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verisk.comverisk.com © Verisk Analytics, Inc. All rights reserved. 3Q 2026 Earnings Presentation November 5, 2026
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© Verisk Analytics, Inc. All rights reserved.2 Forward-Looking Statements, Safe Harbor, and Non-GAAP Financial Measures 3Q 2026 Earnings Presentation Forward-Looking Statements This release contains forward-looking statements about Verisk’s future performance, including those related to our financial guidance. These statements relate to future events or to future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. This includes, but is not limited to, our expectation andability to pay a cash dividend on our common stock in the future, subject to the determination by our Board of Directors and based on an evaluationof our earnings, financial condition and requirements, business conditions, capital allocation determinations, and other factors, risks, and uncertainties.In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “target,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” or “continue” or the negative of these terms or other comparable terminology. You should not place undue reliance on forward- looking statements, because they involve known and unknown risks, uncertainties, and other factors that are, in some cases, beyond our control and that could materially affect actual results, levels of activity, performance, or achievements. Other factors that could materially affect actual results, levels of activity, performance, or achievements can be found in our quarterly reports on Form 10-Q, annual reports on Form 10-K, and current reports on Form 8-K filed with the Securities and Exchange Commission. If any of these risks or uncertainties materialize or if our underlying assumptions prove to be incorrect, actual results may vary significantly from what we projected. Any forward-looking statement in this release reflects our current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to our operations, results of operations, growth strategy, and liquidity. We assume no obligation topublicly update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise except as required by applicable securities laws. Notes Regarding the Use of Non-GAAP Financial Measures We have provided certain non-GAAP financial information as supplemental information regarding our operating results. These measures are not in accordance with, or an alternative for, U.S. GAAP and may be different from non-GAAP measures reported by other companies. We believe that our presentation of non-GAAP measures provides useful information to management and investors regarding certain financial and business trends relating to our financial condition and results of operations. In addition, our management uses these measures for reviewing our financial results, for budgeting and planning purposes, and for evaluating the performance of senior management.
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© Verisk Analytics, Inc. All rights reserved.3 Financial Highlights • Delivered OCC revenue growth of 7.4% – Underwriting OCC growth of 7.7% – Claims OCC growth of 6.7% • Grew subscription revenue 8.2% on an OCC basis • Drove 7.5% OCC adjusted EBITDA growth • Expanded adjusted EBITDA margins by 90 bps to 56.7% • Returned ~$2.1B to shareholders YTD through dividends and repurchases – Completed a $100M accelerated share repurchase program – Repurchased 10.5M shares YTD Strategic Highlights • Hosted key client events during the quarter: ― Verisk Insurance Conference London ― Core Lines User Conference ― Emerging Issues workshops • Released 2026 Global Modeled Catastrophe Losses Report • Added 21 new data contributors to E&S dataset and grew image library in Digital Media Forensics by 200m images • Launched 5 new modules across Core Lines Reimagine • Released our first quarterly update for Verisk Synergy Studio in October • Launched MCP Connectors with Microsoft and Amazon as well as further content available via Claude in October 3Q 2026 Highlights 3Q 2026 Earnings Presentation 1. See Appendix and our SEC filings for reconciliation of Non -GAAP measures 2. OCC is organic constant currency
