Slide 1: 2Q26 Earnings Review
2Q26 Earnings Review July 21, 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: Strategic Priorities: 2Q Results Top End of April Framework
2Q Results Top End of April Framework, Strong 120 bps Adj EBITDA Margin Expansion Ex FICO 2Q revenue1 up 11% reported, 10% C$, 7% R$ ex FICO... $5M above April Guide midpoint... Adj EPS of $2.25 / share… $0.05 above April Guide midpoint… Adj EBITDA Margin ex FICO up strong 120 bps, 40 bps above Apri
Slide 5: EWS Revenue +7%... Adj EBITDA Margins 52%
EWS Revenue +7%... Diversified Markets Verifier Growth +7%... Adj EBITDA Margins 52% Verifier Talent Records Revenue Growth Revenue Growth ✓ 217M Active Records +7% +HDD +10% YTY ✓ 124M Current Active Alternative Data Records on 108M SSNs Verifier Diversified Markets Expansion +7% ✓ 839M Total Records Go
Slide 6: EWS Govt Signed $300M Contracts in Last 4 Months
EWS Govt Signed $300M1 Contracts in Last 4 Months... ~$100M New Business ~$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 ~$200M New Business Renewa
Slide 7: USIS Revenue Up 17%... Mortgage Up 40%
USIS Revenue Up +17%… Mortgage Up +40%... Diversified Markets Up +6%... Adj EBITDA Margin 40% ex FICO, up 140 bps Mortgage Diversified Markets Online B2B +40% +6% Consumer Resilient Revenue Growth Revenue Growth TWN Indicator driving B2B (Total) +5% FI revenue Up HSD share gains Online +MSD Auto reven
Slide 8: 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 activates VantageScore in April… ~2.2M ~1,300 Total Over 20 lenders in pilot program ✓ VantageScore priced at $
Slide 9: International C$ Revenue Up 4%
International C$ Revenue Up +4%… Led by ANZ and Canada…Adj EBITDA Margins Up 120 bps Highlights CANADA +6% ✓ Canada up +6% driven EUROPE +1% by ID & Fraud, B2C, Commercial ✓ Asia Pac up +7% driven ASIA PACIFIC LATAM +3% by Online B2B and +7% Commercial ✓ Adj EBITDA Margins 28%... up 120 bps YTY ✓ St
Slide 10: Equifax to Acquire Círculo de Crédito
Equifax to Acquire Círculo de Crédito, Fastest Growing Credit Bureau in Mexico… Aligned with Bolt-On M&A Strategy… Accretive to Top / Bottom Line at Attractive Valuation Signed definitive agreement to acquire Círculo de Crédito for $750M enterprise value…expected to close in 4Q26 subject to customer
Slide 11: Strong +31% Círculo Rev Growth and 46% EBITDA Margins
Strong +31% Círculo Rev Growth and 46% EBITDA Margins Driven by Differentiated CdC Data and Deep FinTech Relationships USD in Millions Círculo de Crédito Growth Círculo Financial Impact +High DD % ✓ Revenue growth accretive to EFX 7-10% ~$134M, +31% organic LTFF $121M, +32% Revenue, YoY ✓ LTM revenue
Slide 12: 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 Data EFX.AI Innovation Driving Growth Other(1) ✓ EFX Cloud, EFX.AI, global platforms, and Direct to proprietary data delivering new global suite Consumer of AI-enabled solutions to help custome
Slide 13: 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 ✓ Strong 16% AI-enabled Vitality Index ✓ 54 new products launched in 1H26 with AI 2026 Guide embedded in product architecture ~15%+ interfacing with customer ✓ TWN Indicator for Mortgage,
Slide 14: Strong AI4EFX Momentum: Cost Savings Goal to $150M
Strong AI4EFX Momentum … Doubling AI & Process Improvement Productivity Cost Savings Goal to $150M ~$2B+ AI Driving Process Optimization G&A ✓ Implementing AI and Agentic-based Sales & solutions across internal processes to drive Marketing speed, accuracy, productivity… margin ~60% Operations expans
