Stagwell Inc. (NASDAQ:STGW) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET Company Participants Michaela Pewarski - IR Mark Penn - Chairman & CEO Frank Lanuto - CFO Michaela Pewarski Good morning, everyone. Welcome to the Stagwell Inc. webcast for the second quarter of 2022. On today's webcast, Mark Penn, Chairman and Chief Executive Officer, will first provide an overview of Stagwell's second quarter, followed by a full review of the financial results from our Chief Financial Officer, Frank Lan ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 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: 001-13718 Stagwell Inc. (Exact name of registrant as specified in its charter) Delaware 86-1390 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ 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: 001-13718 Stagwell Inc. (Exact name of registrant as specified in its charter) Delaware 86-139 ...

Stagwell Inc. (NASDAQ:STGW) Q1 2022 Earnings Conference Call May 6, 2022 8:30 AM ET Company Participants Michaela Pewarski - IR Mark Penn - Chairman & CEO Frank Lanuto - CFO Conference Call Participants Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear. The machine-assisted output provided is partly edited and is designed as a gu ...

STAGWELL TRANSFORMING MARKETING First Quarter 2022 EARNINGS PRESENTATION MAY 6 | 2022 FORWARD LOOKING INFORMATION & OTHER INFORMATION 2 This presentation contains forward-looking statements. Statements in this presentation that are not historical facts, including without limitation the information under the heading "Financial Outlook" and statements about the Company's beliefs and expectations, earnings (loss) guidance, recent business and economic trends, potential acquisitions, and estimates of amounts fo ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 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: 001-13718 Stagwell Inc. (Exact name of registrant as specified in its charter) Delaware 86-1390679 ...

STAGWELL TRANSFORMING MARKETING Fourth Quarter & Full Year 2021 EARNINGS PRESENTATION MARCH 8 | 2022 FORWARD LOOKING INFORMATION & OTHER INFORMATION This presentation contains forward-looking statements. Statements in this presentation that are not historical facts, including without limitation the information under the heading "Financial Outlook" and statements about the Company's beliefs and expectations, earnings (loss) guidance, recent business and economic trends, potential acquisitions, and estimates ...

Stagwell Inc. (NASDAQ:STGW) Q4 2021 Earnings Conference Call March 8, 2022 8:30 AM ET Company Participants Michaela Pewarski - Investor Relations Mark Penn - Chairman and Chief Executive Officer Frank Lanuto - Chief Financial Officer Michaela Pewarski Good morning, everyone. Welcome to the Stagwell Inc. Webcast for the Fourth Quarter and Full Year 2021. On today’s webcast, Mark Penn, Chairman and Chief Executive Officer, will first provide an overview of Stagwell’s full year results, followed by a review of ...