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© Verisk Analytics, Inc. All rights reserved.4 3Q 2026 Financial Summary 3Q 2026 Earnings Presentation 1. See Appendix and our SEC filings for reconciliation of Non -GAAP measures Revenue Adj EBITDA Adj EBITDA Margin Diluted Adj EPS Free Cash Flow $809M $459M 56.7% $1.96 $200M +7.4% (OCC) +7.5% (OCC) +90 bps +14.0% -40.5% Underwriting Claims +7.7% +6.7% OCC Revenue Growth OCC Revenue Growth Subscription Transactional +8.2% +3.2% OCC Revenue Growth OCC Revenue Growth Domestic International 81% 19% of Total Revenue of Total Revenue Subscription Transactional 84% 16% of Total Revenue of Total Revenue
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© Verisk Analytics, Inc. All rights reserved.5 Financial Results
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© Verisk Analytics, Inc. All rights reserved.6 ($ in millions except per share amounts) Financial Results Financial Results 1. See Appendix and our SEC filings for reconciliation of Non -GAAP measures 2. 2025 reported results include the results from recently disposed VMS. Revenue Adjusted EBITDA Adjusted EBITDA Margin Diluted GAAP EPS Diluted Adj EPS Free Cash Flow 3Q26 3Q25 YoY Change OCC Growth $809M 459 56.7% $1.70 $1.96 $200M $768M 429 55.8% $1.61 $1.72 $336M 5.3% 7.0% 90 bps 5.6% 14.0% -40.5% 7.4% 7.5% - - - -
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© Verisk Analytics, Inc. All rights reserved.7 Revenue Breakdown Financial Results ($ in millions) OCC Growth Rates 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Underwriting 7.2% 7.7% 5.8% 7.2% 5.3% 5.6% 7.7% Claims 9.6% 8.3% 5.0% 0.5% 3.4% 6.1% 6.7% Total 7.9% 7.9% 5.5% 5.2% 4.7% 5.8% 7.4% 1. See Appendix and our SEC filings for reconciliation of Non -GAAP measures $532 $550 $542 $556 $552 $569 $568 $221 $223 $226 $223 $231 $237 $241 $753 $773 $768 $779 $783 $806 $809 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Underwriting Claims Total
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© Verisk Analytics, Inc. All rights reserved.8 OCC Growth Subscription Transactional Total 3Q24 9.1% (2.5)% 6.8% 4Q24 11.0% (1.1)% 8.6% FY24 9.1% (1.0)% 7.1% 1Q25 10.6% (4.0)% 7.9% 2Q25 9.3% 1.8% 7.9% 3Q25 8.7% (8.8)% 5.5% 4Q25 7.7% (6.5)% 5.2% FY25 9.1% (4.3)% 6.6% 1Q26 7.0% (6.1)% 4.7% 2Q26 8.0% (4.2)% 5.8% 3Q26 8.2% 3.2% 7.4% Subscription vs. Transactional Growth Financial Results Organic Constant Currency (OCC) 3Q26 Highlights • Total revenue OCC growth of 7.4% – Sequential improvement in growth across Underwriting & Claims • Subscription revenue growth of 8.2% – Clients expanding and extending relationships across Forms, Rules & Loss Costs and Catastrophe Risk Solutions as they adopt new solutions – Strong renewals and addition of new logos in Anti-Fraud • Transactional revenue growth of 3.2% – Stronger services revenue in Life Solutions – Continued pressure from below average weather-related volumes in Property and Restoration Solutions – Softer transactional activity in the U.S. and Canada across property lines
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© Verisk Analytics, Inc. All rights reserved.9 Adjusted EBITDA & Adjusted EBITDA Margin Financial Results 1. See Appendix and our SEC filings for reconciliation of Non -GAAP measures ($ in millions) Adjusted EBITDA Total Adjusted EBITDA Margin $417 $445 $429 $437 $438 $464 $459 9.5% 9.7% 8.8% 6.2% 5.9% 7.4% 7.5% 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Adj. EBITDA OCC Growth 55.3% 57.6% 55.8% 56.1% 55.9% 57.5% 56.7% 55.0% 55.6% 55.7% 56.2% 56.3% 56.3% 56.6% 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Quarterly Margin Trailing Twelve Month Margin
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© Verisk Analytics, Inc. All rights reserved.10 2026 Outlook Financial Results 1. Our 2025 results include $68M in revenue from Verisk Marketing Solutions, which was divested in December 2025. Note: See Appendix and our SEC filings for reconciliation of Non -GAAP measures Metric 2025 Results(1) 2026 Guidance Total Revenue $3,073M $3,190 – $3,240M Adjusted EBITDA $1,727M $1,790 – $1,830M Adjusted EBITDA Margin 56.2% 56.0% – 56.5% Diluted Adjusted EPS $7.16 $7.45 – $7.75 Tax Rate 22.5% 23% – 26% Capex $244M $260 – $280M Fixed Asset D&A $259M $270 – $290M Intangible Amortization $68M $60M Interest Expense $171M $190 – $200M Dividend Per Share $1.80 $2.00
