Issy-les-Moulineaux, July 2, 2024 (7am)Sodexo (OTC:SDXAY) Sodexo Q3 Fiscal 2024: continued robust growth, in line with expectations Organic Revenue growth of +6.8%, or +7.2% excluding accounting change Fiscal 2024 guidance confirmed: Organic growth at the top of the +6% to +8% range Underlying operating profit margin improvement of +30 to +40 bps, at constant currencies Q3 FISCAL 2024 REVENUES REVENUES(in million euros) Q3 FY24 Q3 FY23   ORGANICGROWTH EXTERNALGROWTH CURRENCYEFFECT TOTALGROWTH North America               2,904                2,658    +9.0 % -0.4 % +0.6 % +9.2 % Europe               2,096                2,042    +5.4 % -2.7 % — % +2.7 % Rest of the World               1,074                1,055    +3.6 % +0.6 % -2.3 % +1.9 % SODEXO              6,074               5,755    +6.8 % -1.0 % -0.2 % +5.6 % The accounting change in Rest of the World (ROW) weighed on the Group's growth by -0.4% and on ROW growth by -2.3%. Commenting on the third quarter activity, Sophie Bellon, Sodexo Chairwoman and CEO, said: "We have continued to deliver solid organic growth of +6.8% in the third quarter, up +8.6% in Food services and +3.5% in FM services. This performance is in line with our expectations, allowing us to confirm our full year guidance. Our commercial momentum in Food services remains strong, driven by continued first-time outsourcing opportunities, the ramp-up of new operating models and the quality of our branded offers. Our strategic initiatives are delivering results as we advance with our focus on tasty, healthy, and sustainable food offerings, strong digital features to enhance consumer experience, and increased selectivity in FM. As we complete our final preparations to open the largest restaurant in the world, the teams are excited to showcase our sustainable culinary expertise and contribute to making the Paris 2024 Olympic and Paralympic Games a memorable event! We are decisively progressing towards our ambition to be the world leader in sustainable food and valued experiences." Highlights of the period Third quarter Fiscal 2024 consolidated revenues reached 6.1 billion euros, up +5.6% year-on-year including a negative currency impact of -0.2%, a net contribution from acquisitions and disposals of -1.0% and Organic revenue growth of +6.8%. Organic growth was impacted by an accounting change for project works in a large contract in Rest of the World. Excluding this, third quarter organic growth stood at +7.2%. The sequential slowdown in growth compared to the second quarter was explained by, on the one hand, lower pricing effect and a higher comparative base in the third quarter, and, on the other hand, a positive leap year impact in the second quarter. About half of the organic growth was fueled by pricing which has fallen below 4% in the quarter. The remaining half reflects the net new business contribution and some volume growth. By geography: North America achieved Organic growth of +9.0%. The ongoing return to the workplace and a strong performance of Sodexo Live!, particularly in the airline lounges, continue to drive growth, as well as the contribution of new business and pricing. Europe was up +5.4% organically, holding up well despite the sequential slowdown in the pricing impact, with increased volumes and the contribution of net new business. Rest of the World was up +3.6% organically, or +5.9% excluding the accounting change, slowing from the second quarter notably due to a deceleration in price increases, and a mixed performance between regions, with strong growth in India and Australia and a slowdown in China and Chile. Food services organic growth, at +8.6%, continued to outpace FM services, at +3.5%, or +4.7% excluding the accounting change. At its meeting of June 27, 2024, the Board of Directors decided to create a Board-level Sustainability Committee starting October 2024. This committee will play a pivotal role in the governance of Sodexo's sustainability initiatives and their alignment with the long-term business goals. Key responsibilities of the committee will include: Sustainability oversight to monitor and evaluate goals, initiatives, and performance; Ethical governance to ensure adherence to highest ethical standards; Stakeholder engagement; Promotion of innovation and best CSR practices; Reporting and transparency quality. The Sustainability Committee will include 7 Sodexo's Board members, with expertise in sustainability, ethics, and corporate governance. It will be chaired by Véronique Laury, who has a long-standing commitment to driving sustainable and responsible business practices. By creating this committee, Sodexo reinforces its commitment to sustainable and ethical business practices and a better tomorrow for its employees, its communities, and the planet. Outlook Third quarter 2024 activity was in line with expectations. Consequently, Fiscal 2024 guidance is confirmed: Organic revenue growth is expected at the top of the +6 to +8% range; Underlying operating profit margin is anticipated to grow by +30 to 40 bps at constant rates. Conference call Sodexo will hold a conference call (in English) today at 9:00 a.m. (Paris time), 8:00 a.m. (London time) to comment on its Q3 Fiscal 2024 revenues. Those who wish to connect: From the UK: +44 121 281 8004, or From France: +33 1 70 91 87 04, or From the US: +1 718 705 8796, Followed by the access code 07 26 13. The live audio webcast will be available on www.sodexo.com The press release, presentation