S&p Global Inc. · NYSE:SPGI
S&p Global — Investor Day (May 2026)
116 slides from S&p Global's investor day presentation, May 12, 2026
Slide 1: Investor Day 2026
Investor Day 2026 May 12, 2026
Slide 2: Welcome
MOBILITY GLOBAL Welcome Tejal Engman Head of Investor Relations MOBILITY GLOBAL 2
Slide 3: Disclaimer and Forward-Looking Statements
MOBILITY GLOBAL This presentation (this “Presentation”) has been prepared solely for informational purposes from information supplied by or on behalf of Mobility Global, Inc (“Mobility”) and S&P Global, Inc (“SPGI”). None of Mobility, SPGI, or any of its subsidiaries, stockholders, partners, members
Slide 4: Agenda
MOBILITY GLOBAL Agenda 4 TIME SESSION SPEAKER 08:30 – 09:30 Registration, Demos & Product Showcase 09:30 – 09:35 Welcome & Introduction Tejal Engman, Managing Director, Investor Relations 09:40 – 10:10 Strategic Vision Bill Eager, Chief Executive Officer 10:10 – 10:35 B2B Solutions Deep Dive
Slide 5: Mobility Global
MOBILITY GLOBAL MOBILITY GLOBAL 5
Slide 6: Strategic Vision
MOBILITY GLOBAL Strategic Vision Bill Eager Chief Executive Officer 6
Slide 7: Our Mission
MOBILITY GLOBAL To provide the trusted information that helps billions of people build, sell, and own vehicles with more confidence. Our Mission MOBILITY GLOBAL 7
Slide 8: Three takeaways from today
MOBILITY GLOBAL 8 Three takeaways from today Design team: Please look for images that can represent the three topics that our CEO wants the audience to take away. Feel free to create a more compelling design but it should be simple so that he can freely talk about these points and people get drawn t
Slide 9: Agenda
MOBILITY GLOBAL Agenda CORE STRATEGIC ASSETS VISION AHEAD COMPELLING VALUE PROPOSITION INTRODUCTION TO MOBILITY GLOBAL 9
Slide 10: Mobility Global today: Scaled industry leader
MOBILITY GLOBAL Mobility Global today: Scaled industry leader REVENUE BY SEGMENT 65% CARFAX 35% B2B Solutions REVENUE BY GEOGRAPHY 83% U.S. 17% International REVENUE BY CUSTOMER TYPE TOTAL REVENUE $1.75B SUBSCRIPTION REVENUE 81% 20% OEM & Supplier 62% Dealer (B2B & CARFAX) 18% Financial / Consumer /
Slide 11: Mobility Global at a glance
MOBILITY GLOBAL Mobility Global at a glance FY25 BUSINESS HIGHLIGHTS $1,485 $1,613 $1,750 2023 2024 2025 REVENUE GROWTH 8.6% CAGR 11 8.5% Revenue growth 40.6% Adj. EBITDA Margin 100% Top 40 OEMs 53M+ Car Care Users 40K+ Dealer Customers 94% Top 100 Suppliers MOBILITY: OVERVIEW MOBILITY GLOBAL
Slide 12: Accelerating industry demand for data and intelligence
MOBILITY GLOBAL Accelerating industry demand for data and intelligence 12 Mobility Global is uniquely positioned to capture that demand Growing demand for data and intelligence $8T Global Auto Market 90M+ New vehicles sold annually 1.5B+ Vehicles in operation globally AFFORDABILITY INCREASING REGULA
Slide 13: Uniquely positioned across the entire automotive ecosystem
MOBILITY GLOBAL Uniquely positioned across the entire automotive ecosystem 13 SUPPLY MARKET BUILD FINANCE SELL PLAN MOBILITY: ASSETS— CUSTOMER NETWORK 90M NEW VEHICLES ANNUALLY NEW VEHICLE LIFECYCLE SHOP BUY SERVICE SELL CONSUMER LIFECYCLE 1.5B+ VEHICLES IN OPERATION
Slide 14: Creating and shaping categories for years and counting
MOBILITY GLOBAL Creating and shaping categories for 100 years and counting 14 Acquires Market Scan to build pricing incentives and payment capabilities Launched CARFAX National Ad Campaign Acquired Global Insight (2008) and CSM (2009) to create a leading industry forecasting franchise automotiveMast
Slide 15: Agenda
MOBILITY GLOBAL Agenda CORE STRATEGIC ASSETS VISION AHEAD COMPELLING VALUE PROPOSITION INTRODUCTION TO MOBILITY GLOBAL 15
Slide 16: Four core strategic assets powered by AI
MOBILITY GLOBAL 4. DEEPLY EMBEDDED IN ECOSYSTEM Mission-critical solutions Insights used at point of decisions Integrated across most major workflow tools 3. UNMATCHED CUSTOMER NETWORK Scaled access across the automotive ecosystem Including OEMs, Suppliers, Dealers, Financial institutions and Consum
Slide 17: Deepest, most valuable proprietary data estate in automotive
MOBILITY GLOBAL Deepest, most valuable proprietary data estate in automotive 17 Vast contributing network of partners 6K+ Police agencies 177K Data sources 92K+ Service Shops Continuous customer feedback 28M+ Vehicle history report views monthly ~170K Data research inquiries in the last year 23K use
