光辉国际：2024年度报告

DEARSTOCKHOLDERS, I hadn’t seen them in years, maybe even a couple of decades. But when I recently opened the glovebox ofan old car I’ve kept for sentimental reasons, there was that dusty pouch. And inside—all those roadmaps. Spreading each one across the hood of the car, I studied thehighlighted routes, destinations circled in pencil, notes in themargins. All the stories came back to me—the road trips wetook, the places we stopped, even meetings I attended. One side of the map gave the bird’s eye view from city tocity—along highways with numbers as familiar now as theywere then—405, 5, 101. On the other side the focus narrowedto the granularity of neighborhoods and city streets. Frankly, it boggled my mind to think about how we usedto travel from neighborhood to neighborhood, state tostate, and even across the country with nothing morethan paper to guide us. And it wasn’t that long ago. We’ve gone from pencils on paper to pressing a 7-inchscreen with the world of where we’re going mapped out forus. Coincidentally, all that transition has happened within awindow that mirrors my own leadership journey at Korn Ferry. And that got me thinking about the transformation of thisfirm. While our company is still in the people business andeven more focused on changing people’s lives, todaywe are driving performance for our clients witha far more sophisticated, multi-facetedapproach to meet their talent needs. When I examine the opportunityahead, it’s clear our strategyis working. The breadth ofour Solutions provides moredurable and synergistic feerevenues, anchored by large-scale client engagements.We believe the fundamentalcomposition and scale of ourbusiness offers a growthfoundation for tomorrow. More than three quarters of our Marquee andDiamond clients are benefitting from at leastthree of our Solution areas. It’s gratifying to seethese organizations utilizing multiple offeringsthat exemplify the full power of Korn Ferry. As we close out another fiscal year, it’sgratifying to reflect on all that has beenaccomplished—a testament to the evolutionof our firm and all made possible through ourincredible colleagues. Our talent, industryexpertise, global reach, and specializedSolutions are coming together to helpsolve our clients’ toughest performancechallenges—including the ambiguity thatabounds in today’s environment. As we look to the fiscal year ahead, we willcontinue to innovate, including through a strongfocus on AI tools and offerings to accelerateorganizational performance for our clients.Our enterprise-wide talent data analytics andinsights are helping clients understand whetherthey have the right talent in the right rolesand aligned with their strategic priorities. Korn Ferry is circled on the map as thedestination for our clients—a global consultingfirm that truly powers performance. Weare unlocking the potential in people andunleashing transformation across business—synchronizing strategy, operations, andtalent to accelerate performance, fuelgrowth, and inspire a legacy of change. During the fiscal year, we also released severalnew products in our Talent Suite®—a proprietarytechnology platform that transforms ourdecades of science and data into real-timeinsights. With each release, our organizationaland talent products have enabled us tobecome even more deeply embedded withour clients as we bundle our IP and services. That’s why the world’s most forward-thinkingcompanies across every major industry turnto us—for a shared commitment to lastingimpact and the bold ambition toBe More Than. And our Intellectual Property ("IP") is immense: I’d like to thank our colleagues for all theydo, and our clients for their trust and belief inour firm. I am also grateful to our leadershipteam and board of directors for theirunwavering commitment to Korn Ferry. •Over 108 million assessments conductedacross industries, functions, and geographies •11,000+ validated success profiles coveringapproximately 30,000 job titles And to our stockholders, I want toexpress our deep appreciation for yoursupport and confidence in Korn Ferry. •Compensation and rewards data frommore than 28 million professionalsacross 31,000 organizations We are all part of something special,embodying our We Are Korn Ferry spirit. •Engagement benchmarks based on inputfrom approximately 38 million employees Regards, •Culture surveys drawing responses from 6.8million individuals across 550 organizations •Pay policy and practice datacovering nearly 160 countries •Proprietary IP and behavioral science,including exclusive leadershipmodels and talent frameworks PERFORMANCEHIGHLIGHTSFISCAL YEAR 2025 Even amid the ever-changing global economic and political dynamics, we continue todeliver on our financial and strategic objectives, just as we have over the past several years.Our results reinforce the premise of Korn Ferry’s diversification strategy and our continuedmomentum. Through ongoing investments to extend our offerings and expand our