#1..... informa 2023 Half-Year Results Accelerating Growth in B2B Events, Specialist Data & Digital Services 27 July 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. 2023 Half-Year Results 2#3Global Perspectives Geo-political Uncertainty Heightened Inflation Higher Interest Rates Mixed Growth 2023 Half-Year Results Geo-political Change Inflation Stabilising? informa Interest Rates Peaking? Positive Growth 3#47 Strength & Specialisation 00 Knowledge & Information Economy Specialist Market Research Specialist Brands Peer Reviewed Research Open Research TID Advanced Learning Live Experiences Pay-to-Read On-Demand Access Pay-to-Publish Lead Generation ID O Digital Demand Generation First Party Data Specialist Media Content Syndication Audience Development#5Global Perspectives Geo-political Uncertainty AD Heightened Inflation Higher Interest Rates Mixed Growth 2023 Half-Year Results Knowledge & Information Economy Trends Technology Innovation & Data Increased Specialisation Value of Live Experiences & Interactions Importance of Research & Validation Geo-political Change Inflation Stabilising? informa Interest Rates Peaking? Positive Growth LO 5#6Pharma Arab Health An Informa Experience Earth Sciences informa markets Beauty & Aesthetics CBE CHINA BEAUTY EXPO 中国美容博览会 Health & Nutrition Taylor & Francis Natural Products EXPO WEST Psychology Engineering 2023 Half-Year Results informa Champion the Specialist Connecting people. Connecting knowledge. Connecting ideas Fintech & Investment SuperReturn International Behavioural Science Informa's Sustainability Commitments: B2B Markets & Digital Services iris ... informa connect Life Sciences & Biotech NATIONAL BIO-EUROPEⓇ RESTAURANT ASSOCIATION SHOW Food Service Routledge Taylor & Francis Group Economics Statistics FASTER Artificial Intelligence OMDIA .... .... Academic Markets & Knowledge Services F1000 ***. informatech Cyber Security black hat Mathematics Sociology FORWARD Gaming GOC Packaging LABELEXPO EUROPE TARSUS Aviation informa DUBAI AIRSHOW Healthcare HEALTH CONNECT PARTNERS Dovepress Radiology Cardiology Haematology Immunology#7Informa Group, a leader in Market Specialisation 2023 Half-Year Results 2014-2019 Growth Acceleration Plan ...& Accelerated Integration Plan 2020-2021 Stability & Security ...& The Transition Year GAP2 Depth in Specialist Markets, International Breadth, Diversified Growth informa 7#82021-2024 Growth Acceleration Plan 2 GAP2 GAP Portfolio Focus 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 2023 Half-Year Results GAP Digital & Data 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 c$500m leader in audience-led B2B digital services for tech industry GAP Leadership & Talent 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 GAP Investment Investment for Growth £150m of incremental investment in digital acceleration projects 20+ projects funded to date including in First Party Data (IIRIS), Specialist Media, Open Research and Artificial Intelligence GAP Shareholder Returns Improving Returns £1bn Share Buyback Programme with £800m+ completed to date Ordinary dividends commitment to minimum 40% of adjusted diluted EPS...90%+ growth in H1 2023 informa GAP Faster Forward Sustainable Practices No 1 in Media Sector globally in 2022 Dow Jones Sustainability Index for 2nd consecutive year UFI 2023 Sustainable Development Award for the Fundamentals Programme Long-term targets through FasterForward programme 8#9Growth and Re-acceleration 3,500 3,000 2,500 2,000 1,500 1,000 500 0 800 700 600 500 400 300 200 Reported Revenue (£m) +21% CAGR 1,137 1,212 237 1,345 303 1,757 +25% CAGR 306 2,370 401 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2,890 Free Cash Flow (£m) 2023 Half-Year Results 503 +22% CAGR 1,661 722 1,799 2,389 439 2,993 +16% CAGR 466 592 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0 Underlying Revenue Growth (%) 0.7 +300bps 1.0 1.6 37.8 +7% CAGR 39.5 3.4 3.4* 3.5 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Adjusted Earnings per Share (p) 42.1 46.0 49.2 6.1 51.3 31.4 9.8 +60% CAGR 12.9 23.0 24.4 40.0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2023 estimates from company compiled consensus 1,200.0 1,000.0 800.0 600.0 400.0 200.