Charter Hall Group · ASX:CHC
Charter Hall — Shareholder Meeting (November 2019)
27 slides from Charter Hall's shareholder meeting presentation, Nov 13, 2019
Slide 1: Charter Hall Group 2019 Annual General Meeting
For personal use only Charter Hall Group 2019 Annual General Meeting 13 November 2019 Charter Hall Group 2019 Annual General Meeting 2 Chifley Square, Sydney NSW
Slide 2: Agenda
For personal use only 1 Chair’s Address: David Clarke 2 Managing Director’s Address: David Harrison 3 Formal Businss Agenda Charter Charter Hall Hall Group Group 2019 2019 Annual Annual General General Meeting Meeting 2
Slide 3: Chair's Address
Chair’s Address For personal use only Charter Hall Group 2019 Annual General Meeting 1, 10 & 12 Shelley Street, Sydney NSW 3
Slide 4: Board of Directors
Chair’s Address Board of Directors For personal use only David Clarke Chair David Ross Anne Brennan Karen Moses Philip Garling David Harrison Greg Paramor Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Managing Director & Non-Executive Director Group CEO
Slide 5: Sustained growth
Chair’s Address Sustained growth Strong growth in earnings underpinning distribution growth For personal use only Operating earnings per security growth Distributions per security growth DPS (grossed up) DPS 1 40.0cps Pre-tax OEPS 36.9cps Post-tax OEPS 56.3cps 30.0cps 33.7cps 31.8cps 43.5cps 26.9cps
Slide 6: Environment, Social & Governance
Managing Director’s Address Environment, Social & Governance For personal use only Environment Social Governance Leading green initiatives Create strong and engaged communities Embed a high standard of ethics into our actions • Australia’s largest Green Star footprint • Our People - 378 employee vol
Slide 7: Managing Director's Address
Managing Director’s Address For personal use only Campbellfield Plaza, Vic Charter Hall Group 2019 Annual General Meeting 130 Lonsdale Street, Melbourne VIC 7
Slide 8: Group funds management portfolio
Managing Director’s Address Group funds management portfolio 83% east coast weighting For personal use only Portfolio value Lettable area No. of No. of Net income2 WALE2 Occupancy2 WACR ($bn) (m sqm) Properties Tenancies ($m) (years) (%) (%) 30 September 2019 35.61 7.0 884 3,487 1,840 8.2 97.7 5.48
Slide 9: Funds under management growth
Managing Director’s Address Funds under management growth 5 year FUM growth to Jun-19 of 21.5% per annum For personal use only • FUM growth of 31.1% in FY19, to $30.4bn • Additional FUM of $5.2bn (17.2%) since Jun-19, to $35.6bn Funds under management movement ($bn) Funds under management by equity
Slide 10: Transactional activity and Equity flows
Managing Director’s Address Transactional activity and Equity flows Acquisition activity led by the Office and Industrial sectors For personal use only FY19 Long WALE Shopping Centre Social ($m) Office Industrial Total FY20 YTD Retail Retail Infrastructure / Other Acquisitions 2,266 899 505 304 177
Slide 11: Formal business
Formal Business For personal use only Charter Hall Group 2019 Annual General Meeting 242 Exhibition Street, Melbourne VIC 11
Slide 12: Formal business: voting cards
Formal Business Formal business For personal use only • If there are any Securityholders who are eligible to vote who have not received their yellow card, please see a representative from Link Market Services • Those Securityholders holding a red card are not eligible to vote but can speak at the me
Slide 13: Annual report
Formal Business Item 1 – Annual report For personal use only To receive and consider the Annual Report, consisting of the Financial Report and Director’s Report, and Auditor’s Report for the year ended 30 June 2019. Note: There is no requirement for Securityholders to approve these reports. Charter
Slide 14: Election of Directors of CHL
