Experian Annual Report 2024 Year ended 31 March 2024

Financial highlights

Growth % at

Statutory

actual FX

rates

Revenue

US$7,097m

+7%

(2023: US$6,619m)

Operating profit

US$1,694m+34%

(2023: US$1,265m)

Profit before tax

US$1,551m+32%

(2023: US$1,174m)

Basic EPS

USc131.3 +56%

(2023: USc84.2)

Growth % at Growth % at

Benchmark

actual FX

constant FX

rates

rates

Revenue - ongoing activities

US$7,056m +8% +7%

(2023: US$6,548m)

Benchmark EBIT1

US$1,944m +8% +7%

(2023: US$1,798m)

Benchmark profit before tax

US$1,789m

+7%

+6%

(2023: US$1,670m)

Benchmark EPS

USc145.5

+8%

+7%

(2023: USc135.1)

1 From ongoing activities.

The results for the year ended 31 March 2023 have been re-presented for the reclassification to exited business activities of certain B2B businesses.

Reconciliation of statutory to Benchmark measures, page 84

Contents

Strategic report

  1. We power opportunities
  1. Experian at a glance
  1. Chair's statement
  1. Chief Executive's review
  1. Our business model
  1. Our strategy
  1. Our investment case
  1. Stakeholder engagement
  1. Key performance indicators Sustainable business
  1. Environmental, social and governance
  1. Improving financial health
  1. Treating data with respect
  1. Inspiring and supporting our people
  1. Working with integrity
  1. Protecting the environment Compliance information
  1. Non-financialand sustainability information statement
  1. Financial review
  1. Risk management and principal risks
  1. Viability and going concern

Governance

  1. Chair's introduction
  1. Board of directors
  1. Corporate governance report
  1. Nomination and Corporate Governance Committee report
  1. Audit Committee report
  1. Report on directors' remuneration
  1. Directors' report

Financial statements

  1. Financial statements contents
  2. Independent auditor's report

Group financial statements

  1. Group income statement
  2. Group statement of comprehensive income
  3. Group balance sheet
  4. Group statement of changes in equity
  5. Group cash flow statement
  6. Notes to the Group financial statements

Company financial statements

  1. Company financial statements
  1. Notes to the Company financial statements

256 Shareholder and corporate information

258 Glossary

To download this Annual Report and our other corporate literature visit experianplc.com

Roundings

Certain data has been rounded in this report. As a result, the totals of data presented may vary slightly from the actual arithmetic totals of the data.

Exchange rates

Principal exchange rates used are given in note 11to the Group financial statements. The average pound sterling to US dollar rate is 1.26 (2023: 1.20).

Experian plc

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Annual Report 2024

Strategic report

We have created opportunities that are uniquely available to Experian.

We take great pride in our accomplishments in FY24. We have performed well financially, and we have made excellent strategic progress, despite an unfavourable market backdrop in which higher interest rates cooled economic and credit expansion. Once again, it demonstrates our resilience.

What we did in prior years to build a more advantaged Experian, established on strong foundations of our people, technology and integration, has positioned us to address new growth markets.

We have created opportunities that are uniquely available to Experian.

There are many highlights, as this report illustrates: seizing structural growth opportunities in Latin America, executing strategic growth initiatives in North America, enhancing our market position in the UK and Ireland, and improving our performance in EMEA and Asia Pacific.

As we look ahead, the economic outlook in our principal economies has improved, although full recovery may yet take time to materialise. We are confident in our strategy and in our ability to continue to unlock new value. We will continue on our path to be a unique growth company that constantly innovates to help consumers and businesses.

We have made much strategic progress and have high ambitions.

We look forward to creating even greater value for all our stakeholders.

Brian Cassin

Chief Executive Officer

4

Experian plc

Strategic report

Experian today is more than 40% bigger than it was just five years ago, and well on its way to becoming much bigger still.

