track TECHNOLOGY Remediation and transformation strategy Build out core infrastructure Migrate data, products, and customers Migrations, decom, and new capabilities Driving decom and enabling new markets & products Enabled rapid global product development Robust NPI pipeline with faster path to revenue 2018 2019 2020 2021 2022 2023 2024 Focused on the Core PRODUCT EQUIFAX Product rationalization showing value Global platforms deployed and growing NPIs Embracing Product discipline and increasing NPI revenue Scaling EFX cloud product innovation funnel with VOC Optimizing product commercial- ization & channel distribution Advancing Product led strategy and investment PROPRIETARY | 24.#25A Robust Foundation for Comprehensive Solutions Insights are Created Through Connected and Differentiated Data Consumer Credit Traditional $$$ & Specialty GIE Finance Records Telco, Cable & Utility Unique National Data T Employment & Income Direct from Employers Consumer Consented Information Opt-in Bank Transaction & Utility Data Education & Credentials Degree, Graduation, & Professional Licensure Asset & Wealth Anonymous, Direct Measured Deposits & Investments Property & Valuation Wide-ranging National Data Set & Tools Consumer Demographic Multi-source Targeting & Segmentation Database Single-Source Verifications IRS Transcripts, & Identity Commercial Credit Financial Trade, Receivables, & Lease Records Commercial Marketing Small / Medium Business Profiles Auto Motor Vehicle Registration & Owner/Buyer Propensity Marketing Data EQUIFAX D Identity & Fraud Authentication, Known Fraud, Chargeback & Real-Time Transaction Data People-based Risk Incarceration, court, pharmacy Certain data is ingested into the Equifax environment, and curated, enriched, and purposed. Moving from over 70 data silos, multiple sources of data are organized into a seamless, globally-distributed Data Fabric with logical separation and governing rules. PROPRIETARY | 25#26Broadening Our Global Presence in Important Growth Markets UNITED STATES $$$ CANADA مالو UNITED KINGDOM OOOOOO Key Revenue Drivers $$$ Consumer Credit Commercial Credit Brazil LATAM $$$ Employment & Income Identity & Fraud Analytics Collections EQUIFAX $$$ IBERIA $$$ G= AUSTRALIA NEW ZEALAND ল० INDIA PROPRIETARY | 26#27A Strong Portfolio of Businesses 2022 Business Mix 2022 Vertical Mix Resellers 3% ID&F Other 2% International 2022 Revenue Growth (Constant $) 2022 Adjusted EBITDA Margin Healthcare 3% 12% 25.7% US Information Solutions -7% 36.8% Workforce Solutions 14% 51.3% Note: Figures may not foot due to rounding. EQUIFAX Corporate (Employers) 16% Government 9% 5% Financial 19% Telco 3% Commercial 5% Mortgage 24% Insurance 1% Auto 6% Retail 1% Consumer 4% PROPRIETARY | 27#28Workforce Solutions (WS) Accelerating growth through The Work Number expansion, advanced analytical solutions, and vertical expertise across direct and indirect channels 2022 Revenue Mix - $2,325M Focus Areas Data HUB Commercial <1% Healthcare 7% Financial 7% Grow active TWN records . Integrate alternative data assets into data hub 1-9 & Onboarding Grow adoption and usage across direct, partner, and digital channels • Launch new packages and solutions • Acquisitions Augment Employer Services Capabilities Acquire Unique Data Expand Geographically Corporate: Employer Services 21% Corporate: Talent Solutions 14% Note: Figures may not foot due to rounding. EQUIFAX Mortgage Mortgage 33% Increase Government 15% Auto 3% system-to-system integrations Increase penetration of closed loans • • • Government