Fbr Limited · ASX:FBR
Fbr — Shareholder Meeting (November 2024)
28 slides from Fbr's shareholder meeting presentation, Nov 18, 2024
Slide 1: FY2024 Annual General Meeting Presentation
ASX:FBR ets ; Ans ; FY2024 Annual General Meeting Presentation 18 November 2024
Slide 2: Introduction
Introd Richard Grellman Non-€; Chairmar Nancy Milne Non-Executive Director Mike Pivac Glenn Cooper Managing D Non-Executive Director Mark Pivac Aidan Flynn Director & Company Secret cchnical Officer Chief Shannon Robinson Non-€ cutive Director
Slide 3: Agenda
1. Notice of Meeting 2. Formal Order of Business 3. Voting 4. Corporate update 5. Shareholder Questions 6. Close of Meeting 3
Slide 4: Formal Order of Business
. ws Formal Order of Business ,
Slide 5: Adoption of the Remuneration Report
Adoption of the Remuneration Report To consider and, if thought fit, to pass the following resolution as an ordinary resolution, noting that the vote on this Resolution is advisory only and is not binding: “That, for the purpose of section 250R(2) of the Corporations Act and for all other purposes,
Slide 6: Election of Director – Mr Glenn Cooper
Election of Director – Mr Glenn Cooper To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That for the purposes of Article 6.3 of the Constitution, Listing Rule 14.4 and for all other purposes, Mr Glenn Cooper, who was appointed as an additional Director by
Slide 7: Election of Director – Ms Shannon Robinson
Election of Director – Ms Shannon Robinson To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That for the purposes of Article 6.3 of the Constitution, Listing Rule 14.4 and for all other purposes, Ms Shannon Robinson, who was appointed as an additional Dir
Slide 8: Re-Election of Director – Mr Mark Pivac
Re-Election of Director – Mr Mark Pivac To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That Mr Mark Pivac, a Director who retires by rotation in accordance with Article 6.3 of the Constitution, Listing Rule 14.4 and for all other purposes, being eligibl
Slide 9: Approval of 7.1A 10% Placement Facility
Approval of 7.1A 10% Placement Facility To consider and, if thought fit, to pass the following resolution as a special resolution: "That, for the purpose of Listing Rule 7.1A and for all other purposes, approval is given for the issue of up to that number of Equity Securities as is equal to up to 10
Slide 10: Ratification of prior issue of January Placement Shares under Listing Rule 7.1
Ratification of prior issue of January Placement Shares under Listing Rule 7.1 To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 7.4 and for all other purposes, Shareholders ratify and approve the previous issue of 46
Slide 11: Ratification of prior issue of August Placement Shares under Listing Rule 7.1A
Ratification of prior issue of August Placement Shares under Listing Rule 7.1A To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 7.4 and for all other purposes, Shareholders ratify and approve the previous issue of 32
Slide 12: Issue of Class A Performance Rights to Mr Michael Pivac
Issue of Class A Performance Rights to Mr Michael Pivac To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.14 and for all other purposes, approval is given for the issue of 25,000,000 Class A Performance Rights to C
Slide 13: Issue of Class A Performance Rights to Mr Mark Pivac
Issue of Class A Performance Rights to Mr Mark Pivac To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.14 and for all other purposes, approval is given for the issue of 25,000,000 Class A Performance Rights to CTO
Slide 14: Issue of Class B Performance Rights to Mr Michael Pivac
Issue of Class B Performance Rights to Mr Michael Pivac To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.14 and for all other purposes, approval is given for the issue of 25,000,000 Class B Performance Rights to C
Slide 15: Issue of Class B Performance Rights to Mr Mark Pivac
Issue of Class B Performance Rights to Mr Mark Pivac To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.14 and for all other purposes, approval is given for the issue of 25,000,000 Class B Performance Rights to CTO
Slide 16: Issue of Class C Performance Rights to Mr Michael Pivac
Issue of Class C Performance Rights to Mr Michael Pivac To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.14 and for all other purposes, approval is given for the issue of 25,000,000 Class C Performance Rights to C
Slide 17: Issue of Class C Performance Rights to Mr Mark Pivac
Issue of Class C Performance Rights to Mr Mark Pivac To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.14 and for all other purposes, approval is given for the issue of 25,000,000 Class C Performance Rights to CTO
Slide 18: Corporate Update
Corporate Update
Slide 19: FY2024 highlights
• Further strengthened IP portfolio with next-generation Hadrian X® related patents, further solidifying market-leading IP position • Suite of agreements with CRH Ventures – representing a significant opportunity for FBR and expansion of WaaS® globally • US$2.0m JV Option (US$1.6m received so far) •
Slide 20: Safety, quality and continuous improvement
Incidents • FBR continues to implement a culture of safety, quality and continuous 80 71 improvement, ensuring our operations are executed safely, to the highest 60 52 standard and our people go home safely at the end of each day 40 • As we grow, so does the need to maintain quality and mitigate the
Slide 21: CRH Ventures partnership and JV option
• CRH Ventures, subsidiary of CRH plc (NYSE:CRH, ~US$70bn market cap) • A leading supplier of building materials with established operations globally • A U.S. JV providing WaaS® will generate new revenue streams and • Currently undertaking 10 home Demonstration Program with CRH differentiated produc
Slide 22: Demonstration Program homes
1 2 3 4 5 6 Single storey Layout: 3 Bedroom, 2 Bathroom, Double Garage Builder: New Century USA New Century USA Christopher Alan Homes Christopher Alan Homes New Century USA New Century USA Robot: Next-generation Hadrian X (H03) Wall Area: 166m2 166m2 135m2 135m2 164m2 166m2 Besser Blocks (Concrete
Slide 23: Hadrian X Manufacturing
Hadrian X® Manufacturing • Development roadmap outlines updates to modules of each • H04 (Isuzu) currently ~94% complete individual Hadrian X® configuration as additional units are manufactured • H05 (Mack) manufacturing progressing – First Mack truck expected to arrive 30 Nov • Areas of development
Slide 24: Fully underwritten Share Purchase Plan to raise up to $8 million
• Fully underwritten Share Purchase Plan to raise up to $8 million at $0.038 before costs, representing an 11.6% discount to close price on 31 October 2024 Timetable Event Date • Offer open to eligible shareholders to purchase up to $30,000 of 5.00pm (AWST), Friday, 1 November new fully paid ordinar
Slide 25: Upcoming milestones and indicative timing
Event Indicative timing ✓ Successful execution of Factory Acceptance Test (FAT) Completed ✓ Transport of Hadrian X® to the US Completed ✓ Successful execution of Site Acceptance Test (SAT) in Florida Completed ✓ Formal appointment of builders for Demonstration Program Completed ✓ Build first six hom
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Slide 27: Important Notice
Important Notice This presentation has been prepared by FBR Limited. This document contains background information about FBR Limited which is current as at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complete. Recipients should condu
Slide 28: Contact
: T: +61 8 9380 0240 E: investor@fbr.com.au : Graphical user interface, text, application Graphical user interface, text, application Graphical user interface, text, application Graphical user interface, text, application Graphical user interface, text, application Description automatically generate