Evercore Financial Performance and Governance slide image

Evercore Financial Performance and Governance

Commitment to Capital Return and A Strong Balance Sheet Capital Return We remain committed to our capital return objectives which include 1: Growing the per share dividend as earnings increase over time, reflective in our most recent dividend increase to $0.76 per share (approved in Q2 2023) 16th consecutive year of dividend increase ► Offsetting dilution associated with annual bonus equity and new hire grants through share repurchases Returning excess cash not needed for investment in the business through share repurchases Strong Balance Sheet ■Strong and liquid balance sheet We hold cash and investments necessary to fund prior deferred cash bonus obligations that are to be paid in cash in the future Continue to deliver low leverage and strong interest coverage, maintaining its ratios well in excess of amounts required ~3.0 Million Shares Repurchased in 2023 1. Subject to our future earnings and our need to maintain a strong liquidity position 2. Includes cash and investment securities held to satisfy near-term compensation obligations EVERCORE 14 ~$2.0 Billion Cash, Cash Equivalents and Investment Securities as of December 31, 20232
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