Slide 18: Our trusted, leading brands define their categories
MOBILITY GLOBAL Our trusted, leading brands define their categories 18 CARFAX 2021 Honda Accord Vehicle History Report 1 Accident Found CARFAX 1-Owner 1 Open Recall 13 Service Records Personal Use Minor Severe Damage Severity Scale 1. DERIVED FROM TENEO SURVEY OF 1,257 AUTOMOTIVEMASTERMIND CUSTOMERS
Slide 19: Unmatched scale and reach across the automotive ecosystem
MOBILITY GLOBAL Unmatched scale and reach across the automotive ecosystem 19 SUPPLY 94% Top 100 Global Automotive Suppliers MARKET 40K+ Dealer Network BUILD FINANCE 17 Of Top 20 Financial Institutions SELL PLAN MOBILITY: ASSETS — CUSTOMER NETWORK 100% Top 40 Global OEMs NEW VEHICLE LIFECYCLE 90M NEW
Slide 20: Embedded in customer decisions and workflows
MOBILITY GLOBAL Embedded in customer decisions and workflows 20 Planning Solutions Marketing & Sales Solutions CARFAX MOBILITY: ASSETS — EMBEDDED
Slide 21: Agenda
MOBILITY GLOBAL Agenda CORE STRATEGIC ASSETS VISION AHEAD COMPELLING VALUE PROPOSITION INTRODUCTION TO MOBILITY GLOBAL 21
Slide 22: Our mission
MOBILITY GLOBAL 22 Our mission To provide the trusted information that helps billions of people build, sell, and own vehicles with more confidence. MOBILITY GLOBAL
Slide 23: Three areas of focus
MOBILITY GLOBAL 23 Three areas of focus Unify Mobility Global Bring together our talent, operations, and data into one single, powerful foundation Expand market position Deepen core penetration, unlock new solutions, and scale globally Infuse AI everywhere Accelerate time-to-market and drive relentl
Slide 24: Unifying Mobility Global
MOBILITY GLOBAL Unifying Mobility Global 24 MOBILITY: VISION — ONE MOBILITY • New BoD and ELT • Central AI Desk • ~3,500 highly talented people • Award winning culture World-class team One team, one mission Commercial engine • Shared customer view • Harmonized go-to-market • Optimized customer value
Slide 25: Infusing AI everywhere to accelerate growth and drive efficiency
MOBILITY GLOBAL Infusing AI everywhere to accelerate growth and drive efficiency 25 • Automated core workflows • 10-15% accelerated engineering velocity Drive productivity Amplify data signals Supercharge core revenue • Optimized data estate • High-value data extraction • 3.8B more signals • AI-embe
Slide 26: Expanding market position through three growth vectors
MOBILITY GLOBAL Expanding market position through three growth vectors 26 International Extend our proven, highly profitable U.S. capabilities Leverage localized data to replicate our standard of trust globally Core Growth Deepen penetration and increase share of wallet Cross-sell Across existing se
Slide 27: Growth vectors unlocking a $78B TAM opportunity
MOBILITY GLOBAL Growth vectors unlocking a $78B TAM opportunity $78B 2025 TAM TAM Breakdown EXTENDED $26B Digital Ads Sell My Car Data Studio Procurement Intelligence Internationalization 27 13% SHARE OF CORE $14B CORE TAM $40B CORE + EXTENDED TAM ADJACENT $38B Aftermarket services P&C claims & repa
Slide 28: Agenda
MOBILITY GLOBAL Agenda CORE STRATEGIC ASSETS VISION AHEAD COMPELLING VALUE PROPOSITION INTRODUCTION TO MOBILITY GLOBAL 28
Slide 29: A compelling investment
MOBILITY GLOBAL A compelling investment 29 A massive, expanding market Category-defining data intelligence and brands Indispensable value to customers + compounding returns for investors OPERATING IN … LEADING WITH … RIGHT TEAM AND SETUP TO EXECUTE WITH FOCUS … Unify Mobility Global Infuse AI everyw
Slide 30: Framework for investor value creation
MOBILITY GLOBAL Framework for investor value creation 1. PERCENTAGE OF FREE CASH FLOW FOR CAPITAL RETURN CONSIDERS FREE CASH FLOW AFTER INVESTMENTS (DEFINED AS FREE CASH FLOW MINUS ACQUISITIONS) 30 Margin Expansion Compounding EBITDA Growth Dividend Distributor M&A as an Accelerant Consistent Capita
Slide 31: B2B Solutions
MOBILITY GLOBAL B2B Solutions Joe LaFeir President, Mobility Business Solutions 31
Slide 32: 100 Years of Trust Embedded in the Decisions that Matter