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 Adjusted Operating Profit (£m) 17.8 2014 334 +22% CAGR 366 18.5 2015 416 +6% CAGR 19.3 2016 545 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Dividends per Share (p) 732 535 ibil 388 267 933 2017 21.9 20.5 11 2018 23.5 informa +42% CAGR 2019 The Leading and Largest Owner/Operator of B2B Events, Specialist Data and Digital Services 2020 2021 +62% CAGR 771 9.8 2022 15.9 2023 9#10H1 2023 Growth Acceleration ****** informa markets +63.8% Underlying revenue growth Underlying Revenue Growth +32% 2023 Half-Year Results informa connect +18.5% Underlying revenue growth Underlying Adjusted Operating Profit +57% ***** informa informatech +7.4% Underlying revenue growth Adjusted Diluted Earnings Per Share +134% TARSUS +50.0% Underlying revenue growth Free Cash Flow £225m informa Taylor & Francis Group an informa business +3.3% Underlying revenue growth Dividends Per Share +93% *All numbers are based on Continuing Operations 10#11H1 2023: Accelerating Growth and Forward Momentum GROWTH + MARGIN + BALANCE SHEET + DATA ++ SPECIALISATION + RETURNS + 2023 Half-Year Results Strong growth in revenue (+53%), adjusted operating profit (+103%) and free cash flow (+63%) informa Significant increase in half-year operating margin (+670bpts), ahead of previous full year guidance Significant balance sheet flexibility, tracking to year-end leverage of 1.3x Continuing growth in First Party Data, with IIRIS fully consented audience of 20m+ Further Market Specialisation through addition of Tarsus and Winsight in H1 (sub-9x EV/EBITDA) and acquisitions in specialist Tech Research (Canalys) and Healthcare Tech (HIMSS) (sub-9x EV/EBITDA) £650m+ total cash returns in 2023, including strong growth in dividends and completion of £1bn share buyback programme Full year delivery at the top-end of guidance range for Revenue and Adjusted Operating Profit All numbers are based on Continuing Operations 1 informa today announced exclusivity to acquire HIMSS Global Health Exhibition/Conference 11#122023 Half-Year Results Financial Performance & Capital Allocation Gareth Wright Group Finance Director 기기 7. ㅋ 기기 기기 지 기기 RRR 기기 기기 기기 ㄱ.ㄱ 기기 기 GAP271 기#132023 Half-Year Results: Accelerating Growth ↑ Revenue £1,521m +53.0% yoy (H1 2022: £994m) Adjusted Operating Profit £414m +102.9% yoy (H1 2022: £204m) Dividend Per Share 5.8p +93.3% yoy (H1 2022: 3.0p) 2023 Half-Year Results ↑ ↑ Underlying Revenue Growth 31.9% (H1 2022: 43.9%) Adjusted Diluted EPS 22.5p+134% yoy (H1 2022: 9.6p) Free Cash Flow £225m +62.8% yoy (H1 2022: £138m) ✓ Strong First Half delivery ✓ Accelerating growth and operating discipline combine to deliver improved profitability ✓ Strong cash flow generation ✓ Tracking to year-end leverage of 1.3x informa ✓ £800m+ of £1bn share buyback completed to date £650m+ Expected capital returns to Shareholders in 2023 * All numbers are based on Continuing Operations 13#14Accelerating Growth & Financial Delivery Continuing Operations: Revenue Adjusted Operating Profit Adjusted Operating Margin Net adjusted finance costs Adjusted Profit before tax Adjusting items Reported Profit before tax Adjusted tax charge Effective tax rate Adjusted profit Non-controlling interest Adjusted EPS (diluted) 2023 Half-Year Results H1 2023 £m 1,520.5 413.5 27.2% 2.8 416.3 (101 314.6 (79.1) 19.0% 337.2 (18.5) 22.5p H1 2022 £m 993.5 203.8 20.5% (29.4) 174.4 (132.9) 41.5 (31.2) 17.9% 143.2 (1.2) 9.6p Strong Revenue Growth Reported revenue growth of 53.0% and Underlying growth of 31.9% ● Growing Adjusted Operating Profit Reported growth of 102.9% and Underlying growth of 56.5% Improving Statutory Performance Statutory Revenue, Operating Profit and Diluted EPS all higher year-on-year ● informa Higher Tax charge Effective tax rate of 19% Increased Non-controlling interest Growth in China JVs and Curinos Increased Adjusted Diluted EPS +134% year-on-year growth Fully Diluted Weighted Average Shares of 1,414m ● * All numbers are based on Continuing Operations 14#15Strong underlying growth in all Divisions Revenue Informa Markets Informa Connect Informa Tech Taylor & Francis