Performance Summary 2015

$ 1.09Billion

Revenue

$ 90.6Million

Adjusted Segment EBITDA1

$ 1.34

GAAP EPS2

$ 60.7Million

Cash Flow from operations

1 Please refer to the 10-K for a reconciliation of this non-GAAP measure to the its nearest GAAP measure.

2Income from continuing operations attributable to Viad.

Our company is committed to making a discernible difference in all that we do. Our reputation for integrity is our most valuable business asset. Our people respect the rights of and deal fairly with our customers, employees, business partners, and communities in which we live. Our commitment to the company and to be Always Honest drives our success.“

Steven W. Moster

President & Chief Executive Officer

Opportunity Summary

Strength

Two solid business groups
Strong, proven foundation
  • Leading and defensible market positions
  • Recurring revenue streams
  • Strong growth prospects
  • Solid balance sheet

Vision

Well-defined growth strategies
Clear plans for meaningful growth
  • GES: Differentiating as the preferred global, full-service provider for live events
  • T&R: Driving economies of scale and scope and enhancing a unique portfolio of integrated tourism assets

Performance

Balanced capital allocation
Focus on shareholder return
  • Business development remains the priority
  • Opportunistically repurchase shares
  • Pay quarterly dividend: $0.10 / share
  • Credit facility leverage ratio
    • For acquisitions: ≤3.0X
    • For return of capital >20M1: ≤2.5X

1In any calendar year.

Strategic Goals

Ges

  • Transform into full-service live event company
    • ~50% of revenue from non-Exhibition segments (37% in 2015)
    • ≥$250M in revenue from AV and Event Technologies (7% in 2015)
  • Grow revenue mid-single digits (same-show)
  • Increase EBITDA1 margin to ~8% w/o show rotation benefit (5.6% in 2015)

T&R

  • Scale to ≥$250M in revenue ($112M in 2015)
  • Leverage professional team and systems
  • Maintain strong EBITDA1 margin (32% in 2015)
  • Create umbrella brand for unique collection of experience assets

1.Refers to Adjusted Segment EBITDA and a Non-GAAP to GAAP reconciliation is published 10K