Slide 15: FY26 Reported Guidance Consistent with April
FY26 Reported Guidance Consistent with April… Stronger Diversified Markets Offset by Mortgage Market and FX Guidance 2026 vs 2025 % vs 2025 Revenue1 $6,710M - $6,780M $635M - $705M 10.5% - 11.6%1 Adjusted EPS $8.39 - $8.69 / share $0.74 - $1.04 / share 9.7% - 13.6% Adjusted EBITDA $2,103M - $2,157M $1
Slide 16: 3Q26 Guidance: Margins Ex FICO Up Over 90 BPs
3Q26 Guidance… Margins Ex FICO Up Over 90 BPs Guidance 3Q 2026 vs 3Q 2025 % vs 3Q 2025 Revenue1 $1,680M - $1,710M $135M - $165M 8.7% - 10.7%1 Adjusted EPS $2.15 - $2.25 / share $0.11 - $0.21 / share 5.5% - 10.4% Adjusted EBITDA $547M - $564M $42M - $59M 8.3% - 11.6% Adj EBITDA Margin % 32.6% - 33.0%
Slide 17: Strong 2Q Results... Adj EBITDA Margins Ex FICO Up 120 bps
Strong 2Q Results… Adj EBITDA Margins Ex FICO Up 120 bps Revenue up +7% ex FICO Adj EBITDA Margins up 120 bps ex FICO New EFX in 2026 EWS Government signed agreements YTD26 for ~$300M ✓ 11% Revenue Growth, of ACV… ~$100M new business, ~$200M renewals 8% Ex-FICO ✓ 75 BPs Margin Expansion EFX signed a
Slide 18: Q&A
Q&A PROPRIETARY | 18
Slide 19: 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.
Slide 20: Investor Relations July 2026
Investor Relations July 2026
Slide 21: Index
Index Pages The New EFX 22-33 Workforce Solutions Overview 34-38 Supplemental Financial Information 39-48 PROPRIETARY | 21
Slide 22: The New EFX
The New EFX PROPRIETARY | 22
Slide 23: NewEFX LT Growth Framework
NewEFX LT Growth Framework LTFF Rev Growth1 Long Term Financial EFX Growth Drivers New EFX Framework ✓ EFX Cloud / EFX.AI EWS Organic revenue growth 7-10% 13-15% ✓ Differentiated proprietary data M&A contribution 1-2% ✓ Single data fabric Total growth 8-12% ✓ EWS growth… Government USIS INTL EBITDA%
Slide 24: Strong TAM and Broadening Revenue Base
Strong TAM and Broadening Revenue Base EFX TAM +~$2B Div Mkts Rev thru 2025 ~$6.7B Up 3x $6.1B $50B+ $5.7B Brazil $5.3B US – Empl. Svcs /HR US - Govt US - Talent $4.8B $4.6B $3.5B $4.3B Mtg ID&F $2.8B Diversified Markets Traditional Credit Bureau Note: This slide contains forward-looking information,
Slide 25: The EFX Cloud
The EFX Cloud What’s Next for EFX Cloud ✓ Share gains from always-on and speed EFX Cloud ✓ NPI and Vitality ✓ EFX.AI powered solutions ✓ Multi-data and multi-market solutions ✓ More data and faster ingestion ✓ Industry leading security ✓ Future-proof PROPRIETARY | 25
Slide 26: Proprietary Data Advantages Drive Share Gains and Revenue Growth
Proprietary Data Advantages Drive Share Gains and Revenue Growth CANADA UK Diversified and differentiated sources of data exist today in all geographies INDIA SPAIN Data fabric for easier ingestion of new data, facilitating diversification LATAM and differentiation AUSTRALIA / NZ Keying and Linking to B
Slide 27: A Strong Portfolio of Businesses
A Strong Portfolio of Businesses 2025 Business Mix 2025 Vertical Mix 2025 Revenue 2025 Adjusted Growth EBITDA Margin Other (Constant $) 10% Te Re se l International co Mortgage +6% 28.5% He lle 2% al r 21% th s 3 3% car % e Com US me r 4% cial Information +10% 35.2% Solutions ID&F 5% Consumer 5% Fin
Slide 28: Workforce Solutions (WS)
