ANNUAL
COUNCILREPORT
2023

CO N T EN TS
Introduction  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  - 41. President’s Report -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  - 82. Executive Board Report -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  - 16
3. Council Report  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  - 30
3.1 Governance & Membership -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  - 30
3.2 Competition & Events  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  - 57
3.3 Development -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  - 68
4. Financial Audit Report  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  - 90
Appendix A – 2023 Audited Financial Statements  -  -  -  -  -  -  -  - 94
Appendix B – World Athletics 2023 Remuneration Policy  -  -  -  - 133

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

IN TRODUCT I O NThis is the Annual Council Report for 2023 required under
Article 79 of the World Athletics Constitution, for the period
1 January 2023 to 31 December 2023. It provides asummary of the key decisions and activities over thereporting period and includes the audited annual financial
statements for the preceding year.
The 2023 Annual Council Report is divided into thefollowing sections:
1. President’s Report
2. Executive Board Report
3. Council Report
4. Financial Audit Report

4Introduction

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5

1.
PRESIDENT’SREPORTWORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

1 . P RE SID EN T ’S R EPO R T
2023 was an exceptionally strong year for athletics,
anchored by one of the best World Athletics Championships
in history as well as strong one-day circuits and new market
growth in road running.
A first-rate World Athletics Championships has left our
stakeholders and fans in no doubt that we are a sport that ispunching its weight and on the move. Almost 2000 athletes
from 195 Countries and members of our Athletics Refugee
Team took part, with 46 countries winning medals and 71
countries making the Top 8. No other sport has the global
reach of athletics.
Viewed broadcast hours reached 1.2bn, viewed by 600m
people across 231 territories (linear only) with many morewatching the Championships online – with a record 18.5m
viewer hours consumed on RHB digital platforms.
But it’s not just the nine days of competition that we aremeasuring. The total impact of hosting
the World Athletics Championships wasjust over US$400m, including economic,
environment, social and media impact.

This led to an increase in our website visitors in 2023 (39m)
and a big increase in our media coverage, which reached25bn people. Our social media followers grew from 10m
to 12m with 2m of them voting for our Female and Male
Athlete of the Year in 2023.
Our new Executive Board and Council, voted in at ourCongress in Budapest, is stronger than ever with a 50/50
gender balance on Council. We are the first sports bodyto have achieved this and are already seeing the resultsin the quality of discussions and subsequent decisions
we are making. Most of our Council members have been
elite athletes so have come through the pathway which isgood for decision making and also as role models for otherathletes in the sport.
As we end this four-year Olympic cycle, hampered by
the Covid pandemic, I am proud of the way our Member
Federations, Area Associations, event organisers and

The total impact of hosting our three
World Athletics Series events in 2023
– including the World Athletics Cross
Country Championships in Bathurst,
Australia and our first World Athletics
Road Running Championships in Riga,
Latvia came to over US$421m. Thisdetailed research, collated by Nielsen,
is helping to demonstrate the strengthof hosting our events to future hostcities and partners.
A strong Wanda Diamond League saw over 1000 athletescompeting from 93 countries, with 381 athletes from 65
countries finishing in a top 3 position. Our Continental Tourreached a record high of 229 events across the world inwhich almost 16,000 athletes competed. The breadth anddepth of our talented athletes can be seen by almost 6000
athletes across these events recording a personal best andsetting 189 national records in 2023.
On the road 248 events were hosted by 57 countries in
2023, where over 11,000 athletes were joined by aroundfour million mass participation runners, signalling thecontinuing strong growth of global running.
Our athletes have excelled in 2023 and are far more active
and engaged in promoting athletics at all levels.
8

athletes have navigated the peaks and troughs. Despite many
events being cancelled or rescheduled almost US$40m of
our US$50m investment in developing our sport across theworld has been spent on competitions, development andeducation programmes and sport administration over thisquadrennial. We have invested an additional US$1 million inprize money at our World Athletics Championships, whichmeans that, together with our Local Organising Committees,
we distribute around US$24 million in prize money over the
four-year Olympic cycle. We have also grown our Continental
Tour from 20 events in 2020 to 229 events at the end of2023, all with opportunities for athletes to earn more money
and World Ranking points in their regions and areas.

Pioneering Change over the next four years
2024 will be an unprecedented year with five World Athletics
Series events and an Olympic Games. We will once again
show the World that athletics is the number one Olympic
sport as we reach the halfway point in our eight year growtharch from the Tokyo to the Los Angeles Olympic Games
The World will continue to be unsettled with geopolitics,
global economics and environmental concerns leading theway along with what is being described as the ‘mega-election
cycle’. Around half the people on the planet (4.2bn) will be
eligible to vote this year in more than 70 national elections.
Whilst the right to vote should always be encouraged, someof these will be hotly contested, causing their own domestic
and international upheaval.
History tells us that global instability comes hand in handwith a drop in innovation as the risk and uncertainty tends
to hamper imagination and innovation and drives businesses
into a bunker mentality. We are not going to let this happen.

Fortune may favour the brave, but a clear vision, supported
by a clear, well-structured strategic plan, focused on
innovation and change will guide us through any uncertainty
over the next four years.
Pioneering change is our focus for the next four years
with our plans detailed in a new strategy. In summary theheadlines are:• Hosting a major athletics global event to take place every
year which means launching a new global championshipevent in 2026.
• Increased and improved pace and entertainment valueof our Global and Area championships.
• A review of our rules to make sure they make our sport
better, not more complicated.

• Seeing the joy and thrill of run, jump, throw in its simplest
form implemented in all corners of the globe so weinspire the next generation of athlete or coach, official
or administrator. Almost half our Member Federations
participated in Kids’ Athletics Day and ran a Kids’
Athletics programme in their country in 2023. Over twothirds of our Member Federation participated in train
the trainer sessions in support in-country roll out andwe want to see this increase as we make our sport ananchor in the lives of young people.
• The retention and further development of more of thepeople we train which means giving more people a reason
to try our sport – at all levels - and stay in our sport.
Almost 14,000 people registered on our e-Learning
platform to do one or more of the courses by the end of2023, including our Safeguarding Course which has beena particular focus for our Member Federations in 2023.
• Giving people a reason to watch athletics by making ourathletes the stars of the show, more accessible, morefamous and more visible.
• But it all starts with our events andour competitions. More events that
attract more fans and broadcasters
means more money for our athletes
and for our Member Federations.
And this is the focus area for us
over the next four years:

1. President’s Report

WWW.WORLDATHLETICS.ORG– Faster paced and more excit
ing to watch, in the stadium
and at home, which means wehave a lot of work to do on
timetables and sport presentation together with our broad
casters as millions of our fanswatch our sport on television(linear and digital).
– More innovation across the board, not just the fieldof play, but ways to bring athletes and fans closer.
– More ways in which our athletes can be the stars
they deserve to be and can see a way to earning aliving from athletics.
In a decade from now we want people to look back at 2024
and say the decisions the sport made that year not only
future proofed the sport but significantly accelerated its
popularity and value. In the same way we look back at the2016 reforms which rebuilt our reputation and our credibility.

9WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Not everyone will be a winner, but we won’t jettison anything
without a considered reason and looking to the future of
athletics. There is a time to listen and a time to act. We
have listened (and we will continue to listen) but 2024 is
the year to act.
Our focus on building our data is critical for innovation where
it matters as well as our ability to make tough decisions withconfidence. The extensive research we invested in during
the Budapest 2023 World Championships has provided us,
for the first time, with comprehensive data that can help us
to robustly evolve the sport for the future in an informed
and evidence driven way.
As always, my heartfelt thanks go to our athletes, ourMember Federations, Area Associations, our HQ team, ourCouncil and Executive Board. They have all contributed toan outstanding 2023 and I know they are all excited andpassionate about 2024 and the next four years of pioneeringchange. It will be hard work, but I am confident we have acollective momentum and resources to carry us forward.

Sebastian Coe
President of World Athletics101. President’s Report

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

WORLD ATHLETICSWEBSITESOCIAL
MEDIA

18M

11.6M

USERS

OVERALL FOLLOWERS

↗ 19%

↗ 18%

4,269,621 ↗ 11%

39M

2,912,585 ↗ 19%↗ 15%

2,503,907 ↗ 21%

SESSIONS

1,478,000 ↗ 32%

137M

465,062

VIEWS

↗ 41%

↗ 14%

GROWTH SINCE 30 NOV 2022

MEDIA
RELATIONS11SHARE OF VOICEPRESSCONFERENCES
83.43% FIFA
5.28% IOC

89

PRESS
RELEASES

3.12% WORLD ATHLETICS
2.20% FIBA
1.96% WORLD RUGBY
1.67% UCI
1.51% ITF
0.33% FIVB

~150

0.31% WORLD AQUATICS
0.19% FIGPRESIDENT
INTERVIEWS
IN 29 COUNTRIESSENTIMENT8%POSITIVE

12

3%NEGATIVE

89%
NEUTRAL

MEDIAOPERATIONS

MEDIACOVERAGE
WORLD ATHLETICS COVERAGE
IN MAINSTREAM MEDIA:(NOVEMBER 22 TO OCTOBER 23)

442,521
506
PRESS

16

PRESS

20
PRESS

PHOTOGRAPHERS

#1

#2

#3

#4

#5

126,911

46,092

24,177

15,373

10,666WORLD
CHAMPIONSHIPSBUDAPEST 23

DIAMONDLEAGUE

2024
CONTINENTAL
SUMMERTOUR
OLYMPIC GAMES

2023
BOSTONMARATHON

TOP 5 ATHLETICS TOPICS

PHOTOGRAPHERS

PHOTOGRAPHERS

REACH

TOP 5 ATHLETICS EVENTS

30

28

24.6 BNARTICLES

285

1. President’s Report

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#1

#2

#3

#4

#5

126,911

46,092

31,141

24,17722,547

WORLD
CHAMPIONSHIPSBUDAPEST 23

DIAMONDLEAGUEDOPING

2024
DEBATE OVER
SUMMER
TRANSGENDER
OLYMPIC GAMESATHLETESTOP 5 COVERAGE BY COUNTRY
#1

#2

#3

#4

#5

31%

8%

7%

7%

4%

UNITED
STATES

UNITED
KINGDOMCHINAGERMANYINDIA

3 MEDIA DEVELOPMENT PROGRAMMES IN 2023 WITH
37 YOUNG REPORTERS & PHOTOGRAPHERS
FROM ACROSS THE GLOBE

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2.
EXECUTIVEBOARD
REPORTWORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

2 . E X ECU T I V E BOAR D R E PO R T
Composition and Term
Until the 2023 World Athletics Congress, the Executive Board was composed of the following members:• Sebastian COE (GBR), President• Sergey BUBKA (UKR), Senior Vice-President• Geoff GARDNER (NFI), Vice-President• Ximena RESTREPO (COL), Vice-President• Nawaf AL SAUD (KSA), Vice-President• Abby HOFFMAN (CAN), Appointed Member• Hasan ARAT (TUR), Appointed Member• Sunil SABHARWAL (USA/HUN), Appointed Member• Jon RIDGEON (GBR), Chief Executive Officer (ex officio, non-voting member)
As of after the 2023 Congress, the Executive Board is composed of the following members:• Sebastian COE (GBR), President• Ximena RESTREPO (COL), Senior Vice-President• Raul CHAPADO (ESP), Vice-President• Adille SUMARIWALLA (IND), Vice-President• Jackson TUWEI (KEN), Vice-President• Abby HOFFMAN (CAN), Appointed Member• Hasan ARAT (TUR), Appointed Member• Sunil SABHARWAL (USA/HUN), Appointed Member• Jon RIDGEON (GBR), Chief Executive Officer (ex officio, non-voting member)
The term of office is four years (2023-2027), details regarding the Executive Board are available on the website here.

16

Meetings, Core Responsibilities and Areas of WorkThe Executive Board met five times in 2023 as listed below:• 24 January, Video conference (24th)• 20 March, Video conference (25th)• 9 May, Video conference (26th)• 12 August, Budapest (27th)• 27 September, Video conference between President and Vice-Presidents• 6 December, Monaco (28th)

2. Executive Board Report

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Information Sessions
In addition to the formal Executive Board meetings, the following information sessions were held to provide an opportunity
for a more in-depth briefing and debate on relevant topics, as outlined below:• 24 October: Induction Session for Executive Board members• 25 October: Presentation on the proposed Strategic Plan (2024-2027)• 15 November: Presentation on the 2024 Annual Plan and Budget
The Executive Board has responsibility for all decisions related to the business of World Athletics including reviewing theWorld Athletics Strategic Plan; adopting and monitoring the annual plan and budget; financial planning and controllingincome and expenditure; identifying and managing risks; and developing internal controls, organisational policies, procedures,and systems.
The Executive Board reported and provided updates to Council at each Council meeting.

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Executive Board Committees
In 2023, the Executive Board Committees completed their first full cycle of operations. Details on the Committees areavailable on the website here.
Audit & Finance Committee
The Audit & Finance Committee’s primary role is to advise and assist the Executive Board in respect of its Audit function
to fulfil its responsibilities for financial reporting and internal control and in respect of its Finance function in considering
matters relating to financial management to safeguard financial stability, and to strengthen transparency and accountability.
Composition of the Committee until the 2023 Congress:• Sunil SABHARWAL (USA), Chair• Nawaf AL SAUD (KSA), EB Member• Julie ASANTE (GHA), Independent Member• Riaan CLOETE (AUS), Independent Member• Mary HARDY (GBR), Independent Member
Composition of the Committee since the 2023 Congress:• Sunil SABHARWAL (USA), Chair• Adille SUMARIWALLA (IND), EB Member• Julie ASANTE (GHA), Independent Member• Riaan CLOETE (AUS), Independent Member• Mary HARDY (GBR), Independent Member
The term of office of the Audit & Finance Committee is approximately four years from its appointment in 2023 until theconclusion of the 2027 Election Congress.
Risk Committee
The primary role of the Risk Committee is to assist the Executive Board in fulfilling its responsibilities for identifying andmanaging key areas of risk.
Composition until the 2023 Congress:• Hasan ARAT (TUR), Chair• Ximena RESTREPO (COL), EB Member• Arnis LAGZDNIS (LAT), Independent Member• Joanne MORTIMORE (CAN), Independent Member• Adille SUMARIWALLA (IND), Appointed Member
Composition since the 2023 Congress:• Hasan ARAT (TUR), Chair• Ximena RESTREPO (COL), EB Member• Maria CLARKE (NZL), Independent Member• Joanne MORTIMORE (CAN), Independent Member• Jonathan BROWN (GBR), Independent Member
The term of office of the Risk Committee is approximately four years from its appointment in 2023 until the conclusionof the 2027 Election Congress.

18Remuneration Committee
The Remuneration Committee’s primary role is to review and make recommendations to the Executive Board on the
remuneration of officials within an established remuneration policy.
Composition until the 2023 Congress:• Abby HOFFMAN (CAN), Chair• Sergey BUBKA (UKR), EB Member• Rob CLARKE (GBR), Independent Member• Jean GRACIA (FRA), Independent Member• Renee WASHINGTON (USA), Independent Member

2. Executive Board Report

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Composition since the 2023 Congress:• Abby HOFFMAN (CAN), Chair• Jackson TUWEI (KEN), EB Member• Rob CLARKE (GBR), Independent Member• Renee WASHINGTON (USA), Independent Member
The term of office of the Remuneration Committee is approximately four years from its appointment in 2023 until theconclusion of the 2027 Election Congress.

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Key Decisions
The core responsibilities of the Executive Board and its committees have been outlined above. Key decisions taken by
the Executive Board in 2023 can be summarised as follows:

Focus

Decision

Administration

The Executive Board made the following decisions:• Approved the appointment of Sport Resolutions as the independent secretariat to the
Safeguarding Case Management Group until 31 December 2024
• Approved the Executive Board Committee appointments 2023-2027• Voted for the Member Federation of the Year Award recipient• Approved the Pioneering Change Strategic Plan 2024-2027 and recommended it to Council• Approved the recommendation for Mike Cook to be independent member to the Integrity Unit
Board Appointments Panel for 4 years

Risk management The Executive Board received updates from the Risk Committee and followed the Committee’s
recommendations to approve the updated Corporate Risk Registers at regular intervals.
The Executive Board received regular risk assessments and proposed mitigations from the Risk
Committee when considering matters relating to:• Annual plans and objectives• Bidding for WAS Events• Major transactions• Strategic initiatives
The Executive Board received regular updates on global trends, and major geopolitical risks andeconomic outlook.

20

Major
Transactions

EB approved the following major transactions:• To enter into an exclusive negotiation period with Deloitte for technology sponsorship (atthe official supplier level). Sponsorship would be granted in exchange of VIK enabling World
Athletics to offset the technology investments underpinning our digital initiative (e.g., event
management system, fan experience, competition data services, etc.). Following further
negotiation, the deal was submitted to the EB for final review and accepted• An agreement with European Athletics for statistical services namely providing access to
European athlete and competition data through the WA portal and programming interface. The
service also includes statistical expertise to support EA competition activities• The EB approved the major transaction relating to the Accommodation Allocation Agreementwith the Paris 2024 Organising Committee• The EB approved the new host broadcast partner (Tata/HBS)

Remuneration

As recommended by the Remuneration Committee, the Executive Board unanimously approved
the following:• The remuneration and expenses applicable to the elected and appointed members of all World
Athletics governance bodies and positions• The mandate and authority of the Remuneration Committee and Executive Board to develop
and approve remuneration policies

Focus

Decision

2022 Audits

Upon the recommendation of the Audit & Finance Committee, the Executive Board approved the:• Audited financial accounts for 2022
• 2022 non-financial audit of governance & ethical compliance• 2022 non-financial audit of anti-doping and integrity programmes
EB inputted into the following principle to inform proposed amendments to the Constitution
relating to the audit process:• to build in flexibility with regards to the scope and frequency of the non-financial audits toestablish more qualitative and targeted assessments of the governance and integrity functions.

Project Apollo

2. Executive Board Report

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Concept approval: EB approved to enter into the Supply Agreement with Two Circles andapproved the additional budget spend of $200,000 for Project Apollo for 2023.
The objectives of Project Apollo are for WA to:• Become the largest primary Olympic sport owner of first-party data records• Own the most-consumed, dedicated athletics digital product and become a top 100 sports
publisher• Create a value exchange with MFs that accelerates their data and digital investments• Build a new asset value to fuel the next right cycle
A new Data & Digital Unit has been created, comprised of both WA and Two Circles teammembers. It represents a step change in WA’s internal capabilities and performance aspirations.
This new team is intended to bring about a cultural shift internally at WA to realise its potential as
an explicitly fan-facing, growth-oriented entity as well as a governing body

BudgetAs recommended by the Audit & Finance Committee, the Executive Board approved the World
Athletics annual plan and budget for 2024.
The EB approved the indicative budgets for 2025 to 2027.

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

22

Commercial Partnerships
Dentsu Athletics
The World Athletics/ Dentsu Steering Board continues
to work in partnership to grow commercial revenues andreported on a quarterly basis to the Executive Board on
progress against the World Athletics commercial strategy.
The World Athletics/ Dentsu Steering Board, as well as thejoint delivery, sales and media sub-groups meet regularly toensure that the commercial strategy is being implemented.

2. Executive Board Report

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Commercial Affiliates of World Athletics and the WAS
competitions
In 2023, with the World Athletics Championships in
Budapest and three additional World Athletics Series
competitions, the Executive Board was instrumental inproactively supporting the Commercial Partnerships teamin their discussions with potential partners, which led to newpartnerships with NTN and Deloitte.
World Athletics Partners
World Athletics’ partners are ASICS, NTN, Seiko and TDK.
World Athletics Media Partner
TBS is a World Athletics’ media partner.
World Athletics Media Distribution Partners
Eurovision Sport/ESPN are World Athletics’ media
distribution partners.
City of World Athletics Championships Tokyo 25 (only for
the World Athletics Championships Budapest 23)
Tokyo Tokyo.
World Athletics Supporter
Deloitte is a World Athletics’ Supporter.
World Athletics Suppliers
Mondo is an official supplier, as are Pinsent Masons and Nielsen.

World Athletics’ Official Partners are set out here on theWorld Athletics website.
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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

STRATEGY FORGROWTH
2020-2023

Our Vision

TO USE THE
POWER ANDACCESSIBILITY OF
ATHLETICS AND OUR
ATHLETES TO CREATEA HEALTHIER AND
FITTER WORLD
Our Mission

GROW

Grow the sport of athletics and make it
relevant in people’s lives and in the lives of
their communities.

LEAD

INSPIRE

Create globally appealing and accessible
competitions, events, and activities so ourtalented athletes can entertain and inspire
the world.

Be the best example of a well-governed
sports federation taking brave leadershipdecisions and valuing partnerships thatdeliver athletics around the world.

Our Approach
By doing the good things we do already even better via a programme of continuous improvement, and by delivering new innovative initiatives and programmes.

Our Goals

PARTICIPATIONPEOPLEFANSPARTNERSHIPS

We will deliver more events at every
level of the sport. From more worldclass athletics competitions in allcontinents at national, regional
and international level, through toensuring there are opportunities forchildren to try our sport wherever
they live and campaigns for more
people to get active through running.

We will celebrate, support anddevelop the people (coaches,
officials, volunteers and professionals)
who deliver our sport throughout theworld, at every level, providing clear
access and pathways and we will
double the number of new recruits
who help deliver our sport - ascoaches and officials or in Member
Federation, event or club roles.

We want our fans to attend and watch
our athletes compete, as well as get
to know and engage with themthrough new platforms and initiatives.
By 2023 our aim is to grow ourbroadcast reach, double our digital
following and create a database of
1 million known fans who actively
choose to connect and engage with
us and our sport.

As the world’s most accessible
sport we rely on strong partnerships
to deliver events and programmes
at all levels. We value thesepartnerships and aim to double
our current number of meaningfulcommercial and non-commercial
partnerships to generate new financial
and activation opportunities for our
sport, our athletes, our MF’s and ourcommunities around the world.

Our Stakeholders

Our Values

Member Federations, Athletes, Partners, Media, Fans, and Our People.

Respect, Integrity, Leadership, Commitment, Innovation, Excellence.

24© 2020 World Athletics. All Rights Reserved.

World Athletics Strategy for Growth 2020-2023
The Executive Board reviewed the progress made in 2023
against the 16 key goals of the Strategic Plan (15 of whichwere delivered). A summary of the outcomes achieved isprovided below under each of the four strategic pillars.
More Participation• World Indoor Tour and Continental Tour one-day
meetings, sanctioned by World Athletics, increased fromjust over 20 to almost 300. This included the launch ofContinental Tour Gold Label events in five of the six
Area Associations, plus 257 Road Race Label events in
53 countries attracting four million participants in 2023
• Around 20,000 athletes competed in 250 top-flightchampionships and one day meetings (excluding Road
events) in 2023
• Almost half Member Federations running kids’ athletics
programmes in their country, reaching 500,000 children
in 2023 and 157 Member Federations completed thetrain the trainer programmeMore People• Investment in the World Athletics eLearning platform
and courses have seen registered users rise from 4,000
to 14,000 (with 97% of Member Federations registeredon the platform)• Council gender balance targets were met four years
earlier than initially scheduled with gender equality
achieved at the 2023 Election Congress• Member Federation capacity-building skills to drive
growth were delivered through World Plan and Member
Federation Info Sessions and regular webinars

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More Partnerships• Commercial partnerships (including with broadcasters
TBS and EBU) increased from five to 10 partnerships,
including the introduction of a new supplier level (Official
Supporters)• Increased partner activation took place in the Oregon22
and Budapest 23 World Championships, notably on the
topic of sustainability

More Fans• Half a million known fans by the end of 2023. Project
Apollo was designed to deliver the ‘known fans’ objective
quickly (initial objective of one million postponed to theend of 2024)• Social media followers increased from two to 12 million,
media reach topped a cumulative audience of 25 billion
viewers, and athletics was the number one Olympic
sport in the Tokyo Olympic Games• Audited digital consumption of the World Athletics
Championships rose from circa four million viewer hours
in 2019 to over 14 million in 2023 following Budapest
23 (+208% growth)• Full stadia was achieved at the World Athletics
Championships Budapest 23

The full Strategic Plan is available on the website here.
World Athletics Strategic Plan 2024-2027 –Pioneering Change
The World Athletics Strategic Plan for 2024-2027 wasapproved by the Council on the recommendation of the
Executive Board in December 2023.
The Strategic Plan will be formally reviewed by the Executive
Board on an annual basis with information provided toMember Federations. Ongoing details of progress will beavailable through the website, celebrating milestones as they
are reached.

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

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2. Executive Board Report

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3.
COUNCILREPORTWORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

3. COUNCI L R EPO R T
3.1 Governance & MembershipCouncil
2023 was a year of growth in athletics. Acknowledging thecomplex and ever-changing global landscape, the Council’s
focus was on adapting to fast but informed decision-making
to innovate across the sport and engaging more proactively
with all stakeholders. The importance of utilising resourcesand data to drive fan engagement and recruitment, and theintroduction of new events, programmes and initiatives werealso at the core of the Council’s action during the year.
In addition to this, the Council’s focus was on ensuring thedelivery of three World Athletics Series (WAS) events - theWorld Athletics Championships Budapest 23, the World
Athletics Cross Country Championships Bathurst 23 andthe inaugural World Athletics Road Running Championships
Riga 23 - and a full calendar of one-day meetings.
Additional key areas of oversight for the Council in 2023
included the delivery of the 54th Congress and Convention,
the WAS event bidding and event awarding process, theimplementation of the Safeguarding Policy, and the delivery
of both the Strategic Plan (2020-2023) and the World Plan
for Athletics 2022-2030.

Composition
The below listed Council Members were in office until the 2023 Election Congress and World Athletics Championships
in Budapest:• Sebastian COE• Sergey BUBKA• Geoff GARDNER• Nawaf Bin Mohammed AL SAUD
• Ximena RESTREPO• Alberto JUANTORENA• Nawal EL MOUTAWAKEL• Abby HOFFMAN• Dahlan AL HAMAD• Hamad KALKABA MALBOUM• Anna RICCARDI• Sylvia BARLAG• Hiroshi YOKOKAWA• Antti PIHLAKOSKI• Adille SUMARIWALLA• Nan WANG
• Willie BANKS• Raul CHAPADO• Dobromir KARAMARINOV• Beatrice AYIKORU• Mike SANDS• Hélio Marinho GESTA DE MELO
• Robin Sapong EUGENIO• Renaud LAVILLENIE• Valerie ADAMS

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(GBR)
(UKR)
(NFI)
(KSA)
(COL)
(CUB)
(MAR)
(CAN)
(QAT)
(CMR)
(ITA)
(NED)
(JPN)
(FIN)
(IND)
(CHN)
(USA)
(ESP)
(BUL)
(UGA)
(BAH)
(BRA)
(NMI)
(FRA)
(NZL)

President
Senior Vice-President
Vice-President
Vice-President
Vice-President
Individual Member
Individual Member
Individual Member
Member, Asia Area Group Representative
Member, Africa Area Group Representative
Individual Member
Individual Member
Individual Member
Individual Member
Individual Member
Individual Member
Individual Member
Individual Member
Member, Europe Area Group Representative
Individual Member
Member, NACAC Area Group Representative
Member, South America Area Group Representative
Member, Oceania Area Group Representative
Member, Athletes’ Commission Chair
Member, Athletes’ Commission Representative

Following the Election Congress on 17 & 18 August 2023, the below listed Council Members will be in office for a fouryear term through until the 2027 Election Congress:• Sebastian COE• Ximena RESTREPO• Adille SUMARIWALLA• Raul CHAPADO• Jackson TUWEI• Nawal EL MOUTAWAKEL• Abby HOFFMAN• Dahlan AL HAMAD• Hamad KALKABA MALBOUM• Anna RICCARDI• Sylvia BARLAG• Antti PIHLAKOSKI• Nan WANG
• Willie BANKS• Dobromir KARAMARINOV• Beatrice AYIKORU• Mike SANDS• Hélio Marinho GESTA DE MELO
• Robin Sapong EUGENIO• Yuko ARIMORI• Annette PURVIS• Nataliia DOBRYNSKA• Cydonie MOTHERSILL• Donna RAYNOR• Valerie ADAMS• Matthew HUGHES

(GBR)
(COL)
(IND)
(ESP)
(KEN)
(MAR)
(CAN)
(QAT)
(CMR)
(ITA)
(NED)
(FIN)
(CHN)
(USA)
(BUL)
(UGA)
(BAH)
(BRA)
(NMI)
(JPN)
(NZL)
(UKR)
(CAY)
(BER)
(NZL)
(CAN)

President
Senior Vice-President
Vice-President
Vice-President
Vice-President
Individual Member
Individual Member
Member, Asia Area Group Representative
Member, Africa Area Group Representative
Individual Member
Individual Member
Individual Member
Individual Member
Individual Member
Member, Europe Area Group Representative
Individual Member
Member, NACAC Area Group Representative
Member, South America Area Group Representative
Member, Oceania Area Group Representative
Individual Member
Individual Member
Individual Member
Individual Member
Individual Member
Member, Athletes’ Commission Chair
Member, Athletes’ Commission Deputy Chair

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During its meeting on 24 October 2023, the Athletes’ Commission elected Dame Valerie Adams as Chair and Matthew
Hughes as Deputy Chair of the Commission, and they therefore joined the Council as the two Athletes’ Commission
representatives with full voting rights.
Council has achieved gender balance four years ahead of schedule, with 50% representation of each sex for the 20232027 mandate.
The role of Council is to govern the sport of athletics; its term of office is four years (2023-2027), and details regarding
the Council are available on the website here.
Council Meetings
The Council met on four occasions in 2023:• 230th Council meeting, 21-23 March, video conference• 231st Council meeting, 13/14 August, Budapest, HUN• 232nd Council meeting, 27 August, Budapest, HUN• 233rd Council meeting, 7/8 December, Monaco
The Council meeting which took place in March 2023 was held by video conference over three sessions of approximately
three hours. The Council meetings in Budapest and Monaco were in a hybrid format, with Council members and presenters
also able to join virtually as applicable.

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Council Information Sessions
In addition to the formal Council meetings, the following
information sessions were held throughout the year toprovide an opportunity for a more in-depth briefing anddiscussion on relevant topics, as follows:• 27 February: Bidder presentations for the 2024 World
Athletics Race Walking Team Championships, the 2026
World Athletics Indoor Championships, and the 2026
World Athletics U20 Championships• 2 March: Discussion on the future of the WAS Events,
including an overview on the status of each WAS eventand focusing on key questions to evolve and enhancethe events• 7 March: Discussion on the Eligibility Regulations for
the Female Classification (Athletes with Differencesof Sex Development) and Eligibility Regulations forTransgender Athletes including the feedback received
during the consultation• 13 April: Review of competition matters including theWorld Athletics Race Walking Team Championships
reform, the Paris 2024 Marathon Race Walk Mixed Relay,
proposed amendments to competition management
practices for the World Athletics Championships
Budapest 23, and to Competition and Technical Rules• 10 May: Proposed objectives and principles for the new
Athletes’ Representatives Rules• 4 July: Bidder presentations for the 2025 & 2026 World
Athletics Road Running Championships• 25 July: Review of the proposed Safeguarding Rules,
Athletes’ Representative Rules and amendments to theIntegrity Code of Conduct; Disciplinary Tribunal; AIU
Rules; Disputes & Disciplinary Proceedings Rules• 5 October: Induction Session for Council members• 19 October: Presentation on the World Athletics
Championships Budapest 23 research findings• 26 October: Introduction to the proposed two tier WAS
Event concept• 28 November: Presentation on the proposed Strategic
Plan (2024-2027)
As well as meeting formally, the Council also made decisions
via email on an as needs basis to facilitate progress and meetdeadlines as appropriate.
The key decisions of the Council and their subsequent
implementation by the headquarters (HQ) are summarisedin the relevant sections of this Annual Report.

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World Athletics Awards 2023
The World Athletics Awards 2023 were celebrated via theWorld Athletics social media platforms between November
and December 2023. The Coaching Achievement Awardwas the first of the honours announced on 4 December.
Further announcements were made throughout the week,
concluding with the World Athletes of the Year and Rising
Stars on 11 December.
In total, 14 awards were celebrated and the related press
releases announcing each award winner can be accessed here.
Six world champions and world record-breaker athletes wereannounced as World Athletes of the Year for 2023. The
World Athlete of the Year awards were adapted following
feedback received during the voting process. Many
sensational performances – including an extraordinary
23 world records – were achieved in 2023. When it came
to compiling the votes, athletes, fans and World Athletics
Family members commented that it was incredibly hard tolimit the vote to just one athlete, because of the various
disciplines and the vast differences in skill sets required. As
a result, for 2023 the World Athlete of the Year awards weredivided into three event categories: track, field and out of
stadia, and the winners were the following:

3. Council Report / 3.1 Governance & Membership

WWW.WORLDATHLETICS.ORG• Women’s track: Faith Kipyegon, KEN, 1500m/
mile/5000m• Women’s field: Yulimar Rojas, VEN, triple jump
• Women’s out of stadia: Tigist Assefa, ETH, marathon• Men’s track: Noah Lyles, USA, 100m/200m• Men’s field: Mondo Duplantis, SWE, pole vault• Men’s out of stadia: Kelvin Kiptum, KEN, marathon
The other award winners were:• Rising Stars: World 3000m steeplechase bronze
medallist Faith Cherotich (KEN) and world 800m silver
medallist Emmanuel Wanyonyi (KEN)• Coaching Achievement Award: Laurent Meuwly• Woman of the Year: Falilatou Tchanile-Salifou• Photograph of the Year: Mattia Ozbot• Member Federation Award: Athletics Australia• President’s Award: Abbott World Marathon Majors• International Fair Play Award: Letesenbet Gidey

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

34

54th Congress & Convention
The 54th Congress was held on 17 & 18 August 2023 in
Budapest, preceded by the Convention on 16 August.
The Congress Agenda, as approved by Council, and the fullset of Congress documentation were circulated to Member
Federations on 15 June 2023, also made available on a new
Congress23 App and presented during the Congress meeting.
The Convention programme included a plenary session led
by Deloitte which focused on the key findings and emerging
trends relevant to athletics following the Deloitte report“Forces of Change that will Shape Sport in 2030”. Four
breakout groups were then organised, covering topics suchas digital and next-generation fans, a purpose-driven world,
global growth in health and well-being, and measuring theimpact of events. Convention participants shared their viewsand experiences during these interactive sessions with the
feedback informing future World Athletics work.