Formal Business Item 2 – Election of Directors of CHL For personal use only To consider and, if thought fit, pass the following ordinary resolutions of CHL: 2.1 “That Mr David Clarke, a Director of CHL retiring in accordance with the CHL Constitution, is re-elected as a Director of CHL.” 2.2 “That M
Slide 15: Proxies – Re-election of David Clarke
Formal Business Item 2.1 – Proxies – Re-election of David Clarke For personal use only FOR: 94.84% OPEN: 0.08% AGAINST: 5.08% Charter Hall Group 2019 Annual General Meeting 15
Slide 16: Proxies – Re-election of Karen Moses
Formal Business Item 2.2 – Proxies – Re-election of Karen Moses For personal use only FOR: 88.00% OPEN: 0.08% AGAINST: 11.92% Charter Hall Group 2019 Annual General Meeting 16
Slide 17: Proxies – Appointment of Greg Paramor
Formal Business Item 2.3 – Proxies – Appointment of Greg Paramor For personal use only FOR: 92.09% OPEN: 0.08% AGAINST: 7.83% Charter Hall Group 2019 Annual General Meeting 17
Slide 18: Adoption of remuneration report
Formal Business Item 3 – Adoption of remuneration report For personal use only To consider and, if thought fit, pass the following ordinary resolution of CHL: “That the Remuneration Report included in the Annual Report for the year ended 30 June 2019 be adopted.” Note: The vote on this resolution is
Slide 19: Proxies – Adoption of remuneration report
Formal Business Item 3 – Proxies – Adoption of remuneration report For personal use only FOR: 99.14% OPEN: 0.08% AGAINST: 0.79% Charter Hall Group 2019 Annual General Meeting 19
Slide 20: Issue of service rights to Mr David Harrison
Formal Business Item 4 – Issue of service rights to Mr David Harrison – Performance rights and options plan (Deferred portion of Short Term Incentive (STI) for FY18) For personal use only To consider and, if thought fit, pass the following ordinary resolution of CHL and CHPT: “That approval is given
Slide 21: Proxies – Issue of service rights to Mr David Harrison
Formal Business Item 4 – Proxies – Issue of service rights to Mr David Harrison For personal use only FOR: 99.77% OPEN: 0.08% AGAINST: 2.15% Charter Hall Group 2019 Annual General Meeting 21
Slide 22: Issue of performance rights to Mr David Harrison
Formal Business Item 5 – Issue of performance rights to Mr David Harrison – Performance rights and options plan (Long Term Incentive (LTI)) For personal use only To consider and, if thought fit, pass the following ordinary resolution of CHL and CHPT: “That approval is given for all purposes under th
Slide 23: Proxies – Issue of performance rights to Mr David Harrison
Formal Business Item 5 – Proxies – Issue of performance rights to Mr David Harrison For personal use only FOR: 88.83% OPEN: 0.08% AGAINST: 11.10% Charter Hall Group 2019 Annual General Meeting 23
Slide 24: Questions
Questions For personal use only Campbellfield Plaza, Vic Charter Hall Group 2019 Annual General Meeting Chullora Logistics Park, 2 Hume Highway, Chullora NSW 24
Slide 25: Meeting closed
Meeting closed For personal use only Charter Hall Group 2019 Annual General Meeting Woolworths Dandenong Centre, Dandenong South, VIC 25
Slide 26: Appendix – Contact information
Appendix – Additional information Contact information For personal use only David Harrison Sean McMahon Russell Proutt Philip Cheetham Managing Director & Group CEO Chief Investment Officer Chief Financial Officer Head of Listed Investor Relations Charter Hall Group Charter Hall Group Charter Hall G
Slide 27: Office addresses
For personal use only Sydney Head Office Melbourne Brisbane Perth Adelaide Level 20, No.1 Martin Place Level 14, 570 Bourke Street Level 3, The Annex Level 5, St Georges Square Level 2, 80 Pirie Street Sydney NSW 2000 Melbourne VIC 3000 275 George Street 225 St Georges Terrace Adelaide SA 5000 Brisb
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