National Bank Of Canada · TSX:NA
National Bank Of Canada — Shareholder Meeting (April 2016)
31 slides from National Bank Of Canada's shareholder meeting presentation, April 2016
Slide 1: Welcome
NATIONAL BANK WELCOME ANNUAL MEETING | OF THE HOLDERS OF COMMON SHARES
Slide 2: Jean Houde, Chairman of the Board
NATIONAL BANK > JEAN HOUDE a. "9 CHAIRMAN OF THE BOARD
Slide 3: Call to Order
NATIONAL BANK > cau TO ORDER a. 3
Slide 4: Appointment of Scrutineers
NATIONAL BANK APPOINTMENT OF SCRUTINEERS _
Slide 5: Attestation of Quorum
NATIONAL BANK > ATTESTATION OF QUORUM a. 3
Slide 6: Address by Louis Vachon, President and CEO
NATIONAL BANK ADDRESS BY LOUIS VACHON ue PRESIDENT AND CHIEF EXECUTIVE OFFICER
Slide 7: Founded in 1859 in Quebec City
NATIONAL w BANK Founded in 1859 in Quebec City, National Bank has been present in Montreal since 1872 It has been committed to supporting the Montreal community for almost 145 years
Slide 8: Members of the Office of the President
MEMBERS OF THE OFFICE OF THE PRESIDENT BANK LOUIS VACHON WILLIAM BONNELL DOMINIQUE FAGNOULE DIANE GIARD BRIGITTE HEBERT LYNN JEANNIOT KAREN LEGGETT LUC PAIEMENT GHISLAIN PARENT RICARDO PASCOE
Slide 9: Main Themes
MAIN THEMES i> Overview of National Bank EA> 2015 key highlights E> Changes in the business environment E¥> strategic priorities
Slide 10: An Engine of Growth: National Bank's Profile
AN ENGINE OF GROWTH National Bank's profile > Leading bank in QUebec > 2.4 million clients > 20,000 employees > 452 branches and 110 NBF offices > $216 billion in assets > Growing national and international presence > 40% of revenues are generated outside QUebec As at October 31, 2015
Slide 11: 2015 and Q1 2016
2015 AND Q1 2016 > Good operational results > Solid performance from all business lines > Growth in loan and investment volumes > Progress in our IT investments > Impact of two particular items: > Maple Bank > Loan portfolio linked to the oil and gas sector NATIONAL BANK
Slide 12: Economic Context
ECONOMIC CONTEXT — > Canadian growth forecast upgraded > 139 in 2016 and 1.9% in 2017 > Impact of the federal budget > Oil prices: gradual recovery, social and geopolitical tensions > Medium term: > Moderate economic growth > Periods of significant market volatility > Technological transformation
Slide 13: Drivers for Growth
DRIVERS FOR GROWTH | > Technology investments > Develop our multi-channel service offering > Canada-wide expansion > Continue to grow our activities in target markets > International development > Gradually and selectively acquire equity interests
Slide 14: Technology Investments: Digital Solutions
[E> TECHNOLOGY INVESTMENTS DIGITAL SOLUTIONS BANK Major investments and tangible benefits > Sharp increase in mobile usage - Up almost 50% year over year NATIONAL BANK > Several new features will be added over the = coming months —______ Client Contact Centres > Phased deployment of our Customer Rel
Slide 15: Technology Investments: State-of-the-Art Branches
[E> TECHNOLOGY INVESTMENTS STATE-OF-THE-ART BRANCHES “ > New branch concepts centred on advisory services and technology > Next-generation ABMs > Meet today's needs > Example: Griffintown
Slide 16: Canada-Wide Expansion
> CANADA- WIDE EXPANSION BUILDING ON OUR STRENGTHS > Commercial Banking - specialized markets > Weal > Pr th Management - Western Canada vate Banking 1859: new branches in Calgary and Vancouver > National Bank Financial: success of pilot projects > Finan > # > #l cial markets or government financing
Slide 17: International Development
> INTERNATIONAL DEVELOPMENT A STRUCTURED APPROACH _ > Specific investment criteria > Seeking out strong regional players > Selective acquisition of equity interests ~~ - NSIA Bank & Insurance ay
Slide 18: Talent Management
TALENT MANAGEMENT = > Ongoing commitment to employee training and engagement > Culture of collaboration and embracing change > The human element will remain a key differentiator in the banking industry > Relationships are particularly important during times of major technological changes &
Slide 19: Helping to Address Social Issues: Demographics
HELPING TO ADDRESS SOCIAL ISSUES BANK > The integration of newcomers to Canada DEMOGRAPHICS > occurs on three levels: > Family, education, work Aon. BESTEMPLOYER GOLD | CANADA | 2016 > National Bank is taking action and is recognized for the diversity of its workforce: > 60 cultural communities e e
Slide 20: Helping to Address Social Issues: Entrepreneurship
NATIONAL BANK HELPING TO ADDRESS SOCIAL ISSUES ENTREPRENEURSHIP > Our commitment to entrepreneurship continues > Ecole d’entrepreneurship de Beauce, the Pond-Deshpande Centre, Ulule, Notman House, oj: }cReaTives Adrenalys, Fail Camp, ete. cevTrepgyNeuaste > Active contribution to forging ties be the
Slide 21: Conclusion
CONCLUSION NATIONAL > The Bank delivered a solid performance in 2015 >| would like to thank our shareholders, clients, employees and partners who, year after year, contribute to the Bank's SUCCeSS
Slide 22: Consolidated Financial Statements and Independent Auditor's Report
NATIONAL BANK CONSOLIDATED FINANCIAL STATEMENTS AND | INDEPENDENT AUDITOR’S REPORT
Slide 23: Review of General Practices Governing Voting
NATIONAL BANK REVIEW OF GENERAL PRACTICES GOVERNING ue VOTING
Slide 24: Business of the Meeting
NATIONAL Annual meeting of the holders of BANK Common Shares of National Bank of Canada April 35, Montreal, Quebec Business of the meeting 1, Calltoorder 2. Appointment of serutineers 3+ Attestation of quorum 4 Address by the President end Chief Executive officer Consolidated financial statements ‘a
Slide 25: Election of Directors
NATIONAL BANK > ELECTION OF DIRECTORS a. "7
Slide 26: Election of Directors
ELECTION OF DIRECTORS JEAN HOUDE RAYMOND BACHAND MARYSE BERTRAND ANDRE CAILLE GILLIAN H. DENHAM KAREN KINSLEY ANDREE SAVOIE JULIE PAYETTE PIERRE THABET NATIONAL BANK PIERRE BOIVIN RICHARD FORTIN LINO A. SAPUTO, JR. LOUIS VACHON
Slide 27: Approach with Respect to Advisory Vote on Executive Compensation
NATIONAL BANK APPROACH WITH RESPECT TO ADVISORY VOTE ON THE | EXECUTIVE COMPENSATION
Slide 28: Appointment of Independent Auditor
NATIONAL BANK APPOINTMENT OF INDEPENDENT AUDITOR a
Slide 29: Question Period
NATIONAL BANK > ouestion PERIOD a. "a
Slide 30: Voting Results
NATIONAL BANK > VOTING RESULTS a. "7
Slide 31: Termination of the Meeting
NATIONAL BANK > TERMINATION OF THE MEETING a. 3
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