Slide 1: First half results 2026
First half results 2026 Erik Engstrom, CEO, and Nick Luff, CFO 23 July 2026
Slide 2: Disclaimer regarding forward-looking statements
DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended. These statements are subject to risks and uncer
Slide 3: Erik Engstrom, CEO
Erik Engstrom, CEO G@.RELX
Slide 4: RELX H1 2026
RELX H1 2026 • Strong financial results • Further operational and strategic progress • Continued positive momentum 4
Slide 5: H1 2026 financial highlights
H1 2026 financial highlights • Underlying revenue growth +7% • Underlying adjusted operating profit growth +9% • Adjusted EPS growth at constant currency +11% 5
Slide 6: RELX H1 2026 revenue and adjusted operating profit by segment
RELX H1 2026 revenue and adjusted operating profit by segment RELX Group revenue RELX Group adjusted operating profit (+7%) (+9%) Exhibitions (+6%) Exhibitions (+2%) Risk (+8%) Risk (+10%) Legal (+13%) Legal (+10%) STM (+6%) STM (+8%) Print & print-related Print & print-related Percentages represent
Slide 7: Risk
Risk Underlying growth Revenue • Strong fundamentals continuing to drive underlying revenue growth +8% +8% • Business Services strong growth driven by Financial Crime Compliance and digital Fraud & Identity solutions; strong new sales • Insurance strong growth driven by further innovation and adopti
Slide 8: Scientific, Technical & Medical
Scientific, Technical & Medical Underlying growth Revenue • Improving underlying revenue growth driven by continued development of analytics and tools +5% +6% • Step up to strong growth, supported by increasing pace of new product introductions; strong new sales H1 2025 H1 2026 • Databases, Tools &
Slide 9: Legal
Legal Underlying growth Revenue • Further improvement in underlying revenue growth driven by AI-enabled legal +10% analytics and tools +9% • Law Firms & Corporate Legal double-digit growth driven by continued adoption of core AI-enabled legal research and analytics platform with its integrated agent
Slide 10: Exhibitions
Exhibitions Underlying growth Revenue • Continued strong underlying revenue growth +8% • Strong ongoing growth profile of event portfolio, slightly moderated by some +6% travel disruption • Good progress on value-enhancing digital initiatives H1 2025 H1 2026 • First half underlying adjusted operatin
Slide 11: RELX strategic direction
RELX strategic direction Strategy • Develop increasingly sophisticated information-based analytics and decision tools that deliver enhanced value to professional and business customers across market segments • Primary focus on organic growth, supported by targeted acquisitions Revenue growth objecti
Slide 12: Nick Luff, CFO
Nick Luff, CFO G@.RELX 12
Slide 13: H1 2026 financial highlights
H1 2026 financial highlights Income statement highlights • Underlying revenue growth +7% • Underlying adjusted operating profit growth +9% • Adjusted operating profit margin 35.5% • Adjusted EPS growth at constant currency +11% Cash flow and balance sheet highlights • Adjusted cash flow conversion 9
Slide 14: Revenue
Revenue Change at 2025 2026 Change constant Underlying 6 months to 30 June GBPm GBPm in GBP currency growth Risk 1,748 1,810 +4% +7% +8% Scientific, Technical & Medical 1,323 1,370 +4% +6% +6% Legal 900 959 +7% +9% +10% Exhibitions 581 575 -1% +1% +6% Print & print-related activities 189 157 RELX 4,
Slide 15: Adjusted operating profit
Adjusted operating profit Change at 2025 2026 Change constant Underlying 6 months to 30 June GBPm GBPm in GBP currency growth Risk 660 697 +6% +9% +10% Scientific, Technical & Medical 491 519 +6% +8% +8% Legal 188 208 +11% +12% +13% Exhibitions 234 226 -3% -1% +2% Print & print-related, and unalloca
Slide 16: Adjusted operating margin
