Genesis Energy Limited · NZX:GNE
Genesis Energy — Shareholder Meeting (September 2020)
23 slides from Genesis Energy's shareholder meeting presentation, Sep 30, 2020
Slide 1: Market Release: 2020 Annual Shareholder Meeting Presentation
MARKET RELEASE Date: 30 September 2020 NZX: GNE / ASX: GNE 2020 Annual Shareholder Meeting Presentation For personal use only Genesis Energy Limited’s (GNE) Annual Shareholder Meeting is being held today, Wednesday 30th September 2020, commencing at 10.00 am. Whilst not the Company’s prefered option
Slide 2: 2020 Annual Shareholder Meeting
For personal use only 2020 Annual Shareholder Meeting 30 September 2020 GENESIS ENERGY LIMITED
Slide 3: Barbara Chapman, Chairman
For personal use only Barbara Chapman CHAIRMAN
Slide 4: Chair Address, Chief Executive Address, Questions, Resolutions and Voting
1 Chair Address For personal use only 2 Chief Executive Address 3 Shareholder Questions 4 Resolutions and Voting
Slide 5: Board of Directors
Board of Directors For personal use only Barbara Chapman Catherine Drayton Doug McKay James Moulder Maury Leyland-Penno Paul Zealand Tim Miles
Slide 6: Supporting our customers during COVID-19
For personal use only Supporting our customers during COVID-19
Slide 7: Corporate Governance: Board Skills Matrix
Corporate Governance: Board Skills Matrix BARBARA CATHERINE DOUG TIM JAMES MAURY PAUL For personal use only CHAPMAN DRAYTON MCKAY MILES MOULDER LEYLAND ZEALAND Skill / Capability PENNO Business strategy and leadership experience Listed company governance experience Regulated industry knowledge and e
Slide 8: Additional Board Activities
For personal use only Additional Board Activities
Slide 9: Diversity & Inclusion
Diversity & Inclusion - At Genesis we value the contribution of all our people. We believe that diversity makes our organisation stronger, For personal use only more capable and more innovative. Pay Equity Gap Leadership Progression Gap Total Gender Gap % 50% females Senior When comparing median tot
Slide 10: The Taskforce on Climate-Related Financial Disclosures (TCFD)
The Taskforce on Climate-Related Financial Disclosures (TCFD) For personal use only 1. We set out a comprehensive risk identification and assessment process over the short, medium and long term. Key strategic considerations: • Building a renewable future Strategy • Transitioning baseload thermal gen
Slide 11: Marc England, Chief Executive Officer
For personal use only Marc England CHIEF EXECUTIVE OFFICER
Slide 12: Full year results highlights
For personal use only EBITDAF NPAT Full Year Dividend $ m $ m cps Up 1% FY19 $369m (restated) FY19 $59m (restated) . from 17.05cps Underlying earnings Free cash flow Gross Yield $ m $ m $ % FY19 $67m FY19 $178m FY19 6.4%
Slide 13: Future-gen strategy to maximise value in NZ's low carbon transition
Future-gen strategy will maximise value as NZ transitions to a low carbon future For personal use only Economically displace baseload thermal Enhance the value of our back-up thermal with renewable generation in an increasingly renewable market In FY21 Genesis will commit to a science-based emission
Slide 14: New Zealand's emissions profile
New Zealand’s emissions profile For personal use only Source: Ministry for the Environment, Gross Greenhouse Gas Emissions 2018 (published: April 2020). Note: these figures may not add up to exactly 100% due to rounding
Slide 15: Solving deep energy storage is New Zealand's unique challenge
Solving deep energy storage is New Zealand’s unique challenge There are limited options to store 3,000 GWh of energy for dry years For personal use only 5 More lake Taupos* 140 Tesla Powerwalls… Per household 25 % 10 80 Of the maximum potential** capacity of m % Of the potential Lake Onslow pumped h
Slide 16: Innovation Delivers Sustainable Returns
Innovation Delivers Sustainable Returns For personal use only Zilch Kenehi @ Wynyard Official Energy partner of Emirates Team NZ Kupe Gas Field EnergyIQ and Ecotracker
Slide 17: Genesis: With you. For you.
For personal use only genesis WITH YOU. FOR YOU.
Slide 18: Shareholder Questions
For personal use only Questions Shareholder
Slide 19: Resolutions and Voting
For personal use only Resolutions and Voting
Slide 20: Resolution — re-election of Doug McKay
Resolution — reelection of Doug McKay For personal use only
Slide 21: Resolution — proxy votes received
Resolution — proxy votes received as at 28 September 2020 For personal use only RESOLUTION VOTE TYPE NUMBER OF VOTES % % OF ALL SECURITIES 1. Election of Doug McKay Votes For 675,817,542 98.97% 64.76% Votes Against 179,809 0.03% 0.02% Discretionary 6,844,802 1.00% 0.66% Board 770,680 0.11% 0.07% Non
Slide 22: Thank you
For personal use only Thank you
Slide 23: Genesis: With you. For you.
For personal use only genesis WITH YOU. FOR YOU.
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