Mcpherson's Limited · ASX:MCP
Mcpherson's — Shareholder Meeting (November 2022)
31 slides from Mcpherson's's shareholder meeting presentation, Nov 22, 2022
Slide 1: Annual General Meeting
For personal use only Annual General Meeting 22 November 2022 1
Slide 2: Disclaimer
Disclaimer The following provisions apply to this presentation. For personal use only Please consider its contents carefully. Currency of information Historical information The information contained in this presentation is current as at the date of this Past performance information in this presentat
Slide 3: MCP AGM - 2022
For personal use only MCP AGM - 2022 2022 - McPherson's Annual General Meeting 3
Slide 4: Meeting Outline
Meeting Outline For personal use only 01 How to Vote Our Speakers 02 Chairman’s Address ARI MERVIS Chairman 03 CEO & Managing Director’s Address 04 Formal Resolutions Business GRANT PECK CEO & Managing 05 Shareholder Questions Director 2022 -- McPherson's 2022 McPhersons Annual Annual General Genera
Slide 5: Online Attendees – Text Question Process
For personal use only ONLINE ATTENDEES – TEXT QUESTION PROCESS Select the messaging tab and type your question in the Ask a question box. Press the send arrow to submit your message for review. Received Your submitted questions along with any written responses from the meeting team can be found by s
Slide 6: Online Attendees – Text Question Process
ONLINE ATTENDEES – TEXT QUESTION PROCESS Select the messaging tab, select the For personal use only category your question relates to and type your question in the Ask a question box. Press the send arrow to submit your message for review. Received Your submitted questions along with any written res
Slide 7: Online Attendees – Audio Question Process
ONLINE ATTENDEES – AUDIO QUESTION PROCESS Click on the button at the For personal use only bottom of the broadcast window. The meeting broadcast will be replaced with the audio questions interface. Confirm your name, enter the topic of your question and click Submit Request. Follow the instructions
Slide 8: Online Attendees – Audio Question Process
ONLINE ATTENDEES – AUDIO QUESTION PROCESS Click on the button at the For personal use only bottom of the broadcast window. The meeting broadcast will be replaced with the audio questions interface. Confirm your name, enter the topic of your question and click Submit Request. Follow the instructions
Slide 9: Online Attendees – Voting
For personal use only ONLINE ATTENDEES – VOTING When open, the vote will be accessible by selecting the voting tab at the top of the screen. To vote simply select the direction in which you would like to cast your vote. The selected option will change colour. For Against Abstain There is no submit o
Slide 10: In Room Attendees – Voting Process
IN ROOM ATTENDEES – VOTING PROCESS When voting opens, use the scroll wheel For personal use only to highlight the resolution you wish to vote on then press Mr Smith You have voted on 0 of 3 items Resolution 1 Resolution 2 Resolution 3 Once you have read the resolution, press to see the voting option
Slide 11: Chairman's Address
For personal use only Ari Mervis Chairman's Address 2022 - McPherson's Annual General Meeting 11
Slide 12: CEO & Managing Director's Address
For personal use only Grant Peck CEO & Managing Director's Address 2022 - McPherson's Annual General Meeting 12
Slide 13: Our People & Purpose
Our People & Purpose For personal use only " To provide care solutions to nurture confident, healthy, and sustainable lifestyles" 2022 - McPherson's Annual General Meeting 13
Slide 14: Our Values
Our Values We will For personal use only 2022 - McPherson's Annual General Meeting 14
Slide 15: FY22 Overview
FY22 Overview For personal use only $214m 11% FY22 Summary TOTAL SALES SALES GROWTH • Sales up 7%, in line with stated guidance, driven by strong REVENUE OF CORE growth in six core owned brands OWNED BRANDS and full year contribution from 7% health business on FY21: $200.5m • Strong underlying PBT d
Slide 16: Innovation and New Products
Innovation and New Products For personal use only 2022 - McPherson's Annual General Meeting 16
Slide 17: FY22 Overview
