DFIN 2017 Annual Report

PEER PERFORMANCE TABLE The following graph compares the cumulative total shareholder return on Donnelley Financial’s common stock from October 3, 2016, when “regular way” trading in Donnelley Financial’s common stock began on the NYSE, through December 31, 2017, with the comparable cumulative return of the Standard & Poor’s (“S&P”) SmallCap 600 Index and a selected peer group of companies. The comparison assumes all dividends have been reinvested and an initial investment of $100 on October 3, 2016. The returns of each company in the peer group have been weighted to reflect their market capitalizations. The stock price performance on the following graph is not necessarily indicative of future stock price performance. $60 $80 $100 $120 $140 10/3/2016 12/31/2017 12/31/2016 Comparison of Cumulative Total Return Among Donnelley Financial Solutions, the S&P SmallCap 600 Index, and a Peer Group Donnelley Financial Solutions S&P SmallCap 600 Index Peer Group Base Period 10/3/2016 Quarter Ended Year Ended Company Name/Index 12/31/2016 12/31/2017 Donnelley Financial Solutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 100.04 84.85 S&P SmallCap 600 Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 111.52 126.28 Peer Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 99.84 121.78 Below are the specific companies included in the peer group. Peer Group Companies Acxiom Corp ePlus Inc Advisory Board Company (a) Euronet Worldwide Inc ARC Document Solutions Inc FactSet Research Systems Inc. Bottomline Technologies Inc Gartner Inc Broadridge Financial Solutions Inc Henry (Jack) & Associates Inc. CoreLogic Inc Perficient Inc CSG Systems International Inc. Resources Connection Inc DST Systems Inc. Verint Systems Inc Dun & Bradstreet Corp (a) Advisory Board Company was included through November 17, 2017, when it was acquired by OptumInsight 22