Jones Lang Lasalle Incorporated · NYSE:JLL
Jones Lang Lasalle — Proxy Contest (April 2005)
12 slides from Jones Lang Lasalle's proxy contest presentation, Apr 27, 2005
Slide 1: Stock Award and Incentive Plan
Stock Award and Incentive Plan 200
Slide 2: Forward Looking Statements
@ fe Forward Looking Statements
Slide 3: Our Request
Our Request = Jones Lang LaSalle is requesting shareholder approval ofa new share authorization of 3 milion additional shares for its Stock Award and Incentive Plan (SAIP) * We believe our use of equily-based incentives has contributed to our fnancial success for shareholders and will continue to be
Slide 4: JLL Employee Equity Compensation Philosophy
JLL Employee Equity Compensation Philosophy = The JLL compensation system rewards: = Profit performance = New Business and Client development = Client Satisfaction = Our compensation system design includes salary, bonus, and stock- based programs. * Differs from real estate industry practice, which
Slide 5: JLL Employee Equity Compensation Philosophy
JLL Employee Equity Compensation Philosophy = Stock Ownership Program (SOP) = Over 700 key employees annual cash bonuses are reduced by 10% to 20% fo purchase restricted stock units (RSUs) = Primary objectives — retention of key talent and alignment with firm goals = 50% of RSUs vest after 18 months
Slide 6: SAIP Shareholder Benefits
SAIP Shareholder Benefits = The SAIP has benefited our Shareholders: = RSUs and SOP focus employees and directors on long-term Jones Lang LaSalle stock and financial performance SOP puts significant ‘skin in the game” for hundreds of key employees Balanced focus on annual vs. long-term performance r
Slide 7: Share Usage
Share Usage = Recent Share Usage = In 2004, JLL granted 3.0% of common stock outstanding in RSUs, including SOP, to key employees and outside directors (‘burn rate” trending down} + 1.8% represented SOP shares purchased with @ portion of annual bonuses of key ‘employees, including the associated 25%
Slide 8: Corporate Governance
Corporate Governance = Strong corporate governance = Proposal to shareholders to declassify Board of Directors in May 2005 * Independent Chairman of the Board * Independent Compensation Committee members * Thomas C. Theobald, Chairman = Henri-Claude de Bettignies * Sir Derek Higgs * Sheila A. Penros
Slide 9: Competitive Comparisons
Competitive Comparisons = Following charts compare our equity usage with similarly-sized companies in multiple industries in which we compete = Similarly-sized companies — revenues between 1/3 to 3 times Jones Lang LaSalle’s revenues = Note: showing 2004 data for Jones Lang LaSalle and 2003 data for
Slide 10: Equity Usage Comparisons - Multiple Industries
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Slide 11: Equity Usage Comparisons - Multiple Industries
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Slide 12: Searchable
Searchable text section of graphics shown above [ L OGO] Stock Award and Incentive Plan 2005 [ L OGO] Forward Looking Statements Jones Lang LaSalle Incorporated has filed its Proxy Statement for the 2005 Annual Meeting of Shareholders with the U.S. Securities and Exchange Commission (SEC). This pres