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A summary of the key decisions taken by Congress isprovided below:• Elections of the President, the four Vice-Presidents andthe 13 Individual Members on Council for the period2023-2027• Amendments to the World Athletics Constitution• Appointments to the Athletics Integrity Unit Board, theVetting Panel and the Disciplinary & Appeals Tribunal• Approval of the Council Report for the previous two
financial years ending 31 December 2022 including thefinancial and non-financial audits• Award of Honorary Titles, Orders of Merit, Plaques ofMerit and Veteran Pins
The titles and awards granted by Congress on therecommendation of Council, are summarised below.

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Veteran Pins
The Congress approved to grant the Veteran Pin to the following recipients for their long and meritorious service to thecause of Athletics within World Athletics and/or Area Association activities:

Area

Nominees

Country

AfricaSiphatisiwe Machaya

Zimbabwe

Hamdi Abderahim

Egypt

Elhadj Amadou Dia Ba

SenegalJee Isram

Mauritius

Filomena Barros Dos Reis

Timor Leste

Hajymyrat Rahmanov

Turkmenistan

Saad Shaddad Al-Asmari

Saudi Arabia

Pierre Weiss

FranceMalcolm Rogers

Great Britain & NI

Sirje Lippe

Estonia

Imre Matrahazi

Hungary

NACAC

Jose Calixto Sierra Ramirez

Honduras

Oceania

Kevan Gosper

Australia

Selwyn Williams

FijiFrancoise Teriierooiterai

French Polynesia

Daniel Marcelino Sotto

Argentina

Monica Carolina Fredes Piña

Chile

Mario Augusto Quintero Hernandez

PanamaAsia

EuropeSouth America

Plaque of Merit
The Congress approved to grant the Plaque of Merit to the following recipients for their exceptional service to the causeof Athletics within Area Association activities:

36

Area

RecipientCountry

AfricaDerartu Tulu

Ethiopia

Asia

Prema Pinnawala

Sri Lanka

EuropeToralf Nilsson

SwedenNACAC

Donna Raynor

BermudaOceania

Bob Snow

Australia/ Papua New Guinea

South America

Ximena Restrepo

Colombia

Golden and Silver Order of Merit
The Congress approved to grant the Golden and Silver Order of Merit for their exceptional service and contribution to
global athletics as follows:• Golden Order of Merit – Sergey Bubka (UKR) & Alberto Juantorena Danger (CUB)• Silver Order of Merit – Hiroshi Yokokawa (JPN)
Honorary Titles
The Congress approved to grant the following titles of Honorary Life Member of World Athletics for their long-term service
in their respective positions on the World Athletics Council, as listed below:• Honorary Life Vice-President to Sergey Bubka (UKR)• Honorary Life Member to Alberto Juantorena Danger (CUB)
Details of the decisions taken by Congress can be found on the website by clicking here.

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55th World Athletics Congress
Congress also took note of the dates of the 55th World Athletics Congress to be held in Tokyo, Japan, on 11-12 September
2025, with the Convention to be organised alongside the Congress.

World Plan for Athletics 2022-2030
The World Plan for Athletics 2022-2030 serves as the roadmap for growth for the whole sport through until 2030. A
report was provided to Congress of progress against the actions identified for Member Federations, Area Associations andWorld Athletics within the World Plan highlighting actions successfully completed and case studies showcasing success.
The report was set out in the Congress Documents (Section IV).
World Plan Implementation Working Group
The World Plan Implementation Working Group has helped advance the strategic goals outlined in the World Plan for
Athletics 2022-2030. In 2023, the working group focused on progress evaluation, identifying opportunities for 2023,
and refining reporting approaches and timelines.
The working group leveraged Area congresses and championships to promote the World Plan globally, emphasising theneed for widespread awareness, clarity on objectives, and the availability of support (including grants) for implementing
actions.
As the working group’s mandate concluded in August 2023, there was an agreed need for ongoing oversight to sustain the
momentum of the World Plan’s implementation. The Council established the World Plan Implementation Taskforce, chaired
by Council Member Willie Banks, to continue this work indefinitely, with a review every two years. The taskforce’s focus
includes analysing annual reports, promoting the World Plan, addressing implementation challenges, and ensuring the Plan’s
actions remain aligned with World Athletics’ strategic objectives and emerging trends.

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Membership
Member Federation obligations
In line with the provisions at Article 9 of the World Athletics
Constitution, Member Federations’ compliance with their
obligations is monitored annually. All Member Federations
met their reporting requirements in 2023.
Russian Athletics Federation
During the 54th Congress in Budapest in August 2023,
Member Federations received the report from the World
Athletics Russia Taskforce chaired by Rune Andersen(disbanded on 23 March 2023) that outlined the backgroundand recommendation for the reinstatement of the Russian
Athletics Federation (RusAF). This followed seven years ofsuspension due to RusAF’s systemic failure to comply with
its anti-doping obligations. An independent audit confirmed
RusAF had met all the milestones and key performanceindicators set out in the Reinstatement Plan approved byCouncil in March 2021. The Russia Taskforce’s report also
enclosed the proposed set of 35 Special Conditions thatare imposed to ensure that RusAF’s anti-doping reforms
remain in place and continue to operate effectively following
reinstatement.
The resolutions approved by Council on 23 March 2023
were the following:
1. Taking note of the Taskforce’s report andrecommendations, Council resolved to lift
the suspension of RusAF’s membership ofWorld Athletics for breach of its anti-doping
obligations, and reinstated RusAF’s membershipof World Athletics, on the following basis:a. In addition to its other anti-doping
obligations as a World Athletics (WA) AntiDoping Rule (ADR) 15 Category ‘A’ member
federation, RusAF is required to comply withall of the Special Conditions for a period of
three years from the date of this resolution(as referenced below the Athletics Integrity
Unit (AIU) oversee compliance with WA ADR
15 and the Special Conditions)b. Council shall decide at the end of the threeyear period, based on the recommendationof the AIU, whether it is necessary to maintainthe Special Conditions, or impose different
ones, for a further period

38

2. The Taskforce was disbanded and theinternational experts stood down. The AIU wasgiven responsibility for overseeing RusAF’s
compliance with WA ADR 15.4 and 15.5 andthe Special Conditions, on the basis set out in
the Special Conditions, and also exercising (asnecessary) its powers under WA ADR 15.8 and
15.9
3. As one of the Special Conditions that RusAF
must pay all of the costs incurred by the AIU
in overseeing RusAF’s compliance with WA ADR
15.4 and 15.5 and the Special Conditions, aswell as any costs incurred by World Athletics inconnection therewith. Within 21 days after thedate of the Council resolution, RusAF signed
and returned the formal Costs Agreement
provided by World Athletics, setting out how
this obligation will be satisfied
4. If there is a minor breach of WA ADR 15.4
and/or 15.5 and/or of the Special Conditions,
the AIU shall decide what corrective action
is required. If there is a material breach of WA
ADR 15.4 and/or 15.5 and/or of the Special
Conditions (whether a breach as to payment ofcosts owed or otherwise), the AIU shall report
the breach to Council, who will decide upon theappropriate measures (which may include, if thecircumstances so warrant, a proposal being put toCongress that RusAF be expelled permanently
from membership of World Athletics), with the
AIU making any recommendations it may see fit
as to those measures
5. As a result of the Council’s reinstatement
decision, from an anti-doping perspective there
is no restriction on athletes affiliated to RusAF
competing in World Rankings Competitions.
Therefore, the Authorised Neutral Athlete(ANA) process and the work of the Doping
Review Board in respect of Russian ANAs was
discontinued
6. For the avoidance of doubt, the Council
decision to reinstate RusAF’s membership ofWorld Athletics was based on anti-doping
considerations only, and did not constrain
Council’s powers in relation to Russia’s invasionof UkraineA copy of the World Athletics Russia Taskforce’s reportis available by clicking here, and the set of 35 Special
Conditions of RusAF Reinstatement can be accessed here.
Russian Athletics Federation and Belarus Athletic
Federation
On 23 March 2023, Council reviewed its position anddecision on the sanctions on the Russia and Belarus Member
Federations following Russia’s invasion of Ukraine on 24
February 2022 with the support of Belarus. At the timeof the invasion, Council swiftly decided that such acts
were contrary to the purposes of World Athletics and its
decisions of 1 March 2022 and 10 March 2022 are recorded
in Circulars M/12/22 and M/16/22.
In relation to the Belarus Athletic Federation, Council reaffirmed the position and sanctions decided in March 2022
which continue for the foreseeable future:• There was no change to the decision of 01 March
2022, Belarussian Athletes, Athlete Support Personnel,
Member Federation Officials and Officials who are
Citizens of Belarus are excluded from World Athletics
Series Events• There was no change to the decision of 10 March 2022
against the Belarus Athletic Federation

Officials from RusAF and the Belarus Athletic Federation
participating in their respective competitions continues.
Council established a working group to advise andrecommend to Council the conditions that would need to be
met for the restrictions on Athletes and Officials from RusAF
and the Belarus Athletic Federation participating at World
Athletics Series Events to be lifted. The detail of the work
conducted by this working group is set out in the Working
Groups section of this report (Working Group on the statusof Russians/Belarusians in international Competition andEvents) on page 52.
This decision relating to the war in Ukraine was entirely
separate to the Council decision in respect of RusAF’s
reinstatement for anti-doping reasons. RusAF’s
compliance with the 35 Special Conditions (on the basisof reinstatement for anti-doping reasons) and its other antidoping obligations as a World Athletics Anti-Doping Rule
15 Category ‘A’ member federation (including oversight by
the AIU) continues.

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In accordance with the World Athletics Constitution, RusAF
and Belarus Athletic Federation were notified of the Council’s
decisions and resolutions and given the right to respond.
Further details on the above decisions are set out in thepress release issued on 23 March 2023.

Regarding RusAF, Council approved that the following
sanctions be imposed to take effect immediately (i.e. from
23 March 2023) and continue for the foreseeable future:• No hosting of any International or European athletics
events, which includes World Athletics Series,
Continental Tour meetings and other International
Competitions• No right to attend, speak and/or vote at meetings ofCongress• No accreditation to attend any World Athletics Series
events• No involvement of RusAF officials in any official World
Athletics development or professional programmes• Russian Athletes, Athlete Support Personnel, Member
Federation Officials and Officials who are Citizens of
Russia are excluded from World Athletics Series Events
for the foreseeable futureCouncil recommended to the meeting organisers of the
Diamond League, Continental Tour, Label Races and thevarious other Tours that the restriction on Athletes and39

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Rules and Regulations
All new, or amended, rules and regulations approved byCouncil in 2023 are listed below. They were communicatedto Member Federations via circular and included within theBook of Rules, which can be found on the website here.
• Constitution• Anti-doping Rules• Athletes’ Representatives Rules and Regulations• Competition Rules• Diamond League Regulations• Continental Tour Regulations, Combined Events, Cross
Country and Race Walking Tour Regulations• Eligibility Regulations for the Female Classification(Athletes with Differences of Sex Development)• Eligibility Regulations for Transgender Athletes• Governance Rules• Integrity Code of Conduct, Disputes & Disciplinary
Proceeding Rules, AIU Reporting, Investigation andProsecution Rules - Non-Doping Rules, Disciplinary andAppeals Tribunal Rules, Athletics Integrity Unit Rules• Marketing and Advertising Rules and Regulations• Safeguarding Rules• Technical Rules• World Athletics Series Regulations
A summary of the key amendments is provided below:• The Constitution– There were 13 approved amendments to theConstitution (typographical, clerical, grammatical andconsequential amendments proposed by Council
were approved by the Congress in one block vote)– Amendments included: allowing more flexibility
in World Athletics audit processes; filling a casualvacancy on Council; aligning Governance Rules andConstitution on statements by Council Members;changing the frequency and scope of non-financial
audits; allowing more flexibility to decide whether
CAS or a World Athletics appeals tribunal is themost appropriate forum for hearing appeals;
allowing for the move to a Disciplinary & Appeals
Tribunal; establishing a new process to deal withdisputes and appeals; amending the required
content of the Annual Council Report to avoid
duplication (no separate Commission reports andonly financial statements for the preceding financialyear); clarifying the authority of the Executive
Board to set remuneration policies; and tidying up
and aligning Definitions

40– Proposed amendments were circulated to Member
Federations as part of the Congress 2023
documentation and were approved by Congress inAugust 2023
• Governance Rules– Amendments to allow flexibility for timelines of theappointment processes for the Executive Board (andits Committees) and the Commissions to ensure that
their composition and therefore the operation ofthese bodies can be done as soon as possible after
the Congress; and to allow for flexibility to increase
the number of members on the Commissions• Anti-Doping Rules– To include consequential amends to RusAF’s reinstatement (for anti-doping reasons) as approved
by Council, to clarify procedures and to reflect the
AIU’s experience in implementing its anti-doping
programme over the course of the last two years– To strengthen Rule 15.5.1(c) of the World Athletics
Anti-Doping Rules specifically as it relates to theminimum testing requirements for athletes from Cat
egory A Member Federations prior to major events(1. That the first out-of-competition test of therequired three occurs at least 12 weeks prior to theevent; and 2. That all required testing for the purposes of the Rule be completed just prior to final
entries – at the deadline for refusal of quota places– rather than right up to the start of the event). TheAIU Board considered that the right balance is forthe minimum starting point for testing under Rule15.5.1(c) be 12 weeks, with the matter kept underreview• Marketing and Advertising Rules and Regulations– Amendments mainly concerned the number, size,
placement and measurement of logos on athlete
kit, the display of sponsor and event logos from an
event branding perspective, updated references
to rules to reflect the corresponding new World
Rankings Competitions Definition and tidying up
the Rules and Regulations by avoiding duplication
and risk of inconsistency• Female Classification (Athletes with Differences of Sex
Development) (the DSD Regulations) and Eligibility

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Regulations for Transgender Athletes (the TG Regulations)– Amendments to the DSD Regulations and to the TG
Regulations from 31 March 2023. For DSD athletes,
the new regulations require any relevant athletes toreduce their testosterone levels below a limit of 2.5
nmol/L for a minimum of 24 months to competeinternationally in the female category in any event,not just the events that were restricted (400m to
one mile) under the previous regulations. For transgender athletes, it was agreed to exclude maleto-female transgender athletes who have been
through male puberty from female World Rankingscompetition from 31 March 2023. Further informa
tion was provided in the related press release dated
23 March 2023
• Diamond League Regulations, Continental Tour Regulations,
Race Walking Tour Regulations, Combined Events Tour
Regulations and Cross Country Tour Regulations– Amendments to provide clarification of requirements
for facilities/equipment or course certification;
provide clarification on level and provenance ofTechnical Delegates for different levels; mitigate therisk of Athletes and Athlete Representatives pullingout at the last minute of their existing commitments
to appear at a meet (Diamond League/ContinentalTour); increase the number of anti-doping tests
in agreement with the AIU; embed mandatory
sustainability requirements to reduce environmental
impact; provide for repayment of prize money(where World Athletics pays the prize money) andsuspension of the athlete until repayment of thesame in case of breach of the applicable Rules andRegulations– Insertion of new Regulation 4.4 to the Diamond
League Regulations. The amendment provides
for the creation of a ‘Global Wild Card’ aiming
to improve the final by allowing in exceptional
circumstances athletes who were unable to qualify
by points to compete, while not jeopardising thequality and integrity of the entire series• Competition Rules & Technical Rules– Amendments to the Competition Rules and Technical Rules, as recommended by the Competition
Commission and submitted by Member Federations,came into force from 14 August 2023 or from 1
November 2023. Details of the changes are available
in the technical information section of the website
42• Athletes’ Representative (AR) Rules– New rules that transform and modernise the current
processes to be an authorised AR with Rules 1 to4, 6 to 12 and 23 to 29 effective from 1 Septem
ber 2023 and Rules 5, 13 to 22 and Appendix 1 inforce from 1 January 2024
– The main objectives underpinning the new AR Rules
are to:∙ set minimum professional and ethical standards
for the occupation of ARs (which are consistent
on a global basis)∙ set a standard licence fee for all ARs∙ protect the integrity of all World Athletics events∙ ensure that the AR to athlete relationship is founded
upon ‘acting in the best interests of the client’s∙ protect ARs and athletes from abusive, excessive,and speculative practices∙ establish a simple and effective dispute resolu
tion and disciplinary process∙ provide transparency for any permitted conflictsof interest∙ enhance transparency in financial and administra
tive affairs• Safeguarding Rules– The new Safeguarding Rules provide for a casemanagement group to review issues and the resultsof investigations and interviews and ultimately
determine what risk the alleged perpetrator
poses. The case management group will decide
any conditions or sanctions on the perpetrator’s
ongoing involvement in athletics. Any appeal will
be on the reasonableness of the case management
group’s decision. The objectives are to minimise theneed for those who have been abused to have togive evidence before their abuser, and to facilitate
the prompt removal from the athletics environmentof a person who appears likely to reoffend• Various Disciplinary Rules– In parallel to the development of the new Safe
guarding Rules, a review was carried out of the key
disciplinary based rules as follows:∙ Integrity Code of Conduct – Book D1.1
∙ Athletics Integrity Unit Rules – Book D2.1
∙ AIU Reporting, Investigation and Prosecution
Rules - Non-Doping Rules – Book D4.1

∙ Disciplinary and Appeals Tribunal Rules - Book
D5.1
∙ Disputes & Disciplinary Proceeding Rules – Book
D5.2
The review was initiated following a growing number ofminor disciplinary matters occuring at competitions (e.g.
unsporting or improper conduct on the field of play)that were either identified or reported to World Athletics
after the competition but were not serious integrity
matters. At the time, the only process available to deal
with such matters was referral to the AIU to investigate
and bring proceedings before the Disciplinary Tribunal
with appeals to the Court of Arbitration for Sport. In
addition clarification concerning breaches by organisersof specific competition regulations (e.g. Continental
Tour, Label Race Regulations) and other regulations
such as the Marketing & Advertising Regulations wasneeded. The appropriate process for breaches that are
not serious integrity issues is through an expeditious
and simplified investigation and decision-making
process with the appropriate sanctions (with the ability
to challenge such administrative decisions). Accordingly,
the above mentioned disciplinary rules were amended
to create the role of a new Disciplinary Officer and an
appeals division within the Disciplinary and Appeals
Tribunal to manage such breaches whilst ensuring close
co-ordination with the AIU’s existing procedures.

the events conducted (track, jumps, throws). An
approach to implement surfaces of different tensile
strength but of the same brand and model between
track and field areas of the field of play is being
explored with manufacturers and tested with someof the athletes concerned, with the aim to avoid therecently experienced issues

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WWW.WORLDATHLETICS.ORG• Specific WAS Event Regulations– Modification to the regulations for the Marathon
Race Walk Mixed Relay to disqualify a team uponreceipt of a seventh red card
– Amendment to increase the number of Combined
Events athletes at the World Athletics Indoor Championships), World Athletics Championships andOlympic Games from 12 to 14 for the 2025 World
Athletics Indoor Championships, and to review thequalification conditions, maximising opportunities forathletes competing in the indoor season• Track & Field Facilities Manual– Amendments to the Track & Field Facilities Manual
regarding difference in composition in high stressareas of the competition infield– The Construction of the Track section stipulates
track thickness requirements. However, recent
experience has shown that synthetic surfaces canundergo very different stress levels depending on
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44

Safeguarding Policy
The World Athletics Safeguarding Policy, on the website,requires all Member Federations to have their own
safeguarding policy and procedures in place by 31
December 2023 and tools and guidance are available on
the World Athletics website to help. Safeguarding materials
to assist the Area Associations with the development andadoption of their own safeguarding policies and procedures
were also developed.
The Safeguarding Essentials online training course wasdeveloped and launched in autumn 2023 and is available on
the World Athletics eLearning platform in seven languages(English, French, Spanish, Portuguese, Chinese (Mandarin),
Arabic and Russian). The course is now mandatory for all
athletes representatives and has been incorporated into
coaches’ and technical officials’ courses.
Face-to-face safeguarding training took place in May 2023
at the Oceania Congress. Further in-person training wasdelivered to Member Federation delegates at the World
Athletics Championships in Budapest using the animations
and training resources produced for the online training coursewith the aim of encouraging delegates to consider how thesemight be used in their own countries to train others.

Council adopted new Safeguarding Rules in August 2023
with a new risk-based approach and the appointment ofSport Resolutions as the Secretariat for the Safeguarding
Case Management Group.
As further work is required to embed awareness of
safeguarding to establish reporting and meaningful follow up
on safeguarding concerns as norms within World Athletics,
Council agreed that the work relating to safeguarding
continue with the support of a representative taskforce.
The Safeguarding Taskforce will work closely with the HQ
Safeguarding team and other partners including the AIU, theAthletes’ Commission, Areas and MFs, reporting regularly
to Council. Future plans in 2024 in relation to safeguarding
include to update the World Athletics Safeguarding Policy,
ensure safeguarding plans for all World Athletics Series
events, the development of two more advanced safeguarding
courses and the further rolling out of the Essentials course
to as many people as possible making it mandatory whereappropriate.

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An Event Safeguarding Plan was developed for the World
Athletics Championships in Budapest, which included theappointment of both a World Athletics Safeguarding Officer
and a LOC Safeguarding Officer for the Championships.
The World Athletics Safeguarding Officer was able to take
immediate safeguarding measures at the Championships andliaise with the AIU and the LOC on safeguarding mattersdepending on the nature of the incident reported.

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Human Rights Policy
In July 2021 the Council approved the Human Rights
Working Group Report, one of the recommendations
was to approve an implementation plan for the report
proposals. In August 2023, Council approved the proposed
implementation plan containing a proposal against eachindividual recommendation in the Human Rights Working
Group’s Report.
A number of the Working Group’s recommendations havealready been implemented. For example, the Safeguarding
Essentials eLearning course incorporates human rights
considerations as the focus of the course is to prevent
abuse, harassment and exploitation of everyone in athletics,
however their involvement and whatever their age.
Human rights considerations also continue to be factored
into amendments to new rules and regulations. An update
report on human rights was included in the Annual Council
Report which was presented to the World Athletics
Congress on 17 August 2023.
As part of World Athletics’ Human Rights Strategy, Council
approved the Human Rights Policy, which reiterates World
Athletics’ commitment to respecting all internationallyproclaimed human rights, will be disseminated to all Member
Federations and Area Associations, and contains principles
such as:• Recognising the dignity and worth of every person
participating in Athletics• Using the power of sport to engage and drive change
for a better world• Promoting equity, in particular equity of opportunity
between the sexes, dignity, and fairness in sportcompetitions and sport governance
The policy sits alongside World Athletics’ Sustainability
Policy and its Safeguarding Policy, and forms part of World
Athletics’ entire suite of Rules and Regulations relating togood governance.
The Policy can be found in the World Athletics Library.

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Appointments to World Athletics Bodies
During 2023, Council approved appointments to World Athletics bodies as summarised below.

World Athletics
Governance or
Independent Body

Membership and Appointments

Term of Appointment

Athletics Integrity Unit Board

David HOWMAN (NZL), Chair
Andrew PIPE (CAN)
Marc PELTIER (FRA)
Victoria AGGAR (GBR)
Jill PILGRIM (USA)
Abby HOFFMAN (CAN), Council Member (nonvoting member)

From 27 August 2023 through tothe conclusion of the 2027 Election
Congress (approx. four years)

Athletics Integrity Unit Board
Appointments Panel

Antti PIHLAKOSKI (FIN), Council Member
Mike COOK (USA), Independent member

From 27 August 2023 through tothe conclusion of the 2027 Election
Congress (approx. four years)

Athletes’ Commission

Valerie ADAMS (NZL), Chair
Matt HUGHES (CAN), Deputy Chair

Elected by the Athletes’ Commission on
24 October 2023

Bingtain SU (CHN)
German Pablo CHIARAVIGLIO (ARG)
Halimah NAKAAYI (UGA)Henry FRAYNE (AUS)
Milcah CHEMOS CHEYWA (KEN)
Paola BONILLA (ECU)

Appointed from October 2023 forapprox. four years (until the appointment
by Council of the next group of members)

Renaud LAVILLENIE (FRA)
Aisha PRAUGHT-LEER (JAM)
Diego GARCIA CARRERA (ESP)
Jasmine TODD (USA)Adam GEMILI (GBR)

Elected from WCH Budapest, August2023 until four years later at theconclusion of the 2027 WCH

Raúl CHAPADO (ESP), Chair
Cydonie MOTHERSILL (CAY)
Antti PIHLAKOSKI (FIN)
Anna RICCARDI (ITA)
Germán Pablo CHIARAVIGLIO (ARG)
Jasmine TODD (USA)Samantha CULBERT (AUS)
Gavin (Feng) YANG (CHN)
Siddiq IBRAHIM (SUD)
David KATZ (USA)Ellen VAN LANGEN (NED)
Libor VARHANÍK (CZE)
Michael WHITTINGHAM (GBR)
Mariko YAMADA (JPN)
Sebastian COE (GBR), President (ex officio)

From 5 November 2023 through tothe conclusion of the 2027 Election
Congress (approx. four years)

Competition Commission

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World Athletics
Governance or
Independent Body

Membership and Appointments

Term of Appointment

Development Commission

Geoff GARDNER (NFI), Chair
Beatrice AYIKORU (UGA)
Annette PURVIS (NZL)
Donna RAYNOR (BER)
Adille SUMARIWALLA (IND)
Anna RYZHYKOVA (UKR)
Adam BISHOP (AUS)
Nick BITEL (GBR)
Marco LUQUE (BOL)
Karin GRUTE MOVIN (SWE)
Edith SKIPPINGS (TKS)
Tendayi TAGARA (ZIM)
Sebastian COE (GBR), President (ex officio)

From 5 November 2023 through tothe conclusion of the 2027 Election
Congress (approx. four years)

Governance Commission

Francis DODOO (GHA), Chair
Yuko ARIMORI (JPN)
Sylvia BARLAG (NED)
Aisha PRAUGHT-LEER (JAM)
Gerardo ACOSTA (PAR)Carlota CASTREJANA (ESP)
Dagmar FREITAG (GER)
Iñaki GÓMEZ (CAN)David GRACE (AUS)
Jinaro KIBET (KEN)
Alexander LEUNG HONG SHUN (HKG)
Norman WAIN (USA)Sebastian COE (GBR), President (ex officio)

From 5 November 2023 through tothe conclusion of the 2027 Election
Congress (approx. four years)

Executive Board Audit &Finance Committee

Sunil SABHARWAL (USA), Chair
Adille SUMARIWALLA (IND)
Julie ASANTE (GHA)
Riaan CLOETE (AUS)
Mary HARDY (GBR)

From 31 October 2023 through tothe conclusion of the 2027 Election
Congress (approx. four years)

Executive Board Risk
Committee

Hasan ARAT (TUR), Chair
Ximena RESTREPO (COL)
Joanne MORTIMORE (CAN)
Jonathan BROWN (GBR)
Maria CLARKE (NZL)

From 31 October 2023 through tothe conclusion of the 2027 Election
Congress (approx. four years)

Executive Board Remuneration
Committee

Abby HOFFMAN (CAN), Chair
Jackson TUWEI (KEN)Rob CLARKE (GBR)
Renee WASHINGTON (USA)From 31 October 2023 through tothe conclusion of the 2027 Election
Congress (approx. four years)

Executive Board
Appointments Panel

Gordon ORLIKOW (CAN), Convenor (independent
member)Nawal EL MOUTAWAKEL (MAR), Council Member
Sebastian COE (GBR), President (ex officio)

From 27 August 2023 through tothe conclusion of the 2027 Election
Congress (approx. four years)

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

World Athletics
Governance or
Independent Body

50

Membership and Appointments

Term of Appointment

Disciplinary & Appeals Tribunal Charles HOLLANDER (GBR), Chair
Ahamed EBRAHIM (ZIM)
Monty HACKER (RSA)
Dinga NYOH MTHIAS (CMR)
Kate O’REGAN (RSA)
Peter KOH (SGP)
Akira KAWAMURA (JPN)
Parth GOSWAMI (IND)
Christopher QUINLAN (GBR)
Raj PARKER (GBR)
Lucas FERRER (ESP)Paul-Filip CIUCUR (ROU)
William NORRIS (GBR)
Anna BORDIUGOVA (UKR)
Conny JORNEKLINT (SWE)Anna SMIRNOVA (RUS)
Dennis KOOLAARD (NED)
Julien BERENGER (FRA)
Nick DE MARCO (GBR)
Joelle MONLOUIS (FRA)
Hannu KALKAS (FIN)
Tanja HAUG (GER)
Erika RIEDL (SUI)David SHARPE (GBR)
Tom MURRAY (USA)Francisco LARIOS (NCA)
Yves FORTIER (CAN)
Harveen THAULI (CAN)
Stefan FABIEN (TRI)
Benoit GIRARDIN (CAN)
Annabelle WILLIAMS (AUS)Jack ANDERSON (IRL)
Ian HUNT (NZL)
Alan GALBRAITH (NZL)
Pedro FIDA (BRA)
Eduardo AMORIN (BRA)

From 18 August 2023 through to the firstCouncil meeting after the 2027 Congress(approx. four years)

Election Oversight Panel

Margot FOSTER (AUS), Chair
Robert KAYIHURA (UGA)Jon NAPIER (GBR)
Vidushpat SINGHANIA (IND)
Sally CLARK (GBR)

From March 2023 through to theconclusion of the Election Congress in
2027 (approx. four years)

Nominations Panel

Gordon ORLIKOW (CAN), Convenor
Chantal BRUNNER (NZL)
Catherine THYRA FORDE (TTO)
Rob CLARKE (GBR)
Sebastian COE (GBR), President (ex officio)

From 13 August 2023 through tothe conclusion of the 2027 Election
Congress (approx. four years)

Therapeutic Use Exemption
Committee

Funihiro YAMASAWA (JPN), Chair
Alma KAJENIENE (LTU)
Pedro BRANCO (POR)
Lucienne ATTARD (MLT)

From 23 March 2023 to 22 March 2027
(four years)

Screening Body

Ingrid BEUTLER (NZL/GBR)
Susan AHERN (IRL)

From 23 March 2023 through tothe conclusion of the 2027 Election
Congress (approx. four years)

World Athletics
Governance or
Independent Body

Membership and Appointments

Term of Appointment

Vetting Panel

Don MACKINNON (NZL), Chair
Esi SCHIMMING-CHASE (NAM)
Professor Mark PIETH (SUI)

From 18 August 2023 through to the firstCouncil meeting after the 2027 Congress(approx. four years)

Athletes’ Representative PanelDavid GRACE KC (AUS), Chair
Raul CHAPADO (ESP), Deputy Chair
Petr STASTNY (GER)
Cherry ALEXANDER (GBR)
Jinaro KIBET (KEN)
Spencer BARDEN (GBR)
Sarah AUSTIN (USA)Marton GYULAI (HUN) (ex officio, non-voting)From 18 October 2023 to 17 October
2027 (four years)

Safeguarding Taskforce*

Abby HOFFMAN (CAN), Chair
Willie BANKS (USA)
Beatrice AYIKORU (UGA)Francis DODOO (GHA)
Brian SHAPIRO (USA)Karin GRUTE MOVIN (SWE)
Tigor TANJUNG (INA)
Yvonne MULLINS (AUS)
Ivet LALOVA-COLLIO (BUL)Halimah NAKAAYI (UGA)
Sebastian COE (GBR), President (ex officio)

From 27 August 2023 for an indefinite
period of time, which Council will review
every two years

World Plan Implementation
Working Group**

Willie BANKS (USA), Chair
Beatrice AYIKORU (UGA)
Antti PIHLAKOSKI (FIN)
Adille SUMARIWALLA (IND)
Robin SAPONG EUGENIO (NMI)
Ximena RESTREPO (COL)
Jean GRACIA (FRA)
Aisha PRAUGHT-LEER (JAM)
Geen CLARKE (CRC)
James MOLOI (RSA)
Sebastian COE (GBR), President (ex officio)

Extended from 8 March 2023 to 31
August 2023

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WWW.WORLDATHLETICS.ORG* In August 2023, Council agreed that the work of the Safeguarding Working Group should continue with the support of a representativetaskforce comprising of the members of the former Safeguarding Working Group.
** In December 2023, Council approved the establishment of a World Plan Implementation Taskforce building on the previous composition andwork of the Working Group to continue the work on the World Plan. It was approved that the Taskforce would continue to be chaired by Council
Member Willie Banks and be appointed for an indefinite period which Council will review every two years.

