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3rd quarter results 2026. continued top-line momentum drives double-digit profit growth. 21 october 2026 sander van ‘t noordende, CEO jorge vazquez, CFO
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disclaimer. 2© randstad certain statements in this document concern prognoses about the future financial condition, risks, investment plans, and the results of operations of Randstad N.V. and its operating companies, as well as certain plans and objectives. Obviously, such prognoses involve risks and a degree of uncertainty, since they concern future events and depend on circumstances that will apply then. many factors may contribute to the actual results and developments differing from the prognoses made in this document. These factors include, but are not limited to, general economic conditions, shortages on the job market, changes in the demand for personnel (including flexible personnel), achievement of cost savings, changes in the business mix, changes in legislation (particularly in relation to employment, staffing and tax laws), the role of industry regulators, future currency and interest fluctuations, availability of credit on financially acceptable terms, the successful completion of company acquisitions and their subsequent integration, successful disposals of companies, the rate of technological developments, the impact of pandemics and our ability to identify other relevant risks and mitigate their impact. These prognosis therefore apply only on the date on which this document was compiled. The quarterly results as presented in this press release are unaudited.
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definitions. 3© randstad organic growth: externally reported income statement line items (revenue, gross profit, operating expenses and EBITA) adjusted for the impact of changes in foreign currency ("FX"), the effect of hyperinflation and excluding the impact of acquisitions and disposals. EBITA: operating profit before amortization and impairment of acquisition-related intangibles and goodwill (EBITA) is a measure of company profitability used by investors in the staffing industry to analyze the results of staffing companies. underlying EBITA: refers to Randstad's adjusted EBITA, excluding integration expenses and one-offs may distort the true operational performance of the business. It provides a clearer picture of the company's ongoing profitability by eliminating the impact of restructuring costs, integration and M&A costs related to acquisitions and other exceptional items.
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agenda. © randstad 4 performance 5 financial results & outlook 11 Q&A 17 appendix 18
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performance. 01 © randstad 5
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6 summary key financials Q3 2026 75% of markets in growth delivery excellence driving productivity profitability improving year-on-year revenue € 6.1BN at +3.9% underlying gross margin 17.8% underlying EBITA € 211M, 3.5% margin Partner for Talent strategy driving performance. © randstad
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digital marketplace driving strong US profit growth 2.3M self-scheduled shifts in Q3, up double-digit QoQ Partner for Talent strategy impact. 7 growth through specialization delivery excellence digital first best team growth momentum broadening in Q3’26 large clients accelerating in logistics, e-commerce, aero & auto 14,000 more talent at work YoY deploying AI at scale, +6% more talent per FTE in Q3’26 one randstad team driving commercial success € 1.7bln net new sales wins YTD © randstad
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8© randstad us: growth broadening, step up in profitability ● operational: +19%, standout performance with DMP benefits and well ahead of market ● professional: back to growth, perm growing ● digital: flat growth ● enterprise: good growth driven by outplacement canada: growth in operational offset by tougher comparables in enterprise north america: strategy paying off. organic revenue growth YoY, last two quarters* EBITA margin (underlying)** * YoY organic change is measured excluding the impact of currencies, acquisitions, disposals, and reclassifications. For revenue, the organic change has been adjusted for the number of working days. ** before integration costs & one-offs.
