#1FACTSET July 18, 2022 FactSet Overview My Book e 2.859 Movers BELLARY.25 PRAESE CA JUBUW FTSE 100 6,176.19 Source 103N 1.NPS AMPS 95xOWRTING 896 +Comp EURO STOXX 50 (EUR) 3,321.39 For Te Line David COME Cor-Cole Coc Data de Ce 30.332.401 $PLANT 300 121.641.432 Apple Inc. 1379380 O ATAU USO $121.325.0 STELOOS www Gantan RAZLAN DAK SEOKa + D 0/ 4M & Uvied Gan 11.75 275 DJ 30 Ina 26.08 . 1 3.8#2FACTSET Forward-Looking Statements and Non-GAAP Measures This presentation, and other statements that FactSet may make in connection with this presentation, contains forward-looking statements based on management's current expectations, assumptions, estimates, forecasts and projections as of the date such statements are made about future events and circumstances. All statements that address expectations, guidance, outlook or projections about the future, including statements about our strategy, future financial results, anticipated growth, expected expenditure, product development, market position and trends, are forward-looking statements. Forward-looking statements may be identified by words like "expects," "believes," "anticipates," "plans," "intends," "estimates," "projects," "should," "indicates," "continues," "may," and similar expressions. These statements are not guarantees of future performance and involve numerous risks, uncertainties, and assumptions. Many factors, including those discussed more fully in FactSet's filings with the Securities and Exchange Commission, particularly our latest annual report on Form 10-K and quarterly reports on Form 10-Q, could cause results to differ materially from those stated. These documents are available on our website at http://investor.factset.com and on the SEC's website at http://www.sec.gov. FactSet believes our expectations and assumptions are reasonable, but there can be no assurance that the expectations reflected herein will be achieved. Unless legally required, we undertake no obligation to update any forward-looking statements made in this presentation whether because of new information, future events or otherwise. In addition, this presentation, and oral statements that may be made in connection with this presentation, references non-GAAP financial measures, such as ASV, adjusted operating metrics, adjusted diluted EPS, EBITDA, and free cash flow. Forward-looking non-GAAP financial measures reflect management's current expectations and beliefs, and we are not able to reconcile such non-GAAP measures to reported measures without unreasonable efforts because it is not possible to predict with a reasonable degree of certainty the actual impact or exact timing of items that may impact comparability. Non-GAAP measures should be considered in addition to, not as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP, as more fully discussed in FactSet's financial statements and filings with the SEC. The use of these non-GAAP measures are limited as they include and/or do not include certain items not included and/or included in the most directly comparable GAAP measure. A reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures is provided in the appendix to this presentation. Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 2#3FACTSET Our purpose is to drive the investment community to see more, think bigger, and do its best work We are transforming the way our users discover, decide, and act on opportunities 01 We are a growth company We drive sustainable growth through continued investment and executional excellence. 02 Innovation drives us We relentlessly focus on products and solutions to meet the evolving needs of the market. 03 Our large addressable market provides opportunity We are a market leader with unique content that provides a deep competitive moat. 04 Our subscription business provides stability Our subscription-based model provides stable revenues and strong client retention. 05 Talent and culture are our foundation We focus on recruiting, retaining, and rewarding a diverse and empowered workforce. Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 3#4FACTSET FactSet at a glance¹ GLOBAL FOOTPRINT (COUNTRIES) OFFICES EMPLOYEES USERS CLIENTS 20 39 10K+ 173K+ 7K+ 1 Figures as of FactSet fiscal Q3 quarter end, May 31, 2022 2 LTM Organic ASV + Professional Services based on last twelve months as of May 31, 2022 3 FY2022 outlook as of June 21, 2022 4 Includes CUSIP Global Services (CGS) $1.77B² 8%-9% 33%-34%* 42 3 3,4 ASV FY22 ASV ORGANIC GROWTH RATE FY22 ADJUSTED OPERATING MARGIN CONSECUTIVE YEARS OF REVENUE GROWTH $12.75-$13.15³,4 DILUTED ADJUSTED EPS Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 4#5FACTSET The market continues to respond favorably to our performance and digital strategy FACTSET > 2017 $6B Market Cap: 2018 $8B Notes: Market prices as of June 27, 2022 FactSet began trading on the New York Stock Exchange on June 28, 1996 2019 $11B 2020 $12B плат 2021 $13B Apr 2022 $15B FDS (+136%) S&P 500 (+61%) Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 5#6FACTSET Five key trends inform our strategic investments to drive growth 20.5. G Efficiency of Operations Technology Disruption, Generational Shift Alpha Driven by Depth of Data ill Multi-Asset Class Content and Analytics $ Value Investing and Regulation Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 6#7FACTSET Our strategy: Build the leading open content and analytics platform to deliver a differentiated advantage for our clients Client Obsession Drive Next-Generation Workflow Solutions Scale Up Our Content Refinery Client Obsession: Deliver open, flexible, adaptive, solutions as part of our open ecosystem with hyper-personalized digital products to provide the "next best action" across the investment lifecycle Next-Generation Workflows: Build differentiated next-generation solutions to streamline our clients' workflows and deliver tangible efficiencies for the front, middle, and back office Content Refinery: Provide the most comprehensive and connected inventory of client, proprietary, and third-party content in our industry Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 7#8FACTSET Our digital platform is critical to the success of the investment community Digital Platform ZAL Superior client service Open, cloud-based platform Deep investment process analytics Integrated digital products Extensive data hierarchy and taxonomy Broad and connected content suite Outcomes for the Investment Community Outperformance Best of breed multi-asset capabilities | Differentiated data for investment decisions Competitive Differentiation Access to robust analytics | Enhanced digital engagement Centralize Content Expanded content access | Data decision support | Enabling data science Operational Efficiencies Cohesive investment process | Frictionless user experience Cost Rationalization Simplification of platforms | Optimize vendor usage Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 8#9FACTSET Our content refinery expands our clients' knowledge and trust Comprehensive and connected inventory of client, proprietary and third-party content that drives broader discoverability Data Connectivity Listings Securities . ● 25 Core Proprietary Content Sets ● Entities People Transactions Relationships - Associations (e.g., Revenue, Frequency, History) FactSet Proprietary Content Expansive coverage, depth, and speed of FactSet's core proprietary content portfolio Core Content: Speed • Core Content: Depth Unique Data: Broad coverage ● 800+ Third Party Data Vendors ● 4M+ Client Portfolios Open: FactSet Marketplace Utilizes FactSet's powerful data connectivity model to ease the onboarding process of third-party data Concordance to FactSet permanent entity identifiers Consolidated contractual process Sandbox for testing INSIGHTS & IDEA GENERATION MARKET LEADING SYMBOLOGY FACTSET REFERENCE sonde MK SCREENED & CONNECTED BY FACTSET w DIVERSE DATA Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only#10FACTSET Next-generation workflow solutions built on our content refinery RESEARCH ● Generate ideas and discover opportunities with unique data. • Monitor the global