Differentiated model providing a compelling investment opportunity

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Moelis

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March 31, 2023

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#1Investor Presentation April 2023 Moelis#2Forward 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 these words or other comparable words. Such forward-looking statements are based on certain assumptions and estimates and subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. We believe these factors include, but are not limited to, those described under "Risk Factors" discussed in our Annual Report on Form 10-K for the year ended December 31, 2022. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release. In addition, new risks. and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results. The Firm undertakes no obligation to publicly update or review any forward- looking statement, whether as a result of new information, future developments or otherwise. Moelis#3Moelis overview Leading global independent investment bank • Founded in July 2007 • Completed IPO in April 2014 (NYSE:MC) • • World-class independent, uncompromised advice Differentiated advice . Focus on long-term client relationships 23 Geographic locations 1,100 Employees 770 Investment Bankers • Extensive global network with 1,100 employees across 23 locations in Global network the Americas, Europe, Middle East and Australia 150 Managing Directors . M&A and Strategic Advisory Integrated advisory platform • Capital Structure Advisory • Capital Markets • Private Funds Advisory Moelis Note: headcount figures are approximate and as of March 31, 2023 22 Average years of experience per MD 2#4Moelis milestones 2008-2010 . • • Founded and raised growth capital from global institutional investors Hired capital structure advisory team Established European business Formed joint venture in Australia Entered Hong Kong, China, India & Middle East 2011 - 2014 2015-2017 2018-2019 2020-2023 Moelis • • IPO in April 2014 (NYSE:MC) • Formed Private Funds Advisory Business Expanded into Brazil and established German presence • Mexico alliance with Alfaro, Dávila y Scherer, S.C. Australian joint venture listed on Australian Securities Exchange • Formed Shareholder Defense and Capital Solutions Group . • Expansion into Continental Europe with coverage of the Benelux and Nordic Regions Strengthened MENA coverage with opening of Israel office and most recently in Saudi Arabia Significantly enhanced global capabilities in Technology, Healthcare, Industrials, Capital Markets, Financial Sponsors, Private Funds Advisory and Capital Structure Advisory with leading senior hires and internal promotions 3#5Extensive global network 23 locations across all major regions North & Central America • Boston • Chicago . Houston . Los Angeles • Mexico City1 • Monterrey1 • New York . San Francisco . • Washington DC West Palm Beach Moelis 1. Strategic alliance with Alfaro, Dávila y Scherer, S.C. 2. Strategic alliance with MA Moelis Australia • Amsterdam • Frankfurt Europe . London Paris South America Australia São Paulo • Middle East & Asia • Beijing Dubai . Hong Kong Mumbai • ⚫ Riyadh • Tel Aviv Melbourne² Sydney² 4#6Integrated advisory platform Comprehensive capabilities across products, industries and geographies coupled with independent, uncompromised advice Moelis Global footprint • Mergers & acquisitions Product • Capital structure advisory expertise • Capital markets • Private funds advisory • Financial institutions advisory • Shareholder advisory . Sovereign advisory • Dispute advisory Moelis • North America • South America . Europe . • Middle East • Asia • Australia • Consumer & retail Energy, power & infrastructure Financial institutions • Financial sponsors • General industrials . Healthcare . Real estate, gaming, lodging & leisure Technology, media & telecommunications Industry coverage 5#7Premier brand for world class advice Advised on $4 trillion of transactions since inception in 2007 Select transactions W $21bn All-stock merger with Endeavor Group Holdings, Inc. owned Ultimate Fighting Championship Financial Advisor CLAYTON DUBILIER & RICE $7bn Take-private acquisition of Focus Financial Partners Inc. Financial Advisor CH CK HUTCHISON €10bn Re-organization of European tower assets enabling its sale to Cellnex Telecom S.A. Financial Advisor Recent recognition CLEARLAKE Consortium, led by Todd Boehly and Clearlake Capital Group, L.P., acquisition of Chelsea Football Club M & A Deal of the Year IFR AWARDS 2022 Best Bank in the Middle East 2022 The Banker Ambac = $82bn Restructuring of Puerto Rico's Municipal debt Lead Financial Advisor to Ambac gm cruise $3.45bn Investment in Cruise comprised of $2.1bn Equity stake purchase from SoftBank Vision Fund 1 and $1.35bn Primary investment Financial Advisor REALTY Financial Advisor Deals of the Year 2022 The Banker Deals of the Year 2021 The Banker INCOME HILLHOUSE $17bn All-stock acquisition of VEREIT, Inc. and spin-off of office portfolio in to a new public company Lead Financial Advisor Hillhouse Capital €4.4bn Acquisition of Royal Philips NV'S Domestic Appliances business and execution of a 15-year brand license agreement Exclusive Financial Advisor Deals of the Year 2020 The Banker Investment Bank of the Year for Private Placements 2020 The Banker Hertz $24bn Restructuring Exclusive Financial Advisor PRUDENTIAL $27.6bn Reinsurance of In-force Fixed and Fixed Indexed Annuity Portfolio by Athene & $500mm Strategic Minority Equity Investment from Athene Financial Advisor أرامكو السعودية saudi aramco $29.4bn (incl. Greenshoe) Initial Public Offering Special Advisor The WALT DISNEY Company $85.1bn Acquisition of Twenty-First Century Fox, Inc. (after the spin- off of certain businesses) Financial Advisor Restructuring Adviser of the Year IFR AWARDS 2019 Mergermarket Middle East M&A Awards 2019 Moelis 6#8Well positioned for all market environments Premier M&A