Moelis & Company (NYSE:MC) Q1 2022 Earnings Conference Call April 27, 2022 5:00 PM ET Company Participants Chett Mandel – Head-Investor Relations Joe Simon – Chief Financial Officer Ken Moelis – Chairman and Chief Executive Officer Conference Call Participants Brennan Hawken – UBS Ken Worthington – J.P. Morgan Devin Ryan – JMP Securities James Yaro – Goldman Sachs Jim Mitchell – Seaport Global Manan Gosalia – Morgan Stanley Michael Brown – KBW Operator Good afternoon, and welcome to the Moelis & Company Ear ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36418 Moelis & Company (Exact name of registrant as specified in its charter) Delaware 46-4500216 (State or other jurisdiction ...

Financial Performance - For the year ended December 31, 2021, the company earned GAAP revenues of $1,540.6 million, an increase of 63% from $943.3 million in 2020[193]. - The company reported a net income of $422.978 million for the year ended December 31, 2021, an increase of 93.5% from $218.438 million in 2020[236]. - Total operating activities generated cash inflow of $936.980 million in 2021, significantly higher than $429.215 million in 2020[236]. - Other income for 2021 was $40.4 million, significantly up from $4.4 million in 2020, driven by gains on investments[215]. Client Growth - The number of fee-paying clients increased from 316 in 2020 to 404 in 2021, with clients paying fees of $1 million or more rising from 205 to 282[205]. - The fourth quarter of 2021 marked six consecutive quarters with over 1,000 global announced transactions greater than $100 million, totaling over $1 trillion in deal values[194]. Operating Expenses - Operating expenses for 2021 were $1,044.7 million, representing 68% of revenues, down from 72% in 2020[207]. - Compensation and benefits expenses were $913.9 million, accounting for 59% of revenues, consistent with the prior year[210]. - Non-compensation expenses increased to $130.8 million, representing 8% of revenues, compared to 12% in 2020[213]. Cash and Investments - As of December 31, 2021, the company had cash equivalents of $385.0 million and cash of $135.2 million, compared to $119.0 million and $83.5 million, respectively, as of December 31, 2020[220]. - Cash, cash equivalents, and restricted cash increased to $521.0 million as of December 31, 2021, up from $203.3 million in 2020[237]. - The company maintains a $65.0 million revolving credit facility, with no borrowings under the facility as of December 31, 2021[224]. Shareholder Returns - The company repurchased 1,914,097 shares in 2021, with an additional $100 million authorized for share repurchase in July 2021[228]. - The company declared a dividend of $0.60 per share to be paid on March 28, 2022, following total dividends of $6.80 per share in 2021[227]. Taxation - The company's provision for income taxes was $113.3 million for 2021, with an effective tax rate of 21%, compared to $51.7 million and 19% in 2020[217]. - No unrecognized tax benefits were recorded for the years ended December 31, 2021, and 2020[257]. - Deferred tax assets are reduced by a valuation allowance if it is more likely than not that some portion will not be realized[256]. Revenue Recognition - The Company earns most of its revenues from advisory services related to mergers and acquisitions, recapitalizations, restructurings, and capital markets transactions[247]. - The majority of advisory services revenue is recognized over time, with performance obligations fulfilled and collection reasonably assured[248]. - Transaction fees are variable and recognized only when substantially all services are provided and conditions are met, ensuring no significant revenue reversal occurs[249]. - Fairness opinion fees are fixed and recognized at a point in time upon formal completion of the engagement[250]. - Incremental costs of obtaining contracts are expensed as incurred, with typical advisory contracts lasting less than one year[251]. Risk Management - The Company maintains an allowance for credit losses based on the aging of receivables and current economic conditions[254]. - The net impact of foreign currency fluctuations resulted in a loss of $0.4 million in 2021, compared to a loss of $2.0 million in 2020[244]. Accounting Developments - Recent accounting developments may impact the consolidated financial statements, as discussed in Note 3 of the consolidated financial statements[258].

MOELIS & COMPANY February 2022 Forward Looking Statements This presentation contains forward-looking statements, which reflect the Firm's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "target," "approximately," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version ...

Moelis & Company (NYSE:MC) Q4 2021 Earnings Conference Call February 9, 2022 5:00 PM ET Company Participants Chett Mandel - Head, IR Joe Simon - CFO Ken Moelis - Chairman and CEO Conference Call Participants Ken Worthington - JPMorgan Brendan O'Brien - Wolfe Research Brennan Hawken - UBS Manan Gosalia - Morgan Stanley Devin Ryan - JMP Securities James Yaro - Goldman Sachs Michael Brown - KBW Operator Good afternoon and welcome to the Moelis & Company Earnings Conference Call for the Fourth Quarter of 2021. ...

Moelis & Company (NYSE:MC) Q3 2021 Earnings Conference Call October 27, 2021 5:00 PM ET Company Participants Chett Mandel – Head-Investor Relations Joe Simon – Chief Financial Officer Ken Moelis – Chairman and Chief Executive Officer Conference Call Participants Devin Ryan – JMP Securities Manan Gosalia – Morgan Stanley Richard Ramsden – Goldman Sachs Ken Worthington – JPMorgan Brennan Hawken – UBS Jim Mitchell – Seaport Research Michael Brown – KBW Steven Chubak – Wolfe Research Jeff Harte – Piper Sandler ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36418 Moelis & Company (Exact name of registrant as specified in its charter) Delaware 46-4500216 (State or other jurisdict ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36418 Moelis & Company (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or o ...

Moelis & Company (NYSE:MC) Q2 2021 Results Conference Call July 21, 2021 5:00 PM ET Company Participants Chett Mandel - Head of Investor Relations Ken Moelis - Chairman and CEO Joe Simon - Chief Financial Officer Conference Call Participants Devin Ryan - JMP Securities Ken Worthington - JPMorgan Richard Ramsden - Goldman Sachs Brendan O'Brien - Wolfe Research Manan Gosalia - Morgan Stanley Michael Brown - KBW Brennan Hawken - UBS Jeffery Harte - Piper Sandler Operator Good afternoon, and welcome to the M ...

MOELIS & COMPANY April 2021 Forward Looking Statements This presentation contains forward-looking statements, which reflect the Firm's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "target," "approximately," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of ...