markets, research public and private companies, and gain industry and market insights. FRONT OFFICE PORTFOLIO CONSTRUCTION Monitor real-time portfolio performance, risk, characteristics, and composition. Perform exploratory data and portfolio construction analysis to optimize expected returns. ● . ● TRADING Ensure pre- and post- trade compliance with active and passive breach management. Oversee order and execution management and allocations. Automate trade execution and optimize algorithm selection. BEST IN BREED DATA RISK MANAGEMENT ● ● MIDDLE OFFICE Measure performance, risk, style, and characteristics for multiple portfolios and asset classes. Choose the risk methodologies that match investment processes. PERFORMANCE + ATTRIBUTION ● ● Understand and analyze sources of performance, risk, and exposure historically and over time. Calculate and manage workflows to lock down official performance or any other analytics. BEST IN CLASS TECHNOLOGY REPORTING Combine key analytics and results with proprietary content in client- eady customizable and automated reports. Distribute results and commentary via reports, web, API or feeds. ● DATA BACK OFFICE MANAGEMENT SOLUTIONS ● ● Optimized integration of internal and third-party content sets Exploitation of data structure and connectivity to uncover actionable insights Leverage data connections to create summary views to manage security-level and counter-party risk more effectively Significantly reduce the costs associated with regulatory reporting requirements Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only CONCORDANCE 10#11FACTSET Our clients are at the center of what we do Transforming the way our users discover, decide, and act on opportunities using our digital platform Hyper-Personalized Products Push ideas and actions across the portfolio lifecycle Support anytime, anywhere decision- making via responsive, adaptable and accessible platforms Trusted Partner Partner with our clients to provide the best services in the industry Provide an elevated level of technology and content expertise Expand our capabilities in professional services Open Ecosystem & Self-Service Remove friction from the client experience with solutions that are open, flexible, and easy to use Advance the Digital Transformation of our clients through our API program Offer a modern data layer with database capabilities in the cloud, including cloud marketplace integrations Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 11#12FACTSET We see significant opportunity to capture more of the addressable market $32B Total Addressable Market¹ $10B Serviceable Addressable Market¹ $1.7B FactSet (FY21)² Total Addressable Market Opportunity Note: Total addressable market (TAM) is the total market demand for a product or service. Serviceable addressable market (SAM) is the segment of the TAM targeted by FactSet's products and services within our geographic segments. 1 TAM and SAM are 2020 figures. Source: FactSet internal data, BCG analysis 2 Organic ASV + Professional Services ASV FactSet ASV and Opportunity Size (ASV vs. CAGR) ● Buy Side Banking Total Addressable Market (TAM) Wealth CAGR PE/VC Corporates Serviceable Addressable Market (SAM) Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 12#13FACTSET We have accelerated top-line growth while maintaining high retention Incremental ASV¹ growth FY22 outlook* $130-$150 million $M $66 FY17 $79 $72 8-9% $78 $130-$150* $112 FY18 FY19 FY20 FY21 FY22* $1.77B Organic ASV + Professional Services¹ ASV retention remains strong 98.3% 98.5% 98.1% 98.7% 98.5% 98.7% III FY17 FY18 FY19 FY20 FY21 Subscription based-business model FY17 FY22 YTD 98.6% 98.5% 98.5% 98.4% 98.6% 98.6% 11 1 LTM Organic ASV + Professional Services Growth Rate is based on last twelve months as of May 31, 2022 *FY22 Outlook as of June 21, 2022 FY18 FY19 FY20 FY21 FY22 YTD 173K+ 12% change since Q3/2021 GLOBAL USERS 7.3K+ 19% change since Q3/2021 GLOBAL CLIENTS Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 13#14FACTSET Executing our strategy through three