Anja Soderstrom

Rod Bourgeois

Arun Seshadri

Joseph Vafi

Kellen D'Alleva

- Unisys's **ClearPath Forward** ecosystem is a key solution, representing approximately **20% of Unisys's annual revenue**.  **[0000746838_2174305_2]** 
- The ClearPath Forward business has demonstrated **increased consumption volumes** and **pricing power**, with client renewal rates exceeding **95%**.  **[0000746838_2174305_14]** 
- The revenue for ClearPath Forward has seen a **continual increase**, with the three-year average moving from $365 million to **$400 million**.  **[0000746838_2174305_14]** 
- Unisys is committed to evolving ClearPath Forward by investing in **AI, quantum computing-resistant security capabilities**, and **high-performance computing** to meet future demands.  **[0000746838_2174305_2]** **[0000746838_2174305_6]** **[0000746838_2174305_17]**

Unisys Highlights ClearPath Forward Ecosystem's Strategic Role and Growth

- Unisys's **ClearPath Forward (CPF)** is a modern mainframe ecosystem designed for **secure, scalable operating systems** and mission-critical workloads, offering deployment options across on-premise, private, and public clouds like AWS and Azure.  **[0000746838_2173533:7]** **[0000746838_2173533:8]** **[0000746838_2173533:10]** 
- The CPF portfolio includes **value-added solutions** such as ePortal, DataExchange, and AB Suite, alongside comprehensive **professional and managed services** for optimal results.  **[0000746838_2173533:8]** **[0000746838_2173533:11]** **[0000746838_2173533:12]** 
- Mainframes, including CPF, are critical for global transactions, with **over 70% of Fortune 500 companies** and **90%+ of Fortune 500 Financial Institutions** operating on them, and are projected to see a **30% increase in end users by 2030**.  **[0000746838_2173533:14]** 
- Unisys has a **ClearPath 2050 Commitment** and a long-term roadmap focused on continuous innovation, integrating **AI, post-quantum security**, and dynamic deployment to ensure future relevance and growth.  **[0000746838_2173533:14]** **[0000746838_2173533:15]** **[0000746838_2173533:21]**

Unisys Details ClearPath Forward Modern Mainframe Ecosystem and Future Roadmap

- **Unisys** (NYSE: UIS) has been selected by the European Commission (EC) to play a key role in its **Cybersecurity Professional Services Framework Contract (FREIA)**.  **[746838_20251009PH93725:0]** 
- Unisys will lead the **EUCybersafe Consortium**, which also includes Uni Systems and Wavestone, to deliver critical cybersecurity operations to public institutions across the European Union (EU).  **[746838_20251009PH93725:0]** 
- This **four-year contract** will provide essential services, such as risk management, secure architecture design, incident response, and threat intelligence, for **71 EU institutions and agencies**.  **[746838_20251009PH93725:0]** 
- Unisys will specifically provide solutions including Continuous Threat Exposure Management, Managed Detection and Response, and Cyber Recovery.  **[746838_20251009PH93725:0]**

Unisys-Led Consortium Awarded European Commission Cybersecurity Contract

- Unisys Corporation is hosting a conference call on **October 9, 2025**, to educate investors about its **ClearPath Forward® (CPF) ecosystem**, which is presented as a modern mainframe solution with advanced features like cloud integration, strong security, and AI capabilities.  **[746838_0000746838-25-000025_uis-20251008.htm:1]** **[746838_0000746838-25-000025_ex-991.htm:3]** 
- The CPF ecosystem is positioned as a mission-critical platform, with mainframes used by over **70% of Fortune 500 companies** and over **90% of Fortune 500 Financial Institutions**, supporting **95% of worldwide non-cash transactions**.  **[746838_0000746838-25-000025_ex-991.htm:6]** 
- Unisys's Enterprise Computing Solutions (ECS) segment, which includes CPF, generated **$628 million** in revenue in **2024**, with **69%** from License and Support (L&S).  **[746838_0000746838-25-000025_ex-991.htm:9]**  The L&S portion maintains an average gross margin of approximately **70%** and an annual client retention rate of approximately **95%**.  **[746838_0000746838-25-000025_ex-991.htm:9]** 
- The company reported total revenue of **$432.1 million** for Q1 2025 and **$483.3 million** for Q2 2025.  **[746838_0000746838-25-000025_ex-991.htm:9]** 
- The CPF 2050 roadmap outlines future capabilities including AI-driven operations, quantum-safe security, and dynamic deployment, aiming for long-term growth and strategic relevance.  **[746838_0000746838-25-000025_ex-991.htm:6]** **[746838_0000746838-25-000025_ex-991.htm:8]**

Unisys to Host Investor Call on ClearPath Forward Ecosystem

- **Umony**, an AI-powered Financial Services Communications Compliance platform, announced the formation of a **world-class advisory board**.  **[746838_ff634b3851c34209aa0c89f2ed7e0eba_0]** 
- The new advisory board includes influential figures such as **Tracey McDermott**, former Chief Executive of the UK Financial Conduct Authority, and **Dr. Thomas Wolf**, co-founder of Hugging Face.  **[746838_ff634b3851c34209aa0c89f2ed7e0eba_0]** 
- The announcement coincides with the close of a **$15 million Series A funding round** led by **Notion Capital**.  **[746838_ff634b3851c34209aa0c89f2ed7e0eba_0]** **[746838_ff634b3851c34209aa0c89f2ed7e0eba_1]** 
- This funding will be used to accelerate Umony’s expansion, grow its engineering and AI research teams, and scale customer acquisition globally.  **[746838_ff634b3851c34209aa0c89f2ed7e0eba_1]**

Umony Forms Advisory Board and Secures Series A Funding

- Unisys has transferred approximately **$320 million** of its U.S. defined benefit pension obligations to F&G Annuities & Life, Inc. through the purchase of group annuity contracts.  **[746838_20250929PH85949:0]** 
- This transaction shifts responsibility for pension benefits for approximately **3,150 retirees** and beneficiaries to F&G.  **[746838_20250929PH85949:0]** 
- The company anticipates a **third-quarter 2025** one-time, non-cash, pre-tax settlement charge of approximately **$228 million** as a result of this action.  **[746838_20250929PH85949:0]** 
- This transfer is the first step in Unisys' plan to reduce approximately **$600 million** of U.S. qualified defined benefit pension plan liabilities by the end of **2026**.  **[746838_20250929PH85949:0]** 
- The purchase, made by the pension trust, will have **no impact on Unisys' cash position**.  **[746838_20250929PH85949:0]**

Unisys transfers $320 million in U.S. pension obligations to F&G

- Unisys reported approximately **$2 billion in revenue**, just under **$300 million in adjusted EBITDA**, and over **$50 million in free cash flow for 2024**.  **[746838_tx_375164_1]** 
- In June, Unisys issued **$700 million in senior secured notes** and contributed **$250 million to pension plans**, reducing the U.S. defined benefit pension deficit from **$500 million to $250 million**.  **[746838_tx_375164_6]** 
- These pension actions are projected to yield a **$70 million benefit to cash flows over five years** and aim to terminate the pension plan within **three to five years**.  **[746838_tx_375164_7]** 
- The company targets **150 basis points of annual gross margin expansion** in its XLNS solutions, building on **600 basis points of expansion since 2022**, and has reduced its SG&A base by **$30 million to $40 million**.  **[746838_tx_375164_4]** 
- Unisys projects future free cash flows of **$130 million to $140 million** on **$300 million of EBITDA** six years out, with current pre-pension free cash flow at **$110 million**.  **[746838_tx_375164_10]**

UNISYS (UIS)