<SEC-DOCUMENT>0001193125-26-152095.txt : 20260413
<SEC-HEADER>0001193125-26-152095.hdr.sgml : 20260413
<ACCEPTANCE-DATETIME>20260413090936
ACCESSION NUMBER:		0001193125-26-152095
CONFORMED SUBMISSION TYPE:	425
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20260413
DATE AS OF CHANGE:		20260413

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VISA INC.
		CENTRAL INDEX KEY:			0001403161
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				260267673
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		425
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33977
		FILM NUMBER:		26856601

	BUSINESS ADDRESS:	
		STREET 1:		P.O. BOX 8999
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94128-8999
		BUSINESS PHONE:		650-432-3200

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 8999
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94128-8999

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Visa Inc.
		DATE OF NAME CHANGE:	20070614

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VISA INC.
		CENTRAL INDEX KEY:			0001403161
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				260267673
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		425

	BUSINESS ADDRESS:	
		STREET 1:		P.O. BOX 8999
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94128-8999
		BUSINESS PHONE:		650-432-3200

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 8999
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94128-8999

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Visa Inc.
		DATE OF NAME CHANGE:	20070614
</SEC-HEADER>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Filed by Visa Inc. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>pursuant to Rule 425 under the Securities Act of 1933, as amended </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Subject Company: Visa Inc. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Commission File <FONT STYLE="white-space:nowrap">No.:&nbsp;001-33977</FONT> </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="right">


<IMG SRC="g121811g37u54.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">News Release </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</DIV>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Visa Commences Exchange Offer for <FONT STYLE="white-space:nowrap">Class&nbsp;B-1</FONT> and <FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> Common
Stock </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</DIV>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">SAN FRANCISCO &#8211; April&nbsp;13, 2026 &#8211; Visa (NYSE: V) today commenced an Exchange Offer pursuant to which its
<FONT STYLE="white-space:nowrap">Class&nbsp;B-1</FONT> and <FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> common stock may be exchanged for a combination of Visa&#8217;s <FONT STYLE="white-space:nowrap">Class&nbsp;B-3</FONT> common stock,
Visa&#8217;s Class&nbsp;C common stock, which will be freely tradeable following temporary transfer restrictions, and, where applicable, cash consideration in lieu of fractional shares. This is the second Exchange Offer in a previously announced
program that enables Visa to permit the release of transfer restrictions on portions of Visa&#8217;s Class&nbsp;B common stock. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Exchange Offer will
expire on May&nbsp;8, 2026, at one minute after 11:59 p.m. New York City time unless extended or earlier terminated by Visa (the &#8220;Expiration Date&#8221;). Settlement of the shares will be made promptly following the Expiration Date. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Key Elements of the Exchange Offer </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In exchange for each
share of <FONT STYLE="white-space:nowrap">Class&nbsp;B-1</FONT> common stock validly tendered (and not withdrawn) and accepted by Visa, a participating <FONT STYLE="white-space:nowrap">Class&nbsp;B-1</FONT> stockholder will receive: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">one quarter of a newly issued share of <FONT STYLE="white-space:nowrap">Class&nbsp;B-3</FONT> common stock that
will be subject to the same restrictions on transfer and conversion that currently apply to <FONT STYLE="white-space:nowrap">Class&nbsp;B-1</FONT> common stock; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">newly issued shares of Class&nbsp;C common stock in an amount equivalent to one half of a share of <FONT
STYLE="white-space:nowrap">Class&nbsp;B-1</FONT> common stock and one quarter of a share of <FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> common stock, with such equivalence based on the respective amounts of Class&nbsp;A common stock into
which <FONT STYLE="white-space:nowrap">Class&nbsp;B-1,</FONT> <FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> and Class&nbsp;C common stock would be convertible as of the Expiration Date; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">any applicable cash consideration in lieu of fractional shares. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In exchange for each share of <FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> common stock validly tendered in the
<FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> Exchange (and not withdrawn) and accepted by Visa, a participating <FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> stockholder will receive: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">one half of a newly issued share of <FONT STYLE="white-space:nowrap">Class&nbsp;B-3</FONT> common stock that will
be subject to the same restrictions on transfer and conversion that currently apply to <FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> common stock; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">newly issued shares of Class&nbsp;C common stock in an amount equivalent to one half of a share of <FONT
STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> common stock, with such equivalence based on the respective amounts of Class&nbsp;A common stock into which <FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> and Class&nbsp;C common stock would
be convertible as of the Expiration Date; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">any applicable cash consideration in lieu of fractional shares. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Based on current conversion rates, each share of <FONT STYLE="white-space:nowrap">Class&nbsp;B-1</FONT> common stock accepted for exchange will be exchanged
for approximately 0.2877 shares of Class&nbsp;C common stock, and each share of <FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> common stock accepted for exchange will be exchanged for approximately 0.1884 shares of Class&nbsp;C common stock.
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>