workflow solutions that leverage our content refinery By Client Type² 16% 84% Sell-Side Buy-Side By Geography¹,2 10% 27% ASV Split by Client, Geography and Business 62% APAC EMEA Americas 1 Percentage of Organic ASV + Professional Services as of May 31, 2022 2 Professional Services of $24M not allocated by client type and geography By Business¹ 17% 35% 48% Content Technology Solutions Analytics & Trading Research & Advisory CTS A&T R&A Off-platform products delivering data directly and leveraging FactSet's core content and technology Solutions for investment portfolio lifecycle connecting all essential front and middle office functions Optimized workflows delivering integrated content for vital aspects of the research and advisory process Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 14#15FACTSET ASV growth rates¹ by geography have largely doubled since 2019 ● Deep sector and private market investments drive banking growth Large wealth deals contributing 5.3% Americas $1,093M 2 FY18 4.7% FY19 5.2% FY20 7.4% FY21 10.1% FY22 Q3 1 FY18 to FY22 Q3 Organic ASV LTM Growth Rates by Region 2 FY22 Q3 Ending ASV; excludes $24M Professional Services ASV ● ● Significantly higher retention due to product investments Higher demand for feeds and APIs Buy side and analytics growth accelerating 4.7% FY18 EMEA $471M ² 3.9% FY19 4.6% FY20 5.6% FY21 8.3% FY22 Q3 ● Buy side and banking driving growth Balanced demand across both global and regional clients Growth increasing in new business 11.2% FY18 AsiaPac $186M² 10.7% FY19 12.3% 7.5% ¡il FY20 14.3% FY21 FY22 Q3 Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 15#16FACTSET We deliver value to clients that is tailored by market and firm type SALES Research + Advisory Solutions Content + Technology Solutions Analytics + Trading Solutions by Market Americas CLIENTS FY21 ASV EMEA APAC Sell Side by Firm Type Buy Side Wealth Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 16#17FACTSET Our client-centric Established Growth Asset Managers Asset Owners Hedge Funds Banking PE/VC Wealth Corporate Partners solutions drive value in established and growing markets % ASV by Solution Analytics + Trading Content + Technology Research + Advisory Client Need Insights, ESG, Consolidation Alternative Investments, ESG Connectivity, Speed, Flexibility Banker Efficiency, Deal Velocity Sourcing, Portfolio Monitoring Client Engagement Market Research, Idea Generation Connectivity of Content FactSet Value Performance, Risk, Truvalue Cabot, Signals, Private Market Alt Content, Quant tools Productivity Tools, Signals/APIs Private Company, Cobalt Advisor Dashboard, Portfolio Guide Screening, Deep Sector Data Management Solutions, APIS Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 17#18FACTSET Recent deals complement our product offerings Headquarters Founded Sponsoring SBU Strategic Alignment Deal Rationale Transaction Timing TRUVALUE LABS San Francisco, CA 2013 CTS ESG Expand ESG footprint and enhance technology- enabled content collection capabilities Closed in Q1 FY21 (November 2, 2020) CABOT INVESTMENT TECHNOLOGY Boston, MA 2004 Analytics & Trading Portfolio Lifecycle Address product gap in behavioral analytics to differentiate our PLC offering Closed in Q4 FY21 (June 1, 2021) BTU ANALYTICS Lakewood, CO 2014 Research & Advisory Deep Sector Accelerate the Power/Energy sub- strategy of our Deep Sector roadmap Closed in Q4 FY21 (July 1, 2021) M cobalt Boston, MA 2011 Research & Advisory Private Markets Building block to accelerate entry into private market workflows and path to differentiated data Closed in Q1 FY22 (October 12, 2021) CUSIP GLOBAL SERVICES Experience Process Technology Innovation New York, NY 1968 CTS Data Management Solutions Enhances symbology, concordance, and reference data management Closed in Q3 FY22 (March 1, 2022) Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 18#19FACTSET CUSIP Global Services acquisition is margin accretive and provides product diversity Closed on March 1, 2022 CUSIP GLOBAL SERVICES Experience Process Technology Innovation