Experian plc

Annual Report 2024

Over that period, we had headwinds from the COVID-19 pandemic and quite a significant contraction in what people traditionally think of as our biggest revenue driver, which is credit reporting. It tells you just how much we have moved our business on.

This evolution has happened over

a long period of time, and it's moved us into a much more technology-focused data analytics and software company.

Today we are a data and technology business which uses innovative products to modernise industries and provide real-time solutions to help consumers and businesses.

5

Strategic report

We drive change through financial inclusion

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Experian plc

Strategic report

At the same time, we have become a much more important company from a consumer perspective.

Our relationship with consumers has gone from being in the background to being at the front and centre of our brand, and of who we are, using our capabilities to really make a difference to over 180 million people globally.

How we help consumers improve their financial health

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Annual Report 2024

We think we are going to develop even more in this direction. We are going to be a much larger business, doing really interesting things across a much broader spectrum than we are even today.

This is really exciting.

Transforming financial services with AI and Automation

Strategic report

8

Experian plc

Strategic report

Our plans see us as being one of the only companies in the world which can redefine how lending is done, how businesses detect and prevent fraud, how marketers access audiences digitally or even how you can simplify US healthcare payments.

We want to be the indispensable partner for how people manage their finances and the financial app they turn to first.

Transforming healthcare with data and technology

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Annual Report 2024

Strategic report

These are just some examples of how we are powering opportunities across industries, across the world.

Very few companies have this opportunity. Experian has it and it's an exciting thing to be part of and to be driving forward.

10

Experian plc

Strategic report

Experian at a glance

Leading with purpose

What we do

We are a data and analytics powerhouse. In life's big decisions - from buying a home or a car, to sending a child to college, to growing a business - we are there to make a difference. We help individuals take control of their financial lives and follow their dreams. Businesses rely on our valuable data and powerful analytics to make smarter decisions and to mitigate risk. We are changing lending, helping business detect more fraud, simplifying healthcare, making it easier to get a car and much more. We power opportunities in a way that is unique to Experian.

Our business activities

Business-to-Business

We help businesses make faster, smarter decisions - transforming data into information, and information into insights.

Consumer Services

We help people to understand and take control of their credit so they can improve their financial lives.

Global revenue1 by business activity

FY24

Where we operate

We provide services across four geographic operating segments. This regional structure means we can better understand the specific needs and constraints of each local market and we are able to service both domestic and international customers effectively.

Our global reach means we can offer our customers the benefit of shared product development and market knowledge.

Global revenue1 by region

FY24

Who we serve

Our customer base is diverse. Customers range in size from small to medium to large, and to multinational organisations. Organisations and businesses embed our data and decision intelligence platforms in their own systems.

It helps them grow their businesses, mitigate risk and engage with their customers. Millions of individuals also rely on us to save time and money when accessing credit and insurance options.

Global revenue1 by client

FY24

I

J

K

H

G

A

F

E

D

C

B

B2B: Data

52%

North America

66%

Consumer Services

27%

Latin America

16%

B2B: Decisioning

21%

UK and Ireland

12%

EMEA and Asia Pacific

6%

1 Revenue from ongoing activities

Countries where we operate

Argentina

Germany

Panama

Australia

India

Peru

Austria

Ireland

Poland

Brazil

Italy

Singapore

Bulgaria

Lesotho

South Africa

Canada

Malaysia

Spain

Chile

Mexico

Switzerland

China

Monaco

Türkiye

Colombia

Netherlands

United Kingdom

Costa Rica

New Zealand

United States

Denmark

Norway

A. Financial services

39%

B. Direct-to-consumer

16%

C. Health

8%

D. Retail

6%

E. Software and Professional services

6%

F. Automotive

4%

G. Insurance

4%

H. Media and Technology

4%

I. Government and Public sector

3%

J. Telecommunications and Utilities

3%

K. Other

7%

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Disclaimer

Experian plc published this content on 07 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2024 12:27:02 UTC.