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2 Look to Cintas…An Employer of Choice: A company that is compatible with your values and culture A well-managed company recognized as a top performer Consistent track record of growth in sales and profit Tremendous growth opportunities in the future Operates in high-growth markets Employees that share your high standard for performance A training program that ensures your success. A commitment to diversity A company that will reward and recognize you for your performance and accomplishments Career advancement opportunities that are real Choosing a Company and Career?
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3 CINTAS: A company that is compatible with your values and culture
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4 To be recognized as a company which insists upon absolute honesty and integrity in everything we doTo be recognized as a company which insists upon absolute honesty and integrity in everything we do To have a highly talented, diverse and motivated team of partners who are compatible with our culture and enjoy what they doTo have a highly talented, diverse and motivated team of partners who are compatible with our culture and enjoy what they do To constantly increase our market share of the uniform rental and sale business in North AmericaTo constantly increase our market share of the uniform rental and sale business in North America To identify additional products and services so that we will ultimately provide a product or service to every business in North AmericaTo identify additional products and services so that we will ultimately provide a product or service to every business in North America Vision for the Future
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5 Our Corporate Culture Principal Objective To maximize the long-term value of Cintas for our shareholders and working partners by exceeding our customers’ expectations. Our Corporate Character Our beliefs, our customs, our way of working and how we approach our business. Management Systems We rely on a well-documented management system of policies and procedures to pursue our objectives.
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6 Guiding Principles We are professionalWe are professional We have a spartan attitudeWe have a spartan attitude We are enthusiasticWe are enthusiastic We cherish our PartnersWe cherish our Partners Our Corporate Character We live by the rulesWe live by the rules We are thoroughWe are thorough We work hardWe work hard We have high standardsWe have high standards Business Standards We are tough-minded, strong-willed people We are tough-minded, strong-willed people We operate with a sense of positive discontent We operate with a sense of positive discontent We operate with a sense of competitive urgency We operate with a sense of competitive urgency We have a passion for growth We have a passion for growth
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7 CINTAS: A company recognized as a top performer
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Named one of America’s Most Admired Companies by Fortune Magazine for the third consecutive yearNamed one of America’s Most Admired Companies by Fortune Magazine for the third consecutive year Named in Business Week’s “Global 1000” as one of the World’s Most Valuable Companies.Named in Business Week’s “Global 1000” as one of the World’s Most Valuable Companies. Received the “Best Big Companies” recognition by ForbesReceived the “Best Big Companies” recognition by Forbes Recent Recognition Member of the S&P 500 & NASDAQ 10Member of the S&P 500 & NASDAQ 10 Best long-term growth rates in industryBest long-term growth rates in industry 34 Consecutive Years of uninterrupted growth in sales and profits34 Consecutive Years of uninterrupted growth in sales and profits Called a “Dividend Achiever” by Mergent – a distinction given to the top 2/5 percent of all dividend-paying companies.Called a “Dividend Achiever” by Mergent – a distinction given to the top 2/5 percent of all dividend-paying companies.
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9 CINTAS: Consistent track record of growth in sales and profit
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10 A History of Success
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11 CINTAS: Tremendous growth opportunities in the future
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12 2003 2008* 2003 2008* Revenue $2.7B $5.5B Profit $249M $550M # of Businesses 5 7-8 # of Partners 27,000 40,000+ # of GM/BMs 300+ 500+ *For projection purposes only, not to be used for financial decisions. Today… Tomorrow... Today and Tomorrow
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13 Size of the Market Market Market Potential Cintas Share Uniform Rental $12.0 B 11% Uniform Sales $10.0 B 3% Facility Services $ 8.0 B 9% First Aid & Safety $ 2.0 B 7% Market Potential = $32.0 Billion Cintas market share = 8% Market Overview
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Market Share Geographic Expansion National Contracts Other Products & Services Acquisitions Acquisitions E-Commerce Identify New Businesses Growth Strategy
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15 CINTAS: Currently Operates in 5 high growth markets
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Uniform Rental Division Cleanroom Division National Account Sales Division Facility Services Division First Aid and Safety Division One Source. One Company. One Answer…
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17 Annual Growth of 21% during fiscal year 2003 - $2.2 Billion in Revenue Largest Company in the Uniform Rental Market In over 300 of top 326 markets in US and Canada Rental Division
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18 Awarded “World Class Supplier Achievement Award” by Advanced Micro Devices (AMD) Opportunity to service a more technically demanding customer group Cleanroom
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National leader in the servicing of high image Fortune 500 companies Our award-winning design teams received 2 of the “Top 10 Image of the Year” awards in 2003 National Account Sales
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20 Products Include Custom Logo Mats Hand Soaps Air Fresheners Paper Products Entrance Mats Anti-fatigue Mats Dust and Wet Mops Facility Services Provides value-added services to existing customers.
