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Thomson Reuters Corp - Announcement of full year/4th quarter financial results Two-Year Change Program Announced Big 3 revenues up 4%; organic revenues up 5% IFRS operating profit up 343% Adjusted EBITDA up 33%; adjusted EBITDA margin of 32.5% Accelerating to 3.0: Two Powerful Levers to Drive Both Growth & Efficiencies Holding Company to Operating Company Content Provider to Content-Driven Technology Company 2021-2023 Outlook Provided Adjusted EBITDA margin of 38% - 40% in 2023 Free cash flow of $1.8 billion - $2.0 billion in 2023 Investment of $500 million - $600 million (2021 & 2022) TORONTO, Feb. 23, 2021 /PRNewswire/ Thomson Reuters (TSX/NYSE: TRI) today reported results for the fourth quarter and full year ended December 31, 2020. The company also announced a two-year Change Program, provided a financial outlook for the next three years and announced a $0.10 increase in its annualized common share dividend.

City ofUnited kingdomSteve haskerMelissa cassarThomson reutersHead of commercial communications corporate affairsHolding company to operatingYear change programWoodbridge companyTechnology companyThomson reuters founders share companyComputer softwareThomson reuters corporationInternational accounting standards boardInternational financial reporting standardsProgram capital