G8 Education Limited · ASX:GEM
G8 Education — Shareholder Meeting (May 2021)
27 slides from G8 Education's shareholder meeting presentation, May 19, 2021
Slide 1: 2021 AGM – Chair's and Managing Director's Addresses & Presentation
ASX Announcement G8 Education Limited (ASX:GEM) 19 May 2021 Market Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam 2021 AGM – CHAIR’S AND MANAGING DIRECTOR’S ADDRESSES & PRESENTATION Attached are the following documents to be presented at G8 Education Limited’s 2021
Slide 2: Chair's Address
ASX Announcement G8 Education Limited (ASX:GEM) 2021 AGM – CHAIR’S ADDRESS Mark Johnson Fellow shareholders, I would like to formally welcome you to the 2021 Annual General Meeting for G8 Education Limited and thank you for attending. I will take this opportunity to provide an overview of the Group’
Slide 3: Chair's Address (continued)
ASX Announcement G8 Education Limited (ASX:GEM) On behalf of the Board, I would like to sincerely thank every member of the G8 Education team for their tireless efforts in supporting our children, families and communities through this period. The financial performance of the Group in 2020 was signif
Slide 4: Chair's Address: Board update
ASX Announcement G8 Education Limited (ASX:GEM) Finally, I wanted to provide an update on G8’s Board. Having been a Director of G8 for almost 10 years, Susan Forrester will be retiring from the Board at the conclusion of this AGM, in accordance with G8’s Board succession plan. On behalf of the Board
Slide 5: Managing Director's Address: trading update
ASX Announcement G8 Education Limited (ASX:GEM) The 255 metro centres are c. 7%pts below 2019-year levels driven by recovery from prolonged lock down activity in Victoria and increased supply in WA. These centres will be the focus of the 2021 and 2022 improvement program. The Group has limited expos
Slide 6: Managing Director's Address: Improvement Program
ASX Announcement G8 Education Limited (ASX:GEM) Firstly, to our Improvement Program. The constraints on capital and operating expenditures that were in place for much of 2020 delayed some of the planned strategic initiatives, such as the refurbishments of our centre network. Pleasingly, excellent pr
Slide 7: Managing Director's Address: outlook and teacher pay decision
ASX Announcement G8 Education Limited (ASX:GEM) The second announcement relates to early childhood teachers (ECTs) employed under the Educational Services (Teachers) Modern Award and a decision handed down by the Fair Work Commission. As a result of the review, a new pay structure will deliver pay r
Slide 8: Annual General Meeting
ANNUAL GENERAL MEETING G8 Education Limited (ASX:GEM) | 19 May 2021
Slide 9: Disclaimer
DISCLAIMER The material in this presentation has been prepared by G8 Education Limited (G8) and is general background information about G8’s activities current as at the date of this presentation. The presentation does not purport to be complete and should be read in conjunction with G8’s other peri
Slide 10: G8 Education Board of Directors
G8 EDUCATION BOARD OF DIRECTORS Mark Johnson Gary Carroll Julie Cogin Chair & Non-Executive Director CEO & Managing Director Non-Executive Director Susan Forrester David Foster Peter Trimble Margaret Zabel Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director 3
Slide 11: Chair's Address
CHAIR’S ADDRESS ( S ) G8 Education"
Slide 12: Managing Director's Address
MANAGING DIRECTOR’S ADDRESS
Slide 13: Procedural Matters
PROCEDURAL MATTERS
Slide 14: How to Ask Questions
HOW TO ASK QUESTIONS 1. Click “Ask a Question” 2. Select the item of business from the drop-down menu and type your question in the space provided 3. Once you have typed your question, click “Submit Question”
Slide 15: How to Vote
HOW TO VOTE 1. Click “Get a Voting Card” 2. Enter your Shareholder Number (SRN/HIN) or Proxy Number and click “Submit Details and Vote” 3. Fill out your voting card for each item of business 4. Click “Submit Vote” or “Submit Partial Vote”
Slide 16: Business of Meeting
BUSINESS OF MEETING
Slide 17: Item 1 – Annual Reports
ITEM 1 – ANNUAL REPORTS To receive and consider the Company’s Annual Financial Report, Directors’ Report and Auditors’ Report for the financial year ended 31 December 2020. There is no vote on this item.
