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KORN FERRY

FY'20 Q4 Earnings Call Presentation

July 2, 2020

SAFE HARBOR STATEMENT

FORWARD-LOOKING STATEMENTS

Statements in this presentation that relate to future results and events are based on Korn Ferry's current expectations. You are cautioned not to place undue reliance on such statements. Actual results in future periods may differ materially from those currently expected because of a number of risks and uncertainties that are beyond the control of Korn Ferry. For a detailed description of such risks and uncertainties, please refer to Korn Ferry's earnings release and its periodic filings with the Securities and Exchange Commission.

NON-GAAP FINANCIAL MEASURES

This presentation includes financial information calculated other than in accordance with U.S. Generally Accepted Accounting Principles ("GAAP"). This non-GAAP disclosure has limitations as an analytical tool, should not be viewed as a substitute for financial information determined in accordance with GAAP, and should not be considered in isolation or as a substitute for analysis of the Company's results as reported under GAAP, nor is it necessarily comparable to non-GAAP performance measures that may be presented by other companies. Please refer to slides 14 to 18 for a reconciliation of each of the non-GAAP financial measures included in this presentation to the closest GAAP measure.

? 2020 Korn Ferry . All rights reserved

2

FY'20 Q4 FEE REVENUE DOWN 10% YoY (7.9% AT CC)

Fee Revenue

$440M (10.2%) (7.9%) at CC

Adj. EBITDA Margin % (1) (NON-GAAP)

Adj. Diluted EPS ($) (2) (NON-GAAP)

15.8% (90) bps

$0.60 (31.8%)

See detailed explanation of footnotes on page 12

? 2020 Korn Ferry . All rights reserved

3

HIGHLY DIVERSIFIED BUSINESS ACROSS SEGMENT, GEOGRAPHY AND INDUSTRY

FEE REVENUE BY SEGMENT

FEE REVENUE BY GEOGRAPHY

RPO & Prof. Search 19%

Digital 16%

Executiv e Search 38%

Consulting 27%

APAC 16%

LATM 4%

EMEA 30%

NAM 50%

FEE REVENUE BY INDUSTRY

Tech. 14%

Edu, / NonProfit 6%

Consumer 14%

Life Sci. / HC 19%

Fin. Sv cs 18%

Industrial 29%

_________ For the 4th Quarter of FY'20

? 2020 Korn Ferry . All rights reserved

4

BALANCED MIX OF REVENUE AND EARNINGS ($M)

(7)

FY'19 QTR. 4

10 0% 90 %

$491 $63

80 %

$93

70 %

60 %

$144

50 %

40 %

30 %

20 %

$191

10 %

0%

Fee Revenue

Executive Search

Consulting

$105(3) $21 $16 $18

$50

Adj. EBITDA(1)

RPO & Prof. Search

Digital

_________ See detailed explanation of footnotes on page 12

FY'20 QTR. 4

10 0% 90 %

$440 $69

$88 (3)

$17

80 %

$82

$13

70 %

60 %

$11

50 %

$121

40 %

30 %

$47

20 %

$168

10 %

0%

Fee Revenue

Adj. EBITDA(1)

Executive Search Consulting RPO & Prof. Search Digital

? 2020 Korn Ferry . All rights reserved

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