MOBILITY GLOBAL Change background color → Right click → Format Background → Fill → Solid Fill → Color → Select color 100 Years of Trust Embedded in the Decisions that Matter 32
Slide 33: Agenda
MOBILITY GLOBAL Agenda CORE STRATEGIC ASSETS KEY GROWTH DRIVERS INTRODUCTION TO B2B SOLUTIONS 33
Slide 34: Diversified, resilient and subscription-led revenue
MOBILITY GLOBAL Diversified, resilient and subscription-led revenue REVENUE BY TYPE 82% Subscription 18% Transactional REVENUE BY GEOGRAPHY 79% United States 21% International REVENUE BY BUSINESS LINE 34 B2B: OVERVIEW FY25 REVENUE BREAKDOWN B2B REVENUE $608M 74% Marketing & Sales 26% Strategy & Plan
Slide 35: B2B Solutions at a glance
MOBILITY GLOBAL B2B Solutions at a glance REVENUE GROWTH $557 $574 $608 2023 2024 2025 4.5% CAGR 35 FY25 BUSINESS HIGHLIGHTS 100% Top 40 Global OEMs 13B+ Transaction Records 832M VINs Tracked 99% Global Vehicle Production Covered B2B: OVERVIEW ~ MOBILITY GLOBAL
Slide 36: Leading positions across the new vehicle lifecycle
MOBILITY GLOBAL Leading positions across the new vehicle lifecycle SHOP BUY SERVICE SELL 23M+ Monthly Unique Visitors to CARFAX US Website and App 1.4M+ Annual Trade-In Leads 28M+ Vehicle History Report Views Monthly 53M+ CARFAX Car Care Consumer Audience SUPPLY 94% Top 100 Global Automotive Supplie
Slide 37: The intelligence backbone of global automotive
MOBILITY GLOBAL Planning & Strategy What will be built, sold and invested in 5 to 15+ years out • Every question that moves capital • The industry’s forecast and decision layer Marketing & Sales Who is buying, what model, from whom, at what price – today • Performance + Audiences + Pricing + AI-driv
Slide 38: Agenda
MOBILITY GLOBAL Agenda CORE STRATEGIC ASSETS KEY GROWTH DRIVERS INTRODUCTION TO B2B SOLUTIONS 38
Slide 39: Four core strategic assets, powered by AI
MOBILITY GLOBAL 4. DEEPLY EMBEDDED IN ECOSYSTEM Embedded in OEM production planning, allocation and supply chain scenario modeling Insights used at point of decisions Four core strategic assets, powered by AI 39 3. UNMATCHED CUSTOMER NETWORK Nearly every global OEM and tier 1 supplier Thousands of d
Slide 40: Unmatched breadth and depth of data
MOBILITY GLOBAL Unmatched breadth and depth of data 40 B2B: ASSETS—DATA >90% Revenue from unique data, proprietary IP and analytics Strategy & Planning Marketing & Sales SEGMENT COVERAGE Light vehicle Medium heavy commercial Powertrain Components / supply chain Global vehicle registrations Global PA
Slide 41: Trusted brands and leading expertise = industry gold standard
MOBILITY GLOBAL Trusted brands and leading expertise = industry gold standard 41 B2B: ASSETS—BRAND 90% of key decision makers believe automotiveMastermind is “needed in their dealership” (1) 100 Years of trusted data stewardship with Polk 30+ Years as market leading forecast Trust and engagement wit
Slide 42: Powerful network effects from a scaled data moat
MOBILITY GLOBAL Powerful network effects from a scaled data moat 42 FOOTER 100% Usage by Top 40 Global OEMs 90% of Industry Volume developed with our data 94% Usage by Top 100 Automotive Suppliers 100% Usage by Top 40 Automotive Suppliers 11K US Dealers use B2B Solutions OEM Network Supplier Network
Slide 43: Deeply embedded in the automotive ecosystem
MOBILITY GLOBAL 43 Deeply embedded in the automotive ecosystem Planning Selling Post-sell B2B: ASSETS—EMBEDDED Cycle + Capacity Planning Most OEM (100% of Top 40) Suppliers (94% of Top 100) Tender Bidding Hundreds of suppliers Financial Modelling Leading F&I, captives and Professional Services Regul
Slide 44: Agenda
MOBILITY GLOBAL Agenda CORE STRATEGIC ASSETS KEY GROWTH DRIVERS INTRODUCTION TO B2B SOLUTIONS 44
Slide 45: Powerful secular trends driving demand
MOBILITY GLOBAL Powerful secular trends driving demand 45 Marketing & Sales OEMs + Dealers Strategy & Planning OEMs + Suppliers Affordability crisis Increase in incentives Loyalty is harder to defend Powertrain shifts and compliance Tariffs and supply chain volatility Cycles compressing Vehicle comp
Slide 46: Serving a growing $18B TAM
MOBILITY GLOBAL B2B: GROWTH ADJACENT Engineering Cost solutions ADJACENT Dealer workflows CDP EXTENDED Data Studio Canada, Europe, Australia Finance & Insurance EXTENDED Procurement intelligence Scenario modeling Further penetration China, India Serving a growing $18B TAM Strategy & Planning Marketi