Tarsus Group Adjusted Operating Profit Informa Markets Informa Connect Informa Tech Taylor & Francis Tarsus Group Operating Margins % Informa Markets Informa Connect Informa Tech Taylor & Francis Tarsus Group 2023 Half-Year Results H1 2023 £m 758.9 250.5 196.8 283.4 30.9 1520.5 241.1 50.2 27.2 87.1 7.9 413.5 31.8 20.0 13.8 30.7 25.6 27.2 H1 2022 £m 421.4 174.5 136.0 261.6 0.0 993.5 81.6 18.4 19.3 84.5 0.0 203.8 19.4 10.5 14.2 32.3 n/a 20.5 Reported Underlying % 80.1 43.6 44.7 8.3 n/a 53.0 195.5 172.8 40.9 3.1 n/a 102.9 % 63.8 18.5 7.4 3.3 50.0 31.9 139.3 31.9 (18.4) (5.3) n/a 56.5 Informa Markets...Strong Growth Full return of Live and On-Demand B2B Events in all regions and markets Strong operating leverage ● • Informa Connect...Accelerating Growth Strong demand for content-rich live experiences Strong H1 margin reflecting event mix and Winsight ● Informa Tech... Diversified Growth Continuing growth through Tech market volatility H1 margin phasing, FY margin on track for 15%-20% ● IIRIS... First Party Data Growth Fully consented records increased to 20m+ ● informa Tarsus...Combination and Growth Strong YoY growth, trading to plan post-acquisition ● Taylor & Francis...Improving Growth Strong performance of Pay-to-Read products H1 margin phasing, FY margin on track for c.35% . ● * All numbers are based on Continuing Operations 15#16Accelerating Revenue and Profit Growth H1 2023 Continuing Revenue Growth (%) 31.9 Underlying Growth 56.5 Underlying Growth 3.3 2023 Half-Year Results Phasing H1 2023 Continuing Adjusted Operating Profit Growth (%) 5.9 11.5 Phasing Acquisitions & Disposals 24.7 Acquisitions & Disposals 6.3 Currency 15.8 Currency 53.0% Reported Growth 102.9% Reported Growth informa * All numbers are based on Continuing Operations 16#17Strong Operating Leverage 20.5 2022 H1 Adj OPM 4.7 2023 Half-Year Results Performance 1.0 Phasing & Biennials 0.3 Acquisitions 0.7 Currency 27.2 2023 H1 Adj OPM Improving Operating Margin Accelerating Underlying Revenue Growth Improving operating performance Margin enhancing additions of Tarsus and Winsight Margin uplift from biennial events H1 Events weighted to high margin Tier 1 brands ● ● . ● informa 670bps Strong revenue growth and disciplined cost management delivering higher operating margins All numbers are based on Continuing Operations 17#18Growing Adjusted Operating Margin Return to c30% Adjusted Operating Margins 32.3% 2019 16.1% 2020 19.8% 2023 Half-Year Results 2021 21.9% 2022 c26% 2023 c28% 2024 c30% 2025 Improving Operating Margin Expansion in operating margin in 2023, reflecting strong revenue growth, operating leverage and biennial 'up year' ● ● Further expansion of operating margin in 2024 despite Biennial 'down year' informa Targeting ongoing group operating margin of c30% from 2025 onwards Biennial Impact Odd Revenue (2023*) c£120m c55% *2023 assumes FY Tarsus ownership Adj OP margin Even (2024) c£60m c50% Growth and Cost Management delivering improving operating margins back to c.30% in 2025 *Biennial revenue assumes a full year of Tarsus in 2023 18#19Balance Sheet Flexibility Debt maturities at 27 July (£m)¹ 1600 1400 1200 1000 800 600 400 200 0 2023 2023 Half-Year Results 2024 2025 2026 2027 EMTN RCF drawn RCF Undrawn Bank 2028 informa Strong cash delivery £550m+ Free Cash Flow expected in 2023 No group level financial covenants Average debt maturity 3.3 years¹ Debt secured on fixed rates c.3.2% ¹ Tracking to FY leverage of 1.3x Pension surplus c.£50m at Half-Year Substantial liquidity £1.6bn+ (Undrawn RCF and Cash balances) Covenant-free, fixed rate debt with long-term maturities and substantial liquidity ¹Reflects position as at 27 July, post repayment of EUR450m EMTN on 5th July 2023 19#20Capital Allocation Discipline Share Buyback Programme launched on 14 February 2022 Commitment raised to £725m through 2022 and to £1bn in March 2023 136m+ shares repurchased and cancelled at average price of 614p c.