Jones Lang Lasalle Incorporated · NYSE:JLL

Jones Lang Lasalle — Presentation (May 2024)

10 slides from Jones Lang Lasalle's investor presentation, May 1, 2024

  1. Slide 1: Reporting Changes Effective January 1, 2024

    Exhibit 99.1 Reporting Changes Effective January 1, 2024 • JLL no longer reports the non-GAAP measures "Fee revenue" and "Fee-based operating expenses." o This change follows the conclusion of a comment letter from the Securities and Exchange Commission Staff in February 2024. o Given the absence of

  2. Slide 2: Total Segment to Consolidated Reconciliation

    Jones Lang LaSalle Incorporated (in millions) Q1 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 FY 2023 Total Segment to Consolidated Reconciliation Revenue 4,096.0 3,670.4 3,978.1 4,845.4 16,589.9

  3. Slide 3: Capital Markets

    Q1 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 FY 2023 Capital Markets Revenue 420.7 293.6 366.7 682.5 1,763.5 411.7 552.1 680.3 976.4 2,620.5 600.6 684.5 595.2 607.9 2,488.2 357.1 448.0 435.8 53

  4. Slide 4: JLL Technologies

    Q1 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 FY 2023 JLL Technologies Revenue 39.2 37.8 37.4 41.7 156.1 43.4 39.6 38.8 44.4 166.2 49.4 50.7 56.5 57.3 213.9 61.4 60.6 58.9 65.5 246.4 Gross contr

  5. Slide 5: Segment Summary

    Q1 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 FY 2023 Segment Summary Revenue Markets Advisory 810.4 661.1 763.5 952.0 3,187.0 792.7 951.3 1,079.9 1,364.8 4,188.7 999.5 1,118.2 1,111.5 1,186.3 4

  6. Slide 6: Consolidated Statement of Operations

    Jones Lang LaSalle Incorporated (in millions, except share and per share data) Q1 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 FY 2023 Consolidated Statement of Operations Revenue 4,096.0 3,670.4

  7. Slide 7: Consolidated Balance Sheet

    Jones Lang LaSalle Incorporated (in millions) Consolidated Balance Sheet Q1 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 FY 2023 Assets Current assets: Cash and cash equivalents 720.7 413.5 440.0

  8. Slide 8: Consolidated Statements of Cash Flows

    Jones Lang LaSalle Incorporated (in millions) Consolidated Statements of Cash Flows Q1 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 FY 2023 Cash flows from operating activities: Net income (loss)

  9. Slide 9: LaSalle assets under management (AUM)

    Jones Lang LaSalle Incorporated Q1 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 FY 2023 LaSalle assets under management (AUM) (in billions) Period beginning balance 67.6 69.5 65.0 65.7 67.6 68.9 7

  10. Slide 10: Non-GAAP financial measures definitions

    (i) Adjusted EBITDA attributable to common shareholders ("Adjusted EBITDA"), (ii) Adjusted net income attributable to common shareholders and Adjusted diluted earnings per share, (iii) Free Cash Flow Effective January 1, 2024, the definitions of Adjusted EBITDA and Adjusted net income attributable t

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