Slide 1: Full Year Results
P 1/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED 0) Ansell Limited Full Year Results. 80th dune 2012 . Magnus Nicolin = Chief Executive Officer 2” Rustom Jilla - Chiet.Financial Oificer . 50 2012-08-14 09 HyFlex a ies, . GAMMEX' SKYN' ACTIVARMR™ Ansell (eS
Slide 2: Disclaimer
P 2/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED Disclaimer The following presentation has been prepared by Ansell Limited for information purposes only. The presentation may contain forward looking statements or statements of opinion. No representation or warranty is made regarding the accuracy, co
Slide 3: F'12 Results Summary
P 3/34 PFAX201 F’12 — Results Summary Statutory Result in Results in Operating Australian Dollars Currency ~ US Doilars A A 2 F’tt Fi2 Pdi Fi2 fe ASM ASM USSM US$SM o a Sales 1,219.8 1,218.3 4,206.9 1,255.3 ” Earnings Before !Inierest & Taxes (EBIT) 138.8 449.4 436.9 153.2 it] * Profit Attributable
Slide 4: Agenda
P 4/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED Agenda Business Overview - Magnus Nicolin Financial Report - Rustom Jila F’'13 Outlook - Magnus Nicolin US dollars used in all slides unless otherwise specified 2012-08-14 09:52 S| ypios GANMEX. SKYN ACTIVARMR® Ansell _pooe ea ater fe
Slide 5: F'12 A Solid Year
P 5/34 y F’12 — A Solid Year A Fd F’'i2 Change . Sales ($M) 1,206.9 1,255.3 +4% % EBIT ($M) 136.9 153.2 +12% a PA ($M) 121.7 133.0 49% of 7 EPS (¢) of 5 €P tyrioe CAMMEX SKYN' ACTIVARMR” Ansell 2012-08-14 09 ay
Slide 6: F'12 Overview
P 6/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED F’12 - Overview Positives » Sexual Wellness terrific performance = Industrial’s sales solid despite European economic slowdown and Fusion = Specialty Markets EBIT improving = Strong Asia Pacific growth and solid EMEA results = New Product Development
Slide 7: F'12 Fusion ERP Implementation Update
P 7/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED F’12 - Fusion ERP Implementation Update = Ansell commenced ‘Fusion’, its multi year ERP transformation in F'12 with the tirst phase (North America and part of LAC) going live on July 5 2011 and running into systems design and interface issues, particu
Slide 8: New Product Launches taking off in F'13
P 8/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED F’12 - New Product Launches taking off in F’13 2010 2011 2012 2013 Number of New Product Launches @H1 BH2 2012-08-14 09:53 Eyre GAMMEX’ SKYN) ACTIVARMR: Ansell orn EE 2)
Slide 9: F'12 Emerging Markets expansion continues
P 9/34 o al 2 a z z F’12 —- Emerging Markets expansion continues a Russia Other EMEA * Growth YOY +24% A + Growth YOY +17% = << * 3% of global sales co * 4% of gicbal sales Sg China Be (CIS, Turkey, _+ Growth YOY +39% o Poland, CEE) 4% of global sales yy : oa mM 2 india | Growth YOY +28% Latin Ameri
Slide 10: Heightened Business Development Activity
P 10/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED F’12 - Heightened Business Development Activity During the year ihere were: : ob SANDEL. @ 3 Acquisitions - Sandel Medical Industries Leaders in Healtheare Safety - Trelieborg Protective Products - Shanghai FTC Limited z= 2Mincrity Stakes - Yulex Cor
Slide 11: Comasec SAS acquisition announced
P 11/34 = = F’12 — Comasec SAS acquisition announced a — Founded in 1948, Comasec manufactures and distributes industrial and consumer gloves rN (HHG, DIY, gardening gloves) and other protection equipment. 3 B With its HQ in Gennevilliers, France, and two manutacturing plants in Malaysia and Portuga
Slide 12: Industrial GBU Overview
