Manpowergroup · NYSE:MAN
Manpowergroup — Investor Presentation (November 2025)
25 slides from Manpowergroup's investor presentation, Nov 18, 2025
Slide 1: Investor Presentation November 2025
Investor Presentation November 2025 Exhibit 99.1
Slide 2: Forward-Looking Statement
Forward-Looking Statement This presentation includes statements, including statements regarding the Company's strategic and technology initiatives and investments, including transformation initiatives intended to remove structural costs from the organization to drive efficiencies, and the impact of
Slide 3: Over 75 Years of Global Workforce Expertise
Approximate number of people placed into meaningful, sustainable work every day 500K Branches 2,100 Job seekers connected with work every year, globally Millions Employees 27K 2024 Annual revenues $18B For more than 75 years, we have addressed the complex workforce challenges organizations face, fro
Slide 4: Our Strong and Distinct Brands
Our Strong and Distinct Brands A global leader in contingent staffing and permanent resourcing, providing companies with strategic and operational flexibility and creating talent at scale Talent agents and specialized recruiters leverage data-driven insights to assess, guide and place people into me
Slide 5: Globally Recognized Leader
Globally Recognized Leader One of America's Most Responsible Companies 2023, 2024, and 2025 ManpowerGroup named one of Forbes’ America’s Best Temp Staffing Firms in 2025 Recognized as a best place to work in the U.S. by the Disability Equality Index for the ninth consecutive year One of the World's
Slide 6: Our Vision, Strategy and Values
Our Vision, Strategy and Values
Slide 7: Forces Driving Client and Candidate Priorities
The Expansive Workforce An increasingly diverse global workforce will impact the future of who is available to work, as well as when and how they’ll work. New Ways of Working The world of work changed forever in 2020, and employer and individual adaptation to distributed models is still in progress.
Slide 8: Shift Toward Higher Value Solutions and Services
2024 Gross Profit Mix 2014 Gross Profit Mix Right Management Manpower 2014 Total Gross Profit ManpowerGroup Solutions Strategic progression of our business now reflects Experis and Talent Solutions at 41% of mix with Manpower at 59% in 2024 Market-leading Recruitment Processing Outsourcing and Manag
Slide 9: Strength Through Geographic Diversification
Strength Through Geographic Diversification 2024 Operating Unit Profit(1) Total $17.9B Total $552.2M APME $97.0M APME $2.2B Southern Europe $8.2B Northern Europe $3.3B Americas $4.2B 2024 Segment Revenues Americas $150.8M Northern Europe -$2.9M Excludes restructuring costs as detailed in our earning
Slide 10: Our Acceleration Plan – DDI
Experis Talent Solutions Manpower Perm and Convenience Global technology implementations Driving recruiter efficiency Back-office transformation MyPath Experis Academies Assessments Data & Analytics Accelerate growth of higher margin business in all brands Push for relentless efficiency and producti
Slide 11: Integrated HR Tech Stack
Optimized HR processes Increased efficiency Decreased costs Reduced risk Accelerated speed Improved client and candidate experience ManpowerGroup‘s integrated HR tech stack provides competitive advantage with the rapid deployment of best-in-class technology together with deep and broad workforce exp
Slide 12: MyPath Talent Pool Impact
By prioritizing value-added activities, the MyPath talent pool now represents 36% of the Manpower talent pool in certified countries and continues to grow. Lives impacted (including alumni) 310K+ Clients participated in recognition program 15K+ Better utilization than non-MyPath participants The pro
Slide 13: US Secular Trends Providing More Opportunity Globally
US Secular Trends Providing More Opportunity Globally Peak penetration rates are generally exceeded in subsequent economic cycles. Favorable workforce trends are expected to drive penetration rates beyond pre-pandemic levels Penetration Rates Global Average 1.8% Data from World Employment Confederat
Slide 14: Financial Update
Financial Update ' im a] November 2025 mm ManpowerGroup | I
Slide 15: Historical Trends
0 Historical Trends EBITA As Adjusted(*) Revenue Experiencing a challenging environment across Europe and North America since 2023. We remain committed to seizing growth opportunities aligned with our strategy, improving leverage on that growth and building on our leading global workforce solutions
Slide 16: Balance Sheet September 30, 2025
5,220 Other Liabilities 1,216 Total Debt 2,011 Equity Balance Sheet September 30, 2025 ($ in millions) Solid balance sheet Cash of $275M Total debt-to-total capitalization at 38% Debt-to-EBITDA As Adjusted* of 3.16x Focused on Working Capital Optimization Cost of accounts receivable included in all
Slide 17: Free Cash Flow
Free Cash Flow ($ in millions) Strong cash flow with counter-cyclical features provides liquidity entering into recessionary cycles. * Free cash flow is a non-GAAP financial measure. Please refer to the reconciliation under the Financial Measures on the Investor Relations section of our website.
Slide 18: Returning Cash to Shareholders
Strong historical dividend performance. Current yield of 4.1%.** Stable to increasing dividend in a good environment. Reduced in 2025 to reflect current environment for staffing services Dividends Share Repurchases 0.7M shares repurchased in 2025; 37.0M shares (47% of outstanding) repurchased from 2
Slide 19: Return on Invested Capital
Capital efficiency metric has been included in global management annual incentive plans for over 20 years. Rigorous cash management with a focus on DSO reduction. Primary driver of ROIC improvement is operating profit after tax growth. *Defined here as operating profit after tax divided by the avera
Slide 20: Financial Targets
Financial Targets Exceed or maintain key market revenue growth Disciplined profitable growth Focus on improvement in client mix Assumes stable economic environment and consistent revenue growth and pricing Gross profit improvement Continued steady efficiency/productivity enhancements through existin
Slide 21: ManpowerGroup Strengths
ManpowerGroup Strengths Experienced Management A Global Leader in IT Resourcing and Services Strong Assets, Distinct Brands and World-Leading Offerings Improving Business Mix Globally Recognized Industry Leader
Slide 22: Appendix
Appendix November 2025
Slide 23: Q3 2025 Results Summary
Throughout this presentation, the difference between reported variances and Constant Currency (CC) variances represents the impact of changes in currency on our financial results. Constant Currency is further explained in the Form 10-K on our website. 2% -2% CC 1% OCC -70 bps Revenue $4.6B (Systemwi
Slide 24: Financial Summary
Financial Summary % of Segment Revenue Average Daily Revenue Trend - CC Q3 Revenue Trend YOY
Slide 25: Industry Vertical Composition Based on Revenues – Q3 2025
Industry Vertical Composition Based on Revenues – Q3 2025 ManpowerGroup 2025 Third Quarter Results
ManpowerGroup — Investor Presentation (November 2025) on 6ix