Investment Highlights and Value Creation Update
Investment Highlights
EMERALD
Post-Pandemic Recovery Play in Live Events: Emerald plans to scale its business beyond pre-pandemic
baseline through new products and services; 25% of planned 2022 trade shows expected to exceed pre-
pandemic revenues.
Accelerating Underlying Organic Growth: The launch and acquisition of new events, content and technology
are generating additive, fast-growing revenue streams.
• Evolved strategy to build out year-round offering for both commerce and engagement: Emerald introduced
Xcelerator, a new business unit focused on building brands with the goal of curating year-round communities in
emerging and high-growth markets, such as mental health and Web3, through face-to-face and digital
experiences.
Substantial Free Cash Flow Generation: Attractive Free Cash Flow yield on an as-converted basis based on
expected $70 million of free cash flow in 2022
Seasoned Management Team: Emerald led by experienced management team with deep industry and public
company expertise.View entire presentation