20 15 ARISTOCRAT LEISURE

BUSINESS REVIEW 02 2015 ARISTOCRAT BUSINESS REVIEW

Message from the Core Values & Winning Ways Chairman and CEO

2015 Highlights People & Culture

Financial Performance Corporate Governance and Summary Workplace, Health & Safety

09 Global Class III Overview 10 Class II (VGT) Overview Leadership Team 12 Digital Overview 04

2015 Aristocrat enjoyed sustained momentum in the 2015 fiscal year, with group revenue Message from the Chairman and CEO

growth of almost 65% The last 12 months have been • Product Madness named 2015’s “Social Operator transformative for Aristocrat. of the Year” by eGaming Review North America, in recognition of its impressive growth and and an increase in Financial results to 30 September performance, and 2015 confirm the soundness of the normalised NPATA Group’s strategy and underline the • the successful worldwide launch of the Heart of Vegas™ app on both Android and iPhone. Daily of over 47% in constant high quality execution Aristocrat Active Users grew strongly from around 670,000 brought to bear across key markets to a fresh record of over 1 million at year end. and segments. currency, compared to Aristocrat also made significant progress in reduced its reliance on one-off sales and driving the previous year. Aristocrat delivered strong performance in growth in recurring revenues. The percentage the 2015 fiscal year, with group revenue growth of revenue Aristocrat derived from recurring ARISTOCRAT BUSINESS REVIEW of almost 65% and an increase in normalised sources grew from less than 24% at 30 September net profit after tax and before amortisation of 2014 to over 45% by the end of the 2015 fiscal year. acquired intangibles (NPATA) of over 47% in An increase in total shareholder returns constant currency, compared to the previous year. compared to the 2014 full year rewarded Aristocrat Sustained operational performance across shareholders for their support. At the same time, Aristocrat’s priority markets in Class III and Class the company continued to promote shareholders’ II gaming operations, Class III outright sales longer-term interests by investing for growth, and digital, delivered growth in both share and guided by our rigorous criteria. segment profit. This progress was in turn driven Aristocrat also maintained its investment in by competitive game and technology portfolios, people and culture throughout the 2015 fiscal together with stronger in-market execution. year, with a further lift in global staff engagement Also evident was the positive contribution of one important and tangible outcome of this. major strategic investments, particularly the In addition, the integration of VGT into the acquisition of the Video Gaming Technologies Aristocrat family accelerated, with the rollout (VGT) Class II gaming operations business, of best-practice leadership development modules Aristocrat’s growing digital operation and across VGT and the incorporation of Aristocrat ongoing investments to deliver the world’s values and high performance behaviours into best game content and technology. core VGT people processes.

Many important milestones were celebrated Thank you for your support over the 2015 fiscal during the 2015 fiscal year, including: year. You can be confident that everyone at Aristocrat will strive hard to deliver ‘the world’s • the successful integration of VGT into the greatest gaming experience, every day’ in the Aristocrat family and the growth of its installed year ahead. base and average fee per day;

• the achievement of a new record Class III gaming operations installed base in North America;

• share growth and a lift in average selling price in the North American Class III outright sale Ian Blackburne, Chairman segment, despite lower overall market demand; Jamie Odell, Chief Executive Officer • outstanding momentum in the Australian outright sales market, with Aristocrat’s share growing at well over three times the rate of market growth; ARISTOCRAT BUSINESS REVIEW 2015 06 2015 Highlights assessment. Great Place To Work awarded inthe2015 Aristocrat India Slots™ application—FA FA FA unveiled mobile slots Aristocrat andIGS Aristocrat technology. product, leveraging Wide Area Progressive Launch ofVGT’s first ®

its debut. game family made The LightningLink™ America. of 2015inNorth Anticipated Games of theTop 10Most Eilers-Fantini’s list games featured in Four Aristocrat in NorthAmerica. most anticipated game Anarchy™ theyear’s Survey namedSonsof 2015 Slot Manager Goldman Sachs’ North America awards. the eGamingReview Operator oftheYear in named 2015Social Product Madness launched inmarket. Behemoth™ cabinets The Arc™ Double and Goldman Sachs’ 2015 North America’s top Slot ManagerSurvey named Buffalo™ performing game for the fourth year in arow. 08 Financial Performance Global Class III 2015 Summary Overview

