adidas AG (OTCQX:ADDYY) Q3 2022 Earnings Conference Call November 9, 2022 9:00 AM ET Company Participants Sebastian Steffen - Head, Investor Relations Kasper Rorsted - Chief Executive Officer Harm Ohlmeyer - Chief Financial Officer Conference Call Participants Jurgen Kolb - Kepler Cheuvreux. Warwick Okines - BNP Paribas Exane Adam Cochrane - Deutsche Bank Geoff Lowery - Redburn David Roux - Bank of America Thomas Chauvet - Citi Omar Saad - Evercore ISI James Grzinic - Jefferies International Aneesha Sherman ...

Q3 2022 RESULTS NOVEMBER 09, 2022 adidas AGENDA l 2 3 4 | --- | --- | --- | |--------------------|-------|-------| | | | | | FINANCIAL UPDATE | | | | OPERATIONAL UPDATE | | | | OUTLOOK | | | | | | | | | | | adidas 2 e BUSINESS UPDATE . . CONSUMER - Pro Comment adidas w A WARD Concess of Sale 4 0 adidas MORE IS POSSIBLE IMPOSSIBLE IS NOTHING ~~ SUSTAINABILITY CREDIBILITY EXPERIENCE adidas STRENGTHS & WEAKNESSES | --- | --- | |----------------------------------------------------------------------------------- ...

Q2 2022 RESULTS AUGUST 4, 2022 adidas AGENDA l 3 | --- | --- | --- | --- | --- | --- | |------------------|-------|-------|-------|-------|-------| | | | | | | | | FINANCIAL UPDATE | | | | | | 2 adidas 2 FACING CONTINUED UNCERTAINTY WAR INFLATIONARY CONSUMER SUPPLY CHAIN CHINA MARKET ENVIRONMENT PRESSURE SPENDING CHALLENGES adidas KEY TAKEAWAYS | --- | --- | --- | --- | --- | |-------|-------------------------------------------------------------------------------------------|-------|-------|-------| | l | S ...

adidas AG (OTCQX:ADDYY) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Sebastian Steffen - Head, Investor Relations Kasper Rorsted - Chief Executive Officer Harm Ohlmeyer - Chief Financial Officer Conference Call Participants Grace Smalley - JPMorgan Graham Renwick - Berenberg Aneesha Sherman - Bernstein Cédric Lecasble - Stifel Jurgen Kolb - Kepler Cheuvreux Zuzanna Pusz - UBS James Grzinic - Jefferies International Thomas Chauvet - Citi Research John Kernan - Cowen Warwick ...

Financial Data and Key Metrics Changes - The company reported a strong set of results for 2021, adding almost €3 billion to the top line despite external challenges [20] - Gross margin increased by 0.7 percentage points to 50.7%, while operating profit rose by more than 150% [20][33] - Net income from continued operations improved by over €1 billion, supported by a tax benefit related to the Reebok divestiture [21][33] Business Line Data and Key Metrics Changes - The North American business grew by 17%, with strong growth in D2C channels [22] - EMEA business saw a 24% increase, with D2C growing by 20% year-over-year [22] - Latin America experienced a remarkable 47% growth, driven by strong demand across various categories [18][22] Market Data and Key Metrics Changes - EMEA, North America, and Latin America collectively grew by 23% in 2021, reflecting strong demand for the brand [22] - Greater China reported a modest 3% growth due to a challenging market environment and COVID-19 lockdowns [22][29] - The company faced significant supply chain constraints, impacting sales and leading to product outages and shipping delays [19][29] Company Strategy and Development Direction - The "Own the Game" strategy focuses on consumer trends such as At Leisure, Betterment, Digital, Sustainability, and Premiumization [10] - The company aims to invest consistently in people, innovation, and digital transformation to drive growth [10][11] - Sustainability remains a key focus, with a target of 90% of products being sustainable by 2025, achieving a 69% share in 2021 [17] Management's Comments on Operating Environment and Future Outlook - The management acknowledged the ongoing challenges posed by the war in Ukraine, COVID-19 restrictions, and supply chain issues [45] - Despite these challenges, the company remains optimistic about long-term growth opportunities and plans to drive double-digit improvements in 2022 [45][64] - The company is committed to investing close to €3 billion in brand campaigns and product launches to accelerate growth [46] Other Important Information - The company plans to return between €8 billion to €9 billion to shareholders through dividends and share buybacks by 2025 [41][42] - A dividend of €3.3 per share is proposed for 2021, representing a 10% increase from the previous year [43] - The company appointed a new Chief Creative Officer to lead its design community and shape the brand's future direction [48] Q&A Session Summary Question: How is the company addressing the challenges in Greater China? - The company has developed a detailed action plan to achieve mid-single-digit growth in Greater China, focusing on localized campaigns and product creation [60][61] Question: What are the expectations for the 2022 financial outlook? - The company projects currency-neutral revenues to increase by 11% to 13%, with a gross margin expected to reach between 51.5% and 52% [64][65]

