Slide 1: Evercore 2022 Equity Plan Proposal
Evercore 2022 Equity Plan Proposal May 13, 2022
Slide 2: Forward-looking statements
This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect our current views with respect to, among other things, our operations and financial performance. In some cases,
Slide 3: We are Requesting Additional Shares to Support our Broad-Based Equity Program
We are Requesting Additional Shares to Support our Broad-Based Equity Program A broad-based equity program is critical to our business model and a core part of our compensation program. While we have prudently managed the shares authorized in our previous share request for the anticipated two-year t
Slide 4: Our Proposal is Reasonably Sized and Appropriate for a Human Capital Business
Our Proposal is Reasonably Sized and Appropriate for a Human Capital Business We are requesting only the limited number of shares which we believe will be necessary for continuing to manage and grow our business over the next approximately two years. Limited Share Request Double Alignment Effect n W
Slide 5: We Have a Track Record of Prudent Equity Compensation Management
We Have a Track Record of Prudent Equity Compensation Management We are acutely sensitive to the dilutive impact of equity compensation and we have purposely offset the dilutive impact of equity awards through share repurchases n When we last sought shares in 2020, we Equity Grant and Offset History
Slide 6: Our Equity Compensation Practices are Comparable to our Direct Peers
Our Equity Compensation Practices are Comparable to our Direct Peers Our publicly traded independent investment banking advisory peers share our human capital-intensive business model, and are the best comparison for equity program purposes n Traditional burn rate and dilution analyses do not take i
Slide 7: We Need Your Support of our Equity Plan Proposal
We Need Your Support of our Equity Plan Proposal Our Board of Directors has unanimously approved the Second Amended and Restated Evercore Inc. Stock Incentive Plan n In the past, our shareholders have taken the time to understand our human capital-intensive business, our equity compensation practice
Slide 8: Appendix A
Appendix A U.S. GAAP Reconciliation to Adjusted Results (Unaudited)
Slide 9: Non-GAAP financial reconciliation information
U.S. GAAP Reconciliation to Adjusted Results (Unaudited) Information in the following financial reconciliations presents the historical results of the Company from continuing operations and is presented on an Adjusted basis, which is a non-generally accepted accounting principles (“non-GAAP”) measur
Slide 10: Income Taxes
U.S. GAAP Reconciliation to Adjusted Results (Unaudited) Income Taxes. Evercore is organized as a series of Limited Liability Companies, Partnerships, C-Corporations and a Public Corporation in the U.S. as the ultimate parent. Certain of the subsidiaries, particularly Evercore LP, have noncontrollin
Slide 11: Net Revenues
U.S. GAAP Reconciliation to Adjusted Results (Unaudited) Net Revenues
Slide 12: Net Income
U.S. GAAP Reconciliation to Adjusted Results (Unaudited) Net Income
Slide 13: Diluted shares outstanding and key metrics
U.S. GAAP Reconciliation to Adjusted Results (Unaudited) Diluted shares outstanding and key metrics
Slide 14: Footnotes
U.S. GAAP Reconciliation to Adjusted Results (Unaudited) Footnotes 1. Income (Loss) from Equity Method Investments has been reclassified to Revenue in the Adjusted presentation. 2. Interest Expense on Debt is excluded from Net Revenues and presented below Operating Income in the Adjusted results and