North West Company Inc. · TSX:NWC
North West — The North West Company — Shareholder Meeting (June 2020)
24 slides from North West's shareholder meeting presentation, Jun 9, 2020
Slide 1: 2020 Annual General Meeting of Shareholders
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Slide 2: President & Chief Executive Officer Remarks
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Slide 6: Giant Tiger Reciprocal Supply Agreements
a Giant Tiger Reciprocal Supply Agreements 1.6.5 PURE RETAIL Overview ° NWC will continue to distribute food to sold GT stores °® Preserves and enhances NWC food scale ° Giant Tiger to supply NWC stores with general merchandise ° Enables access to superior range and costing EZ, WE ARE N ORTH WEST
Slide 7: Canadian Administration Streamlining
a Canadian Administration Streamlining 1.6. PURE RETAIL Overview ° 120 positions affected ° $17 million in annual reductions ° Driven by: ° Technology investments ° Giant Tiger Agreements ® Opportunity to grow share through lower cost and price structure EZ, WE ARE N ORTH WEST
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Slide 9: COVID-19 Key Factors
COVID-19 V6. PURE RETAIL Key Factors ° Safety & Recognition ° NWC’s Essential Retail Role ° Customer Spending Changes ° Supply & Logistics ° Liquidity EZ, WE ARE N ORTH WEST
Slide 10: COVID-19: Safety & Recognition
a COVID-19: Safety & Recognition 1.6. PURE RETAIL Protective measures in place ° Close community consultation ° Front line pay increases ° Community donation ramp-up WE ARE N ORTH WEST
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Slide 13: COVID-19: Supply & Logistics
COVID-19: Supply & Logistics 1.6. PURE RETAIL Staying in-stock ° Enterprising solutions ° Dedicated air cargo capability ° Contingency plans in place WE ARE N ORTH WEST
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Slide 16: EBITDA - 2020 First Quarter Highlights
* EBITDA - 2020 First Quarter Highlights AWN Ps PURE RETAIL ($ in millions) Ml Canada International $58.2 | -” Unadjusted for one-time charges $46.5 Q1 2018 Q1 2019 Q1 2020
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Slide 18: Net Earnings Performance - 2020 First Quarter Highlights
a Net Earnings Performance - 2020 First Quarter Highlights NX Py PURE RETAIL ($ in millions) ° Unadjusted for one-time charges Q1 2018 Q1 2019 Q1 2020
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Slide 20: Consistent Dividend Record - 2020 First Quarter Highlights
a Consistent Dividend Record - 2020 First Quarter Highlights aX Ps PURE RETAIL (Quarterly $ per share) ° 4.5% yield ° Future increases based on cash flow growth Q1 2018 Q1 2019 Q1 2020
Slide 21: 2020 Outlook
2020 Outlook 1.6. PURE RETAIL Key Factors ° Food price reduction impact ° COVID-19 depth and duration impact on: ° NWC served communities ° Competitive environment ° Complimentary business opportunities EZ, WE ARE N ORTH WEST
Slide 22: $ & !#!"! & !!!!$! & " !% & !$!""!$ !!
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Slide 23: Our People
Our People 1.6. PURE RETAIL fi Rikaan, ° Dedicated ° Inspiring ° Professional ° Enterprising ® Customer-driven t ist Ber oue WE ARE N ORTH WEST
Slide 24: Thank You for Attending
» | Z PURE KEIAIL THANK YOU FOR ATTENDING = WE ARE N ORTH WEST
The North West Company — Shareholder Meeting (June 2020) on 6ix