Income Asset Management Group Limited · ASX:IAM

Income Asset Management — Shareholder Meeting (November 2024)

23 slides from Income Asset Management's shareholder meeting presentation, Nov 25, 2024

  1. Slide 1: Income Asset Management Annual General Meeting

    For personal use only INCOME ASSET MANAGEMENT ANNUAL GENERAL MEETING 25 November 2024

  2. Slide 2: Disclaimer

    For personal use only Disclaimer No investment advice or offer of shares This presentation does not constitute investment advice, or an inducement or recommendation to acquire or dispose in any shares of IAM, in any jurisdiction. Risks and assumptions This presentation contains statements (including

  3. Slide 3: Agenda

    For personal use only Agenda  Chair’s welcome – Greetings and agenda – Business update  Formal business of the meeting – Notice of meeting – Voting on resolutions  Close of meeting

  4. Slide 4: Chair's welcome

    For personal use only Chair’s welcome

  5. Slide 5: Business Update

    For personal use only Business Update

  6. Slide 6: Business update

    For personal use only Business update FY24 was an eventful and volatile year for IAM.  Strong growth in client numbers and Funds Under Advice (FUA)  Improving revenue run rate with FY impacted by poor first quarter  High costs; including one-off expenses for legacy systems  Problematic operation

  7. Slide 7: Business update: Administration switch to Perpetual Corporate Trust

    For personal use only Business update Administration switch to Perpetual Corporate Trust Now that our interest burden is gone, once the agreement with PCT is fully implemented, the total of our cost reduction will be circa $4m.  PCT are Australia’s leading experts in fixed income administration and

  8. Slide 8: Business update: Sales activity (cont.)

    For personal use only Business update Sales activity (cont.) Introducing our Loans and RMBS products to investors  Co-Head of Capital Markets, James Shillington, completed a national roadshow presenting our Loan product which was well received and will support future loan transactions  Head of Str

  9. Slide 9: Notice of meeting

    For personal use only Notice of meeting

  10. Slide 10: Voting on resolutions

    For personal use only Voting on resolutions

  11. Slide 11: Item 1: Financial Statements and Reports

    For personal use only ITEM 1: IAM Group Ltd Financial Statements and Reports To receive and consider the Financial Report, the Directors’ Report and Auditor’s Report of the Company for the year ended 30 June 2024.

  12. Slide 12: Item 2: Remuneration Report

    For personal use only ITEM 2: Remuneration Report To consider and, if thought fit, to pass the following Resolution as an ordinary resolution of the Company: “To adopt the Remuneration Report for the year ended 30 June 2024.” Notes:  In accordance with section 250R of the Corporations Act, the vote

  13. Slide 13: Item 3: Election of Director – Mr Simon Maidment

    For personal use only ITEM 3: Election of Director – Mr Simon Maidment To consider and, if thought fit, to pass the following Resolution as an ordinary resolution of the Company: “That Mr Simon Maidment, who was appointed as an additional director effective 29 April 2024, and who holds office until

  14. Slide 14: Item 4: Approval of additional 10% placement capacity

    For personal use only ITEM 4: Approval of additional 10% placement capacity To consider and, if thought fit, to pass the following Resolution as a special resolution of the Company: “For the purpose of Listing Rule 7.1A and for all other purposes, to approve the issue of additional Equity Securities

  15. Slide 15: Item 5: Approval of placement of first tranche

    For personal use only ITEM 5: Approval of placement of first tranche To consider and, if thought fit, to pass the following Resolution as an ordinary resolution of the Company: “That for the purposes of ASX Listing Rule 7.4 and for all other purposes, Shareholders ratify the prior issue and allotmen

  16. Slide 16: Item 6: Issue of Shares under Conditional Tranche 2

    ITEM 6: Approval of issue of Shares under Conditional Tranche 2 of the Placement For personal use only To consider and, if thought fit, to pass the following Resolution as an ordinary resolution of the Company: “That for the purposes of ASX Listing Rule 7.1 and for all other purposes, Shareholders a

  17. Slide 17: Item 7: Issue of Shares to an Associate of Mr Simon Maidment

    ITEM 7: Approval of issue of Shares to an Associate of Mr Simon Maidment For personal use only To consider and, if thought fit, to pass the following Resolution as an ordinary resolution of the Company: “That for the purposes of ASX Listing Rule 10.11.1, Shareholders approve the issue of 3,333,333 f

  18. Slide 18: Item 8: Issue of Options to Lead Managers and Underwriters

    ITEM 8: Approval of issue of Options to Lead Managers and Underwriters For personal use only To consider and, if thought fit, to pass the following Resolution as an ordinary resolution of the Company: “That for the purposes of ASX Listing Rule 7.1 and for all other purposes, Shareholders approve the

  19. Slide 19: Voting

    For personal use only Voting

  20. Slide 20: Income Asset Management Group Ltd

    For personal use only Income Asset Management Group Ltd

  21. Slide 21: Close of meeting

    For personal use only Close of meeting

  22. Slide 22: Thank you

    For personal use only THANK YOU

  23. Slide 23: Contact us

    For personal use only Contact us P: 1300 784 132 E: sales@incomeam.com W: incomeam.com

Income Asset Management Group — Shareholder Meeting (November 2024) on 6ix