RELX Results Presentation Deck

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February 2022

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#1& RELX Results 2021 Erik Engstrom, CEO, and Nick Luff, CFO 10 February 2022#2DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended. These statements are subject to risks and uncertainties that could cause actual results or outcomes of RELX PLC (together with its subsidiaries, "RELX”, “we” or “our") to differ materially from those expressed in any forward-looking statement. We consider any statements that are not historical facts to be "forward-looking statements". The terms "outlook", "estimate", "forecast", "project", "plan", "intend", "expect", "should", "could", "will", "believe", "trends" and similar expressions may indicate a forward-looking statement. Important factors that could cause actual results or outcomes to differ materially from estimates or forecasts contained in the forward-looking statements include, among others: the impact of the Covid-19 pandemic as well as other pandemics or epidemics; current and future economic, political and market forces; changes in law and legal interpretations affecting RELX intellectual property rights and internet communications; regulatory and other changes regarding the collection, transfer or use of third-party content and data; changes in the payment model for RELX products; demand for RELX products and services; competitive factors in the industries in which RELX operates; inability to realise the future anticipated benefits of acquisitions; significant failure or interruption of RELX systems; exhibitors' and attendees' ability and desire to attend face-to-face events and availability of event venues; changes in economic cycles, severe weather events, natural disasters and terrorism; compromises of RELX cyber security systems or other unauthorised access to our databases; failure of third parties to whom RELX has outsourced business activities; inability to retain high-quality employees and management; legislative, fiscal, tax and regulatory developments; exchange rate fluctuations; and other risks referenced from time to time in the filings of RELX PLC with the US Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. Except as may be required by law, we undertake no obligation to publicly update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events. & RELX 2#3Erik Engstrom, CEO & RELX#4RELX 2021 progress Strong financial results Further operational and strategic progress Continued strong corporate responsibility performance & RELX#52021 financial highlights Underlying revenue growth Underlying adjusted operating profit growth Adjusted EPS growth at constant currency Full year dividend growth (in sterling) & RELX +7% +6% +13% +17% 5#6Revenue and adjusted operating profit Revenue 2021: £7,244m Underlying growth: +7% +44% +3% Legal +3% Exhibitions Scientific, Technical & Medical Risk +9% Adjusted operating profit 2021: £2,210m Underlying growth: +13% & RELX +3% +5% nm - not meaningful nm Exhibitions Legal Scientific, Technical & Medical Risk +10% 6#7Risk Underlying growth +3% +4% Revenue 2020 2021 Adjusted operating profit 2020 +9% +10% 2021 Business Services double digit growth driven by demand for fraud prevention analytics and decision tools Insurance growth driven by roll-out of enhanced analytics, extension of data sets, and expansion in adjacent verticals Specialised Industry Data Services end market dynamics varied by segment; recently returned to strong growth overall Government strong growth driven by roll-out of analytics and decision tools 2022 full year outlook: We expect strong underlying revenue growth, in line with historical trends, with underlying adjusted operating profit growth broadly matching underlying revenue growth & RELX 7#8Scientific, Technical & Medical Underlying growth +1% +1% Revenue 2020 Adjusted operating profit 2020 +3% 2021 +3% 2021 Improved underlying revenue growth driven by further development of datasets and analytics Strong growth in primary research articles published; market share gains in both subscription and open access payment models Databases & Tools and Electronic Reference growth driven by content development, enhanced functionality. Continued strong growth in medical education and clinical solutions 2022 full year outlook: Based on the improved performance in 2021, we expect underlying revenue growth to remain above historical trends, with underlying adjusted operating profit growth slightly exceeding underlying revenue growth & RELX 8#9Legal Underlying growth +1% +7% Revenue 2020 Adjusted operating profit 2020 +3% 2021 +5% 2021 • ● Improved underlying revenue growth driven by legal analytics Continued release of broader data sets, application of machine learning and natural language processing Further enhancement of functionality of integrated research and leading analytics; Lexis+ performing well; increasing adoption across segments Trends in major customer markets improving; renewal rates strong, new sales grew well 2022 full year outlook: Based on the improved performance in 2021, we expect underlying revenue growth to remain above historical trends, with underlying adjusted operating profit growth continuing to exceed underlying revenue growth & RELX 9 CO#10Exhibitions £m 362 Revenue 2020 534 2020 2021 Adjusted operating profit -164 10 2021 O Underlying revenue growth driven by gradual reopening of exhibition venues across geographies 2021 events managed flexibly, 269 face-to-face events held Continued good progress on digital initiatives Return to positive adjusted operating result reflects increased activity levels and lower cost structure 2022 full year outlook: We expect a year of strong underlying revenue growth. The operating result will continue to benefit from the structurally lower cost base & RELX 10#11RELX strategic direction Strategy Develop increasingly sophisticated information-based analytics and decision tools that deliver enhanced value to professional and business customers across market segments Primary focus on organic growth, supported by targeted acquisitions Growth objectives Risk Sustain strong long term growth profile Outcomes STM Continue on improved growth trajectory Legal Continue on improved growth trajectory Exhibitions & RELX Capture growth opportunity from reopening and digital Better customer outcomes Higher growth profile | Improving returns | Positive impact on society 11#12& RELX 12#13Nick Luff, CFO & RELX 13#142021 financial highlights Income statement highlights Underlying revenue growth Underlying adjusted operating profit growth Adjusted operating profit margin Adjusted EPS growth at constant currencies Cash flow and balance sheet highlights Adjusted cash flow conversion Net debt / EBITDA Dividend Share buyback *including pensions; calculated in US dollars; excluding pensions 2.3x & RELX +7% +13% 30.5% +17% 101% 2.4x* 49.8p nil 14#15Revenue Year to 31 December Risk Scientific, Technical & Medical Legal Exhibitions RELX 2020 £m 2,417 2,692 1,639 362 7,110 & RELX 2021 £m 2,474 2,649 1,587 534 7,244 change +2% -2% -3% +48% +2% change constant currency +9% +4% +2% +55% +8% change underlying +9% +3% +3% +44% +7% 15#16Adjusted operating profit Year to 31 December Risk Scientific, Technical & Medical Legal Exhibitions Unallocated items RELX 2020 £m 894 1,021 330 (164) (5) 2,076 2021 £m 915 1,001 326 10 (42)* 2,210 change +2% -2% -1% nm +6% *The increase in unallocated items in 2021 reflects one-off charges relating to reductions in corporate real estate footprint. nm - not meaningful & RELX change constant currency +10% +3% +4% nm +13% change underlying +10% +3% +5% nm +13% 16#17Adjusted operating margin Year to 31 December Risk Scientific, Technical & Medical Legal Exhibitions RELX nm - not meaningful & RELX 2020 37.0% 37.9% 20.1% nm 29.2% 2021 37.0% 37.8% 20.5% 1.9% 30.5% 17#18Adjusted income statement Year to 31 December Revenue Operating profit Operating margin Net interest expense Effective interest rate Profit before tax Tax charge Tax rate % Net profit Earnings per share 2020 £m 7,110 2,076 29.2% (160) 2.1% 1,916 (373) 19.5% 1,543 80.1p & RELX 2021 £m 7,244 2,210 30.5% (133) 2.0% 2,077 (384) 18.5% 1,689 87.6p change +2% +6% +8% +9% +9% change constant currency +8% +13% +15% +17% +17% change underlying +7% +13% 18#19Free cash flow Year to 31 December Adjusted operating profit Depreciation and amortisation of internally developed intangibles Depreciation of right-of-use assets Pre-publication amortisation Capital expenditure Repayment of lease principal (net) Working capital and other items Adjusted cash flow Cash flow conversion rate Cash interest paid Cash tax paid Exhibitions exceptional costs Acquisition-related items Free cash flow & RELX 2020 £m 2,076 341 88 62 (362) (87) (109) 2,009 97% (172) (496) (51) (67) 1,223 2021 £m 2,210 347 80 60 (337) (76) (54) 2,230 101% (118) (342) (52) (46) 1,672 19#20Uses of free cash flow Year to 31 December ee cash flow Acquisitions: total consideration Disposals* Dividends Share buybacks Other** Currency translation Movement in net debt Net debt at 31 December Net debt / EBITDA (including pensions) Net debt / EBITDA (excluding pensions) 2020 £m 1,223 (878) 15 (880) (150) (3) (34) (707) (6,898) 3.3x 3.0x * Includes net proceeds from