 New Proposal with Improved Financial Terms Provides Increased Value for MDC Shareholders, Further Enhanced Governance and Offers Best Chance to Create Global Modern Marketing Company with Near- and Long-Term Growth Prospects Special Committee Recommends Shareholders Vote FOR the Amended Transaction New Meeting Date Set for July 26, 2021 NEW YORK, July 9, 2021 PRNewswire -- NASDAQ: MDCA MDC Partners Inc. MDC or the Company announced today that the Special Committee of MDCs Board of Directors the MDC Special Committee, working with its independent legal and financial advisors, has completed its evaluation of the revised offer from Stagwell Media LP Stagwell and reached an agreement on amended terms the Amendment for the business combination of the Company and certain operating businesses of Stagwell the Transaction. The Amendment was unanimously recommended by the MDC Special Committee and unanimously approved by MDCs Board of Directors other than the interested directors. 