Visa Investor Day

VISA Capital allocation - dividends Plan for annual increases with dividend levels attractively. positioned relative to S&P 500 companies with EPS growth above 15%... vs. targeting any predetermined payout ratio Dividend Yield 2.7% Dividend Payout Ratio Current Dividend / LTM EPS 42.0% 1.5% 0.7% 0.5% 0.1% <10% ≥10% ≥15% ≥20% Visa <15% <20% IBES EPS Growth* 70 | Visa Investor Day *As of May 15, 2013 ** Adjusted EPS 28.0% 19.0% 8.0% 0.0% <10% ≥10% ≥15% ≥20% Visa** <15% <20% IBES EPS Growth*

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