The Review of Operations contained in the 2015 Annual Report Growth in Aristocrat’s Global Class III business Class III Highlights provides a detailed overview of Aristocrat’s performance for the in 2015 was achieved by deepening customer year ending 30 September 2015. It is available to download at relationships and continuing to expand and fully • Four Aristocrat games featured in Eilers- www.aristocratgaming.com. leverage our exciting game and product portfolio. Fantini’s list of the Top 10 Most Anticipated Aristocrat’s targeted investments in creative Games of 2015 in North America – more than Aristocrat delivered outstanding profit growth and and technical talent delivered clear returns any other manufacturer and Aristocrat’s best ever performance in the Survey. operational performance in the 2015 fiscal year. across the Class III business. Product quality and performance again improved, supporting • Launch of the Arc™ Double cabinet (featuring our customers’ growth and contributing to two 42-inch curved LCD screens) and the strong share performance across key markets. A$ million FY2015 FY2014 Change % Behemoth™ (a massive 10-foot cabinet housing

ARISTOCRAT BUSINESS REVIEW In 2015, Aristocrat launched its best ever range an 84-inch LCD screen) to rave reviews. NORMALISED RESULTS1 of new Class III games, cabinets and systems • Popular games such as the Britney Spears™ products. The breadth of product categories and Slot Game featured on the Arc™ Double and Revenue 1,582.4 839.0 88.6 depth of games in our portfolio drove significant a super-sized version of Buffalo Stampede™ share growth in the Americas, Australia and Asia on Behemoth™ have earned high praise EBITDA 523.1 219.3 138.5 Pacific markets. Consistent with our strategy, among players. the Class III business built significant momentum EBITA 431.0 178.3 141.7 in its recurring revenue footprint and is well • Increased share growth across all markets in NPATA 236.1 132.0 78.9 positioned for the future. Australia was achieved with a portfolio of high- performing games, including the Lightning EPSA (fully diluted) 37.1c 23.1c 60.6 Link™ and Cash Link families. Lightning Link™ will ship 6,500 games inclusive of conversions Operating cash flow 437.6 158.8 175.6 in 2016. Normalised operating cash flow 449.3 164.4 173.3 • Aristocrat maintained market leadership in Macau, securing the majority floor share at OTHER ITEMS new property openings including Studio City Final dividend per share 9.0c 8.0c 12.5 and Galaxy Phase II. • Delivery of the Batman™ game on the Net debt / (cash) 1,450.6 (171.3) n/a Wonder Wheels platform was well received Net debt / EBITDA2 2.6x (0.8)x n/a by Aristocrat’s European customers. As an innovation powerhouse, Aristocrat is Normalised operating cash flow % EBITDA 85.9% 75.0% 14.5 leveraging the breadth and depth of its global Revenue from recurring sources3 45.7% 23.9% 91.2 teams to deliver new and exciting content to players and customers around the world. STATUTORY RESULTS • Continued growth in Latin America through the penetration of E* Series and J* Series games. NPAT 186.4 (16.4) n/a

Notes: 1. Refer to Review of Operations for definitions of normalised and other line items 2. Calculation based on net debt and EBITDA as defined in Aristocrat’s Syndicated Facility agreement and other credit agreements 3. Calculation based on revenue from gaming operations and digital sources. 10 Class II (VGT) 2015 Overview

On 20 October 2014, VGT formally joined the Aristocrat family. Our first year as part of Aristocrat has been a time of great collaboration and ARISTOCRAT BUSINESS REVIEW success.

