Michael Hill International Ltd. · ASX:MHJ
Michael Hill International — Shareholder Meeting (October 2016)
43 slides from Michael Hill International's shareholder meeting presentation, Oct 31, 2016
Slide 1: Annual General Meeting 31 October 2016
For personal use only AN N UAL G E N E RAL M E ETI N G 31 ST O CTO B E R 2 016
Slide 2: Robert Fyfe
For personal use only Robert Fyfe Non-Executive and Independent Director Chair People Development and Remuneration Committee Member Audit and Risk Management Committee
Slide 3: Board of Directors
B OAR D O F D I R E CTO R S For personal use only Gary Smith Emma Hill Sir Michael Hill Janine Allis Robert Fyfe
Slide 4: Phil Taylor
For personal use only Phil Taylor Acting CEO and Chief Financial Officer
Slide 5: Senior Executive Team
S E N I O R E XE C UTI V E TEAM For personal use only Phil Taylor Galina Hirtzel Anna Shaw Matt Keays Stewart Silk Acting CEO and Group Merchandising Chief Marketing Chief Information Group Human Chief Financial Officer and Manufacturing Officer Officer Resources Executive Executive Kevin Stock Bret
Slide 6: No Phones, No Cameras
For personal use only NO PHONES NO CAMERAS
Slide 7: Record EBIT $47.1M
For personal use only $ 47.1M RECORD E B IT
Slide 8: For personal use only
For personal use only i} Shl2. — As 41S michael hill. EMMA & ROE. BY MICHAEL HILL
Slide 9: For personal use only
For personal use only Design the Empower experience front-line Understanding Metrics that your customer matter Customer Customer Feedback drives focused centricity continuous leadership improvement
Slide 10: Proprietary Collections
P R O P R I E TA R Y C O L L E C T I O N S For personal use only
Slide 11: For personal use only
For personal use only spirits bay Chisel
Slide 12: For personal use only
“Whether worn as a symbol of achievement, \ a celebration of your own inner strength, or given a asa gift cs of remarkable grace under pressure, | believe the purity and simplicity of the desigi speaks to the spirit of strong women eve Women who have pursued their dr 1S wholeheartedly, who have pers
Slide 13: For personal use only
thiuitire-H Each piece in the Spirits Bay collection represents a remarkable journey. A masterpiece of nature, shaped by the elements, brought to life in precious metal.
Slide 14: For personal use only
For personal use only s, Began over 50 years ago on _ tip to Spirits Bay, atthe top ofthe North " Island of New Zealand, While walking, Michael picked up a smooth-worn shell, ‘elegantly curved and fluid to the touch, and slipped it onto her finger. She began collecting these masterpieces shaped by t
Slide 15: For personal use only
For personal use only
Slide 16: For personal use only
For personal use only
Slide 17: For personal use only
a 3 : ml eee)< je mcaisonas : we michael! hill Search QQ sever (7) Bo9 10) michael! hill Search QQ stres (7) Bo ENGAGEMENT JEWELLERY COLLECTIONS CHARMS: GrTs: SALE SOCIAL | ENGAGEMENT JEWELLERY COLLECTIONS CHARMS GIFTS SALE SOCIAL ‘COLLECTIONS SW Latte, Vin lad Mcrae! Fars exclusive Inntas Cotecton
Slide 18: For personal use only
For personal use only 55%
Slide 19: Mike Parsell, CEO
For personal use only Mike Parsell CEO 15 years
Slide 20: For personal use only
For personal use only $ $ 1bn 500m
Slide 21: Sir Michael Hill
For personal use only Sir Michael Hill Director
Slide 22: Phil Taylor
For personal use only Phil Taylor Acting CEO and Chief Financial Officer
Slide 23: CEO's Address: Annual General Meeting
C E O ’ S A D D R E S S : 2 0 16 A N N U A L G E N E RAL M E ETI N G For personal use only FY 2016 results summary and highlights FY 2016 segment performance 2016/17 growth strategy update Q1 trading update
Slide 24: FY Results Summary and Highlights
