Magnite (MGNI) investor relations material

Introduction and agenda

• Recap of the Cannes week, focusing on industry news, product launches, and key trends in ad tech.

Current industry trends

• Significant focus on agentic and AI-enabled advertising, with wide-ranging opinions on its near-term impact and adoption.

• Streaming and CTV are attracting new demand-side entrants, with performance advertisers and SMBs increasingly leveraging TV as part of their media mix.

• Outcome-based advertising is gaining traction, shifting focus from traditional CPMs to measurable business results.

• Agencies and media owners are integrating data assets and adopting supply-side decisioning and agentic strategies.

• The creator economy is expected to expand into CTV, diversifying content distribution channels.

Innovation and future outlook

• Launch of an orchestration layer with AI capabilities, enabling agentic transactions and interoperability with agency tools.

• Deep integrations with partners like SpringServe and CTV, and new relationships with Viasat and United Airlines for in-flight advertising.

• Anticipation of more open ecosystems, with Walmart Connect moving away from walled gardens to democratize data access.

• M&A activity, such as Walmart's acquisition of Vibe and the Roku-Fox partnership, is expected to drive more advertisers and streaming hours.

• Agentic overlays are streamlining workflows, with future advancements expected in planning, forecasting, and real-time campaign optimization.

• Next Cannes events are predicted to see major AI players like OpenAI and xAI entering the advertising space.