Viva Energy Group Ltd. · ASX:VEA
Viva Energy — Shareholder Meeting (May 2021)
33 slides from Viva Energy's shareholder meeting presentation, May 26, 2021
Slide 1: 2021 Annual General Meeting
For personal use only 26 May 2021 The Manager Market Announcements Office Australian Securities Exchange Electronic lodgment 2021 Annual General Meeting The following materials are to be presented at Viva Energy’s 2021 Annual General Meeting (AGM) being held today: 1. Chairman and CEO Addresses 2. A
Slide 2: Chairman address
Chairman address Good afternoon, and welcome to Viva Energy’s 2021 Annual General Meeting. I am Robert Hill and I am honoured to serve as the Chairman of Viva Energy. It is now just after 3pm Australian Eastern Standard Time. We have a quorum present and I declare this Annual General Meeting of Viva
Slide 3: Chairman address (continued)
Operations at Geelong refinery were heavily constrained by this reduced demand and, as a result, the Company made the decision to bring forward major maintenance activity and shut down some processing units. Management also took swift action to reduce operating costs, capital expenditure, and re-opt
Slide 4: Chairman address (continued)
in his next endeavours. Jevan Bouzo has been appointed to the expanded role of Chief Operating and Financial Officer, assuming responsibility for supply chain operations in addition to his existing accountabilities. In 2020, we also welcomed Dale Cooper as EGM Refining. Dale brings over 30 years’ ex
Slide 5: CEO Address
CEO Address Thank you Robert. I want to start by echoing Robert’s comments on the significant contribution from our people to keep our business safe and maintain operations through challenging times. I am particularly proud of our strong health and safety performance, which involved swift emergency
Slide 6: CEO address (continued)
Turning now to the recently announced Fuel Security Package, which gives much needed support and confidence in the years ahead for this part of our business. We have spent the last year working closely with the Federal Government to establish a framework that addresses the headwinds faced by the ref
Slide 7: Annual General Meeting 2021
For personal use only Annual General Meeting 2021 Helping people reach their destination
Slide 8: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared by Viva Energy Group presentation. All reasonable care has been taken in preparing upon as an indication or guarantee of future performance. For personal use only Limited, ACN 626 661 032 (“Company” or “Viva Energy”). the informatio
Slide 9: How to Vote
How to Vote For personal use only 1 Click on 2 Enter your Shareholder Number 3 Fill out your voting card for Get a Voting Card (SRN/HRN) or Proxy Number and each item of business and on the top and bottom click Submit Details and Vote click Submit Vote or of your screen Submit Partial Vote ? If you
Slide 10: How to Ask Questions
How to Ask Questions For personal use only 1 Click on Ask a Question 2 Select an item of business from the on the top and bottom drop-down menu and type your question of your screen in the space provided. When ready, click on Submit Question ? If you experience any technical difficulties, please cal
Slide 11: Board of Directors
Board of Directors For personal use only Robert Hill Scott Wyatt Arnoud De Meyer Jane McAloon Chairman Chief Executive Officer Independent Independent Independent Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Sarah Ryan Dat Duong Michael Muller Independent H
Slide 12: Chairman's Address
For personal use only Chairman’s Address Robert Hill Viva Energy Group Limited Annual General Meeting 2021 6
Slide 13: Chairman's Address
Chairman’s Address For personal use only Geelong – FSP Capital Board and ELT Performance and Energy Hub Management Changes Viva Energy Group Limited Annual General Meeting 2021 7
Slide 14: Chairman's Address
Chairman’s Address For personal use only Geelong – FSP Capital Board and ELT Performance and Energy Hub Management Changes Viva Energy Group Limited Annual General Meeting 2021 8
Slide 15: Chairman's Address
Chairman’s Address For personal use only Geelong – FSP Capital Board and ELT Performance and Energy Hub Management Changes Viva Energy Group Limited Annual General Meeting 2021 9
Slide 16: Chairman's Address
Chairman’s Address For personal use only Geelong – FSP Capital Board and ELT Performance and Energy Hub Management Changes Viva Energy Group Limited Annual General Meeting 2021 10
Slide 17: CEO's Address
For personal use only CEO’s Address Scott Wyatt Viva Energy Group Limited Annual General Meeting 2021 11