Slide 47: Strong growth opportunities on the B2B roadmap
MOBILITY GLOBAL Strong growth opportunities on the B2B roadmap 47 International Expansion China Grow with OEMs domestically and as they internationalize India Develop and deepen presence EU, Canada, and Australia Marketing & Sales expansion Core Growth Adoption Growth Across OEMs, suppliers and deal
Slide 48: automotiveMastermind AI-powered Behavior Prediction Scores
MOBILITY GLOBAL automotiveMastermind AI-powered Behavior Prediction Scores automotiveMastermind: Predicting and converting the next buyer 215 Million Behavior Prediction Scores calculated every day BPS scores are automatically embedded in dealer processes - from audience to personalized messages and
Slide 49: FAST: Conquering planning complexity with AI
MOBILITY GLOBAL FAST: Conquering planning complexity with AI 85K+ Vehicle Variants Assessed Seamlessly FAST enables rapid scenario modeling, allowing users to stress-test assumptions and instantly see impacts on production, sales, and market outlooks FAST AI-powered Forecasting and Simulation Tool 4
Slide 50: Data Studio: Turning data misalignment into opportunity
MOBILITY GLOBAL Data Studio unites users and data in a secure Tierless environment, delivering AI-ready data services, robust analytics, and audience activation Data Studio: Turning data misalignment into opportunity 50 Complex Relationships Aligned Processes Improve Analytics Identify Actionable Ma
Slide 51: B2B: Industry leadership and accelerating growth with AI
MOBILITY GLOBAL Trusted by Sector Leaders 100% Usage by Top 40 OEMs 94% Usage by Top 100 Suppliers Embedded in all top suppliers, OEMs and dealers enables growing module attach Proven Financial Model $600M+ Revenue 82% Subscription Revenue Acceleration with AI 215M Behavior Prediction Scores Generat
Slide 52: Break
Change background color → Right click → Format Background → Fill → Solid Fill → Color → Select color MOBILITY GLOBAL BREAK 52
Slide 53: Mobility Global
MOBILITY GLOBAL MOBILITY GLOBAL 53
Slide 54: CARFAX
MOBILITY GLOBAL CARFAX Scott Fredericks President, CARFAX 54
Slide 55: People have questions at every stage of the Consumer Lifecycle
MOBILITY GLOBAL People have questions at every stage of the Consumer Lifecycle. CARFAX has answers they trust. 55 Am I leaving money on the table? Which cars are a good deal? What’s about to break? What's this car's history? BUY SERVICE SHOP SELL
Slide 56: Agenda
MOBILITY GLOBAL CORE STRATEGIC ASSETS KEY GROWTH DRIVERS INTRODUCTION TO CARFAX Agenda 56
Slide 57: Diversified, resilient and subscription-led revenue
MOBILITY GLOBAL Diversified, resilient and subscription-led revenue REVENUE BY TYPE 81% Subscription 19% Transactional REVENUE BY GEOGRAPHY 85% United States 15% International REVENUE BY PRODUCT & INTERNATIONAL 38% Advantage 22% Listings 26% Financial / Consumer / Other 57 1. PERCENTAGES MAY NOT SUM
Slide 58: CARFAX at a glance
MOBILITY GLOBAL $928 $1,039 $1,142 2023 2024 2025 CARFAX at a glance REVENUE GROWTH ~11% CAGR 58 96% Total in-market awareness 38B+ Vehicle history records 40K+ Dealer customers 53M+ Car Care customers FY25 BUSINESS HIGHLIGHTS CARFAX: OVERVIEW MOBILITY GLOBAL
Slide 59: Leading positions across the consumer lifecycle
MOBILITY GLOBAL Leading positions across the consumer lifecycle 59 SHOP BUY SERVICE SELL 23M+ Monthly Unique Visitors to CARFAX US Website and App 1.4M+ Annual Trade-In Leads 28M+ Vehicle History Report Views Monthly 53M+ CARFAX Car Care Consumer Audience SUPPLY 94% Top 100 Global Automotive Supplie
Slide 60: International opportunities to expand in Canada, Europe and beyond
MOBILITY GLOBAL International opportunities to expand in Canada, Europe and beyond Core strategic assets powering continuous product innovation + New Solutions 60 CARFAX: OVERVIEW Car Listings 2014 launch Car Care 2019 launch Showroom Listings Service Marketing Coordination Predictive Reliability ‘S
Slide 61: Agenda
MOBILITY GLOBAL CORE STRATEGIC ASSETS KEY GROWTH DRIVERS INTRODUCTION TO CARFAX Agenda 61
Slide 62: Four core strategic assets, powered by AI
