1

Who is RBS Morgans Carlton?

2

Australia’s Largest Broker: HQ based in Brisbane, QLD

Largest Retail Broker in Australia

No. of offices1 RBS Morgans 60+2 Patersons 183 Bell Potter 134 Ord Minnett 105 Macquarie 106 Wilson HTM 67 MS Smith Barney 58 E.L. & C. Baillieu 5

Source: Company websites

Key RBS Morgans retail network statistics

520 specialist client advisors

Over 60 offices, locations in every State and Territory across Australia

Offices cover 90% of the Australian population

Largest broker in Australia by a substantial margin

QLD NSW VIC SA

BRISBANE – HEAD OFFICE MACKAY SYDNEY – HEAD OFFICE NEUTRAL BAY MELBOURNE – HEAD OFFICE ADELAIDE

BRISBANE – EDWARD ST MILTON SYDNEY – MACQUARIE ST NEWCASTLE MELBOURNE – FARRER HOUSE NORWOOD

BUNDABERG NOOSA SYDNEY – PHILLIP ST - LVL 33 NEWPORT BERWICK

BURLEIGH HEADS REDCLIFFE SYDNEY – REYNOLDS EQUITIES

ORANGE BRIGHTON TAS

CAIRNS ROCKHAMPTON ARMIDALE PARRAMATTA CAMBERWELL HOBART

CALOUNDRA SPRING HILL BALLINA PORT MACQUARIE CARLTON

CAPALABA STANTHORPE BALMAIN SCONE GEELONG NT

CHERMSIDE SUNSHINE COAST CHATSWOOD WOLLONGONG RICHMOND DARWIN

EMERALD TOOWOOMBA COFFS HARBOUR SOUTH YARRA

GLADSTONE TOWNSVILLE GOSFORD ACT TRARALGON WA

GOLD COAST YEPPOON HURSTVILLE CANBERRA WARRNAMBOOL PERTH

IPSWICH MERIMBULA

3

Our focus

• Private Client Stockbroking– Australia’s largest private client stockbroking & wealth management network with 53 branches and

483 advisers across all States and Territories • Corporate Finance

– No 1 small and mid cap corporate finance house for the past five years– IPOs, Rights Issues, Seed Capital, Underwriting

• Wealth Management– Financial Planning, Superannuation, Risk/Insurance

• Institutional Sales Team – Specialist small and mid cap team with direct access to Australia’s leading fund managers

• Research – Leaders in small and mid cap company research

4 4

East Coles’ 2013 SMH AGE Equities Markets Research

No. 1 Ranked Small & Mid Caps Research Team (Non-Bank Owned)No. 1 Ranked Small & Mid Caps Dealing Team (All Houses)Top 3 Rated Small & Mid Caps Dealer – Matt Ryan (All Houses)8 Rated Small & Mid Cap Research Analysts

Awards

Australian Financial Review's Smart Investor Blue Ribbon Awards 2013

Full Service Broker of the Year

Wall Street Journal

Australia’s Number 1 Stock Picker 2013

5

On 1 June 2013 the CIMB / Morgans strategic alliance took effect covering research and cooperation on corporate advisory and capital markets work in Australia

Under the alliance, CIMB and Morgans will also work collaboratively to manage equity capital markets (ECM) mandates, and leverage the retail and institutional distribution platforms of CIMB and Morgans, in Australia, Asia and the rest of the world

The strategic alliance creates a powerful network through Australia, the emerging ASEAN region and the traditional powerful financial market centres – US, UK & Europe

+

Morgans & CIMB – a new & powerful strategic alliance