CW 2020 Annual Report

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Some of the statements under “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and elsewhere in this Annual Report may contain forward-looking statements that reflect our current views with respect to, among other things, future events, results and financial performance, which are intended to be covered by the safe harbor provisions for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts, and you can often identify these forward- looking statements by the use of forward-looking words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” “target,” “projects,” “forecasts,” “shall,” “contemplates” or the negative version of those words or other comparable words. Any forward-looking statements contained in this Annual Report are based upon our historical performance and on our current plans, estimates and expectations in light of information currently available to us. The inclusion of this forward-looking information should not be regarded as a representation by us, that the future plans, estimates or expectations contemplated by us will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business, prospects, growth strategy and liquidity. Accordingly, there are or will be important factors that could cause our actual results to differ materially from those indicated in these statements. You should not place undue reliance on any forward-looking statements and should consider the following factors, as well as the factors discussed under “Risk Factors” beginning on page 11 [or Item 1A herein]. We believe that these factors include, but are not limited to: • disruptions in general economic, social and business conditions, particularly in geographies or industry sectors that we or our clients serve; • disruptions caused by the coronavirus pandemic to us or our clients due to facility closures, government restrictions or general economic deterioration as a result of measures takes to combat the pandemic; • adverse developments in the credit markets; • our ability to compete globally, or in local geographic markets or service lines that are material to us, and the extent to which further industry consolidation, fragmentation or innovation could lead to significant future competition; • social, political and economic risks in different countries as well as foreign currency volatility; • our ability to retain our senior management and attract and retain qualified and experienced employees; • our reliance on our Principal Shareholders; • the inability of our acquisitions to perform as expected and the unavailability of similar future opportunities; • perceptions of our brand and reputation in the marketplace and our ability to appropriately address actual or perceived conflicts of interest; • the operating and financial restrictions that our 2018 First Lien Credit Agreement and the indenture governing the 2020 Notes impose on us and the possibility that in an event of default all of our borrowings may become immediately payable; • the substantial amount of our indebtedness, our ability and the ability of our subsidiaries to incur substantially more debt and our ability to generate cash to service our indebtedness; • the possibility we may face financial liabilities and/or damage to our reputation as a result of litigation; • our dependence on long-term client relationships and on revenue received for services under various service agreements; • the concentration of business with corporate clients; • the seasonality of significant portions of our revenue and cash flow;

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