Plenti Group Ltd. · ASX:PLT
Plenti — Merger or Acquisition (November 2023)
8 slides from Plenti's merger presentation, Nov 28, 2023
Slide 1: Strategic partnership with NAB
ASX RELEASE Plenti Group Limited (ASX:PLT) Authorised for release by the Board of Plenti Group Limited For more information please contact: Daniel Foggo, CEO, shareholders@plenti.com.au Miles Drury, CFO, shareholders@plenti.com.au Strategic partnership with NAB 28 November 2023
Slide 2: Strategic partnership summary
Strategic partnership summary Plenti and NAB have entered into a strategic partnership – bringing together one of Australia’s largest and most trusted financial institutions with one of Australia’s most innovative and awarded financial technology companies “NAB powered Renewable energy Commitment an
Slide 3: “NAB powered by Plenti” car and EV loan
“NAB powered by Plenti” car and EV loan Co-branded car and EV loan expected to launch in 1H CY24 • Distributed direct to consumers, drawing on NAB’s large personal banking customer base • Plenti is responsible for: – Loan application experiences – Credit assessment and loan settlement – On-going loa
Slide 4: Renewable energy finance referrals
Renewable energy finance referrals Select Plenti renewable energy finance solutions expected to be available to NAB customers in CY24 • Plenti and NAB to develop a referral program to assist NAB’s customers finance the purchase of eligible renewable energy systems – NAB to advertise eligible renewab
Slide 5: Plenti economics
Plenti economics Our strategic partnership is expected to contribute to Plenti’s scale and profitability over time 1 “NAB powered by Plenti” car and EV loan 2 Renewable energy finance referrals Upfront payment paid to Plenti for the establishment of Loan referral fee paid by Plenti to NAB for each l
Slide 6: Contribution and rationale
Contribution and rationale This strategic partnership leverages our strengths to accelerate the achievement of our priorities Plenti contribution • Customer experience • Full-featured technology platform • Operational excellence and efficiency • Demonstrated ability to rapidly build and deploy innov
Slide 7: NAB equity investment
NAB equity investment NAB may acquire up to a 15% shareholding in Plenti Equity arrangement rationale • Reflects the importance of the strategic • Up to 5% via market purchases partnership to both Plenti and NAB Market purchase – 5% • From today until 18 months after the car loan launch • Increases
Slide 8: Disclaimer and important notices
Disclaimer and important notices No recommendation, offer, invitation or advice The material in this presentation is general background information about Plenti Group Limited (the Company) and its subsidiaries, and is current at the date of the presentation, 28 November 2023 The information in this