Optimize SSA payroll exchange Drive CMS penetration Expand State Contracts Talent Solutions • Launch enhanced, multi-data and industry-specific solutions • Drive VOE utilization and leverage ATS integrations EFX Cloud PROPRIETARY | 28#29EWS Long Term Growth Framework Organic Revenue Growth % Verifier Employer Services New EFX 2% 13-15% 4% 9-11% 3% ● 4% 2% Prior LTFF Markets Records Cloud & NPI Pricing & Employer Penetration Services ● New LTFF Note: Figures may not foot due to rounding. Prior LTFF as of August 2017. New EFX as of November 2021. EQUIFAX LTFF Growth Drivers The Work NumberⓇ record growth thru direct clients, strong partnerships and alternative data Growth in new verticals: Talent, Government Robust set of growth levers: hit rate, NPI, penetration, price-value Bolt-on M&A to broaden EWS Data hub and use case expansion PROPRIETARY | 29.#30US Information Solutions (USIS) Strengthen our foundation of assets and capabilities while investing in solutions and adjacencies that accelerate sustainable growth in existing and new markets 2022 Revenue Mix - $1,658M Other 2% Resellers ID&F 9% 6% Government 2% Insurance 3% Note: Figures may not foot due to rounding. EQUIFAX Auto 11% Financial 22% Telco 5% Commercial 8% Mortgage 25% Consumer 6% Focus Areas Growth in Core Markets • Drive Mortgage growth in core credit, digital mortgage, UDM and rental expansion • Fuel growth in Financial Institutions, Digital Identity; expand and mature Auto Propel Commercial market expansion, OneScore Market Leadership and database growth Building Emerging Businesses • Continue Non-Mortgage expansion in Digital Banking and FinTech; synergy opportunities with Kount & Midigator • Broaden Marketing Services product offerings Innovation Engine New Product Innovation... targeting 50 NPIs over two year period • Fuel growth from Kount & Midigator acquisitions... leverage best in class Al-driven fraud control services in digital payments and new account fraud; co-innovate in "account opening and ID verification space; vertical expansion in eCommerce and retail • Expansion of of wealth insights portfolio using IXI data • Data fabric driving multi-data asset products; leveraging cloud environment to expand Equifax Ignite and InterConnect PROPRIETARY | 30#31USIS Long Term Growth Framework 5-7% Organic Revenue Growth % New EFX LTFF Growth Drivers Enable the digital client experience: • "Say Yes More" and frictionless, personalized experiences ● • Be the leader in identity solutions New product innovation enabled by differentiated data and EFX cloud Accelerate commercial B2B growth • Above-market mortgage growth "Customer First" sales transformation 2-3% 6-8% -2% ~1% 2% Prior LTFF Markets ID & Fraud Cloud & NPI Pricing & Penetration New LTFF Note: Figures may not foot due to rounding. Prior LTFF as of August 2017. New EFX as of November 2021. EQUIFAX PROPRIETARY | 31#32International (INTL) Address customer needs through unique data assets to drive insights delivered via strategic technology platforms complemented by M&A for geographic and domain expansion 2022 Revenue Mix - $1,139M Reseller 3% ID&F Other 5% 8% Healthcare <1% Government 9% Financial 40% Data & Insights • Driving innovation with differentiated alternate data & exchanges • Deploying data fabric • Advanced Keying & Linking for better insights Focus Areas Consumer B2B • Global platforms enable risk, marketing, and identity solutions Digital enablement of the customer journey Innovate with BNPL, Open Banking, New-to-Credit Commercial B2B Data hub for