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www.jrp.co.uk Record performance • We reported record growth with a 34% increase in turnover (to £10.1m) and a 59% increase in operating profit (of £1.9m) – 56.9% above the industry average of 2.1% for 2014. • Our impressive commercial performance comes on the back of three years of sustained growth - a 57% increase in turnover and 110% rise in operating profit, despite economic challenges and market volatility. • The completion of the monumental £1bn East Village Olympic project. Investment • Expanded into the Middle East having launched a new JV company. • The firm has grown by 42% to 130 staff, we’ve acquired 30 new clients, turned 8 internships into permanent positions and reinvested 1.5% of our turnover in training. Vision • We’ve pioneered change on the issue of skills. Following the success of our industry internship initiative ‘The Pledge’, praised by the Education Minister as a vanguard of its kind we contributed to the London Chamber of Commerce’s ‘Skills to Build’ keynote report. • A seminal piece of research with Reading University will provide the answers to understand how career choices are made and to benchmark attitudes. We will share the findings to help attract diverse talent and prevent a future skills crisis. Determination • We’re forecasting the same levels of growth in 2015 with a strong order book. • We’ve been recognised as a Building Good Employer for the seventh year, nominated for the National Business Awards and contributed to the Agenda 15 campaign. Key highlights for us in 2014

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Recordperformance

• Wereportedrecordgrowthwitha34% increase in turnover (to £10.1m)anda59% increase in operating profit (of £1.9m) –56.9%abovetheindustryaverageof2.1%for2014.

• Ourimpressivecommercialperformancecomesonthebackofthreeyearsofsustainedgrowth-a 57% increaseinturnoverand110%riseinoperatingprofit,despiteeconomicchallengesandmarketvolatility.

• Thecompletionofthemonumental£1bn East Village Olympic project.

Investment

• Expandedintothe Middle EasthavinglaunchedanewJVcompany.

• Thefirmhasgrownby 42% to 130 staff,we’veacquired30newclients,turned8internshipsintopermanentpositionsandreinvested1.5%ofourturnoverintraining.

Vision

• We’vepioneeredchangeontheissueofskills.Followingthesuccessofourindustryinternshipinitiative‘ThePledge’,praisedbytheEducationMinisterasavanguardofitskindwecontributedtothe London Chamber of Commerce’s ‘Skills to Build’keynotereport.

• AseminalpieceofresearchwithReading Universitywillprovidetheanswerstounderstandhowcareerchoicesaremadeandtobenchmarkattitudes.Wewillsharethefindingstohelpattractdiversetalentandpreventafutureskillscrisis.

Determination

• We’reforecastingthesamelevelsofgrowthin2015withastrongorderbook.

• We’vebeenrecognisedasaBuilding Good Employerfortheseventhyear,nominatedfortheNationalBusinessAwardsandcontributedtotheAgenda15campaign.

Key highlights for us in 2014

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Leading on the legacy: OurbiggestaccoladeisbeingapartofthedeliveryofLondon’snewestcommunity,EastVillage,transformingtheformerOlympicVillageintoanewneighbourhoodof2,818homes.Theprojectwascompletedontime and to budget.

Social housing market leader: We’vestrengthenedourpositionasmarketleader,completingphaseoneofthe£136m Green Man Laneprojectandyearoneofthe £86m Ladderswood regeneration project-500newhomes,sixcommercialunitsandahotel.

Estate Viability Model: UsingourAssetInvestmentModel,designedtogobeyondrepairsandmaintenanceandhelprealisetheopportunitieswithinaclients’housingstock,weidentifiedsavingsof£180kforaclient.

Happiness equals success: The‘happinessadvantage’–anewcultureadoptedduringthedownturnhaspropelledusforwardanddelivered110% rise in profitsinthelastthreeyears.

A growing family: We’ve expanded the team by 42%andcreatednewpositionstosupportdevelopmentinthehousingandcommercialsectors.TheseincludenewheadsofAssetManagementandDilapidations.

Exploited market opportunities: We’veexpandedinternationallyandlaunchedanew JV business in the Middle East.

New product development: Asset360-anewAssetInvestmentModelhasalreadyidentifiedsavingsofupto10% for one client. Anattractivetoolforclientsitreaffirmedourpositionastheaffordablehousingmarketleader.

We’vedelivered£500mofsuccessfulprojectsin8countriesaroundtheworldandsecured£3minnewbusiness:

Regardlessofeconomicclimatethesameissuesremainimportant.Wecontinuetoplan,buildlastingclientrelationships,putpeoplefirstandinvestinmakingtheUKconstructionsectorworldclass.

