Annual Presentation LHC3 plc Bond Investors 30 April 2019 - PowerPoint PPT Presentation

Annual Presentation LHC3 plc Bond Investors 30 April 2019

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Today’s Presenters Luigi Lubelli Chief Financial Officer Alvaro Perera Head of Corporate Development 3

01 Business Per formance Over view

2018 Key Achievements Continued strengthening of our distribution capabilities: scale, diversification, broad 1 offering, global footprint 2 Reinforcement and diversification of senior leadership team 3 Intensified development & launch of new digital solutions Solid profitability and solvency, supporting future growth both organically and through 4 acquisitions 5

Trends In Financial Performance Avg. AuA ( € bn) Revenues ( € m) Adjusted EBITDA ( € m) 221 Adj. EBITDA Margin (%) 367 137 124 12A-18A 190 12A-18A 12A-18A +25% CAGR +33% +22% CAGR CAGR 302 111 160 101 156 220 76 197 115 69% 66% 55% 88 56 66% 64% 62% 134 64% 66 96 36 68 2012 2013 2014 2015 2016 2017 2018 2012 2013 2014 2015 2016 2017 2018 2012 2013 2014 2015 2016 2017 2018 33% 31% 39% (2%) 21% 17% Growth (%) 42% 40% 47% 12% 37% 21% 56% 36% 46% (9%) 24% 10% 6

Successfully Widening Customer Footprint And Revenue Base Total number of customers Revenue diversification ( € mn) CAGR 16-18 UCITs remuneration +75 623 Other revenues From Italy/Spain +7 19% 221 Other countries +68 190 548 156 168 13% (76%) 157 (83%) 131 (84%) 53 44% (24%) 33 26 (17%) (16%) 31/03/2017 31/12/2018 2016 2017 2018 7

2018 Volume Performance € bn -2.8% (+0.8%) 87.4 358.7 11.0 348.6 Organic Flows 2.8 23.9 (+3.1%) 39.5 (-6.7%) Migrations Net Flows 42.5 271.3 5.4 + € 13.9bn Market effect AuA AuA Organic Flows Migrations Market effect AuA 31/03/17 (1) 31/12/17 31/12/18 • Allfunds generated significant alpha in its AuA performance vs. the broader market as a result of new client wins and secular growth from existing clients • C. 77% of AuA growth since 1Q17 came from new migrations -2.8%% AFB Eurostoxx 50 -14.3% FTSE MIB -15.0% -16.1% IBEX 35 Equity & Fixed Income composite (2) -6.2% 8 (1) Latest available data provided at the Roadshow (2) Used for internal benchmarking purposes consisting of 50% Equity (60% Eurostoxx 50 and 40% MSCI World Index) and 50% Fixed Income (Barclays Capital US Bond Index)