Slide 18: Resolution 1 – Remuneration Report
RESOLUTION 1 – REMUNERATION REPORT To consider and, if thought fit, pass the following resolution as a non-binding ordinary resolution in accordance with section 250R(2) of the Corporations Act 2001 (Cth) (Corporations Act): ‘That the Remuneration Report for the year ended 31 December 2020 be adopte
Slide 19: Resolution 1 – Remuneration Report: Votes
RESOLUTION 1 – REMUNERATION REPORT 493,007,464 Votes For 87.60% 68,528,377 Votes Against 12.18% Open Proxies held by the Chair 708,768 (to be voted at Chair’s Discretion) 0.13% Open Proxies held by other Proxy-holders 576,406 (to be voted at that Proxy-holder’s discretion) 0.10% 2,893,131 Votes Abst
Slide 20: Resolution 2 – Re-election of a Director Margaret Zabel
RESOLUTION 2 – RE-ELECTION OF A DIRECTOR MARGARET ZABEL To consider and, if thought fit, to pass the following resolution as an ordinary resolution: ‘That Ms Margaret Zabel who, having been re-elected on 20 April 2018 as a Director in accordance with the Company’s constitution, retires as a Director
Slide 21: Resolution 2 – Re-election of Margaret Zabel: Votes
RESOLUTION 2 – RE-ELECTION OF A DIRECTOR MARGARET ZABEL 557,849,236 Votes For 99.08% 3,758,271 Votes Against 0.67% Open Proxies held by the Chair 854,448 (to be voted at Chair’s Discretion) 0.15% Open Proxies held by other Proxy-holders 580,636 (to be voted at that Proxy-holder’s discretion) 0.10% V
Slide 22: Resolution 3 – Issue of Performance Rights to CEO and Managing Director
RESOLUTION 3 – ISSUE OF PERFORMANCE RIGHTS TO CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That approval be given: • for the purposes of Listing Rule 10.14 and for all other purposes, to the grant of 583,4
Slide 23: Resolution 3 – Performance Rights: Votes
RESOLUTION 3 – ISSUE OF PERFORMANCE RIGHTS TO CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR 557,639,161 Votes For 98.96% 4,567,932 Votes Against 0.81% Open Proxies held by the Chair 719,210 (to be voted at Chair’s Discretion) 0.13% Open Proxies held by other Proxy-holders 580,636 (to be voted at tha
Slide 24: Resolution 4 – Amendment of the Company's Constitution
RESOLUTION 4 – AMENDMENT OF THE COMPANY’S CONSTITUTION To consider and, if thought fit, to pass the following resolution as a special resolution: “That, with effect from the conclusion of the Company’s 2021 Annual General Meeting, the constitution of the Company is amended in the manner described in
Slide 25: Resolution 4 – Amendment of Constitution: Votes
RESOLUTION 4 – AMENDMENT OF THE COMPANY’S CONSTITUTION 506,114,590 Votes For 89.95% 55,138,362 Votes Against 9.80% Open Proxies held by the Chair 843,785 (to be voted at Chair’s Discretion) 0.15% Open Proxies held by other Proxy-holders 580,636 (to be voted at that Proxy-holder’s discretion) 0.10% V
Slide 26: How to Vote
HOW TO VOTE 1. Click “Get a Voting Card” 2. Enter your Shareholder Number (SRN/HIN) or Proxy Number and click “Submit Details and Vote” 3. Fill out your voting card for each item of business 4. Click “Submit Vote” or “Submit Partial Vote”
Slide 27: Annual General Meeting
ANNUAL GENERAL MEETING G8 Education Limited (ASX:GEM) | 19 May 2021