T. Rowe Price Group, Inc. · NASDAQ:TROW

T. Rowe Price — Shareholder Meeting (April 2016)

18 slides from T. Rowe Price's shareholder meeting presentation, Apr 27, 2016

  1. Slide 1: Annual Meeting

    T. Rowe Price Group ANNUAL MEETING April 27, 2016

  2. Slide 2: Forward-Looking Information

    Forward-Looking Information Certain statements in this presentation may represent “forward-looking information,” including information relating to anticipated growth in revenues, net income, and earnings per share; anticipated changes in the amount and composition of assets under management; anticip

  3. Slide 3: Our Values Support Our Vision: To Be a Premier Global Asset Management Firm

    Our Values Support Our Vision: To Be a Premier Global Asset Management Firm ENDURING VALUES  Act With Integrity  Put Clients First  Pursue Excellence With Passion and Humility  Embrace Collaboration and Diversity  Be Disciplined and Risk Aware IF YOU TAKE CARE OF YOUR CLIENTS, YOUR CLIENTS WILL

  4. Slide 4: Strategy: To Create Long-Term Value Through Diversified Investments and Distribution

    Strategy: To Create Long-Term Value Through Diversified Investments and Distribution  Deliver excellent investment performance – In strategies that are relevant to clients – In vehicles that meet clients’ needs – At fee levels that are competitive yet reflect our value-add  While providing outstan

  5. Slide 5: Outstanding Mutual Fund Investment Performance

    Outstanding Mutual Fund Investment Performance As of March 31, 2016 % OF FUNDS BY LIPPER QUARTILES % OF FUNDS BY MORNINGSTAR CATEGORY T. Rowe Price 50% Industry Quartile 1 Year 3 Years 5 Years 10 Years 40% 1st 40% 58% 54% 64% 30% 2nd 45% 30% 33% 27% 20% 3rd 11% 7% 10% 7% 10% 4th 4% 5% 4% 2% 0% 5 Sta

  6. Slide 6: A Snapshot of Our Offices in 2000

    A Snapshot of Our Offices in 2000 London San Francisco Colorado Springs Baltimore Tokyo Tampa Hong Kong Singapore Buenos Aires 6

  7. Slide 7: Our Offices in 2016

    Our Offices in 2016 Stockholm Copenhagen London Amsterdam Toronto Luxembourg Frankfurt Colorado Springs Zurich Milan San Francisco Madrid Baltimore Tokyo Tampa Hong Kong Dubai Singapore Sydney Melbourne 7

  8. Slide 8: Assets Under Management Have Grown Nicely

    Assets Under Management Have Grown Nicely $900 $800 10.7% CAGR $747 $763 $765 $700 2000-2015 $692 $600 $577 $500 $482 $490 $400 $391 $400 $335 $300 $276 $270 $235 $200 $190 $167 $156 $141 $100 $0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016(Q1) 8

  9. Slide 9: Attractive Long-Term Financial Results

    Attractive Long-Term Financial Results T. ROWE PRICE GROUP, INC. Per Share Amounts 2000-2015 20% Revenue Diluted EPS* Annual Recurring Dividend Average Annual Growth Rate 15% 2000 – 2015 CAGR Revenue Per Share 9% 10% Diluted Earnings Per Share 11% Annual Recurring Dividend 15% 5% 0% 2000-2005 2005-2

  10. Slide 10: Recent Financial Highlights

    Recent Financial Highlights As of December 31 As of March 31 2014 2015 Change 1Q15 1Q16 Change Net Revenues (M) $3,982 $4,201 5% $1,027 $994 -3% Earnings Per Share $4.55 $4.63 2% $1.13 $1.15 2% Regular Dividends Per Share $1.76 $2.08 18% $0.52 $0.54 4% 10

  11. Slide 11: Strong Balance Sheet Is a Competitive Advantage

    Strong Balance Sheet Is a Competitive Advantage As of December 31, 2015 (Millions) 2000 2015 ASSETS Cash and cash equivalents $81 $1,172 Investments in sponsored funds 190 1,612 Subtotal 271 2,784 Other 1,198 2,323 Total Assets $1,469 $5,107 Total liabilities $478 $345 Total stockholders’ equity 991

  12. Slide 12: Returning Cash to Stockholders

    Returning Cash to Stockholders 2011-2015 Earnings Per Share $19.36 Regular Dividends Per Share $7.96 Special Dividends Per Share $3.00 Share Repurchases $7.70 TOTAL Returned to Stockholders $18.66 Over 96% of our earnings from 2011-2015 returned to stockholders. 12

  13. Slide 13: Organic Growth Harder to Achieve in Recent Years

    Organic Growth Harder to Achieve in Recent Years As of December 31, 2015 % OF PRIOR YEAR’S AUM 10% 5 0 -5 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Actual Flows $(4.2) $3.4 $4.9 $13.3 $20.7 $16.1 $27.8 $33.8 $17.1 $22.7 $30.3 $14.1 $17.2 $(12) $3.7 $1.6 ($B) 13

  14. Slide 14: Responding to a More Challenging Environment

    Responding to a More Challenging Environment In 2013, we began a multiyear program to broaden and strengthen our distribution capabilities:  Retirement Plan Services (RPS) recordkeeping systems and processes  International distribution expansion—initial focus on EMEA  Selling directly to financia

  15. Slide 15: What You Can Expect From Us

    What You Can Expect From Us We Will Strive to:  Remain a high-integrity, client-focused firm  Provide excellent investment performance and client service  Stay true to our core values  Maintain a strong financial position  Consistently reinvest to strengthen and broaden our capabilities  Deliv

  16. Slide 16: T. Rowe Price Investing in Our Communities

    T. Rowe Price Investing in Our Communities Financial Education Our efforts to provide and promote effective financial practices reached more than 1.5 million people in 2015 Volunteerism More than half of our associates volunteered last year, giving more than 57,000 hours of their time and talents to

  17. Slide 17: Important Disclosures

    IMPORTANT DISCLOSURES Copyright 2016 © Thomson Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions take

  18. Slide 18: Thank You

    T.RowePrice’ INVEST WITH CONFIDENCE THANK YOU

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