Slide 1: 2018 Annual General Meeting
2018 ANNUAL GENERAL MEETING Executing to plan 14 November 2018
Slide 2: Chairman's address
2018 ANNUAL GENERAL MEETING Chairman’s address Simon Jones 14 November 2018
Slide 3: Executive summary
Executive summary FY18 solid results, fastest rate of earnings growth since FY09 Management results in USD1 Revenue EBITDA EPS $2,247.7m 6.3% $609.7m 12.7% 62.10 cents 14.1% FY18 Management EPS grew strongly (+14.1%) driven by good progress in Mortgage Services, increased event activity in Stakehold
Slide 4: Delivering earnings growth and high returns
Delivering earnings growth and high returns 70 20% 18% 60 16% 50 14% US cents 12% 40 ROIC % Post-tax 10% 30 8% 20 6% 4% 10 2% 49.09 54.85 60.24 59.82 55.09 54.41 63.38 0 0% FY12 FY13 FY14 FY15 FY16 FY17 FY18 Management EPS Post-tax ROIC Management EPS translated to USD at actual FX rates for that ye
Slide 5: Consistent dividend track record
Consistent dividend track record Full-year dividend increased by 11.1% versus pcp 45 40 35 30 25 AU cents 20 15 10 5 28 28 29 31 33 36 40 0 FY12 FY13 FY14 FY15 FY16 FY17 FY18 Dividend Per Share 5
Slide 6: Generating sustained returns for shareholders
Generating sustained returns for shareholders 6
Slide 7: Corporate Responsibility
Corporate Responsibility Community Globally, Computershare is dedicated to supporting initiatives which help alleviate poverty through our community giving scheme, Change A Life. This important and long-running programme has a focus on sustainability by investing 80% of donations in global projects
Slide 8: Corporate Responsibility
Corporate Responsibility Supporting local charities around the CPU world 8
Slide 9: Corporate Responsibility
Corporate Responsibility Sustainability 9
Slide 10: Board succession – orderly transition
Board succession – orderly transition › Farewell and thanks to Penny Maclagan › Welcome Lisa Gay, Abi Cleland and and Les Owen Paul Reynolds Penny Maclagan Les Owen Lisa Gay Abi Cleland Paul Reynolds 10
Slide 11: CEO's address
2018 ANNUAL GENERAL MEETING CEO’s address Stuart Irving 14 November 2018
Slide 12: Executing strategies to drive performance and enhanced earnings
Executing strategies to drive performance and enhanced earnings 12
Slide 13: Growth: Mortgage Services
Growth: Mortgage Services Delivering to plan FY18 - USA USA Revenue Other Service 320 Fees 28% 300 Base 306.1 USD millions Servicing 280 Fees $306.1m 56% 260 257.2 Servicing 240 Related Fees 16% 220 FY17 FY18 UK Revenue and EBITDA – FY18 to FY23 UK Revenue 260 255 Book expected to turn to positive U
Slide 14: Growth: Employee Share Plans
Growth: Employee Share Plans Equatex acquisition - laying the foundations for future growth Complementary High quality customer Enhancing capabilities Synergies affirmed geographic fit base 14
Slide 15: Profitability: Structural cost out programs progressing well
Profitability: Structural cost out programs progressing well Stages 1, 2 and 3 total gross savings of $125m - $155m affirmed 15
Slide 16: Profitability: Margin income
Profitability: Margin income 2H18 margin income highlights leverage to rising interest rates 18.0 17.3 140.0 16.0 16.6 16.8 16.6 16.3 14.0 15.1 15.2 15.0 14.4 120.0 14.0 Sharp 12.0 improvement Average Client Balances for period USD million for period USD billion from cyclical 100.0 105.8 lows Margin
Slide 17: Global Registry returns to organic growth
Global Registry returns to organic growth High quality revenues 400 350 300 250 USD millions 200 150 100 50 329.7 368.2 330.6 379.8 0 1H17 2H17 1H18* 2H18* Register Maintenance *Translated at FY17 avg fx rates. 17
Slide 18: Capital management
Capital management Free cash flow funds growth, debt reduction and enhanced returns Cash generative business model – Self-fund growth investments – Capital light, high returns – Free Cash Flow $379.2m MSR purchases $89.4m ROIC 18.2% Post tax Equatex acquisition – Full-year dividend 40 AU cents per D
Slide 19: Trading update and guidance
Trading update and guidance Guidance › At this early stage of the year, we confidently affirm our FY19 Management EPS guidance, to increase by around +10% on FY18 in constant currency Commentary › Encouraging start to FY19 trading with growth in US Mortgage Services and Employee Share Plans, profita
Slide 20: Summary
Summary Delivering multi-year earnings growth Laying the foundations for Purposefully designed Growth, Optionality converting into sustained growth, extending our Profitability and Capital profitability; margin income, competitive moats and executing Management strategies corporate actions and other
Slide 21: Important notice
Important notice Summary information • This announcement contains summary information about Computershare and its activities current as at the date of this announcement. • This announcement is for information purposes only and is not a prospectus or product disclosure statement, financial product or