Plenti Group Ltd. · ASX:PLT
Plenti — Shareholder Meeting (August 2024)
30 slides from Plenti's shareholder meeting presentation, Aug 27, 2024
Slide 1: 2024 Annual General Meeting - addresses and presentation
27 August 2024 ASX RELEASE 2024 Annual General Meeting - addresses and presentation Plenti Group Limited (ASX:PLT) is pleased to provide a copy of the attached addresses and presentation, which will be delivered by Plenti’s Chairman and CEO at its Annual General Meeting today. Authorised for release
Slide 2: Chairman's address
27 AUGUST 2024 ASX RELEASE Chairman’s address We are delighted to welcome shareholders to Plenti’s AGM, our fourth AGM since listing on the ASX in September 2020. Plenti’s mission is to build Australia’s best lender. Great strides were made towards the accomplishment of this mission over the last ye
Slide 3: Chairman's address (continued)
experiences, efficiency and technology – to introduce new products and services beyond our initial automotive and renewable energy finance offerings. I would like to acknowledge the great work that Plenti’s renewable energy and automotive teams continue to undertake in supporting the transition of A
Slide 4: CEO address
27 AUGUST 2024 ASX RELEASE CEO address Let me start by thanking our Chairman, Mary Ploughman, and the Board of Directors, for the confidence they’ve placed in me to be Chief Executive Officer of Plenti. The responsible extension of appropriate credit to well-informed and creditworthy borrowers who c
Slide 5: Strategic partnership with NAB
These results across growth and profitability reflect the resilience of Plenti’s business model, given the headwinds lenders faced from continued funding cost increases, as well as higher industry credit losses following the very benign credit conditions through the previous Covid- impacted periods.
Slide 6: Credit environment
Credit environment Plenti is focused on lending only to creditworthy borrowers, helping to bring stability to credit outcomes and reduce overall business risk. Over the last year, the business leveraged its credit decisioning and pricing technology to help ensure it maximised the profitability of it
Slide 7: Annual General Meeting August 2024
3 Annual ®o >General ~ Meeting 27 August 2024. Plenti
Slide 8: Board of Directors
For personal use only Mary Ploughman Daniel Foggo Peter Behrens Chairman and Independent Non-Executive Director Independent Non-Executive Non-Executive Director Director Susan Forrester AM Stephen Benton Independent Non-Executive Independent Non-Executive Director Director 2
Slide 9: Executive team
For personal use only Adam Bennett Miles Drury Georgina Koch Chief Executive Officer Chief Financial Officer General Counsel and Company Secretary Ben Milsom Glenn Riddell Simon Cordell Chief Commercial Officer Chief Operating Officer Chief Risk Officer 3
Slide 10: Online Q&A
Online Q&A 3. Type your question and 2. Insert your question at ‘I’d like to speak’ if you 1. Click on the Q&A icon the bottom of the screen & would like to ask your For personal use only press enter to submit (include your SRN or HIN at the start of your question so question verbally that you can b
Slide 11: Address
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Slide 12: For personal use only
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Slide 13: Loan portfolio growth by product
For personal use only 2,000 200 52% 3-year 58% 3-year CAGR CAGR 1,500 150 1,000 70%1 100 500 50 0 0 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Automotive Renewable energy Personal 7 1. Lower credit risk secured automotive and renewable energy loans represented 70% of the l
Slide 14: Cash NPAT growth
For personal use only ) • Cash NPAT is after the expensing of all technology investment 5 48% 2H – $12.6m of technology cost in FY24 10 growth yoy • Profitability is typically skewed to 2H – $4.6m Cash NPAT in 2H24 was up 48% on 4 pcp 5 • Cash NPAT growth of 48% in 2H on pcp, versus 36% growth for t
Slide 15: NAB strategic partnership
For personal use only ‘NAB powered Renewable energy finance Commitment and Equity investment by Plenti’ car and EV loan referrals opportunities • Co-branded car and EV loan • Select Plenti renewable energy • NAB has rights to acquire up to • Initial partnership term of 5 launched to NAB staff in Jun
Slide 16: Renewable energy offers and finance options
For personal use only Access exclusive household renewable energy offers and discounts Single application experience extends to easy sign- up to energy plans and virtual power plants (VPPs) Unlock on-going financial savings accelerating the payback period on equipment (including batteries) Access at
Slide 17: Credit performance
For personal use only • Plenti is a prime lender, focused on lending to borrowers with strong credit characteristics. 5.0% 900 Period end portfolio characteristics included: – 835 weighted average Equifax credit score, well above credit active population average 4.0% – 72% of lending to homeowners (
Slide 18: Plenti team and partners
For personal use only Plenti team and partners Bringing our customers’ big ideas to life u Plenti 2
Slide 19: For personal use only
For personal use only • • • • • • • 13
Slide 20: Registration and Voting
Registration and Voting 1. Log in or register at: 2. Click view and register 3. Record your vote. Once For personal use only https://investor.automic.com.au/#/home your attendance for the you confirm it is lodged and meeting final To contact support: Call 1300 816 159 or open live chat from the Inve
Slide 21: Financial Report
For personal use only • To receive and to consider the Annual Financial Report of the Company for the financial year ended 31 March 2024 together with the declaration of the Directors, the Directors’ Report, the Remuneration Report and the Auditor’s Report for that financial year. Note: This item is
Slide 22: Remuneration Report resolution
For personal use only • To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “That, the Remuneration Report for the financial year ended 31 March 2024, be adopted.” Note: the vote on this Resolution is advisory only and does not bind the Directors or the Compa
Slide 23: Re-election of Susan Forrester
For personal use only • To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “To re-elect Susan Forrester as a Director of the Company.” 17
Slide 24: Election of Daniel Foggo
For personal use only • To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “To elect Daniel Foggo as a Director of the Company.” 18
Slide 25: STI Share Rights to Daniel Foggo
For personal use only • To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “That the issue and allotment of 202,003 STI Share Rights to Mr Daniel Foggo, Director and outgoing CEO of the Company, under the Company’s FY24 Short Term Incentive Plan, as describe
Slide 26: Approval of 10% placement capacity
For personal use only • To consider and, if thought fit, to pass the following resolution as a Special Resolution: “That, for the purposes of ASX Listing Rule 7.1A and for all other purposes, the issue of equity securities up to 10% of the issued capital of the Company (at the time of issue) calcula
Slide 27: Employee Equity Plan issue
For personal use only • To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “That for the purposes of ASX Listing Rule 7.2 (Exception 13(b)) and for all other purposes, the issue of up to 8,766,068 equity securities under the Company’s Employee Equity Plan as
Slide 28: Conducting of the poll
Conducting of the poll r personal use only
Slide 29: Other business
Other business Ajuo asn yeuosied J
Slide 30: Meeting close
Meeting close Ajuo asn yeuosied J