Transformed and Positioned

for Growth Vita Group (VTG)

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AGM Order of Business

1. Chairman’s Report 2. CEO Presentation 3. Financial Statements 4. Director Elections 5. Remuneration Report

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Vita Group (VTG) Transformed and Positioned

for Growth

Successful"two-year transformation

Strengthened national footprint"180+ stores

Strategic partner to Telstra and Apple

Exposure to high-growth sectors�smart-phones, mobility, Apple

Positioned to deliver�earnings growth

A national provider of telecommunications, mobile devices, accessories and value-added services to business and retail customers

Vita Group – An Overview F

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TELSTRA FONE"ZONE

ONE"ZERO

NEXT"BYTE SPROUT

iCONCI_"ERGE LIQUIPEL AMTEL"

NET TWELP FINGA

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Branded points of presence Value-added products & services

Licensed stores offering full range of Telstra mobile, fixed and broadband

Mobile communications plus full Telstra offering

Telstra offering tailored at SME market

National network of Apple Premium Reseller stores

Mobile accessory distribution business

A simple and convenient secure mobile device management solution

A leading service, and repair agent offering user advice and an Apple Authorised Service Provider

Revolutionary technology that protects mobile devices from accidental contact with water

A Twitter-based customer service and problem-solving platform

A suite of electronic small-business management tools

Licensed network of Telstra Business Centres, for business customers

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The journey so far F

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Transformation of Vita Group: 2010-2012

Overhauled store portfolio Opened 79 Telstra stores, 12 Telstra Business Centres Exited underperforming Fone Zone, One Zero stores

Revitalised Next Byte New-format stores – more profitable, higher margins $15m impairment in FY12

Cost reductions H1 FY12

Invested in value-added lines Sprout, Amtel, iConcierge, Liquipel

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Our network today

Stores: 182

FoneZone: 39 Next Byte: 19 One Zero: 31 Telstra: 81 Telstra Business Centre: 12

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David McMahon Joint Chief Executive Officer

Dick Simpson Chairman

Maxine Horne Joint Chief Executive Officer

Robyn Watts Non-Executive Director

Neil Osborne Non-Executive Director

Strong independent oversight and input Diverse and complementary skills

Board

Governance and leadership F

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Leadership

Jim Collier GM, Next Byte

Andrew Leyden CFO

Pete Connors GM, Telecoms

Kendra Hammond Chief People Officer

Mark Anning Legal Counsel & Secretary

Governance and leadership

Depth of talent and experience Able to execute

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Leadership

Jim Collier GM, Next Byte

Andrew Leyden CFO

Pete Connors GM, Telecoms

Kendra Hammond Chief People Officer

Mark Anning Legal Counsel & Secretary

Governance and leadership

Depth of talent and experience Able to execute

The market opportunity

Telstra

Telstra 60% share�(mobile, fixed, broadband)

Leading performer in mobile

Investing in network, service, brand

Advantage in 4G and NBN

National telco market $40bn+, mobile $18bn

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Apple

Dynamic brand, loyal following

Innovative�product pipeline

Leverage point for higher-margin accessories

Investing in retail

The market opportunity F

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Value-added services

Complementary�revenue streams

Vita controlled

Superior margins

Natural�fit with store footprint

Wholesale opportunities

The market opportunity F

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SME market

Under-serviced

Fixed, mobile�and broadband

Network"installation

Service & repair

The market opportunity F

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SME market

Under-serviced

Fixed, mobile�and broadband

Network"installation

Service & repair

The market opportunity Revenue model

Telecoms

Mobile and fixed telecommunications products Customer connection incentives

Next Byte

Sale of Apple products Incentives for mobile connections Accessories, audio products, Liquipel, iConcierge Financial/risk products – Apple Care, Future Proof

Sale of accessories Value-added services: Liquipel, extended warranty, Amtel

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Diversified earnings base

Vita�s competitive advantage

Strategic partnerships – �Telstra and Apple

Exposed to growth markets

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Vita�s competitive advantage

Telco sector resilient to shifting sentiment Smart-phones, mobile internet Apple growing market share

Store portfolio newly transformed Well located Pitched at retail and business markets Next Byte the only true national APR operator

New business – Sprout, Liquipel High-margin / low capex

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paying off Transformation

Earnings uplift evident in FY12

up 6% to�$410.4m

Group revenue

up 21% to �$303.2m

Telecommunications"revenue

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Underlying EBITDA up 89%

Cost reductions, impact of new stores

H1 �$6.9m

H2 $9.9m

$8.9m

$16.8m

Contribution from new stores flowing through

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Dividend payout"ratio FY12

Above target – 65%

76% of NPAT

paying off Transformation F

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Capex commitments reducing

Gearing comfortable at Gross debt to peak "late 2012, then reduce"rapidly

20.7%

paying off Transformation F

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Outlook

Sectoral trends working in Vita’s favour

VTG set for sustained earnings growth FY13 and beyond “

“

Demand for smart-phones, mobility, 4G Telstra and Apple well positioned

Growing contribution from maturing store portfolio

Telstra rollout close to completion New-format Next Byte footprint taking shape Diverse mix of higher-margin value-added lines Free cash flow to support dividend growth

EBITDA of between $8.5-10m

1H FY13 Earnings Outlook

≈ 25% increase over $6.9M (1H FY12)

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Questions?

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