Huron Consulting : Financial Report (59a9a312 2224 491c 83b1 185fe224f6ca)

About this update from Huron Consulting Group Inc.

Huron Consulting Group Inc. Investor Presentation October 2025 Use of non-GAAP financial measures HURON | 3 In evaluating the company's financial performance and outlook, management uses earnings before interest, taxes, depreciation and amortization ("EBITDA"), adjusted EBITDA, adjusted EBITDA as a percentage of revenues before reimbursable expenses, adjusted net income, adjusted diluted earnings per share, free cash flow and free cash flow yield which are non-GAAP measures. Management uses these non-GAAP financial measures to gain an understanding of the company's comparative operating performance (when comparing such results with previous periods or forecasts). These non-GAAP financial measures are used by management in their financial and operating decision making because management believes they reflect the company's ongoing business in a manner that allows for meaningful period-to-period comparisons. Management also uses these non-GAAP financial measures when publicly providing their business outlook, for internal management purposes, and as a basis for evaluating potential acquisitions and dispositions. Management believes that these non-GAAP financial measures provide useful information to investors and others in understanding and evaluating Huron's current operating performance and future prospects in the same manner as management does, if they so choose, and in comparing in a consistent manner Huron's current financial results with Huron's past financial results. Investors should recognize that these non-GAAP measures might not be comparable to similarly titled measures of other companies. These measures should be considered in addition to, and not as a substitute for or superior to, any measure of performance, cash flows or liquidity prepared in accordance with accounting principles generally accepted in the United States. Management has provided its outlook regarding adjusted EBITDA and adjusted diluted earnings per share, both of which are non-GAAP financial measures and exclude certain charges. Management has not reconciled these non- GAAP financial measures to the corresponding GAAP financial measures because guidance for the various reconciling items is not provided. Management is unable to provide guidance for these reconciling items because they cannot determine their probable significance, as certain items are outside of the company's control and cannot be reasonably predicted since these items could vary significantly from period to period. Accordingly, reconciliations to the corresponding GAAP financial measures are not available without unreasonable effort. © 2025 Huron Consulting Group Inc. and affiliates. Our Business Huron is a global professional services firm that collaborates with clients to put possible into practice by creating sound strategies, optimizing operations, accelerating digital transformation , and empowering businesses and their people to own their future. By embracing diverse perspectives, encouraging new ideas and challenging the status quo, we create sustainable results for the organizations we serve. Focused on Serving Enduring End Markets 2024 Financial Results Demonstrate Strong Execution of our Strategy (1) $1.5B Companywide Highlights 9% RBR growth year-over-year 120 bps Adjusted EBITDA margin (2) growth year-over-year 32% Adjusted Diluted EPS (2) growth year-over-year 2024 Revenues before Reimbursable Expenses (RBR) by Segment Revenues before Reimbursable Expenses (RBR) Highlights 12% 10% (1)% 7% Healthcare segment growth year-over-year Education segment growth year-over-year Commercial segment change year-over-year Digital capability growth year-over-year 42% of 2024 RBR derived from our Digital capability Commercial segment includes financial services, energy and utilities, industrials and manufacturing, and all other industries. See Appendix for a reconciliation of adjusted EBITDA margin and adjusted diluted EPS, both of which are non-GAAP measures. © 2025 Huron Consulting Group Inc. and affiliates. Our refreshed strategy for driving shareholder value Medium-term financial targets: ----------------------------- Low double-digit percentage annual revenues before reimbursable expenses (RBR) growth Expand adj. EBITDA margin (1) to 15-17% by 2029 Convert 75% of annual adj. EBITDA to free cash flow (1) Double adj. diluted EPS (1) by 2029 2025+ Focus Sustaining accelerated growth in Healthcare and Education Leading Market Positions In Two Critical Industries 1 2025+ Focus Expanding capabilities through targeted organic hiring and programmatic M&A Growing Our Business in Commercial Industries 2 2025+ Focus Enhancing our portfolio to drive even greater client impact Growing Global Digital Capability 3 2025+ Focus Expanding margins while driving greater reinvestment to fuel organic growth Solid Foundation for Margin Expansion and Organic