TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo February 12, 2024 Frank Lanuto Chief Financial Officer Stagwell Inc. One World Trade Center, Floor 65 New York, NY 10007 Re: Stagwell Inc. Form 10-K for Fiscal Year Ended December 31, 2022 File No. 001-13718 Dear Frank Lanuto: We have completed our review of your filing. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Sincerely, Division of Corporation Finance Office of Trade & Services