Bhp Group Ltd · ASX:BHP
Bhp — BHP Billiton — Shareholder Meeting (May 2015)
23 slides from Bhp's shareholder meeting presentation, May 6, 2015
Slide 1: BHP Billiton General Meetings 2015: The proposed Demerger of South32
Newman Pictures to be updated For personal use only Australia Newman Australia Newman Australia BHP Billiton General Meetings 2015 The proposed Demerger of South32 6 May 2015
Slide 2: Important information and disclaimer: Nature of this presentation
Important information and disclaimer Nature of this presentation For personal use only The information contained in this presentation does not constitute a prospectus or other listing document in relation to BHP Billiton or the new company proposed to be demerged from BHP Billiton (‘South32’) in any
Slide 3: Important information and disclaimer: Forward-looking statements
Important information and disclaimer Forward-looking statements For personal use only This presentation contains forward looking statements, including statements regarding plans, strategies and objectives of management, future performance and future opportunities. These forward looking statements ar
Slide 4: BHP Billiton General Meetings 2015: The proposed Demerger of South32
Newman Pictures to be updated For personal use only Australia Newman Australia Newman Australia BHP Billiton General Meetings 2015 The proposed Demerger of South32 6 May 2015
Slide 5: Present in London
Present in London For personal use only Keith Rumble Margaret Taylor Baroness Shriti Vadera Malcolm Brinded Carlos Cordeiro Pat Davies Wayne Murdy BHP Billiton South32 BHP Billiton General Meetings, 6 May 2015 Slide 5
Slide 6: Present in Perth
Present in Perth For personal use only David Crawford Jane McAloon Jac Nasser Andrew Mackenzie Peter Beaven Graham Kerr Malcolm Broomhead Carolyn Hewson Lindsay Maxsted John Schubert BHP Billiton South32 BHP Billiton General Meetings, 6 May 2015 Slide 6
Slide 7: Maximising value for our shareholders
Maximising value for our shareholders For personal use only Notice of General Meeting Shareholder Circular Listing Documents BHP Billiton General Meetings, 6 May 2015 Slide 7
Slide 8: Another step in your Company's evolution
Another step in your Company’s evolution For personal use only Cannington, Australia BHP Billiton General Meetings, 6 May 2015 Slide 8
Slide 9: Iron ore
Iron ore For personal use only Newman, Australia BHP Billiton General Meetings, 6 May 2015 Slide 9
Slide 10: The Demerger will simplify our portfolio in a single step
The Demerger will simplify our portfolio in a single step For personal use only BHP Billiton core portfolio* South32 Western Australia Samarco Queensland Coal NSW Energy Coal Cerrejón Worsley Alumar Aluminium Mozal Iron Ore Brazil Australia Australia Colombia Australia Brazil South Africa Mozambique
Slide 11: BHP Billiton: focused on our core portfolio
BHP Billiton: focused on our core portfolio For personal use only Petroleum Copper Iron Ore Coal Eagle Ford, United States Escondida, Chile Newman, Australia Peak Downs, Australia • Focused on our exceptionally large, upstream, Tier 1 assets diversified by commodity and geography • Simplified portfo
Slide 12: South32: a diversified metals and mining company
South32: a diversified metals and mining company For personal use only Manganese Silver Nickel Aluminium Energy Coal Hotazel, South Africa Cannington, Australia Cerro Matoso, Colombia Worsley, Australia South Africa BHP Billiton General Meetings, 6 May 2015 Slide 12
Slide 13: South32: a portfolio of high quality assets
South32: a portfolio of high quality assets For personal use only Worsley Alumar Aluminium Mozal Australia Brazil South Africa Mozambique GEMCO Hotazel TEMCO Metalloys Australia South Africa Australia South Africa Cerro Matoso Illawarra Coal Energy Coal Cannington Colombia Australia South Africa Aus
Slide 14: South32: a strong balance sheet and strategy
South32: a strong balance sheet and strategy Cannington For personal use only • A strong balance sheet and targeted Australia investment grade credit rating are core to the strategy • Ability to pursue its own growth and investment opportunities • Safe, lean, responsible and predictable operating pe
Slide 15: Independent expert's report – Grant Samuel
Independent expert’s report – Grant Samuel For personal use only “Even relatively modest improvements in New BHP Billiton’s operating performance would have a meaningful impact on value. By contrast, the costs and disadvantages of the Demerger are not significant. Accordingly, Grant Samuel believes
Slide 16: Frequently asked questions: Why now?
Frequently asked questions For personal use only Why are we proceeding with the demerger now? • Our long stated strategy has been to optimise our portfolio - with more than $6.5 billion of targeted divestments in the last three years • The demerger is another meaningful step in your company’s simpli
Slide 17: Frequently asked questions: What does the demerger mean for shareholders?
Frequently asked questions For personal use only What does the demerger mean for shareholders? • BHP Billiton shareholders retain their existing shareholding in a simplified BHP Billiton • You will continue to receive dividends from BHP Billiton, with no plans to rebase • Eligible shareholders will
Slide 18: The Demerger will create two great companies
The Demerger will create two great companies For personal use only BHP Billiton General Meetings, 6 May 2015 Slide 18
Slide 19: General Meetings 6 May 2015
Daunia For personal use only Australia Jane McAloon Group Company Secretary General Meetings 6 May 2015
Slide 20: Demerger Resolution
Demerger Resolution For personal use only Demerger Resolution: To approve the demerger of South32 from BHP Billiton, to be implemented through the Demerger Dividend in the manner more fully described in the Shareholder Circular BHP Billiton General Meetings, 6 May 2015 Slide 20
Slide 21: How to vote
How to vote For personal use only ABSTAIN or FOR AGAINST WITHHOLD 70% 700 30% 300 Assumes total holding of 1,000 shares BHP Billiton General Meetings, 6 May 2015 Slide 21
Slide 22: Demerger Resolution
Demerger Resolution For personal use only Demerger Resolution: To approve the demerger of South32 from BHP Billiton, to be implemented through the Demerger Dividend in the manner more fully described in the Shareholder Circular BHP Billiton General Meetings, 6 May 2015 Slide 22
Slide 23: BHP Billiton: resourcing the future
cde bhpobilliton resourcing the future