Informa Group
Market Update
Strong 2023 Performance
Further Growth in 2024
B2B Digital Acceleration

11 January 20241

Disclaimer
This presentation contains forward-looking statements concerning the financial condition, results of operations and businesses of the Group. Although the Group believes
that the expectations reflected in such forward-looking statements are reasonable, these statements are not guarantees of future performance and are subject to anumber of risks and uncertainties and actual results, performance and events could differ materially from those currently being anticipated, expressed or implied in suchforward-looking statements.
Factors which may cause future outcomes to differ from those foreseen in forward-looking statements include, but are not limited to, those identified in the “Principal Risks
and Uncertainties” section of the Group’s Annual Report.
The forward-looking statements contained in this presentation speak only as of the date of preparation of this presentation and the Group therefore cautions against
placing undue reliance on any forward-looking statements. Nothing in this presentation should be construed as a profit forecast. Except as required by any applicable law
or regulation, the Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in thispresentation to reflect any change in the Group’s expectations or any change in events, conditions or circumstances on which any such statement is based.
This presentation does not constitute or form part of any offer or invitation to purchase any securities of any person nor any offer or invitation to sell or issue, or any
solicitation of any offer to purchase or subscribe for, any such securities.

January 2024 Trading Update2Knowledge & Information Economy
Specialist Market ResearchSpecialist Brands

First Party Data
Peer Reviewed ResearchSpecialist B2B MediaAdvanced Learning
Live Experiences

Academic Knowledge

B2B Buyer intent
Open ResearchContent Syndication
On-Demand Access
B2B Audience Development
Pay-to-Publish

B2B Demand Generation

3

Growth Acceleration in 2023

GROWTH

2023 Underlying Revenue Growth c.30%. Reported Revenue £3,165m+ and Adjusted Operating Profitc.£845m1, ahead of market guidance provided at 10-Month Trading Update

STRENGTH

c.40% aggregate underlying revenue growth in B2B Markets (Informa Markets / Connect / Tech)
c.3% underlying revenue growth in Academic Markets

CASHFLOW

Strong cash conversion to deliver 2023 Free Cash Flow of £600m+

DISCIPLINE

Balance sheet discipline maintained through strong cash generation and capital allocation discipline,with year-end leverage expected to be c.1.4x

RETURNS

2023 Dividend Per Share confirmed at 18p, +80% year-on-year£1.06bn of £1.15bn Share Buyback Programme completed by end of 2023

EXPANSION

Additions in Foodservice (Winsight), Specialist Tech Research (Canalys), Packaging & Aviation (Tarsus)
and Healthcare Technology (HIMSS) in 2023, at average post-synergy EV/EBITDA multiple of c.9x

Strength and momentum across the portfolio
January 2024 Trading Update

1Numbers are subject to audit

4Growth Drivers in 2024
STRUCTURALGROWTH
INTERNATIONAL
REACH
HIGH GROWTH B2B
MARKETS

Live & On-Demand B2B Events and Specialist Knowledge
Strength in the US and rapidly expanding economies in the Middle East, China and Asiaeg Pharma, Healthcare, Technology, Health & Nutrition, Beauty and Aviation

VISIBILITY£1bn+ in subscriptions, exhibitor and other recurring booked revenues

STRENGTH

Disciplined balance sheet…c.1.4x leverage at end 2023

GUIDANCE

2024 Revenue £3,425m-£3,475m, Adjusted Operating Profit £945m-£965m(assuming a full year of Informa Tech and prior to any contribution from TechTarget; GBP/USD 1.25)

Committed to further strong growth in 2024
January 2024 Trading Update5Building the Informa Group
Spot conferences
and training
Traditional academic
publishing
Declining portfolio
of information assets
UK, Europe, MEA
Short-term targets
Product orientated
Multiple platforms& systems
Margins before
growth2013

