WH Smith : Preliminary Results Presentation 2022

Disclaimer

This document contains forward-looking statements with respect to the operations, performance and financial condition of WH Smith PLC. By their nature, these statements are subject to risks, assumptions and uncertainties that could cause actual results to differ materially from those expressed or implied because they relate to future events.

Unless otherwise required by applicable law, regulation or accounting standard, we do not undertake to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise. Nothing in this presentation should be construed as a profit forecast.

The financial information referenced in this presentation does not contain sufficient detail to allow a full understanding of the results of WH Smith PLC. For more detailed information, please see the preliminary results announcement for the twelve months ended 31 August 2022 which can be found on the Investors section of the WH Smith PLC website - www.whsmithplc.co.uk

WHSmith

The global travel retailer

Preliminary Results

10 November 2022

Agenda

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Introduction

Carl Cowling

Financial Review

Robert Moorhead

Business Review

Carl Cowling

Questions

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Overview: Strong year; well positioned for future growth

Group is now in its strongest ever position as a global Travel retailer

%

£

Strong	Multiple growth	Continued success	Investing for	Resumption of
momentum;	opportunities using	in winning new	future growth;	dividend reflects
Group now trading	suite of brands and	business; 150	c.£150m of capex	confidence in the
ahead of 2019	international	stores won across	spend in 22/23	future
levels	expansion	the globe

Success driven by forensic approach to retailing across all businesses

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WHSmith: A global travel retail Group

Travel

Forensic

✓ Consistent market	Retailing
	share growth	✓ Space management
✓ Multiple space growth
✓ Store opening programme	UK High Street
	opportunities globally
	✓ Format development	✓ Profit driven strategy
✓	Broad suite of brands
✓ In store execution	✓ Margin growth and
✓	Category development
✓ Tight cost control	cost savings
	driving ATV
	✓ Industry-leading returns	✓ Digital growth
✓	Long-term market
	✓ Consistent cash
	growth

generation

Focused on profitable growth, cash generation and shareholder returns

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