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ASX Release 25 February 2021

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ASX Release 25 February 2021 ASX Release 25 February 2021 Market Announcements Office ASX Limited 20 Bridge Street Sydney NSW 2000 Dear Sir/Madam WPP AUNZ LIMITED - Appendix 4E and Full Year Results In accordance with ASX Listing Rule 4.3A, I attach the Appendix 4E and Full Year Results for WPP AUNZ Limited’s 2020 reporting period. Yours faithfully, Linda Gough General Counsel & Company Secretary WPP AUNZ Limited 1 Kent Street NSW 2000 +61 414 164 060 ASX APPENDIX 4E PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 WPP AUNZ LIMITED ABN 84 001 657 370 APPENDIX 4E WPP AUNZ LIMITED Name of entity WPP AUNZ Limited ABN or equivalent company Year ended (‘current period’) Year ended (‘previous period’) reference 84 001 657 370 31 December 2020 31 December 2019 Results for announcement to the market In A$’000’s (unless otherwise noted) Revenues from continuing operations down 13.20% to $726,175 Revenues from discontinued operations down 100.00% to $Nil Loss from continuing operations after tax attributable to members – Reported down 19.47% to ($152,550) Loss from discontinued operations after tax attributable to members – Reported down 100.00% to $Nil Net loss for the year attributable to members – Reported down 32.96% to ($152,550) Earnings per share – Basic – continuing operations up 19.50% to (17.9)¢ Earnings per share – Basic up 32.97% to (17.9)¢ Earnings per share – Diluted – continuing operations up 19.50% to (17.9)¢ Earnings per share – Diluted up 32.97% to (17.9)¢ Headline results – continuing operations Net profit for the year attributable to members - Headline down 31.89% to $34,863 Earnings per share – Headline profit down 31.89% to 4.1¢ Amount per Franked amount Dividends security per security at 30% Current Year: Final dividend declared subsequent to 31 December 2020 2.9¢ 2.9¢ Special dividend declared subsequent to 31 December 2020 1.5¢ 1.5¢ Interim dividend declared - - Previous Year: Final dividend determined subsequent to 31 December 2019 2.9¢ 2.9¢ Special dividend determined subsequent to 31 December 2019 1.5¢ 1.5¢ (These dividends were subsequently not paid as a result of cash preservation measures due to COVID-19) Interim dividend declared (paid 3 October 2019) 2.3¢ 2.3¢ Record date for determining entitlements to the dividend 31 March 2021 Date dividend is payable if declared 7 April 2021 A dividend reinvestment plan (“DRP”) will not apply to the final dividend. Consolidated Entity 2020* 2019* Net tangible asset backing per ordinary share (21.4)¢ (25.0)¢ *Excludes the impact of “AASB 16 Leases”. Brief explanation of any of the figures reported above or other items of importance not previously released to the market: Refer to the 2020 Annual Report lodged with this document. Further analysis provided in the Management Presentation and Media Release lodged with the ASX. Discussion and Analysis of the results for the year ended 31 December 2020: Refer to the 2020 Annual Report lodged with this document. Further analysis provided in the Management Presentation and Media Release lodged with the ASX. 2 ANNUAL REPORT 2020 CONTENTS 4 THE BOARD OF DIRECTORS 7 DIRECTORS’ REPORT 10 OPERATING AND FINANCIAL REVIEW 17 AUDITOR’S INDEPENDENCE DECLARATION 19 OUR REMUNERATION CHAIR’S LETTER 40 FINANCIAL STATEMENTS 104 DIRECTORS’ DECLARATION 105 INDEPENDENT AUDITOR’S REPORT 111 CORPORATE DIRECTORY WPP AUNZ THE BOARD OF DIRECTORS ROBERT MACTIER JENS MONSEES KIM ANDERSON GRAHAM CUBBIN B. Ec. MBA Bus Admin BA, GRAD DIP INF SC BECON (HONS) Independent Non-Executive Chief Executive Officer and Independent Non-Executive Independent Non-Executive Chairman Managing Director of WPP AUNZ Director Director Robert was appointed as a Jens is an experienced digital Kim was appointed as a Director Graham was appointed as a Director of WPP AUNZ in leader and entrepreneur with a of WPP AUNZ in November 2010. Director of WPP AUNZ in May December 2006 and Chairman global track record for growth by 2008. He was a Senior Executive Kim is a Non-Executive Director of with effect from 1 July 2008. driving digital transformation, with Consolidated Press Holdings carsales.com Limited (from 2010), platform economy and strategy ("CPH") from 1990 until Robert is a consultant to the Marley Spoon (from 2018) and across a range of businesses and September 2005, including investment banking division of Infomedia Limited (from 2020) industries. Prior to being holding the position of Chief UBS AG in Australia, a role he has and The Sax Institute (from 2017). appointed Chief Executive Officer Financial Officer for 13 years. held since June 2007. He has A former Fellow of the University and Managing Director of WPP extensive investment banking of Sydney Senate, Kim has more Prior to joining CPH, Graham held AUNZ in October 2019, Jens was experience in Australia, having than 25 years’ experience in senior finance positions with a Chief Digital Officer