£845m completed by 26 July 2023 with programme likely to run to Q4 2023 Represents >50% of post tax cash proceeds from divestment Completed programme will represent buyback of c.10% of shares 2023 Half-Year Results ● ● ● ● 90%+ growth in ordinary dividends at half-year stage 5.8p dividend per share in H1 2023 Commitment to 40% payout of continuing adjusted earnings Implies further double-digit dividend growth in FY23 ● ● Total Shareholder Returns of £650m+ in 2023 GAP2 £1bn informa ↑ +93% DPS 20#21Capital Allocation Discipline Pharma Intelligence (Citeline) for £1.8bn 2022 Divestments Maritime Intelligence (Lloyd's List) for £377m Fund Flow Intelligence (EPFR) for £165m Total value £2.5bn, post-tax cash proceeds of c.£1.9bn, plus ongoing equity interests in Pharma and Maritime c£2.5bn Divestment Value 2023 Half-Year Results c28x Avg EV/EBITDA multiple c£200m Annualised Revenue April 2023 Tarsus for $940m May 2023 Winsight for $380m 2023 Acquisitions¹ c£1.2bn¹ July 2023 Canalys July 2023 HIMSS Global Health Exhibition/Conference¹ Acquisition investment Effective capital management informa Sub-9x Avg EV/EBITDA multiple £300m+ Annualised Revenue ¹Informa today announced exclusivity to acquire HIMSS Global 21 Health Exhibition/Conference#22Strong Forward Visibility H2 2023 Live & On-Demand Bookings 85%+ COSMOPROF NORTH AMERICA LAS VEGAS | MIAMI 2023 Half-Year Results CIOE CHINA INTERNATIONAL OFTOELECTRONIC EXPO FURNITURE CHINA 2023 CPHI AVIATION WEEK/ MRO EUROPE Informa Markets H2 exhibitor revenue already booked 2023 Subscription Revenues 90%+ Subscription revenue secured OMDIA Taylor & Francis Routledge Taylor & Francis Group ↑ H1 2024 Live & On-Demand Visibility c70% informa Strong forward visibility of revenue giving confidence through 2023 into 2024 WORLD OF CONCRETE Natural Products EXPO WEST NATIONAL RESTAURANT ASSOCIATION SHOW Medlab Middle East Ar Informo Experience Vitafoods Informa Markets H1 2024 exhibitor revenue booked* * Tier 1 events excluding Fashion and Yachting Events which traditionally book closer to the event 22#23Accelerating Financial Growth and Returns Underlying revenue growth acceleration Strong growth in Earnings per Share Disciplined capital allocation 2023 Half-Year Results 个 informa Growing adjusted operating margin Strong growth in Dividends per Share Full year revenue and operating profit at top end of guidance 23#24..... informa 2023 Half-Year Results Accelerating Growth in B2B Events, Specialist Data & Digital Services Stephen A. Carter Group Chief Executive 24#25B2B The Informa Group Academic .... Operating Division **** ..... informa markets informa connect informatech Taylor & Francis Group an informa business informa 2023 Half-Year Results Specialist Markets Transaction-led B2B Events & Digital/Data Services Content-led B2B Events & Digital/Data Services Specialist Tech B2B Events, Market Research & Sales Intelligence Scholarly Research, Reference-led Academic Content & Knowledge Services 2023 Revenue: £3,050m+ 2023 Adj OP: £790m+ 2023 Adj OP Margin: c.26% Post GAP 2 Growth Ambition 5%+ Revenue Growth 4%+ Underlying Revenue Growth 7%+ Revenue Growth Underlying 4%+ Revenue Growth ) 5%+ Revenue Growth Building a better, broader and more scalable business 30%+ Adj Operating Profit Margin informa 20%+ Profit Margin 20%+ Adj Operating Profit Margin 35%+ Adj Operating Profit Margin Adj Operating c.30% Profit Margin 25#26B2B Market Growth: Strong underlying market growth 34.7 2017 Market Expansion +20% 2023 Half-Year Results 40.6 2022 Millions of square metres of venue space Brand visibility Increasing value of high-quality live interactions Sales & Lead Generation International partnerships Specialist knowledge and connections Market Research and Competitive Intelligence Growth Acceleration in B2B Markets Qualified business development informa Hosted buyers Product launches Remote working Industry collaboration Education and accredited training Source: UFI Exhibition venues with a minimum of 5,000 sqm of exhibition space 26#27B2B Market Growth: International B2B Hubs and Centres Anaheim San Diego 30± Major B2B locations 6m+ Total SQM available Las Vegas 2023 Half-Year Results Mexico City Toronto Chicago New York Orlando Miami / Ft Lauderdale Hannover Paris Madrid Barcelona Sao Paolo Frankfurt Milan Bologna Monaco Bahrain Riyadh. Dubai Abu Dhabi New Delhi Mumbai Bangkok MICE and Business Tourism Hubs and Centres