#1..... informa 2021 Full-Year Results Portfolio Focus, Balance Sheet Strength & Accelerating Growth 15 March 2022 www.informa.com Ⓒ UU BE D#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. 2021 Full-Year Results Presentation 2#3Current Macro Environment The COVID-19 Pandemic: 2020/2021 • We did not access furlough or government support schemes Colleague Support Fund, Balanced Working, Unlimited Volunteering, Colleague Assistance Programme ● Focus on Stability & Security, preserving the long-term value of our Brands and Businesses • Customer Support Fund, Events Postponement Programme, AllSecure Safety Standard, Virtual Events programme ● £600m+ Cost Management Programme, Cash Retention Programme • Debt rescheduling and refinancing, £800m bond issue, £750m short-term credit, £1bn oversubscribed equity addition, removal of all Group financial covenants 2021 Full-Year Results Presentation The COVID-19 Pandemic: 2022/2023 ● ● ● informa COVID recovery trend is consistent, combining vaccines, boosters and working practices to work and live with the virus Most major in-country restrictions removed in North America, Middle East and most of Europe Business normality returning at pace in North America, Middle East and Europe International travel friction remains high, although progressive relaxation of restrictions in North America, Middle East and Europe Mainland China experiencing targeted and proven closed management measures, shifting activity to H2 Continued control conditions in some locations (India, Brazil, ASEAN), with specific issues in Hong Kong 3#4Current Macro Environment Ukraine ● ● ● ● ● No Colleagues, trading operations or commercial entities based in Ukraine No Colleagues or trading operations or commercial entities based in Russia or Belarus No B2B events held in Russia, Belarus or Ukraine Minimal international exposure to revenue from companies from Russia/Belarus (less than 0.1% in 2021) Following sanctions regime closely to ensure no activity with any sanctioned company or individual Ongoing support to humanitarian relief ● ● ● ● Direct donation to DEC at a Group level and through individual brands and businesses Extension and increase to Colleague matching scheme (£1,000 per Colleague) Match funding for Colleagues who sign-up to government refugee support schemes Extended support for Colleague Volunteering Colleague Assistance Programme 2021 Full-Year Results Presentation informa#5£425bn Market size of 2020 academic R&D grants Source: Dimensions AI EY Pantheon 65%+ Exhibitors agree exhibitions reduce their carbon footprint Source: UFI Knowledge & Information Economy 61 95% Forecast size of exhibitions market in 2023 v 2019 Source: AMR iris 6x Typical spend on Digital Services versus F2F Events Source: Informa Markets Research 5#6New Informa informa Championing the Specialist Connecting people with knowledge to help them learn more, know more and do more B2B Markets & Digital Services Academic Markets & Knowledge Services Taylor & Francis Group an informa business Behavioural Science Psychology Engineering Education Informa's Sustainability Commitments: 2021 Full-Year Results Presentation Physical Sciences FASTER ***** ... Pharma informa markets Beauty & Aesthetics Global Support (Group Operations, Group Functions) Aviation FORWARD ****** informa connect Fintech & Investment Life Sciences & Biotech ***** informa informatech Artificial Cyber Intelligence Security 6#7Academic Markets: Operating Strength & Market Opportunities Taylor & Francis Group an informa business 2021 2021 Full-Year Results Presentation North America Mainland China Hong Kong Rest of Asia UK Continental Europe Middle East Rest of World Fundamental Strengths Depth in Specialist Subjects Specialist Brands Reputation and Tenure Production Efficiency Subscriptions Revenue Digital Infrastructure Open Research Platforms Digital First Culture informa Market Opportunities Specialist Verified Knowledge Research Funding Open Research Services International Expansion eBooks Author & Funder Services Professional & Self Learning Al Services 7#8B2B Markets: Operating Strength & Market Opportunities ...... informa markets 2021 2021 Full-Year Results Presentation ...... Oj informa connect North America Mainland China Hong Kong Rest of Asia UK Continental Europe Middle East Rest of World ...... informatech Fundamental Strengths Specialist Brands Depth in Specialist Markets International Breadth Domestic & Sub-Regional Focus Production Capabilities First Party Customer Data B2B Audiences Digital Events informa Market Opportunities Live Events Return Smart Events Technology Market