North West Company Inc. · TSX:NWC
North West — The North West Company — Shareholder Meeting (2021)
47 slides from North West's shareholder meeting presentation, 2021
Slide 1: 2021 Annual General Meeting of Shareholders
THE 2021 Annual General Meeting of Shareholders = \jogz west COMPANY
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Slide 3: Chairman Remarks
SF NorTH WEST ’ COMPANY Chairman Remarks
Slide 4: Brock Bulbuck
THE NortH WEsT COMPANY Brock Bulbuck
Slide 5: Deepak Chopra
as NorTH West COMPANY Deepak Chopra
Slide 6: Frank Coleman
THE NorTH West COMPANY Frank Coleman
Slide 7: Stewart Glendinning
at NorTH West COMPANY Stewart Glendinning
Slide 8: Annalisa King
as NorTH West COMPANY Annalisa King
Slide 9: Violet Konkle
THE NortH WEsT COMPANY Violet Konkle
Slide 10: Jennefer Nepinak
THE NortH WEsT COMPANY Jennefer Nepinak
Slide 11: Victor Tootoo
at NorTH West COMPANY Victor Tootoo
Slide 12: Edward Kennedy
at NortH WEsT COMPANY Edward Kennedy
Slide 13: H. Sanford Riley
THE NortH WEsT COMPANY H. Sanford Riley
Slide 14: 2021 Annual General Meeting of Shareholders
THE 2021 Annual General Meeting of Shareholders = \jogz west COMPANY
Slide 15: Receive Audited Financial Statements
1. Receive Audited Financial Statements
Slide 16: Election of Directors
2. Election of Directors
Slide 17: Appointment of Auditors
3. Appointment of Auditors
Slide 18: Advisory Resolution on Executive Compensation
4. Advisory Resolution on Executive Compensation
Slide 19: 2021 Annual General Meeting of Shareholders
THE 2021 Annual General Meeting of Shareholders = \jogz west COMPANY
Slide 20: President & Chief Executive Officer Remarks
SF NorTH WEST s COMPANY President & Chief Executive Officer Remarks
Slide 21: 2020 President & Chief Executive Officer Remarks
2020 President & Chief Executive Officer Remarks Agenda ° Pre-Pandemic Playbook ° Pandemic Performance ° Post-Pandemic Growth
Slide 22: Pre-Pandemic Playbook
SF NorTH WEST s COMPANY Pre-Pandemic Playbook
Slide 23: Pre-Pandemic Playbook
Pre-Pandemic Playbook ° Giant Tiger Divestiture ° Product Supply Agreements with GTSL ° Cost Streamlining ° Invest in Lower Food Prices
Slide 24: Pandemic Performance
Pandemic Performance ° Community Response
Slide 25: Pandemic Performance
Pandemic Performance ° Community Response ° Safety ° Availability ° Community Support ° Associate Experience ° Financial Results
Slide 26: Pandemic Performance
andemic Performance Full Protocols in place 59,500 store days / 401 closed days 6,900 associates / 10 workplace cases
Slide 27: In-stock on Essentials
In-stock on Essentials Enterprising Sourcing Rapid e-Commerce Deployment
Slide 28: Pandemic Performance
; - Pandemic Performance Filling needs and gaps $5.5 million more in Donations Emergency Food Distribution
Slide 29: Pandemic Performance
andemic Perforn Extraordinary Conditions $10 million in Recognition Temp Staff Relief Assistance Programs More to be done
Slide 30: Pandemic Performance - Sales
THE Pandemic Performance - Sales NortH WEst COMPANY ($ in millions) Hi Canada (§§ International $2,359 2018 2019 2020
Slide 31: 2021 First Quarter Financial Highlights
SF NorTH WEST s COMPANY 2021 First Quarter Financial Highlights
Slide 32: 2021 First Quarter Highlights - Sales
