Jones Lang Lasalle Incorporated · NYSE:JLL
Jones Lang Lasalle — Shareholder Meeting (May 2008)
11 slides from Jones Lang Lasalle's shareholder meeting presentation, May 2, 2008
Slide 1: Request to Shareholders for Additional Shares under the Stock Award and Incentive Plan
Request to Shareholders for Additional Shares under the Stock Award and Incentive Plan 2008 Annual Meeting of Shareholders
Slide 2: Forward Looking Statements
Forward Looking Statements Jones Lang LaSalle Incorporated has filed its Proxy Statement for the 2008 Annual Meeting of Shareholders with the U.S. Securities and Exchange Commission (SEC). This presentation has also been filed with the SEC as supplemental proxy solicitation material and has been fil
Slide 3: Our Request to Shareholders: Refresh share authorization for employee incentives
Our Request to Shareholders: Refresh share authorization for employee incentives The Board of Directors recommends approval of a request to authorize an additional 3,000,000 shares for the Company’s Stock Award and Incentive Plan (the Stock Plan). Equity is a valued resource we use to retain top
Slide 4: Previous Requests Have Been Well Received and Approved
Previous Requests Have Been Well Received and Approved; Management has been disciplined in its use of share authorizations May 2001, approved 4.45 million additional shares for the Stock Plan – Firm replaced option grants with restricted stock units (RSUs) in 2003. May 2005, approved 3.0 million
Slide 5: JLL's Stock Ownership Plan (SOP) Consumes Most of the Shares
JLL’s Stock Ownership Plan (SOP) Consumes Most of the Shares: A market differentiator & key element of our compensation The SOP establishes stock ownership guidelines for circa 1,500 senior-level employees globally Employee Level Ownership Guideline -- Promotes alignment with stock and long-term f
Slide 6: Employee Stock Ownership through the Stock Plan: Shareholder Benefits
Employee Stock Ownership through the Stock Plan: Shareholder Benefits Use of stock provides balanced employee reward portfolio to manage annual and long- term performance results. – RSUs and SOP help focus employees and directors on long-term stock and financial performance. SOP Units put signif
Slide 7: Our Growth Strategies Have Delivered Performance
Our Growth Strategies Have Delivered Performance Local and Regional $3,000 ($ Millions) $350 G1 Service Operations $2,652.1 $300 Execution $256.5 $2,013.6 Global Corporate $2,000 $250 G2 Solutions $175.3 $200 Counter Cyclical $1,390.6 $150 Global Capital $103.3 G3 Markets $1,000 $100 Global Diversit
Slide 8: Recent Share Usage
Recent Share Usage In 2007, JLL granted 1.9% of common stock outstanding in RSUs, including SOP, to key employees and outside directors (“burn rate” trending down) – 1.2% represented SOP shares acquired with a portion of annual incentives of key employees, including the associated 20% uplift. – 0.
Slide 9: Competitive Comparisons: Equity Usage in Multiple Industries – Median Burn Rate
Competitive Comparisons: Equity Usage in Multiple Industries – Median Burn Rate The chart below compares equity usage with key competitors and other similarly-sized companies in multiple industries with which we can be compared. 2007 data is used for Jones Lang LaSalle and 2006 data is reported for
Slide 10: Competitive Comparisons: Equity Usage in Multiple Industries – Median Overhang
Competitive Comparisons: Equity Usage in Multiple Industries – Median Overhang The chart below summarizes the potential dilution to which shareholders are exposed due to the potential from stock-based compensation awarded to employees or directors. JLL’s 2007 overhang is compared to the same group o
Slide 11: Global and Diversified Growth: Approval of the share authorization will support our vision
Global and Diversified Growth: Approval of the share authorization will support our vision The chosen real estate expert and strategic adviser to the leading occupiers and investors around the world Jones Lang LaSalle’s Leading Market Position: Consolidating Industry Brand of Choice Strong balance