and Senior previously worked for Citigroup, various media executive and Chief number of major financial Vice President Digital Strategy at E.L. & C. Baillieu and Ord Minnett Executive Officer positions in both companies including Capita BMW Group, headquartered in Securities (now JP Morgan) Australia and the US, including Finance Group and Ford Motor Munich, where he defined and between 1990 and 2006. During Southern Star Entertainment Pty Company. He has over 20 years’ implemented a digital this time he was primarily focused Ltd, Publishing and Broadcasting experience as a director and audit transformation program that on the media, technology and Limited, ninemsn, Harper Collins, committee member of public reshaped the BMW Group from an entertainment and private equity and Reading Room Inc. companies in Australia and the auto manufacturer into a data- sectors and initial public offerings US. Graham is a Director of Bell driven, mobility tech company. Kim is Chair of the WPP AUNZ generally. Prior to these roles, he Financial Group Limited (from People and Culture Committee. worked with KPMG from 1986 to Jens has held a range of senior 2007), White Energy Company 1990 during which time he executive positions with global Limited (from 2010) and qualified as a Chartered companies, including Global Chief McPherson’s Limited (from 2010). Accountant. Executive Officer, Digital He was appointed Chairman of Marketing at Arvato AG (part of McPherson’s Limited in July 2015. Robert is also currently the Non- the Bertelsmann Group), Global executive Chairman of ASX listed Graham is Chairman of the WPP Innovation Manager for the BMW ALE Property Group (from AUNZ Audit and Risk Committee Group and Global Brand Manager November 2016) and was a Non- and a member of the People and for MINI and several roles with executive Director of NASDAQ Culture Committee. Google where he was Director of listed Melco Resorts and Branding for Automotive, Retail, Entertainment from December FMCG and Health Care as well as 2006 to January 2017. Industry Leader Automotive. His Robert is a member of the WPP start-up experience, as well as his AUNZ Audit and Risk Committee. brand, product and marketing knowhow, includes roles at Mondelēz, Colgate-Palmolive and Schwarzkopf & Henkel. Jens holds advisory and board seats with the international digital and ecommerce start-up Azoya, Nunatek Transformation Strategy Consulting, Advertising Council Australia and Design AI. 4 ANNUAL REPORT 2020 RANJANA SINGH GEOFF WILD AM DIANE HOLLAND Honours (Botany), FAICD, FAI (DIP), FRSA BA Urban Studies & Planning POST GRAD DIP (ADV & PR) Non-Executive Director Non-Executive Director Non-Executive Director Ranjana was appointed as a Geoff was appointed as a Director Diane was appointed as a Director Director of WPP AUNZ in April 2016. of WPP AUNZ in April 2016. of WPP AUNZ in early March 2020. Ranjana is a Botany Honours Geoff was the Chairman and Diane is the Global Chief Financial graduate from Delhi University, Country Manager of WPP plc in Officer of Wunderman Thompson a with a postgraduate diploma in Australia and New Zealand from global creative, consulting and Advertising and PR from the 1998 until the merger of STW Group technology network and one of Indian Institute of Mass and WPP in 2016. He was with WPP's largest agencies, home to Communications, Delhi. Clemenger BBDO until 1990 as more than 20,000 employees Deputy Chairman, a member of the across 95 countries. With a 20+ She started her career in media at BBDO Worldwide Board and year career spanning roles in Los JWT India (Hindustan Thompson Chairman of BBDO Asia Pacific, Angeles, New York and London, Associates). In March 1993, she when he retired from the Diane currently leads Wunderman moved to JWT Indonesia to advertising industry for a period, Thompson's financial and stabilise and grow its media following which he was appointed operational management. function. Subsequently, she moved as Chairman of the New South to client servicing and became the Previous roles honed her skillset Wales Tourism Commission and a General Manager in 1998. across all facets of financial Vice-President of the Sydney 2000 planning, M&A, joint ventures and Ranjana joined the newly launched Olympics Bid Company. Geoff has strategic partnerships. Diane has Mindshare in 2000. As Managing been Chairman of the Advertising built her career by passionately Director and then Chief Executive Federation of Australia and supporting talent and creativity Officer, she built GroupM to be the Chairman of the Australian while also delivering strong leading media agency. Ranjana Advertising Industry Council. He strategic leadership for clients and currently serves as the WPP plc was a Director of oOh!media colleagues. She excels in tackling Chairperson for Indonesia and Limited from 2007 until May 2019 business disruption to drive Vietnam. She sits on the advisory and is a Fellow of the Australian optimal performance.
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