Woolworths Group Ltd · ASX:WOW
Woolworths — Shareholder Meeting (November 2014)
45 slides from Woolworths's shareholder meeting presentation, Nov 27, 2014
Slide 1: Chairman Ralph Waters
pALPH Ml = bf WATERS Chairman
Slide 2: Woolworths Limited Annual General Meeting 2014
WOooLwortTHs LIMITED ~ ANNUAL GENERAL ~- MEETING | 2014 j \ } NS Bes aa . eS LIE AE don 7
Slide 3: Net Profit After Tax
NET PROFIT AFTER TAX $2.45b CONTINUING OPERATIONS BEFORE SIGNIFICANT ITEMS! (4.2: 6.1% TOTAL GROUP 8.5% ae re gastmdentrtonmemmiomd
Slide 4: Shareholder Returns
Shareholder Returns 137 © stare 133 © share
Slide 5: Earnings per Share and Dividends
EARNINGS PER SHARE 196.58 stare CONTINUING OPERATIONS BEFORE SIGNIFICANT ITEMS! \35.3%° 5.2° TOTAL FY14 DIVIDENDS 1 Jb 70% OF : OUR PROFIT
Slide 6: Woolworths Limited Annual General Meeting 2014
WOooLwortTHs LIMITED ~ ANNUAL GENERAL ~- MEETING | 2014 j \ } NS Bes aa . eS LIE AE don 7
Slide 7: Grant O'Brien, Managing Director and CEO
GRANT O'BRIEN ' We Managing Director and Chief Executive Officer o- b
Slide 8: Highlights for FY14
Highlights for FY14 $2.45b6 4.2% 61” $60.85 3.9% 5.9%? 1, Refer to the 2014 Annual Report for further information on the significant items ; Woo.wortHs LiMirep 2. Excluding the impact of the 534 week in FY13. For financial reporting, FY14 represented 52 weeks and FY13 represented 53 weeks
Slide 9: For personal use only
For personal use only • • • • • • •
Slide 10: Maintain our track record of building new growth businesses
#2 Maintain our track record of building new growth businesses PROGRESS DURING FY14 INCLUDED ¢ Extending our leadership as Australasia's largest domestic online retailer, online sales of more than $1.2b ¢ Liquor division highlights our ability to build and deliver world class multi- channel retail o
Slide 11: Supply chain, loyalty and leadership progress
Commenced Mercury II to strengthen our supply chain and drive next generation capability 7.9 million Everyday Rewards members in Australia and 1.9 million Onecard loyalty club members in New Zealand Used data analytics to better understand our customers’ needs Assembling a world class leadership tea
Slide 12: Act on our portfolio to maximise shareholder value
#4 Act on our portfolio to maximise shareholder value PROGRESS DURING FY14 INCLUDED * Continue to manage our balance sheet with the divestment of a $600 million portfolio of freehold Hotel sites ° Driving the BIG W growth strategy whilst also bringing a strong focus on execution and operational exce
Slide 13: Total Shareholder Returns: 2004 to 2014
Total Shareholder Returns: 2004 to 2014 Source: Bloomberg Finance LP Indexed Total Shareholder Returns (TSR) for period ending 21 November 2014 Index to 100 500 - — Woolworths ASX200 400 - 300 - 200 100 ~<4 0) ; T T T ; ; ; ; T T 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013. = 2014 Woo .wortHs
Slide 14: Woolworths Limited Annual General Meeting 2014
WOooLwortTHs LIMITED ~ ANNUAL GENERAL ~- MEETING | 2014 j \ } NS Bes aa . eS LIE AE don 7
Slide 15: We employ more than 198,000 employees
We employ more than 198,000 employees Every day another ee story starts at Woolworths. Tojoin our team visit wowcareers.comau Ts Woo wortHs LIMITED
Slide 16: Woolworths Limited Annual General Meeting 2014
WOooLwortTHs LIMITED ~ ANNUAL GENERAL ~- MEETING | 2014 j \ } NS Bes aa . eS LIE AE don 7
Slide 17: Inserting your smartcard
Inserting your smartcard * Insert your personal smartcard into the top of the handset <€----------- * The chip should be facing you and at the bottom of the card Woolworths ® @ Woo .wortHs LIMITED _——
Slide 18: How To Use Your Handset
How To Use Your Handset ¢ A welcome message will briefly appear on screen when your card has been inserted ¢ You will then be returned to the holding Weléomexlehni Dee screen where your name will now appear at the top of the display 9 2@6e@020% Q WER RGialgiels e IAA z 6 4 XCvepnm& Woo .wortHs LIMIT
