Visa Investor Presentation — October 2021

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Fiscal Fourth Quarter 2021

Financial ResultsVisa Inc.

October 26, 2021©2021 Visa. All rights reserved. 1 Fiscal Fourth Quarter 2021 Financial ResultsFiscal Fourth Quarter 2021 Results

YoY Increase / (Decrease)Net

RevenuesClient Incentives

Gross RevenuesOperating

Expense sEffective Income

Tax RateDiluted Class A

GAAP Nominal -Dollar Basis

29%* 26.7%15% 16.6% 70%

Non-GAAP Nominal -Dollar Basis(1) 15% 16.5% 44%

Foreign Currency Impact (~0.5%) ~0.5% (~0.5%)

Acquisition Impact ~0% 0% ~0% 0% ~0%

Adjusted Constant -Dollar Basis(2) 28% 26.7% 15% 16.5% 44%

(1)Non-GAAP results exclude special items, equity investment gains and losses, amortization of acquired intangible assets for acquisitions in fiscal year 2019 and

subsequent periods, non -recurring acquisition -related costs and the related tax impacts.

(2)Adjusted financial results are on a constant-dollar basis and exclude the impact of the non -GAAP items and operating revenues an d expenses of the acquired

entities that were not in the entire quarter of the previous year and the incremental interest expense or forgone interest in come as a result of funding the

acquisition through debt or cash, respectively.

Note: Refer to Non -GAAP and Adjusted Constant -Dollar Results Footnote for further information. Had we recognized service revenues on current quarter ’spayments volume and other revenue components remained unchanged, net revenues would have

increased approximately 22%.*©2021 Visa. All rights reserved. 2 Fiscal Fourth Quarter 2021 Financial ResultsWe consider non -GAAP measures useful to investors because they provide greater transparency into management ´s view and assessment of