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Evercore ISI Recognized as the Top Ranked Independent Firm in U.S. Equity Research

NEW YORK, October 21, 2020 – For the seventh consecutive year, Evercore ISI was recognized as the top ranked independent research franchise in Institutional Investor’s All-America Equity Research survey. Evercore ISI held its weighted #2 rank among all firms for analysts, a measure that applies the greatest weight to the highest ranked individuals in each category. Ed Hyman, Evercore ISI’s founder and Chairman, was awarded the #1 position in Economics, a recognition he has earned 40 times. David Raso, who covers Machinery, Engineering and Construction, was ranked #1 for the 20th time. In addition, Umer Raffat, Evercore ISI’s Pharmaceuticals and Large-Cap Biotech analyst, was named to II’s Hall of Fame having received ten #1 positions over the years. In all, Evercore ISI claimed a Firm record 39 individual positions and 36 team positions. The 2020 All-America Research Team reflects the opinions of 3,667 investment professionals from almost 1,500 asset management firms and institutions, according to the magazine. Ed Hyman said, “I am thrilled with the results of this year’s survey and cannot thank our team enough for their hard work, creativity and dedication to our clients. I am honored to be part of this extraordinary team effort and thankful for the continued support of our clients.” Marc Harris, Evercore ISI Director of Research, added, “Each year, the market for research services becomes more competitive and this year was no exception. The need for research in a volatile and fast-paced environment is more important than ever, and our analysts were able to provide valuable insights to our institutional clients. Our team is steadfast in delivering the very highest quality independent thinking that aligns with our clients’ needs.” CEO of Evercore ISI, Mike Paliotta, said, “I have consistently witnessed our team’s commitment to independent thinking and excellence. Our success starts with great research content and is enhanced by our sales and trading teams, who add value through their strong relationships and deep client connectivity. We appreciate this client recognition and remain committed to making selective, strategic investments to continue our tradition of delivering the differentiated products and services that our clients expect of us.” “In a year marked by a global pandemic and an economic downturn, we are seeing increased demand for both our macro and fundamental research by not only our institutional investor clients, but also our corporate clients,” said John Weinberg, Evercore’s Co-Chairman and Co-Chief Executive Officer. “We thank our clients for this tremendous recognition and partnership.” Ralph Schlosstein, Evercore’s Co-Chairman and Co-Chief Executive Officer, added, “Our independent, world class research capabilities add to our ability to best serve our corporate, institutional investor and high net worth clients in all market environments. We look forward to continuing to help them with their most important investment decisions.”

First Team

Analyst Jonathan Chappell Krishna Guha Ed Hyman Stephen Kim C.J. Muse Umer Raffat Umer Raffat Umer Raffat David Raso Stephen Richardson Richard Ross Josh Schimmer Analyst Sector Shipping Washington Research Economics Homebuilders & Building Products Semiconductors & Semiconductor Capital Equipment Biotechnology/Large-Cap Pharmaceuticals/Major Pharmaceuticals/Specialty Machinery, Engineering & Construction Oil & Gas Exploration & Production Technical Analysis Biotechnology/Mid- & Small- Cap

Second Team Sector Analyst David Palmer Duane Pfennigwerth Oscar Sloterbeck Analyst Sarah Bianchi Amit Daryanani Dennis DeBusschere Dennis DeBusschere Vijay Jayant Vijay Kumar Vijay Kumar S. Kirk Materne III Chris McNally Robert Ottenstein Omar Saad Josh Schimmer Oscar Sloterbeck David Togut

Third Team Sector Restaurants Airlines Economics Runner-Up Sector Washington Research IT Hardware & Electronics Manufacturing Services Quantitative Research Thematic Research Media Life Science & Diagnostic Tools Medical Supplies & Devises Software Autos & Auto Parts Beverage, Household & Personal Care Products Retailing/Department Stores & Specialty Softlines Thematic Research Thematic Research Payments, Processors & IT Service

Dennis DeBusschere Dennis DeBusschere Thomas Gallagher Greg Melich John Pancari Steve Sakwa Glenn Schorr Glenn Schorr Doug Terreson James West About Evercore Equity-Linked Strategies Portfolio Strategy Insurance/Life Retailing/Broadlines & Hardlines Banks/Mid-Cap REITs Brokers, Asset Managers & Exchanges Banks/Large-Cap Integrated Oil Oil Services & Equipment Evercore (NYSE: EVR) clients achieve superior results through trusted independent and innovative advice on matters of strategic significance to boards of directors, management teams and shareholders, including mergers and acquisitions, strategic shareholder advisory, restructurings, and capital structure. Evercore also assists clients in raising public and private capital and delivers equity research and equity sales and agency trading execution, in addition to providing wealth and investment management services to high net worth and institutional investors. Founded in 1995, the Firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in the Americas, Europe, the Middle East and Asia. For more information, please visit www.evercore.com. Investor Contact: Hallie Elsner Miller Head of Investor Relations is a premier global independent investment banking advisory firm. We are dedicated to helping our

Business Contact: Media Contact: +1.917.386.7856 Marc Harris Evercore ISI Director of Research +1.212.653.9048 Dana Gorman Abernathy MacGregor, for Evercore +1.212.371.5999


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