Procter & Gamble Company (the) · NYSE:PG
Procter & Gamble Company (the) — Proxy Contest (August 2017)
52 slides from Procter & Gamble Company (the)'s proxy contest presentation, Aug 9, 2017
Slide 1: All Employee Webcast August 3, 2017
All Employee Webcast August 3, 2017
Slide 2: Our strategy is working
Our strategy is working
Slide 3: Fiscal Year 2017 Results
Fiscal Year 2017 Results Going-in Targets Results Sales Growth1 ~2% +2% Core EPS mid-single Growth digits +7% Cash 90% Productivity2 or better 94% 1: Organic Sales, 2: Adjusted Free Cash Flow Productivity
Slide 4: Top-line Acceleration of 10 Product Categories and SMO Regions
Top-line Acceleration 8 of10 6 of 6 Product SMO Categories Regions
Slide 5: AMJ Results
AMJ Results 2% 8% 125% 1 Core EPS Cash Sales Growth 2 Growth Productivity 1: Organic Sales, 2: Adjusted Free Cash Flow Productivity
Slide 6: Top Countries Growing Share
Top 20 Countries Growing Share Top 30 Markets 50% Growing 11 10 9 9 8 7 7 3 JAS 15 OND 15 JFM 16 AMJ 16 JAS 16 OND 16 JFM 17 AMJ 17 P3M
Slide 7: Brand Country Combinations Growing
Brand Country Combinations GROWING KEY MEASURES Category Value Household Organic After-tax 59 Growth Share Penetration Sales Profit 25 15 14/15 15/16 16/17* *thru March 2017
Slide 8: P&G All in to Win
In A . M | PeG Allin toWiN
Slide 9: P&G people are raising the bar to deliver
P & G people are rainsing the bar to deliver
Slide 10: Winning Examples: Global Value Share
Winning Examples 40 Global Value Share 35 30 P&G 25 KC 20 15 UC 10 5 0 June May 2014 2017
Slide 11: Winning Examples: Sales Growing Penetration
Winning Examples Sales Growing Penetration 29% 44% 55% 9% 76% 5% 61% 32% 51% Growing Flat 16% 13% Declining 8% FY 14/15 FY 15/16 FY 16/17 FY 17/18 Projected
Slide 12: Winning Examples: Sales Growing Penetration
Winning Examples Sales Growing Penetration 41% 48% 60% 63-68% 24% 15% 11% Growing 15-20% 35% 37% Flat 28% Declining 12% FY 14/15 FY 15/16 FY 16/17 FY 17/18 Projected
Slide 13: Winning Examples: Japan fabric care
Winning Examples Japan fabric care
Slide 14: Winning Examples: Brazil
Winning Examples Brazil
Slide 15: Winning Examples: Ariel pods Germany
Winning Examples Ariel pods ? germany
Slide 16: Winning Examples: Canada Loblaws
Winning Examples Canada loblaws
Slide 17: Winning Examples: DayQuil
Winnibg Examples iJ DayQuil
Slide 18: P&G diversity & inclusion
P&g diversity & inclusion
Slide 19: The gold standard in moisture: Pantene Gold Series
The gold standard in moisture pantene gold series developed by scientists perfected by stylists
Slide 20: Consumer testimonial on Pantene
I’m a beautiful woman of color who loves Pantene!!! I wanted to let you know that I have thick curly hair and it responds beautifully to the co-wash, conditioner, and the hydrating oil!! The butter cr?me also work so well and a little goes a long way!! You guys seriously ROCK!
Slide 21: Stay focused on executing the plan that is working
STAY FOCUSED ON EXECUTING THE PLAN THAT IS WORKING
Slide 22: Trian: no new actionable ideas and no compelling rationale for a board seat
Trian: no new actionable ideas and no compelling retionale for a board seat
Slide 23: What is a proxy contest?
WHAT IS A PROXY CONTEST?
Slide 24: Who is Nelson Peltz?
WHO IS NELSON PELTZ?