January 2024 Trading Update
Information Classification: General

INVESTMENTNew
Leadershipat Informa
Intelligence

New
Leadershipat Informa
Connect

FOCUS
New
Leadershipat Informa
Markets

Launch of
GrowthAcceleration
Plan

2014
£1,137m
URG 0.7%
Addition ofHanley Wood
Exhibitions

c£100m GAP
investment

2016£1,345m
URG 1.6%
Addition ofPenton Info
Services

Launch ofInforma Tech2018
£2,370m
URG 3.7%

ShareMatchequity plan
launched

Addition of
Dove Medical
Press

A Global leader in B2B
Exhibitions & Events

GROWTH

2019£2,890m
URG 3.5%
COVID-19
Action Plan

Non-coredivestments

Launch of Growth
Acceleration Plan 2

2024E*£3,425m£3,475m
URG 7-9%£1.15bn
Share
Buyback
Programme

Open Researchplatform£2.5bn value forInforma Intelligence
International reach
Investment for
growthCustomer orientatedAccelerated
Integration
Plan
Addition of
UBM plc

Addition of
F1000

Divestment ofIntelligence
Portfolio for£2.5bnAddition of
Tarsus, Winsight,
HIMSS, Canalys

Operational fitness
Consistent underlying
growth2024*Market Guidance (excluding any effect of the proposed combination with TechTarget)
URG = Underlying Revenue Growth6

A Leader in Live & On-Demand B2B Events
Transaction-led Live & On-Demand Events
c.$2.2bn

300+

Revenue

Brands20+

Specialist Markets

6.2m+

Attendees

Healthcare & Pharmaceuticals

Health & Nutrition

Infrastructure, & Construction

BeautyLuxuryAviation & Aerospace

January 2024 Trading Update* Figures relate to 2024

7

A Leader in Live & On-Demand B2B Events
Transaction-led Live & On-Demand Events
c.$2.2bn

300+

Revenue

Brands20+

Specialist Markets

6.2m+

Attendees

Content-led Live & On-Demand Events
c.$1.1bn

400+

Revenue

Brands6

Growth Markets

670k+

Attendees

Healthcare & Pharmaceuticals

Health & Nutrition

Tech

Finance

Infrastructure, & Construction

BeautyBioTech & Life Sciences

Food Services

LuxuryAviation & Aerospace

Anti-Aging & Aesthetics

Lifestyle

January 2024 Trading Update* Figures relate to 2024

8

A Leader in Live & On-Demand B2B Events
Transaction-led Live & On-Demand Events
c.$2.2bn

300+

Revenue

20+

Specialist Markets

Brands6.2m+

Attendees

Content-led Live & On-Demand Events
c.$1.1bn

400+

Revenue

Brands6

Growth Markets

670k+

Attendees

Healthcare & Pharmaceuticals

Health & Nutrition

Tech

Finance

Infrastructure, & Construction

BeautyBioTech & Life Sciences

Food Services

LuxuryAviation & Aerospace

Anti-Aging & Aesthetics

Lifestyle

IIRIS (Proprietary First Party B2B Data Platform)
c$3.3bn/£2.65bn Revenue from Live and On-Demand B2B Events
January 2024 Trading Update* Figures relate to 2024

9

*Assumes proposed combination with
TechTarget completes on schedule

Creating Value through Combination
Creating a Combination

Value Creation

Building Blocks to Combination Structure:

Value Creation:• Current volatility in Technology sector• Long-term growth in the Technology sector• Market value of TechTarget• Increasing use of data-driven B2B products• Implied value of Informa Tech digital businesses (UK / US)• Scale in the key US market• Value of separation and focus for Informa Tech digitalbusinesses• A leading brand in TechTarget• Valuation equalisation (UK / US)• Highly experienced operating management• Available combination synergies• Controlled Company
Forward Ambition:
New TechTarget is targeting double-digit organic revenue
growth, 35%+ Adjusted EBITDA margins and strong free
cashflow conversion within three years of completion, and aforward ambition to generate $1bn of Revenue within five
years of closing:

January 2024 Trading Update• Combination Synergies• US listed company
Enhanced Informa Financials:• Post completion, expected to be immediately enhancing to
Revenue and Operating Profit• Expected to be accretive to Adjusted Earnings from 2026
• Post-tax ROIC expected to be ahead of long-term WACC
within three years