Reinvestment 4 Strong Balance Sheet and Cash Flows 2025+ Focus Returning capital to shareholders while executing programmatic M&A 5 1. See Appendix for the reconciliations of our non-GAAP financial measures to the most comparable GAAP financial measures. Management has not reconciled these non-GAAP financial measure goals to the corresponding GAAP financial measure goals because goals for the various reconciling items is not provided. © 2025 Huron Consulting Group Inc. and affiliates. Market-tested strategy and disciplined execution has driven results and significant shareholder value Progress from 2021 to 2024 (1) + Significantly Increased Revenue Expanded Margins Meaningfully Increased Earnings Per Share (EPS) Drove Significant Shareholder Value Creation + = 18% Revenues before reimbursable expenses (RBR) CAGR • Net income margin expansion of 90 bps Adjusted EBITDA margin (2) expansion of 270 bps Diluted EPS growth of 117% Adj. diluted EPS (2) growth of 148% Share price appreciation of 149% Progress illustrated from December 31, 2021 to December 31, 2024. See Appendix for the reconciliations of our non-GAAP financial measures to the most directly comparable GAAP financial measures. © 2025 Huron Consulting Group Inc. and affiliates. Compelling mix of industry-differentiated offerings Industries of Focus Healthcare Education Financial Services Energy and Utilities Industrials and Manufacturing Public Sector Consulting and Managed Services Building on our long-term client relationships to help address a variety of strategic, operational, financial, people and organizational-related challenges by providing an array of consulting, managed services and outsourcing services that best address their unique needs. Capabilities Mix 2024 Revenues before Reimbursable Expenses (RBR) Digital Helping organizations: (i) design and execute technology, data and analytic strategies that accelerate transformation, facilitate data-driven decision making, and improve the customer and employee experience and (ii) implement our industry-focused proprietary software products. Consulting and Managed Services 58% Digital 42% 87% of Digital RBR in 2024 was comprised of technology services revenue 13% of Digital RBR in 2024 was comprised of technology product revenue © 2025 Huron Consulting Group Inc. and affiliates. Our global enterprise platform is designed to provide a client-centric approach and bring the full breadth of Huron's offerings to our industries of focus Education Industry Financial Services Industry Energy & Utilities Industry Creates a platform for focused growth in the commercial industries MANAGED SERVICES FINANCIAL ADVISORY ORGANIZATINOAL AND PEOPLE TRANSFORMATION STRATEGY AND OPERATIONS GLOBAL DELIVERY PLATFORM DIGITAL Other Commercial Industries Healthcare Industry Commercial Industry Aligned under a common go-to-market strategy across all of our firm-wide offerings in each industry with greater accountability to achieve our industry growth goals Capability Aligned common capabilities across the enterprise to better drive operating efficiencies and elevate our collective market position across Consulting, Digital, and Managed Services © 2025 Huron Consulting Group Inc. and affiliates. Competitive advantage enabled by our distinct collaborative culture and highly talented and engaged team APR 2025-APR 2026 USA APR 2025-APR 2026 CANADA APR 2025-APR 2026 INDIA APR 2025-APR 2026 UK APR 2025-APR 2026 SG Great Place to Work Certified™ by Great Place To Work ® in the U.S., Canada, India, Singapore, and the U.K. The Consulting Report Named one of the Top Consulting Firms of 2025. Vault Consulting Recognized as one of North America's Most Prestigious Consulting Firms. Consulting Magazine Named Best Firm to Work For the last 15 years and honored as Rising Star for Mentoring and Enrichment and Recruiting and Retention programs. Handshake Early Talent Award Recognized as a best place for Gen Z to start their careers. Time Named one of America's 2025 Best Midsized Companies, ranking 163 out of 500 companies. Glassdoor's Best Places to Work Recognized as one of Glassdoor's Best Places to Work for the second consecutive year. Management Consulted Recognized as top consulting firm in the industry. Corporate Equality Index Received perfect 100 on the Human Rights Campaign Foundation's Corporate Equality Index since 2014. As of October 2025 © 2025 Huron Consulting Group Inc. and affiliates. Our Market Opportunity and Growth Initiatives H UR O N | 12 Operate in a large, growing industry with core end markets facing significant disruption and/or regulatory change Total addressable market (TAM): $220B+ Education (2) $35B Healthcare (1) $63B Commercial Industries of Focus Financial Services (3) $23B Energy & Utilities (4) $22B Industrials & Manufacturing (5) $43B Public Sector (6) $36B Internal analysis coupled with data from IBIS World's Healthcare Consultants report dated September 2024 and Markets and Markets Revenue Cycle