With record performance, significant market Since the acquisition closed, we have worked expansion and a growth strategy that was collaboratively toward building a common strengthened by Aristocrat’s leadership, 2015 culture. Aristocrat values of courage, passion, was an outstanding year for VGT. Our efforts integrity and respect were well matched to VGT since the acquisition have revolved around values, facilitating a smooth transition and a collaboration, delivering great content and positive integration process. aligning with Aristocrat’s culture and values. As we look ahead, VGT will adopt the Winning Access to Aristocrat’s global product and Ways recognition program to align our high- technology team has already offered VGT a performance processes with the broader number of new and rich capabilities. An early Aristocrat team. example was the development and launch of VGT’s first Wide Area Progressive (WAP) product in 2015, which as very well received by the Class II market. VGT also launched its new oversized XL cabinet during the year, showcasing our outstanding proprietary games. Both the WAP and XL cabinets were highly anticipated and significantly extend our product offering.

During the 2015 year, we also focused on our promise to deliver superior customer experience. By year end, customer satisfaction and game uptime were tracking at more than 99% – the best performance among Class II competitors. 12 Digital Overview 2015

Our digital business (Product Madness) continued to perform in 2015, with the benefit of an impressive platform and strong content. Over the course of the year, the flagship Heart of VegasTM app continued to experience rapid growth in mobile. Its successful launch on AndroidTM built on its earlier launch on both iPadTM and iPhoneTM and helped propel growth in daily active user numbers to over 1 million ARISTOCRAT BUSINESS REVIEW by the close of 2015.

The Heart of VegasTM app ranked in the top 15 overall grossing apps in the United States. It was also among the top five highest-grossing social casino Our Product Operational Excellence apps in the United States and the number one social With over five million downloads worldwide, Both our product and our team continuously casino app in Australia in 2015. the Heart of VegasTM app currently features 49 receive rave reviews from fans and have a With over five million downloads worldwide, the unique world class games. Our brilliant content combined 1.7 million likes on Facebook. Heart of VegasTM app currently features 49 unique and player experiences are continuously evolving. It’s clear that this feedback is a result of world class games. Since 2014, Since the 2014 launch of iPadTM, an impressive Aristocrat’s innovation and focus on customer 29 new releases have been introduced, including 29 new releases have been introduced, including service excellence with 24/7 support. successful titles from Aristocrat’s impressive back successful titles from Aristocrat’s impressive catalogue such as 5 FrogsTM, 50 LionsTM, Wonder back catalogue: 5 Frogs, 50 Lions, Wonder 4 StarsTM and 4 Stars and Buffalo, with Buffalo and Wonder Team Focus the ever-popular BuffaloTM. 4 Stars reaching over 20,000 daily active users within just five days of launching. Product Madness has key teams across San Product Madness was named “Social Slots Operator Francisco, Las Vegas, Austin, London, Minsk of the Year” for 2015 in the eGaming Review North Aristocrat released the iconic slot machine and India. Its development, quality assurance America Awards, in recognition Buffalo™ in 2008 and it was number one in the and product teams collaborate seamlessly to of its impressive performance trajectory. Goldman Sachs Slot Manager Survey for an drive innovation and provide a world-class unprecedented three years running. Buffalo™ player experience. Built on multi-platform outperforms the average slot game by 1.4, with architecture, Heart of VegasTM allows players several casino floors housing over 50 Buffalo™ to use a single account across all platforms, slot machines. This success extends to Heart of including FacebookTM, iOSTM and AndroidTM. Vegas™, where Buffalo™ reached 424,000 daily The Product Madness team replicates the same active users following its launch in the app store. code base and player experience across all The July 2015 launch of Heart of VegasTM on platforms and devices. This experience is based AndroidTM has recorded our most impressive on a clever product portfolio process, which figures to date, reaching 312,000 daily active leverages like-for-like game content designed users in just 22 days following launch and by Aristocrat and created by the best games exceeding current iOSTM daily active users. designers in the world. This success continued with our release on AmazonTM in August 2015, which was developed in a matter of weeks and reached 17,000 daily active users in just 22 days. 14 Core Values 2015 Aristocrat’s purpose is to create the & Winning Ways world’s greatest gaming experience, every day. Our strategic pillars, core values and winning ways guide our actions and behaviour everyday, to help us deliver on this vision.

