Australian Ethical Investment Ltd · ASX:AEF
Australian Ethical Investment — Investor Presentation (May 2004)
14 slides from Australian Ethical Investment's investor presentation, May 24, 2004
Slide 1: Presentation to the Board of Ascalon Capital Managers Ltd
: Australian Ethical ~ Investment + Superannuation Presentation to the Board of Ascalon Capital Managers Ltd on 24 May 2004
Slide 2: Corporate History
1986 1989 1994 : Australian Ethical ~ Investment + Superannuation The Company was formed by a group of individuals who wished to promote ethical investment. It grew out of a private investment company, August Investments Pty Ltd, formed in 1981. The first public prospectus was issued for the August
Slide 3: Corporate History (cont.)
Australian Ethical Investment + Superannuation rey te Lud se Cort orate Histo OTY | (cont.) ) 1997 1998 2000 The Company made its maiden trading profit. Two new Trusts, the Australian Ethical Income Trust and the Australian Ethical Large Companies Share Trust, were launched. In November 1998, the Au
Slide 4: Corporate History (cont.)
Australian Ethical Investment + Superannuation om your ex pom ton Audi exkpray f + Corporate History (cont.) 2001 + Ascalon Capital Managers became Australian Ethical’s first institutional investor. Australian Ethical was floated as a listed company on the Australian Stock Exchange on 17 December 20
Slide 5: Operational Entity and Business Structure
, Australian Ethical Investment + Superannuation OPERATIONAL ENTITY AND BUSINESS STRUCTURE As at May 2004 [GAER (Centre for Australian Ethicat Research): provision AUSTRALIAN ETHICAL INVESTMENT LIMITED. lof ethical research George Pooley m1 Caroline Le Couteur Trevor Lee Howard Pender 1} James Thier
Slide 6: AEI Organisational Chart
Australian Ethical Investment + Superannuation AEI Organisational Chart as at May 2004 Compliance Committee Compliance Officer | Compliance Reporting Officer AEI Board AES Board Company Secretary Asst Company Secretary I l I ] Finance Committee investment Committee Audit Committee Chief Executive Of
Slide 7: Company structure
Australian Ethical Investment + ee Py a oar / eng : a ‘ Tata } pie pi * The Board undertook the bulk of management functions prior to the appointment of the CEO in 2000. ¢ The organisation structure is much more mainstream than in the past. *« The directors and their associates hold the bulk of the
Slide 8: Company structure (cont.)
Australian Ethical Investment + Superannuation “ Saat - e ¢% a me § gr dey re spi f = Company structure (co ee ¢« The Ethical Charter is incorporated into the Constitution of the Company. * The Constitution provides for the payment of a tithe and staff bonus prior to the payment of a shareholder div
Slide 9: Management and Staff
Australian Ethical Investment + Superannuation Ses. Management and Staft “i Members of the senior management team who are not directors and do not have significant shareholdings in AEI are: ° ° ° Anne O’Donnell - CEO; David Ferris - Investment Manager; Chris Lee - Company Secretary; and Mark Bateman
Slide 10: Funds Under Management Growth
Australian Ethical Investment + Superannuation Funds Under Management Growth 300.0 Funds Under Management 250.0 + 200.0 + 150.0 + $ million 100.0 4 50.0 +--- 0.0 Jun 99 Jun 00 Jun 01 Jun 02 Jun 03 Dec 03 Mar 04
Slide 11: Group Operating Profit year history
Australian Ethical Investment + Superannuation Group Operating Profit 3 year history (before tithe, tax and bonus) 800 =O YTD profit before tax - act 01/02 == YTD profit before tax - act 02/03 wee YTD profit before tax - act 03/04 700 600 500 400 $,000 300 200 100 Jul Aug Sep Oct Nov Dec Jan Feb Mar
Slide 12: Trust Performance: 1 year (as at 31 March 2004)
30.0% 25.0% 20.0% + (% p.a.) 10.0% 5.0% 0.0% + 15.0% 4 Australian Ethical ~ Investment + ust retu eturn ah AN % oo y Ca Co cr Performance: 1 year (as at 31 March 2004) @ Trust @ Benchmark AEBT 23.8% AEET 23.4% AEIT AELT
Slide 13: Trust returns to 5 years
(% p.a.) 30.0% 25.0% 4 20.0% + 15.0% 4 10.0% 4 5.0% 4 0.0% + Australian Ethical Investment + Superannuation 24 Trust returns to 5 years Performance: 5 year (as at 31 March 2004) @ Trust @ Benchmark AEBT AEET AEIT AELT
Slide 14: Strategic objectives
" Australian Ethical - Investment + Superannuation Directors, Senior Managers and the Staff Representative review the Business Plan annually. The strategic objectives set in February 2004 include: growth in FUM to $750m; the achievement of budgeted financial outcomes; raising the profiles of AES in
Australian Ethical Investment — Investor Presentation (May 2004) on 6ix