IIserr First Quarter 2021 Financial Results April 27, 2021 @ the speed of life Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding anticipated internal revenue growth, adjusted earnings per share, adjusted earnings per share growth, free cash flow conversion, adjusted operating margin, adjusted operating margin expa ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-38962 Fiserv, Inc. (Exact Name of Registrant as Specified in Its Charter) Wisconsin 39-1506125 (State or Other Jurisdiction of I ...

Financial Performance - Q4 2020 - Adjusted Revenue for Q4 2020 was $3620 million, a decrease of 2% compared to $3712 million in Q4 2019[3] - Internal Revenue increased by 1% from $3493 million in Q4 2019 to $3514 million in Q4 2020[3] - Adjusted EPS increased by 16% from $112 in Q4 2019 to $130 in Q4 2020[3] Financial Performance - Full Year 2020 - Adjusted Revenue for 2020 was $13908 million, a decrease of 4% compared to $14445 million in 2019[5] - Internal Revenue remained stable at $13519 million in 2020 compared to $13544 million in 2019[5] - Adjusted EPS increased by 12% from $395 in 2019 to $442 in 2020[5] - Free Cash Flow Conversion was 121% in 2020, compared to 118% in 2019, an increase of 3 percentage points[7] - Adjusted Operating Margin increased by 170 bps from 297% in 2019 to 314% in 2020[7] Segment Performance - Internal Revenue Growth (2020) - Acceptance segment showed 0% internal revenue growth[8] - Fintech segment showed 0% internal revenue growth[8] - Payments segment showed 0% internal revenue growth[8] - Total Company showed 0% internal revenue growth[8] Segment Performance - Adjusted Operating Margin (2020) - Acceptance segment's adjusted operating margin was 254%, a decrease of 200 bps[14] - Fintech segment's adjusted operating margin was 342%, an increase of 410 bps[14] - Payments segment's adjusted operating margin was 433%, an increase of 280 bps[14] - Total Company's adjusted operating margin was 314%, an increase of 170 bps[14] 2021 Performance Outlook - Internal Revenue Growth is projected to be between 8% and 12%[17] - Adjusted EPS is projected to be between $530 and $550, representing a growth of 20% to 24%[17] - Free Cash Flow Conversion is expected to be greater than 108%[17] - Adjusted Operating Margin Expansion is expected to be greater than 250 bps[17]

Fiserv, Inc. (FISV) Q4 2020 Earnings Conference Call February 9, 2021 5:00 PM ET Company Participants Peter Poillon – Senior Vice President of Investor Relations Frank Bisignano – President and Chief Executive Officer Bob Hau – Chief Financial Officer Conference Call Participants Lisa Ellis – MoffettNathanson Dave Koning – Baird Andrew Jeffrey – Truist Securities Darrin Peller – Wolfe Research Jeff Cantwell – Guggenheim Securities David Togut – Evercore ISI Tien-Tsin Huang – JPMorgan Operator Welcome to the ...

Third Quarter 2020 Financial Results Conference Call October 27, 2020 @ the speed of life" Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding anticipated adjusted earnings per share and adjusted earnings per share growth and expected synergies from the acquisition of First Data Corporation ("First Data"). Statement ...

