Welcome to the 2018 Annual General Meeting 26 April 2018 Michael - - PowerPoint PPT Presentation

26 April 2018

Welcome to the 2018 Annual General Meeting

Chairman

Michael Dobson

1

Group Chief Executive

Peter Harrison

2

* Before exceptional items

Fu Full y yea ear 20 2017 7 res esults ts

Revenue g growth th wi with th cost st disc scipline

Key metrics at record levels Positive net new business Improved ratio of total costs to net income Dividend increased by 22%

2017 2016 Change Net income* £2,068.9m £1,793.1m 15% Ratio of total costs to net income 61% 64%

• Profit before tax*

£800.3m £644.7m 24% AUMA £447.0bn £395.3bn 13% Net new business £9.6bn £1.1bn

• Basic EPS*

226.9p 186.3p 22% Dividend per share 113p 93p 22%

3

Consiste tent g nt growth th i in dividend

Main aintain ined 5 50% p pay ayout r rat atio in in 2017

4

31 31 37 39 43 58 78 87 93 113 20 40 60 80 100 120 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Total dividend pence

As pr profits ts h have i e increased ed

15% c com

• mpo

pound a annu nnualised g grow

• wth r

rate of

• f dividend s

sinc nce 2 2008

5

31 31 37 39 43 58 78 87 93 113 100 200 300 400 500 600 700 800 900 20 40 60 80 100 120 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Total dividend Pre-exceptional PBT (rhs) pence £m

Diver ersified ed a and s stable bu busines ess

With th increase sed asse sset c t class d ss diversificati tion

6

50 100 150 200 250 300 350 400 450 2011 2012 2013 2014 2015 2016 2017 Equities Fixed Income Multi-asset Private Assets & Alternatives Wealth Management £bn

7

£33.3bn AUM in new category of

Private Assets and Alternatives

£2.5bn net new business

Net flows well diversified by investment capabilities

Priv rivate Asset ets & A & Alt lternativ ives

EMD Absolute Return 8% GAIA 10% Securitised Credit 14% Infrastructure Finance 3% Insurance-Linked Securities 6% Private equity 20% Real Estate 36% Commodities 3%

8

Outlook

• ok

Cont

• ntinue to inv
• invest in long

n long-term g growth o h oppor

• rtuni

nities

Diversifying product

• ffering through new

investment expertise Expanding our geographical footprint Embracing opportunities created by latest technology

Our ro ur role le in in wid ider s r socie iety

Commi mmitted t to shaping f futu ture p prosp sperity

9

• Signatory to RE100: committed to using

100% renewable energy by 2025

• CO2 emissions per employee down 38%

since 2015

• Reviewing all single-use plastics and

replacing with alternatives where possible

• 20 years of integrating ESG into investment

processes

• Over 1,000 engagements with companies
• n ESG issues in 2017
• A+ rating in UN Principles for Responsible

Investing

• CAF platinum award: 29% of UK employees

support charities through payroll GAYE

• £2m donated globally to charitable causes
• Signatory to the Social Mobility Pledge
• 94% of employees proud to be associated with

Schroders

• Signatory to Women in Finance charter, target

33% female senior management by end 2019

• Narrowed gender pay gap in 2017

Chairman

Michael Dobson

10

Resolutions

11

1) To receive the Report and Accounts 2) To declare the Final dividend 3) To approve the Remuneration report 4) To elect Sir Damon Buffini 5) To re-elect Michael Dobson 6) To re-elect Peter Harrison 7) To re-elect Richard Keers 8) To re-elect Robin Buchanan 9) To re-elect Rhian Davies 10) To re-elect Rakhi Goss-Custard 11) To re-elect Ian King 12) To re-elect Nichola Pease 13) To re-elect Philip Mallinckrodt 14) To re-elect Bruno Schroder 15) To appoint Ernst & Young LLP as auditors 16) To authorise the Audit and Risk Committee to determine the auditors’ remuneration 17) To renew authority to allot shares 18) To renew authority to purchase own shares* 19) Notice of general meetings* * Special resolution

Thank you for attending the 2018 Annual General Meeting

13

Fo Forward l looking ng s state tements nts

These presentation slides may contain forward-looking statements with respect to the financial condition, performance and position, strategy, results of operations and businesses of the Schroders Group. Such statements and forecasts involve risk and uncertainty because they are based on current expectations and assumptions but relate to events and depend upon circumstances in the future and you should not place reliance on them. Without limitation, any statements preceded or followed by or that include the words ‘targets’, ‘plans’, ‘sees’, ‘believes’, ‘expects’, ‘aims’, ‘confident’, ‘will have’, ‘will be’, ‘will ensure’, ‘likely’, ‘estimates’ or ‘anticipates’ or the negative of these terms or other similar terms are intended to identify such forward-looking statements. There are a number of factors that could cause actual results or developments to differ materially from those expressed or implied by forward-looking statements and forecasts. Forward-looking statements and forecasts are based on the Directors’ current view and information known to them at the date of this statement. The Directors do not make any undertaking to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Nothing in these presentation slides should be construed as a forecast, estimate or projection

• f future financial performance.