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Commissions
The Athletes’, Competition, Development and GovernanceCommissions held their first meeting of the 2023-2027 termin the lead up to the December 2023 Council meeting andeach respectively reported to Council on their key activities
and areas of focus for the next four years. Council approved
the terms of reference for the above-mentioned groups
which can be found in the World Athletics Library on thewebsite.
The detail of the Commissions’ approved recommendations
is set out in this Annual Council Report.

Working Groups
Working Group on the Status of Russians/Belarusians inInternational Competition and Events
In March 2023 when Council decided a series of exclusion
sanctions in respect of the Belarus Athletic Federationand the Russian Athletics Federation (see the section on
membership in this Annual Report and the press release
issued in March 2023), Council agreed to set up a working
group to review the current resolutions and to advise
Council on the future conditions and criteria needed to bein place if Council were minded to permit participation at
the Olympic Games and at WAS Events at some point in
the future.
Council approved the members of the Exclusion Sanctions
Working Group as follows:• Francis DODOO (GHA), Chair• Beatrice AYIKORU (UGA)• Anna RICCARDI (ITA)• Lea SPRUNGER (SUI)• Ami BARAN (ISR)
The working group’s role includes to advise Council on thefollowing:• Whether the Sanctions are sufficient or if they should
be replaced, added, or varied with other sanctions to be
imposed pursuant to Article 13 of the World Athletics
Constitution (for example, whether different types ofcompetitions need to be treated differently)• To consider the conditions and criteria that would need
to be in place to permit at some point in the future
participation of Russian and Belarusian Athletes, Athlete
Support Personnel, Member Federation Officials andOfficials participate and/or attend World Athletics
Series Events or the Olympic Games52• If permitted, the basis upon which the Working Groupwould propose objective criteria, conditions, or otherappropriate requirements on such persons (e.g. cap
on numbers, differentiating athletes that qualify bystandard and world rankings, priority for athletes in
the international registered testing pool, differentiating
athlete age groups etc.) and the accompanying process
to consider• The threshold or criteria and associated framework,that would trigger the Council to consider what action
be taken against a Member Federation(s) under similar
circumstances
Both the Belarus Athletic Federation and Russian Athletics
Federation were informed of the role of the working groupand its members.
As of December 2023, the working group developed a
research/action plan to enhance a better understanding of
the athletics structure in Russia and Belarus, particularly
concerning athletes and support personnels’ connections
to military or national security agencies. This action plan
involved engaging with independent experts to understandthe sporting and athletics structure in these countries,
researching the qualification/ranking status of athletes
from these countries (despite their current ineligibility
for the Olympic Games), and considering the anti-doping
perspective, given both countries’ classification as Category‘A’ countries. A further consideration in respect of theRussian Athletics Federation, regards the progress against
the post-reinstatement conditions approved by Council in
March 2023.
The next steps for the working group include finalising thecollation of information, including engagement with each
Member Federation as per its action plan. The working groupaims to report on its findings and conclusions at the July2024 Council meeting. The working group’s remit ends on
13 August 2024.

Gender Diverse Athletes Working GroupIn March 2023, Council approved the formation of a working
group to consult with both transgender athletes and thetrans community on issues arising from the implementationof the Transgender Regulations (the amended Regulations
took effect from 31 March 2023 and for reference areavailable here on the World Athletics website (Book C:
Competition – C3.5)).
The working group’s mission centres on staying informedon legal, scientific, sports, and societal developments
concerning gender diverse athletes to guide World Athletics
in its programming, eligibility rules, and educational initiatives,
ensuring a thoughtful and thorough approach to upholding
its commitments to the elite global community.
Council approved the membership of the working groupas follows:• Pr. Doriane COLEMAN (USA), Independent Chair• Sylvia BARLAG (NED), Council Member• Raul CHAPADO (ESP), Council Member• Ximena RESTREPO (CHI), Council Member• Donna RAYNOR (BER), Council Member• Aisha PRAUGHT-LEER (JAM), Athletes’ Commission
Member• Jimmy LINDBERG (SWE), transgender athlete• Jan SWINHOE (AUS), MF representative• Dr Antoine BRUNEAU (FRA), MF representative• Stephane BERMON – World Athletics Health andScience Director (non-voting)

XY gender diverse athletes in that category. The final
session will focus on different pathways to inclusion in
the sport, including at elite level• The Impacts session focused on cataloguing the impactsof the existing regulations on transgender women who
qualify to compete because they have not experienced
male puberty; the domestic federations; and the medical
manager’s office at World Athletics. So that it is working
with a version of the regulations that reflects all thelatest developments that fall within the working group’s
mission, the working group has reserved the next sessionof this workstream on ways to mitigate those impacts• The Science sessions have focused on the categories
of scientific evidence that generally inform policymakers
and support the World Athletics and World Aquatics
regulations; and the XY and XX contributions to theperformance gap. The final two sessions will focus on
the prepubertal performance gap and the most up-todate information on the mitigating effects of genderaffirming hormone therapy

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The final meetings are scheduled between September andOctober 2024 when recommendations will be developed
based on the learning that has taken place over the year,with the working group to submit its final report to theCouncil at the end of 2024.

The working group’s role includes to advise Council
specifically on the following points:• How transgender and other gender diverse athletes cancompete in Athletics at elite level• How the Transgender Regulations impact transgenderand other gender diverse athletes, and steps that can betaken to mitigate those impacts• To keep abreast of ongoing research concerning theeffects of gender affirming hormone treatment on
athletic performance
At its first meeting, the working group agreed to structure
itself into three workstreams: Inclusion, Impacts, and Science.
It also agreed that learning should come before decisions.
The workstream sessions to date have followed this template:• The Inclusion sessions have focused on traditional
sports taxonomies, the rationale for the female category,
and the standard arguments for and against including

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

PanelsAthletes’ Representative Panel
Established by Council, the role of the Athletes Representative
Panel (AR Panel) is to make the decisions granted to it under
the World Athletics Athletes’ Representatives Rules (ARRules) adopted in August 2023. This includes decisions overthe licensing of Athletes’ Representatives, and disputes anddisciplinary matters arising under the AR Rules.
The members of the AR Panel, appointed in October 2023, are:• David GRACE KC (AUS), Chairperson• Raul CHAPADO (ESP), Deputy Chairperson• Cherry ALEXANDER (GBR)• Jinaro KIBET (KEN)• Spencer BARDEN (GBR)• Sarah AUSTIN (USA)• Petr STASTNY (GER)• Marton GYULAI (HUN), Non-voting Member
As part of the World Athletics Athletes’ Representatives
licensing scheme, the AR Panel is responsible for evaluating
individual applications through a stringent vetting procedure.
In its inaugural year and first few months, the AR Panel madesignificant strides by vetting 229 applicants as part of thelicensing process of ARs. Of those applicants, 225 weredeemed eligible, and four were deemed ineligible. A numberof eligible applicants were successful in their applications
to become licensed ARs.

The Terms of Reference of the Panel, Application Form andits Decisions are available on the World Athletics website.
WAS Event Bid Evaluation Panel
In accordance with Rule 4 of the Event Bidding Rules, a
Bid Evaluation Panel (BEP) was established by Council tooversee the bid process, evaluate bids and recommend toCouncil a host for each WAS event. The members of the
BEP are:• Antti PIHLAKOSKI (FIN), Chair• Ximena RESTREPO (COL)• Nawal EL MOUTAWAKEL (MAR)• Marton GYULAI (HUN), ex-officio non-voting• Niels LINDHOLM (FRA), ex-officio non-voting
The term of office for the Council Members on the Bid
Evaluation Panel was for three years from 18 March 2021.

More information on the Panel’s work is available here.

The responsibilities, powers and duties of the BEP are set
out in the terms of reference which can be found in Appendix
2 to the Event Bidding Rules (Book C: Competition – C6.1
Event Bidding Rules).

Mechanical Aids Review Panel

The BEP’s approved recommendations are set out in thisAnnual Council Report.

Established by Council in 2021, the role of the Mechanical
Aids Review Panel is to consider individual applications
from athletes wishing to use a Mechanical Aid in athletics
competitions. The Panel processes applications submitted
pursuant to the Mechanical Aids Regulations (available in
the Book of Rules - see Book C2.1B). The members of the
Mechanical Aids Review Panel are:• David GRACE (AUS), Chair• Raul CHAPADO (ESP)• Francis DODOO (GHA)• Jinaro KIBET (KEN)• Caroline NICOL (FRA)• Anna RICCARDI (ITA)54

The term of office of the members is four years, throughto January 2025. In January 2023, the Panel issued adecision in respect of an application received in 2022. Since
its establishment, the Mechanical Aids Review Panel has
issued two decisions in total. No applications were received
in 2023.

Nominations Panel
The Nominations Panel is made up of the following members,
who were appointed by the World Athletics Council inAugust 2023 for a term of approximately four years throughto the conclusion of the 2027 Election Congress:• Gordon ORLIKOW (CAN), Convenor• Rob CLARKE (GBR), Member• Chantal BRUNNER (NZL), Member• Catherine THYRA FORDE (TTO), Member• Sebastian COE (GBR), World Athletics President

In 2023, the panel reviewed and made nominations to theCouncil for appointments to the following World Athletics
bodies (as set out in the table above):• The Disciplinary & Appeals Tribunal• The Vetting Panel• The Screening Body
• The Therapeutic Use Exemption Committee• The Election Oversight Panel• The Competition, Development and GovernanceCommissions• The proposed recipients of the Plaque of Merit, VeteranPins and Honorary Titles• The Nationality Review Panel
Details of the responsibilities, powers and duties of theNominations Panel are set out in Rule 6 of the Governance
Rules, Book B – 3.1 of the Book of Rules (available here).
Election Oversight Panel
The role of the Election Oversight Panel (EOP) is to manage
the overall candidature process, including ensuring any
deadlines and obligations are met, as well as developing
and providing guidance as applicable. The EOP is also
responsible for ensuring that all candidates for election
to World Athletics office conduct their candidacies withhonesty, dignity and moderation and in compliance with
the Integrity Code of Conduct, the Candidacy Rules andany other applicable rules and regulations; and the proper
administration of tasks relating to the organisation, runningand supervision of the elections at the Election Congress.
The following Panel members were appointed by the Council
in March 2023 through to the conclusion of the Election
Congress in 2027:

process and outcome of the Athletes’ Commission election
held during the World Athletics Championships Budapest 23.
The report was circulated to Member Federations via
Circular M/52/23 dated 19 December 2023.
Nationality Review Panel
The role of the Nationality Review Panel (NRP) is to determine
the eligibility of an athlete to compete representing a
Member Federation in National Representative Competitions
based on the criteria and application process set out inthe Eligibility Rules and Transfer of Allegiance Regulations.
In June 2023 the Nominations Panel led the recruitment
and appointment process for three new members of the
NRP commencing in August 2023 for a four year term. The
current members of the NRP are:

3. Council Report / 3.1 Governance & Membership

WWW.WORLDATHLETICS.ORG• Khalid AL-MARRI (QAT) (appointed in August 2023)• Sarah AUSTIN (USA) (appointed in August 2022)• Noelia CAICEDO COELLO (ECU) (appointed in August2022)• Jinaro KIBET (KEN) (re-appointed in August 2023)• Cydonie MOTHERSILL (CAY) (appointed in August
2022)• Rozle PREZELJ (SLO) (re-appointed in August 2023)• Susanne VAN WAERT (NED) (appointed in August
2022)
Decisions of the NRP are made pursuant to the Eligibility
Rules and Transfer of Allegiance Regulations which can befound on the website here (see Book C).
In 2023, the NRP made 21 decisions, which are summarised
here on the website (Athlete Transfer of Allegiance section).

• Margot FOSTER (AUS), Chair• Robert KAYIHURA (UGA)• Jon NAPIER (GBR)• Vidushpat SINGHANIA (IND)• Sally CLARK (GBR)
The EOP reported to Council and to Congress on theprocesses and outcomes of the election which took placeat the 2023 Election Congress including setting out theexpenditures by Candidates seeking election; and the55

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3.2 Competition & Events
World Athletics Series (WAS) Events
2023 saw the return of the full global events calendar including the World Athletics Cross Country Championships in
Bathurst, Australia which were postponed from 2020. 2023 also saw the inaugural edition of the World Athletics Road
Running Championships with the introduction of the five kilometres and the road mile. The World Athletics Championships
in Budapest was the highlight of the competition season.

Date (2023)

Competition

Location

18 FebruaryWorld Athletics Cross Country Championships Bathurst 23

Bathurst, Australia

19-27 AugustWorld Athletics Championships Budapest 23

Budapest, Hungary

1 OctoberWorld Athletics Road Running Championships Riga 23

Riga, Latvia

Key statistics and highlights from these events are outlined below.
World Athletics Cross Country Championships Bathurst 23• A total of 388 athletes took part (214 men & 174
women)• 44 Member Federations participated plus the Athlete
Refugee Team (ART)• Five countries won medals (three won gold)• 13 countries finished in the top 8• Masters Cross Country Championships were held inconjunction with the event for the first time

World Athletics Championships Budapest 23• A total of 1,994 athletes took part (1,042 men & 952
women)• 195 Member Federations participated plus the ART• Athletes from 71 countries lined up in finals• One world record and one world U20 record were set• Seven championship records, 11 area records and 73
national records were set• 22 world leading performances were set• 46 countries won medals and 23 countries won gold medals• Teams from all six Areas won gold medals: Africa (9), Asia(3), Europe (16), NACAC (20), Oceania (1) and SouthAmerica (1)• Watched by more than 400,000 ticketed spectatorsfrom 120 countries• Nearly one million website visitors a day in the firstseven days surpassing previous visitor numbers for a
World Championships• Over the nine days of the championships, 14,000 news
articles were published for a reach of 28.5 billion• Huge television audiences tuned in from all over the

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world with impressive peak numbers in key markets
such as Germany, UK, France and Finland. TBS in Japan
reported after the first weekend that their coveragereached 28 million people during the broadcast
Further statistics from the World Athletics Championships
can be found here.
World Athletics Road Running Championships Riga 23
A compact one day programme was agreed for the inaugural
World Athletics Road Running Championships, which saw theelite races and mass races held on the same day, 1 October.
• A total of 309 athletes took part (173 men & 136
women)• 53 Member Federations participated• Two world records were set (road mile)• 11 national records were set• Five countries won medals (three won gold)• 15 countries finished in the top 8• A total of 13,334 runners participated in the mass races(half marathon, half marathon relay, 5km and mile)

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

WAS Events Awarded
In 2023, Council awarded six World Athletics Series (WAS)
events, including the World Athletics Race Walking TeamChampionships (WRW) 2024 to Antalya, Türkiye; the World
Athletics Indoor Championships (WIC) 2026 to Toruń,Poland; the World Athletics Cross Country Championships(WXC) 2024 to Belgrade, Serbia; the World Athletics U20
Championships (WU20) 2026 to Oregon, USA; the World
Athletics Road Running Championships (WRRC) 2025 to
San Diego, USA and the WRRC 2026 to Copenhagen,Denmark. Across the six WAS events awarded, we received
20 expressions of interest and 11 bid submissions tomaintain a healthy level of interest from candidate cities.
Three WAS events will now be hosted in the USA between
the Oregon World Athletics Championships (WCH) 2022
and the Los Angeles Olympic Games (OG) 2028, thisoutcome fulfils the strategic objective to increase the volume
of international athletics events in that major growth market
in the build-up to the OG 2028.
The Bid Evaluation Panel also launched the bid process for
the WCH 2027 and conducted two site visits to candidate
cities. In 2024, Council will award hosting rights for the WCH
2027, the WRW 2026 and 2028, and the World Athletics
Relays (WRE) 2026 and 2028. There are also plans to launchbid processes for the WIC 2028 and 2030, the WU20 2028
and 2030, and the WXC 2028 and 2030.
The bidding calendar with the latest submission deadlines
for future WAS events is set out here.

58

3. Council Report / 3.2 Competition & Events

WWW.WORLDATHLETICS.ORG

59

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Competition Calendar 2024-2027 (including future events awarded by Council in 2023)

Date

Location/Host

Competition

1-3 March 2024

Glasgow, GBR

World Athletics Indoor Championships

30 March 2024

Belgrade, SRB

World Athletics Cross Country Championships

20-21 April 2024

Antalya, TUR

World Athletics Race Walking Team Championships

4-5 May 2024

Nassau, BAH

World Athletics Relays

1-11 August 2024

Paris, FRA

Olympic Games27-31 August 2024

Lima, PERWorld Athletics U20 Championships**

21-23 March 2025

Nanjing, CHN

World Athletics Indoor Championships*

10-11 May 2025

Guangzhou, CHN

World Athletics Relays*

13-21 Sep 2025

Tokyo, JPN

World Athletics Championships

26–28 Sep 2025

San Diego, USA

World Athletics Road Running Championships

10 January 2026

Tallahassee, USA

World Athletics Cross Country Championships

20-22 March 2026

Torun, POLWorld Athletics Indoor Championships

2026 (date tbc)

Tbc

World Athletics Race Walking Team Championships

4-9 August 2026

Eugene, USA

World Athletics U20 Championships

19-20 Sep 2026

Copenhagen, DEN

World Athletics Road Running Championships

28 March 2027

Yangzhou, CHN

World Athletics Road Running Championships*

Tbc Sep 2027

Beijing, CHN

World Athletics Championships* Postponed editions which were due to take place between 2020 & 2022.
** Due to political instability, social unrest, and natural disasters, the Peruvian Athletics Federation and the LOC were initially unable to stage
the 2024 World Athletics U20 Championships in Lima. However, the situation stabilised, and with strong support from the Peruvian Government,
the federation confirmed that they were subsequently able to host the event as previously scheduled. Therefore, Lima was reinstated as thehost city for the championships, which will take place from 27 to 31 August 2024.

Qualification Procedures and Timetables
In 2023, the qualifying procedures and/or competition schedules for the following WAS Events were approved by Council
with detailed information circulated to Member Federations and made available on the website:• World Athletics Indoor Championships Glasgow 24• World Athletics Race Walking Team Championships Antalya 24• World Athletics Relays Bahamas 24• World Athletics U20 Championships Lima 24

60

New/Revised Event and Qualification Formats

World Athletics Relays Bahamas 24 Seeding Approachfor the Paris 2024 Olympic Games

Race Walking Mixed Team Event at Paris 2024 Olympic
Games

Council confirmed that the performance of the top eightteams at the World Athletics Relays Bahamas 24 will
influence their lane positions in the first round of the Paris
Olympic Games, providing them with more advantageous
starting points. The World Athletics Relays in The Bahamas
will automatically qualify 14 teams to Paris 24.

Council approved a race walking mixed team event for theParis 2024 Olympic Games (in place of the men’s 50km
individual event held at the Tokyo Games in line with theIOC’s drive for gender equity across all sports).
The event will take place over a distance of 42.195km andwill be competed by teams of two athletes: one man and one
woman. Each athlete will complete two legs in the following
order: 1st and 3rd legs - male athlete, 2nd and 4th legs - female
athlete.
Every athlete must walk a minimum of 10km – at the Olympic
Games the distances for each leg have been adjusted to thelayout of the course and will be as follows:• Leg 1
• Leg 2
• Leg 3
• Leg 4

11.395km
10km
10km
10.8kmCouncil approved the proposal to limit the number ofsubstitutions in the 4x400m Mixed Relay to one athlete
per team at all WAS Events where it is contested, and at
the Olympic Games.

Delegate Appointments
In 2023, Council approved the delegate appointments forthe following events:

The marathon race walk mixed relay replaced the 35km
event at the 2024 World Athletics Race Walking TeamChampionships in Antalya with the top 22 finishing teams
automatically qualifying for Paris. Three additional teams will
qualify through top performance lists during the qualification
period.
The new event is based on team participation and therefore
the priority is to allow every team to finish while ensuringthat no team gets an advantage by walking irregularly.
Therefore, time penalties will replace disqualifications in caseof additional red cards for the team and will determine stops
in the penalty zone by the racing athlete as follows:• After 3 red cards		
• After the 4th red card		• After the 5th red card		• After the 6th red card		

Substitution Policy for the Mixed 4x400m Relay

3. Council Report / 3.2 Competition & Events

WWW.WORLDATHLETICS.ORG

3 min
1 min
1 min
1 min

A team receiving a 7th red card will be disqualified.
The event was agreed by the IOC and Paris 2024 and apress release issued, which is available here.

• World Athletics Championships Budapest 23• World Athletics Indoor Championships Glasgow 24• World Athletics Relays Bahamas 24• World Athletics Race Walking Team Championships
Antalya 24• World Athletics Championships Tokyo 25• Paris 2024 Olympic Games• World Athletics Indoor Championships Nanjing 25

Sport Research and Innovation
In 2023, World Athletics established an internal HQ
Research & Innovation team, composed of Jakob Larsen andFlorian Weber, who collaborate with various departments
as needed. This initiative has introduced extensive sport
research and data capture for the first time, especially at theWorld Athletics Championships Budapest 23. This enables
World Athletics to drive innovation and reform the sport
based on comprehensive and robust research, helping us
to evolve the sport for the future in a well-informed anddata-driven way.

61

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

One-Day Competitions
2023 Overview

All One-Day
Competitions(not road)

OutdoorIndoorCombined
EventsRace Walk

Cross Country

Diamond

14

-

-

-

-

Gold

13

7

5

7

15

Silver

33

18

3

5

6

Bronze

57

17

4

9

5

Challenger

126

14

-

-

-

Total

243

56

12

21

26

Diamond League
Total number of athletes: 1,085 athletes from 93 countries
Records set:
• Seven world records• 36 area records• 87 national records• 241 personal bests

Continental Tour
Total number of athletes: 15,552 athletes from 173 countries(increase from 11,793 athletes from 159 countries in 2022)
Athlete participation by Tour level:• Gold: 1,543 athletes from 104 countries (increase from
1,391 athletes from 97 countries in 2022)• Silver: 2,952 athletes from 126 countries• Bronze: 5,464 athletes from 138 countries• Challenger: 11375 athletes from 158 countries
Records set:
• One world record• Nine area records• 189 national records• 5,610 personal bests

Progress since introduction of the Continental Tour:
2020
2021
2022
2023

28 CT Meets,
69 CT Meets,
152 CT Meets,
229 CT Meets,

7 Gold12 Gold
12 Gold
13 Gold

250
200
150
100
50
0

2020

2021

Gold

2022

2023

Bronze and Silver

The detailed calendar of competitions, including full results,
is available on the website here.

62World Indoor Tour

Cross Country Tour

Total number of athletes: 3,313 athletes from 111 countries

Total number of athletes: 2,176 athletes from 55 countries

Athlete participation by Tour level:

Athlete participation by Tour level:• Gold: 630 athletes from 66 countries• Silver: 1,170 athletes from 88 countries• Bronze: 1,376 athletes from 88 countries• Challenger: 1,209 athletes from 57 countries• Gold: 1,574 athletes 48 countries• Silver: 669 athletes from 32 countries• Bronze: 111 athletes from 13 countries

Records set:

World Athletics Label Road Races• Two world records• 11 area records• 123 national records• 1,220 personal bests

Label

Number of Races

Platinum

15

Gold

39

Elite

64

Label

130

Total

248

The detailed calendar including full results is set out on thewebsite here.
Combined Events Tour
Total number of athletes: 325 athletes from 41 countries
Athlete participation by Tour level:

3. Council Report / 3.2 Competition & Events

WWW.WORLDATHLETICS.ORG

Total number of athletes: 11,038 athletes from 128 countries
Athlete participation by Label (elite athletes):• Gold: 129 athletes from 32 countries• Silver: 140 athletes from 29 countries• Bronze: 128 athletes from 26 countries• Platinum: 2,966 athletes from 88 countries• Gold: 3,735 athletes from 103 countries• Elite: 3,251 athletes from 90 countries• Basic: 3,817 athletes from 99 countries

Records set:

Records set:

• 11 national records• 86 personal bests (plus 513 in individual events)• Four world records• 13 area records• 113 national records• 2,673 personal bests

Race Walking Tour
Total number of athletes: 771 athletes from 54 countries

Information about the Label Road Races, including the calendar
and competition results, is available on the website here.

Athlete participation by Tour level:• Gold: 512 athletes from 50 countries• Silver: 118 athletes from 24 countries• Bronze: 322 athletes from 38 countries
Records set:
• Two world records• Three area records• 19 national records• 247 personal bests

63

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

2023 in numbers
B

1.2BN
viewer hours

Athletes

Teams

MFs
Gold

MFs
Top 8

Total
Impact

388

45

3

13

6.3M

across

Event

1994

196

23

71

408M

watched by

309

53

3

15

13

+2 dayfinal

Events7M

231
territories
600M
viewers(linear only)

1,085

93

Athletes

Countries

Media reach

25BN 39M
Media reachWebsite visits

12M

500K

Social media
followers

7

WRs

Fans signed up for
INSIDE TRACK

36
ARs

87
NRs

381 athletes from 65 countries finished in a top 3 position

229 15,552 173
EventsAthletes

Countries

1

WRs

9

ARs

189
NRs

5,610 person bests were recorded by athletes across the events

11,038Athletes

128

248
EventsCountries

4M

Participants

Member Federations

19

8

104

MF info sessions

EB meetings / info sessions

Council decisions

15

18

50/50

Council meetings / info sessions

Commission andCommittee meetings

64

ARNIN
LE

G

in Kids’ Athletics Day

E106
MFs and 300,000 kids involved

Gender parity on Council
4 years ahead of target

97%
of Member Federations registered on
eLearning platform

157
MFs completed Kids’ Athletics

14,000People from 207 countries registered for an

train the trainer programmeeLearning course, now available in 7 languages

Global Calendar and Competitions Held in 2023
2023 saw the consolidation of the World Rankings competitions concept and launch of the global calendar platform,
where all Member Federations must submit an application for their domestic competitions and upload the details onto thewebsite. This has created a centralised and single source for all competitions organised in compliance with World Athletics
rules and regulations and whose results are recognised for all World Athletics purposes.
In total 6,634 domestic competitions were registered in 2023 including national championships, other championships andgames, matches and invitational competitions.
From the end of 2023, the platform also receives applications for all one day meetings, label road races and official area
competitions.
Number of Competitions (across all levels and disciplines), and Number of Results* Processed in 2023 by Area

Area

Track & field, Combined Events, Race Walk
Competitions
Results

Road Running, Cross Country
Competitions
Results

Africa193

31,125

112

3,026

Asia

510

137,172

222

8,779

Europe5,503

517,884763

32,590

NACAC

1,040

335,236

294

9,478

Oceania340

37,01855

1,996South America

452

30,88985

1,641

Totals

8,038

1,089,324

1,531

57,5103. Council Report / 3.2 Competition & Events

WWW.WORLDATHLETICS.ORG*means individual results processed and recorded by World Athletics.

Road Running, Cross Country Competitions

Track & Field, Combined Events, Race Walk Competitions
AfricaAsia
Europe340

55 85 112

Asia

1,040

Europe

NACAC
Oceania

AfricaAfrica193
452 510

Asia

222

294

Europe
NACAC

NACAC
5,503

South America

Oceania

763

OceaniaSouth America

South America

World records set in 2023

Men

Women

Mixed

Total

Outdoor

8

9+1*

1

19

Indoor2

2-

4

U20 Outdoor

3+1*

1+1*

-

6

U20 Indoor

1

1

-

2

Total

15

15

1

31

*pending ratification.

World records are listed on the World Athletics website here.
65

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Trail, Mountain and Ultra Running
Innsbruck, Austria, hosted the second edition of the World
Mountain and Trail Running Championships on 7-8 June
2023. This edition saw a significant involvement by World
Athletics with a view to an even stronger cooperation in
the future ensuring mutual benefits for World Athletics,
the hosts (region and national federation) and the World
Mountain, Trail and Ultra Distance Running Associations.
The third edition will take place in Canfranc-Pirineos, Spain,
between 25-28 September 2025.

Masters Athletics
Cooperation continues with World Masters Athletics togradually integrate more and more masters competitions
alongside our WAS Events, such as during the 2023 World
Athletics Cross Country Championships.

Certification System
World Athletics maintains a certification system for a rangeof products and facilities in order to ensure uniformity andrule compliance and, therefore, comparison of performancesacross the globe. Due to the growing number of certificatesissued (and renewed) every year (especially following
the introduction of the Shoe Rules and Regulations), an
online platform has been launched at the end of 2023.
This will, progressively, allow a more efficient management
and consultation of the certification system for bothmanufacturers (and facility owners) and users (MFs, athletes,
coaches, AR, competition organisers, etc.).

Group

Details

New in 2023

Facilities (tracks)

Class 1

19

Class 2

127

Indoor

9

Total

155

1,519

Synthetic Surfaces

65

285

Equipment

217

903

Implements

123

769

Total

405

1,957

Products

66

Laboratories (accredited)

Total

Shoes

Total

As at 31/12/2023

20
135

650

Competition Manipulation Watch List
Following the introduction of the competition manipulation
watch list by Council in 2022, the below list of Member
Federations were on the watch list in 2023:• Albania• Armenia• Georgia• Kyrgyzstan• Moldova• Türkiye• Uzbekistan• Kazakhstan
The list reflects the high degree of risk of results
manipulation within the Member Federation’s territory andnot the conduct of any individual representative from theMember Federation. Any conduct related matters are for
the Athletics Integrity Unit to investigate.

3. Council Report / 3.2 Competition & Events

WWW.WORLDATHLETICS.ORG

A review from 2023 showed that, in general, overall progress
is being made and supported through a combination ofWorld Athletics referee observer visits, education andawareness, and increased number of qualified referees
via the World Athletics Referee Education & Certification
System (WARECS) exams.

Short Track
In November 2023 World Athletics has officially introduced
the Short Track concept. In essence, this is designed toensure a smooth transition between indoor athletics andthe possibility for 200m oval tracks to be installed in any
facility, whether indoor, outdoor or hybrid (with or without
a roof, temporary, etc.), and for the corresponding results
to be officially recognised by World Athletics (which was
not the case until now).
The most visible consequence from a statistical point ofview, has been the abandoning (from 1 January 2024) of
the “indoor” label from all results:• For the running events currently conducted on the oval
200m track, this is replaced by the “short track” label• For other running events conducted on the straight, andfor all field events, once we drop the “indoor” label, they
become automatically and immediately comparable tothe corresponding outdoor equivalent

67

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

3.3 Development
World Athletics supports Member Federations and Area Associations in the global growth and development of athletics
through the provision of financial grants and delivery of education initiatives and technical services and guidance.
The budget approved by the Executive Board for grant support for Member Federations and Area Associations in 2023
is set out below.
Further detail is provided of actual expenditure in the 2023 Audited Financial Statements at Appendix A of this report.

Area Associations
Area

2023 Area Association Grants (USD)
Administration

Competition

Development

Total

Africa300,000

634,500

535,000

1,469,500

Asia

250,000

395,000

265,000

910,000

Europe250,000

531,500

250,000

1,031,500

NACAC

250,000

475,000

210,000

935,000

Oceania

200,000

375,000

215,000

790,000

South America

200,000

430,000

180,000

810,000

Total

1,450,000

2,841,000

1,655,000

5,946,000

A total budget of USD 5,946,000 was allocated to the six Area Associations in 2023.
Area Administration Grant
The purpose of the Area Administration grant is to assist Area
Associations to operate effectively and efficiently so thatthey can deliver against their core roles and responsibilities.
The grant therefore covers, for example, support to maintaina permanent office as a headquarters and to defray costs
such as rent, utilities, communications, website, staff salaries,
and institutional meetings. A total of USD 1,450,000 was
provided to the Areas for this purpose in 2023.
Area Competition Grant
The purpose of the Area Competition grant is to support
the organisation and delivery of competitions at continental
level, namely area championships, regional and international
competitions, and one-day Continental Tour meetings.
2023 was the first year since the covid-19 pandemic wherefull athletics competition programmes could be delivered
uninterrupted across the globe. As a result, a total of USD
2,390,900 (of the USD 2,841,000 allocated) was provided
to the Areas for competitions in 2023.

68

WWW.WORLDATHLETICS.ORG

3. Council Report / 3.3 Development

Global Distribution of 2023 Area Competition Grant Per Category

23%
Area Championships
Regional Championships“One Day” meets

15%

62%

As illustrated above, in 2023, the grant played a significant role in supporting the delivery of Area championships acrossthe six Areas. USD 1,556,500 was invested in the organisation of 22 major Area competitions as depicted below:

2023 Area Championships
43
2

Additionally, the grant was used to support the following 12
Area regional championships (resulting in a total investment
of USD 349,400):• African Eastern Region U18-U20 championships (TAN)• African Western Region U20 championships (TOG)• Southeast Asian U18 Athletics championships (THA)• East Asian U20 Athletics championships (CHN)• CADICA Cross Country and Race Walking championships(NCA)• CARIFTA Games (BAH)• Pan American Race Walking cup (NCA)• CADICA Senior championships (CRC)• CADICA U18 & U20 championships (GUA)

Ag
e

io

na

Ra
ce

lC
up

1

Re
g

Ro
a

d

Tr
ail
d

nt
ain

an

3U1
U1

1

ou

G

ro
u

p

ed
bi
n

1

M

in
Th
ro
w
C
om

1

5

1

Ev
en
ts

1

g

1

g

nt
ry
C
ou

oo

r

1

C
ro
ss

In
d

n
ar
at
ho

3
Ha

lf
M

U2

or
ni

8
U1

Se

0
U2

1

W
alk
in

2

Ra
ce

2

• Pan American U20 Athletics championships (PUR)• CADICA U13 & U15 championships (ESA)• Ibero American U18 Championships (PER)
The competition grant also supported the delivery of 37
one-day meets, including three World Athletics Continental
Tour silver, five World Athletics Continental Tour bronze,
28 World Athletics Continental Tour challenger and one
international competition resulting in a total investment of
USD 485,000.
Overall, the competition grant contributed to the delivery of
71 competitions, providing valuable opportunities for over
11,000 athletes to showcase their talent.
69

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Area Development Grant
The Area Development grant is used to support education and development activities in each of the six Areas, including
through the Area Development Centres (ADCs).
Each of the Areas determines which activities to organise using Area Development grant based on the needs of their
Member Federations and aligned to the goals in the World Plan, namely more people (with a focus on safeguarding andgender leadership as well as coach and officials education) and more participation (supporting Kids’ Athletics delivery)
with World Athletics providing an oversight role.
The Areas are responsible for the day-to-day management of the ADCs (where applicable) in their respective region
and for the selection of educational coaching courses and seminars organised by the ADCs or Area headquarters. Twoactivities remain mandatory each year: gender leadership and Kids’ Athletics.