Slide 18: Safety
Safety Total recordable injury frequency rate1 Loss of Containment Events2 For personal use only 5.8 39 4.7 4.5 4.6 29 29 3.6 26 19 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 Key achievements • Improved recordable injury performance across business • Focus on mental health and wellbeing frame
Slide 19: Business performance
Business performance For personal use only $M FY2019 FY2020 Comparison Retail, fuels & Marketing: Retail 564.3 670.8 18.9% Commercial 296.5 238.3 (19.6%) Supply, Corporate & Overhead (333.3) (294.6) 11.6% Non-Refining EBITDA (RC) 527.5 614.5 16.5% Refining EBITDA (RC) 117.0 (95.1) n/a Underlying EBI
Slide 20: Geelong
Geelong For personal use only Federal Government Fuel Security Package1 • Important reform that provides long-term support for the refining sector and underpins continued operations and investment at the Geelong Refinery • Expected to commence from 1 July 2021 • Designed to provide support during pe
Slide 21: Formal Business
For personal use only Formal Business Robert Hill Viva Energy Group Limited Annual General Meeting 2021 15
Slide 22: Items of Business
Items of Business For personal use only 1 Financial Report, Directors’ Report and Auditor’s Report 2 Adopt Remuneration Report 3(a) Re-elect Sarah Ryan as a Director of the Company 3(b) Elect Michael Muller as a Director of the Company 4 Grant Performance Rights to Scott Wyatt under the Company’s Lo
Slide 23: Financial Report, Directors' Report and Auditor's Report
Item 1 Financial Report, Directors’ Report and Auditor’s Report For personal use only To consider the Company’s Financial Report, Directors’ Report and Auditor’s Report for the financial year ended 31 December 2020. There is no vote for this item. Viva Energy Group Limited Annual General Meeting 202
Slide 24: Adopt Remuneration Report
Item 2 Adopt Remuneration Report For personal use only To adopt the Company’s Remuneration Report for the financial year ended 31 December 2020. The vote on this item is advisory only and does not bind the Board or the Company Viva Energy Group Limited Annual General Meeting 2021 18
Slide 25: Adopt Remuneration Report: Voting Results
Item 2 Adopt Remuneration Report For personal use only Direct and Proxy Votes % of Vote FOR 1,397,653,184 99.74% AGAINST 2,998,320 0.21% OPEN 659,115 0.05% ABSTAIN 9,517,831 Viva Energy Group Limited Annual General Meeting 2021 19
Slide 26: Re-elect Sarah Ryan as a Director
Item 3(a) Re-elect Sarah Ryan as a Director of the Company For personal use only Appointed as a Director: 18 June 2018 Board Committees: Chair of the Audit and Risk Committee Member of the Sustainability Committee Member of the Investment Committee Background Sarah Ryan has over 30 years of internat
Slide 27: Item 3(a) Voting Results
Item 3(a) Re-elect Sarah Ryan as a Director of the Company For personal use only Direct and Proxy Votes % of Vote FOR 1,381,226,913 98.03% AGAINST 27,138,234 1.93% OPEN 677,742 0.05% ABSTAIN 1,691,313 Viva Energy Group Limited Annual General Meeting 2021 21
Slide 28: Elect Michael Muller as a Director
Item 3(b) Elect Michael Muller as a Director of the Company For personal use only Appointed as a Director: 1 October 2020 Board Committees: Member of the Sustainability Committee Member of the Investment Committee Background Mike Muller joined Vitol in London in 2018 and moved to Singapore in 2019 w
Slide 29: Item 3(b) Voting Results
Item 3(b) Elect Michael Muller as a Director of the Company For personal use only Direct and Proxy Votes % of Vote FOR 1,406,697,610 99.83% AGAINST 1,751,357 0.12% OPEN 678,090 0.05% ABSTAIN 1,694,673 Viva Energy Group Limited Annual General Meeting 2021 23
Slide 30: Grant Performance Rights to Scott Wyatt
Item 4 Grant Performance Rights to Scott Wyatt under the Company’s Long Term Incentive Plan For personal use only To approve for all purposes, including ASX Listing Rule 10.14, the grant of 905,501 Performance Rights to Scott Wyatt, the Company’s Chief Executive Officer and Managing Director, under
Slide 31: Performance Rights Grant: Voting Results
Item 4 Grant Performance Rights to Scott Wyatt under the Company’s Long Term Incentive Plan For personal use only Direct and Proxy Votes % of Vote FOR 1,398,175,367 99.78% AGAINST 2,338,186 0.17% OPEN 784,674 0.06% ABSTAIN 9,546,343 Viva Energy Group Limited Annual General Meeting 2021 25
Slide 32: Thank you
For personal use only Thank you Please complete your voting Viva Energy Group Limited Annual General Meeting 2021
Slide 33: For personal use only
For personal use only VIVA EnergyAustralia