Management/RCM Market Global Forecast to 2026 dated August 2021. Gartner Enterprise IT Spending 2025 HLS Outlook dated January 2025 Internal analysis coupled with data from the Integrated Postsecondary Education System (IPEDS), Gartner's 2023 Outlook Presentation: Enterprise IT Spending Forecast, and HERD and NIH Funding data. Internal analysis coupled with data from Gartner Enterprise IT Spending 2024 Outlook dated September 2023 Internal analysis coupled with data from IBIS World's Energy & Utility Consulting Services report dated August 2024, Gartner Enterprise IT Spending 2025 Outlook by vertical dated January 2025 Internal analysis coupled with data IBIS World's Distribution & Logistics Consulting Services report dated December 2024, Gartner Enterprise IT Spending 2024 Outlook by vertical dated September 2023 Internal analysis coupled with data from Gartner Enterprise IT Spending 2025 Outlook by vertical dated January 2025 © 2025 Huron Consulting Group Inc. and affiliates. Healthcare segment Our breadth of offerings creates a full-service partner, spanning strategy and innovation, operations, digital and human capital management Consulting Managed Services Strategy, Innovation & Growth Performance Improvement Revenue Cycle Financial Advisory Services Revenue Cycle, Managed Care & Clinical Documentation Interim Leadership Human Capital Management Operations & Cost Optimization Physician Enterprise & Access to Care Patient Experience Care Transformation Digital Advisory & Innovation Enterprise Resource Planning (ERP) Intelligent Automation & Transformational Tech Data Management & Governance Enterprise Performance Management (EPM) Application Managed Services Electronic Health Records (EHR) Customer Relationship Management (CRM) Advanced Analytics & Insights 2022 to 2024 average H UR O N | 13 © 2025 Huron Consulting Group Inc. and affiliates. Digital 29% $756M 2024 RBR Performance Improvement & Human Capital Management 53% Revenue Cycle Managed Services 10% Strategy and Innovation 3% Financial Advisory 5% Segment Offering Portfolio (As a % of 2024 Healthcare RBR) 1,000 Clients Served Annually (1) Healthcare Client Portfolio (As a % of 2024 Healthcare RBR) Other Healthcare 4% Hospitals, Health Systems, & Physician Payor 2% Groups 94% A dynamic market environment The healthcare industry remains an attractive market where we are well positioned to build upon our leading market position as our clients' trusted advisor M&A ACTIVITY likely to increase due to market opportunities Illustrative Challenges NEW CARE DELIVERY MODELS & TECHNOLOGIES focused outside the four walls of the hospital WORKFORCE DISRUPTION & INFLATION is ongoing and specific to wages and supplies CONSUMER EXPECTATIONS increased for personalization, transparency, and digital care FINANCIAL STRAIN driven by reimbursement changes, cost pressures, & payor dynamics REGULATORY IMPACT Impacts Facing Our Clients Changes in clinical reimbursement models CHANGING DEMOGRAPHICS with an aging population and a rise in chronic diseases, drives increasing need TALENT CHALLENGES around recruitment and retention, along with unionization, persist DIGITAL TRANSFORMATION is needed to maintain security, improve care outcomes, and alleviate cost pressures Changes to Medicaid eligibility and Medicare reimbursement Reduced federal research funding and fewer clinical trials Changes to the pharmacy 340b program Increased scrutiny on tax exempt status © 2025 Huron Consulting Group Inc. and affiliates. Sustaining accelerated growth in healthcare We will continue to be nimble and innovative while leveraging our unique ability to bring the full breadth of our offerings to bear for our clients in order to enhance our competitive advantage in the market Portfolio Advancement Sustain and enhance leading market position in Performance Improvement Grow market share in our core digital offerings Further diversify our consulting portfolio by adding new, adjacent offerings Portfolio Enhancement Accelerate growth in both digital and revenue cycle managed services to capitalize on our unique market positioning Invest further in emerging digital technologies, including automation, analytics and AI Portfolio Expansion Broaden reach by expanding deeper into the payor and private equity markets © 2025 Huron Consulting Group Inc. and affiliates. Our Healthcare business is a market leader with strong growth potential Our strong client relationships and deep industry expertise drive our competitive differentiation, which is difficult to replicate Strong Client Relationships Proven, Consistent Client Results With the strength and depth of our portfolio, we consistently deliver positive outcomes to help our clients achieve their goals and enhance their longterm success . Demonstrated Track Record of Performance Our strategy of enhancing our core business while further diversifying our portfolio has demonstrated sustainable revenue growth and margin expansion The healthcare industry remains