Slide 1: Q3 2021 highlights
Q3 2021 highlights NOVEMBER 11, 2021
Slide 2: Forward-looking and cautionary statements
FORWARD-LOOKING AND CAUTIONARY STATEMENTS Forward-looking statements are included in this presentation. These forward-looking statements are identified by the use of terms and phrases such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “predict”, “project”, “will
Slide 3: Non-GAAP financial measures
NON-GAAP FINANCIAL MEASURES Following the Corporation strategic update, Aimia does not present Non-GAAP financial measures for its consolidated results. However, in order to complement the analysis of the financial performance of its investments, certain Non-GAAP measures are presented. A reconcilia
Slide 4: Today's speakers
TODAY’S SPEAKERS PHIL MITTLEMAN MICHAEL LEHMANN STEVE LEONARD Chief Executive Officer President Chief Financial Officer © 2021 Aimia. All rights reserved. 4
Slide 5: Agenda
AGENDA Strategic Investment Financial highlights highlights highlights © 2021 Aimia. All rights reserved. 5
Slide 6: Strategic highlights
STRATEGIC highlights PHIL MITTLEMAN
Slide 7: Q3 2021 highlights
STRATEGIC HIGHLIGHTS Q3 2021 HIGHLIGHTS Strategic Objectives Results • PLM: continued to perform well as it demonstrated strong recovery in its operating performance. Aimia received a distribution of $6.3 million in the third quarter of 2021. Maximizing the • Kognitiv: focused on the commercializati
Slide 8: Subsequent events to Q3 2021
STRATEGIC HIGHLIGHTS SUBSEQUENT EVENTS TO Q3 2021 Investment in a new Special Purpose Vehicle • Aimia confirms it is in • Aimia realized a gain of $9.7 • Aimia invested $12.4 discussions with million from the sale of the million (US$10.0 million) Aeromexico for a potential company’s entire equity in
Slide 9: Investment highlights
INVESTMENT highlights MICHAEL LEHMANN
Slide 10: PLM member base and gross billings
INVESTMENT HIGHLIGHTS PLM MEMBER BASE AND GROSS BILLINGS Members enrolled (million) +5.8% YoY 7.1 7.2 7.3 6.7 6.8 6.8 6.9 7.0 Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 PLM Gross Billings(1) (million USD) +88.6% YoY 71.8 +11.7% QoQ 64.3 44.4 49.6 37.2 35.5 20.1 26.3 Q4 2019 Q1 2
Slide 11: PLM distributions and Adjusted EBITDA
INVESTMENT HIGHLIGHTS PLM DISTRIBUTIONS AND ADJUSTED EBITDA* (1) PLM Adjusted EBITDA (million USD) +37.3% YoY 21.7 22.3 +12.9% QoQ 12.4 14.0 10.2 8.8 11.6 (3.4) (2) (3) (4) Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2019 2020 2020 2020 2020 2021 2021 2021 Distributions paid to Aimia (million CAD) Temporarily suspended
Slide 12: PLM financial metrics
INVESTMENT HIGHLIGHTS PLM FINANCIAL METRICS* (in millions of U.S. dollars, unless otherwise noted) Operational Metric Q3 2021 Q3 2020 9M 2021 9M 2020 Enrolled members 7.3 6.9 7.3 6.9 Financial Results Q3 2021 Q3 2020 9M 2021 9M 2020 Gross Billings 49.6 26.3 129.5 110.6 Revenue 45.4 27.1 122.7 105.7
Slide 13: Kognitiv financial metrics
INVESTMENT HIGHLIGHTS KOGNITIV FINANCIAL METRICS* Revenue(1) (million CAD) 21.3 17.8 14.4 13.1 14.0 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Adjusted EBITDA(1)(2) (million CAD) (5.7) (8.5) (10.0) (11.4) (12.0) Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 *This presentation contains both IFRS and non-GAAP
Slide 14: Mittleman Investment Management
INVESTMENT HIGHLIGHTS MITTLEMAN INVESTMENT MANAGEMENT Assets Under Management (million CAD) 201.4 230.3 244.8 226.9 199.8 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Revenue from investment management fees (million CAD) (1) 0.9 0.7 0.4 0.4 0.5 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Earnings (loss) befo
Slide 15: Clear Media
INVESTMENT HIGHLIGHTS CLEAR MEDIA • Clear Media is the largest outdoor advertising firm in China with a Key Highlights: network of over 61,000 display panels covering 24 cities as of June • In May 2020, Aimia invested 30, 2021. $76.2 million to acquire 58,774,450 common shares of • The company has c
Slide 16: Financial highlights
FINANCIAL highlights STEVE LEONARD
Slide 17: Consolidated financial results
FINANCIAL HIGHLIGHTS CONSOLIDATED FINANCIAL RESULTS (in millions of Canadian dollars) Consolidated Financial Results Q3 2021 Q3 2020 9M 2021 9M 2020 Share of net loss of equity-accounted investments (1.7) (0.2) (8.5) (1.7) Net change in fair value of investments in equity instruments 7.9 (1.5) 17.4
Slide 18: Holdings segment results
FINANCIAL HIGHLIGHTS HOLDINGS SEGMENT RESULTS* (in millions of Canadian dollars) Q3 2021 Q3 2020 9M 2021 9M 2020 Share of net loss of equity-accounted investments (1.7) (0.2) (8.5) (1.7) Net change in fair value of investments in equity instruments 7.9 (1.5) 17.4 3.1 Interest and dividend income 0.3
Slide 19: Movements in cash and cash equivalents
FINANCIAL HIGHLIGHTS MOVEMENTS IN CASH AND CASH EQUIVALENTS* (in millions of Canadian dollars) (1) (1) (2) *This presentation contains both IFRS and non-GAAP financial measures. Non-GAAP financial measures are defined and reconciled to the most comparable IFRS measures in our MD&A. See caution regar
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Slide 21: Investor relations contact
INVESTOR RELATIONS CONTACT Tom Tran, MBA Head of Investor Relations and Communications Phone: +1 647 208 2166 Email: tom.tran@aimia.com www.aimia.com