‭Investor Day - Simplify Hiring‬‭Hisayuki “Deko” Idekoba‬‭- Simplify Hiring Strategic‬‭Overview‬‭March 27, 2024‬‭Slide 1-2-1‬‭Deko:‬‭I’m Deko, CEO of Recruit Holdings.‬‭I’m‬ ‭really‬ ‭excited‬ ‭about‬‭today.‬‭Unlike‬‭a‬‭quarterly‬‭earnings‬‭call,‬‭where‬‭we‬‭focus‬‭on‬‭financial‬‭numbers,‬‭today,‬‭ e’ll focus on our company’s higher-level vision and how we’re solving a real-world problem for society.‬w‭ nd‬ ‭as‬ ‭we‬ ‭execute‬ ‭our‬ ‭strategy‬ ‭to‬ ‭simplify‬ ‭hiring‬ ‭for‬ ‭people‬ ‭around‬ ‭the‬ ‭world,‬ ‭we‬ ‭believe‬ ‭financial‬A‭performance‬‭will‬‭follow.‬‭So‬‭we’re‬‭focused‬‭on‬‭creating‬‭value‬‭for‬‭all‬‭our‬‭stakeholders‬‭–‬‭job‬‭seekers,‬‭employers,‬‭communities, our employees, and of course, our shareholders.‬‭Slide 1-2-2‬‭ ur‬‭work‬‭at‬‭Recruit‬‭Group‬‭is‬‭about‬‭connecting‬‭people‬‭to‬‭opportunity.‬‭It’s‬‭about‬‭connecting‬‭people‬‭to‬‭jobs‬‭and‬O‭we‬ ‭all‬ ‭know‬ ‭a‬ ‭job‬ ‭is‬ ‭very‬ ‭important‬ ‭for‬ ‭people’s‬ ‭lives.‬ ‭Work‬ ‭is‬ ‭key‬ ‭to‬ ‭our‬ ‭society.‬ ‭But‬ ‭it‬‭can‬‭be‬‭difficult‬‭for‬‭everyone - as you heard from the job seekers in the video - to find a job that they are passionate about.‬‭In‬ ‭fact,‬ ‭my‬ ‭family‬ ‭has‬ ‭also‬ ‭experienced‬ ‭difficulties‬ ‭in‬ ‭finding‬ ‭work.‬ ‭My‬ ‭sister‬ ‭could‬ ‭not‬ ‭get‬ ‭a‬ ‭high‬ ‭school‬‭ iploma, and all of my family struggled to support her to get a job.‬d‭Slide 1-2-3‬‭ hile‬‭my‬‭sister‬‭now‬‭has‬‭a‬‭job,‬‭it‬‭was‬‭not‬‭easy.‬‭Getting‬‭the‬‭perfect‬‭job‬‭remains‬‭a‬‭challenge‬‭for‬‭so‬‭many.‬‭Take‬W‭last‬‭year,‬‭for‬‭example:‬‭on‬‭Indeed‬‭alone,‬‭there‬‭were‬‭over‬‭2.5‬‭billion‬‭applications‬‭submitted.‬‭And‬‭over‬‭30‬‭million‬‭job seekers applied to more than 30 jobs each, all in the hope of finding the right fit.‬‭Yet,‬ ‭only‬ ‭a‬ ‭lucky‬ ‭few‬ ‭ever‬ ‭get‬ ‭noticed‬ ‭by‬ ‭recruiters,‬ ‭since‬ ‭much‬ ‭of‬ ‭today's‬ ‭job‬ ‭matching‬ ‭is‬ ‭still‬ ‭done‬ ‭the‬‭ ld-fashioned way—manually.‬o‭We‬‭believe‬‭that‬‭by‬‭understanding‬‭the‬‭needs‬‭of‬‭job‬‭seekers‬‭and‬‭the‬‭needs‬‭of‬‭employers‬‭more‬‭deeply,‬‭we‬‭can‬i‭mprove the hiring process.‬‭Slide 1-2-4‬‭Imagine‬‭a‬‭world‬‭where‬‭technology‬‭brings‬‭the‬‭touch‬‭of‬‭a‬‭personal‬‭recruiter‬‭or‬‭career‬‭companion‬‭to‬‭everyone,‬‭ here looking for a job feels more human and hopeful for all.‬w‭Slide 1-2-5‬‭Ultimately‬ ‭we‬ ‭believe‬ ‭getting‬ ‭an‬ ‭offer‬ ‭should‬ ‭be‬ ‭as‬ ‭easy‬ ‭as‬ ‭pushing‬ ‭a‬‭button.‬‭If‬‭we‬‭can‬‭simplify‬‭hiring‬‭this‬‭ uch, Recruit Group can contribute to a lot of people’s lives and society.‬m‭Slide 1-2-6‬‭ rom‬‭an‬‭employer‬‭perspective,‬‭the‬‭way‬‭hiring‬‭is‬‭done‬‭has‬‭not‬‭changed‬‭for‬‭a‬‭very‬‭long‬‭time.‬‭ ‬‭There‬‭is‬‭still‬‭a‬F‭lot‬‭of‬‭manual‬‭work‬‭involved‬‭in‬‭the‬‭hiring‬‭process,‬‭making‬‭it‬‭time-consuming‬‭and‬‭inefficient.‬‭On‬‭average‬‭in‬‭the‬‭US,‬‭it‬‭takes‬‭over‬‭50‬‭days‬‭to‬‭make‬‭a‬‭hire.‬‭On‬‭Indeed,‬‭we’ve‬‭seen‬‭some‬‭employers‬‭receive‬‭tens‬‭of‬‭thousands‬‭of‬‭applications‬‭per‬‭week.