Combined shareholders ’ meeting May 12, 2015
Disclaimer This presentation contains estimates and/or forward-looking statements and information. These statements include financial projections, synergies, estimates and their underlying assumptions, statements regarding plans, expectations and objectives with respect to future operations, products and services, and statements regarding future performance. Such statements do not constitute forecasts regarding SUEZ ENVIRONNEMENT COMPANY’s results or any other performance indicator, but rather trends or targets, as the case may be. No guarantee can be given as to the achievement of such forward-looking statements and information. Investors and holders of SUEZ ENVIRONNEMENT COMPANY securities are cautioned that forward- looking information and statements are subject to various risks and uncertainties, which are difficult to predict and generally beyond the control of SUEZ ENVIRONNEMENT COMPANY, and that such risks and uncertainties may entail results and developments that differ materially from those stated or implied in forward-looking information and statements. These risks and uncertainties include, but are not limited to, those discussed or identified in the public documents filed with the Autorité des marchés financiers (AMF). Investors and holders of SUEZ ENVIRONNEMENT COMPANY securities should consider that the occurrence of some or all of these risks may have a material adverse effect on SUEZ ENVIRONNEMENT COMPANY. SUEZ ENVIRONNEMENT COMPANY is under no obligation and does not undertake to provide updates of these forward-looking statements and information to reflect events that occur or circumstances that arise after the date of this document. More comprehensive information about SUEZ ENVIRONNEMENT COMPANY may be obtained on its Internet website (www.suez-environnement.com). This document does not constitute an offer to sell, or a solicitation of an offer to buy SUEZ ENVIRONNEMENT COMPANY securities in any jurisdiction. 2 Combined shareholders ’ meeting ▌ May 12, 2015
Opening Gérard Mestrallet Chairman
Main documents made available to the shareholders Reference document including the Board of Directors ’ management report Financial statutory statements and consolidated financial statements for 2014 Text of draft resolutions and Board of Directors’report on the resolutions Report of the Chairman of the Board of Directors pursuant to Article L.225-37 of the French Commercial Code Statutory Auditors ’ reports 4 Combined shareholders ’ meeting ▌ May 12, 2015
Agenda Introduction 1 Presentation Presentation of the 4 6 by Mr Gérard Mestrallet, of the reports of the statutory auditors ’ report Chairman Board of Directors and the reports of the Committees 2014 Performance 2 Let’s share our 7 by Mr Gérard Mestrallet, and strategy : views Chairman, and by the Intervention Presidents of the of Mr Jean-Louis Chaussade, committees Chief Executive Officer Presentation Financial results : 8 5 Vote on resolutions 3 of the resolutions : Intervention Intervention of Mr Christophe Cros, Senior Executive VP Finance of Mr Jean-Yves Larrouturou, General Secretary 5 Combined sharhoders ’ meeting ▌ May 12, 2015
Introduction Gérard Mestrallet Chairman
A worldwide leader in management of resources Present in 70 countries 5,680 GWh 81,000 of energy employees 40 million tons 14 million tons. produced each of treated waste of reused waste year from 2014 revenues: recovered waste € 14.3 bn 49% 51% Water Waste Revenues except Europe: 65 million 10 million 92 million 28% people people supplied people supplied benefiting from with drinking water with drinking water waste water produced from 410,000 services desalination sea water industrial and business customers 7 Combined sharhoders ’ meeting ▌ May 12, 2015
The confidence of our 270,000 shareholders 10% 33.7% 6.2% ENGIE individual Individual and shareholders employees 3.8% shareholders 5.7% represent employees 540,233,829 10% CAIXA GROUP shares of the capital 50.1% 0.5% institutional investors treasury stocks As of end December 2014 8 Combined sharhoders ’ meeting ▌ May 12, 2015
A group listening its shareholders to encourage an long term investment Information and dialogue Individual shareholders Internet dedicated website 6 Shareholder meetings every year Dynamic Shareholders ’ Club Toll-free hotline in France and in Belgium Shareholder newsletter and guide Actionaria trade show Consultation panels Employee shareholders Institutional investors Worldwide plan « Sharing » More than 350 investors meetings 16,500 subscribers in 2014 9 Combined shareholders ’ meeting ▌ May 12, 2015
