Fiserv (FI) Proxy filing summary

Executive summary

• Focused on transforming a robust financial infrastructure platform into a high-growth, client-centric company with stable, predictable revenues and large, expanding end markets amplified by AI capabilities.

• Leadership is executing the One Fiserv Action Plan, emphasizing a client-first mindset, accelerated innovation, disciplined capital allocation, and AI-driven productivity improvements.

• Medium-term (2027-2029) targets include 4-6% adjusted revenue CAGR, 37%+ adjusted operating margin, ~90% free cash flow conversion, and over $13.5B in free cash flow.

• Project Elevate, an AI-led efficiency initiative, is expected to deliver over 200bps of incremental margin by 2029.

Voting matters and shareholder proposals

• No explicit shareholder proposals or voting matters detailed in the provided content; focus is on strategic and financial outlook.

Board of directors and corporate governance

• Strong leadership team with experienced executives across technology, operations, growth, risk, and social responsibility.

• Recent leadership hires from major financial and technology firms to drive transformation and execution.