disposals in ventures portfolio ** Includes pension deficit payments, option proceeds, share purchases by the employee benefit trust, leases, acquisition timing effects & RELX 2021 £m 1,672 (255) 190 (920) 20 174 881 (6,017) 2.4x 2.3x 20#21Uses of cash - priorities 1. Organic development Capex (£m) 2. Portfolio reshaping Acquisition consideration (£m) 3. Dividends Total payout (£m) 4. Leverage Net debt / EBITDA* 5. Buybacks Deployed (£m) * Including pensions 2017 354 123 762 2.2 x 700 2018 362 978 796 2.4 x 700 2019 2020 380 416 842 2.5 X 600 & RELX 362 878 880 3.3 x 150 2021 337 255 920 2.4 x 0 Average: 5% of sales Average: c£500m Dividend cover: 1.8x Returned within historical range of 2.2 − 2.5× 2022: £500m 21#22Corporate responsibility performance Key internal metrics People Percentage of female managers 219 43% Emissions* 2010 2020 203 194 182 44% 2021 168 158 Socially responsible suppliers (SRS) Percentage signing supplier code of conduct 96% 154 91% 2020 151 150 I 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 *Scope 1, 2 (location-based) and business flights from Scope 3 emissions (tCO₂e '000s) 138 2021 & RELX 76 54 2021 Unique contributions 62% increase in content on free RELX SDG Resource Centre Expanded content available on Elsevier's Novel Coronavirus Information Center Expanded ADAM missing child alert service in US External recognition MSCI: AAA Sustainalytics ESG reports: Achieved 1st in industry sector 11th out of 14,000+ companies 4th in Responsibility100 Index 22#23Erik Engstrom, CEO & RELX 23#24Summary 2021 Strong financial results Further operational and strategic progress Continued strong corporate responsibility performance 2022 outlook Following the improved performance in 2021 across the company, we expect 2022 full year underlying growth rates in revenue and adjusted operating profit, as well as constant currency growth in adjusted earnings per share, to remain above historical trends & RELX 24#25Appendices 26 RELX revenue by segment ~ 8 2 8 ö 27 RELX revenue by category 28 29 30 31 32 33 34 35 36 37 RELX revenue by format Risk: revenue split Risk: underlying revenue growth STM: revenue split STM: growth and currency analysis Legal: revenue split Legal: revenue, profit and margin progression Exhibitions: revenue split Exhibitions: cycling impact Exhibitions: revenue and cost 38 39 40 41 42 43 & RELX Reconciliation of adjusted to reported profit before tax Balance sheet Return on invested capital Currency profile Exchange rates and shares outstanding Corporate responsibility - external recognition 25#26RELX revenue by segment Legal News & business Government & academic Law firms & corporate legal Pro forma 2021 revenues for January 2022 portfolio Legal print STM print Databases, tools & electronic reference Exhibitions STM Business services & RELX Corporate primary research Insurance Risk Specialised industry data services Government Academic & government primary research 26#27RELX revenue by category 2021 Face- to-face 7% Format Print 7% Electronic 86% Europe 20% Rest of world 20% Geography & RELX North America 60% Transactional* 42% Туре Subscription 58% * Includes long term contracts with volumetric elements 27#28RELX revenue by format 2000-2021: 64% 14% 22% 2000 64% 14% 22% 2001 60% 12% 28% 2002 58% 12% 30% 2003 56% 12% 32% 2004 52% 13% 35% 2005 51% 12% 37% 2006 37% 15% 48% 2007 33% 17% 50% 27% 2008 14% 59% 25% 14% 61% 22% 2010 15% 63% 21% 15% 2009 2011 2012 ■Electronic Face-to-face Print 64% & RELX 19% 15% 66% 2013 18% 16% 66% 2014 15% 15% 70% 2015 13% 15% 72% 2016 11% 15% 74% 2017 10% 16% 74% 2018 9% 16% 75% 2019 8% 5% 87% 2020 7% 7% 86% 2021 28#29Risk Format Face-to-face 1% Electronic 99% 2021 revenue £2,474m Europe 14% Geography Rest of world 7% North America 79% & RELX Transactional* 60% Туре Subscription 40% * c90% under long term contracts with volumetric elements 29#30Risk underlying revenue growth +5% ** 2012 +6% *Products more than 5 years old Products less than 5 years old +6% 2013 2014 +7% 2015 +9% 2016 +8% 2017 +9% +7% |i₁| il +3% +8% 2018 2019 2020 2021 & RELX Base market growth contribution* Contribution from recent product introductions** 30#31Scientific, Technical & Medical Print 12% Format Electronic 88% 2021 revenue £2,649m Geography Rest of world 31% Europe 23% & RELX North America 46% Transactional 26% Туре Subscription 74% 31#32Scientific, Technical & Medical Growth and currency analysis FY 2021 FY 2020 FY 2019 Revenue Adjusted operating profit Adjusted operating margin Revenue Adjusted operating profit Adjusted operating margin Revenue Adjusted operating profit Adjusted operating margin Underlying +3% +3% 0.0% +1% +1% 