Strategic Growth & Financial Overview slide image

Strategic Growth & Financial Overview

Fastest Growing CRE Services Firm Since 2011 Newmark Revenue Growth ($ Millions) Revenue CAGR (2011 - TTM 6/30/2022) Acquired Cos. - Organic Newmark Average Peer VS 29% 18% Acquisitions Organic 753 29% CAGR 1,014 1,440 230 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2Q22 TTM Notes: Newmark's 2011 revenues are based on unaudited full year 2011 revenues for Newmark & Company Real Estate, Inc., ("Newmark & Co.") while 2012 is based on the Real Estate Services segment of the Company's former parent, BGC. "Organic" means revenue growth by Newmark & Co. since 2011 excluding acquisitions but including productivity improvements and hiring. "Acquired Cos. - Organic" means revenue growth by companies after they were acquired by Newmark from productivity improvements and hiring. The peers included in the average are US tickers CBRE, CIGI, JLL, MMI, and WD, and UK ticker symbol SVS. These companies generated GAAP revenue CAGRS of between 11% and 24% from 2011 through the most recent actual twelve-month period available, or a simple average of 18%. Only some of these peers reported fee revenues during this timeframe. In addition, US ticker CWK did not report revenues for periods before 2015 and is therefore excluded. For some years, the impact of FASB topic ASC 606 increased GAAP revenues for Newmark and certain peers. Newmark generated faster revenue growth than any of its publicly traded competitors from 2011 to latest available TTM Approximately 66% of Newmark's revenue growth over this period was organic Newmark has generated 74% average organic growth from acquired companies since they were added to our platform NEWMARK 13
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