Ampol Limited · ASX:ALD
Ampol — Shareholder Meeting (May 2025)
46 slides from Ampol's shareholder meeting presentation, May 15, 2025
Slide 1: 2025 Annual General Meeting Addresses and Presentation
AMPOL LIMITED ACN 004 201 307 29-33 BOURKE ROAD ALEXANDRIA NSW 2015 For personal use only ASX Release 2025 Annual General Meeting Addresses and Presentation Thursday 15 May 2025 (Sydney) Authorised for release by: the Disclosure Officers of Ampol Limited INVESTOR CONTACT Fran van Reyk MEDIA CONTACT
Slide 2: Chairman's address: welcome and meeting procedures
AMPOL LIMITED ANNUAL GENERAL MEETING 2025 Good morning and welcome to the 2025 Annual General Meeting of Ampol Limited. My name is Steven Gregg and it’s an honour to be your Chairman. As a result of the proxies I hold as Chairman, we have a quorum present, so I declare this meeting open. I’d like to
Slide 3: Chairman's address: voting procedures and introductions
AMPOL LIMITED ANNUAL GENERAL MEETING 2025 For those shareholders participating in the meeting via the online platform, you can cast your direct vote using the electronic voting card that you received when you validated the registration. If you have any questions about casting your vote online, pleas
Slide 4: Chairman's address: board changes and elections
AMPOL LIMITED ANNUAL GENERAL MEETING 2025 development of the organisation and the Board since 2015. She has been a valued Chair of the Safety & Sustainability Committee, and member of the Audit Committee and Nomination Committee. We thank Penny for her service and wish her all the best for the futur
Slide 5: Chairman's address: safety and financial performance
AMPOL LIMITED ANNUAL GENERAL MEETING 2025 initiatives that have supported this good performance are significant investment in contractor safety training and our Security Risk Framework program across Ampol sites. On the process safety front, 2024 was a challenging year, with two Tier 1 process safet
Slide 6: Chairman's address: strategy and retail growth
AMPOL LIMITED ANNUAL GENERAL MEETING 2025 We, the Board, have confidence that our strategy will help Ampol to realise the embedded value of the business. We also have confidence in the executive team’s proven ability to execute. In 2024, growth in Convenience Retail and good performance from Z Energ
Slide 7: Chairman's address: enablers and purpose
AMPOL LIMITED ANNUAL GENERAL MEETING 2025 None of these strategic focus areas are possible to execute without leveraging the key strategic enablers that underpin them. As such, we are strengthening our in-house capabilities across technology, digital and data because we see value in investing in the
Slide 8: CEO address: 2024 operational performance
AMPOL LIMITED ANNUAL GENERAL MEETING 2025 On safety, 2024 saw some of our best personal safety statistics, and it is critical that we continue to prioritise the safety of our people. In terms of operational performance, 2024 was a mixed year, as our teams navigated planned and unplanned outages at t
Slide 9: CEO address: Z Energy and strategic priorities
AMPOL LIMITED ANNUAL GENERAL MEETING 2025 In New Zealand, in addition to U-GO, Z has focused on delivering its convenience retail growth targets by refreshing the premium Z branded network where it is seeing earnings growth of around NZ$100,000 per site. During 2024, there were a total of 58 refresh
Slide 10: CEO address: biorefinery and 2025 priorities
AMPOL LIMITED ANNUAL GENERAL MEETING 2025 We have also progressed to the pre-FEED study phase for a potential biorefinery at Lytton as part of our MOU with IFM Investors and GrainCorp. As is the case in other countries, the establishment of a renewable fuels industry in Australia requires effective
Slide 11: Closing remarks
AMPOL LIMITED ANNUAL GENERAL MEETING 2025 In closing, we remain focused on delivering safely, reliably, and efficiently for our customers and local communities. I would like to thank our employees, who have demonstrated their ongoing commitment to the business and resilience in the face of challenge
Slide 12: 2025 Annual General Meeting
For personal use only AMPOL LIMITED 2025 ANNUAL GENERAL MEETING
