Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Connecting Global Markets CORPORATE OVERVIEW PRESENTATION Q1 2015 Prepared by DP World Corporate Communications © DP World 2015 2014 1 21 Contact Us Our Business Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Contact Us SUSTAINABLE VALUE THROUGH GLOBAL GROWTH, SERVICE AND EXCELLENCE Marine Terminals Container handling is our core business and generates more than three quarters of our revenue P&O Maritime Services DP World Cargo Services Owns and operates a fleet of specialist vessels, including tugs, ice breakers, and river barges, providing logistics solutions to public and private sector customers One of South Africa’s major stevedoring companies, offering the full range of stevedoring services Container Rail Road Services World Crane Services Provides connectivity between ports and their hinterland through a portfolio of service products including transport options by rail and a combination of road/rail Offers third party inspection services for newly built container handling equipment, as well as on site inspection services for existing equipment 2 21 Marine Terminals Overview Timeline Vision, Mission & Values Why DP World Jebel Ali DP World is a global marine terminals operator with a portfolio of more than 65 terminals across six continents(1), including new developments underway in India, Africa, Europe and the Middle East. Container handling is the company’s core business with a focus on origin and destination cargo and faster growing emerging markets. In 2014, DP World handled 60 million TEU (twenty-foot equivalent container units) and its gross capacity reached 70 million TEU. With its committed pipeline of developments and expansions, capacity is expected to rise to more than 100 million TEU by 2020, in line with market demand. DP World has a dedicated, experienced and professional team of 30,000 people serving its customers around the world. (1) As of February 2015 3 21 Sustainability Organisation Contact Us A Committed Portfolio Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Contact Us AUSTRALIA & AMERICAS MIDDLE EAST, EUROPE & AFRICA ASIA PACIFIC & INDIAN SUBCONTINENT Argentina Australia Brazil Canada Dominican Republic Peru Suriname Algeria Belgium Djibouti Egypt France Germany Mozambique Netherlands Romania Saudi Arabia Senegal Spain Turkey UAE UK China Hong Kong India Indonesia Pakistan Philippines South Korea Thailand Vietnam 4 21 Fast Facts Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Contact Us SUSTAINABLE VALUE THROUGH GLOBAL GROWTH, SERVICE AND EXCELLENCE DP World handles approx. 9% of the world’s container trade Around the world, DP World handles more than 150,000 containers a day DP World is the fourth* largest marine terminal operator in the world by throughput Put end to end, the containers we handle in a year would circle the world more than eight times *2013; based on equity TEU. Source: Drewry Maritime Research We serve around 66,000 vessels a year – or nearly 180 a day We operate more than 6,000 container handling cranes Our team of 30,000 people is truly global, made up of more than 90 nationalities 5 21 Our yard area covers 1,374 hectares, the equivalent of almost 2,000 football pitches DP World has more than 55 kilometres of quay wall globally Global Container Port Industry Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Contact Us GLOBAL CONTAINER PORT INDUSTRY Regional Split of 2013 Industry Container Volumes Unique Industry • Over 4500 container ports around the world • Serving a fleet of 5950 container vessels Far East South East Asia 4% North Europe 4% North America 4% South Europe Middle East 39% 6% Africa Central America 6% South America South Asia 8% Australasia East Europe 9% 14% All data from Drewry Maritime Research's Global Container Terminal Operators 2014 Annual Report and Alphaliner Review of industry in 2013 • 623 million TEU handled globally (39% Far East) • 931 million TEU capacity • Utilisation rate of 66% Industry Forecasts 2012-2017 • Container volumes expected annual average growth of 5.4% vs. expected capacity growth of 3.7% • Volumes expected to reach 840million TEU by 2018 • Emerging markets will outperform industry as a whole 6 21 Timeline Overview Timeline Vision, Mission & Values 1972 Port Rashid Development Why DP World 