Q3-24 ACT Investor Presentation
Optimizing Capital Allocation for Strategic Priorities
and Measurable Returns
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Aiming to reinvest 35-40%
of EBITDA¹
~31% of CapEx as a % of
EBITDA¹ for FY2023
Network Development: ~30%
Commercial Programs: ~35%
Stay in Business: ~25%
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Emerging Business and
Innovation: ~10%
Target of 15% Return
on Capital Employed
(ROCE)¹
17.5% ROCE¹ as at April 30,
2023
Financial discipline and
rigorous capital allocation
process to ensure quality
investments
Seeking a 15% ROCE¹ over
a three-year period on new
investments
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Our leverage ratio¹ comfort
Strong Free Cash Flow¹ generation of ~$2.4B in FY2023
zone is 2.25x
Leverage ratio1 of 1.50x2
as at April 30, 2023
Buyback shares until
Comfort Zone reached
Dividends increased > 10x
since 2013 (~27% CAGR)
1 Please refer to the "Non-IFRS Accounting Standards Measures" section of this presentation for additional information on performance measures not defined by IFRS Accounting Standards.
2 The information as at April 30, 2023, has been adjusted based on our final estimates of the fair value of assets acquired and liabilities assumed for the acquisition of True Blue Car Wash LLC.
Q3-24 ACT Investor Presentation
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