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Exhibit 21
Subsidiaries of Registrant
Entity                                     Jurisdiction of Organization
6 AM Strategies LLC
Delaware
72 Consulting LLC
Delaware
72andSunny NL B.V.
Netherlands
72andSunny Partners, LLC
Delaware
72andSunny Pte. Ltd.
Singapore
72andSunny Pty Ltd
Australia
7thfl LLC
Delaware
7thfl LP
Canada
7thfl, LTD
United Kingdom
A-Alliance LLC
Delaware
A-Alliance UK Ltd
United Kingdom
ACE Content, LLC
Delaware
Ace Dev Fund LLC
Delaware
Activista LLC
Delaware
Advanced Media Platforms LLC
Delaware
Adwired Media Intelligence S.R.L.
Romania
Ahteed LLC
Delaware
Allegory LLC
Delaware
Allison & Partners (Thailand) Limited
Thailand
Allison & Partners Holdings (Thailand) Limited
Thailand
Allison & Partners LLC
Delaware
Allison and Partners K.K.
Japan
Allison Kommunikation GmbH
Germany
Allison Partners Limited
Hong Kong
Allison PR (Beijing) Limited
China
Allison+Partners Singapore Pte Ltd
Singapore
Allison+Partners UK Limited
United Kingdom
American Voice LLC
Delaware
Anomaly (Shanghai) Advertising Co., Ltd.
China
Anomaly B.V.
Netherlands
Anomaly GmbH
Germany
Anomaly Inc.
Canada
Anomaly London LLP
United Kingdom
Anomaly Partners LA LLC
Delaware
Anomaly Partners LLC
Delaware
Anomaly UK Limited
United Kingdom
Another Anomaly NY LLC
Delaware
Apollo Program II, Inc.
Delaware
Apollo Program LLC
Delaware
Ares Media, LLC
Delaware
Around AR LLC
Delaware



ASM-Global Australia Pty Ltd
Australia
Assembly Global MEA FZ-LLC
United Arab Emirates
Assembly Korea Co. Ltd
Korea, Republic Of
Assembly Poland sp.zoo
Poland
Bera.AI LLC
Delaware
Berbenno sp. zoo
Poland
Blue Wall Mail LLC
Delaware
BNG MEA FZ-LLC
United Arab Emirates
Brand Performance Network LLC
Delaware
Bruce Mau Design (USA) LLC
Delaware
Business Traveler LLC
Delaware
Business Traveller Media Limited
United Kingdom
Code and Theory LLC
New York
Code and Theory London Limited
United Kingdom
Code and Theory South America LLC
Delaware
Colle & McVoy LLC
Delaware
Collect Understand & Engage LLC
Delaware
Common (Shanghai) Market Research Co., Ltd.
China
Consulum (Cayman) Limited
Cayman Islands
Consulum Africa (Pty) Ltd
South Africa
Consulum Bahrain CO W.L.L.
Bahrain
Consulum Consulting Services LLC SPC
United Arab Emirates
Consulum FZE
Dubai
Consulum KSA SPC
Saudi Arabia
Consulum Malaysia SDN. Bhd.
Malaysia
Consulum Regional Head Quarter
Saudi Arabia
Consulum UK Limited
United Kingdom
Content Management Corporation
Delaware
Content Management Corporation
Canada
Core Stagwell LLC
Delaware
CP+B - Crispin Porter & Bogusky Brasil Publicidade e Participacao Ltda.
Brazil
CPG Film Production Services LLC
Dubai
Create Group Holding Limited
United Arab Emirates
Create Media Group FZ-LCC (KSA Registered Branch)
Saudi Arabia
Create Media Group FZ-LLC
United Arab Emirates
Create Media Services DMCC
Dubai
Create Media Services LLC
Saudi Arabia
Creative Optimization LLC
Delaware
Crispin LLC
Texas
Crispin Porter & Bogusky (Hong Kong) Limited
Hong Kong
Crispin Porter & Bogusky LLC
Delaware
Digital Canvass Targeting & Turnout LLC
Delaware
Doner Partners LLC
Delaware
Doner Partners Network LLC
Delaware
Doner Partners Network LP
Canada
DonerNorth LP
Canada



