This presentation provides an overview of Moelis & Company, a global independent investment bank. It discusses Moelis's global footprint and experience, differentiated business model, strong financial performance and growth, and compelling investment opportunity. Key points include global presence in 19 locations, premier M&A and restructuring franchises, healthy balance sheet with no debt, commitment to returning excess capital to shareholders, and organic growth drivers such as increasing market share and maturation of global platform.

1. July 2019

2. 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
[ 1 ]

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
— 128 MDs with an average of over 20 years of experience 1
 Strong growth with significant opportunities ahead
— LTM Q2 2019 revenues of $737 million, down 6 % from LTM Q1 2019
 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 7/30/2019
[ 2 ]

4. Moelis & Company Milestones
2007 – 2008
 Founded and Raised Growth Capital from Global Institutional Investors
 Hired Restructuring Team
2009 – 2010
 Entered Hong Kong, China & Middle East
 Launched in India
 IPO in April 2014 (NYSE: MC)
 Formed Private Funds Advisory Business
2011 – 2014
 Expanded into Brazil & established German presence
 Mexico Alliance with Alfaro, Dávila y Scherer, S.C.
 Completed Energy Team build out
2015 – 2016
 Australian Joint Venture listed on Australian Securities Exchange
 Formed Shareholder Defense and Capital Solutions Group
2017 – 2018
 Established European Business
 Formed Joint Venture in Australia
 Japan Alliance with SMBC/SMBC Nikko & $93 Million Investment
[ 3 ]

5. Our Business:
Relationships, Judgment and Experience
LOS ANGELES, US
LONDON, UK
HONG KONG, CN
JAPAN
Strategic Alliance with
SMBC / SMBC Nikko
BOSTON, US
DUBAI, UAEHOUSTON, US
NEW YORK, USSAN FRANCISCO, 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 nearly 650 bankers ¹
WASHINGTON, DC, US
Note:
1. As of 7/30/2019
Globally integrated platform valuable to clients and difficult to replicate
MEXICO CITY, MX
Strategic Alliance
with Alfaro, Dávila y
Scherer, S.C.
[ 4 ]

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 (~30% 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. As of 7/30/19
[ 5 ]

7. Sale to Goldman Sachs
Group, Inc.
$750mm
Common stock commitment
by Canada Pension Plan
Investment Board
$750mm
Fundraise for Luminate
Capital Partners II, LP
$430mm
Sale of two portfolios of mortgages
and unsecured loans to Citi, with
financing provided by PIMCO
£4.9bn
Sale to Nexstar
Media Group, Inc.
$6.4bn
Acquisition of Bemis
Company, Inc.
$6.8bn
Restructuring
€8.7bn
Recent Transactions with Marquee Clients
Exchange of Cash and Class C
Common Stock for Class V
Tracking Stock
$21.7bn
Restructuring
$16.2bn Acquisition of Forest
City Realty Trust, Inc.
$11.4bn
Long-term Credit Card
Agreement with
Capital One
Strategic partnerships and
stake sales to Eni and OMV in
ADNOC Refining
$5.8bn
Restructuring and sale of
substantially all assets to
ESL Investments, Inc.
$5.5bn
Restructuring
$1.6bn
Exchange Offer
$3bn
Merger with Option
Care Enterprises, Inc.
$3.7bn
Restructuring of 7.5%
Senior Notes due 2020
$500mm
Sale of The National Titanium Dioxide
Company Limited’s (Cristal) Titanium
Dioxide Business to INEOS Enterprises
$700mm
Acquisition by
Expedia Group, Inc.
$2.6bn
Acquisition of
Tarsus Group plc
£668mm
Sale to Harsco Corporation
$625mm U.S. Media and Sports
Wagering Partnership
with FOX Sports
Exchange offer, consent
solicitations, and term loan
amendment and extension
$4.4bn
Transformative global
collaboration with
Gilead Sciences, Inc.
$5.1bn
Sale of Kokusai Electric
Corporation to Applied
Materials, Inc.
$2.2bn
[ 6 ]

8. 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 over last three years
— Returned $11.68 1 in cash per share in dividends
 Strong, asset light balance sheet with no debt and no goodwill
 Longer and steadier M&A cycle; leading restructuring franchise
despite low default environment
 Continued maturation of global network
— ~ 30% of MDs have been MDs at the firm for 3 years or less
Note:
1. Includes dividends declared but not yet paid
[ 7 ]

9. Substantial Organic Growth and Cash
Flow Generation
Notes:
1. Based on fiscal year 2013 revenues of $411 million and fiscal year 2018 revenues of $886 million
2. Represents dividend contemplated at time of IPO
3. Includes dividends declared but not yet paid
Significant Growth Since
our IPO…
Generates High Cash
Returns
With Focus on Managing
the Business…
 115% 1 revenue growth
 86 MDs at IPO and 128
today
 Entered new markets,
sectors and products
 Raised regular dividend
nearly 200% from $0.17 2
to $0.50 per quarter
 Returned $15.80 3 in cash
per share in dividends
 Returned over 60% of IPO
price in dividends 3
 No debt
 No acquisitions
 No goodwill
 Expense
management
[ 8 ]

