Arena Reit · ASX:ARF
Arena Reit — Shareholder Meeting (November 2024)
22 slides from Arena Reit's shareholder meeting presentation, Nov 22, 2024
Slide 1: Arena REIT Annual General Meeting
For personal use only Arena REIT ANNUAL GENERAL MEETING 22 November 2024 Better Communities. Together. r Title
Slide 2: Agenda
Agenda Arena REIT acknowledges the traditional custodians of the lands on which our business and assets For personal use only operate, and recognises their ongoing connection to land, waters and community. 03 Chair’s Address 07 Managing Director’s Report 11 Questions 12 Formal Business 21 Meeting Cl
Slide 3: Chair's Address
For personal use only Chair’s Address David Ross Better Communities. Together. r Title
Slide 4: Highlights for Full Year 2024
Highlights for Full Year 2024 Delivering on our stated investment objectives For personal use only • Growth in net operating profit driven by contracted rental Statutory net profit Net operating profit increases, acquisitions and development completions. • NAV per security stable, as an increase in
Slide 5: Delivering on Investment Objective
Delivering on Investment Objective For personal use only Earnings and distributions per security (cents) To generate attractive and predictable 17.65 18.25 17.4 distributions to investors with earnings 16.8 17.1 16.0 16.3 growth prospects over the medium to 14.6 14.8 15.2 14.0 long term. 13.1 13.513
Slide 6: Managing Director's Report
For personal use only Managing Director’s Report Rob de Vos Better Communities. Together. r Title
Slide 7: Delivering on Strategy during FY2024
Delivering on Strategy during FY2024 Disciplined capital, investment and lease management supporting earnings growth For personal use only Portfolio management Working in partnership • Long term WALE (by income) of 18.5 • Continue to progress solar renewable years energy program; currently installed
Slide 8: Portfolio Overview
Portfolio Overview For personal use only Number of 30 June 2024 Net valuation movement versus 30 30 June 2024 Change versus assets1 valuation June 2023 passing yield 30 June 2023 $m $m % % bps Early learning portfolio 267 1,444 7.3 +0.5 5.36 +23 Healthcare portfolio 9 135 -3.5 -2.5 5.68 +31 Total po
Slide 9: Sustainability
Sustainability Investment proposition and approach drives For personal use only sustainable and commercial outcomes • Sustainability has been embedded across Arena’s business strategies which best positions us to achieve positive long term commercial and community outcomes. • Sustainability outcomes
Slide 10: Outlook
Investment objective Outlook To deliver an attractive and predictable distribution to investors with earnings Inflation protected predictable income growth prospects over the For personal use only medium to long term. INCOME GROWTH • Reaffirming FY2025 distribution guidance of 18.25 cents per securi
Slide 11: Questions
For personal use only Questions Better Communities. Together. r Title
Slide 12: Formal Business
For personal use only Formal Business Better Communities. Together. r Title
Slide 13: Ordinary Business: Financial Reports
Ordinary Business Financial Reports For personal use only To receive and consider the Financial Report, the Directors’ Report and the Auditor’s Report, each for the financial year ended 30 June 2024. Arena REIT 2024 AGM Better Communities. Together. 22 November 2024 | 13 13 r Title
Slide 14: Resolution 1: Remuneration Report
Ordinary Business Resolution 1: Non-binding advisory vote on the Remuneration Report For personal use only To consider and if thought fit, pass the following as an advisory resolution of the Company: ‘That the Remuneration Report for the financial year ended 30 June 2024 be adopted.’ Proxy Voting Re
Slide 15: Resolution 2: Election of Mr Adam Tindall
Other Business Resolution 2: Election of Mr Adam Tindall as a director of the Company For personal use only To consider and if thought fit, pass the following as an ordinary resolution of the Company: ‘That Mr Adam Tindall, who was appointed as a director by the Board with effect from 1 November 202
Slide 16: Resolution 3: Ratification of Placement
Other Business Resolution 3: Ratification of Placement For personal use only To consider and if thought fit, pass the following as an ordinary resolution of the Company and each of the Trusts: ‘That for the purpose of ASX Listing Rule 7.4 and for all other purposes, the previous issue of 31,746,032,
Slide 17: Resolution 4: Deferred STI Rights to Rob de Vos
Other Business Resolution 4: Grant of Deferred STI Rights to Mr Rob de Vos For personal use only To consider and if thought fit, pass the following as separate ordinary resolutions of the Company and each of the Trusts: ‘That for the purposes of ASX Listing Rule 10.14 and for all other purposes, the
Slide 18: Resolution 5: LTI Performance Rights to Rob de Vos
Other Business Resolution 5: Grant of LTI Performance Rights to Mr Rob de Vos For personal use only To consider and if thought fit, pass the following as separate ordinary resolutions of the Company and each of the Trusts: ‘That for the purposes of ASX Listing Rule 10.14 and for all other purposes,
Slide 19: Resolution 6: Deferred STI Rights to Gareth Winter
Other Business Resolution 6: Grant of Deferred STI Rights to Mr Gareth Winter For personal use only To consider and if thought fit, pass the following as separate ordinary resolutions of the Company and each of the Trusts: ‘That for the purposes of ASX Listing Rule 10.14 and for all other purposes,
Slide 20: Resolution 7: LTI Performance Rights to Gareth Winter
Other Business Resolution 7: Grant of LTI Performance Rights to Mr Gareth Winter For personal use only To consider and if thought fit, pass the following as separate ordinary resolutions of the Company and each of the Trusts: ‘That for the purposes of ASX Listing Rule 10.14 and for all other purpose
Slide 21: Meeting Close
For personal use only Meeting Close Better Communities. Together. r Title
Slide 22: Important Notice
Important Notice For personal use only This presentation has been prepared by Arena REIT (Arena) comprising Arena REIT Limited (ACN 602 365 186), Arena REIT Management Limited (ACN 600 069 761 AFSL No. 465754) as responsible entity of Arena REIT No.1 (ARSN 106 891 641) and Arena REIT No.2 (ARSN 101