Dyversity Communications Inc.
Canada
Emerald Research Group LLC
Delaware
eSubstance Limited
United Kingdom
Forsman & Bodenfors AB
Sweden
Forsman & Bodenfors Canada LP Forsman & Bodenfors Canada SEC
Canada
Forsman & Bodenfors Inhouse AB
Sweden
Forsman & Bodenfors LLC
Delaware
Forsman & Bodenfors London Ltd
United Kingdom
Forsman & Bodenfors Pte. Ltd.
Singapore
Forward 3D BV
Netherlands
Forward 3D for Advertisement Saudi Limited
Saudi Arabia
Forward 3D Group Limited
United Kingdom
Forward 3D Holdings Limited
United Kingdom
Forward 3D Hong Kong Limited
Hong Kong
Forward 3D Japan KK
Japan
Forward 3D Limited
United Kingdom
Forward 3D Limited (Spain)
Spain
Forward 3D Ltd (Germany)
Germany
Forward 3D Ltd (Paris Branch Office)
France
Forward 3D Ltd (Taiwan)
Taiwan
Forward 3D Singapore PTE
Singapore
Forward Internet Group (Shanghai)
China
Forward3D DMCC
United Arab Emirates
Forward3D for Marketing Consultancy
Egypt
ForwardPMX Group LLC
Delaware
Future of News LLC
Delaware
Gale Creative Agency Private Limited
India
Gale Partners Inc.
Canada
Gale Partners LLC
Delaware
Gale Partners LP
Canada
Gobeyond Studios, Inc.
Philippines
Goodstuff Holdings Limited
United Kingdom
Grason Agency Group LLC
Delaware
Grason Agency HK Ltd.
Hong Kong
Grason Agency LLC
Delaware
Grason Korea Co., Ltd.
Korea, Republic Of
Happy Forsman & Bodenfors AB
Sweden
Harris Insights and Analytics LLC
Delaware
Harris Poll Canada Inc.
Canada
Harris Poll US LLC
Delaware
HarrisX LLC
Delaware
Hecho Studios LLC
Delaware
Hecho Studios Pte. Ltd.
Singapore
Holy Grail SP LLC
Delaware
HPR Partners, LLC
Delaware
Hunter Public Relations UK Limited
United Kingdom



Impact Response Lab LLC
Delaware
In the Company of Huskies Limited
Ireland
Ink Do Brasil Consultancy & Marketing Services LTD
Brazil
Ink Publishing (HK) LTD
Hong Kong
Ink Publishing (PTE) Limited
Singapore
Ink Publishing Advertising (Shanghai Co LTD)
China
Ink Publishing Corporation
Delaware
In-Pulse sp zoo
Poland
Instrument LLC
Delaware
Instrument Wizard Wizard LLC
Oregon
IR Oldco LLC
Delaware
Jasper Advisors Group LLC
Delaware
Jemini Consultancy LLC
Oregon
JetFuel Studio LLC
New York
KBP Holdings LLC
Delaware
KBS (Hong Kong) Limited
Hong Kong
KBS (Shanghai) Advertising Co., Ltd.
China
KBS+P Ventures LLC
Delaware
Kenna Communications LP
Canada
Kettle Solutions, LLC
New York
KIS Information Services SRL
Barbados
Kreate Many Limited
United Kingdom
Kwittken & Company Limited
United Kingdom
KWT Global LLC
Delaware
KWT Global Ltd.
United Kingdom
L.D.R.S Group Ltd
Israel
Laurie, Foard & Wheeler Limited
Hong Kong
Laurie, Foard + Wheeler LLC
Delaware
LDRS Group LLC
Delaware
Learning to Fly, LLC
Delaware
Left Field Labs, LLC
California
Legend PR Partners LLC
Delaware
Lissted Limited
United Kingdom
LLC Locaria Ukraine
Ukraine
Locaria Canada Inc.
Canada
Locaria Group LLC
Delaware
Locaria Limited
United Kingdom
Locaria Ltd (Spain)
Spain
Locaria NL BV
Netherlands
Locaria SRL de CV
Mexico
Many Makers Limited
United Kingdom
Maru Group Inc.
Delaware
Maru Group Limited
United Kingdom
Maru Group US Inc.
Delaware
Maru/Blue UK Limited
United Kingdom
Maru/EDR Canada Inc.
Canada



