Melcor Developments Ltd. · TSX:MRD
Melcor Developments — Shareholder Meeting (April 2013)
32 slides from Melcor Developments's shareholder meeting presentation, Apr 25, 2013
Slide 1: 2012 Annual General Meeting
1 DEVELOPMENTS LTD. ~ > “ = ; _ a 7 j ’ 7 5 — ne Mikey: cg 2012 Annual General Meetin
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Slide 3: Agenda
AGENDA Formal Business O O O O Call to Order Presentation of Financial Statements Election of Directors Appointment of Auditors Management Presentations Q&A MELCOR ‘Om DEVELOPMENTS LTD. 1923-2013
Slide 4: Management Presentations
_ MANAGEMENT PRESENTATIONS Message from the Executive Chairman Message from the CEO Message from the President Q&A DEVELOPMENTS LTD. 1925-2013
Slide 5: Brian Baker, Message from the President
BRIAN BAKER MELCOR Oe Message from the President
Slide 6: Why Melcor
_ Why Melcor Why have you invested your hard-earned dollars in this company? Why do you stay invested? Why should you stay invested? DEVELOPMENTS LTD. 1925-2013
Slide 7: Our History
ournisoy years in business years as a public years of dividends company DEVELOPMENTS LTD. 1925-2013
Slide 8: Years of Results
45 Years of Results Dee share price neers assets 25.00 1,600,000 1,400,000 20.00 1,200,000 15.00 mo0,000 800,000 10.00 600,000 5.00 “eee 200,000 9.00 ae rT| Lulu MELCOR Gt DEVELOPMENTS LTD. 1925 2013
Slide 9: # % * !& $ !$ #% "% $'* !" # " $&* !
# % * !& $ !$ #% "% $'* !" # " $&* ! "% !% $$* ' " & !% ! $"* $ ! % $ * " % #'* " ! " !! " !" " ! " !! " !"
Slide 10: Our Present
Our Present Dee > our most 2012 Ss qe) ‘eD) > = > YW Q © \S) > YW 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0 2010 2011 ll 2012 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 ll 2010 2011 A MELC on Cy t= DEVELOPMENTS LTD. 1925 fate
Slide 11: Our People
Our People Members in Quarter Century Club 4 1923-2013
Slide 12: Our Future
Our Future | GROWTH THROUGH ) : Our PEOPLE Our ASSETS
Slide 13: Community Development
78% of 51% of Revenue Pre-tax Earnings 12,000 acres land inventory MELCOR Olt Community Development
Slide 14: Community Development
Community Development i o& Rosenthal == 560 acre Master- planned community
Slide 15: Community Development
Community Development ed JAGARE | “Sy RIDGE 160 acre Estate community
Slide 16: Community Development
Community Development Far from ordinary. 160 acre Master-planned community
Slide 17: Community Development
Community Development Greenwich 80 acre Mixed-Use
Slide 18: Property Development pipeline
“15 year pipeline 7,800,000 square feet MELCOR Olt Property Development
Slide 19: Property Development
Property Development The Village AT BLACKMUD CREEK 725,000 sf Business Campus 4 1923-2013
Slide 20: Property Development
Property Development Lt : V est Hendy 400,000 sf Mixed-Use
Slide 21: Property Development
Property Development TELFORD INDUSTRIAL PARK Th 600,000 sf Industrial Park
Slide 22: Property Development
Property Development Le ne » THE DISTRICT AT NORTH DEERFOOT 2,250,000 sf Business Campus/Industrial Park
Slide 23: Property Development
Property Development RESTAURANTS OFFICES A STONEYCREEK VILLAGE 200,000 sf Mixed-Use MELCOR ‘Os DEVELOPMENTS LTD. 1923-2013
Slide 24: Recreational Properties
Recreational Properties | oO 4 Championship Golf Courses Remaining Profitable in a Highly Competitive Market A 7) 1923-2013
Slide 25: Melcor USA
Melcor USA oO Continued focus on building our US business oO Primarily residential MELCOR 4
Slide 26: Introducing Melcor REIT
Introducing MELCOR f="
Slide 27: Melcor REIT overview
MELCOR |Fe'" y 6.25-6.75% — 93% AFFO payout, MIE NTVAIS! reliable, sustainable yield y, : 1.57M sf gross leasable area : E SESS = 27 assets across office, retail Diversified Portfolio . . and industrial classes 7 ° ° i) SUS OST Melcor to retain significant ownership of 51% MELCOR gh. DEVELOPMENTS LT
Slide 28: Melcor REIT growth and Western Canadian markets
MELCOR |Fe!7 y * Assured and Consistent 636,000 sf SOT development cre UUER lea 2-oF million sf in tuture STIs AIS development on 565 acres Sveciiess Extensive knowledge & history Eve rscysays ~Average ownership of 12 years JS = to High “ieeene weal Alberta and Saskatchewan to lead nation in GDP gro
Slide 29: The Melcor REIT Advantage
The Melcor REIT Advantage Enables Continued Growth ¢ Melcor REIT will provide capital to fund growth Provides Continued Ownership ° We retain significant ownership of assets & participate in receive REIT distributions Buyer for Properties ¢ Provides additional working capital, revenue and profit met
Slide 30: Key Metrics
Key Metrics Dee Debt to Equity Ratio Minimum Availability on Credit Facility Gross Margin Return on Equity Ratio Admin Expense to Revenue Ratio Debt Coverage DEVELOPMENTS LTD, 1923-2013
Slide 31: Why Melcor?
_ Why Melcor? Dividend paying growth company Highly talented, motivated & ethical team Integrated operations Hedging against industry cycles Responsible growth BO a a) oo Relentless innovation & improvement DEVELOPMENTS LTD. 1925-2013
Slide 32: DEVELOPMENTS LTD. 1925-2013
DEVELOPMENTS LTD. 1925-2013
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