Slide 25: Quote: Jeffrey Sonnenfeld on Peltz's performance and motives
He is a smart, talented, insightful and experienced professional. I believe, however, that his PERFORMANCE IS UNEVEN, and his MOTIVES ARE TOO SHORT-TERM-ORIENTED. —Jeffrey Sonnenfeld Yale School of Management Quote from article on CBS MoneyWatch by Jonathan Berr July 18, 2017. Permission to referenc
Slide 26: Quote: Andrew Ross Sorkin on Peltz as activist
Whatever the case, what?s clear is this: Mr. Peltz, despite hating the moniker, is VERY MUCH AN ACTIVIST. And Procter & Gamble, which very well may merit a bit of pressure, SHOULDN?T BE FOOLED ABOUT HIS INTENTIONS. —Andrew Ross Sorkin NYT and CNBC Quote from article in New York Times by Andrew R
Slide 27: Don't risk derailing progress
Don?t risk derailing progress
Slide 28: Nothing incremental has been offered
Don?t risk derailing progress 1 NOTHING INCREMENTAL has been offered
Slide 29: Views are based on outdated information
Don?t risk derailing progress 1 NOTHING INCREMENTAL has been offered 2 Views are based on OUTDATED INFORMATION
Slide 30: 'Why not?' is not a compelling rationale
Don?t risk derailing progress 1 NOTHING INCREMENTAL has been offered 2 Views are based on OUTDATED INFORMATION 3 ?WHY NOT?? is not a compelling rationale
Slide 31: Your board is experienced, engaged, and diverse
Your board is experienced, engaged, and diverse they are agents of change.
Slide 32: Board of Directors
Board of Directors Frank Angela Amy Ken Scott Terry Blake Braly Chang Chenault Cook Lundgren Jim David Meg Pat Ernesto McNerney Taylor Whitman Woertz Zedillo
Slide 33: Board expertise and skills
Leadership, Strategy & Risk Management Digital, ALL Consumer Technology & Industry / Innovation Retail Expertise & Skills Government / International Regulatory Finance Transformation
Slide 34: Vote for the plan that is working! Vote the blue proxy card
Vote for the plan that is working! Vote the blue proxy card.
Slide 35: Your vote matters! Vote the blue proxy card
YOUR VOTE MATTERS! VOTE THE BLUE PROXY CARD If you have any questions about how to vote your shares, or need additional assistance, please contact our proxy solicitors, D.F. King & Co., Inc. at (877) 361.7966 or MacKenzie Partners, Inc. at (800) 322.2885.
Slide 36: Proxy solicitor contact information
If you have any questions about how to vote your shares, or need additional assistance, please contact our proxy solicitors, D.F. King & Co., Inc. at (877) 361.7966 or MacKenzie Partners, Inc. at (800) 322.2885.
Slide 37: Slide 37
Slide 38: P&G All in to Win
In A . M | PeG Allin toWiN
Slide 39: Building a better P&G
Building a better P & G
Slide 40: FY 17/18 Guidance
FY 17/18 Guidance 2-3% 5-7% 90%+ 1 Core EPS Cash Sales Growth 2 Growth Productivity 1: Organic Sales, 2: Adjusted Free Cash Flow Productivity
Slide 41: Raising the Bar: New Standard of Excellence
Raising the Bar New Standard of Excellence Irresistibly Irresistibly Superior Superior Superior Consumer Superior Superior Brand Retail & Customer Products Packaging Communication Execution Value Equations
Slide 42: Raising the Bar | Product Superiority
Raising the Bar | Product Superiority
Slide 43: Raising the Bar | Package Superiority
Raising the Bar | Package Superiority
Slide 44: Raising the Bar | Communication
Raising the Bar | Communication
Slide 45: Raising the Bar | In-Store Execution
Raising the Bar | In-Store Execution
Slide 46: Raising the Bar | Value
Raising the Bar | Value
Slide 47: Fueled by Productivity
Fueled by Productivity Productivity Investment Growth & Value Creation $10BN
Slide 48: Enabled by Organization & Culture
ENABLED BY ORGANIZATION & CULTURE
Slide 49: Personal Accountability, Raise the Bar, Straight Talk
Personal Accountability Raise the Bar Straight Talk
Slide 50: Slide 50
Slide 51: Raise the Bar on Winning to Deliver Balanced Growth and Value Creation
Raise the Bar on WINNING to Deliver Balanced Growth and Value Creation
Slide 52: P&G All in to Win
P&G ALL IN TO WIN Employee Webcast Modified for Posting: August 3, 2017