70Summary of the Area Activities and ADCs Status in 2023
Area

ADC and 2023 Course/Activity Details

AfricaTotal of three ADCs in Dakar, Nairobi and Cairo.
• Dakar delivered six educational courses (two in-person) and athletes training for 15 athletes(eight male/seven female). Courses included Kids’ Athletics train the trainer, safeguarding,technical directors and gender leadership• Nairobi delivered eight educational courses (three in person). Topics were Kids’ Athletics train
the trainer, electronic timekeeping, CECS Level II middle & long distance, sports medicine, andgender leadership• Cairo delivered 11 educational courses (three in person). Courses included Kids’ Athletics train
the trainer, climate change and sports performance in hot climates, injury prevention, nutritional
supplements, gender leadership and CECS Level II middle & long distance and jumps• Cairo is shared between Africa and Asia

Asia

Total of three ADCs in Beijing, Jakarta and Cairo.
• All ADCs deliver only educational activities.
• Beijing delivered seven educational activities (one in person). Courses included Kids’ Athletics train
the trainer, throws coaching, skills development in young athletes and competition management• Jakarta delivered six educational activities (three in person) including gender leadershipmoderators, WARECS workshop, CECS Level II sprints/hurdles/jumps, race walking judges,
athlete development strategy and youth coaching• Four in-person courses were carried out at the Area HQ, Bangkok• Two coaching webinars for the five Asian Russian-speaking federations were carried out by the
Kazakhstan federation• Cairo activities are as detailed above (Cairo is shared with Africa)

EuropeAll educational activities delivered either online or in the Member Federations based on a mobile
ADC model (run out of the Area headquarters in Lausanne).
• 13 courses and seminars delivered (seven in-person), including road race measurement,
safeguarding, gender leadership, a coaching summit series, a high-performance webinar series, a
CEO conference, data conference, mentoring programme, and a Kids’ Athletics train the trainer• EA supplements the World Athletics Development grant to deliver activities

NACAC

All educational activities delivered either online or in Member Federations based on a mobile
ADC model (run out of the Area headquarters in The Bahamas).
• Six activities completed (five in person), including training camps in throws and hurdles, Gender
Leadership moderators, technical delegates, and technical managers

Oceania

One ADC at the Area headquarters on the Gold Coast.
• Area delivered educational activities online, at the ADC and in Member Federations.
Additionally, the ADC supported training for 14 athletes funded by the Member Federations
and scholarships• 13 courses delivered (11 in-person) including governance, safeguarding, communications,competition management, CECS Level II Throws, Kids’ Athletics train the trainer, young leaders,and gender leadership

South America

One ADC in Santa Fe.
• ADC delivered educational activities online, at the ADC, and in Member Federations• 17 courses held (six in-person). Topics included electronic time keeping, competition systems
operators, Kids’ Athletics, young athlete training, gender leadership and CECS Level II
Lecturers refresher• ADC also assisted the Brazilian federation to complete three CECS Level II courses

3. Council Report / 3.3 Development

WWW.WORLDATHLETICS.ORG

71

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Key points regarding the activities delivered through the Areas using the 2023 Area Development grant include:• 89 activities took place, 46% of which were conducted in person• Areas’ activities covered a broad range of topics, including coaching and technical officials’ activities, Kids’ Athletics
train the trainer, safeguarding, and gender leadership• Nine Coach Education Certification System (CECS) Level II courses took place via the Areas• As the Areas have been able to hold more in person courses post covid-19, there were less participants overall taking
part in Area activities. The total number of Area course participants reduced from 5,498 in 2022 to 3,952 in 2023,
which represented a decrease of 28%• The number of female participants who participated in Area activities increased from 32% in 2022 to 40% in 2023
• In 2023, 209 Member Federations were involved in courses and activities delivered through the Areas, representing
98% of the World Athletics membership

72

Member Federations
Member Federation Grant
The Member Federation grant (MFG) supports federations to deliver their basic administrative functions and operations,and to meet their member obligations. In 2023, a total of 119 Member Federations were eligible for the MFG of
USD 15,000 and 114 Member Federations benefited from the grant, as detailed below:

Area

2023 Member Federation Grant
Number of eligible
MFs

Total (USD)

Number of MFs who
received the grant

Total amount(provided) (USD)

Africa46

690,000

43

645,000

Asia

16

240,000

15

225,000

Europe11

165,000

11

164,600*

NACAC

19

285,000

18

270,000

Oceania18

270,000

18

270,000

South America

9135,000

9

135,000

Total

119

1,785,000

114

1,709,600

3. Council Report / 3.3 Development

WWW.WORLDATHLETICS.ORG*One Federation did not request the full amount of the grant.

2023 Member Federation Grant Overall Distribution
Administration of
the Federation

25%

Organisation of national
championships
Participation inregional/continental
championships

45%
30%

NB: Data based on the 106 reports submitted
As illustrated above, in 2023 nearly half of the funds were used for administrative purposes (including salaries for staff,
office rent, utilities, purchase of IT equipment and software licences). Approximately one third of the funds were allocatedtowards the organisation of national championships (covering costs of transport, accommodation, meals, equipment forcompetition, purchase of medals and trophies and remuneration of technical officials). The remaining portion of the grantsupported athletes’ participation in regional/continental championships (supporting costs of transport, accommodation,
participation, and visas fees).

73

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Grant for Growth
In 2023, World Athletics maintained its support to Member Federations through the continuation of the Grant for Growth,building on the foundations laid following the conclusion of the 2020-22 Athletics Olympic Dividend (AOD) grant cycle
and pilot year of the Grant for Growth in 2022.
The Grant for Growth is a project-focused grant, which provided up to USD 20,000 for Member Federation projects
executed over a one-year period and aligned to the World Plan for Athletics actions.
A total of 132 Member Federations (34 in Africa, 22 in Asia, 33 in Europe, 16 in NACAC, 15 in Oceania and 12 in SouthAmerica) benefited from the Grant for Growth in 2023, resulting in a total distribution of grant funding of USD 2,387,775.

Grant for Growth 2023 Projects Supporting Delivery of World Plan Objectives
1

Maximise fan engagement via digital channels

4

Promote the sport of athletics
Established relationship with Masters Athletics
with agreed pathways and promotional plans

56Adopt policy and implement safeguarding measures

9

Create targeted recruitment plan
Use WA toolkit to enter discussions with government
to embed athletics in the school curriculum

11

Organise the practical elementsof training courses in-country

10

Develop tailored annual communication and promotional
plan with identified resources to deliver

15

Organise and deliver local face-to-face training courses(practical elements of coaching, officiating etc)
in addition to promoting online learning

18

Work with athletics clubs to establish and/or strengthen
direct links between clubs/leagues and local schools

38

Work with clubs/leagues to provide opportunities
and a pathway for sustained participation

40
0

5

10

15

20

25

30

35

40

NB: some projects support more than one World Plan objective
As illustrated above, the Grant for Growth was used by Member Federations to contribute towards delivery of a rangeof World Plan actions and objectives, which reflects the flexibility of the grant to tailor projects to meet local needs. The
majority of Member Federations used the grant for athlete focused initiatives namely providing participation opportunities
along the athlete and talent pathway and on establishing partnerships between athletics clubs and educational institutions
to support athletics opportunities for young people, primarily through Kids’ Athletics programme delivery. Additionally, asignificant number of projects supported providing quality training for coaches and officials, recognising the critical rolethese individuals play in raising competitive standards and nurturing athlete development.

74

There is a shift towards using digital platforms to engage fans and expand the sport’s reach, with several projects aimed at
maximising digital engagement and promoting athletics, in addition to projects relating to safeguarding which underscoresa growing commitment to ethical governance and athlete protection.
Overall, use of the Grant for Growth 2023 illustrates a comprehensive approach that encompasses grassroots and elite
athlete development, education, and the adoption of technology for the broader growth and sustainability of athletics.

Grant for Growth Case Studies
The following case studies provide examples of successful 2023 Grant for Growth projects.

Athletics Federation of Pakistan

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Project title: Youth athletics grassroots programme
World Plan Strategic Goal: Development pathways – from school to the world stage (More Participation)• Objective: Work with athletics clubs to establish and/or strengthen direct links between clubs/leagues and local schools
The aim of the AFP youth athletics grassroots programme was to encourage athletics participation among school-goingyouth, especially girls. Funding was used to deliver athletics in schools with a total of 78 schools and over 1,500 young
people (1,086 boys and 469 girls) involved. The initiative promoted athletics as a healthy pastime but also integrated it into
school culture, setting the stage for a development pathway from local level to the national stage. This effort highlighted
significant achievements, such as the inclusion of girls from traditionally conservative regions and the establishment of
athletics as a core activity within participating schools.
By collaborating with local governments and leveraging the enthusiasm of the community, the AFP successfully organised
events and fostered a positive environment for athletics achieving the federation’s strategic goal of increasing participation
in athletics.

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Federación Atlética de Bolivia
Project title: National team athletes support
World Plan Strategic Goals:• Development pathways – from school to the world stage (More Participation)– Objective: Work with clubs/ leagues to provide opportunities and a pathway for sustained participation• Visibility of the sport (More Fans)– Objective: Continue to invest in Area and National championships
The project enabled the participation of national team athletes in key competitions including the South American Cross
Country Championships, the Pan American Race Walking Championships, the South American U20 Championships, theSouth American Half Marathon, and the Ibero-American U18 Championships. Participation in these events supported
both development and enhancement of the athletes’ profile in the Bolivian athletics community.
In addition, to support elite athlete development, a new photofinish camera system was acquired to address the need forreliable timing equipment to meet World Athletics competition regulations. The combined efforts in athlete development
and technological advancement contributed to the growth of athletics in Bolivia and marked the initiative’s success inincreasing participation and visibility of the sport.

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Athletics South Africa
Project title: Women in sports
World Plan Strategic Goals:• Gender equality (More People)– Objective: Create a targeted recruitment plan for female administrators, coaches, and officials• Safeguarding (More People)– Objective: Adopt policy and implement safeguarding measures
The project aimed to recruit female administrators, coaches, and officials, and set a robust foundation for inclusivity andsafety in athletics, including the adoption and implementation of a safeguarding policy. Over 500 officials, coaches, andclub administrators were trained in safeguarding, and the seminars and workshops have also led to the empowermentof females, encouraging their full participation in athletics and a more balanced and equitable sporting environment.
The successful implementation of these initiatives marked a shift towards creating a safer and more inclusive athletics
community in South Africa.

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Bulgarian Athletic Federation
Project title: Safeguarding Phase 1
World Plan Strategic Goals:• Safeguarding (More People)– Objective: Adopt policy and implement safeguarding measures
The Bulgarian Athletic Federation’s project, “Safeguarding Phase 1”, aimed at embedding the principles of safeguarding
within the sports community of Bulgaria. The project sought to adapt the World Athletics Safeguarding Policy to Bulgarian
legislation, train safeguarding officers, and disseminate knowledge across the athletic community. Key outcomes included
the training of two safeguarding officers, completion of safeguarding and mediation training, and widespread awarenessthrough training of over 150 technical officials, 125 clubs, 200 coaches, and more than 3,000 athletes. A dedicatedsafeguarding platform and a 24-hour hotline were established, marking a significant step towards creating a safer sports
environment in Bulgaria.
The project’s success illustrates the federation’s commitment to the well-being of its community, ensuring that athletics
in Bulgaria is accessible, safe, and welcoming for all participants and contributing to the strategic goal of increasing
participation in the sport.

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Federated States of Micronesia (FSM) Athletic Association
Project title: Revitalising Athletics in FSM ProjectWorld Plan Strategic Goals:• Development opportunities (More People)– Objective: Organise the practical elements of training courses in-country
The project to provided development opportunities for more people, promoting gender equity, and enhancing the skillsof technical officials and coaches. This included upskilling local elementary school teachers as Kids’ Athletics coaches,
promoting gender leadership through targeted seminars, and refreshing technical rules knowledge for officiating at events
such as the OAA Cup.
The project’s outcomes were significant, the number of coaches and teachers delivering Kids’ Athletics increased from three
to 15, marking a 70% increase, and led to a 70% increase in Kids’ Athletics participation in schools. In addition, technicalofficials received training, enhancing their capabilities by 70% and contributing to the enhanced national championships’
success. These achievements underscore the project’s role in fostering a sustainable growth environment for athletics in FSM.

Grenada Athletic Association
Project title: Spice Athletics Transformation ProjectWorld Plan Strategic Goals:• Visibility of the sport (More Fans)– Objective: Build profile of the nations’ elite athletes and national teams
The project aimed to integrate modern technology in its operations and enhance communications within the athletics
community through a new database management system for athlete data, an intranet for improved communication, arevamped GAA federation website, and a ranking system to categorise athletes. These initiatives helped modernise
the federation’s infrastructure, ensuring efficient operation, and fostering a closer connection among athletes, officials,
and fans.
Additional Member Federation Financial Support
In addition to the above grants, World Athletics provides standard travel and accommodation benefits to Member
Federations linked to their participation in WAS events and the World Athletics Congress, which in 2023 included:• World Athletics Cross Country Championships – for athletes within the quota and Area Champions. Travel: 100%of an economy class airline ticket from the Member Federation headquarters to the Championships’ official airport.
Accommodation: full-board accommodation in single rooms during the three-night official period• World Athletics Congress – for the 1st Congress delegate provided that they attend the World Athletics Congress
and Convention. Travel: 100% of an economy class airline ticket from the Member Federation headquarters to theChampionships’ official airport. Accommodation: full-board accommodation during the subsidised period• World Athletics Championships – for all athletes. Travel: 100% of an economy class airline ticket. Accommodation:
full-board accommodation in twin rooms for the thirteen-night official period• World Athletics Road Running Championships: for all athletes within the quota.Travel: 50% of an economy class airline
ticket from the Member Federation headquarters to the official airport. Accommodation: full-board accommodation in
twin rooms during the four-night official period

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Overall Distribution of Grant Funding to Areasand Member Federations
In total, grant funding of USD 9,539,214 was provided
to Areas and Member Federations (comprising the Area
Administration grant, Area Competition grant, Area
Development grant, Member Federation grant, and Grant
for Growth) in 2023. The distribution of this funding acrossthe seven main categories of activity is illustrated below.
As in 2022, the largest portion of the overall distribution offunds was allocated to competitions in 2023, this aligns withthe core purpose of the Areas and Member Federations’priority of providing opportunities for athletes to compete.
The percentage of funds allocated to administration
remains high, as these grants were fully disbursed to theAreas to ensure their continued operational stability. The
grant funding used for youth and grassroots programmes
increased significantly in 2023, by 135% compared to 2022
(USD 627,713 in 2022 against USD 1,478,856 in 2023).
This growth can be attributed to the number of Grant for
Growth projects focused on Kids’ Athletics, which is a World

Plan action and priority initiative for World Athletics. In 2023,
investment in education saw a 30% rise to USD 1,015,956
from USD 779,126 in 2022 based on an increased numberof Grant for Growth projects aimed at education of coaches,
technical officials, administrators, and athletes including on
topics such as safeguarding and gender equity, as well as
the Kids’ Athletics train the trainer workshops organised ineach Area.

2023 Overall Distribution of Grants
Area Administration

15%

MF Administration
Competitions

24%

4%
11%

8%

Education
Athlete Development

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38%

Youth and Grassroots
Programmes

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Member Federation (MF) Info Sessions
Since 2020 World Athletics has been improving its connectivity with Member Federations through the delivery of regular
Member Federation Information Sessions. During 2023, World Athletics organised 14 MF Info Sessions online, in addition
to five organised in-person during the World Athletics Championships in Budapest.
154 Member Federations attended at least one of these sessions during the year which represents 72% of all Member
Federations. On average, the online MF Info Sessions had 58 Member Federations and 105 attendees per session.

eLearning

Launched in 2020, the World Athletics eLearning platform
serves as the Education Hub, offering a comprehensive
source of information for the global athletics community.
In 2023, following the eLearning strategy and the newly
devised People Plan, developed with input from theDevelopment Commission, the platform underwent
significant improvements. These included:• The introduction of platform branches to give Area
Associations and Member Federations their own spaceon the eLearning platform. This allows them to manage
their users and content. In 2023, European Athletics
launched the first branch, migrating their “I Run Clean”
anti-doping education programme• The creation of four new courses (Kids’ Athletics
eLearning course, Safeguarding Essentials, Grant for
Growth Project Management, and Coaches Level 2)• The integration of three new languages, to enhanceaccessibility: Portuguese, Russian and ArabicThis contributed to increased platform activity, with thetotal number of users growing from 5,245 to over 14,000
at the end of 2023.

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eLearning platform total user numbers per year
15000
12000
9000
6000
3000
0

2020

2021

2022

2023

At the end of 2023 there were 12 courses available on the platform with some in up to seven languages.
CourseEnglishFrenchSpanishPortuguese

RussianArabicChinese(simplified)

X

X

X

X

X

X

Technical Officials –Apprentice LevelX

National Athletics
Referee

X

X

X

WARECS* Silver
Exam Modules

X

X

X

Kids’ Athletics
eLearning course

X

X

X

X

Coaches - Level I

X

X

X

X

X

X

X

Coaches – level 2

X

X

X

X

X

X

X

Race emergency
medicine course

X

Gender leadership

X

X

X

World Athletics
Sustainability

X

X

X

Ethical compliance

X

X

X

Safeguarding
Essentials

X

X

X

Grant forGrowth ProjectManagement

XX

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X

X
X

X

X

*WARECS = World Athletics Referee Education & Certification System.

A total of 8,962 courses had been completed on the platform by the end of 2023, with Safeguarding Essentials accounting
for 40% of the total.

Course Completions

Coaches L2
Coaches L1
Kids' Athletics
Race Emergency Medicine Course
Kids’ Athletics eLearning Course
Grant for Growth
Ethical Compliance
Sustainability
Gender Leadership
Safeguarding Essentials
National Athletics Referee
Technical Officials - Apprentice Level
0

500

1000

1500

2000

2500

3000

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Kids’ Athletics
2023 marked a significant year for Kids’ Athletics. Almost two years after the initial launch, World Athletics has now
upskilled and introduced the new programme to over 150 Member Federations worldwide. In 2023, seven Train the Trainer
workshops were held across four Areas, meaning by the end of 2023, there were a total of:• 157 MFs who attended at Train the Trainer workshop and will be implementing Kids’ Athletics in their federations• 200 Kids’ Athletics leads educated in Kids’ Athletics and equipped to deliver practitioner training workshops in country• 20 Master Trainers upskilled across all six Areas• 500,000+ children and young people participating in Kids’ Athletics activities in 2023
In November 2023, the Kids’ Athletics eLearning course was launched in six languages. This course comprises of threemodules:• Introduction to Kids’ Athletics• Adapt and Modify using STEP
• Safeguarding
The Kids’ Athletics eLearning course makes up a key element of the Kids’ Athletics coach and teacher (practitioner)education. The eLearning course combined with an onsite practical workshop delivered by Kids’ Athletics leads acrossthe world creates a blended model for education and training.
Kids’ Athletics Day 2023
7 May is Kids’ Athletics Day - a global day dedicated to celebrating children and young people being active and participating
in athletics. The theme for 2023 was MOVE, PLAY, EXPLORE encouraging more kids to get moving in an effort to help
address concerning global physical inactivity rates among children and youth. More than 300,000 children across 106
countries and all six continental Areas participated in events to mark Kids’ Athletics Day in 2023.

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Gender Leadership
Gender leadership remains a priority development focus for World Athletics, as reflected in the mandatory requirement
for all Areas to deliver a gender leadership education initiative each year, as well as the continued role of the World
Athletics Gender Leadership Taskforce which is in place to oversee the development of the pool and pipeline of aspiring
female leaders and the delivery and mainstreaming of gender equity across all of World Athletics’ functions. The Gender
Leadership Taskforce comprises the following members:• Stephanie HIGHTOWER (USA), Chair• Ximena RESTREPO (COL), Council Member• Beatrice AYIKORU (UGA), Council Member and Development Commission Member• Annette PURVIS (NZL), Council Member and Development Commission Member• Jaya MYLVAGANAM (IND), Member• Nuala WALSH (IRL), Member

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A summary of gender equity and leadership activities delivered in 2023 is summarised below.
Gender Leadership Seminars
Gender leadership seminars were successfully delivered online via webinars organised by the Areas, with 300 womenparticipating. This marked an improvement from 2022, when 260 women benefitted.
The purpose of the webinars was to provide the skills and expertise to empower women to take on senior leadership roles
within their Member Federations.

83WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Gender Leadership Podcast Series
Two series of podcasts on coaching and officiating werecreated for publication on the World Athletics Gender
Leadership Facebook page, and on the eLearning platform,
which received approximately 2,000 views.
Empowering Women in Athletics Social Media Platform
The Gender Leadership Facebook page was established in2020 as a way for women in athletics to share information,material and experiences – there are now over 1,100
members. Content is uploaded at least monthly covering awide range of topics: volunteering, coaches and technicalofficials, overcoming discrimination & stereotyping,
improving confidence, election success and leadership.
Gender Leadership eLearning Course
The goal of the eLearning course is to develop individuals
both personally and professionally to take on seniorleadership roles within athletics. Over 260 users had
registered for the course at the end of 2023.
World Athletics Gender Leadership Conference
The “Moving Mountains: One step at a time: hosted by
Asics” conference was staged at the World Athletics
Championships Budapest 23 and attended by over 200
persons.
Asics presented their research “Move every Mind”,
an international study to address the gender gap andfactors contributing to gender inequality in participation.
Opportunities for women and girls to progress within
athletics was also discussed as was the difficulty of
attracting and retaining female coaches and administrators
within the system.
Women in Sport High Performance Pathway (WISH)
In 2023 World Athletics nominated 12 women (representing
all six Areas) to participate in the WISH programme, which
was developed through Olympic Solidarity to increase
opportunities for high performance female coaches to be
involved in elite coaching.

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Education courses and examinations
Coaches Education & Certification System (CECS)
CECS provides an educational and progression pathway
from level 1 to 3 for aspiring or existing coaches worldwide.
A focus in 2023 has been to complete the online CECS
content and translate this into multiple languages.
The CECS Level 1 is fully available in English via the Education
Hub, blending online learning with practical assessments. In
2023, 288 new coaches earned CECS Level 1 certifications
through the new blended online and practical assessment
approach (comprising mentorship by local coaches andvalidation by their respective Member Federations). Online
content for CECS Levels 2 and 3 is being developed. CECS
Level 2, targets event group specialisation, and will combine
online learning with a six-day on-site course.

representation from the Africa and Asia regions. A World
Athletics Race Walk Judges Silver level exam was held in
October 2023 for the first time. 184 candidates were put
forward by the Areas and Member Federations and 112
passed, achieving either a Silver or Bronze level certification.
Among the successful candidates, 42% were female and
58% were male also including increased representation fromthe Africa and Asia regions.
A World Athletics Referee Gold level exam was held in
November 2023. Of the 61 candidates put forward by theAreas to take the exam, 26 passed, achieving the prestigious
Gold level certification. Among the successful candidates,
32% were female and 68% were male with representationfrom all six Areas.

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In addition, in 2023, as part of the WARECS pathway,
development initiatives were undertaken for the World
Athletics Starter Referee evaluation.

In addition to the online certification, in 2023, 1,135 people
achieved CECS Level 1, and 355 achieved CECS Level 2
certification following delivery of over 70 in-person courses
primarily in Asia, Africa and South America.
World Athletics Referee Education & Certification System(WARECS)In 2022 a new pathway for the development and certificationof technical officials/referees was put in place to provide
greater participation opportunity and address issues ofaccessibility (geographic, gender etc) with the aim to attractand support the retention and progression of more technicalofficials across the globe.
2023 saw a total of 415 new National Athletics Referees(NAR) based on 127 onsite courses completions (only seven
NAR courses were held in person (rather than the 45 in 2022)
due to the new pathway and shift to the blended online
education and in competition assessment approach) and
283 NAR eLearning certifications, underscoring Member
Federations’ growing adaptation to the new certification
process. Of the 415 new NARs, 250 were male and 165
were female.
Following the pilot Silver World Athletics Referee examin November 2022, a further Silver level exam was heldin April 2023 with adjustments made based on feedback
from the pilot. Of the 401 candidates put forward by theAreas and Member Federations to take the exam, 318
sat the exam, and 90 passed, achieving either a Silver orBronze level certification. Among the successful candidates,
38% were female and 62% were male including increased85

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Global Athletics Coaches Academy (GACA)
GACA works in collaboration with World Athletics throughthe Development Commission and department, to promote
and advance coaching matters in athletics and ensure a
network and voice for coaches.
Key initiatives in 2023 included:• Coaching Developer course: The development ofcourse content focused on supporting the growth andexpertise of coaching developers• Coaches’ Club Budapest: Held during the World
Athletics Championships, this initiative was dedicated toproviding a vibrant educational and networking platform
for coaches, and fostering a collaborative coachingcommunity• Coaching Matters: A series of quarterly online seminars
held to encourage coaches to partake in meaningfulconversations, exchange insights, solutions, and address
key coaching concerns• Coaching Achievement Award: This award recognises
a coaching professional who has made a significant
contribution to coaching and influenced athletics
performance. Recognising the need to enhance
participation following the 2022 Awards, there was aconcerted effort to amplify awareness and engagement
through early dissemination of award details andconsistent follow-ups in 2023

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4.
FINANCIALAUDITREPORTWORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

4. FINANCI A L AUD I T
RE PO R T
The Constitution of World Athletics mandates theappointment of auditors to perform:• an annual audit of the financial statements (Article 79.2)• additional audits (Article 79.3), including biennial audits
to ensure compliance with the anti-doping and integrity
program, and regular audits (at least once every three
years) to assess governance quality, ethical compliance,
and internal control systems. These additional audits
were conducted in 2022, included in the 2022 Annual
Council Report and circulated to Member Federations
as part of 2023 Congress documentation
As prescribed in the Constitution, the 2021 Congressapproved the appointment of Ernst & Young Audit Conseil& Associés (EY), as Financial Auditors until 2024, upon therecommendation of the Executive Board.

Financial Audit
The 2023 budget and annual plan were approved by the
Executive Board at the end of 2022.
The financial audit for the year ending 31 December
2023 was undertaken in accordance with the International
Financial Reporting Standards (IFRS) as adopted by the
EU. The full audited financial statements for the period 1
January until 31 December 2023, which were approvedby the Executive Board and Council as part of this Annual
Report, are provided at Appendix A. Details on World
Athletics remuneration policy are provided at Appendix B.

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APPENDICESWORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

AP P E NDIX A – 2 023 AU D I T E D FI N A N CI A L
STATE M EN TS
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FINANCIAL REPORT 2023

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Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG

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Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023yhd/sKZDDZ^

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98

STATEMENT OF EXECUTIVE BOARD RESPONSIBILITIES
2023 CONSOLIDATED FINANCIAL STATEMENTS
In addition to the basic financial reporting requirements set out in the statutes of World Athletics ("theAssociation"), the Executive Board undertakes to prepare consolidated financial statements for eachfinancial period which give a true and fair view of the state of affairs of the Association as at the end of thefinancial period, of the surplus or loss and of the cash flow statement of the Association for that period.
In preparing those consolidated financial statements, the Executive Board considers that the Association
has used appropriate accounting policies in accordance with the note A and B of the consolidated financial
statements, consistently applied and supported by reasonable judgments and estimates, that all
accounting standards which they consider to be applicable have been followed and that the preparationof the consolidated financial statements on a going concern basis is appropriate.

