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Investor Presentaiton

ERS ERS: 88% Recurring Revenue in 2Q 2021; Mid-Teens Recurring CAGR ERS Revenue: Recurring 1 vs. Non-recurring $ Millions $600 $500 61% $400 $300 $200 $100 Recurring Revenue CAGR² = 14% $0 2015 2016 2017 Non-recurring (L) 2018 2019 Recurring (L) 1. Recurring revenue includes maintenance and subscription. 2. Compound Annual Growth Rate, 2015 - 2020. 3. Trailing twelve months as of June 30, 2021. Moody's | Better decisions 83% 2020 TTM 2Q213 -% Recurring >>> ERS recurring revenue has grown by more than $250 million since 2015 » Emphasis on subscription products supports scalability, drives operating leverage and margin >>> Ease of use and lower cost of ownership shifting customer demand to SaaS-based solutions » Next gen products enhance customer experience, improve adoption rates and shorten sales cycles » TTM³ revenue as of 2Q 2021: - Recurring +13% - Non-recurring -23% » 2Q 2021 recurring revenue 88% of total 2Q 2021 Investor Presentation 48
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