- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN THE UNITED STATES, CANADA, 
AUSTRALIA OR JAPAN.

- AD HOC Announcement pursuant to Art. 53 LR

- EUR 1 billion senior notes and EUR 500 million inaugural hybrid bond 
successfully placed

Adecco Group AG (the "Company" or "Adecco Group") has successfully placed two 
tranches each of EUR 500 million fixed rate notes, maturing in 2028 and 2031, 
under its EUR 3.5 billion EMTN Programme (the "New Notes"). At the same time it 
placed its inaugural subordinated fixed-to-reset rate hybrid bond of EUR 500 
million maturing in 2082 (the "Hybrid Bond"). All three issuances are to be 
listed on the main market of the London Stock Exchange.

Logo - https://mma.prnewswire.com/media/1197818/The_Adecco_Group_Logo.jpg 

Coram Williams, CFO of Adecco Group, said: "Today's placement of senior and 
hybrid notes completes the balanced financing package that underpins the 
Group's acquisition of AKKA Technologies and ensures we maintain our strong 
investment grade capital structure. We are pleased to have secured very 
favourable financing conditions for these long-term notes which were more than 
4.5 times oversubscribed. The AKKA Technologies transaction accelerates our 
strategy and provides a significant value creation opportunity for investors, 
being growth, margin and earnings enhancing in year one. We expect the deal to 
close in early 2022."
 
FULL PRESS RELEASE (PDF) ( 
https://www.adecco-jobs.com/-/media/project/adeccogroup/pdf-files/2021-sept/adecco-group-bond-issuances-ad-hoc_en.pdf 
)