Workforce Solutions (WS) Accelerating growth through The Work Number expansion, advanced analytical solutions, and vertical expertise across direct and indirect channels 2025 Revenue Mix - $2,582M Focus Areas Data HUB Innovation Acquisitions Auto 3% • Grow TWN records • AI powered new • Augment Empl
Slide 29: EWS Long Term Growth Framework
EWS Long Term Growth Framework Organic Revenue Growth % LTFF Growth Drivers Employer New EFX ● The Work Number® record growth Verifier Services thru direct clients, strategic 2% 13-15% partnerships and alternative data 4% ● Growth in new verticals: Government, 9-11% 3% Talent 4% ● Robust set of growt
Slide 30: US Information Solutions (USIS)
US Information Solutions (USIS) Strengthen our foundation of assets and capabilities while investing in solutions and adjacencies that accelerate sustainable growth in existing and new markets 2025 Revenue Mix - $2,078M Focus Areas Government 1% Insurance 3% TWN Indicator Core Markets Telco 3% Other
Slide 31: USIS Long Term Growth Framework
USIS Long Term Growth Framework Organic Revenue Growth % LTFF Growth Drivers New EFX ● New product innovation enabled by differentiated data, EFX Cloud, EFX.AI, 2-3% 6-8% Only EFX… TWN Indicator, NCTUE 5-7% ● Enable the digital client experience: ~2% “Say Yes More” and frictionless, ~1% personalized
Slide 32: International (INTL)
International (INTL) Address customer needs through unique data assets to drive insights delivered via strategic technology platforms complemented by M&A for geographic and domain expansion 2025 Revenue Mix - $1,414M Focus Areas Hea Ins lthca r Mor urance 1 e <1% Data & Insights Innovation Consumer
Slide 33: INTL Long Term Growth Framework
INTL Long Term Growth Framework Organic1 Revenue Growth % LTFF Growth Drivers New EFX ● EFX Cloud-enabled innovation… EFX.AI 8-10% 1.0-1.5% 7-9% ● Differentiated data and insights 1.5-2.0% ● NPI acceleration across INTL 2.5-3.0% Regions range platforms… multi-market NPI between 2.0-2.5% 5-10% ● Globa
Slide 34: Workforce Solutions Overview
Workforce Solutions Overview PROPRIETARY | 34
Slide 35: Unique Dual-sided Business Model Driving Growth
Unique Dual-sided Business Model Driving Growth Supply Networks Dual-sided Business Model Demand Networks 839M TWN Employer Verification 500M+ records services Insights services TWN and 5.1M inquiries Record analytics contributors Alliance partners Employment System-to-System 36% Records via direct c
Slide 36: The Work Number Delivers Speed, Accuracy, and Productivity
The Work Number Delivers Speed, Accuracy, and Productivity Verifications Powered by The Work Number The Work Number provides an Count on The Work Number FCRA-governed and frictionless process to Deliver that delivers significant value for all stakeholders ✓ Speed to decision-making ✓ Accuracy harnessi
Slide 37: Continued Strong Record Growth
Continued Strong Record Growth 2026 Growth Drivers Number of Active Records (Millions) +19M increase 2Q26 vs. 2Q25 ● TWN Record Growth ● Penetration, More Pulls 149M Unique SSNs Note: ● New Products / Use Cases 2Q ’26 Current Records: 124M 1Q ’26 Current Records: 120M ● Data Hub Expansion 4Q ‘25 Cur
Slide 38: Growth Verticals in Big TAMs - Government and Talent
Growth Verticals in Big TAMs - Government and Talent EWS Revenue Opportunity Equifax Manual / No Verifications / Other Players $15B Government $5.0B ~16% 85% Talent Solutions $5.0B ~12% 90% Employer ~$12B+ $2.0B ~20% 80% Services X% X% Mortgage & 60% $1.5B ~40% Housing1 $2.6B Lending 2 $1.5B ~20% 80%