Acquisitions - The company completed the acquisition of First Data for a total purchase price of $46.5 billion, enhancing its global payments and financial technology footprint [178]. - The company acquired MerchantPro Express LLC and Bypass Mobile, expanding its merchant services and omni-commerce capabilities for a total of $167 million [179]. - The acquisition of First Data was completed for a total purchase price of $46.5 billion, with First Data stockholders receiving 286 million shares of Fiserv, Inc. [240]. - The company acquired MerchantPro, Bypass, and Inlet for a total of $167 million, enhancing its merchant services and digital bill payment strategies [242]. - Employee termination costs related to the acquisition of First Data amounted to $28 million for the three months and $105 million for the nine months ended September 30, 2020 [258]. Financial Performance - Total revenue for Q3 2020 reached $3,786 million, a 21% increase from $3,128 million in Q3 2019 [200]. - Processing and services revenue was $3,153 million, accounting for 83.3% of total revenue, up from 83.4% in the previous year [200]. - Product revenue increased to $633 million, representing 16.7% of total revenue, a 22% increase from $520 million in Q3 2019 [200]. - Total revenue increased by $658 million, or 21%, in Q3 2020 and by $4,878 million, or 79%, in the first nine months of 2020 compared to 2019, primarily driven by the First Data acquisition [209]. - Net income attributable to Fiserv, Inc. for Q3 2020 was $264 million, a 33% increase from $198 million in Q3 2019 [200]. - For the nine months ended September 2020, total revenue was $11,020 million, a 79% increase from $6,142 million in the same period of 2019 [205]. - Net income attributable to Fiserv, Inc. for the nine months ended September 2020 was $658 million, a 2% increase from $646 million in the same period of 2019 [205]. - Net income for the first nine months of 2020 was $662 million, a decrease of $11 million compared to $673 million in the same period of 2019 [236]. Revenue Segments - Revenue in the Acceptance segment rose by $442 million, or 44%, in Q3 2020 and by $3,066 million, or 303%, in the first nine months of 2020, significantly influenced by the First Data acquisition [211]. - Revenue in the Payments segment increased by $234 million, or 20%, in Q3 2020 and by $1,627 million, or 66%, in the first nine months of 2020, with contributions from the First Data acquisition [213]. - The company’s Acceptance segment provides a wide range of services, including point-of-sale and e-commerce services, contributing to its global merchant services [173]. - The company’s Fintech segment offers technology solutions for financial institutions, including digital banking and risk management services [174]. - The company’s Payments segment processes digital payment transactions, including card and non-card services, catering to a diverse client base [174]. Expenses and Income - Total expenses for Q3 2020 were $3,244 million, an 18% increase from $2,754 million in Q3 2019 [200]. - Total expenses for the nine months ended September 2020 were $9,684 million, a 93% increase from $5,011 million in the same period of 2019 [205]. - Total operating income increased by $168 million, or 45%, in Q3 2020 and by $205 million, or 18%, in the first nine months of 2020 compared to 2019 [221]. - Operating income for Q3 2020 was $542 million, a 45% increase from $374 million in Q3 2019 [200]. - Operating loss in Corporate and Other increased by $124 million in Q3 2020 and by $1,232 million in the first nine months of 2020, primarily due to the First Data acquisition [225]. Debt and Interest - As of September 30, 2020, total long-term debt was $20.894 billion, a decrease from $21.612 billion at December 31, 2019 [247]. - The company had $2.5 billion in variable rate debt, including $1.8 billion in term loan borrowings and $500 million under accounts receivable securitization [252]. - Interest expense, net increased by $10 million, or 6%, in Q3 2020, and by $256 million, or 92%, in the first nine months of 2020 compared to 2019, primarily due to the issuance of $9.0 billion in fixed-rate senior notes [226]. - A 1% increase in variable interest rates would increase annual interest expense by approximately $26 million [262]. - The company maintained a $3.5 billion revolving credit facility, with $219 million of outstanding borrowings as of September 30, 2020 [252]. Cash Flow and Capital Expenditures - Operating cash flow was $2.96 billion in the first nine months of 2020, an increase of 83% compared to $1.6 billion in the same period of 2019, mainly attributed to the acquisition of First Data [236]. - Capital expenditures were approximately 6% of total revenue for both the first nine months of 2020 and 2019 [237]. - The company repurchased $1.4 billion of its common stock during the first nine months of 2020, compared to $156 million in the same period of 2019 [238]. Taxation - The income tax provision as a percentage of income before income from investments was 32.5% in Q3 2020, up from 20.7% in Q3 2019 [230]. - Net income attributable to Fiserv, Inc. per share-diluted was $0.39 in Q3 2020, compared to $0.33 in Q3 2019 [232]. Foreign Operations and Currency - Approximately 14% of total revenue was generated outside the U.S. during the three months ended September 30, 2020 [266]. - For the nine months ended September 30, 2020, 13% of total revenue was generated outside the U.S. [266]. - A 10% movement in foreign currency rates against the U.S. dollar would have resulted in a pre-tax income change of approximately $12 million [266]. - The notional amount of foreign currency forward exchange contracts designated as cash flow hedges was approximately $206 million as of September 30, 2020 [266]. - Foreign currency-denominated senior notes were designated as net investment hedges to mitigate exposure to foreign currency exchange rate changes [266].

Fiserv, Inc. (FISV) Q3 2020 Earnings Conference Call October 27, 2020 5:00 PM ET Company Participants Peter Poillon - SVP, IR Jeff Yabuki - Executive Chairman Frank Bisignano - President and CEO Bob Hau - CFO Conference Call Participants Dave Koning - Baird Tien-tsin Huang - JPMorgan Tim Chiodo - Credit Suisse David Togut - Evercore ISI Matthew O'Neill - Goldman Sachs Darrin Peller - Wolfe Research Ashwin Shirvaikar - Citi Dan Dolev - Mizuho Operator Welcome to the Fiserv 2020 Third Quarter Earnings Confere ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share FISV The NASDAQ Stock Market LLC 0.375% Senior Notes due 2023 FISV23 The NASDAQ Stock Market LLC 1.125% Senior Notes due 2027 FISV27 The NASDAQ Stock Market LLC 1.625% Senior Notes due 2030 FISV30 The NASDAQ Stock Market LLC 2.250% Senior Notes due 2025 FISV25 The NASDAQ Stock Market LLC 3.000% Senior Notes due 2031 FISV31 The NASDAQ Stock Market LLC UNITED STATES SECURIT ...

Second Quarter 2020 Financial Results Conference Call August 5, 2020 @ the speed of life" Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the strength and resilience of the company's business model, anticipated adjusted earnings per share growth and expected synergies from the acquisition of First Data Corporati ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share FISV The NASDAQ Stock Market LLC 0.375% Senior Notes due 2023 FISV23 The NASDAQ Stock Market LLC 1.125% Senior Notes due 2027 FISV27 The NASDAQ Stock Market LLC 1.625% Senior Notes due 2030 FISV30 The NASDAQ Stock Market LLC 2.250% Senior Notes due 2025 FISV25 The NASDAQ Stock Market LLC 3.000% Senior Notes due 2031 FISV31 The NASDAQ Stock Market LLC UNITED STATES SECURIT ...