2022 ANNUAL REPORT Igniting Global Commerce

2022 ANNUAL REPORT

Igniting Global

Commerce

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Dun & Bradstreet was built on a solid foundation that has sustained our business for

generations. We are proud to meet the needs of more than 240,000 organizations,

including some of the largest companies in the world, as well as governments and small

businesses. Our trusted data and insights help organizations make mission-critical

decisions, and we are among those rarefied businesses that have spanned centuries.

Year in Review

Financial

Performance

Simplifying & Scaling

Technology

Expanding & Enhancing

our Data & Analytics

$2.2B

30%

+508M

39%

10X

64%

IN REVENUE

ADJUSTED

EBITDA MARGIN

4X

NET LEVER AGE

SIMPLIFIED DATA SUPPLY

CHAIN COMPLE XIT Y

INCRE A SE IN DATA

THROUGHPUT

100B

DATA RECORDS

PROCESSED DAILY

TOTAL ORGANIZ ATIONS

IN DATA CLOUD

MORE ANALY TIC S, THE

MA JORIT Y DRIVEN BY

ARTIFICIAL INTELLIGENCE

AND MACHINE LE ARNING

8X

IMPROVEMENT OF

CONTAC T DATA COVER AGE

Dun & Bradstreet 2022 Annual Report

Developing Innovative

Solutions

Clients at

the Core

100

~240K

15%

93%

VITALIT Y INDE X

OF CLIENTS ARE

FORTUNE 50 0

20K

96%

NEW SOLUTIONS

L AUNCHED GLOBALLY

CLIENTS MIGR ATED TO

MODERN SOLUTIONS

GLOBAL CLIENTS

CLIENT REVENUE

RETENTION

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To Our Valued Shareholders:

At Dun & Bradstreet, our mission is to build a global network of trust that enables our

clients to transform uncertainty into confidence, risk into opportunity and potential into

prosperity. As the world faced geopolitical unrest and economic challenges in 2022,

our team members leaned into our mission, innovating solutions to help our clients

confidently conduct business around the world.

Our products support our clients¡¯ mission critical business operations by providing them

with propriety and curated data, along with meaningful analytics to help drive informed

decisions and improved outcomes. For us, everything we do starts with the D-U-N-S?

Number, which is the foundation of our Dun & Bradstreet Data Cloud, used to identify

508 million and growing public and private businesses worldwide. We observe this vast

network of businesses to fuel the scores, indices and solutions our clients use every day

to gain a holistic view of an enterprise¡¯s financial health and identify opportunity.

Today, we believe our Data Cloud processing power is unparalleled thanks to significant

investments made to transform and strengthen our core operations over the last

few years. In a short period of time, we have taken a company that was stagnant and

underinvested through a dramatic change. We are proud to share these results that

indicate our strong momentum during 2022:

William P. Foley, II

Chairman of the Board

? We simplified our data supply chain by 30%, which in turn, increased data throughput

by as much as ten times across hundreds of our products. We continue to expand and

enhance our data and analytics, growing our business coverage by 40% and improving

our contact data coverage by 8 times. We added 64% more analytical solutions,

evolving our scores and indices to leverage machine learning (ML) and artificial

intelligence (AI) capabilities.

? Our Finance & Risk solutions continued to be a primary driver of growth as our clients

focused their efforts on leveraging our high-quality data and analytics during periods

of heightened risk and uncertainty. One such area is supplier intelligence. We have

mapped 20% of all supplier connections between customers and their suppliers

globally, showing 68 million verified relationships. We believe that no other company

has anything close to this level of insight and we intend to continue to drive our

leadership to guide businesses in making more informed and real time decisions

on who they do business with and whether they should continue doing business

with them.

? Throughout 2022, we also introduced a comprehensive Risk Analytics suite to provide

our clients with an end-to-end platform for full risk assessment, underwriting and

portfolio monitoring. The platform includes a new set of fraud capabilities that helps

companies to prevent occurrences of business identity theft and synthetic fraud, as

well as Environmental, Social and Governance (ESG) capabilities that today includes

coverage of 74 million public and private companies in 185 countries. In conjunction

with this report, we are publishing Dun & Bradstreet¡¯s ESG Report that includes

information about our continued focus on building on our company¡¯s ESG capabilities

and priorities.

