Kelly Services reports $132M Russia revenue (2.7% of total); sanctions disrupt ops

KELLY SERVICES INC

Russia revenue ~$132 million (2.7% of total) in 2021; assets ~1% as of Jan 2, 2022.
Approximately 8,400 employees in Russia; no employees or subsidiaries in Ukraine.
EU, US, and other sanctions have disrupted operations; may reduce revenue or impair ability to operate.
No subsidiaries in Ukraine or Belarus; primary asset in Russia is customer accounts receivable.
Emergency Management Team activated to monitor the situation and support local leadership.

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