credit, marketing, and other solutions • Strategic partnerships to accelerate growth • Verification solutions Insurance 2% Auto 4% Retail 3% Mortgage Consumer 3% 9% Note: Revenue mix based on reported figures. Figures may not foot due to rounding. EQUIFAX Telco Commercial 4% 9% Identity • Leverage global digital Identity authentication capabilities • Verification solutions for compliance / AML • Acquire unique data assets Debt Management • Debt Management & Recoveries (UK Private & Government) • Global Expansion of Cyber Financial via cloud-based product offering Consumer B2C • Drive financial literacy solutions • Drive subscription services for credit monitoring • Expand offerings to new regions PROPRIETARY | 32#33INTL Long Term Growth Framework 8-10% Organic¹ Revenue Growth % 2.0-2.5% LTFF Growth Drivers New EFX • EFX Cloud-enabled innovation • Differentiated data and insights 1.0-1.5% 7-9% 1.5-2.0% • NPI acceleration across INTL platforms 2.5-3.0% Regions • Global platforms in local markets range between Bolt-on M&A to strengthen portfolio 5-10% Prior LTFF Markets Cloud & NPI Price Penetration New LTFF Note: Prior LTFF as of August 2017. New EFX as of November 2021. 1. Organic excludes the impact of FX and acquisition. EQUIFAX PROPRIETARY | 33#34Workforce Solutions Overview EQUIFAX PROPRIETARY | 34.#35Unique Dual-sided Business Model Driving Growth Supply Networks Dual-sided Business Model Demand Networks 640M+ 2.9M TWN records Record contributors Employer services 00 Alliance partners Records via direct contributors Contributors -50% ~50% Records via 92% 770M+ contributors partner Real time incarceration coverage@ Incarceration and court records Insights and analytics EQUIFAX The Work Number Income ire Identity & Authentication www Employment Data Hub Workforce Solutions EQUIFAX Verification services JOB 500M+ ④三 TWN inquiries System-to-System Verifications API Education & Certification Unique Hubs Delivery channels Assets & Collateral Incarceration & Sanctions Helping people live their best! Web Portals 70M+ 90M+ New hires Government benefit recipients PROPRIETARY | 35#36Multiple Drivers for EWS Revenue Growth Number of Contributors (Thousands) EQUIFAX The Work Number 2,452 2,480 2,526 2,547 2,613 2,695 2,810 2,880 1,850 1,227 914 1,008 1,041 1,076 701 +0.3M increase 3Q23 vs. 3Q22 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 Number of Records (Millions) +17M increase 3Q23 vs. 3Q22 2023 Growth Drivers • TWN Record Growth • Penetration, more pulls • New Products / Use cases • Data Hub Expansion 136 136 144 146 152 156 161 163 105 105 112 114 113 119 125 III 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 121M Unique SSNs • M&A Integrations Over 70% BLS non-farm payroll EQUIFAX TWN stats do not include Pension PROPRIETARY | 36#37EWS Non-Mortgage Products and Trends 3Q23: $143M; +23% 3Q23: $117M; +6% 3Q23: $118M; +13% "A" Government Optimize Social Security Administration (SSA) Payroll Exchange, increase CMS penetration, and expand state contracts 4-Year CAGR 31% Talent Solutions Drive utilization and leverage new products based on industry needs 4-Year CAGR 60% www Employer Services Grow adoption of 1-9 & Onboarding products across direct, partner and digital channels 4-Year CAGR 13% $448 $150 2018 2022 Revenue ($M) EQUIFAX $429 $65 2018 2022 Note: Government and Talent Solutions include revenue from the acquisition of Appriss Insights, which closed in 4Q21. $279 $454 2018 2022 PROPRIETARY | 37#38Identity and Fraud Alternative Data EQUIFAX PROPRIETARY | 38#39EFX well positioned