MOBILITY GLOBAL 4. DEEPLY EMBEDDED IN ECOSYSTEM "Show me the CARFAX” Dealers show consumers CARFAX reports 28M+ times a month Four core strategic assets, powered by AI 62 3. UNMATCHED CUSTOMER NETWORK 95 dealer workflow tool integrations Essential solutions deeply embedded in customer workflows 2. T
Slide 63: Unique data and proprietary IP built over forty years
MOBILITY GLOBAL Unique data and proprietary IP built over forty years 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 2021 2023 10K 500M 3B 8B 12B 15B 18B 21B 23B 4B 26B 38B VH Records 33B 38+ BILLION Vehicle History Records 177,000+ Data Sources 92,000+ Service
Slide 64: Every participant contributes data: a self-reinforcing network
MOBILITY GLOBAL Every participant contributes data. A self-reinforcing network built over decades DEALERS & SERVICE SHOPS 92K+ partners Contribute service history. Get branded exposure POLICE & GOVT. AGENCIES 6.3K agencies Contribute accident data. Get investigation tools CONSUMERS 53M+ Car Care 54M
Slide 65: Trusted, iconic brand with unmatched reach
MOBILITY GLOBAL Trusted, iconic brand with unmatched reach 96% TOTAL IN-MARKET AWARENESS 85% “CAR FOX” MASCOT RECOGNITION 53M+ CAR CARE AUDIENCE 54M SEMRUSH REPORTED VISITS1 #1 MOST VISITED AUTOMOTIVE WEBSITE (US)1 65 1 ~ CARFAX: ASSETS—BRAND 1. SEMRUSH, AS OF FEBRUARY 2026
Slide 66: Deeply embedded in customer workflows
MOBILITY GLOBAL Deeply embedded in customer workflows Dealer: 95 Integrations Financial: 17 of Top 20 Integrations OEM CPO: 36 Integrations 66 95 workflow tool integrations. 140+ marketing partners. Embedded across the automotive ecosystem CARFAX: ASSETS—CUSTOMER NETWORK CARFAX INTERNAL PARTNER DATA
Slide 67: Show me the CARFAX
MOBILITY GLOBAL “Show me the CARFAX” Consumers Pull CARFAX from dealers Find right car at right price Purchase with confidence Avoid cars with costly hidden problems Dealers Push to provide CARFAX to consumers Acquire the right cars consumers want Build consumer confidence in dealership and inventor
Slide 68: CARFAX delivers proven value
MOBILITY GLOBAL CARFAX delivers proven value 10-15x ROI1 Better Decisions Greater Confidence Dealers 29% More service visits 39% More loyal customers ~9% Faster inventory turn1 ~5% More gross profit1 Financial Institutions ~50% Loan default risk reduction Faster Fraud Detection More accurate loan un
Slide 69: Agenda
MOBILITY GLOBAL CORE STRATEGIC ASSETS KEY GROWTH DRIVERS INTRODUCTION TO CARFAX Agenda 69
Slide 70: Secular trends make CARFAX more essential
MOBILITY GLOBAL Secular trends make CARFAX more essential HIGHER STAKES = MORE CARFAX More reports pulled More service records More Car Care relationships More dealer subscriptions More lending decisions Vehicles are staying on the road for longer1 Rising New and Used Vehicle Prices1 10.0 10.7 11.2
Slide 71: Serving a growing $60B TAM
MOBILITY GLOBAL Serving a growing $60B TAM $60B 2025 TAM TAM Breakdown EXTENDED $18B Digital Ads Sell My Car Internationalization 71 15% SHARE OF CORE $8B CORE TAM ALL FIGURES AND METRICS AS OF 2025 ESTIMATES FROM INDEPENDENT THIRD-PARTY CONSULTING FIRM; ESTIMATED BASED ON MIDPOINT OF RANGES PROVIDE
Slide 72: Key growth vectors
MOBILITY GLOBAL Key growth vectors 72 International Expansion Canada Continue to roll out CARFAX solutions including Car Care and Listings Europe Continue to add geographies including Germany and France Core Growth Higher adoption and retention Across all solutions Value capture Grows with vehicle v
Slide 73: Lifetime Dealer Program: Increasing customer LTV
MOBILITY GLOBAL Lifetime Dealer Program: Increasing customer LTV 293 Monthly volume of Car Care users' cars being serviced by average Lifetime Dealer 14 OEMs allow Co-op dollars to be used for Lifetime Dealer Program 19ppt Lift in Return for Service in Year 1 1,600 Dealers sign ups since Q4'25 Low S
Slide 74: Expanding from vehicle history to reliability
MOBILITY GLOBAL Expanding from vehicle history to reliability 74 CARFAX: GROWTH—CORE EXAMPLE
Slide 75: The international opportunity: Massive whitespace
MOBILITY GLOBAL The international opportunity: Massive whitespace FY25 Vehicles in Operation by Region1 US ~292M CANADA ~28M EMEA ~506M APAC ~612M 75 CARFAX: GROWTH—INTERNATIONAL EXAMPLE 1. MOBILITY GLOBAL INTERNATIONAL MARKET REPORTING (IMR) DATA
Slide 76: CARFAX: Built Over 40 Years. Just Getting Started.