France MARCH 9, 2022 Facidas THE HEALTH AND SAFETY OF OUR EMPLOYEES ARE OUR MAIN PRIORITIES adidas CK ON CENTER STAGE EREATBRITA adidas 2321 -2 8 adidas hreat and and BY SNOW (9) Emirates nirates BETTER e CUNFIRMED A. TERREX Golden 0 adidas Ticket 9 PRIMEGREEN POSSIBLE IS NOTHING adidas FEEL THE BOOS AGENDA l 2 3 4 | --- | --- | --- | |------------------|-------|-------| | | | | | STRATEGIC UPDATE | | | | | | | | BUSINESS UPDATE | | | | FINANCIAL UPDATE | | | | OUTLOOK | | | | | | | | | | | adidas 5 STRAFE ...

adidas Q3 2021 RESULTS NOVEMBER 10, 2021 Ontinental" AGENDA l 2 3 4 5 | --- | --- | --- | --- | |-------------------------------|-------|-------|-------| | | | | | | INTRODUCTION BUSINESS UPDATE | | | | | FINANCIAL UPDATE | | | | | OPERATIONAL UPDATE | | | | | OUTLOOK | | | | | | | | | | | | | | adidas INTRODUCTION CEO KASPER RORSTED PEOPLE - S T CONSUMER SUSTAINABILITY 151 GROWTH SPORT SOLVAONNI adidas OUR PEOPLE OWN THE GAME Forbes 2021 WORLD'S BEST EMPLOYERS s 4 10% adidas OUTSTANDING ESG RATING AWARDED ...

Call Start: 09:00 January 1, 0000 10:12 AM ET adidas AG (OTCQX:ADDYY) Q3 2021 Earnings Conference Call November 10, 2021, 9:00 AM ET Company Participants Sebastian Steffen – Head of Investor Relations Kasper Rorsted – CEO Harm Ohlmeyer – CFO Operator Ladies and gentlemen, thank you for standing by. Welcome and thank you for joining the adidas AG Q3 2021 Conference Call. Throughout today's recorded presentation, all participants will be in a listen-only mode. Presentation will be followed by a question-and-a ...

adidas AG (OTCQX:ADDYY) Q2 2021 Earnings Conference Call August 5, 2021 9:00 AM ET Company Participants | --- | |-----------------------------------------| | | | | | Sebastian Steffen - Head of IR | | Kasper Rorsted - CEO | | Harm Ohlmeyer - CFO | | Conference Call Participants | | Graham Renwick - Berenberg | | Zuzanna Pusz - UBS | | Piral Dadhania - RBC Capital Markets | | James Grzinic - Jefferies International | | Warwick Okines - Exane BNP Paribas | | Erinn Murphy - Piper Jaffray | | Adam Cochrane - De ...

adidas AG (OTCQX:ADDYY) Q1 2021 Earnings Conference Call May 7, 2021 9:00 AM ET Company Participants | --- | |-----------------------------------------------------------------------| | | | | | Sebastian Steffen - Head of IR | | Kasper Rorsted - CEO | | Harm Ohlmeyer - CFO | | Conference Call Participants | | Graham Renwick - Berenberg | | Andreas Riemann - Commerzbank Zuzanna Pusz - UBS | | Jurgen Kolb - Kepler Cheuvreux | | Chiara Battistini - JP Morgan | | Warwick Okines - Exane BNP Paribas | | Geoff Lowe ...