FIS — Nov 4, 2024 release

Capital Allocation Update The Company remains committed to shareholder returns and is reiterating its goal to repurchase approximately $4.0 billion of shares in 2024. The Company repurchased $500 million of shares in the third quarter, and has repurchased $3.0 billion of shares year-to-date in 2024. Additionally, the Company continues to target a dividend payout ratio of 35% of adjusted net earnings, excluding EMI. Third Quarter 2024 Financial Results On a GAAP basis, revenue increased 3% as compared to the prior-year period to approximately $2.6 billion. GAAP net earnings attributable to common stockholders from continuing operations were $246 million or $0.45 per diluted share. On an adjusted basis, revenue increased 4% as compared to the prior-year period primarily driven by 6% adjusted recurring revenue growth. Adjusted EBITDA was approximately $1.1 billion, and Adjusted EBITDA margin contracted by 140 basis points (bps) over the prior-year period to 41.3%, reflecting a negative impact from a difficult grow over in corporate expenses. Adjusted net earnings from continuing operations were $765 million, and adjusted EPS increased by 49% as compared to the prior-year period to $1.40 per diluted share. ($ millions, except per share data, unaudited) Three Months Ended September 30, % Adjusted Continuing Operations 2024 2023 1 Change Growth  Banking Solutions Revenue 1,779  1,732  3% 3%  Capital Market Solutions Revenue 730  677  8% 7% Operating Segment Total Revenue $ 2,509  $ 2,409  4% 4%  Corporate and Other Revenue 61  83  (27)% - Consolidated FIS Revenue $ 2,570  $ 2,492  3% - Adjusted E