Annual Subscription Value Annual Revenues % Subscription % Non-Subscription Pre-Acquisition CY 2021 ~$157M As of Dec 31, 2021 $180M Calendar Year 2021 ~ 85% - 15% Post-Acquisition FY 2022 ~ $165M As of Aug 31, 2022 ~ $185M Pro Forma Full Year > 85% < 15% 个 FY 2025 Mid-to-High Single Digit Growth Mid-to-High Single Digit Growth Constant Varies with Market Conditions Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 19#20FACTSET Our people and culture power our growth agenda We empower our diverse and engaged team to meet our business needs and the needs of our clients ● Our client focus drives the creation of industry-leading products and services ● Our culture of innovation and collaboration makes FactSet an attractive firm for top talent, including technologists • Our focused investment in learning and development allows us to "upskill" the workforce of the future The evolution of "the way we work" offers flexibility to support work/life balance and to increase productivity PACTSET BARTHE ADVANTAGE Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 20#21FACTSET Committed to Sustainable Growth in the Communities in Which We Live and Work FactSet is committed to sustainable growth for our clients, employees, partners, investors, and our communities. We are continually monitoring and improving our social practices, our environmental and climate actions, and our governance initiatives while maintaining and strengthening our relationship with stakeholders. Environmental Published our validated Scope 1 and Scope 2 GHG Emissions from FY19 to FY21, with a 44% decrease in Total Scope 1 and Scope 2 Emissions between FY20 and FY21 Reported to CDP and EcoVadis in 2021 Efforts underway for Scope 3 GHG Emissions inventory, supplier assessment and sustainable procurement program, a climate-risk analysis, and monitoring consumption metrics Of FactSet's global locations, 12 buildings have received LEED or LEED-equivalent certifications TTTT Created FactSet Global DE&I Council consisting of over 20 senior leaders Social Hired Chief DE&I Officer and additional employees to support an expanded DEI strategy Published our workplace demographics for the first time, including our EEO-1 Federal data Incorporated the FactSet Charitable Foundation to facilitate our corporate social responsibility goals - during FY21, our CSR program delivered 263 volunteer events globally, with FactSet volunteers contributing over 14,000 hours of service Governance Board consists of ten directors: 9/10 independent, 4/10 women, 5/10 less than 5 years on Board, 7/10 less than 10 years on Board Comprehensive cybersecurity program designed to protect our enterprise environment, manage cyber risk, and maintain compliance Established Supplier Code of Conduct in FY21 Signed the UN PRI and the UN Global Compact in FY21 To learn more about our sustainability efforts, please see our 2021 Sustainability Report Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 21#22FACTSET Our Awards BEST DATA ANALYTICS PROVIDER Inside Market Data & Inside Reference Data Award Buy-Side Technology Award Fund Technology & WSL Awards BEST BUY-SIDE PERFORMANCE MEASUREMENT AND ATTRIBUTION Buy-Side Technology Awards | Waters Ranking Awards Wealth & Finance International Alternative Investment Awards BEST OVERALL TECHNOLOGY PROVIDER Buy-Side Technology Award Inside Market Data and Inside Reference Data Awards Financial Technologies Forum Awards BEST REPORTING SYSTEM PROVIDER Waters Ranking Awards Wealth Briefing European Award BEST RISK MANAGEMENT TECHNOLOGY PROVIDER MENA Fund Services Award Ranked 19 in Chartis RiskTech 100 Private Equity Wire MARKETPLACE PARTNER OF THE YEAR Snowflake Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 22#23FACTSET Financial Review | Fiscal 2022 Guidance 23#24FACTSET Key Highlights 01 Robust financial model with 95% subscription-based revenues supported by pricing discipline, demonstrated EBITDA flow-through and strong free cash flow conversion 02 Strategic investments drive best-in-class solutions and scale up the content