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organic revenue growth YoY, last two quarters* 9 EBITA margin (underlying)** * YoY organic change is measured excluding the impact of currencies, acquisitions, disposals, and reclassifications. For revenue, the organic change has been adjusted for the number of working days. ** before integration costs & one-offs. major european markets: improving profitability in most markets. netherlands: good sequential improvement with solid growth in industrial, logistics and healthcare germany: double-digit growth among large clients in auto & manufacturing, delivery excellence driving profit growth belgium: manufacturing and auto growing, professional and perm remain soft france: robust growth in manufacturing, e-commerce and logistics, pressure in perm and healthcare italy: improving momentum in operational iberia: strong performance in Spain, broad based growth © randstad
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international markets: step up in growth. 10© randstad * YoY organic change is measured excluding the impact of currencies, acquisitions, disposals, and reclassifications. For revenue, the organic change has been adjusted for the number of working days. ** before integration costs & one-offs. other european markets & latam ● uk: up 9%, DMP rollout progressing ● poland: down 11%, broadly stable sequentially ● switzerland: up 3%, continued momentum ● nordics: down 3%, stabilizing further ● latam: up 13%, led by brazil apac ● japan: up 8%, strong performance operational ● australia & new zealand: up 3%, strong operational ● india: up 7%, continued growth organic revenue growth YoY, last two quarters* EBITA margin (underlying)**
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financial results & outlook. 02 © randstad 11
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profitability improving. Q3 2026 performance € million Q3 ’26 Q3 ’25 % org. revenue 6,115 5,810 +3.9% gross profit 1,089 1,069 +1% gross margin* 17.8% 18.4% operating expenses* 878 878 -1% opex %* 14.4% 15.1% EBITA* 211 191 +10% EBITA margin* 3.5% 3.3% integration costs & one-offs -/- 15 -/- 38 amortization & impairment -/- 19 -/- 17 net finance income (costs) -/- 15 -/- 17 tax expense -/- 52 -/- 36 reported net income** 110 83 +33% adjusted net income 133 120 +11% * before integration costs & one-offs. ** including share of profit of associates. summary organic revenue up 3.9% YoY EBITA € 211m, EBITA margin of 3.5% operational: +6% at € 4.2 BN professional: -/- 1% at € 0.9 BN digital: -/- 2% at € 0.6 BN enterprise: +6% at € 0.3 BN 12© randstad
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© randstad 13 key highlights • temp margin -50 bp YoY • geo & business mix • NL CLA impact • perm fees -10 bp YoY • HRS/other flat YoY gross margin: large client-led growth driving mix. Q3 gross margin development YoY
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© randstad 14 key highlights • opex down 1% YoY • FTE QoQ stable, down 3% YoY • L4Q icr/recovery ratio 108% • continued focus on delivery excellence • driving structural indirect costs savings opex: building scalability to drive further operational leverage. Q3 sequential opex bridge (€m)
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free cash flow and balance sheet. 15© randstad Q3 free cash flow balance sheet • Q3 FCF € 250m (Q3 2025: € 244m) • DSO 57.4 (Q2 2026: 57.6 days) • ROIC: 11.2% (Q3 2025: 10.4%) • net debt € 1,147m excl. lease liabilities • leverage ratio excl. lease liabilities: 1.5x
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16© randstad Q4 2026 outlook growth momentum • gross margin broadly stable sequentially • operating expenses slightly higher QoQ • building operational leverage outlook. • talent at work improved through Q3 • further improvement early October
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questions & answers. 03 questions & answers. 03 © randstad 17
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© randstad 18 appendices. 04
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corporate staff by geography. 19© randstad1) subject to roundings. 2) previous figures restated to align with a change in country segmentation. average Q3 2026 Q3 2025 North America 6,290 6,870 Netherlands 3,580 3,880 Germany 1,610 1,910 Belgium & Luxembourg 1,880 2,000 France 3,870 4,170 Italy 3,290 3,270 Iberia 3,170 3,030 Other Europe countries and Latin America 5,430 5,580 Asia Pacific 5,400 5,370 Corporate 2,480 2,090 total 37,010 38,160 21
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number of talent working on a temporary basis by geography. 20© randstad average Q3 2026 Q3 2025 North America 76,300 68,800 Netherlands 42,200 46,200 Germany 23,800 22,400 Belgium & Luxembourg 33,800 36,300 France 69,400 70,500 Italy 59,600 55,500 Iberia 72,700 66,500 Other Europe countries and Latin America 81,300 76,900 Asia Pacific 122,300 124,400 total 581,500 567,500 1) subject to roundings. 2) previous figures restated to align with a change in country segmentation and reflect freelancer to temporary worker transition in NL in 2025 1 2