Aimia Inc. · TSX:AIM
Aimia — Groupe Aeroplan — Merger or Acquisition (November 2009)
23 slides from Aimia's merger presentation, Nov 3, 2009
Slide 1: Groupe Aeroplan Presentation, November 3, 2009
PRESENTATION “ GROUPE AEROPLAN NOVEMBER 83, 2009
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements. Such statements may involve but are not limited to comments with respect to Groupe Aeroplan's and Carlson Marketing's strategies, expectations, planned operations, future actions, anticipated financial performance and
Slide 3: Rupert Duchesne, President & CEO
RUPERT DUCHESNE PRESIDENT & CEO
Slide 4: Achieving Our Vision
Achieving Our Vision To be the global leader in loyalty management
Slide 5: Disciplined Approach to Acquisitions
Disciplined Approach to Acquisitions Solid Strategically Return Aligned Scalable Synergistic
Slide 6: Financially Attractive
Financially Attractive The addition of Carlson Marketing to Groupe Aeroplan will • increase our consolidated Turnover (Gross Billings and Marketing Fees) to over C$2 billion • be accretive to our key financial metrics (including transition costs and assuming no synergies) • provide an attractive ret
Slide 7: A Logical Extension Of Our Business Model
A Logical Extension Of Our Business Model Strategically, we believe Carlson Marketing is a logical extension of our business model for three main reasons • Provides access to a greater share of corporate dollars being spent on loyalty marketing and decision sciences / data analytics • Substantially
Slide 8: An International Leader of Marketing Services
An International Leader of Marketing Services • Solid reputation, long history • More than 130+ clients around the world • Approximately 2000 employees • Provides full or partial loyalty program management Program strategy and design CRM / program analytics and management Web / mobile marketin
Slide 9: Attractive Markets Offer Potential For High Return
Attractive Markets Offer Potential For High Return G20 countries Post Carlson Marketing acquisition EU Russia Canada UK Germany France USA Spain Italy Japan Middle East China S. Mexico Saudi Korea Arabia India Hong Kong Malaysia Singapore Indonesia Brazil Australia S. Africa Argentina New Zealand
Slide 10: The Global Leader in Loyalty Management
The Global Leader in Loyalty Management
Slide 11: Jeff Balagna, President & CEO, Carlson Marketing
JEFF BALAGNA PRESIDENT & CEO CARLSON MARKETING
Slide 12: Proven Loyalty Marketing Services Capabilities
Proven Loyalty Marketing Services Capabilities • Loyalty strategy and program design • Decision sciences and data analytics • Technology services and infrastructure • Communications -- including creative, interactive and mobile • Rewards and recognition services • Customer service • Enhancement serv
Slide 13: A Powerful Combination
A Powerful Combination Together the two companies will • pursue joint strategic initiatives • leverage each other’s strengths and intellectual capital • provide a solid and strategic platform to grow and expand all of Groupe Aeroplan’s businesses
Slide 14: David Adams, Executive Vice President & CFO
DAVID ADAMS EXECUTIVE VICE PRESIDENT & CFO
Slide 15: Attractive Valuation
Attractive Valuation • Net purchase price of US$175.3 million (C$188.0 million) Net of cash acquired Transaction costs of US$6.5 million (C$7.0 million) Estimated one-time transition costs of US$15.0 million (C$16.0 million) Subject to certain working capital adjustments • Purchase price is
Slide 16: Authorized Credit Facilities
Authorized Credit Facilities November 3, September, June 30, (in millions, except where indicated) (1) 2009 2009 2009 $ $ $ Revolving term facility 300.0 250.0 250.0 Term facility 300.0 275.0 300.0 Bridge facility n/a n/a 100.0 Total 600.0 525.0 650.0 (1) After giving effect to the Septemb er 2, 200
Slide 17: Pro Forma Capital Structure
Pro Forma Capital Structure June 30, 2009 June 30, (in millions, except where indicated) Pro Forma (1) 2009 Cash and cash equivalent $ 467.0 $ 590.0 Short-term investments 34.6 34.6 Total cash and short-term investments 501.6 624.6 Long-term debt (2) 755.4 690.4 Shareholders' equity 1,948.0 1,948.0
Slide 18: Turnover (Gross Billings and Marketing Fees)
Turnover (Gross Billings and Marketing Fees) (1) Results for the fiscal years 2005, 2006 and 2007 presented for comparative purposes are those of the Partnership
Slide 19: Broadens Partner Base
Broadens Partner Base Van GROUPE AEROPLAN Air Canada Air Canada 25% Partner C 17% Partner B 10%
Slide 20: Pro Forma Leverage Remains Conservative
Pro Forma Leverage Remains Conservative Rating Agency Rating DBRS BBB (stable) S&P BBB- (stable) (1) After giving effect to the acquisition as of June 30, 2009
Slide 21: 20
20
Slide 22: Acquisition Highlights
Acquisition Highlights • Carlson Marketing is widely recognized for its leading-edge global knowledge of loyalty marketing services and events • Acquisition strengthens our core loyalty marketing services offering, which is critical to the successful execution of our long-term global expansion strat
Slide 23: Groupe Aeroplan Presentation
PRESENTATION “ GROUPE AEROPLAN
Groupe Aeroplan — Merger or Acquisition (November 2009) on 6ix