SUPER RETAIL GROUP LIMITED — AGM Information 2018

Oct 23, 2018

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2018 Annual General Meeting

24[th] October 2018

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Chair’s Presentation Dr Sally Pitkin

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Dividend Per Share Trends

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Reported DPS (c)

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49.0
46.5
41.5
40.0 40.0
38.0
32.0
29.0
21.5
18.0
13.0
Jun 08 Jun 09 Jun 10 Jun 11 Jun 12 Jun 13 Jun 14 Jun 15 Jun 16 Jun 17 Jun-18
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Long Term Shareholder Returns

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Value of $1,000 invested 10 years ago
$10,000
$9,000
$8,000
$7,000
$6,000
$5,000
$4,000
$3,000
$2,000
$1,000
-
Jun-08 Jun-09 Jun-10 Jun-11 Jun-12 Jun-13 Jun-14 Jun-15 Jun-16 Jun-17 Jun-18
Super Retail ASX200 Accum. Index ASX200 Accum. Consumer Discr. Index
Value of $1,000 invested
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Chair’s Presentation Dr Sally Pitkin

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Play Video

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Group MD & CEO’s Presentation Peter Birtles

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Contents

2017/18 Performance 2018/19 Trading Update Group Strategy

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Group Highlights

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FINANCIAL PERFORMANCE

• Total Group sales of $2.57 billion up by 4.2% on pcp

• Total Segment EBIT of $219.6 million up by 5.9% on pcp

• Normalised NPAT of $145.3 million up by 7.0% on pcp

• Operating cash flow of $308.4 million up by $73.9 million on pcp

• Full year dividend of 49.0 cents per share up by 5.4% on pcp

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Group Highlights

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Core businesses growing faster than retail sales

• Total Sales Growth 5.3% 3.2% 3.7%

• 2.9% Annual Growth in Total Nominal Retail Sales (per ABS Retail Trade 3 Aug 2018)

Transformation initiatives delivering expected benefits

Sports

Outdoor

• Customer NPS higher than PCP

• Like for like sales growth building

• Cost synergies built into FY19 budget

• Margin synergies on track for end FY19

• Macpac trading ahead of business case

• 9 Rays converting stores delivering strong LFL sales growth

• Rays losses will be eliminated by end FY19

• Rebel 2.0 initiatives in trial phase

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Group Highlights

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Investment in omni-retail capabilities underpinning growth - Total On-line Sales Growth 85% 152% 76% - Increase in our Online Market Share[(1) ] +5.8% +13.2% +3.2%

(1) Source : Compare to key category competitors - Quantium NAB Data: 12 months ending June 2018.

$m	2017/18	2016/17	2015/16	2014/15
Pre tax operating cash flow	352	288	203	228
Timing benefits	(17)		38
Underlying pre tax operating cash flow	335	288	241	228
Cash conversion ratio to normalised EBITDA	114%	104%	98%	99%

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Performance Trends

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Team

Team Engagement

Safety

Team Retention

Lost Time Injury Frequency Rate

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68% 71% 71% 70%
Jun 15 Jun 16 Jun 17 Jun 18
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13.2
8.8
6.5 6.4
Jun 15 Jun 16 Jun 17 Jun 18
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75% 75% 74% 74%
Jun 15 Jun 16 Jun 17 Jun 18
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Customer

Average Net Active Club Customer Promoter Score Members Transactions

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36.9% 43.1% 53.5% 57.9%
Jun 15 Jun 16 Jun 17 Jun 18
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42.8M 44.0M 44.5M 45.6M
5.2M 5.5M
4.0M 4.5M
Jun 15 Jun 16 Jun 17 Jun 18 Jun 15 Jun 16 Jun 17 Jun 18
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• Average of club member NPS scores of each Division

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Auto Retailing

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Key Statistics Snapshot(latest available data)	Trend		0 2.5 5 12	0 2.5 5		5.0 2.4 2.2 4.4 3.6 3.6 FY13 FY14 FY15 FY16 FY17 FY18 LFL Sales Growth (%)
Active club members		1.47m
Club members NPS		59%
Club sales % total sales		37%
Store numbers		319
Share of online spending in auto retailers(1)		24%
Online sales % total sales		5%
				12		11.5 113 11.6 11.6 Operating Margin (%)
Click and collect % online sales		>50%
Private brand mix		44%
				11 11.2 . 10 10.5 11 11.5 FY13 FY14 FY15 FY16 FY17 FY18

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Private brand mix 44% 12 11.6 11.6
11.5
11.3
11.5 11.2
11
11
10.5
10
FY13 FY14 FY15 FY16 FY17 FY18
Competitors Divisional Pre Tax ROC (%)
45
40
35
Source: Hitwise FY13 FY14 FY15 FY16 FY17 FY18
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(1) Source : Compare to key category competitors - Quantium NAB Data: 12 months ending June 2018.

