Introduction and Update: Oracle Hyperion Disclosure Management

2. Introduction and Update:Oracle Hyperion Disclosure Management Karin Cheung Sr. Principal Product Manager Al Marciante Senior Director of Product Management

3. Safe Harbor The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.

4. Program Agenda • XBRL Update • Disclosure Management Overview • New Features • Customer Highlight: J.M. Smucker • Implementation Best Practices • Coming Soon

5. XBRL Reporting around the World • U.S. Securities and Exchange Commission (SEC) • Interactive Data Mandate for all public companies • Mutual Funds risk/return summary, NSRSOR (statistics), Frank-Dodd • UK HMRC, Ireland Revenue • All filers now submitting iXBRL for accounts and tax computations • European Union • Solvency II, COREP, FINREP legislations • APAC • India Ministry of Corporate Affairs, Chinese Ministry of Finance, Australia SBR, Central Bank of Malaysia

6. The Financial Close Process • Develop regulatory filings in a collaborative environment • Leverage a unified Enterprise Performance Management framework • Manage your data securely • Link XBRL metadata directly to Hyperion Financial Reports, Financial Management , Planning and Essbase • Ensure data accuracy and regulatory compliance Disclosure Management

7. Oracle Hyperion Disclosure Management Statutory Reporting Made Simple • Microsoft Office for authoring • Source data from EPM, ERP, 3rd party apps and external docs • Choose XBRL, iXBRL, EDGAR, PDF, Word publishing formats • Rollover across filing periods • Use variables for fine-tuning

8. Oracle Hyperion Disclosure Management Statutory Reporting Made Simple • Microsoft Office for authoring

9. Oracle Hyperion Disclosure Management Statutory Reporting Made Simple • Direct integration with Enterprise Performance Mgmt Apps Reporting and Analysis repository Financial Management Essbase Planning Supports data source mappings in Word and Excel

10. New Features

11. New Features • More publishing options including SEC EDGAR-ready HTML format • Not just an XBRL reporting tool • Create annual and quarterly reports, press releases and more

12. New Features • Variables • Manage common text, numbers, dates across your report

13. New Features • Variables • Toggle between show/evaluate variable modes

14. New Features • Variables • Toggle between show/evaluate variable modes

15. New Features • Variables • Cross-footing for data accuracy • Table of Contents automation • Directional Words

16. New Features • XBRL Mapping Filter • Select any text in the Word or Excel document (Master doc or doclet) • Click to toggle filtering to “on”

17. New Features • Detailed Mapping Reviews • Improve data quality with detailed mapping, duplicate value and negative value reviews

18. New Features • Multi-Select Doclet Refresh (or Refresh All) • Report Manager progress bars for all edits – refresh, rearrange, add, etc

19. Customer Highlight: J.M. Smucker

20. Getting Out of a Reporting Jam: The J.M. Smucker Company’s Story on Disclosure Management

21. Company Overview Flour & Baking Ingredients Canned Milk Baking Mixes & Frostings 7% 6% 5% 5% Shortening& Oils Coffee, peanut butter and fruit spreads contributed 2/3 of the $5.5 billion in FY12 net sales 7% Other 12% Fruit Spreads Peanut Butter Coffee 10% 48% Smucker FY12 Sales by Category

22. Outsourcing Process

23. Outsourcing Pain Points

24. Bringing XBRL In-house

25. The Project – Broader than Disclosure Management Project Phases

26. External Reporting Automation

27. External Reporting Automation • Exceeded our goal of 75% automation • Blueindicates % automated prior to the External Reporting project • Green indicates % automated to date

28. Keys to our Success

29. The Story Had a Happy Ending • 2Q and 3Q FY13 successful filings using DM • Achievement of the benefits we expected • Acceleration of the timing of our 10Q filings • 11 days before due date in Q3! • Successfully filed our first YE filing using DM

