Slide 1: Second Quarter 2022 Earnings
v Second Quarter 2022 Earnings Chris Cartwright, President and CEO Todd Cello, CFO July 26, 2022 Exhibit 99.2
Slide 2: Forward-Looking Statements
© 2022 TransUnion LLC All Rights Reserved | 2 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of TransUnion’s management and
Slide 3: Agenda
© 2022 TransUnion LLC All Rights Reserved | 3 Market perspectives and financial highlights Acquisition integration updates Second quarter 2022 financial results 1 2 3 2022 guidance and portfolio resiliency review4
Slide 4: Market Perspectives
© 2022 TransUnion LLC All Rights Reserved | 4 Market Perspectives U.S. consumer health remains positive supported by high employment, income growth, sound balance sheets, solid savings rates and low delinquencies Emerging markets rebound after pandemic restrictions lifted; outsized growth in India,
Slide 5: Strong Second Quarter 2022 Results
© 2022 TransUnion LLC All Rights Reserved | 5 Market-leading growth in Financial Services, Insurance, Public Sector, and Media Double-digit organic growth1 internationally, led by India, Asia Pacific, Latin America and Africa Acquisitions performing well with growing sales pipelines and cost synergi
Slide 6: Bridge to Updated 2022 Revenue Guidance
© 2022 TransUnion LLC All Rights Reserved | 6 Bridge to Updated 2022 Revenue Guidance $3,875M $3,775M ($15M) ($20M) ($25M) No Change ($20M) ($20M) Prior Revenue Guide (Midpoint) Q2 Miss vs. Guide (Midpoint) Mortgage Impact U.S. Markets ex-Mortgage International Consumer Interactive FX Current Revenu
Slide 7: Neustar update
© 2022 TransUnion LLC All Rights Reserved | 7 Marketing, fraud, and communication solutions powered by OneID platform • Full-year 2022 revenue on acquisition case and ahead on Adjusted EBITDA • Accelerating integration of product and functional capabilities, including marketing, fraud, analytics, te
Slide 8: Sontiq update
© 2022 TransUnion LLC All Rights Reserved | 8 Sontiq Identity theft and cybercrime solutions for consumers and business, including identity monitoring, restoration, and breach response • Integrated go-to-market approach with excellent early cross-selling results – Signed several breach deals that wi
Slide 9: Argus update
© 2022 TransUnion LLC All Rights Reserved | 9 Insights and analytics for credit, debit card accounts and checking accounts spend behavior • Closed acquisition on April 8th • Positive feedback from consortium lenders who view TransUnion as a natural owner, with strong interest in enhancing Argus data
Slide 10: New Board members deepen technology and product innovation expertise
© 2022 TransUnion LLC All Rights Reserved | 10 New Board members deepen technology and product innovation expertise at TransUnion Hamidou Dia VP and Global Head of Solutions Engineering at Google Cloud Ravi Kumar President of Infosys
Slide 11: Consolidated Q2 2022 Highlights
© 2022 TransUnion LLC All Rights Reserved | 11 For additional information, refer to the “Non-GAAP Financial Information” section on slide 2 and the Appendix at the back of this investor presentation. Reported ($M) Y/Y Change Revenue $948 30% Constant Currency Revenue 32% Organic Constant Currency Re
Slide 12: U.S. Markets Q2 2022 Highlights
© 2022 TransUnion LLC All Rights Reserved | 12 Reported ($M) Reported Y/Y FX Impact Inorganic Impact Organic Constant Currency Revenue $633 44% — (40)% 5% Financial Services 301 11% — (8)% 3% Emerging Verticals 332 98% — (90)% 8% Adjusted EBITDA $234 25% — (22)% 3% U.S. Markets Q2 2022 Highlights ►U
Slide 13: Consumer Interactive Q2 2022 Highlights
© 2022 TransUnion LLC All Rights Reserved | 13 Reported ($M) Reported Y/Y FX Impact Inorganic Impact Organic Constant Currency Revenue $147 8% — (17)% (9)% Adjusted EBITDA $68 5% — (11)% (6)% Consumer Interactive Q2 2022 Highlights ►Direct and indirect channel revenue both declined due to reduced de
Slide 14: International Q2 2022 Highlights
© 2022 TransUnion LLC All Rights Reserved | 14 Reported ($M) Reported Y/Y FX Impact Inorganic Impact Organic Constant Currency Revenue $187 8% 6% — 15% Canada 33 (3)% 4% — 1% Latin America 30 13% 1% — 14% U.K. 50 (7)% 10% — 3% Africa 16 3% 9% — 12% India 40 44% 7% — 51% Asia Pacific 19 19% 3% — 22%
Slide 15: Consistent Ability to De-Lever via Adjusted EBITDA Growth