franchise Leading Capital Structure Advisory business Growing Capital Markets platform • • Top 20 global M&A advisor1 Advised on $2.6 trillion of M&A since inception Ability to execute for mid-cap and large-cap clients • Expanding our global capabilities • ~$1.3 trillion of liabilities restructured • • #2 global restructuring advisor by completed deal volume in 20222 Approximately 60% of company-side transactions have been completed out-of-court • • . ~$200 billion of capital raised for clients since inception Complete product suite and partnership across all service offerings with expertise in both public and private markets Capabilities for non-traditional paths to market include converts, direct listings, registered directs, etc. Note: Moelis 1. Refinitiv, January 2023 - annual announced and not withdrawn $ volume 2. Refinitiv, January 2023 - global completed $ volume 7#9Differentiated model providing a compelling investment opportunity Global collaboration • Global partnership approach - advising clients across sectors and regions around the globe • • One firm P&L (non commission-based compensation) Optimal structure for client advice and talent development Ability to quickly pivot resources to new business opportunities in high growth and emerging areas • Focus on profitable organic growth High ROIC • Internal talent development - 45% of current MDs are internal promotes¹ 血 • Maturation of MDs: ~35% of MDs have been at the firm for three years or less¹ • Significant whitespace with desire to grow the platform Commitment to shareholders • • • Return excess cash to shareholders through regular and special dividends and share repurchases Disciplined expense management with a focus on high pre-tax margins through the cycle Strong, asset light balance sheet with no debt or goodwill Moelis Note: 1. As of March 31, 2023 2. • Leading total shareholder return of ~200% since IPO² S&P CaplQ market cap weighted methodology assuming reinvestment of dividends between 4/15/2014 and 3/31/2023; compared to S&P 500 TSR of 162%, S&P 500 Financials of 119% and indexed peer group of Evercore, Greenhill, Houlihan Lokey, PJT and Lazard of 109% 8#10Executing on our organic growth strategy Strong track record of organic revenue growth while maintaining expense discipline Adjusted revenues¹ ($ in millions) $943 $886 $747 $685 $613 $519 $552 $1,558 . $857 $970 lu 2014 2015 2016 2017 2018 2019 2020 2021 2022 LTM Q1 2023 Adjusted pre-tax margins 1 32.1% 30.6% 27.2% 28.0% 27.3% 19.9% 34.3% 28.5% 22.5% 15.3% 2014 2015 2016 2017 2018 2019 2020 2021 2022 LTM Q1 2023 Moelis Source: Note: Public filings (earnings press releases) 1. • • 100% organic revenue growth Increased productivity and market share Zero acquisitions • High ROI focus Strong pre-tax margins Intense focus on expense management Reflects Adjusted (non-GAAP) revenues and pre-tax margins; A reconciliation between our GAAP results and our Adjusted results for the three month period ended March 31, 2023 is presented in the Appendix to this presentation 9#11Commitment to our shareholders Capital-light business model provides strong capital returns Strong financial position with minimal capital requirements No debt or goodwill ~$2.4bn $ >120% Cash and liquid investments of $170 million as of March 31, 2023 of capital returned to shareholders since IPO1 of IPO price returned to shareholders through dividends² Leading dividend yield³ $5.00 $4.00 $3.00 $4.50 6.0% 5.4% 5.0% 4.0% $2.00 $2.75 $2.50 $2.35 $1.00 $1.91 $2.01 $2.00 3.0% $2.40 2.0% $1.00 $1.10 $1.31 $1.25 $1.58 $1.44 $0.60 $0.80 $0.75 1.0% 2014 2015 2016 2017 2018 2019 2020 2021 2022 Regular Dividends Special Dividends Dividend Yield Moelis Note: 1. 2. 3. Total dollar amount of capital returned to shareholders in the form of regular and special dividends and share repurchases since IPO through the three month period ended March 31, 2023; includes Q1 2023 dividend that has been declared but not yet paid $30.85 per share in dividends, including Q1 2023 dividend that has been declared but not yet paid; IPO price of $25/share Dividend yield represents regular dividends declared in respect to each performance year as a percentage of the average share price in each fiscal year ended December 31 10#12Appendix Moelis 11#13Reconciliation of GAAP to adjusted (non-GAAP) financials Three Months Ended March 31, 2023 ($ in thousands) Revenues¹ Expenses U.S. GAAP $187,820 Adjustments (2,521) Adjusted (non-GAAP) $185,299 Compensation and Benefits $148,239 $148,239 Non Compensation Expenses $40,972 $40,972 Total Operating Expenses $189,211 $189,211 Operating Income ($1,391) (2,521) ($3,912) Compensation Ratio 78.9 % 80.0 % Non-Compensation Ratio 21.8 % 22.1 % Operating Income Margin (0.7)% (2.1)% Our Adjusted results apply certain adjustments from our GAAP results, including the assumption that 100% of the Firm's income was taxed at our corporate effective tax rate. We believe the Adjusted results, when presented together with comparable GAAP results, are useful to investors to compare our performance across periods and to better understand our operating results. Moelis Source: Notes: Company filings 1. Reflects a reclassification of $2.5 million of other income to revenues related to losses from the mark-to-market impact on shares received as partial payment for advisory services provided on certain transactions 12#14Share count breakdown For the three months ended March 31, 2023 (shares in millions) 90.0 75.0 60.0 45.0 67.0 4.5 77.6 6.1 30.0 Basic Class A Common Shares¹ Class A Partnership Units Held by EOs & MDs2 Unvested RSUS Moelis Note: 1. Data represents weighted-average share count as calculated under the treasury stock method for the three month period ending March 31, 2023 Includes 1.7 million undelivered awards with no remaining service requirement 2. Includes former Managing Directors and Employees Diluted Class A Shares / Exchangeable Units (As Adjusted) 13

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