Annual Report 2025

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Lamine Yamal in a red Spain adidas jersey posing in a stadium. (Photo)

Responsibility Statement

To the best of our knowledge, and in accordance with the applicable reporting principles, the consolidated financial statements give a true and fair view of the assets, liabilities, financial position, and profit or loss of the Group, and the Group Management Report, which has been combined with the Management Report of adidas AG, includes a fair review of the development and performance of the business and the position of the Group, together with a description of the material opportunities and risks associated with the expected development of the Group.

Herzogenaurach, February 19, 2026

BJØRN GULDEN
CHIEF EXECUTIVE OFFICER

Boardmember Harm Ohlmeyer (Photo)

HARM OHLMEYER
CHIEF FINANCIAL OFFICER

MICHELLE ROBERTSON
GLOBAL HUMAN RESOURCES,
PEOPLE AND CULTURE

Boardmember Mathieu Sidokpohou (Photo)

MATHIEU SIDOKPOHOU
CHIEF COMMERCIAL OFFICER