Our Purpose

To create the world’s greatest gaming experience, every day.

ARISTOCRAT BUSINESS REVIEW Our core values: Our Winning Ways behaviours:

Our Strategic Pillars

People Core Industry and Culture Momentum and Business

Build a high-performance Drive a more Transformation organisation with competitive core Leverage our technology outstanding skills and business and deliver and content in high-growth positive culture across sustainable success – and emerging distribution our global business. now and in the future. channels, while continuously improving our system and processes. 16 People & Culture 2015

Over the course of 2015, Aristocrat Reward and Recognition Employees are at the centre of continued to invest in key People Throughout the 2015 fiscal year, employees were & Culture initiatives and made encouraged to recognise outstanding behaviours everything we do, because our progress in our effort to build a by nominating colleagues for a Winning Ways high performance workplace. award. Outstanding participation was achieved, success depends upon it. Building with over 4,000 nominations submitted by employees across the globe. Around half of a high-performance workforce Learn X Awards all nominations cited examples of the ‘Deliver’ Aristocrat received a second consecutive behaviour, while examples of ‘Unite’ made up Learn X Award for quality e-learning in 2015, around a third of nominations. Other nominations is our first priority. cited inspiring examples of our ‘Develop’ and ARISTOCRAT BUSINESS REVIEW specifically our innovative interactive leadership development modules. ‘Play’ values. The Winning Ways award program helped reinforce Aristocrat’s high-performance Graduate Program culture over the course of 2015.

Aristocrat’s values of integrity, respect, passion Aristocrat continued its commitment to attracting and courage underpin our high-performance high quality graduates and building the future culture and are supported by our Winning Ways leaders of tomorrow through a comprehensive behaviours of Unite, Develop, Deliver and Play. graduate intake in Australia and the United States. Our employees have the tools and resources The annual intake sees graduates complete a VGT Joins the Aristocrat Team available to help them be successful and they two-year development program aimed at building know what is expected of them to contribute personal effectiveness and organisational skills VGT believes in empowering employees and giving to the company’s performance. early in their career. them the tools they need to succeed. To reinforce this philosophy, in 2015 VGT rolled out a range of Leadership Development important People & Culture initiatives including: In 2015, all leaders participated in our • High Performance Leadership (HPLT) training Leadership in Action training program, with • Leadership training senior management completing the benchmark Lead to Win program. These programs leverage • Cross training, job shadowing and career best practice approaches to help our leaders development programs improve core skills including providing feedback • Recognition and award programs and coaching, managing priorities and improving on-the-job application and personal impact. • Employee social events • Company-sponsored meals Industry Induction Program and healthy vending options

Many new employees come to Aristocrat • Exercise facilities from outside the gaming industry. Our Industry Induction program is an interactive and customised course currently offered across the United States and Australia that aims to give new employees a good understanding of our industry, including products, customers and competitors. In 2015, over 60 employees completed this popular course. 18 Corporate Workplace, 2015 Governance Health & Safety

Aristocrat is committed to Ensuring safety within our workplaces maintaining high standards of is our most fundamental obligation to corporate governance, in line with employees and other workers, and one the Corporate Governance Principles we take very seriously at Aristocrat. and Recommendations published by the Australian Securities Exchange. In 2015, our Workplace, Health & Safety (WHS) team concentrated on ensuring all hazards and near misses were reported, with a 215% increase Among these principles is the need to lay solid achieved compared to the previous year. This has foundations for management and oversight, resulted in a significant reduction of risk across promote ethical and responsible decision making ARISTOCRAT BUSINESS REVIEW the business and has driven the introduction and recognise and manage risk. As part of its of new programs to improve safety, including corporate governance strategy, Aristocrat actively the implementation of the following: seeks to uphold objectives of integrity and fairness through its robust compliance strategy. • GEMBA walks