F Y 2 0 16 R E S U LT S S U M M A R Y AN D H I G H LI G HTS For personal use only Group revenue grew by 9.5% to a record $551m Same store revenue growth of 5.2% Gross margin increased to 64.0% Record EBIT of $47.1m which was 11.9% higher than prior year NZ, Australia and Canada all achieve
Slide 25: FY Segment Performance: Australian Retail
F Y 2 0 16 S E G M E N T PERFORMANCE For personal use only Michael Hill Australian Retail Segment Solid sales growth with same stores growing by 3.8% which helped deliver a pleasing EBIT lift of 9.6% to a record $50.3m. This was achieved through a focus on improved productivity and attention to co
Slide 26: FY Segment Performance: New Zealand Retail
F Y 2 0 16 S E G M E N T PERFORMANCE For personal use only Michael Hill New Zealand Retail Segment The New Zealand segment posted another impressive result with same store sales increasing by 7.2% and EBIT lifting15.9% to a record NZ$27.3m. The continued improvement reflects the stable and experie
Slide 27: FY Segment Performance: Canadian Retail
F Y 2 0 16 S E G M E N T PERFORMANCE For personal use only Michael Hill Canadian Retail Segment The Canadian retail segment result was pleasing with revenue growing by 18.9% for the 12 months to C$94.1m and with same store sales growing by 5.3% Operating surplus increased 56.5% to a record C$9.5
Slide 28: FY Segment Performance: US Retail
F Y 2 0 16 S E G M E N T PERFORMANCE For personal use only Michael Hill US Retail Segment Same store sales were up 3.5% for the 12 months which was short of our expectation The EBIT loss was higher than last year at $2.3m due to sales growth not matching the planned cost increases in marketing a
Slide 29: FY Segment Performance: Emma & Roe
F Y 2 0 16 S E G M E N T PERFORMANCE For personal use only Emma & Roe Retail Segment Emma & Roe was moved from trial to growth mode in June 2016 Up to 200 store locations have been identified as potential locations for the Emma & Roe brand throughout Australasia and up to 100 for the Canadian ma
Slide 30: Growth Strategy Update
2 0 16 / 17 G R O W T H S T R AT E G Y U P D AT E For personal use only A continued focus on our existing store base 12 new Michael Hill branded stores Continued testing of our US model Open 12 Emma & Roe stores Further refinement and experimentation of the Emma & Roe model Further empha
Slide 31: Q1 Trading Update
Q 1 T R A D I N G U P D AT E For personal use only Same store growth of 2.8% and a total store sales increase of 6.8% Michael Hill brand delivered same store sales growth of 2.8% and total store sales were up 5.9% Canadian segment performed particularly well with same stores sales up 7.6% NZ
Slide 32: Notice of Meeting
For personal use only N OTI C E O F M E ETI N G
Slide 33: Procedure for the Meeting
For personal use only P R O C E D U R E FO R TH E M E ETI N G
Slide 34: Financial Reports
For personal use only FI NAN C IAL R E P O RTS
Slide 35: Remuneration Report
For personal use only R E M U N E R AT I O N R E P O R T
Slide 36: Election of Directors
For personal use only E LE CTI O N O F D I R E CTO R S
Slide 37: Grant of Share Rights under Company's Incentive Plan
For personal use only G RANT O F SHAR E R I G HTS U N D E R C O M PANY’S I N C E NTIVE P L AN
Slide 38: Approval of Giving Termination Benefits in Connection with the Incentive Plan
For personal use only APPROVAL OF GIVING T E R M I N AT I O N B E N E F I T S I N C O N N E CTI O N W I TH T H E I N C E NTIVE P L AN
Slide 39: Approval of Giving Termination Benefits to Mike Parsell
For personal use only APPROVAL OF GIVING T E R M I N AT I O N B E N E F I T S TO M I K E PAR S E LL BY T H E H I LL FAM I LY A N D T H E C O M PA N Y
Slide 40: Appointment of Auditor
For personal use only AP P OI NTM E NT OF AU DITOR
Slide 41: Poll
For personal use only POLL
Slide 42: Poll Procedures
For personal use only POLL PROCEDURES
Slide 43: Closure
For personal use only CLOSURE
Michael Hill International — Shareholder Meeting (October 2016) on 6ix