Murray Cod Australia Limited · ASX:MCA
Murray Cod Australia — Shareholder Meeting (December 2020)
13 slides from Murray Cod Australia's shareholder meeting presentation, Dec 18, 2020
Slide 1: MCA Annual General Meeting
MCA ANNUAL GENERAL MEETING 18 December 2020 Update
Slide 2: Progress During the Pandemic
PROGRESS DURING THE PANDEMIC Thank you to all our stakeholders
Slide 3: COVID-19 Effect
COVID-19 EFFECT It was dramatic but well countered: • Pivot strategy to domestic retail had good results • Volume budgets were still achieved for FY 2020 • Pricing was maintained • Exports currently almost nil • Added a live Aquna Murray Cod delivery business: • Melbourne • Sydney • Adelaide. 3 aqun
Slide 4: 10,000 Tonne Target Still on Track
10,000 TONNE TARGET STILL ON TRACK Domestic Demand International Growth At current pricing we expect This remains the major focus as the domestic market demand stock becomes available. We still to grow to 3,000 tonnes. expect 80% of sales will ultimately be exports. 4 aquna.com
Slide 5: Progress During the Year
PROGRESS DURING THE YEAR • People • Facilities • Finance • Research and development • Brand development. aquna.com 5
Slide 6: People
PEOPLE Operations Sales Building management structure • Currently building the in operations: domestic sales team with • Whitton recruitment occurring in • Bilbul. Melbourne and Sydney. • Maintaining presence in USA Japan and Europe. • Will expand international team in 2021 as pandemic eases. aquna.
Slide 7: Facilities
FACILITIES • Stage one of Whitton completed on time. • Whitton site now stocked and operational. • New hatchery acquired in April 2020 performing better than budgeted. aquna.com 7
Slide 8: Finance
FINANCE New Westpac Debt Facilities - $5.45 million (currently undrawn) • New Term debt facility of $3.95 million • New Equipment Finance Facility $1.5 million. Existing Debt Facility - $2.5 million (currently undrawn) • Existing overdraft facility remains in place. aquna.com 8
Slide 9: Research and Development
RESEARCH AND DEVELOPMENT Genetics programme Production and nutrition • Government funding • Improvement in processes has approved for project with already delivered 50% gains in CSIRO. productivity since inception. • We expect this will be the • Current work aimed at single largest boost to reducing
Slide 10: Brand Development
BRAND DEVELOPMENT • Work continues on developing a globally recognised brand. • Will expand domestic and international marketing team as pandemic eases. • Trade shows to recommence in 2021.
Slide 11: Awards
steee e583 AQUNA ‘Sustainable Murray Cod AWARDS eh AAA 2019 Winner of = faystsAP BUSINESS AWARDS (eel ps ait, §xcellence in Sustainability 2018 STATE WINNER NSW Business Chamber . & Excellence in Innovation
Slide 12: Disclaimer
DISCLAIMER This presentation has been prepared by Murray Cod Australia Limited (the “Company”). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not treat the contents of this presentatio
Slide 13: More Information contact: Ross Anderson
More Information contact: Ross Anderson Ph +61 2 69 625 470 www.aquna.com
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