Nine Entertainment Co. Holdings Limited · ASX:NEC
Nine Entertainment — Shareholder Meeting (November 2023)
23 slides from Nine Entertainment's shareholder meeting presentation, Nov 9, 2023
Slide 1: Nine Annual General Meeting 2023
Nine ERAL MEETING 2023 Qa e0ce0e ™ @00@ Z ecee ANNUAL
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer Forward looking statements can generally be identified by Nothing contained in this presentation nor any information This document is a presentation of general background the use of forward looking words such as, ‘expect’, made available to you is, or shall be relied
Slide 3: Peter Costello, Chairman
PETER COSTELLO CHAIRMAN Nine
Slide 4: Mike Sneesby, Chief Executive Officer
MIKE SNEESBY CHIEF EXECUTIVE OFFICER
Slide 5: Group Results
GROUP RESULT S GROUP GROUP GROUP FY REVENUE EBITDA MARGIN DIVIDEND $2.7B $591M 22% 11.0 CPS (-) (-16%) (-3.0 CPS) A$M FY23 FY22 VARIANCE REVENUE1 2,694.6 2,688.8 - GROUP EBITDA1 591.2 700.7 (16%) EBIT1 435.5 551.6 (21%) GROUP NPAT, PRE MINORITIES1 279.0 373.5 (25%) GROUP NPAT, AFTER MINORITIES1 262.
Slide 6: Premium content #1 in total television subscriber engagement
PREMIUM CONTENT #1 IN TOTAL TELEVISION SUBSCRIBER ENGAGEMENT ENABLES PRICE INCREASES STRONG POSITIONING AT STAN SOLID PERFORMANCE FROM STRONG BALANCE SHEET DOMAIN IN CHALLENGING MARKET 6
Slide 7: FY23 Group Divisional Results
F Y 2 3 G R O U P D I V I S I O N A L R E S U LT S Revenue1 contribution – FY23 A$M BROADCAST PUBLISHING STAN DOMAIN CORPORATE ASSOCIATES INTERSEGMENT TOTAL REVENUE 1,356.0 575.2 427.6 354.5 2.1 - (20.8) 2,694.6 PCP 1,371.9 593.5 381.2 356.7 4.9 - (19.4) 2,688.8 % CHG (1%) (3%) +12% +2% (56%) - - -
Slide 8: Unprecedented cross-platform Olympic & Paralympics strategy
UN PR E C E D E N TE D C RO S S - PL ATFO R M OLY MPI C & PAR ALY M PI C S TR ATE GY FTA 9Now Total Publishing Total Audio Stan/Stan Sport Every big moment, live Every sport, every Unprecedented Your favourite Every minute, every and free Aussie, every medal, editorial coverage and personalities ens
Slide 9: Using technology to extend Nine's content reach
US I N G TE C HN OLOGY T O E XTE N D N I N E ’ S C ON TE N T R E AC H 9
Slide 10: Trading Update – Q1 in line with previous guidance
T R A D I N G U P D AT E – Q 1 I N L I N E W I T H P R E V I O U S G U I D A N C E Total Television Total Audio Stan Total Publishing Domain CY23 to date, Nine leads the Nine’s Q1 Radio Strong content Digital subscription Residential revenue growth Metro FTA and BVOD ratings advertising revenue perf
Slide 11: Formal Business
FORMAL BUSINESS ANNUAL GENERAL MEETING 2023
Slide 12: Financial Report
FI N AN C I A L R E P O R T ITEM ONE FINANCIAL REPORT To receive and consider the Financial Report of the Company for the year ended 30 June 2023, together with the Directors’ Report and the Auditor’s Report as set out in the Annual Report. Note: There is no voting applicable to this item of busines
Slide 13: Adoption of the Remuneration Report
RESOLUTION ONE ADOPTION OF THE REMUNERATON REPORT To consider and, if thought fit, pass the Resolution as a non-binding resolution: “That the Remuneration Report for the year ended 30 June 2023 as set out in the Annual Report be adopted.” Note: The vote on this Resolution is advisory only and does n
