2018 Guide to Effective Proxies

6 TH EDITION | GUIDE TO EFFECTIVE PROXIES 296 Executive Summary Business Overview FTI Consulting is organized into five business segments, each a global leader for one simple reason: our steadfast commitment to having a tangible, positive impact on how our clients confront and manage change and risk. Corporate Finance & Restructuring 27% Revenue (1) Focuses on strategic, operational, financial and capital needs of businesses, addressing financial and transactional challenges faced by companies, boards, private equity sponsors, creditor constituencies and other stakeholders Forensic and Litigation Consulting 26% Revenue (1) Complete range of multidisciplinary, independent dispute advisory, investigative, data acquisition/ analysis and forensic accounting services Economic Consulting 27% Revenue (1) Analysis of complex economic issues, helping clients with legal, regulatory and international arbitration proceedings, strategic decision making and public policy debates Technology 10% Revenue (1) Leading provider of software and consulting services for e-discovery and information management, assisting clients with internal, regulatory and global investigations, early case assessment, litigation and joint defense, antitrust and competition investigations Strategic Communications 10% Revenue (1) Integrated suite of services, including financial communications, corporate reputation, transaction communications and public affairs in all the major markets around the world (1) Revenue percentage based on consolidated Company full year 2017 revenues Strategic Transformation In 2014, we embarked on a transformational process to change the focus of the Company from one where our business segments were largely siloed and we were primarily an acquisition-driven company to a more integrated organic growth focused company. To effect this transformation, our Board brought on our CEO, Steven H. Gunby, who subsequently assembled a talented leadership team that has implemented structural and reporting frameworks that are necessary to ensure consistency and discipline in a business where talent management, retention and development are critical. We have made significant progress on this transformation — as demonstrated by delivering earnings per diluted share (“GAAP EPS”) and adjusted earnings per diluted share (“Adjusted EPS”) growth of 91% and 41%, respectively, over the last three years. During this same period, we reduced our total debt from $711.0 million in 2014 to $400.0 million as of December 31, 2017 while returning $216 million to shareholders through the repurchase and retirement of 5,976,363 shares of common stock at an average price per share of $36.14. Excluding the estimated negative impact of foreign currency translation (“FX”), we also achieved record revenues each year since 2014. Today, we remain focused on our strengths: strong people with diverse and definitive expertise, strong positions across a global footprint, and strong cash flows. See “footnote (2) on page 31” for a discussion of the financial measures referred to in this CD&A that have not been prepared in accordance with Generally Accepted Accounting Principles in the United States (“GAAP”) used by the Company for financial reporting or NEO annual incentive pay (“AIP”) purposes. Strategic Imperatives Our long-term strategic priorities are as follows: • Leading a global business advisory firm with strong people and strong positions : corporations, law firms and governments come to us when there is a critical need • Growing organically with an emphasis on profitable revenue growth • Committing to build a profitable business with sustainable underlying growth , regardless of economic conditions • Investing EBITDA in key growth areas where we have a right to win • Focusing on returning capital to our shareholders through strong cash flow generation , which allows for financial flexibility and a healthy balance sheet • Moving down a path where we believe we can produce sustained double-digit Adjusted EPS growth over time 30 FTI CONSULTING, INC.