THE NortH WEsT COMPANY 2021 First Quarter Highlights - Sales ($ in millions) Hi Canada (§§ International $593 $551 ° Total Sales -7.0% ° Same Store +3.8% on top of 15.5% in 2020 ° Food +0.5% ° General Merchandise +23.9% Q1 2019 Q1 2020 Q1 2021
Slide 33: 2021 First Quarter Highlights - EBITDA
THE NortH WEsT COMPANY 2021 First Quarter Highlights - EBITDA ($ in millions) Hi Canada (§§ International $78.7 ° Unadjusted for non-comparable items Q1 2019 Q1 2020 Q1 2021
Slide 34: 2021 First Quarter Highlights - EBITDA Adjustments
THE NortH WEsT COMPANY 2021 First Quarter Highlights - EBITDA Adjustments Adjusted EBITDA 2020 First Quarter Adjusted EBITDA 2021 First Quarter 90 7 90 7 75 4 75 60 | $0.4 paper pp, 60 45, $43.4 $2.0. = 45; 30 | 30, 154 15+ 0 : : , , 04 , , , EBITDA — Share-based GT Closure Support Office Adjusted E
Slide 35: 2021 First Quarter Highlights - Net Earnings
THE NorTH West COMPANY 2021 First Quarter Highlights - Net Earnings ($ in millions) ° Unadjusted for non-comparable items Q1 2019 Q1 2020 Q1 2021
Slide 36: 2021 First Quarter Highlights - Net Earnings Adjustments
THE NorTH West COMPANY 2021 First Quarter Highlights - Net Earnings Adjustments: Adjusted Net Earnings 2020 First Quarter Adjusted Net Earnings 2021 First Quarter 50 50. . ‘— |_| $37.9 ($7.1) 30 | 7 $3.6 $24.6 * $68 0 1.9 1o| $123 boa , " 0 Net Share-based’ GT Closure Support Office Adjusted Net See
Slide 37: 2021 First Quarter Highlights - Return of Capital
THE NortH WEsT COMPANY 2021 First Quarter Highlights - Return of Capital (Quarterly Dividends $ per share) °* Quarterly Dividend up 9.1% ® 336,000 shares purchased through Normal Course Issuer Bid Q1 2019 Q1 2020 Q1 2021
Slide 38: 2021 First Quarter Highlights - Financial Capacity
THE 2021 First Quarter Highlights — Financial Capacity Nort WEsT COMPANY *(April 30, $ in millions) -~@- Debt-to-Equity [J Available Capacity JJ Debt ° Debt-to-Equity below 1.0 since 2000 ° $387 million capacity on existing facilities ° Financial capacity to support growth 2019 2020 2021
Slide 39: Post-Pandemic Growth
SF NorTH WEST ’ COMPANY Post-Pandemic Growth
Slide 40: Post-Pandemic Growth
Post-Pandemic Growth Deepen Customer Loyalty & ‘Get Sales’ Conviction ° Commercial Sales ° Giant Tiger Products ° Big Ticket
Slide 41: Post-Pandemic Growth
Post-Pandemic Growth Virtual Health Services ° North West Telepharmacy ° W-Connect™ Telemedicine ° Teleoptometry NortH Wesr TELEPHARMACY* Solutions CLWN NEO!
Slide 42: Post-Pandemic Growth
ost-Pandemic Gro\ Double decker trailers Low weight pallets Wide door ATR “a aN NORTHSTAR \) \ AIR y SE
Slide 43: Post-Pandemic Growth
ost-Pandemic Growth Anchorage Dark Store Rankin Inlet Airport Iqaluit Motorsports Iqaluit Astro Hill nut B Nluvirvik —= ulisauti
Slide 44: New Iqaluit Health & Wellness Store
New Iqaluit Health & Wellness Store Inuulisautinut Niuvirvik (Ee-nooo lee sow tee noo) (Neeoo vig vik) ° Specialty Foods ° Expanded Health Products \ruulisantie ~ Dacre ges ° Pharmacy, Optical & Medical
Slide 45: Social Impact
¢, NorTH WEST ’ COMPANY Social Impact
Slide 46: Social Impact
ocial Impact Telling our story Raising our game a ae eee een yi First Abcien :
Slide 47: Thank You
¢, NorTH WEST ’ COMPANY THANK YOU