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Fourth Quarter 2017 Earnings Jeff Jacobson, CEO Bill Osbourn, CFOJanuary 31, 2018 http://www.xerox.com/investor
Fourth Quarter 2017 Earnings
Bill Osbourn, CFOJanuary 31, 2018
http://www.xerox.com/investorThis presentation, and other written or oral statements made from time to time by management, contain “forward -looking statements” as defined in the Private Securities Litigation
Reform Act of 1995. The words “anticipate”, “believe”, “estimate”, “expect”, “intend”, “will”, “should” and similar expressio ns,as they relate to us, are intended to identify forward -looking
statements. These statements reflect management’s current beliefs, assumptions and expectations and are subject to a number o f factors that may cause actual results to differ
materially. Such factors include but are not limited to: our ability to address our business challenges in order to reverse r evenue declines, reduce costs and increase productivity so that
we can invest in and grow our business; changes in economic and political conditions, trade protection measures, licensing re quirements and tax laws in the United States and in the
foreign countries in which we do business; changes in foreign currency exchange rates; our ability to successfully develop ne w products, technologies and service offerings and to
protect our intellectual property rights; the risk that multi -year contracts with governmental entities could be terminated prio r to the end of the contract term and that civil or criminal
penalties and administrative sanctions could be imposed on us if we fail to comply with the terms of such contracts and appli cable law; the risk that partners, subcontractors and software
vendors will not perform in a timely, quality manner; actions of competitors and our ability to promptly and effectively reac t to changing technologies and customer expectations; our
ability to obtain adequate pricing for our products and services and to maintain and improve cost efficiency of operations, i ncluding savings from restructuring actions; the risk that
individually identifiable information of customers, clients and employees could be inadvertently disclosed or disclosed as a result of a breach of our security systems; reliance on third
parties, including subcontractors, for manufacturing of products and provision of services; our ability to manage changes in theprinting environment and expand equipment placements;
interest rates, cost of borrowing and access to credit markets; funding requirements associated with our employee pension and retiree health benefit plans; the risk that our operations
and products may not comply with applicable worldwide regulatory requirements, particularly environmental regulations and dir ectives and anti -corruption laws; the outcome of litigation
and regulatory proceedings to which we may be a party; the risk that we do not realize all of the expected strategic and fina ncial benefits from the separation and spin -off of our Business
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