Moelis & Company October 2017 Investor Presentation

1. October 2017

2. [ 1 ]
This Presentation contains forward looking statements, which reflect the
Company’s current views with respect to, among other things, its operations and
financial performance. You can identify these forward looking statements by the
use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,”
“may,” “will,” “should,” “seeks,” “target,” “approximately,” “predicts,”
“intends,” “plans,” “estimates,” “anticipates” or the negative version of these
words or other comparable words. Such forward looking statements are subject
to various risks and uncertainties. Accordingly, there are or will be important
factors that could cause actual outcomes or results to differ materially from those
indicated in these statements. For a further discussion of such factors, you
should read the Company’s filings with the Securities and Exchange
Commission. The Company undertakes no obligation to publicly update or
review any forward looking statement, whether as a result of new information,
future developments or otherwise.
Forward Looking Statements

3. Premier Global Independent Investment Bank
 Global footprint
— 19 geographic locations in the Americas, Europe, the Middle East,
Asia and Australia
 Trusted advisor
— Focus on M&A, Restructuring, Capital Markets Advisory and
Private Funds Advisory
 World class coverage
— 115 MDs with an average of over 20 years of experience 1
 Leading record of growth with significant opportunities ahead
— Record 9M 2017 revenues of $515 million, up 26% from 9M 2016
— Record 2016 revenues of $613 million, up 11% from 2015
 Healthy balance sheet with strong cash position and no debt or
goodwill
 Commitment to return 100% of excess capital to shareholders
Note:
1. As of 10/25/2017
[ 2 ]

4. Moelis & Company Milestones
[ 3 ]
2007
 Founded and Raised Growth Capital from Global Institutional Investors
2008 – 2009
 Japan Alliance with SMBC/SMBC Nikko & $93 million Investment (March 2011)
 Entered Hong Kong (April 2011), China (June 2011) & Middle East (October 2011)
 Launched in India (July 2012)
2010– 2012
 IPO in April 2014 (NYSE: MC)
 Expanded into Brazil (April 2014)
 Formed Private Funds Advisory Business (June 2014)
2013 - 2014
 Established German Presence (February 2015)
 Mexico Alliance with Alfaro, Dávila y Scherer, S.C. (September 2016)
 Australian Joint Venture listed on Australian Securities Exchange (April 2017)
2015 - 2017
 Hired Restructuring Team (April 2008)
 Established European Business (September 2008)
 Formed Joint Venture in Australia (August 2009)

5. Our Business:
Relationships, Judgment and Experience
[ 4 ]
LOS ANGELES, US
LONDON, UK
HONG KONG, CN
JAPAN
Strategic Alliance with
SMBC / SMBC Nikko
BOSTON, US
DUBAI, UAEHOUSTON, US
NEW YORK, USPALO ALTO, US BEIJING, CN
FRANKFURT, DE
MUMBAI, IN
PARIS, FR
SÃO PAULO, BR
SYDNEY, AUS
Joint Venture
CHICAGO, US
MELBOURNE, AUS
Joint Venture
Global footprint to serve client needs with over 500 bankers ¹
WASHINGTON, DC, US
Note:
1. As of 10/25/17
Globally integrated platform valuable to clients and difficult to
replicate
MEXICO CITY, MX
Strategic Alliance
with Alfaro, Dávila y
Scherer, S.C.

6. Acquisition of
EMC Corporation
$67.0bn
[ 5 ]
Premier Brand for World Class Advice
Sale to
Berkshire Hathaway
and 3G Capital
$28bn
Sale of EMPAQUE to Crown
Holdings Inc.
$1.2bn
Sale of Structured Retail
Investor Products and Equity
Derivatives Business to BNP
Paribas
£15.0bn
Consortium’s Acquisition of GE
Capital Australia & New
Zealand Consumer Finance
A$8.2bn
$127.0bn
Capital Markets and Debt
Markets strategies related
to Liability Management
$10.4bn
Sale to Emera Inc.
Acquisition of Economic Zones
World FZE from Port and Free
Zone World FZE
$3.5bn
Merger with Sirona Dental
Systems Inc.
$13.3bn$20.0bn
Merger of equals with
Clariant AG
€15.4bn
Restructuring
Public Takeover of Lexmark
International, Inc.
$3.6bn
$9.3bn
Acquisition of
NetSuite Inc.
Financial Restructuring
$50.0bn
Acquisition of
Avista Corporation
$5.3bn
$8.8bn
Restructuring

7. [ 6 ]
Differentiated Model
Global
Collaboration
 Global partnership approach
 One firm P&L (non commission-based compensation)
 Optimal structure for client advice and talent development
High ROIC
 Profitable organic growth
 Internal talent development (25% of current MDs are promotes) 1
Commitment to
Shareholders
 Return 100% of excess cash
 Disciplined expense management
 Clean balance sheet with no debt or goodwill
Note:
1. Based on 115 MDs as of 10/25/17

