Reaffirms Full Year 2025 Guidance of $460–$465 Million in Revenue and $122.5–$127.5 Million in Adjusted EBITDA (Form 8-K)

Reaffirms Full Year 2025 Guidance of $460-$465 Million in Revenue and $122.5-$127.5 Million in Adjusted EBITDA

NEW YORK, NY. (December 16, 2025) - Emerald Holding, Inc. (NYSE: EEX) ("Emerald" or the "Company") announced that it has begun a review of potential strategic options following inquiries regarding a possible acquisition of the Company. Goldman Sachs & Co. LLC is acting as lead financial advisor to the Company in connection therewith.

Emerald's Board of Directors, in accordance with their fiduciary duties, is reviewing these options.

Hervé Sedky, Emerald's President and Chief Executive Officer, said, "Emerald's disciplined execution and resilient business model continue to reinforce our position as a scaled, insights-driven B2B events platform built for durable, long-term growth. This is reflected in our reaffirmed full-year guidance and solid pacing into 2026, showing sustained customer confidence across our portfolio."

"The inquiries we've received from multiple parties underscore the market's recognition of the value we've created and the essential role live events play in driving connection, innovation, and commerce across the industries we serve. Our Board is taking a thoughtful, proactive approach to evaluating these as part of its responsibility to maximize shareholder value. As we do so, we remain focused on our strategy, our mission, and delivering exceptional experiences for our employees, customers, and partners."

There is no assurance that any transaction will occur as a result of this review of options, and Emerald's Board of Directors does not expect to provide updates regarding this review until an agreement is reached, or the review is otherwise completed.

In connection with this announcement, Emerald is reaffirming its Full Year 2025 guidance of $460-$465 million in Revenue and $122.5-$127.5 million in Adjusted EBITDA.

About Emerald:

Emerald Holding, Inc. (NYSE: EEX) is the largest U.S.-based B2B event organizer, empowering businesses year-round by expanding meaningful connections, developing influential content, and delivering powerful commerce-driven solutions. As the owner and operator of a curated portfolio of B2B events spanning trade shows, conferences, B2C showcases and a scaled hosted buyer platform, Emerald also delivers dynamic solutions across leading industries through its robust content and e-commerce marketplace. Emerald is a trusted partner for its thousands of customers, predominantly small and medium-sized businesses, playing a pivotal role in driving ongoing commerce through streamlined buying, selling, and networking opportunities. Powered by an experienced team, Emerald is fostering impactful engagement and delivering unparalleled market access with a commitment to driving business growth 365 days a year.

Non-GAAP Financial Measures