Slide 13: How to ask questions via MUFG online platform
How to ask questions via MUFG online platform For personal use only Only shareholders and proxyholders 1 2a 2b are able to ask Click “Ask a Question” How to ask a question How to ask an audio question if you have a question questions or make or comment Type in your question Type in your name and Whe
Slide 14: Voting online: Lodging your votes
Voting online: Lodging your votes For personal use only 1 2 3 Click “Get a Voting Card” Click “Submit Details and Vote” Click “Submit Vote” (top and bottom of platform) Fill out your voting card Help Number 1800 990 363 Enter your Shareholder Number or for each item of business Proxy Number and Post
Slide 15: Admission Cards
Admission Cards For personal use only YELLOW BLUE RED Ask Admission Card Admission Card Admission Card Questions If you have a YELLOW voting card, you If you have a BLUE card, you are a If you have a RED card, you are a If anyone with a YELLOW or BLUE are a voting shareholder, proxyholder non-voting
Slide 16: Board of Directors and Company Secretaries
Board of Directors and Company Secretaries For personal use only Steven Gregg Matthew Halliday Simon Allen Melinda Conrad Elizabeth (Betsy) Donaghey Michael Ihlein Chairman Managing Director & CEO Non-executive Director Non-executive Director Non-executive Director Non-executive Director Helen Nash
Slide 17: Ampol Leadership Team
Ampol Leadership Team For personal use only Matt Halliday Michele Bardy Greg Barnes Brad Blyth Meaghan Davis Managing Director & CEO Executive General Manager, Group Chief Financial Officer Executive General Manager, Executive General Manager, Infrastructure Technology, Digital & Data People & Cultu
Slide 18: Chairman's Address
Chairman’s Address For personal use only Ampol Limited | 2025 Annual General Meeting 7
Slide 19: Safety Performance
Safety Performance GROUP PERSONAL SAFETY 7.4 We place the For personal use only highest priority on the safety 3.6 3.4 3.2 of our workforce, 3.1 3.0 customers and 1.8 1.5 1.6 1.0 the communities in which we operate. 2020 2021 2022 2023 2024 Group Total Recordable Injury Frequency Rate1 Group Days Aw
Slide 20: 2024 Financial performance
2024 Financial performance For personal use only Group RCOP1 EBITDA Group RCOP NPAT Dividends paid to shareholders $ 1.2b $ 235m $ 572m fully franked Group RCOP EBIT Total sales volume Total 2024 dividend $ 715m 27. 3 BL 65cps fully franked 1. Replacement Cost Operating Profit is an unaudited non-IF
Slide 21: Our strategy guides our way forward
Our strategy guides our way forward For personal use only Enhance Expand Evolve the core business the rejuvenated platform the energy offer for our customers Ampol Limited | 2025 Annual General Meeting 10
Slide 22: Managing Director & CEO's Address
Managing Director & CEO’s Address For personal use only Ampol Limited | 2025 Annual General Meeting 11
Slide 23: Operational context
Operational context For personal use only • Investing in asset reliability at the Lytton refinery. • F&I International saw limited value creating opportunities. • Continued growth in earnings from Convenience Retail; 6% CAGR since 2020. • Retail segmentation strategy supporting growth. • Z Energy ac
Slide 24: Progressing our strategic priorities
Progressing our strategic priorities For personal use only • Simplification of Energy Solutions businesses. • Exit from retail electricity at an exit run rate of $30 million per annum from 2026. • Focus on new mobility solutions, specifically EV charging and renewable fuels. • Productivity program t
Slide 25: First quarter and current trading update
First quarter and current trading update For personal use only Ampol Limited | 2025 Annual General Meeting 14
Slide 26: General Questions
General Questions For personal use only Ampol Limited | 2025 Annual General Meeting 15
Slide 27: Items of business
Items of business 1. Receipt of Financial Reports For personal use only 2. Adoption of Remuneration Report 3. (a) Re-election of Steven Gregg as a Director (b) Re-election of Elizabeth Donaghey as a Director (c) Election of Helen Nash as a Director (d) Election of Stephen Pearce as a Director (e) El
