Fidelity National Information Services, Inc.

“FIS is a financial technology company providing solutions to financial institutions, businesses and developers.”

“FIS provides a number of systemically critical services, including the settlement of funds for financial institutions, other businesses and consumers”

“FIS reports its financial performance based on the following segments: Banking Solutions ("Banking"), Capital Market Solutions ("Capital Market Solutions") and Corporate and Other.”

“Clients in this segment include global financial institutions, U.S. regional and community banks, credit unions and commercial lenders, as well as government institutions and other commercial organizations.”

“The Banking segment is focused on serving financial institutions with core processing software, transaction processing software and complementary applications and services”

“The Digital One platform is host-agnostic, and our digital suite has been enabled across multiple FIS core banking platforms, including IBS, Horizon, Modern Banking Platform, AffinityEdge, and Systematics, in addition to non-FIS platforms”

“Our international operations represented approximately 23% of our total 2025 revenue and are largely conducted in currencies other than the U.S. Dollar”

“Banking Solutions $7,285 $6,892 $6,743 Capital Market Solutions3,196 2,979 2,766 Corporate and Other196 256 322 Total Consolidated Revenue$10,677 $10,127 $9,831”

“Conducting business in currencies other than the U.S. Dollar subjects us to foreign currency exchange rate fluctuations that can negatively impact our results”

“The transaction closed on January 9, 2026. We funded the Issuer Solutions Acquisition through a combination of approximately $7.7 billion of new debt and the 2026 Worldpay Minority Interest Sale.”

“We continue to see demand in the payments market for innovative solutions that will deliver faster, more convenient payment options in mobile channels, internet applications, in-store cards, and digital currencies”

“On January 31, 2024, we completed the sale (the "2024 Worldpay Sale") of a 55% equity interest in our Worldpay Merchant Solutions business to private equity funds managed by GTCR, LLC”

“completed the 2024 Worldpay Sale on January 31, 2024, for cash consideration in a transaction valuing the Worldpay Merchant Solutions business at an enterprise value of $18.5 billion”

“As we advance our transformation into a platform company, we are embedding artificial intelligence ("AI") across our solutions and operations.”

“Our internal development activities have related primarily to the modernization of our proprietary core systems in each of our segments, design and development of next-generation digital and innovative solutions and development of processing systems and related software applications and risk management platforms”

“we have experienced, and continue to experience, significant cost increases from vendors, and market conditions limit our ability to fully offset these increases through pricing actions”

“Debt outstanding totaled $13.1 billion, with an effective weighted average interest rate of 3.0%. We intend to continue to maintain investment-grade debt ratings.”

“we incurred approximately $7.7 billion of new debt upon closing of the Issuer Solutions Acquisition, as further discussed in Note 1 to the consolidated financial statements, which will increase our interest expense in 2026”

“cyber actors from some of the BRICS countries may conduct attacks on payment infrastructure, including third-party fintech services, to undermine trust in the Western financial infrastructure”

“Revenue in our Capital Markets segment increased 7% for the year ended December 31, 2025, driven primarily by recurring revenue which grew 6%”

“we expect to recognize an estimated pre-tax gain of $2.2 billion in the first quarter of 2026”

“We continue to monitor the potential impacts of recently enacted and potential future tariff regimes in the U.S. and internationally. As of December 31, 2025, tariffs have not had a significant impact on our financial condition or results of operations”

“through requirements established under DORA and Network and Information Security Directive 2, Directive (EU) 2022/2555, (NIS2)”

“compromises to the confidentiality, integrity or availability of our information systems or information are some of the principal operational risks we face”

“A significant portion of our revenue is derived from transaction processing fees. The global transaction processing industries depend heavily upon the overall level of consumer, business and government spending.”

“the E.U. AI Act imposes a number of requirements (some of which took effect in August 2025 and will take effect in August 2026 and August 2027)”

“if one of our clients, for which we facilitate settlement, defaults on settlement or suffers a fraudulent event due to a deficiency in their controls, then we may suffer a financial loss”

“the markets in which we compete have recently attracted increasing competition from smaller start-ups with emerging technologies”

“competitive pressures on pricing related to the decreasing number of community banks in the U.S., the development of new disruptive technologies competing with one or more of our solutions”

“Cyberattacks on information technology systems and the vendors and technological supply chain on which they rely continue to grow in frequency, complexity and sophistication, including the increasing use of AI by threat actors”

“the risk that acquired businesses, including FIS Total IssuingTM Solutions, will not be integrated successfully, will not provide the expected benefits”

“larger financial institutions resulting from consolidation may have greater leverage in negotiating terms or could decide to perform in-house some or all of the solutions that we currently provide”

“As our information technology applications and services develop, we are increasingly subject to infringement claims.”

“we could be required to release the source code of our proprietary software if we combine our proprietary software with open source software in a certain manner”

“High profile digital banking security breaches or information system failures could impact consumer payment behavior patterns in the future and reduce our transaction volumes.”