MOBILITY GLOBAL Key Differentiators 96% Total in-market awareness 38B+ Vehicle history records 40K+ Dealer customers 53M+ Car Care Customers Proven Financial Model $1B+ Revenue 81% Subscription Revenue International Expansion International expansion in Canada, France, Germany and other markets Core
Slide 77: Data, Technology & AI
MOBILITY GLOBAL Data, Technology & AI Jeremy Morehouse Head of AI Office MOBILITY GLOBAL 77
Slide 78: Ever increasing customer need for data
MOBILITY GLOBAL Ever increasing customer need for data 78 Consumers LLM-based search to find affordable vehicles without surprises … Dealers Intelligent solutions that convert leads more quickly and drive margin … OEM/Suppliers Technology that enables smarter planning and supply decisions in real-ti
Slide 79: Bringing intelligent data to customers
MOBILITY GLOBAL 79 Bringing intelligent data to customers Unique proprietary data Our advantage • 177K+ contributory sources • VIN-level, precise and current • Not in public domain • 40+ years longitudinal history • Predictive power from breadth DATA/TECH/AI: OVERVIEW
Slide 80: Accelerated Innovation in Production
MOBILITY GLOBAL Accelerated Innovation in Production Leading AI capabilities built over nearly a decade... and just getting started 80 Over 100 dedicated data scientists and AI experts DATA/TECH/AI: OVERVIEW 2019 2020 2021 2022 2023 2024 2025 2026 First Neural Network Model First Computer Vision mod
Slide 81: Four AI engines driving growth and productivity
MOBILITY GLOBAL Four AI engines driving growth and productivity Productivity & Efficiency Developer velocity, workflow automation, operating leverage Data Amplification Advanced signal extraction from more complex sources Core Product Supercharge AI embedded in all core products with encoded domain
Slide 82: AI-based productivity scaling operating leverage
MOBILITY GLOBAL AI-based productivity scaling operating leverage 82 • AI resolves most inbound chats/emails • Humans focus on complex cases; faster resolution 84% Customer Ops Efficiency • Accelerated engineering velocity across our divisions • AI embedded in coding + review 10-15% Engineering & Ops
Slide 83: Extracting more signal for customers via AI
MOBILITY GLOBAL Extracting more signal for customers via AI Data amplification enabled 83 Example: AI Car Fox delivering enriched, accurate and up-to-date reports DATA/TECH/AI: AI ENGINES—AMPLIFICATION Enrich / Decode NLP / DocAI / Image / etc. <2 hour turnaround 3.8B decoded records 99.5% accuracy
Slide 84: Supercharging products with compounding intelligence
MOBILITY GLOBAL 84 Supercharging products with compounding intelligence Core Product Supercharge DATA/TECH/AI: AI ENGINES—PRODUCT SUPERCHARGE Example: Market Response Model simulates incentive spend scenarios for OEMs Models Forecasts, Scores Predictions / recs Reliability Behavior Prediction Score
Slide 85: Unlocking new agentic growth modes via AI
MOBILITY GLOBAL Unlocking new agentic growth modes via AI New Growth Opportunities Internal agents as a data product discovery engine Infrastructure for agents monetizing real-time data Higher value use cases and decision delivery Example: Dealer Valuation Engine Models Forecasts, Scores Predictions
Slide 86: Unified enterprise AI Data Fabric accelerating value creation
MOBILITY GLOBAL Unified enterprise AI Data Fabric accelerating value creation 86 • Supercharged signals • Faster time-to-market • Lower unit costs • Predictive products • AI delivery modes • Monetized intelligence Outcomes Connected data across assets CARFAX US aMM CARFAX Canada Auto Insights Market
Slide 87: Accelerating growth and efficiency through AI
MOBILITY GLOBAL Accelerating growth and efficiency through AI 87 We have an irreplicable proprietary data moat AI is driving demand for decision-grade data Proven AI at scale Intelligent Data Engine Four AI engines for growth + leverage Ready for agentic AI 01 03 05 02 04 06 DATA/TECH/AI: SUMMARY
Slide 88: Financial Framework
MOBILITY GLOBAL Financial Framework Matt Calderone Chief Financial Officer 88
Slide 89: Mobility Global financial highlights
MOBILITY GLOBAL Mobility Global financial highlights 2. High-margin, scalable business model 3. Strong balance sheet and cash flow generation 4. Disciplined approach to capital deployment 1. Resilient, compounding growth engine 89 5. Compelling investor value proposition 6. On track for mid-2026 pub
Slide 90: An organic growth engine continuing to compound in 2026
MOBILITY GLOBAL An organic growth engine – continuing to compound in 2026 90 ($ IN MILLIONS) Revenue • Consistent, above-market organic growth across industry cycles • >80% subscription-based revenue provides stability, predictability • Increasingly diversified - across business lines, end customers
Slide 91: Track-record of consistent, above-market growth
MOBILITY GLOBAL Track-record of consistent, above-market growth Notes: 1. REVENUE INFORMATION PRESENTED FOR THE YEARS ENDED 2014-2021 IS DERIVED FROM THE TRANSPORTATION SEGMENT FINANCIALS OF IHS MARKIT LTD., ADJUSTED TO EXCLUDE REVENUE ASSOCIATED WITH OTHER BUSINESSES IN THE TRANSPORTATION SEGMENT.