Beijing Kuala Lumpur Singapore Jakarta Tokyo Shanghai Guangzhou Shenzhen Hong Kong Sydney informa An 日日日 Source UFI, Company data MICE = Meetings, Incentives, Conferences, Exhibitions 27#28North America Expansion Las Vegas: +160k sqm Denver: +50k sqm Atlanta: +55k sqm Milwaukee: +20k sqm ● ● B2B Market Growth: International B2B Hubs and Centres - Venue Investment LATAM Expansion ● Sao Paulo: +60k sqm 2023 Half-Year Results European Expansion ● Barcelona: +60k sqm Monaco: +6k sqm Bologna: +140k sqm Middle East Expansion Dubai: +100k sqm Riyadh: +70k sqm Manama: +95k sqm ASEAN & India Expansion New Delhi: +140k sqm ● ● ● ● ● ● Mumbai: +25k sqm Jakarta: +10k sqm Bangkok: +45k sqm Hanoi: +50k sqm Kuala Lumpur: +11k sqm China Expansion informa ● ● Continuing expansion in trade show venues to meet trade demand Shenzhen: +500k sqm Hong Kong: +15k sqm Guangzhou: +80k sqm Source UFI, Company data 28#29B2B Market Growth: Aviation Routes, Seats and Revenue Growing global flight capacity Airline Capacity and Seats per Movement TOTAL CAPACITY SOUTH AMERICA PACIFIC NORTH AMERICA MIDDLE EAST & GULF CARIBBEAN AUSTRALIA EUROPE CENTRAL AMERICA 66 1 83 ASIA AFRICA 103 103 680 149 163 201 208 CM 91 68 2023 Half-Year Results 96 108 142 139 127 121 1,000 121 136 159 167 174 177 2,000 150 2023 2022 2019 158 3,000 4,000 5,000 6,000 7,000 Airline Seats (Millions) 1,600 1,400 1,200 1,000 800 600 400 200 0 Accelerating return of business travel Global Business Travel Spend (USD bn) 1,431 2019 661 -53.8% 2020 697 5.5% 933 33.8% 1,158 24.2% 2021 2022e 2023f Return in major trade route capacity to meet trade demand 1,299 informa 12.2% 1,399 7.7% 1,472 5.2% 2024f 2025f 2026f Source CAPA, ASM Global, GBTA 29#30Specialist Brands in Attractive Specialist Markets ... ... informa Specialist Market Healthcare & Pharmaceuticals Infrastructure, Construction & Building Technology Health & Nutrition Engineering, Machinery & Equipment Hospitality, Food & Food Service Maritime, Transportation & Logistics Beauty & Aesthetics Finance Aviation & Aerospace 2023 Half-Year Results Selection of B2B Brands CPhI worldwide Medlab Middle East As Informa Experience WORLD OF CONCRETE black hat SupplySide WEST wwwett 19 HOFEX Js CHINA BEAUTY & EXPC ****** Hospitalar The future of healthcar IM Power ANTION WEEK MRO EUROPE CONCRETESHOW CITYSCAPE GLOBAL TECH WEEK Natural Products EXPO WEST EXPO CICE CHINA INTERNATIONAL OPTOELECTRONIC HOTELEX Shanghai MIAMI INTERNATIONAL BOAT SHOW AMWC Aesthetic & Anti-Aging Medicine World Congress Arab Health Afuma Experience CAPA ■ ROOFING EXPO enterprise CONNECT V Vitafoods Europe Fi Food ingredients PROPAK ASIA NATIONAL RESTAURANT ASSOCIATION SHOW FL SHOW FORT LAUDERDALE INTERNATIONAL COSMOPROF ASIA HONG KONG SuperInvestor SuperReturn International DUBAI AIRSHOW Fragmented Market ✓ ✓✓ ✓✓✓ ✓ ✓✓ ✓✓ ✓✓ High Value Product ✓ ✓✓ der ✓✓ ✓✓. ✓✓. ✓✓✓ ✓✓ der International Market ✓✓ V V ✓✓ ✓✓ D V ✓ Structural Growth ✓✓✓ ✓✓ der der ✓✓. ✓✓ ✓✓ ✓✓ ✓✓ ✓✓ Digital & Data ✓✓✓ ✓✓ Dr. ✓✓ ✓✓ ✓✓ ✓✓ ✓✓ ✓✓✓ informa Age 35+ 45+ 25+ 35+ 35+ 35+ 65+ 25+ 25+ 30+ 30#31Market Specialisation: Further Depth in Specialist B2B Markets NATIONAL RESTAURANT ASSOCIATION SHOW Technomic. RESTAURANT BUSINESS HIMSS ● Foodservice • Specialist Market Research through Technomic ● Acquisition of Winsight expands position in B2B Foodservice category Winsight multi-service B2B offering: Live & On Demand Events through NRA Show, a TSNN Top 30 US Trade Show • Specialist Media portfolio, including Restaurant Business, CSP ● Healthcare Tech Exclusivity to acquire HIMSS Global Health Exhibition/Conference, a leading brand serving the Healthcare technology market Major trade show combining 1200+ exhibitors with 200+ education sessions • A TSNN Top 30 US Trade Show with next edition in March 2024 Will deepen position in broader specialist Healthcare market category 2023 Half-Year Results canalys OMDIA tahaluf informa company Tech: Channels / Mobility LEAP . 