an attractive, market where we are well-positioned to address current market dynamics and looming financial distress as our clients' trusted advisor Growing End Market We have and will continue to organically and inorganically expand our portfolio into new and existing markets to enhance our competitive advantage and grow our wallet share and addressable market Sustaining Growth © 2025 Huron Consulting Group Inc. and affiliates. Education segment Our breadth of offerings creates a full-service partner, spanning strategy and operations, digital and organizational transformation Consulting Managed Services Strategy & Innovation Research Enterprise Research Administration Performance Improvement Finance & Operations Compliance & Risk Management Clinical Trials Global Philanthropy Student & Alumni Experience Student Search Athletics People & Organization Interim Leadership Digital Digital Strategy Automation, Analytics & AI Huron Research Suite ERP (FIN/HCM) & EPM Student Information Systems (SIS) eProcurement Travel & Expense Huron Higher Education Performance Analytics Application Managed Services © 2025 Huron Consulting Group Inc. and affiliates. 1. 2022 to 2024 average Research 25% $474M 2024 RBR Strategy & Operations 21% Digital 49% Other 1% Global Philanthropy 4% Segment Offering Portfolio (As a % of 2024 Education RBR) 4-Year Institution, Private 28% 580+ Clients Served Annually (1) Academic Medical Centers & Research Institutes 15% 4-Year Institution, Public 41% System Office 9% Education Client Portfolio (As a % of 2024 Education RBR) Other Education and Nonprofit 7% A dynamic market environment The education industry remains an attractive end market as it faces potentially significant regulatory changes and an increasingly competitive landscape, which we believe play to our strengths given our scale and breadth of offerings REGULATORY IMPACT Impacts Facing Our Clients Increased scrutiny and significant changes at the federal and state levels, including at the Department of Education Reduced federal research funding Deregulation at the federal and regional accreditation levels Changes in immigration policies affecting students and faculty Increases to the endowment tax Illustrative Challenges Cloud Migration remains a key priority in the digital transformation of higher education Prevalence and Application of AI continues to grow Interconnected Challenges including enrollment declines, leadership instability, financial pressures, and brand erosion, increase the need for change Workforce Ready Academic Portfolio continues to be evaluated in order to prepare students for the jobs of tomorrow Research Integrity has become a key priority driven by an increasing enforcement environment and heightened risk of reputational and financial impact Talent Challenges related to recruitment and retention, along with unionization, persist © 2025 Huron Consulting Group Inc. and affiliates. Sustaining our accelerated growth trajectory We aim to increase our competitive advantage by building upon the strong foundation of our core business while further broadening our portfolio Portfolio Advancement Evolve our offering portfolio to address the current needs of our clients given the dynamic regulatory environment Advance our core offerings to strengthen our competitive advantage Continue to leverage our One Huron goto-market approach across all offerings Continue to attract strong talent from industry to bolster our team and expertise Portfolio Enhancement Further diversify our consulting and digital portfolio by adding new, adjacent offerings Invest further in key areas, including emerging technology, including automation, analytics and AI Deepen our offerings in the student and academic enterprise Portfolio Expansion Continue expansion into new end markets (e.g., middle enterprise, community colleges) and new geographies © 2025 Huron Consulting Group Inc. and affiliates. Our Education business is a market leader with strong growth potential Clear Differentiation Our strong client relationships, deep credentials and industry experience drive our competitive differentiation, which is difficult to replicate Proven Growth Strategy Our growth strategy and the solid execution of that strategy has consistently demonstrated sustainable revenue growth and margin expansion Dynamic Market The education industry is facing a dynamic regulatory environment and competitive landscape , which we believe will create demand and play to our strengths given our scaled competitive advantage Sustaining Growth Trajectory We have and will continue to organically and inorganically expand our portfolio into new and existing markets to enhance our competitive advantage and grow our wallet share and addressable market © 2025 Huron Consulting Group Inc. and affiliates. Commercial segment We are a focused partner with distinct competitive advantage across our offerings Consulting Managed Services Across Industries Industry-specific (Illustrative) Strategy & Innovation Operating Model Design Change Management Supply Chain Optimization Restructuring & Turnaround Performance Improvement Valuation Financial Services Institution Advisory Interim Leadership Financial Crimes and Fraud Financial Risk and Compliance Digital Across Industries Industry-specific (Illustrative) Digital Strategy ERP (FIN/HCM) & EPM Supply Chain Management (SCM) Customer Relationship Management (CRM) Automation, Analytics & AI Enterprise Data Management Application Managed Services Financial Crime and Compliance Bank Margin Planning Enterprise Asset Management © 2025 Huron Consulting Group Inc. and affiliates. $256M 2024 RBR Distressed Financial Advisory 25% Digital 65% Financial Institutions Advisory 3% Strategy & Innovation 7% Segment Offering Portfolio (As a % of 2024 Commercial RBR) Professional and Business Services 11% Tech, Media & Telecommunications 8% Energy and Utilities 12% Life Sciences 7% Financial Services 15% $256M 2024 RBR Commercial Industry Portfolio (As a % of 2024 Commercial RBR) Industrials and Manufacturing 16% Other 31% A shifting competitive environment Commercial industries face significant regulatory change and ongoing disruption as government mandates shift and the market landscape becomes increasingly competitive REGULATORY IMPACT Impacts Facing Our Clients Shifting tariff framework impacting supply chains and costs Evolving interest rate environment Increased scrutiny and significant changes at the federal and state levels Potential deregulation in certain areas at the federal and state levels Illustrative Challenges Macroeconomic and Regulatory Uncertainty is driving the need for greater strategic planning, data and analytics, and operational optimization to be able to best navigate disruptions as they arise Rise in AI and Automation is reshaping how companies deliver products and services and how they operate, driving new efficiencies and requiring reimagined business models Physical and Digital Worlds Converging as digital agents enhance technology adoption, bridge skill gaps, and enable greater agility and seamless integration Tariffs and Supply Chain Uncertainty are intensifying financial pressures, demanding faster innovation and greater operational efficiency Data-driven Decision Making enabled by the rise in data and analytics accelerates time to value and improved business outcomes Competitive Shifts are increasing, driving revenue growth pressure and financial strain, which pushes organizations to innovate and optimize their operations © 2025 Huron Consulting Group Inc. and affiliates. Sustaining our accelerated growth trajectory We aim to increase our competitive advantage by building upon the strong foundation of our core business while further broadening our portfolio Portfolio Advancement Sustain and enhance our strong market positions in our core offerings across Digital, Financial Advisory and Strategy & Innovation Integrate our strategy and operations consulting and digital offerings to further strengthen our distinct competitive advantage and innovate to best serve our clients Continue to leverage our One Huron goto-market approach across all offerings Portfolio Enhancement Invest further in current offering adjacencies - similar to the AXIA acquisition Invest further in key areas, including emerging technology, including automation, analytics and AI Enhance our industry expertise and offering set in our core industries of focus Portfolio Expansion Extend offerings into new parts of the market (e.g., strategy to operations consulting, back office to front and middle office technology platforms, etc.) Leverage global client base in digital and current international work to strategically expand our geographic reach © 2025 Huron Consulting Group Inc. and affiliates. Our Commercial segment has points of unique competitive differentiation across offerings that we believe we can build upon to further grow the segment Distinct Competitive Advantages Within Commercial, each business has a distinct competitive advantage within their market that we believe creates a strong foundation for future growth Focused Sectors, Large Market We are focused on serving industries facing significant regulatory change or disruption, which have a TAM of greater than $120B+ (1) Meaningful Growth Potential Significant growth opportunities to further gain share or expand our addressable market as we strengthen our industry expertise and broaden our offering portfolio through organic and inorganic investment Balanced Portfolio Commercial plays a key role in diversifying the overall Huron portfolio providing new avenues for growth while creating an important balance to our healthcare and education focus See page 14 of this presentation for additional details. © 2025 Huron Consulting Group Inc. and affiliates. Our Proven Results Our proven results HURON | 26 Healthcare Large, Multi-State Health System Client Challenges Significant financial and environmental