Visa’s Acquisition of Plaid

Transaction Overview Financial Consideration Expected Financial Impact Business Leadership Capital Structure Expected Timing ● ● ● ● ● $4.9B cash consideration Approximately $400M of retention equity and deferred equity consideration in the form of Visa Restricted Stock units Fiscal Year 2021 revenue growth acceleration of 80-100 bps Fiscal Year 2021 non-GAAP¹ EPS dilution of 100-150 bps Expect transaction will be accretive to non GAAP EPS at the end of year three Plaid CEO and co-founder Zach Perret will continue to run the business, reporting to Visa Chief Product Officer, Jack Forestell Fund cash consideration with cash on hand and new debt issuance at the appropriate time No impact on our capital allocation strategy, including our previously announced stock buyback program and our dividend policy Close in 3-6 months Subject to required regulatory approvals and other customary closing conditions 1 Non GAAP EPS excludes amortization expense of acquired intangible assets, retention equity and deferred equity consideration expense, as well as non-recurring transaction and integration costs Ⓒ2020 Visa. All rights reserved. VISA

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