North West Company Inc. · TSX:NWC
North West — The North West Company — Shareholder Meeting (2022)
49 slides from North West's shareholder meeting presentation, 2022
Slide 1: The North West Company
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Slide 2: Caution Concerning Forward Looking Statements and Non-GAAP Financial Measures
Caution Concerning Forward Looking Statements and Non-GAAP Financial Measures Certain information presented today may constitute forward-looking statements. Such statements reflect North West’s current expectations, estimates, projections and assumptions. These forward-looking statements are not gua
Slide 3: The North West Company
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Slide 4: Brock Bulbuck
Nortu West Brock Bulbuck
Slide 5: Deepak Chopra
Deepak Chopra
Slide 6: Frank Coleman
Frank Coleman
Slide 7: Stewart Glendinning
Stewart Glendinning
Slide 8: Annalisa King
“sas NortH West COMPANY Annalisa King
Slide 9: Violet Konkle
NortH West Violet Konkle
Slide 10: Steven Kroft
Steven Kroft
Slide 11: Jennefer Nepinak
Jennefer Nepinak
Slide 12: Victor Tootoo
Victor Tootoo
Slide 13: Dan McConnell
Dan McConnell
Slide 14: The North West Company
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Slide 15: 1. Receive Audited Financial Statements
1. Receive Audited Financial Statements
Slide 16: 2. Election of Directors
NorTH West 2. Election of Directors
Slide 17: 3. Appointment of Auditors
NorTH West 3. Appointment of Auditors
Slide 18: 4. Advisory Resolution on Executive Compensation
4. Advisory Resolution on Executive Compensation
Slide 19: The North West Company
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Slide 20: The North West Company 2022 Annual Meeting
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Slide 21: Building Purpose
BUILDING““DUJ RPOSE NortH West LIVES BETTER
Slide 22: H. Sanford Riley
H. Sanford Riley
Slide 23: Our People, Customers, Communities, Shareholders
4 Our Our Our PEOPLE CUSTOMERS COMMUNITIES SHAREHOLDERS NoRrTH West COMPANY
Slide 24: New Stores New Concepts
NEW STORES NEW CONCEPTS An enterprising spirit SPEARHEADING srowth
Slide 25: Iqaluit, NU
Iqaluit, NU Open: July 2021
Slide 26: New stores
NEW STORES NEW yOK a= Hee To ENE mi Na im PN ~ ae ae Ne » RRS ae: Na 3 LaRue ea \j ere
Slide 27: Rankin Inlet, NU Clyde River, NU
Rankin Inlet, NU Open: March 2021 Clyde River, NU Open: April 2022
Slide 28: British Virgin Islands
British Virgin Islands Relaunch: November 2021
Slide 29: Skagway, AK Galena, AK Gambell, AK
Skagway, AK Galena, AK Gambell, AK Open: July 2021 Open: August 2021 Open: January 2022
Slide 30: Gambell, AK
Gambell, AK Open: January 2022
Slide 31: Telepharmacy contracts increased from 51 to 64
Telepharmacy Telepharmacy contracts increased from 51 to 64
Slide 32: Supply Chain capabilities used to grow B2B and service our communities
Supply Chain capabilities used to GROW B2B and service our communities
Slide 33: Alaska Commercial Company delivered 3.3 million pounds of fresh food
Alaska Commercial Company delivered 3.3 million pounds of fresh food to 115 communities
Slide 34: e-Commerce Provisioning
• Customer Count: +42.5% • Basket Size: +8.5% e-Commerce Provisioning Relaunch: November 2021
Slide 35: In-store execution, Assortment, Store renovations
• In-store execution • Assortment • Store renovations and customer experience
Slide 36: Leverage our supply chain capabilities
• Leverage our supply chain capabilities • Being in-stock • Pricing optimization
Slide 37: Winter Road Facility – Winnipeg, MB; Sealift – NEAS
Winter Road Facility – Winnipeg, MB Sealift – NEAS – Bécancour, QC Open: December 2021 Open: April 2021
Slide 38: ATR-LCD (Large Cargo Door); Double Decker Trailers
ATR-LCD (Large Cargo Door) Double Decker Trailers Start: December 2021 Start: 2021
Slide 39: To serve our communities better
To serve our communities better 112,000 lbs of bottled water transported to Iqaluit in response to the water emergency declared in October 2021
Slide 40: Fiscal Year 2021 Net Earnings
Fiscal Year 2021 Net Earnings ($ in millions) • Increase of $13.9 million (9.7%) $157.5 $143.6 $86.3 2019 2020 2021 Note: Net Earnings attributable to shareholders
Slide 41: 2022 First Quarter Highlights - Sales
2022 First Quarter Highlights - Sales ($ in millions) Canada International $593 $551 $552 • Total Sales: +0.2% $245 $231 $237 • Same Store Sales: -0.7% (+21.3% since 2019) • Food: +2.5% $348 • General $320 $315 Merchandise: -16.1% Q1 2020 Q1 2021 Q1 2022
Slide 42: 2022 First Quarter Highlights – Net Earnings
2022 First Quarter Highlights – Net Earnings ($ in millions) • Unadjusted for non-comparable items $40.3 $28.2 $12.3 Q1 2020 Q1 2021 Q1 2022
Slide 43: 2022 First Quarter Highlights – Net Earnings Adjustments
2022 First Quarter Highlights – Net Earnings Adjustments ($ in millions)
Slide 44: 2022 First Quarter Highlights – Return on Capital
2022 First Quarter Highlights – Return on Capital (Quarterly Dividends $ per share) • Quarterly Dividend: +2.8% $0.36 $0.37 $0.33 Q1 2020 Q1 2021 Q1 2022
Slide 45: 2022 First Quarter Highlights – Financial Capacity
2022 First Quarter Highlights – Financial Capacity (April 30, $ in millions) Debt-to-Equity Available Capacity Debt Low leverage with: $387 $409 $206 • Debt-to-equity below 1.0 since 2000 0.94 • Extended debt maturities on revolving facilities 0.54 0.47 • $409 million available $406 capacity on exis
Slide 46: Building Relationships
BUILDING RELATIONSHIPS Moving with purpose BUILDING for Engaged 6,527 e FUTU RE Associates ina Diversity, Equity - Bociasion SUEY Indigenous Cultural Awareness Reinforced corporate values with Indigenous Cultural Awareness Program to new and existing associates and managers, at all levels of the org
Slide 47: Sustainability
SUSTAINABILITY aires COMPANY The report is built on four pillars: Stronger Communities Better Quality of Life for our Customers Empowered Employees Respect for the Environment
Slide 48: Building Purpose Lives Better
BUILDING““DUJ RPOSE NortH West LIVES BETTER
Slide 49: The North West Company
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