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Core Financial & Optional Analysis                                                                          Value Analysis & Innovation Workshop Packages




                                        CORE FINANCIAL ANALYSIS                                                                           Analysis                           Workshop                        Investigation &
                                                                                                                                                                                                          Valuation (Optional)

        •  Investor Expectations                              •  ROIC Decomposition

        •  Total Returns to Shareholders                      •  Operating Margin                                                   • Conduct Financial             • Facilitate Client                  • OPTIONAL
            Decomposition                                                                                                             Analysis                                                           • Opportunity
                                                              •  Capital Efficiency                                                                                  Workshop
        •  Analyst Sentiment & Commentary                                                                                           • Develop Insights              • Leverage internal                   investigation and high
                                                              •  Enterprise Value Analysis                                                                                                                level project scoping

        •  Sources of Value Creation                                                                                                • Develop Material               knowledge and
                                                              •  Enterprise Value & Invested Capital                                                                 expertise to identify               • High level valuation of
        •  Corporate /Group Revenue Analysis                     Analysis                                                           • Prepare Workshop               initiatives & innovation             initiatives

        •  Corporate /Group Operating Expense                 •  Enterprise Value  - Current / Future                                                                ideas                               • Facilitate follow up
            Analysis                                             Value Split                                                                                        • Create summary                      workshop
                                                                                                                                                                     material on workshop                • Develop and execute
        •  Corporate /Group EBIT Analysis                     •  Employee Profitability & Efficiency                                                                 outcomes and                         programmes of work to
                                                                 Analysis
        •  Segment Revenue & Operating                           (if required level of granular data is                                                              identified opportunities             implement identified
            Expense Analysis                                     available)                                                                                                                               initiatives
            (if required level of granular data is
            available)                                        •  Opportunity Identification (Facilitated

                                                                 in workshop)
        •  Corporate Operating Working Capital








                                             OPTIONAL ANALYSIS                                                                                                   OPTIONS FOR ALL PACKAGES














             Competitor           Innovation         Opportunity        Opportunity           Merger or                             Voice of the        Social Media        Opportunity        Opportunity            Strategic
                Analysis          Workshop           Investigation        Valuation         Synergy Value                             Customer         Monitoring &           Valuation        Investigation          Review /
                                                                                               Analysis                            (Concurrently          Analysis               (Post         & High Level           Detailed
                                                                                                                                   with analysis)  (Concurrently             Workshop)            Scoping          Investigation
                                                                                                                                                       with analysis)                               (Post            into Issues

                                                                           Assistance in developing                                                                                             Workshop)               (Post
                              Follow up                                  and executing programmes                                                                                                                    Workshop)
                             workshop(s)                                     of work to implement                                                                                 2                   4                 4-6
                                                                              identified initiatives
                                                                                                                                                                             Weeks               Weeks               Weeks
   3   4   5   6   7   8   9   10   11   12