P 12/34 PFAX201 F’12 - Industrial GBU Overview 40% of Revenue and 51% of Segment EBIT 2012-08-14 09:54 $M Pu Fiz HyFlex General Purpose/Mechanical a a - HyFlex® 178.1 194.1 9% 4 All Regions up. Strong H2 for NA & LAC 3 - Other GP/M 417.7. 116.0 -1% % EMEA slowdown . Chemical/Liquid Handling Alphalec
Slide 13: Industrial GBU New Product Development
P 13/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED F’12 - Industrial GBU New Product Development HyFlex® 11-518 Gloves First to market ultra light 18 gauge EN Level 3 cut resistance. Made from Dyneema yarn (on global exclusivity) and with thin polyurethane coating HyFlex® 11-644 Gloves Dynamic mix of
Slide 14: Specialty Markets GBU Overview
P 14/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED 2012-08-14 09:55 F’12 - Specialty Markets GBU Overview 14% of Revenue and 4% of Segment EBIT $M Fit F412 General Purpose Chemical/Liquid Handling 1% # Construction/DIY up, Food down ACTIVARMR® — HHG Reiail/Consumer 28.8 32.1 11% # Prices up in both C
Slide 15: Specialty Markets GBU New Product Development
P 15/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED F’12 - Specialty Markets GBU New Product Development Oil, Gas & Mining Vertical Military & First Responders Vertical ACTIVARMR® Flame Resistant ACTIVARMR® Flame Resistant Impact Gloves Utility Gloves First to market flame Military grade seamless knit
Slide 16: Medical GBU Overview
P 16/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED F’12 - Medical GBU Overview 28% of Revenue and 24% of Segment EBIT Innovative Surgicak Gloves Pe MED-FGRIP’ Hesenuat Sureical Glows Sandel contribution, and better mix offset Examination Gloves MICROTOUCH $M Fir F'12 Surgical: NRL 186.8 187.9 1% 4 Lo
Slide 17: Medical GBU New Product Development
P 17/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED F’12 - Medical GBU New Product Development Gammex®— Sensoprene® Gioves Best in Class surgical glove; thinnest PC blend on the market and is also accelerator and natural rubber latex free ReCap-lt™ — Syringe Recapping Card New Sandel addition to its S
Slide 18: Sexual Wellness GBU Overview
P 18/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED F°12 - Sexual Wellness GBU Overview 18% of Revenue and 21% of Segment EBIT $M 11 F'12 Condoms: Branded 154.8 167.2 8% LifeStyles fr Line extensions, SKYN®, Zero®, Emerging Markets growth a fenders/ Private 26.6 26.2 -2% © Private Label up, Tendersdow
Slide 19: Sexual Wellness GBU New Product Development
P 19/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED 2012-08-14 09:57 F’12 - Sexual Wellness GBU New Product Development Freshness Products Anew range of wash and intimate wipes, ph friendly: formula, allergen free fragrance 1. amele. — Essential Intimate - 3. Ring Bottle Lubricant Range 2. LifeStyles®
Slide 20: For personal use only
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Slide 21: Rustom Jilla, Chief Financial Officer
P 21/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED Rustam Jilla Chief Financia i I Officer 2012-08-14 09:58 7 se Be HyFlex’ CAMMEX SKYN ACTIVARMR: Ansell _peee VB ne err no
Slide 22: Strong EPS/Dividend Growth and Cash Generation
P 22/34 o Q 5 = F’12 — Strong EPS/Dividend Growth and Cash Generation a - USe Ag A 100 + + 35 Divi a a : ividends a EPS go 4 r 28 pe 60 | + 21 4 c ZIPS (USC) 2° 40 ; + 14 ou 20 5 r 7 === Dividends [A¢} Mm 0 + 0 * F'08 F'09 SM 120 5 Free Cash | a Flow 100 5 c 80 5 = 60 + 7 40 im 20 | wo 4 = 0 T 1 Ft
Slide 23: F'12 Profit & Loss
P 23/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED 2012-08-14 09:59 Profit & Loss ($M) Sales GPADE SG&A EBIT Net Interest Taxes Minority Interests Profit Attributable EBIT:Sales EPS (US) F’12 - Profit & Loss Fai Fi2 1,206.9 1,255.3 419.8 457.9 (282.9) (304.7) 136.9 153.2 (4.0) (5.0) (8.1) (12.1) (3.1