? On the Sales & Marketing side, we saw strong growth in our Master Data Management

solutions. Our D&B Connect platform, which helps clients to connect to the Dun &

Bradstreet Data Cloud to clean, consolidate and enrich their data, was expanded last

fall with the launch of D&B Connect Manage. This new product layers advanced AI

and ML to automatically create trusted ¡°golden records¡± using predictive analytics,

helping to strengthen an organizations¡¯ strategy, drive innovation and improve

customer engagement.

Dun & Bradstreet 2022 Annual Report

Anthony M. Jabbour

Chief Executive Officer

? With large businesses looking to tighten lending standards and make better credit and underwriting

decisions, small businesses are on the other side of the equation. There is a massive opportunity

to facilitate increased ability to access capital for the more than 10 million small businesses (SMBs)

in North America, whether they are a newly formed company or one that¡¯s growing and thriving. In

the third quarter, we introduced a new SMB Business Launch offering that helps new, pre-revenue

businesses establish positive reputations, legitimacy and an operational foundation themselves by

utilizing a combination of our existing products and our new D-U-N-S Registered Seal.

? Armed with a strengthened data portfolio and more powerful technology, we were able to bring new

innovations to market and find new ways to help our clients. Our shift towards innovation drove the

development of 100 new Dun & Bradstreet products in 2022, ranging from brand new solutions in

North America, to localized offerings in Asia, Europe, India and the United Kingdom. As a result, our

Vitality Index, which measures new product revenue, rose to 15%, up from 8% last year. Fueled by

technology and product investments, we successfully migrated nearly 20,000 clients across North

America and Europe from legacy apps to D&B Finance Analytics, our newest global AI-driven platform

that helps finance teams manage risk, increase operational efficiency, reduce cost, and more.

These accomplishments demonstrate that the more data we bring into the Dun & Bradstreet Data Cloud,

the more rapidly our team can drive actionable insights and innovations for our clients. We continue to

work side by side with our clients, to understand their pain points and help them to act on opportunities

through solutions that help them navigate the fast-changing business environment. We saw 60% growth

year-over-year in contracts with terms of 4 years or longer, which we believe demonstrates the trust and

confidence our clients have in Dun & Bradstreet. Further, our client retention rate of 96% is an indication

of the value we add and the reliance clients place on our solutions. We are proud that our clients are

taking notice of the ¡°new Dun & Bradstreet¡± created by our transformation strategy and the hard work of

our team members.

In 2022, we stayed focused on our mission and performed at a very high level despite a challenging

market environment. Dun & Bradstreet¡¯s full-year adjusted revenues were $2.2 billion, a 6% increase

on a constant currency basis over 2021. Earnings before interest, taxes, depreciation, and amortization

(EBITDA) was $863.5 million, an increase of 2% versus prior year despite a $15 million negative impact

from the strengthening of the US dollar.

As we look towards the future, we are excited about what lies ahead. We believe that macro trends such

as ongoing digital transformation, pervasive supply chain disruption, dramatic growth in regulatory and

privacy considerations, and increasing focus on ESG are here to stay. These trends present us with a

nearly $90 billion total addressable market and present our clients with new problems to solve.

Knowing what data to trust and having the right tools to make data actionable is what drives our clients¡¯

competitive edge, especially in changing times. We see it as our duty to excel at delivering both the data

and the tools to help organizations realize success during all phases of a business¡¯ lifecycle and in any

economic environment.

Today, we believe Dun & Bradstreet is stronger than we have been in a decade, and we continue to

execute on our vision and strategy. We are delivering on the things we said we would to drive significant

operational efficiency gains. We have a strong technology foundation that enables us to continually

expand our Data Cloud so that we ingest and curate data once and innovate many solutions. We are

proud to serve our client base of more than 240,000 businesses of all sizes and geographies and look

forward to continuing to deepen our relationships with them. We will continue to navigate 2023 as we

do every year, guided by our vision, focused on the priorities necessary to deliver for our clients and

shareholders, and committed to providing rewarding opportunities to our team members.

We appreciate everyone who has contributed to our success thus far, and we have great confidence with

what lies ahead for Dun & Bradstreet as we continue to help ignite commerce across the globe.

Sincerely,

William P. Foley, II

Executive Chairman

Anthony M. Jabbour

Chief Executive Officer

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