Adecco Group Corp

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    May, 2012

    Corporate presentationAugust 2012

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    Content

    Our vision

    Our global reach

    Our strategy

    Our services & solutions

    Our business

    Our corporate social responsibility

    Our results

    Our future perspective

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    Our vision

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    Our vision

    We inspire individuals and organisations to work moreeffectively and efficiently, and create greater choice in the

    domain of work, for the benefit of all concerned. As the

    worlds leading provider of HR solutions a business that

    has a positive impact on millions of people every day we

    are conscious of our global role.

    For more information:

    www.adecco.com/en-US/About/Pages/default.aspx

    http://www.adecco.com/en-US/About/Pages/default.aspxhttp://www.adecco.com/en-US/About/Pages/default.aspxhttp://www.adecco.com/en-US/About/Pages/default.aspxhttp://www.adecco.com/en-US/About/Pages/default.aspx
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    Our global reach

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    We help over700,000 people find work

    every day through our network of morethan 33,000 full-time employees and

    over5,500 branches in over60 countries and

    territories around the world.

    The Adecco Group is the worlds leading

    provider of HR solutions. Our services andsolutions fall into the broad categories of

    temporary staffing, permanent placement,

    career transition and talent development as

    well as outsourcing and consulting.

    Adecco Group operates

    in over 60 countries

    and territories worldwide

    Our global reach

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    Our strategy

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    Adecco Group strategyServing individuals and enterprises

    The strategy of the Adecco Group is to be alongside each phase in the life cycle of our

    clients and candidates/associates.

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    Our services & solutions

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    How HR services companies benefit labour markets

    EconomiesAs an HR services company, we turn available work into jobs and thereby

    support economic growth.

    Individuals For individuals, we offer legally recognised and regulated work opportunities,

    facilitate on-the-job training and enhance occupational and geographic mobility.

    Enterprises We provide companies with flexible HR solutions to help them weather peaks

    and troughs in demand, thereby maintaining and increasing their competitiveness.

    We maintain a constant dialogue with clients and workersas well as with societal, governmental and business stake-

    holders to create more and better work opportunities for

    individuals worldwide.

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    Our services & solutions

    For more information:

    www.adecco.com/en-US/BusinessServices/Pages/Overview.aspx

    As the world leader, Adecco offers the full range ofHuman Resources solutions which

    are tailored to meet the evolving needs of our clients and associates.

    We have the capability to provide all these services locally and globally.

    http://www.adecco.com/en-US/BusinessServices/Pages/Overview.aspxhttp://www.adecco.com/en-US/BusinessServices/Pages/Overview.aspxhttp://www.adecco.com/en-US/BusinessServices/Pages/Overview.aspxhttp://www.adecco.com/en-US/BusinessServices/Pages/Overview.aspx
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    Our business

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    Our business linesFY 2011 vs. FY 2010

    Revenues1)

    Revenue growth

    EUR m in %, constant currency

    Office 5,301

    Industrial 10,642

    General Staffing 15,943

    Information Technology2) 2,176

    Engineering & Technical2) 1,009Finance & Legal2) 722

    Medical & Science2) 384

    Professional Staffing2) 4,291

    Solutions2) 311

    Adecco Group2) 20,545

    9

    13

    12

    8

    9

    6

    7

    7

    3

    11

    51%

    23%

    17%

    9%

    1) Breakdown of staffing revenues into Office, Industrial, Information Technology, Engineering & Technical, Finance & Legal and Medical & Science is based on dedicated

    branches. Solutions include revenues from Human Capital Solutions, Managed Service Programmes (MSP), Recruitment Process Outsourcing (RPO) and Vendor

    Management System (VMS). The 2010 information has been restated to conform to the current year presentation.

    2) FY 2011 revenues changed organically in Information Technology by 6%, in Engineering & Technical by 7%, in Finance & Legal by 1%, in Medical & Science by 5%, in

    Professional Staffing by 5%, in Solutions by -6% and Adecco Group by 10%.

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    Administrative / clerical

    Assistance

    Customer service

    Human resources

    Import/export

    Project management

    Purchasing

    Secretarial / PA

    Sales, Marketing & Events

    Adecco Office provides associates with

    serial assignments, ensuring continuity

    in the relationship.

    Skills are enhanced through continuouslearning in challenging projects.

