Macquarie Conference presentation

Macquarie Conference| 2018
GRANT FENN

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OUR PURPOSE, PROMISE AND PILLARS
OUR PURPOSE
We exist to create and sustain the
modern environment.

OUR PROMISE
To work closely with our customers to
help them succeed, using world-leading
insights and solutions.

Our business is founded on
four Pillars which support our
Promise and our Purpose.
OUR PILLARS

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OUR SERVICE LINES
$2.5bn revenue
$5.7bn WIH
5,000 people
$1.1bn revenue
$8.7bn WIH
1,500 people

$1.7bn revenue
$2.8bn WIH
2,000 people

$3.0bn revenue
$17.5bn WIH
36,000 people

$2.4bn revenue
$2.5bn WIH
6,000 people

$1.4bn revenue
$2.0bn WIH
5,000 people


Note: Revenue is annualised 1H FY18

OUR STRENGTHS
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SPOTLESS
Largest integrated facilities services provider in Australia and New Zealand
~36,000 people deliver services to over 1,000 customers
Experienced management team with extensive industry experience
High quality customers (>50% Government)
Long term relationships, recurring revenues
Focus on long dated, expandable, multi-service contracts
Diversified across: defence; education; health; other government sectors; senior
living; sport venues; resources; leisure and hospitality; airports; property
Revenue growth opportunities
Continuing high contract renewal and win rates

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INTEGRATION UPDATE
Spotless is operating as a division of Downer
New CEO and CFO appointed and organisation structure revamped
Downer executives appointed to operational and risk management roles
Downer’s risk management processes and procedures in place at Spotless
FY18 short term incentive program now aligned to Downer’s, including the
introduction of an earnings gate and cash targets
Integration of e.g. Zero Harm, Customers and Markets, Bid Management and
Governance, Procurement, IT and Finance well advanced
Synergies identified and expected to exceed original estimates over time

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Macquarie Conference| 2018
GRANT FENN