1991 Dubai Ports Authority created Jebel Ali 2000 Concessions won in Jeddah (Saudi Arabia) and Djibouti Sustainability 2003 Concession won in Constanta (Romania) Organisation Contact Us 2005 CSX World Terminals acquired DP World created 2007 Listed NASDAQ Dubai 2006 P&O Acquired 1979 Jebel Ali Port Open 1999 Dubai Ports International FZE formed 7 21 2002 Concession won in Visakhapatnam (India) 2004 Concession won in Cochin (India) 2011 Listed London Stock Exchange Recent Highlights Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Contact Us AS A PREMIER PARTNER, WE SUPPORTED DUBAI’S SUCCESSFUL BID TO HOST EXPO2020 The first ship called at DP World London Gateway, Britain’s new high-tech shipping port and Europe’s largest logistics hub DP World reports 8.9% volume growth in 2014; Handling 60m TEU across its portfolio DP World terminal in Embraport (Brazil) became operational 8 21 Jebel Ali launched its new one million TEU Terminal 2 expansion, welcoming one of the world’s largest container vessels, the MSC La Spezia The most advanced semi-automated terminal in Australia officially opened at DP World Brisbane Vision, Mission and Values Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Contact Us VISION MISSION VALUES Sustainable value through global growth, service and excellence. A global approach to a local business environment where excellence, innovation and profitability drive our core business philosophy of exceptional customer service. Commitment to our people and our customers Profitable global growth Responsible corporate and personal behaviour Excellence and innovation Our Vision looks to our future. It gives direction to where we are going and what we want our Company to become Our Mission describes our purpose. It says what we exist to do and how this takes us towards achieving our Vision. Our Values are the common principles that shape our culture. They describe “how we do things” at DP World. 9 21 Strategy Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Contact Us OUR VISION, MISSION AND VALUES ARE EMBEDDED IN OUR STRATEGY STRATEGIC PILLARS Our organisation-wide strategic pillars define objectives that apply across the regions and business units in our Group. STRATEGIC PRIORITIES Our four strategic priorities tell the story of our strategy and describe how we create value for our stakeholders by focusing on four critical business areas. 10 21 Why DP World Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Contact Us INVESTORS Significant operational leverage from price improvements, cost management and high utilisation DP World is focused on faster growing emerging markets handling price making cargo in an industry with high barriers to entry EBITDA margins will continue to improve, reaching 50% in the medium term DP World has a strong balance sheet, well positioned to finance expansion of the portfolio to approximately 100 million TEU by around 2020 11 21 DP World has invested over $6 billion since 2007 in assets that have an average life of approximately 40 years Return on capital employed has doubled since 2009 and will continue to improve as the portfolio matures Why DP World Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Contact Us CUSTOMERS GLOBAL SPREAD CUSTOMER SERVICE LONG-TERM CONCESSIONS INNOVATION PRODUCTIVITY AND EFFICIENCY STRONG BALANCE SHEET Six continents…over 30 countries…we are where our customers need us to be Always asking what we can do better for our customers leads to unparalleled levels of service With an average terminal concession length of 40 years, we’re in it for the long term Forever looking for smarter, safer and quicker ways to do things means we’re always one step ahead of the competition Minimising vessel turnaround times and helping speed goods to market is a priority Financial agility means we can take advantage of new opportunities as and when they arise 12 21 Why DP World Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Contact Us CAREERS LEARNING & DEVELOPMENT GLOBAL OPPORTUNITIES EMPLOYER OF CHOICE RESPONSIBILITY We nurture our people and help them achieve their full potential. The in-house DP World Institute offers courses for every employee at every level With a presence in over 65 countries, we offer truly international career prospects We recruit and retain the best in the