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© Verisk Analytics, Inc. All rights reserved.11 Cash Flow and Capital
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© Verisk Analytics, Inc. All rights reserved.12 Recent Capital Actions Cash Flow and Capital Share Repurchase • Executed a $100M ASR in September – Incremental to the $1.5B ASR executed in the first quarter and the $200M ASR executed in the second quarter • Repurchased 10.5 million shares during the first three quarters of 2026 • $700M remaining under share repurchase authorization Dividend • Paid dividend of $0.50 a share on September 30, 2026, totaling $64M • Board approved dividend of $0.50 per share for 4Q26
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© Verisk Analytics, Inc. All rights reserved.13 Cash Flow and Capital 1. Total debt excludes finance lease liabilities, any issued letters of credit, and issued surety bonds and is the balance as of 9/30/2026. 2. Debt/EBITDA is based on debt level as of 9/30/2026 and LTM Adjusted EBITDA. Capital Structure (in $ millions) as of Sep 30, 2026 Bonds $4,250M 364-Day Term Loan Facility $250M Revolver Drawn $0M Total Debt1 $4,500M Debt/EBITDA2 2.5x Investment Grade Ratings Moody’s Baa1 S&P BBB $250 $600 $1,250 $500 $500 $600 $700 $500 $350 $500 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2044 2045 2046 2049 2050 Term Loan Public Bonds Undrawn Revolver
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© Verisk Analytics, Inc. All rights reserved.14 Dividends & Share Buybacks since Dividend Initiation Commitment to Returning Capital Cash Flow and Capital 1. Dividend per share is the annual dividend amount paid quarterly. 2. Dividend payout ratio is calculated as dividend per share divided by diluted adjusted earnings per share. 3. 2022 includes the cash proceeds from the disposition of 3E and Verisk Financial Services. 4. 2023 includes the cash proceeds from the disposition of the Energy business. 5. 2026E dividend payout ratio is calculated using the FY guided dividend and the midpoint of 2026 Diluted Adjusted EPS guidance range. Dividends Share Repurchase Year Dividend Per Share1 YoY Growth (%) Payout Ratio2 (%) 2019 $1.00 -- 23% 2020 $1.08 8% 21% 2021 $1.16 7% 22% 20223 $1.24 7% 25% 20234 $1.36 10% 24% 2024 $1.56 15% 23% 2025 $1.80 15% 25% 2026E5 $2.00 11% 26% Year Share Repurchase ($M) % of Shares Outstanding Free Cash Flow 2019 $300M 1.3% $740M 2020 $349M 1.3% $821M 2021 $475M 1.5% $887M 20223 $1,663M 5.3% $784M 20234 $2,800M 8.1% $831M 2024 $1,050M 2.7% $920M 2025 $624M 1.8% 1,192M 2026YTD6 $1,927M 7.5% $824M
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© Verisk Analytics, Inc. All rights reserved.15 Cash Flow Utilization Cash Flow and Capital 1. Includes acquisition-related earnout payments from operating activities 2. Cash flow measures follow GAAP view and includes the impact from recent dispositions, including discontinued operations 3. Includes acquisitions and purchase of controlling interest, proceeds from sale of businesses, investments in nonpublic compan ies, and proceeds received upon settlement of investment in non-public companies 4. Includes shares repurchased but not yet settled. (in $ millions) 2024 2025 3Q25 3Q26 Net cash provided by operating activities1,2 $1,144M $1,436M $404M $267M Capital expenditures (224)M (244)M (67)M (67)M Free cash flow (FCF) 920M 1,192M 336M 200M Acquisitions and divestitures3 95M (111)M (164)M (25)M Net debt borrowings 189M 1,671M 1479M —M Repurchases of common stock4 (1,050)M (624)M (100)M (100)M Dividends paid (221)M (251)M (63)M (64)M Cash and cash equivalents 291M 2,178M 2,108M 557M
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© Verisk Analytics, Inc. All rights reserved.16 Supplemental Slides and Non-GAAP Reconciliations Appendix
