General Capital Ltd. · NZX:GEN
General Capital — Shareholder Meeting (August 2019)
28 slides from General Capital's shareholder meeting presentation, Aug 30, 2019
Slide 1: Welcome to General Capital Limited's Annual Meeting
Welcome to General Capital Limited’s Annual Meeting 2:00pm Friday 30 August 2019 1
Slide 2: Chairman: Rewi Bugo
Chairman: Rewi Bugo = GENERAL S Capita
Slide 3: Directors
Brent King Rewi Bugo Huei Min (Lyn) Lim Simon McArley Graeme Brown 3
Slide 4: Agenda
Agenda 1. Chairman’s Introduction 2. Apologies 3. Receive Annual Report 4. Resolutions = GENERAL S Capita
Slide 5: 1. Chairman's Introduction
1. Chairman’s Introduction 5
Slide 6: 2. Apologies
2. Apologies 6
Slide 7: 3. Annual Report
3. Annual Report To receive and consider the annual report of the Company for the year ended 31 March 2019, including the financial statements for that year and the directors’ and auditor’s reports to the shareholders. 7
Slide 8: Managing Director: Brent King
Managing Director: Brent King GENERAL SS S Capita
Slide 9: Growth in the Finance Business and Group
$000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 Growth in the Finance Business and Group 5,945 5,187 4313 4,220 2,563 2814 = _ see 2,472 2,672 2,565 iia 2,062 : Sep 18, Oct 18 Nov 18 Dec 18 Jan 19 Feb 19 Mar 19 Apri Month Ending —=GFL- Cash May 19 Jun 19 Jul19 Aug 19 lestimate)
Slide 10: Growth in the Finance Business and Group
$000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 Growth in the Finance Business and Group Month Ending GFL Deposits —==GFL- Cash 5,945 10,939 70,701 10877 5,187 4313 4,230, 3,355 3,258 " 2,472 2,672 2814 —_” wee 2,565 2,563 Sep 18, Oct 18 Nov 18 Dec 18 Jan 19 Feb 19 Mar 19 Apri May 19 Jun 19 Jul
Slide 11: Growth in the Finance Business and Group
$000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 Growth in the Finance Business and Group 24,332 a 11,735 — 12,139 10,939 0,701 10,877 5,945 5,187 4,313 4,230. 3,355 3,258 ‘ 2,472 2,672 2,814 Oe 2,062 ie a Sep 18, oct 18 Nov 18 Dec 18 Jan 19 Feb 19 Mar i9 Apr 19 May 19 Jun 19 Jul19 ‘Augig (estim
Slide 12: Growth in the Finance Business and Group
$000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 Growth in the Finance Business and Group 29,453 — 12,139 10,939 0,701 10,877 5,945 5,187 4,313 4,230. 3,355 3,258 ‘ 2,472 2,672 2,814 Oe 2,062 ie a Sep 18, oct 18 Nov 18 Dec 18 Jan 19 Feb 19 Mar i9 Apr 19 May 19 Jun 19 Jul19 ‘Augig (estimate) GFL
Slide 13: Growth in the Finance Business and Group
$000 Growth in the Finance Business and Group 35,000 33,003 30,000 25,000 20,000 15,000 — 12,139 10,000 10,939 0,701 10,877 5,945 5,187 5,000 4,313 4,230. 3,355 3,258 ‘ 2,472 2,672 2,814 Oe 2,062 ie a Sep 18, oct 18 Nov 18 Dec 18 Jan 19 Feb 19 Mar i9 Apr 19 May 19 Jun 19 Jul19 ‘Augig (estimate) Mont
Slide 14: Shareholder 0.3% bonus on General Finance Secured Deposits
Shareholders of General Capital Ltd will receive a 0.3% Bonus when they invest in General Finance Secured Deposits. The minimum parcel of shares to qualify is $1,000. If you have funds to invest, consider General Finance Secured Term deposits. 14
Slide 15: Secured Deposit Rates
Secured Deposit Rates. Term Standard Shareholder 6 months 3.35% pa 3.65% pa 9 months 4.45% pa 4.75% pa 12 months 4.65% pa 4.95% pa 15 months 5.05% pa 5.35% pa 18 months 5.20% pa 5.50% pa 2 years 5.40% pa 5.70% pa 3 years 5.55% pa 5.85% pa 4 years 5.55% pa 5.85% pa 5 years 5.55% pa 5.85% pa 15
Slide 16: NZSX Constitution
NZSX Constitution $1,000 We have over 720 shareholders and over 620 holders of each Warrant. This is costly for a company of our size. As responsible managers of the Company we must manage costs. The Board will consider the compulsory clauses. Shareholders have had significant time and opportunity t
Slide 17: General Finance applies for credit rating for Secured Term Deposits
• General Finance Ltd. applies for a Credit rating for it’s Secured Term Deposits. • Equifax Australasia Credit Ratings Pty. Limited appointed. • Expected announcement during September 2019. 17
Slide 18: Lane \ \
Lane \ \ ij 2 s 4
Slide 19: = GIN
= GIN I AL PRESENTS 5 NZ FASHION / NZ FASHION “GALA Ge aa ya\
Slide 20: 4. Resolutions
4. Resolutions Resolution 1: Auditors To record that the Company’s Auditors, Baker Tilly Staples Rodway Auckland, are automatically reappointed as auditors pursuant to section 207T of the Companies Act 1993 and to consider, and if thought fit, to pass the following ordinary resolution: • “That the d
Slide 21: Resolution 1: Auditors - Discussion
Resolution 1: Auditors • Discussion on the Resolution 21
Slide 22: Resolution 2: Re-election of Director
Resolution 2: Re-election of Director To consider and, if thought fit, to pass the following ordinary resolution: • “That Rewi Hamid Bugo, who retires by rotation at the Annual Meeting and is eligible for re-election, be elected as a director of the Company” (see Explanatory Notes).” 22
Slide 23: Resolution 2: Discussion on the Resolution
Resolution 2: Re-election of Director • Discussion on the Resolution 23
Slide 24: Resolution 3: Re-election of Director
Resolution 3: Re-election of Director To consider and, if thought fit, to pass the following ordinary resolution: • “That Huei Min (Lyn) Lim, who retires by rotation at the Annual Meeting and is eligible for re-election, be elected as a director of the Company (see Explanatory Notes).” 24
Slide 25: Resolution 3: Discussion on the Resolution
Resolution 3: Re-election of Director • Discussion on the Resolution 25
Slide 26: Resolution 4: Changes to the Company's Constitution
Resolution 4: Changes to the Company’s Constitution To consider and, if thought fit, to pass the following special resolution: • “That the Company’s existing constitution is revoked and that the proposed constitution, as presented to this meeting and signed by the Chairman for the purpose of identif
Slide 27: Resolution 4: Discussion on the Resolution
Resolution 4: Changes to the Company’s Constitution • Discussion on the Resolution 27
Slide 28: Thank you for attending General Capital Limited's Annual Meeting
Thank you for attending General Capital Limited’s Annual Meeting 28