Perpetual Limited · ASX:PPT
Perpetual — Shareholder Meeting (October 2005)
16 slides from Perpetual's shareholder meeting presentation, Oct 18, 2005
Slide 1: 2005 Annual General Meeting
2005 Annual General Meeting Managing Director's Address to Shareholders 18 October 2005 repens
Slide 2: Wealth Management - growth in EBITDA or cash earnings
Wealth Management - growth in EBITDA or cash earnings 2005 2004 Change $m % Wealth Management 115.4 26 Perpetvaip
Slide 3: Wealth Management - continued healthy asset growth
Wealth Management - continued healthy asset growth Perpetual investments Perpetual Private Clients Funds under management Funds under advice, administration up 23 per cent and trust up 11 per cent $30B - $12B> 26.7 25-7 107 21.7 20-4 19.4 i | 17.4 15.6 | 1575 [ Jun Jun Jun) Jun Jun Jun Jun Jun) Jun
Slide 4: Award winning investment teams
Award winning investment teams Best Rated Growth Fund i ~=Best Fund Manager tl Reader's Choice Award for Best Fund Manager Australian Share Fund of the Year Balanced Superannuation Fund of the Year Fund Manager of the Year 2004 Australian Equities Fund Manager of the Year 2004 Muiti Sector Fund Mana
Slide 5: Corporate Trust - growth in EBITDA or cash earnings
Corporate Trust - growth in EBITDA or cash earnings 2005 2004 Change $m % Corporate Trust 25.9 17 Perpetvaip
Slide 6: Corporate Trust - continued healthy asset growth
Corporate Trust - continued healthy asset growth Perpetual Corporate Trust Funds under administration 50B 5 up 28 per cent 144.3 112.4 _ 1004 87.1 52.3 507 0 Jun Jun Jun 01 02 05 Perpetvaip
Slide 7: Our strategic priorities
Our strategic priorities 1. Develop a more balanced portfolio 2. Develop new growth engines 3. Fully engage our people to deliver our strategy Perpetvaip
Slide 8: Our four sources of competitive advantage
Our four sources of competitive advantage 1. The management of fund management teams, philosophies and processes 2. Strong relationships with the financial planning community 3. A trusted brand 4. Along history of providing fiduciary services to corporates and individuals Perpetvaip
Slide 9: Credit funds management
Strategic overview in 2005 Credit funds management m Late 2004 Hiring of experienced credit team and launched a range of credit funds m To June 2005 Strong net inflows of over $700 million in year m Since June 2005 Funds under management increased by a further $700 million to $1.4 billion Perpetvaip
Slide 10: Global equities funds management
Strategic overview in 2005 Global equities funds management Established Dublin-based global equities business with hiring of experienced team Granted regulatory licence - transfer of $1.8 billion funds under management to PIIML Opened London office Initial clients include Irish Life pic, van Eyk - s
Slide 11: Property funds management
Strategic overview in 2005 Property funds management i Entry into the direct property funds management market with the recruitment of a highly experienced direct property team m Provision of wholesale and retail direct unlisted property products im Acquisition of additional 50 per cent interest in P
Slide 12: Perpetual Private Clients
Strategic overview in 2005 Perpetual Private Clients m Wilson Dilworth merged into Perpetual Private Clients m Completed implementation of a more efficient business model for Perpetual Private Clients Perpetvaip
Slide 13: Corporate Trust
Strategic overview in 2005 Corporate Trust im New international marketing arrangement with Citigroup im Investment in underlying infrastructure to enable a more effective service delivery to market Group i Supplier cost management program implemented to achieve the best quality and cost outcomes for
Slide 14: People engagement
Strategic overview in 2005 People engagement m New remuneration policy (Chairman of the Human Resources and Remuneration Committee to describe) i integration of Sydney headquarters into single premises at Angel Place Perpetvaip
Slide 15: Sale of non-core assets
Strategic overview 2005 Sale of non-core assets m December 2004 Symetry im =March 2005 39 Hunter Street building im August 2005 ASX Perpetual Registrars Perpetvaip
Slide 16: Looking ahead to 2006
Looking ahead to 2006 m Our core businesses are growing well; tn \Ve have taken and continue to take a proactive, long-term and strategic approach to managing the future well being of our organisation; and m We have delivered a strong result while also managing to fund growth through strategic initi