{
  "docId": "019de074-6f13-7677-b99f-8b34cf7200b0",
  "docSlug": "798de215629e9c4daec5e95cac057629",
  "documentTitle": "Advantage Solutions | Investor Presentation Deck | 27 slides",
  "authorId": "advantage-solutions",
  "authorName": "Advantage Solutions",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-03-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 18,
  "pageCount": 27,
  "prevPage": 17,
  "nextPage": 19,
  "slideType": "other",
  "function": "plan_implementation",
  "density": "overcrowded",
  "nDataPoints": 4,
  "notes": "Uses a four-column layout to define strategic financial pillars.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de074-6f13-7677-b99f-8b34cf7200b0/18",
  "deckHref": "/decks/019de074-6f13-7677-b99f-8b34cf7200b0",
  "deckJsonHref": "/decks/019de074-6f13-7677-b99f-8b34cf7200b0.json",
  "deckAnchorHref": "/decks/019de074-6f13-7677-b99f-8b34cf7200b0#slide-18",
  "components": [
    {
      "bbox": {
        "h": 0.08,
        "w": 0.91,
        "x": 0.05,
        "y": 0.77
      },
      "kind": "callout",
      "text": "Advantage is focused on de-leveraging balance sheet and any M&A activities should not be adverse to the balance sheet or impact debt metrics",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7f31999c-8baa-4280-be2e-28a0a54257c9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.85,
        "x": 0.05,
        "y": 0.93
      },
      "kind": "disclaimer",
      "text": "(1) Net debt is a non-GAAP financial measure and includes Other Debt of approximately $6M. For a reconciliation of net debt to total debt, the most directly comparable GAAP counterpart, please see the appendix attached hereto.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ce169245-4109-4a97-aa4e-086b3e0c3d5b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.22,
        "x": 0.51,
        "y": 0.2
      },
      "kind": "list",
      "text": "M&A Opportunities: Any M&A activities should not be adverse to the balance sheet or impact debt metrics. No acquisitions completed since August 2022. Disciplined long-term approach.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "26f9e9a5-fbf8-4e40-914e-8adeb8cda76e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.22,
        "x": 0.05,
        "y": 0.2
      },
      "kind": "list",
      "text": "De-lever Balance Sheet: Expect to steadily de-lever balance sheet beginning in 2023 via cash accumulation. Current leverage: 4.5x net debt to LTM September Adjusted EBITDA.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cef5f30e-5247-459a-bdb1-eb6219d330f1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.22,
        "x": 0.74,
        "y": 0.2
      },
      "kind": "list",
      "text": "Share Repurchases: Opportunistically repurchase shares with available cash. $100M Open Share Repurchase Authorization; $13M repurchased through Q4 2022.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e506b9a2-4fa1-4c7e-b11b-78c2d07245e5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.22,
        "x": 0.28,
        "y": 0.2
      },
      "kind": "list",
      "text": "Organic Growth & Investment: Investing in recruiting and retention, executing critical activities, enhancing analytic support for HQ Sales and technology for Retail teams.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "eec1ea56-4163-4304-96b6-78d95cedd349",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.45,
        "x": 0.05,
        "y": 0.07
      },
      "kind": "title",
      "text": "CAPITAL ALLOCATION PRIORITIES",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b6df6520-2404-4dd6-95ed-032996f501a8",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "capital-allocation-framework",
      "slug": null,
      "matchId": "24e06c28-c4b0-4d0c-bd75-cd4b0f54fe88",
      "evidence": "The slide explicitly categorizes financial priorities into four distinct pillars.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}