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© Verisk Analytics, Inc. All rights reserved.17 Underwriting 71% Claims 29% 2025 Revenue Contribution Appendix Percentage totals in this presentation may not sum due to rounding. Note: Verisk Marketing Solutions was divested at the end of 2025. Forms, Rules, and Loss Costs 32% Underwriting Data Analytics Solutions 14% Life Solutions 4% Verisk Marketing Solutions 2% UWS International 2% Catastrophe and Risk Solutions 13% Specialty Business Solutions 4% Property and Restoration Solutions 14% Anti-Fraud 10% Casualty 3% Claims International 3% $3.07B Revenue
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© Verisk Analytics, Inc. All rights reserved.18 Specified Metrics Non-GAAP Reconciliations Appendix We have provided certain non-GAAP financial information as supplemental information regarding our operating results. These measures are not in accordance with, or an alternative for, U.S. GAAP and may be different from non-GAAP measures reported by other companies. We believe that our presentation of non-GAAP measures provides useful information to management and investors regarding certain financial and business trends relating to our financial condition and results of operations. In addition, our management uses these measures for reviewing our financial results, for budgeting and planning purposes, and for evaluating the performance of senior management. EBITDA, Adjusted EBITDA, and Adjusted EBITDA Expenses EBITDA represents GAAP net income adjusted for (i) depreciation and amortization of fixed assets; (ii) amortization of intangible assets; (iii) interest expense, net; and (iv) provision for income taxes. Adjusted EBITDA represents EBITDA adjusted for acquisition-related adjustments (earn-outs), gain/loss from dispositions (which includes businesses held for sale), adjustments of cost-based investments, net adjustments from equity-method investments, net gain upon settlement of investment in non- public companies, and nonrecurring gain/loss. Adjusted EBITDA expenses represent adjusted EBITDA net of revenues. We believe these measures are useful and meaningful because they allow for greater transparency regarding our operating performance and facilitate period-to-period comparison. We are not able to provide a reconciliation of projected Adjusted EBITDA and Adjusted EBITDA margin to the most directly comparable expected GAAP results because of the unreasonable effort and high unpredictability of estimating certain items that are excluded from non-GAAP Adjusted EBITDA and Adjusted EBITDA margin, including, for example, tax consequences, acquisition-related costs, gain/loss from dispositions and other non-recurring expenses, the effect of which may be significant. Adjusted Net Income and Diluted Adjusted EPS Adjusted net income represents GAAP net income adjusted for (i) amortization of intangible assets, net of tax; (ii) acquisition-related adjustments (earn-outs), net of tax; (iii) gain/ loss from dispositions (which includes businesses held for sale), net of tax; (iv) adjustments of cost-based investments, net of tax; (v) net adjustments from equity-method investments, net of tax; (vi) net gain upon settlement of investment in non-public companies, net of tax; and (vii) nonrecurring gain/loss, net of tax. Diluted adjusted EPS represents adjusted net income divided by weighted-average diluted shares. We believe these measures are useful and meaningful because they allow evaluation of the after-tax profitability of our results excluding the after-tax effect of acquisition-related costs and nonrecurring items. We are not able to provide a reconciliation of projected Adjusted EPS to the most directly comparable expected GAAP results because of the unreasonable effort and high unpredictability of estimating certain items that are excluded from non-GAAP Adjusted EPS, including, for example, tax consequences, acquisition-related costs, gain/loss from dispositions and other non-recurring expenses, the effect of which may be significant. Free Cash Flow Free cash flow represents net cash provided by operating activities determined in accordance with GAAP minus payments for capital expenditures. We believe free cash flow is an important measure of the recurring cash generated by our operations that may be available to repay debt obligations, repurchase our stock, invest in future growth through new business development activities, or make acquisitions. Organic