11The Informa GroupB2B Live & On-Demand Events

B2B Digital Services

Transaction-led
Live & On Demand B2B EventsContent-led
Live & On-Demand B2B Events

B2B Data &Market Access Platform

Specialist Academic Research,
Advanced Learning &Open Research

300+ Brands,
20+ specialist markets(Pharma, Health & Nutrition,
Aviation, Beauty, Infrastructure &Construction, Luxury

400+ Brands,
6 growth markets:
Biotech & Life Sciences, Finance,
Foodservice, Anti-Aging &Aesthetics, Lifestyle, Technology

220+ Specialist B2B Brands,
c.50m permissioned
First Party B2B audience data,
Demand Gen &Buyer Intent platforms

6 publishing imprints,
2700+ peer review journals(300+ Open titles),
170k reference titles across
75+ specialist subjects

IIRIS (Proprietary First Party B2B Data Platform)
c.$2.2bn / c.£1.75bn
Revenues

c.$1.1bn / c.£0.9bn
Revenues$0.5bn+ / £0.4bn+
Revenues

Portfolio Growth
Investments

Academic Markets$0.75bn+ / £0.6bn+
Revenues

Brand

Category

EquityNorstella

Pharma Intell.

6.7%

Lloyd’s List

Maritime Intell

20.0%Founder’sForum

B2B Events

22.3%

ITN

Production

20.0%

PA MediaSpecialist Media

18.2%

BolognaFiere

B2B Events

13.5%

BridgeEventsEvents Tech

14.9%

c.$4.5bn / c.£3.65bn
Group Revenues* Figures relate to 2024, including annualised figures for New TechTarget, assuming proposed
combination between Informa Tech’s digital businesses and TechTarget completes as planned

January 2024 Trading Update12Building a platform in B2B Digital Services
Traditional
B2B Events
Traditional
marketing services

INVESTMENT
Investment in
IIRIS Customer
Data Platform

EXPANSIONIIRIS c.10m
audience

Digital display
advertising
Customer lists
E-mail clicks &Webpage views
Industry news
B2B Brand websites
Events attendee details

2020

January 2024 Trading Update
Information Classification: General

Launch ofInforma Tech

Launch andorganic
expansionof Omdia

2020£150m+

Informa Tech

1bn
audience
interactions

IIRIS c.17m
audience

2022£320m+

Informa Tech

2023
£400m+

Informa Tech
c.1.8bnaudience
interactions

Launch of 9
new Dives using
IIRIS data

Launch of
GrowthAcceleration
Plan 2
NetLinejoins the GroupIIRIS 20m+
audience

Informa Tech
Investment inproprietaryintent platforms(Qualifi, Intentive)

2021£165m+GROWTH

Industry Dive
joins the Group

Canalysjoins the Group

Smart Events

2024$500m+New
TechTarget

Content Marketing
Demand Generation

Informa Tech
digitalbusinesses
combine with
TechTarget

IIRIS Customer
Data Platform

IIRIS/New
TechTarget
audiencec.50m

Specialist
business content

Buyer Intent

SEO-optimised
media platform
Lead Insights
Data Report2024*New TechTarget business model

13

B2B Digital Services Platform through New TechTarget
Reprise from 2022 Full Year Results in
March 2023:

New TechTarget:
A Leading Platform in B2B Data and Market Access Leading industry brand: TechTarget
 Leading Buyer Intent Platform: Priority Engine
 c.50m Permissioned First Party B2B Audience Data: TechTarget,
IIRIS
 220+ Leading Specialist B2B Brands & Content: TechTarget,
Industry Dive, Dark Reading Leading Tech Research: Omdia, Canalys, Enterprise Strategy Group Leading Demand Generation Platforms: TechTarget, NetLine,
BrightTALK Leading Content Development Services: BrightTALK, Studio ID

Proposed combination of Informa Tech’s digital businesses with TechTarget to create New TechTarget
January 2024 Trading Update
Information Classification: General

14

Scale and Reach through creation of New TechTarget
Unique strengths in B2B Data & Market Access:

