#1FACTSET TUESDAY, DECEMBER 21, 2021 FactSet Earnings Call First Quarter Fiscal 2022 Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 31 Anvit 2.859 Movers DEN Charter Cannunca. S ME 2107.578.064 $41.380.160 PRA $13.01.201 10 FTSE 100 6,176.19 IMM 2AM $11.30 0.5 PMAN BUZNERS JAW Sou DUGM VINA 05 10 A 1 4.15 14153325 05 x OHARTING Un AYLIZA +80.78 indicator EURO STOXX 50 (EUR) 3,321.39 Bottom Fo First That Value Line David COME Coca-Cola Cod he Apple Inc. 5379.39 © 6.79.82 USO Cable One ho KLM Martin Marea Mac DC Cahan Holdings Co $122.325.065 $185.000.000 30.111.41 $75,187,0 $21,643,032 Uvid Gantos 11.244.801 $5,723 42.021.304 14.30, far (0.85%) DIA - O / 23 2.2 20 Ga DJ 30 Ind 26,08 145 11.7% 7.85 S#2FACTSET Forward-Looking Statements and Non-GAAP Measures This presentation may contain forward looking statements reflecting management's current expectations based on currently available information. Actual results may differ materially from what is expressed or forecast in such forward-looking statements. More information about factors that could affect FactSet's business and financial results are in FactSet's filings with the SEC, including its most recent 8-K, 10-K and 10-Q. FactSet undertakes no obligation to publicly update any forward- looking statements as a result of new information, future events, or otherwise. In addition, this presentation and oral statements made in connection with this presentation reference non-GAAP financial measures, such as ASV, organic revenues, adjusted operating metrics, adjusted diluted EPS and free cash flow. The use of these non-GAAP measures are limited as they include and/or do not include certain items not included and/or included in the most directly comparable GAAP measure. A reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures provided in the appendix to this presentation and in FactSet's earnings release issued on December 21, 2021, which are posted on www.factset.com under the Investor Relations section. Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 2#3FACTSET Agenda ● ● Welcome / Introductions Business Update Financial Overview Questions and Answers Appendix Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 3#4FACTSET Business Update#5FACTSET Key Metrics - First Quarter 2022 8.9% 1 ORGANIC ASV + PROFESSIONAL SERVICES Driven by improved sales of analytics and research & advisory solutions + 2 Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 33.6% ADJUSTED OPERATING MARGIN 70 basis points lower YoY due to higher operating expenses offset by lower compensation expense + $3.25 ADJUSTED DILUTED EPS 2 12.8% increase YoY from higher revenues and lower tax rate 1 LTM organic growth rate based on November 30, 2021. Annual Subscription Value (ASV) at any given point in time represents the forward-looking revenues for the next twelve months from all subscription services currently supplied to clients and excludes professional services fees billed in the last 12 months, which are not subscription-based. Organic ASV excludes the effects of acquisitions and dispositions completed within the last 12 months, and foreign currency movements. Professional services are revenues derived from project-based consulting and implementation. 2 Please see Appendix for a reconciliation of these non-GAAP metrics to GAAP metrics. 5#6FACTSET Purpose: Drive the Investment Community to See More, Think Bigger, and Do Its Best Work Client Obsession Drive Next-Gen Workflow Solutions Scale Up Our Content Refinery Client Obsession: Provide open, flexible, adaptive, solutions as part of our open ecosystem with hyper- personalized digital products to provide the next best action across the investment lifecycle Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. Next Generation Workflows: Build differentiated next generation solutions to streamline our clients' workflows and deliver tangible efficiencies for the front, middle, and back office Content Refinery: Provide the most comprehensive and connected inventory of client, proprietary, and third-party content in our industry 6#7FACTSET ASV + Professional Services Growth Rates* - By Global Segments $1.7B Organic ASV + Professional Services $24M Pro Svcs -5% +9% $453M EMEA +7% * LTM Organic ASV Growth Rate is based on last twelve months as of November 30, 2021 Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. $1,048M AMERICAS +9% $176M ASIAPAC +14%#8FACTSET FACTIO FACTSET TACTS FACTS DACTSET FACTSET Pete Cat TACT FACTSET BURBUJAS FACTSET MCTSE FACTSET ACTSET Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. CSET STRENAL FACT SE RITAGE MONTH er FactSet Joins The S&P 500 BOXE #OMDSFACTRET REY SOMOSFACTREY FACTSET FDS LISTED NYSE VET 422 1 PACTSET FACTSET 2017 FACTSET 2 FACTSET one FDS 8#9FACTSET Financial Overview#10FACTSET First Quarter 2022 Financial Results* (in thousands, except per share data) 9.4% GAAP Revenues 11/30/21 $424,725 11/30/20 $388,206 6.4% GAAP Net Income 11/30/21 $107,647 11/30/20 $101,206 9.1% Organic Revenues 11/30/21 $423,153 11/30/20 $387,891 1.3% GAAP Operating Income 11/30/21 $122,661 11/30/20 $121,031 12.6% 6.5% Adjusted Net Income GAAP Diluted EPS 11/30/21 $2.79 11/30/20 $2.62 11/30/21 $125,341 11/30/20 $111,283 * Please see Appendix for a reconciliation of non-GAAP metrics to GAAP metrics Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 7.3% Adjusted Operating Income 11/30/21 $142,710 11/30/20 $133,003 12.8% Adjusted Diluted EPS 11/30/21 $3.25 11/30/20 $2.88 230bps 70bps GAAP Operating Margin 11/30/21 28.9% 11/30/20 31.2% 9.3% Free Cash Flow 11/30/21 $64,335 11/30/20 $70,943 Adjusted Operating Margin 11/30/21 33.6% 11/30/20 34.3% 10#11FACTSET Key Operational Metrics >95% ASV RETENTION ASV retained from clients over the last twelve months. = No change versus 2021 | Q1 92% CLIENT RETENTION Percentage of clients retained over the last twelve months. 