Visa settles B-1/B-2 exchange; $17.4B interchange at issue in US litigation

VISA INC.

• Settlement of exchange offer for all outstanding Class B-1 and B-2 common stock; holders received Class B-3 and Class C common stock.
• Entered into makewhole agreements obligating holders to reimburse Visa for certain litigation escrow deposits after depletion of B-3 stock value.
• Staged transfer of Class C stock: up to one-third before June 25, 2026; up to two-thirds before August 9, 2026.
• Estimated interchange reimbursement fees at issue in unresolved U.S. covered litigation claims: $17.4B as of May 11, 2026.
• $17.4B excludes certain indirect purchaser class actions and opt-outs.

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