James Hardie Industries Plc. · NYSE:JHX
James Hardie Industries — Shareholder Meeting (August 2016)
20 slides from James Hardie Industries's shareholder meeting presentation, Aug 11, 2016
Slide 1: Annual General Meeting 11 August 2016
For personal use only Annual General Meeting 11 August 2016
Slide 2: Disclaimer
DISCLAIMER For personal use only This Management Presentation contains forward-looking statements. James Hardie Industries plc (the “company”) may from time to time make forward-looking statements in its periodic reports filed with or furnished to the Securities and Exchange Commission, on Forms 20-
Slide 3: Disclaimer (continued)
DISCLAIMER (continued) For personal use only Words such as “believe,” “anticipate,” “plan,” “expect,” “intend,” “target,” “estimate,” “project,” “predict,” “forecast,” “guideline,” “aim,” “will,” “should,” “likely,” “continue,” “may,” “objective,” “outlook” and similar expressions are intended to id
Slide 4: Chairman's Address – Michael Hammes
For personal use only Annual General Meeting 11 August 2016 Chairman’s Address – Michael Hammes PAGE 4
Slide 5: Items of Business
For personal use only Annual General Meeting 11 August 2016 Items of Business* *Shareholders should refer to the 2016 Notice of Annual General Meeting for the full text and background to each resolution set forth in the presentation PAGE 5
Slide 6: 1: Financial Statements and Reports for Fiscal Year 2016
For personal use only RESOLUTION 1: Financial Statements and Reports for Fiscal Year 2016 • To receive and consider the financial statements and the reports of the Board and external auditor for the fiscal year ended 31 March 2016 PAGE 6
Slide 7: 1: Financial Statements and Reports – Voting Results
For personal use only RESOLUTION 1: Financial Statements and Reports for Fiscal Year 2016 PROXY RESULTS: Votes %* For 368,461,691 99.85 Against 503,169 0.14 Open 41,808 0.01 Abstain 52,397 N/A Excluded 0 N/A * Percentages have been rounded PAGE 7
Slide 8: 2: Remuneration Report for Fiscal Year 2016
For personal use only RESOLUTION 2: Remuneration Report for Fiscal Year 2016 • To receive and consider the Remuneration Report of the Company for the fiscal year ended 31 March 2016 PAGE 8
Slide 9: 2: Remuneration Report – Voting Results
For personal use only RESOLUTION 2: Remuneration Report for Fiscal Year 2016 PROXY RESULTS: Votes %* For 289,057,543 78.34 Against 79,863,756 21.65 Open 41,808 0.01 Abstain 95,958 N/A Excluded 0 N/A * Percentages have been rounded PAGE 9
Slide 10: 3: Re-election of Directors
For personal use only RESOLUTION 3: Re-election of Directors a. That Michael Hammes, who retires by rotation in accordance with the Articles of Association, be re- elected as a director b. That David Harrison, who retires by rotation in accordance with the Articles of Association, be re- elected as
Slide 11: 3(a): Re-election of Director – Michael Hammes
For personal use only RESOLUTION 3(a): Re-election of Director – Michael Hammes PROXY RESULTS: Votes %* For 366,057,823 99.21 Against 2,872,130 0.78 Open 39,308 0.01 Abstain 89,804 N/A Excluded 0 N/A * Percentages have been rounded PAGE 11
Slide 12: 3(b): Re-election of Director – David Harrison
For personal use only RESOLUTION 3(b): Re-election of Director – David Harrison PROXY RESULTS: Votes %* For 366,586,318 99.35 Against 2,365,966 0.64 Open 39,308 0.01 Abstain 67,473 N/A Excluded 0 N/A * Percentages have been rounded PAGE 12
Slide 13: 4: Authority to Fix the External Auditor's Remuneration
For personal use only RESOLUTION 4: Authority to Fix the External Auditor’s Remuneration • That the Board be authorised to fix the remuneration of the external auditor for the fiscal year ended 31 March 2017 PAGE 13
Slide 14: 4: Auditor's Remuneration – Voting Results
For personal use only RESOLUTION 4: Authority to Fix the External Auditor’s Remuneration PROXY RESULTS: Votes %* For 368,496,939 99.97 Against 72,293 0.02 Open 41,808 0.01 Abstain 448,025 N/A Excluded 0 N/A * Percentages have been rounded PAGE 14
Slide 15: 5: Grant of Return on Capital Employed Restricted Stock Units
For personal use only RESOLUTION 5: Grant of Return on Capital Employed Restricted Stock Units • Approve the grant of Return on Capital Employed Restricted Stock Units (RSUs) under the 2006 Long Term Incentive Plan to James Hardie’s Chief Executive Officer, Louis Gries PAGE 15
Slide 16: 5: ROCE RSU Grant – Voting Results
For personal use only RESOLUTION 5: Grant of Return on Capital Employed Restricted Stock Units PROXY RESULTS: Votes %* For 315,402,951 85.60 Against 53,030,988 14.39 Open 35,768 0.01 Abstain 135,024 N/A Excluded 454,334 N/A * Percentages have been rounded PAGE 16
Slide 17: 6: Grant of Relative Total Shareholder Return RSUs
For personal use only RESOLUTION 6: Grant of Relative Total Shareholder Return RSUs • Approve the grant of Relative Total Shareholder Return (TSR) RSUs to James Hardie’s Chief Executive Officer, Louis Gries PAGE 17
Slide 18: 6: Relative TSR RSU Grant – Voting Results
For personal use only RESOLUTION 6: Grant of Relative Total Shareholder Return RSUs PROXY RESULTS: Votes %* For 289,745,958 78.64 Against 78,689,096 21.35 Open 35,768 0.01 Abstain 133,909 N/A Excluded 454,334 N/A * Percentages have been rounded PAGE 18
Slide 19: Other Items of Business
For personal use only Other Items of Business PAGE 19
Slide 20: Annual General Meeting August 2016
For personal use only Annual General Meeting 11 August 2016
James Hardie Industries — Shareholder Meeting (August 2016) on 6ix