8. Leading Record of Organic Growth
MOELIS & COMPANY REVENUES
M&A Y-o-Y
Change 1 13.7% (3.0)% (4.0)% 11.9% (4.5)% (6.9)% (5.4)%
Default Rates 2
1.9% 2.6% 2.8% 2.1% 2.5% 4.4% 3.8%
Source: Thomson Reuters
Notes:
1. Based on global completed number of M&A transactions greater than $100 million
2. Based on average trailing twelve month default rate from Moody’s “Annual Default Study: Corporate Default and Recovery Rates”
[ 7 ]
Revenue
($mm)
$268
$386
$411
$519
$552
$613
$718
$200
$300
$400
$500
$600
$700
2011 2012 2013 2014 2015 2016 LTM Q3
2017Market Metrics

9. Substantial Organic Growth and Cash Flow Generation
Notes:
1. Based on fiscal year 2013 revenues of $411 million and LTM Q3 2017 revenues of $718 million
2. Represents dividend contemplated at time of IPO
3. Based on closing price on October 24, 2017
[ 8 ]
Significant Growth Since
our IPO…
Generates High Cash
Returns
With Focus on Managing
the Business…
 75% 1 revenue growth
 86 MDs at IPO and 115
today
 Entered new markets and
products
 Raised regular dividend
almost 120% from $0.17 2 to
$0.37 per quarter
 Returned $8.17 in cash per
share in dividends
 Returned over 105% since
IPO
− 75% in share price
appreciation 3 and over
30% in dividends
 No debt
 No acquisitions
 No goodwill
 Expense
management

10. [ 9 ]
Strong Balance Sheet and Disciplined Capital
Management
 Strong financial position
— Cash and liquid investments of $244 million 1
— No debt or goodwill
 Minimal capital requirements
 Commitment to return all excess capital to shareholders through
dividends and share repurchases
— Declared special dividend of $1.00 in Q2 2017, fourth special
dividend declared since our 2014 IPO
— Raised regular quarterly dividend by 16% in Q4 2016
• Fourth regular dividend increase since our IPO
Note:
1. As of 9/30/2017

11. MATURATION &
MANAGEMENT OF
FRANCHISE & TALENT BASE
 Pay off from years of
investment in client coverage
and talent development
 Maximizing revenue through
fee expansion and continued
collaboration
 Expanding global brand
recognition
GLOBAL MARKET
ENVIRONMENT & MARKET
SHARE GROWTH
 Growing demand for global,
unconflicted advice
 US M&A market to continue
given US macro economic
environment and CEOs’ need
to grow or create synergies
through mergers
 Recapitalization &
Restructuring opportunities to
continue given continued
depressed commodity prices
and amounts of leverage in the
market
TARGETED HIRING
& PROMOTION TO EXPAND
COVERAGE
 Focus on expanding sector
expertise through internal
promotions and external hires
 Selective expansion into new
markets or regions
 Stay focused on high margin,
capital light advisory
businesses
Growth Opportunities Ahead
[ 10 ]
Stay Focused on High ROIC Growth and Shareholder Returns

12. [ 11 ]
Compelling Investment Opportunity
 Leading track record of growth
 Differentiated model
— Strong partnership culture
— One-Firm philosophy with one global P&L
— Focus on internal development
 Significant shareholder returns since IPO
 Strong, asset light balance sheet with no debt and no goodwill

13. Appendix

14. [ 13 ]
Reconciliation of GAAP to
Adjusted (non-GAAP) Financials
Source: Company filings
Note:
1. Includes amortization of equity awards granted to employees and MDs in connection with the IPO
Our Adjusted results remove the impact of compensation expenses specifically related to the Firm’s IPO awards, and apply the corporate tax rate to all
earnings under the assumption that all outstanding Class A partnership units of Moelis & Company Group LP have been exchanged into Class A
common stock of Moelis & Company. We believe the Adjusted results, when presented together with comparable GAAP results, are useful to investors
to compare our performance across periods and to better understand our operating results.
Nine Months Ended September 30, 2017
($ in thousands) U.S. GAAP Adjustments
Adjusted
(non-GAAP)
Revenues $515,448 - $515,448
Expenses
Compensation and Benefits $302,228 $(3,235)¹ $298,993
Non Compensation Expenses $87,599 - $87,599
Total Operating Expenses $389,827 $(3,235) $386,592
Operating Income $125,621 $3,235 $128,856
Compensation Ratio 58.6 % 58.0 %
Non-Compensation Ratio 17.0 % 17.0 %
Operating Income Margin 24.4 % 25.0 %

