Helical Plc · LSE:HLCL
Helical — Shareholder Meeting (July 2017)
33 slides from Helical's shareholder meeting presentation, Jul 13, 2017
Slide 1: Annual General Meeting 2017
13TH JULY 2017 a 13% July 2017 Annual General Meeting 2017 1
Slide 2: Profit Before Tax and Key Results
PROFIT BEFORE TAX (2016: £114.0m) VALUATION GAIN +4.5% EPRA NAV PER SHARE +3.7% 13th July 2017 NET RENTAL INCOME +8.5% DIVIDEND DECLARED PER SHARE + 5.3% from 2016 SEE-THROUGH LOAN TO VALUE Annual General Meeting 2017
Slide 3: Portfolio Allocation
PORTFOLIO ALLOCATION 7 6 TOTAL VALUE MARCH 2016: F1.24bn 1 London Office 2 London Residential 3 Regional Logistics 4 Regional Offices 5 Regional Retail 6 Retirement Villages 7 Other 49.3% 4.8% 17.0% 8.4% 11.5% 8.3% 0.7% £611.2m £60.0m £210.5m £103.5m £142.6m £103.5m £8.7m TOTAL VALUE TODAY: £119bn 1
Slide 4: Increasing Rental Income
INCREASING RENTAL INCOME £80 a 6 = ERV =£67.7m = £70 The Bower Phase 2 £60 £50 The Bower The Bower Phase 2 Phase 1 _ London Offices / £40 i 7 Manchester Offices £30 Logistics £20 £10 £0 Passing Rent as at July Contracted Rent Contracted Rent Contracted Rent Reversionary Rent Unlet Space 2017 Q2 FY20
Slide 5: Future Upside
FUTURE UPSIDE 25 Charterhouse Square One Creechurch Place The Loom One Bartholomew Close Barts Square - Residential London, EC1 London, EC3 London, E1 London, EC1 London, EC1 * Completed * Completed * Ongoing * Q3 2018 * Ph1-Q4 2017 * £3-6m * £15-17.5m * £5m-10m * £4-6m * Ph3-Q3 2019 * £5m+ The Bowe
Slide 6: Focus, Flexibility, Upside, Opportunity
as * Focus « Flexibility « Upside * Opportunity
Slide 7: Background Comment
BACKGROUND COMMENT « “What all this tells us is that companies lack the will or, perhaps, the confidence to invest in their own growth and development, and orefer instead the seemingly risk-free approach of returning funds to shareholders or retaining ever-larger cash balances”. Martin Sorrell, WPP
Slide 8: High quality buildings
¢ High quality buildings with attractive public realm * Occupier amenities ° Flexibility 13% July 2017 Annual General Meeting 2017 8
Slide 9: Locations
LOCATIONS CHARTERHOUSE SQUARE ECI “city oF 5 Havens: « COVENT GARDEN LONDON A) eee te 5. Dane et ndon \ a ‘§ a Ketitington a ; - BY ty ONE ee CREECHUR' & KENSINGTON Se | CREECHURCH PLACE EC3 THE LOOM El 13% July 2017 Helical Annual General Meeting 2017 9
Slide 10: Annual General Meeting 2017
13% July 2017 Annual General Meeting 2017 10
Slide 11: Before
Before
Slide 12: Annual General Meeting 2017
—~/ Mk Oe Annual General Meeting 2017
Slide 13: The Bower, Old Street EC1
THE BOWER, OLD STREET EC1 Farfetch J John Brown Media Helical Annual General Meeting 2017
Slide 14: C-Space, City Road EC1
C-SPACE, CITY ROAD EC1 13% July 2017 Helical Annual General Meeting 2017 14
Slide 15: Annual General Meeting 2017
13% July 2017 Annual General Meeting 2017 15
Slide 16: Annual General Meeting 2017
13% July 2017 Annual General Meeting 2017 16
Slide 17: Annual General Meeting 2017
13% July 2017 Annual General Meeting 2017 7
Slide 18: Charterhouse Square, West Smithfield EC1
25 CHARTERHOUSE SQUARE, WEST SMITHFIELD EC1 { = A: PR WALAS: 13th July 2017
Slide 19: Charterhouse Square, West Smithfield EC1
25 CHARTERHOUSE SQUARE, WEST SMITHFIELD EC1 13% July 2017 Helical Annual General Meeting 2017 19
Slide 20: Charterhouse Square, West Smithfield EC1
25 CHARTERHOUSE SQUARE, WEST SMITHFIELD ECI aa 2h
Slide 21: Barts Square, West Smithfield EC1
BARTS SQUARE, WEST SMITHFIELD EC1 13% July 2017 Helical Annual General Meeting 2017 21
Slide 22: Barts Square, West Smithfield EC1
BARTS SQUARE, WEST SMITHFIELD EC1 13% July 2017 Helical Annual General Meeting 2017 22
Slide 23: Churchgate & Lee House, Manchester
CHURCHGATE & LEE HOUSE, MANCHESTER Before Helical Annual General Meeting 2017
Slide 24: Occupier Amenities
ie MY Vi I Taw OCCUPIER AMENITIES
Slide 25: Café and communal seating area at The Shepherds Building
Café and communal Seating area at The Shepherds Building 13% July 2017 Annual General Meeting 2017 25
Slide 26: Cafes, Restaurants and Bars
CAFES, RESTAURANTS AND BARS ib “| Fr = : a 13% July 2017 Helical Annual General Meeting 2017
Slide 27: The Bower
The Bower se Square i 13 July 2017 Annual General Meeting 2017 27
Slide 28: Portfolio tenants and floor areas
Fr eq f DW Rees | =) Eee) 24,000 sq ft The Shepherds Building W14 34 tenants Churchgate & Lee House 14 tenants 150,000 sq ft 249,000 sq ft The Powerhouse W4 1tenant Dale House, 35 Dale Street 6 tenants 54,000 sq ft Power Road Studios W4 23 tenants 60,000 sq ft 31 Booth Street To be let 25,000 sq ft
Slide 29: Construction expenditure
Construction expenditure £203.2m Planning payments - S106, CIL Con current schemes) £34.1m HMRC £11.7m TOTAL: ae Construction hours on site 13% July 2017 Annual General Meeting 2017 £249.0m 29
Slide 30: Thank You
Oe ot f hay THANK YOU
Slide 31: The Team
Slide 32: The Creative Quarter, Cardiff - Before
THE CREATIVE QUARTER, CARDIFF - BEFORE 13th July 2017
Slide 33: Annual General Meeting 2017
Annual General Meeting 2017 33 13th July 2017