SEC Schedule, Article 12-09, Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2022

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

For the Three Years Ended December 31,

(dollars in thousands)

Column A	Column B		Column C		Column D		Column E		Column F
Description	Balance at Beginning of Period		Charged to Costs and Expenses		Removal of Uncollectible Receivables		Translation Adjustments Increase (Decrease)		Balance at the End of Period
Valuation accounts deducted from assets to which they apply – allowance for doubtful accounts:
December 31, 2022	$	5,638	$	7,755	$	(2,908)	$	(116)	$	10,369
December 31, 2021	5,109		2,037		(1,482)		(26)		5,638
December 31, 2020	2,777		6,222		(3,907)		17		5,109

Schedule II — 2 of 2

STAGWELL INC. & SUBSIDIARIES

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

For the Three Years Ended December 31,

(Dollars in Thousands)

Column A	Column B		Column C		Column D		Column E		Column F
Description	Balance at Beginning of Period		Charged to Costs and Expenses		Other		Translation Adjustments Increase (Decrease)		Balance at the End of Period
Valuation accounts deducted from assets to which they apply – valuation allowance for deferred income taxes:
December 31, 2022	$	5,825	$	2,760	$	3,638	$	—	$	12,223
December 31, 2021	5,551		(15)		289		—		5,825
December 31, 2020	2,945		2,606		—		—		5,551