Ayala Corp. · PSE:AC

Ayala — Shareholder Meeting (April 2012)

15 slides from Ayala's shareholder meeting presentation, Apr 20, 2012

  1. Slide 1: We are well positioned to participate in the development of the country's infrastructure needs

    WE ARE WELL POSITIONED = \ TO PARTICIPATE IN THE DEVELOPMENT OF THE COUNTRY’S INFRASTRUCTURE NEEDS.

  2. Slide 2: Jaime Augusto Zobel de Ayala, Annual Stockholders' Meeting

    JAIME AUGUSTO ZOBEL DE AYALA Annual Stockholders' Meeting April 20, 2012 2

  3. Slide 3: Resilient domestic economy driven by strong personal consumption

    Resilient domestic economy driven by strong personal consumption Steady Growth of Overseas Filipino Remittances (in USD billions) 18.8 20.1 16.4 17.3 3.7% 14.5 12.8 10.7 GDP 9% CAGR Growth 2005 2006 2007 2008 2009 2010 2011 12 9 5.4% 6 Stable inflation & 3 interest rate 4.2% environment 0 CPI 10-Yea

  4. Slide 4: Core businesses achieved healthy earnings growth in 2011

    Core businesses achieved healthy earnings growth in 2011 Net Income Growth ROE 7.1 5.5 31% 4.0 12.0% 2009 2010 2011 11.3 12.8 13% 8.5 15.2% 2009 2010 2011 12.0 Core Net Income 9.1 10.0 11% 12.6 21.0% 9.1 9.8 (CORE) 2009 2010 2011 7% 3.2 3.9 4.3 19.0% 2009 4 2010 2011

  5. Slide 5: International businesses have built scale and are gradually improving profitability

    International businesses have built scale and are gradually improving profitability  17 manufacturing sites globally  US$1B in Combined Revenues  241,295 sqms of manufacturing  US$92M in Combined EBITDA, space up 33%  15,372 Manpower Count  37,000 Employees in 50+ Sites in 23 Countries, with 1

  6. Slide 6: Establishing new platforms in power and transportation infrastructure

    Establishing new platforms in power and transportation infrastructure SOUTH LUZON NORTHWIND PHILNEWHYDRO PHILNEW THERMAL ENERGY POWER GROUP ENERGY, INC. CORPORATION CORPORATION 70% 50% 50% 50% 6

  7. Slide 7: Power: Building our power portfolio to contribute to the country's capacity requirements

    Power: Building our power portfolio to contribute to the country's capacity requirements Capacity Requirements • 1,000 MW of LUZON power generation 3,000 MW assets over the VISAYAS next five years 500 MW • 180MW of capacity as of MINDANAO year end 2011 600 MW • Invest US$500M over the next five year

  8. Slide 8: Infrastructure: Ayala has capacity to execute large-scale transport infrastructure projects

    Infrastructure: Ayala has capacity to execute large-scale transport infrastructure projects POTENTIAL PROJECTS OF INTEREST 2012-2013 ROADS RAIL  CALA Expressway (Cavite LRT Line 1 Extension & Laguna) LRT Line 2 East Extension • 27.5km road that will provide vital access across various economic zone

  9. Slide 9: Ayala wins first PPP project under the Aquino Administration

    Ayala wins first PPP project under the Aquino Administration 10

  10. Slide 10: Flexible Funding Position for New Investments

    Flexible Funding Position for New Investments Debt Maturities in billion As of As of (in million pesos) pesos 12.31.11 12.31.10 Gross 43.4 42.3 8,028 8,000 Debt* 6,509 Cash 18.0 29.1 5,878 Net Debt 25.4 13.2 5,002 4,508 4,277 1,485 Net Debt 0.24:1 0.12:1 to Equity Ratio 2012 2013 2017 2018 2014 2015

  11. Slide 11: Ayala group has taken an aggressive stance to expand its Philippine portfolio

    Ayala group has taken an aggressive stance to expand its Philippine portfolio Ayala Group Capital Expenditure (PhP Billions) 100.0 91.2 80.0 AC 65.4 66.3 IMI 60.0 MWC 40.0 GLOBE BPI 20.0 ALI - 2010 2011 2012 E 12

  12. Slide 12: The Entire Nation Moves: building infrastructure capacity

    Building infrastructure capacity through our businesses and through multi-sectoral engagement The Entire Nation Moves 10 piso, 10 buwan, 10 libong silid-aralan Ayala Foundation is project lead for the Campaign to raise funds to build 10,000 classrooms in public schools all over the Philippines. 13

  13. Slide 13: Building infrastructure capacity through our businesses and multi-sectoral engagement

    Building infrastructure capacity through our businesses and through multi-sectoral engagement Private sector provided internet connection for over 3,500 public high schools and has turned over the project to Gearing up Internet Literacy and Access for Students the government 14

  14. Slide 14: 16

    16

  15. Slide 15: Annual Stockholders' Meeting April 20, 2012

    Annual Stockholders' Meeting April 20, 2012 17

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