StanCorp Financial — Merger or Acquisition (July 2015)
12 slides from StanCorp Financial's merger presentation, Jul 24, 2015
Slide 1: Agreement to be Acquired by Meiji Yasuda
Exhibit 99.5 StanCorp July 23, 2015 Agreement to be Acquired by Meiji Yasuda
Slide 2: Forward-Looking Information
Forward Forward-Looking Information Reform StanCorp’s affect Non-GAAP 2Financial actual Act Looking measures most of Financial in results. 1995. this recent Statements presentation that Because Measures annual exclude such report includes after-tax statements on Form certain net capital are 10-K, st
Slide 3: Transaction Highlights
Transaction ?Premium 3Approvals 2.24x 19.3x ? Subject StanCorp’s Note: ? and 50.0% Value ?Highlights toAcquisition ?Pricing approval Timing Merger premium ?LTM June $5.0 and superior agreement by 30, billion June of VWAP majority over 2015 StanCorp 30, proposal StanCorp’s book 2015 data allows vote
Slide 4: Compelling Strategic Rationale for StanCorp
Compelling 1? 2? 3? 4¹4? Includes All-cash Meiji 30, Expanded StanCorp Yasuda ¥36,469 premium Strategic transaction 2015. will global ismaintain abillion presence global transaction Rationale forfor its StanCorp insurance with Meiji operations, provides combined Yasuda shareholders leader headquarte
Slide 5: All-cash premium for StanCorp shareholders
1530-Day All-cash value Premium $115.00 $76.74 $115.00 for premium $75.53 VWAP $115.00 Note: $115.00 StanCorp’stransaction Over Pricing Latest Purchase $76.69 provides shareholders Closing andPrice $78.81 VWAPPrice 90-Day July data substantial on23, VWAP per July 2015 andPurchase Bloomberg. 23,Purch
Slide 6: Meiji Yasuda Overview
26S&P: Meiji A.M. Yasuda forTotal Overview FY2011 Chairman: President: 40,793 Employees: Sales End Financial ?StanCorp ?of Founded isin personnel: Best: A Specializes FY2011 ¥539 Assets: Note: FY2012 Strength of Akio Nobuya A+ -¥105 ¥210 Meiji goinga¥36,469 All global Value End Negishi 1881 30,101 F
Slide 7: Expanded global presence with combined footprint
37reflects Expanded that Founder Seoul TU Frankfurt Thai Life Southern Head ?Meiji theglobal Subsidiaries ¹ Includes Europa is Insurance Life Office Yasuda Yasuda’s Meiji presence Representative well-positioned California Insurance Representative operational S.A ¥36,469 America Realty Yasuda PT Glob
Slide 8: Logical next step for StanCorp and Meiji Yasuda
48Logical StanCorp ? StanCorp — ? Meiji team, StanCorp StanCorpwill next Yasuda willmaintain product step has will continue also afor mix, become long its both has operations, distribution history executing its acompanies, Meiji strong commitments headquarters, ofYasuda’s track channels providing on
Slide 9: Next Steps
9?Next 25-day Regulatory Close Steps expected go-shop approvals during period,1Q-2016 during which StanCorp may solicit interest from other parties ? StanCorp shareholder approval
Slide 10: Key Takeaways
Key Compelling 1? 2? 3? ¹4? 10 Includes All-cash Meiji Expanded StanCorp 30, Takeaways 2015. Yasuda ¥36,469 premium transaction will global ismaintain abillion presence global transaction forfor its StanCorp insurance with Meiji operations, provides combined Yasuda shareholders leader headquarters,
Slide 11: Additional Information and Where to Find It
Additional In DECISION, WITH INCORPORATED MERGER. proxy Capital The proposed set SEC 11 connection forth directors, on statement THE Markets, February inmerger. Information the StanCorp’s SEC STANCORP’S with executive proxy and 1100 IN Information 26, the BY other CONNECTION statement 2015 Southwest
Slide 12: except by StanCorp
except by StanCorp mortgage Standard New baning Financial Investment York, Insurance correspondents. where Group Advisers, Company insurance SM The Inc., and Product products Standard amay registered features provide are is the offered investment other and marketing availability by brokerage The adv
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