within $19B digital identity and fraud prevention market growing in high-teens annually Total Fraud, Risk & Authentication Market at $35B EFX + Kount & Midigator Addressable Market $19B* US $12B INTERNATIONAL $7B *Source: One World Identity (2020), Verified Market Research, IDC, TMR, BisResearch, GSMA, Statista. EQUIFAX 1 2 Digital Acceleration with Digital Signals - Kount's Identity & Fraud Solutions to increase approvals and convert more good customers faster through frictionless real-time identity insights while reducing the customers fraud / compliance risk exposure. Data Fabric/ Identity Foundry - Single Identity & Fraud global data repository to fuel EFX's entity graphs to improve product performance in a highly competitive marketplace. Facilitate global expansion into Canada, Australia, Latin America, and India. Foundational Building Blocks To Expand Into New 3 Verticals - Transforming and expanding our capabilities leveraging new data sources and digital signals, making it easier to do business via self service options. EFX + Kount & Midigator = New Opportunities / Verticals PROPRIETARY | 39#40ID Foundry will leverage Data Fabric to fuel Identity and fraud products with insights created from multi-domain data sources (Equifax + 3rd Party) EFX Data 3rd Party Data Feedback Data Consumer Consent Data EQUIFAX Keying & Linking (Key Append) IDentity Foundry Raw Data w/Key Meta Data (e.g. Match Score) Journal Data (By several views - personal key, address, email, etc...) Proposed Views Knowledge Graphs / associations) (relationships Trended Identity View Trended view by tuples of identity elements Various summary and aggregation views (e.g. counts) Kount Capabilities Interface Identity, Fraud, & Compliance D&A Ignite Internal Interface 1 Intrinsic Value Expanding data reach in features, capabilities, and products 2 Providing a standard way to organize and scale the data 3 Promoting a global Keying & Linking standard 4 Enabling faster product 5 build with standard feature views Products built on up to date data enabling instant insights PROPRIETARY | 40#41Kount & Midigator acquisitions and new product investment to fuel EFX identity and fraud growth Revenue Growth Trajectory ~$150M EQUIFAX Financial Highlights ~$215M ~$245M Digital capabilities revenue to grow ~2x driven by Kount & Midigator acquisitions and new products Global approach to identity and fraud will accelerate international adoption Projecting 20% growth in global ID&F business 2020 2021 2022 PROPRIETARY | 41#42Supplemental Financial Information EQUIFAX PROPRIETARY | 42#43Expanding TAM and Broadening Revenue Base EFX TAM Up 3x $49B Brazil US - Empl. Svcs /HR $2 US - Govt $4 US - Talent ID&F +$1.5B Non-Mtg Rev Since 2019 $5 $3.5B $19 $5.25B $5.1B $2.8B Non-Mtg $3.9B Non-Mtg $4.3B Non-Mtg Traditional Credit Bureau $17 Non-Mortgage Growth Levers EWS expansion into Talent, Government, 19/ Onboarding USIS Identity & Fraud accelerating New INTL markets driving growth in ID&F Accelerating NPIs Cloud native EQUIFAX 2019 2022 2023 Guidance PROPRIETARY | 43#44EFX more resilient and well positioned for potential recession EFX / EWS Revenue Growth 6% CC 19% $4.9B $5.1B EFX 5% -6% $2.3B EWS $1.9B $1.8B $1.8B $2.0B Recession Resilient $5.1B, +6% CC 46% $1.8B, +5% 5% 63% Recession Growth Levers 1. EWS growth... records, penetration, product, Employer, Talent, Government, UC 2. Cloud benefits... cost savings and share gains 3. NPI growth... cloud leverage, 13% Vitality Index 4. M&A... synergies kicking in ~54% 49% 0% $0.2B $0.3B $0.3B Growth 