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General Announcement::Presentation Slides - 22nd Annual General Meeting

Issuer & Securities

Issuer/ Manager SINGAPORE POST LIMITED

Securities SINGAPORE POST LIMITED - SG1N89910219 - S08

Announcement Details

Announcement Title General Announcement

Date & Time of Broadcast 04-Jul-2014 07:23:36

Status New

Announcement Sub Title Presentation Slides - 22nd Annual General Meeting

Announcement Reference SG140704OTHR45AK

Submitted By (Co./ Ind. Name) Winston Paul Wong Chi Huang

Designation Joint Company Secretary

Description (Please provide a detailed description of the event in the box below)

Attached are the presentation materials for a presentation to be made by Dr Wolfgang Baier, Group Chief Executive Officer of Singapore Post Limited ("SingPost"), at the 22nd Annual General Meeting of SingPost to be held today at 10.30am.

Attachments2014AGMPresentation.pdf

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Page 1 of 1General Announcement::Presentation Slides - 22nd Annual General Meeting

7/4/2014http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=Announceme...

22nd Annual General Meeting & Extraordinary General Meeting4 July 2014

1

We are in the 3rd year of our accelerated transformation

Strong entry into eCommerce after signing partnership with Alibaba, and winning key customers like Adidas

FY2012/13FY2011/12 FY2014/15FY2013/14

May 2012

Jul 2011

Dec 2012

Jan 2013

May 2014

Apr 2013

Mar 2014

Overseas facility in Malaysia

Feb 2014

TRAS-Inter Co (Japan)

Entered into JV in Indonesia

Oct 2013

Jul 2013

Jan2014

IPO

2

We are in the 3rd year of our accelerated transformation

…and creating value for our shareholders

578.5658.8

821.1

0

900

FY11/12 FY12/13 FY13/14

Revenue Underlying Net Profit

135.4 141.0 145.0

We are realising our strategy of growing revenue…

$1.755

Initial success in transformation as we continue to invest in the future

Total shareholder return of 320% since 2003; 4.2x initial investment

$M

$1.16

3

REGIONAL LEADER IN

&

SingPost’s vision and strategy is crystal clear

4

We continue on our dividend commitment

Barring unforeseen circumstances, SingPost will make a minimum annual dividend payout of 5 cents per share

Over the past 8 years, SingPost has paid out an annual dividend of 6.25 cents per share

Our healthy cash flows support dividend payout

150.5178.6

204.1

119.1 118.1 118.8

FY11/12 FY12/13 FY13/14

Free Cash Flow Annual Dividend Payout

Period Quarterly dividend per share

Q1 interim 1.25 cents

Q2 interim 1.25 cents

Q3 interim 1.25 cents

Q4 final1.25 cents +

variable 1.25 cents

Total 6.25 cents

Quarterly dividend payouts

$M

5

And we put continuous emphasis on Corporate Governance

Adhering to All Principles in the Code of Corporate Governance

Board’s Conduct of Affairs

Chairman and Chief Executive Officer

Board Performance

Remuneration Policies

Disclosure on Remuneration

Risk Management & Internal Controls

Internal Audit

Communication with Shareholders

Full details are in the Annual Report

Board Composition

Board Membership

Access to Information

Level and Mix of Remuneration

Accountability

Audit Committee

Shareholder Rights

Shareholder Meetings

Increase in diversity of skills, experience, gender and knowledge of the Board

� Enhanced experience, gender and expertise with new board members

� Rigorous peer-to-peer review to ensure independence including engaging external expert advisory firm Egon Zehnder

� Formal process to assess board performance and effectiveness conducted by Egon Zehnder

� Annual joint Board and Mgmt Strategy Workshop

Detailed Examples

� Actively engage with investors• Regular one-on-one dialogues• Results briefings for media and analysts• Timely release of info non-selectively

� New section in Annual Report on strategies to build a long term sustainable Group

• Risk Management• Innovation & Productivity• Labour Practices and Community Giving

Consistent shareholder engagement

6

Is the transformation finished? Are we there yet?

To keep up momentum, we need to further invest and set up SingPost for sustainable, long-term

shareholder value creation

World Mail Award 2014 for eCommerce

Achieving High Performance in

the Postal Industry: Accenture

Research and Insights 2013

Achieving High Performance in

the Postal Industry: Accenture

Research and Insights 2013

Ranked No. 1 Postal Agency

EMS Gold Level Award by Universal Postal Union

… but we are off to a good start

7

FY2013/14 Highlights

8

FY2013/14 performance – Good progress in transformation

SingPost Group

Revenue � 24.6%

Underlying net profit � 2.9%

Mail

Revenue � 11.5%

Operating profit � 1.0%

Logistics

Revenue � 52.8%

Operating profit �104.7%

Retail & eCommerce

Revenue � 3.5%

Operating profit � 49.2%

M&A contributions and eCommerce parcel growth mitigated impact of decline in traditional

letter business

Continued developmental spending for the Group’s transformation

9

Group Revenue $821.1M

Local revenue

72.2%

Overseas revenue

27.8%

FY2013/14 performance – Higher eCommerceand overseas contributions

Growing eCommercerelated contributions across all business segments of Mail, Logistics, Retail & eCommerce

Increasing revenue from overseas markets with regional expansion

(19.1%)(80.9%)

Previous financial year figures in brackets

10

Challenges in operating environment remain

Second annual decline in domestic mail volumes

Continued escalation in operating costs

High service quality expectations as Public

Postal Licensee, despite declining mail density

New areas of logistics and eCommerce

are very competitive

11

Ready for the future – Accelerating growth in regional eCommerce Logistics

Investment by AlibabaGroup & MOU for

eCommerce Logistics joint venture

Investment by AlibabaGroup & MOU for

eCommerce Logistics joint venture

Further acceleration of growth efforts in

eCommerce Logistics

Further acceleration of growth efforts in

eCommerce Logistics

Continued expansion of the Group’s businesses

in Asia Pacific

Continued expansion of the Group’s businesses

in Asia Pacific

e-Commerce Logistics

Warehousing

& Fulfilmente-Commerce Web Services

Freight, Customs &

Regulations Mgmt

Last Mile Delivery

& Returns

12

Ready for the future – Continued investments in Trusted Communications

$100M investment in postal infrastructure, service quality and innovation

Committed to service obligations and high Quality of Service as Singapore’s Public Postal Licensee

Building innovative channels in digital communications

Managing cost challenges with focus on productivity and efficiency

Thank You

Thank You