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<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As a condition to participating in the Exchange Offer, each eligible Class&nbsp;B stockholder, together with
any of its parent guarantors, must enter into a makewhole agreement. Under this agreement, the stockholder and its parent guarantors will agree to reimburse Visa in cash for certain future obligations related to U.S. covered litigation that, but for
the stockholder&#8217;s participation in the Exchange Offer, would have otherwise been borne by such holder through its ownership of Class&nbsp;B common stock tendered in the Exchange Offer. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Visa&#8217;s <FONT STYLE="white-space:nowrap">Class&nbsp;B-1</FONT> and <FONT STYLE="white-space:nowrap">B-2</FONT> stockholders are not obligated to
participate in the Exchange Offer, and no action is required by <FONT STYLE="white-space:nowrap">Class&nbsp;B-1</FONT> or <FONT STYLE="white-space:nowrap">B-2</FONT> stockholders who do not elect to participate. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Exchange Offer is being made upon the terms and subject to the conditions set forth in the Prospectus to be filed with the SEC today. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>About Visa </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Visa&nbsp;(NYSE: V) is a world leader in
digital payments, facilitating transactions between consumers, sellers, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient,
reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement.
Learn more at <U>Visa.com</U>. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional Information and Where to Find It </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Exchange Offer is being made solely by the Prospectus. The Prospectus will contain important information about the Exchange Offer, Visa and related
matters, and Visa will cause the Prospectus to be delivered <FONT STYLE="white-space:nowrap">to&nbsp;Class&nbsp;B-1&nbsp;and</FONT> <FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> stockholders.
<FONT STYLE="white-space:nowrap">CLASS&nbsp;B-1&nbsp;AND</FONT> CLASS <FONT STYLE="white-space:nowrap">B-2</FONT> STOCKHOLDERS ARE URGED TO READ THE PROSPECTUS, THE LETTER OF TRANSMITTAL AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, WHEN THEY
BECOME AVAILABLE AND BEFORE MAKING ANY INVESTMENT DECISION, BECAUSE THEY CONTAIN IMPORTANT INFORMATION. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Visa has engaged Equiniti Trust Company, LLC and
Sodali&nbsp;&amp; Co. to act respectively as exchange agent (the &#8220;Exchange Agent&#8221;) and information agent (the &#8220;Information Agent&#8221;) for the Exchange Offer. To obtain copies of the Prospectus, the Letter of Transmittal and
other related documents, or for questions about the terms of the Exchange Offer or how to participate, you may contact the Information Agent at (800) <FONT STYLE="white-space:nowrap">662-5200&nbsp;(for</FONT> stockholders) or (203) <FONT
STYLE="white-space:nowrap">658-9400&nbsp;(for</FONT> banks and brokers). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">None of Visa, its directors, officers and employees, the Exchange Agent or the
Information Agent, any of Visa&#8217;s financial advisors nor any of their respective directors or officers makes any recommendation as to <FONT STYLE="white-space:nowrap">whether&nbsp;Class&nbsp;B-1&nbsp;or</FONT>
<FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> stockholders should participate in the Exchange Offer. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Visa will also file with the SEC a Schedule
TO, which will contain important information about the Exchange Offer. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">Class&nbsp;B-1&nbsp;and</FONT> <FONT
STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> stockholders may obtain copies of the Prospectus, the Registration Statement, the Schedule TO, the Letter of Transmittal and other related documents, and any other information that Visa files
electronically with the SEC free of charge at the SEC&#8217;s website at www.sec.gov. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">The&nbsp;Class&nbsp;B-1&nbsp;and</FONT> <FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> common stock is held
