#1FACTSET THURSDAY, MARCH 24, 2022 FactSet Earnings Call Second Quarter Fiscal 2022 Copyright © 2021 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 1 Anvit 2.859 Movers Den Charter Connun. 2107.578.064 Mr W $41.380.160 PRA $130.231 SIBA 10 IMM 2AM 5.5 FTSE 100 6,176.19 PMAN BUNEAS JAW Sour DUGM 10 AM 053 1 05 x OWARING 6.15 14153325 +80.78 AYLIZA EURO STOXX 50 (EUR) 3,321.39 Fo First That Value Line David COME Coca-Cola Cod he Bottom Cable One ho KLM Martin Marea Mac DC Graham Holdings Co 30.111.41 $75,187,90 $21.643.032 $123.325.065 $105.000.000 Apple Inc. 5379.39 © 6.79 USO Uvid Gantos 11.244.801 $5,723 42.021.304 14.30, far (0.85%) DIA) - O / 23 2.2 20 Ga DJ 30 Ind 26,08 145 11.7% 7.85 S#2FACTSET Forward-Looking Statements and Non-GAAP Measures This presentation may contain forward looking statements reflecting management's current expectations based on currently available information. Actual results may differ materially from what is expressed or forecast in such forward-looking statements. More information about factors that could affect FactSet's business and financial results are in FactSet's filings with the SEC, including its most recent 8-K, 10-K and 10-Q. FactSet undertakes no obligation to publicly update any forward- looking statements as a result of new information, future events, or otherwise. In addition, this presentation and oral statements made in connection with this presentation reference non-GAAP financial measures, such as ASV, organic revenues, adjusted operating metrics, adjusted diluted EPS, EBITDA, and free cash flow. 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 and in FactSet's earnings release issued on March 24, 2022, which are posted on www.factset.com under the Investor Relations section. Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 2#3FACTSET Agenda ● ● Welcome Business Update Financial Overview Questions and Answers Appendix Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 3#4FACTSET Business Update#5FACTSET Key Metrics - Second Quarter 2022 9.4% 1 ORGANIC ASV + PROFESSIONAL SERVICES Driven by improved sales of analytics and research & advisory solutions + 33.7%² ADJUSTED OPERATING MARGIN Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 100 basis points higher YoY due to lower compensation expense and decreased data costs + $3.27* ADJUSTED DILUTED EPS 20% increase YoY from higher revenues, margin expansion and lower tax rate 1 LTM organic growth rate based on February 28, 2022. Annual Subscription Value (ASV) at any given point in time represents the forward-looking revenues for the next twelve months from all subscription services currently supplied to clients and excludes professional services fees billed in the last 12 months, which are not subscription-based. Organic ASV excludes the effects of acquisitions and dispositions completed within the last 12 months, and foreign currency movements. Professional services are revenues derived from project-based consulting and implementation. 2 Please see Appendix for a reconciliation of these GAAP metrics to non-GAAP metrics. 5#6FACTSET Purpose: Drive the Investment Community to See More, Think Bigger, and Do Its Best Work Client Obsession Drive Next-Gen Workflow Solutions Scale Up Our Content Refinery Client Obsession: Provide 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 Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 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 6#7FACTSET Welcome CUSIP Global Services Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. CUSIP GLOBAL SERVICES Experience Process Technology Innovation#8FACTSET ASV + Professional Services Growth Rates* - By Global Segments $1.7B Organic ASV + Professional