business, providing our people with support and the means to excel Our people are valuable and valued members of the communities in which we operate 13 21 Jebel Ali Port Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Contact Us OUR FLAGSHIP FACILITY AND GATEWAY TO THE REGION Jebel Ali is the world’s largest man-made container port and the largest between Rotterdam and Singapore Approximately 50% of volumes are “Destination or Origin Dubai” Jebel Ali can accommodate any vessel size in existence or on order World’s 9th largest container port in 2013 15 m TEU capacity today, 19m TEU in the second half of 2015 14 21 Total quay length of over 20 kms, a footprint of 12 million sq metres, 78 giant quay cranes Jebel Ali Port Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Contact Us OUR FLAGSHIP FACILITY AND GATEWAY TO THE REGION Over the last 10 years average ship size at Jebel Ali has doubled Over 180 shipping lines with more than 90 weekly services 100 million containers passed through DP World, UAE Region terminals in ten years to Jan 2013 Ability to handle the largest container vessels afloat and on order Jebel Ali is the gateway to Middle East, Africa and Indian Subcontinent Employs more than 6,000 people in UAE Region 15 21 Jebel Ali Connectivity Overview Timeline Vision, Mission & Values Why DP World Looking forward, Etihad Rail will have a depot within the Jebel Ali facility which will be connected to the rest of the GCC via rail adding unprecedented reach for the supply chain industry. Jebel Ali Sustainability A dedicated sea – air customs bonded corridor providing the shortest transit in the world, connecting a sea – air box within 45 minutes of discharge 16 21 Organisation Contact Us Connected through the main UAE / GCC Road network to the region – 2 to 3 days road transit to anywhere in the GCC. Jebel Ali Evolution Overview Timeline Vision, Mission & Values Why DP World 17 21 Jebel Ali Sustainability Organisation Contact Us Sustainability Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Contact Us OUR OBJECTIVE IS TO INTEGRATE RESPONSIBLE BUSINESS PRACTICES INTO OUR DAILY ACTIVITIES, GROWING OUR BUSINESS IN A SUSTAINABLE MANNER Community Environment People & Safety Marketplace 18 21 Corporate Responsibility Overview Timeline Vision, Mission & Values Why DP World It’s Jebel Ali Sustainability Organisation in DNA our 19 21 Contact Us Organisation Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Contact Us SULTAN AHMED BIN SULAYEM CHAIRMAN JAMAL MAJID BIN THANIAH NON-EXECUTIVE DIRECTOR AND VICE CHAIRMAN SIR JOHN PARKER SENIOR INDEPENDENT NON-EXECUTIVE DIRECTOR AND VICE CHAIRMAN DEEPAK PAREKH INDEPENDENT NONEXECUTIVE DIRECTOR ROBERT WOODS INDEPENDENT NONEXECUTIVE DIRECTOR MARK RUSSELL INDEPENDENT NONEXECUTIVE DIRECTOR MOHAMMED SHARAF GROUP CHIEF EXECUTIVE OFFICER YUVRAJ NARAYAN CHIEF FINANCIAL OFFICER Sultan Ahmed Bin Sulayem has served as Chairman of the Board of the Company since 30 May 2007. Jamal Majid Bin Thaniah has served as a Director and Vice Chairman of the Company since 30 May 2007 and became a Non-Executive Director on 27 October 2009. Sir John Parker has served as an Independent NonExecutive Director and Vice Chairman of the Company since 30 May 2007. He also acts as the Senior Independent Director. Deepak Parekh was appointed as an Independent NonExecutive Director of the Company on 22 March 2011. Robert Woods was appointed as an Independent NonExecutive Director of the Company on January 2014. Mark Russell was appointed as an Independent NonExecutive Director of the Company on 11 August 2014. Mohammed Sharaf has served as Group Chief Executive Officer since 2005 and as a Director of the Company since 30 May 2007. Yuvraj Narayan has served as Chief Financial Officer of the Group since 2005 and as a Director of the Company since 9 August 2006. 20 21 Contact Us Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability HEAD OFFICE DP World 5th Floor, JAFZA 17 Jebel Ali Free Zone PO Box 17000 Dubai – UAE T: +971 4 881 1110 F: +971 4 881 1344 info@dpworld.com www.dpworld.com 21 21 Organisation Contact Us Overview Timeline Vision, Mission & Values Why DP World Jebel Ali Sustainability Organisation Thank You CORPORATE OVERVIEW PRESENTATION Q1 2015 Prepared by DP World Corporate Communications © DP World 2015 2014 22 21 Contact Us