Transat A.t. Inc. · TSX:TRZ

Transat A.t — Shareholder Meeting (March 2012)

32 slides from Transat A.t's shareholder meeting presentation, Mar 13, 2012

  1. Slide 1: Welcome - Meeting of Shareholders

    2012-03-13 »ooBlenvenue i\Welcome Bienvenue MEETING OF SHAREHOLDERS Bienvenue alcome \\ tM Jean-Marc Eustache President and venue \. Chief Executive Officer MEETING OF SHAREHOLDERS

  2. Slide 2: Welcome - CFO and General Counsel

    Bienvenue alcome Wilk venue MEETING OF SHAREHOLDERS Bienvenue alcome Wilk venue MEETING OF SHAREHOLDERS Denis Pétrin Vice-President, Finance and Administration and Chief Financial Officer Bernard Bussieéres Vice-President, General Counsel and Corporate Secretary 2012-03-13

  3. Slide 3: Agenda

    2012-03-13 Agenda Fe transat Appointment of scrutineers Scrutineers’ report and quorum Election of directors Appointment of auditors Share Purchase Plan Amendment to the by-laws Shareholder proposition no. 1 Shareholder proposition no. 2 op oN DA F WN Chairman’s message 10. Financial report 11. Vote

  4. Slide 4: Scrutineers' Report and Quorum

    Bienvenue SCRUTINEERS’ jm { / alcome Wi REPORT AND pea <a QUORUM MEETING OF Welcome vy oBlenvenue i\Welcome Bienvenue 2012-03-13

  5. Slide 5: Election of Directors

    2012-03-13 Bienvenue alcome Wi ELECTION OF DIRECTORS venue \ André Bisson, O.C. Chairman of the Board, CIRANO Chancellor Emeritus, Université de Montréal

  6. Slide 6: Election of Directors

    | Election of directors $< transat Madeleine Chenette Senior Partner — Chair of the Board, SECOR Election of directors | we transat Lina De Cesare Advisor to the President, Transat AT. Inc. 2012-03-13

  7. Slide 7: Election of Directors

    : A | Election of directors $f transat Jean Pierre Delisle Corporate Director and Executor of estates : A | Election of directors $f transat W. Brian Edwards Entrepreneur and Corporate Director 2012-03-13

  8. Slide 8: Election of Directors

    : A | Election of directors $f transat Jean-Yves Leblanc Corporate Director : A | Election of directors $f transat Jacques Simoneau Corporate Director 2012-03-13

  9. Slide 9: Election of Directors

    2012-03-13 Election of directors $< transat Philippe Sureau Advisor to the President, Transat AT. Inc. Election of directors $< transat John D. Thompson Corporate Director

  10. Slide 10: Election of Directors

    2012-03-13 Election of directors \ we transat Dennis Wood, O.C. President and Chief Executive Officer, DWH Inc. | Election of directors $< transat Jean-Marc Eustache Chairman of the Board President and Chief Executive Officer, Transat ALT. Inc. 10

  11. Slide 11: Election of Directors; Appointment of Auditors

    Bienvenue alcome Wii venue MEETING OF SHAREHOLDERS Bienvenue alcome Wii venue MEETING OF SHAREHOLDERS 2012-03-13 ELECTION OF DIRECTORS APPOINTMENT OF AUDITORS 11

  12. Slide 12: Share Purchase Plan; Change to General By-Laws

    Bienvenue alcome Wii venue MEETING OF SHAREHOLDERS Bienvenue alcome Wii venue MEETING OF SHAREHOLDERS SHARE PURCHASE PLAN CHANGE TO GENERAL BY-LAWS 2012-03-13 12

  13. Slide 13: Shareholder Propositions No. 1 and No. 2

    Bienvenue alcome Wii venue MEETING OF SHAREHOLDERS MEETING OF SHAREHOLDERS 2012-03-13 SHAREHOLDER PROPOSITION NO. 1 SHAREHOLDER PROPOSITION NO. 2 13

  14. Slide 14: Chairman's message: Transat has a solid balance sheet

    2012-03-13 Bienvenu 2Icome NAN uu Jean-Marc Eustache , President and venue Chief Executive Officer WL 7 W/O KN Transat has a solid balance sheet (AN \\ wi 14

