| Schedule of Calculation of Numerator and Denominator in Earnings Per Share |
The following table presents the computations of basic and diluted earnings per share for the three months ended September 30, 2026 (amounts in thousands, except per share amounts): | | | | | | | Three Months Ended September 30, | | 2026 | | Earnings Per Share - Basic | | | Numerator: | | | Net income | $ | 18,396 | | | Net income attributable to noncontrolling and redeemable noncontrolling interests | (277) | | | Net income attributable to Stagwell Inc. common shareholders | $ | 18,119 | | | | | Denominator: | | | Weighted average number of common shares outstanding | 244,666 | | | Earnings Per Share - Basic | $ | 0.07 | | | | | Earnings Per Share - Diluted | | | Numerator: | | | Net income attributable to Stagwell Inc. common shareholders | $ | 18,119 | | | | | Denominator: | | | Basic - Weighted average number of common shares outstanding | 244,666 | | | Dilutive shares: | | | Restricted awards and stock options | 6,323 | | | | | | | Diluted - Weighted average number of common shares outstanding | 250,989 | | | | | Earnings Per Share - Diluted | $ | 0.07 | | | | | Anti-dilutive: | | | | | Class A Shares to settle deferred acquisition obligations | 2,926 | | | |
The following table presents the computations of basic and diluted loss per share for the nine months ended September 30, 2026 (amounts in thousands, except per share amounts): | | | | | | | Nine Months Ended September 30, | | 2026 | | Loss Per Share - Basic and Diluted | | | Numerator: | | | Net loss | $ | (4,252) | | | Net loss attributable to noncontrolling and redeemable noncontrolling interests | 1,282 | | | Net loss attributable to Stagwell Inc. common shareholders | $ | (2,970) | | | | | Denominator: | | | Weighted average number of common shares outstanding | 247,131 | | Loss Per Share - Basic and Diluted | $ | (0.01) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Anti-dilutive: | | | Restricted awards and stock options | 5,388 | | Class A Shares to settle deferred acquisition obligations | 3,462 | | | Employee Stock Purchase Plan shares | 40 | |
The following table presents the computations of basic and diluted earnings per share for the three months ended September 30, 2025 (amounts in thousands, except per share amounts): | | | | | | | Three Months Ended September 30, | | 2025 | | Earnings Per Share - Basic | | | Numerator: | | | Net income | $ | 23,763 | | | | | | | | | Net loss attributable to noncontrolling and redeemable noncontrolling interests | 856 | | | | | Net income attributable to Stagwell Inc. common shareholders | $ | 24,619 | | | | | Denominator: | | | Weighted average number of common shares outstanding | 255,952 | | | Earnings Per Share - Basic | $ | 0.10 | | | | | Earnings Per Share - Diluted | | | Numerator: | | | Net income attributable to Stagwell Inc. common shareholders | $ | 24,619 | | | | | | | | | Denominator: | | | Basic - Weighted average number of common shares outstanding | 255,952 | | | Dilutive shares: | | | Stock appreciation rights and restricted awards | 3,631 | | | | | Diluted - Weighted average number of common shares outstanding | 259,583 | | | | | Earnings Per Share - Diluted | $ | 0.09 | | | | | Anti-dilutive: | | | Class A Shares to settle deferred acquisition obligations | 6,423 | | | | | |
The following table presents the computations of basic and diluted earnings per share for the nine months ended September 30, 2025 (amounts in thousands, except per share amounts): | | | | | | | Nine Months Ended September 30, | | 2025 | | Earnings Per Share - Basic | | | Numerator: | | | Net income | $ | 13,804 | | | | | Net loss attributable to Class C shareholders | 6,637 | | | Net income attributable to other equity interest holders | (4,000) | | | Net loss attributable to noncontrolling and redeemable noncontrolling interests | $ | 2,637 | | | | | Net income attributable to Stagwell Inc. common shareholders | $ | 16,441 | | | | | Denominator: | | | Weighted average number of common shares outstanding | 210,139 | | | Earnings Per Share - Basic | $ | 0.08 | | | | | Earnings Per Share - Diluted | | | Numerator: | | | Net income attributable to Stagwell Inc. common shareholders | $ | 16,441 | | | Net loss attributable to Class C shareholders | (6,637) | | $ | 9,804 | | | | | Denominator: | | | Basic - Weighted average number of common shares outstanding | 210,139 | | | Dilutive shares: | | | Class C Shares | 52,216 | | | Stock appreciation rights and restricted awards | 4,418 | | | 56,634 | | | Diluted - Weighted average number of common shares outstanding | 266,773 | | | | | Earnings Per Share - Diluted | $ | 0.04 | | | | | Anti-dilutive: | | | Class A Shares to settle deferred acquisition obligations | 6,163 | | | | | |
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