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The Adecco Group ?? Annual Report

Our mission is to make the future work

for everyone, ensuring that people across the globe are inspired, motivated, trained and developed to embrace the future of work. To be in environments where they are empowered to thrive, stimulated to succeed and given every chance to make their individual futures better and brighter than ever before.

Our brand ecosystem

Our brandecosystemisakeydifferentiatorintoda y"schangingworldofworkThroughouruniqu eecosystem servicesofourleadingnetworkofbrandsina onestopshopwith theworkforceandcareerneedsofourclientsan dcandidatesatthecentreOurconnectedapproa chprovides ciencyofworkingwithonetrustedHRsolutions partner throughouttheworklifeandeconomiccyclesFr rce transformationtheAdeccoGroupismakingthef utureworkforeveryone

Workforce

SolutionsRecruitmenton

demand

Executive

Recruitment

Professional

Recruitment

Talent

Recruitment

Platform

Professional

SolutionsFreelancer

Marketplace

TotalTalentSolutions

TalentDevelopment&

CareerTransitionUp/Reskilling

Professional

service offering 360
o Our strategic agenda is supported by our four strategic focus areas. Fin d out more on pages ??-?.

Perform

m??It?means?continuing? turns?focused?way?that?we? re?of?outperformance?across? results??not?just?the?outcome?? tation??pricing? a?lean?manufacturing? ?with?urgency?to?improve? the?right?to?invest? entures?

‘PERFORM"

Transform

our?core? d?margins?? sales?to? ?we?are?increasing? re?of?Transform?is? are?establishing? ?economies?of? scale??In???????we?achieved?the?firs t?EUR????million?productivity?

GrowTogether

Read?the?detailed?review?on?page?

Innovate

sses??such?as?Adia?staffing?and? usinesses?such?as?General?Assembly? ther?brands?and?leverage?workforce? in?our?industry??disrupting?it?from?the? ions?with?the?best?of?tech??and? distribution?

New?Ventures

Read?the?detailed?review?on?page?

Workplaces worldwide are changing, so it"s

time to push against traditional ways of thinking.

There"s no longer a norm to conform to.

Whatever our business, whatever our sector, we

must look to the future and be ready to rise to the challenges. We must familiarise ourselves with the workplace landscape ahead and start building the foundations of the organisational changes it may demand, and the opportunities it?will offer. ...for clients page 15...for candidates page 30 ...for society page 56Company report

MessagefromtheChairandCEO

highlights

TheAdeccoGroupataglance

CEO"sstrategicreview

Perform

Transform

Innovate

TheBrandEcosystem

Globalmegatrends

Ourbusinessmodel

Ourstrategicfocusareas

Riskmanagementandprincipalrisks

Ourpeople

Materialfactors

TheFoundation

Operatingandfinancialreview

Investorrelationsinformation

Corporate Governance

ApplicableCorporateGovernancestandards

Structureshareholdersandcapital

BoardofDirectorsandExecutiveCommittee

FurtherinformationRemuneration

Introduction

Remunerationgovernance

Remunerationphilosophyandprinciples

Remunerationstructure

BoardandExecutiveCommittee

Financial statements

TheAdeccoGroup

Selectedfinancialinformation

Consolidatedfinancialstatements

ReportoftheStatutoryAuditoronthe

ConsolidatedFinancialStatements

AdeccoGroupAGHoldingCompany

FinancialStatements

ReportoftheStatutoryAuditor

ontheFinancialStatementsAdditional Information

NonUSGAAPinformationandfinancialmeasures

History

Keyfigures

Addresses

We are making the

future work... ...for our people page 46

The Adecco Group

???? Annual Report?

Leveraging

opportunities in a changing world of work

The Adecco Group

???? Annual Report ??was?a?year?of?significant?strategic? progress?and?also?some? challenges?On?the?one?hand?our?teams?in? the?vast?majority?of? the?Group"s?digital? r? ?also?strengthened? ral?Assembly?and? breadth?and?depth? her?hand?it?was?a?year?in? ficult?and?in? erger?of?the? as??trading?days? adjusted?slowing?from??in?H?to? zero?in?H??as?a?result?of?a?material? excluding? vestment?in?our?New?

Ventures?declining??basis?points?to?

?Nevertheless?the? supported?by? and?ended?the? making?significant? million?to?shareholders

Investing in our digital transformation

olutions?every?year? helping?more?than??million?people?find? employment?opportunities? supporting?more?than??organisati ons?across??countries? s?in?the?industry? o? antly?striving? ?and?the?world?of work?changes ?of?the?‘traditional"? job?ie?an?openended?contract?with?a? single?employer?is?becoming? ?and?employers?At?the? gap?widens?between?the?skills? ds?These?trends? and?present?numerous? opportunities?To?capitalise?on?them?in?? ?we?embarked?on?a?major? ?While?impacting?our? results?in?the?short?term? ???EBITA ?margin?excluding?oneoffs? ategic?investments? ?it?is? ss?for?longterm?success ?our?core?operations? ?deploying?new? ots?to?both? and?candidate? elivering?real? ?in???and?an? additional?EUR??million?anticipated?in?? ring???we?added? now?includes?leading? ruitment?freelance? attractive?adjacent? both?the?online? and?offline?leader?in?HR?solutions

Leveraging our scale

digital?becomes? players?such?as?the? s?the?business? creates?new? ect?smaller?players? d?encourage?organic?

Returning capital to shareholders

free?cash?flow?quotesdbs_dbs5.pdfusesText_9

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