VGT also has extensive measures in place to • Internal auditing ensure appropriate industry standards are met. • Structured toolbox talks It is committed to exceeding customer expectations and working to improve processes • Regular face-to-face training and capabilities. Initiatives include: • Office and factory ergonomic training • Continuous improvement programs and assessment

• ISO 9001-2008 Certification • Health programs including flu shots, personal health assessments and yoga classes. • Compliance Incident Preventive Action (CIPA)

• Baldridge Performance Excellence Program

• One thing Better Continuous Improvement Program

• The creation of a quality taskforce to proactively drive improvement. 20 Leadership Team 2015 2015

Board of Directors

Ian D. Blackburne David C. P. Banks Chairman Non-Executive Director Dr Ian Blackburne is a former David Banks has more than 25 years’ research scientist who spent 25 years experience in the entertainment in the petroleum industry, serving as and gaming industries, with senior Managing Director of Caltex Australia executive roles in finance, operations Limited following a number of technical, and strategic planning. He was manufacturing, marketing and previously the Chief Executive Officer strategic planning roles. He is currently (Casinos Division) of Chairman of Recall Holdings Limited. Limited, Chief Executive Officer ARISTOCRAT BUSINESS REVIEW BUSINESS ARISTOCRAT

ARISTOCRAT BUSINESS REVIEW He has spent 15 years as a Director of Star City Holdings Limited and of various companies, including CSR Chief Operating Officer of Galaxy Limited, Suncorp-Metway Limited and Entertainment Group, based in Macau. Symbion Health Limited. Ian has also David is a former President of the previously held Chairman positions at Australasian Casinos Association and CSR Limited, the Australian Nuclear a former Director of the Australian Science and Technology Organisation Gaming Council. (ANSTO) and the Royal Botanic Gardens.

Jamie Odell Kathleen Conlon Chief Executive Officer Non-Executive Director & Managing Director Kathleen Conlon has held the position Jamie Odell has led Aristocrat as of Non-Executive Director since 2014 Chief Executive Officer and Managing and is currently a Director of CSR Director since 2009. Prior to joining Limited, REA Group Limited and The Aristocrat, Jamie was Managing Benevolent Society. She is President Director of Foster’s Group Asia Pacific, of the NSW Council, Board Member where he served as a Board Member of of the Australian Institute of Company the Winemakers Federation of Australia Directors and a Member of Chief and Chairman of the Australian Executive Women. Kathleen has over Brewers Association. Previous senior 20 years’ experience in management executive roles include Regional Vice consulting and is a recognised thought President of Allied Domecq Duty Free leader in the areas of business strategy, Asia Pacific, Managing Director of URM operations and change management. Brands in the United Kingdom and She was formerly a Director and Managing Director of Tetley Australia. Partner of the Boston Consulting Group and was awarded a Commonwealth Centenary Medal for Services to Business Leadership in 2003.

20 22 Leadership Team 2015

Board of Directors Executive Leadership Team

Roger A. Davis Rosalind Dubs Toni Korsanos Rich Schneider Non-Executive Director Non-Executive Director Chief Financial Officer Chief Product Officer & Company Secretary Roger Davis has held the role of Dr Rosalind Dubs was appointed a Rich Schneider joined Aristocrat as Non-Executive Director since 2005. Non-Executive Director at Toni Korsanos joined Aristocrat in Chief Product Officer in 2011, bringing He is currently Chairman of the Aristocrat in 2009 and is currently 2007 as General Manager of Group more than 20 years’ experience in creating and delivering gaming and a Consultant a Director of ASC Pty Ltd. She Finance, before her appointment to products to casinos in the United Director (Investment Banking) of has held senior executive roles at Chief Financial Officer in 2009. She has Rothschild Australia Limited. Roger 20 years’ experience in financial and States. Former roles include Chief Airservices Australia, the Australian is also a Director of Trust Company general management at companies Executive Officer of Walker Digital National University, University Limited, Argo Investments Limited including Kellogg’s Australia and New Table Systems, Chief Operating Officer

