Verisk Analytics, Inc. · NASDAQ:VRSK

Verisk Analytics — William Blair 42nd Annual Growth Stock Conference (June 2022)

25 slides from Verisk Analytics's conference presentation, Jun 6, 2022

1. Slide 1: Verisk Analytics

   Verisk Analytics William Blair 42nd Annual Growth Stock Conference Lee Shavel Chief Executive Officer June 2022 © VeriskAnalytics, ©Verisk Analytics,Inc. Inc.All All rights rightsreserved. reserved. 1

2. Slide 2: Forward-Looking Statements, Safe Harbor, and Non-GAAP Financial Measures

   Forward-Looking Statements, Safe Harbor, and Non-GAAP Financial Measures Forward-Looking Statements This release contains forward-looking statements. These statements relate to future events or to future financial performance and involve known and unknown risks, uncertainties, and other factors that

3. Slide 3: Company Overview

   Company Overview © VeriskAnalytics, ©Verisk Analytics,Inc. Inc.All All rights rightsreserved. reserved. 3

4. Slide 4: Leading Data-Driven Analytic Insights and Solutions Partner

   Company Overview Leading Data-Driven Analytic Insights and Solutions Partner Insurance Energy • Select and price risk with • Global leader in more accuracy natural resource intelligence • Automate the claims process • Provide market insights across oil, • Mitigate fraud gas, power, • Quantify impact

5. Slide 5: We Have a Proven Track Record of Growth and Innovation

   Company Overview We Have a Proven Track Record of 2022 Growth and Innovation Global leader in innovative data analytics 2009 For-profit 1997 transition U.S. insurance 2020 1971 advisory rating 2018 First organization 2015 human rights risk 2012 Cutting-edge cyber risk indices solutions 2006 Energy F

6. Slide 6: What Sets Us Apart and Guides Our Company

   Company Overview What Sets Us Apart and Guides Our Company Unique and Growing Deep Domain Expanding Integration Broad and Effective Data Assets Expertise With into Customer Distribution of Increasing Industry Workflows Innovation Demand © Verisk Analytics, Inc. All rights reserved. 6

7. Slide 7: Our Talent: A Foundation for Growth and Innovation

   Company Overview Our Talent: A Foundation for Growth and Innovation Global Reach and Headcount Our People Core Values • Actuaries • Insurance experts Respect for the Individual Integrity • Commodity specialists • Meteorologists 35% • Data and AI scientists • Natural resources Teamwork Passion 2021 •

8. Slide 8: Sustainable Growth

   Company Overview Sustainable Growth 1,2,3 Total Organic Revenue Revenue $ % Growth Normalized Organic Constant Currency3 9% 8% 8% 8% 8% 7% 7% 7% 7% 6% 6% 5% 5% 4% 3% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 1. Organic growth includes businesses owned for a full year

9. Slide 9: Solid Profitability Growth

   Company Overview Solid Profitability Growth 1,2 % Adjusted EBITDA EBITDA $ % Growth 12% 23% CAGR 20% 15% 16% 12% 13% 11% 12% 11% 9% 9% 8% 7% 7% 4% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 1. x 1. Figures exclude discontinued operations. 2. Adjusted EBITDA defined as

10. Slide 10: CEO Focus

    Company Overview CEO Focus Driving LT Value for Shareholders is a Derivative of Value to Customers & Employees Near Term Longer-Term • Deliver on committed margin expansion target • Broaden role as technology partner for customers • Advance toward Energy separation • Industry-wide solution product o

11. Slide 11: Strategy and Long-Term Value Creation

    Strategy and Long-Term Value Creation © VeriskAnalytics, ©Verisk Analytics,Inc. Inc.All All rights rightsreserved. reserved. 11

12. Slide 12: Our Strategy for Growth is a Repeatable Process

    Strategy and Long-Term Value Creation Our Strategy for Growth is a Repeatable Process Develop New Increase Solution Leverage Our Pursue Strategic Proprietary Data Driven Penetration Intellectual Capital Acquisitions Solutions We help our customers improve operations, decisions, and performance. © Ve

