AUTOMATIC DATA PROCESSING INC

Automatic Data Processing, Inc. (NASDAQ: ADP) operates as a global leader in human capital management solutions, serving over 1.1 million clients across more than 140 countries and territories. The company's website is www.adp.com.

Founded in 1949, ADP has evolved from a payroll processing pioneer into a comprehensive HCM platform provider. The company processes payroll for approximately 26 million workers in the United States—roughly one in six workers—and moves over $3.5 trillion in client funds annually. Globally, ADP pays over 16 million workers outside the United States through its international solutions.

ADP operates through two primary reportable segments: Employer Services and Professional Employer Organization. The Employer Services segment provides technology-based HCM solutions to clients ranging from single-employee small businesses to large enterprises, offering integrated platforms including RUN Powered by ADP for small businesses, ADP Workforce Now for mid-sized and large organizations, and ADP Lyric HCM for global enterprises. This segment encompasses payroll services, benefits administration, talent management, workforce management solutions, compliance solutions, human resources management, retirement services, and insurance services. The PEO segment, branded as ADP TotalSource, operates as a full-service professional employer organization serving over 19,000 clients and more than 770,000 worksite employees across all 50 U.S. states through a co-employment model.

The company employs approximately 67,000 associates globally and maintains a strategic focus on three core priorities: leading with best-in-class HCM technology powered by artificial intelligence, providing unmatched expertise and outsourcing solutions, and leveraging global scale advantages. ADP's competitive differentiation stems from its industry-leading workforce dataset spanning over 1.1 million clients and 42 million workers, deep domain expertise accumulated over seven decades, and integrated technology platforms that combine automation with human judgment.

ADP invests substantially in research and development, allocating approximately $1.4 billion annually toward developing new products, maintaining existing technologies, and advancing generative and agentic AI capabilities. The company's solutions address the complete employment lifecycle from recruitment through retirement, with particular emphasis on compliance, precision, and confidence in workforce management across diverse industries and geographies.