Australian Ethical Investment Ltd · ASX:AEF
Australian Ethical Investment — Shareholder Meeting (November 2022)
26 slides from Australian Ethical Investment's shareholder meeting presentation, Nov 23, 2022
Slide 1: Australian Ethical 2022 AGM Speeches & Presentation slides
ethical” | A§ ASX: AEF Wednesday, 23 November 2022 Australian Ethical 2022 AGM Speeches & Presentation slides ASX Announcement The Chair and Managing Director's speeches and presentation slides (including details of proxy votes received) are attached. This announcement is authorised by Tom May, Comp
Slide 2: Stephen Gibbs, Chair
etical” | A§ Stephen Gibbs, Chair Financial year 22 was a challenging year for Australian Ethical as it was for almost all investment managers and superannuation funds. We saw the breakout of the Ukraine war with the resulting energy crises, and knock-on impacts to the financial markets in terms of
Slide 3: Chair's speech (continued)
etical” | A§ cohort of Australian investors and super fund members that want to invest ethically in line with their values. The money we are investing back into AEI is already leading to considerable benefits of scale and improved customer service. It's no great secret that lots of investment compan
Slide 4: Chair's speech: thanks to directors and staff
etical” | A§ | take this opportunity to thank my fellow Non-Executive Directors- Kate Greenhill, Mara Bun, Michael Monaghan and Julie Orr all of whom make extremely valuable contributions to the company and who exercise their responsibilities with care and commitment. | want to acknowledge the contr
Slide 5: John McMurdo, Managing Director
etical” | A§ John McMurdo, Managing Director Thanks, Steve. | would also like to acknowledge the Traditional Owners of the Country on where we meet today, the Gadigal people of the Eora Nation, and pay my respects to their leaders — past and present and thank them for protecting Country since time i
Slide 6: Managing Director's speech: Ukraine war and ESG funds
etical” | A§ While the invasion underlines the urgency of removing dependency on fossil fuels, it has also revealed the true colours of many so-called ESG funds who are re-investing in fossil fuel companies and easing demands on them. Humans and organisations show their true colours when pressure mo
Slide 7: Responsible investing demand and AE growth strategy
etical” | A§ The demand for responsible investing in Australia continues to grow — substantially - with research from RIAA? showing that more than five out of six Australians believe it is important that their super fund or bank commits to reducing greenhouse gas emissions. 81% of Australians want t
Slide 8: Managing Director's speech: flows and growth
etical” | A§ engagement score of 79% and the quality of the talent we are attracting to our business despite the competitive recruitment landscape. We have added new acquisition channels through our recent partnerships with employer platforms, and remain the fastest growing super fund over 5 years.
Slide 9: Managing Director's speech: concluding remarks
etical” | A§ purpose. It enables us to grow our portfolio of good money, to further raise our voice as an active shareholder, and accelerate our contributions to the Australian Ethical Foundation. We will be passing on benefits of scale to all super fund members through continued fee reductions and
Slide 10: Annual General Meeting
Australian Ethical Annual General Meeting John McMurdo, Managing Director & CEO 23rd November 2022
Slide 11: For personal use only
$8.3 Billion in Right Before War ‘g data analysis finds Russia bets to zero How to solve an inflation, deficit ande as Australia looks to nergy crisis break vicious cycle For personal use only
Slide 12: Investing for a better world
Divestment Investing for a better world Companies we invest in BETTER FUTURE FOR z 2 PEOPLE, VOIDS GREEN-WisH PLANET AND ANIMALS Company Assessments Company Visits Sector Exclusion Risk Analysis Industry Frameworks Fundamental + Investment Analysis Issues Frameworks Interpretation Principles 0; yn T
Slide 13: For personal use only
For personal use only
Slide 14: Rise in responsible investing
Rise in responsible investing 4 out of 5 Australians (83%) expect their bank account and their super to be invested responsibly and ethically and for over 80% of the population, this means that their investments deliver a positive impact to the world. fA Australians are increasingly concerned about
Slide 15: AE's growth strategy
AE’s growth strategy For personal use only
Slide 16: FY22 highlights
FY22 highlights BRAND Brand familiarity increasing! er SFT deed with Christian Super signed 2 new products launched, including first ETF #1 NPS for HNW managed funds* Money Magazine Best of the Best 2022 Best Australian Equities ESG Fund for Diversified Shares 17% increase in customers 46% growth in
Slide 17: FY22 results
FY22 results >Growth in retail & wholesale “eet flows and revenue in hallenging market conditions @continued reinvestment for ip) —Jong term growth Australian Ethical AS S0.94bn total net flows in challenging market 20% growth in retail and wholesale net flows to $1.14bn~ 22% growth in super net flo
Slide 18: Award-winning business — authentic and ethical
Award-winning business — authentic and ethical Leadership Responsible Investment Association Australasia Responsible Investment Leader 2022 Managed funds Best Australian Shares ESG Fund — Diversified Shares Fund Money Magazine Best of the Best 2022 Super ANANGIAL REVIEW SUSTAI LEADER’ Top 5 for fina
Slide 19: Impact highlights - Investment portfolio
Impact highlights - Investment portfolio oy Listed companies in our portfolio have, compared to benchmark 77% lower CO, intensity® ®) Nil investment in tobacco!? ®) Nil investment ®) Nil investment in nuclear in fossil fuel companies? sy <a> 1.8x more ((4( 3.7x 5Q¢ 5.6x more 4 strategic areas of foc
Slide 20: For personal use only
For personal use only • • • • • • • • •
Slide 21: Super Successor Fund Transfer
/ \ Super Successor Fund Transfer S istian . Chr Paneees 12 AL Australian Ethical
Slide 22: For personal use only
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Slide 23: Footnotes
Footnotes 1. Swayable brand tracker 11. Revenue from impact solutions compared to a blended benchmark of S&P ASX 200 Index (for , Australian and NZ shareholdings) and MSCI World ex Australia Index (for international shareholdings). 2) KPMG 2022 Super Insights Report - published May 2022, using stati
Slide 24: Proxy votes
For personal use only 36,259,897 2,183,020 1,707,907 182,030
Slide 25: Proxy votes
For personal use only 37,321,184 2,195,650 818,434 16,421
Slide 26: Proxy votes
For personal use only 30,380,044 2,195,650 7,759,574 16,421
Australian Ethical Investment — Shareholder Meeting (November 2022) on 6ix