10. Growth Drivers
Premier M&A Franchise Differentiated Model
Leading Restructuring
Team
 Increasing Market Share
 Strong fundamentals of
M&A remain in place
 Technological disruption to
lead to longer cycle
 Financial Sponsors need to
put capital to work
 Global M&A volumes still
below peak 2007 levels1
 Maturation of MDs on global
platform
 Expanding global brand
recognition
 Collaborative model delivers
exceptional client advice
 Intense focus on ROIC
 Investment in talent
development
Significant Franchise Enhancement and Shareholder Value
 Growing restructuring
business in low default
environment
 #1 Ranking for US
Completed Volumes in 2Q
2019
 Advised on 7 of top 10 global
completed transactions in 1H
2019
Note:
1. Per Thomson Reuters as of January 4, 2019; based on announced deal volumes > $100mm for the twelve months ended 12/31/2018
[ 9 ]

11. Strong 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)% (1.2)% (3.4)% (21.6%)
Default Rates 2
1.9% 2.6% 2.8% 2.1% 2.5% 4.4% 3.4% 3.0% 2.5%
Source: Thomson Reuters
Notes:
1. Based on global completed number of M&A transactions greater than $100 million for the three month period ended June 30, 2019
2. Based on average trailing twelve month default rate from Moody’s “Annual Default Study: Corporate Default and Recovery Rates”
Revenue
($mm)
$268
$386 $411
$519
$552
$613
$685
$886
$737
$200
$300
$400
$500
$600
$700
$800
$900
2011 2012 2013 2014 2015 2016 2017 2018 LTM Q2
2019
Market
Metrics
[ 10 ]

12. Strong Balance Sheet and Disciplined
Capital Management
 Strong financial position
— Cash and liquid investments of $108 million 1
— No debt or goodwill
 Minimal capital requirements
 Commitment to return all excess capital to shareholders through
dividends and share repurchases
— Record level of open market share repurchases in 2018
— Board of Directors authorized $100 million repurchase plan in
Q1 2019
Note:
1. As of 6/30/2019 [ 11 ]

13. Moelis & Company: Leading Dividend Yield
Note:
1. Includes all regular and special dividends declared with respect to Moelis’s activities related to each fiscal year. Dividend yield calculated based on share price as of each
fiscal year ended December 31
Commitment to Return Excess Cash to Shareholders
1
$0.60
$1.10 $1.31
$1.58
$1.91
$1.00
$0.80
$1.25
$2.50
$2.75
$1.60
$1.90
$2.56
$4.08
$4.66
4.6%
6.5%
7.6%
8.4%
13.6%
3.0%
5.0%
7.0%
9.0%
11.0%
13.0%
15.0%
$-
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
2014 2015 2016 2017 2018
Regular Dividends Special Dividends Dividend Yield
[ 12 ]

14. Appendix

15. 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 and a reclassification associated with the forfeiture of fully vested awards
and enforcement of non-compete provisions
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 100% of the Firm’s net income was taxed at our corporate effective tax rate. 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.
Three Months Ended June 30, 2019
($ in thousands) U.S. GAAP Adjustments
Adjusted
(non-GAAP)
Revenues $153,523 - $153,523
Expenses
Compensation and Benefits $84,485 $(3,985)¹ $80,500
Non Compensation Expenses $35,159 - $35,159
Total Operating Expenses $119,644 $(3,985) $115,659
Operating Income $33,879 $3,985 $37,864
Compensation Ratio 55.0 % 52.4 %
Non-Compensation Ratio 22.9 % 22.9 %
Operating Income Margin 22.1 % 24.7 %
[ 14 ]

16. Quarterly Revenue Summary
QUARTERLY REVENUE (Q1 2013 – Q2 2019)
Revenue
($mm)
Source: Company filings
Note: 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 9-year period of 2010-2018, revenues on
average were distributed over the four calendar quarters as follows: Q1: 21%; Q2: 24%; Q3: 25%; Q4: 30%. The quarterly revenue data for Q1 2013 through Q2 2019 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 includes 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% 25% 25% 25% 25% 25% 25% 23% 27% 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$169.2
$219.4$220.4
$207.7
$238.3
$137.8
$153.5
$50.0
$75.0
$100.0
$125.0
$150.0
$175.0
$200.0
$225.0
$250.0
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
Q4
2017
Q1
2018
Q2
2018
Q3
2018
Q4
2018
Q1
2019
Q2
2019
[ 15 ]

17. Share Count Breakdown
Notes: Data represents weighted-average for the three month period ending June 30, 2019
1. Includes 1.5 million undelivered awards with no remaining service requirement
2. Includes former Managing Directors and Employees
3. In April 2020, all outstanding Class A Partnership Units will be off of lock-up
4. As calculated under the treasury stock method
For the Three Months
ended June 30, 2019
(shares in millions)
2, 3
1 4
50.1
10.4
2.6
4.6 67.7
20.0
30.0
40.0
50.0
60.0
70.0
80.0
Basic Class A
Common Shares
Class A Partnership
Units Held by EOs &
MDs
Class A Partnership
Units Held by Pre-IPO
Strategic Investor
Unvested RSUs and
Options
Diluted Class A
Shares / Exchangeable
Units
(As Adjusted)
[ 16 ]

18. %ofTotalDealCount
Source: Thomson Reuters
Note: Represents percent of total company deal count; based on completed M&A transactions from 1/1/2013 to 12/31/2018; 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 – 12/31/18
1
Historical Deal Distribution by
Transaction Size
49% 45% 43%
62%
42% 39%
20%
19% 21%
17%
18%
17%
31% 36% 36%
21%
40% 44%
0%
20%
40%
60%
80%
100%
Moelis Evercore Greenhill Houlihan Lazard PJT
$100mm - $500mm $500mm - $1.0bn >$1.0bn
[ 17 ]