refinery, accelerating top-line growth 03 Disciplined capital allocation drives value creation while investment grade balance sheet ensures flexibility 04 Sustainable earnings growth driven by ASV growth, strategic investments and enterprise- wide productivity initiatives *FY22 Q3 Ending ASV and ASV LTM Growth $1,775M Q3 ASV* 10.1% Q3 LTM Growth* 36.6% Q3 Adjusted Operating Margin Copyright ©2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 24#25FACTSET Attractive financial model with demonstrated strong free cash flow conversion $M 1,221 FY17 3.0% FY17 1,350 FY18 2.5% Revenues FY18 +6.8% 1,435 FY19 4.1% 1,494 Capital Expenditures as % of Revenues FY19 FY20 5.2% 1,591 FY20 FY21 3.9% FY21 +14.0% YOY % 1,345 FY22 YTD 2.7% FY22 YTD $M $M Note: Figures as of FactSet fiscal year end August 31; YTD 9-month figure as of May 31 1 See appendix for a reconciliation of EBITDA to GAAP net income. EBITDA margin is defined as EBITDA as a percentage of Revenues. 2 See appendix for a reconciliation of Free Cash Flow to Cash Flows from Operations. FCF conversion is defined as Free Cash Flow as a percentage of EBITDA. 399 32.7% FY17 284 71.1% FY17 Adjusted EBITDA and EBITDA Margin¹ 424 31.4% FY18 352 83.1% FY18 +7.8% 499 34.8% FY19 EBITDA +14.9% 368 Free Cash Flow² 73.7% FY19 511 Free Cash Flow 34.2% FY20 428 83.8% FY20 539 33.8% FY21 % Margin 494 91.7% FY21 % FCF Conversion +15.4% YOY % 465 34.6% FY22 YTD +8.7% YOY % 351 75.5% FY22 YTD Copyright © 2022 FactSet Research Systems Inc. All rights reserved. FactSet Business Use Only 25#26FACTSET Returning capital to shareholders $M 284 FY17 31% 352 FY18 Free Cash Flow 1 Net Income Payout Ratio ² 34% Avg +14.9% 30.6% 30% 368 FY21 FY19 29% FY17 FY18 FY19 FY20 1 Please see Appendix for free cash flow details. 2 Net income payout ratio reflects dividends as a percentage of net income. 3 Cash flow payout ratio reflects dividends as a percentage of free cash flow. 428 27% 30% 25% thi litt -20% FY18 FY19 FY20 FY17 494 Cash Flow Payout Ratio ³ FY21 26% Avg 26.2% FY20 24% FY21 $M $M 81 C FY17 $261 FY17 89 FY18 Dividends $304 +9.7% $0.5B over the last five years 100 FY18 FY19 Share Repurchases 110 $220 FY20 FY19 $1.25B over the last five years $200 FY20 118 FY21 $265 FY21 Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 26#27FACTSET Strategic investments have accelerated top-line growth ~$150M Incremental ASV from ~$100M Investment ¹ 1 </> Digital Platform $i¢ Deep Sector Private Markets Other 1 Cumulative three-year investments (FY20 - FY22) based internal attribution estimates 2 Organic LTM growth reported for respective FY quarter ends 3 FactSet's expectations as of June 21, 2022. Actual results may differ materially from expectations above Organic ASV + Professional Services Growth 2 5.1% FY19 Base growth 5.3% FY20 Acceleration from Investments 7.2% FY21 8% -9% 3 FY22 Guidance³ Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 27#28FACTSET Disciplined capital allocation framework drives value creation Capital Deployed Last 5 Years (FY17- FY21) Dividend Share Repurchase Return 50% R&D M&A CapEx 50% Reinvest Capital Allocation Framework Investments (R&D / CapEx) ¹ FactSet's expectations as of April 5, 2022. Actual results may differ materially from expectations above. Share Repurchase Dividends Acquisitions Medium Term Goals 1 Target annual organic investment net ~100 to 150 bps of revenues CapEx goal 2.5% - 3% revenues Normalized share repurchase (targeting to resume ~ late FY23) Target quarterly dividend 25% - 30% of net income ~ Current focus on cash flow neutral tuck-in acquisitions and partnerships Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 28#29FACTSET Optimizing capital structure to ensure flexibility Total Debt ($MM) Gross Leverage (Debt / LTM EBITDA) 1.0x $575 1 Feb 28, 2022 3.9x $2,250 Debt incurred for CGS March 1, 2022 3.5x $2,125 Debt incurred for CGS; net of repayment May 31, 2022 2 2.0x - 2.5x 3 Target ● ● ● ● Capital Structure Optimization Investment grade ratings from Moody's (Baa3) and Fitch (BBB) New credit agreement with $500 million