Arena Reit · ASX:ARF
Arena Reit — Shareholder Meeting (November 2022)
26 slides from Arena Reit's shareholder meeting presentation, Nov 24, 2022
Slide 1: Arena REIT Annual General Meeting 24 November 2022
ARENA REIT For personal use only Better Communities. Together.. Annual General Meeting 24 November 2022
Slide 2: Chair's Address
For personal use only CHAIR’S ADDRESS David Ross
Slide 3: Arena Directors
ARENA DIRECTORS For personal use only From left: Gareth Winter, David Ross, Rob de Vos, Rosemary Hartnett, Dennis Wildenburg, Simon Parsons. 3 ARENA REIT 2022 ANNUAL GENERAL MEETING
Slide 4: Agenda
AGENDA For personal use only Hybrid Meeting Instructions 4 Chair’s Address 7 Managing Director’s Report 11 Questions 15 Formal Business 16 Meeting Close 25 Important Notice 26 Arena REIT acknowledges the traditional custodians of the lands on which our business and assets operate, and recognises the
Slide 5: Asking Text Questions Online
ASKING TEXT QUESTIONS ONLINE For personal use only 5 ARENA REIT 2022 ANNUAL GENERAL MEETING
Slide 6: Asking Audio Questions Online
ASKING AUDIO QUESTIONS ONLINE For personal use only 6 ARENA REIT 2022 ANNUAL GENERAL MEETING
Slide 7: Voting Online
VOTING ONLINE For personal use only 7 ARENA REIT 2022 ANNUAL GENERAL MEETING
Slide 8: FY22 Highlights
$334 million $56 million FY22 HIGHLIGHTS For personal use only Statutory net Net operating Positive investment and community profit profit outcomes +102% on FY21 +8.4% on FY21 • 102% growth in statutory net profit driven by increase in operating profit and investment property and derivatives revalua
Slide 9: Sustainability
SUSTAINABILTY For personal use only Investment proposition and partnership approach drives sustainable and commercial outcomes • Sustainability is integral to Arena’s investment approach and best positions Arena to achieve positive long term commercial and community outcomes. • Arena’s portfolio fac
Slide 10: Delivering on Investment Objective
DELIVERING ON INVESTMENT OBJECTIVE For personal use only Earnings and distributions per security (cents) To generate attractive and predictable distributions to investors 16.8 with earnings growth prospects over 16.016.3 14.6 14.8 15.2 the medium to long term. 15 14.0 13.513.8 12.813.1 12.012.3 • Re
Slide 11: Managing Director's Report
For personal use only MANAGING DIRECTOR’S REPORT Rob de Vos
Slide 12: Delivering on Strategy
DELIVERING ON STRATEGY For personal use only Ongoing strategy discipline and partnership approach Portfolio management1: Working in partnership1: • Long portfolio WALE (by income) of 19.8 • Continue to progress solar renewable energy years. program; currently installed on 80% of Arena’s • Portfolio
Slide 13: Portfolio Overview
PORTFOLIO OVERVIEW For personal use only Number of 30 June 2022 Net valuation movement 30 June 2022 Change versus assets1 valuation versus 30 June 2021 passing yield 30 June 2021 $m $m % % bps Early Learning portfolio 252 1,287.6 +232.1 +24.2% 4.90% -94 Healthcare portfolio 11 174.3 +22.4 +14.6% 5.0
Slide 14: Outlook
OUTLOOK For personal use only Long term income predictability with inflation protection IN C OME GR OWTH • Reaffirm FY23 distribution guidance of 16.8 cents per security, an increase of 5%1 on FY22. • Attractive rent review structure with embedded income growth and inflation protection: >80% of FY23
Slide 15: Questions
For personal use only QUESTIONS
Slide 16: Formal Business
For personal use only FORMAL BUSINESS
Slide 17: Ordinary Business: Financial Reports
ORDINARY BUSINESS For personal use only Financial Reports To receive and consider the Financial Report, the Directors’ Report and the Auditor’s Report, each for the financial year ended 30 June 2022. 17 ARENA REIT 2022 ANNUAL GENERAL MEETING
Slide 18: Resolution 1: Remuneration Report
ORDINARY BUSINESS For personal use only Resolution 1: Non-binding advisory vote on the Remuneration Report To consider and, if thought fit, pass the following as an advisory resolution of the Company: ‘That the Remuneration Report for the financial year ended 30 June 2022 be adopted.’ Proxy voting r
Slide 19: Resolution 2: Re-election of Dr Simon Parsons
OTHER BUSINESS For personal use only Resolution 2: Re-election of Dr Simon Parsons as a director of the Company To consider and, if thought fit, pass the following as an ordinary resolution of the Company: ‘That Dr Simon Parsons who retires by rotation in accordance with ASX Listing Rules 14.4 and 1
Slide 20: Resolution 3: Re-election of Ms Rosemary Hartnett
OTHER BUSINESS For personal use only Resolution 3: Re-election of Ms Rosemary Hartnett as a director of the Company To consider and, if thought fit, pass the following as an ordinary resolution of the Company: ‘That Ms Rosemary Hartnett who retires by rotation in accordance with ASX Listing Rules 14
Slide 21: Resolution 4: Deferred STI rights to Rob de Vos
OTHER BUSINESS For personal use only Resolution 4: Grant of deferred STI rights to Mr Rob de Vos To consider and, if thought fit, pass the following as separate ordinary resolutions of the Company and each of the Trusts: ‘That for the purposes of ASX Listing Rule 10.14 and for all other purposes, th
Slide 22: Resolution 5: LTI performance rights to Rob de Vos
OTHER BUSINESS For personal use only Resolution 5: Grant of LTI performance rights to Mr Rob de Vos To consider and, if thought fit, pass the following as separate ordinary resolutions of the Company and each of the Trusts: ‘That for the purposes of ASX Listing Rule 10.14 and for all other purposes,
Slide 23: Resolution 6: Deferred STI rights to Gareth Winter
OTHER BUSINESS For personal use only Resolution 6: Grant of deferred STI rights to Mr Gareth Winter To consider and, if thought fit, pass the following as separate ordinary resolutions of the Company and each of the Trusts: ‘That for the purposes of ASX Listing Rule 10.14 and for all other purposes,
Slide 24: Resolution 7: LTI performance rights to Gareth Winter
OTHER BUSINESS For personal use only Resolution 7: Grant of LTI performance rights to Mr Gareth Winter To consider and, if thought fit, pass the following as separate ordinary resolutions of the Company and each of the Trusts: ‘That for the purposes of ASX Listing Rule 10.14 and for all other purpos
Slide 25: Close
For personal use only CLOSE MEETING
Slide 26: Important Notice
IMPORTANT NOTICE For personal use only This presentation has been prepared by Arena REIT (Arena) comprising Arena REIT Limited (ACN 602 365 186), Arena REIT Management Limited (ACN 600 069 761 AFSL No. 465754) as responsible entity of Arena REIT No.1 (ARSN 106 891 641) and Arena REIT No.2 (ARSN 101