Mastercard Incorporated First Quarter 2025 Financial Results Conference Call May 1, 2025 Business Update Business Highlights Financial Overview May 1, 2025 2 ©2025 Mastercard Michael Miebach: 1st Quarter Selected Financial Performance (inmillions,exceptpersharedata)∣∣1Q25∣∣1Q24∣∣YOYGrowth∣∣∣−−−∣−−−∣−−−∣−−−∣−−−∣−−−∣−−−∣∣∣Non−GAAP∣∣Non−GAAP∣∣Asadjusted∣Currency−neutral∣∣Netrevenue∣ | 7,250 | $ | 6,348 | 14% | 17% | | Adjusted operating expenses | | 2,950 ...