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$ 4 CAPITAL RNS Number : 8698R S4 Capital PLC 10 November 2021 10 November 2021 S4 Capital plc ( " S4Capital " , " the Company " or " the Group " ) Third Quarter Trading Update Like - for - like gross profit / net revenue up over 42 % in third quarter and up almost 47 % year - to - date with two year stacks of 65 % ( Q3 ) and ' 63 % ( YTD ) and continued client conversion at scale • Third quarter Revenue up over 106 % and almost 56 % like - for - like · Third quarter Gross Profit / Net Revenue up almost 92 % and over 42 % like - for - like . Year - to - date Revenue up 101 % and 56 % like - for - like . Year - to - date Gross Profit / Net Revenue up over 91 % and almost 47 % like - for - like · Third quarter like - for - like Revenue and Gross Profit / Net Revenue two year stack up 69 % and 65 % • Year to date like - for - like Revenue and Gross / Net Revenue profit two year stack up 65 % and 63 % As signaled previously , EBITDA and EBITDA margin continue to reflect increasing investment to prioritise top - line growth given success in building our " whopper " client base and structures , as well as emerging service areas and technology platforms to increase efficiency · Liquidity remained strong in the third quarter with the current monthly net debt position fluctuating between £ 20 million and £ 40 million after significant merger payments following launch of € 375 million senior secured term loan issue and £ 100 million revolving credit facility in July Client conversion at scale momentum continues with six " whoppers " now secured and nineteen more potentials identified