Slide 92: Subscription-based model provides revenue predictability
MOBILITY GLOBAL Subscription-based model provides revenue predictability 92 • CARFAX subscriptions sold across 40K+ dealers and other end-customers • B2B solutions anchored by long-standing OEM and dealer enterprise agreements with subscription-based contract terms • Anticipate % of subscription-bas
Slide 93: Business is increasingly diversified
MOBILITY GLOBAL Business is increasingly diversified 93 9% B2B Planning 9% CARFAX International 26% B2B Marketing & Sales 25% CARFAX Advantage 14% CARFAX Listings 17% CARFAX Financial Consumer / Other REVENUE BY BUSINESS LINE REVENUE BY CUSTOMER TYPE 20% OEM & Supplier 62% Dealer (B2B & CARFAX) 18%
Slide 94: High-margin business with upside potential
MOBILITY GLOBAL $ 598 $ 658 $ 711 2023 2024 2025 High-margin business with upside potential 94 Adj. EBITDA1 • High value solutions with strong unit economics—across core offerings • Capacity to self-fund growth investments— through scale, efficiency, operating leverage • Core strategic assets each y
Slide 95: Strategic assets yield structural economic advantages
MOBILITY GLOBAL 2. TRUSTED LEADING BRANDS Brand = significant value for dealers Lower marginal cost of customer acquisition Stronger unit economics 1. PROPRIETARY DATA ESTATE Contributory network = lower data acquisition costs Established, AI-ready estate = lower cost to produce + higher-value produ
Slide 96: Standalone investment followed by ~50bps annual margin expansion
MOBILITY GLOBAL Near-term investment in building standalone public company, followed by ~50bps annual margin expansion target 96 2. HIGH-MARGIN, SCALABLE BUSINESS MODEL Building Standalone Foundation… • Expected incremental ~$20-25M in run-rate costs to operate as a standalone company compared to hi
Slide 97: Solid Free Cash Flow generation and conversion
MOBILITY GLOBAL Solid Free Cash Flow1 generation and conversion 97 • Expect one-time stand-up / transition cost3 of ~$75-100M over 12-18 months • Medium-term effective tax rate of 25-27%, lower than in Form 10 • ~$1B Deferred Tax Liability related to IHS merger to be paid down over remaining 12-year
Slide 98: Strong Balance Sheet and efficient capital structure
MOBILITY GLOBAL Strong Balance Sheet and efficient capital structure 98 3. STRONG BALANCE SHEET, CF GENERATION ~$2B Senior Unsecured Notes expected to be issued prior to launch <2.5X Target Gross Leverage Ratio Anticipated Starting Capital Structure $500M Revolving Credit Facility in place ~$150M Ca
Slide 99: Shareholder-friendly capital allocation framework
MOBILITY GLOBAL Shareholder-friendly capital allocation framework 99 4. DISCIPLINED APPROACH TO CAPITAL ALLOCATION Dividends Payout ratio of 20-25% of Net Income Share Repurchases Disciplined approach; beginning in 2027 M&A Tuck-ins to accelerate organic growth Organic Investment In AI-powered solut
Slide 100: Targeting 7.5-10% medium-term annual organic revenue growth
MOBILITY GLOBAL Core: (Value + Volume) Targeting 7.5-10% medium-term annual organic revenue growth 100 7.5-10% Annual Organic Revenue Growth New Solutions International Expansion ~5-7%+ ~1-2%+ ~1-2%+ • Higher adoption & retention • Capture full value • Upsell • Service Marketing • Sell my Car • Show
Slide 101: Framework for investor value creation
MOBILITY GLOBAL Framework for investor value creation 1. PERCENTAGE OF FREE CASH FLOW FOR CAPITAL RETURN CONSIDERS FREE CASH FLOW AFTER INVESTMENTS (DEFINED AS FREE CASH FLOW MINUS ACQUISITIONS) 101 Margin Expansion Compounding EBITDA Growth Dividend Distributor M&A as an Accelerant Consistent Capit
Slide 102: On-track for mid-2026 public company launch
MOBILITY GLOBAL On-track for mid-2026 public company launch 102 6. LAUNCH TIMELINE / MILESTONES OCT Initial Form 10 Filing Meetings with Rating Agencies Revolving Credit Facility Form 10 Public Flip and Board Announcement Investor Day JAN APR MAY MAY MAY 12 Leadership announced MOBILITY GLOBAL
