Morphic Ethical Equities Fund Ltd. · ASX:MEC
Morphic Ethical Equities Fund — Shareholder Meeting (December 2021)
31 slides from Morphic Ethical Equities Fund's shareholder meeting presentation, Dec 3, 2021
Slide 1: AGM Chairman's Address and Presentation
ASX: MEC 3 December 2021 For personal use only Market Announcements Platform Australian Securities Exchange 20 Bridge Street Sydney NSW 2000 AGM Chairman’s Address and Presentation Please find attached the following documents to be delivered at MEC’s AGM today: - Chairman’s address; and - AGM Presen
Slide 2: 2021 Annual General Meeting – Chairman's Address
2021 ANNUAL GENERAL MEETING – CHAIRMAN’S ADDRESS Good morning ladies and gentlemen. For personal use only On behalf of the Board, I would like to welcome all Morphic Ethical Equities Fund shareholders, invited guests and other visitors to our 2021 Annual General Meeting. My name is JoAnna Fisher and
Slide 3: Chairman's Address: Questions and Voting Process
Questions can be submitted at any time. To ask a question, select the messaging tab at the top of the Lumi platform. At the top of that tab there is a section for you to type your question. Once you have finished typing please hit the arrow symbol to send. Please note that while you can submit quest
Slide 4: NTA and Final Dividend Declared
At September 30th, MEC’s pre-tax NTA was $1.5040 and its post-tax NTA was $1.3791 per share. For reference, at September 30th, 2020, MEC’s pre-tax NTA was $1.1872 (+26.7%) and its post- tax NTA was $1.1563 (+16.2%) per share. I am very pleased to announce that the Board has declared a fully franked
Slide 5: Resolutions: Re-election of Director and Change of Auditor
RESOLUTION 2 – RE-ELECTION OF DIRECTOR The next item of business to consider and if thought fit to pass the following resolution “That Mr Jack Lowenstein, who retires by rotation in accordance with rule 6.7 of the Company’s Constitution and, being eligible, offers himself for re-election, be re-elec
Slide 6: AGM Presentation
For personal use only Global Responsible Investors December 2021 1 Global Responsible Investors
Slide 7: AGM Agenda
AGM Agenda For personal use only • Consideration of Financial Statements and Reports • Resolution 1: Remuneration Report • Resolution 2: Re-Election of Jack Lowenstein as a Director • Resolution 3: Change of Auditor • Portfolio Update 2 Global Responsible Investors
Slide 8: For personal use only
For personal use only 3 Global Responsible Investors
Slide 9: Online Attendees – Text Question Process
Online Attendees – Text Question Process For personal use only When the question function is 123-456-789 available, the messaging tab will appear at the top of the screen To submit a question, type your question in the “Ask a question” box and press the send arrow Your question will be sent immediat
Slide 10: Online Attendees – Audio Question Process
Online Attendees – Audio Question Process 123-456-789 For personal use only When the audio questions line is available, a link will appear on the home tab titled Asking Audio Questions If you would like to ask an audio question, pause the meeting broadcast and click on the link You will be prompted
Slide 11: Online Attendees – Voting Process
Online Attendees – Audio Question Process For personal use only When open, the vote will be accessible by selecting the voting tab at the top of the screen To vote simply select the direction in which you would like to cast your vote. The selected option will change colour For Against Abstain There
Slide 12: Company Results
Company Results Company Performance Dividends For personal use only Year ended Year ended Amount 30 September 2020 30 September 2021 Pre-Tax Operating Profit $ 3.50m $ 19.8m Total Dividend 2021 5.5¢ per share Post-Tax Operating Profit Interim Dividend $ 2.43m $ 13.9m 2.5¢ per share (Payment date: 5t
Slide 13: Financial Statements
Financial Statements For personal use only To receive and consider the Financial Report, Directors’ Report and Auditor’s Report for the Company for the financial year ended 30 September 2021. There is no requirement for shareholders to approve these reports. 8 Global Responsible Investors
Slide 14: Resolution – Remuneration Report
RESOLUTION 1 – Remuneration Report For personal use only “That the Remuneration Report of the Company (which forms part of the Directors' Report) for the financial year ended 30 September 2021 be adopted.” 9 Global Responsible Investors
Slide 15: Resolution – Re-Election of Jack Lowenstein
RESOLUTION 2 – Re-Election of Jack Lowenstein For personal use only “That Mr. Jack Lowenstein, who retires by rotation in accordance with rule 6.7 of the Company’s Constitution and, being eligible, offers himself for re-election, be re-elected as a director of the Company.” 10 Global Responsible Inv
Slide 16: Resolution – Change of Auditor
RESOLUTION 3 – Change of Auditor For personal use only “Subject to ASIC consenting to the resignation of Pitcher Partners as auditor of the Company, that pursuant to section 327B of the Corporations Act and for all other purposes, EY be appointed as auditor of the Company with effect on from the dat
Slide 17: For personal use only
For personal use only 12 Global Responsible Investors
Slide 18: For personal use only
For personal use only 13 Global Responsible Investors
Slide 19: For personal use only
For personal use only 14 Global Responsible Investors
Slide 20: Portfolio Thematics
Portfolio Thematics For personal use only 15 Global Responsible Investors
Slide 21: Portfolio Thematics
Portfolio Thematics For personal use only 16 Global Responsible Investors
Slide 22: Portfolio Thematics
Portfolio Thematics For personal use only 17 Global Responsible Investors
Slide 23: Portfolio Thematics
Portfolio Thematics For personal use only 18 Global Responsible Investors
Slide 24: Portfolio Thematics
Portfolio Thematics For personal use only 19 Global Responsible Investors
Slide 25: Portfolio Thematics
Portfolio Thematics For personal use only 20 Global Responsible Investors
Slide 26: Positioning Considerations
Positioning Considerations For personal use only • Fiscal Stimulus • Inflation – Structural or Transitory • Pricing leverage • Monetary Policy/Rising Rates • Capex/Inventory Replenishment • Supply chain • Consumer Spending • Valuation Compression • Reopening Momentum • New COVID-19 variants 21 Globa
Slide 27: Morphic Ethical Equities Fund Performance
Morphic Ethical Equities Fund Performance MEC Share Price vs NTA1 AUD, weekly, October 2019 –November 2021 Dividend - cents per share per calendar year For personal use only 1.5 5.5 6.0 1.3 1.1 2.5 0.9 2.0 2.0 Share Price Pre-tax NTA 0.7 Jan-20 Jan-21 Sep-20 Sep-21 Oct-19 Dec-19 Oct-20 Dec-20 Oct-21
Slide 28: ESG In Focus
ESG In Focus For personal use only Sustainable Home Fast Fashion is Renovation about to Slow Down Plastic pandemic Supply Chain Circular Economy Circular Economy Sustainability part II 23 Global Responsible Investors
Slide 29: For personal use only
For personal use only 24 Global Responsible Investors
Slide 30: For personal use only
For personal use only 25 Global Responsible Investors
Slide 31: Morphic Asset Management – Contact and Disclaimer
Morphic Asset Management Level 11, 179 Elizabeth St For further enquiries: Sydney 2000 For personal use only Investor Relations Team New South Wales Phone:+612 9021 7701 Australia Email: info@ellerstoncapital.com Disclaimer: Unless specifically indicated, this presentation is for information purpose
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