Aj Lucas Group Limited · ASX:AJL
Aj Lucas — Shareholder Meeting (November 2022)
15 slides from Aj Lucas's shareholder meeting presentation, Nov 10, 2022
Slide 1: AGM Presentation Financial Year 2022
LUCAS 2 +. AGM PRESENTATION “4 FINANCIAL YEAR 2022
Slide 2: Disclaimer
Disclaimer For personal use only This AGM presentation has been prepared by AJ Lucas Group Limited (“the Company”). Information in this AGM presentation is of a general nature only and should be read in conjunction with the Company’s other periodic and continuous disclosure announcements to the ASX,
Slide 3: Introductions
Introductions For personal use only Andrew Purcell Brett Tredinnick Independent Director and Chairman Group CEO and Executive Director Austen Perrin Francis Egan Non-executive Director Executive Director, UK CEO • Chairman of the Audit and Risk Committee Julian Ball Non-executive Director • Chairman
Slide 4: Agenda
AGENDA For personal use only Chairman's Address Group CEO Address – Brett Tredinnick Q&A Formal Business Agenda: 1.Receive and Consider financial statements and reports 2.Resolution 1: Remuneration Report 3.Resolution 2: Director re-election 4.Resolution 3: Amendments to Constitution 5.Resolution 4:
Slide 5: Chairman's Address – Andrew Purcell
Chairman’s Address – Andrew Purcell For personal use only “Due to the war in Ukraine and gas Supply and Demand for Natural Gas 2 shortages in Europe, there is a significant risk that gas shortages could occur during the winter 2022-23 in Great Britain,” said Britain’s energy regulator Ofgem. UK Natu
Slide 6: CEO Address - Brett Tredinnick
CEO Address - BRETT TREDINNICK For personal use only • Welcome • 2 Business Units • Safety focus • 2022 review • FY 23 trading • UK operations and corporate • Outlook 6
Slide 7: CEO Address - Brett Tredinnick
CEO Address - BRETT TREDINNICK For personal use only 1st Qtr FY23 FY22 FY21 Cash flows highlights $'m $'m $'m Cash flows • FY21 Cash from operating activities included a one-off Cash from operations (3.2) 20.2 21.5 research and development incentive UK research and development incentive 0.0 4.3 • FY
Slide 8: Questions
For personal use only QUESTIONS AGM 2022
Slide 9: Receive and consider Directors and Financial reports
FORMAL BUSINESS For personal use only Receive and consider Item 1 Directors and Financial reports There is no vote on this item 9
Slide 10: Item 1: Adoption of Remuneration Report
FORMAL BUSINESS For personal use only Resolution 1: Item 2 Adoption of Remuneration Report PROXY VOTE TOTALS Vote Type No. Voted % Voted % of all securities For 822,259,240 98.96 59.77 Against 8,289,350 1.00 0.60 Open 345,081 0.04 0.03 Abstain / 42,652,167 n/a 3.10 excluded 10
Slide 11: Item 2: Re-election of Austen Perrin
FORMAL BUSINESS For personal use only Resolution 2: Item 3 Re-election of Austen Perrin PROXY VOTE TOTALS Vote Type No. Voted % Voted % of all securities For 824,657,753 94.45 59.94 Against 48,103,978 5.51 3.5 Open 345,081 0.04 0.03 Abstain / 439,026 n/a 0.03 excluded 11
Slide 12: Item 3: Amendments to Constitution of Company
FORMAL BUSINESS For personal use only Resolution 3: Item 4 Amendments to Constitution of Company Note: This is a special resolution and requires 75% of the vote to pass PROXY VOTE TOTALS Vote Type No. Voted % Voted % of all securities For 866,781,105 99.28 63.01 Against 5,680,734 0.65 0.41 Open 594,
Slide 13: Item 4: Renewal of proportionate takeover bid provisions
FORMAL BUSINESS For personal use only Resolution 4: Item 5 Renewal of proportionate takeover bid provisions Note: This is a special resolution and requires 75% of the vote to pass PROXY VOTE TOTALS Vote Type No. Voted % Voted % of all securities For 871,055,929 99.76 63.32 Against 1,095,591 0.13 0.0
Slide 14: Item 5: Ratification of prior issue of Placement Shares
FORMAL BUSINESS For personal use only Resolution 5: Item 6 Ratification of prior issue of Placement Shares PROXY VOTE TOTALS Vote Type No. Voted % Voted % of all securities For 861,331,689 99.75 62.61 Against 1,789,771 0.21 0.13 Open 345,081 0.04 0.03 Abstain / 10,079,297 n/a 0.73 excluded 14
Slide 15: Item 6: Approval of additional issuance capacity
FORMAL BUSINESS For personal use only Resolution 6: Item 7 Approval of additional issuance capacity Note: This is a special resolution and requires 75% of the vote to pass PROXY VOTE TOTALS Vote Type No. Voted % Voted % of all securities For 871,429,259 99.82 63.34 Against 1,223,841 0.14 0.09 Open 3