  15. Slide 15: Results excluding restructuring charges

    2012-03-13 *excluding restructuring charges 15

  16. Slide 16: 2011 results

    2011 results In millions of dollars Net income (loss) 12.2 -49.4 2007 2008 2009 2010 2011 | ye transat Adjusted after-tax income (loss) 678 57.5 2007 2008 2009 2010 2011 Exchange rate (USD/CAD) | ye transat Jet Fuel ($US/Gallon) 2010 2011 2011 2012-03-13 16

  17. Slide 17: Overcapacity on the transatlantic market

    aXe ‘transat Overcapacity on the transatlantic market J transat 2012-03-13 17

  18. Slide 18: Organizational changes

    Organizational changes Fe transat m Quicker decision- making m Increased accountability m Lower administrative costs System optimization $< transat Increased efficiency in managing inventories and prices Reduced operating costs 2012-03-13 18

  19. Slide 19: Fleet management

    2012-03-13 Fleet management Hotel costs te iar” 288 i nh 1.2 irs ae a Ame Or im Renewed Sun product New Air Transat cabin 19

  20. Slide 20: Expansion of distribution network

    2012-03-13 Expansion of distribution network | 7x transat Club voyages [ : » | Sees | (514) 842-1400 Network size =e Transat Canada Vacances ¥r transat yc transat HOLIDAYS USA canadian affair 20

  21. Slide 21: Distribution brands in Europe

    Ocean By H10 Hotels Transat France LooK VOYAGES Kt Vacances ransat 2012-03-13 21

  22. Slide 22: Plan to return to profitability

    2012-03-13 Plan to return to profitability ye transat In millions of dollars 50 | = CONTRIBUTION TO MARGIN 20 to 25 | 2012 2013 2014 ] Xe ‘transat i Product im Brand m Experience | am Fleet m Distribution m Systems i Costs 22

  23. Slide 23: A renewed product

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  24. Slide 24: Transat

    2012-03-13 transat 4 4 , + 980000 0ORRF TE ~ Benvenuto 24

  25. Slide 25: A variable fleet size; strong distribution presence

    A variable fleet size | $e transat Winter ——— —— set exer. = = Ee set exer. = x a ansat S = transat" ie Strong presence in the distribution sector | FF transat 508itravel agencies 407 franchisees 473 474 473 470 471 —~ 47 és se 508 og 507 507 50% I Suiicmen - : RO ” es Pod Ro ye ol ye Sy » of o eo =

  26. Slide 26: Continued vertical integration

    2012-03-13 Continued vertical integration | 7 transat VACANCES TOURS MONT-ROYAL vacancestmr.com 26

  27. Slide 27: Welcome - Financial report

    vhidocBlenvenue i\Welcome Bienvenue transat | 2%., Bienvenue alcome will Denis Pétrin Vice-President, venue \ Finance and Administration . 2 and Chief Financial Officer MEETING 2012-03-13 27

  28. Slide 28: Revenues and margin

    2012-03-13 Revenues Margin 309 327 Revenues Margin *excluding restructuring charges 28

  29. Slide 29: Results excluding restructuring charges

    2012-03-13 *excluding restructuring charges 29

  30. Slide 30: Consolidated balance sheet

    2012-03-13 Consolidated balance sheet, as at January 31 *tansat In millions of dollars | 2012 2011 cast HQUIVALENTS | 214.0 : 199.0 TOTAL ASSETS 44500 1,440.2 TOTAL LIABILITIES 40816 = 10406 SHAREHOLDERS’ EQUITY 3684-3996 Bienvenue alcome Wi Denis Pétrin Vice-President, venue ‘ Finance and Administr

  31. Slide 31: Vote results; Question period

    2012-03-13 Bienvenue alcome Wii venue VOTE RESULTS MEETING OF SHAREHOLDERS QUESTION PERIOD MEETING OF SHAREHOLDERS 31

  32. Slide 32: Adjournment of meeting

    2012-03-13 Bienvenue alcome W 4 ADJOURNMENT OF MEETING venue MEETING OF Welcome vy oBlenvenue i\Welcome Bienvenue 32

Transat A.T. — Shareholder Meeting (March 2012) on 6ix