Arborgen Holdings Limited · NZX:ARB
Arborgen — Shareholder Meeting (August 2020)
16 slides from Arborgen's shareholder meeting presentation, Aug 26, 2020
Slide 1: Annual Shareholders' Meeting - 2020
ArborGen Holdings Limited | ASM Presentation 2020 Annual Shareholders’ Meeting - 2020 There are statements in this Report that are ‘forward looking statements.’ As these forward- looking statements are predictive in nature, they are subject to a number of risks and uncertainties relating to the Grou
Slide 2: Welcome
ArborGen Holdings Limited | ASM Presentation 2020 Dave Knott Welcome Chairman Dave Knott Chairman Dave Knott Welcome Chairman Virtual Meeting Guide Meeting Entry Computershare Helpline +64 9 4 888 777 Question icon 26 August 2020 Page 2
Slide 3: Board and Management Programme
ArborGen Holdings Limited | ASM Presentation 2020 Dave Knott Board and Chairman Management Andrew Baum Ranjan Tandon Thomas Avery Ozey Horton Paul Smart George Adams Dave Knott Programme Chairman CEO’s Review Chairman’s Comments Shareholder Questions Resolutions 26 August 2020 Page 3
Slide 4: CEO Review: Covid-19
ArborGen Holdings Limited | ASM Presentation 2020 Andrew Baum CEO Review CEO Andrew Baum CEO Andrew Baum Covid-19 CEO + Effectively dealing with the impact of Covid-19 across all business units: – Implemented social distancing and other protocols to protect our people – Furloughed high risk employee
Slide 5: March 2020 YE Results
ArborGen Holdings Limited | ASM Presentation 2020 Andrew Baum March 2020 CEO YE Results + Last year was particularly challenging due to a combination of factors and events from prior periods + Despite these challenges the Group reported: – A 16% increase in revenue to $56.9m, up from $49.1m in the p
Slide 6: Abnormal Items and Global Revenue
ArborGen Holdings Limited | ASM Presentation 2020 Andrew Baum Abnormal CEO Items + Additional abnormal items included … continued + $0.4m of yield losses relating to 2021 varietals + $0.2m being the final ArborGen acquisition related costs All figures in US$ Andrew Baum Global CEO Revenue + We repor
Slide 7: United States of America and New Zealand
ArborGen Holdings Limited | ASM Presentation 2020 Andrew Baum United States CEO of America + US sales up 19% from the prior period driven by: – Integration of the TexMark Timber Treasury (TTT) nursery in Texas – Increased sales from the Taylor nursery in South Carolina, adding to our production capa
Slide 8: Brazil
ArborGen Holdings Limited | ASM Presentation 2020 Andrew Baum Brazil CEO + Sales increased 30% over the prior year – Brazilian reforestation rates increased; and – Value of our proprietary products become increasingly clear + Products licensed from Gerdau are showing exceptional promise + Sales bols
Slide 9: Advanced Genetics Pipeline
ArborGen Holdings Limited | ASM Presentation 2020 Andrew Baum Advanced CEO Genetics + MCP seed production to grow exponentially as our younger and more advanced seed orchards approach optimum yield Pipeline years – A direct result of investments made 5-10 years ago to expand seed orchards with the b
Slide 10: Advanced Genetics Pipeline … continued
ArborGen Holdings Limited | ASM Presentation 2020 Andrew Baum Advanced CEO Genetics + Expecting a step change increase in MCP seed harvest levels next month which will be available for seedling Pipeline … continued production in the 2021-2022 season + In March we set a record for MCP pollination act
Slide 11: Advanced Genetics Pipeline … continued
ArborGen Holdings Limited | ASM Presentation 2020 Andrew Baum Advanced CEO Genetics + We continue to see validation from field performance data of our top MCP and Varietal products pushing the Pipeline … continued boundaries in loblolly improvement + ArborGen is the only global developer and supplie
Slide 12: Key Objectives
ArborGen Holdings Limited | ASM Presentation 2020 Dave Knott Chairman Dave Knott Chairman Dave Knott Key Objectives Chairman + Our primary focus is improving cash generation, especially important with Covid-19 + The most critical driver of earnings and cash flow growth is growth in MCP sales + We ha
Slide 13: Seed Harvest Life Cycle and Looking Ahead
ArborGen Holdings Limited | ASM Presentation 2020 Dave Knott Seed Harvest Chairman Life Cycle + Last year’s MCP seed supply from our orchards was adversely affected by abnormal weather events and unusual biological factors that occurred in calendar years 2017 and 2018 + The life cycle: – Pollination
Slide 14: Immediate Cash Flow Initiatives
ArborGen Holdings Limited | ASM Presentation 2020 Dave Knott Immediate Chairman Cash Flow + We continue to focus on: Initiatives – Reducing discretionary costs and capital expenditure – Leveraging available Covid-19 government funding programmes – Streamlining R&D spend – Optimising our assets to im
Slide 15: Conclusion and Questions
ArborGen Holdings Limited | ASM Presentation 2020 Dave Knott Conclusion Chairman + We continue to believe the foundation is firmly in place to offer significant value to shareholders + The best way to achieve this is via share price performance driven by earnings and cash generation + Our share pric
Slide 16: Resolutions
ArborGen Holdings Limited | ASM Presentation 2020 Dave Knott Resolutions Chairman Voting icon Resolution 1 To re-elect Ranjan Tandon as a Director Resolution 2 To re-elect Paul Smart as a Director Resolution 3 To authorise the Directors to fix Deloitte’s fees and expenses as the Company’s Auditor fo
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