ARISTOCRAT BUSINESS REVIEW of Technology, Commonwealth and Limited. Former Zealand, Goodman Fielder Limited and of Acres Gaming, Vice President of roles include Group Managing Director Scientific and Industrial Research Coopers & Lybrand in Sydney. She is Game Engineering at Casino Data Organisation (CSIRO) and Thales Systems and a number of leadership of ANZ Banking Group Limited, Senior a Member of the Institute of Chartered Executive of Citicorp Inc. in the United Air Traffic Management (ATM) in Accountants. roles in system development, game

States and Japan, Director of Territory the United States, Germany, France development and product management at International Gaming Technology Insurance Office, and Chairman of and Australia. Rosalind is the (IGT). Rich was a founding Member Centric Wealth Advisers Limited former Chair of the Space Industry of the Gaming Standards Association and Charter Hall Office REIT. Innovation Council. and held the role of Chairman for

three years.

Stephen W. Morro Maureen Sweeny Christie Austin Non-Executive Director Chief Commercial Officer Chief Human Resources Officer Stephen Morro has over 25 years’ Maureen Sweeny joined Aristocrat experience in the gaming industry, as Chief Commercial Officer in 2014, Christie Austin leads the global Human with former roles as Chief Operating following a distinguished 30 year Resources (HR) team and supports key Officer of International Gaming career with IBM Corporation, where cultural, engagement and leadership Technology (IGT) and President of she held a range of global and regional initiatives across Aristocrat. Christie is IGT’s Gaming Division. In these roles, leadership roles in sales, marketing, a highly experienced HR professional, he was responsible for IGT’s global strategic client management and having led HR teams across a range casino operations, including the business transformation. Based in of industries including publishing, development and execution of product, Aristocrat’s Las Vegas office, Maureen transport and logistics. Christie joined technology, marketing, manufacturing is accountable for the global Class III Aristocrat as HR Manager for the and distribution. Stephen held various business, with a focus on delivering Australian Studios in 2011, before being management positions at IGT and has a premium service for the company’s promoted to a HR General Manager a strong background in mergers and front-end capabilities. role and most recently serving as acquisitions, as well as regulatory, General Manager of the CEO Office. legislative and legal strategies. He is one of the very few people in the gaming industry with experience as a supplier, operator and regulator. 24 Leadership Team 2015

Executive Leadership Team

Pat Ramsey Jay Sevigny Vincent Kelly Trevor Croker Chief Digital Officer President, Video Gaming Managing Director, Executive VP of Global Pat Ramsey joined Aristocrat in 2016 Technologies Asia Pacific Products and Insights as the Chief Digital Officer, overseeing Jay Sevigny is President of Video Vincent Kelly was appointed Managing Trevor Croker has significant all aspects of our online business. Gaming Technologies (VGT) and based Director of Aristocrat’s Asia Pacific experience in building high- Pat has spent over 14 years in the at VGT’s headquarters in Franklin, business in 2014. Vincent was performance sales organisations, gaming industry, having worked in Tennessee. Prior to his appointment in previously Aristocrat’s Director of joining Aristocrat as Managing Director both land-based casino operations 2015, Jay held the role of Chief Business Excellence, responsible of Australia and New Zealand in 2009. and in casino gaming technology. Operating Officer from 2006 to 2011. Jay for driving sales capability across He was previously Sales Director of He was most recently the CEO of has more than 30 years’ experience in the global business. Vincent has held Carlton & United Breweries and held a ARISTOCRAT BUSINESS REVIEW Multimedia Games, and prior to joining the gaming industry, starting his several senior management roles in number of senior sales management, Multimedia, served in a variety of career in casino operations for Boyd global organisations including Lion business transformation and leadership roles for Caesars Entertainment in Gaming Corporation in 1980 before Nathan, Carlsberg Brewery and roles within Foster’s Australia and various jurisdictions around the United moving through a range of senior Allied Domecq Spirits & Wine in the Beringer Blass Wine Estates. States. Pat graduated cum laude from leadership roles in finance, marketing United Kingdom, Hong Kong, Macau, Harvard with a Bachelor’s Degree in and general management for Australia and New Zealand. Economics and has an MBA from the companies including Harrah’s Kellogg School of Management Entertainment and Gaylord at Northwestern University. Entertainment Company.

