Visa Inc. · NYSE:V
Visa — Shareholder Meeting (April 2009)
9 slides from Visa's shareholder meeting presentation, Apr 21, 2009
Slide 1: Visa Inc. 2008 Annual Meeting of Stockholders
Visa Inc. 2008 Annual Meeting of Stockholders April 21, 2009 Joe Saunders Chairman and Chief Executive Officer
Slide 2: Safe Harbor Reminder
Safe Harbor Reminder The following materials and management’s discussion of them may contain “forward- looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements can be identifi
Slide 3: What is Visa?
What is Visa? What We Are What We Are Not • Branded payment services • Credit card issuer company • Lender • Largest payments network • Exposed to consumer company in the world* credit risk • Processing and product technology provider Payments technology services company for financial institutions a
Slide 4: The Center of Electronic Payments
The Center of Electronic Payments Acquirers 16,400+ financial institutions Issuers Merchant Card Processors Processors 55 billion total transactions 30 million $4.3 trillion in total volume global merchant 1.7 billion outlets1 cards Merchants Cardholders 1 Includes merchant outlets in Visa Europe re
Slide 5: Progress Since IPO
Progress Since IPO Continued global growth Generated operational efficiencies Strengthened management team Grew existing relationships and won new business • RBS/Citizens, HSBC, Citi • Enhanced our client service organization Launched Visa’s first global advertising campaign Delivered on or exceeded
Slide 6: Fiscal Year 2008 Results
Fiscal Year 2008 Results Adjusted Net Income ($ millions) Adjusted Diluted EPS 37% Growth $2.25 $1,749 $1,051 2007 2008 2008 Source: Visa Inc. Fiscal 2008 Earnings Results *Visa Inc. had no operations prior to the reorganization on Oct 1, 2007. In order to provide insight into our operating results,
Slide 7: Visa: Well Positioned for Long-Term Growth
Visa: Well Positioned for Long-Term Growth Secular shift to electronic payments Global diversity • Emerging markets show resilience Diverse product offerings • Global debit leadership • Growth of non-discretionary – “everyday” – spending • Drive product penetration globally Resilient products 7
Slide 8: Maximized Stockholder Value
Free Cash Flow Will Fund Future Growth and Return Cash to Stockholders Return Excess Cash Grow Core Business to Stockholders • Capture secular growth • Dividends • Fund new products • Share repurchases • Pursue selective acquisitions Maximized Stockholder Value 8
Slide 9: Visa Inc. 2008 Annual Meeting of Stockholders
Visa Inc. 2008 Annual Meeting of Stockholders April 21, 2009 Joe Saunders Chairman and Chief Executive Officer