5 years investment has built Omdia into leader in specialist Tech Research, including IHS Markit Tech and Tractica Further expansion through acquisition of specialist tech Canalys ● • • ● ● Extends leadership into key Channels and Mobility sub-verticals Enlarged Omdia revenues over $100m, three times larger than when started Middle East Tahaluf partnership with Kingdom of Saudi Arabia Expanding MICE industry and supporting Vision 2030 LEAP the largest ever Tech event launch Black Hat and Cityscape also brought to the region, with more to follow over coming years Packaging / Healthcare / Aviation / Beauty LABELEXPO EUROPE HEALTH CONNECT PARTNERS Insights DUBAI AIRSHOW A+M Passport Um E iris Recommend ● ● ● Acquisition of Tarsus for $940m Strong commercial, operational and cultural fit informa Strong portfolio alignment in Healthcare (Health Connect Partners), Beauty & Aethetics (A4M), Packaging (LabelExpo) and Aviation (Dubai Air Show) Additional reach and depth in Asia, China, the Middle East and the Americas First Party Data Segment ● ● IIRIS collection, enrichment and management of First Party Data 20m+ fully consented records ● In depth Market Intelligence Enhanced Customer Knowledge • Increased Marketing Effectiveness 31#32Academic Market Growth: Expansion in Research & Development USD bn 1,600 1,500 1,400 1,300 1,200 1,100 1,000 OECD Spending on Research & Development 3.5% CAGR 2012 2014 2015 2016 2017 2018 2019 2020 2021 2023 Half-Year Results Thirst for knowledge Technology innovation Shift to Open Access Subject category Independent verification and cross Subject specialisms Growing research output validation Knowledge services Growth and Acceleration in Academic Markets informa Research globalisation Shift to Open Access Growth in Higher Ed globally Pay-to-Impact and Pay- to-Apply Source: OECD 32#33Taylor & Francis: Improving Growth, Diversified Services Taylor & Francis Underlying Revenue Growth 7% CAGR 2.2 2.4 2.4 3 3.3 2023 Half-Year Results 2018 2019 2020 2021 2022 HI -0.2 2023 Customer & Market-led 2020-2021 Stability & Security ||||||| Focus around customers & users Open Research at scale Customer data management End-to-end digital value chain . . 2014 - 2019 Growth Acceleration Plan Investment in core technology Develop digital first culture Product, Data & Tech Consistent Investment 2021 - 2024 Growth Acceleration Plan 2 Knowledge services . Al-enabled enterprise Better quality, higher levels of growth Online Articles Downloaded 25% CAGR informa Growth, Quality & Visibility 2018 2019 Diversified service offering delivering improving growth and visibility 2020 2021 2022 33#34Taylor & Francis: Improving Quality of Earnings from Diversified Service Offer 2025 2022 2017 2025 2022 2017 Print v Digital 18% | 82% 21% | 79% 31% | 69% Product v Service 76% | 24% 2023 Half-Year Results 87% 13% 97% 3% 2025 2022 2017 2025 Librarian v Non-Librarian Market 2022 Institution v Retail 2017 76% | 24% 72% | 28% 71% 29% 53% | 47% 58% 42% 59% | 41% Intermediaries v Direct 2025 2022 2017 informa 2025 Researcher Services: Pay to Read v Pay to Publish 64% | 36% 80% | 20% 95% | 5% 2022 2017 43% 57% 53% | 47% 77% | 23% 34#35The Power and Potential of Artificial Intelligence at Informa Al already deployed throughout Informa in a variety of products and services Existing use cases largely delivering improved productivity and cost efficiencies Potential for generative Al to enhance existing products and launch new ones Growing internal Al talent and capabilities combined with 3rd party expertise Limited potential disruptive scenarios identified across the portfolio 2023 Half-Year Results Content Networking Service Support Content indexing and classification Video to text transciption Marketing segmentation Live speech to text conversion/translation Human object detection to understand audience demographics, behavious, intent etc Facial recognition and sentiment analysis IIRIS deploying intelligent user segmentation Journal suggestion, Researcher/Institution content recommendation engine Enhanced validation for fake detection, conflict of interest and plagiarism identification Receipt allocation to open invoices Data de- duplication Customer effort and sentiment analysis Current Al activities informa Long/Short-form content creation via ChatGPT Al already embedded within portfolio, with opportunity for expansion B2B recommendation and matchmaking Personalised B2B rec's and matchmaking Analysing post-show customer feedback Pricing and Peer Reviewer recommendation engines Customer service Al chat bots on events pages Near-term Al deployment Chatbot capabilities for service centres/vendor management 35#36Continuous Performance Improvement 2022 Full Year Results 9 March 2023 Revenue: £2,750m - £2,850m Adjusted Operating Profit: £675m - £725m Operating Margin increase by 250bpts+ 2023 operating ambitions: 。 