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$2.40 L $4.00 ■GAAP Diluted EPS $3.50 $3.00 $2.50 $2.00 $1.50 $1.00 $0.50 $- $2.53 $2.41 $2.66 $2.37 Non-GAAP "Adjusted" EPS A History of Growth Diluted Earnings Per Share $2.46 $2.50 $2.99 $2.68 $3.17 $3.15 2011 2012 2013 2014 2015 2016 2017 Dividend Per Share and Payout Ratio Annual Dividend Per Share Payout Ratio (based on GAAP EPS) $3.39 $3.30 $3.34 $3.30 $3.92 $2.20 100% $2.00 $1.80 80% 70% 60% $1.60 40% $1.40 20% $1.44 $1.48 $1.52 $1.60 $1.92 $2.00 $2.10 $2.20 $2.30 $2.40 $1.20 0% 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2011-2020 CAGR's: GAAP EPS: 2.1% See appendix for "Non-GAAP Financial Measures" - Non-GAAP EPS: 3.7% Dividend: 5.8% 2018 $3.39 $3.98 $3.42 2019 $3.06 $3.35 2020 120% 10 10

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