Upbound Group, Inc. · NASDAQ:UPBD
Upbound — Rent A Center Inc DE — Proxy Contest (May 2017)
8 slides from Upbound's proxy contest presentation, May 24, 2017
Slide 1: Providing the Facts for our Stockholders
MAY 2017 Providing the Facts for our Stockholders
Slide 2: Safe Harbor Forward-Looking Statements
Safe Harbor Forward-Looking Statements This presentation and the guidance above contain forward-looking statements that involve risks and uncertainties. Such forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “c
Slide 3: RCII Board Took Swift Action to Correct Trajectory of the Business
RCII Board Took Swift Action to Correct Trajectory of the Business Over the Last Two Quarters and Remains Confident in Future 2 Quarterly same store sales (SSS) 1.0% 1.4% (0.2%) (2.2%) (3.8%) (6.7%) (12.0%) (14.2%) (12.5%) (9.0%) 8.0% 7.5% 5.2% 1.7% (2.5%) (4.9%) (8.4%) (9.6%) (7.8%) Core U.S Consol
Slide 4: Rent-A-Center Has and Will Continue to Generate Value for all Stockholders
Rent-A-Center Has and Will Continue to Generate Value for all Stockholders 3 1 Represents the total stockholder return from Rent-A-Center’s (RCII) IPO on 1/25/95 to the end of each year indicated 0% 500% 1,000% 1,500% 2,000% 2,500% 3,000% ‘95 ‘96 ‘97 ‘98 ‘99 ‘00 ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘
Slide 5: Engaged Capital's Claims Are Misleading, False and Designed to Advance its Own Interests
Engaged Capital’s Claims Are Misleading, False and Designed to Advance its Own Interests at the Expense of ALL Other Stockholders Engaged Capital’s Claims Are Misleading, False and Designed to Advance its Own Interests at the Expense of ALL Other Stockholders • Engaged Capital is attempting to misle
Slide 6: Rent-A-Center's Board and Management Represent Best Path Forward to Drive Value
Rent-A-Center’s Board and Management Represent Best Path Forward to Drive Value for ALL Stockholders Engaged Capital’s Claims Rent-A-Center Facts Rent-A-Center has comprehensive turnaround plan focusing on all aspects of the business Plan was created via a deliberative, introspective process that in
Slide 7: Engaged Capital's "Plan" Contains No New Ideas
Engaged Capital’s “Plan” Contains No New Ideas, Reflecting Lack of Understanding of the Business Many of the ideas proposed in Engaged Capital’s “day one” plan are already well underway as part of the Company’s strategic plan. Engaged Capital’s Claims Underway: Hiring Consultant Done Underway Rent-A
Slide 8: Rent A Center
FURNITURE APPLIANCES ELECTRONICS COMPUTERS Rent A Center RAC