Slide 1: Emerald Holding, Inc. Second Quarter 2022
Emerald Holding, Inc. Second Quarter 2022 August 8, 2022 Exhibit 99.2
Slide 2: Forward-Looking Statements
Notes Forward-Looking Statements This document contains certain forward-looking statements regarding Emerald Holding, Inc. (the “Company”), including, without limitation, the Company’s ability to continue staging live events and scale its business up to and beyond pre-COVID levels; the Company’s 202
Slide 3: Participants
Participants 3 Hervé Sedky President and Chief Executive Officer David Doft Chief Financial Officer
Slide 4: Key 2Q 2022 Takeaways
Key 2Q 2022 Takeaways 4 Emerald reaches agreement to settle outstanding insurance litigation for proceeds of $149.25 million; upon expected receipt in the third quarter, total insurance proceeds from 2020 and 2021 cancelled and impacted events will be approximately $372.8 million Event revenues are
Slide 5: Emerald is in the Connections Business
Emerald is in the Connections Business A changing workforce and evolving work styles require a new approach Connections – B2B trade shows and conferences that bring together industry-specific communities Emerald’s Proprietary Building Blocks 150+ Events | 1.9MM Active Customers | 15MM Website Visito
Slide 6: Three Pillars of Value Creation
Three Pillars of Value Creation Emerald’s focus is on maximizing value of operations and expanding offerings 365-Day Customer Engagement Scaled B2B Marketplace Increased Cadence of Online and Hybrid Events Emerald Xcelerator Targeted Accretive M&A 365-Day Engagement Holistic Consolidated Customer Da
Slide 7: Acquisitions and New Event Launches Driving Portfolio Optimization
Acquisitions and New Event Launches Driving Portfolio Optimization Strategic expansion into high growth industries and categories Community platform for creating relationships across the mental health ecosystem Fosters connections between mental health innovators and corporate leaders seeking soluti
Slide 8: Key Highlights For the Quarter
Key Highlights For the Quarter 8 Transaction closed June 2022 Premier global B2B event and thought leadership platform with a global presence Select 2Q 2022 Trade Shows Introduced new Emerald Xcelerator division in 2022 dedicated to launching dynamic brands that curate year-round communities through
Slide 9: Second Quarter 2022 Financial Highlights and Current Liquidity Position
9 Second Quarter 2022 Financial Highlights and Current Liquidity Position Adj. EBITDA(1) Free Cash Flow(2) Net Income (Loss) Diluted Income (Loss) Per Share ($ in Millions) ($ in Millions) ($ in Millions) (1) See slide 13 of this presentation for a reconciliation of Net Loss to Adjusted EBITDA (2) S
Slide 10: COVID Recovery Driving Significant Re-Acceleration of Business
On average, revenue per event is returning toward normalized levels 29 trade shows staged in 2Q22, compared to 2 in 2Q21 Qualified attendees and exhibiting companies trending toward pre-COVID levels Several Q2 events have exceeded pre-COVID revenues 2021 marked a return to positive free cash flow 10
Slide 11: Capital Structure
Capital Structure As of June 30, 2022 11 Convertible Preferred Shares Issued $400M of Convertible Preferred Stock in 2020 during COVID business disruption Shares have an accumulated accreting return of 7% per annum on liquidation preference paid in-kind Emerald can force conversion of preferred shar
Slide 12: Appendix
‘ Appendix @ EMERALD
Slide 13: Adjusted EBITDA Reconciliation
Adjusted EBITDA 13 UNAUDITED RECONCILIATION OF NET LOSS TO ADJUSTED EBITDA (1) For the six months ended June 30, 2022 represents non-cash charges of $6.3 million for goodwill in connection with the Company’s interim testing of goodwill for impairment resulting from the change in operating segments a
Slide 14: Free Cash Flow Reconciliation
Free Cash Flow 14 UNAUDITED RECONCILIATION OF NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES TO FREE CASH FLOW