Aub Group Limited · ASX:AUB
Aub — Shareholder Meeting (November 2021)
16 slides from Aub's shareholder meeting presentation, Nov 10, 2021
Slide 1: Annual General Meeting Presentation (ASX release cover letter)
10 November 2021 For personal use only The Manager Market Announcements Office Australian Securities Exchange Ltd Level 6, Exchange Centre 20 Bridge Street Sydney NSW 2000 FOR RELEASE TO THE MARKET Annual General Meeting Presentation Please find attached for immediate release in relation to AUB Grou
Slide 2: AUB Group Limited Annual General Meeting
For personal use only AUB Group Limited Annual General Meeting 10 November 2021
Slide 3: Chair's Address
For personal use only Chair’s Address David Clarke Chairman
Slide 4: Directors
Directors For personal use only David Clarke Mike Emmett Robin Low Non-Executive Chair, Chair of the Nominations Committee CEO & Managing Director Non-Executive Director, Chair of the Audit & Risk Committee 40 years’ experience in investment Previously held senior roles in Australia as Former
Slide 5: CEO's Address
For personal use only CEO’s Address Mike Emmett CEO and Managing Director
Slide 6: FY20 & FY21 Performance: Including SaaS Impact
FY20 & 21 PERFORMANCE: INCLUDING SaaS IMPACT UNPAT adjusted for the Accounting Policy change for Software as a Service (SaaS) configuration costs For personal use only FY20 to FY21 Underlying NPAT1,6 Breakdown ($mns) Premium Retention7,8 (%) 93 22.9% 92 1.4 67.1 0.1 90 (2.6%) 1.8 65.3 5.8 0.2% (3.4%
Slide 7: FY21 Divisional Performance
FY21 DIVISIONAL PERFORMANCE Excellent results in Australian Broking with a 360bps improvement in margins as benefits of strategic initiatives flow through For personal use only AUSTRALIAN AUSTRALIAN CONTINUING HEALTH AND OPERATING Vs. FY20 BIZCOVER2,3 NEW ZEALAND REHABILITATION comparative period BR
Slide 8: Strategic Priorities Update
STRATEGIC PRIORITIES UPDATE Significant driver for the acceleration of underlying revenue, margin, and profit growth For personal use only FY19 – Total Partner Business Count ~105 Consolidate Portfolio Realignment Specialty Disposals / Exits Entity Merge portfolios and Strategically ‘re-home’ Segmen
Slide 9: Strategically Aligned Acquisitions
STRATEGICALLY ALIGNED ACQUISITIONS Accretive acquisitions are accelerating strategy For personal use only August 2020 November 2020 April 2021 - Leading broker with scale in - Specialist accident - Led by 360 as a signal for specialist focus of life and management, assessment & growth and expansion
Slide 10: Technology Initiatives
TECHNOLOGY INITIATIVES The AUB technology landscape has rapidly transformed, delivering cost-effective solutions for clients and network partners For personal use only Uplift process and Initiative Improve sales effectiveness Enhance user experience operational efficiency (clients, brokers) CBS+ - S
Slide 11: Defining Our Strategic Priorities
DEFINING OUR STRATEGIC PRIORITIES Grow networks of pre-eminent brokerages to maximise our share of income arising from the Risk Premiums placed through these networks in target geographies For personal use only Our overarching market focus… Prioritising investment to deliver on growth ambitions… Lea
Slide 12: FY22 Strategic Priorities
FY22 STRATEGIC PRIORITIES Continue the momentum For personal use only FY22 Priority Overview Capitalise on FY21 momentum in Agencies by increasing focus on expanded binder capacity, REINVIGORATE INSURANCE 1 enhanced offering proposition, increased penetration into the Austbrokers network and AGENCIE
Slide 13: FY22 Outlook
FY22 OUTLOOK Underlying NPAT for FY22 in the range of $70.0mn - $73.0mn, representing growth of 15.7% - 20.7% over FY21 continuing operations For personal use only FY22 Underlying NPAT1,3 growth on PY $mns FY22 Underlying EPS growth on PY 7.2% - 11.8% (cents per share) 7.2% – 11.8% 15.7% - 20.7% 94.
Slide 14: Questions?
For personal use only Questions?
Slide 15: Thank You
For personal use only Thank You David Clarke Chairman Mike Emmett CEO and Managing Director
Slide 16: Notice
NOTICE For personal use only SUMMARY INFORMATION This document has been prepared by AUB Group Limited (ABN 60 000 000 715) (AUB). It is a presentation of general background information about AUB’s activities current at the date of the presentation. It is information in a summary form and does not pu