    General staffing OfficeOur activities

    Office

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    General staffing - IndustrialOur activities

    Assembly

    Production

    Machine operation

    Mechanical trades

    Warehousing

    Packaging

    Shipping and receiving

    Our specialised services focuses on different

    industrial sectors where flexibility and

    qualified employees contribute to our

    clients competitiveness, for example:

    Automotive

    Manufacturing/Heavy Industry

    Construction Hospitality

    Transport and Logistics

    Industrial

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    Professional staffing IT and Engineering & TechnicalOur activities

    Sourcing and deploying highly skilled IT specialists

    in mainstream and niche technologies to meet clients

    temporary, permanent and project needs to navigate the

    fast-moving IT landscape.

    Serving clients with structured HR solutions such as

    infrastructure management, testing services, recruitment

    process outsourcing, and multi-language help desk.

    Providing the appropriate skilled engineers and

    technical specialists for temporary, longer-term

    secondment, and work package-based assignments.

    Major sectors of expertise including electronics

    automotive and transportation, energy, oil & gas,

    utilities, medical products, aerospace, chemicals &

    raw materials.

    Engineering & Technical

    Information Technology

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    Professional staffing Medical & ScienceOur activities

    In the field of Medical & Science we recruit and place

    specialised scientific and healthcare professionals. For the

    Pharma and Science sectors our focus includes profiles

    such as:

    Clinical Research Managers/Associates

    Clinical Research Doctors & Nurses

    Regulatory Affairs

    Pharmacists

    Medical Writers

    Laboratory Research Scientists

    Sales & Product Support

    Directors & Department Heads

    In the Healthcare sector our focus includes:

    Doctors

    Nurses

    Therapists

    Pharmacists

    Other Allied Healthcare Professionals

    Medical & Science

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    Professional staffing Finance & LegalOur activities

    Serving our clients across commerce and industry,

    financial services, banking, insurance, public practice,

    law firms and corporate law departments

    Our global network consists of over 200 branch offices

    in 17 countries operating under the following brands:

    Adecco Finance, Ajilon Finance, Ajilon Legal, DIS AG

    Finance, Jonathan Wren and Badenoch & Clark

    Finance & Legal

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    May 2012

    Workforce Management SolutionsOur activities

    Recruitment Process Outsourcing (RPO)

    As a Managed Services Provider, our large multinational

    clients increasingly call on us to manage their contingent

    workforce.

    We can manage your contingent workforce programme,

    programme management, reporting and tracking,

    supplier selection and management, order distribution

    and even consolidated billing.

    As part of our service, we can also provide you with a

    Vendor Management System our market-leading

    solution Beeline - and be present on site.

    Managed Service Provider (MSP)

    For companies looking to outsource their recruitment

    process for permanent employees, we work with them to

    provide the flexible Recruitment Process Outsourcingsolution best suited to their needs.

    Our solutions include: Candidate sourcing, screening and

    assessment, Recruitment administration, Market

    expansions, cyclical and part-time hiring, On-boarding and

    offer management.

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    May 2012

    Career Transition & Talent Development SolutionsOur activities

    Lee Hecht Harrison is a talent solutions company focused on:

    Career Transition

    Leadership Development

    Career Development

    Change Management solutions

    Many organisations are trying to address these pressuresby investing in their people, deploying and redeploying their

    resources, expanding their markets and reducing their costs.

    This is where Lee Hecht Harrison provides companies with

    unparalleled and innovative approaches to managing the entire

    employee lifecycle and customised solutions that are

    specifically tailored to client requirements.

    Career Transition & Talent Development

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    Our corporate social responsibility

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    Adecco corporate social responsibilityPrioritising activities

    For more information:

    www.adecco.com/en-US/csr/Pages/default.aspx Or: http://csrr.adecco.com/csr2010

    Employees

    Customers & Shareholders

    Society

    Stakeholders Global Programmes

    Excellence

    Excellence Awards

    Skills

    Win4Youth

    Integration

    IOC Athlete Career Programme

    IPC Athlete Career Programme

    http://www.adecco.com/en-US/csr/Pages/default.aspxhttp://csrr.adecco.com/csr2010http://csrr.adecco.com/csr2010http://www.adecco.com/en-US/csr/Pages/default.aspxhttp://www.adecco.com/en-US/csr/Pages/default.aspxhttp://www.adecco.com/en-US/csr/Pages/default.aspx
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    Our results

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    Reported Variance (12 vs. 11) in percent

    0 EUR m % of rev.

    0.0%

    Operating income 0 0.0%

    SG&A1)

    112 2.2%

    0

    0.0%

    3.3%

    3.6%

    0

    0

    EBITA1), 2)

    0

    172

    Revenues1)

    Gross profit1)

    5,195

    9170.0%

    0.0% 185

    17.7%

    732 14.1%

    Net income attributable to

    Adecco shareholders

    1

    5

    8

    -7

    -8

    -20

    -3

    0

    3

    -11

    -30.0 -20.0 -10.0 0.0 10.0

    Q2 2012 results summary

    1) In Q2, organically, Revenues changed by -4%, Gross Profit by -3%, SG&A by 0% and EBITA by -15%.

