National Australia Bank Limited · ASX:NAB
National Australia Bank — Credit Suisse Asian Investment Conference 2006
12 slides from National Australia Bank's conference presentation, Mar 30, 2006
Slide 1: National Australia Bank - Credit Suisse Asian Investment Conference 2006
%& National Australia Bank Michael Ullmer Director Finance and Risk Credit Suisse Asian Investment Conference 2006 March, 2006
Slide 2: Agenda
Agenda Traditional strengths of the National Near term value drivers Organisational change increases focus and accountability Longer term view 3 $i National Australia Bank
Slide 3: The National has a number of recognised competitive advantages
The National has a number of recognised competitive advantages Customer segmentation Relationship banking Product innovation Strong credit skills Diversification of earnings Share Price Performance (Jan '90 to Dec '99) 1/01/90 1/01/92 1/01/94 1/0196 1/01/98 10 year CAGR * NAB 21% All Ords Index 6% *
Slide 4: Drivers of growth in the near term
Drivers of growth in the near term Strength of the franchise Differentiated growth strategy for the UK Institutional Markets and Services still rebasing Program to address cost pressures r $i National Australia Bank
Slide 5: Near term... strength of the franchise
Drivers of growth in the near term... strength of the franchise Banking Income Growth = Strong relationship (over the last 3 halves) management skills % +25% 15 a = Product innovation 40 = Focus on SME and HNW 5 customer segments 0 © = Well developed industry (10) specialisations a (18) 29% = Empowe
Slide 6: Near term... UK based differentiation and efficiency
Drivers of growth in the near term... UK based n differentiation and efficiency * Do what we do, but do it better = Extract synergies from our back office = Simplify and re-invigorate the product set = Increase staff capability = Realign the distribution footprint = Play a different game = Expand in
Slide 7: Near term... IMS still rebasing
Drivers of growth in the near term.... IMS still rebasing = Narrowing focus on core customers in core markets = Improving capital efficiency using an “originate / warehouse / distribute” model = Addressing the strategic challenges = Establish and grow new business = Build lower volatility income str
Slide 8: Near term... program to address cost pressures
Drivers of growth in the near term... program to address cost pressures The FY05 cost base reflects a catch up of previous expense “holidays” Tactical initiatives implemented Restructuring plans developed and being implemented Comprehensive three year investment slate 3 National Australia Bank
Slide 9: Corporate Centre
Corporate Centre = Emphasis on clear accountability for decisions and outcomes Corporate Centre to focus on: = Value creation = Target/ expectation setting and sign off of proposed strategies = Performance monitoring = Validation and oversight required to provide assurance required for financial and
Slide 10: Concluding thoughts
Concluding th Embrace the strengths of the past Operational performance Disciplined approach to capital management, ROE and earnings growth Portfolio management 40 3 National Australia Bank
Slide 11: GY YEE MMT wweistieton crcyserslo tone
GY YEE MMT wweistieton crcyserslo tone 1 3 National Australia Bank
Slide 12: Searchable text section of graphics shown above
Searchable text section of graphics shown above [LO GO] Michael Ullmer Director Finance and Risk Credit Suisse Asian Investment Conference 2006 March, 2006 Ag enda • Traditional strengths of the National • Near term value drivers • Organisational change increases focus and accountability • Longer te
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