Academic Markets 3%+ underlying revenue growth B2B Markets: Strong double-digit underlying revenue growth Growth and Acceleration in 2023: 30%+ Revenue, 50%+ Adjusted Operating Profit 2023 Half-Year Results ¹GBP/USD exchange rate of 1.25 informa 36#37Continuous Performance Improvement 2022 Full Year Results 9 March 2023 Revenue: £2,750m - £2,850m Adjusted Operating Profit: £675m - £725m Operating Margin increase by 250bpts+ 2023 operating ambitions: 。 Academic Markets 3%+ underlying revenue growth B2B Markets: Strong double-digit underlying revenue growth 2023 AGM 15 June 2023 2023 Half-Year Results Revenue: £2,950m - £3,050m Adjusted Operating Profit: £750m - £790m Implied Operating Margin increase c.370bpts 2023 operating ambitions: Academic Markets 3%+ underlying revenue growth B2B Markets: Strong double-digit underlying revenue growth Growth and Acceleration in 2023: 30%+ Revenue, 50%+ Adjusted Operating Profit ¹GBP/USD exchange rate of 1.25 informa 37#38Continuous Performance Improvement 2022 Full Year Results 9 March 2023 Revenue: £2,750m - £2,850m Adjusted Operating Profit: £675m - £725m Operating Margin increase by 250bpts+ 2023 operating ambitions: 。 Academic Markets 3%+ underlying revenue growth B2B Markets: Strong double-digit underlying revenue growth 2023 AGM 15 June 2023 2023 Half-Year Results Revenue: £2,950m - £3,050m Adjusted Operating Profit: £750m - £790m Implied Operating Margin increase c.370bpts 2023 operating ambitions: Academic Markets 3%+ underlying revenue growth B2B Markets: Strong double-digit underlying revenue growth 2023 H1 Results 27 July 2023 Revenue: £3,050m+ Adjusted Operating Profit: £790m+ Operating Margin increase 400bpts+ 2023 operating ambitions: informa Academic Markets 3%+ underlying revenue growth Growth and Acceleration in 2023: 30%+ Revenue, 50%+ Adjusted Operating Profit B2B Markets: Strong double-digit underlying revenue growth ¹GBP/USD exchange rate of 1.25 38#39Further Growth and Acceleration in 2024 and Beyond 2023 Full Year Delivery Top-end of guidance on Revenue and Profit Strong forward visibility Further growth in 2024 and 2025 GAP 2 Acceleration Higher quality, faster growth Balance Sheet Strength Tracking to year-end leverage of 1.3x Growing Shareholder Returns £650m+ in 2023 2023 Half-Year Results Dividend Growth Inorganic Growth Volume Growth GAP2 Free Cash Flow Growth Long-term Growth and Shareholder Returns Margin Growth Value Growth Diversified Growth informa 39#40..... informa Appendix 40#41ESG United Nations Sustainable Development Goals ● ● ● A- 2022 rating ● 12 FASTER 0 Faster to Zero CDP DISCLOSURE INSIGHT ACTION со RESPONSIBLE CONSUMPTION AND PRODUCTION 13 CLIMATE ACTION CarbonNeutral® Company certification for 4th consecutive year 2023 Half-Year Results CarbonNeutral® Publication certification for all T&F physical books & journals for 2nd consecutive year First certified Carbon Neutral® Events Sustainable Events Fundamentals Programme embedded across 400+ B2B brands On track for Science Based Targets (Ongoing reduction in energy usage and Scope 1,2 & 3 carbon footprint) ● No 1 In our sector ● 4 Sustainability Inside QUALITY EDUCATION FORWARD DIC Member of Dow Jones Sustainability Indices Powered by the S&P Global CSA 17 PARTNERSHIPS FOR THE GOALS ge 60%+ of Top 100 B2B event brands actively embedding high quality sustainability content into products, increasing revenue & engagement • 2,840 books and 7,761 journals linked to one or more of the UN SDGs Launch of Pledge to Open, a commitment by T&F to publish 70 open access books on SDG topics ● 8 AA 2023 rating DECENT WORK AND ECONOMIC GROWTH 10 REDUCED INEQUALITIES MSCI ESG RATINGS CCC Impact Multiplier B 11 informa BB BBB