Shaver Shop Group Limited · ASX:SSG
Shaver Shop — Shareholder Meeting (November 2023)
26 slides from Shaver Shop's shareholder meeting presentation, Nov 9, 2023
Slide 1: 2023 Annual General Meeting Presentation
2023 ANNUAL GENERAL MEETING PRESENTATION Transform Yourself
Slide 2: Important notice and disclaimer
Important notice and disclaimer This management presentation (“Presentation”) has been prepared by Shaver Shop Group Limited ACN 150 747 649 (“Shaver Shop”) and contains general background information about Shaver Shop, its subsidiaries and their activities which is current at the date of this Prese
Slide 3: Contents
CONTENTS 01 Chairman’s Address 02 CEO & MD’s Address 03 Items of Business 04 General Questions AGM PRESENTATION 2023 3
Slide 4: Chairman's Address
01 CHAIRMAN’S ADDRESS MR BRODIE ARNHOLD AGM PRESENTATION 2023 4
Slide 5: Shaver Shop's Board of Directors
SHAVER SHOP’S BOARD OF DIRECTORS Brodie Arnhold, Chair Craig Mathieson Trent Peterson Debra Singh Brian Singer Cameron Fox, MD & CEO Independent, non-executive directors Executive director AGM PRESENTATION 2023 5
Slide 6: Our unique business model
Our unique business model Specialist, The only sizeable pure-play retailer, solely focussed on men’s and women’s personal care and pure play grooming solutions Customer Customer service excellence driven by unparalleled product knowledge from passionate team Focus members Product Broadest and deepes
Slide 7: Key milestones since IPO
Key milestones since IPO NOTABLE ACHIEVEMENTS FINANCIAL OUTCOMES FOR SHAREHOLDERS > Shaver Shop listed on the ASX on 30 June 2016 with 100 stores in its network Sales, Earnings Per Share and Dividends Per Share since IPO > FY16 revenue was $106.7m with pro-forma NPAT of $7.5m 250.0 16.0 > Since that
Slide 8: Closing Share Price Since IPO
0 0.20 0.40 0.60 0.80 1.00 1.20 1.40 Jul 16 Oct 16 Jan 17 Apr 17 Jul 17 Oct 17 Jan 18 Apr 18 Jul 18 Oct 18 Jan 19 Apr 19 Jul 19 Oct 19 Jan 20 Apr 20 Jul 20 Closing share price ($) Oct 20 Jan 21 Closing Share Price Since IPO Apr 21 Jul 21 Oct 21 Jan 22 Apr 22 Jul 22 Oct 22 Jan 23 Apr 23 Jul 23 AGM PR
Slide 9: MD & CEO Address
02 MD & CEO ADDRESS MR CAMERON FOX AGM PRESENTATION 2023 9
Slide 10: Financial Highlights
Financial Highlights Sales > Total sales up 0.8% to $224.5 million – Up 34.1% on pre-pandemic (FY19) levels > Online sales represented 22.7% of total sales or $51.0 million > Core hair removal categories continued to grow despite cycling strong sales during pandemic related lockdowns > NPAT up 0.8%
Slide 11: Operational Highlights
Operational Highlights Customer > Fulfilled more than 2.5 million in-store and online orders in Service FY23 > World class NPS of c. 89 (out of 100) > In-store offering returned to the dominant sales channel > Record sales conversion in FY23 at c. 43.9% Omni Retail > Optimised digital marketing spen
Slide 12: FY24 Trading Update
FY24 Trading Update > For the period from 1 July 2023 to 31 October 2023 (YTD): – Total sales decreased -5.3% cycling approximately +14.2% growth over the comparative FY23 period. Compared to pre-COVID (FY20), total sales growth was +23.8% – LFL sales decreased -5.4%. Compared to pre-COVID (FY20), L
Slide 13: Items of Business
03 ITEMS OF BUSINESS AGM PRESENTATION 2023 13
Slide 14: 1. Annual Financial Report
1. ANNUAL FINANCIAL REPORT “To receive and consider the Financial Report, Directors’ Report and Auditor’s Report of the Company and its controlled entities for the financial year ended 30 June 2023.” THERE IS NO VOTE ON THIS ITEM OF BUSINESS AGM PRESENTATION 2023 14
Slide 15: 2. Adoption of Remuneration Report
