HRG State of the Business
5
Consumer Products OtherInsurance & Reinsurance
Record fiscal year results for
revenue, Adjusted EBITDA, cash
flow
Record 2016 for Home and
Garden, HHI and Global Auto Care
Higher Adjusted EBITDA, margins
across all lines of business as
compared to 2015
Record results expected in 2017
1. Reflects the aggregate principal amount of debt outstanding at HRG as of September 30, 2016, excluding issuance discounts, and does not give effect to debt held by the subsidiaries. 2. As of September 30, 2016; includes
$26.7 billion of assets held for sale related to Fidelity & Guaranty Life. 3. As of September 30, 2016, corporate cash, cash equivalents and investments held at HRG.
Debt1: $1.75BN
Consolidated Assets2: ~$35.8BN
Cash and Investments3: $172.0MM
Continuing to work on closing FGL’s
transaction with Anbang
Anbang and FGL amended the
merger agreement to extend by
three months the outside date for
the completion of the merger
We remain committed to closing the
transaction once the regulatory
process concludes
Progress made in simplifying our structure:
Disposed all of our interests in Compass
Disposed our interest in CorAmerica
Operations of EIC successfully wound
down
Wind down of Salus nearly complete:
ABL receivable balance down ~85%
since start of fiscal year
As previously disclosed, HRG has initiated a process to explore strategic alternatives with a view to maximizing shareholder value
HRG’s Board will work with HRG’s management and retain financial and legal advisors to assist in the process
Strategic alternatives may include, but are not limited to, a merger, sale or other business combination involving the Company or
its assets