and webcast will be available on the Group website www.sodexo.com in both the "Newsroom" section and the "Investors – Financial Results" section. Financial calendar Fiscal 2024 Full year Results October 24, 2024 Fiscal 2024 Annual Shareholders Meeting December 17, 2024 Fiscal 2025 First quarter Revenues January 07, 2025 These dates are indicative and may be subject to change without notice.Regular updates are available in the calendar on our website www.sodexo.com About Sodexo Founded in Marseille in 1966 by Pierre Bellon, Sodexo is the global leader in sustainable food and valued experiences at every moment in life: learn, work, heal and play. The Group stands out for its independence, its founding family shareholding and its responsible business model. Thanks to its two activities of Food and Facilities Management Services, Sodexo meets all the challenges of everyday life with a dual goal: to improve the quality of life of our employees and those we serve, and contribute to the economic, social and environmental progress in the communities where we operate. For Sodexo, growth and social commitment go hand in hand. Our purpose is to create a better everyday for everyone to build a better life for all. Sodexo is included in the CAC Next 20, Bloomberg France 40, CAC 40 ESG, CAC SBT 1.5, FTSE 4 Good and DJSI indices. Key figures 22.6 billion euros Fiscal 2023 consolidated revenues 430,000 employees as at August 31, 2023 #1 France-based private employer worldwide 45 countries 80 million consumers served daily 12.6 billion euros in market capitalization (as at July 1, 2024)             Contacts         Analysts and Investors   Media     Virginia Jeanson +33 1 57 75 80 56   Mathieu Scaravetti +33 6 28 62 21 91             Q3 Fiscal 2024 Activity Report Continued robust growth in revenues, in line with expectations REVENUES BY ZONE   REVENUES(in million euros) Q3 FY24 Q3 FY23   ORGANICGROWTH EXTERNALGROWTH CURRENCYEFFECT TOTALGROWTH North America 2,904 2,658           +9.0 %         -0.4 %         +0.6 %         +9.2 % Europe 2,096 2,042           +5.4 %         -2.7 %         — %         +2.7 % Rest of the World 1,074 1,055           +3.6 %         +0.6 %         -2.3 %         +1.9 %  SODEXO 6,074 5,755           +6.8 %         -1.0 %         -0.2 %         +5.6 % In the third quarter Fiscal 2024, Sodexo revenues reached 6.1 billion euros, up +5.6% year-on-year including a negative currency impact of -0.2% and a net contribution from acquisitions and disposals of -1.0%. Consequently, organic growth for the third quarter Fiscal 2024 was +6.8%, or +7.2% when adjusted for the negative impact of an accounting change for project works in a large contract in Rest of the World. The sequential slowdown in growth compared to the second quarter was explained by, on the one hand, lower pricing effect and a higher comparative base in the third quarter, and, on the other hand, a positive leap year impact in the second quarter. About half of the organic growth was fueled by pricing which has fallen below 4% in the quarter. The remaining half reflects the net new business contribution and some volume growth. Organic growth in the quarter was driven by Food services, up +8.6%, whereas FM services were up +3.5%, or +4.7% when adjusted for the accounting change in Rest of the World. North America REVENUES BY SEGMENT(in million euros) Q3 FY24 Q3 FY23 RESTATED ORGANIC GROWTH(2) Business & Administrations(1)         780         959         +12.1 % Sodexo Live!         388         —         +30.7 % Healthcare & Seniors         869         855         +5.6 % Education         867         844         +2.4 % NORTH AMERICA TOTAL         2,904         2,658         +9.0 % (1) From H1 FY24, Business & Administrations excludes Sodexo Live!, reported separately.(2) As part of the streamlining of the organization during Fiscal 2023, some contracts or operations have been reallocated between segments. In the third quarter Fiscal 2024, North America revenues totaled 2.9 billion euros, up +9.0% organically. The ongoing return to the workplace and a strong performance of Sodexo Live!, particularly in the airline lounges, continue to drive growth, as well as the contribution of new business and pricing. Within Business & Administrations, restated organic growth reached +12.1%, propelled by new business, strong growth in Food services from continued return to office and cross-sales, as well as project works and strong retail sales growth. Sodexo Live! restated organic growth was +30.7%, driven by robust activity in all venues, and in particular strong per capita spend in sports stadiums and elevated attendance at conference centers and cultural destinations. Airline lounges also saw strong growth driven by higher passenger count, additional services and mobilization of new business. Healthcare & Seniors restated organic growth was +5.6%, supported by strong performance in Healthcare through a combination of price increases, volume growth in particular in retail, and positive net new contribution. This growth was somewhat offset by Seniors contract losses at the end of the prior fiscal year. In Education, restated organic revenue growth was +2.4%, affected by a calendar impact in Universities and the reduction in number of sites of a large schools contract. Europe REVENUES BY SEGMENT(in million euros) Q3 FY24 Q3 FY23 RESTATED ORGANIC GROWTH(2) Business & Administrations(1)         1,179         1,324         +5.9 % Sodexo Live!