Brambles Limited · ASX:BXB
Brambles — Shareholder Meeting (November 2007)
53 slides from Brambles's shareholder meeting presentation, Nov 16, 2007
Slide 1: Welcome to Brambles Limited's 2007 Annual General Meeting
Brambles Welcome to Brambles Limited’s 2007 Annual General Meeting Brisbane, 16 November —— SS
Slide 2: Don Argus AO, Chairman
2007 Annual General Meeting Don Argus Ao Chairman
Slide 3: Agenda
* Chairman’s address * CEO's address * Items of business « General shareholder questions 3 Brambles
Slide 4: Brambles 2007 Annual General Meeting
Brambles 2007 Annual General Meeting Brisbane, 16 November
Slide 5: Strong financial results
Strong financial results * Sales up 6% * Comparable operating profit up 17% * Profit after tax and before special items up 32% * Cash flow from continuing operations increased to US$838 million ‘Growth % caicuisted on US§ constant currency basis 5 Brambles
Slide 6: Extensive capital management program
Extensive capital management program * US$3.4 billion utilised in capital initiatives since March 2006 * Brambles now has a more appropriately structured balance sheet « Strong cash generation expected to continue in 2008 *« On-market share buy-back program — provides flexibility — is a simple and f
Slide 7: Higher dividends
Higher dividends 2 hf c 3 13.5 cents & 3 < Paid in lieu of - = 7 2007 Interim Dividend 2007 Final Dividend Effective 2007 Total Dividend * when compared to 2006 Brambles 7
Slide 8: Corporate Social Responsibility and Sustainability
Corporate Social Responsibility and Sustainability Continued improvements in safety Our aim is Zero Harm On a life cycle basis, Brambles has a positive net impact on the environment FTSE4Good — CHEP pallet pooling reduces the use of wood — Recall collects, shreds and recycles about 200,000 tonnes of
Slide 9: Trading update
Trading update « First four months, ahead of comparative period in 2007 * CHEP like-for-like growth of 6% — CHEP Americas sales up 9% — CHEP Europe sales up 2% — CHEP Rest of World sales up 8% « Recall sales up 9% * Outlook remains very positive * Brambles expects to deliver strong profit growth in
Slide 10: Brambles 2007 Annual General Meeting
Brambles 2007 Annual General Meeting Brisbane, 16 November 'ee6 é TU
Slide 11: Mike Ihlein, Chief Executive Officer
2007 Annual General Meeting Mike thlein Chief Executive Officer Brambles
Slide 12: Operational highlights: another year of excellent results
Operational highlights — another year of excellent results * CHEP and Recall — Sales revenue up 6% to US$3.9 billion — Comparable operating profit up 17% to US$933 million — Profit after tax up 32% to US$586 million * Excellent cash flow performance * Brambles Value Added up US$121 million to US$471
Slide 13: Our Customers
Our Customers * “All things begin with the customer’ * CHEP has recently signed agreements with: — Pepsi, Canada —- Body Blue, USA and Canada — Sofidel, Italy — Anglo Beef , UK — Woolworths, Australia —- Panda, Gulf Co-operative States; and — several beverage bottlers and automotive participants in
Slide 14: Our Markets: four categories of growth
Our Markets: four categories of growth * Organic Existing geographies — existing segments/customers — CHEP Asia Pacific’s six year RPC agreement with Woolworths * Organic “Plus” Existing geographies — new segments — Beverages in the US, current market share less than 20% * Core Expansion New geograp
Slide 15: Our People
Our People « New organisation structure announced in August * Executive Leadership Team appointments — New CFO, Liz Doherty, joins Brambles on 1 December 2007 — Senior Vice President Human Resources, Nick Smith, joined early November — Recruitment of CHEP Group Presidents progressing well 15 Bramble
Slide 16: Continuous improvement
Continuous improvement * Culture of continuous improvement will ensure future success * Global sharing of best practices rn BA bs « 27 Perfect Plants commissioned re over past two years “VW * Total Pallet Management — increases efficiency — reduces transportation costs — drives both cost savings and
Slide 17: Leading in technology and innovation
Leading in technology and innovation * Cutting edge technology adds further value to our customer services * Radio Frequency Identification (RFID) — Recall and CHEP are industry leaders * CHEP’s Blue Step pallet — new design and components that will better protect customers’ products and reduce pall
Slide 18: Accelerating Growth: Customers, Markets, People
Accelerating Growth: Customers, Markets, People « Totally committed to our Customers, Markets and People Building on our strong foundations Consolidating our position as a highly competitive, global enterprise Recognising the importance of delivering sustainable, double digit revenue growth over the
Slide 19: Brambles 2007 Annual General Meeting
Brambles 2007 Annual General Meeting Brisbane, 16 November 'ee6 é TOA
Slide 20: How to ask a question
How to ask a question * Go to a designated microphone * Show your blue poll card or red non-voting card * Give the attendant your name « Wait until you have been introduced to the meeting 20 Brambles
Slide 21: Brambles 2007 Annual General Meeting
Brambles 2007 Annual General Meeting Brisbane, 16 November 'ee6 é TOA
Slide 22: Poll card example
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Slide 23: How to vote (example only)
How to vote (example only) For Against Abstain 23 Brambles
