HOULIHAN LOKEY, INC.

HOULIHAN LOKEY, INC. is a global independent investment bank established in 1972. The company specializes in mergers and acquisitions (M&A), capital markets, financial restructurings, liability management, and financial and valuation advisory services. It serves a diverse client base globally, including corporations, financial sponsors, and government agencies. HOULIHAN LOKEY, INC. operates through three business segments: 1. **Corporate Finance (CF)**: This segment encompasses M&A and capital solutions. 2. **Financial Restructuring (FR)**: This segment includes restructurings conducted both out-of-court and within formal bankruptcy or insolvency proceedings. 3. **Financial and Valuation Advisory (FVA)**: This segment provides financial opinions and various valuation and financial consulting services. The company markets its services through its product areas, industry groups, and Financial Sponsors group. HOULIHAN LOKEY, INC. focuses on advisory products and market segments where its expertise is differentiating and less prone to conflicts of interest from non-advisory products and services. It does not engage in lending, securities sales and trading, or investment research.