Organic is defined as operating results excluding the effect of recent acquisitions and dispositions (which include businesses held for sale), and nonrecurring gain/loss associated with cost-based and equity-method investments that have occurred over the past year. An acquisition is included as organic at the beginning of the calendar quarter that occurs subsequent to the one-year anniversary of the acquisition date. Once an acquisition is included in its current-period organic base, its comparable prior- year-period operating results are also included to calculate organic growth. A disposition (which includes a business held for sale) is excluded from organic at the beginning of the calendar quarter in which the disposition occurs (or when a business meets the held-for-sale criteria under U.S. GAAP). Once a disposition is excluded from its current-period organic base, its comparable prior-year-period operating results are also excluded to calculate organic growth. We believe the organic presentation enables investors to assess the growth of the business without the impact of recent acquisitions for which there is no prior-year comparison and the impact of recent dispositions, for which results are removed from all prior periods presented to allow for comparability. Organic Constant Currency (OCC) Growth Rate Organic Constant Currency (OCC) Growth Rate: Our operating results, such as, but not limited to, revenue and adjusted EBITDA, reported in U.S. dollars are affected by foreign currency exchange rate fluctuations because the underlying foreign currencies in which we transact changes in value over time compared with the U.S. dollar; accordingly, we present certain constant currency financial information to assess how we performed excluding the impact of foreign currency exchange rate fluctuations. We calculate constant currency by translating comparable prior-year-period results at the currency exchange rates used in the current period. We believe organic constant currency is a useful and meaningful measure to enhance investors’ understanding of the continuing operating performance of our business and to facilitate the comparison of period-to-period performance because it excludes the impact of foreign exchange rate movements, acquisitions, and dispositions.
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© Verisk Analytics, Inc. All rights reserved.19 Segment Results and EBITDA | Current and Prior-Year Period Non-GAAP Reconciliations Appendix Segment Results Summary and Adjusted EBITDA Reconciliation 3Q26 3Q25 Revenues $809.0M $768.3M Revenues from acquisitions and disposition (7.3) (21.4) Organic revenues 801.7 746.9 Net income 219.2 225.5 Depreciation and amortization of fixed assets 69.5 64.0 Amortization of intangible assets 14.4 18.3 Interest expense, net 53.0 42.2 Provision for income taxes 75.6 76.6 EBITDA 431.7 426.6 Acquisition-related earn-outs, net — 0.7 Acquisition-related fees 10.4 3.9 Adjustments of cost-based investments 16.7 — Net adjustments from equity-method investments 0.2 — Net gain upon settlement of investment in non-public companies — (2.1) Adjusted EBITDA 459.0 429.1 Adjusted EBITDA from acquisitions and disposition (4.0) (9.4) Organic adjusted EBITDA 455.0 419.7
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© Verisk Analytics, Inc. All rights reserved.20 Adjusted Net Income/EPS and Free Cash Flow | Current and Prior-Year Period Non-GAAP Reconciliations Appendix Adjusted Net Income and EPS 3Q26 3Q25 Net income $219.2M $225.5M plus: Amortization of intangibles 14.4 18.3 less: Income tax effect on amortization of intangibles (3.7) (4.7) plus: Acquisition-related earn-outs, net — 0.7 less: Income tax effect on acquisition-related earn-outs, net — (0.1) plus: Acquisition-related fees 10.4 3.9 less: Income tax effect on acquisition-related fees (2.6) (1.0) plus: Adjustments of cost-based investments 16.7 — less: Income tax effect on adjustments of cost-based investments (0.7) — plus: Net adjustments from equity-method investments 0.2 — less: Income tax effect on net adjustment from equity-method investments (0.1) — less: Net gain upon settlement of investment in non-public companies — (2.1) plus: Income tax effect on net gain upon settlement of investment in non-public companies — 0.4 Adjusted net income 253.8 240.9 Diluted EPS attributable to Verisk $1.70 $1.61 Diluted adjusted EPS $1.96 $1.72 Weighted-average diluted shares outstanding 129.2M 139.9M Free Cash Flow 3Q26 3Q25 Net cash provided by operating activities $267.2M $403.5M Capital expenditures (67.2) (67.4) Free cash flow 200.0 336.1
