FIS — Apr 17, 2025 release

Issuer Solutions Transaction Details The acquisition of Issuer Solutions for a net purchase price of $12 billion (total value of $13.5 billion excluding $1.5 billion of anticipated net present value of tax assets) represents a multiple of approximately 9x expected 2025 synergized EBITDA. FIS will fund the acquisition through a combination of $8 billion of new debt and the value from the sale of its minority stake in Worldpay. Following the closing of the transactions, the Company expects pro forma gross leverage to be approximately 3.4x, deleveraging to its target gross leverage of 2.8x within 18 months. This transaction is expected to close in the first half of 2026, subject to regulatory approvals, the closing of the Worldpay transaction, and other customary closing conditions. Worldpay Transaction Details The sale of 45% of Worldpay for $6.6 billion represents a multiple of approximately 10.5x expected 2025 EBITDA, a premium to the 9.8x valuation of FIS’ February 2024 sale of its 55% stake in Worldpay. This transaction is expected to close in the first half of 2026, subject to regulatory approvals, the closing of the Issuer Solutions transaction, and other customary closing conditions. Capital Allocation Updates The Company will continue to execute against its existing capital allocation priorities in 2025, including an M&A spend of up to $1 billion and share repurchases of $1.2 billion. The Company expects to maintain its dividend policy of annual dividend per share growth consistent with Adjusted EPS growth. Post closing the transaction, the Company expects to temporarily pause share repurchases and tuck-in M&A to accelerate deleveraging. The Company will resume its existing capital allocation priorities once it has achieved its target gross leverage of 2.8x.   2 1Q 2025 Financial Update FIS expects to report first q