Fragmentation Specialist Content Content Marketing Audience Development Content Syndication & Intent Digital Demand Generation 8#92021 Highlights GROWTH ACCELERATION STRONG ROBUST STRATEGY DELIVERY 2021 Full-Year Results Presentation Revenue of £1,799m (2020 :£1,661 m). Statutory revenue growth of +8.3% and +6.1% underlying Adjusted Operating Profit of £388m (2020: £267m). Reported growth of +46% and +36% underlying Operating cash conversion of 147%, delivering Free Cash Flow of £439m (2020: (£154m)) informa Strong free cash flow reduces Net Debt to £1,435m (2020: £2,030m) and leverage to 2.8x Launch of 2021-2024 Growth Acceleration Plan II to create a more focused, higher growth business Sale of Pharma Intelligence confirmed for £1.9bn and commencement of Share Buyback Programme Portfolio Focus, Balance Sheet Strength and Accelerating Growth#102021: Growth in Revenues, Profits and Cash Flow Taylor & Francis Group an informa business 2.4% underlying revenue growth Underlying Revenue +6.1% 2021 Full-Year Results Presentation ****** informa markets 7.7% underlying revenue growth Underlying Adjusted Operating Profit +36% ***** informa informa connect 3.8% underlying revenue growth Diluted Adjusted Earnings Per Share +70% ***** informatech 13.9% underlying revenue growth Free Cash Flow £439m informa informa intelligence 6.5% underlying revenue growth Informa Leverage Ratio 2.8x 10#112022 Portfolio Focus, Balance Sheet Strength & Accelerating Growth ● ● Academic Markets & Knowledge Services GAP II part of 10-year Modernisation Programme to develop digital infrastructure and digital-first culture Expansion in addressable market from University Library budgets to global research and development funding Increased investment in 2022 to further expand range and quality of Open Research services Double-digit growth in Pay-to-Publish services in 2022 Robust performance in Pay-to-Read Subscriptions and Advanced Learning in 2022 Target 4%+ Underlying Revenue Growth at Taylor & Francis by 2024 Consistent and improving underlying growth ● 2021 Full-Year Results Presentation ● informa B2B Markets & Digital Services Progressive return in confidence and activity across 30+ specialist B2B verticals Schedule weighted to North America and Middle East in Q1, with Europe and Mainland China building from Q2 Encouraging trends in overall participation, exhibitor volumes, forward bookings and customer feedback Some markets will be more material growth drivers to 2023/24 (eg Hong Kong, India), as will international participation Reiteration of 2022 guidance, providing Revenue and Operating Profit Growth Continuing investment in IIRIS with 2022 KEMA target of 14m Expansion of Audience Development products into additional customer markets and further development of Digital Demand Generation services through addition of NetLine Further strong underlying growth 11#12Live & On-Demand Events: Robust Return OPEN MARKETS ATTENDEE PARTICIPATION EXHIBITOR VOLUMES FORWARD BOOKINGS NEW LAUNCHES INTERNATIONAL PARTICIPATION 2022 PERFORMANCE v 2019 North America 2021 Full-Year Results Presentation 75%+ Middle East 80%+ Europe 70%+ Mainland China TBC Key Components of successful Live & On-Demand Events steadily improving ASEAN & Hong Kong 40%+ informa 12#13Live & On-Demand Events: Top 10 Brands in 2022 to date LOCATION Middle East North America Middle East North America North America Middle East North America North America North America North America CATEGORY Healthcare Real Estate & Construction Healthcare Luxury & Lifestyle Fashion Technology Real Estate & Construction Real Estate & Construction Real Estate & Construction Health & Nutrition c£170m Revenue 2021 Full-Year Results Presentation BRAND Arab Health World of Concrete Medlab Middle East Miami Boat Show Magic LEAP TISE ROOF WWETT Natural Products Expo West REVENUE £20m+ £20m+ £5-£10m £20m+ £10-£20m £10-£20m £5-£10m £5-£10m <£5m £20m+ 10k+ Participating Exhibitors EXHIBITORS 2,300+ 1,000+ 300+ 650+ 1,200+ 700+ 400+ 400+ 450+ 2,700+ ATTENDEES 44,000+ 18,000+ 11,000+ 100,000+ 28,000+ 100,000+ 10,000+ 5,000+ 6,000+ 55,000+ 375k+ Participating Attendees DOMESTIC 5-10% 85%+ 15%+ 90%+ 80%+ 60%+ 90%± 90%+ 90%+ 90%+ informa NET SQ. FT 85%+ Performance versus 2019 425,000+ 640,000+ 100,000+ 1,800,000+ 400,000+ 530,000+ 310,000+ 150,000+ 255,000+ 440,000+ 13#14Live & On-Demand Events: New Launches & Return of a Classic Luxury & Lifestyle The inaugural Miami International Boat Show brought together The Miami International Boat Show and The Miami Yacht Show to create a new industry platform covering Kayaks to Superyachts • The largest boat