Slide 103: Q&A Session
MOBILITY GLOBAL Q&A Session Bill Eager Chief Executive Officer Matt Calderone Chief Financial Officer Scott Fredericks President, CARFAX Joe LaFeir President, Mobility Business Solutions MOBILITY GLOBAL 103
Slide 104: Experienced leadership team
MOBILITY GLOBAL Experienced leadership team Decades of industry and public company experience Bill Eager Chief Executive Officer Matt Calderone Chief Financial Officer Scott Fredericks President CARFAX Joe Lafeir President Mobility Business Solutions Tasha Matharu Chief Legal Officer Martin Metzker
Slide 105: Key Takeaways
MOBILITY GLOBAL Key Takeaways Bill Eager Chief Executive Officer 105
Slide 106: Recap: Three takeaways from today
MOBILITY GLOBAL 106 Recap: Three takeaways from today Enormous market Unmatched assets Clear opportunity
Slide 107: Appendix
MOBILITY GLOBAL 107 Appendix
Slide 108: Free Cash Flow generation & conversion
MOBILITY GLOBAL ($ IN MILLIONS) Free Cash Flow generation & conversion 108 Free Cash Flow Margin Capex (% of Rev.) $ 375 $ 412 $ 461 2023 2024 2025 1.2% 0.9% 1.4% 25.3% 25.5% 26.3% 2023 2024 2025 Adj. EBITDA $598 $658 $711 (-) One-Time Adjustments (30) (23) (40) (-) Interest, Net (17) (14) (13) (-)
Slide 109: Bridge from 2025A net income to Adjusted EBITDA
MOBILITY GLOBAL ($ IN MILLIONS) Bridge from 2025A net income to Adjusted EBITDA 109 1 2 $ 220 $ 13 $ 106 $ 310 $ 22 $ 21 $ 20 $(3) $ 2 $ 711 Net Income Interest, Net Provision for Income Taxes D&A SBC Transaction Costs Severance Charges Legal Settlement Recovery Other Adj. EBITDA 1. OTHER PRIMARILY
Slide 110: Non-GAAP Financial Measure Definitions
MOBILITY GLOBAL Non-GAAP Financial Measure Definitions 110 TERM DEFINITION Adjusted EBITDA Adjusted EBITDA is defined as our U.S. GAAP net income adjusted to exclude (1) interest, (2) provisions for taxes on income, (3) depreciation and amortization, (4) stock-based compensation, (5) transaction cos
Slide 111: Historical financials summary 2023 - 2025
MOBILITY GLOBAL Historical financials summary 2023 - 2025 111 ($ IN MILLIONS) FY23A FY24A FY25A Total Revenue 1,485 1,613 1,750 % Growth 8.6% 8.5% (-) Expenses and allocations (939) (1,005) (1,101) % of Revenue 63.2% 62.3% 62.9% EBITDA 546 608 649 % Margin 36.8% 37.7% 37.1% (+) Stock Based Compensat
Slide 112: Historical financials summary Q1 2025 - Q1 2026
MOBILITY GLOBAL Historical financials summary Q1 2025 - Q1 2026 112 ($ IN MILLIONS) Q125A Q225A Q325A Q425A Q126A Total Revenue 420 439 445 445 455 (-) Expenses and allocations (259) (266) (263) (313) (296) % of Revenue 61.5% 60.5% 59.1% 70.3% 65.1% EBITDA 162 173 182 132 159 % Margin 38.5% 39.5% 40
Slide 113: Reconciliation of non-GAAP financial measures 2023 - 2025
MOBILITY GLOBAL Reconciliation of non-GAAP financial measures 2023 - 2025 113 ($ IN MILLIONS) FY23A FY24A FY25A Net income 163 208 220 Interest, net 17 15 13 Provision for taxes on income 61 76 106 Depreciation and amortization 307 309 310 Stock-based compensation 20 28 22 Transaction costs - - 21 E
Slide 114: Reconciliation of non-GAAP financial measures Q1 2025 - Q1 2026
MOBILITY GLOBAL Reconciliation of non-GAAP financial measures Q1 2025 - Q1 2026 114 ($ IN MILLIONS) Q125A Q225A Q325A Q425A Q126A Net income 58 65 72 25 55 Interest, net 3 3 3 3 3 Provision for taxes on income 23 27 29 27 23 Depreciation and amortization 78 78 78 78 78 Stock-based compensation 5 4 6
Slide 115: Reconciliation of non-GAAP financial measures: net debt and leverage
MOBILITY GLOBAL Reconciliation of non-GAAP financial measures 115 ($ IN MILLIONS) 03/31/2026 Debt 2,000 Less cash and cash equivalents (150) Net debt 1,850 LTM 03/31/26 Adj. EBITDA 724 Gross Leverage Ratio 2.8 Net Leverage Ratio 2.6
Slide 116: Mobility Global
Mobility Global