Second Quarter 2020 Results July 28, 2020 Investor Presentation - PowerPoint PPT Presentation

Second Quarter 2020 Results July 28, 2020 Investor Presentation

2020 vs. 2019 P&L Summary Second Quarter Second Quarter 2020 (a) 2019 Revenue $ 2,800.7 $ 3,719.8 Operating Expenses (b) 2,738.2 3,146.1 Operating Profit 62.5 573.7 Net Interest Expense 47.2 50.2 Income Tax Expense 21.9 130.6 Tax Rate % 143.1% 24.9% Income (Loss) From Equity Method Investments (7.8) 1.2 Net Income (Loss) Attributed To Noncontrolling Interests 9.8 23.4 Net Income (Loss) - Omnicom Group Inc. $ (24.2) $ 370.7 Diluted Shares (millions) 215.4 220.9 Earnings (Loss) per Share - Diluted $ (0.11) $ 1.68 Dividends Declared Per Common Share $ 0.65 $ 0.65 (a) During the second quarter of 2020, we recorded expenses for certain repositioning actions related to the realignment of our businesses in reaction to the coronavirus 2019 ("COVID-19") pandemic and recorded a net loss on the disposition of certain subsidiaries. The net impact of these items decreased Operating Profit by $277.9 million, Net Income - Omnicom Group Inc. by $223.1 million and Earnings per Share - Diluted by $1.03 per share for the three months ended June 30, 2020. Additional information regarding the realignment actions and net loss on dispositions are presented in the slides that follow. (b) Additional information on our operating expenses can be found on page 3. 1 July 28, 2020

2020 vs. 2019 P&L Summary Year to Date Year to Date 2020 (a) 2019 Revenue $ 6,207.6 $ 7,188.7 Operating Expenses (b) 5,724.9 6,186.1 Operating Profit 482.7 1,002.6 Net Interest Expense 93.0 96.2 Income Tax Expense 119.3 233.2 Tax Rate % 30.6% 25.7% Income (Loss) From Equity Method Investments (13.0) 0.7 Net Income Attributed To Noncontrolling Interests 23.4 40.0 Net Income - Omnicom Group Inc. $ 234.0 $ 633.9 Diluted Shares (millions) 216.5 222.5 Earnings per Share - Diluted $ 1.08 $ 2.85 Dividends Declared Per Common Share $ 1.30 $ 1.30 (a) During the second quarter of 2020, we recorded expenses for certain repositioning actions related to the realignment of our businesses in reaction to the COVID-19 pandemic and recorded a net loss on the disposition of certain subsidiaries. The net impact of these items decreased Operating Profit by $277.9 million and Net Income - Omnicom Group Inc. by $223.1 million and Earnings per Share - Diluted by $1.03 per share for the six months ended June 30, 2020. Additional information regarding the realignment actions and net loss on dispositions are presented in the slides that follow. (b) Additional information on our operating expenses can be found on page 3. 2 July 28, 2020

Operating Expense Detail Second Quarter Year to Date 2020 % of 2019 % of 2020 % of 2019 % of Rev Rev Rev Rev Revenue $ 2,800.7 $ 3,719.8 $ 6,207.6 $ 7,188.7 Operating expenses: Salary and service costs: Salary and related service 1,424.7 1,660.2 3,067.1 3,326.2 50.9 % 44.6 % 49.4 % 46.3 % costs Third-party service costs (a) 606.4 1,005.0 1,497.3 1,906.6 21.7 % 27.0 % 24.1 % 26.5 % Occupancy and other costs 290.0 315.4 599.6 624.7 10.4 % 8.5 % 9.7 % 8.7 % Repositioning costs and net loss 277.9 — 277.9 — 9.9 % n/a 4.5 % n/a on dispositions Cost of services 2,599.0 2,980.6 5,441.9 5,857.5 Selling, general and 82.1 107.7 168.9 211.2 2.9 % 2.9 % 2.7 % 2.9 % administrative expenses Depreciation and amortization 57.1 57.8 114.1 117.4 2.0 % 1.6 % 1.8 % 1.6 % Total operating expenses 2,738.2 3,146.1 5,724.9 6,186.1 97.8 % 84.6 % 92.2 % 86.1 % Operating Profit $ 62.5 $ 573.7 $ 482.7 $ 1,002.6 (a) Third-party service costs are expenses paid to third-party vendors incurred primarily in connection with performance obligations for our services where we have determined that we are acting as principal. These third-party expenses also include incidental costs incurred in the performance of our services including airfare, mileage, hotel and out-of-town expenses, etc. 3 July 28, 2020

