James Hardie Industries Plc. · NYSE:JHX
James Hardie Industries — Shareholder Meeting (August 2014)
15 slides from James Hardie Industries's shareholder meeting presentation, Aug 15, 2014
Slide 1: Annual General Meeting - Chairman's Address
8/15/2014 For personal use only Annual General Meeting 15 August 2014 Annual General Meeting 15 August 2014 Chairman’s Address – Michael Hammes PAGE 2 1
Slide 2: CEO's Address - Group Overview
8/15/2014 For personal use only Annual General Meeting 15 August 2014 CEO’s Address – Louis Gries PAGE 3 1 GROUP OVERVIEW Q1 Q1 % US$ Millions 1 FY 2015 FY 2014 Change Net operating profit 28.9 142.2 (80) Adjusted net operating profit 50.1 52.0 (4) Adjusted diluted earnings per share (US cents) 11 1
Slide 3: USA and Europe / Asia Pacific Fiber Cement 1st Quarter Result
8/15/2014 USA AND EUROPE FIBER CEMENT For personal use only 1 1st Quarter Result Net Sales up 16% to US$321.5 million Sales Volume up 8% to 463.3 mmsf Average Price up 7% to US$680 per msf EBIT up 14% to US$68.0 million EBIT Margin down 0.2 pts to 21.2% 1 Comparisons are of the 1st quarter of the cu
Slide 4: Group Outlook
8/15/2014 GROUP OUTLOOK For personal use only USA and Europe Fiber Cement • The US operating environment continues to recover, but at a more modest pace than expected earlier this year • The recent flattening in housing activity has created some uncertainty about the pace of the recovery in the shor
Slide 5: Resolution 1: Financial Statements and Reports for Fiscal Year 2014
8/15/2014 For personal use only RESOLUTION 1: Financial Statements and Reports for Fiscal Year 2014 • To receive and consider the financial statements and reports of the Directors and external auditor for the fiscal year ended 31 March 2014 PAGE 9 RESOLUTION 1: Financial Statements and Reports for F
Slide 6: Resolution 2: Remuneration Report for Fiscal Year 2014
8/15/2014 For personal use only RESOLUTION 2: Remuneration Report for Fiscal Year 2014 • To receive and consider the Remuneration Report of the company for the fiscal year ended 31 March 2014 PAGE 11 RESOLUTION 2: Remuneration Report for Fiscal Year 2014 PROXY RESULTS: Votes %* For 327,342,449 89.78
Slide 7: Resolution 3: Election/Re-election of Directors
8/15/2014 For personal use only RESOLUTION 3: Election/Re-election of Directors a. That Russell Chenu be elected as a director b. That Michael Hammes, who retires by rotation in accordance with the Articles of Association, be re- elected as a director c. That Rudolf van der Meer, who retires by rota
Slide 8: Resolution 3(b) and 3(c): Re-election of Directors
8/15/2014 For personal use only RESOLUTION 3(b): Re-election of Director – Michael Hammes PROXY RESULTS: Votes %* For 358,924,079 98.32 Against 6,025,374 1.65 Open 108,620 0.03 Abstain 237,954 N/A Excluded 0 N/A * Percentages have been rounded PAGE 15 RESOLUTION 3(c): Re-election of Director – Rudol
Slide 9: Resolution 4: Authority to Fix the External Auditor's Remuneration
8/15/2014 For personal use only RESOLUTION 4: Authority to Fix the External Auditor’s Remuneration • That the Board be authorised to fix the remuneration of the external auditor for the financial year ended 31 March 2015 PAGE 17 RESOLUTION 4: Authority to Fix the External Auditor’s Remuneration PROX
Slide 10: Resolution 5: Increase Non-executive Director Fee Pool
8/15/2014 For personal use only RESOLUTION 5: Increase Non-executive Director Fee Pool • Approve an increase in the maximum remuneration payable to non-executive directors PAGE 19 RESOLUTION 5: Increase Non-executive Director Fee Pool PROXY RESULTS: Votes %* For 361,919,202 99.55 Against 1,551,385 0
Slide 11: Resolution 6: Grant of Return on Capital Employed RSUs
8/15/2014 For personal use only RESOLUTION 6: Grant of Return on Capital Employed Restricted Stock Units • Approve the grant of Return on Capital Employed Restricted Stock Units (RSUs) under the company’s Long Term Incentive Plan to the CEO, Louis Gries PAGE 21 RESOLUTION 6: Grant of Return on Capit
Slide 12: Resolution 7: Grant of Relative TSR RSUs
8/15/2014 For personal use only RESOLUTION 7: Grant of Relative Total Shareholder Return (TSR) RSUs • Approve the grant of RSUs with a Relative Total Shareholder Return (TSR) hurdle under the company’s Long Term Incentive Plan to the CEO, Louis Gries PAGE 23 RESOLUTION 7: Grant of Relative Total Sha
Slide 13: Other Items of Business
8/15/2014 For personal use only Other Items of Business PAGE 25 Annual General Meeting 15 August 2014 13
Slide 14: Disclaimer
8/15/2014 For personal use only Disclaimer: This Management Presentation contains forward-looking statements. James Hardie may from time to time make forward-looking statements in its periodic reports filed with or furnished to the SEC, on Forms 20-F and 6-K, in its annual reports to shareholders, i
Slide 15: For personal use only
8/15/2014 For personal use only Annual General Meeting 15 August 2014 15
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