200bps higher versus 2021 | Q1 Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 162,161 USER COUNT Number of individuals accessing FactSet's solutions. 11% change since 2021 | Q1 6,759 CLIENT COUNT Companies subscribing to FactSet services with an ASV greater than $10,000. 14% change since 2021 | Q1 11#12FACTSET Returning Capital to Shareholders (in millions except share price) $261 $81 $162.62 '17 $304 $89 '18 $197.06 I Cash Dividends $220 $100 * Includes shares repurchased from employee stock options for 2017 Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. $241.08 '19 $270.10 $201 $110 ¹20 Share Repurchases $330.26 $265 $118 '21 Avg. Share Price $349.28 $240 $119 Q1 '22 LTM 12#13FACTSET In Fiscal 2022, We Expect to Deliver 7% or Higher ASV¹ Growth and Expanded Margin Organic ASV + Professional Services Growth ³ GAAP Revenues GAAP Operating Margin Adjusted Operating Margin4 Effective Tax Rate GAAP Diluted EPS Adjusted Diluted EPS4 Fiscal 2022 Outlook² $105 $135 million $1,705 $1,720 million Organic ASV + Professional Services 2 FactSet's expectations as of September 28, 2021. Actual results may differ materially from expectations above. 3 Growth over fiscal 2021. 4 Please see Appendix for a reconciliation of these non-GAAP metrics to GAAP metrics. Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 31% -32% 32.5% 33.5% 14.5% 15.5% $11.60 $11.90 $12.00 $12.30 The Fiscal 2022 Outlook shown here is a forward-looking statement. Given the risks, uncertainties and assumptions related to FactSet's business and operations, including the ongoing uncertainty surrounding the duration, magnitude and impact of the COVID pandemic, FactSet's actual future results may differ materially from these expectations. Investors should review the Company's cautionary statements and risk factors referred to in this presentation. 13#14FACTSET Questions & Answers#15FACTSET Appendix#16FACTSET Non-GAAP Reconciliations Organic Revenues (in thousands) (Unaudited) GAAP Revenues Deferred Revenues Fair Value Adjustment Acquired Revenues Currency Impact Organic Revenues Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. FOR THE THREE MONTHS ENDED NOVEMBER 30 2021 $424,725 86 (2,267) 609 $423,153 2020 $388,206 60 (375) $ 387,891 % Change 9.4% 9.1% 16#17FACTSET Non-GAAP Reconciliations Adjusted Operating Income, Margin, Net Income (in thousands, except per share data) (Unaudited) GAAP Operating Income Intangible Asset Amortization Deferred Revenues Fair Value Adjustment Transformation Costs Business Acquisition Costs Restructuring/ Severance Real Estate Charges Adjusted Operating Income Operating Margin Adjusted Operating Margin GAAP Net Income Intangible Asset Amortization Deferred Revenues Fair Value Adjustment Transformation Costs Restructuring/ Severance Business Acquisition Costs Real Estate Charges Income Tax Items Adjusted Net Income Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 2021 $122,661 6,052 86 1,188 9,028 3,695 $142,710 28.9% 33.6% $107,647 5,419 77 1,064 8,084 3,309 (259) $125,341 FOR THE THREE MONTHS ENDED NOVEMBER 30 2020 $121,031 5,699 60 4,252 230 1,014 717 $133,003 31.2% 34.3% $101,206 4,797 51 3,579 853 194 603 $111,283 % Change 1.3% 7.3% 12.6% 17#18FACTSET Non-GAAP Reconciliations Adjusted Diluted EPS (in thousands, except per share data) (Unaudited) GAAP Diluted Earnings per Common Share Intangible Asset Amortization Deferred Revenues Fair Value Adjustment Transformation Costs Business Acquisition Costs Restructuring/ Severance Real Estate Charges Income Tax Items Adjusted Diluted Earnings per Common Share Weighted Average Common Shares (Diluted) Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 2021 $2.79 0.14 0.00 0.03 0.21 0.09 (0.01) $3.25 38,641 FOR THE THREE MONTHS ENDED NOVEMBER 30 2020 $2.62 0.12 0.00 0.10 0.00 0.02 0.02 $2.88 38,697 % Change 6.5% 12.8% 18#19FACTSET Non-GAAP Reconciliations Free Cash Flow (in thousands) (Unaudited) Net Cash Provided by Operating Activities Capital Expenditures Free Cash Flow Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. FOR THE THREE MONTHS ENDED NOVEMBER 30 2021 72,918 (8,583) $64,335 2020 $ 89,276 $ (18,333) $ 70,943 % Change (9.3)% 19#20FACTSET Non-GAAP Reconciliations Business Outlook Operating Margin, Net Income, Diluted EPS (in millions, except per share data) Fiscal 2022 (Full Year) GAAP Revenues GAAP Operating Income GAAP Operating Margin Intangible Asset Amortization Transformation Costs Adjusted Operating Income Adjusted Operating Margin GAAP Net Income Intangible Asset Amortization Transformation Costs Discrete Tax Items Adjusted Net Income GAAP Diluted Earnings per Common Share Intangible Asset Amortization Transformation Costs Discrete Tax Items Adjusted Diluted Earnings per Common Share Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. Low End of Range $1,705 $ 528 31.0% 18 8 $ 554 32.5% $ 446 16 6 $ 461 $11.60 0.41 0.16 (0.17) $ 12.00 High End of Range $1,720 $550 32.0% 18 8 $ 576 33.5% $ 457 16 6 (7) $ 472 $11.90 0.41 0.16 (0.17) $ 12.30#21FACTSET Thank you