15. [ 14 ]
%ofTotalDealCount
Source: Thomson Reuters
Notes: Represents percent of total company deal count; based on completed M&A transactions from 1/1/2013 to 12/31/2016; excludes transactions less than $100 million and
those with no transaction value disclosed
1. PJT’s data represents Blackstone M&A from 1/1/2013 to 9/30/2015; PJT M&A from 10/1/15 – 12/31/16
1
Historical Deal Distribution by Transaction
Size
52.3% 49.8%
41.0%
64.8%
43.0% 45.7%
17.8% 20.3%
22.0%
15.5%
18.4% 14.3%
29.9% 29.8%
37.0%
19.7%
38.6% 40.0%
0%
20%
40%
60%
80%
100%
Moelis Evercore Greenhill Houlihan Lazard PJT
$100mm - $500mm $500mm - $1.0bn >$1.0bn

16. [ 15 ]
Quarterly Revenue Summary
QUARTERLY REVENUE (Q1 2013 – Q3 2017)
Revenue
($mm)
Source: Company filings
Notes: Management primarily focuses on annual revenue measures as revenues in any quarter may not be indicative of full year results and the results of any period may vary
significantly from quarter to quarter and year to year. For the purpose of understanding the Company’s historical experience for the 7-year period of 2010-2016, revenues on
average were distributed over the four calendar quarters as follows: Q1: 19%; Q2: 24%; Q3: 25%; Q4: 32%. The quarterly revenue data for Q1 2013 through Q3 2017 was
derived from our unaudited financial statements included in our Form 10-Qs and our audited financial statements included in our Form 10-Ks. The quarterly revenue data
for 2010, 2011 and 2012 was prepared on substantially the same basis as the unaudited financial statements in our Form 10-Qs and our audited financial statements in our
Form 10-Ks and include all normal and recurring adjustments that we consider necessary for a fair presentation of revenue for these periods.
1. Sum of four quarters may not add up to 100% due to rounding
% of Full Year
Revenue 1 15% 24% 24% 38% 22% 25% 25% 28% 18% 23% 28% 32% 21% 21% 25% 33% N/A N/A N/A
$59.8
$98.5 $98.7
$154.3
$114.5
$131.7
$128.7
$143.9
$99.4
$125.9
$151.8
$174.8
$126.4
$131.7
$150.7
$204.6
$173.3 $172.1
$170.0
$50.0
$85.0
$120.0
$155.0
$190.0
$225.0
Q1
2013
Q2
2013
Q3
2013
Q4
2013
Q1
2014
Q2
2014
Q3
2014
Q4
2014
Q1
2015
Q2
2015
Q3
2015
Q4
2015
Q1
2016
Q2
2016
Q3
2016
Q4
2016
Q1
2017
Q2
2017
Q3
2017

17. Share Count Summary
[ 16 ]
Type of Equity At IPO September 30, 2017
Weighted–Average
Class A Common Stock
15.3 million 32.5 million 2
Exchangeable Class A Partnership
Units
39.0 million 24.4 million
Weighted-Average Basic Class A
Shares / Exchangeable Units
54.3 million 56.9 million 2
Weighted-Average Diluted Class
A Shares / Exchangeable Units
54.3 million 64.1 million 2
Notes:
1. The Company granted 2.4 million RSUs on February 23, 2017 in connection with 2016 incentive compensation. The majority of the RSUs are subject to a 5-year MD vesting
schedule where 1/5th vests in each year, while others are subject to a non-MD 4-year ratable vesting schedule
2. Represents weighted-average Class A common stock, basic and diluted shares for the three month period ending September 30, 2017
 Near-term, expect an increase in share count given issuance of annual
incentive equity awards yet modest share repurchases due to limited public
float
— Granted 2.4 million RSUs in February 2017 primarily subject to 5-year
vesting schedule 1

18. Lock-Up Summary
[ 17 ]
Holders
Class A Shares /
Exchangeable Units Lock-Up Terms
All Executive Officers and
Managing Directors 1 21.8 million
 4 to 6 year lock-up (2% on the fourth 2,
58% on the fifth 2 and 40% on the sixth
anniversary of the IPO closing date)
Pre-IPO Strategic Investor 2.6 million
 Currently transferable, subject to open
exchange window
Other Equity Not Subject
to Lock-Up 3 32.5 million  None
Total Class A Shares /
Exchangeable Units @
September 30, 2017
56.9 million
Notes: Moelis & Company concluded a public offering of 6.0 million shares of Class A Common Stock on July 28, 2017
1. Includes former Managing Directors and Employees
2. Balance of shares remaining in first and second tranche after public offerings in November 2014, January 2017 and July 2017
3. Includes 1.0 million of shares and exchangeable units which are subject to certain vesting requirements