2. ADOPTION OF REMUNERATION REPORT “That the Remuneration Report (which forms part of the Directors’ Report in respect of the financial year ended 30 June 2023 be adopted.” AGM PRESENTATION 2023 15
Slide 16: 2. Adoption of Remuneration Report – Voting Results
2. ADOPTION OF REMUNERATION REPORT – VOTING RESULTS Proxies Received # votes % votes For 35,825,981 95.45% Open 1,015,121 2.70% Against 694,203 1.85% Abstain1 110,738 The Chair of the Meeting intends to vote all available proxies in favour of this resolution. 1 Abstain votes are provided for informa
Slide 17: 3. Re-election of Director – Mrs Debra Singh
3. RE-ELECTION OF DIRECTOR – MRS DEBRA SINGH CLICK TO EDIT STYLES (PRESS INDENT/OUTDENT TO TOGGLE HEADING STYLES) “That, for the purpose of clause 67 of the Company’s Constitution, ASX Listing Rule 14.4 and for all other purposes, Mrs Debra Singh, retires by rotation, and being eligible for re-elect
Slide 18: 3. Re-election of Director – Mrs Debra Singh – Voting Results
3. RE-ELECTION OF DIRECTOR – MRS DEBRA SINGH– VOTING RESULTS Proxies Received # votes % votes For 49,495,233 97.77% Open 1,052,545 2.08% Against 73,849 0.15% Abstain1 118,000 The Chair of the Meeting intends to vote all available proxies in favour of this resolution. 1 Abstain votes are provided for
Slide 19: 4. Re-election of Director – Mr Trent Peterson
4. RE-ELECTION OF DIRECTOR – MR TRENT PETERSON CLICK TO EDIT STYLES (PRESS INDENT/OUTDENT TO TOGGLE HEADING STYLES) “That, for the purpose of clause 67 of the Company’s Constitution, ASX Listing Rule 14.4 and for all other purposes, Mr Trent Peterson retires by rotation, and being eligible for re-el
Slide 20: 4. Re-election of Director – Mr Trent Peterson
4. RE-ELECTION OF DIRECTOR – MR TRENT PETERSON Proxies Received # votes % votes For 49,483,071 97.77% Open 1,052,545 2.08% Against 77,011 0.15% Abstain1 127,000 The Chair of the Meeting intends to vote all available proxies in favour of this resolution. 1 Abstain votes are provided for information o
Slide 21: 5. Approval of Amendments to Constitution
5. APPROVAL OF AMENDMENTS TO CONSTITUTION CLICK TO EDIT STYLES (PRESS INDENT/OUTDENT TO TOGGLE HEADING STYLES) “That for the purpose of section 136(2) of the Corporations Act 2001 (Cth) and for all other purposes, the Constitution of the Company be amended in the manner described in the Explanatory
Slide 22: 5. Approval of Amendments to Shaver Shop's Constitution
5. APPROVAL OF AMENDMENTS TO SHAVER SHOP’S CONSTITUTION Proxies Received # votes % votes For 39,976,458 78.98% Open 1,089,701 2.15% Against 9,550,698 18.87% Abstain1 122,770 The Chair of the Meeting intends to vote all available proxies in favour of this resolution. 1 Abstain votes are provided for
Slide 23: 6. Approval of Issue of Securities to CEO & MD
6. APPROVAL OF ISSUE OF SECURITIES TO CEO & MD CLICK TO EDIT STYLES (PRESS INDENT/OUTDENT TO TOGGLE HEADING STYLES) “That for the purposes of the ASX Listing Rule 10.14 and for all other purposes, approval is given for the issue to the CEO and Managing Director of the Company, Mr Cameron Fox, of up
Slide 24: 6. Approval Issue of Securities to Mr Cameron Fox, CEO & MD
6. APPROVAL ISSUE OF SECURITIES TO MR CAMERON FOX, CEO & MD Proxies Received # votes % votes For 44,045,474 95.54% Open 1,271,121 2.76% Against 782,626 1.70% Abstain1 176,180 The Chair of the Meeting intends to vote all available proxies in favour of this resolution. 1 Abstain votes are provided for
Slide 25: General Questions
04 GENERAL QUESTIONS AGM PRESENTATION 2023 25
Slide 26: Thank you
Thank you
Shaver Shop Group — Shareholder Meeting (November 2023) on 6ix