Rubicon Water Limited · ASX:RWL
Rubicon Water — Shareholder Meeting (November 2023)
33 slides from Rubicon Water's shareholder meeting presentation, Nov 16, 2023
Slide 1: Rubicon Water Annual General Meeting
Angeli Cerese, Italy For personal use only RUBICON WATER Annual General Meeting 16 November 2023 Presenters: Gordon Dickinson, Chair Bruce Rodgerson, CEO ASX:RWL 1
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER This presentation has been prepared by Rubicon Water Limited (Company) to provide summary information ‒ if you are outside Australia, you are a person to whom the provision of the information in this presentation is For personal use only about the Company and its asso
Slide 3: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER None of the Advisers have authorised, permitted or caused the issue or lodgement, submission, dispatch or Company. None of the Company, or any other Limited Party, makes any representation or warranty as to the For personal use only provision of this presentation and
Slide 4: Gordon Dickinson, Chairman
RUBICON WATER | Annual General Meeting For personal use only Gordon Dickinson, Chairman 4
Slide 5: Welcome to the Board
WELCOME TO THE BOARD | Annual General Meeting For personal use only Bruce Rodgerson David Aughton Lynda O'Grady Iven Mareels Tony Morganti Chief Executive Officer Executive Director Independent Non-Executive Independent Non-Executive Independent Non-Executive Director Director Director 5
Slide 6: Gordon Dickinson, Chairman
RUBICON WATER | Annual General Meeting For personal use only Gordon Dickinson, Chairman 6
Slide 7: Bruce Rodgerson, CEO
RUBICON WATER | Annual General Meeting For personal use only Bruce Rodgerson, CEO 7
Slide 8: Company overview and mission
Dedicated to addressing water scarcity by providing innovative solutions to For personal use only governments, water management utilities, and growers. Our mission is to increase water availability and agricultural productivity through improved water- use efficiency. With advanced technology and a f
Slide 9: FY23 Overview
FY23 OVERVIEW For personal use only FY23 result impacted by Investment for future contract delays with a growth of the business key customer. Revenue of continued in FY23. $55m and Underlying EBITDA loss of $8.8m. Pipeline progress Positive operating cashflow in 2H Expected to return to continued, i
Slide 10: Project Pipeline
PROJECT PIPELINE For personal use only RWL – PIPELINE PROGRESS NEAR-TERM PROJECTS – BY SEGMENT 1,200 1,000 800 Feb-23 $'M 600 Aug-23 400 +17% 200 - Early Engagement Funding/Solution Development Pricing/T ender/C ontract ANZ Asia Rest of World Long Medium Near NEAR-TERM PROJECT VALUE HAS CONTINUED TO
Slide 11: Globalisation Project: Set-up for Success
GLOBALISATION PROJECT: SET-UP FOR SUCCESS Sales Region Larger Sales Region Manufacturing / Assembly (inc. JVs) Supply Chain Hub For personal use only Gansu JV China Ningxia JV China Modesto USA Shangh ai China MRWTPL Hyderabad India Australia Melbourne & Shepparton Talca Chile Note: Any region can b
Slide 12: FarmConnect offering gaining traction in US and Australia
FARMCONNECT OFFERING GAINING TRACTION IN BOTH THE US & AUSTRALIA For personal use only Gearing our on-farm segment for steady growth in FY24 and beyond 12
Slide 13: Geographic Footprint and Global Thematics
GEOGRAPHIC FOOTPRINT AND GLOBAL THEMATICS Extending resources across international areas with increasing demand Shift in international human resources 2020-2023 New staff For personal use only presence & partner support -10 Reduction in staff on back +2 30 of delivery partner focus 2 +7 Irrigated Cr
Slide 14: Investing in Our People Across Key Markets
INVESTING IN OUR PEOPLE ACROSS KEY MARKETS For personal use only Talca, Chile Girona, Spain Fort Collins, USA Las Toscas, Chile 14
Slide 15: US Market Evolving: Water Stress Driving Federal Investment
US MARKET EVOLVING Water Stress driving federal investment For personal use only Irrigated Croplands Rainfed Croplands Non-Croplands Water Source – United States Geological Survey 15
Slide 16: US Market Evolving: Imperial Irrigation District
US MARKET EVOLVING One of the largest Irrigation Districts moves forward with modernisation plan For personal use only • Last week, the Imperial Irrigation District (IID) board gathered to make the decision on proceeding with a significant Rubicon technology order. • IID is one of the largest irriga
