RELX Investor Day Presentation Deck

In the US, ~50 million or 20% of consumers are credit invisibles Credit invisibles face major challenges in accessing financing; this has been further intensified by the pandemic Credit invisibles by income¹ Transaction demand change² Credit data is used to generate a credit score, traditionally used by the banks to evaluate the risk of lending The term credit invisibles applies to consumers with limited credit records that are collected by the three nationwide credit bureaus They fall into one of two categories: no credit data or thin (stale/ insufficient) credit data Low-income and Black and Hispanic consumers are disproportionately impacted Without traditional credit scores, customers face greatly reduced access to affordable financial products, housing and employment The challenge has further worsened in 2020, as the pandemic saw credit invisibles steadily accelerate their credit seeking Many of these consumers are creditworthy, they just lack the credit history to demonstrate it Low Moderate Middle Upper Black Hispanic Asian 9% Credit invisibles by race/ethnicity¹ White 19% 30% 28% 28% 17% 16% 45% 40% 30% 20% 10% 0 -10% -20% Jan-20 US lockdown Jul Credit visible consumers Credit invisible consumers Source: (1) CFPB Data Point: Credit Invisibles (2015) (2) LexisNexis Risk Solutions Information Hub. Transactional demand defined as demand for financial products as measured by new applications (percentage change calculated against January 2020 baseline) & RELX Jan-21 26

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