Maru/edr Limited
United Kingdom
Maru/EDR US LLC
Delaware
Maru/TU Cuentas, LLC
Delaware
Maru/Usurv Limited
United Kingdom
Maxxcom (Barbados) Inc.
Barbados
Maxxcom (USA) Holdings LLC
Delaware
Maxxcom LLC
Delaware
MDC Acquisition LLC
Delaware
MDC Corporate (US) LLC
Delaware
Mediacurrent Interactive Solutions, LLC
Georgia
Meridian Performance Group LLC
Delaware
MessageBridge LLC
Delaware
MG Latin America SRL
Argentina
Midas Corporate Holdco (US) Inc.
Delaware
Mono Advertising, LLC
Delaware
Movers and Shakers LLC
Nevada
MRB4USA Holdings LLC
Delaware
MRB4USA LLC
Delaware
Multi-View Holdings Inc.
Delaware
Multi-View, Inc.
Texas
MVMNT LLC
Delaware
National Research Group, Inc.
California
New Team LLC
Delaware
Nine One Six LLC
Delaware
Northstar Research GP LLC
Delaware
Northstar Research Holdings USA LP
Delaware
Northstar Research Partners (UK) Limited
United Kingdom
Northstar Research Partners (USA) LLC
Delaware
Northstar Research Partners Inc. (ON)
Canada
OneChocolate Communications Limited
United Kingdom
Pathfinder23 Berbenno sp. zoo
Poland
PMX Agency LLC
Delaware
Polar Bear Development SRL
Argentina
Powered by Jetfuel LLC
New York
Premier Supply Partners LLC
Delaware
Pros Agencia De Comunicacao Ltda
Brazil
Ramenu S.A.
Uruguay
Redscout LLC
Delaware
Repdef Holdings LLC
Delaware
Rhythm Interactive LLC
Delaware
Search Agency Performance Marketing India Private Limited
India
Sidekick Live Limited
United Kingdom
SKDK Profits Interest LLC
Delaware
SKDKnickerbocker LLC
Delaware
Sloane & Company LLC
Delaware
SMC International Holdings LLC
Delaware



Source Marketing LLC
New York
Sport Beach LLC
Delaware
Stagwell APAC Pte. Ltd.
Singapore
Stagwell Canada GP Inc.
Canada
Stagwell Creative Content & Media LLC
Delaware
Stagwell Digital Products LLC
Delaware
Stagwell Global LLC
Delaware
Stagwell Government LLC
Delaware
Stagwell Holdco Canada Inc.
Canada
Stagwell House LLC
Delaware
Stagwell Inc.
Delaware
Stagwell Italy S.R.L.
Italy
Stagwell Market Research LLC
Delaware
Stagwell Marketing Cloud LLC
Delaware
Stagwell Marketing Communications LLC
Delaware
Stagwell Marketing Group Holdings LLC
Delaware
Stagwell Marketing Group LLC
Delaware
Stagwell Marketing Malaysia Sdn Bhd
Malaysia
Stagwell Marketing Spain, SL
Spain
Stagwell Media (NRG) UK Limited
United Kingdom
Stagwell Media Platform Limited
United Kingdom
Stagwell Media Platform LLC
Delaware
Stagwell Partnership Holdings Inc.
Delaware
Stagwell Performance Marketing & Digital Transformation LLC
Delaware
Stagwell Performance Marketing Inc.
Delaware
Stagwell Performance Marketing Management LLC
Delaware
Stagwell Productions LLC
Delaware
Stagwell QR Code Platform LLC
Delaware
Stagwell Team P&G LLC
Delaware
Stagwell Technologies, Inc.
Delaware
Stagwell U.K. Limited
United Kingdom
Storyline Strategies LLC
Delaware
Studio Cypher Limited
United Kingdom
Sundae Collective LLC
Delaware
Syngro Limited
United Kingdom
TargetCast LLC
Delaware
Targeted Communications Global LLC
Delaware
Targeted Holdings LLC
Delaware
Targeted Victory, LLC
Delaware
TEAM LP
Canada
Tentpole Messaging LLC
Delaware
The Arsenal LLC
Delaware
The Arsenal Sports Marketing LLC
Delaware
The People Platform LLC
Delaware
The Search Agency Corporation
Canada
Tinsel Experiential Design LLC
Delaware



TMA Acquisition LLC
Delaware
Trade X Partners LLC
Delaware
Travel Content Limited
United Kingdom
Travel Content LLC
Delaware
Truelogic Software LLC
Delaware
TSGPM IMGT Incentive LLC
Delaware
Ubermetrics Technologies GmbH
Germany
Unicepta Brasil Ltda
Brazil
Unicepta GmbH
Germany
Unicepta Holding GmbH
Germany
Unicepta Information Consulting Ltd
China
Unicepta Suisse AG
Switzerland
Unicepta UK Limited
United Kingdom
Unicepta USA Inc.
Dist. of Columbia
Unlock Surveys Canada Inc.
Canada
Unlock Surveys US LLC
Delaware
UNR Studios LLC
Delaware
Usual Suspects Media LLC
Delaware
Veritas Communications Inc.
Canada
Vitro Partners LLC
Delaware
VitroRobertson LLC
Delaware
Walker Brook Capital LLC
Delaware
Wavelength Strategy LLC
Delaware
WNP 909 SAS
France
WNP Communications SAS
France
WNP Studios SARL
France
WNP What's Next Partners SAS
France
Wolfgang, LLC
Delaware
Wonder Cave LLC
Delaware
Y Media Labs LLC
Delaware
Y Media Labs Private Limited
India
Yamamoto LLC
Delaware
Yeah Totally! LLC
Delaware
Zyman Group, LLC
Delaware