Slide 24: Profit Attributable Bridge
P 24/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED 59 2012-08-14 09 F’12 - Profit Attributable Bridge 16.9 PA F'14 GPADE GPADE Sales & General & Taxes Interest/OEL PA F'l2 Volume / Mix Ail Other Marketing Admin. GPADE “Volume / Mix” - EMEA & AP (especially Emerging Markets) growth offset by NA Fusion
Slide 25: Key Raw Material Trends
P 25/34 oS al 5 a 2 F’12 - Key Raw Materiai Trends a A A ao ao Mm ~ o * fu oO & Z m @ = = ¥ 3 2 —NRLatex USS _— 5 NBR Latex US$ a lu Ee = 5 - T t T T T T t T T t T F 4 - a oo mo © BR @ PW CO nu a o © 6&6 6 6S SB dB SB 8B fF FT Fz rT So 8® S56 6&6 &6 & FS FS 6G SF S&S F 2 a 8 8 OO UA NAN a a a a WN &
Slide 26: NRL remains the #1 material but far less important now
P 26/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED F’12— NRL remains the #1 material but far less important now e000e A 26% reduction 45000 in NRL 30000 consumed (F’12 H2 vs. F’10 H2) 1000 0 100% 80% And a sales mix Soe shifting more to oe products that do 40% not use NRL 20% O% O Outsourced BO Manuf
Slide 27: Strong Balance Sheet
P 27/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED 2012-98-14 10:00 F’12 - Strong Balance Sheet Balance Sheet ($m) Ft F412 Fixed Assets 159.4 151.2 Intangibles 361.8 391.2 Acquisitions & Fusion Other Assets/Liabilities (26.4) (15.3) DTAs $9.8m Working Capital 227.2 252.6 Acquisitions & Inventory Net
Slide 28: Improved Working Capital in H2
P 28/34 o al s . fa z F’12 — Improved Working Capital in H2 a $M 30 June 30 Dec 30 June ‘ . 2011 2011 2012 Movement F’12 vs. F°11 A - Inventory 197.9 239.0 213.4 # 15.5 Acquisitions 7.7 Re Debtors 176.8 173.3 175.9 (0.9) Acquisitions 5.4 5 Crecitors {147.5} {136.9) (136.7) 4 10.8 Acquisitions 4.5 m
Slide 29: Cash Flow Bridge Charts
P 29/34 = al = F’12 - Cash Flow Bridge Charts a USSm n Fui2 4“ 21.6 16.8 o Zt 8 C8) 878) 64) (78) 972 (388) (46s sg = (46.6) (33.4) (66.4) re aes EE een (14-8) o fl EB!T Depn Work CAPEX INT Taxes FCF Other DIV Share Acq. Net Debt a AWO Cap issues/ Myvt. a B/Back *o ‘2 (35) 14.3 a ee 4 ® Depreciation
Slide 30: The Year's Acquisitions
P 30/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED F’12— The Year's Acquisitions Sandel Medical Industries (1 July 2011 for ~$13.6m) + Rationale; To expand into perioperative safety solutions * F'12 results; Sales ~$11m, Slightly EPS Dilutive (only due to one-time costs} Shanghai FTC Limited (1 Aug 2
Slide 31: Closing Financial Summary
P 31/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED F’12 — Closing Financial Summary Solid Results » Despite lower sales growth; EBIT up 12%, EPS up 11% - Free Cash Flow of $97.2m, returning to more typical cash generation ievels = Integration of F’12’s 3 acquisitions proceeding swiftly, and with tota
Slide 32: F'13 Outlook
P 32/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED F’°13 - Outlook Magnus Nicolin Chief Executive Officer 2012-98-14 10:02 » aay ae in HyFiax” GAMMEX SKYN ACTIVARMR’
Slide 33: Guidance
P 33/34 o al Z F’'12 - Guidance Business Outlook n > Externally; - . Macro economic environment a challenge; sovereign debt issues, lower growth in Europe. Be = Weak Euro impacting sales and, to a lesser extent, EBIT © » Raw Material Prices (especially NRL} may prove a strong tailwind & + Internally
Slide 34: For personal use only
P 34/34 PFAX201 +61 3 9270 7300 >> ANSELL LIMITED ACTIVARMR® - MULTIPURPOSE GLOVES 02 2012-08-14 10 co HyFlex” GAMMEX' SKYN’ ACTIVARMR® Ansell SS SE ETA ey