Ntaw Holdings Limited. · ASX:NTD

Ntaw — National Tyre & Wheel — Shareholder Meeting (October 2019)

26 slides from Ntaw's shareholder meeting presentation, Oct 28, 2019

1. Slide 1: 2019 Annual General Meeting and Presentations

   National Tyre & Wheel Limited PH: (07) 3212 0950 | FAX: 07 3212 0951 30 Gow Street, Moorooka QLD 4105 PO Box 101, Moorooka QLD, 4105 ABN 97 095 843 020 For personal use only ASX Announcement 28 October 2019 2019 Annual General Meeting and Presentations National Tyre & Wheel Limited (ASX: NTD) (‘the

2. Slide 2: Chairman's Address

   Chairman’s Address For personal use only 2019 Annual General Meeting of National Tyre & Wheel Limited (ACN 095 843 020) 28 October 2019 Good morning and welcome to National Tyre and Wheel Limited’s 2019 Annual General Meeting. The 2019 financial year was a disappointing one for the Group. While the

3. Slide 3: Chairman's Address (closing)

   I am very pleased to be working with a very talented and committed Board and I thank them for the contribution they have all made over the past 12 months. For personal use only I would also like to thank our staff, customers, suppliers and shareholders for the support they have delivered over the pa

4. Slide 4: 2019 Annual General Meeting

   For personal use only 2019 Annual General Meeting 1

5. Slide 5: Important Information and Disclaimer

   Important Information and Disclaimer For personal use only  This presentation may contain certain unaudited financial information in relation to National Tyre & Wheel Limited (NTD or the “Company”). As such, it has not been subject to an audit or an audit process or otherwise independently verified

6. Slide 6: FY Results Highlights

   FY 19 Results Highlights For personal use only FY19 EBITDA of $12.8 million (ahead of May 2019 guidance) Underlying EBITDA for Volumes adversely affected by negative consumer sentiment, with impacts FY2019 is $13 million particularly felt by premium products. after adjusting for unrealised foreign G

7. Slide 7: FY Financial Results

   FY 19 Financial Results For personal use only FY19 EBITDA: $12.8 million compared to FY18 Pro Forma EBITDA of $16.9 million FY19 NPATA: $7.97 million compared to FY18 Pro Forma NPATA of $10.7 million. FY19 Revenue (including Statewide): $168.4 million compared to FY18 Pro Forma (excluding Statewide)

8. Slide 8: Valuation

   Valuation For personal use only At $0.40 Price earnings ratio (FY19) 6.4 National Tyre & Wheel Limited Yield (FY19 Div.) 12%* ASX: NTD NTA per share (30/6) $0.49 Share price – last 12 months Net assets per share $0.69 * Yield excluding the special dividend: 8.25% Grossed up for franking credits: Nor

9. Slide 9: For personal use only

   2 = © @ Q = © ‘= O D — @ a. — © UL

10. Slide 10: Surplus capacity in Asia

    Surplus capacity in Asia For personal use only 7

11. Slide 11: For personal use only

    For personal use only

12. Slide 12: Focus on OE products

    Focus on OE products For personal use only Cooper Tire Company Data 9

13. Slide 13: 4WD tyre of choice - 2nd Stage manufacture

    4WD tyre of choice - 2nd Stage manufacture For personal use only 10

14. Slide 14: Changing consumer purchase pathways

    Changing consumer purchase pathways For personal use only 11

15. Slide 15: Tyre specialty retail trends

    Tyre specialty retail trends For personal use only Independents ? Non Aligned Chains Manufacturer Owned/Franchise Other Independent Tyre Shops

16. Slide 16: More near source procurement

    More near source procurement For personal use only 13

17. Slide 17: Products with different price points

    Products with different price points For personal use only 14

18. Slide 18: Synergies … logistics

    Synergies … logistics For personal use only New ETD/Dynamic warehouse Dandenong Vic. 15

19. Slide 19: Synergies - expanding Statewide

    Synergies - expanding Statewide For personal use only 16

20. Slide 20: Pushing into the SUV Segment

    Pushing into the SUV Segment For personal use only 17

21. Slide 21: New customer/consumer loyalty SA

    New customer/consumer loyalty SA For personal use only 18

22. Slide 22: Continued growth in wheels

    Continued growth in wheels For personal use only 19

23. Slide 23: FY20 Key Strategic Initiatives

    FY20 Key Strategic Initiatives For personal use only More products at more price points Invest in Customer Care Centre and an online ecosystem Increase supplier support New products (especially wheels, RT patterns and SUV) Expand our distribution footprint 20

24. Slide 24: FY20 Key Strategic Initiatives

    FY20 Key Strategic Initiatives For personal use only Roll out wheel expansion in NZ and South Africa, + new wheels Synergy capture – logistics, cross selling (e.g. budget tyres, MPC) Dynamix loyalty program in South Africa Brand building – especially in the SUV category Remain engaged with M&A prosp

25. Slide 25: FY20 Outlook

    FY20 Outlook For personal use only Market conditions unlikely to improve FY20 earnings not expected to ETD Australia most affected, TLS and MPC less so be materially better or worse than FY19 FY20 is a transitional year – Strategic initiatives to deliver returns in Q4 and FY21 heading for growth in

26. Slide 26: Questions

    For personal use only Questions 23

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