Mark Dunn Brooks Pierce James Boje Manjit Gombra Singh Executive Vice President Managing Director, Americas Managing Director, Europe, Chief Technology Officer & General Counsel Brooks Pierce is based in Las Vegas Middle East & Africa Manjit Gombra Singh is the Chief Mark Dunn was appointed to the role of and brings more than 20 years of James Boje has more than 25 years’ Technology Officer of Aristocrat, Executive Vice President and General executive leadership in the gaming experience across nearly all aspects responsible for the design and Counsel in 2011. Prior to joining industry. He is responsible for the of the gaming industry, from supply development of gaming technologies Aristocrat, Mark spent more than end-to-end delivery of the company’s through to operations. Starting his for global markets. Prior to his nine years at Caesars Entertainment Americas Class III business. career as a slot technician at Sun appointment in 2012, Manjit was Corporation and its predecessor, Brooks most recently held the International in South Africa, James Aristocrat’s Senior Vice President Harrah’s Entertainment, where he position of CEO of BHP Consulting moved up the slot management ranks, of Research & Development. He has managed the legal affairs Group, a private sales, marketing and before taking on general management a broad background in technology, of casinos in Las Vegas and leadership development consultancy roles at Score-A-Lot and Sybertronix with experience in virtualisation international locations including the based in Wilmington, Delaware. Gaming. He joined International and management technologies, United Kingdom, South Africa, Egypt He previously held a number of senior Gaming Technology (IGT) as Sales cloud initiatives and engineering and Canada. He previously spent 13 roles at Scientific Games Corporation, and Marketing Manager, before his management. Manjit is a published years in private practice for a number including Chief Revenue Officer of appointments as Managing Director author on cloud computing and of law firms in the United States. the gaming division, Senior Vice Africa and Managing Director Europe. mobile gaming technologies and President of Marketing and President Prior to joining Aristocrat in 2014, has previously held leadership roles of Scientific Games Racing. Brooks James held Senior Vice President at International Gaming Technology also led the commercial integration roles at MEI UK International, Zitro and (IGT), Juniper Networks and Sun of the WMS acquisition for Scientific CPI. Microsystems. Games and was responsible for Games Sales, Gaming Operations and Gaming Systems globally.

26 Leadership Team 2015

Executive Leadership Team

Victor Blanco Senior Vice President, Platform Architecture Victor Blanco is Senior Vice President of Platform Architecture, responsible for leading Aristocrat’s development centre in Texas, with a focus on software innovation and next generation platforms. He was previously Director of ARISTOCRAT BUSINESS REVIEW Software Architecture at HTC, driving its transition from a white label smartphone to an established international brand. Victor also spent eight years as a Software Architect at Microsoft and was integral to the launch of the Xbox video game console, Xbox Live service and Ultra- Mobile PC platforms.

Mitchell Bowen Managing Director, ANZ Mitchell Bowen joined Aristocrat over a decade ago, working in a variety of senior roles across several regions including the United States, Asia Pacific and Australia. Mitchell is responsible for the definition and creation of the overall ANZ business strategy, with a strong focus on product portfolio development, research, insights and commercial strategy. Prior to joining Aristocrat, Mitchell held several senior roles in the sporting and pharmaceutical industries. aristocratgaming.com

Aristocrat Leisure Limited Building A, Pinnacle Office Park 85 Epping Road North Ryde NSW 2113 P.O. Box 361 North Ryde BC NSW 1670 AUSTRALIA Tel +61 2 9013 6000 Fax +61 2 9013 6200 ABN 44 002 818 368