Slide 1: Proposed Acquisition of Xenith IP
For personal use only Proposed Acquisition of Xenith IP 12th April 2019 www.iphltd.com.au 1
Slide 2: Disclaimer
For personal use only Disclaimer This document has been prepared by IPH Limited (IPH) and comprises written materials/slides for a presentation No representation, warranty or assurance (express or implied) is given or made by IPH that the forward looking concerning IPH and its proposal to acquire Xe
Slide 3: Proposed Acquisition of Xenith IP
For personal use only Proposed Acquisition of Xenith IP Overview Offer terms • IPH and Xenith have entered into a Scheme Implementation Deed under which it is • Conditions include termination of the QANTM scheme implementation deed, the Independent proposed IPH will acquire all of the shares in Xeni
Slide 4: Benefits for Xenith shareholders
For personal use only Benefits for Xenith shareholders Compelling value and flexibility in the mix of cash and scrip consideration Benefits for Xenith shareholders Compelling offer premium Significant premium to recent trading in Xenith shares 42% 73% 71% 12% $2.15 Share in the potential benefits th
Slide 5: Benefits for Xenith and its employees
For personal use only Benefits for Xenith and its employees Vision for the combined group Australian IP firm with a true regional footprint • Leading IP services provider in secondary IP markets • IPH has an established and substantial Asian geographic platform in which it has • Draw on the strength
Slide 6: 'Mix and Match' facility
For personal use only ‘Mix and Match’ facility Under the “Mix and Match” facility 1. Standard Consideration • Comprising $1.28 cash and 0.1261 IPH shares per Xenith share Xenith shareholders may elect to • A mix of approximately 60% cash and 40% IPH shares, as at 5 April 2019 receive in exchange for
Slide 7: Benefits for IPH shareholders
For personal use only Benefits for IPH shareholders Consistent with IPH’s strategy to pursue acquisitions with strategic and financial merit Strategic rationale Financial rationale Unique domestic acquisition opportunity to acquire leading Immediately EPS accretive to IPH earnings domestic brands wi
Slide 8: Combined Group overview
For personal use only Combined Group overview Asia Pacific’s leading IP services group 1000+ Employees 25.5K+ 440+ Patent Filings2 Professional staff 1 $350m+ 9.5K+ Revenue (FY18) Trade Mark Filings2 1. Inclusive of Principals. 2. Approximate. Total CY18 figures for Patents & Trade Marks respectivel
Slide 9: Leveraging IPH's established Asia Pacific platform
For personal use only Leveraging IPH’s established Asia Pacific platform Significant opportunities for the combined group with Xenith’s top tier client base China Hong Kong Indonesia IPH has an established and substantial Asia Pacific geographic platform and Malaysia 20 years experience in the regio
Slide 10: Complementary service offerings
For personal use only Complementary service offerings IPH and Xenith are XIP Service Locations IPH Service Locations complementary in IP Services terms of our key Australia/New Zealand service offerings as Patents Australia + Asia full service patent Australia/New Zealand Trade Marks Australia + Asi
Slide 11: Strong track record of acquisitions
For personal use only Strong track record of acquisitions IPH has a strong track record of successfully completing and integrating acquisitions IPH has a strong track record of successfully completing acquisitions with a high rate of retention of ex- vendor Principals April 2019 | www.iphltd.com.au
Slide 12: We value our people
For personal use only We value our people Culture and values that focus on clients, rewarding performance and providing career growth opportunities for our people Note: Figures for the IPH Group, approximate as at 4th quarter FY18 April 2019 | www.iphltd.com.au 12
Slide 13: Our culture underpins our success
For personal use only Our culture underpins our success Each business within the IPH IPH is committed to building and growing a thriving business for the future Group has its own distinct IPH’s success is underpinned by key drivers and values. These have fostered sustainable culture aligned to the G
Slide 14: Our story
For personal use only Our story IPH is a leading intellectual property (IP) professional services group in the Asia-Pacific region. As the first IP services group to list on the Australian Securities Exchange in 2014, IPH has always had an eye towards the future. From our foundation and listing, IPH