Informa PLC Press Release
7 December 2021

2021-2024 Growth Acceleration Plan II
New Informa: Accelerated growth and portfolio focus
Informa (LSE: INF.L), the international B2B Markets, Knowledge Services and Business Intelligence Groupwill today outline its 2021-2024 Growth Acceleration Plan (“GAP II”) at a Capital Markets Day in London.

Stephen A. Carter, Group Chief Executive, Informa PLC, said:”Today we are announcing Informa’s growth and acceleration plan for the next three years, which commits
the Group to faster growth and increased investment in the two markets where we have leading brands
and leadership positions of scale: Academic Markets and B2B Markets.”
He added: ”As part of this investment and growth strategy we are starting a process to divest our portfolioof high quality, high performing brands in Informa Intelligence, thereby unlocking value and providing thefunds to further strengthen our position in our two growth markets.”
He concluded: “By concentrating on these growth markets, we will expand our Academic and Events
businesses at pace through focused investment, accelerated digital growth and targeted acquisitions.”

2021-2024 GAP II
Informa is announcing a three-year programme with the ambition to create a more focused, higher growthbusiness. Our ambition is to return Group revenues above 2019 levels (rebased for divestments) by the endof GAP II in 2024, whilst returning significant capital to shareholders in 2022.
The GAP II programme will prioritise the following six areas:
1.

Portfolio Focus: Informa will focus and accelerate its investment and efforts on the two markets
where it has leadership positions of scale and which offer attractive opportunities for further growthand expansion: Academic Markets & Knowledge Services (Taylor & Francis) and B2B Markets &Digital Services (Informa Markets, Informa Connect, Informa Tech). The Group plans to divest
Informa Intelligence which, although smaller in the context of the Group, has been transformed intoa high-quality, high-performing and high-value portfolio of brands through targeted GAP I
investment. Divestment will unlock the full extent of this value, providing funds to accelerate
investment and expansion in our two businesses with scale leadership positions.

2.

Digital and Data: Our strategy of Market Specialisation continues to build depth in our chosen
specialist markets and subject categories.
In Academic Markets, we will further expand our position in Open Research, strengthening ourservice offering and extending our customer reach to double underlying growth to 4%+ by 2024.
In B2B Markets, we will accelerate growth through the continued return of B2B Events and further
expansion in B2B Market Access, including accelerating the rollout of Smart Events services,
expanding in Audience Development (content-led lead generation programs, increasinglydifferentiated by data segmentation) and building a position in B2B Digital Demand Generation(data analytics that provide intent-based, qualified B2B buyers and sales prospects). This range ofDigital Services expands our addressable market, providing access to broader customer budgets
and additional opportunities for growth. Data lies at the heart of all these GAP II growth plans andis underpinned through our continued investment in our proprietary B2B customer data andanalytics engine, IIRIS.

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3.

Leadership & Talent: To Champion the Specialist remains our driving purpose and nowhere is thatclearer than in the depth of Specialist talent in the Group. The GAP II programme will see continued
investment in deepening our talent, with a particular focus on further strengthening our digital anddata capability in key areas such as Digital Product Management, Data Science, Audience
Engagement and Digital Marketing.

4.

Investment: The Group will invest up to £150m in incremental capital and net operating expenditurethrough the 2021-2024 GAP II period, funding programmes to expand our range of digital services
and accelerate the pace of underlying growth. By 2024, this investment is expected to generate£150m-£200m of incremental revenue and a growing contribution to operating profit. Further
growth acceleration will be driven by focused M&A that strengthens our existing market positions
and accelerates our expansion in new areas. Today, we have announced the addition of thePremiere portfolio of B2B Events serving the growing US Professional Beauty & Personal Caremarket, as well as an investment in the Totem Smart Events platform and the addition of US-based
NetLine, which brings established capabilities in Audience Development and B2B Digital DemandGeneration.

5.

Shareholder Returns: Subject to full sale, completion and receipt of proceeds from the divestment
of Informa Intelligence, the Group intends to return £1bn of embedded value to shareholders
through the combination of a share buyback programme and a special dividend. This proposed
return of capital is in line with the current balance sheet carrying value of these businesses and will,when completed, leave the remaining proceeds – which reflect the value created through GAP I in
Informa Intelligence – to fund the next phase of accelerated growth at Informa through GAP II.
In addition, improving visibility and continued strong growth in free cash flow will see the Group
resume ordinary dividends with the 2022 Interim Dividend, at an initial annual pay-out ratio of one
third of annual adjusted earnings.

6.

FasterForward: Informa was an early adopter of sustainable business practises that are embedded
within GAP II. Through the 2021-2024 GAP II period, as part of our wider FasterForward programme,
all products within Academic Markets & Knowledge Services will be certified Carbon NeutralProducts and, within B2B Markets & Digital Services, in North America and EMEA we will deliver:•Energy – all B2B Events will be powered by renewable electricity;•Waste – all B2B Events will be part of the Better Stands programme, eradicating single useexhibition stands;•Content – all B2B Events will incorporate Sustainability Inside, providing on-site content that
accelerates sustainable development in our customer markets.

•Carbon – all B2B Events will save our customers more carbon than we emit, underlining ourrole as a carbon consolidator;

Capital Markets Day
Informa will today host a Capital Markets Day for analysts and investors from 1pm GMT / 8am EST at 240
Blackfriars in London, providing further details on our GAP II plans and ambitions. The event will provide theopportunity to meet with a wide range of Senior Management, a number of whom will be presenting
alongside the Group Chief Executive.
A live stream of the event will also be available at www.informa.com.

Enquiries
Stephen A. Carter, Group Chief Executive+44 (0) 20 7017 5771

Gareth Wright, Group Finance Director+44 (0) 20 7017 7096

Richard Menzies-Gow, Director of IR & Communications+44 (0) 20 3377 3445

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Tim Burt / Zoë Watt – Teneo+44 (0) 7583 413254 / +44 (0) 7713 157561

Cautionary Statement
This announcement contains forward-looking statements, including in relation to the financial condition ofthe Group and the results of operations and businesses of the Group. Forward-looking statements are
sometimes, but not always, identified by their use of a date in the future or such words and words of similar
meaning as "ambition", "anticipates", "aspire", "aims", "due", "could", "may", "will", "should", "expects","believes", "intends", "plans", "potential", "targets", "goal" or "estimates". Although the Group believes thatthe expectations reflected in such forward-looking statements are reasonable, these statements are notguarantees of future performance and are subject to a number of risks and uncertainties and actual results,
performance and events could differ materially from those currently being anticipated, expressed or impliedin such forward-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 andUncertainties" section of the Group’s Annual Report. Forward-looking statements contained in thisannouncement speak only as of the date of preparation of this announcement and have not been audited
or otherwise independently verified. Past performance should not be taken as an indication or guaranteeof future results and no reannouncement or warranty, express or implied, is made regarding futureperformance. The Group therefore cautions against placing undue reliance on any forward-looking
statements. Nothing in this announcement should be construed as a profit forecast.
Statements in this announcement reflect the knowledge and information available at the time of its
preparation. Except as required by any applicable law or regulation, the Group expressly disclaims anyobligation or undertaking, including to release publicly any updates or revisions to any statements containedin this announcement 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 announcement does not constitute or form part of any offer or invitation to purchase any securities ofany person nor any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe
for, any such securities, nor shall it or any part of it, or the fact of its distribution, form the basis of, or be
relied on in connection with, any contract or commitment or investment decisions relating thereto, nor doesit constitute a recommendation regarding any securities.

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