predominantly by banks, bank holding companies, credit unions and other financial institutions or affiliates of financial institutions that may be subject to comprehensive federal or state regulation and regulatory supervision. Visa has not
assessed, and can provide no assurance as to, the suitability of <FONT STYLE="white-space:nowrap">a&nbsp;Class&nbsp;B-1&nbsp;or</FONT> <FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> stockholder&#8217;s participation in the Exchange Offer,
including the requirement to enter into and perform under a makewhole agreement, under the various regulatory regimes that may apply to any <FONT STYLE="white-space:nowrap">particular&nbsp;Class&nbsp;B-1&nbsp;or</FONT>
<FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> stockholder or its parent guarantors. In addition, Visa understands that some current or <FONT STYLE="white-space:nowrap">former&nbsp;Class&nbsp;B-1&nbsp;or</FONT>
<FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> stockholders have entered into swap or other derivative contracts or transactions with other current or <FONT STYLE="white-space:nowrap">former&nbsp;Class&nbsp;B-1&nbsp;or</FONT> <FONT
STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> stockholders concerning <FONT STYLE="white-space:nowrap">the&nbsp;Class&nbsp;B-1&nbsp;or</FONT> <FONT STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> common stock. Visa is not a party to these
contracts or transactions, and Visa cannot and will not advise on the effects the Exchange Offer, including obligations under a makewhole agreement, may have on <FONT STYLE="white-space:nowrap">any&nbsp;Class&nbsp;B-1&nbsp;or</FONT> <FONT
STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> stockholder&#8217;s rights or obligations under any such swap or other derivative contract or transaction. <FONT STYLE="white-space:nowrap">Each&nbsp;Class&nbsp;B-1&nbsp;or</FONT> <FONT
STYLE="white-space:nowrap">Class&nbsp;B-2</FONT> stockholder considering whether to participate in the Exchange Offer is therefore urged to consult with its own legal and regulatory advisors. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Forward-Looking Statements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This communication contains forward-looking statements that relate to, among other things, the timing and consummation of the Exchange Offer. Forward-looking
statements generally are identified by words such as &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;estimates,&#8221; &#8220;expects,&#8221; &#8220;intends,&#8221; &#8220;may,&#8221; &#8220;projects,&#8221; &#8220;outlook,&#8221;
&#8220;could,&#8221; &#8220;should,&#8221; &#8220;will,&#8221; &#8220;continue&#8221; and other similar expressions. All statements other than statements of historical fact could be forward-looking statements, which speak only as of the date they
are made, are not guarantees of future events and are subject to certain risks, uncertainties and other factors, many of which are beyond Visa&#8217;s control and are difficult to predict. Except as required by law, Visa does not intend to update or
revise any forward-looking statements as a result of new information, future events or otherwise. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>No Offer or Solicitation </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This communication is for informational purposes only and is not intended to and does not constitute an offer to subscribe for, buy or sell, the solicitation
of an offer to subscribe for, buy or sell or an invitation to subscribe for, buy or sell any securities or the solicitation of any vote or approval in any jurisdiction pursuant to or in connection with the Exchange Offer or otherwise, nor shall
there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section&nbsp;10 of the Securities Act of
1933, as amended, and otherwise in accordance with applicable law. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Investor Relations: </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>InvestorRelations@visa.com </U></P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Media Relations: </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>Press@visa.com </U></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
