Factset Investor Presentation Deck slide image

Factset Investor Presentation Deck

FACTSET Disciplined expense management drives our margin expansion plan ● • Actively manage key expense drivers: people, real estate, technology and third-party data Reduce real estate footprint to reduce costs ● Focus on sustainable margin expansion to fund investment, coupled with careful expense management and productivity goals People 7% -8% growth¹ (lower than ASV² growth) • Increase workforce productivity with improved technology and "upskilling" • 66% in COE locations3 Prioritize resources for new investments and growth opportunities Real Estate ~150 bps reduction (as % Revenues) ● • Reduced real estate footprint due to hybrid operating model ● Significant reduction of real estate footprint completed, with total charges of $62 million 4 ● • Decreasing expense as a percentage of annual revenues . Continue to invest in Cloud to optimize performance Technology Support growth and investments (8.5% -9.0% of Revenues) • Increase expense growth to support investment strategy ● Above goals represent FactSet's expectations as of April 5, 2022. Actual results may differ materially from expectations above. 1 Average target growth rate through FY25 2 Organic ASV + Professional Services 3 As of February 28, 2022 4 As of May 31, 2022 Provide incremental client products and functionality ● ● Third-Party Data Costs 5% -6% growth¹ (lower than ASV² growth) Rationalize data sources Support strategic initiatives while managing base cost growth to inflation increases Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 31
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