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG

The Executive Board has responsibility for ensuring that the Association keeps accounting records, which
disclose with reasonable accuracy the financial position of the association.
The Executive Board has general responsibility for taking such steps as are reasonably open to them tosafeguard the assets of the Association and to prevent and detect fraud and other irregularities.
Approved by the Executive Board.
And signed on behalf of World Athletics.
As of 15 July 2024

Sebastian COE
President

Vineesh KOCHHAR
Chief Operating Officer

WORLD ATHLETICS FINANCIAL REPORT | p. 6

99

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

Independent Auditor’s Report 
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Independent auditor’s report on consolidated financial statementsdŽƚŚĞǆĞĐƵƚŝǀĞŽĂƌĚŽĨtŽƌůĚƚŚůĞƚŝĐƐ͕KƉŝŶŝŽŶtĞŚĂǀĞĂƵĚŝƚĞĚƚŚĞĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐŽĨtŽƌůĚƚŚůĞƚŝĐƐĂŶĚŝƚƐƐƵďƐŝĚŝĂƌŝĞƐ;ŚĞƌĞĂĨƚĞƌƌĞĨĞƌƌĞĚƚŽ
as the “Association”Ϳ͕ǁŚŝĐŚĐŽŵƉƌŝƐĞƚŚĞĐŽŶƐŽůŝĚĂƚĞĚďĂůĂŶĐĞƐŚĞĞƚĂƐŽĨĞĐĞŵďĞƌϯϭ͕ϮϬϮϯ͕ƚŚĞĐŽŶƐŽůŝĚĂƚĞĚƐƚĂƚĞŵĞŶƚŽĨĐŽŵƉƌĞŚĞŶƐŝǀĞŝŶĐŽŵĞ͕ƚŚĞĐŽŶƐŽůŝĚĂƚĞĚƐƚĂƚĞŵĞŶƚŽĨĐŚĂŶŐĞƐŝŶĞƋƵŝƚǇ͕ƚŚĞĐŽŶƐŽůŝĚĂƚĞĚƐƚĂƚĞŵĞŶƚŽĨĐĂƐŚĨůŽǁƐĨŽƌƚŚĞǇĞĂƌƚŚĞŶĞŶĚĞĚ͕ĂŶĚƚŚĞŶŽƚĞƐƚŽƚŚĞĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͕ŝŶĐůƵĚŝŶŐĂƐƵŵŵĂƌǇŽĨƐŝŐŶŝĨŝĐĂŶƚĂĐĐŽƵŶƚŝŶŐƉŽůŝĐŝĞƐ͘dŚĞƐĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐǁĞƌĞĂƉƉƌŽǀĞĚďǇƚŚĞǆĞĐƵƚŝǀĞŽĂƌĚ͘/ŶŽƵƌŽƉŝŶŝŽŶ͕ƚŚĞĂĐĐŽŵƉĂŶǇŝŶŐĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐƉƌĞƐĞŶƚĨĂŝƌůǇ͕ŝŶĂůůŵĂƚĞƌŝĂůƌĞƐƉĞĐƚƐ͕ƚŚĞĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƉŽƐŝƚŝŽŶŽĨƚŚĞƐƐŽĐŝĂƚŝŽŶĂƐĂƚĞĐĞŵďĞƌϯϭ͕ϮϬϮϯ͕ĂŶĚŝƚƐĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƉĞƌĨŽƌŵĂŶĐĞĂŶĚĐŽŶƐŽůŝĚĂƚĞĚĐĂƐŚĨůŽǁƐĨŽƌƚŚĞǇĞĂƌƚŚĞŶĞŶĚĞĚ͕ŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚ/ŶƚĞƌŶĂƚŝŽŶĂů&ŝŶĂŶĐŝĂůZĞƉŽƌƚŝŶŐ^ƚĂŶĚĂƌĚƐĂƐĂĚŽƉƚĞĚďǇƚŚĞƵƌŽƉĞĂŶhŶŝŽŶ͘ĂƐŝƐĨŽƌKƉŝŶŝŽŶtĞĐŽŶĚƵĐƚĞĚŽƵƌĂƵĚŝƚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚ/ŶƚĞƌŶĂƚŝŽŶĂů^ƚĂŶĚĂƌĚƐŽŶƵĚŝƚŝŶŐ;/^ƐͿ͘KƵƌƌĞƐƉŽŶƐŝďŝůŝƚŝĞƐƵŶĚĞƌƚŚŽƐĞƐƚĂŶĚĂƌĚƐĂƌĞĨƵƌƚŚĞƌĚĞƐĐƌŝďĞĚŝŶƚŚĞAuditor’s Responsibilities for the Audit of the Financial StatementsƐĞĐƚŝŽŶŽĨŽƵƌƌĞƉŽƌƚ͘tĞĂƌĞŝŶĚĞƉĞŶĚĞŶƚŽĨƚŚĞƐƐŽĐŝĂƚŝŽŶŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞ/ŶƚĞƌŶĂƚŝŽŶĂůŽĚĞŽĨƚŚŝĐƐĨŽƌWƌŽĨĞƐƐŝŽŶĂůĐĐŽƵŶƚĂŶƚƐ;ŝŶĐůƵĚŝŶŐ/ŶƚĞƌŶĂƚŝŽŶĂů/ŶĚĞƉĞŶĚĞŶĐĞ^ƚĂŶĚĂƌĚƐͿ;/^ŽĚĞͿƚŽŐĞƚŚĞƌǁŝƚŚƚŚĞĞƚŚŝĐĂůƌĞƋƵŝƌĞŵĞŶƚƐƚŚĂƚĂƌĞƌĞůĞǀĂŶƚƚŽŽƵƌĂƵĚŝƚŽĨĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐŝŶDŽŶĂĐŽ͕ĂŶĚǁĞŚĂǀĞĨƵůĨŝůůĞĚŽƵƌŽƚŚĞƌĞƚŚŝĐĂůƌĞƐƉŽŶƐŝďŝůŝƚŝĞƐŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞƐĞƌĞƋƵŝƌĞŵĞŶƚƐĂŶĚƚŚĞ/^ŽĚĞ͘tĞďĞůŝĞǀĞƚŚĂƚƚŚĞĂƵĚŝƚĞǀŝĚĞŶĐĞǁĞŚĂǀĞŽďƚĂŝŶĞĚŝƐƐƵĨĨŝĐŝĞŶƚĂŶĚĂƉƉƌŽƉƌŝĂƚĞƚŽƉƌŽǀŝĚĞĂďĂƐŝƐĨŽƌŽƵƌŽƉŝŶŝŽŶ͘KƚŚĞƌ/ŶĨŽƌŵĂƚŝŽŶ
Other information consists of the information, other than the financial statements and our auditor’s report thereon.
DĂŶĂŐĞŵĞŶƚŝƐƌĞƐƉŽŶƐŝďůĞĨŽƌƚŚĞŽƚŚĞƌŝŶĨŽƌŵĂƚŝŽŶ͘KƵƌŽƉŝŶŝŽŶŽŶƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐĚŽĞƐŶŽƚĐŽǀĞƌƚŚĞŽƚŚĞƌŝŶĨŽƌŵĂƚŝŽŶĂŶĚǁĞĚŽŶŽƚĞǆƉƌĞƐƐĂŶǇĨŽƌŵŽĨĂƐƐƵƌĂŶĐĞĐŽŶĐůƵƐŝŽŶƚŚĞƌĞŽŶ͘

tKZ>d,>d/^&/EE/>ZWKZdͮƉ͘ϳ

100/ŶĐŽŶŶĞĐƚŝŽŶǁŝƚŚŽƵƌĂƵĚŝƚŽĨƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͕ŽƵƌƌĞƐƉŽŶƐŝďŝůŝƚǇŝƐƚŽƌĞĂĚƚŚĞŽƚŚĞƌŝŶĨŽƌŵĂƚŝŽŶĂŶĚ͕ŝŶĚŽŝŶŐƐŽ͕ĐŽŶƐŝĚĞƌǁŚĞƚŚĞƌƚŚĞŽƚŚĞƌŝŶĨŽƌŵĂƚŝŽŶŝƐŵĂƚĞƌŝĂůůǇŝŶĐŽŶƐŝƐƚĞŶƚǁŝƚŚƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐŽƌŽƵƌŬŶŽǁůĞĚŐĞŽďƚĂŝŶĞĚŝŶƚŚĞĂƵĚŝƚŽƌŽƚŚĞƌǁŝƐĞĂƉƉĞĂƌƐƚŽďĞŵĂƚĞƌŝĂůůǇŵŝƐƐƚĂƚĞĚ͘/Ĩ͕ďĂƐĞĚŽŶƚŚĞǁŽƌŬǁĞŚĂǀĞƉĞƌĨŽƌŵĞĚ͕ǁĞĐŽŶĐůƵĚĞƚŚĂƚƚŚĞƌĞŝƐĂŵĂƚĞƌŝĂůŵŝƐƐƚĂƚĞŵĞŶƚŽĨƚŚŝƐŽƚŚĞƌŝŶĨŽƌŵĂƚŝŽŶ͕ǁĞĂƌĞƌĞƋƵŝƌĞĚƚŽƌĞƉŽƌƚƚŚĂƚĨĂĐƚ͘tĞŚĂǀĞŶŽƚŚŝŶŐƚŽƌĞƉŽƌƚŝŶƚŚŝƐƌĞŐĂƌĚ͘ZĞƐƉŽŶƐŝďŝůŝƚŝĞƐŽĨDĂŶĂŐĞŵĞŶƚĂŶĚdŚŽƐĞŚĂƌŐĞĚǁŝƚŚ'ŽǀĞƌŶĂŶĐĞĨŽƌƚŚĞĐŽŶƐŽůŝĚĂƚĞĚ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐDĂŶĂŐĞŵĞŶƚŝƐƌĞƐƉŽŶƐŝďůĞĨŽƌƚŚĞƉƌĞƉĂƌĂƚŝŽŶĂŶĚĨĂŝƌƉƌĞƐĞŶƚĂƚŝŽŶŽĨƚŚĞĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚ/ŶƚĞƌŶĂƚŝŽŶĂů&ŝŶĂŶĐŝĂůZĞƉŽƌƚŝŶŐ^ƚĂŶĚĂƌĚƐĂƐĂĚŽƉƚĞĚďǇƚŚĞƵƌŽƉĞĂŶhŶŝŽŶ͕ĂŶĚĨŽƌƐƵĐŚŝŶƚĞƌŶĂůĐŽŶƚƌŽůĂƐDĂŶĂŐĞŵĞŶƚĚĞƚĞƌŵŝŶĞƐŝƐŶĞĐĞƐƐĂƌǇƚŽĞŶĂďůĞƚŚĞƉƌĞƉĂƌĂƚŝŽŶŽĨĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐƚŚĂƚĂƌĞĨƌĞĞĨƌŽŵŵĂƚĞƌŝĂůŵŝƐƐƚĂƚĞŵĞŶƚ͕ǁŚĞƚŚĞƌĚƵĞƚŽĨƌĂƵĚŽƌĞƌƌŽƌ͘/ŶƉƌĞƉĂƌŝŶŐƚŚĞĐŽŶƐŽůŝĚĂƚĞĚfinancial statements, management is responsible for assessing the Association’sĂďŝůŝƚǇƚŽĐŽŶƚŝŶƵĞĂƐĂŐŽŝŶŐĐŽŶĐĞƌŶ͕ĚŝƐĐůŽƐŝŶŐ͕ĂƐĂƉƉůŝĐĂďůĞ͕ŵĂƚƚĞƌƐƌĞůĂƚĞĚƚŽŐŽŝŶŐĐŽŶĐĞƌŶĂŶĚƵƐŝŶŐƚŚĞŐŽŝŶŐĐŽŶĐĞƌŶďĂƐŝƐŽĨĂĐĐŽƵŶƚŝŶŐƵŶůĞƐƐŵĂŶĂŐĞŵĞŶƚĞŝƚŚĞƌŝŶƚĞŶĚƐƚŽůŝƋƵŝĚĂƚĞƚŚĞŶƚŝƚǇŽƌƚŽĐĞĂƐĞŽƉĞƌĂƚŝŽŶƐ͕ŽƌŚĂƐŶŽƌĞĂůŝƐƚŝĐĂůƚĞƌŶĂƚŝǀĞďƵƚƚŽĚŽƐŽ͘

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG

Those charged with governance are responsible for overseeing the Association’s financial reporting process.
Auditor’s Responsibilities for the Audit of the Consolidated Financial StatementsKƵƌŽďũĞĐƚŝǀĞƐĂƌĞƚŽŽďƚĂŝŶƌĞĂƐŽŶĂďůĞĂƐƐƵƌĂŶĐĞĂďŽƵƚǁŚĞƚŚĞƌƚŚĞĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐĂƐĂǁŚŽůĞare free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includesŽƵƌŽƉŝŶŝŽŶ͘ZĞĂƐŽŶĂďůĞĂƐƐƵƌĂŶĐĞŝƐĂŚŝŐŚůĞǀĞůŽĨĂƐƐƵƌĂŶĐĞ͕ďƵƚŝƐŶŽƚĂŐƵĂƌĂŶƚĞĞƚŚĂƚĂŶĂƵĚŝƚĐŽŶĚƵĐƚĞĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚ/^ƐǁŝůůĂůǁĂǇƐĚĞƚĞĐƚĂŵĂƚĞƌŝĂůŵŝƐƐƚĂƚĞŵĞŶƚǁŚĞŶŝƚĞǆŝƐƚƐ͘DŝƐƐƚĂƚĞŵĞŶƚƐĐĂŶĂƌŝƐĞĨƌŽŵĨƌĂƵĚŽƌĞƌƌŽƌĂŶĚĂƌĞĐŽŶƐŝĚĞƌĞĚŵĂƚĞƌŝĂůŝĨ͕ŝŶĚŝǀŝĚƵĂůůǇŽƌŝŶƚŚĞĂŐŐƌĞŐĂƚĞ͕ƚŚĞǇĐŽƵůĚƌĞĂƐŽŶĂďůǇďĞĞǆƉĞĐƚĞĚƚŽŝŶĨůƵĞŶĐĞƚŚĞĞĐŽŶŽŵŝĐĚĞĐŝƐŝŽŶƐŽĨƵƐĞƌƐƚĂŬĞŶŽŶƚŚĞďĂƐŝƐŽĨƚŚĞƐĞĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘ƐƉĂƌƚŽĨĂŶĂƵĚŝƚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚ/^Ɛ͕ǁĞĞǆĞƌĐŝƐĞƉƌŽĨĞƐƐŝŽŶĂůũƵĚŐŵĞŶƚĂŶĚŵĂŝŶƚĂŝŶƉƌŽĨĞƐƐŝŽŶĂůƐŬĞƉƚŝĐŝƐŵƚŚƌŽƵŐŚŽƵƚƚŚĞĂƵĚŝƚ͘tĞĂůƐŽ͗•/ĚĞŶƚŝĨǇĂŶĚĂƐƐĞƐƐƚŚĞƌŝƐŬƐŽĨŵĂƚĞƌŝĂůŵŝƐƐƚĂƚĞŵĞŶƚŽĨƚŚĞĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͕ǁŚĞƚŚĞƌĚƵĞƚŽĨƌĂƵĚŽƌĞƌƌŽƌ͕ĚĞƐŝŐŶĂŶĚƉĞƌĨŽƌŵĂƵĚŝƚƉƌŽĐĞĚƵƌĞƐƌĞƐƉŽŶƐŝǀĞƚŽƚŚŽƐĞƌŝƐŬƐ͕ĂŶĚŽďƚĂŝŶĂƵĚŝƚĞǀŝĚĞŶĐĞƚŚĂƚŝƐƐƵĨĨŝĐŝĞŶƚĂŶĚĂƉƉƌŽƉƌŝĂƚĞƚŽƉƌŽǀŝĚĞĂďĂƐŝƐĨŽƌŽƵƌŽƉŝŶŝŽŶ͘dŚĞƌŝƐŬŽĨŶŽƚĚĞƚĞĐƚŝŶŐĂŵĂƚĞƌŝĂůŵŝƐƐƚĂƚĞŵĞŶƚƌĞƐƵůƚŝŶŐĨƌŽŵĨƌĂƵĚŝƐŚŝŐŚĞƌƚŚĂŶĨŽƌŽŶĞƌĞƐƵůƚŝŶŐĨƌŽŵĞƌƌŽƌ͕ĂƐĨƌĂƵĚŵĂǇŝŶǀŽůǀĞĐŽůůƵƐŝŽŶ͕ĨŽƌŐĞƌǇ͕ŝŶƚĞŶƚŝŽŶĂůŽŵŝƐƐŝŽŶƐ͕ŵŝƐƌĞƉƌĞƐĞŶƚĂƚŝŽŶƐ͕ŽƌƚŚĞŽǀĞƌƌŝĚĞŽĨŝŶƚĞƌŶĂůĐŽŶƚƌŽů͘•KďƚĂŝŶĂŶƵŶĚĞƌƐƚĂŶĚŝŶŐŽĨŝŶƚĞƌŶĂůĐŽŶƚƌŽůƌĞůĞǀĂŶƚƚŽƚŚĞĂƵĚŝƚŝŶŽƌĚĞƌƚŽĚĞƐŝŐŶĂƵĚŝƚƉƌŽĐĞĚƵƌĞƐƚŚĂƚĂƌĞĂƉƉƌŽƉƌŝĂƚĞŝŶƚŚĞĐŝƌĐƵŵƐƚĂŶĐĞƐ͕ďƵƚŶŽƚĨŽƌƚŚĞƉƵƌƉŽƐĞŽĨĞǆƉƌĞƐƐŝŶŐĂŶŽƉŝŶŝŽŶŽŶƚŚĞĞĨĨĞĐƚŝǀĞŶĞƐƐŽĨƚŚĞ
Association’s internal control.•ǀĂůƵĂƚĞƚŚĞĂƉƉƌŽƉƌŝĂƚĞŶĞƐƐŽĨĂĐĐŽƵŶƚŝŶŐƉŽůŝĐŝĞƐƵƐĞĚĂŶĚƚŚĞƌĞĂƐŽŶĂďůĞŶĞƐƐŽĨĂĐĐŽƵŶƚŝŶŐĞƐƚŝŵĂƚĞƐĂŶĚƌĞůĂƚĞĚĚŝƐĐůŽƐƵƌĞƐŵĂĚĞďǇŵĂŶĂŐĞŵĞŶƚ͘

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023•

Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based onƚŚĞĂƵĚŝƚĞǀŝĚĞŶĐĞŽďƚĂŝŶĞĚ͕ǁŚĞƚŚĞƌĂŵĂƚĞƌŝĂůƵŶĐĞƌƚĂŝŶƚǇĞǆŝƐƚƐƌĞůĂƚĞĚƚŽĞǀĞŶƚƐŽƌĐŽŶĚŝƚŝŽŶƐƚŚĂƚŵĂǇĐĂƐƚƐŝŐŶŝĨŝĐĂŶƚĚŽƵďƚŽŶƚŚĞƐƐŽĐŝĂƚŝŽŶ’s ability to continue as a going concern. If we conclude that a material
uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in theĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐŽƌ͕ŝĨƐƵĐŚĚŝƐĐůŽƐƵƌĞƐĂƌĞŝŶĂĚĞƋƵĂƚĞ͕ƚŽŵŽĚŝĨǇŽƵƌŽƉŝŶŝŽŶ͘KƵƌĐŽŶĐůƵƐŝŽŶƐ
are based on the audit evidence obtained up to the date of our auditor’s report. However, future events orĐŽŶĚŝƚŝŽŶƐŵĂǇĐĂƵƐĞƚŚĞŶƚŝƚǇƚŽĐĞĂƐĞƚŽĐŽŶƚŝŶƵĞĂƐĂŐŽŝŶŐĐŽŶĐĞƌŶ͘•ǀĂůƵĂƚĞƚŚĞŽǀĞƌĂůůƉƌĞƐĞŶƚĂƚŝŽŶ͕ƐƚƌƵĐƚƵƌĞĂŶĚĐŽŶƚĞŶƚŽĨƚŚĞĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͕ŝŶĐůƵĚŝŶŐƚŚĞĚŝƐĐůŽƐƵƌĞƐ͕ĂŶĚǁŚĞƚŚĞƌƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐƌĞƉƌĞƐĞŶƚƚŚĞƵŶĚĞƌůǇŝŶŐƚƌĂŶƐĂĐƚŝŽŶƐĂŶĚĞǀĞŶƚƐŝŶĂŵĂŶŶĞƌ
ƚŚĂƚĂĐŚŝĞǀĞƐĨĂŝƌƉƌĞƐĞŶƚĂƚŝŽŶ͘•KďƚĂŝŶƐƵĨĨŝĐŝĞŶƚĂƉƉƌŽƉƌŝĂƚĞĂƵĚŝƚĞǀŝĚĞŶĐĞƌĞŐĂƌĚŝŶŐƚŚĞĨŝŶĂŶĐŝĂůŝŶĨŽƌŵĂƚŝŽŶŽĨƚŚĞĞŶƚŝƚŝĞƐŽƌďƵƐŝŶĞƐƐ
ĂĐƚŝǀŝƚŝĞƐǁŝƚŚŝŶƚŚĞƐƐŽĐŝĂƚŝŽŶƚŽĞǆƉƌĞƐƐĂŶŽƉŝŶŝŽŶŽŶƚŚĞĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘tĞĂƌĞƌĞƐƉŽŶƐŝďůĞĨŽƌƚŚĞĚŝƌĞĐƚŝŽŶ͕ƐƵƉĞƌǀŝƐŝŽŶĂŶĚƉĞƌĨŽƌŵĂŶĐĞŽĨƚŚĞĂƵĚŝƚŽĨƚŚĞƐƐŽĐŝĂƚŝŽŶ͘tĞƌĞŵĂŝŶƐŽůĞůǇ
ƌĞƐƉŽŶƐŝďůĞĨŽƌŽƵƌĂƵĚŝƚŽƉŝŶŝŽŶ͘tĞĐŽŵŵƵŶŝĐĂƚĞǁŝƚŚƚŚŽƐĞĐŚĂƌŐĞĚǁŝƚŚŐŽǀĞƌŶĂŶĐĞƌĞŐĂƌĚŝŶŐ͕ĂŵŽŶŐŽƚŚĞƌŵĂƚƚĞƌƐ͕ƚŚĞƉůĂŶŶĞĚƐĐŽƉĞĂŶĚƚŝŵŝŶŐŽĨƚŚĞĂƵĚŝƚĂŶĚƐŝŐŶŝĨŝĐĂŶƚĂƵĚŝƚĨŝŶĚŝŶŐƐ͕ŝŶĐůƵĚŝŶŐĂŶǇƐŝŐŶŝĨŝĐĂŶƚĚĞĨŝĐŝĞŶĐŝĞƐŝŶŝŶƚĞƌŶĂůĐŽŶƚƌŽůƚŚĂƚǁĞŝĚĞŶƚŝĨǇĚƵƌŝŶŐŽƵƌĂƵĚŝƚ͘ZĞƐƚƌŝĐƚŝŽŶŽŶhƐĞŽĨŽƵƌZĞƉŽƌƚdŚŝƐƌĞƉŽƌƚŝƐĂĚĚƌĞƐƐĞĚƚŽƚŚĞǆĞĐƵƚŝǀĞŽĂƌĚŽĨƚŚĞƐƐŽĐŝĂƚŝŽŶ͘tĞĂƐƐƵŵĞŽƌƚĂŬĞŶŽƌĞƐƉŽŶƐŝďŝůŝƚǇŝŶƌĞƐƉĞĐƚŽĨĂƚŚŝƌĚƉĂƌƚǇǁŚŝĐŚŵĂǇƵƐĞƚŚŝƐƌĞƉŽƌƚ͘dŚŝƐƌĞƉŽƌƚƐŚĂůůďĞŐŽǀĞƌŶĞĚďǇ͕ĂŶĚĐŽŶƐƚƌƵĞĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚDŽŶĠŐĂƐƋƵĞůĂǁ͘dŚĞĐŽƵƌƚƐŽĨDŽŶĂĐŽƐŚĂůůŚĂǀĞĞǆĐůƵƐŝǀĞũƵƌŝƐĚŝĐƚŝŽŶŝŶƌĞůĂƚŝŽŶƚŽĂŶǇĐůĂŝŵŽƌĚŝƐƉƵƚĞĐŽŶĐĞƌŶŝŶŐƚŚĞĞŶŐĂŐĞŵĞŶƚůĞƚƚĞƌŽƌƚŚŝƐƌĞƉŽƌƚ͕ĂŶĚĂŶǇŵĂƚƚĞƌĂƌŝƐŝŶŐĨƌŽŵƚŚĞŵ͘ĂĐŚƉĂƌƚǇŝƌƌĞǀŽĐĂďůǇǁĂŝǀĞƐĂŶǇƌŝŐŚƚŝƚŵĂǇŚĂǀĞƚŽŽďũĞĐƚƚŽĂŶĂĐƚŝŽŶďĞŝŶŐďƌŽƵŐŚƚŝŶĂŶǇŽĨƚŚŽƐĞĐŽƵƌƚƐĂŶĚƚŽĐůĂŝŵƚŚĂƚƚŚĞĂĐƚŝŽŶŚĂƐďĞĞŶďƌŽƵŐŚƚŝŶĂŶŝŶĐŽŶǀĞŶŝĞŶƚĨŽƌƵŵŽƌƚŚĂƚƚŚŽƐĞĐŽƵƌƚƐĚŽŶŽƚŚĂǀĞũƵƌŝƐĚŝĐƚŝŽŶ͘DŽŶĂĐŽ͕:ƵůǇϭϳ͕ϮϬϮϰdŚĞ/ŶĚĞƉĞŶĚĞŶƚƵĚŝƚŽƌZE^dΘzKhE'ƵĚŝƚŽŶƐĞŝůΘƐƐŽĐŝĠƐ^ĂŶĚƌŝŶĞƌĐŝŶ

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ƚŚůĞƚŝĐƐ ĐŽŵƉŝůĞƐ ƌƵůĞƐ ǁŝƚŚ ƌĞŐƵůĂƚŝŽŶƐŐŽǀĞƌŶŝŶŐŝŶƚĞƌŶĂƚŝŽŶĂůĐŽŵƉĞƚŝƚŝŽŶƐĂŶĚĨŽƐƚĞƌƐƚŚĞǁŽƌůĚǁŝĚĞĚĞǀĞůŽƉŵĞŶƚŽĨĂƚŚůĞƚŝĐƐĂŶĚƚŚĞĚŝƐƐĞŵŝŶĂƚŝŽŶŽĨƚĞĐŚŶŝĐĂůĂŶĚŽƚŚĞƌŝŶĨŽƌŵĂƚŝŽŶƚŽŝƚƐĂĨĨŝůŝĂƚĞĚĞŶƚŝƚŝĞƐ͘

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

ƚŽƵĐŚŝŶŐ ŽŶ ƐŽĐŝĂů ƌĞƐƉŽŶƐŝďŝůŝƚǇ͕ ƚŚĞĞŶǀŝƌŽŶŵĞŶƚ ĂŶĚĂůůŵĂƚƚĞƌƐ ƚŚĂƚ ŚĞůƉ ĂĚǀĂŶĐĞĂƚŚůĞƚŝĐƐĂƐĂĨŽƌĐĞƚŽĐŚĂŶŐĞƚŚĞǁŽƌůĚĨŽƌŐŽŽĚ͘ƚŚůĞƚŝĐƐĚŝƐĐŝƉůŝŶĞƐĂƌĞĂŵŽŶŐƚŚĞŽůĚĞƐƚŽĨĂůůƐƉŽƌƚŝŶŐ ĐŽŵƉĞƚŝƚŝŽŶƐ ŬŶŽǁŶ ƚŽ ŵĂŶŬŝŶĚ͕ ǁŝƚŚ‘run, jump, throw’ the natural and universalĨŽƌŵƐ ŽĨ ŚƵŵĂŶ ƉŚǇƐŝĐĂů ĞǆƉƌĞƐƐŝŽŶ͘ dŚĞ ƐƉŽƌƚĂůƐŽŽĨĨĞƌƐďƌŽĂĚĞƌǀĂůƵĞƐƚŚĂƚŚĞůƉƵƐĚĞĂůǁŝƚŚlife’s challenges.tĞĂƌĞĂůƐŽĂĚĂƉƚŝŶŐŽƵƌĐŽŵƉĞƚŝƚŝŽŶƉƌŽŐƌĂŵƐƚŽ ƌĞĨůĞĐƚ ƚŚĞ ŝŶĐƌĞĂƐŝŶŐ ĚŝǀĞƌƐŝƚǇ ŽĨ ĂƚƚƌĂĐƚŝŽŶƐĨƌŽŵ ǁŚŝĐŚ ƚŚĞ ƉƵďůŝĐ ĐĂŶ ŶŽǁ ĐŚŽŽƐĞ͘ƚƚƌĂĐƚŝŶŐ͕ ĂŶĚ ŵŽƐƚ ŝŵƉŽƌƚĂŶƚůǇ ƌĞƚĂŝŶŝŶŐ͕ ƚŚĞǇŽƵŶŐ ĂƐ ďŽƚŚ ƉĂƌƚŝĐŝƉĂŶƚ ĂŶĚ ƐƉĞĐƚĂƚŽƌ ĂƌĞĞƐƐĞŶƚŝĂůŝĨĂƚŚůĞƚŝĐƐŝƐƚŽƌĞƚĂŝŶŝƚƐĂƉƉĞĂů͘ƵƚǁĞ
are also closely linked to the masters’ athleticsŵŽǀĞŵĞŶƚĂƐǁĞůůĂƐƵůƚƌĂͲĚŝƐƚĂŶĐĞƌƵŶŶŝŶŐĂŶĚŵŽƵŶƚĂŝŶĂŶĚƚƌĂŝůƌĂĐŝŶŐ͘dŚĞ ďŝĞŶŶŝĂů tŽƌůĚ ƚŚůĞƚŝĐƐ ŚĂŵƉŝŽŶƐŚŝƉƐ ŝƐƚŚĞũĞǁĞůŽĨŽƵƌtŽƌůĚƚŚůĞƚŝĐƐ^ĞƌŝĞƐǁŚŝĐŚĂůƐŽŝŶĐůƵĚĞƐŝŶĚŽŽƌ͕hϮϬ͕ƌĞůĂǇƐ͕ĐƌŽƐƐĐŽƵŶƚƌǇ͕ƌĂĐĞǁĂůŬŝŶŐĂŶĚƌŽĂĚƌƵŶŶŝŶŐƚŚƌŽƵŐŚŽƵƚĂĨŽƵƌͲǇĞĂƌĐǇĐůĞŽĨĞǀĞŶƚƐ͘ƚŚůĞƚŝĐƐ ĂůƐŽ ĐĂƌƌŝĞƐ ƚŚĞ ŵĂŶƚůĞ ŽĨ ďĞŝŶŐ ƚŚĞůĞĂĚŝŶŐƐƉŽƌƚŽĨƚŚĞKůǇŵƉŝĐƐ'ĂŵĞƐ͘ƚŚůĞƚŝĐƐŝƐƚŚĞŵĂŝŶƐƉĞĐƚĂƚŽƌƐƚĂĚŝƵŵƐƉŽƌƚŽĨƚŚĞ'ĂŵĞƐ͕ĐĞŶƚƌĂů ƚŽ ƚŚĞ ƐƵĐĐĞƐƐ ŽĨ ĞĂĐŚ ƐƵŵŵĞƌ ĞĚŝƚŝŽŶ͘dŚĞŚŝƐƚŽƌŝĞƐŽĨĂƚŚůĞƚŝĐƐĂŶĚƚŚĞKůǇŵƉŝĐ'ĂŵĞƐĂƌĞĐůŽƐĞůǇĞŶƚǁŝŶĞĚ ĂŶĚďŽƚŚĐŽŶƚŝŶƵĞƚŽƉůĂǇƚŽƉĂĐŬĞĚƐƚĂĚŝƵŵƐĂŶĚĂƚƚƌĂĐƚdsĂƵĚŝĞŶĐĞƐŝŶƚŚĞŝƌďŝůůŝŽŶƐ͘dŚĞ ŵĂƌŬĞƚŝŶŐ ƉŽƚĞŶƚŝĂů ŽĨ ĞĂĐŚ ĞĚŝƚŝŽŶ ŽĨ ƚŚĞtŽƌůĚƚŚůĞƚŝĐƐŚĂŵƉŝŽŶƐŚŝƉƐŝƐĞǆĐĞůůĞŶƚǁŝƚŚŽŶůǇƚŚĞKůǇŵƉŝĐƐĂŶĚƚŚĞ&/&tŽƌůĚƵƉĂŚĞĂĚŽĨŝƚŝŶƚĞƌŵƐŽĨŐůŽďĂůƌĞĂĐŚĂŶĚŝŵƉĂĐƚ͘dŚĞŶĞǆƚĞĚŝƚŝŽŶ ŽĨ ƚŚĞ tŽƌůĚ ƚŚůĞƚŝĐƐ ŚĂŵƉŝŽŶƐŚŝƉƐǁŝůůďĞŚŽƐƚĞĚŝŶdŽŬǇŽ͕:ĂƉĂŶ;ϮϬϮϱͿ͘dŚĞǁŝĚĞǀĂƌŝĞƚǇŝŶƚŚĞƚǇƉĞ͕ƐŝǌĞĂŶĚƐĐŽƉĞŽĨƚŚĞƌĞƐƚŽĨƚŚĞĞǀĞŶƚƐŽĨƚŚĞtŽƌůĚƚŚůĞƚŝĐƐ^ĞƌŝĞƐ͕ǁŝƚŚƚŚĞŝƌĚŝĨĨĞƌĞŶƚĚĞŵĂŶĚƐŝŶƚĞƌŵƐŽĨůŽŐŝƐƚŝĐƐ͕ďƵĚŐĞƚ ĂŶĚ ĨĂĐŝůŝƚŝĞƐ ĂůƐŽ ŵĞĂŶƐ ƚŚĂƚ ƚŚĞƌĞ ĂƌĞtŽƌůĚƚŚůĞƚŝĐƐĞǀĞŶƚƐĂǀĂŝůĂďůĞƚŽĨŝƚƚŚĞŚŽƐƚŝŶŐĂŵďŝƚŝŽŶƐ ĂŶĚ ƌĞƐŽƵƌĐĞƐ ŽĨ ĐŝƚŝĞƐ͕ ůĂƌŐĞ ĂŶĚƐŵĂůů͕ ĂŵŽŶŐ ŵŽƐƚ ŽĨ ƚŚĞ ƐƐŽĐŝĂƚŝŽŶ’Ɛ ϮϭϰDĞŵďĞƌ&ĞĚĞƌĂƚŝŽŶƐ͘^ŚŽǁŝŶŐ ƚŚĞ ƐƉŽƌƚΖƐ ĂďŝůŝƚǇ ƚŽ ŝŶŶŽǀĂƚĞ ĂŶĚƌĞƐƉŽŶĚƚŽĐŚĂŶŐŝŶŐĚĞŵĂŶĚƐ͕ ƚǁŽŶĞǁ'ůŽďĂůŚĂŵƉŝŽŶƐŚŝƉ ĞǀĞŶƚƐ ŚĂǀĞ ďĞĞŶ ĂĚĚĞĚ ƚŽ ƚŚĞĐĂůĞŶĚĂƌ͘  dŚĞ tŽƌůĚ ƚŚůĞƚŝĐƐ ZŽĂĚ ZƵŶŶŝŶŐŚĂŵƉŝŽŶƐŚŝƉƐ͕ ƚŚĞ ĨŝƌƐƚ ĞĚŝƚŝŽŶ ŽĨ ǁŚŝĐŚ ǁĂƐŚĞůĚŝŶZŝŐĂ͕>ĂƚǀŝĂŝŶϮϬϮϯ͕ǁŝůůďĞŚĞůĚĞǀĞƌǇƚǁŽǇĞĂƌƐ ǁŝƚŚ ƚŚĞ ŶĞǆƚ ĞĚŝƚŝŽŶ ďĞŝŶŐ ŚĞůĚ ŝŶ ^ĂŶŝĞŐŽ͕ĂůŝĨŽƌŶŝĂ;ϮϬϮϱͿ͘dŚĞƐĞĐŽŶĚŶĞǁĞǀĞŶƚ͕ĂůƐŽ ďĞ ŚĞůĚ ĞǀĞƌǇ ƚǁŽ ǇĞĂƌƐ͕ ŝƐ ƚŚĞ tŽƌůĚƚŚůĞƚŝĐƐ hůƚŝŵĂƚĞ ŚĂŵƉŝŽŶƐŚŝƉƐ͘  dŚĞ ĨŝƌƐƚĞĚŝƚŝŽŶ ŽĨ ƚŚŝƐ ĞǀĞŶƚ ǁŝůů ďĞ ŚĞůĚ ŝŶ ƵĚĂƉĞƐƚ͕,ƵŶŐĂƌǇ;ϮϬϮϲͿ͘dŚŝƐǀĂƌŝĞƚǇĞǆƚĞŶĚƐďĞǇŽŶĚĐŚĂŵƉŝŽŶƐŚŝƉƐ͘/Ŷ ϮϬϭϬ Ă ŶĞǁ ŐůŽďĂů ŽŶĞͲĚĂǇ ĐŽŵƉĞƚŝƚŝŽŶƐƚƌƵĐƚƵƌĞ ǁĂƐ ƵŶǀĞŝůĞĚ͘ /ƚ ŝƐ ŚĞĂĚĞĚ ďǇ ƚŚĞŝĂŵŽŶĚ>ĞĂŐƵĞŽĨϭϰŝŶǀŝƚĂƚŝŽŶĂůƚƌĂĐŬĂŶĚĨŝĞůĚŵĞĞƚŝŶŐƐ ŝŶ ĨƌŝĐĂ͕ ƐŝĂ͕ ƵƌŽƉĞ͕ ĂŶĚ h^͘ dŚĞŽŶƚŝŶĞŶƚĂů dŽƵƌ͕ ǁŝƚŚ 'ŽůĚ͕ ^ŝůǀĞƌ ĂŶĚ ƌŽŶǌĞŽŶĞͲĚĂǇ ŵĞĞƚŝŶŐƐ ŚĞůĚ ĂĐƌŽƐƐ Ăůů Ɛŝǆ tŽƌůĚƚŚůĞƚŝĐƐĐŽŶƚŝŶĞŶƚĂůĂƌĞĂƐ͕ǁĂƐůĂƵŶĐŚĞĚŝŶϮϬϮϬǁŝƚŚũƵƐƚϮϬĞǀĞŶƚƐ͘/ŶϮϬϮϯŽǀĞƌϭϱ͕ϬϬϬĂƚŚůĞƚĞƐĐŽŵƉĞƚĞĚ ŝŶ ϮϮϵ ĞǀĞŶƚƐ͘ KƚŚĞƌ ĞǀĞŶƚƐ ŝŶĐůƵĚĞƚŚĞ /ŶĚŽŽƌ dŽƵƌ͕ ƌŽƐƐͲŽƵŶƚƌǇ dŽƵƌ͕ ZĂĐĞ ͲtĂůŬŝŶŐdŽƵƌĂŶĚŽŵďŝŶĞĚǀĞŶƚƐdŽƵƌŽĨĨĞƌĂƐĞĐŽŶĚ ƚŝĞƌ ŽĨ ĞůŝƚĞ ŝŶƚĞƌŶĂƚŝŽŶĂů ĐŽŵƉĞƚŝƚŝŽŶƐ͘ůůƚŚĞƐĞƉůĂǇŽƵƚƚŽůĂƌŐĞƐƚĂĚŝƵŵ͕ĐƌŽǁĚƐĂŶĚdsĂƵĚŝĞŶĐĞƐĂƌŽƵŶĚƚŚĞǁŽƌůĚ͘Ɛ tŽƌůĚ ƚŚůĞƚŝĐƐ ĐŽŶƚŝŶƵĞƐ ŝŶ ŝƚƐ ƐĞĐŽŶĚĐĞŶƚƵƌǇ ŽĨ ĞǆŝƐƚĞŶĐĞ͕ ŽƵƌ Ăŝŵ ŝƐ ƚŽ ĨƵƌƚŚĞƌĞŶŚĂŶĐĞ ŽƵƌ ǀŝďƌĂŶƚ ƐƉŽƌƚ ƚŽ ŽĨĨĞƌ ŶĞǁ ĂŶĚĞǆĐŝƚŝŶŐ ƉƌŽƐƉĞĐƚƐ ĨŽƌ ĂƚŚůĞƚĞƐ ĂŶĚ ƐƉĞĐƚĂƚŽƌƐĂůŝŬĞ͘tĞĂƌĞǁŽƌŬŝŶŐŚĂƌĚƚŽĞŶƐƵƌĞƚŚĂƚĞǀĞƌǇĂƌĞĂ ŽĨ ŽƵƌ ƐƉŽƌƚ ŝƐ ƌĞǀŝĞǁĞĚ͕ ƚĞƐƚĞĚ ĂŶĚĞŶĐŽƵƌĂŐĞĚƚŽƐƚƌŝǀĞĨŽƌĂƚŚůĞƚŝĐƐĞǆĐĞůůĞŶĐĞ͘

tKZ>d,>d/^&/EE/>ZWKZdͮƉ͘ϭϭ

104

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K&&//>tKZ>d,>d/^WZdEZ^

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG

tKZ>d,>d/^&/EE/>ZWKZdͮƉ͘ϭϮ

105

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

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/ƚĞŵƐƚŚĂƚǁŝůůďĞƌĞĐůĂƐƐŝĨŝĞĚƐƵďƐĞƋƵĞŶƚůǇƚŽƉƌŽĨŝƚŽƌůŽƐƐǁŚĞŶƐƉĞĐŝĨŝĐĐŽŶĚŝƚŝŽŶƐĂƌĞŵĞƚƵƌƌĞŶĐǇƚƌĂŶƐůĂƚŝŽŶĚŝĨĨĞƌĞŶĐĞƐKƚŚĞƌĐŽŵƉƌĞŚĞŶƐŝǀĞ;ĞǆƉĞŶƐĞͿͬŝŶĐŽŵĞdŽƚĂůĐŽŵƉƌĞŚĞŶƐŝǀĞŝŶĐŽŵĞ;ůŽƐƐͿĨŽƌƚŚĞǇĞĂƌ

