Alight, Inc. · NYSE:ALIT

Alight — Q3 2025 Earnings Presentation

18 slides from Alight's earnings presentation, Nov 5, 2025

1. Slide 1: © 2025 Alight. All rights reserved.

   © 2025 Alight. All rights reserved.

2. Slide 2: © 2025 Alight. All rights reserved.

   © 2025 Alight. All rights reserved.

3. Slide 3: © 2025 Alight. All rights reserved.

   • • • • • • • • • • • © 2025 Alight. All rights reserved.

4. Slide 4: Enhanced AI-driven solution for smarter, personalized benefits enrollment

   Enhanced Al-driven solution for smarter, personalized benefits enrollme Revolutionizing user interaction Conversational enrollment transforms how users interact, yielding more informed and confident decision making. Streamlined enrollment processes Greater automation a populated enrollment options,

5. Slide 5: Leveraging AI to redefine service excellence in our call centers

   Leveraging Al to redefine service excellence in our call centers Introduced Agent Assist at investor day and actively being piloted with several clients and other business p\ Did you know you cai cone of the following options. You can sa} dependent verification for tr ° questions including benefits

6. Slide 6: © 2025 Alight. All rights reserved.

   © 2025 Alight. All rights reserved.

7. Slide 7: © 2025 Alight. All rights reserved.

   • • © 2025 Alight. All rights reserved.

8. Slide 8: © 2025 Alight. All rights reserved.

   © 2025 Alight. All rights reserved.

9. Slide 9: © 2025 Alight. All rights reserved.

   • • • © 2025 Alight. All rights reserved.

10. Slide 10: © 2025 Alight. All rights reserved.

    • • • • • © 2025 Alight. All rights reserved.

11. Slide 11: © 2025 Alight. All rights reserved.

    © 2025 Alight. All rights reserved.

12. Slide 12: © 2025 Alight. All rights reserved.

    © 2025 Alight. All rights reserved.

13. Slide 13: Reconciliation of Free Cash Flow with Proforma Adjustments (unaudited)

    Reconciliation of Free Cash Flow with Proforma Adjustments (unaudited) 13 © 2025 Alight. All rights reserved.

14. Slide 14: © 2025 Alight. All rights reserved.

    © 2025 Alight. All rights reserved.

15. Slide 15: Reconciliation of Net Income (Loss) to Adjusted EBITDA (unaudited)

    Reconciliation of Net Income (Loss) to Adjusted EBITDA (unaudited) Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, (in millions) 2025 2024 2025 2024 Net Income (Loss) From Continuing Operations $ (1,055) $ (44) $ (2,145) $ (169) Interest expense 24 19 68

16. Slide 16: Reconciliation of Net Income (Loss) to Adjusted EBITDA and Net Leverage Ratio for Trailing Twelve Months

    Reconciliation of Net Income (Loss) to Adjusted EBITDA and Net Leverage Ratio for Trailing Twelve Months (unaudited) Twelve Months Ended September 30, (in millions) 2025 Net Income (Loss) From Continuing Operations $ (2,116) Interest expense 88 Income tax expense (benefit) (178) Depreciation 125 Int

17. Slide 17: Reconciliation of Gross Profit to Adjusted Gross Profit (unaudited)

    Reconciliation of Gross Profit to Adjusted Gross Profit (unaudited) Three Months Ended September 30, (in millions) 2025 2024 Gross Profit $ 178 $ 174 Add: stock-based compensation — 3 Add: depreciation and amortization 28 23 Adjusted Gross Profit $ 206 $ 200 Gross Profit Margin 33.4 % 31.4 % Adjuste

18. Slide 18: Reconciliation of Net (Loss) Income to Adjusted Net Income & Adjusted Diluted Earnings per Share

    Reconciliation of Net (Loss) Income to Adjusted Net Income & Adjusted Diluted Earnings per Share (unaudited) Three Months Ended Nine Months Ended 1. Excludes the impact of discontinued operations. September 30, September 30, September 30, September 30, 2. Transaction and integration expenses primari

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