13. Slide 13: Our Long-Term Financial Targets

    Strategy and Long-Term Value Creation Our Long-Term Financial Targets ORGANIC REVENUE GROWTH 7% on average, over time ORGANIC EBITDA GROWTH 1–2 pts faster than revenue growth ROIC ADJUSTED EPS Increase over time Double-digit growth © Verisk Analytics, Inc. All rights reserved. 13

14. Slide 14: Value Creation Strategy With A Keen Focus on Capital Allocation

    Strategy and Long-Term Value Creation Value Creation Strategy With A Keen Focus on Capital Allocation Attractive + = Operating and Growing Value Cash Flow Returns on Creation Growth Capital • Organic revenue • Investment growth opportunities • Operating leverage (internal and external) • Expense dis

15. Slide 15: M&A Investment Process Improvements

    Strategy and Long-Term Value Creation M&A Investment Process Improvements • Concentrate deals within our existing verticals – not looking for another vertical • Focus on targets where Verisk can create incremental value • Executive and business unit (BU) management sponsor for every deal • Apply val

16. Slide 16: Changes in Acquisition Process Driving A Change in Outcomes

    Strategy and Long-Term Value Creation Changes in Acquisition Process Driving A Change in Outcomes Over last 4 years, 70% of acquisition capital has gone into the Insurance vertical 2015-2017 Acquisition Spend 2018-2021 Acquisition Spend Total Spend: $4.2B on 22 acquisitions Total Spend: $1.5B on 20

17. Slide 17: A Greater Portion of Capital Dedicated to Internal Investment & Capital Return

    Strategy and Long-Term Value Creation A Greater Portion of Capital Dedicated to Internal Investment & Capital Return Over the last 3 years, more than 50% of capital was returned to shareholders Uses of Capital % returned through dividends and repurchases $3,500 1% $3,000 $2,500 $ in millions $2,000

18. Slide 18: Corporate Sustainability & Governance

    Corporate Sustainability & Governance © VeriskAnalytics, ©Verisk Analytics,Inc. Inc.All All rights rightsreserved. reserved. 18

19. Slide 19: Our Core Commitments

    Corporate Sustainability & Governance Our Core Commitments Statement on Code of Business Statement on Greenhouse Approach to Long-Term Value Conduct and Climate Change Gas Emissions Cybersecurity Creation Ethics Inventory Privacy Shield Anti-Bribery and Statement on Statement on Privacy Policies Cor

20. Slide 20: Committed to Corporate Social Responsibility: Recent Milestones

    Corporate Sustainability & Governance Committed to Corporate Social Responsibility: Recent Milestones 2021 Climate Emissions Inventory Energy-Saving Disclosure Report and 2024 Targets Initiatives Highlights how we understand and manage For the fourth year in a row, balanced Verisk’s headquarters and

21. Slide 21: Appendix

    Appendix © VeriskAnalytics, ©Verisk Analytics,Inc. Inc.All All rights rightsreserved. reserved. 21

22. Slide 22: Non-GAAP Reconciliations

    Appendix Non-GAAP Reconciliations Specified Metrics The company has provided certain non-GAAP financial information as supplemental information regarding its operating results. These measures are not in accordance with, or an alternative for, U.S. GAAP and may be different from non-GAAP measures rep

23. Slide 23: Non-GAAP Reconciliations

    Appendix Non-GAAP Reconciliations Adjusted EBITA 2021 2020 2019 2018 2017 2016 2015 2014 2013 Net income $666.3M $712.7M $449.9M $598.7M $555.1M $591.2M $507.6M $400.0M $348.4M Depreciation and amortization of fixed assets 206.9M 192.2M 185.7M 165.3M 135.6M 119.1M 96.6M 65.4M 49.2M Amortization of i

24. Slide 24: Non-GAAP Reconciliations

    Appendix Non-GAAP Reconciliations Free Cashflow 2021 2020 2019 2018 2017 2016 Net cash provided by operating activities $1,155.7M $1,068.2M $956.3M $934.4M $743.5M $577.5M Net cash provided by operating activities from discontinued operations —M —M —M —M —M (21.4)M Capital expenditures (268.4)M (246

25. Slide 25: © Verisk Analytics, Analytics, Inc. Inc. All

    © VeriskAnalytics, ©Verisk Analytics,Inc. Inc.All All rights rightsreserved. reserved. 25

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