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21 Started in 1997 Organic growth coupled with acquisitions created $118M of sales in 2003 National leader in: Van delivered first aid and safety products Training services 50 Operations in majority of top markets First Aid and Safety
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22 CINTAS: Employees that share your high-standard for performance
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Attributes of Successful Partners Leadership Achievement-Oriented Independent & Entrepreneurial High Energy & Enthusiasm Strong Work Ethic Integrity Your Partner For Success Cintas’ Commitment to Partners Develop world-class business skills Learn through classroom and hands-on training Work with professional partners Gain responsibility early in your career Rapid career advancement
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24 CINTAS: The Scholars Program
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25 Over 300 nationwide opportunities available every summer Develop world-class business skills through challenging assignments Learn the culture and business first-hand –Project work and line assignments Build a relationship with a mentor Opportunity to move into a permanent position within the Management Trainee Program –Receive a premium salary for Scholar experience Opportunity for Scholars
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26 CINTAS: Training programs that ensure your success.
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27 Management Trainee Program Program Objective –Develop key executives in our company Program Design –Two-year developmental program –Rotations through departments to gain broad understanding –Rotations vary by location For example: –Production Department –Service Department –Administration, Sales
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28 Classroom Training for Trainees Core Course I –Corporate culture, orientation to Cintas and the Trainee program Core Course II –Policy presentations, case studies Meticulous Hiring –Understanding the standards and systems in Cintas’ hiring process
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29 Competitive starting salary Comprehensive medical, dental and vision Paid vacation, holiday and sick leave Group life insurance Short and Long term disability coverage Credit Union Partner’s Plan Management Trainee Compensation
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30 Upon completion of the Management Trainee Program, obtain a significant supervisory, sales or managerial position Be a key manager within 3-5 years Be a General Manager, Branch Manager, Functional Director (or equivalent) within 5-8 years Post Management Trainee Careers
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0 100 200 300 400 500 600 Number of General Managers 2002200320052006 Fiscal Year Ending Opportunities for Advancement ~300 ~475 ~550 ~600
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32 Other Training and Development Opportunities: - Meticulous Hiring - Diversity Training - Interpersonal skill development - Leadership training - Management & business skills - Hands on training and development - Individual Mentoring - Service Leadership Training - Fundamentals of Customer Relationships - Economics of Our Business - Advanced Customer Relations A Focus on Leadership Development
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33 CINTAS: A company that will reward and recognize you for your performance and accomplishments
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34 Profit Sharing Employee Stock Ownership Plan 401K Contributions with company match Partner’s Plan
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Growth Examples of 1000 Options Example 1Example 2 12 Mo. Avg. Stock Price $46 $46 Return 10% 15% 5 Years$74,083$92,522 10 Years $119,312 $186,096 20 Years $309,465 $752,861 Incentive Stock Option Plan for Key Partners
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36 CINTAS: Career advancement opportunities that are real
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Over 300 Cintas Operations serving over 500,000 business customers across North America. Nationwide Opportunities
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38 Why CINTAS? Opportunity Growth Development
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