Slide 1: Annual Shareholder Meeting
Eden Park 23 September 2019 Annual Shareholder Meeting
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements. Forward-looking statements often include words such as "anticipates", "estimates", "expects", "intends", "plans", "believes“ and similar words in connection with discussions of future operating or financial performance. The forward-lo
Slide 3: Dame Alison Paterson, Chair
Dame Alison Paterson Chair
Slide 4: Agenda
Agenda • Ordinary business • Chair’s Address • Group Chief Executive’s Address • Resolutions and Voting • General Business • Meeting Close
Slide 5: Dame Alison Paterson, Chair
Dame Alison Paterson Chair
Slide 6: Simon Mackenzie, Group Chief Executive
Simon Mackenzie Group Chief Executive
Slide 7: Creating a new energy future
Creating a new energy future
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Slide 9: Overview of financial performance
9 Overview of financial performance FY19 FINANCIAL PERFORMANCE ($M) From 1 July 2018 we adopted IFRS 15/16 1328.4 1318.6 and changed the accounting treatment of gains/losses on disposal of fixed assets. Excluding these accounting changes, comparable adjusted EBITDA would be NPAT impacted by $475m (u
Slide 10: FY19 Business insights
10 FY19 Business insights Challenging environment Network growth Metering growth for Gas Trading New energy solutions • 14,322 new electricity and gas • Deployed 57k advanced • Continued natural gas supply • HRV combining with connections, c50% higher than 5 meters in NZ constraints due to field Pow
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Slide 15: Simon Mackenzie, Group Chief Executive
Simon Mackenzie Group Chief Executive
Slide 16: Creating a new energy future
Creating a new energy future
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Slide 18: Dame Alison Paterson, Chair
Dame Alison Paterson Chair
Slide 19: Ordinary business
Ordinary business
Slide 20: Election of Tony Carter
Election of Tony Carter
Slide 21: [Tony Carter video]
[Tony Carter video]
Slide 22: Election of Tony Carter
Election of Tony Carter Proxy voting Votes For 803,658,434 Against 254,281 Discretionary 3,576,537 Abstain 15,762
Slide 23: Election of Dame Paula Rebstock
Election of Dame Paula Rebstock
Slide 24: Election of Dame Paula Rebstock
Election of Dame Paula Rebstock Proxy voting Votes For 803,671,556 Against 169,259 Discretionary 3,645,630 Abstain 18,569
Slide 25: Election of Bruce Turner
Election of Bruce Turner
Slide 26: Election of Bruce Turner
Election of Bruce Turner Proxy voting Votes For 803,315,279 Against 392,219 Discretionary 3,723,409 Abstain 74,107
Slide 27: Re-election of Jonathan Mason
Re-election of Jonathan Mason
Slide 28: Re-election of Jonathan Mason
Re-election of Jonathan Mason Proxy voting Votes For 803,077,904 Against 564,679 Discretionary 3,791,400 Abstain 71,031
Slide 29: Election of Alastair Bell
Election of Alastair Bell
Slide 30: Election of Alastair Bell
Election of Alastair Bell Proxy voting Votes For 803,427,795 Against 241,228 Discretionary 3,770,692 Abstain 65,299
Slide 31: Appointment and remuneration of auditor
Appointment and remuneration of auditor
Slide 32: Appointment and remuneration of auditor
Appointment and remuneration of auditor Proxy voting Votes For 803,577,488 Against 178,633 Discretionary 3,707,258 Abstain 41,635
Slide 33: Amendment of constitution
Amendment of constitution
Slide 34: Amendment of constitution
Amendment of constitution Proxy voting Votes For 798,238,730 Against 5,241,726 Discretionary 3,938,742 Abstain 85,816
Slide 35: Voting
Voting
Slide 36: General business
General business
Slide 37: Q&A
Q&A
Slide 38: Thank you
Thank you