1. Welcome to the 35 th ALCS Annual General Meeting The Grand Thistle Hotel, Bristol 21 November 2013

2. AGM 2013 Agenda 5:00 – Welcome & Chair’s Review Review from the Chief Executive 5:15 – Formal proceedings 6:00 – Special guest speaker – Mal Peet 2

3. Welcome & Chair’s Review Dr Penny Grubb

4. 2012/13 Review Owen Atkinson

5. Highlights £30.7M licence income £27.6M paid out to 60,000 writer Members 4,000 new ALCS Members £800,000 surplus returned to Members reducing Net Commission from 9.5% to 7% 5

6. ALCS Collections: Overview 6 UK £19M Europe £9M Japan £230K Australia & NZ £1.3M South Africa £130K S America £0 US & Canada £900K

7. ALCS Collections: Breakdown of UK Income £18.8M licence income £13.8M from Educational Licensing £4.5M from Business and Government £0.5M from BBC/Sky/Virgin Media 7

8. ALCS Collections: Business sector copying 8

9. ALCS Collections: Reprography Overseas Largest payments Over £1M received from each of Australia, Netherlands, Spain, Ireland and France Over £0.5M from each of Denmark, Norway, Germany, USA and Italy Smallest payments £3-5K from each of Greece, Lithuania, Slovakia, Jamaica and Portugal 9

10. ALCS Membership Worldwide 10 UK 60,000 Europe 6,000 Asia 500 Australia & NZ 3,000 Africa 250 South America 100 US & Canada 10,500

11. ALCS Operations 1.5M individual uses of Members’ works under licence 115,000 separate works used Average payment £13 per use 4,000 new Members during 2012/13 Over £2M paid to these new Members during the year 11

12. Support and Sponsorship Funding Arvon Centre for Literacy in Primary Education Crime Writers Association Emerald Publishing Group Location Register of Literary Manuscripts Marlborough LitFest National Union of Journalists New Writing South Royal Society of Literature Society of Authors Writers’ Guild of Great Britain Writing West Midlands 12

13. The Future..... 13

14. Directors’ Report and Financial Statements 2012/13 Presented by Dr Penny Grubb, Chair of ALCS

15. Agenda Item 1 2012/13 Financial Statements Presented by Neil Gillard, Head of Finance & IT

16. Income and Expenditure Account 16 20132012 ££ Licence income30,720,59730,318,121 Royalties payable(28,683,457)(28,300,819) Commission receivable2,037,1402,017,302 Administration expenses(3,359,117)(3,217,300) (1,321,977)(1,199,998) Other operating income152,623143,534 Operating deficit(1,169,354)(1,056,464) Investment income1,169,3541,056,464 Surplus on ordinary activities before taxation - - Tax credit on ordinary activities - - Surplus for the financial year - - In addition to the figures shown in the above Income and Expenditure Account there were, at 31 March 2013, unrealised gains of £1,431,447 (2012: £816,425) resulting from the increase in the market value of investments. For the year ended 31 March 2013

17. Five year record 2013 2008 Increase £m £m Licence Income 30.7 21.9 40.0% Royalties payable 28.7 20.4 40.7% Royalties paid 27.6 17.6 57.0% Administration expenses 3.4 3.2 6.2% 17

18. Balance Sheet 18 20132012 ££££ Fixed Assets Tangible assets 5,774,298 9,231,961 5,727,472 8,836,264 Investments 15,006,25914,563,736 Current Assets Debtors880,413879,745 Cash at bank and in hand23,477,99222,768,788 24,358,40523,648,533 Creditors: amounts falling due within one year (14,126,584)(13,626,443) Net current assets10,231,82110,022,090 Total assets less current liabilities25,238,08024,585,826 Creditors: amounts falling due after one year (24,219,452)(23,567,198) 1,018,628 Reserves: Operating fund518,628 Legal fund500,000 Surplus / (Deficit) for the financial year00 1,018,628 As at 31 March 2013

19. Monitoring ALCS’ Financial Operations Bi-monthly Finance & Audit Committee Meetings Annual Statutory Audit Annual Internal Audit Corporate Governance Rules require auditors to change every 6 years From 2013/14: –Proposed statutory auditors - haysmacintyre –Internal audit by Shipley’s LLP 19

20. Agenda Item 1 Adoption of the Directors’ Report and Financial Statements 2012/13

21. Agenda Item 2 Appointment of Auditors

22. Agenda Item 3 Special Resolution

23. Candidates for Board Election Alan Dearling Carole Edrich Jonathan Fryer Di Redmond Janice Russell Edward Sallis Jonathan Turner Jenny Vaughan 23

24. Current Board of Directors Owen Atkinson Toby Faber (Vice-Chair) Penny Grubb (Chair) Carol Lee James McConnachie Paul Powell Jonathan Turner Joan Smith Hugh Stoddart 24

25. Current ALCS Staff Owen Atkinson Barbara Hayes Richard Combes Neil Gillard Alan Smith Alison Baxter David Grundy Dawn Ryan Colette Scourse Isobel Tungatt Robert Yarwood Naomi Arimoro Samantha Ball Lucey Barclay Pauline Biden Nicole Black Joe Carroll Ersilia Cilenti Gaynor Coules Jacqui Dalton Paul Donegan De’Anne Jean Jacques Hasmukh Jogia Jack Johnson Alena Johns Philippa Jones Cathy Knights Tommy Horler Nick Mackay Ben Packford Ben Pearson Ian Pocock Kirsty Ridyard John Scott Andreea Stangu Malcolm Wai Katie Webb Jade Zienkiewicz 25

26. Welcome to the New Chair Adam Singer

27. ALCS Annual General Meeting

28. Mal Peet Guest Speaker

29. Thank You