show globally, 7 miles floating dock • 650+ exhibitors ● • 600 boats • 1.8m+ sq ft event inventory DISCOVER BOATING MIAMI INTERNATIONAL BOAT SHOW BOAT SHOW EXPERIENCE 100,000+ visitors #DBMIBS Miami International Boat Show WELCOME TO THE PROGRESSIVE BOAT SHOW EXPERIENCE ATA KULAKHLasocorasa SMASSNA KOMANDYLOVER! ALS INTERNATIONAL BOAT SHOW BOAT SHOW EXPERIENCE Miami is a flagship show for us. This is the place to launch new products, that gives us the greatest visibility in our industry. It's really important to us. Chris Neff President, Boston Whaler A #DBM 2021 Full-Year Results Presentation • International Tech leaders convened in Riyadh for LEAP, delivering expert insights, cutting-edge content and tech innovations from Al to BioTech, Robotics to Tech for Good Informa's largest new launch ever . 700+ exhibitors ● ● ● Tech 500+ speakers 100,000+ visitors 530k+ sq ft of event inventory NCHARD SPIRIT LEAP Looking around the exhibition floor here at LEAP there are so many incredible, hard to believe and inspiring innovations. It's in a class of its own. Stephen Bartlett Founder and CEO of Social Chain Lord StapenCar Internet For All wisher KRONO Cork Ala A. Mal SULLE Ahmad A-Ra www. WELDI ● ● ● informa Health & Nutrition Return of Natural Products Expo West, the Health & Nutrition industry's largest trade show where participants experience the newest innovations in natural and organic food & beverages, clean beauty and home products, and supplements and ingredients. 2,700+ exhibitors 55,000+ visitors 440k+ sq ft of event inventory 80%+ of 2019 revenue This is our first time at Expo West. As a new brand that's just launched, it makes you feel a little more welcome. Meeting buyers and distributors was great. Cindy Convery Pure Wild Co Natural Products Expo West 14#15The Power of B2B Live Events SME access Content & networking F2F for business development Order book build Supply chain access 2021 Full-Year Results Presentation INTIMACY AT SCALE Price discovery New product launches Distribution capability Pre & Post event connections Single trip multi-customer/industry access FASTER Direct customer engagement DOD Internal & closed company meetings FORWARD informa Strengthen relationships Efficient & Purposeful travel Competitor intelligence 15#162021-2024 Growth Acceleration Plan II GAP Portfolio Focus Market Specialisation Sale of Pharma Intelligence for £1.9bn Focus on Financial Intelligence next GAP Digital & Data Digital Acceleration Further expansion in Open Research Deployment of IIRIS data and analytics platform to 10+ verticals Addition of NetLine, operating alongside Informa Tech 2021 Full-Year Results Presentation gap GAP Leadership & Talent Enhanced Talent Launch of digital talent development programmes in Informa Markets and Informa Tech Digital and data talent acquisition programme II: GAP Investment Investment for Growth £150m of incremental investment in digital acceleration projects Initial focus on IIRIS, enhanced specialist B2B media platform and Open Research platforms GAP Shareholder Returns Improving Returns Share Buyback Programme launched in February Initial £100m tranche completed and further £200m committed Ordinary dividends to resume at H1 2022 informa GAP Faster Forward Sustainable Practices Leader of peer group sector in 2021 Dow Jones Sustainability Index Continued expansion of sustainable practices in all businesses through FasterForward programme 16#17GAP II Portfolio Focus: Divestment of Pharma Intelligence ... ...... Binding agreement for sale of Pharma Intelligence for £1.9bn Expected tax on divestment of c£200m ✓£1.7bn pre-tax proceeds, with 15% equity interest in forward business ✓Opportunity to benefit from future growth and value informa intelligence 2021 Full-Year Results Presentation Transaction expected to complete by end of second quarter Immediate commencement of share buyback programme Process for Financial Intelligence divestment underway (EPFR Global, IGM, Zephyr) informa Citeline Informa Pharma Intelligence CLINERION Real World Data Solutions Trialtrove Informa Pharma Intelligence 17#18● ● ● Member of Dow Jones No 1 Sustainability Indices Powered by the S&P Global CSA United Nations Sustainable Development Goals FASTER Faster to Zero 12 RESPONSIBLE CONSUMPTION AND PRODUCTION QO 13 CLIMATE ACTION A- 2021 rating CarbonNeutral® Company certification for 2nd consecutive year CarbonNeutral® Publication certification for all T&F physical books & journals Renewable electricity powering 95%+ of offices and over 300 major event brands Over 300 events implementing Better Stands in partnership with exhibitors and