Rubicon Water Limited · ASX:RWL
Rubicon Water — Shareholder Meeting (November 2022)
41 slides from Rubicon Water's shareholder meeting presentation, Nov 17, 2022
Slide 1: Rubicon Water Annual General Meeting
Angeli-Cerese, Italy For personal use only RUBICON WATER Annual General Meeting 17 November 2022 Presenters: Gordon Dickinson, Chair Bruce Rodgerson, CEO ASX:RWL 1
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND For personal use only DISCLAIMER This presentation has been prepared by Rubicon Water Limited (Company) to provide summary ‒ if you are outside Australia, you are a person to whom the provision of the information in this information about the Company and its associated entities
Slide 3: Important Notice and Disclaimer
IMPORTANT NOTICE AND For personal use only DISCLAIMER None of the Advisers have authorised, permitted or caused the issue or lodgement, submission, dispatch None of the Company, or any other Limited Party, makes any representation or warranty as to the or provision of this presentation and there is
Slide 4: Chairman's Address
RUBICON WATER For personal use only | Annual General Meeting Gordon Dickinson, Chairman 4
Slide 5: Welcome to the Board
Welcome to the Board For personal use only | Annual General Meeting Bruce Rodgerson David Aughton Lynda O'Grady Iven Mareels Tony Morganti Chief Executive Officer Executive Director Independent Non-Executive Independent Non-Executive Independent Non-Executive Director Director Director 5
Slide 6: Chairman
RUBICON WATER For personal use only | Annual General Meeting Gordon Dickinson, Chairman 6
Slide 7: CEO
RUBICON WATER For personal use only | Annual General Meeting Bruce Rodgerson, CEO 7
Slide 8: Delivering Value to Governments, Water Managers and Farmers
For personal use only RUBICON DELIVERING VALUE TO GOVERNMENTS, WATER MANAGERS AND FARMERS Installations Reintroduction of visits and progressing training in key markets globally Return of face-to- face customer interactions 8
Slide 9: FY22 Highlights
For personal use only FY22 HIGHLIGHTS Full-year results slightly Sales pipeline continues to up vs June update - expand – currently $1.85bn (Revenue $65m, Underlying EBITDA $1.3m) Globalisation project well Proactively managing global Funded to deliver on progressed / significant supply-chain issues
Slide 10: Project Pipeline – Continued Progress
For personal use only PROJECT PIPELINE – CONTINUED PROGRESS RWL - Pipeline Progress NEAR-TERM PROJECTS – BY SEGMENT 1,200 1,000 800 Feb-22 $'M 600 Aug-22 400 +33% 200 - Early Engagement Funding/Solution Development Pricing/Tender/Contract ANZ Asia Rest of World Long Medium Near NEAR-TERM PROJECT VAL
Slide 11: Our Globalisation Journey
OUR GLOBALISATION JOURNEY For personal use only Globalisation Project First SlipMeter Expansion of global production capability to enable (SMB800) and delivery on expected future projects, reducing costs PikoMeter PM300 and shortening customer lead times. products produced outside Australia Headquar
Slide 12: Our Global Presence
Our Global Presence For personal use only Headcount 2017, 2020 , 2022 Headquarters Melbourne, Australia Manufacturing Facility 36 2 Shepparton, Australia 15 17 4 40 Regional Operations 20 4 12 Warehouse/Workshop Facilities 21 17 Joint Venture 2 Production Facilities 11 Distribution Partners 4 1 150
Slide 13: Summary and Outlook
For personal use only SUMMARY AND OUTLOOK 1 2 3 4 5 FY23 Underlying Sales pipeline Rubicon is funded to Asia – new projects ROW – pleasing EBITDA expected to continues to grow deliver on expected secured in India: near-term pipeline exceed $12m. and progress – total FY23 growth / near- • Lift irriga
Slide 14: Proxy Voting Summary
RUBICON WATER For personal use only | Annual General Meeting Gordon Dickinson, Chairman Proxy Voting Summary 66 Security Holders have provided proxy votes for 93,346,051 securities (54.31% of securities on issue) 14
Slide 15: How to vote
How to vote For personal use only • To vote, please access the live link which will now appear in the Zoom chat window, otherwise it can be found on the Notice of Meeting. • When the poll is open, select the vote icon at the top of the screen • To vote, select either For, Against or Abstain • You wi
Slide 16: How to ask a question
How to ask a question For personal use only • To ask a written question please use the chat function on this Zoom meeting • Type your question and press enter to send your question • Please note that while you can submit questions from now on, I will not address them until the relevant time in the m
Slide 17: Conduct of the Meeting
•. For personal use only CONDUCT OF THE MEETING 17
Slide 18: 1. Annual Report
1. ANNUAL REPORT For personal use only To consider the Annual Report, the Financial Report and the Reports of the Directors and Auditor for the year ended 30 June 2022 18
Slide 19: 2. Adoption of the Remuneration Report
2. ADOPTION OF THE REMUNERATION For personal use only REPORT To adopt the Remuneration Report for the year ended 30 June 2022 19
Slide 20: 2. Adoption of the Remuneration Report – Proxies
2. ADOPTION OF THE REMUNERATION For personal use only REPORT Details of proxy directions received before the Meeting For 73,990,494 79.26% of the proxies received Against 174,194 0.19% of the proxies received Open* 19,181,363 20.55% of the proxies received * Includes proxy appointments in favour of
Slide 21: Election of Directors
•. Election of Directors For personal use only 21
Slide 22: 3.1 Re-election of Gordon Dickinson