    2) EBITA is a non US GAAP measure and refers to operating income before amortisation of intangible assets.

    Reported Constant currency

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    EUR m EUR m

    27% France 1,378 -13% 41 2.9%

    19% North America 967 2% 44 4.5%

    9% UK & Ireland 470 7% 3 0.7%

    7% Germany & Austria 386 -1% 13 3.5%

    7% Japan 379 -10% 23 6.0%

    5% Italy 245 -13% 14 5.5%

    4% Benelux 227 -5% 8 3.3%

    4% Nordics 210 3% 9 4.2%

    3% Iberia 166 -11% 6 3.8%

    3% Australia & New Zealand 132 -1% 5 3.7%

    2% Switzerland 109 -12% 9 8.1%

    9% Emerging Markets 447 12% 14 3.4%

    1% LHH 79 2% 21 27.7%

    Corporate (25)

    Adecco Group 5,195 -4% 185 3.6%

    Revenues EBITA2), 3)

    marginorganic

    1)

    yoy growth

    Revenues in percent

    1) Organic growth is a non US GAAP measure and excludes the impact of currency, acquisitions and divestitures.

    2) EBITA is a non US GAAP measure and refers to operating income before amortisation of intangible assets.

    3) Including restructuring costs of EUR 5 million for France and EUR 2 million for other European countries and Japan.

    Revenues and EBITA by segment

    Q2 2012 vs. Q2 2011

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    Revenues1) Revenue growth

    EUR m in %, constant currency

    Office 1,348

    Industrial 2,568

    General Staffing2) 3,916

    Information Technology2) 599

    Engineering & Technical2) 290

    Finance & Legal 188

    Medical & Science2) 102

    Professional Staffing2) 1,179

    Solutions2) 100

    Adecco Group2) 5,195

    Revenue development by business linesQ2 2012 vs. Q2 2011

    -2

    -8

    -6

    7

    7

    -1

    5

    5

    32

    -3

    51%

    24%

    16%

    9%

    1) Breakdown of staffing revenues into Office, Industrial, Information Technology, Engineering & Technical, Finance & Legal and Medical & Science is based on dedicated

    branches. Solutions include revenues from Human Capital Solutions, Managed Service Programmes (MSP), Recruitment Process Outsourcing (RPO) and Vendor

    Management System (VMS).

    2) Q2 revenues changed organically in Information Technology by 4%, in Engineering & Technical by 1%, in Medical & Science by 3%, in Professional Staf fing by 2%, in

    Solutions by 3% and in Adecco Group by -4%.

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    FY 2011 results summary

    Reported Variance (11 vs. 10) in percent

    0 EUR m % of rev.

    17.4%

    2,752 13.4%

    Net income attributable

    to Adecco shareholders

    0

    0

    EBITA2)

    0

    763

    Revenues

    Gross profit

    20,545

    3,5660.0%

    0.0% 814

    0.0%

    Operating income 0 0.0%

    SG&A

    519 2.5%

    0

    0.0%

    3.7%

    4.0%

    10

    7

    6

    13

    14

    23

    10

    6

    4

    14

    0.0 10.0 20.0 30.0

    1) Organic growth is a non US GAAP measure and excludes the impact of currency and acquisitions.

    2) EBITA is a non US GAAP measure and refers to operating income before amortisation of intangible assets.

    Reported Organic1)

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    Our future perspective

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    1. Regulation

    2. Flexibility imperative

    3. Job creation

    Our future perspectiveGlobal trends

    Adecco Group 1. Productivity and flexibility2. Talent shortage

    3. Changing labour force

    1. Demographics

    2. Skills mismatch

    3. Lifestyle changes

    1. Job search engines

    2. e-intermediaries

    3. eLearning

    Governments

    Companies

    Technology

    People

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    Thank you