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Outdoor Retailing - BCF

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Key Statistics Snapshot (latest available data) Trend
LFL Sales Growth (%)
Active club members 1.36m 5.5
6 5.1
Club members NPS 57%
4
2.2
Club sales % total sales 79%
2 1.1
Store numbers 134 -1.1 -1.1
0
Share of online spending in leisure 12% -2 FY13 FY14 FY15 FY16 FY17 FY18
retailers(1)
Online sales % total sales 6%
Operating Margin (%)
Click and collect % online sales >50% 9.8 9.6
10
Private brand mix 31% 9 8.4
8
7 6.5
5.9
6 5.5
5
FY13 FY14 FY15 FY16 FY17 FY18
Divisional Pre Tax ROC (%)
Competitors
35
30
25
Source: Hitwise 20
FY13 FY14 FY15 FY16 FY17 FY18
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(1) Source : Compare to key category competitors - Quantium NAB Data: 12 months ending June 2018.

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Outdoor Retailing - Macpac and Rays

2017/18 $Am	2017/18 $Am
Macpac contribution post acquisition - Sales - EBIT	31.4 7.8
Rays - Sales - EBIT	50.1 (5.5)
52 week LFL sales growth - Macpac - Rays continuing stores	circa 8% 8.2%
Macpac Proforma Full Year - Sales - EBIT	94.7 15.0

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Sports Retailing

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Key Statistics Snapshot(latest available data)	Trend
Active club members		2.47m
Club members NPS		55%
Club sales % total sales		61%
Store numbers		159
Share of online spending in sports retailers(1)		25%
Online sales % total sales		8%
Click and collect % online sales		>30%
Private and exclusive brand mix		16%

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Competitors
Source: Hitwise
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LFL Sales Growth (%)
8.0
8 6.6 6.3
6
4.4
4 2.6
2.0
2
0
FY13 FY14 FY15 FY16 FY17 FY18
Operating Margin (%)
11 10.5
10 9.2 9.4 9.5 9.6 9.3
9
8
FY13 FY14 FY15 FY16 FY17 FY18
Divisional Pre Tax ROC (%)
15
10
5
FY13 FY14 FY15 FY16 FY17 FY18
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(1) Source : Compare to key category competitors - Quantium NAB Data: 12 months ending June 2018.

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Contents

2017/18 Performance 2018/19 Trading Update Group Strategy

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2018/19 Trading Update

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Auto Retailing

• Supercheap Auto sales growth in the first 16 weeks of 2018/19

• Total 4.1%

• LFL 3.1%

Outdoor Retailing

• BCF sales growth in the first 16 weeks of 2018/19

• Total 1.7%

• LFL 2.4%

• Macpac sales growth in the first 16 weeks of 2018/19

• Total 17.6%

• LFL 8.4%

Sports Retailing

• rebel sales growth in the first 16 weeks of 2018/19

• Total 4.0%

• LFL 2.4%

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Contents

2017/18 Performance 2018/19 Trading Update Group Strategy

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Our Group Strategy

OUR VISION

Inspiring you to live your passion

OUR PURPOSE

To provide solutions and engaging experiences that inspire our customers to make the most of their leisure time

Our Group Strategy

OUR GOALS

Healthy, passionate Inspired, engaged and high and satisfied performing team customers

Sustainable omniTop quartile retail capabilities shareholder returns

Our Group Strategy

OUR STRATEGY

Growing businesses in high involvement categories

Engaging capable team members who share our customers’ passions

Building a world class omni-retail organisation

Our Group Strategy

OUR CUSTOMER PROMISE

INSPIRATION

Inspiring our communities with our passion

EXPERIENCE

Engaging you and providing outstanding service & expertise

SOLUTIONS

Determining the best solution for your needs

DELIVERY

Delivering how, when and where you choose

CONFIDENCE

Guaranteeing the competitive value of our solutions

Our Group Strategy

OUR VISION

Inspiring you to live your passion

OUR PURPOSE

To provide solutions and engaging experiences that inspire our customers to make the most of their leisure time

Healthy, passionate Inspired, engaged Sustainable omniTop quartile OUR GOALS and high and satisfied retail capabilities shareholder returns performing team customers Engaging capable team Growing businesses in high Building a world class OUR STRATEGY members who share our involvement categories omni-retail organisation customers’ passions OUR INSPIRATION EXPERIENCE SOLUTIONS DELIVERY CONFIDENCE CUSTOMER Inspiring our Engaging you Determining the Delivering how, Guaranteeing PROMISE communities and providing best solution for when and the competitive with our outstanding your needs where you value of our passion service & choose solutions expertise OUR VALUES PASSION OPENNESS INTEGRITY CARE DISCIPLINE

Our Group Strategy

Growing businesses in high involvement categories

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Engaging capable team members who share our customers’ passions

OUR SUPER TEAM

Building a world class omni-retail organisation

ONE SUPER WAY

COMPETITIVE ORGANISATION

SUSTAINABLE FOUNDATIONS

TECHNOLOGY SUPPLY CHAIN SUSTAINABILITY

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Group MD & CEO’s Presentation Peter Birtles

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Items of Business

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Item 1

STATEMENTS OF REPORTS AND ACCOUNTS Resolution Required: NO

Questions?