Slide 17: Rubicon Case Studies
Bellavista, Chile •. RUBICON CASE STUDIES POSITIVE NEWS STORIES For personal use only 17
Slide 18: Case Study – Mantova
CASE STUDY – Mantova Angeli Cerese, Italy Angeli Cerese – Pumped Volumes In the first year of operation, Angeli Cerese achieved a For personal use only 40 -25% VOLUME (MMC) -29% 25% water saving, which increased to 29% in the 30 20 second year in comparison to 2010-2021 averages. 10 The enhanced wat
Slide 19: Case Study – Las Toscas
CASE STUDY – Las Toscas Ñuble Region, Chile “In the field we visited the Rubicon For personal use only floodgates, ratifying the excellent operation of the Chillán Viejo rainwater master plan. Giving peace of mind to the citizenship and all the sectors” After almost a decade of careful planning, the
Slide 20: Case Study – Valencia
CASE STUDY – Valencia Tribunal de las Aguas, Spain “We have taken 1,000 years to For personal use only react, to automate the historical irrigation. But hey, since we have had it on, these few months, the savings have been immense.” After 1,000 years of agricultural water supply, the World’s oldest
Slide 21: Thank You
RUBICON WATER | Annual General Meeting For personal use only THANK YOU 21
Slide 22: Proxy Voting Summary
RUBICON WATER | Annual General Meeting For personal use only Gordon Dickinson, Chairman Proxy Voting Summary 38 Security Holders have provided proxy votes for 60,470,562 securities (35.17% of securities on issue) 22
Slide 23: How to Vote
HOW TO VOTE For personal use only • To vote, please access the live link which will now appear in the Zoom chat window, otherwise it can be found on the Notice of Meeting. • When the poll is open, select the vote icon at the top of the screen • To vote, select either For, Against or Abstain • You wi
Slide 24: How to Ask a Question
HOW TO ASK A QUESTION For personal use only • To ask a written question please use the chat function on this Zoom meeting • Type your question and press enter to send your question • Please note that while you can submit questions from now on, I will not address them until the relevant time in the m
Slide 25: Conduct of the Meeting
Griffith, Australia CONDUCT OF THE MEETING For personal use only 25
Slide 26: 1. Annual Report
1. ANNUAL REPORT For personal use only To consider the Annual Report, the Financial Report and the Reports of the Directors and Auditor for the year ended 30 June 2023 26
Slide 27: 2. Adoption of the Remuneration Report
2. ADOPTION OF THE REMUNERATION REPORT For personal use only To adopt the Remuneration Report for the year ended 30 June 2023 27
Slide 28: 2. Adoption of the Remuneration Report – Proxies
2. ADOPTION OF THE REMUNERATION REPORT For personal use only Details of proxy directions received before the Meeting For 24,061,715 99.18% of the proxies received Against 150,821 0.63% of the proxies received Open* 45,000 0.19% of the proxies received * Includes proxy appointments in favour of the C
Slide 29: Retirement & Re-election of Director
California, USA •. RETIREMENT & RE-ELECTION OF DIRECTOR For personal use only 29
Slide 30: 3.4 Retirement & Re-election of David Aughton
3.4 RETIREMENT & RE-ELECTION OF DAVID AUGHTON For personal use only That David Aughton, who retires in accordance with the Company’s Constitution and, being eligible, be re- elected as a Director David Aughton Executive Director 30
Slide 31: 3.4 Re-election of David Aughton – Proxies
3.4 RE-ELECTION OF DAVID AUGHTON For personal use only Details of proxy directions received before the Meeting For 28,180,250 46.60% of the proxies received Against 12,418,553 20.54% of the proxies received Open* 19,871,759 32.86% of the proxies received * Includes proxy appointments in favour of th
Slide 32: RWL Annual General Meeting
RWL | ANNUAL GENERAL MEETING For personal use only Gordon Dickinson, Chairman 32
Slide 33: Contact
For personal use only www.rubiconwater.com CONTACT Bruce Rodgerson Andrew Bendall CEO CFO Bruce.Rodgerson@rubiconwater.com Andrew.Bendall@rubiconwater.com © 2023 Rubicon Water. RUBICON logo and BayDrive, BladeMeter, BladeValve, CableDrive, FarmConnect, FerIT, FlumeGate, FlumeMeter, FormiPanel, Micro