Slide 28: 2. Adoption of Remuneration Report
2. Adoption of Remuneration Report For personal use only Ampol Limited | 2025 Annual General Meeting 17
Slide 29: 2. Adoption of Remuneration Report: proxy votes
2. Adoption of Remuneration Report For personal use only Proxy votes For 167,948,301 97.71% Against 3,585,591 2.09% Open 350,734 0.2% Abstain 173,585 Ampol Limited | 2025 Annual General Meeting 18
Slide 30: 3a. Re-election of Steven Gregg as a Director
3a. Re-election of Steven Gregg as a Director For personal use only Ampol Limited | 2025 Annual General Meeting 19
Slide 31: 3a. Re-election of Steven Gregg: proxy votes
3a. Re-election of Steven Gregg as a Director For personal use only Proxy votes For 168,725,472 98.08% Against 2,952,921 1.72% Open 351,326 0.2% Abstain 37,877 Ampol Limited | 2025 Annual General Meeting 20
Slide 32: 3b. Re-election of Elizabeth Donaghey as a Director
3b. Re-election of Elizabeth Donaghey as a Director For personal use only Ampol Limited | 2025 Annual General Meeting 21
Slide 33: 3b. Re-election of Elizabeth Donaghey: proxy votes
3b. Re-election of Elizabeth Donaghey as a Director For personal use only Proxy votes For 171,051,886 99.42% Against 646,973 0.38% Open 347,926 0.2% Abstain 21,397 Ampol Limited | 2025 Annual General Meeting 22
Slide 34: 3c. Election of Helen Nash as a Director
3c. Election of Helen Nash as a Director For personal use only Ampol Limited | 2025 Annual General Meeting 23
Slide 35: 3c. Election of Helen Nash: proxy votes
3c. Election of Helen Nash as a Director For personal use only Proxy votes For 171,408,872 99.63% Against 286,152 0.17% Open 350,956 0.2% Abstain 20,244 Ampol Limited | 2025 Annual General Meeting 24
Slide 36: 3d. Election of Stephen Pearce as a Director
3d. Election of Stephen Pearce as a Director For personal use only Ampol Limited | 2025 Annual General Meeting 25
Slide 37: 3d. Election of Stephen Pearce: proxy votes
3d. Election of Stephen Pearce as a Director For personal use only Proxy votes For 171,447,650 99.65% Against 241,923 0.14% Open 353,826 0.21% Abstain 22,514 Ampol Limited | 2025 Annual General Meeting 26
Slide 38: 3e. Election of Guy Templeton as a Director
3e. Election of Guy Templeton as a Director For personal use only Ampol Limited | 2025 Annual General Meeting 27
Slide 39: 3e. Election of Guy Templeton: proxy votes
3e. Election of Guy Templeton as a Director For personal use only Proxy votes For 170,190,676 99.66% Against 233,088 0.14% Open 350,726 0.21% Abstain 22,894 Ampol Limited | 2025 Annual General Meeting 28
Slide 40: 4. Grant of 2025 Performance Rights to the Managing Director & CEO
4. Grant of 2025 Performance Rights to the Managing Director & Chief Executive Officer For personal use only Ampol Limited | 2025 Annual General Meeting 29
Slide 41: 4. Grant of 2025 Performance Rights: proxy votes
4. Grant of 2025 Performance Rights to the Managing Director & Chief Executive Officer For personal use only Proxy votes For 170,441,567 99.12% Against 1,163,415 0.68% Open 346,150 0.2% Abstain 127,837 Ampol Limited | 2025 Annual General Meeting 30
Slide 42: 5. Reinsertion of Proportional Takeover Provisions
5. Reinsertion of Proportional Takeover Provisions For personal use only Ampol Limited | 2025 Annual General Meeting 31
Slide 43: 5. Proportional Takeover Provisions: proxy votes
5. Reinsertion of Proportional Takeover Provisions For personal use only Proxy votes For 171,408,185 99.65% Against 240,857 0.14% Open 353,853 0.21% Abstain 39,202 Ampol Limited | 2025 Annual General Meeting 32
Slide 44: 6. Refresh the Company's 15% Placement Capacity
6. Refresh the Company’s 15% Placement Capacity under the ASX Listing Rules For personal use only Ampol Limited | 2025 Annual General Meeting 33
Slide 45: 6. Placement Capacity refresh: proxy votes
6. Refresh the Company’s 15% Placement Capacity under the ASX Listing Rules For personal use only Proxy votes For 168,708,938 98.09% Against 2,917,821 1.7% Open 359,273 0.21% Abstain 53,639 Ampol Limited | 2025 Annual General Meeting 34
Slide 46: 2025 Annual General Meeting
For personal use only AMPOL LIMITED 2025 ANNUAL GENERAL MEETING