SHAW-201504-Overview_of_Shaw_Investor_Update.pdf

1、Investor Update April 21,2015 2 Forward Looking Information Disclaimer Statements included in this presentation that are not historic(including those showing“2015 Free Cash Flow Guidance)constitute forward-looking statements.Forward-looking statements are based on assumptions and involve risks and o

2、ther factors which may cause actual results to be materially different from views expressed or implied by such statements.Accordingly,forward-looking statements are not guaranteed and undue reliance should not be placed on them.Material risks and other factors that could cause actual results to diff

3、er materially from the views expressed in forward-looking statements and material assumptions underlying forward-looking statements are identified in the Companys Managements Discussion and Analysis(“MD&A”)for fiscal 2014 and for Q2 2015 which have been filed with the Canadian securities regulatory

4、authorities and the U.S.Securities and Exchange Commission.Shaw Communications Inc.is a diversified communications and media company,serving 3.2 million customers through a reliable and extensive fibre network.Shaw serves consumers with broadband Internet,WiFi,Digital Phone and Video products and se

5、rvices.Shaw Business Network Services provides business customers Internet,data,WiFi,telephony,Video and fleet tracking services.Shaw Business Infrastructure Services offers North American enterprises colocation,cloud and managed services through ViaWest.Shaw Media provides Canadians with engaging p

6、rogramming content through one of Canadas largest conventional television networks,Global Television,and 19 specialty networks including HGTV Canada,Food Network Canada,HISTORY and Showcase.3 4 TSX SJR/B NYSE-SJR TSX-V SJR/A Capitalization Market Cap1-$12.8B Net Debt 2$5.8B Enterprise Value(debt+equ

7、ity)-$18.6B Dividend Annualized Quarterly Dividend 3$1.185 Current Dividend Yield 1,4 4.3%Note:All figures in Canadian dollar basis.1 Based on closing price of$27.39(April 17,2015)and approximately 469M Class A and Class B shares outstanding as at February 28,2015.2 Including ViaWest acquisition fin

8、ancing and as at February 28,2015.3 Approved quarterly dividend of$0.29625/share effective March 31,2015 results in an annualized quarterly dividend rate of$1.185/share and total F15 annual dividend declaration of$1.14250/share.4 Based on annualized quarterly dividend rate of$1.185/share.Publicly Tr

9、aded 5 Note:1 Includes capital appreciation and dividends received over the holding period.Assumes dividends are reinvested into Shaw Class B shares.-TV-Direct-to-Home-Network TV-Colocation-Internet-Hospitality-Specialty-Managed (business Channels services/-Phone satellite TV)cloud-Shaw Business-Tra

10、cking (connectivity)-Broadcast-Residential Cable-Business Cable-Network TV-ViaWest (TV,Internet and (TV,Internet and (colocation,managed Phone)Phone)-Specialty services,cloud)Channels-Direct-to-Home-Hospitality-Canadian data (business centre initiatives satellite TV)(Calgary data centre Fall 2015)-T

11、racking-Broadcast-Shaw Business (connectivity)6 7 Note:all subscriber metrics as at February 28,2015.Employer Top 10 Financial Post Growth and Cost Efficiencies Fibre Network 850,000+km 8 8 100%Globals reach of English-speaking Canadians 19 specialty channels+$5.2B revenue$2.3B ebitda Note:all figur

12、es in$CAD.Figures above reflect Fiscal 2014 actual results.The ViaWest transaction closed in Q1/F15 thus its financial results are excluded.Cable 63%Satellite 16%Media 21%Cable 72%Satellite 12%Media 16%contribution by segment%contribution by segment 9$700M free cash flow supports dividends return of

13、 capital$482M 2012$604M 2013$698M 2014 Note:all figures in$CAD.Figures above reflect actual results.FCF represents the amount of cash flow remaining for dividends,share buybacks and debt reduction after taking into account all of our operating and capital expenditures,cash taxes and interest payment

14、s.10 Note:all figures in Canadian dollar basis.*Approved quarterly dividend of$0.29625/share effective March 31,2015 results in an annualized quarterly dividend rate of$1.185/share and total F15 annual dividend declaration of$1.14250/share.11 Dividend Per ShareAnnual Dividend Obligation($M)*Approved

15、 quarterly dividend of$0.29625/share effective March 31,2015 results in an annualized quarterly dividend rate of$1.185/share and total F15 annual dividend declaration of$1.14250/share.Note:all figures in$CAD.1 Refers to dividends payable less cash savings from Dividend Reinvestment Plan(“DRIP”).2 Sh

16、aws DRIP allows holders of Class B Shares and Class A Shares who are residents of Canada to acquire Class B shares through automatic reinvestment of cash dividends paid on their respective holdings.Shaw pays dividends on a monthly basis.The DRIP offers a convenient alternative to receiving a dividend payment and an opportunity to increase their investment in a cost efficient manner.12$2B$700M$225M 2010 2013 2013 Acquisition Asset Swap1 Acquisition net proceeds were strategic transactions focused