Manpowergroup · NYSE:MAN

Manpowergroup — Manpower — Q4 2009 Earnings Presentation

9 slides from Manpowergroup's earnings presentation, Feb 2, 2010

  1. Slide 1: Manpower Inc. 2009 4th Quarter Results

    S MANPOVWVER INC. 2009 4* Quarter Results 2010 February 2 Mh Manpower’

  2. Slide 2: Forward-Looking Statement

    Manpower Inc. 2009 4" Quarter Results Forward-Looking Statement This presentation includes forward-looking statements, including earnings projections and the timing, completion and results of the proposed transaction, which are subject to risks and uncertainties. Actual results might differ material

  3. Slide 3: Manpower Inc. 2010 February

    MANPOWER INC. 2010 February Mh Manpower’

  4. Slide 4: COMSYS Acquisition: Strategic Rationale

    Manpower Inc.— COMSYS Acquisition 4 Strategic Rationale ¢ Increased capability to service clients’ IT requirements ¢ Stronger platform in higher growth market e Enhances business mix, with over 20% of company revenue now coming from specialty services ¢ Good cultural fit mitt Manpower’

  5. Slide 5: COMSYS Business Overview

    Manpower Inc. - COMSYS Acquisition COMSYS Business Overview ¢ Third largest IT staffing and managed solutions company in the U.S. with $650 million in revenue — Project Management — Applications Programming and Development — Business Analysis — Quality Assurance and Testing — Network Infrastructure

  6. Slide 6: Combined Business

    Manpower Inc. - COMSYS Acquisition 6 Combined Business « Combined revenue of Manpower Professional and COMSYS will be over $2.5 billion « Combined number of contractors on assignment daily will be over 25,000 Combined footprint will be 400 offices Combined MSP offering will be total flow through dol

  7. Slide 7: COMSYS Financial Performance

    Manpower Inc. - COM. Acquisition COMSYS Financial Performance (Millions in USD) Revenue 780 743 700 737 727) on ia oe 600 2005 2006 2007 2008 2009F” EBITDA® 60 40 ~ i i 0 ns ny Forecast based upon management guidance issued January 6, 2010 Wt ® Excludes one-time items. Manpower

  8. Slide 8: Acquisition Summary

    Manpower Inc. - COMSYS Acquisition 8 Acquisition Summary e Purchase Price: $17.65 per share « Equity Value: $378 million, including net settlement of stock options, restricted stock and warrants ¢ Debt Retired: $53 million, net debt outstanding as of January 31, 2010 wilt Manpower’

  9. Slide 9: Questions?

    Manpower Inc. Questions? nswers wt Manpower’

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