2007 2008 2009 2021 2022 -37% 37% 7% 7% -6% 10% (-1%) 2008 2022 14% 39% -14% EPS EWS Recession- Counter- Recession- impacted cyclical resistant EWS driving EFX resiliency... up from 16% of EFX in 2008 to ~45% and grew through 08/09 GFC EQUIFAX Recession-impacted: Financial (Intl Markets), Telco, Commercial/Consumer, Auto and Pre-employment. Recession-resistant: Financial (US Market), Mortgage (assumes normalized market), Gov't, Healthcare, Recovery Mgmt and ID&F. Counter-cyclical: Debt Mgmt, UC, ERC. PROPRIETARY | 44#45Q4 & FY23 Guidance - General Corporate Expense, Capital Spending, D&A, Interest Expense and Other Income and Expense, excluding non-recurring costs General Corporate Expense* - 4Q23 Expected to be $107M in 4Q23 compared to 4Q22 of $101 million General Corporate Expense* - 2023 Expected to be $477M in 2023. General corporate expense was $452 million in 2022 The increase in 2023 is primarily from higher variable compensation expense and higher depreciation and amortization. Capital Expenditures (incurred) in 4Q23 are expected to be slightly more than ~$130M, down from $163M in 4Q22. Capital Expenditures (incurred) in 2023 are expected to be about $580M, down from $617M in 2022 Depreciation and Amortization** in 4Q23 is expected to be $96M, up from $80M in 4Q22. Depreciation and Amortization** in 2023 is expected to be $365M, up from $323M in 2022. Amortization of acquired intangible assets in 4Q23 is expected to be $65M, up from $62M in 4Q22. Amortization of acquired intangible assets in 2023 is expected to be $251M, up from $237M in 2022. Interest & Other Income/ (Expense) in 4Q23 is expected to be $64M, up from $49M in 4Q22. Interest & Other Income / (Expense) in 2023 is expected to be $233M, up from $164M in 2022. *excluding non-recurring costs ** excluding amortization of acquired intangible assets EQUIFAX PROPRIETARY | 45#462020-2023 Effective Income Tax Rate The effective tax rate used in calculating our GAAP and Adjusted EPS is as follows: Adjusted EPS GAAP EPS FY 2021 1Q 2022 21.2% 23.6% 26.7% 25.9% 2Q 2022 3Q 2022 4Q 2022 FY 2022 1Q 2023 23.9% 24.7% 24.0% 24.1% 22.8% 22.3% 24.7% 24.5% 25.4% 26.1% 2Q 2023 27.4% 27.0% 3Q 2023 13.9% 26.0% 4Q 2023 Estimate -26% FY 2023 Estimate -26% EQUIFAX PROPRIETARY | 46#47FY 2022 Equifax Results Dollars in millions (except per share amounts) Reported Revenue Growth % Local Currency Revenue Growth % GAAP Net Income Growth % Adjusted EBITDA Margin Growth % GAAP Diluted EPS Growth % Adjusted EPS Growth % Capital Expenditures (Cash) See Earnings Release for reconciliation of non-GAAP measures and related disclosures. EQUIFAX FY 2022 $5,122.2 4.0% $5,217.0 6.0% $696.2 -6.4% 33.6% -30 bps $5.65 -6.2% $7.56 -1.0% $624.5 FY 2021 $4,923.9 19.3% $4,873.5 18.1% $744.2 43.1% 33.9% -230 bps $6.02 42.1% $7.64 9.6% $469.0 PROPRIETARY 47#48FY 2022 Business Unit Performance Reported Revenue Growth Local Currency Revenue Growth Adj. EBITDA Margin Workforce Solutions 14.3% 14.3% 51.3% Verification Services 16.3% 16.3% N/A Adj. EBITDA Margin Growth (Decline) (320 bps) N/A Employer Services 6.6% 6.6% N/A N/A USIS (7.2%) (7.2%) 36.8% (310 bps) Online (5.0%) (5.0%) N/A N/A US Consumer Solutions 1.3% 1.3% N/A N/A Mortgage Solutions (27.4%) (27.4%) N/A N/A Financial Marketing (9.2%) (9.2%) N/A N/A International Canada 3.4% 12.0% 25.7% (190 bps) 2.4% 5.6% N/A N/A Latin America 17.6% 29.2% N/A N/A Europe 2.5% 14.1% N/A N/A Asia Pacific (2.2%) 6.0% N/A N/A See Earnings Release for reconciliation of non-GAAP measures and related disclosures. EQUIFAX PROPRIETARY | 48#493Q 2023 Equifax Results Dollars in millions (except per share amounts) Reported Revenue Growth % Local Currency Revenue Growth % GAAP Net Income Growth % Adjusted EBITDA Margin Growth % GAAP Diluted EPS Growth % Adjusted EPS Growth % Capital Expenditures (Cash) 1. See Earnings Release for reconciliation of non-GAAP measures and related disclosures. 