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© Verisk Analytics, Inc. All rights reserved.21 Segment Results and EBITDA | FY 2025 and 2024 Non-GAAP Reconciliations Appendix Segment Results Summary and Adjusted EBITDA Reconciliation FY25 FY24 Revenues $3,072.7M $2,881.7M Revenues from acquisitions and dispositions (31.1) (35.9) Organic revenues 3,041.6 2,845.8 Net income 908.3 957.5 Less: Income from discontinued operations, net of tax — 6.8 Income from continuing operations 908.3 950.7 Depreciation and amortization of fixed assets 259.2 233.6 Amortization of intangible assets 67.5 72.3 Interest expense, net 170.9 124.6 Provision for income taxes 263.0 277.9 EBITDA 1,668.9 1,659.1 Acquisition-related earn-outs, net 7.3 1.1 Acquisition-related fees 16.2 — Net loss (gain) on early extinguishment of debt 15.0 (3.6) Leasehold impairment from office space reduction 2.3 — Impairment of cost-based investments — 1.7 Net gain upon settlement of investment in non-public companies (2.1) (100.6) Nonoperational foreign currency loss on internal loan transaction — 4.2 Litigation reserve, net of recovery — (4.7) Leasehold impairment, net of lease modification gain — 6.7 Loss directly related to dispositions from continuing operations 19.5 12.1 Adjusted EBITDA 1,727.1 1,576.0 Adjusted EBITDA from acquisitions and dispositions (10.8) (6.0) Organic adjusted EBITDA 1,716.3 1,570.0
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© Verisk Analytics, Inc. All rights reserved.22 Adjusted Net Income/EPS and Free Cash Flow | FY 2025 and 2024 Non-GAAP Reconciliations Appendix Adjusted Net Income and EPS FY25 FY24 Net income $908.3M $957.5M less: (Income) loss from discontinued operations 0.0 (6.8) Income from continuing operations 908.3 950.7 plus: Amortization of intangibles 67.5 72.3 less: Income tax effect on amortization of intangibles (17.5) (18.8) plus: Impairment of cost-based investments — 1.7 less: Income tax effect on impairment of cost-based investments — (0.4) plus: Acquisition-related earn-outs, net 7.3 1.1 less: Income tax effect on acquisition-related earn-outs, net (1.8) — plus: Acquisition-related fees 16.2 — less: Income tax effect on acquisition-related fees (4.1) — less: Net loss (gain) on early extinguishment of debt 15.0 (3.6) plus: Income tax effect on net loss (gain) on early extinguishment of debt (3.8) 0.9 plus: Leasehold impairment from space reduction 2.3 — less: Income tax effect on leasehold impairment from space reduction (0.6) — plus: Nonoperational foreign currency loss on internal loan transaction — 4.2 loss: Income tax effect on nonoperational foreign currency loss on internal loan transaction — (1.0) plus: Litigation reserve, net of recovery — (4.7) less: Income tax effect on litigation reserve — 1.7 less: Net gain upon settlement of investment in non-public companies (2.1) (100.6) plus: Income tax effect on net gain upon settlement of investment in non- public companies 0.4 29.1 plus: Leasehold impairment, net of lease modification gain — 6.7 less: Income tax effect on leasehold impairment, net of lease modification gain — (1.7) plus: Loss directly related to dispositions from continuing operations 19.5 12.1 less: Income tax effect on loss directly related to dispositions from continuing operations (18.0) (0.8) plus: Impairment of debt issuance cost 18.9 — less: Income tax effect on impairment of debt issuance cost (4.7) — Adjusted net income 1,002.8 948.9 Diluted EPS attributable to Verisk $6.48 $6.66 Diluted adjusted EPS $7.16 $6.64 Weighted-average diluted shares outstanding 140.1M 142.8M Free Cash Flow FY25 FY24 Net cash provided by operating activities1 $1,436.0M $1,144.0M Capital expenditures (244.1) (223.9) Free cash flow 1,191.9 920.1 1. Cash flow measures follow GAAP view and includes the impact from recent dispositions, including discontinued operations.