‬‭And‬‭this‬‭issue‬‭is‬‭not‬‭just‬‭for‬‭employers‬‭with‬‭lots‬‭of‬‭job‬‭openings.‬‭There‬‭were‬‭millions‬‭of individual jobs that had over 100 applicants each.‬‭This transcript is provided for the convenience of investors only.‬‭1‬‭This inefficiency in hiring highlights the true cost to society.‬‭Slide 1-2-7‬‭Everyone‬‭is‬‭excited‬‭about‬‭the‬‭potential‬‭of‬‭AI‬‭to‬‭solve‬‭challenges‬‭like‬‭this,‬‭and‬‭we‬‭are‬‭too.‬‭We’ve‬‭been‬‭working‬‭ ith AI for years, so we know it will take time for real change to happen.‬w‭ e‬ ‭are‬ ‭uniquely‬ ‭positioned‬ ‭to‬ ‭solve‬ ‭this‬ ‭challenge‬ ‭with‬ ‭our‬ ‭rich‬‭unique‬‭data.‬‭Data‬‭that‬‭includes‬‭everything‬W‭from‬ ‭job‬ ‭seeker‬ ‭activity‬ ‭on‬ ‭our‬ ‭online‬ ‭hiring‬ ‭platforms‬ ‭to‬ ‭offline‬ ‭conversations‬ ‭between‬ ‭recruiters‬ ‭and‬‭candidates, allowing us to use AI in ways no one else can.‬‭Slide 1-2-8‬‭Throughout‬ ‭today’s‬ ‭presentations,‬ ‭we‬ ‭will‬ ‭share‬ ‭more‬ ‭about‬ ‭how‬ ‭our‬ ‭three‬ ‭strategic‬ ‭business‬ ‭units‬ ‭are‬‭ orking to create technology solutions that will serve as building blocks to simplify hiring well into the future.‬w‭Now‬‭we’re‬‭going‬‭to‬‭dig‬‭deeper‬‭into‬‭our‬‭strategy‬‭and‬‭our‬‭products.‬‭Next‬‭you’ll‬‭hear‬‭from‬‭Chris‬‭who‬‭will‬‭share‬I‭ndeed’s vision and strategy to simplify hiring.‬‭[END]‬‭Forward-Looking Statements‬‭ his‬‭document‬‭contains‬‭forward-looking‬‭statements,‬‭which‬‭reflect‬‭the‬‭Company's‬‭assumptions‬‭and‬‭outlook‬‭for‬T‭the‬ ‭future‬ ‭and‬ ‭estimates‬ ‭based‬ ‭on‬ ‭information‬ ‭available‬ ‭to‬ ‭the‬ ‭Company‬ ‭and‬ ‭the‬ ‭Company's‬ ‭plans‬ ‭and‬‭expectations‬ ‭as‬ ‭of‬ ‭the‬ ‭date‬ ‭of‬ ‭this‬ ‭document‬ ‭or‬ ‭other‬ ‭date‬ ‭indicated.‬ ‭There‬ ‭can‬ ‭be‬ ‭no‬ ‭assurance‬ ‭that‬‭the‬‭relevant forecasts and other forward-looking statements will be achieved.‬‭ lease‬ ‭note‬ ‭that‬ ‭significant‬ ‭differences‬ ‭between‬ ‭the‬ ‭forecasts‬ ‭and‬ ‭other‬ ‭forward-looking‬ ‭statements‬ ‭and‬P‭actual‬ ‭results‬ ‭may‬ ‭arise‬ ‭due‬ ‭to‬ ‭various‬ ‭factors,‬ ‭including‬ ‭changes‬ ‭in‬ ‭economic‬ ‭conditions,‬ ‭changes‬ ‭in‬‭individual‬ ‭users’‬ ‭preferences‬ ‭and‬ ‭business‬ ‭clients'‬ ‭needs,‬ ‭competition,‬ ‭changes‬ ‭in‬ ‭the‬ ‭legal‬‭and‬‭regulatory‬‭environment,‬ ‭fluctuations‬ ‭in‬ ‭foreign‬ ‭exchange‬ ‭rates,‬ ‭climate‬ ‭change‬ ‭or‬ ‭other‬ ‭changes‬ ‭in‬ ‭the‬ ‭natural‬‭environment,‬‭the‬‭impact‬‭of‬‭the‬‭spread‬‭of‬‭COVID-19,‬‭the‬‭occurrence‬‭of‬‭large-scale‬‭natural‬‭disasters,‬‭and‬‭other‬‭factors.‬‭ ccordingly,‬ ‭readers‬ ‭are‬ ‭cautioned‬ ‭against‬ ‭placing‬ ‭undue‬‭reliance‬‭on‬‭any‬‭such‬‭forward-looking‬‭statements.‬
A‭The‬‭Company‬‭has‬‭no‬‭obligation‬‭to‬‭update‬‭or‬‭revise‬‭any‬‭information‬‭contained‬‭in‬‭this‬‭document‬‭based‬‭on‬‭any‬‭subsequent developments except as required by applicable law or stock exchange rules and regulations.‬‭This transcript is provided for the convenience of investors only.‬‭2‬