Slide 24: Brambles 2007 Annual General Meeting
Brambles 2007 Annual General Meeting Brisbane, 16 November 'ee6 é TOA
Slide 25: Chairman's address, CEO's address, Items of business
* Chairman's address * CEO's address * Items of business * General shareholder questions 25 Brambles
Slide 26: As an ordinary resolution
As an ordinary resolution “To consider and receive the Financial Report, Directors’ Report and Auditors’ Report for Brambles for the year ended 30 June 2007.” 2 Brambles
Slide 27: Mark your poll card
Mark your poll card For Against Abstain 1. To receive the Financial Report, Directors’ Report and Auditors’ Report x Brambles
Slide 28: Proxies received
Proxies received Resolution 1 To receive the Financial Report, Directors’ Report and Auditors’ Report For Discretionary Against Abstain 841,443,349 17,837,387* 2,127,203 35,211,995 *Includes 15,029,415 votes directed to the Chairman 28 Brambles
Slide 29: As an ordinary resolution
As an ordinary resolution “To adopt the Remuneration Report for Brambles for the year ended 30 June 2007.” 2 Brambles
Slide 30: Mark your poll card
Mark your poll card For Against Abstain 2. To adopt the Remuneration Report 30 Brambles
Slide 31: Proxies received
Proxies received Resolution 2 To adopt the Remuneration Report Discretionary Against Abstain 834,996,977 17,960,890" 34,374,952 9,269,291 “Includes 15,138,004 votes directed to the Chairman se " Brambles
Slide 32: Election and Re-election of Directors
2007 Annual General Meeting Items 3 - 6 Election and Re-election of Directors Brambles
Slide 33: Election of Mr D A Mezzanotte
Election of Mr D A Mezzanotte Brambles
Slide 34: Mark your poll card
Mark your poll card For Against Abstain 3. To elect Mr D A Mezzanotte to the Board of Brambles " u Brambles
Slide 35: Proxies received
Proxies received Resolution 3 To elect Mr D A Mezzanotte to the Board of Brambles For Discretionary Against Abstain 866,211,871 18,082,678" 7,943,714 4,354,588 *Includes 15,243,740 votes directed to the Chairman ED Brambles
Slide 36: Brambles 2007 Annual General Meeting
Brambles 2007 Annual General Meeting Brisbane, 16 November lee
Slide 37: Re-election of Mr S P Johns
Re-election of Mr S P Johns Brambles
Slide 38: Mark your poll card
Mark your poll card For Against Abstain 4. To re-elect Mr S P Johns to the Board of Brambles Se x Brambles
Slide 39: Proxies received
Proxies received Resolution 4 To re-elect Mr S P Johns to the Board of Brambles Discretionary Against Abstain 873,056,568 18,024,575° 2,340,161 3,168,884 “Includes 15,192,579 votes directed to the Chairman 38 Brambles
Slide 40: Item 5: Re-election of Mr C L Mayhew
Slide 41: Mark your poll card
Mark your poll card For Against Abstain 5. To re-elect Mr C L Mayhew to the Board of Brambles Se “1 Brambles
Slide 42: Proxies received
Proxies received Resolution 5 To re-elect Mr C L Mayhew to the Board of Brambles For Discretionary Against Abstain 851,102,443 18,029,328* 24,249,248 3,202,536 *Includes 15,197,332 votes directed to the Chairman 2 Brambles
Slide 43: Re-election of Mr J Nasser AO
Re-election of Mr J Nasser AO Brambles
Slide 44: Mark your poll card
Mark your poll card For Against Abstain 6. To re-elect Mr J Nasser AO to the Board of Brambles ee Shae peeatany “ Brambles
Slide 45: Proxies received
Proxies received Resolution 6 To re-elect Mr J Nasser AO to the Board of Brambles For Discretionary Against Abstain 872,286,386 18,691,388" 2,451,746 3,153,685 *Includes 15,859,392 votes directed to the Chairman 45 Brambles
Slide 46: Items 7 and 8: As ordinary resolutions
Items 7 and 8 As ordinary resolutions “That the participation by Mr M F thlein until 16 November 2010 in the Brambles Limited 2006 Performance Share Plan in the manner set out in the Explanatory Notes accompanying this Notice, be approved for all purposes, including for the purpose of Australian Sec
Slide 47: Mark your poll card
Mark your poll card For Against Abstain 7. To approve the grant of awards to Mr M F Ihlein under the Brambles 2006 Performance Share Plan 8. To approve the grant of awards to Ms E Doherty under the Brambles 2006 Performance Share Plan 47 Brambles
Slide 48: Proxies received
Proxies received Resolution 7 and 8 To approve the grant of awards to Mr M F thlein under the Brambles 2006 Performance Share Plan For Discretionary Against Abstain 838,246,102 18,462,337°* 35,220,511 4,605,399 “includes 15,644,150 votes directed to the Chairman To approve the grant of awards to Ms
Slide 49: As an ordinary resolution
As an ordinary resolution “That Brambles be authorised to conduct on-market buy-backs of its shares in the 12 month period following the approval of this resolution, provided that the total number of shares bought back on-market during that period does not exceed 141,903,916, being 10% of the total
Slide 50: Mark your poll card
Mark your poll card For Against Abstain 9. To authorise on-market buy-backs of up to 10% of Brambles’ issued share capital so Brambles
Slide 51: Proxies received
Proxies received Resolution 9 To authorise on-market buy-backs of up to 10% of Brambles’ issued share capital Discretionary Against 872,099,611 18,461,727° 1,707,117 4,305,359 *Includes 15,652,866 votes directed to the Chairman —E ESS a1 Brambles
Slide 52: Brambles 2007 Annual General Meeting
Brambles 2007 Annual General Meeting Brisbane, 16 November lze6
Slide 53: Please deposit Poll Cards on exit
2007 Annual General Meeting Please deposit Poll Cards on exit Brambles