Aims to Unlock Long-Term Value Through Strategic Focus on Client and Team Member Experiences and Industry-Leading Technology and Data Transformation

Strengthens Client-Centric Business Structure with Formation of new Manufacturing & Distribution Industry Group

New York, December 15, 2021 (GLOBE NEWSWIRE) – ABM (NYSE: ABM), a leading provider of integrated facility services, today hosted a virtual Investor Day where President and CEO Scott Salmirs and other members of ABM’s senior leadership team presented the Company’s strategic growth plan and financial targets. ABM’s industry-leading COVID-19 response and recent acquisition of Able Services together serve as a launchpad for the next phase of ABM’s evolution. The Company is well-positioned to leverage market trends, optimize the business and innovate – all while driving profitable growth.

In the presentation shared with investors today, ABM’s senior leaders discussed the Company’s comprehensive strategic plan, called ELEVATE, to unlock significant long-term value for all stakeholders and strengthen ABM’s industry leadership position. Through end market repositioning and building on its core services, this long-term strategic plan is designed to guide ABM’s investments in the coming years through three strategic pillars:

• ELEVATE the client experience Innovating to provide ABM’s clients with new offerings that increase transparency, drive efficiencies, and deliver an overall better experience tailored to clients’ evolving and unique needs.

• ELEVATE the team member experienceFurther developing ABM’s talent management system capabilities to create greater career-growth opportunities for ABM team members; investing in on-demand training and development tools that will improve the connectivity and productivity of ABM’s workforce.

• ELEVATE ABM’s use of technology & dataExpanding ABM’s use of data and modernizing its digital ecosystem to power ABM’s clients and team members with cutting-edge analytics, processes, and centralized workforce management tools that will improve service delivery and the overall value ABM delivers.

 
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