Acquisition and Corporate Structure - The company completed the acquisition of MDC Partners Inc. on August 2, 2021, resulting in MDC becoming a wholly owned subsidiary and changing its name to Midas OpCo Holdings LLC[224]. - The company entered into an agreement on October 1, 2021, to purchase the remaining 26.7% interest in Targeted Victory for a total purchase price capped at $135 million[229]. - The acquisition of MDC contributed to higher revenue and expenses, impacting both adjusted EBITDA and operating income[287]. Financial Performance - The company reported that revenue growth is analyzed by geographic location, client industry vertical, and new client additions, among other factors[227]. - Total revenue for the three months ended September 30, 2021, was $466.6 million, an increase of $238.5 million or 104.6% compared to $228.1 million for the same period in 2020[246]. - Adjusted EBITDA for the three months ended September 30, 2021, was $87.5 million, representing an increase of $50.4 million from $37.1 million in the same period in 2020[251]. - Operating loss for the three months ended September 30, 2021, was $19.6 million, a decrease of $46.1 million compared to operating income of $26.4 million for the same period in 2020[250]. - Net loss attributable to Stagwell Inc. common shareholders for the three months ended September 30, 2021, was $2.1 million, compared to net income of $17.8 million for the same period in 2020[259]. - Adjusted EBITDA for the nine months ended September 30, 2021, was $150.1 million, representing an increase of $71.1 million or 90.0% compared to $79.0 million for the same period in 2020[287]. - Operating income for the nine months ended September 30, 2021, was $10.8 million, a decrease of $34.1 million or 75.9% compared to $44.9 million for the same period in 2020, primarily due to increased operating expenses[286]. - Total revenue for the nine months ended September 30, 2021, was $857.4 million, an increase of $282.5 million or 49.1% compared to $575.0 million for the same period in 2020[283]. Revenue Segmentation - The company has three reportable segments: Integrated Agencies Network, Media Network, and Communications Network[238]. - Revenue from the Integrated Agencies Network was $288.5 million for the three months ended September 30, 2021, compared to $55.3 million for the same period in 2020, reflecting a significant increase[246]. - Media Network revenue was $103.4 million for the three months ended September 30, 2021, a 70.2% increase from $60.8 million in 2020[267]. - Communications Network revenue decreased to $67.3 million for the three months ended September 30, 2021, down $39.6 million or 37.0% from $106.9 million in 2020[272]. - The Media Network segment reported revenue of $235.54 million for the nine months ended September 30, 2021, an increase of $49.83 million or 26.8% compared to $185.71 million in the same period in 2020[303]. Operating Expenses and Costs - The increase in expenses was driven by the acquisition of MDC, with stock-based compensation expenses rising significantly due to awards related to this acquisition[263]. - Operating expenses for the nine months ended September 30, 2021, totaled $846.6 million, an increase of $316.5 million or 59.7% compared to $530.1 million for the same period in 2020[281]. - Staff costs for the nine months ended September 30, 2021, were $512.5 million, an increase of $206.8 million or 67.6% compared to $305.7 million for the same period in 2020[282]. Tax and Interest - The effective tax rate for the three months ended September 30, 2021, was 39.3%, compared to 10.9% for the same period in 2020, primarily due to the expansion of the group to include more tax-paying entities[257]. - The effective tax rate increased to 22.7% for the nine months ended September 30, 2021, compared to 7.7% in the same period in 2020, primarily due to the expansion of tax-paying entities within the group[291][292]. - Interest expense, net for the three months ended September 30, 2021, was $11.9 million, an increase of $10.1 million compared to $1.8 million for the same period in 2020[254]. Cash Flow and Debt - Cash flows provided by operating activities were $20.1 million for the nine months ended September 30, 2021, down from $93.2 million in 2020[322]. - Cash flows provided by investing activities were $153.7 million for the nine months ended September 30, 2021, primarily driven by $130.2 million from the acquisition of MDC[323]. - Cash flows used in financing activities were $151.9 million for the nine months ended September 30, 2021, including $884.4 million for the repurchase of 7.50% Notes[325]. - As of September 30, 2021, total debt was $1,265.7 million, an increase of $1,067.7 million from $198.0 million at December 31, 2020, primarily due to the issuance of 5.625% Notes[327]. - The company had cash and cash equivalents of $115.5 million as of September 30, 2021, compared to $92.5 million as of December 31, 2020[320]. Market Risks and Compliance - The company is exposed to market risks related to interest rates, foreign currencies, and impairment risk[338]. - The company has historically maintained a low incidence of default on payments for media services, although it remains exposed to significant uncollectible receivables from clients[332]. - The company is currently in compliance with all terms of the Credit Agreement and expects to remain compliant over the next twelve months[328].

Stagwell Inc. (NASDAQ:STGW) Q3 2021 Earnings Conference Call November 3, 2021 8:30 AM ET Company Participants Frank Lanuto - Chief Financial Officer Mark Penn - Chairman & Chief Executive Officer Conference Call Participants Operator Thank you and good morning everyone. Welcome to the Stagwell Inc. Conference Call for the Third Quarter of 2021. On today's call, Mark Penn, Chairman and Chief Executive Officer, will first provide an overview of Stagwell's third quarter results, followed by a review of financi ...