Slide 19: Casting Your Vote
Casting Your Vote * Press 1 to vote FOR * Press 2 to vote AGAINST Y. ‘ 2) Against * Press 3 if you wish to ABSTAIN ~ @ Abstain Send Vote De 2 = 2006608 Q VeainiGgiagiels a SIDIEIG AGES 2x cvenm?a Woo .wortHs LIMITED _——
Slide 20: Vote Confirmation
Vote Confirmation * Your selection will now be indicated on your handset screen John Doe Resolution 1 * To change your vote, press 1,2 ,3 or & For Received X to cancel ue To cancel your vote press the ‘x’ button IMAAAAME z a\é Xcvenm? Woo .wortHs LIMITED _——
Slide 21: Woolworths Limited Annual General Meeting 2014
WOooLwortTHs LIMITED ~ ANNUAL GENERAL ~- MEETING | 2014 j \ } NS Bes aa . eS LIE AE don 7
Slide 22: Shareholder Questions
SHAREHOLDER QUESTIONS z g Z z a B g @ 8
Slide 23: 1. Financial Statements
1. FINANCIAL STATEMENTS z g Z z a B g @ 8
Slide 24: 2. Election of Directors
2. ELECTION OF DIRECTORS z g Z z a B g @ 8
Slide 25: Jillian Rosemary Broadbent
JILLIAN ROSEMARY BROADBENT
Slide 26: Woolworths Limited Annual General Meeting 2014
WOooLwortTHs LIMITED ~ ANNUAL GENERAL ~- MEETING | 2014 j \ } NS Bes aa . eS LIE AE don 7
Slide 27: Resolution - Election of Directors: Jillian Rosemary Broadbent
Resolution 2 - Election of Directors Jillian Rosemary Broadbent -OR AGAINST OPEN 547,134,920 4,372,580 96.05% 0.77% 18,111,499 3.18% = c s
Slide 28: Woolworths Limited Annual General Meeting 2014
WOooLwortTHs LIMITED ~ ANNUAL GENERAL ~- MEETING | 2014 j \ } NS Bes aa . eS LIE AE don 7
Slide 29: Scott Redvers Perkins
SCOTT REDVERS PERKINS
Slide 30: Woolworths Limited Annual General Meeting 2014
WOooLwortTHs LIMITED ~ ANNUAL GENERAL ~- MEETING | 2014 j \ } NS Bes aa . eS LIE AE don 7
Slide 31: Resolution - Election of Directors: Scott Redvers Perkins
Resolution 2 - Election of Directors Scott Redvers Perkins -OR AGAINST OPEN 543,638,391 4,583,965 21,061,819 95.50% 0.80% 3.70% = c s
Slide 32: Woolworths Limited Annual General Meeting 2014
WOooLwortTHs LIMITED ~ ANNUAL GENERAL ~- MEETING | 2014 j \ } NS Bes aa . eS LIE AE don 7
Slide 33: Stephen Mayne
STEPHEN MAYNE z 8 2 z EI a 5 C g a 8
Slide 34: Resolution - Election of Directors: Stephen Mayne
Resolution 2 - Election of Directors Stephen Mayne -OR AGAINST OPEN 22,961,789 528,057,791 17,510,159 4.03% 92.89% 3.08% z Cc s
Slide 35: Woolworths Limited Annual General Meeting 2014
WOooLwortTHs LIMITED ~ ANNUAL GENERAL ~- MEETING | 2014 j \ } NS Bes aa . eS LIE AE don 7
Slide 36: For personal use only
For personal use only
Slide 37: Woolworths Limited Annual General Meeting 2014
WOooLwortTHs LIMITED ~ ANNUAL GENERAL ~- MEETING | 2014 j \ } NS Bes aa . eS LIE AE don 7
Slide 38: For personal use only
For personal use only
Slide 39: Resolution - Election of Directors: Ralph Graham Waters
Resolution 2 - Election of Directors Ralph Graham Waters -OR AGAINST OPEN 544,179,124 6,903,966 95.57% 1.22% 18,287,236 3.21% = c s
Slide 40: Woolworths Limited Annual General Meeting 2014
WOooLwortTHs LIMITED ~ ANNUAL GENERAL ~- MEETING | 2014 j \ } NS Bes aa . eS LIE AE don 7
Slide 41: 3. Long Term Incentive Plan
3. LONG TERM INCENTIVE PLAN z g Z z a B g @ 8
Slide 42: Resolution - Long Term Incentive Plan
Resolution 3 - Long Term Incentive Plan FOR AGAINST OPEN 532,867,432 17,554,334 17,957,726 93.75% 3.09% 3.16% = c z
Slide 43: 4. Adoption of Remuneration Report
4. ADOPTION OF REMUNERATION REPORT z g Z z a B g @ 8
Slide 44: Resolution - Adoption of Remuneration Report
Resolution 4 - Adoption of Remuneration Report -OR AGAINST OPEN 534,464,283 14,127,052 18,063,728 94.32% 2.49% 3.19% = c z
Slide 45: Woolworths Limited Annual General Meeting 2014
WOooLwortTHs LIMITED ~ ANNUAL GENERAL ~- MEETING | 2014 j \ } NS Bes aa . eS LIE AE don 7