Altria Group, Inc. · NYSE:MO
Altria — Shareholder Meeting (May 2016)
34 slides from Altria's shareholder meeting presentation, May 19, 2016
Slide 1: For Investor Relations Purposes Only
For Investor Relations Purposes Only
Slide 2: Safe Harbor Statement
Safe Harbor Statement Statements, including earnings guidance, in this presentation that are not reported financial results or other historical information are “forward-looking statements” within the meaning of Private Securities Litigation Reform Act of 1995. Such forward-looking statements are bas
Slide 3: Business Update
Business Update For Investor Relations Purposes Only
Slide 4: Altria.com
Altria.com For Investor Relations Purposes Only
Slide 5: 2015 Investor Highlights
2015 Investor Highlights High-level summary of our operating and financial results Our corporate responsibility initiatives Note: Third-party trademarks are the property of their respective owners and are included for informational purposes only. For Investor Relations Purposes Only
Slide 6: For Investor Relations Purposes Only
For Investor Relations Purposes Only
Slide 7: Adjusted Diluted EPS Performance
Adjusted Diluted EPS* Performance +8.9% $2.80 $2.57 2014 2015 *For reconciliation of non-GAAP to GAAP measures visit altria.com Source: Altria company reports For Investor Relations Purposes Only
Slide 8: Returning Cash to Shareholders
Returning Cash to Shareholders Annualized Dividend Growth Dividends Paid ($ in Billions) +8.7% $2.26 $4.2 $2.08 Aug-14 Aug-15 2015 Note: Dividend is based on the current annualized dividend (Last increased August 2015) Source: Altria company reports For Investor Relations Purposes Only
Slide 9: 2015 Marlboro Retail Share
2015 Marlboro Retail Share 44.0% Next 10 Largest Brands = 43.3% Marlboro Source: IRI/MSAi For Investor Relations Purposes Only
Slide 10: Copenhagen & Skoal Combined Retail Share
Copenhagen & Skoal Combined Retail Share +4.0pp 51.3% 47.3% 2009 2015 Source: IRI InfoScan For Investor Relations Purposes Only
Slide 11: This space is blank because brand images which appeared in the original presentation have
This space is blank because brand images which appeared in the original presentation have been removed. For Investor Relations Purposes Only
Slide 12: Anheuser-Busch InBev and SABMiller
Anheuser-Busch InBev and SABMiller Note: Third-party trademarks are the property of their respective owners and are included for informational purposes only. For Investor Relations Purposes Only
Slide 13: 2015 Total Shareholder Return
2015 Total Shareholder Return 23.1% 14.7% 1.4% Altria S&P Food, Beverage & S&P 500 Tobacco Note: Total shareholder return is simple price appreciation plus the reinvestment of the dividend as of the ex-dividend date Source: Bloomberg, 12/31/2014 to 12/31/2015 For Investor Relations Purposes Only
Slide 14: A Compelling Investment
A Compelling Investment Note: Third-party trademarks are the property of their respective owners and are included for informational purposes only. Source: WSJ Blogs – The Best Stock Over The Last 30 Years? You’ve Never Heard of It – MoneyBeat, 1/29/2016 For Investor Relations Purposes Only
Slide 15: Superior Operating Performance
Superior Operating Performance Note: Third-party trademarks are the property of their respective owners and are included for informational purposes only. For Investor Relations Purposes Only
Slide 16: Adjusted Diluted EPS Performance
Adjusted Diluted EPS* Performance +14.3% $0.72 $0.63 Q1 2015 Q1 2016 *For reconciliation of non-GAAP to GAAP measures visit altria.com Source: Altria company reports For Investor Relations Purposes Only
Slide 17: 2016 Guidance
2016 Guidance Altria reaffirms its guidance for 2016 full-year adjusted diluted EPS in a range of $3.00 to $3.05, representing growth of 7% to 9% from our 2015 adjusted diluted EPS base of $2.80*. *For reconciliation of non-GAAP to GAAP measures visit altria.com Source: Altria company reports For
Slide 18: Our Mission
Our Mission is to own and develop financially disciplined businesses that are leaders in responsibly providing adult tobacco and wine consumers with superior branded products. Driving Integrity, Passion Executing Creativity Sharing Trust and to with into with Respect Succeed Quality Everything Other
Slide 19: Corporate Responsibility Magazine
Corporate Responsibility Magazine Altria was named to the 100 Best Corporate Citizens list for the sixth straight year Note: Third-party trademarks are the property of their respective owners and are included for informational purposes only. For Investor Relations Purposes Only
Slide 20: Responsibility Priorities
Responsibility Priorities For Investor Relations Purposes Only
Slide 21: Approach to Tobacco Harm Reduction
Approach to Tobacco Harm Reduction Help reduce underage tobacco use Support cessation efforts Communicate about the health effects of tobacco use Develop and market lower-risk products For Investor Relations Purposes Only
Slide 22: Positive Youth Development
Positive Youth Development Note: Third-party trademarks are the property of their respective owners and are included for informational purposes only. For Investor Relations Purposes Only
Slide 23: Supporting Positive Youth Development
Supporting Positive Youth Development In 2015, $22+ million invested in Success360º. For Investor Relations Purposes Only
Slide 24: Past Month Tobacco Use
Past Month Tobacco Use Among Youth Aged 12 to 17 Tobacco Products 15.2 Cigarettes Cigars 13.0 Smokeless Tobacco 7.0 4.5 4.9 2.1 2.0 2.0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Source: NSDUH, 2014 For Investor Relations Purposes Only
Slide 25: Communicating Tobacco Health Effects
Communicating Tobacco Health Effects This space is blank because brand images which appeared in the original presentation have been removed. For Investor Relations Purposes Only
Slide 26: FDA Submissions on Tobacco Product Constituents
FDA Submissions on Tobacco Product Constituents Extensive information to FDA about the ingredients FDA has the authority to determine how these types of information are communicated For Investor Relations Purposes Only
Slide 27: Portfolio Approach
Portfolio Approach This space is blank because brand images which appeared in the original presentation have been removed. For Investor Relations Purposes Only
Slide 28: Heated Tobacco Platform
Heated Tobacco Platform Altria has the exclusive rights in the U.S. Supporting PMI on FDA application to designate product as modified risk Making excellent progress on go-to-market strategies in the U.S. Note: Third-party trademarks are the property of their respective owners and are included
Slide 29: For Investor Relations Purposes Only
For Investor Relations Purposes Only
Slide 30: For Investor Relations Purposes Only
For Investor Relations Purposes Only
Slide 31: Proposals for Voting
Proposals for Voting Election of Altria’s Board of Directors Ratification of PricewaterhouseCoopers LLP as Altria’s independent registered public accounting firm Business presentation Advisory vote to approve the compensation of Altria’s named executive officers For Investor Relations Purpos
Slide 32: Executive Compensation
Executive Compensation Executive compensation programs: - Align executive and shareholder interests - Promote Altria’s Mission and business strategies - Reward achievement of corporate and individual performance goals In 2015, more than 96% of the votes cast approved the compensation of our named
Slide 33: Slide 33
Slide 34: Regulation G Disclosure
Regulation G Disclosure For reconciliations and further explanations of non-GAAP financial measures, visit altria.com For Investor Relations Purposes Only