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ϭϲϭ
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ͲϮϮϭϲϭͲϭϲ͕ϳϱϮͲϭϳ͕ϮϮϮ

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KE^K>/d>E^,dEŽƚĞŝŶŬh^ƐƐĞƚƐ/ŶƚĂŶŐŝďůĞĂƐƐĞƚƐWƌŽƉĞƌƚǇ͕ƉůĂŶƚΘĞƋƵŝƉŵĞŶƚ>ŽŶŐƚĞƌŵĨŝŶĂŶĐŝĂůĂƐƐĞƚƐ/ŶǀĞƐƚŵĞŶƚƐŝŶĞƋƵŝƚǇͲĂĐĐŽƵŶƚĞĚŝŶǀĞƐƚĞĞƐEŽŶͲĐƵƌƌĞŶƚĂƐƐĞƚƐ

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ϮϬϮϮ
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Ϭ

ϭϯϰ

ϰ͕ϯϵϬ

ϰ͕ϲϮϵ

ϮϭϮ

Ϯϭϭ

ϲϲϭ

ϲϬϬ

ϱ͕Ϯϲϯ

ϱ͕ϱϳϰ

dƌĂĚĞƌĞĐĞŝǀĂďůĞƐϭϭϭ͕ϲϭϬ

ϴϰϭWƌĞƉĂǇŵĞŶƚƐΘƚĂǆƌĞĐĞŝǀĂďůĞƐ

ϭϭ

ϴϭϬ

ϲϬϮ

KƚŚĞƌƌĞĐĞŝǀĂďůĞƐϭϭϱ͕ϯϰϰ

ϴ͕ϱϴϱ

ŽŶƚƌĂĐƚĂƐƐĞƚƐ

ϭϮ

Ϭ

Ϭ

ĂƐŚĂŶĚĐĂƐŚĞƋƵŝǀĂůĞŶƚƐϭϯϯϮ͕ϳϴϮϰϲ͕ϬϱϭϰϬ͕ϱϰϱϱϲ͕Ϭϳϵϰϱ͕ϴϬϵϲϭ͕ϲϱϯƵƌƌĞŶƚĂƐƐĞƚƐdŽƚĂůĂƐƐĞƚƐ

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ZĞƐĞƌǀĞ&ƵŶĚ'ĞŶĞƌĂů&ƵŶĚWƌŽĨŝƚͬůŽƐƐŽĨƚŚĞǇĞĂƌdŽƚĂůĞƋƵŝƚǇΘƌĞƐĞƌǀĞƐ;ŐĞŶĞƌĂůĨƵŶĚƐͿϭϬ͕ϬϬϬϭϰϭϬ͕ϬϬϬϯϯ͕ϱϬϳϱϬ͕ϴϲϴͲϭϲ͕ϳϳϰͲϭϳ͕ϯϴϰϮϲ͕ϳϯϮϰϯ͕ϰϴϰ

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dƌĂĚĞƉĂǇĂďůĞƐϭϳϳ͕ϭϳϮ

ϯ͕ϵϯϵ

KƚŚĞƌƉĂǇĂďůĞƐĂŶĚĂĐĐƌƵĞĚĞǆƉĞŶƐĞƐϭϴϴ͕ϬϮϲ

ϴ͕ϰϴϵ

&ŝŶĂŶĐŝĂůůŝĂďŝůŝƚŝĞƐ

ϭϲ

ϯϮϮ

ϮϯϮ

ĞĨĞƌƌĞĚŝŶĐŽŵĞ

ϭϵ

ϭϱϬ

Ϯ͕ϯϳϬ

ϭϱ͕ϲϳϭϭϱ͕ϬϯϬƵƌƌĞŶƚůŝĂďŝůŝƚŝĞƐ

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ϭϬ

ϮϬϮϯ
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WƌŽǀŝƐŝŽŶƐ

ϭϱ

ϲϯϱ

ϱϵϱ

&ŝŶĂŶĐŝĂůůŝĂďŝůŝƚŝĞƐϭϲϮ͕ϱϮϭ

Ϯ͕Ϯϵϰ

ĞĨĞƌƌĞĚŝŶĐŽŵĞ

ϭϵ

ϮϱϬ

ϮϱϬ

EŽŶͲĐƵƌƌĞŶƚůŝĂďŝůŝƚŝĞƐϯ͕ϰϬϲ

ϯ͕ϭϯϵ

dŽƚĂůůŝĂďŝůŝƚŝĞƐϭϵ͕Ϭϳϳϭϴ͕ϭϲϵϰϱ͕ϴϬϵϲϭ͕ϲϱϯdŽƚĂůůŝĂďŝůŝƚŝĞƐĂŶĚƌĞƐĞƌǀĞƐ

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG

tKZ>d,>d/^&/EE/>ZWKZdͮƉ͘ϭϰ

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

KE^K>/d^ddDEdK&^,&>Kt^ŝŶŬh^KƉĞƌĂƚŝŶŐĂĐƚŝǀŝƚŝĞƐ

EŽƚĞ
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EĞƚƌĞƐƵůƚĨŽƌƚŚĞǇĞĂƌEĞƚĨŝŶĂŶĐŝĂů;ŝŶĐŽŵĞͿͬĞǆƉĞŶƐĞϳ͕ϴĞƉƌĞĐŝĂƚŝŽŶϭϬϭ͕Ϭϳϭ

ϭ͕ϬϮϳ

^ŚĂƌĞŽĨůŽƐƐ;ƉƌŽĨŝƚͿŽŶŝŶǀĞƐƚŵĞŶƚŝŶĞƋƵŝƚǇ/ŶĐƌĞĂƐĞͬ;ĞĐƌĞĂƐĞͿŝŶƉƌŽǀŝƐŝŽŶƐĨŽƌƉĞŶƐŝŽŶŽďůŝŐĂƚŝŽŶƐ

ϵ
ϭϱ

ͲϲϮ
ϰϬ

ͲϭϮϳ
Ͳϭϳϯ

;/ŶĐƌĞĂƐĞͿͬĞĐƌĞĂƐĞŝŶƌĞĐĞŝǀĂďůĞƐ

ϭϭ

ϱϬ

ϴ͕ϱϮϰ

ϭϮϭϳ͕ϭϴ

ϬϮ͕ϲϲϴϬϴϴϰEĞƚĐĂƐŚŐĞŶĞƌĂƚĞĚďǇŽƉĞƌĂƚŝŶŐĂĐƚŝǀŝƚŝĞƐͲϭϮ͕ϱϴϭͲϲ͕ϴϭϳ/ŶǀĞƐƚŝŶŐĂĐƚŝǀŝƚŝĞƐ;WƵƌĐŚĂƐĞͿͬƐĂůĞŽĨƉƌŽƉĞƌƚǇ͕ƉůĂŶƚΘĞƋƵŝƉŵĞŶƚϭϬ;/ŶĐƌĞĂƐĞͿͬĞĐƌĞĂƐĞŝŶĐŽŶƚƌĂĐƚĂƐƐĞƚƐ/ŶĐƌĞĂƐĞͬ;ĞĐƌĞĂƐĞͿŝŶƉĂǇĂďůĞƐ;WƵƌĐŚĂƐĞͿͬƐĂůĞŽĨŝŶƚĂŶŐŝďůĞĂƐƐĞƚƐEĞƚĐĂƐŚ;ƵƐĞĚͿͬŐĞŶĞƌĂƚĞĚŝŶŝŶǀĞƐƚŝŶŐĂĐƚŝǀŝƚŝĞƐ

ϮϬϮϮ
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Ͳϭϲ͕ϳϳϰ Ͳϭϳ͕ϯϴϰ
ϰϮϱ
ϰϯϮ

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Ͳϲϵϵ

Ͳϭϵϴ

Ϭ

Ϭ

Ͳϲϵϵ

Ͳϭϵϴ

WƌŽĐĞĞĚĨƌŽŵŶĞǁůŽĂŶƐͬďŽƌƌŽǁŝŶŐƐ

ϭϬ

ϲϬϱ

Ϭ

ZĞŝŵďƵƌƐŵĞŶƚŽĨůŽĂŶƐͬďŽƌƌŽǁŝŶŐƐ/ŶƚĞƌĞƐƚƌĞĐĞŝǀĞĚ

ϭϬ
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Ͳϯϴϭ
Ϭ

ͲϯϬϵ
Ϭ

/ŶƚĞƌĞƐƚƉĂŝĚ

ϴ

ͲϮϭϱ

ͲϮϭϱ

EĞƚĐĂƐŚƵƐĞĚŝŶĨŝŶĂŶĐŝŶŐĂĐƚŝǀŝƚŝĞƐ

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ϭϬ

ͲϱϮϯ

EĞƚ;ĚĞĐƌĞĂƐĞͿͬŝŶĐƌĞĂƐĞŝŶĐĂƐŚΘĐĂƐŚĞƋƵŝǀĂůĞŶƚƐͲϭϯ͕ϮϳϬͲϳ͕ϱϯϴĂƐŚΘĐĂƐŚĞƋƵŝǀĂůĞŶƚƐĂƐĂƚϭ:ĂŶƵĂƌǇ

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ϮϬϮϯ

EĞƚŝŶĐƌĞĂƐĞͬ;ĚĞĐƌĞĂƐĞͿŝŶĐĂƐŚΘĐĂƐŚĞƋƵŝǀĂůĞŶƚƐĂƐŚΘĐĂƐŚĞƋƵŝǀĂůĞŶƚƐĂƐĂƚϯϭĞĐĞŵďĞƌ

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ϰϲ͕Ϭϱϭϱϯ͕ϱϴϵͲϭϯ͕ϮϳϬͲϳ͕ϱϯϴϯϮ͕ϳϴϭϰϲ͕Ϭϱϭ

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108

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EŽƚĞ

ŝŶŬh^dŽƚĂůĞƋƵŝƚǇͲ Ͳ

ĐƚƵĂƌŝĂůůŽƐƐŽŶƌĞƚŝƌĞŵĞŶƚďĞŶĞĨŝƚŽďůŝŐĂƚŝŽŶƐ͕ŶĞƚŽĨƚĂǆĞƐϭϲϭ ϭϲϭ

KƚŚĞƌĐŽŵƉƌĞŚĞŶƐŝǀĞŝŶĐŽŵĞĨŽƌƚŚĞƉĞƌŝŽĚͲ ϭϲϭ ϭϲϭ

WƌŽĨŝƚͬůŽƐƐĨŽƌƚŚĞǇĞĂƌdŽƚĂůĐŽŵƉƌĞŚĞŶƐŝǀĞŝŶĐŽŵĞĨŽƌƚŚĞƉĞƌŝŽĚͲ ;ϭϳ͕ϮϮϮͿ ;ϭϳ͕ϮϮϮͿƐĂƚϯϭĞĐĞŵďĞƌϮϬϮϮϭϬ͕ϬϬϬϯϯ͕ϰϴϰϰϯ͕ϰϴϰ

EĞƚŝŶĐŽŵĞĂůůŽĐĂƚŝŽŶͲ Ͳ

ĐƚƵĂƌŝĂůůŽƐƐŽŶƌĞƚŝƌĞŵĞŶƚďĞŶĞĨŝƚŽďůŝŐĂƚŝŽŶƐ͕ŶĞƚŽĨƚĂǆĞƐϮϮ ϮϮ

KƚŚĞƌĐŽŵƉƌĞŚĞŶƐŝǀĞŝŶĐŽŵĞĨŽƌƚŚĞƉĞƌŝŽĚͲ ϮϮ ϮϮ

WƌŽĨŝƚͬůŽƐƐĨŽƌƚŚĞǇĞĂƌdŽƚĂůĐŽŵƉƌĞŚĞŶƐŝǀĞŝŶĐŽŵĞĨŽƌƚŚĞƉĞƌŝŽĚͲ ;ϭϲ͕ϳϱϮͿ ;ϭϲ͕ϳϱϮͿƐĂƚϯϭĞĐĞŵďĞƌϮϬϮϯϭϬ͕ϬϬϬϭϲ͕ϳϯϮϮϲ͕ϳϯϮ

EĞƚŝŶĐŽŵĞĂůůŽĐĂƚŝŽŶZĞƐĞƌǀĞ&ƵŶĚKƚŚĞƌZĞƐĞƌǀĞƐdƌĂŶƐĨĞƌĨƌŽŵŝŶĐŽŵĞ;ϭϳ͕ϯϴϰͿ ;ϭϳ͕ϯϴϰͿ

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG

;ϭϲ͕ϳϳϰͿ ;ϭϲ͕ϳϳϰͿ

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109

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

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entity’s voting rights. dŚĞ ƐƐŽĐŝĂƚŝŽŶ ĞǆĞƌĐŝƐĞƐƐŝŐŶŝĨŝĐĂŶƚ ŝŶĨůƵĞŶĐĞ ŽǀĞƌ ĂŶ ĞŶƚŝƚǇ ǁŚĞŶ ŝƚ ŚĂƐ
Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG

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tKZ>d,>d/^&/EE/>ZWKZdͮƉ͘ϭϴ

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

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Zh>^EWZKs/^/KE^ ƉƌŽǀŝƐŝŽŶ ŝƐ ƌĞĐŽŐŶŝƐĞĚǁŚĞŶ tŽƌůĚ ƚŚůĞƚŝĐƐŚĂƐĂůĞŐĂůŽƌĐŽŶƐƚƌƵĐƚŝǀĞŽďůŝŐĂƚŝŽŶƚŽǁĂƌĚƐĂƚŚŝƌĚƉĂƌƚǇĂƐĂƌĞƐƵůƚŽĨĂƉĂƐƚĞǀĞŶƚ͕ǁŚĞŶŝƚŝƐƉƌŽďĂďůĞ ƚŚĂƚ ĂŶ ŽƵƚĨůŽǁ Žƌ ĞĐŽŶŽŵŝĐ ďĞŶĞĨŝƚƐǁŝůůďĞƌĞƋƵŝƌĞĚƚŽƐĞƚƚůĞƚŚĞŽďůŝŐĂƚŝŽŶĂŶĚǁŚĞŶĂ ƌĞůŝĂďůĞ ĞƐƚŝŵĂƚĞ ĐĂŶ ďĞ ŵĂĚĞ ŽĨ ĨƵƚƵƌĞ ĐĂƐŚŽƵƚĨůŽǁƐ͘ŶǇ ĂĐĐƌƵĞĚ ůŝĂďŝůŝƚǇ ŶŽƚ ĐŽŶƐƵŵĞĚ ǁŝƚŚŝŶ ƚǁŽǇĞĂƌƐĂĨƚĞƌƚŚĞƌĞĐŽŐŶŝƚŝŽŶĚĂƚĞƐŚĂůůďĞƌĞǀĞƌƐĞĚŝŶ ƚŚĞ ĐŽŶƐŽůŝĚĂƚĞĚ ŝŶĐŽŵĞ ƐƚĂƚĞŵĞŶƚ ƵŶůĞƐƐƐƉĞĐŝĨŝĐ ĐŝƌĐƵŵƐƚĂŶĐĞƐ ũƵƐƚŝĨǇ ƚŚĞ ďĂůĂŶĐĞ ƚŽ ďĞŵĂŝŶƚĂŝŶĞĚŝŶƚŚĞďĂůĂŶĐĞƐŚĞĞƚ͘WĂǇĂďůĞƐĂƌĞŶŽƚŝŶƚĞƌĞƐƚďĞĂƌŝŶŐĂŶĚĂƌĞƐƚĂƚĞĚĂƚƚŚĞŝƌŶŽŵŝŶĂůǀĂůƵĞ͘ŽŶƚŝŶŐĞŶƚ ůŝĂďŝůŝƚŝĞƐ ĂƌĞ ŶŽƚ ƌĞĐŽŐŶŝƐĞĚ ƵŶůĞƐƐƚŚĞůŝŬĞůŝŚŽŽĚŽĨĂůŝĂďŝůŝƚǇŝƐƉƌŽďĂďůĞ͘dŚĞǇĂƌĞĚŝƐĐůŽƐĞĚŝŶƚŚĞŶŽƚĞƐƚŽƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐƵŶůĞƐƐƚŚĞƉŽƐƐŝďŝůŝƚǇŽĨĂŶŽƵƚĨůŽǁŽĨĞĐŽŶŽŵŝĐƌĞƐŽƵƌĐĞƐŝƐƌĞŵŽƚĞ͘

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG'͘WE^/KEK>/'d/KE^dŚĞ ƌĞƚŝƌĞŵĞŶƚ ďĞŶĞĨŝƚ ŽďůŝŐĂƚŝŽŶƐ ƌĞůĂƚĞ ƚŽDŽŶĂĐŽ ĞŵƉůŽǇĞĞƐ͘ hŶĚĞƌ ůĞŐŝƐůĂƚŝŽŶ ŝŶDŽŶĂĐŽ͕ƚŚĞƐƐŽĐŝĂƚŝŽŶŝƐƌĞƋƵŝƌĞĚƚŽƉƌŽǀŝĚĞĂƉĞŶƐŝŽŶďĂƐĞĚŽŶůĞŐĂůƌĞƋƵŝƌĞŵĞŶƚƐ͕Žƌ͕ŽŶƚŚĞĐŽůůĞĐƚŝǀĞůĂďŽƌĂŐƌĞĞŵĞŶƚƌĞƋƵŝƌĞŵĞŶƚƐŝĨƚŚĞƐĞŽŶĞƐ ĂƌĞ ŵŽƌĞ ĂĚǀĂŶƚĂŐĞŽƵƐ ƚŚĂŶ ůĞŐĂů͘ &ŽƌDŽŶĂĐŽ ĞŵƉůŽǇĞĞƐ͕ ƉĞŶƐŝŽŶƐ ĂƌĞ ĐŽŵƉƵƚĞĚďĂƐĞĚ ƵƉŽŶ ƚŚĞ ůĂƐƚ ƚǁĞůǀĞ ŵŽŶƚŚƐ ŐƌŽƐƐƌĞŵƵŶĞƌĂƚŝŽŶ͕ ĞǆĐůƵĚŝŶŐ ďŽŶƵƐĞƐ ĂŶĚ ŽƚŚĞƌĐŽŵƉůĞŵĞŶƚĂƌǇ ƌĞŵƵŶĞƌĂƚŝŽŶ͘ dŚĞ ůŝĂďŝůŝƚǇǁŚŝĐŚ ŝƐ ƉĂŝĚ ŽŶĐĞ ƵƉŽŶ ƚŚĞ ƌĞƚŝƌĞŵĞŶƚ ŽĨ ƚŚĞĞŵƉůŽǇĞĞ ŝƐ ƌĞĐŽŐŶŝƐĞĚ ŝŶ ƚŚĞ ďĂůĂŶĐĞ ƐŚĞĞƚ ŝŶƌĞƐƉĞĐƚ ŽĨ ƚŚĞƐĞ ĚĞĨŝŶĞĚ ďĞŶĞĨŝƚ ƉĞŶƐŝŽŶ ƉůĂŶƐ͘dŚŝƐŝƐƚŚĞ ƉƌĞƐĞŶƚǀĂůƵĞŽĨƚŚĞĚĞĨŝŶĞĚďĞŶĞĨŝƚŽďůŝŐĂƚŝŽŶĂƚƚŚĞĞŶĚŽĨƚŚĞƌĞƉŽƌƚŝŶŐƉĞƌŝŽĚ͘dŚĞĚĞĨŝŶĞĚďĞŶĞĨŝƚŽďůŝŐĂƚŝŽŶŝƐĐĂůĐƵůĂƚĞĚĞĂĐŚǇĞĂƌƵƐŝŶŐ ƚŚĞ ƉƌŽũĞĐƚĞĚ ƵŶŝƚ ĐƌĞĚŝƚ ŵĞƚŚŽĚ͘ dŚĞƉƌĞƐĞŶƚǀĂůƵĞŽĨƚŚĞĚĞĨŝŶĞĚďĞŶĞĨŝƚŽďůŝŐĂƚŝŽŶŝƐĚĞƚĞƌŵŝŶĞĚďǇĚŝƐĐŽƵŶƚŝŶŐƚŚĞĞƐƚŝŵĂƚĞĚĨƵƚƵƌĞĐĂƐŚŽƵƚĨůŽǁƐƵƐŝŶŐŝŶƚĞƌĞƐƚƌĂƚĞƐŽĨŚŝŐŚͲƋƵĂůŝƚǇĐŽƌƉŽƌĂƚĞ ďŽŶĚƐ ƚŚĂƚ ĂƌĞ ĚĞŶŽŵŝŶĂƚĞĚ ŝŶ ƚŚĞĐƵƌƌĞŶĐǇŝŶǁŚŝĐŚƚŚĞďĞŶĞĨŝƚƐǁŝůůďĞƉĂŝĚ͕ĂŶĚƚŚĂƚ ŚĂǀĞ ƚĞƌŵƐ ĂƉƉƌŽǆŝŵĂƚŝŶŐ ƚŽ ƚŚĞ ƚĞƌŵƐ ŽĨƚŚĞƌĞůĂƚĞĚŽďůŝŐĂƚŝŽŶ͘dŚĞŶĞƚŝŶƚĞƌĞƐƚĐŽƐƚŝƐĐĂůĐƵůĂƚĞĚďǇĂƉƉůǇŝŶŐƚŚĞĚŝƐĐŽƵŶƚ ƌĂƚĞƚŽƚŚĞŶĞƚďĂůĂŶĐĞŽĨƚŚĞĚĞĨŝŶĞĚďĞŶĞĨŝƚ ŽďůŝŐĂƚŝŽŶ͘ dŚŝƐ ĐŽƐƚ ŝƐ ŝŶĐůƵĚĞĚ ŝŶĞŵƉůŽǇĞĞ ďĞŶĞĨŝƚ ĞǆƉĞŶƐĞ ŝŶ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨƉƌŽĨŝƚŽƌůŽƐƐ͘ZĞŵĞĂƐƵƌĞŵĞŶƚ ŐĂŝŶƐ ĂŶĚ ůŽƐƐĞƐ ĂƌŝƐŝŶŐ ĨƌŽŵĞǆƉĞƌŝĞŶĐĞĂĚũƵƐƚŵĞŶƚƐĂŶĚĐŚĂŶŐĞƐŝŶĂĐƚƵĂƌŝĂůĂƐƐƵŵƉƚŝŽŶƐ ĂƌĞ ƌĞĐŽŐŶŝƐĞĚ ŝŶ ƚŚĞ ƉĞƌŝŽĚ ŝŶǁŚŝĐŚ ƚŚĞǇ ŽĐĐƵƌ͕ ĚŝƌĞĐƚůǇ ŝŶ ŽƚŚĞƌĐŽŵƉƌĞŚĞŶƐŝǀĞ ŝŶĐŽŵĞ͘ dŚĞǇ ĂƌĞ ŝŶĐůƵĚĞĚ ŝŶƌĞƚĂŝŶĞĚĞĂƌŶŝŶŐƐŝŶƚŚĞƐƚĂƚĞŵĞŶƚŽĨĐŚĂŶŐĞƐŝŶĞƋƵŝƚǇĂŶĚŝŶƚŚĞďĂůĂŶĐĞƐŚĞĞƚ͘
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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

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Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG&Žƌ ƉƌŽĨŝƚ ƐŚĂƌĞ ƌĞǀĞŶƵĞ ƌĞĐŽŐŶŝƚŝŽŶ͕ŵĂŶĂŐĞŵĞŶƚĞǆĞƌĐŝƐĞƐŝƚƐũƵĚŐĞŵĞŶƚƚŽĚĞƚĞƌŵŝŶĞ ĂŶ ĞƐƚŝŵĂƚĞ ŽĨ ƚŚĞ ƉƌŽĨŝƚ ƐŚĂƌĞĚŝƌĞĐƚůǇ ĂƚƚƌŝďƵƚĂďůĞ ƚŽ ƚŚĞ ĨŝŶĂŶĐŝĂů ǇĞĂƌ ĂŶĚƌĞĐŽŐŶŝƐĞƐƚŚŝƐŝŶƚŚĞƉĞƌŝŽĚŝƚŝƐĞĂƌŶĞĚ͘dĞĐŚŶŝĐĂů ĐĞƌƚŝĨŝĐĂƚŝŽŶƐ ƉƌŽǀŝĚĞĚ ďǇ tŽƌůĚƚŚůĞƚŝĐƐĂƌĞƉĞƌĨŽƌŵĞĚĂƚĂƉŽŝŶƚŝŶƚŝŵĞǁŝƚŚĂĐĞƌƚŝĨŝĐĂƚŝŽŶ ĚƵƌĂƚŝŽŶ ŽĨ ƚŚƌĞĞ Žƌ ĨŝǀĞ ǇĞĂƌƐ͕ƌĞŐĂƌĚŝŶŐ ƐƉŽƌƚŝǀĞ ŝŶĨƌĂƐƚƌƵĐƚƵƌĞƐ͘ ZĞǀĞŶƵĞŐĞŶĞƌĂƚĞĚ ĨƌŽŵ dĞĐŚŶŝĐĂů ĐĞƌƚŝĨŝĐĂƚŝŽŶƐ ŝƐƌĞĐŽŐŶŝƐĞĚĂƚĂƉŽŝŶƚŝŶƚŝŵĞǁŚĞŶƚŚĞƚĞĐŚŶŝĐĂůĐĞƌƚŝĨŝĐĂƚŝŽŶŝƐƉƌŽǀŝĚĞĚ͘dŚĞ ƉĞƌĨŽƌŵĂŶĐĞ ŽďůŝŐĂƚŝŽŶƐ ŚĂǀĞ ďĞĞŶĚĞƚĞƌŵŝŶĞĚ ĨŽƌ ĞĂĐŚ ĐŽŶƚƌĂĐƚ ĂŶĚ ƚŚĞ ƌĞǀĞŶƵĞƌĞĐŽŐŶŝƚŝŽŶŵĞƚŚŽĚĨŽƌĞĂĐŚĐŽŶƚƌĂĐƚ ŚĂƐďĞĞŶĚĞƚĞƌŵŝŶĞĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚ/&Z^ϭϱ͘

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&/EE/>Z/^<DE'DEddŚĞ ƐƐŽĐŝĂƚŝŽŶ’s overall risk management program focuses on the unpredictability of the financialŵĂƌŬĞƚƐĂŶĚƐĞĞŬƐƚŽŵŝŶŝŵŝƐĞĂŶǇƉŽƚĞŶƚŝĂůĂĚǀĞƌƐĞĞĨĨĞĐƚƐŽŶƚŚĞƐƐŽĐŝĂƚŝŽŶ’s financial performance.
dŚĞDĂŶĂŐĞŵĞŶƚŽĂƌĚƉƌŽǀŝĚĞƐƉƌŝŶĐŝƉůĞƐĨŽƌƚŚĞŽǀĞƌĂůůŵĂŶĂŐĞŵĞŶƚŽĨƌŝƐŬƐƐƵĐŚĂƐĨŽƌĞŝŐŶĞǆĐŚĂŶŐĞƌŝƐŬ͕ĐƌĞĚŝƚƌŝƐŬĂŶĚůŝƋƵŝĚŝƚǇƌŝƐŬ͘;ĂͿ&ŽƌĞŝŐŶĞǆĐŚĂŶŐĞƌŝƐŬdŚĞƐƐŽĐŝĂƚŝŽŶŽƉĞƌĂƚĞƐŝŶƚĞƌŶĂƚŝŽŶĂůůǇĂŶĚŝƐĞǆƉŽƐĞĚƚŽĨŽƌĞŝŐŶĞǆĐŚĂŶŐĞƌŝƐŬĂƌŝƐŝŶŐĨƌŽŵƚƌĂŶƐĂĐƚŝŽŶƐĚĞŶŽŵŝŶĂƚĞĚŝŶĐƵƌƌĞŶĐŝĞƐŽƚŚĞƌƚŚĂŶƚŚĞhŶŝƚĞĚ^ƚĂƚĞƐŽůůĂƌ͕ǁŚŝĐŚŝƐƚŚĞĨƵŶĐƚŝŽŶĂůĂŶĚƉƌĞƐĞŶƚĂƚŝŽŶĐƵƌƌĞŶĐǇŽĨƚŚĞƐƐŽĐŝĂƚŝŽŶ͘

