Fidelity National Information Services, Inc. · NYSE:FIS
Fidelity National Information Services — Merger or Acquisition (July 2023)
11 slides from Fidelity National Information Services's merger presentation, Jul 6, 2023
Slide 1: Accelerating Our Path Forward to Create Two Highly Focused Companies
ACCELERATING OUR PATH FORWARD TO CREATE TWO HIGHLY FOCUSED COMPANIES July 6, 2023
Slide 2: Disclosures
Disclosures Forward-looking Statements Our discussions today, including this presentation and any comments made by management, contain “forward-looking statements” within the meaning of the U.S. federal securities laws. Any statements that refer to future events or circumstances, including our futur
Slide 3: Statement Regarding Forward-Looking Information
Statement Regarding Forward-Looking Information This communication contains “forward-looking statements” within the meaning of the U.S. federal securities laws. Statements that are not historical facts, including statements about anticipated financial outcomes, including any earnings guidance or pro
Slide 4: Statement Regarding Forward-Looking Information
Statement Regarding Forward-Looking Information • the risk that partners and third parties who may fail to satisfy their legal obligations and risks associated with managing pension cost; cybersecurity issues, IT outages and data privacy; • risks associated with the impact, timing or terms of the pr
Slide 5: Sale of a Majority Stake of Worldpay at $18.5B
Sale of a Majority Stake of Worldpay at $18.5B FIS has entered into a definitive agreement to sell a TRANSACTION SUMMARY 55% stake of Worldpay to GTCR • The sale is the result of a rigorous evaluation process run by Enterprise Value1 ~$17.5B +consideration up to $1B contingent management and the Boa
Slide 6: Compelling Strategic Rationale
Compelling Strategic Rationale Accelerates separation and creation of two DELIVERING ON THREE VECTORS OF market leading companies ENHANCED VALUE CREATION FOR BOTH COMPANIES ANNOUNCED WITH SPIN-OFF Ensures continued commercial partnership for the benefit of both businesses + COMPELLING UPFRONT PROCEE
Slide 7: Positions Worldpay for Success
Positions Worldpay for Success Competitively Focused on Distinct Needs of Payments Clients DEFINING THE FUTURE OF • Combines the benefits of a well-established, marquee brand with the energy of an independent startup MERCHANT PAYMENT SOLUTIONS Unlocks Capital in Support of M&A and Ongoing Investment
Slide 8: Meaningful Upfront Proceeds Strengthen FIS
Meaningful Upfront Proceeds Strengthen FIS OUTCOME: ~$11.7B2 of Upfront Net Proceeds Post close, net proceeds will: • Reduce debt to ~2.5x leverage1, strengthening our balance sheet 3.2x ~2.5x and cashflow conversion • Remainder to be principally used to finance share ~$2.5B repurchases and for gene
Slide 9: Reaffirming FIS 2Q 2023 Guidance
Reaffirming FIS 2Q 2023 Guidance More Comprehensive Financial Insights to Be Provided in Conjunction with Our 2Q 2023 Earnings Release METRICS 2Q 2023 Revenue $3,675 - $3,725 Organic Revenue Growth 0% - 2% Adjusted EBITDA $1,510 - $1,540 Adjusted EBITDA Margin 41.1% - 41.3% Adjusted EPS $1.45 - $1.5
Slide 10: We Remain Committed to Progressing With A High Sense of Urgency & Focus
We Remain Committed to Progressing With A High Sense of Urgency & Focus 1 2 3 4 Q1 2023: Strategic Q2 2023 Q3 2023 2023 / 2024 Review Driving New CEO agenda Delivering on our Accelerating shareholder financial and separation through value at FIS Announced strategic announced majority Operational foc
Slide 11: Reinforcing FIS's Right to Win
Reinforcing FIS’s Right to Win • Strong franchise software businesses with a marquee set of large, global clients spanning financial institutions and corporates RESILIENT MODEL • Scaled platform, innovative software, and broad suite of solutions leveraging cloud-native architecture • Well-positioned
Fidelity National Information Services — Merger or Acquisition (July 2023) on 6ix