contractors 2021 Full-Year Results Presentation CDP DISCLOSURE INSIGHT ACTION 4 CARBON NEUTRAL QUALITY EDUCATION Sustainability Inside PARTNERSHIPS FOR THE GOALS FORWARD company CarbonNeutral.com 17 B MSCI ESG RATINGS CCC B In 2021, 70%+ of our event brands are building high quality sustainability content into their programme, including in Maritime, Aviation, Pharma & Healthcare, Agriculture, Food and Technology 18,000+ book chapters and 1,700 journal articles included in Taylor & Francis' SDG Online platform BB BBB A • T&F signed UN SDG Publishers Compact, pledging 10 action points to accelerate progress to UN SDGs by 2030 AA AA AAA ● ● 8 DECENT WORK AND ECONOMIC GROWTH Impact Multiplier REDUCED INEQUALITIES = 10 <1.5° SCIENCE BASED TARGETS Verified targets DRIVING AMBITIOUS CORPORATE CLIMATE ACTION 11 informa SUSTAINABLE CITIES AND COMMUNITIES Leading Company in Sector Peer Group globally in 2021 Dow Jones Sustainability Index 13 CLIMATE ACTION Implementation of Travel Consolidator Programme to measure flights saved and travel efficiency of events across portfolio Event Report published on implementing Diversity, Equity & Inclusion Fundamentals Unlimited volunteering days available to Colleagues in 2021 Colleagues raised £165k+ through Walk the World 18#19..... informa 2021 Full-Year Results Portfolio Focus, Balance Sheet Strength & Accelerating Growth Gareth Wright Group Finance Director ***** mw BE ID#202021 Full Year Results 18.3% Higher Reported Revenue +8.3% to £1,799m (2020: £1,661m) +6.1% Improving Underlying Revenue Growth +6.1% vs -41.0% underlying revenue decline in 2020 2021 Full-Year Results Presentation +45.7% Growth in Adjusted Operating Profit +45.7% to £388m (2020: £267m) 70% Higher Adjusted Diluted EPS 16.7p (2020: 9.8p) 2.8 x Robust Balance Sheet Net debt/EBITDA 2.8 x (2020: 5.6x) £100m Share buybacks completed to date A further £200m committed to next stage of the programme £500m+ Improvement in Free Cash Flow +£593m to £439m (2020: -£154m) informa Portfolio Focus, Balance Sheet Strength and Accelerating Growth 20#21Growth & Financial Delivery in 2021 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) 2021 Full-Year Results Presentation 2021 £m 1,798.7 388.4 21.6% (67.8) 320.6 (183.5) 137.1 (54.5) 17.0% 266.1 (14.3) 16.7p 2020 £m 1,660.8 266.6 16.1% (97.4) 169.2 (1,310.1) (1,140.9) (25.4) 15.0% 143.8 (3.9) 9.8p Higher Revenues Reported Growth of 8.3%, Underlying Growth of 6.1% ● Growth in Adjusted Operating Profit Reported Growth of 46%, Underlying Growth of 36% ● Improved Statutory Performance Reduction in COVID-related exceptional costs Lower intangible amortisation Removal of non-cash goodwill impairments ● ● ● informa Increased Tax charge Increase in adjusted profit and effective tax rate ● Increased Non-controlling interest Increase in adjusted profit in Asia Joint Ventures Increased Adjusted Diluted EPS +70% year-on-year growth Fully Diluted Weighted Average Shares of 1,510m ahead of Share Buyback Programme ● ● ● 21#22All Divisions delivering Underlying Revenue Growth Revenue Informa Markets Informa Connect Informa Tech Taylor & Francis Informa Intelligence Group Adjusted Operating Profit Informa Markets Informa Connect Informa Tech Taylor & Francis Informa Intelligence Group Operating Margins % Informa Markets Informa Connect Informa Tech Informa Intelligence Taylor & Francis Group 2021 Full-Year Results Presentation 2021 £m 608.5 130.6 165.9 545.4 348.3 1,798.7 67.4 (4.1) 11.2 204.1 109.8 388.4 11.1 (3.1) 6.8 31.5 37.4 21.6 2020 £m 523.5 124.2 151.8 556.0 305.3 1,660.8 (24.6) (23.8) (2.8) 214.2 103.6 266.6 (4.7) (19.1) (1.8) 33.9 38.5 16.1 Reported Underlying % 16.2 5.2 9.3 (1.9) 14.1 8.3 n/a n/a n/a (4.7) 6.0 45.7 % 7.7 3.8 13.9 2.4 6.5 6.1 229.3 78.9 203.7 5.5 7.3 36.1 Taylor & Francis Consistent and improving growth • Ⓡ ● • Informa Markets / Connect / Tech Underlying revenue growth in all three businesses Underlying profit growth in all three businesses Robust return of Live & On-Demand Events Strong growth in B2B Digital Services Operating margin expansion with revenue growth ● ● ● Robust Pay to Read performance Accelerating Pay to Publish performance Currency headwinds on operating margin ● Informa Intelligence Consistent strong performance, with Underlying Revenue Growth of 6.5% ● informa High subscription renewals Growth in Annualised Contract Values 22#23Accelerating Revenue and Profit Growth 2021 Revenue Growth (%) 6.1 Underlying Growth 36.1 2021 Adjusted Operating Profit Growth (%) 22.6 Underlying Growth 4.7 2021 Full-Year Results Presentation Phasing Phasing 2.3 Acquisitions & Disposals 2.2 Acquisitions & Disposals -4.8 Currency -15.2 Currency 8.3% Reported Growth 45.7% Reported Growth informa 23#24Strong Free Cash Flow in 2021 £(154)m 2020 Reported FCF COVID Cost & Debt Programmes £95m 2020 Adjusted FCF 2021 Full-Year Results Presentation EBITDA Capex Working Net Interest Tax & Other Capital £439m 2021 Reported FCF More than £500m improvement in Free Cash Flow year-on-year Free Cash Flow in 2021 Focus on cash management and cash controls ● . ● informa ● Higher EBITDA from Live events return Improvement in working capital driven by strong re-bookings and lower refunds Reduction in one-off pandemic- related costs £439m 2021 Free Cash Flow 24#25Balance Sheet Strength and Flexibility Debt maturities as at 31 December 2021 (£m) 1,000.0 900.0 800.0 700.0 600.0 500.0 400.0 300.0 200.0 100.0 0.0 No maturities until July 2023 2022 2023 2021 Full-Year Results Presentation 2024 I I I 2025 2026 2027 EMTN RCF drawn RCF Undrawn Bank 2028 Robust balance sheet and strong Free Cash Flow informa Strong Free Cash Flow of £439m Substantial liquidity of £1.9bn (Undrawn RCF and Cash balances) No Group financial covenants Leverage of 2.8x pre-divestment Average debt maturity of 3.9 years Weighted average cost of debt of 3.7% 25#26Investment for Growth GAP II total net investment of up to £150m 2022 GAP II net investment of up to £75m Expected Capex/Net Opex split 80%/20% GAP II Investment Council governance and project sign-off established Initial project stage-gate approvals underway Strong pipeline of potential projects ● 2021 Full-Year Results Presentation ● ● ● informa gap IIRIS £150m incremental investment to deliver £200m± incremental revenues by 2024 Further expansion of B2B Customer Data & Analytics Platform Embed technology and services across a further 10+ vertical market businesses Expand KEMA from 10m to 14m Smart Connections Media Single platform for producing and managing Specialist Content & Media across all B2B Brands Attract and grow engaged audience via IIRIS Passport Roll out in Informa Tech and Informa Markets 26#27Accelerating Shareholder Returns ● ● ● Return up to £1bn of embedded value through 2022/2023 Pharma Investment divestment for £1.9bn-expected post-tax proceeds of c£1.5bn Share Buyback Programme launched on 14 February 2022 Tranche 1 completed: 17m shares repurchased and cancelled at average price of 587p £100m of value returned to Shareholders Tranche 2 underway: Further £200m committed to buybacks Total capital returns committed to date of £300m Ordinary dividend to resume from interim dividend 2022 2021 Full-Year Results Presentation £300m of Buyback Programme now committed informa gap¹> £100m Capital returned to date £200m Additional capital returns committed 17m Shares cancelled 27#28Reconfirming 2022 Guidance ● 2022 Guidance (Inc. Informa Intelligence) Revenue: £2,200m - £2,400m Adj. Operating Profit: £520m - £540m Peak investment year for GAP II £15m impact from SaaS capex accounting change ● 2021 Full-Year Results Presentation ● ● 2022 Guidance (Ex-Informa Intelligence) Revenue: £1,875m - £2,075m Adj. Operating Profit: £420m - £440m Up to £1bn Divestment Returns through 2022/2023, subject to full sale, completion and proceeds Ordinary Dividends resume from H1 2022 Guidance provided at CMD informa 2022 Updated Guidance Revenue: £2,150m - £2,250m Adj. Operating Profit: £470m - £490m £75m GAP II net spend Further £200m of share buyback returns Ordinary dividends to resume from H1 2022 Updated guidance reflects the expected phased divestment of the Informa Intelligence portfolio Updated for phased divestment of Informa Intelligence 28#29..... informa 2021 Full-Year Results Portfolio Focus, Balance Sheet Strength & Accelerating Growth Stephen A. Carter Group Chief Executive ***** mw BE ID#302021-2024 Growth Acceleration Plan II GAP Portfolio Focus Market Specialisation GAP Digital & Data Digital Acceleration 2021 Full-Year Results Presentation gap GAP Leadership & Talent Enhanced Talent II: GAP Investment Investment for Growth GAP Shareholder Returns Improving Returns informa GAP Faster Forward Sustainable Practices 30#31GAP II: Academic Markets & Knowledge Services 1 Enduring importance of Read and Publish Modern data and technology foundations Preserving value with Library customers ($13bn market) Curating a deep, highly diverse, specialist corpus of content assets 5m+ units Existing Market 2 2021 Full-Year Results Presentation Rebalancing towards Pay to Publish Serving a growing knowledge economy £501bn to £1.6tn since 2000 Expanding addressable market to include $425bn active research grants (inc c£60bn annual research funding) alongside $13bn library market Expanding Market 3 informa gap¹> Expanding capabilities of Researcher Services Responding to diversity of customer preferences A leader in Academic Knowledge Services: accelerated 4%+ revenue growth Mitigating risks to changes in funding models New Budgets 31#32Accelerating Growth in Academic Markets Analogue v Digital 2024 17% 83% 2021 22% 78% 2017 30% 70% Product v Service 2024 76% 24% 2021 87% | 13% 2017 97% 3% 2021 Full-Year Results Presentation Institution v Retail 2024 76% 24% 2021 74% 26% 2017 70% 30% Librarian v Non-Librarian Market 2024 52% | 48% 2021 58% 42% 2017 61% 39% gap¹ informa Intermediaries v Direct 2024 55% | 45% 2021 64% 36% 2017 78% 22% Pay to Read v Pay to Publish 2024 58% 42% 2021 77% | 23% 2017 93% 7% 32#33GAP II: B2B Markets & Digital Services 1 Enduring strength & power of B2B Events Full return and strong growth in B2B Events Consider continued sector consolidation (eg Premiere) Lead the industry in driving sustainable solutions, including as a consolidator of carbon Existing Market 2021 Full-Year Results Presentation 2 Transition from B2B Events to Smart Events Transition the full portfolio of B2B Events to be Smart Events Expand the range of Smart services available to customers Grow and improve the quality of our Known, Engaged, Marketable Audience (KEMA) New Market A global leader in B2B Market Access 3 informa gap¹* Expansion of capabilities in Audience Development & Digital Demand Gen. Operationalise the full power of IIRIS Customer Data Engine Rapid growth off existing strengths in Audience Development Build on NetLine capabilities to expand in Digital Demand Generation New Budgets 33#34IIRIS: B2B Customer Data & Analytics Engine Registration & CRM Systems Smart Event & Media Platforms Online Behaviour Second Party Data M W 器 ..…….. 2021 Full-Year Results Presentation iris First Party Data 89 IIRIS Tracker IIRIS Passport IIRIS Recommend IIRIS Segment IIRIS Insights informa gap¹ Proprietary tracking of user activities on websites for in-depth audience behavioural data Simplified registration, consent and behavioural tracking to increase known and marketable audience Personalised recommendations of content, people, product and company to increase engaged audience Behaviour based segmentation and targeting of audience data to increase campaign conversion Collection, consent and continuous enrichment to deliver high quality audience profiles Improved scoring of qualified leads to increase Return on Investment for customers 34#35IIRIS: 2022 Priorities, Pace & Performance 2022 Scale Audience Development iris Audience Interactions 2021 Full-Year Results Presentation Unknown Audience Known, Engaged, Marketable Audience (KEMA) 80 IIRIS Tracker IIRIS Passport 2021 1bn 100m+ 10m IIRIS Recommend 2022 1.5bn 150m+ 14m IIRIS Segment ● ● ● informa gap¹> • Increased website dwell time by 20% Garnered audience behavioural insight, building depth of engaged audience profiles 2022: Embed IIRIS across major verticals to drive 40% increase to overall KEMA IIRIS Recommend Game Developer Rolled out 350k+ recommended articles Informs additional audience interests 35#36Accelerating Audience Development in 2022 Vertical Market ✓ Developed capability Emerging capability Aviation Agriculture Medical Technology Tech Infrastructure & Construction Health & Nutrition Fashion Food Audience Development 2021 Full-Year Results Presentation 0900 Stage 1 Awareness Embed IIRIS, upgrade content platforms and enhance existing capabilities Embed IIRIS, onboard to content platforms and invest in new capabilities Stage 2 Evaluation Stage 3 Assessment Expanding our portfolio of B2B Digital Services across all our specialist markets informa gap Stage 4 Onboarding Audience Development Expansion Programme Stage 5 Monetising 36#37Accelerating Digital Demand Generation via NetLine gap¹* N NetLine Content syndication and lead generation Demand generation capabilities & platform Buyer Intent Foundations KEMA Scale 2021 Full-Year Results Presentation ● Operating alongside Informa Tech, expanding depth and reach of KEMA across Tech verticals Accelerating growth through experience, capabilities and established products Audience Client · ● ● ● ● ● ● informa Single identity/ registration across partner network Progressive profiling Increased monetisation through recommendation function Self-service campaign set up and delivery Real-time Integration into client marketing technology platforms Dynamic pricing & live and transparent reporting Operational efficiencies and cost savings through automation Experience and capability around deriving intent