3.1 Re-election of Gordon Dickinson For personal use only That Gordon Dickinson, who retires in accordance with the Company’s Constitution and, being eligible, be re- elected as a Director Gordon Dickinson Chairman 22
Slide 23: 3.1 Re-election of Gordon Dickinson – Proxies
3.1 Re-election of Gordon Dickinson For personal use only Details of proxy directions received before the Meeting For 90,213,470 68.55% of the proxies received Against 54,794 0.04% of the proxies received Open* 41,345,024 31.41% of the proxies received * Includes proxy appointments in favour of the
Slide 24: 3.2 Re-election of Lynda O'Grady
3.2 Re-election of Lynda O’Grady For personal use only That Lynda O’Grady, who retires in accordance with the Company’s Constitution and, being eligible, be re- elected as a Director Lynda O'Grady Independent Non-Executive Director 24
Slide 25: 3.2 Re-election of Lynda O'Grady – Proxies
3.2 Re-election of Lynda O’Grady For personal use only Details of proxy directions received before the Meeting For 90,213,470 68.55% of the proxies received Against 54,794 0.04% of the proxies received Open* 41,345,024 31.41% of the proxies received * Includes proxy appointments in favour of the Cha
Slide 26: 3.3 Re-election of Tony Morganti
3.3 Re-election of Tony Morganti For personal use only That Tony Morganti, who retires in accordance with the Company’s Constitution and, being eligible, be re- elected as a Director Tony Morganti Independent Non-Executive Director 26
Slide 27: 3.3 Re-election of Tony Morganti – Proxies
3.3 Re-election of Tony Morganti For personal use only Details of proxy directions received before the Meeting For 90,213,470 68.55% of the proxies received Against 54,794 0.04% of the proxies received Open* 41,345,024 31.41% of the proxies received * Includes proxy appointments in favour of the Cha
Slide 28: 3.4 Re-election of David Aughton
3.4 Re-election of David Aughton For personal use only That David Aughton, who retires in accordance with the Company’s Constitution and, being eligible, be re- elected as a Director David Aughton Executive Director 28
Slide 29: 3.4 Re-election of David Aughton – Proxies
3.4 Re-election of David Aughton For personal use only Details of proxy directions received before the Meeting For 79,214,470 60.19% of the proxies received Against 11,053,794 8.40% of the proxies received Open* 41,350,024 31.41% of the proxies received * Includes proxy appointments in favour of the
Slide 30: 3.5 Re-election of Iven Mareels
3.5 Re-election of Iven Mareels For personal use only That Iven Mareels, who retires in accordance with the Company’s Constitution and, being eligible, be re- elected as a Director Iven Mareels Independent Non-Executive Director 30
Slide 31: 3.5 Re-election of Iven Mareels – Proxies
3.5 Re-election of Iven Mareels For personal use only Details of proxy directions received before the Meeting For 71,557,552 63.36% of the proxies received Against 0 0.00% of the proxies received Open* 41,372,525 36.64% of the proxies received * Includes proxy appointments in favour of the Chair whe
Slide 32: Approval to Grant Performance Rights
•. Approval to grant For personal use only performance rights 32
Slide 33: Grant of Performance Rights to CEO
4 Grant of performance rights to CEO For personal use only That the grant of performance rights to the CEO, Bruce Rodgerson, under the Company’s Long Term Incentive Plan, as described in the Explanatory Notes to the Notice of the 2022 Annual General Meeting, be approved for the all Bruce Rodgerson p
Slide 34: Grant of Performance Rights to CEO – Proxies
4 Grant of performance rights to CEO For personal use only Details of proxy directions received before the Meeting For 74,208,500 64.11% of the proxies received Against 192,994 0.17% of the proxies received Open* 41,350,024 35.72% of the proxies received * Includes proxy appointments in favour of th
Slide 35: Grant of Performance Rights to Executive Director
5 Grant of performance rights to Executive For personal use only Director That the grant of performance rights to the Executive Director, David Aughton, under the Company’s Long Term Incentive Plan, as described in the Explanatory Notes to the Notice of the 2022 Annual General Meeting, be David Augh
Slide 36: Grant of Performance Rights to Executive Director – Proxies
5 Grant of performance rights to Executive For personal use only Director Details of proxy directions received before the Meeting For 90,049,240 68.41% of the proxies received Against 232,024 0.18% of the proxies received Open* 41,350,024 31.41% of the proxies received * Includes proxy appointments
Slide 37: Appointment of Auditor
•. Appointment of Auditor For personal use only 37
Slide 38: Appointment of Auditor
5 Appointment of Auditor For personal use only To consider and, if thought fit, pass the following as an ordinary Resolution of the Company: “That, in accordance with section 327B(1)(a) of the Corporations Act 2001 (Cth) and for all other purposes, Deloitte Touche Tohmatsu having been nominated by a
Slide 39: Appointment of Auditor – Proxies
5 Appointment of Auditor For personal use only Details of proxy directions received before the Meeting For 90,243,964 68.58% of the proxies received Against 18,300 0.01% of the proxies received Open* 41,350,024 31.41% of the proxies received * Includes proxy appointments in favour of the Chair where
Slide 40: Annual General Meeting
RWL | ANNUAL GENERAL MEETING For personal use only Gordon Dickinson, Chairman 40
Slide 41: Rubicon Water Annual General Meeting November 2022
Talca, Chile For personal use only RUBICON WATER Annual General Meeting 17 November 2022 ASX:RWL 41