Equifax, Inc. · NYSE:EFX
Equifax — Barclays Credit Bureau Day 2026
21 slides from Equifax's conference presentation, Sep 9, 2026
Slide 1: Barclays Credit Bureau Day
Barclays Credit Bureau Day September 9, 2026
Slide 2: Forward-looking Statements
Forward-looking Statements This presentation contains certain forward-looking information, including third quarter and full year 2026 guidance as well as our long-term financial framework, to help you understand Equifax and its business environment. All statements that address operating performance a
Slide 3: Non-GAAP & Other Disclosures Statement
Non-GAAP & Other Disclosures Statement Non-GAAP Disclosure Statement This presentation contains certain non-GAAP financial measures, including Adjusted EPS, Adjusted EBITDA, and Cash Conversion, which reflect adjustments for certain items that affect the comparability of our underlying operational perf
Slide 4: New EFX Strategic and LT Framework
New EFX Strategic and LT Framework Long Term Financial 2026 LTFF Framework Guide STRATEGIC PRIORITIES Organic revenue growth 7 - 10% ✓ 7.2 - 8.4% ex FICO M&A contribution 1-2% Círculo Total growth 8 - 12% ✓ 7.2 - 8.4% ex FICO +50 bps ✓ +75 bps EBITDA% margin improvement (ex FICO) ✓ +100 bps 1H26 Cas
Slide 5: Strong 2Q Results… Revenue Up 7% Ex FICO, Adj EPS Up 13%
Strong 2Q Results… Revenue Up 7% Ex FICO, Adj EPS Up 13%, Adj EBITDA Margin up 120 bps Ex FICO EFX to acquire Returned EWS Govt signed STRATEGIC PRIORITIES Círculo de Crédito $366M cash to $300M+ in ACV in for $750M EV... shareholders in 1H26, $100M+ new fastest growing 2Q26...$300M share business,
Slide 6: Broad Proprietary Data Moat and AI-Enabled Solutions Driving Top Line Growth
Broad Proprietary Data Moat and AI-Enabled Solutions Driving Top Line Growth 90%+ EFX Rev from Proprietary and Regulated Data Sources EFX.AI Innovation Driving Growth Other(1) ✓ EFX Cloud, EFX.AI, global platforms, and Direct to proprietary data delivering new global suite of Consumer AI-enabled sol
Slide 7: $100M New Business… Strong Momentum for 2027
EWS Government Deal Pipeline Still Up 2x After Signing $100M New Business… Strong Momentum for 2027 ~$300M New EWS Government Wins ~$100M New Business ~$60M ACV ~$15M ACV ~$10M+ ACV ~$10M ACV Direct Medicaid State moving Direct Medicaid from CMS Hub to Direct Medicaid Winback Winback Direct Medicaid
Slide 8: Strong High Double Digit EWS Talent Revenue Growth in 2Q
Strong High Double Digit EWS Talent Revenue Growth in 2Q Driven by New Products and Penetration Talent Revenue New Products Driving +HDD Growth Growth Y/Y ✓ Co-innovating with background screeners ~$430M ✓ Blue collar / hourly wage earner products ~8% ✓ Insights incarceration data… CAGR monitoring s
Slide 9: Continued Strong EWS Record Growth with Big Runway for Growth
Continued Strong EWS Record Growth with Big Runway for Growth Active Records EWS Records (Millions) ✓ EWS only provider with records R 217M scale across income and AG employment attributes 1 %C 209M ’2 5 1 ✓ TWN is the frictionless solution ‘22- 188M ✓ Distribution advantage makes 168M EWS preferred
Slide 10: Mortgage VantageScore Adoption Accelerating Post-April FHFA Activation
Mortgage VantageScore Adoption Accelerating Post-April FHFA Activation… VS Volume Up ~3X Sequentially VantageScore Mtg Lenders Using Mortgage Scores Update Transactions VantageScore ✓ FHFA directs GSEs to allow all mtg ~2.2M ~1,500 Total lenders to use VantageScore ~1,400 Total ✓ VantageScore priced
Slide 11: Differentiating the Equifax Mortgage Credit File