A AA AAA SUSTAINABLE CITIES AND COMMUNITIES AA 13 CLIMATE ACTION Connecting the Disconnected: 200,000+ disadvantaged people connected through events and publishing to date 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, putting Informa in the 1% club and top 20 charitable contributors in FTSE100 No 1 in Sector Peer Group globally for second consecutive year in 2022 Dow Jones Sustainability Index 41#42Informa Markets 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 Revenue by type 2022 2023 Half-Year Results Exhibitor Marketing Services Sponsorship Attendee Subscriptions Unit Sales Revenue by vertical 2022 £952m Revenue in 2022 c.40% Group Revenue in 2022 Healthcare & Pharma Health & Nutrition Infrastructure, Construction & Build. Fashion & Apparel Maritime, Transport & Logistics Manufacturing, Machinery & Equip. Beauty & Aesthetics Jewellery Hospitality, Food & Beverage Aviation Other £172m Adj. Op. Profit in 2022 c.42% Continuing Revenue Revenue by region 2022 informa 47% Underlying Revenue Growth in 2022 3,900+ Colleagues North America Cont. Europe UK China (incl. Hong Kong) Middle East Rest of World 42#43Informa Connect 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 Revenue by type 2022 2023 Half-Year Results Attendee Subscriptions Sponsorship Exhibitor Marketing Services Unit Sales Revenue by vertical 2022 £396m Revenue in 2022 c.17% Group Revenue in 2022 Healthcare & Pharma Finance Leisure Property Industrial • Tax, Law & Accounting Other £56m Adj. Op. Profit in 2022 c.18% Continuing Revenue Revenue by region 2022 informa 46% Underlying Revenue Growth in 2022 1,500+ Colleagues North America Cont. Europe UK China (incl. Hong Kong) Middle East Rest of World 43#44Informa Tech 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. Revenue by type 2022 2023 Half-Year Results Attendee Exhibitor Subscription • Sponsorship • Marketing Services Unit Sales £321m Revenue in 2022 2022 c.13% Group Revenue in 2022 Revenue by tech sub-vertical Enterprise IT Security Service Providers Gaming, Media & Entertainment Al £62m Adj. Op. Profit in 2022 Components & Devices Other (incl. Netline and Industry Dive) c.14% Continuing Revenue Revenue by region 2022 informa 43% Underlying Revenue Growth in 2022 1,500+ Colleagues North America Cont. Europe UK China (incl. Hong Kong) Middle East Rest of World 44#45Taylor & Francis 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 Revenue by type 2022 2023 Half-Year Results Electronic Print Revenue by vertical 2022 £594m Revenue in 2022 c.25% Group Revenue in 2022 Humanities & Social Science Science, Technical & Medical £207m Adj. Op. Profit in 2022 c.26% Continuing Revenue Revenue by region 2022 informa 3% Underlying Growth in 2022 2,600+ Colleagues North America ● Cont. Europe UK China (incl. Hong Kong) Middle East Rest of World 45#46Adjusting Items Intangible amortisation and impairment Acquisition and integration costs Restructuring and reorganisation costs Onerous contracts and one-off costs associated with COVID-19 Fair value (gain) on contingent consideration Fair value loss on contingent consideration Adjusting items in operating profit Fair value (gain)/loss on investments (Profit) on disposal of subsidiaries and operations Finance costs Adjusting items in profit before tax 2023 Half-Year Results H1 2023 £m 150.5 39.6 0.3 (78.8) 3.0 114.6 (9.4) (4.3) 0.8 101.7 informa H1 2022 £m 137.0 4.9 (2.6) 0.7 1.8 141.8 0.9 (9.8) 132.9 46#47Currency Sensitivity USD The impact of a 1 cent movement in the USD to GBP exchange rate in 2023: Annual revenue Annual adjusted operating profit Annual adjusted earnings per share H1 2023 2023 Half-Year Results 1.23 £16.0m £5.9m 0.5p Average Rates H1 2022 1.30 H1 2023 1.26 informa Closing Rates H1 2022 1.21 47#48Sponsored ADR Programme Informa ADRs trade on the US over-the-counter (OTC) market Symbol ISIN Ratio Effective date Underlying ISIN Depositary Bank Damon Rowan Tel: +44 20 7163 7511 IFJPY US45672B305 2023 Half-Year Results 1 ADR: 2 ORD 1st July 2013 For any questions relating to Informa ADRs, please contact BNY Mellon JE00B3WJHK45 BNY Mellon E-mail: [email protected] informa 48#49..... informa Thank you Informa.com