Woolworths Group Ltd · ASX:WOW
Woolworths — Shareholder Meeting (2009)
23 slides from Woolworths's shareholder meeting presentation, 2009
Slide 1: Chairman's Address
Chairman
Slide 2: Earnings per share — up 11.7%
Earnings per share — up 11.7% Cents 90.9 79.2 14.8% 413.0% te) o is) o i=) So So Reflects strengthening of our balance sheet during a period of major acquisitions, integration and business change Q zal = a —l D E jas 2 =i © S Dividends per share: 2009 Interim: 48¢ Cents Final: 56¢ 92 24.3% 74 425.4%
Slide 3: 09 AGM Woolworths Limited
Slide 4: Michael Luscombe, Managing Director & CEO
Michael Luscombe Managing Director & Chief Executive Officer Everyday Rewards >4.2 million customers registered ver gig 1.6 million customers inked hs. Frequent flyer WOOLWORTHS LIMITED WOOLWORTHS LIMITED
Slide 5: Everyday Mobile
Everyday Mobile Developed in partnership with Optus Woolworths tye Everyday Money a Q Ea 2 a ep) i — ~ Se = o = GG pp Ko LON N 3) ) a Innovation Excellence WOOLWORTHS LIMITED
Slide 6: Divisional Update
Divisional Update @ BGwW Woolworths the fresh food people & @) — aicksmith Talk to the Techxperts countdown ia Your local bottieshop: liquor Woolworths § * Dan Murphy's Q al Ee 2 — ep a6 ES a4 © = = © S WOOLWORTHS LIMITED
Slide 7: Growth and Expansion
Growth and Expansion li/ macro yf wholefoods market -. Si, y LANGTONG. GAGE BREWING CO al jaa) Ea a a icp) a aa (ex 2 = fo) = Home Improvement [Lowe's Let's Build Something Together” calpoatind ‘> DANKS WOOLWORTHS LIMITED
Slide 8: Financial Results
Financial Results Q ia = 2 a D an _ a 2 = © S Sales of $49.6bn — up 7.5%! - excluding Petrol — up 8.5%! Full Year $m Statutory Normalised Comp FY08 FY09 Increase __Increase Sales Australia Food and Liquor 30,501 32,810 76% 9.6% TAL New Zealand Supermarkets (NZD) 4,859 4,957 2.0% 3.9% 3.6% New Zealan
Slide 9: CODB / Sales
CODB / Sales Our targeted CODB reduction of 20 basis points was achieved when the distorting impact of Hotels, Petrol and the profits from development properties in 2008 are excluded Percentage 20.73% 20.35% 20.03%" 19.92% 19.98% 4. Excludes the profit on sale of certain properties ($49.7m) Gross Pr
Slide 10: EBIT — up 13.4%!
EBIT — up 13.4%! EBIT growth underpinned by strong growth in Australian Food and Liquor $m 19.8%] Fn G07! Total Group EBIT 22.6% 432.3% [nz0.5%4 Australian Food 7.8% : 14.4%? and Liquor EBIT WOOLWORTHS LIMITED 1. Reflects growth normalised to remove the impact of the 53rd week in FYO8 2. Reflects gr
Slide 11: Shareholder Payouts
Shareholder Payouts Franking credits available for distribution (after the final dividend) = $1,124m $m © Dividend O Buy Back et: Profit growth, coupled with balance sheet management, delivered $7,050 million payout to shareholders over last 9 years. = Share Price Performance TSR CAGR Jun 2000 — Jun
Slide 12: First Quarter Sales of $13.4bn — up 4.2%
First Quarter Sales of $13.4bn — up 4.2% —up 7.4% excl Petrol 2009 2010 Statutory Statutory $m 14 weeks 14 weeks Increase Comp Sales Australian Food and Liquor 8,347 | 9,001 7.8% 5.8% New Zealand Supermarkets (NZD) 1,256 1,316 4.8% 4.5% New Zealand Supermarkets 1,010 1,065 5.4% 4.5% Petrol (dollars)
Slide 13: 26
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Slide 14: The smartcard should have been inserted
The smartcard should have been inserted into your handset when you registered for the AGM jo If the smartcard is not inserted into your i i handset please do so now j i = meer | OMOEA { Make sure the arrows at the bottom of the smartcard are inserted and facing you 28
Slide 15: Inserting Your Smartcard
Inserting Your Smartcard Insert the smartcard up to the red line A welcome message will appear when the card is inserted correctly Casting Your Vote When the poll opens, the handset will display the voting options being 1 to vote FOR the resolution 2 to vote AGAINST the resolution 3 to ABSTAIN or WI
Slide 16: Vote Confirmation
Vote Confirmation Your voting instruction will appear on the handset “Received” will appear on your handset to indicate your vote has counted If you wish to change your mind, simply enter your new choice Dislodged Cards If you accidentally dislodge the smartcard a warning will appear on your screen
Slide 17: Votes Cast By Proxies
Votes Cast By Proxies When the poll opens, the handset will display the voting options being 1 to vote FOR the resolution 2 to vote AGAINST the resolution 3 to ABSTAIN or WITHHOLD your vote This will vote your open votes only, directed votes will go through automatically when you select one of the 3
Slide 18: After the AGM
After the AGM Please leave the handset and smartcard on your seat or hand them to a member of staff as you leave the room The handset has a built in alarm that will sound if you inadvertently leave the building without returning the handset and smartcard Ask for assistance If you have any questions
Slide 19: Formal Business
Slide 20: 09 AGM Woolworths Limited
GALINA] SHINOMIOON, |
Slide 21: 3. Re-election of Directors
3. Re-election of Directors GE LIN] SHLIOMTOOM, John Astbury GALINA] SHLIOMIOOM,
Slide 22: Tom Pockett / James Strong
Tom Pockett CALINI] SHLIOMTIOOM, James Strong CA LINIT SHLIOMTIOOM,
Slide 23: 4. Proportional Takeover Approval Provisions