TechTarget

Informa

New TechTarget

B2B Verticals

2

20

201

Customersc.3,400

c.5,700

c.8,6001

Global Customers Spending >$1m
Annually3

42

21

60+

Scale in B2B Customer Relationships

B2B Digital Brands

150

71

221

Scale in Leading B2B Technology

Industry Analysts & Subject Matter
Experts

173

590

763

Original Content Assets / Year

84k

108k

192k

Permissioned Audience(Including IIRIS)

30m

20m+

c.50m2

Scale in Audience Development
Scale in First Party B2B Data

Scale in Product Breadth

A leading platform in B2B Data and Market Access
January 2024 Trading Update

1 Includes de-duplication; 2 Includes illustrative 10% overlap haircut; for data in perimeter 3 Customers based on parent level

15

Scale in Permissioned First Party B2B Audience Data
c.50mFirst Party B2B Audience

Data Sharing
Specialist B2B Audiences
Permissioned Audiences
Buyer Intent

IIRIS data platform and New TechTarget expected to provide access to a total B2B audience of c.50m
January 2024 Trading Update

16

A Leading B2B Data and Market Access Platform
1

High quality B2B websites and newsletters
supporting the end-to-end buyer journey…

Intent &Demand Gen

High quality B2B
content
Brand
awareness& thought
leadership

January 2024 Trading Update

Intelligence& advice

17

A Leading B2B Data and Market Access Platform

Intent &Demand Gen

1High quality B2B websites and newsletters
supporting the end-to-end buyer journey…

2…attracting an audience of B2B buyers,
decision-makers & influencers

Informing andeducating B2B
Decision-makers& influencers
Brand
awareness& thought
leadership

January 2024 Trading Update

Intelligence& advice18

A Leading B2B Data and Market Access Platform

Intent &Demand gen

1

High quality B2B websites and newsletters
supporting the end-to-end buyer journey…

2…attracting an audience of B2B buyers,
decision-makers & influencers

3Known and unknown audience interactions
generate First-Party Data (Contact & Behavioural)

Securing
permissioned,
first-party
audience data
Brand
awareness& thought
leadership

January 2024 Trading Update

Intelligence& advice

19

A Leading B2B Data and Market Access Platform

Intent &Demand gen

1

High quality B2B websites and newsletters
supporting the end-to-end buyer journey…

2…attracting an audience of B2B buyers,
decision-makers & influencers

3Known and unknown audience interactions
generate First-Party Data (Contact & Behavioural)

4

Insight and Intent derived from First-Party Data
creates three core customer products

Permissioned,
first party
audience data
Brand
awareness& thought
leadership

January 2024 Trading Update

Intelligence& advice

20

A Leading B2B Data and Market Access Platform
1

High quality B2B websites and newsletters
supporting the end-to-end buyer journey…

2…attracting an audience of B2B buyers,
decision-makers & influencers

3Known and unknown audience interactions
generate First-Party Data (Contact & Behavioural)

4

Insight and Intent derived from First-Party Data
creates three core customer products

5

The products serve diverse customer groups
through the product lifecycle…

C-SuiteBusiness strategists
Intent &Demand gen

Product managers

Sales teams
Field marketers
Performance / Demand
gen marketers

Permissioned,
first party
audience data
Brand
awareness& thought
leadershipIntelligence& advice

Content marketers
Brand marketers
Digital marketers

January 2024 Trading Update

21

A Leading B2B Data and Market Access Platform
1

High quality B2B websites and newsletters
supporting the end-to-end buyer journey…

2…attracting an audience of B2B buyers,
decision-makers & influencers

3Known and unknown audience interactions
generate First-Party Data (Contact & Behavioural)

4

Insight and Intent derived from First-Party Data
creates three core customer products

5

The products serve diverse customer groups
through the product lifecycle…

6…Driving revenue through a comprehensive-suiteof B2B solutions that influences purchasing
decisions and identifies new customers

Market intelligence & insightCompetitor intelligence
Intent &Demand gen

Buyer advice

Qualified sales leadsContent syndication
Intent data

Permissioned,
first party
audience data
Brand
awareness& thought
leadershipIntelligence& advice

