Broadridge Financial Solutions (BR) 47th Annual Raymond James Institutional Investor Conference summary

Strategic positioning and industry trends

• Positioned at the intersection of capital markets, wealth management, asset management, and public companies, leveraging scale and innovation to drive industry change.

• Processes $15 trillion in trades daily, with $400 billion tokenized, and manages 1.5 billion positions across 150 million accounts.

• Serves 28 of 29 GSIBs, providing high connectivity and operational resilience.

• Financial model targets 5%-7% organic revenue growth, 7%-9% recurring revenue growth, and 8%-12% long-term earnings growth.

• Current year guidance is 9%-12% earnings growth, with mid-single digit growth expected in the current and next quarters.

AI and technology innovation

• AI is viewed as a tailwind, with differentiation from SaaS providers due to regulated market infrastructure and network effects.

• Embedding AI in products through natural language search, self-service help, predictive models, and custom policy engines.

• AI-driven operational efficiencies have led to a 20% productivity improvement in managed services, with another 20% expected.

• AI investments are seen as more efficient when mutualized across clients rather than individually developed.

• AI is used to address $160 billion of unvended space in existing service categories.

Network effects and client engagement

• Acts as a trusted intermediary among 1,000 brokers, tens of millions of clients, 30,000 funds, and 10,000 issuers.

• Network scale reduces costs and increases effectiveness for all parties, especially in governance.

• Pipeline for new opportunities is robust, with a 20% increase in opportunity generation in the first half of the year.

• Growth is driven by investments in tokenization, shareholder engagement, and digital communications.