Slide 1: Market Announcement
Computershare Limited ABN 71 005 485 825 Yarra Falls, 452 Johnston Street Abbotsford Victoria 3067 Australia PO Box 103 Abbotsford Victoria 3067 Australia Telephone 61 3 9415 5000 Facsimile 61 3 9473 2500 MARKET ANNOUNCEMENT For personal use only www.computershare.com Date: 11 November 2015 To: Aust
Slide 2: 2015 Annual General Meeting
2015 ANNUAL For personal use only GENERAL MEETING
Slide 3: Chairman's address
2015 ANNUAL For personal use only GENERAL MEETING Chairman’s address Chris Morris
Slide 4: Board changes
Chairman’s address Board changes For personal use only Chris Morris will step down as Chairman at the conclusion of the meeting. Chris will remain on the Board as a director subject to his re-election at this meeting. Simon Jones, currently Lead Independent Director, has been appointed to the positi
Slide 5: Computershare's history
Computershare’s history For personal use only 1978 > Founded in Melbourne, Australia 1994 > Listed on ASX with a market cap of AUD 36 million Key acquisitions > EY and KPMG registrars (AU) > Transformed from bureau to full service offering > RBS registry 1995-2000 > Initiated global expansion > Harr
Slide 6: Computershare today
Computershare today For personal use only Market cap of AUD 20 16,000 15,000+ ~6 billion countries clients employees 125 million 17.3 million 500+ million USD 535 billion shareholders calls handled by our call customer in dividend and interest and participants centres each year interactions/transact
Slide 7: Chairman elect
Chairman elect Simon Jones - M.A. (Oxon), A.C.A. For personal use only Skills and experience › Simon is a chartered accountant with extensive experience in investment advisory, valuations, mergers and acquisitions, public offerings, audit and venture capital. Simon is a Director of Canterbury Partne
Slide 8: CPU share price performance vs. ASX
CPU share price performance vs. ASX 200 For personal use only Chris Morris as CEO Chris Morris as Chairman CPU share price CPU share price + 7278% + 31.5% ASX 200 ASX 200 + 165% - 3.3% May 1994 (IPO date) – November 2006 November 2006 – November 2015 7
Slide 9: Changes to Board Committees
Changes to Board Committees For personal use only Tiffany Fuller will replace Simon Jones as Chair of the Risk and Audit Committee Joe Velli will replace Nerolie Withnall as Chair of the Remuneration Committee Nerolie Withnall resigned as a director on 10 June 2015 8
Slide 10: CEO's address
2015 ANNUAL For personal use only GENERAL MEETING CEO’s address Stuart Irving
Slide 11: Financials: FY2015 recap
Financials FY2015 recap For personal use only MANAGEMENT EBITDA TOTAL Actual Constant OPERATING Constant Currency REVENUE Currency $554.1m $569.1m $2,051.8m up 2.5% up 5.3% Actual up 1.4% $1,976.1m down 2.3% MANAGEMENT EARNINGS PER SHARE (EPS) Constant Currency 61.39 cents Actual up 1.9% 59.82 cents
Slide 12: Dividend
Dividend For personal use only DIVIDEND PER SHARE FY2015 31 The Company paid a final dividend of AUD 16 FY2014 29 cents per share on 15 September 2015 This follows the interim FY2013 28 dividend of AUD 15 cents per share paid in March In AUD cents 2015, totalling AUD 31 cents for the year FRANKING %
Slide 13: FX translation impact
FX translation impact Management EPS – USD vs. AUD For personal use only › In all operating jurisdictions our revenue currency matches our cost currency › Reporting in USD inherently reduces FX translation volatility, given material contribution of US businesses to the Group › For Australian investo
Slide 14: FY2015 global achievements
FY2015 global achievements For personal use only 13
Slide 15: Corporate responsibility
Corporate responsibility For personal use only 14
Slide 16: Our strengths
Our strengths For personal use only Diverse and loyal customer The leading global share Leading market position in base with many of the registrar and share plans the provision of a range of world’s leading organisations administrator, and only non-discretionary services and brands choosing us. Our
Slide 17: Group strategy and priorities: Focus for FY2016
Group strategy and priorities Focus for FY2016 For personal use only Driving operational Enhancing shareholder quality and efficiency returns through effective through improved capital management and measurement, Improving front targeting compelling benchmarking and office skills to growth opportuni
Slide 18: Driving operational quality and efficiency
Group strategy and priorities Driving operational quality and efficiency For personal use only Use measurement, benchmarking and technology to reduce costs Invest in technology Extract further benefits from global service model Progress US property rationalisation project 17
Slide 19: US property rationalisation
Group strategy and priorities US property rationalisation For personal use only Current Louisville migration - estimate of cost savings and one-off project costs to achieve › Expected project costs - USD 85-90 million › Expected annual cost savings - USD 25-30 million › Anticipated payback period -
Slide 20: Front office initiatives – driving organic growth
Group strategy and priorities Front office initiatives – driving organic growth For personal use only › We are taking our analytic measurement and expertise from our daily operations and applying it to our front office to accomplish the following: Win new business Defend and grow our existing busine
Slide 21: Capital management - Share buy-back
Group strategy and priorities Capital management - Share buy-back For personal use only › The Company announced on 18 August 2015 an on-market buy-back having an aggregate value of up to AUD 140 million. › As at 10 November 2015, the Company had acquired 4,234,040 shares for a total consideration of
Slide 22: Simplifying and improving asset portfolio
Group strategy and priorities Simplifying and improving asset portfolio For personal use only In June 2015 ConnectNow, part of the Serviceworks group of assets, was sold Post 30 June 2015 the Company sold the Russian business and VEM, a German Corporate Actions Bank In August 2015 the Company announ
Slide 23: Improving asset portfolio – Gilardi & Co acquisition
Group strategy and priorities Improving asset portfolio – Gilardi & Co acquisition For personal use only In line with our re-evaluated acquisition criteria and thresholds, the Gilardi acquisition demonstrates: Substantial alignment Strong anticipated return A growing market with with Computershare’s
Slide 24: Guidance: Outlook
Guidance Outlook For personal use only › In August 2015 we said that we expected the Group’s underlying business performance to be broadly similar to FY2015 but we anticipated Management EPS would be around 7.5% lower than FY2015 primarily due to the dual effects of the stronger USD and lower yields
Slide 25: Important Notice
Important Notice For personal use only Forward looking statements › This announcement may include 'forward-looking statements'. Such statements can generally be identified by the use of words such as 'may', 'will', 'expect', 'intend', 'plan', 'estimate', 'anticipate', 'believe', 'continue', 'objecti