Content strategy
Content creation
Sponsorship & display

January 2024 Trading Update

22

The Informa Combination Approach
Combination: Informa Tech to contribute its digital businesses and c.$350m1
cash in exchange for a 57% ownership position in New TechTarget• Brands include NetLine, Industry Dive, Omdia, Canalys and theSpecialist Tech Digital Media Brands eg Information Week, Light Reading,Heavy Reading, AI Business;• Expected 2024 Revenue of c.$275m and Adjusted EBITDA of c.$50m• Informa Tech’s 20+ Live & On-Demand Events franchises remain with
Informa, with management and operating responsibility assumed byInforma Connect• Data sharing provides access to TechTarget’s B2B audience data, which
combined with IIRIS delivers a total B2B audience of c.50m• TechTarget shareholders receive a c.$350m1 cash distribution and retain a
43% ownership position in New TechTarget• Expected 2024 Revenue of c.$235m and Adjusted EBITDA of c.$73m

Combination Structure

57%
A Controlled
Company• Expected one-off cost of c.$30m
January 2024 Trading Update

43%
New
TechTarget

Informa Tech digitalbusinesses$350m1
Cash$350m1 cashon completion

TechTarget

Combination Synergies

c.$20mRevenue synergies

Synergies: Target of $45m Adjusted EBITDA synergies within first three years• c.$20m revenue synergies and c.$25m cost synergies

Existing TechTarget
Shareholders

Informa PLC

c.$25mCost synergies

•
•
•
•
•

Demand Generation uplift
Increased webinar penetration
Multiple cross selling / upselling opportunities
Scale in content enablement services
Geographic and vertical market expansion•

Central efficiencies (eg Real estate, software,systems etc)
Editorial investment and content efficiencies
Sales optimization and product margin
rationalisation••

1 Subject to completion adjustments

23

Leadership and Governance
Proposed New TechTarget Leadership & Board
Leadership: Gary Nugent to be CEO (current Informa Tech CEO) and Mike
Cotoia to be Special Advisor (current TechTarget CEO)
Board: Nine members, including Chair, CEO and seven other Non-Executive
Directors
US Listing: New TechTarget to be Nasdaq-listed under existing ticker, TTGT, andclassified as a Controlled Company• Chair of the Board: To be appointed• Chief Executive: Gary Nugent (Informa Tech CEO)• Special Advisor to the CEO: Mike Cotoia (TechTargetCEO)• Finance Director: Daniel Noreck (TechTarget CFO)
• Non-Executive Directors:
Stephen A. Carter (Informa CEO)
Sally Ashford (Informa HR Director)
Alex Roth (Informa Strategy Director)

Completion: Transaction expected to close in H2 2024, subject to obtaining
TechTarget majority shareholder and satisfying other customary conditions

Representing
Informa’s
shareholding

David Flaschen (NED of Nasdaq-listed Paychex andcurrent/retiring Informa PLC Non-Executive Director)
Don Hawk (TechTarget Co-Founder and Executive Director)
Christina Van Houten (TechTarget Independent Director)
Perfecto Sanchez (TechTarget Independent Director)

January 2024 Trading Update24

Experienced Combination Team to create growth and value
Rebecca
Kitchens

Steve
Niemiec

Sean
GriffeyBill
Morelli

Gary Nugent
MichaelCotoiaTBC

DanielNoreckProgramManagement
Synergy Delivery
Customers,
Colleagues &CultureJanuary 2024 Trading Update

Combination Director

25

Combination Value Creation
Creating a leading platform in B2B Data and Market AccessInforma Value Creation

TechTarget Value Creation

Access to a leading brand in the market



Immediate cash distribution to shareholders (c.$350m1)

Scale in the US (where the customers/value are)

Value premium on Day 1

Specialist talent and management

Participation in combination upsideUS listing (Nasdaq)