from 1st party content consumption Individual and group survey-based intent products Product roadmap for content-consumption intent products Additional 1m+ KEMA database Channels to drive KEMA including publisher network and call centres 2022 target to grow overall Group KEMA from 10m to 14m 37#38Summary PORTFOLIO FOCUS BALANCE SHEET STRENGTH ACCELERATING GROWTH GAP // INVESTMENT DIGITAL & DATA SHAREHOLDER RETURNS Divestment of Pharma Intelligence for £1.9bn, Financial Intelligence process underway 2021 Full-Year Results Presentation Leverage at 2.8x pre-divestments; Long-term, covenant-free, flexible financing Robust return of Live & On-Demand Events, further strong growth in B2B Digital Services and consistent and improving growth in Academic Markets Up to £75m to be invested in growth projects through 2022 Continued rollout of Smart Events technology, further expansion in Audience Development and Digital Demand acceleration through NetLine; continuing expansion of Open Research services Share Buyback Programme expanded to £300m; Ordinary dividends to resume at H1 2022 2022 Portfolio Focus, Balance Sheet Strength and Accelerating Growth informa 38#39..... informa Appendix#40FASTER Accelerating sustainable change in our business and the specialist markets we serve. Faster to Zero Moving faster to become a zero waste and net zero carbon business. FASTER FORWARD CORE COMMITMENTS: 1. Become carbon neutral as a business and across our products by 2025 2. Halve the waste generated through our products and events by 2025 3. Become zero waste and net zero carbon by 2030 or earlier FORWARD 2021 Full-Year Results Presentation Sustainability Inside An Embedding sustainability inside every one of our brands to help our customers accelerate sustainable development in their specialist markets. 4. Embed sustainability inside 100% of our brands by 2025 Help and promote the achievement of the UN's Sustainable Development Goals through our brands 5. informa O Impact Multiplier Multiplying the positive impact we create when we improve access to knowledge, help people connect more efficiently and invest in our communities. 6. Enable one million disconnected people to access networks and knowledge by 2025 7. Contribute $5bn per year in value for our host cities by 2025 8. Contribute value of at least 1% of profit before tax to community groups by 2025 9. Save customers more carbon than we emit by 2025 40#41Taylor & 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 2021 Electronic Print 2021 Full-Year Results Presentation Revenue by vertical 2021 £545m Revenue c.30% Group Revenue in 2021 Humanities & Social Science Science, Technical & Medical £204m Adj. Op. Profit c.40% New Informa Revenue Revenue by region 2021 Taylor & Francis Group an informa business 2.4% Underlying Growth 2,000+ Colleagues North America ● Cont. Europe UK Asia ● Middle East Rest of World 41#42Informa Markets Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Through more than 300 international 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 2021 Exhibitor Marketing Services Sponsorship Attendee Other 2021 Full-Year Results Presentation Revenue by vertical 2021 £609m Revenue c.35% Group Revenue in 2021 Healthcare & Pharma Health & Nutrition Infrastructure, Construction & Build. Fashion & Apparel Maritime, Transport & Logistics Manufacturing, Machinery & Equip. Beauty & Aesthetics Jewellery Hospitality, Food & Beverage Aviation Other £67m Adj. Op. Profit 40%+ New Informa Revenue Revenue by region 2021 informa markets 7.7% Underlying Growth 3,500+ Colleagues North America Cont. Europe UK Asia 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 events each year in over 30 countries, it has particular strength in Life Sciences and Finance Revenue by type 2021 Attendee • Sponsorship Exhibitor Marketing Services Other 2021 Full-Year Results Presentation Revenue by vertical 2021 £131m Revenue <10% Group Revenue in 2021 Healthcare & Pharma Finance Leisure Property Industrial • Tax, Law & Accounting Other (£4m) Adj. Op. Loss c10% New Informa Revenue Revenue by region 2021 informa connect 3.8% Underlying Growth 800+ Colleagues North America Cont. Europe UK Asia Middle East Rest of World 43#44Informa Tech Informa Tech informs, educates and connects specialist Technology communities around the world. Through more than 50 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 2021 Attendee Exhibitor • Subscription • Sponsorship Marketing Services Other 2021 Full-Year Results Presentation Revenue by tech sub-vertical 2021 <10% Group Revenue in 2021 £166m Revenue Enterprise IT Security Service