© 2022 TransUnion LLC All Rights Reserved | 15 TransUnion Has Shown a Consistent Ability to De-Lever via Adjusted EBITDA Growth • Roughly $5.9 billion of debt and $522 million cash at quarter-end • Net leverage of ~4.0x in Q2 2022, an increase from Q1 2022 following the close of VF Financial acquisi
Slide 16: Q3 2022 Guidance
© 2022 TransUnion LLC All Rights Reserved | 16 Reported Revenue: $935M to $955M +26% to +28% Assumed M&A contribution: ~27pt. benefit Assumed FX contribution: ~(2)pt. headwind Organic Constant Currency Revenue: +2% to +3% Assumed Mortgage impact: ~(5)pt. headwind Organic CC Revenue ex. Mortgage: +7%
Slide 17: FY 2022 Revenue Guidance
© 2022 TransUnion LLC All Rights Reserved | 17 Reported Revenue: $3.748B to $3.798B +27% to +28% Assumed M&A contribution: ~24pt. benefit Assumed FX contribution: ~(1)pt. headwind Organic Constant Currency Revenue: +4% to +5% Assumed Mortgage impact: ~(5)pt. headwind Organic CC Revenue ex. Mortgage:
Slide 18: FY 2022 Adjusted EBITDA, Adjusted Diluted EPS and Other Guidance
© 2022 TransUnion LLC All Rights Reserved | 18 ►Adjusted EBITDA: Decreased due to lower revenue expectations, offset by cost management actions ►Adjusted EBITDA margins: Organic margin up ~20bps, approaching 40% Adjusted EBITDA: $1.362B to $1.399B +18% to +21% Assumed FX contribution: ~(1)pt. headwi
Slide 19: Expansion has reduced our exposure to the U.S. credit cycle
© 2022 TransUnion LLC All Rights Reserved | 19 Vertical, geographic and product expansion has reduced our exposure to the U.S. credit cycle over time U.S. Financial Services Key Points 10%+ of revenues not tied to credit – Fraud, Analytics, Collections Strong capabilities supporting customer portfol
Slide 20: Emerging Verticals provide growth avenues unrelated to U.S. credit cycle
© 2022 TransUnion LLC All Rights Reserved | 20 Emerging Verticals provide growth avenues unrelated to U.S. credit cycle Vertical % of 2022F Revenue Recession Impact Comment Insurance ~9% • Product focus on profitable growth, segmentation, fraud/ID and customer experience is relevant in all scenarios
Slide 21: International and Consumer Interactive add further diversification
© 2022 TransUnion LLC All Rights Reserved | 21 International and Consumer Interactive add further diversification Segment % of 2022F Revenue Recession Impact Comment International ~20% • U.K. and Canada facing similar macroeconomic dynamics to U.S., but without the significant mortgage headwinds • E
Slide 22: Recent acquisitions add to portfolio resiliency
© 2022 TransUnion LLC All Rights Reserved | 22 Recent acquisitions add to portfolio resiliency • Declined -1% in 2020, with Marketing flat • Communications and Fraud largely not cyclical • Marketing is deeply embedded in customer workflows and 80% subscription-based • ~90% of revenues are subscripti
Slide 23: Expected recession performance and response
© 2022 TransUnion LLC All Rights Reserved | 23 In a recession environment, we expect to continue delivering relative outperformance Highlight diversified product and vertical portfolio to offset credit-related pressures Partner with our customers – deploy thought leadership to deliver innovative sol
Slide 24: Key takeaways
© 2022 TransUnion LLC All Rights Reserved | 24 Drove Adjusted EBITDA and EPS performance through cost discipline and acquisition synergies Delivered healthy Q2 results with particular strength in U.S. Markets and International Continue to expect a strong year, with 9% to 10% organic growth excluding
Slide 25: Q&A
© 2022 TransUnion LLC All Rights Reserved | 25 Q&A
Slide 26: Appendix – Non-GAAP Reconciliations: Adjusted EBITDA and Margin
© 2022 TransUnion LLC All Rights Reserved | 26 Appendix – Non-GAAP Reconciliations Adjusted EBITDA and Consolidated Adjusted EBITDA Margin (dollars in millions)
Slide 27: Appendix – Non-GAAP Reconciliations: Adjusted Net Income and EPS
© 2022 TransUnion LLC All Rights Reserved | 27 Appendix – Non-GAAP Reconciliations Adjusted Net Income and Adjusted EPS (dollars in millions, except per share amounts)
Slide 28: Appendix – Non-GAAP Reconciliations: Adjusted Effective Tax Rate
© 2022 TransUnion LLC All Rights Reserved | 28 Appendix – Non-GAAP Reconciliations Adjusted Effective Tax Rate (dollars in millions)
Slide 29: Appendix – Non-GAAP Reconciliations: Adjusted EBITDA and EPS Guidance
© 2022 TransUnion LLC All Rights Reserved | 29 Appendix – Non-GAAP Reconciliations Adjusted EBITDA and Adjusted EPS Guidance (dollars in millions, except per share amounts)