Increased market capitalisation



Fully consolidated financialsDiversification of revenue via paid subscriptions



A Controlled Company



Scale in Specialist Tech Research via Omdia/Canalys/ESG2

Expanded access to intent-based First Party Data

Expanded access to intent-based First Party Data

Operational scale benefitsOperational scale benefitsOperating synergies



Operating synergies



Scale player in long-term growth market



Scale player in long-term growth market

Both sets of shareholders expected to receive a balance of immediate benefits and longer-term returns
January 2024 Trading Update

1 Subject to completion adjustments; 2 Enterprise Strategy Group26

The New Informa GroupB2B Live & On-Demand Events

B2B Digital Services

Transaction-led
Live & On Demand B2B EventsContent-led
Live & On-Demand B2B Events

B2B Data &Market Access Platform

Specialist Academic Research,
Advanced Learning &Open Research

300+ Brands,
20+ specialist markets(Pharma, Health & Nutrition,
Aviation, Beauty, Infrastructure &Construction, Luxury

400+ Brands,
6 growth markets:
Biotech & Life Sciences, Finance,
Foodservice, Anti-Aging &Aesthetics, Lifestyle, Technology

220+ Specialist B2B Brands,
c.50m permissioned
First Party B2B audience data,
Demand Gen &Buyer Intent platforms

6 publishing imprints,
2700+ peer review journals(300+ Open titles),
170k reference titles across
75+ specialist subjects

IIRIS (Proprietary First Party B2B Data Platform)
c.$2.2bn / c.£1.75bn
Revenues

January 2024 Trading Update

c.$1.1bn / c.£0.9bn
Revenues$0.5bn+ / £0.4bn+
Revenues

Portfolio Growth
Investments

Academic Markets$0.75bn+ / £0.6bn+
Revenues

Brand

Category

EquityNorstella

Pharma Intell.

6.7%

Lloyd’s List

Maritime Intell

20.0%Founder’sForum

B2B Events

22.3%

ITN

Production

20.0%

PA MediaSpecialist Media

18.2%

BolognaFiere

B2B Events

13.5%

BridgeEventsEvents Tech

14.9%

c.$4.5bn / c.£3.65bn
Group Revenues* Figures relate to 2024, including annualised figures for New TechTarget, assuming proposed
combination between Informa Tech’s digital businesses and TechTarget completes as planned27

Growth and Acceleration
A Leading Platform in B2B Live & On-Demand Events
A Leading Platform in B2B Digital Services
A Leading Platform in Academic Knowledge
Operating Performance and Forward Visibility
Strength and Momentum Across the Portfolio
January 2024 Trading Update28

Thank You

29

B2B Data & Market Access
B2B Product

Description

Audience Development

Specialist Business Content/Brands that inform and educate B2B professionals

Permissioned First Party
Audience Data

Profile and behavioural insight on B2B buyers provided through proprietary subscriptions and interactions
with Specialist B2B Content/Brands, including permission to use data for targeted marketing

Buyer Intent

Individual prospect data generation, through tech-enabled analysis of purchasing intent across segmented
B2B audiences

Specialist Technology Research

Paid subscription-based access to specialist B2B market / product data, analytics and analysis, and custom
project research that informs market, product and go-to-market strategy

Demand Generation &Engagement

Brand awareness and targeted lead generation through data-driven analysis of segmented B2B audiences

Content Development

Creation of bespoke content for B2B vendors looking to reach specialist B2B audiences

