Alight, Inc. · NYSE:ALIT

Alight — Q2 2025 Earnings Presentation

18 slides from Alight's earnings presentation, Aug 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: © 2025 Alight. All rights reserved.

   © 2025 Alight. All rights reserved.

5. Slide 5: © 2025 Alight. All rights reserved.

   • • • © 2025 Alight. All rights reserved.

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: Three Months Ended June 30, 2024 Revenue

    Three Months Ended ($ in millions) June 30, 2024 Revenue: Recurring $ 493 Proforma Adjustments 12 Recurring - adjusted 505 Project 45 Total Revenue $ 550 © 2025 Alight. All rights reserved.

12. Slide 12: Adjusted Gross Profit Reconciliation

    Three Months Ended ($ in millions) June 30, 2024 Gross Profit $ 167 Add: stock-based compensation 3 Add: depreciation and amortization 26 Add: Proforma Adjustments 23 Adjusted Gross Profit $ 219 Gross Profit Margin 31.0% Adjusted Gross Profit Margin 39.8% © 2025 Alight. All rights reserved.

13. Slide 13: Net Income (Loss) to Adjusted EBITDA Reconciliation

    Three Months Twelve Months Ended June 30, Ended June 30, (in millions) 2024 2025 Net Income (Loss) From Continuing Operations $ (4) $ (1,105) Interest expense 33 83 Income tax expense (benefit) 2 11 Depreciation 30 119 Intangible amortization 69 281 EBITDA From Continuing Operations 130 (611) Share-

14. Slide 14: Non-GAAP Free Cash Flow Reconciliation

    (in millions) Six Months Ended June 30, Non-GAAP Free Cash Flow Reconciliation 2025 2024 Cash provided by operating activities - continuing operations $ 159 $ 93 Proforma Adjustments - 52 Cash provided by operating activities - continuing operations - adjusted 159 $ 145 Capital Expenditures (57) $ (

15. Slide 15: © 2025 Alight. All rights reserved.

    © 2025 Alight. All rights reserved.

16. Slide 16: © 2025 Alight. All rights reserved.

    © 2025 Alight. All rights reserved.

17. Slide 17: © 2025 Alight. All rights reserved.

    © 2025 Alight. All rights reserved.

18. Slide 18: © 2025 Alight. All rights reserved.

    © 2025 Alight. All rights reserved.

Alight — Q2 2025 Earnings Presentation on 6ix