Major Shareholders

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Under the SIX Swiss Stock Exchange Act we disclose shareholders that reach, exceed or fall below the thresholds of 3%, 5%, 10%, 15%, 20%, 25%, 33.33%, 50% or 66.66% of voting rights. An additional disclosure requirement exists under the Swiss Federal Code of Obligations to disclose shareholders and their shareholdings if they hold more than 3% of all voting rights. This must be made once a year in the annual report. Based on the disclosure notifications made to us and the SIX, the following shareholders hold 3 percent or more of Adecco Group AG’s issued shares. The shareholdings described below are based on the notices provided to the Adecco Group and SIX and do not reflect any subsequent changes in shareholdings and share capital and votes. The full list of shareholdings disclosed after January 1, 2013, is available on the SIX Swiss Exchange website.