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Procedure for the remainder of the meeting

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Each item requires a formal vote. Shareholders will be given the opportunity to ask questions.

Voting on each item will be by Poll rather than by show of hands.

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Attendees wishing to vote should use the Voting Card provided on registration.

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Item 2 – Remuneration Report

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Resolution Required:

VOTES RECEIVED:

“That the Remuneration Report for the year ended 30 June 2018 be adopted” by passing a non-binding resolution as an ordinary resolution as set out in the notice of meeting.

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% of Eligible
Votes Votes Cast
Received (excluding
abstentions)
For 91,644,684 99.05%
Undirected
352,644 0.38%
(Chair)
Undirected
176,169 0.19%
(Other)
Against 347,125 0.38%
Abstain 3,450,772
The Chair of the Meeting
intends to vote all available
proxies in favour of this
resolution.
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Item 3 – Re-election of Director: Sally Pitkin

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Resolution Required:

VOTES RECEIVED:

“That Dr Sally Pitkin, who retires in rotation in accordance with the Company’s Constitution and ASX Listing Rule 14.4 and, being eligible, offers herself for election, be re-elected as a Director of the Company” by passing an ordinary resolution as set out in the notice of meeting.

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% of Eligible
Votes Votes Cast
Received (excluding
abstentions)
For 152,788,802 99.25%
Undirected
343,747 0.22%
(Chair)
Undirected
177,169 0.12%
(Other)
Against 631,835 0.41%
Abstain 1,095,813
The Chair of the Meeting
intends to vote all available
proxies in favour of this
resolution.
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Item 4 – Election of Director: Peter Everingham

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Resolution Required:

VOTES RECEIVED:

“That Mr. Peter Everingham, in accordance with 9.8 of the Company’s Constitution and, being eligible, offers himself for election, as a Director of the Company” by passing an ordinary resolution as set out in the notice of meeting.

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% of Eligible
Votes Votes Cast
Received (excluding
abstentions)
For 153,379,855 99.64%
Undirected
343,977 0.22%
(Chair)
Undirected
177,169 0.12%
(Other)
Against 40,184 0.03%
Abstain 1,096,181
The Chair of the Meeting
intends to vote all available
proxies in favour of this
resolution.
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Item 5 – Issue of Securities: Peter Birtles

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Resolution Required:

VOTES RECEIVED:

“That approval is given for the purposes of ASX Listing Rule 10.14 and for all other purposes, for the grant of 131,924 performance rights to Mr. Peter Birtles under the Performance Rights Plan, in respect of the 2019 financial year as summarised in the explanatory notes accompanying this Notice of Annual General Meeting” by passing an ordinary resolution as set out in the notice of meeting.

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% of Eligible
Votes Votes Cast
Received (excluding
abstentions)
For 151,698,295 99.46%
Undirected
348,192 0.23%
(Chair)
Undirected
175,083 0.11%
(Other)
Against 306,220 0.20%
Abstain 1,116,980
The Chair of the Meeting
intends to vote all available
proxies in favour of this
resolution.
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Item 6 – Approval of Financial Assistance

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Special Resolution Required:

VOTES RECEIVED:

“That, in accordance with sections 260A and 260B (2) of the Corporations Act, and for all other purposes, approval is given for:

a) the provision of financial assistance by Macpac Holdings Pty Ltd and / or its subsidiaries in connection with the acquisition by SRG Leisure Retail Pty Ltd of all of the issued shares in Macpac, as described in the Explanatory Notes accompanying this Notice of Meeting; and

b) the execution and performance by each Macpac Group Member of all documents required to give effect to or implement the financial assistance relating to the Macpac Acquisition, as described in the Explanatory Notes” by passing a special resolution as set out in the notice of meeting.”

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% of Eligible
Votes Votes Cast
Received (excluding
abstentions)
For 153,202,100 99.54%
Undirected
401,234 0.26%
(Chair)
Undirected
176,169 0.11%
(Other)
Against 134,746 0.09%
Abstain 1,123,117
The Chair of the Meeting
intends to vote all available
proxies in favour of this
resolution.
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POLLS

1. Please complete your voting card

2. Place it in one of the polling boxes

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THANK YOU

I extend an invitation to join the Board for light refreshments

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2018 Annual General Meeting

24th October

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