Differentiating the Equifax Mortgage Credit File Income Qualify Mortgage PreQual Solution - NCTUE Attributes TWN Indicator Delivered alongside the Equifax Hard & Soft Pull credit report at no additional fee ✓ NCTUE - cell phone, utility, pay tv data … ✓ Reduces friction early in Pre-Approval The Work
Slide 12: Rolling Out Income Qualify with Card, Auto, P-Loan Credit Files
Rolling Out Income Qualify with Card, Auto, P-Loan Credit Files Auto TWN Indicator Card TWN Indicator Deliver alongside the Equifax Soft or Hard Pull credit report for no Deliver alongside the Equifax Hard Pull credit report for no additional additional fee. fee. Improves dealer efficiency Shopping /
Slide 13: Attractive Círculo de Crédito Acquisition in Mexico
Attractive Círculo de Crédito Acquisition in Mexico… Fastest Growing Credit Bureau in Mexico Signed definitive agreement to acquire Círculo de Crédito for $750M enterprise value…expected to close in 4Q26 Círculo is the 2nd largest and fastest growing credit bureau in Mexico ● Key player in a large, f
Slide 14: AI4EFX Driving Operations and Technology Productivity
AI4EFX Driving Operations and Technology Productivity ~$2B+ AI Driving Process Optimization G&A Operations Sales & ✓ Moving to autonomous agent model Marketing ✓ Scaling conversation AI and real-time AI across contact centers to drive cost savings and improve ~60% Operations speed ✓ Lift in customer
Slide 15: AI4EFX Deployment Accelerating Across EFX… Doubled Productivity Goal to $150M
AI4EFX Deployment Accelerating Across EFX… Doubled EFX.AI Productivity Goal to $150M EFX.AI Productivity Goal Operations $150M(1) ✓ AI voice alerts +2x ✓ AI paper doc processing ✓ Data onboarding $75M Technology ✓ AI agent coding and QC Finance, HR, Legal ✓ Analytics, accounting, contracts, legal an
Slide 16: New EFX Cloud and EFX.AI Driving Innovation, New Products, and Growth
New EFX Cloud and EFX.AI Driving Innovation, New Products, and Growth EFX Advantage Innovation Accelerating(1) ✓ $3B Cloud ✓ Products in NPI funnel up 4x Investment ✓ Time to market down ~50% ✓ Global Platforms ✓ Product launches up 2x Built Cloud Native in GCP ✓ Year 3 NPI revenue up ~70% ✓ Ignite
Slide 17: Strong AI-Innovation Driving Vitality Index to 16%
Strong AI-Innovation Driving Vitality Index to 16% Strong 16% 2Q Vitality Index EFX.AI Innovation Driving Growth 2026 ✓ Strong 16% AI-enabled Vitality Index Guide ~15%+ ✓ 54 new products launched in 1H26 with AI embedded in product architecture interfacing with customer ✓ Ignite AI Advisor… multi-ag
Slide 18: Repurchased 6.6M Shares LTM 6/30/26 for $1.4B
Repurchased 6.6M Shares LTM 6/30/26 for $1.4B… Cash to Shareholders of $1.6B Represents ~100% of Operating Cash Flow Free Cash Flow FCF Conversion1 Cash to Shareholders $1.1B 110% 98% $1.6B $0.9B 79% $0.7B $0.3B $0.2B LTM LTM LTM LTM LTM LTM LTM LTM LTM 6/30/24 6/30/25 6/30/26 6/30/24 6/30/25 6/30/2
Slide 19: NewEFX driving growth, margin expansion, FCF, and cash returns to shareholders
NewEFX driving growth, margin expansion, FCF, and cash returns to shareholders ✓ EFX proprietary and regulated AI data moat New ✓ 7-10% LT organic revenue growth delivers 50 bps margin expansion / year EFX ✓ EFX.AI driving product, model, and score differentiation from scaled EFX in 2026 data ✓ 11% R
Slide 20: Q&A
Q&A PROPRIETARY | 20
Slide 21: Investor Relations contacts
Trevor Burns • Investor Relations • trevor.burns@equifax.com Molly Clegg • Investor Relations • molly.clegg@equifax.com Copyright © 2026, Equifax Inc. All Rights Reserved. Equifax is a registered trademark of Equifax Inc.