Equifax (EFX) Proxy filing summary

Executive summary

• Achieved record 2025 revenue of $6.075B, up 7% from 2024, with 90% from proprietary data products.

• Launched over 180 new products, with a Vitality Index of 15%, exceeding long-term goals.

• Completed major cloud transformation, with 90% of revenue now cloud-based and significant operational efficiencies realized.

• Nearly 90% of global employees use AI tools, driving innovation and productivity across all functions.

• Returned $1.2B to shareholders through dividends and share repurchases, a sixfold increase from 2024.

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%, which the Board recommends voting against.

Board of directors and corporate governance

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

• Four new directors added since 2020, enhancing skills in finance, governance, cybersecurity, and technology.

• Annual board and committee self-evaluations, robust succession planning, and mandatory retirement age of 72.

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