January 2024 Trading Update30Additional Information and Where to Find It
In connection with the proposed transaction (the “proposed transaction”) between Informa and TechTarget, TechTarget CombineCo,
Inc. (“NewCo” or, after the completion of the proposed transaction, “New TechTarget”) and TechTarget will prepare and file relevantmaterials with the Securities and Exchange Commission (the “SEC”), including a registration statement on Form S-4 that will contain aproxy statement of TechTarget that also constitutes a prospectus of NewCo (the “Proxy Statement/Prospectus”). A definitive Proxy
Statement/Prospectus will be mailed to stockholders of TechTarget. TechTarget and NewCo may also file other documents with the
SEC regarding the proposed transaction. This communication is not a substitute for any proxy statement, registration statement orprospectus, or any other document that TechTarget or NewCo (as applicable) may file with the SEC in connection with the proposedtransaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS OF TechTarget ARE
URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE PROXY STATEMENT/PROSPECTUS WHEN IT BECOMES AVAILABLE AND ANY
OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED BY TechTarget OR NEWCO WITH THE SEC, AS WELL AS ANYAMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, IN CONNECTION WITH THE PROPOSED TRANSACTION, WHEN THEY
BECOME AVAILABLE BECAUSE THESE DOCUMENTS CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED
TRANSACTION AND RELATED MATTERS. TechTarget investors and security holders will be able to obtain free copies of the Proxy
Statement/Prospectus (when they become available), as well as other filings containing important information about TechTarget,
NewCo, and other parties to the proposed transaction (including Informa), without charge through the website maintained by the SEC
at www.sec.gov. Copies of the documents filed with the SEC by TechTarget will be available free of charge under the tab “Financials” on
the “Investor Relations” page of TechTarget’s internet website at www.TechTarget.com or by contacting TechTarget’s Investor Relations
Department at investor@TechTarget.com.

January2024 Trading
2022
Half-Year
ResultsUpdate
Presentation

31Participants in the Solicitation
Informa, TechTarget, NewCo, and their respective directors and certain of their respective executive officers and employees may bedeemed to be participants in the solicitation of proxies from TechTarget’s stockholders in connection with the proposed transaction.
Information regarding the directors of Informa is contained in Informa’s annual reports and accounts available on Informa’s website atwww.informa.com/investors/ and in the National Storage Mechanism at data.fca.org.uk/#/nsm/nationalstoragemechanism. Information
regarding the directors and executive officers of TechTarget is contained in TechTarget’s proxy statement for its 2023 annual meetingof stockholders, filed with the SEC on April 19, 2023, and in other documents subsequently filed with the SEC. Additional information
regarding the participants in the proxy solicitations and a description of their direct or indirect interests, by security holdings orotherwise, will be contained in the Proxy Statement/Prospectus and other relevant materials filed with the SEC (when they become
available). These documents can be obtained free of charge from the sources indicated above.
No Offer or Solicitation
This communication is for informational purposes only and is not intended to and does not constitute an offer to sell or the solicitationof an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any offer, solicitation or sale of securities inany jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities lawsof any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10of the Securities Act of 1933, as amended.

January2024 Trading
2022
Half-Year
ResultsUpdate
Presentation

32

Cautionary Note Regarding Forward-Looking Statements
This communication contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934 that involve substantial risks and uncertainties. All statements, other than historical facts,are forward-looking statements, including: statements regarding the expected timing and structure of the proposed transaction; theability of the parties to complete the proposed transaction considering the various closing conditions; the expected benefits of the
proposed transaction, such as improved operations, enhanced revenues and cash flow, synergies, growth potential, market profile,business plans, expanded portfolio and financial strength; the competitive ability and position of NewCo following completion of the
proposed transaction; legal, economic, and regulatory conditions; and any assumptions underlying any of the foregoing. Forwardlooking statements concern future circumstances and results and other statements that are not historical facts and are sometimes
identified by the words “may,” “will,” “should,” “potential,” “intend,” “expect,” “endeavor,” “seek,” “anticipate,” “estimate,” “overestimate,”“underestimate,” “believe,” “plan,” “could,” “would,” “project,” “predict,” “continue,” “target,” or the negatives of these words or othersimilar terms or expressions that concern TechTarget’s or NewCo’s expectations, strategy, priorities, plans, or intentions. Forwardlooking statements are based upon current plans, estimates, and expectations that are subject to risks, uncertainties, andassumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual
results may vary materially from those indicated or anticipated by such forward-looking statements. We can give no assurance thatsuch plans, estimates, or expectations will be achieved, and therefore, actual results may differ materially from any plans, estimates, or
expectations in such forward-looking statements.

