Investor Presentaiton

Our medium term financial objectives 7 to 8% Revenue Growth Organic Constant Currency; About 6% ES and 10 to 12% PEO Segment Growth 10 to 12% Adjusted EBIT Growth Supported by approximately 75bps annual Adj. EBIT Margin expansion 11 to 13% Adjusted EPS Growth Assuming 1% annual net share count reduction. 13 to 15% Total Shareholder Return Assuming 2% dividend yield These objectives assume no significant impact from change in corporate tax rates, change in yield curve, M&A, or change in ADP multiple Copyright ©2021 ADP, Inc. 61

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