A well-balanced governance A more diversified and well-balanced Board of Directors: 50% of independent Board members a third of Board members appointed on the proposal of ENGIE, Balance of in line with the part of capital hold by ENGIE power : a director co-opted within the framework of the strategic partnership with The Caixa Preservation of An increasing number of women and of foreign nationalities the dissociation an industrial strengthening of the representation of sectors and the financing of the functions of big projects of Chairman and 2 directors representing the employees Chief Executive Officer Active committees, mainly independent A governance in line with the Groupe strategy and the best practices 10 Combined sharhoders ’ meeting ▌ May 12, 2015
A wordwide leadership in both its 2 activities An ongoing strategy of sustainable growth Strong fundamentals Ambitious objectives Long-lasting growth with a well-balanced Clearly defined geographical presence model Complementary models of activity Improvement of the efficiency Priority given to the organic growth and transversality and to the integration Priority in the profitability Financial and operational levers for Adaptation of our offer to the increasing an acceleration of the development needs for our customers A group committed towards the acceleration of its growth 11 11 Combined shareholders ’ meeting ▌ May 12, 2015
Strong share price performance since January 1 st , 2014 (share price on 05/08/2015 - base 100 on 12/31/2013) +43,8% 150 SEV CAC40 DJ EUROSTOXX UTILITIES 140 130 +18,5% +18,1% 120 110 100 90 SUEZ environnement overperforms its sector + 67% with dividends réinvested in shares since the quotation on 07/22/2008 12 Combined shareholders ’ meeting ▌ May 12, 2015
2014 performance and strategy Jean-Louis Chaussade Chief Executive Officer
All 2014 targets achieved Strengthening of our Solid performance Opportunities market positions of growth Net result group share: € 417 m with important seized on the new commercial + 18.5% markets Free cash flow > € 1 bn successes Reinforced strategic balances 14 Combined shareholders ’ meeting ▌ May 12, 2015
A leadership confirmed by our successes NORTH AMERICA BENELUX / UK FRANCE GERMANY NASSAU (USA) MERSEYSIDE IVRY BRABANTSE GEMEENTEN (Netherlands) MIDDLETOWN VERSAILLES SAINT-CLOUD CHINA (USA) LIEGE (Belgium) SPAIN MONTPELLIER NANTONG EDMONTON (Canada) CANAL DE NAVARRA HONG-KONG YANGZHOU AFRICA MOYEN-ORIENT CASABLANCA (Morocco) MIRFA (Abou Dhabi) CENTRAL AND SOUTH AMÉRICA DOHA WEST (Qatar) MEKNES (Morocco) INDIA AUSTRALIA PANAMA (Panama) CHILE GABAL EL ASFAR (Egypt), AL AMERAT (Oman) MUMBAI PORT STEPHENS KLABIN (Brazil) SUCCESSFULL 5-YEAR BAKOU (Azerbaïdjan) HASSI MESSAOUD (Algeria) PUNE TARIFF RENEGOTIATION (2015-2020) BANGALORE NUEVO PEMEX (Mexico) 15 Combined shareholders ’ meeting ▌ May 12, 2015
A balanced business model 2014 revenues 49% water - 51% waste Breakdown by geography RoW 3% 3% Design & Build 28% Rest of the Asia 3% world New Services 3% 4% Chile Equipment Morocco 5% Services 11% 24% & Services USA 6% 36% France Australia 6% Elimination 9% Concessions 25% Other 6% & OM Europe Sorting & 10% 7% UK Recycling Germany 7% EfW & other Regulated 12% 12% 8% Spain and Benelux recovery 36% Rest of Europe WATER WASTE 16 Combined shareholders ’ meeting ▌ May 12, 2015
Ambitious objectives which become a reality year after year Water new services Waste recovery Target for 2012-2016: Target for 2012-2016: 2014 1,5t recovered +11% 2014 Revenue growth > 2t recovered for / 1t eliminated 10%/year 1t eliminated International development Industrial water Target for 2012-2016: Target for 2012-2016: Average 2014 +8% +15% 2008 - 2014 Revenue growth = Revenue growth 6 to 8%/year circa 10%/year 17 Combined shareholders ’ meeting ▌ May 12, 2015
A strategy which leans on organic growth Reinforce our Increasing our concessions in France and Spain historical basis Developing our regulated activities in the USA and Chile while … Consolidated our waste treatment and recycling network Spreading advanced solutions all over the world AND Becoming established in new geographies with adapted develop iteself models while … Looking for new targets (industrial customers) and for new markets (plastics) 18 Combined shareholders ’ meeting ▌ May 12, 2015
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