Services $24M Pro Svcs -3% +9% $460M EMEA +8% *LTM Organic ASV Growth Rate is based on last twelve months as of February 28, 2022 Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. $1,079M AMERICAS +10% $181M ASIAPAC +14%#9FACTSET Financial Overview#10FACTSET Second Quarter 2022 Financial Results* (in thousands, except per share data) 10.0% 9.9% Revenues 2/28/22 $431,119 2/28/21 $391,788 Organic Revenues 2/28/22 $430,763 2/28/21 $391,969 6.2% Operating Income 2/28/22 $123,348 2/28/21 $116,133 13.5% Adjusted Operating Income * Please see Appendix for a reconciliation of GAAP metrics to non-GAAP metrics. Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 2/28/22 $145,139 2/28/21 $127,843 13.8% 20.6% 13.6% 20.2% Net Income 2/28/22 $109,938 2/28/21 $96,643 Adjusted Net Income Diluted EPS 2/28/22 $2.84 2/28/21 $2.50 2/28/22 $126,675 2/28/21 $105,080 Adjusted Diluted EPS 2/28/22 $3.27 2/28/21 $2.72 100bps 110bps Operating Margin 2/28/22 28.6% 2/28/21 29.6% Adjusted Operating Margin 2/28/22 33.7% 2/28/21 32.6% 11.1% (15.5%) Free Cash Flow 2/28/22 $110,071 2/28/21 $130,234 EBITDA 2/28/22 $146,758 2/28/21 $132,153 10#11FACTSET Key Operational Metrics >95% ASV RETENTION ASV retained from clients over the last twelve months. = No change versus 2021 | Q2 92% CLIENT RETENTION Percentage of clients retained over the last twelve months. 210bps higher versus 2021 | Q2 Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 171,341 USER COUNT Number of individuals accessing FactSet's solutions. 12% change since 2021 | Q2 7,172 CLIENT COUNT Companies subscribing to FactSet services with an ASV greater than $10,000. 18% change since 2021 | Q2 11#12FACTSET Returning Capital to Shareholders (in millions except share price) $261 $81 $162.62 '17 $304 $89 '18 $197.06 I Cash Dividends $220 $100 * Includes shares repurchased from employee stock options for 2017 Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. $241.08 '19 $270.10 $201 $110 ¹20 Share Repurchases $330.26 $265 $118 '21 Avg. Share Price $344.41 $169 $121 Q2 '22 LTM 12#13FACTSET Our Updated Guidance Reflects 8% -9% Higher ASV¹ Growth and Expanded Margin Organic ASV + Professional Services Growth4 Revenues5 Operating Margin5 Adjusted Operating Margin 5,6 Effective Tax Rate5 Diluted EPS5 Fiscal 2022 Outlook As of March 24, 2022³ $130-$150 million $1,800 - $1,830 million 25.5% -26.5% 1 Organic ASV + Professional Services 2 FactSet's expectations as of September 28, 2021. Actual results may differ materially from expectations above 3 FactSet's expectations as of March 24, 2022. Actual results may differ materially from expectations above 4 Growth over fiscal 2021 5 Includes CUSIP Global Services (CGS) 6 Please see Appendix for a reconciliation of these GAAP metrics to non-GAAP metrics 33% -34% 12.5% -13.5% Fiscal 2022 Outlook As of September 28, 2021² $105-$135 million $1,705 - $1,720 million 31% -32% 32.5% -33.5% 14.5% - 15.5% $9.75 - $10.15 $11.60-$11.90 Adjusted Diluted EPS5,6 $12.75-13.15 $12.00 - $12.30 The Fiscal 2022 Outlook shown here is a forward-looking statement. Given the risks, uncertainties and assumptions related to FactSet's business and operations, including the ongoing uncertainty surrounding the duration, magnitude and impact of the COVID pandemic, 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. Confidential: Do not forward. | 13#14FACTSET Questions & Answers#15FACTSET Appendix#16FACTSET Non-GAAP Reconciliations Organic Revenues (in thousands) (Unaudited) Revenues Deferred Revenues Fair Value Adjustment Acquired Revenues Currency Impact Organic Revenues Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. FOR THE THREE MONTHS ENDED FEBRUARY 28 2022 $431,119 (62) (1,883) 1,589 $430,763 2021 $ 391,788 181 $ 391,969 % Change 10.0% 9.9% 16#17FACTSET Non-GAAP Reconciliations Adjusted Operating Income, Margin, Net Income (in thousands, except per share data) (Unaudited) Operating Income Intangible Asset Amortization Deferred Revenues Fair Value Adjustment Transformation Costs Business Acquisition Costs Restructuring/ Severance Real Estate Charges Adjusted Operating Income Operating Margin Adjusted Operating Margin Net Income Intangible Asset Amortization Deferred Revenues Fair Value Adjustment Transformation Costs Restructuring/ Severance Business Acquisition Costs Real Estate Charges Income Tax Items Adjusted Net Income Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 2022 $123,348 6,291 (62) 580 5,048 200 9,734 $145,139 28.6% 33.7% $109,938 5,543 (55) 512 177 4,448 8,578 (2,466) $126,675 FOR THE THREE MONTHS ENDED FEBRUARY 28 2021 $116,133 5,914 181 4,654 961 $127,843 29.6% 32.6% $96,643 4,843 148 3,813 787 (1.154) $105,080 % Change 6.2% 13.5% 13.8% 20.6% 17#18FACTSET Non-GAAP Reconciliations EBITDA (in thousands) (Unaudited) Net Income Interest Expense, net Income taxes Depreciation and amortization expense Non-recurring non-cash expenses EBITDA Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. FOR THE THREE MONTHS ENDED FEBURARY 28 2022 $109,938 1,673 12,018 13,395 9,734 $146,758 2021 $ 96,643 1,815 18,023 15,672 $ 132,153 % Change 13.8% 11.1% 18#19FACTSET Non-GAAP Reconciliations Adjusted Diluted EPS (in thousands, except per share data) (Unaudited) Diluted Earnings per Common Share Intangible Asset Amortization Deferred Revenues Fair Value Adjustment Transformation Costs Business Acquisition Costs Restructuring/ Severance Real Estate Charges Income Tax Items Adjusted Diluted Earnings per Common Share Weighted Average Common Shares (Diluted) Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. 2022 $2.84 0.14 0.00 0.01 0.11 0.01 0.22 (0.06) $3.27 38,761 FOR THE THREE MONTHS ENDED FEBRUARY 28 2021 $2.50 0.13 0.00 0.10 0.00 0.02 (0.03) $2.72 38,620 % Change 13.6% 20.2% 19#20FACTSET Non-GAAP Reconciliations Free Cash Flow (in thousands) (Unaudited) Net Cash Provided by Operating Activities Capital Expenditures Free Cash Flow Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. FOR THE THREE MONTHS ENDED FEBRUARY 28 2022 $122,034 (11,963) $110,071 2021 $ 140,659 (10,425) $ 130,234 % Change (15.5)% 20#21FACTSET Non-GAAP Reconciliations Business Outlook Operating Margin, Net Income (in millions, except per share data) Fiscal 2022 (Full Year) Revenues Operating Income Operating Margin Intangible Asset Amortization Transformation Costs Real Estate Charges Restructuring/Severance Business Acquisition Costs Adjusted Operating Income Adjusted Operating Margin Net Income Intangible Asset Amortization Transformation Costs Real Estate Charges Restructuring/Severance Business Acquisition Costs Discrete Tax Items Low End of Range $1,800 $ 459 25.5% 26 5 55 9 40 $ 594 33.0% $376 22 4 48 8 35 (2) $ 492 Adjusted Net Income Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. High End of Range $1,830 $485 26.5% 26 5 55 9 42 $ 622 34.0% $ 391 22 4 48 8 35 (2) $ 507 21#22FACTSET Non-GAAP Reconciliations Business Outlook Diluted EPS (in millions, except per share data) Fiscal 2022 (Full Year) Diluted Earnings per Common Share Intangible Asset Amortization Transformation Costs Real Estate Charges Restructuring/Severance Business Acquisition Costs Discrete Tax Items Adjusted Diluted Earnings per Common Share Copyright © 2022 FactSet Research Systems Inc. All rights reserved. Confidential: Do not forward. Low End of Range $ 9.75 0.58 0.11 1.26 0.20 0.91 (0.06) $ 12.75 High End of Range $ 10.15 0.58 0.11 1.26 0.20 0.91 (0.06) $ 13.15 22#23FACTSET Thank you