Slide 39: Supplemental Financial Information
Supplemental Financial Information PROPRIETARY | 39
Slide 40: 2Q2026 General Corporate Expense, Capital Spending, D&A, Interest
2Q2026 - General Corporate Expense, Capital Spending, D&A, Interest Expense and Other Income / Expense, Excluding Non-Recurring Costs General Corporate Expense (Including Capital Expenditures (incurred) in 2Q26 were D&A)* – $145M in 2Q26, as compared to $130M, up from $122M in 2Q25. $152M in 2Q25 De
Slide 41: 3Q26 & FY26 Guidance - Corporate Expense, Capex, D&A, Interest
3Q26 & FY26 Guidance - General Corporate Expense, Capital Spending, D&A, Interest Expense and Other Income / Expense, Excluding Non-Recurring costs Interest & Other Income / (Expense)* Capital Expenditures (incurred) 3Q26 : ~$60M - $64M, vs $48M in 3Q25 2026 : ~7.5% of Revenue 2026 : ~$225M - $235M,
Slide 42: 2Q26 Business Unit Performance
2Q26 Business Unit Performance Reported Local Currency Revenue Growth Revenue Growth Workforce Solutions 6.5% 6.5% Verification Services 7.1% 7.1% Employer Services 2.9% 2.9% USIS 17.3% 17.3% USIS excl FICO Mortgage Royalties 5.9% 5.9% Online (Excl. US Consumer, incl Mortgage) 20.5% 20.5% Online (Exc
Slide 43: VantageScore at $1 Creates $1B Annual Savings Opportunity
VantageScore at $1 Creates $1B Annual Savings Opportunity for Originators and Consumers… ~1,300 Lenders Using VS VantageScore Conversion Scenarios Δ vs 2026 Guide Midpoint VantageScore Conversion Percent of Full Year Credit 2026 ✓ VantageScore priced at $1 Scores that are FICO / Guide through end of
Slide 44: First Mortgage Originations: Accounts
First Mortgage Originations: Accounts Number of Accounts in Millions Number of First Mortgage Accounts Originated in Millions Year Annual %YoY 2021 14.1 1.3% 2022 6.8 -52.0% 2023 4.3 -36.8% 2024 4.7 8.7% 2025 5.1 9.0% Note: Originations through March 2026 reported as of May 2026 Data Sourced from Eq
Slide 45: 2Q 2026 USIS Mortgage Hard Inquiries +1%
2Q 2026 USIS Mortgage Hard Inquiries +1% Mortgage Market Credit Inquiries (Hard Pulls*) YoY Growth 2015-2019 Average Level of Inquiries Number of Inquiries 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Full Year 15% 12% (-6%) (-8%) 6.5% 47% (-7.5%) (-37%) (-34%) (-10%) (-7%) *Hard Pulls do
Slide 46: Returned $1.6B of Capital to Shareholders for the LTM
Returned $1.6B of Capital to Shareholders for the LTM Ended June 30, 2026, or 100% of Operating Cash Flow 1Q25 2Q25 3Q25 4Q25 2025 1Q26 2Q26 Adjusted EBITDA $423M $499M $505M $508M $1,935M $477M $552M Free Cash Flow $117M $239M $438M $340M $1,134M $122M $205M Cash Dividends $49M $62M $62M $61M $233M
Slide 47: Strong Balance Sheet and Liquidity
Strong Balance Sheet and Liquidity June 30, 2026 Cash $170M Available Borrowing Capacity¹ $602M Total Liquidity $772M Leverage Ratio for 2Q26² 2.56x Credit Ratings BBB (S&P) / Baa2 (Moody’s) Next Debt Maturity: 5.10% $750M Sr Notes Due 12/15/2027 1. $2.0 billion Revolver (net of CP, LCs, Revolver ou
Slide 48: Glossary of Terms
Glossary of Terms Equifax, from time to time, will use the following terms, which have the following definitions, unless otherwise specified. Term Definition Low Single Digits (LSD) When referring to a growth rate representing 0.1% to 3.9% Mid Single Digits (MSD) When referring to a growth rate repres
Slide 49: 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.