Investment Highlights and Value Creation Update slide image

Investment Highlights and Value Creation Update

First Quarter 2022 Highlights and Current Liquidity Position Emerald experienced year over year growth across all categories as recovery momentum continues • Revenues of $98.5 million Net Income Diluted income per share of $0.07 ($ in Millions) Earnings Results • Net income of $22.6 million . Adjusted EBITDA of $54.4 million (1) Highlights and Developments Balance Sheet Free cash flow of $29.8 million (2) . Hosted 31 in-person trade shows . Received $28.8 million of insurance claim payments for canceled events $22.6 1Q'21 1Q'22 ($15.3) • Continue to actively pursue collection of Adj. EBITDA (1) remaining unpaid amounts of filed ($ in Millions) insurance claims for 2020 and 2021 . $254.4 million of cash • Full capacity on $110 million revolving credit facility ($2.5) . Repurchased 0.3 million shares at an average price of $3.63 per share (1) See slide 18 of this presentation for a reconciliation of Adjusted EBITDA (2) See slide 19 of this presentation for a reconciliation of Free Cash Flow EMERALD Diluted Income (Loss) Per Share ($ in Millions) $0.07 1Q'21 1Q'22 ($0.33) Free Cash Flow(2) ($ in Millions) $54.4 $29.8 $0.6 1Q'21 1Q'22 1Q'21 1Q'22 14
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