Equifax (EFX) investor relations material

Executive summary

• Achieved record 2025 revenue of $6.075B, up 7% from 2024, with 15% of revenue from new products introduced in the last three years, and Adjusted EBITDA of $1.9B, up 5%.

• Nearly 90% of revenue was generated from proprietary data, with significant investments in AI and cloud transformation, including the completion of major international cloud migrations.

• Launched over 180 new products, with 100% of new models and scores powered by EFX.AI, delivering a 30% performance lift over legacy models.

• Returned $1.2B to shareholders through dividends and share repurchases, including a $3B stock repurchase program.

• Strategic priorities for 2026 and beyond focus on accelerating AI-driven innovation, optimizing operations, and expanding differentiated data assets.

Voting matters and shareholder proposals

• Election of ten director nominees for terms expiring at the 2027 Annual Meeting.

• Advisory vote on executive compensation (“say-on-pay”).

• Ratification of Ernst & Young LLP as independent auditor for 2026.

• Advisory vote to lower the ownership threshold to call a special meeting to 25%.

• Shareholder proposal to lower the threshold to 10% (Board recommends against).

Board of directors and corporate governance

• Board is 90% independent, with separate CEO and Chairman roles.

• Four new directors added since 2020, enhancing expertise in accounting, governance, cybersecurity, and technology.

• Annual board and committee self-evaluations, robust succession planning, and director stock ownership requirements.

• Shareholder engagement program reached investors representing 70% of shares, with feedback incorporated into governance and compensation practices.