Adjusted operating margin 6 months to 30 June 2025 2026 Risk 37.8% 38.5% Scientific, Technical & Medical 37.1% 37.9% Legal 20.9% 21.7% Exhibitions 40.3% 39.3% RELX 34.8% 35.5% 16
Slide 17: Adjusted income statement
Adjusted income statement Change at 2025 2026 Change constant Underlying 6 months to 30 June GBPm GBPm in GBP currency growth Revenue 4,741 4,871 +3% +5% +7% EBITDA 1,908 1,992 EBITDA margin 40.2% 40.9% Operating profit 1,652 1,727 +5% +7% +9% Operating margin 34.8% 35.5% Net interest expense (137)
Slide 18: Free cash flow
Free cash flow 2025 2026 6 months to 30 June GBPm GBPm Adjusted operating profit 1,652 1,727 Depreciation and other amortisation 256 265 EBITDA 1,908 1,992 Capital expenditure (255) (292) Repayment of lease principal (21) (16) Working capital and other items 20 7 Adjusted cash flow 1,652 1,691 Cash
Slide 19: Uses of free cash flow
Uses of free cash flow 2025 2026 6 months to 30 June GBPm GBPm Free cash flow 1,146 1,163 Acquisitions: total consideration (262) (103) Disposals: total consideration 11 62 Dividends (824) (851) Share buybacks (1,000) (1,750) Other* (159) (105) Currency translation 208 52 Movement in net debt (880)
Slide 20: Erik Engstrom, CEO
Erik Engstrom, CEO G@.RELX 20
Slide 21: Summary
Summary H1 2026 • Strong financial results • Further operational and strategic progress Full year 2026 outlook • We continue to see positive momentum across the group, and we expect another year of strong underlying growth in revenue and adjusted operating profit, as well as strong growth in adjuste
Slide 22: Appendices
Appendices Slide 23 RELX H1 2026 revenue by category 24 RELX revenue by segment 25 Risk revenue split 26 STM revenue split 27 Legal revenue split 28 Exhibitions revenue split 29 Balance sheet 30 Exchange rates and shares outstanding 22
Slide 23: RELX H1 2026 revenue by category
RELX H1 2026 revenue by category Format Geography Type Face- Rest of to-face world 11% 20% Transactional* 46% Europe 21% North Subscription Electronic America 54% 86% 59% Print & print-related *Includes long-term contracts with volumetric elements 23
Slide 24: RELX revenue by segment
RELX revenue by segment (H1 2026 underlying revenue growth %) RELX Group (+7%) Exhibitions (+6%) Business Services News & Business Risk (+8%) Government & Academic Insurance Legal (+10%) Law Firms & Corporate Legal Specialised Industry Data Services Government Primary Research Databases, Tools & Ele
Slide 25: Risk
Risk H1 2026 revenue £1,810m Geography Type Rest of world Other 8% transactional Europe 14% Subscription 38% Transactional 62% Long-term contracts with North America volumetric elements 78% 25
Slide 26: Scientific, Technical & Medical
Scientific, Technical & Medical H1 2026 revenue £1,370m Geography Type Rest of world Transactional 36% North 22% America 42% Europe Subscription 22% 78% 26
Slide 27: Legal
Legal H1 2026 revenue £959m Geography Type Rest of world Transactional 11% 16% Europe 21% North America Subscription 68% 84% 27
Slide 28: Exhibitions
Exhibitions H1 2026 revenue £575m Geography Source Visitors North America and other Rest of world 26% 27% 36% Exhibitors Europe 73% 38% 28
Slide 29: Balance sheet
Balance sheet 30 June 2025 30 June 2026 GBPm GBPm Fixed assets* Goodwill & acquired intangible assets 9,265 9,437 Internally developed intangible assets 1,560 1,776 Property, plant & equipment, right-of-use assets and investments 445 523 Net pension balance 21 87 Working capital (1,248) (1,210) Net
Slide 30: Exchange rates and shares outstanding
Exchange rates and shares outstanding At 31 Dec At 30 June Average Average Average 2025 2026 H1 2025 FY 2025 H1 2026 Exchange rates £:$ 1.35 1.33 1.30 1.32 1.35 £:€ 1.15 1.16 1.19 1.17 1.15 Shares outstanding Total (m) 1,819.1 1,749.8 1,845.1 1,834.4 1,786.5 30