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG

KƉĞƌĂƚŝŶŐ ŝŶĐŽŵĞͬĞǆƉĞŶƐĞƐ ĂŶĚ ƚŚĞ ĐĂƐŚ ĨůŽǁƐ ŽĨ ƚŚĞ ƐƐŽĐŝĂƚŝŽŶ ĂƌĞ ĂĨĨĞĐƚĞĚ ďǇ ĞǆĐŚĂŶŐĞ ƌĂƚĞĨůƵĐƚƵĂƚŝŽŶƐ͕ƉƌŝŶĐŝƉĂůůǇďĞƚǁĞĞŶƚŚĞƵƌŽĂŶĚƚŚĞh^ŽůůĂƌ͘dŚĞƐƐŽĐŝĂƚŝŽŶĞƐƚŝŵĂƚĞƐƚŚĂƚƚŚĞŝŵƉĂĐƚŝŶĂďƐŽůƵƚĞƚĞƌŵƐŽĨĂϭϬйŝŶĐƌĞĂƐĞŽƌĚĞĐƌĞĂƐĞŝŶƚŚŝƐƌĂƚĞŽŶŝƚƐŽƉĞƌĂƚŝŶŐŝŶĐŽŵĞĨŽƌƚŚĞǇĞĂƌĞŶĚĞĚϯϭĞĐĞŵďĞƌϮϬϮϯǁŽƵůĚŶŽƚŚĂǀĞďĞĞŶŵĂƚĞƌŝĂů͘ƵƌŝŶŐƚŚĞƉĞƌŝŽĚƐƉƌĞƐĞŶƚĞĚ͕ƚŚĞƐƐŽĐŝĂƚŝŽŶĚŝĚŶŽƚĞŶŐĂŐĞŝŶĂŶǇŚĞĚŐŝŶŐŽƉĞƌĂƚŝŽŶƐ͘;ďͿƌĞĚŝƚƌŝƐŬƌĞĚŝƚƌŝƐŬŝƐŵĂŶĂŐĞĚŽŶĂŶƐƐŽĐŝĂƚŝŽŶͲǁŝĚĞďĂƐŝƐ͘ƌĞĚŝƚƌŝƐŬĂƌŝƐĞƐĨƌŽŵĐĂƐŚĂŶĚĐĂƐŚĞƋƵŝǀĂůĞŶƚƐ͕ĂŶĚĚĞƉŽƐŝƚƐ ǁŝƚŚ ďĂŶŬƐ ĂŶĚ ĨŝŶĂŶĐŝĂů ŝŶƐƚŝƚƵƚŝŽŶƐ͕ ĂƐ ǁĞůů ĂƐ ĐƌĞĚŝƚ ĞǆƉŽƐƵƌĞ ƚŽ ĐƵƐƚŽŵĞƌƐ͕ ŝŶĐůƵĚŝŶŐŽƵƚƐƚĂŶĚŝŶŐ ƌĞĐĞŝǀĂďůĞƐ ĂŶĚ ĐŽŵŵŝƚƚĞĚƚƌĂŶƐĂĐƚŝŽŶƐ͘ dŚĞ ĐƌĞĚŝƚ ƌŝƐŬ ŽŶ ƌĞĐĞŝǀĂďůĞƐ ŝƐŵŝƚŝŐĂƚĞĚ ďǇ ƚŚĞƋƵĂůŝƚǇŽĨƚŚĞĐůŝĞŶƚ͘ƌĞĚŝƚƌŝƐŬůŝŶŬĞĚƚŽĐĂƐŚ͕ĚĞƉŽƐŝƚƐĂŶĚĐƵƌƌĞŶƚĨŝŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚƐŝƐŶŽƚŵĂƚĞƌŝĂůŐŝǀĞŶƚŚĞƋƵĂůŝƚǇŽĨƚŚĞĨŝŶĂŶĐŝĂůinstitutions’ĐŽƵŶƚĞƌƉĂƌƚŝĞƐ͘;ĐͿ>ŝƋƵŝĚŝƚǇƌŝƐŬDĂŶĂŐĞŵĞŶƚŵŽŶŝƚŽƌƐƌŽůůŝŶŐĨŽƌĞĐĂƐƚƐŽĨƚŚĞƐƐŽĐŝĂƚŝŽŶ’s liquidity requirementsŽŶĂƋƵĂƌƚĞƌůǇďĂƐŝƐƚŽĞŶƐƵƌĞŝƚŚĂƐĞŶŽƵŐŚĐĂƐŚĂǀĂŝůĂďůĞƚŽŵĞĞƚŝƚƐŽƉĞƌĂƚŝŽŶĂůŶĞĞĚƐ͘ǆƉĞŶĚŝƚƵƌĞƚƌĞŶĚƐĂƌĞďĂůĂŶĐĞĚǁŝƚŚĐŽŵŵŝƚƚĞĚƌĞǀĞŶƵĞƐƚŽĞŶƐƵƌĞĂĚĞƋƵĂƚĞůŝƋƵŝĚŝƚǇŝƐŵĂŝŶƚĂŝŶĞĚ͘tŽƌůĚƚŚůĞƚŝĐƐďĞŶĞĨŝƚƐĨƌŽŵůŽŶŐƚĞƌŵŽŵŵĞƌĐŝĂůĂŶĚƌŽĂĚĐĂƐƚĐŽŶƚƌĂĐƚƐƚŚĂƚ ƉƌŽǀŝĚĞ ĨůĞǆŝďŝůŝƚǇŝŶŵĂŶĂŐŝŶŐŽƉĞƌĂƚŝŽŶĂůĐĂƐŚŶĞĞĚƐ͘/ŶĂĚĚŝƚŝŽŶ͕ƚŚĞKůǇŵƉŝĐŝǀŝĚĞŶĚŐĞŶĞƌĂůůǇƌĞĐĞŝǀĞĚĞǀĞƌǇĨŽƵƌǇĞĂƌƐĂůůŽǁƐƚŚĞƐƐŽĐŝĂƚŝŽŶƚŽƐŵŽŽƚŚĞŶŝƚƐůŽŶŐͲƚĞƌŵĞǆƉĞŶĚŝƚƵƌĞƉĂƚƚĞƌŶƐ͘

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

D͘ Z/d/>KhEd/E'^d/Dd^E:h'DEddŚĞƉƌĞƉĂƌĂƚŝŽŶŽĨĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐƌĞƋƵŝƌĞƐƚŚĞ ƵƐĞ ŽĨ ĂĐĐŽƵŶƚŝŶŐ ĞƐƚŝŵĂƚĞƐ ǁŚŝĐŚ͕ ďǇĚĞĨŝŶŝƚŝŽŶ͕ ǁŝůů ƐĞůĚŽŵ ĞƋƵĂů ƚŚĞ ĂĐƚƵĂů ƌĞƐƵůƚƐ͘DĂŶĂŐĞŵĞŶƚĂůƐŽŶĞĞĚƐƚŽĞǆĞƌĐŝƐĞ ũƵĚŐĞŵĞŶƚŝŶĂƉƉůǇŝŶŐƚŚĞƐƐŽĐŝĂƚŝŽŶ’s accounting policies.
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EŽƚĞƐƚŽƚŚĞĐŽŶƐŽůŝĚĂƚĞĚƐƚĂƚĞŵĞŶƚŽĨĐŽŵƉƌĞŚĞŶƐŝǀĞŝŶĐŽŵĞϭ͘ ZsEh&ZKDZK^dZ/',d^E^WKE^KZ^,/WZ/',d^
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ƌŽĂĚĐĂƐƚZŝŐŚƚƐϭϰ͕ϳϮϱϭϰ͕ϳϮϱŽŵŵĞƌĐŝĂůZŝŐŚƚƐϭϯ͕ϬϬϬϭϯ͕ϬϬϬŽŵŵĞƌĐŝĂůZŝŐŚƚƐ;WƌŽĨŝƚƐŚĂƌĞͿϭϭ͕Ϭϲϯϳ͕ϵϳϳ

sĂůƵĞŝŶŬŝŶĚϲ͕ϭϴϳ

ϭϭ͕ϲϳϮŝŶŬh^ŝĂŵŽŶĚ>ĞĂŐƵĞϭ͕ϯϬϬ

ϭ͕ϯϱϬ

dŽƚĂůƌĞǀĞŶƵĞĨƌŽŵƌŽĂĚĐĂƐƚZŝŐŚƚƐĂŶĚŽŵŵĞƌĐŝĂůZŝŐŚƚƐϰϲ͕Ϯϳϱϰϴ͕ϳϮϰ

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORGϮ͘ Kd,ZZsEh&ZKDd/s/d/^ŝŶŬh^

ϮϬϮϯ

ϮϬϮϮ

ZƵƐƐŝĂŶƚŚůĞƚŝĐƐ&ĞĚĞƌĂƚŝŽŶƌĞŝŵďƵƌƐŵĞŶƚϳϳϴϭ͕ϭϭϯ

<ĞŶǇĂƌĞŝŵďƵƌƐŵĞŶƚ

ϲϱϰ

Ϭ

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ϮϱϬ

ϮϱϬ

ϭ͕ϯϵϰ

ϭ͕ϱϵϯϰϵϮϯKƚŚĞƌŝŶĐŽŵĞϰ͕ϳϵϳ

ϯ͕Ϯϭϵ

dŽƚĂůƌĞǀĞŶƵĞĨƌŽŵŽƚŚĞƌĂĐƚŝǀŝƚŝĞƐϳ͕ϵϮϯ

ϲ͕ϭϵϵ

ŽƵƌƚŽĨƌďŝƚƌĂƚŝŽŶĨŽƌ^ƉŽƌƚƌĞĨƵŶĚKƚŚĞƌƌĞǀĞŶƵĞŝŶĐůƵĚĞƐŵŽŶŝĞƐƌĞĐĞŝǀĞĚĂĐƌŽƐƐĂŚŽƐƚŽĨŵŝƐĐĞůůĂŶĞŽƵƐĂƌĞĂƐĂŶĚƐŽŵĞŽĨƚŚĞƐŝŐŶŝĨŝĐĂŶƚŽŶĞƐŝŶĐůƵĚĞĚĂƌĞƌĞŝŵďƵƌƐĞŵĞŶƚƐƚŚĂƚŽĨĨƐĞƚĂŶĞƋƵĂůĂŵŽƵŶƚŝŶĐůƵĚĞĚŝŶĞǆƉĞŶĚŝƚƵƌĞ͘ǆĂŵƉůĞƐŝŶĐůƵĚĞƚŚĞ ZƵƐƐŝĂŶ ƚŚůĞƚŝĐƐ &ĞĚĞƌĂƚŝŽŶ ƌĞŝŵďƵƌƐĞŵĞŶƚ͕ <ĞŶǇĂ ƌĞŝŵďƵƌƐĞŵĞŶƚ and ‘Other income’ whichŝŶĐůƵĚĞƐŝŶĐŽŵĞƌĞĐĞŝǀĞĚĨƌŽŵƚŚĞ>ĂďĞůZŽĂĚZĂĐĞƉƌŽŐƌĂŵĂŶĚsĂůƵĞŝŶ<ŝŶĚƌĞŝŶǀŽŝĐĞĚƚŽt^ǀĞŶƚƐ>ŽĐĂůŽƌŐĂŶŝǌĞƌƐ͘ĞƌƚŝĨŝĐĂƚŝŽŶŝŶĐŽŵĞƉĞƌƚĂŝŶƐƚŽŵŽŶŝĞƐƌĞĐĞŝǀĞĚĨƌŽŵĂĐƌŽƐƐƚŚĞŐůŽďĞǁŚĞƌĞtŽƌůĚƚŚůĞƚŝĐƐĂƐƐŝƐƚƐŝŶĚĞĨŝŶŝŶŐĂŶĚŵĞĂƐƵƌŝŶŐƐƚĂŶĚĂƌĚƐĨŽƌƚƌĂĐŬƐĂŶĚĞƋƵŝƉŵĞŶƚƵƐĞĚŝŶĂƚŚůĞƚŝĐƐĞǀĞŶƚƐ͘

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119

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

ϯ͘ KDWd/d/KEEsEd^ŝŶŬh^

ϮϬϮϯ

ϮϬϮϮ

tŽƌůĚĐŚĂŵƉŝŽŶƐŚŝƉƐϰ͕ϵϱϳ

ϴ͕ϴϮϴ

ŝĂŵŽŶĚ>ĞĂŐƵĞϮ͕ϰϯϱ

Ϯ͕ϰϳϵ

KůǇŵƉŝĐ'ĂŵĞƐϯϳtdŽƵƌƐΘWĞƌŵŝƚϮ͕ϬϲϮ

ϭ͕ϴϴϭ

KƚŚĞƌĞǆƉĞŶƐĞƐ;ŽŵƉĞƚŝƚŝŽŶΘǀĞŶƚƐͿϭ͕ϱϭϬ

ϭ͕ϲϴϴ

/ŶƚĞƌŶĂƚŝŽŶĂůKƌŐĂŶŝƐĂƚŝŽŶƐƵƉƉŽƌƚ^ƉĞĐŝĂůWƌŽũĞĐƚϭϱϬ 
ϭ͕ϴϬϭ ^ƚĂĨĨĐŽƐƚƐĂŶĚĐŽŶƐƵůƚĂŶƚƐϯ͕ϯϰϳ

Ϯ͕Ϯϳϯ

ŽŵƉĞƚŝƚŝŽŶΘǀĞŶƚƐϭϲ͕Ϯϲϱϭϳ͕ϭϱϱsĂůƵĞŝŶŬŝŶĚĐŽŵŵŝƐƐŝŽŶƐϲ͕ϵϰϳ

ϭϯ͕ϭϮϴ/ŶĨŽƌŵĂƚŝŽŶƚĞĐŚŶŽůŽŐǇϯ͕ϵϵϵ

ϯ͕ϱϬϴ

ƌŽĂĚĐĂƐƚŝŶŐϭ͕ϴϵϵ

ϭ͕ϰϵϯ

DĂƌŬĞƚŝŶŐϭ͕Ϭϵϲ

ϭ͕Ϭϵϯϱϲϰϰϵϰϯ͕ϴϭϵ

ϯ͕ϵϰϲ

ŽŵŵĞƌĐŝĂůƉĂƌƚŶĞƌƐŚŝƉƐŽŵŵƵŶŝĐĂƚŝŽŶΘƉƵďůŝĐĂƚŝŽŶƐ,ĞĂůƚŚΘƐĐŝĞŶĐĞdŽƚĂůŽŵƉĞƚŝƚŝŽŶΘǀĞŶƚƐ

ϳϴϮ

ϴϭϬ

ϯϱ͕ϯϳϭϰϭ͕ϲϮϳdŚŝƐ ŝŶĐůƵĚĞƐ ƐƉĞŶĚ ŽŶ ŽƵƌ tŽƌůĚ ƚŚůĞƚŝĐƐ ^ĞƌŝĞƐ ;t^Ϳ ĞǀĞŶƚƐ ĂŶĚ ĐŽƐƚƐ ĨŽƌ ŽƚŚĞƌ tŽƌůĚ ƚŚůĞƚŝĐƐĚĞƉĂƌƚŵĞŶƚƐƚŚĂƚǁŽƌŬŵŽƐƚĐůŽƐĞůǇǁŝƚŚŽƵƌĞǀĞŶƚĐǇĐůĞ͘ϮϬϮϯŚĂĚĂĨƵůůĐĂůĞŶĚĂƌŽĨĞǀĞŶƚƐĂŶĚǁĞŚŽƐƚĞĚƚŚƌĞĞtŽƌůĚƚŚůĞƚŝĐ^ĞƌŝĞƐ;t^ͿĞǀĞŶƚƐĚƵƌŝŶŐƚŚĞǇĞĂƌ͘dŚĞƐĞŝŶĐůƵĚĞĚŽƵƌtŽƌůĚŚĂŵƉŝŽŶƐŚŝƉƐ͕tŽƌůĚƌŽƐƐͲĐŽƵŶƚƌǇŚĂŵƉŝŽŶƐŚŝƉƐ͕ĂŶĚƚŚĞŝŶĂƵŐƵƌĂůtŽƌůĚZŽĂĚ ZƵŶŶŝŶŐ ŚĂŵƉŝŽŶƐŚŝƉƐ͘ tĞ ŚŽƐƚĞĚ ĨŽƵƌ t^ ĞǀĞŶƚƐ ĚƵƌŝŶŐ ϮϬϮϮ ŝŶĐůƵĚŝŶŐ ƚŚĞ tŽƌůĚChampionships, World Indoors, and the World U’20͘dŚĞĂĚĚŝƚŝŽŶĂůĞǀĞŶƚƐŝŶϮϬϮϮĂůƐŽůĞĚƚŽŝŶĐƌĞĂƐĞĚsĂůƵĞŝŶŬŝŶĚĐŽŵŵŝƐƐŝŽŶƐƚŚĂƚŶĞĞĚĞĚƚŽďĞƉĂŝĚƚŚĂƚǇĞĂƌ͘dŚŝƐŝƐƚŚĞƉƌŝŵĂƌǇĚƌŝǀĞƌĨŽƌƚŚĞĚĞĐƌĞĂƐĞĚƐƉĞŶĚŝŶϮϬϮϯ͘/ŶϮϬϮϯǁĞůĂƵŶĐŚĞĚĂŶĞǁƉƌŽũĞĐƚƚŽŐƌŽǁŽƵƌĨĂŶĚĂƚĂĂŶĚĞŶŚĂŶĐĞŽƵƌĚŝŐŝƚĂůĨŽŽƚƉƌŝŶƚ͘dŚĞĂƐƐŽĐŝĂƚĞĚĐŽƐƚƐĨŽƌƚŚŝƐŶĞǁƉƌŽũĞĐƚĂƌĞƐŚŽǁŶŝŶƚŚĞƐƉĞĐŝĂůƉƌŽũĞĐƚƐůŝŶĞĂďŽǀĞ͘KƵƌŽƚŚĞƌŝŶƚĞƌŶĂůĚĞƉĂƌƚŵĞŶƚƐƚŚĂƚĐůŽƐĞůǇƐƵƉƉŽƌƚŽƵƌĂŶŶƵĂůĞǀĞŶƚƐĐǇĐůĞǁĞƌĞĂůƐŽĂďůĞƚŽĞǆĞĐƵƚĞŽŶŵŽƌĞĂĐƚŝǀŝƚŝĞƐĂŶĚƉƌŽũĞĐƚƐŝŶƐƵƉƉŽƌƚŽĨƚŚĞƐĞĞǀĞŶƚƐĚƵƌŝŶŐƚŚĞǇĞĂƌ͘ŽŶƐĞƋƵĞŶƚůǇ͕ƚŚĞŽǀĞƌĂůůƐƉĞŶĚƐďǇĚĞƉĂƌƚŵĞŶƚŝŶĐůƵĚĞĚĂďŽǀĞĂƌĞƐůŝŐŚƚůǇŚŝŐŚĞƌŝŶϮϬϮϮ͘dŚĞĂďŽǀĞƚŽƚĂůŝŶĐůƵĚĞƐŽƵƌĂŶŶƵĂůƐƉĞŶĚƚŽǁĂƌĚƐƚŚĞƐƵƉƉŽƌƚǁĞŽĨĨĞƌƚŽƚŚĞŝĂŵŽŶĚ>ĞĂŐƵĞ͘ůƐŽŝŶĐůƵĚĞĚ ŝŶ ƚŚŝƐ ƚŽƚĂů ŝƐ ƚŚĞ ƐƵƉƉŽƌƚ ǁĞ ŽĨĨĞƌ ƚŽ ƚŚĞ tŽƌůĚ ƚŚůĞƚŝĐƐ ŽŶƚŝŶĞŶƚĂů dŽƵƌ͕ tŽƌůĚ ƚŚůĞƚŝĐƐ/ŶĚŽŽƌdŽƵƌ͕tŽƌůĚƚŚůĞƚŝĐƐƌŽƐƐŽƵŶƚƌǇdŽƵƌ͕tŽƌůĚƚŚůĞƚŝĐƐZĂĐĞtĂůŬŝŶŐdŽƵƌ͕ĂŶĚtŽƌůĚƚŚůĞƚŝĐƐŽŵďŝŶĞĚǀĞŶƚƐdŽƵƌ͘

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120



ϰ͘ 'ZEd^Es>KWDEdϮϬϮϯϭ͕ϲϬϭϮϬϮϮϭ͕ϱϴϴ

ĚƵĐĂƚŝŽŶ

ϱϵϱ

ϳϴϳ

KƚŚĞƌŝƚĞŵƐ

ϯϵϭ

ϯϲϭ

^ƚĂĨĨĐŽƐƚƐϭ͕ϬϳϬ

ϭ͕ϬϮϲ

ƌĞĂĚŵŝŶŝƐƚƌĂƚŝŽŶŐƌĂŶƚ;ďͿϭ͕ϰϱϬ

ϭ͕ϰϱϬ

ŽŵƉĞƚŝƚŝŽŶŐƌĂŶƚ;ĐͿϮ͕ϯϵϭ

Ϯ͕Ϯϱϳ

DĞŵďĞƌ&ĞĚĞƌĂƚŝŽŶŐƌĂŶƚ;ĚͿϭ͕ϳϭϬ

ϭ͕ϲϳϱ

ƚŚůĞƚŝĐƐ'ƌĂŶƚĨŽƌ'ƌŽǁƚŚ;ĞͿϮ͕ϯϴϴ

ϭ͕ϯϱϴϲϮϭϭϵϭϭ͕ϲϱϴϭϬ͕ϲϮϭŝŶŬh^ƌĞĂĞǀĞůŽƉŵĞŶƚŐƌĂŶƚ;ĂͿŽŶƚŝŶĞŶƚĂůƉƌŽŐƌĂŵ͕ĞǆĐĞƉƚŝŽŶŶĂůƐƵƉƉŽƌƚΘƚƌĂĐŬƐdŽƚĂů'ƌĂŶƚƐΘĞǀĞůŽƉŵĞŶƚdŚŝƐŝŶĐůƵĚĞƐtŽƌůĚƚŚůĞƚŝĐƐƐƉĞŶĚŽŶƚŚĞĞǀĞůŽƉŵĞŶƚŽĨƚŚĞƐƉŽƌƚĂŶĚƚŚĞƐƵƉƉŽƌƚƚŚĂƚǁĞŽĨĨĞƌƚŽŽƵƌDĞŵďĞƌ&ĞĚĞƌĂƚŝŽŶƐĂŶĚƌĞĂƐƐŽĐŝĂƚŝŽŶƐ͘

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG

In 2023, World Athletics increased its spending for grants and development, in a continuous effort topromote athletics around the world and contribute to the “World Plan for Athletics 2022-2030”. The
increase observed in grants and development expenses is mainly explained by Grants for Growth that grewby 76% (+$1.0m) as World Athletics pursue this Grant after its creation in 2022.

As a reminder, with the end of the 2020-2021 Athletic Olympic Dividend (AOD) cycle, no AOD were granted
in 2022 and 2023. Instead, World Athletics created the Athletics Grant for Growth (GFG) which aims at
funding projects that demonstrate a contribution to the objectives of the “World Plan for Athletics 20222030”. In 2023, $2.4m of GFG were distributed to federations around the world./ŶĂĚĚŝƚŝŽŶ͕ƚŚĞƐƉĞŶĚŽŶŽƵƌƌĞĂĞǀĞůŽƉŵĞŶƚŐƌĂŶƚ͕ĚƵĐĂƚŝŽŶ͕ĂŶĚDĞŵďĞƌ&ĞĚĞƌĂƚŝŽŶŐƌĂŶƚĂƌĞŝŶͲůŝŶĞǁŝƚŚƚŚĞƉƌĞǀŝŽƵƐǇĞĂƌŶƵŵďĞƌƐ͘ƌĞĂĞǀĞůŽƉŵĞŶƚŐƌĂŶƚƐ;ĂͿĂƌĞƉĂŝĚĂŶŶƵĂůůǇƚŽƐƵƉƉŽƌƚƌĞĂƐƐŽĐŝĂƚŝŽŶƐƚŽĚĞůŝǀĞƌĚĞǀĞůŽƉŵĞŶƚĂŶĚĞĚƵĐĂƚŝŽŶƉƌŽŐƌĂŵƐƉƌŝŵĂƌŝůǇƚŚƌŽƵŐŚƚŚĞƌĞĂĞǀĞůŽƉŵĞŶƚĞŶƚƌĞƐ;ƐͿ͘dŚĞƌĞĂƐĚĞƚĞƌŵŝŶĞƚŚĞŝƌďƵƐŝŶĞƐƐƉůĂŶƐĂŶĚĂĐƚŝǀŝƚŝĞƐƚŽďĞƐƵƉƉŽƌƚĞĚďĂƐĞĚŽŶƚŚĞŶĞĞĚƐŽĨƚŚĞŝƌŵĞŵďĞƌĨĞĚĞƌĂƚŝŽŶƐĂŶĚǁŝƚŚŝŶĂŶĂŐƌĞĞĚĚĞǀĞůŽƉŵĞŶƚĨƌĂŵĞǁŽƌŬǁŝƚŚtŽƌůĚƚŚůĞƚŝĐƐƉƌŽǀŝĚŝŶŐĂƐƵƉƉŽƌƚŝŶŐĂŶĚŽǀĞƌƐŝŐŚƚƌŽůĞ͘dŚĞƌĞĂƐĂƌĞƌĞƐƉŽŶƐŝďůĞĨŽƌƚŚĞĚĂǇͲƚŽͲĚĂǇŵĂŶĂŐĞŵĞŶƚŽĨƚŚĞƐŝŶƚŚĞŝƌƌĞƐƉĞĐƚŝǀĞƌĞŐŝŽŶĂŶĚĨŽƌƚŚĞƐĞůĞĐƚŝŽŶĂŶĚŽƌŐĂŶŝƐĂƚŝŽŶŽĨĞĚƵĐĂƚŝŽŶĂůĐŽĂĐŚŝŶŐĐŽƵƌƐĞƐĂŶĚƐĞŵŝŶĂƌƐ͘dǁŽĂĐƚŝǀŝƚŝĞƐƌĞŵĂŝŶŵĂŶĚĂƚŽƌǇĂƚƚŚĞƐ–women’s and youth.ƌĞĂĚŵŝŶŝƐƚƌĂƚŝŽŶŐƌĂŶƚƐ;ďͿĂƌĞƉĂŝĚĂŶŶƵĂůůǇƚŽĂƐƐŝƐƚƌĞĂƐƐŽĐŝĂƚŝŽŶƐƚŽŽƉĞƌĂƚĞĂŶĚŝŶĐůƵĚĞ͗•••DĂŝŶƚĂŝŶŝŶŐĂƉĞƌŵĂŶĞŶƚŽĨĨŝĐĞĂƐ,YĞĨƌĂǇŝŶŐ ĐŽƐƚƐ ŽĨ ƌĞŶƚ͕ ƵƚŝůŝƚŝĞƐ͕ ŝŶƚĞƌŶĞƚ͕ ƚĞůĞƉŚŽŶĞ͕ ǁĞďƐŝƚĞ͕ ŽĨĨŝĐĞ ƐƵƉƉůŝĞƐ͕ ƐƚĂĨĨ ƐĂůĂƌŝĞƐ͕ŝŶƐƚŝƚƵƚŝŽŶĂůŵĞĞƚŝŶŐƐĂŶĚŽƚŚĞƌĐŽƐƚƐ^ƵƉƉŽƌƚŝŶŐƚŚĞĚĞůŝǀĞƌǇŽĨŝŶƐƚŝƚƵƚŝŽŶĂůŵĞĞƚŝŶŐƐ͘ƌĞĂŽŵƉĞƚŝƚŝŽŶŐƌĂŶƚƐ;ĐͿĂƌĞƉĂŝĚĂŶŶƵĂůůǇƚŽƐƵƉƉŽƌƚƚŚĞŽƌŐĂŶŝƐĂƚŝŽŶĂŶĚĚĞůŝǀĞƌǇŽĨĐŽŵƉĞƚŝƚŝŽŶƐĂƚĂĐŽŶƚŝŶĞŶƚĂůůĞǀĞůŝŶĐůƵĚŝŶŐ͗

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

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ZĞŐŝŽŶĂůĂŶĚ/ŶƚĞƌŶĂƚŝŽŶĂůŽŵƉĞƚŝƚŝŽŶƐƌĞĂŚĂŵƉŝŽŶƐŚŝƉƐKŶĞͲĚĂǇŽŶƚŝŶĞŶƚĂůdŽƵƌŵĞĞƚŝŶŐƐ͘DĞŵďĞƌ&ĞĚĞƌĂƚŝŽŶŐƌĂŶƚƐ;ĚͿĂƌĞƉĂŝĚĂŶŶƵĂůůǇƚŽĞŶƐƵƌĞƚŚĞDĞŵďĞƌ&ĞĚĞƌĂƚŝŽŶĐĂŶĨƵŶĐƚŝŽŶĂŶĚŵĞĞƚŝƚƐďĂƐŝĐŵĞŵďĞƌƐŚŝƉŽďůŝŐĂƚŝŽŶƐ͘/ƚĐŽǀĞƌƐ͗•••ĚŵŝŶŝƐƚƌĂƚŝŽŶ;ŝŶĐůƵĚŝŶŐƐƚĂĨĨ͕ŽĨĨŝĐĞ͕ƵƚŝůŝƚŝĞƐĂŶĚĐŽŵŵƵŶŝĐĂƚŝŽŶĞƋƵŝƉŵĞŶƚͿKƌŐĂŶŝƐĂƚŝŽŶ;ŶĂƚŝŽŶĂůĐŚĂŵƉŝŽŶƐŚŝƉƐͿdƌĂǀĞůƚŽĐŽŵƉĞƚŝƚŝŽŶƐ͘'ƌĂŶƚƐ ĨŽƌ ŐƌŽǁƚŚ ;ĞͿ ŝƐ Ă ŽŶĞͲǇĞĂƌ ƉƌŽũĞĐƚͲďĂƐĞĚ ŐƌĂŶƚ ĚĞƐŝŐŶĞĚ ƚŽ ƐƵƉƉŽƌƚ DĞŵďĞƌ &ĞĚĞƌĂƚŝŽŶƐ ƚŽĚĞůŝǀĞƌƚŚĞŝĚĞŶƚŝĨŝĞĚĂĐƚŝŽŶƐĂŶĚŽďũĞĐƚŝǀĞƐǁŝƚŚŝŶƚŚĞtŽƌůĚWůĂŶĨŽƌƚŚůĞƚŝĐƐ͘DĞŵďĞƌ&ĞĚĞƌĂƚŝŽŶƐĐĂŶƵƐĞƚŚĞŐƌĂŶƚƚŽŚĞůƉĚĞůŝǀĞƌĂŶǇŽĨƚŚĞDĞŵďĞƌ&ĞĚĞƌĂƚŝŽŶĂĐƚŝŽŶƐůŝƐƚĞĚƵŶĚĞƌƚŚĞĨŽƵƌƐƚƌĂƚĞŐŝĐŐŽĂůƐĚĞƉĞŶĚĞŶƚŽŶƚŚĞŝƌŽǁŶƉƌŝŽƌŝƚŝĞƐĂŶĚŶĞĞĚƐ͘
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tŽƌůĚƚŚůĞƚŝĐƐŽƵŶĐŝůĂŶĚǆĞĐƵƚŝǀĞŽĂƌĚϭ͕ϮϬϵ