3Q23 $1,319.1 6.0% $1,325.3 6.5% $162.2 -2.1% 33.1% +60 bps $1.31 -2.6% $1.76 1.8% $134.3 3Q22 $1,244.3 1.8% $1,272.9 4.1% $165.7 -19.3% 32.5% -50 bps $1.34 -19.0% $1.73 -6.0% $153.0 EQUIFAX PROPRIETARY | 49#503Q 2023 Business Unit Performance Reported Revenue Growth Local Currency Revenue Growth Adj. EBITDA Margin Adj. EBITDA Margin Growth (Decline) Workforce Solutions 3.3% 3.3% Verification Services Employer Services 1.0% 1.0% 50.9% N/A 145 bps N/A 12.9% 12.9% N/A N/A USIS 7.2% 7.2% 34.2% 10 bps Online 10.5% 10.5% N/A N/A US Consumer Solutions 12.4% 12.4% N/A N/A Mortgage Solutions (14.9%) (14.9%) N/A N/A Financial Marketing (0.8%) (0.8%) N/A N/A International 9.7% 11.8% 26.3% (60 bps) Asia Pacific (1.9%) 2.0% N/A N/A Europe 5.6% (2.0%) N/A N/A Latin America 48.4% 62.3% N/A N/A Canada (1.6%) 0.4% N/A N/A See Earnings Release for reconciliation of non-GAAP measures and related disclosures. EQUIFAX PROPRIETARY | 50#51Revenue Trends - US % BU Rev² 4Q21 Online / Verific. -81% 29% EWS -44% EFX Rev² -Mortgage 6% 1Q22 2Q22 3Q22 33% 28% 13% 3% (13%) (28%) 4Q22 1Q23 2Q23 (7%) (11%) (6%) 3Q23 1% (38%) (38%) (20%) (15%) -Non-Mortgage 64% 90% 90% 72% 23% 16% 4% 11% Employer Svcs -19% 28% 33% (3%) (7%) 5% 4% 4% 13% -UC / ERC 6% 6% (33%) (33%) (11%) (6%) 2% 7% -WFA, W2, Talent M.³, others Online -87% 62% 56% 42% (3%) (5%) (7%) 29% (9%) 21% 9% 5% 17% (8%) (5%) 6% 8% -Mortgage (18%) (21%) (29%) (34%) (46%) (25%) (1%) 4% USIS ~32% EFX Rev² -Non-Mortgage, Non-Consumer 11% 10% 9% 9% 19% 9% 9% 10% -US Consumer Solutions 1% 2% (3%) (1%) 8% 8% 10% 12% Financial Mktg Svcs ~13% 14% (14%) (5%) (8%) (9%) 4% 1% (1%) Online¹ >55% 13% 14% 10% 2% (6%) (8%) (1%) 4% EWS Employer Services -8% 28% 33% (3%) (7%) 5% 4% 4% 13% US Total USIS Fin. Mktg. Services ~4% 14% (14%) (5%) (8%) (9%) 4% 1% (1%) Total -78% 14% 14% 8% Flat (5%) (6%) Flat 5% 1. USIS Online + USIS Mortgage Solutions + US Consumer Solutions + EWS Verification Services. Note: Revenue trends are based EQUIFAX 2. Based on 3Q23 revenue on non-GAAP revenue figures. 3. Includes 19/Onboarding PROPRIETARY | 51#52Revenue Trends - International and EFX APAC LatAm INTL Canada (-22% Europe EFX - CRA Rev') - Debt Management TOTAL EFX Total % BU Rev¹ 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 -30% 9% 6% 6% 6% 6% 11% 4% 2% -20% 15% 23% 28% 34% 31% 32% 23% 62% -23% 6% 2% 2% 12% 7% 8% 8% Flat -27% 0% 16% 16% 24% 3% (4%) (2%) (2%) -18% 2% 2% (1%) 7% (1%) 7% 7% 8% -9% (5%) 45% 59% 66% 100% 6% 10% 12% 17% 9% (20%) (16%) (17%) 9% 9% 7% 12% 12% 12% 7% 2% (4%) (4%) Flat 6% EQUIFAX 1. Based on 3Q23 revenue Note: Local currency growth rates, non-GAAP revenue figures for INTL revenue growth rates. PROPRIETARY | 52#533Q 2023 International Highlights Geographic Region International Financial Performance Revenue: $316M, +12% Adj. EBITDA: $83M, 26.3% Asia Pacific Revenue: $85M, +2% Europe Revenue: $85M, (2%) Canada Revenue: $65M, Flat Latin America Revenue: $80M, +62% EQUIFAX Note: Growth rates are in constant dollar. Commentary B2B Consumer: +6% B2B Commercial: (4%) European Credit Reporting Business: +8% B2B Consumer: +9% B2B Commercial: Flat Debt Management: (17%) B2B Consumer: +3% B2B Commercial: +5% Analytics: (11%) ID&F: +9% B2B Consumer: +150% Recovery Management: 71% Analytics: +26% ID&F: (10%) PROPRIETARY | 53#543Q2023 - General Corporate Expense, Capital Spending, D&A, Interest Expense and Other Income and Expense, excluding non-recurring costs General Corporate Expense* - 3Q23 $104 million in 3Q23, as compared to $104 million in 3Q22 Capital Expenditures (incurred) in 3Q23 were $146M, down from $161M in 3Q22. Depreciation and Amortization** in 3Q23 was $90M, up from $82M in 3Q22. Amortization of acquired intangible assets in 3Q23 was $64M, up from $59M in 3Q22. Interest Expense & Other Income / (Expense) in 3Q23 was $56M, up from $44M in 3Q22. *excluding non-recurring costs ** excluding amortization of acquired intangible assets EQUIFAX PROPRIETARY | 54.#55Strong balance sheet and liquidity EQUIFAX Cash September 30, 2023 $413M Available Borrowing Capacity¹ $1,016M Total Liquidity Leverage Ratio for 3Q23² $1,429M 3.34x Credit Ratings BBB (S&P) / Baa2 (Moody's) Next debt maturity: 2.60% $750M Sr Notes Due 12/1/2024 1. $1.5 billion Revolver 2. Covenant compliance leverage ratio calculated in accordance with EFX credit agreements PROPRIETARY | 55#56Cash Flow and Other Metrics Dollars in millions 3Q23 3Q221 FY 20221 FY 2021 Operating Cash Flow* $381.7 $354.9 $757.1 $1,334.8 Capital Expenditures (Cash) ($134.3) ($153.0) ($624.5) ($469.0) Free Cash Flow $247.4 $201.9 $132.6 $865.8 Cash Capex as a % Revenue 10.2% 12.3% 12.2% 9.5% Depreciation Expense* $90.0 $81.8 $323.4 $304.0 Depreciation and Amortization $154.4 $140.9 $560.1 $480.4 Cash Paid for Acquisitions, $271.7 $326 $433.8 $2,935.6 Net and Other Investments** 1. 1Q22 and FY22 reflect the impact of the $345 million consumer class action settlement payment made in January 2022 related to the U.S. consumer MDL litigation settlement arising from the 2017 cybersecurity incident. *Depreciation expense does not include the acquisition-related amortization of acquired intangibles. **Amount includes cash paid for acquisitions, net of cash acquired, investments in unconsolidated affiliates, net and purchase of redeemable noncontrolling interests appearing in our consolidated statements of cash flows. EQUIFAX PROPRIETARY | 56#57Glossary EQUIFAX PROPRIETARY | 57#58GLOSSARY Term Data & Analytics (D&A) Insights Verticals InterConnect Adjusted EBITDA Adjusted EPS Our Definition The organization of our data and analytic professionals responsible for developing new analytic insights used for new products and other research endeavors. Analytical interpretations of various data assets that enable institutions to make better, more precise, real time decisions. Our various end-use markets aka industry verticals; reflects how we organize our sales professionals and go-to-market strategies. The global IT platform whereby many customers consume our data and insight products; our most common decisioning platform that is and has been developed for global implementation. Consolidated Net Income Attributable to Equifax adding back Depreciation & Amortization, taxes, select periodic (i.e. less frequent) one-time items, e.g. restructuring charges, large tax credits, etc., and net Interest Expense (excluding Interest Income). GAAP EPS excluding acquisition amortization and select periodic (i.e. less frequent) one-time items, e.g. restructuring charges, large tax credits, etc. EQUIFAX PROPRIETARY | 58#59TECHNOLOGY GLOSSARY Term Agile API - Application Programming Interface Architecture Automation Cloud First Cloud Native Our Definition A method of project management used in software