2020 Operating Expenses – Impact of Second Quarter Repositioning Actions and Net Loss on Dispositions Second Quarter and Year to Date Severance Real Estate Net Loss on Total Actions Actions Dispositions Operating expenses (a) : Salary and service costs Salary and related service costs $ — $ — $ — $ — Third-party service costs — — — — Occupancy and other costs — — — — Repositioning costs and net loss on dispositions 150.0 102.8 25.1 277.9 Cost of services 150.0 102.8 25.1 277.9 Selling, general and administrative expenses — — — — Depreciation and amortization — — — — Operating Expenses $ 150.0 $ 102.8 $ 25.1 $ 277.9 (a) The above table identifies the pre-tax impact of recorded expenses for certain repositioning actions related to the realignment of our businesses in reaction to the COVID-19 pandemic and a net loss on the disposition of certain subsidiaries during the second quarter of 2020 on the components of our operating expenses for the three and six months ended June 30, 2020. The expenses included incremental severance charges, right-of-use asset impairments and other real estate costs and a net loss on the disposition of certain subsidiaries and other charges. 4 July 28, 2020

2020 Non-GAAP Financial Measures - Adjusted for the Impact of Second Quarter 2020 Repositioning Actions and Net Loss on Dispositions Second Quarter Non-GAAP Non-GAAP 2020 (a) Adjustments 2020 Adjusted $ 62.5 $ 277.9 $ 340.4 Operating Profit 47.2 — 47.2 Net Interest Expense 21.9 54.8 76.7 Income Tax Expense Tax Rate % 143.1% 19.7% 26.2% (7.8) (7.8) Income (Loss) from Equity Method Investments — Net Income (Loss) Attributed to Noncontrolling 9.8 — 9.8 Interests $ (24.2) $ 223.1 $ 198.9 Net Income (Loss) - Omnicom Group Inc. Diluted Shares (millions) 215.4 215.4 215.4 Earnings (Loss) per Share - Diluted $ (0.11) $ 1.03 $ 0.92 The above table presents the U.S. GAAP financial measures of Operating Profit, Income Tax Expense, Net Income - Omnicom Group Inc. and Earnings (Loss) per Share - Diluted as reported, as well as the impact of certain repositioning actions and of the net loss recognized on dispositions of certain subsidiaries which were recorded during the three months ended June 30, 2020. The amounts presented in the column "Non-GAAP 2020 Adjusted" excludes these items from our results for the period presented, which are non-GAAP operating performance measures. We believe that the amounts excluding the impact of these items are useful measures for investors to understand the impact these items had on our reported results. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with U.S. GAAP. Non-GAAP financial measures reported by us may not be comparable to similarly titled amounts reported by other companies. (a) During the second quarter of 2020, we recorded expenses for certain repositioning actions related to the realignment of our businesses in reaction to the COVID-19 pandemic and recorded a net loss on the disposition of certain subsidiaries. The net impact of these items decreased Operating Profit by $277.9 million, Net Income - Omnicom Group Inc. by $223.1 million and Earnings per Share - Diluted by $1.03 per share for the three months ended June 30, 2020. 5 July 28, 2020

2020 vs. 2019 Non-GAAP Financial Measures - Adjusted for the Impact of Second Quarter 2020 Repositioning Actions and Net Loss on Dispositions Second Quarter 2020 (a) Non-GAAP 2020 2019 Adjusted Operating Profit $ 62.5 $ 340.4 $ 573.7 Net Interest Expense 47.2 47.2 50.2 Income Tax Expense 21.9 76.7 130.6 Tax Rate % 143.1% 26.2% 24.9% Income (Loss) From Equity Method Investments (7.8) (7.8) 1.2 Net Income (Loss) Attributed To Noncontrolling 9.8 9.8 23.4 Interests Net Income (Loss) - Omnicom Group Inc. $ (24.2) $ 198.9 $ 370.7 Diluted Shares (millions) 215.4 215.4 220.9 Earnings (Loss) per Share - Diluted $ (0.11) $ 0.92 $ 1.68 Dividends Declared Per Common Share $ 0.65 $ 0.65 $ 0.65 The above table identifies the U.S. GAAP financial measures of Operating Profit, Income Tax Expense, Net Income - Omnicom Group Inc. and Earnings (Loss) per Share - Diluted, as well as the non-GAAP amounts excluding the impact of certain repositioning actions and the net loss recognized on dispositions of certain subsidiaries in the column entitled "Non-GAAP 2020 Adjusted" for the three months ended June 30, 2020. We believe that the amounts presented in the "Non-GAAP 2020 Adjusted" column are useful measures for investors to understand the impact these items had on our reported results. Non- GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with U.S. GAAP. Non-GAAP financial measures reported by us may not be comparable to similarly titled amounts reported by other companies. a) During the three months ended June 30, 2020, we recorded expenses for certain repositioning actions related to the realignment of our businesses in reaction to the COVID-19 pandemic and recorded a net loss on the disposition of certain subsidiaries. The net impact of these items decreased Operating Profit by $277.9 million, Net Income - Omnicom Group Inc. by $223.1 million and Earnings per Share - Diluted by $1.03 per share for the three months ended June 30, 2020. 6 July 28, 2020