0.0% +2% +3% +0.3% Portfolio changes +1% 0% -0.2% 0% -1% -0.3% -1% -1% -0.1% Period Constant change in currency hedge rates +4% 0% +3% 0% -0.2% +0.2% +1% 0% -0.3% +1% +2% +0.2% & RELX +1% +2% +0.5% +1% +1% +0.2% Other currency -6% -5% -0.1% 0% +2% +0.5% +2% +1% -0.3% Total currency -6% -5% +0.1% +1% +4% +1.0% +3% +2% -0.1% Total change in £ -2% -2% -0.1% +2% +4% +0.7% +4% +4% +0.1% 32#33Legal Face-to-face 1% Format Print 12% Electronic 87% Europe 22% 2021 revenue £1,587m Geography Rest of world 12% North America 66% & RELX Transactional 21% Туре Subscription 79% 33#34Legal revenue, profit and margin progression Revenue growth Underlying +3% +1% +2% +2% +2% +2% +1% +1% +1% +1% Constant currency +2% 0% -1% -1% -1% +2% +1% -6% -4% -1% Reported growth in £ -3% -1% +2% -4% +4% +12% +3% -11% -3% -1% 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 Note: 2012 shown before revised allocation of corporate and shared costs & RELX Adjusted operating profit growth Underlying +5% +7% +8% +10% +11% +12% +7% +6% +5% +4% Constant currency +4% +1% +1% 0% +1% +2% +5% +10% +1% +4% Reported growth in £ -1% 0% +3% -2% +7% +14% +5% +4% +2% +2% Adjusted operating margin 20.5% 20.1% 20.0% 19.8% 19.6% 19.2% 19.0% 18.6% 15.9% 14.5% 34#35Exhibitions Face-to-face 89% Format Electronic 11% 2021 revenue £534m Rest of world 46% Geography North America 19% & RELX Europe 35% Admission fees and other 28% Source Exhibitor fees 72% 35#36Exhibitions: cycling impact Revenue growth Total at constant currencies Impact of portfolio changes Underlying with cycling Impact of cycling shows Underlying 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 +12% +2% -72% +55% +25% +2% +11% +1% +15% +2% +9% 0% +10% 0% +2% +1% +1% +1% +1% +2% -1% -1% +8% -5% +2% -5% +7% +7% +7% +9% & RELX +8% +3% +5% +5% +1% 0% +11% 0% -71% +56% -6% +5% -6% -2% +12% +6% +6% +6% -69% +44% 36#37Exhibitions revenue and cost £m Revenue Cost Owned portfolio profit contribution JV contribution Adjusted operating profit *Excluding 2020 exceptional costs of £183m & RELX 2020* 362 (540) (178) 14 (164) 2021 534 (550) (16) 26 10 37#38Reported profit Reconciliation of adjusted to reported profit before tax Year to 31 December Adjusted profit before tax Adjustments: Amortisation of acquired intangible assets Exhibitions exceptional costs Acquisition-related items Disposals and other non-operating items Other Reported profit before tax Reported net profit Reported earnings per share & RELX 2020 £m 1,916 (376) (183) 12 130 (16) 1,483 1,224 63.5p 2021 £m 2,077 (298) (21) 55 (16) 1,797 1,471 76.3p change +8% +21% +20% +20% 38#39Balance sheet Goodwill & acquired intangible assets Internally developed intangible assets Property, plant & equipment and investments Right-of-use assets Net pension obligations Working capital Net capital employed (book value) & RELX 31 Dec 2020 31 Dec 2021 £m £m 9,405 9,419 1,244 524 216 (624) (1,229) 9,536 1,251 343 161 (269) (1,095) 9,810 39#40Return on invested capital Year to 31 December Adjusted operating profit Tax at effective rate Effective tax rate Adjusted operating profit after tax Average invested capital (at average FX rates) Return on invested capital & RELX 2020 £m 2,076 (405) 19.5% 1,671 15,435 10.8% 2021 £m 2,210 (409) 18.5% 1,801 15,108 11.9% 40#41Currency profile Revenue by geographic market 2021 UK 7% Rest of world 20% Rest of Europe 13% Revenue by currency broadly matches geographic split North America 60% & RELX 41#42Exchange rates and shares outstanding Exchange rates £:$ £:€ Shares outstanding Total (m) At 31 Dec 2020 1.37 1.12 1,926 & RELX At 31 Dec 2021 1.35 1.19 1,929 Average FY 2020 1.28 1.12 1,926 Average FY 2021 1.38 1.16 1,928 42#43Corporate responsibility - external recognition Among best in our peer group; strong ESG performance MSCI ESG ratings Sustainalytics Dow Jones Sustainability Indices Responsibility 100 Index Climate100 Index FTSE4Good Euronext Vigeo Eiris indices UK 20 ECPI MSCI ESG RATINGS CCCBB 888 A AA AAA SUSTAINALYTICS Maner of Dow Jones Sustainability Indices by the AAA ECPI Tortois. Tenco The Climate100 Index Mening 100 Index D. FTSE4Good Co lorto LUSIVE W EURONEXT vigequiris INDICES UK 20 Responsibility Bloomberg Generally FINANCIAL TIMES Sense in sustainability 2 Prime ISS-oekom>> Workplace Pride 2021 Advocates Bloomberg Gender Equality Index FT Europe's Climate Leaders 2021 ISS-Oekom Corporate responsibility Workplace Pride 2021 Advocates RELX AAA rating since 2016 Top 1% of 14,000 companies; 1st in Media sector 3rd in professional services sector 4th in FTSE 100 6th in FTSE 100 Included Included Included Included Included Prime status Awarded 43

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