revolver ($250 million drawn) and additional $750 million accordion feature $1 billion unsecured senior notes issued (5 year $500 million 2.9% coupon; 10 year $500 million 3.45% coupon) $1 billion pre-payable three-year term loan - $875 million outstanding as of May 31, 2022 Annual interest expense ~$50 million, ramping down to ~$40 million as term loan is repaid Floating rate exposure hedged with 24-month fixed rate swap Debt incurred for CGS on March 1, 2022 included $1.0B of new senior notes, $1.0B of new term loan, $250M drawn new revolver, net of repayment of $575M previous revolver 1 Based on $575M of drawn revolver as of February 28, 2022, and $561M of FY22 Q2 LTM Adjusted EBITDA (excludes CGS); see appendix for Adjusted EBITDA reconciliation 2 Based on May 31, 2022, net of repayment of $125m of the term facility includes unamortized discounts and debt issuance fees. Gross Debt of $2,125m /$601m LTM Q3 Adj. EBITDA = 3.5x 3 FactSet's expectations as of April 5, 2022. Actual results may differ materially from expectations above Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 29#30FACTSET In fiscal year 2022, we expect to deliver 8% -9% Higher ASV¹ Growth and Expanded Margin $130-150M ASV growth³ $M $79 +8.2%4,5 $72 $78 $112 YoY $130-$150 FY18 FY19 FY20 FY21 FY22* 3 Incremental ASV Growth 4 FY17-FY22 Guidance (mid-point March 24) 5 Total Organic ASV Growth *FY22 Outlook as of June 21, 2022 $1.80-1.83B Revenue² $B $1.4 $1.4 +8.3%4 $1.5 1 Please see Appendix for a reconciliation of these non-GAAP metrics to GAAP metrics. 2 Includes CUSIP Global Services (CGS) YoY $1.6 $1.80-$1.83 FY18 FY19 FY20 FY21 FY22* Adj Operating margin¹,2 31.3% 33-34% YOY FY18 33.2% 33.6% 32.5% 33%-34% 0000000 FY19 FY20 FY21 FY22* ...building on momentum of the last several years $12.75-13.15 Adj Diluted EPS¹,2 $8.53 $10.00 +12.1%4 $10.87 $11.20 $12.75- $13.15 FY18 FY19 FY20 FY21 FY22* YoY Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 30#31FACTSET Disciplined expense management drives our margin expansion plan ● • Actively manage key expense drivers: people, real estate, technology and third-party data Reduce real estate footprint to reduce costs ● Focus on sustainable margin expansion to fund investment, coupled with careful expense management and productivity goals People 7% -8% growth¹ (lower than ASV² growth) • Increase workforce productivity with improved technology and "upskilling" • 66% in COE locations3 Prioritize resources for new investments and growth opportunities Real Estate ~150 bps reduction (as % Revenues) ● • Reduced real estate footprint due to hybrid operating model ● Significant reduction of real estate footprint completed, with total charges of $62 million 4 ● • Decreasing expense as a percentage of annual revenues . Continue to invest in Cloud to optimize performance Technology Support growth and investments (8.5% -9.0% of Revenues) • Increase expense growth to support investment strategy ● Above goals represent FactSet's expectations as of April 5, 2022. Actual results may differ materially from expectations above. 1 Average target growth rate through FY25 2 Organic ASV + Professional Services 3 As of February 28, 2022 4 As of May 31, 2022 Provide incremental client products and functionality ● ● Third-Party Data Costs 5% -6% growth¹ (lower than ASV² growth) Rationalize data sources Support strategic initiatives while managing base cost growth to inflation increases Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 31#32FACTSET We expect 8-9% ASV growth and 50-75 basis points of margin expansion per year to deliver 35-36% adjusted operating margin by year-end 2025 Research + Advisory (high single digit growth) Analytics + Trading (high single digit growth) Content + Technology Solutions (low teens growth) FactSet Adjusted Operating Margin 4,5 FactSet Organic ASV Growth 2,3 FactSet Adjusted Diluted EPS Growth 3,5 ¹ Medium term outlook represents FactSet's expectations as of April 5, 2022. Actual results may differ materially from expectations above. 