development that is characterized by the division of tasks into short phases of work and frequent reassessment and adaptation of plans. A software intermediary that allows two applications to talk to each other. The process by which organizations standardize and organize IT infrastructure to align with business goals. The use of software to create repeatable instructions and processes to replace or reduce human interaction with IT systems. A strategy where any new or updated IT project will evaluate safe, secure cloud computing options before making any new investments. As defined by the Cloud Native Computing Foundation (CNCF), Cloud native computing uses an open source software stack to deploy applications as microservices, packaging each part into its own container, and dynamically orchestrating those containers to optimize resource utilization. The process of examining data to draw conclusions about the information they contain. Data Analytics Data Center A physical facility that enterprises use to house their business critical applications and information. Data Fabric Data Ingestion Data Insight EQUIFAX A converged platform supporting the diverse data management, processing and access needs across all disparate data sources and infrastructure types. A data fabric focuses on the data aspect of cloud computing as the unifying factor. The process of obtaining and importing data for immediate use or storage in a database. Information gained from analyzing data that could be used to make better business decisions. PROPRIETARY | 59.#60Term Data Gateway TECHNOLOGY GLOSSARY Our Definition A system that connects to multiple data sources and provides a single and central point of access to connect to each data source. Data Governance The overall management of the availability, usability, integrity and security of data used in an Enterprise. Data Lineage Data life cycle that describes the data's origins and where its transformations over time. Data Linking A technique for connecting pieces of information that are thought to relate to the same person, family, place or event. Data Modeling Data Security Data Silo Data Tokenization Decisioning System Deployment IVR - Interactive Voice Response On Premises A set of tools and techniques used to understand and analyze how an organization should collect, update and store data. The process of protecting data from unauthorized access and data corruption throughout its lifecycle. A collection of information in an organization that is isolated from and not accessible by other parts of the organization. Tokenization is the process of replacing sensitive data such as a Credit Card Primary Account Number (PAN) or Social Security Number with unique identification symbols that retain all the essential information about the data without compromising its security. A computerized information system that allows to sift through and analyze massive reams of data and compile information that can be used to solve problems and make better decisions. Interrelated set of activities that make a software system available to the users. A technology that allows a computer to interact with humans through the use of voice. Traditional methods of installing and customizing software on the customer's own computers that reside inside their own data center. EQUIFAX PROPRIETARY | 60#61EQUIFAX powering the world with knowledge™ Trevor Burns • Investor Relations [email protected] Copyright © 2023, Equifax Inc. All Rights Reserved. Equifax is a registered trademark of Equifax Inc.