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Important factors that could cause actual results to differ materially from such plans, estimates, or expectations include, among others:
that one or more closing conditions to the proposed transaction, including certain regulatory approvals, may not be satisfied or waived,on a timely basis or otherwise, including that a governmental entity may prohibit, delay, or refuse to grant approval for the
consummation of the proposed transaction, may require conditions, limitations, or restrictions in connection with such approvals orthat the required approval by the shareholders of TechTarget may not be obtained; the risk that the proposed transaction may not becompleted in the time frame expected by Informa, TechTarget, or NewCo, or at all; unexpected costs, charges, or expenses resulting
from the proposed transaction; uncertainty of the expected financial performance of NewCo following completion of the proposedtransaction; failure to realize the anticipated benefits of the proposed transaction, including as a result of delay in completing the
proposed transaction or integrating the relevant portion of the Informa Tech business with the business of TechTarget; the ability of
NewCo to implement its business strategy; difficulties and delays in achieving revenue and cost synergies of NewCo; the occurrence ofany event that could give rise to termination of the proposed transaction; potential litigation in connection with the proposedtransaction or other settlements or investigations that may affect the timing or occurrence of the proposed transaction or result insignificant costs of defense, indemnification, and liability; evolving legal, regulatory, and tax regimes; changes in economic, financial,political, and regulatory conditions, in the United States and elsewhere, and other factors that contribute to uncertainty and volatility,
natural and man-made disasters, civil unrest, pandemics, geopolitical uncertainty, and conditions that may result from legislative,
regulatory, trade, and policy changes associated with the current or subsequent U.S. administration; risks related to disruption ofmanagement time from ongoing business operations due to the proposed transaction; certain restrictions during the pendency of the
proposed transaction that may impact TechTarget’s ability to pursue certain business opportunities or strategic transactions; Informa’s,
TechTarget’s, and NewCo’s ability to meet expectations regarding the accounting and tax treatments of the proposed transaction; therisk that any announcements relating to the proposed transaction could have adverse effects on the market price of TechTarget’scommon stock;

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the risk that the proposed transaction and its announcement could have an adverse effect on the ability of TechTarget to retain
customers and retain and hire key personnel and maintain relationships with customers, suppliers, employees, stockholders, strategic
partners and other business relationships and on its operating results and business generally; market acceptance of TechTarget’s andthe relevant portion of the Informa Tech business’s products and services; the impact of pandemics and future health epidemics andany related economic downturns, on TechTarget’s business and the markets in which it and its customers operate; changes in
economic or regulatory conditions or other trends affecting the internet, internet advertising and information technology industries;
data privacy and artificial intelligence laws, rules, and regulations; the impact of foreign currency exchange rates; certain
macroeconomic factors facing the global economy, including instability in the regional banking sector, disruptions in the capital
markets, economic sanctions and economic slowdowns or recessions, rising inflation and interest rate fluctuations on TechTarget’s andthe relevant portion of the Informa Tech business’s results; and other matters included in TechTarget’s filings with the SEC, including in
Item 1A of its Annual Report on Form 10-K for the year ended December 31, 2022 and its Quarterly Report on Form 10-Q for thequarter ended September 30, 2023. These risks, as well as other risks associated with the proposed transaction, will be more fully
discussed in the Proxy Statement/Prospectus that will be included in the registration statement on Form S-4 that will be filed with the
SEC in connection with the proposed transaction. While the list of factors presented here is, and the list of factors to be presented inregistration statement on Form S-4 will be, considered representative, no such list should be considered to be a complete statement of
all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking
statements. We caution you not to place undue reliance on any of these forward-looking statements as they are not guarantees of
future performance or outcomes and that actual performance and outcomes, including, without limitation, our actual results ofoperations, financial condition and liquidity, and the development of new markets or market segments in which we operate, may differ
materially from those made in or suggested by the forward-looking statements contained in this communication.
Any forward-looking statements speak only as of the date of this communication. None of Informa, TechTarget, or NewCo undertakes
any obligation to update any forward-looking statements, whether as a result of new information or developments, future events, orotherwise, except as required by law. Neither future distribution of this communication nor the continued availability of thiscommunication in archive form on TechTarget’s website at www.TechTarget.com or Informa’s website at www.informa.com/investors
should be deemed to constitute an update or re-affirmation of these statements as of any future date.
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