Slide 1: Cochlear Limited 2017 Annual General Meeting
10/16/2017 For personal use only Cochlear Limited 2017 Annual General Meeting 17 October 2017 Cochlear Limited 2017 Annual General Meeting Rick Holliday-Smith Chairman 1
Slide 2: Board of directors; cochlear implants recognised by WHO
10/16/2017 Cochlear Board of directors For personal use only Rick Holliday-Smith Chris Smith Prof Ed Byrne, AC Chairman Chief Executive Officer Director Yasmin Allen Glen Boreham, AM Alison Deans Director Director Director Donal O’Dwyer Andy Denver Prof Bruce Robinson, AM 3 Director Director Directo
Slide 3: Importance of hearing health as we age; Retirement of Chris Smith
10/16/2017 Importance of hearing health as we age For personal use only • Higher incidence of hearing loss in seniors (over 65s) • Growing understanding of the link between high levels of hearing loss and social isolation, depression and cognitive decline • Increasing our investment in research, hea
Slide 4: FY17 – Result highlights
10/16/2017 For personal use only Cochlear Limited 2017 Annual General Meeting Chris Smith Chief Executive Officer FY17 – Result highlights Strong momentum across the business • CC sales revenue 12% with strong H2 momentum, 15% in CC • CC Services revenue 10% and CC Acoustics revenue 26% • Co
Slide 5: Cochlear's executive operating committee
10/16/2017 Cochlear’s executive operating committee For personal use only Chris Smith Dig Howitt Brent Cubis Tony Manna Richard Brook Chief Executive Officer President Chief Financial Officer President, North America President, European Region Anthony Bishop Jan Janssen President, Asia Pacific Regio
Slide 6: Hearing loss market opportunity
10/16/2017 Hearing loss market opportunity For personal use only 360,000,000 Over 5% of the world’s population - 360 million people - has disabling hearing* loss (328 million adults and 32 million children). 1 1 in 3 Nearly 1 out of every 3 people over the age of 65 are affected by hearing loss. It
Slide 7: Strategic platforms
10/16/2017 Strategic platforms Cochlear aims to make implantable hearing solutions the For personal use only standard of care Focus on the Customer Grow the Build a Core Service Business Shape the Organisation Value Creation Key priorities Demand generation – turning clinical need into demand • Buil
Slide 8: Nucleus 7 Sound Processor
10/16/2017 For personal use only Cochlear Limited 2017 Annual General Meeting Jan Janssen Chief Technology Officer Nucleus 7 Sound Processor ® Made for iPhone allows users to stream sound directly to their sound processor, offering greater accessibility, connectivity and wireless solutions Nucleus 7
Slide 9: Nucleus Profile with Slim Modiolar electrode array – CI532
10/16/2017 Nucleus Profile with Slim Modiolar electrode array – CI532 For personal use only • Thinnest perimodiolar array 60% less volume compared to CA Protecting the fine structures (atraumatic design) • Consistent Perimodiolar positioning Consistent positioning close to the modiolus Close
Slide 10: Cochlear Baha System
10/16/2017 Cochlear™ Baha® 5 System Small. Smart. Powerful. For personal use only Baha 5 sound processors share the same unique technology building blocks to deliver a smart and seamless hearing experience to all patients. NEW Baha® 5 SuperPower NEW Baha® 5 Power Baha® 5 Sound Processor 19 Cochlear
Slide 11: Resolution 1.1 Financial and other reports
10/16/2017 Resolution 1.1 For personal use only Financial and other reports To receive and consider the Company’s Financial Report, the Directors’ Report and the Auditor’s Report in respect of the financial year ended 30 June 2017 and to consider and, if thought fit, to pass the following resolution
Slide 12: Resolution 2.1 Remuneration Report
10/16/2017 Resolution 2.1 For personal use only Remuneration Report To consider and, if thought fit, to pass the following non-binding resolution: 2.1 “THAT the Company’s Remuneration Report in respect of the financial year ended 30 June 2017 be adopted.” 23 Resolution 2.1 Remuneration Report Proxie
Slide 13: Re-election of directors – Andrew Denver
10/16/2017 Resolution 3.1 For personal use only Re-election of directors – Andrew Denver 3.1 “THAT Mr Andrew Denver, being a director who is retiring in accordance with the Company’s Constitution and who, being eligible, offers himself for re-election as a director of the Company, be re-elected as a
Slide 14: Re-election of directors – Rick Holliday-Smith
10/16/2017 Resolution 3.2 For personal use only Re-election of directors – Rick Holliday-Smith 3.2 “THAT Mr Rick Holliday- Smith, being a director who is retiring in accordance with the Company’s Constitution and who, being eligible, offers himself for re-election as a director of the Company, be re
Slide 15: Re-election of directors – Prof Bruce Robinson, AM
10/16/2017 Resolution 3.3 For personal use only Re-election of directors – Prof Bruce Robinson, AM 3.3 “THAT Prof Bruce Robinson, AM, being a director who is retiring in accordance with the Company’s Constitution (this being the first Annual General Meeting of the Company since his appointment by th
Slide 16: Approval of securities to be granted to the President
10/16/2017 Resolution 4.1 For personal use only Approval of securities to be granted to the President under the Cochlear Executive Incentive Plan To consider and, if thought fit, to pass the following resolution as an ordinary resolution: 4.1 “THAT approval be given to: a) the grant to Mr Dig Howitt
Slide 17: Increase maximum aggregate remuneration of non-executive directors
10/16/2017 Resolution 5.1 For personal use only Approval to increase the maximum aggregate remuneration of non-executive directors To consider and, if thought fit, to pass the following resolution as an ordinary resolution: 5.1 “THAT the aggregate maximum sum available for remuneration of non-execut
Slide 18: Notes: Forward looking statements
10/16/2017 For personal use only Cochlear Limited 2017 Annual General Meeting 17 October 2017 Notes Forward looking statements Cochlear advises that these presentation slides contain forward looking statements which may be subject to significant uncertainties outside of Cochlear’s control. No repres
Slide 19: References
10/16/2017 References For personal use only Hearing loss market opportunity slide * Disabling hearing loss refers to hearing loss greater than 40 decibels (dB) in the better hearing ear in adults and a hearing loss greater than 30 dB in the better hearing ear in children. 1. Who.int. WHO | Deafness