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Inacompetitivemarketplacecustomersatisfactionisakeyelementofourbusinessstrategy.It’sakeydifferentiatorforus.Wehavealoyalcustomerbaseandenjoy80%repeatbusiness,wellabovetheindustryaverage.In 2014 96% of our clients were ‘satisfied or very satisfied’ (compared to consultant industry average of 72%, and 62% for housing) with 84% of clients scoring us ‘better’ than our competitors.

Ourspecialistsustainabilitydivision‘TheSustainableAlliance’launchedin2013isnowintegratedacrossallourclients’projects.It’shavingasignificantimpactonhowweoperateandourclients’projectsimprovingenvironmentalperformancewhiledrivingdowncostsandprotectingrevenue:

Highlights

• Delivering £60kinoperationalsavings:AttheGrandHarbourhotelweappliedacosteffectivesolutionthatdelivered£60kinannualwatersavings.

• Green matters: Weareinconstantpursuitof‘abetterway’.In2014wefurtherreducedourcarbonemissionsby8%byestablishinganewcompanycarpolicywhereallcarsarenowunder115g/km.From2009to2014CO2emissionshavereducedby25%peremployee.

• JRP Green Week: Employeesandclientsattendedthisyear’sGreenWeekandtookawayvaluableintelligenceonfundingmethods,bestpracticeadviceandthelatesttechnologies.

The impact of our approach is reflected through our commercial performance:

• Operatingprofitperemployee+85%

• Totalincome+85%

We measure client satisfaction in a number of ways which focus the team on fulfilling customer expectations:

• 360degreeprojectreviews

• Annualclientsatisfactionsurvey

• Regularfacetofaceclientengagement

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Partneringandcollaborativeworkingisreflectedineverythingwedo.Wehaveaframeworkofpreferredpartnersandprideourselvesonpricingworkresponsibly.

We’veformedthreepartnershipstosupportourclientswiththeissuesthattheyhavetoldusaremostimportanttothem:

• CDM Roadshow –InresponsetotheproposedchangestoCDMregulationsandtheremovalofCDMCoordinatorswehostedaseriesofclientworkshops,makingusthoughtleaderswithourclientswhosaytheyareinformed,empoweredandequippedtorespondthankstoourforesightandexpertise.

• Pioneering change to safeguard the sector –Preventingafuturesectorskillsshortageremainsatoppriority.We’veformedapartnershipwiththeCYTtopromotethesectorandcreatenewopportunities.We’realsoworkingwithReadingUniversityonaseminalresearchprojecttoidentifyhowcareerchoicesaremadeandusethefindingstoencouragediversetalentintoconstruction.

• The Hospitality Real Estate Group:FormedwithexpertswithinthehospitalitysectorandlaunchedatMIPIMUK.

• Building Forensics Partnership: LaunchedlastyearourpartnershipwithlawfirmWinckworthSherwoodhasenabledoneclienttoidentifyandrecover£2minlatentdefects.

• Sustainable Alliance: OurstrategicalliancewithRickabyThompsonenablesustoofferacomprehensivesustainabilityserviceofferingtotheindustry.

A leading voice on skills: WecontributedtotheLondonChamberofCommerce‘SkillstoBuild’report.Itfollowsonthesuccessofourindustryinternshipsinitiative‘ThePledge’whichhassecuredusthebesttalentcomingintotheindustry.

“Whydosofewwomenundertakeconstructionrelateddegrees?Andforthosethatdo,whydosofewgoontojoinourindustry?”

Stephen Gee,JohnRowanandPartners.SourceBuildingMagazine30thJuly2014.

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Weprideourselvesonbeingagoodemployerandapeoplebusiness.We’reproudtoregularlyfeatureasaTimesTop100Employer,aBuildingBestEmployerforsevenyearsandhavebeenInvestorsinPeoplefornineyears

“John Rowan and partners spendsupto2%ofturnoverdevelopingemployees,payingforwork-relatedqualificationsandexternalcoaching. Staff say their training is of great personal benefit (79%,atop25score),andpeoplesenseunlimitedopportunitiestolearnand grow (76%).”

People are at the heart of our business. In 2014 we:

• Reinvested1.25%ofturnoverintraininganddevelopment(industryaverageforconsultants0.7%)

•Providedapprox.5days/40hrsofnewskillsdevelopment(industryaverage1.2days)

•Invested£100kinresearchand£65kinnewproductdevelopment

Employeesfeelrewardedandmotivated(theimpact:90%satisfaction)andourclientstellusthattheyenjoyworkingwithus(theimpact:80%repeatbusiness).

Highlights:

• Asset Management Research:castalightonhowhousingportfoliosarebeingmanagedandprovidedvitalfinancialandsocialperformanceintelligence.

• JRP’s Got Talent:Lastyear’swinningideatocreateacentralbidteamandimprovetheeffectivenessofthetenderprocesshasseenuswina20%increaseincontracts.

• Mentoring scheme: 31employeesqualifiedin2014and38%ofemployeesnowhavecharteredstatus.