Slide 14: Adoption of the Remuneration Report: Vote Count
RESOLUTION ONE ADOPTION OF THE REMUNERATON REPORT Proxy & Direct Vote Count Number Percentage For 1,219,604,306 98.50% Against 17,451,779 1.41% Open 1,115,830 0.09% Open Proxies held by Board 665,636 0.05% % defined as % of Total Valid Available Votes, total may not add due to rounding 14
Slide 15: Re-election of Mr. Peter Costello as a Director
RESOLUTION TWO RE-ELECTION OF MR. PETER COSTELLO AS A DIRECTOR To consider and, if thought fit, pass the Resolution as an ordinary resolution: “To re-elect Peter Costello who retires in accordance with clause 26.10 of the Constitution and offers himself for re-election, as a Director.” Note: The Boa
Slide 16: Re-election of Mr. Peter Costello: Vote Count
RESOLUTION TWO RE-ELECTION OF MR. PETER COSTELLO AS A DIRECTOR Proxy & Direct Vote Count Number Percentage For 1,211,634,506 97.82% Against 25,662,286 2.07% Open 1,282,839 0.10% Open Proxies held by Board 832,645 0.06% % defined as % of Total Valid Available Votes, total may not add due to rounding
Slide 17: Election of Ms. Mandy Pattinson as a Director
RESOLUTION THREE ELECTION OF MS. MANDY PATTINSON AS A DIRECTOR To consider and, if thought fit, pass the Resolution as an ordinary resolution: “To elect Mandy Pattinson, who was appointed a Director of the Company by the Board, and is required to seek election in accordance with clause 26.6 of the C
Slide 18: Election of Ms. Mandy Pattinson: Vote Count
RESOLUTION THREE ELECTION OF MS. MANDY PATTINSON AS A DIRECTOR Proxy & Direct Vote Count Number Percentage For 1,236,564,633 99.85% Against 543,344 0.04% Open 1,288,839 0.10% Open Proxies held by Board 838,645 0.07% % defined as % of Total Valid Available Votes, total may not add due to rounding 18
Slide 19: Grant 2024 Performance Rights to the CEO
RESOLUTION FOUR GRANT 2024 PERFORMANCE RIGHTS TO THE CEO To consider and, if thought fit, pass the Resolution as an ordinary resolution: “To approve for all purposes the grant of 930,059 performance rights to the Chief Executive Officer, Mr Mike Sneesby, as described in the Explanatory Statement.’”
Slide 20: Grant 2024 Performance Rights to the CEO: Vote Count
RESOLUTION FOUR GRANT 2024 PERFORMANCE RIGHTS TO THE CEO Proxy & Direct Vote Count Number Percentage For 1,221,454,994 98.65% Against 15,625,218 1.26% Open 1,062,835 0.09% Open Proxies held by Board 613,641 0.05% % defined as % of Total Valid Available Votes, total may not add due to rounding 20
Slide 21: Summary of Proxy & Direct Vote Positions
SUMMARY OF PROXY & DIRECT VOTE POSITIONS RESOLUTION 1. RESOLUTION 2. RESOLUTION 3. RESOLUTION 4. PROXY & DIRECT VOTE COUNT REMUNERATION REPORT PETER COSTELLO MANDY PATTINSON 2024 PERFORMANCE RIGHTS For 98.50% 97.82% 99.85% 98.65% Against 1.41% 2.07% 0.04% 1.26% Open 0.09% 0.10% 0.10% 0.09% Open Prox
Slide 22: Australia Belongs Here. Annual General Meeting 2023
22 We shape culture by sparking conversations, challenging perspectives, and entertaining communities. We bring people together by celebrating the big occasions and connecting the everyday moments. Australia Belongs Here. ANNUAL GENERAL MEETING 2023
Slide 23: Appendices
APPENDICES FY23 FULL YEAR RESULTS
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