efx-20210630.htm

EQUIFAX 2005 EXECUTIVE DEFERRED COMPENSATION PLAN

(As Amended and Restated Effective January 1, 2015)

THIS AMENDMENT is made as of this 5th day of May, 2021 by Equifax Inc. (the “Company”);

WHEREAS, the Company maintains the Equifax 2005 Executive Deferred Compensation Plan, as amended and restated as of January 1, 2015, and as further amended on June 30, 2016, February 16, 2018 and November 4, 2020 (the “Plan”);

WHEREAS, the Company maintains a supplemental retirement contributions program (the “SCP”) for senior executive officers, which is a component of the Plan; and

WHEREAS, the Company desires to amend the SCP component of the Plan (i) to modify the retirement age and payment eligibility date under the SCP to align the SCP with certain other Company benefits plans, including the Plan and the Company’s annual incentive plan, and (ii) to modify the earnings definition in the SCP to align the SCP with the Company’s annual incentive plan and 401(k) plan.

NOW, THEREFORE, the Plan is hereby amended, effective as of May 5, 2021, as follows:

Appendix Section A.1 is deleted in its entirety and the following substituted therefor:

A.1. Supplemental Retirement Contributions. Unless otherwise determined by the Employer (for any Plan Year or from time to time), the annual Supplemental Retirement Contribution for a designated Eligible Executive will be equal to ten percent (10%) of the sum of (i) the Base Salary paid to the Eligible Executive during the Plan Year and (ii) the Bonus earned by the Eligible Executive for the Plan Year. If an Eligible Executive becomes or ceases to be eligible to receive Supplemental Retirement Contributions during a Plan Year, the Supplemental Retirement Contributions will be based only on the Base Salary paid and Bonus earned while the Eligible Executive was eligible to receive Supplemental Retirement Contributions. The Employer shall have full discretion in determining the amount of Base Salary paid and Bonus earned for any period. The Supplemental Retirement Contribution for a Plan Year will be credited to the Participant’s Supplemental Retirement Contribution Account at such time after the end of the Plan Year as may be determined by the Employer. To be eligible to receive the Supplemental Retirement Contribution for a Plan Year, the Participant must be actively employed on the funding date of the Supplemental Retirement Contribution for such Plan Year, provided that if a Participant terminates employment prior to the funding date for such Plan Year as a result of death, Disability or after qualifying for Retirement, the Participant will receive a Supplemental Retirement Contribution for such Plan Year based upon the Participant’s Base Salary paid and any Bonus earned prior to the date of the Participant’s Termination of Employment. Earnings on the Participant’s Supplemental Retirement Contribution Account shall be determined in accordance with Section 3.2.

Appendix Section A.3(ii) is deleted in its entirety and the following substituted therefor:

(ii) In lieu of Section 4.1, the following provision shall apply to the Participant’s Supplemental Retirement Contribution Account: Upon a Participant’s Termination of Employment (A) after the Participant has attained age 55 or, (B) for Participants who commenced employment and first became eligible to participate in the Supplemental Retirement Contribution portion of the Plan on or after May 5, 2021, after the Participant has attained age 60 and has completed at least five (5) Years of Vesting Service, vested amounts credited to the Participant’s Supplemental Retirement Contribution Account shall be paid in a single lump sum unless the Participant has elected within 30 days of becoming eligible to participate in the Supplemental Retirement Contribution portion of the Plan (or such other time period as provided by the Administrator in accordance with Section 409A) to have such Supplemental Retirement Contribution Account paid in substantially level annual installments over a specified period of not more than fifteen (15) years. Payments shall begin on the Settlement Date following the Participant’s Termination of Employment. Any reference in the Plan to making payments or paying Retirement benefits in accordance with Section 4.1 shall mean payment in accordance with this Section A.3(ii) for the Supplemental Retirement Contribution Account.

Appendix Section A.3(iii) is deleted in its entirety and the following substituted therefor:

(iii) In lieu of Section 4.2, the following Termination Benefit provision shall apply: If the Participant’s Termination of Employment for any reason other than death or Disability occurs prior to (A) the Participant attaining age 55 or, (B) for Participants who commenced employment and first became eligible to participate in the Supplemental Retirement Contribution portion of the Plan on or after May 5, 2021, the Participant attaining age 60 with the completion of at least five (5) Years of Vesting Service, the Participant’s vested Supplemental Retirement Contribution Account shall remain credited to the Participant in the Plan (with notional earnings as provided in Article 3 through the Valuation Date) and shall be payable in a lump sum on the Settlement Date following (1) the date the Participant attains age 55 or, (2) for Participants who commenced employment and first became eligible to participate in the Supplemental Retirement Contribution portion of the Plan on or after May 5, 2021, the Participant’s Termination of Employment.

This Amendment No. 4 shall be effective as of May 5, 2021. Except as hereby modified, the Plan shall remain in full force and effect.

IN WITNESS WHEREOF, the Company has executed this Amendment No. 4 as of the date first written above.


						EQUIFAX INC.

			By:			/s/ Carla J. Chaney
			Name:			Carla J. Chaney
			Title:			Corporate Vice President and
						Chief Human Resources Office

I, Mark W. Begor, certify that:


1	I have reviewed this quarterly report on Form 10-Q of Equifax Inc.;
2	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4	The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15(d)-15(f)) for the registrant and have:
	a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5	The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
	b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.


Date:	July 22, 2021	/s/ Mark W. Begor
		Mark W. Begor
		Chief Executive Officer

I, John W. Gamble, Jr., certify that:


1	I have reviewed this quarterly report on Form 10-Q of Equifax Inc.;
2	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4	The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15(d)-15(f)) for the registrant and have:
	a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5	The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
	b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.


Date:	July 22, 2021	/s/ John W. Gamble, Jr.
		John W. Gamble, Jr.
		Chief Financial Officer

CERTIFICATION PURSUANT TO

18 U. S. C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Equifax Inc. (the “Company”) on Form 10-Q for the period ended June 30, 2021, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Mark W. Begor, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.


Date:	July 22, 2021	/s/ Mark W. Begor
		Mark W. Begor
		Chief Executive Officer