Lendlease Group · ASX:LLC
Lendlease — Non-Deal Roadshow (June 2023)
20 slides from Lendlease's roadshow presentation, Jun 5, 2023
Slide 1: Lendlease Stakeholder Engagement Presentation
5 June 2023 Lendlease Stakeholder Engagement Presentation Attached is a presentation to be referred to during engagement meetings in June 2023 between Lendlease Chair, Michael Ullmer AO and key stakeholders. ENDS FOR FURTHER INFORMATION, PLEASE CONTACT: For personal use only Investors: Media: Michae
Slide 2: Stakeholder Engagement
Stakeholder For personal use only Engagement Michael Ullmer, AO Chairman, Lendlease Group June 2023 London: 21 Moorfields, artist’s impression
Slide 3: Board commitment to securityholders
Stakeholder Engagement 2 Board commitment to securityholders Respect for securityholders For personal use only Stewardship Transparency Engagement The Lendlease Board • The Board governs the Group for the • Committed to open communication • Value open engagement with market regularly reviews its cor
Slide 4: Board Focus Areas FY23
Stakeholder Engagement 3 Board Focus Areas FY23 Oversight of strategic focus areas; Board renewal and succession planning; supporting ESG leadership For personal use only Continued oversight of strategic focus areas as part of the 'Create' phase of the Group's five year roadmap: • Accelerate funds g
Slide 5: Purpose: Creating places where communities thrive
Stakeholder Engagement 4 Purpose: Creating places where communities thrive For personal use only Economic Environmental Social Our commitment is simple – to create value for all those who interact with us through a triple bottom line focus. This is the key for strong securityholder returns. Targets
Slide 6: Five-year road map
Stakeholder Engagement 5 Five-year road map FY23 marks the start of the two-year Create phase of the Group’s five-year Reset; Create; Thrive roadmap. For personal use only Reset Create Thrive FY22 FY23 – 24 FY25 – 26+ Reset platform for Focus and execute Global property leadership built delivery and
Slide 7: Progress on Create phase to HY23
Stakeholder Engagement 6 Progress on Create phase to HY23 Solid achievements in each of our operating segments demonstrates progress against the Group’s strategy For personal use only Accelerate funds growth Scale development Execution excellence Investments Development Construction • 8% FUM growth
Slide 8: Nominations Committee
Stakeholder Engagement 7 Nominations Committee Board members seeking election / re-election at 2023 Annual General Meeting For personal use only • The Directors have a range of local and international experience and expertise, as well as specialised skills to assist with decision making and leading
Slide 9: People and culture
Stakeholder Engagement 8 People and culture Key areas of focus in FY23 For personal use only Wellbeing Learning Talent and Succession Diversity and Inclusion • Global Wellbeing program focused on • Implementation of global leadership • Robust assessment of internal talent to • All senior leaders com
Slide 10: Health and Safety
Stakeholder Stakeholder Engagement Engagement 9 Health and Safety Our highest priority • Improving our safety performance and eliminating incidents and injuries continue to be at the forefront of our strategy and operating The health and wellbeing of For personal use only philosophy our people is ou
Slide 11: Sustainability
Stakeholder Engagement 10 Sustainability Today, we've set our leadership ambitions even higher... Sustainability Leadership is in our DNA For personal use only 50 years ago 40 years ago 20 years ago 10 years ago "Companies must start “…through the 30 The Bond was We commenced justifying their worth
Slide 12: Risk Committee
Stakeholder Engagement 11 Risk Committee Risk governance and management Our Risk Framework For personal use only • A review of the Risk Appetite Framework (RAF) was undertaken, in consultation with the business, as part of our periodic review to ensure that the framework continues to evolve and meet
Slide 13: Audit Committee
Stakeholder Engagement 12 Audit Committee Key areas of focus in FY23 For personal use only • Ongoing monitoring and review of Treasury management was a key focus area to ensure Lendlease remains within the target gearing Strong internal controls and ranges and maintains current investment grade cred
Slide 14: Appendix
For personal use only Stakeholder Engagement 13 Appendix
Slide 15: Nomination Committee responsibilities and composition
Stakeholder Engagement 14 Responsibilities Meetings and composition Nomination • Board structure: The Committee Committee − Size and composition − Mix of expertise, skills, experience • Meets as required but generally at every scheduled Board meeting For personal use only − Perspectives desirable to
Slide 16: Risk Committee responsibilities and composition
Stakeholder Engagement 15 Responsibilities Meetings and composition Risk Risk policy The Committee Committee • Oversee, review and monitor adherence to risk related policies including: − Risk strategy and risk appetite statement • Meets prior to every Board Meeting • Is supported by the Group Chief
Slide 17: Audit Committee responsibilities and composition
Stakeholder Engagement 16 Responsibilities Meetings and composition Audit External Audit The Committee Committee • Review the scope, quality and effectiveness of the audit and audit fees • Independent resolution of issues arising from audit reports • Meets quarterly prior to Board meetings and at ad
Slide 18: People and Culture Committee responsibilities and composition
Stakeholder Engagement 17 Responsibilities Meetings and composition People and People & Culture Strategy The Committee Culture • Oversight of the alignment of the people strategies with Group strategy • Review results of and actions arising from the employee engagement survey • Meets quarterly prior
Slide 19: Sustainability Committee responsibilities and composition
Stakeholder Engagement 18 Responsibilities Meetings and composition Sustainability Health, Safety and Wellbeing The Committee Committee • Assessment, review and monitoring of the Group’s: − Health and Safety framework • Meets quarterly prior to Board meetings and at additional times when requested b
Slide 20: Important Notice
Lendlease Stakeholder HY23 Financial Engagement Results 19 Important This document (including the appendix) has been prepared and is issued by Lendlease Corporation Limited (ACN 000 226 228) (Lendlease) in good faith. Neither Lendlease (including any of its controlled entities), nor Lendlease Trust