ANSELL LIMITED — AGM Information 2011

Oct 16, 2011

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CHAIRMAN’S ADDRESS

2011 ANNUAL GENERAL MEETING

Ladies and Gentlemen

When we last met, in October 2010, our outlook for the remainder of the 2011 financial year was positive based on the good sales and profit momentum that has been carried from 2010 into the 2011 financial year.

It is pleasing to be able to report to you that in the 2011 financial year Ansell delivered, despite significant challenges, outstanding US dollar results with double digit sales and profit growth being achieved. The strong 2011 performance, that delivered results above our internal business plans and above external guidance, showed the benefits of participating in four different business sectors with well balanced and diversified global portfolios of health and protection solutions.

Ansell has further strengthened its investment grade balance sheet and we have financial metrics that gives us the flexibility to pursue new opportunities in our existing business portfolios as they arise, execute on acquisition opportunities, pay dividends or buy back shares as considered appropriate.

Our Chief Executive Officer, Magnus Nicolin, will address you shortly and will speak specifically about the business results, our plans to continue to accelerate sales and profit growth, and the priorities and outlook for the current year

As shareholders you will be aware that although the Company reports in Australian dollars the Company is managed in US dollars. Year on year, Sales revenues in US dollars were up 11% and Profit Attributable to Shareholders of US$122 million was up 15% on the previous year.

Reported Earnings per Share of US 91.6 cents was up 15% on the previous year and exceeded the guidance range that was announced at the time of our presentation of the Company’s half year results in February of this year.

It was particularly pleasing that as a result of the Company’s solid balance sheet and strong trading performance the Board was able to continue with the history of steady dividend growth and declare an increased final dividend for the 2011 financial year of 19 cents per share. The total dividend for the 2011 financial year was therefore 33 cents per share, up 8% on the previous year.

In a continuation of Ansell’s balanced capital management strategy, the Company announced in August of this year a new 5 million on-market share buy back program that will be completed within 12 months. This modest buyback acknowledges Ansell’s strong cash position and is expected to be Earnings per Share accretive. Ansell’s strong preference remains, however, to enhance shareholder value through attractive acquisitions that expand the Company’s product portfolio and geographic reach and other investment opportunities that arise.

Ansell takes its corporate responsibilities seriously and is committed to conducting its operations in a responsible, ethical, and sustainable manner while striving to achieve the goals of the Company.

Ansell is committed to protecting the environment and minimizing our impact on the environment. The Company believes that environmental stewardship is the responsibility of all employees, and environmental issues are communicated, tracked and reported at all levels of the organization.

An example of the progress made in this area is that in the period from 2004 to 2011, Ansell’s manufacturing facilities have reduced C0[2] emissions by 35% and are working towards the achievement of further reductions. The new biomass boiler system at our Sri Lankan manufacturing facility, an eco-friendly installation that uses biomass material as its fuel source instead of fuel oil, reduced our C0[2] emissions by 18,500 tons in 2011.

Ansell is committed to a diverse global work force which will enable us to attract and retain a diverse team of talented people and will encourage greater innovation and better business results. Our commitment to a diverse work force is reflected in the progress made in the gender diversity in our leadership teams which increased significantly during the 2011 financial year. Our overall employee population is well gender diverse with 49 per cent of our employees being male, 51 per cent being female.

We will continue to focus on the diversity of our workforce and will implement specific diversity objectives to measure our progress.

Ansell’s diverse global portfolio of health and protection solutions continues to be a major driver of the Company’s ability to deliver consistent and sustained business performance. This could not be achieved without the considerable efforts of our workforce of over 10,000 spread across 33 countries dedicated to the development, manufacture, marketing and distribution of our products. The results for the 2011 financial year could not have been achieved without the considerable efforts and commitment of the men and women of Ansell around the world.

I now invite your Chief Executive Officer, Magnus Nicolin, to comment on the results for the 2011 financial year, the Company’s program for accelerated sales and profit growth and the outlook for the 2012 financial year.