Atco Ltd. Class I · TSX:ACO.X
Atco Ltd. Class I — Investor Day (September 2019)
39 slides from Atco Ltd. Class I's investor day presentation, Sep 17, 2019
Slide 1: ATCO 2019 Investor Presentation
ATCO 2019-INVESTOR PRESENTATION SEPTEMBER 17, 2019
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER Statements made by representatives for ATCO Ltd. and information provided in this presentation may be considered forward-looking statements. By their nature, such statements are subject to numerous known and unknown risks and uncertainties and therefore actual results differ materia
Slide 3: Nancy C. Southern, Chair & CEO
ATCO NANCY C. SOUTHERN CHAIR & CHIEF EXECUTIVE OFFICER
Slide 4: Introduction
INTRODUCTION CHAD GAREAU DENNIS DECHAMPLAIN NANCY SOUTHERN SIEGFRIED KIEFER ADAM BEATTIE JIM LANDON VICE PRESIDENT EXECUTIVE VICE PRESIDENT & CHAIR & CHIEF EXECUTIVE PRESIDENT, ATCO LTD. AND PRESIDENT PRESIDENT CORPORATE STRATEGY CHIEF FINANCIAL OFFICER OFFICER, ATCO LTD. AND CHAIR, PRESIDENT & STRU
Slide 5: Dennis DeChamplain, EVP & CFO
ATCO DENNIS DECHAMPLAIN EXECUTIVE VICE PRESIDENT & CHIEF FINANCIAL OFFICER
Slide 6: Track Record of Success: Earnings Growth
TRACK RECORD OF SUCCESS: EARNINGS GROWTH 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07:08 09 0 11 2 13:14 «15 16 «17 «(18 ATCO
Slide 7: Adjusted Earnings ATCO
Adjusted Earnings ATCO $190M $160M
Slide 8: Track Record of Success: Dividend Growth
TRACK RECORD OF SUCCESS: DIVIDEND GROWTH 26 CONSECUTIVE YEARS OF DIVIDEND GROWTH* | 93 94 95 96 97 98 99 00 01 02 03 04 05 06 O07 08 09 10 11 12 13 14 #15 16 #17 #18 19 * On July 11, 2019, ATCO declared a second quarter dividend of $0.4048 per share, or $1.62 per share annualized. ATCO
Slide 9: Track Record of Success: ATCO Total Return
TRACK RECORD OF SUCCESS: ATCO TOTAL RETURN 2,000 SINCE 1993 ATCO ATCO SHARES 11.9% CAGR 600 | TSX COMPOSITE 7.8% CAGR SINCE 2009 oe ATCO SHARES 9.2% CAGR 1000 | TSXCOMPOSITE 8.1% CAGR S&P/TSX 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 201
Slide 10: Nancy C. Southern, Chair & CEO
ATCO NANCY C. SOUTHERN CHAIR & CHIEF EXECUTIVE OFFICER
Slide 11: Strategy
ATCO STRATEGY INVESTOR PRESENTATION 20199 ATCO
Slide 12: Strategic Priorities: Key to ATCO's Success
5 STRATEGIC PRIORITIES: KEY TO ATCO'S SUCCESS EWES INNOVATION GROWTH FINANCIAL OPERATIONAL COMMUNITY STRENGTH EXCELLENCE INVOLVEMENT ATCO
Slide 13: Real Estate
REAL ESTATE INNOVATION HOUSING COMMUNITY INVOLVEMENT GROWTH FINANCIAL STRENGTH & LOGISTICS & TRANSPORTATION OPERATIONAL EXCELLENCE INVESTOR PRESENTATION 2019 ATCO
Slide 14: Real Estate
REAL ESTATE INNOVATION HOUSING COMMUNITY INVOLVEMENT GROWTH FINANCIAL STRENGTH & LOGISTICS & TRANSPORTATION OPERATIONAL EXCELLENCE INVESTOR PRESENTATION 2019 ATCO
Slide 15: Global Trends: Application to Current Strategy
GLOBAL TRENDS: APPLICATION TO CURRENT STRATEGY CLIMATE CHANGE AND DEMOGRAPHIC AND SHIFT IN GLOBAL TECHNOLOGICAL RESOURCE SCARCITY SOCIAL CHANGE ECONOMIC POWER BREAKTHROUGHS
Slide 16: ATCO Investments
ATCO INVESTMENTS INVESTOR PRESENTATION 2019 AMC
Slide 17: Organizational Structure
ORGANIZATIONAL STRUCTURE ATCO 100% 52.2% 40% 100% STRUCTURE & LOGISTICS ENERGY INFRASTRUCTURE = PORTS AND TRANSPORTATION REAL ESTATE
Slide 18: Housing
a HOUSING REAL ESTATE INNOVATION COMMUNITY INVOLVEMENT GROWTH OPERATIONAL FINANCIAL 6 EXCELLENCE. ‘STRENGTH WATER % LsisTi¢s & TRANSPORTATION INVESTOR PRESENTATION 2019 ATCO
Slide 19: ine £23
ine £23 LT INNOVATION u ve vousws COMMUNITY INVOLVEMENT caonTe OPERATIONAL FINANCIAL EXCELLENCE ‘STRENGTH & ~ LsisTi¢s & TRANSPORTATION HOUSING WATER INVESTOR PRESENTATION 2019 ATCO
Slide 20: Diversifying the global customer base
Diversifying the global customer base into non-traditional modular markets such as public education facilities, high density urban residential housing, hotels and correctional facilities MODULAR STRUCTURES THOMASTOWN SCHOOL Victoria, Australia MELBOURNE GIRLS GRAMMAR Melbourne, Australia DANDENONG N
Slide 21: Homes for Heroes
HOMES FOR HEROES CALGARY, ALBERTA INVESTOR PRESENTATION 2019 ATCO
Slide 22: Modular Structures: Well-Established Market Presence in Australia
