Genesis Energy Limited · NZX:GNE
Genesis Energy — Shareholder Meeting (October 2021)
26 slides from Genesis Energy's shareholder meeting presentation, Oct 29, 2021
Slide 1: 2021 Annual Shareholder Meeting
2021 Annual Shareholder Meeting 29 October 2021 Barbara Chapman CNZM - Chairman Marc England – Chief Executive
Slide 2: Welcome
Welcome
Slide 3: How to Participate in a Virtual/Hybrid Meeting (Q&A)
How to Participate in a Virtual/Hybrid Meeting (Q&A) Shareholder & Proxyholder Q&A Participation Written Questions: Questions may be submitted ahead of the meeting. If you have a question to submit during the live meeting, please select the Q&A tab on the right half of your screen at anytime. Type y
Slide 4: Agenda
Agenda 1. Board Highlights 2. Company Performance & Strategy 3. Q&A Session 4. Voting 5. General Business
Slide 5: FY21 Financial Performance
FY21 Financial Performance EBITDAF 1 Underlying Earnings Dividend policy : m $ 358 NPAT $34m $ 75 m Genesis’ intention is to provide shareholders with a consistent, reliable and attractive dividend. The company aims to pay out between 70% and 90% of its free cash flow. FY22 Guidance: $ Full year div
Slide 6: Supporting our Customers
Supporting our Customers genesis
Slide 7: Our People
Our People
Slide 8: The Climate Challenge
‘il The Climate genesis
Slide 9: Protecting our staff during Covid-19
Protecting our staff during Covid-19
Slide 10: FY21 Financial Performance
FY21 Financial Performance EBITDAF 1 Underlying Earnings Dividend policy : m $ 358 NPAT $34m $ 75 m Genesis’ intention is to provide shareholders with a consistent, reliable and attractive dividend. The company aims to pay out between 70% and 90% of its free cash flow. FY22 Guidance: $ Full year div
Slide 11: Future-gen: Reduce direct emissions
Future-gen Target Year 1: Reduce direct emissions Scope 1 & 2 FUTURE-GEN PORTFOLIO PIPELINE 2,000 1,750 % 1,500 GWh per annum 1,250 1,000 750 500 Reduce emissions2 250 by at least - 1.2 million tonnes FY21 FY22 FY23 FY24 FY25 FY26 Waipipi Kaiwaikawe Tauhara Solar Development 1. Target is based on ou
Slide 12: Security of Supply
Security of Supply COAL PROVIDED ESSENTIAL ENERGY BACK-UP IN FY21 COAL GENERATION EXPECTED TO RAPIDLY DECLINE FROM FY22 4,000 1,600 3,500 Waipipi 1,400 3,000 1,200 CEN 2,500 GNE 1,000 GWh 2,000 MCY 800 kT 1,500 600 MEL 1,000 400 500 200 0 0 Average Coal Lower Lower Increases Reduced Coal FY20 FY21 F
Slide 13: Living our Purpose
Living our Purpose @ Sku GOALS Distinctive customer experiences FORTHEGOALS Improve customer Net Promoter Score os) Limit climate change Science based target i REDUCED AFFORDABLE AND sustainable for 1.5°C by 2025 10 weatiines CLEAN ENERGY a wg d=) wv 7 PARTNERSHIPS 1K} CLIMATE ACTION Empowering New
Slide 14: Digital Transformation
Digital Transformation ENERGY IQ MONTHLY UNIQUE USERS 200,000 275k 11.6 million 175,000 unique EIQ users in FY21 interactions with EIQ features in FY21 150,000 95k 125,000 100,000 15% year on year growth 100,000 Unique customer views of the new energy saving tip likes…and Bill Insights feature on EI
Slide 15: Customer Care
Customer Care 40% 1,500 customers contacted reduction in disconnections per month from FY20 1 RETAIL DISCONNECTIONS 2,000 customer referrals to support agencies 1. As a result of Te Tira Manaaki Kenehi, outside of lockdown periods DECLINE IN BAD DEBT EXPENSE 9 8 FY17 FY18 FY19 FY20 FY21 7 6 5 $(m) 4
Slide 16: Helping NZ business de-carbonise
Future Steps Helping NZ business de-carbonise Huntly biomass trial Businesses engaged with Energy Services (%) 25% The Huntly Power Station is ideally located for major 20.5% electricity generation, located near to demand, with high 20% 20.0% voltage connection and an abundant local workforce. 15%
Slide 17: With you. For you.
genesis With you. For you.
Slide 18: Shareholder Q&A: How to ask questions
Shareholder Q&A: How to ask questions Shareholder & Proxyholder Q&A Participation Written Questions: Questions may be submitted ahead of the meeting. If you have a question to submit during the live meeting, please select the Q&A tab on the right half of your screen at anytime. Type your question in
Slide 19: How to vote
How to vote Shareholder & Proxyholder Voting Once the voting has been opened, the resolutions and voting options will allow voting. To vote, simply click on the Vote tab, and select your voting direction from the options shown on the screen. You can vote for all resolutions at once or by each resolu
Slide 20: Resolution 1: Re-election of Barbara Chapman
Resolution 1: Re-election of Barbara Chapman Director
Slide 21: Resolution 2: Re-election of James Moulder
Resolution 2: Re-election of James Moulder Director
Slide 22: Resolution 3: Directors' remuneration
Resolution 3: Directors’ remuneration
Slide 23: Summary of Proxies
Summary of Proxies RESOLUTION VOTE TYPE NUMBER OF VOTES % % OF ALL SECURITIES 1 - RE-ELECT BARBARA CHAPMAN For 685,819,379 98.75 65.72 Against 546,045 0.08 0.05 Discretionary 8,155,480 1.17 0.78 Board 899,277 0.13 0.09 Non-Board 7,256,203 1.04 0.70 Abstain 1,959,708 N/A 0.19 2 - RE-ELECT JAMES MOULD
Slide 24: General Business
General Business genesis
Slide 25: Thank you
Thank you Thank you
Slide 26: Investor relations enquiries
Investor relations enquiries Tim McSweeney GM Investor Relations +64 27 200 5548