Redox Limited · ASX:RDX
Redox — Shareholder Meeting (November 2023)
24 slides from Redox's shareholder meeting presentation, Nov 8, 2023
Slide 1: 2023 AGM Presentation
2023 AGM PRESENTATION 8 November 2023 REDOX LIMITED (RDX.ASX) 1
Slide 2: Annual General Meeting Agenda
Annual General Meeting Agenda 8 November 2023 1. Chair’s Introduction 2. Formal Business of Meeting 3. CEO’s Presentation 4. Questions 2
Slide 3: Strong and experienced Board
Strong and experienced Board Raimond Coneliano Renato Coneliano Mary Verschuer Garry Wayling Ian Campbell Chief Executive Officer & MD Director / Marketing Manager Non- Executive Director Non- Executive Director Non-Executive Chair After having served as a Renato joined Redox in 1980. Mary has signi
Slide 4: Formal Business of Meeting
REDOX Formal Business of Meeting
Slide 5: How to vote
How to vote • When the poll is open, select the vote icon at the top of the screen • To vote, select either For, Against or Abstain • You will see a vote confirmation • To change or cancel your vote “click here to change your vote” at any time until the poll is closed 5
Slide 6: How to ask a question
How to ask a question • To ask a written question select the Q & A icon • Select the topic your question relates to from the drop-down list • Type your question in the text box and press the send button • To ask a verbal question follow the instructions below the broadcast window. 6
Slide 7: Items of Business
Items of Business • Item 1 – Financial Report • Item 2 – Re-election of Director • Item 3 – Adoption of Remuneration Report 7
Slide 8: Proxy votes
Proxy votes Item 2 Re-election of Director – Renato Coneliano For Against Open Abstain Excluded 203,995,386 1,491,257 208,802 19,607 - 99.18% 0.72% 0.10% N/A N/A Item 3 Adoption of the Remuneration Report For Against Open Abstain Excluded 106,631,717 99,592 208,802 47,453 98,727,488 99.72% 0.09% 0.1
Slide 9: Complete Voting
REDOX Complete Voting
Slide 10: CEO Address
REDOX CEO Address 10
Slide 11: Corporate overview
Corporate overview Company Overview Market Position Redox was established by the Coneliano Ranked largest family in 1965 and is now a leading chemical distributor in chemical and ingredients distributor Australia1 active in more than 1,000 specialty and commodity products. 12th in APAC1 34th in the
Slide 12: Sustainable business model
Sustainable business model Geographical expansion Minimal reliance (particularly the US), on any single and strategically and industry, 6,400+ 4,600+ financially prudent inorganic growth Geographical expansion and Diversification customer, supplier or ACTIVE CUSTOMERS SKU’S and resilience opportunit
Slide 13: Environmental, Social, and Governance
Environmental, Social, and Governance Redox aims to be a good corporate citizen embracing positive societal and industry engagement, responsible operation and practical initiatives We are committed to ethical sourcing, and seek to adhere to the highest ethical standards Silver Medal for Sustainabili
Slide 14: Group Strategy
REDOX Group Strategy 14
Slide 15: Continuing our growth story
Continuing our growth story Redox has delivered on its objectives during 2023 and is continuing to focus on its winning strategy Sales ($m) Organic Growth • Redox Singapore has commenced supply to clients 1,200 • First orders secured in Georgia USA • Preparations being made for presence in Ohio USA
Slide 16: FY23 Results Summary
REDOX FY23 Results Summary 16
Slide 17: FY23 highlights
FY23 highlights $1,258m 20.8% $141m Revenue Gross Profit Margin EBITDAFX +16.2% pcp growth in-line with long term average +5.2% pcp growth $146m 18.75c 21.3% Net Debt Earnings per Share Return on Invested Capital (Post IPO proceeds net debt was extinguished and net cash position was $82m) 17
Slide 18: P&L overview
P&L overview FY23 Change vs Change year 16.2% Revenue growth, driven by strong growth FY22 Actual $m Prospectus $m FY23 Actual $m Prospectus % on year % in ANZ and the US Revenue 1,082 1,244 1,258 1.1% 16.2% $141.4m Pro forma EBITDAFX, 5.2% above FY22, with Gross profit Total Op. Expenses 243.8 116.
Slide 19: Operating margins
Operating margins Pro forma EBITDAFX margin (%) Pro forma EBITFX1 margin (%) 11.7 14 12 12.4 10.8 11.2 12 10 10.2 10.6 • Operating 10 8 margins up vs 8 6 6 Prospectus but 4 4 2 2 down vs pcp 0 0 due to gross FY22 Prospectus FY23 FY22 Prospectus FY23 Proforma EBITDAFX margin % Proforma EBITFX margin
Slide 20: Outlook
REDOX Outlook 20
Slide 21: FY24 update
FY24 update Q1 FY24 update • Sales revenue declined in Q1 FY24 vs PCP due to commodity price deflation • Revenue growth in Mining & Explosives due to successful product launches in the Lithium and Uranium subsectors • Sales volumes increased 5% in Q1 FY24 vs PCP driven by strong volume growth in Pla
Slide 22: Questions
REDOX Questions 22
Slide 23: Disclaimer
Disclaimer Important notices This Presentation has been prepared by Redox Limited (ABN 92 000 762 345) (“RDX” or “Company”). Summary information This Presentation contains summary information about RDX and its activities current as at 30 June 2023. The information in the Presentation is of a general
Slide 24: REDOX &@ OO)
REDOX 0 &@ OO) RedoxGlobal RedoxTweet Redox Redox_global Limited