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Investor Presentaiton

20 Dividend vs Free Cash Flow Dividend 19.2% CAG 83.9 64.6 55.6 49.8 981.3 32.8 865.8 25.6 24.1 25.1 614.2 378.0 404.1 51.2 241.0 278.4 2008 2009 2010 2011 2012 2013 2014 LTM Q3 2015 Dividend / 50.0 10.0 9.0 8.7 12.3 9.1 7.5 8.5 Free CF (%) April 2015 Free cash flow Dividend Consistent growth more than doubling within 5 years Company Privileged and Confidential Investors Presentation 25
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