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dŽƚĂů>ĞŐĂůĂŶĚŽŵƉůŝĂŶĐĞϭϲ͕ϴϱϱϭϮ͕ϴϵϬdŚŝƐ ŝŶĐůƵĚĞƐ tŽƌůĚ ƚŚůĞƚŝĐƐ ƐƉĞŶĚ ŽŶ 'ŽǀĞƌŶĂŶĐĞ ĂĐƚŝǀŝƚŝĞƐ͕ >ĞŐĂů Θ ZĞŐƵůĂƚŽƌǇ ƐƉĞŶĚ ĂŶĚ ƐƉĞŶĚĂƐƐŽĐŝĂƚĞĚǁŝƚŚƚŚĞƚŚůĞƚŝĐƐ/ŶƚĞŐƌŝƚǇhŶŝƚ;/hͿ͘'ŽǀĞƌŶĂŶĐĞƐƉĞŶĚŝŶϮϬϮϯŝŶĐůƵĚĞƐƚŚĞĐŽƐƚƐĂƐƐŽĐŝĂƚĞĚǁŝƚŚƚŚĞŽŶŐƌĞƐƐƚŚĂƚǁĂƐŚĞůĚŝŶƵĚĂƉĞƐƚŝŶƵŐƵƐƚϮϬϮϯ͘ŝƐďĂŶĚŝŶŐŽĨƚŚĞZƵƐƐŝĂŶdĂƐŬ&ŽƌĐĞŝŶĞĂƌůǇϮϬϮϯŚĂƐůĞĚƚŽƚŚĞƌĞĚƵĐĞĚƐƉĞŶĚƐŚŽǁŶŝŶƚŚĞtŽƌůĚƚŚůĞƚŝĐƐtŽƌŬŝŶŐŐƌŽƵƉƐĞǆƉĞŶƐĞƐ͘ƐŝŶĞĂƌůŝĞƌǇĞĂƌƐ͕ǁĞŚĂǀĞĐŽŶƚŝŶƵĞĚƚŽĞŵďƌĂĐĞƚŚĞŶĞǁŶŽƌŵĂů ŽĨ ŚŽƐƚŝŶŐ ŵĞĞƚŝŶŐƐ ǀŝƌƚƵĂůůǇ ǁŚĞƌĞǀĞƌ ƉŽƐƐŝďůĞ ĂŶĚ ĐŽŶƐĞƋƵĞŶƚůǇ ďĞĞŶ ĂďůĞ ƚŽ ƌĂƚŝŽŶĂůŝǌĞ ŽƵƌŽǀĞƌĂůůƐƉĞŶĚĂƐƐŽĐŝĂƚĞĚǁŝƚŚŵĞĞƚŝŶŐƐĨŽƌŽƵƌǀĂƌŝŽƵƐďŽĚŝĞƐ͘dŚĞƐƉĞŶĚŝŶĐƵƌƌĞĚďǇŽƵƌŝŶͲŚŽƵƐĞ>ĞŐĂůĚĞƉĂƌƚŵĞŶƚŝƐŝŶĐůƵĚĞĚŝŶŽƵƌ>ĞŐĂůĞǆƉĞŶƐĞƐ͘/ŶĐƌĞĂƐĞĚůŝƚŝŐĂƚŝŽŶĐŽƐƚƐĂůŽŶŐǁŝƚŚĂĚĚŝƚŝŽŶĂůĨŽĐƵƐĂŶĚĂƐƐŽĐŝĂƚĞĚƐƉĞŶĚŽŶ^ĂĨĞŐƵĂƌĚŝŶŐĂĐƚŝǀŝƚŝĞƐŚĂƐůĞĚƚŽƚŚĞŝŶĐƌĞĂƐĞŝŶĐŽƐƚƐŽǀĞƌϮϬϮϮ͘

tKZ>d,>d/^&/EE/>ZWKZdͮƉ͘Ϯϵ122dŚĞ ƚŚůĞƚŝĐƐ /ŶƚĞŐƌŝƚǇ hŶŝƚ ;/hͿ ŝƐ ĂŶ ŝŶĚĞƉĞŶĚĞŶƚ ďŽĚǇ ĐƌĞĂƚĞĚ ďǇ tŽƌůĚ ƚŚůĞƚŝĐƐ ƚŚĂƚ ŵĂŶĂŐĞƐ ĂůůŝŶƚĞŐƌŝƚǇŝƐƐƵĞƐ–ďŽƚŚĚŽƉŝŶŐĂŶĚŶŽŶͲĚŽƉŝŶŐ–ĨŽƌƚŚĞƐƉŽƌƚŽĨĂƚŚůĞƚŝĐƐ͘dŚĞŝƌĂŶŶƵĂůďƵĚŐĞƚŝƐĂƉƉƌŽǀĞĚďǇƚŚĞtŽƌůĚƚŚůĞƚŝĐƐǆĞĐƵƚŝǀĞŽĂƌĚ͘dŚĞŽǀĞƌĂůůƐƉĞŶĚĨƌŽŵƚŚĞ/hŝŶϮϬϮϯƌĞůĂƚĞƐƚŽƚŚĞĂŶƚŝͲĚŽƉŝŶŐǁŽƌŬŽĨƚŚĞ/hĂŵŽƵŶƚŝŶŐƚŽΨϭϮ͘ϬŵŽĨƚŚĞƚŽƚĂů>ĞŐĂůΘŽŵƉůŝĂŶĐĞƐƉĞŶĚŽĨΨϭϲ͘ϴŵŝŶϮϬϮϯ͘ƵƌŝŶŐƚŚĞǇĞĂƌ͕ƚŚĞ/hĐŽŶĚƵĐƚĞĚŵŽƌĞĂŶƚŝͲĚŽƉŝŶŐƚĞƐƚŝŶŐƚŚĂŶŝƚŚĂƐĚŽŶĞŝŶƚŚĞƉĂƐƚ͕ĞƐƉĞĐŝĂůůǇĂƐĂŶĞǁĚŽƉŝŶŐƐĐĂŶĚĂůƌĞůĂƚĞĚƚŽ<ĞŶǇĂŶĂƚŚůĞƚĞƐĐĂŵĞƚŽůŝŐŚƚ͕ƌĞƋƵŝƌŝŶŐƚŚĞĐƌĞĂƚŝŽŶŽĨĂŶĞǁƚĂƐŬĨŽƌĐĞ͘/ŶĂĚĚŝƚŝŽŶ͕ƚŚĞĐŽŶƚŝŶƵŽƵƐĚĞǀĞůŽƉŵĞŶƚŽĨƚŚĞ>ĂďĞů ZŽĂĚ ZĂĐĞ ƉƌŽŐƌĂŵ ŐĞŶĞƌĂƚĞĚ ŵŽƌĞ ĚŽƉŝŶŐ ƚĞƐƚŝŶŐ ĞǆƉĞŶƐĞƐ ŝŶ ϮϬϮϯ ƚŚĂŶ ŝŶ ϮϬϮϮ ;ƐĞĞ KƚŚĞƌZĞǀĞŶƵĞĂďŽǀĞͿ͘dŚĞƚŽƚĂů/hƐƉĞŶĚĂƐƐŚŽǁŶĂďŽǀĞŝŶĐůƵĚĞƐƌĞŝŵďƵƌƐĞŵĞŶƚƐĨƌŽŵƚŚĞZƵƐƐŝĂŶƚŚůĞƚŝĐƐ&ĞĚĞƌĂƚŝŽŶĂŶĚ<ĞŶǇĂĂŶĚĂůƐŽŝŶĐůƵĚĞƐƚŚĞĐŽƐƚƐĂƐƐŽĐŝĂƚĞĚǁŝƚŚŐĞŶĞƌĂƚŝŶŐĂĚĚŝƚŝŽŶĂůŝŶĐŽŵĞƐĨƌŽŵƚŚĞ>ĂďĞůZŽĂĚZĂĐĞWƌŽŐƌĂŵŵĞĨŽƌǁŚŝĐŚƚŚĞŽĨĨƐĞƚƚŝŶŐĂŵŽƵŶƚƐŚĂǀĞďĞĞŶŝŶĐůƵĚĞĚŝŶ“Other Revenue”͘ŽŶƐĞƋƵĞŶƚůǇ͕ƚŚĞϮϬϮϯŶĞƚĞǆƉĞŶƐĞĨŽƌƚŚĞ/hŝƐŝŶůŝŶĞǁŝƚŚƉƌŝŽƌǇĞĂƌƐ͘

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORGϲ͘ D/E/^dZd/KEŝŶŬh^ĚŵŝŶŝƐƚƌĂƚŝŽŶϮϬϮϯϰ͕ϵϮϮ

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dŚŝƐŝŶĐůƵĚĞƐŽƵƌĨŝŶĂŶĐŝĂůŝŶĐŽŵĞƐĚƵƌŝŶŐƚŚĞǇĞĂƌƉƌŝŵĂƌŝůǇƌĞůĂƚĞĚƚŽƚŚĞŵƵůƚŝͲĐƵƌƌĞŶĐǇŝŵƉĂĐƚƐĨƌŽŵŽƵƌďƵƐŝŶĞƐƐŽƉĞƌĂƚŝŽŶƐ͘

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

ϴ͘ &/EE/>yWE^^ŝŶŬh^

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WŽƐƚͲĞŵƉůŽǇŵĞŶƚďĞŶĞĨŝƚŽďůŝŐĂƚŝŽŶƐ

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dŚŝƐŝŶĐůƵĚĞƐĨŝŶĂŶĐŝĂůĂŶĚďĂŶŬĐŚĂƌŐĞƐŝŶĐƵƌƌĞĚĚƵƌŝŶŐƚŚĞǇĞĂƌ͘
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124

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tKZ>d,>d/^&/EE/>ZWKZdͮƉ͘ϯϭEŽƚĞƐƚŽƚŚĞĐŽŶƐŽůŝĚĂƚĞĚďĂůĂŶĐĞƐŚĞĞƚϵ͘ /Es^dDEd^/EYh/dzϮϬϮϯŝŶŬh^^ŝŐŶŝĨŝĐĂŶƚŝŶĨůƵĞŶĐĞĂƌƌǇŝŶŐĂŵŽƵŶƚĂƐĂƚ:ĂŶƵĂƌǇϭƐƚ

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^ŚĂƌĞŽĨƉƌŽĨŝƚͬ;ůŽƐƐͿŽŶŝŶǀĞƐƚŵĞŶƚŝŶĞƋƵŝƚǇ/ŶǀĞƐƚŵĞŶƚĂƚĐŽƐƚϲϮ/ŶǀĞƐƚŵĞŶƚƐŝŶĞƋƵŝƚǇĂƐĂƚĞĐĞŵďĞƌϯϭƐƚ

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/ŶǀĞƐƚŵĞŶƚƐ ŝŶĞƋƵŝƚǇ ĂƌĞƌĞůĂƚĞĚƚŽ tŽƌůĚ ƚŚůĞƚŝĐƐ WƌŽĚƵĐƚŝŽŶƐ>ƚĚ͕ ƉĂƌƚůǇ ŽǁŶĞĚ ďǇ tŽƌůĚ ƚŚůĞƚŝĐƐ;ϱϬйͿ͘
ŝŶŬh^

ϮϬϮϯ

ϮϬϮϮ

ƵƌƌĞŶƚƐƐĞƚƐϮ͕ϭϯϵ

Ϯ͕ϮϮϬ

ƵƌƌĞŶƚ>ŝĂďŝůŝƚŝĞƐϭ͕Ϯϴϱ

ϭ͕ϰϴϴ

ZĞǀĞŶƵĞϵ͕ϭϭϬ

ϭϰ͕ϮϯϴWƌŽĨŝƚͬ;ůŽƐƐͿ

ϭϮϯ

Ϯϱϱ

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG&ƵƌƚŚĞƌŵŽƌĞ͕tŽƌůĚƚŚůĞƚŝĐƐŚŽůĚƐĂϲйŝŶǀĞƐƚŵĞŶƚŝŶEŝƚƌŽƚŚůĞƚŝĐƐƵƐƚƌĂůŝĂǁŚŝĐŚŝƐŚĞůĚĂƚŶŝůǀĂůƵĞ͘

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125

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

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WZKWZdz͕W>EdEYh/WDEddŚĞZŝŐŚƚŽĨhƐĞŽĨĂƐƐĞƚƐĚĞƚĂŝůĞĚďĞůŽǁƉƌĞĚŽŵŝŶĂŶƚůǇƌĞůĂƚĞƐƚŽůĞĂƐĞĚŽĨĨŝĐĞƐƉƌĞŵŝƐĞƐ͘WƌŽƉĞƌƚǇ͕ƉůĂŶƚĂŶĚĞƋƵŝƉŵĞŶƚďƌĞĂŬĚŽǁŶĂƐĨŽůůŽǁƐ͗KĨĨŝĐĞĨƵƌŶŝƚƵƌĞΘ ŽŵƉƵƚĞƌ>ĞĂƐĞŚŽůĚĞƋƵŝƉŵĞŶƚ ĞƋƵŝƉŵĞŶƚ ŝŵƉƌŽǀĞŵĞŶƚƐŝŶŬh^ŽƐƚĂůĂŶĐĞĂƐĂƚϯϭĞĐĞŵďĞƌϮϬϮϮĚĚŝƚŝŽŶƐĂůĂŶĐĞĂƐĂƚϯϭĞĐĞŵďĞƌϮϬϮϯĐĐƵŵƵůĂƚĞĚĚĞƉƌĞĐŝĂƚŝŽŶĂůĂŶĐĞĂƐĂƚϯϭĞĐĞŵďĞƌϮϬϮϮĞƉƌĞĐŝĂƚŝŽŶĂůĂŶĐĞĂƐĂƚϯϭĞĐĞŵďĞƌϮϬϮϯEĞƚĐĂƌƌǇŝŶŐĂŵŽƵŶƚƐĂƚϯϭĞĐĞŵďĞƌϮϬϮϮ^ĂƚϯϭĞĐĞŵďĞƌ
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KŶDĂƌĐŚϴ͕ϮϬϮϯ͕ƚŚĞĐŽŵƉĂŶǇůĞĂƐĞĚŶĞǁŽĨĨŝĐĞƐƵŶƚŝůϮϬϯϬ͘dŚĞƐĞŚĂǀĞďĞĞŶĐĂƉŝƚĂůŝǌĞĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚ/&Z^ϭϲ͘

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KƚŚĞƌƌĞĐĞŝǀĂďůĞƐΘĐƵƌƌĞŶƚĂƐƐĞƚƐϲ͕Ϭϱϴ

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WƌĞƉĂǇŵĞŶƚƐ

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dĂǆƌĞĐĞŝǀĂďůĞƐ;sdͿ

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WƌĞƉĂǇŵĞŶƚƐΘƚĂǆƌĞĐĞŝǀĂďůĞƐ

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Ϭ

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORGdƌĂĚĞ ƌĞĐĞŝǀĂďůĞƐ ĂŶĚ ŽƚŚĞƌ ƌĞĐĞŝǀĂďůĞƐ ƚŚĂƚ ĂƌĞ ŶŽƚ ǇĞƚ ĚƵĞ ĂƌĞ ŶŽƚ ĐŽŶƐŝĚĞƌĞĚ ŝŵƉĂŝƌĞĚ͘ dŚĞ ŵĂŝŶƌĞĂƐŽŶƐĨŽƌƚŚĞŝŶĐƌĞĂƐĞŽŶdƌĂĚĞƌĞĐĞŝǀĂďůĞŝƐĐŽŵŝŶŐĨƌŽŵƌĞĐĞŝǀĂďůĞƐŐĞŶĞƌĂƚĞĚďǇƚŚĞ/h͘DŽƐƚŽĨƚŚĞƐĞƌĞĐĞŝǀĂďůĞƐŚĂǀĞďĞĞŶƐƵďƐĞƋƵĞŶƚůǇĐŽůůĞĐƚĞĚ͘dŚĞ ƌĞĂƐŽŶŽĨƚŚĞ ĚĞĐƌĞĂƐĞŝŶŽƚŚĞƌƌĞĐĞŝǀĂďůĞƐ ĂƚƚŚĞ ĞŶĚŽĨ ϮϬϮϯŝƐŽŶĂĐĐŽƵŶƚ ŽĨ ĂƌĞĐĞŝǀĂďůĞĨƌŽŵĞŶƚƐƵĨŽƌƚŚĞƉƌŽĨŝƚƐŚĂƌĞƉĂǇĂďůĞĨŽƌϮϬϮϮͲϮϬϮϯƚŚĂƚǁĂƐƌĞĐĞŝǀĞĚŝŶĂĚǀĂŶĐĞŝŶϮϬϮϮ͘͘
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127

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

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h^ŽůůĂƌƐϯϭ͕ϱϬϳϰϯ͕ϴϮϰKƚŚĞƌĐƵƌƌĞŶĐŝĞƐϭ͕Ϯϲϱ

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ĞƉŽƐŝƚĂŶĚĐƵƌƌĞŶƚĂĐĐŽƵŶƚƐϯϮ͕ϳϳϮϰϲ͕ϬϰϬh^ŽůůĂƌƐϭϭKƚŚĞƌĐƵƌƌĞŶĐŝĞƐ

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ĂƐŚŽŶŚĂŶĚdŽƚĂůĐĂƐŚΘĐĂƐŚĞƋƵŝǀĂůĞŶƚƐ

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ϭϭ

ϯϮ͕ϳϴϮϰϲ͕ϬϱϭƐ ŽĨ ϯϭ ĞĐĞŵďĞƌ ϮϬϮϯ͕ ƚŚŝƐ ŝƚĞŵ ĐŽŵƉƌŝƐĞĚ ĐĂƐŚ Ăƚ ďĂŶŬ ŽĨ h^ΨϯϮ͕ϳϴϮŬ͘ dŚĞƌĞ ĂƌĞ ŶŽ ƐŚŽƌƚͲƚĞƌŵŝŶǀĞƐƚŵĞŶƚƐ͘ϭϯ͘Yh/dzdŚĞĐŚĂŶŐĞŝŶĞƋƵŝƚǇĨƌŽŵϮϬϮϮƚŽϮϬϮϯŝƐŽŶĂĐĐŽƵŶƚŽĨůŽƐƐĚƵƌŝŶŐƚŚĞǇĞĂƌŽĨh^Ψϭϲ͕ϳϳϰŬ͘ϭϰ͘

WK^dͲDW>KzDEdE&/dE^/D/>ZK>/'d/KE^ŝŶŬh^ĂůĂŶĐĞĂƐĂƚϯϭĞĐĞŵďĞƌϮϬϮϮϱϵϱKƉĞƌĂƚŝŶŐĐŽƐƚƐϰϬ&ŝŶĂŶĐŝĂůĞǆƉĞŶƐĞϮϮKƚŚĞƌĐŽŵƉƌĞŚĞŶƐŝǀĞĞǆƉĞŶƐĞͲϮϮĂůĂŶĐĞĂƐĂƚϯϭĞĐĞŵďĞƌϮϬϮϯϲϯϱdŚĞ ƉĞŶƐŝŽŶ ŽďůŝŐĂƚŝŽŶ ŝƐ ƵŶĨƵŶĚĞĚ ĂŶĚ ƚŚĞƌĞĨŽƌĞ͕ ŶŽ ƉĞŶƐŝŽŶ ĂƐƐĞƚƐ ĂƌĞ ŚĞůĚ ďǇ tŽƌůĚ ƚŚůĞƚŝĐƐ͘&ƵƌƚŚĞƌŵŽƌĞ͕ƚŚĞĐŚĂŶŐĞƐŽĨƚŚĞƐŝŐŶŝĨŝĐĂŶƚĂĐƚƵĂƌŝĂůĂƐƐƵŵƉƚŝŽŶƐǁĞƌĞĐŽŶƐŝĚĞƌĞĚĂƐŶŽƚƐŝŐŶŝĨŝĐĂŶƚŝŶƚŚĞĐŽŶƚĞǆƚŽĨƚŚĞĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘dŚĞƐŝŐŶŝĨŝĐĂŶƚĂĐƚƵĂƌŝĂůĂƐƐƵŵƉƚŝŽŶƐǁĞƌĞĂƐĨŽůůŽǁƐ͗ͲƐƐƵŵƉƚŝŽŶƐƌĞŐĂƌĚŝŶŐĨƵƚƵƌĞŵŽƌƚĂůŝƚǇĂƌĞƐĞƚďĂƐĞĚŽŶĂĐƚƵĂƌŝĂůĂĚǀŝĐĞŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƉƵďůŝƐŚĞĚƐƚĂƚŝƐƚŝĐƐĂŶĚĞǆƉĞƌŝĞŶĐĞŝŶƚŚĞƌĞŐŝŽŶ;/E^ϮϬϭϱͲϮϬϭϳŵŽƌƚĂůŝƚǇƚĂďůĞͿ͘dŚĞƐĞĂƐƐƵŵƉƚŝŽŶƐƚƌĂŶƐůĂƚĞŝŶƚŽĂŶ ĂǀĞƌĂŐĞ ůŝĨĞ ĞǆƉĞĐƚĂŶĐǇ ŝŶ ǇĞĂƌƐ ĨŽƌ Ă ƉĞŶƐŝŽŶĞƌ ƌĞƚŝƌŝŶŐ ƚŚĞ ĂŐĞƐ ŽĨ ϲϮ ĨŽƌ ĞŵƉůŽǇĞĞƐ͕ ĂŶĚ ϲϯ ĨŽƌŵĂŶĂŐĞŵĞŶƚ͘ͲWƌŽďĂďŝůŝƚǇŽĨĚĞƉĂƌƚƵƌĞďĞĨŽƌĞƌĞƚŝƌĞŵĞŶƚĂŐĞĨŽƌĐƵƌƌĞŶƚĞŵƉůŽǇĞĞƐ͘

tKZ>d,>d/^&/EE/>ZWKZdͮƉ͘ϯϱ128

Ͳ &ŝŶĂŶĐŝĂů ĚŝƐĐŽƵŶƚ ƌĂƚĞ ŽĨ ϯ͘ϱϯй ĂŶĚ ƐĂůĂƌǇ ŝŶĐƌĞĂƐĞ ƌĂƚĞ ŽĨ ϲй ĨŽƌ ƚŚĞ ƉĞŶƐŝŽŶ ŽďůŝŐĂƚŝŽŶ ĂƐ ŽĨ ϯϭĞĐĞŵďĞƌϮϬϮϯϭϱ͘

&/EE/>>//>/d/^hZZEdEEKEhZZEdŝŶŬh^

ϮϬϮϯ

ϮϬϮϮ

ƵƌƌĞŶƚĨŝŶĂŶĐŝĂůůŝĂďŝůŝƚŝĞƐ

ϯϮϮ

ϮϯϮ

EŽŶͲĐƵƌƌĞŶƚĨŝŶĂŶĐŝĂůůŝĂďŝůŝƚŝĞƐϮ͕ϱϮϭ

Ϯ͕Ϯϵϰ

dŽƚĂůůĞĂƐĞůŝĂďŝůŝƚŝĞƐϮ͕ϴϰϯ

Ϯ͕ϱϮϱ

dŚĞĨŝŶĂŶĐŝĂůůŝĂďŝůŝƚŝĞƐďĂůĂŶĐĞĂƐƐŚŽǁŶĂďŽǀĞŝƐĐŽŵƉƌŝƐĞĚŽĨůĞĂƐĞůŝĂďŝůŝƚŝĞƐƵŶĚĞƌ/&Z^ϭϲ͕ŝŶĐůƵĚŝŶŐƚŚĞŶĞǁůĞĂƐĞůŝĂďŝůŝƚǇŽĨh^ΨϲϬϱŬ͘KĨƚŚĞƚŽƚĂůƉĂǇĂďůĞŽĨh^ΨϮ͕ϴϰϯŬ͕ƚŚĞĂŵŽƵŶƚĚƵĞŝŶƚŚĞŶĞǆƚϭϮŵŽŶƚŚƐŝƐh^ΨϯϮϮŬ͕ĂŵŽƵŶƚĚƵĞďĞƚǁĞĞŶϭĂŶĚϱǇĞĂƌƐŝƐh^Ψϭ͕ϱϰϬŬĂŶĚƚŚĞĂŵŽƵŶƚĚƵĞŝŶŵŽƌĞƚŚĂŶϱǇĞĂƌƐŝƐh^ΨϵϴϭŬ͘ϭϲ͘

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG

dZWz>^ŝŶh^

ϮϬϮϯ

ϮϬϮϮ

dƌĂĚĞƉĂǇĂďůĞƐϳ͕ϭϳϮ

ϯ͕ϵϯϵ

dƌĂĚĞƉĂǇĂďůĞƐϳ͕ϭϳϮ

ϯ͕ϵϯϵ

dƌĂĚĞ WĂǇĂďůĞƐ ŝŶĐůƵĚĞ ĚƵĞƐ ĨŽƌ ƌĞŐƵůĂƌ ŽƉĞƌĂƚŝŶŐ ĞǆƉĞŶƐĞƐ ŝŶĐƵƌƌĞĚ ďǇ ƚŚĞ ƐƐŽĐŝĂƚŝŽŶ͘ dŚŝƐ ĂŵŽƵŶƚƉƌŝŵĂƌŝůǇƉĞƌƚĂŝŶƐƚŽĞǆƉĞŶƐĞƐĨŽƌϮϬϮϯƚŚĂƚǁĞƌĞƉĂŝĚĂĨƚĞƌƚŚĞĐƵƚͲŽĨĨĚĂƚĞŽĨϯϭĞĐĞŵďĞƌϮϬϮϯ͘dŚŝƐůŝŶĞĂůƐŽŝŶĐůƵĚĞƐƉĞƌĨŽƌŵĂŶĐĞďŽŶĚĂŵŽƵŶƚƐƌĞĐĞŝǀĞĚĨƌŽŵŽƵƌĨƵƚƵƌĞt^ĞǀĞŶƚŚŽƐƚƐ͘ϭϳ͘

Kd,ZWz>^ΘZhyWE^^
ϮϬϮϯ

ϮϬϮϮ

ϴϬ

ϭϬϴ

KƚŚĞƌƉĂǇĂďůĞƐϲ͕ϳϮϭ

ϳ͕ϮϬϯ

ĐĐƌƵĞĚĞǆƉĞŶƐĞƐϭ͕ϮϮϲ

ϭ͕ϭϳϵ

KƚŚĞƌƉĂǇĂďůĞƐΘĂĐĐƌƵĞĚĞǆƉĞŶƐĞƐϴ͕ϬϮϲ

ϴ͕ϰϴϵ

ŝŶŬh^WĂǇĂďůĞƚŽĚŝƌĞĐƚŽƌƐKƚŚĞƌƉĂǇĂďůĞƐĂƐŽĨϯϭĞĐĞŵďĞƌϮϬϮϯĂƌĞƉƌŝŵĂƌŝůǇŵĂĚĞƵƉŽĨĞǆƉĞŶĚŝƚƵƌĞĂƌŽƵŶĚ'ƌĂŶƚƐĚƵĞƚŽƌĞĂƐƐŽĐŝĂƚŝŽŶƐĂŶĚDĞŵďĞƌ&ĞĚĞƌĂƚŝŽŶƐƚŚĂƚŚĂǀĞŶŽƚďĞĞŶƉĂŝĚǇĞƚ͕ƉƌŝǌĞŵŽŶĞǇƉĂǇŵĞŶƚƐĚƵĞĨŽƌϮϬϮϯĞǀĞŶƚƐ͕ĂŶĚŝĚŐƵĂƌĂŶƚĞĞƐƌĞĐĞŝǀĞĚĨƌŽŵŚŽƐƚƐŽĨŽƵƌĨƵƚƵƌĞtŽƌůĚƚŚůĞƚŝĐ^ĞƌŝĞƐĞǀĞŶƚƐ͘ůůŽĨƚŚĞƐĞĞǆƉĞŶƐĞƐǁŝůůďĞƐĞƚƚůĞĚĚƵƌŝŶŐϮϬϮϰ͘ĐĐƌƵĞĚĞǆƉĞŶƐĞƐĂƐŽĨϯϭĞĐĞŵďĞƌϮϬϮϯŝŶĐůƵĚĞĂŵŽƵŶƚƐĚƵĞĨŽƌƵŶƉĂŝĚǀĂĐĂƚŝŽŶĨŽƌƐƚĂĨĨĂŶĚƌĞůĂƚĞĚƐŽĐŝĂůĐŽŶƚƌŝďƵƚŝŽŶƐ͘EŽŵĂũŽƌǀĂƌŝĂŶĐĞĐŽŵƉĂƌĞĚƚŽϮϬϮϮ͘

tKZ>d,>d/^&/EE/>ZWKZdͮƉ͘ϯϲ

129

WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023




ϭϴ͘

&ZZ/EKDŝŶŬh^

ϮϬϮϯ

ϮϬϮϮ

ƵƌƌĞŶƚĚĞĨĞƌƌĞĚŝŶĐŽŵĞϭϱϬϮ͕ϯϳϬ

EŽŶͲĐƵƌƌĞŶƚĚĞĨĞƌƌĞĚŝŶĐŽŵĞ

ϮϱϬ

ϮϱϬ

ĞĨĞƌƌĞĚŝŶĐŽŵĞϰϬϬϮ͕ϲϮϬ

ƵƌƌĞŶƚĚĞĨĞƌƌĞĚŝŶĐŽŵĞǀĂƌŝĂƚŝŽŶŝƐŵĂŝŶůǇƌĞůĂƚĞĚƚŽh^Ψϭ͕ϳϬϱŬĨƌŽŵƚĞůĞǀŝƐŝŽŶƌŝŐŚƚƐĂŶĚƐƉŽŶƐŽƌƐŚŝƉƐĐŽŶƚƌĂĐƚƐ ĂŶĚh^ΨϲϳϬŬ ƌĞůĂƚĞĚ ƚŽ ƉĞƌĨŽƌŵĂŶĐĞ ďŽŶĚƐ ĨŽƌ ĨƵƚƵƌĞ tŽƌůĚ ƚŚůĞƚŝĐƐ ĞǀĞŶƚƐ ǁŚŝĐŚ ǁĞƌĞƌĞĐĞŝǀĞĚŝŶĞĂƌůŝĞƌǇĞĂƌƐĂŶĚĂĚũƵƐƚĞĚĂŐĂŝŶƐƚƚŚĞĞǀĞŶƚŝŶϮϬϮϯ͘EŽŶͲĐƵƌƌĞŶƚĚĞĨĞƌƌĞĚŝŶĐŽŵĞĐŽŶƐŝƐƚƐŽĨh^ΨϮϱϬŬƌĞĐĞŝǀĞĚĂƐĂĚǀĂŶĐĞƉĂǇŵĞŶƚƐĂŐĂŝŶƐƚĞǀĞŶƚƐƚŚĂƚǁŝůůďĞŚĞůĚŝŶĨƵƚƵƌĞǇĞĂƌƐ͘

tKZ>d,>d/^&/EE/>ZWKZdͮƉ͘ϯϳ

130



Kd,Z/^>K^hZ^ϭϵ͘&/EE/>Z/^<DE'DEddŚĞĚŝĨĨĞƌĞŶƚƚǇƉĞƐŽĨĨŝŶĂŶĐŝĂůƌŝƐŬƐĂŶĚƚŚĞŝƌŝŵƉĂĐƚƐĂƌĞĚĞƚĂŝůĞĚŝŶŶŽƚĞ>ŽĨƚŚŝƐĚŽĐƵŵĞŶƚ͘ϮϬ͘KDD/dDEd^'/sEEKEd/E'Ed>//>/d/^EK&&Ͳ>E^,dsEd^ŽŶƐĞƋƵĞŶƚ ƚŽ Ă ůŽĂŶ ĂŐƌĞĞŵĞŶƚ ƐŝŐŶĞĚ ǁŝƚŚ ŝĂŵŽŶĚ >ĞĂŐƵĞ AG (“DLAG”) ŝŶ KĐƚŽďĞƌ ϮϬϮϭ͕ tŽƌůĚƚŚůĞƚŝĐƐĂŐƌĞĞĚƚŽƉƌŽǀŝĚĞ>'ǁŝƚŚĂůŽĂŶŽĨh^ΨϮŵƉĂǇĂďůĞŝŶƚǁŽŝŶƐƚĂůŵĞŶƚƐĂƐŽĨϯϭDĂƌĐŚϮϬϮϯĂŶĚϯϭDĂƌĐŚϮϬϮϰ͘dŚĞůŽĂŶǁŝůůďĞĨƵůůǇƌĞŝŵďƵƌƐĞĚƚŽtŽƌůĚƚŚůĞƚŝĐƐďǇƚŚĞĞŶĚŽĨ:ƵŶĞϮϬϮϱ͘dŚĞĨŝƌƐƚŝŶƐƚĂůŵĞŶƚ ŽĨ ƚŚŝƐ ůŽĂŶ ǁĂƐ ƉĂŝĚ ĚƵƌŝŶŐ DĂƌĐŚ ϮϬϮϯ͘ KƚŚĞƌ ƚŚĂŶ ƚŚŝƐ͕ ƚŚĞƌĞ ĂƌĞ ŶŽ ĐŽŵŵŝƚŵĞŶƚƐ͕ĐŽŶƚŝŶŐĞŶƚůŝĂďŝůŝƚŝĞƐĂŶĚŽĨĨͲďĂůĂŶĐĞƐŚĞĞƚĞǀĞŶƚƐƚŚĂƚŵĂŶĂŐĞŵĞŶƚŝƐĂǁĂƌĞŽĨĂŶĚŶĞĞĚƚŽďĞĚŝƐĐůŽƐĞĚƐĞƉĂƌĂƚĞůǇ͘Ϯϭ͘

Appendix A – 2023 Audited Financial Statements

WWW.WORLDATHLETICS.ORG

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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

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AP P E NDIX B – WO R L D AT H L ET I CS 2 0 23
RE MU NE RAT I O N PO L I CY
World Athletics Position

Remuneration and Expenses

Executive Board

USD 22,500 per annum(base fee for all members including

Per diem of USD 150 per day

President and Vice-Presidents)

Travel, meals and accommodation covered

Chair of EB Committee (supplementary fee) Honoraria of USD 5,000 per annum
President

USD 250,000 per annum updated with inflation impacts consistent with WA HQ staff(plus EB base fee above)

Council

Administration allowance of USD 6,000 per annum (except for Area Presidents(all members, including Executive Board

where the allowance is USD 3,000 due to the additional allowance provided to Area

members)

Presidents) plus honorarium of USD 7,500 (for all members including Area Presidents)
Honoraria USD 2,500 per annum for members chairing Commissions and working
groups/taskforces of more than one-year duration
Honoraria USD 2,500 for members filling major technical appointment roles
Per diem of USD 150 per day for in-person official WA businessTravel, meals and accommodation provided by World Athletics when travelling on

Appendix B – World Athletics 2023 Remuneration Policy

WWW.WORLDATHLETICS.ORG

official WA business (travel based on business class airfare plus per diem of USD 150
for each day (12 hours) of travel)
Council (Area Presidents)

Allowance of USD 3,000 per annum and:• USD 12,000 per annum (if lives in the same city as Area headquarters)• USD 18,000 per annum (if does not live in the same city as Area headquarters)
Per diem of USD 150 per day
Travel, meals and accommodation covered

Commissions

Honoraria of USD 5,000 per annum for Chairs if they are not Council Members and(members other than Council Members)

USD 2,500 per annum if they are Council Members
Per diem of USD 150 per day for in-person meetings
Travel, meals and accommodation covered

Working Groups and Panels

Per diem of USD 150 per day for in-person meetings(members other than Council Members)

Travel, meals and accommodation covered

Athletics Integrity Unit (AIU) Board

USD 15,000 per annum

members (independent members andPer diem of USD 150 per day for in-person meetings

supplementary fee for Council Member)

Travel, meals and accommodation coveredAIU Board Chair

USD 35,000 per annum plus per diem for in-person meetings

Vetting Panel members

USD 17,500 per annum
Per diem of USD 150 per day for in-person meetings
Travel, meals and accommodation covered

Vetting Panel Chair

USD 35,000 per annum
Per diem of USD 150 per day for in-person meetings
Travel, meals and accommodation covered

Disciplinary & Appeals Tribunal members

Fixed rate for each case, plus associated expenses

Disciplinary & Appeals Tribunal Chair

USD 33,000 annual retainer

This policy was approved by the Executive Board in March 2023 and effective from the conclusion of the 2023 Election
Congress. The Remuneration Policy for the previous quadrennial can be found in the 2022 Annual Council Report.
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WORLD ATHLETICS ANNUAL COUNCIL REPORT 2023

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Appendix B – World Athletics 2023 Remuneration Policy

WWW.WORLDATHLETICS.ORG

135

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