FY22 Overview For personal use only $214m 11% FY22 Summary TOTAL SALES SALES GROWTH • Sales up 7%, in line with stated guidance, driven by strong REVENUE OF CORE growth in six core owned brands OWNED BRANDS and full year contribution from 7% health business on FY21: $200.5m • Strong underlying PBT d
Slide 18: Key Achievements and Strategy Refinement
Key Achievements and Strategy For personal use only Refinement Reset year created a platform for growth Cross Supply business New Growing Price Strategic stability alignment leadership, Continued Ranging with increases Alliance provides and structure, innovation increments winning implemented with s
Slide 19: Sustainability
Sustainability For personal use only 01 Achieve Net Zero by 2035 across our scope 1,2 and 3 emissions. 03 Implement a Sustainable Supply Chain Policy Sustainable Development Goals Sustainable Development Goals 02 04 Achieve the APCO Implement guidelines by the Sustainable Packaging Goals end of 2022
Slide 20: FY23 so far
FY23 so far For personal use only • Continued strength in pharmacy in Q1'23 with strong brands and strategic alliances • Investment against growth brands (Manicare and Lady Jayne) and expansion brand (Fusion) • Grocery channel impacted by weaker consumer confidence and margins impacted by increased
Slide 21: Summary
Summary For personal use only • Stabilised the business in FY22 and returned to profitable underlying growth • Chemist Warehouse Strategic Alliance to deliver future growth • Revised our Purpose and Values • Simplified and improved processes, refined strategy revealing more opportunities • Brands an
Slide 22: Formal Matters
Formal Matters For personal use only 1 Financial Statements and Reports 2 Remuneration Report 3 Election of a Director – Helen Thornton 4 Approval of Performance Rights – Managing Director 2022 - McPherson's Annual General Meeting 22
Slide 23: Agenda Item 1: Financial Statements and Reports
AGENDA ITEM 1: FINANCIAL STATEMENTS AND REPORTS For personal use only To consider the Financial Statements, the Directors' Report and the Auditor's Report for the Company for • xxx the year ended 30 June 2022 2022 - McPherson's Annual General Meeting 23
Slide 24: Agenda Item 2: Remuneration Report
AGENDA ITEM 2: REMUNERATION REPORT For personal use only To adopt the Remuneration Report for the Company for the financial year ended 30 June 2022. In accordance with the Corporations Act 2001 (Cth) (Corporations • xxx Act), this resolution is advisory only and does not bind the Company or the dire
Slide 25: Agenda Item 2: Proxy Votes
AGENDA ITEM 2: PROXY VOTES For personal use only • xxx PROXY VOTES RECEIVED (MILLIONS) ITEM 2 FOR FOR AGAINST AGAINST OPEN OPEN • xxx NO. % NO. % NO. % REMUNERATION REPORT 70.0 86.7 9.8 12.1 1.0 1.2 2022 - McPherson's Annual General Meeting 25
Slide 26: Agenda Item 3: Election of a Director
AGENDA ITEM 3: ELECTION OF A DIRECTOR For personal use only MS. HELEN THORNTON To consider and, if thought fit, to pass the following resolution as an ordinary resolution: • xxx “ To elect as a director of the Company, Ms. Helen Thornton, who having been appointed a director of MCP on 20 December 20
Slide 27: Agenda Item 3: Proxy Votes
AGENDA ITEM 3: PROXY VOTES For personal use only • xxx PROXY VOTES RECEIVED (MILLIONS) ITEM 2 FOR FOR AGAINST AGAINST OPEN OPEN • xxx NO. % NO. % NO. % ELECT HELEN THORNTON 79.3 97.6 0.8 1.0 1.1 1.4 2022 - McPherson's Annual General Meeting 27
Slide 28: Agenda Item 4: Approval of Issue of Performance Rights to Managing Director
AGENDA ITEM 4: APPROVAL OF THE ISSUE OF For personal use only PERFORMANCE RIGHTS TO THE MANAGING DIRECTOR, UNDER THE PERFORMANCE RIGHTS PLAN To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “ That for the purposes of Part 2E.1 of the Corporations Act and A
Slide 29: Agenda Item 4: Proxy Votes
AGENDA ITEM 4: PROXY VOTES For personal use only • xxx PROXY VOTES RECEIVED (MILLIONS) ITEM 2 FOR FOR AGAINST AGAINST OPEN OPEN • xxx NO. % NO. % NO. % APPROVAL OF ISSUE OF PERFORMANCE RIGHTS – MD 75.7 93.5 4.3 5.3 1.0 1.2 2022 - McPherson's Annual General Meeting 29
Slide 30: Q+A
For personal use only Q+A 2022 - McPherson's Annual General Meeting 30
Slide 31: Thank You
For personal use only Thank You 2022 - McPherson's Annual General Meeting 31