MODULAR STRUCTURES: WELL-ESTABLISHED MARKET PRESENCE IN AUSTRALIA , MODULAR UNIT CONSTRUCTION mg FACILITY - PERTH s ATCO AUSTRALIA @ SALES OFFICES MODULAR UNIT CONSTRUCTION @ MANUFACTURING FACILITIES s : | FACILITY - BRISBANE Z = eS = 5. INVESTOR PRESENTATION 2019 ACO
Slide 23: Modular Structures: Winning Key Modular Structures Contracts
MODULAR STRUCTURES: WINNING KEY MODULAR STRUCTURES CONTRACTS CHICO, CALIFORNIA FIRE DISASTER RELIEF 1,500 person camp for fire disaster relief efforts near Paradise, California (pictured) LNG CANADA WORKFORCE ACCOMMODATION 4,500 person camp construction underway to house construction workers on LNG
Slide 24: Modular Structures: Diversifying into New Geographies
MODULAR STRUCTURES: DIVERSIFYING INTO NEW GEOGRAPHIES CHILE: ATCO-SABINCO Ranked #3 in Overall Modular Construction vs Main Competitors Ranked #2 in Space Rental Market Share vs Main Competitors
Slide 25: ATCO Sabinco - Ultramar Partnership
ATCO SABINCO - ULTRAMAR PARTNERSHIP New 100,000 sq. ft. Chilean Manufacturing Facility further cements the business foundation we are re-establishing in South America. DIVERSIFIED CUSTOMER BASE Arica LED BY COPPER MINING h Iquique ntofagasta Copiapo im MINING lm ENERGY Rurauna i INFRASTRUCTURE Santi
Slide 26: Modular Structures: Diversifying into New Geographies
MODULAR STRUCTURES: DIVERSIFYING INTO NEW GEOGRAPHIES * In 2018, Structures & Logistics acquired a majority ownership position in ATCO Espaciomovil, a leading modular building manufacturer in Mexico. * ATCO is now the largest manufacturer of modular products in the Mexican market, with the second la
Slide 27: Innovation
INNOVATION COMMUNITY INVOLVEMENT ne GROWTH OPERATIONAL FINANCIAL 6 EXCELLENCE STRENGTH wae a HOUSING EA Ain & LOGISTICS & cs TRANSPORTATION INVESTOR PRESENTATION 2019 ATCO
Slide 28: Frontec: Emergency Response
FRONTEC: EMERGENCY RESPONSE Contract for camp maintenance including food services, housekeeping and janitorial services for the 1,500 person camp fire disaster relief. Work began in April 2019 and will continue until early 2020. PUERTO RICO, HURRICANE MAF Deployed a team of people ny seit response e
Slide 29: Structures & Logistics Revenues
STRUCTURES & LOGISTICS REVENUES ZA $342M FIRST HALF 2018 FIRST HALF 2019
Slide 30: Structures & Logistics Adjusted Earnings
STRUCTURES & LOGISTICS ADJUSTED EARNINGS S15M 510M 2017 2018 FIRST HALF = FIRST HALF 2018 2019
Slide 31: Innovation
INNOVATION COMMUNITY INVOLVEMENT ne GROWTH OPERATIONAL FINANCIAL 6 EXCELLENCE STRENGTH wae a HOUSING EA Ain & LOGISTICS & cs TRANSPORTATION INVESTOR PRESENTATION 2019 ATCO
Slide 32: Neltume Port Facility
NELTUME PORT FACILITY VALPARAISO, CHILE INVESTOR PRESENTATION 20199 ATCO
Slide 33: Growth: Neltume Ports Investment
GROWTH: NELTUME PORTS INVESTMENT ATCO acquired 40% ownership interest in Neltume Ports in 2018 for approximately $450M Neltume Ports Is a leading port operator in South America with 16 ports in 4 countries @ PORT LOCATIONS
Slide 34: | INNOVATION
Ba | INNOVATION REAL ESTATE HousiNG COMMUNITY INVOLVEMENT Coa OPERATIONAL FINANCIAL EXCELLENCE STRENGTH % LOGISTICS & TRANSPORTATION INVESTOR PRESENTATION 2019 ATCO
Slide 35: | INNOVATION
Ba | INNOVATION REAL ESTATE HousiNG COMMUNITY INVOLVEMENT se Coa OPERATIONAL FINANCIAL EXCELLENCE STRENGTH REAL ESTATE % LOGISTICS & TRANSPORTATION 4 INVESTOR PRESENTATION 2019 ATCO
Slide 36: Commercial Real Estate: Unlocking Hidden Value on the Balance Sheet
COMMERCIAL REAL ESTATE: UNLOCKING HIDDEN VALUE ON THE BALANCE SHEET ¢ Held properties can be monetized opportunistically e Increase portfolio occupancy with 3" party tenants e Increase portfolio value and earnings by investing in commercial real estate projects on high potential sites, already in ou
Slide 37: Key Highlights
KEY HIGHLIGHTS GEOGRAPHIC GLOBAL ESSENTIAL EPS & DIVIDEND DIVERSIFICATION SERVICES ACCRETION
Slide 38: ATCO 2019 Investor Presentation
ATCO 2019-INVESTOR PRESENTATION SEPTEMBER 17, 2019
Slide 39: Investor Relations Contact
? www.ATC0.com ! www-canadianutilities.com — ») ene: 403.292.7500 1} (li iy delala, ATCO * * ~~ Investor Relations 5302 Forand Street SW Calgary, ABT3E 8B4 CANADA INVESTOR PRESENTATION 20199 ATCO