30. Success Criteria & Expected Benefits • Benefits & Objectives: • All Hyperion applications on compatible versions to support DM implementation & desktop rollout initiative. • Leverage HFM to automate 50 – 60% of external reporting & eliminate re-keying of data (Goal 75%). • Ability to control tagging process by bringing in-house. • Ability to tag different portions of external filings simultaneously. • Implementation of 64-bit technology (previous Oracle recommendation for improved performance). • Reduction in filing fees with third party. • Increase efficiency in XBRL process (i.e., spend less time on XBRL than we do currently). • Utilization of check-in/check out, versioning, & workflow Success Criteria: • Hyperion Upgrade • Upgrade supports current system processes. • HFM: allocations, income estimates, reporting, reforecasts • Essbase: ICP allocations, reporting • FDM / ERPI: data loads, mappings • Upgrade supports Windows 7/ MS Office 10 rollout initiative. • ERPI upgrade is compatible with & supports R12. • External Reporting • Accurate external reporting / data integrity. • Automate 75% preparation of 10K, 10Q, & Press Release. • Disclosure Management • SEC must be able to accept the Disclosure Management files. • DM produces data that is accurate & in compliance with SEC requirements. • Regulatory team must have the ability to resolve XBRL errors. • Ability to generate an instance document with DM files. • Ability to make last minute changes while filling on time. • No disruption to the non-XBRL related 10-K or 10-Q processes. • Overall • Deliver project on time & on budget.

31. Lessons Learned • Need the right people that embrace systems • Internal • Consultants • Do not rely solely on outside consultants • Need to develop in-house talent • Develop relationships with the experts

32. Lessons Learned from the Oracle team • Critical to build XBRL expertise in-house • Assign a person who has good accounting + XBRL technical knowledge so they can understand the SEC requirements • Review and learn from SEC FAQ’s and staff observations • Start tagging early, fill in the numbers later • Oracle starts the process 6 to 8 weeks before quarter end • Plan on spending extra time and resources in first few filings • Oracle now spends 3-4 days before, 2 days after quarter end on XBRL • Train multiple resources for redundancy

33. Implementation Best Practices

34. Getting Started Before you start tagging… Know your requirements Identify your resources and responsibilities Set up your documents and data sources Understand success metrics

35. Managing Documents • Use the Master document as a container for doclets. • Avoid using a single document for your entire report • Think about: • Modularity • Collaboration • Scope • Troubleshooting • Consider: • Simplicity – Doclets provide a clear indication of where content lives • Arranging content – easy to re-order doclets

36. Doclets - Word or Excel?

37. Data Source Tagging • Use Financial Reports with SmartView for the most flexibility • Leverage formatting, report formulas

38. Document-Level Tagging • Technique used by Oracle and J.M. Smucker • Also preserves all XBRL tags and DM metadata on rollover • Leverage EPM data through worksheet linking • Mix data source and document-level tagging for hybrid approach

39. Best Practices and More • DM Knowledge Base on Oracle Support, ID 1463345.1 • DM Implementation Best Practices • DM 10Q Sample Report Walkthrough • DM Formatting Guidelines • Taxonomy Designer webinars for SEC filings

40. Coming Soon

41. Coming Soon • Taxonomy Manager Admin UI • Register new taxonomies • Manage existing taxonomies • MS Office access • Minimize IT involvement

42. Coming Soon • SEC Best Practices Validation • Enhance report quality with new SEC recommended validations • Report Enhancements • Include images in your XBRL filing package • Improved XBRL and EDGAR output, including table header and negative value alignments

43. Oracle Hyperion Disclosure ManagementCurrent Release and Roadmap • Output Formats • EDGAR HTML generation • PDF report generation • XBRL Enhancements • Typed Dimensions support • Detailed Mapping Review • Duplicate Mapping Review • Negative Values Review • Usability • Variables for cross-footing, shared text, directional words, automated Table of Contents • Report Manager edit mode, multi-refresh, and other doclet management capabilities • EPM Integration • Improved formatting for EDGAR and XBRL outputs • XBRL Enhancements • Taxonomy registration and administration user interfaces • SEC Best Practices Validation • Usability • Report Manager logging enhancements • Content Management • Integrated content management features with check in/out, versioning capabilities • XBRL Enhancements • Integrated taxonomy extension design and unified validation • High Volume XBRL Generation • Focus on Solvency II and HFM integrated QMR solution • Transactional system support Current DM11.1.2.3 and earlier Coming Soon Future Directions

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