pressures Incurred operating losses at a rate of $1M per day, putting key investments at risk Huron's Approach 'Dual Transformation' approach Drove rapid, incremental operational and clinical improvement to achieve near-term margins Repositioned to drive long-term growth through new clinical programs, redesigned care model, and asset repositioning Results Annual recurring financial benefit of $500M+ Achieved positive operating income in just two quarters Redesigned operating model enabled the organization to succeed as an integrated system Education Premier U.S. Research Institution Client Challenges Sought greater liquidity ahead of potential Federal directives given the magnitude of university's endowment and annual sponsored research volume Huron's Approach Conducted a broad review of budget practices, restricted funds and endowment distributions Developed set of actionable recommendations spanning new analytics and reporting, planning process changes, policy enhancements, and education and training Results Re-balanced unrestricted and restricted fund accumulated fund balances to free up restricted sources for redeployment to strategic and operational needs Reallocated $30M in unrestricted budget funding to central operations Financial Services Northeastern U.S. Regional Bank Client Challenges Struggled to maintain existing financial planning process, which drove longer planning cycles Team members performing numerous low-value and manual tasks to prep data with aging systems, aggregate disparate plans, and validate results Huron's Approach Develop a digital-first, enterprise-wide bank planning framework Utilized Huron's proprietary margin planning, workforce, and capital expenditures accelerators to expedite design and implementation Results Planning and forecasting process timeline declined from three weeks to 15 minutes More accurate earnings and net interest forecasting Used technology to reduce the need for additional headcount © 2025 Huron Consulting Group Inc. and affiliates. Our Financial Outlook Disciplined strategic execution driving outperformance against 2022 investor day goals RBR & Adj. Diluted EPS (1) Adj. EBITDA (1) $1,800 $1,600 $1,400 $1,200 $ in Millions $1,000 $800 $600 $400 $200 $ 2021 2022 2023 2024 2025 Guidance (Midpoint) (2) $8.00 18% RBR CAGR (2021 to 2024) $1,660 $1,486 $7.60 $1,362 $6.47 $1,132 $4.91 $906 $3.43 $2.61 $7.00 $6.00 $5.00 $4.00 $3.00 $2.00 $1.00 - $250 $200 $ in Millions $150 $100 $50 $ $237 $201 $167 $131 $98 2021 2022 2023 2024 2025 Guidance (Midpoint) (2) RBR - 2022 Goal RBR - Actual RBR & Adj. Diluted EPS - Adj. EBITDA Dollars 2022 Goal Adj. EBITDA Dollars Actual Adj. EBITDA Dollars Adj. Diluted EPS - 2022 Goal Adj. Diluted EPS - Actual Guidance (2) Guidance (2) See Appendix for the reconciliations of our non-GAAP financial measures to the most directly comparable GAAP financial measures. Guidance is as of October 28, 2025. Management has not reconciled these non-GAAP financial measures to the corresponding GAAP financial measures because guidance for the various reconciling items is not provided. © 2025 Huron Consulting Group Inc. and affiliates. Strong growth algorithm poised to drive shareholder value creation 1 Grow Revenues Grow Margins & Cash Flows Grow EPS 3 RBR Growth Goal: Low double-digit percentage RBR growth, primarily driven by mid-upper single digit organic growth Adj. EBITDA Margin (1) Expansion Goal: Expand adj. EBITDA margin to 15-17% by 2029 2 Free Cash Flow (1) Conversion Goal: Annual conversion of 75% of adj. EBITDA Adj. Diluted EPS (1) Growth Goal: Double adj. diluted EPS by 2029 1. See Appendix for the reconciliations of our non-GAAP financial measures to the most comparable GAAP financial measures. Management has not reconciled these non-GAAP financial measure goals to the corresponding GAAP financial measure goals because goals for the various reconciling items is not provided. © 2025 Huron Consulting Group Inc. and affiliates. Driving continued revenue growth Grow Revenues Achieved by: Low Double Digit % RBR Growth Goals Reaffirmed commitment to low double-digit percentage RBR growth driven by: Grow Margins & Cash Flows Grow EPS Mid-upper single digit organic RBR growth 2% to 4% inorganic RBR growth RBR aspiration by segment Healthcare Education Commercial Mid-upper single digit RBR growth Upper single digit to lower double digit RBR growth Low double digit RBR growth RBR aspiration by capability Consulting & Managed Services Digital Upper single digit RBR growth Low double digit RBR growth Dynamic and macroeconomically significant end markets create growth opportunities Leading market positions, deep client relationships, and innovation drive opportunities for wallet share expansion Investments in new capabilities and market channels expand our total addressable market Programmatic M&A is a strategic lever to fuel additional growth © 2025 Huron Consulting Group Inc. and affiliates. 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