2 Organic ASV + Professional Services 3 Average target growth rate through FY25 (per year on average) 4 Target margin by year-end FY25 5 Includes CUSIP Global Services (CGS) 个 个 个 Medium Term Outlook ¹ 8-9% 35 - 36% 11 - 13% Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 32#33FACTSET APPENDIX 33#34FACTSET We reaffirm fiscal 2022 guidance of 8% -9% ASV¹ growth and expanded margin Guiding to the higher end of the ranges, with tax expected to come in at the lower end of the range Organic ASV + Professional Services Growth³ Revenues Operating Margin Adjusted Operating Margin Effective Tax Rate Diluted EPS FISCAL 2022 OUTLOOK As of June 21, 2022² $130 - $150 million $1,800 - $1,830 million 1 Organic ASV + Professional Services 2 FactSet's expectations as of June 21, 2022. Actual results may differ materially from the expectations above 3 Growth over fiscal 2021. 25.5% -26.5% 33% -34% 12.5% -13.5% $9.75-$10.15 Adjusted Diluted EPS $12.75 - $13.15 The Fiscal 2022 Outlook shown here is a forward-looking statement. Given the risks, uncertainties and assumptions related to FactSet's business and operations, FactSet's actual future results may differ materially from these expectations. Investors should review the Company's cautionary statements and risk factors referred to in this presentation Copyright © 2022 FactSet Research Systems Inc. All rights reserved. FactSet Business Use Only#35FACTSET FactSet EBITDA and Adjusted EBITDA reconciliation ($ in millions) Net Income Interest Expense, Net Income Taxes Depreciation and Amortization Expense EBITDA Non-Recurring Non- Cash Expenses 4 Adjusted EBITDA Note: Columns may not foot due to rounding 1 Fiscal year ending August 31 FY2017 ¹ $258.3 6.6 86.1 48.3 $399.2 $399.2 FY2018 ¹ $267.1 14.4 84.8 57.3 $423.6 $423.6 FY2019 ¹ 1 $352.8 16.6 69.2 60.5 $499.1 $499.1 FY2020 $372.9 9.8 54.2 57.6 $494.5 16.5 $511.0 1 FY2021 $399.6 6.4 68.0 64.5 $538.5 $538.5 1 2 Last twelve months ending May 31 3 Nine months ending May 31 4 FY2020 Impairment charge to reflect the estimated fair value of an investment in a company, LTM and YTD 2022 impairment charge related to the exit of certain leased office space. LTM Q3FY2022 ² $393.6 16.9 52.1 76.5 $539.0 62.2 $601.2 YTD Q3 FY2022 3 $292.5 15.2 34.7 60.2 $402.6 62.2 $464.8 Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 35#36FACTSET FactSet free cash flow reconciliation ($ millions) Net cash provided by operating activities Capital Expenditures 3 Free Cash Flow FY2017 ¹ 1 $320.5 (36.9) $283.7 Note: Columns may not foot due to rounding 1 Fiscal year ending August 31 2 Nine months ending May 31 3 Includes property, equipment, leasehold improvements and capitalized internal-use software FY2018 ¹ 1 $385.7 (33.5) $352.1 FY2019 ¹ 1 $427.1 (59.4) $367.8 1 FY2020 ¹ $505.8 (77.6) $428.2 FY2021¹ $555.2 (61.3) $493.9 YTD Q3 FY2022² $386.9 (36.0) $351.0 Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 36#37FACTSET FactSet adjusted operating margin reconciliation FY2022 Outlook (as of June 21, 2022) ($ millions) Revenues Operating income Operating margin Intangible asset amortization Real estate charges Business acquisition costs Restructuring/severance Transformation costs 1 Adjusted operating income Adjusted operating margin 1 Costs primarily related to professional fees associated with the ongoing multi-year investment plan. Low end of range $1,800 $459 25.5% 26 55 40 9 5 $594 33.0% High end of range $1,830 $485 26.5% 26 55 42 9 5 $622 34.0% Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 37#38FACTSET FactSet adjusted diluted EPS reconciliation FY2022 Outlook (as of June 21, 2022) ($ millions) Diluted earnings per common share Intangible asset amortization Real estate charges Business acquisition costs Restructuring/severance Transformation costs Discrete tax items Adjusted diluted earnings per common share Note: Columns may not foot due to rounding Low end of range $9.75 0.58 1.26 0.91 0.20 0.11 (0.06) $12.75 High end of range $10.15 0.58 1.26 0.91 0.20 0.11 (0.06) $13.15 Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Business Use Only 38