Providers Gaming, Media & Entertainment Al Components & Devices Other £11m Adj. Op. Profit 10%+ New Informa Revenue Revenue by region 2021 informa 13.9% Underlying Growth 800+ Colleagues North America Cont. Europe UK Asia Middle East Rest of World 44#45Informa Intelligence Informa Intelligence provides specialist data, intelligence and insight to businesses, helping them make better decisions, gain competitive advantage and enhance return on investment. Through a range of specialist B2B subscription brands, we provide critical intelligence to niche communities within Pharma, Finance and Maritime. Revenue by type 2021 Subscription Marketing Services Other 2021 Full-Year Results Presentation Revenue by vertical 2021 £348m Revenue c.20% Group Revenue in 2021 Pharma Finance Maritime Other £110m Adj. Op. Profit N/A New Informa Revenue Revenue by region 2021 ● informa 6.5% Underlying Growth 1,400+ Colleagues North America Cont. Europe UK Asia Middle East Rest of World 45#46Tax Summary Reported Profit Before Tax Adjusted for: Intangible asset amortisation Benefit of goodwill amortisation for tax purposes only Impairment acquisition-related intangible assets Impairment - IFRS 16 right of use assets Impairment - property and equipment Acquisition costs and integration costs Restructuring and reorganisation costs One-off insurance credits associated with COVID-19 Onerous contracts and other one-off costs associated with COVID-19 Subsequent remeasurement of contingent consideration VAT credits Profit on disposal of subsidiaries and operations Adjusted Profit Before Tax 2021 Full-Year Results Presentation 2021 £m 137.1 268.4 7.9 11.8 4.4 11.9 6.2 (23.6) 9.7 4.2 (6.3) (111.1) 320.6 2021 Tax £m 48.9 55.8 (14.2) 1.7 2.5 0.8 2.9 0.8 (6.1) 2.0 (40.6) 54.5 informa ETR % 17.0 46#47Cash Flow Summary Adjusted operating profit Depreciation of property and equipment Depreciation of right of use assets Software and product development amortisation Share-based payments Loss on disposal of other assets Adjusted share of joint venture and associate results Adjusted EBITDA Net capital expenditure Working capital movement Pension deficit contributions Operating cash flow Restructuring and reorganisation Onerous contracts and one-off (payments)/receipts associated with COVID-19 Net interest Taxation Free Cash Flow 2021 Full-Year Results Presentation 2021 £m 388.4 12.7 24.2 40.6 15.0 0.2 (3.0) 478.1 (48.8) 147.2 (6.3) 570.2 (29.4) 13.9 (74.4) (41.6) 438.7 informa 2020 £m 266.6 16.8 30.3 35.8 11.2 0.9 (0.8) 360.8 (41.9) (81.9) (6.2) 230.8 (35.6) (44.6) (271.6) (32.9) (153.9) 47#48Other Adjusting Items Intangible amortisation and impairment Acquisition and integration costs Restructuring and reorganisation costs One-off insurance credit associated with COVID19 Onerous contracts and one-off costs associated with COVID-19 Re-measurement of contingent consideration VAT credit Adjusting items in operating profit/loss (Profit)/loss on disposal of subsidiaries and operations Investment income Finance costs Adjusting items in profit/loss before tax 2021 Full-Year Results Presentation 2021 £m 292.5 11.9 6.2 (23.6) 9.7 4.2 (6.3) 294.6 (111.1) 183.5 informa 2020 £m 972.0 49.1 77.6 52.6 (3.1) 1,148.2 8.4 (8.3) 161.8 1,310.1 48#49Currency Sensitivity USD The impact of a 1 cent movement in the USD to GBP exchange rate in 2021: Revenue Annual adjusted operating profit Annual adjusted earnings per share 2021 Full-Year Results Presentation 2021 1.38 £8m £3m 0.1p Average Rates 2020 1.29 2021 1.35 informa Closing Rates 2020 1.37 49#50Balance Sheet Summary Intangibles and goodwill Property and Equipment Rights of use assets (IFRS 16) Other non-current assets (excluding debt and leases) Current assets (excluding cash and leases) Deferred income (current) Other current liabilities (excluding debt and leases) Net lease liabilities Net debt (excluding IFRS 16) Other non-current liabilities (excluding debt and leases) Net Assets 2021 Full-Year Results Presentation 31 December 2021 £m 8,600.6 41.5 199.3 75.1 386.5 (725.5) (594.5) (259.5) (1,175.1) (502.5) 6,045.9 informa Restated 31 December 2020 £m 8,653.9 49.1 209.9 58.7 394.3 (700.6) (466.6) (272.9) (1,756.7) (541.1) 5,628.0 50#51Sponsored ADR Programme Informa ADRs trade on the US over-the-counter (OTC) market Symbol ISIN Ratio Effective date Underlying ISIN Depositary Bank Damon Rowan IFJPY Tel: +44 20 7163 7511 US45672B305 1 ADR: 2 ORD 1st July 2013 JE00B3WJHK45 For any questions relating to Informa ADRs, please contact BNY Mellon BNY Mellon E-mail: [email protected] 2021 Full-Year Results Presentation informa 51#52..... informa Thank you Informa.com