GUD HoldingsAGM 2013

Ross Herron Chairman

GUD HoldingsAGM 2013

Jonathan Ling Managing Director

GUD HoldingsChairman’s address

Managing Director’s address

Business of the Meeting

Meeting Agenda

FY 12

219

86

99

205

611

FY 13

194

87

101

214

596

Sales Performance

$m

Consumer

Automotive

Water

Industrial

Group

Consumer

$m

Sales

EBIT*

FY 12

219.2

33.0

FY 13

194.2

19.9

-11%

-40%

*Underlying EBIT

Water

$m

Sales

EBIT

FY 12

99.2

7.5

FY 13

100.9

8.3

+2%

+11%

Industrial

$m

Sales

EBIT*

FY 12

204.8

7.8

FY 13

214.0

7.2

+4%

-8%

*Underlying EBIT

Strategy initiatives

1. Improved manufacturing efficiency

Uncompetitive plants closed in New Zealand and Australia

Outsourcing improved margins

Factoriesclosed

New plant investment Increasedefficiencies

Outgoing efficiency efforts

Strategy Initiatives

2. Supply chain efficiency

Ongoing incremental efforts

Each business focused on improvements

Particular concentration on transport logistics

1. Improved manufacturing efficiency

3. New product development

Strategy Initiatives

2. Supply chain efficiency

5. Value - creating acquisitions4. Investment in brands

Strategy Initiatives

Dexion acquired in 2010

Possible acquisitions constantlyanalysed

Strict investment criteria

Current Dexion Initiatives

New Malaysian plant offers growth potential

Increased competitive ability

Future Dexion Initiatives

Dexion Commercial business model being reviewed

Determining optimal manufacturing capacityin Sydney, Kuala Lumpurand Shanghai

Future Sunbeam Initiatives

Ongoing competitive challenges

Retains #1 brand position

New product & brand investment

Improve cost base

Capitalise on technology for better engagement

Optimising Business Performance

All sales regions ahead of last year

Management focused on improved returns

Specific programs now in place

Water CVA return %

FY 2009 2010 2011 2012 2013

12.3 15.6 9.2 7.9 8.1

Optimising Business Performance

Growth expected in FY13

New product program & marketing initiatives

New channel & pricing opportunities

Consumer CVA return %

FY 2009 2010 2011 2012 2013

17.6 19.0 21.8 19.9 14.4

Our FutureShort term focuson both optimisingand restructuringoperations.

Our FutureFocus on scalingbusinesses thatcan competeon a global scale.

Our FutureNo plans for acquisitionsbeyond currentactivity base.