Flint Corp · TSX:FLNT
Flint — Shareholder Meeting (June 2022)
12 slides from Flint's shareholder meeting presentation, Jun 10, 2022
Slide 1: Annual and Special Meeting of Shareholders
ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS JUNE 10, 2022
Slide 2: Agenda
AGENDA Business of the Meeting: • Presentation of 2021 Financial Statements • Appointment of Auditors • Election of Directors: ❑ Jordan Bitove ❑ H. Fraser Clarke ❑ Karl Johannson ❑ Dean MacDonald ❑ Sean McMaster • Change the name of the corporation to Flint Corp. (special resolution) Corporate Prese
Slide 3: Advisory
ADVISORY Advisory regarding Forward-Looking Information Certain information included in this presentation may constitute “forward-looking information” within the meaning of Canadian securities laws. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “s
Slide 4: Advisory Cont.
ADVISORY CONT. Advisory regarding Non-Standard Measures The terms ‘‘EBITDAS’’ and “Adjusted EBITDAS” (collectively, the ‘‘Non-standard measures’’) are financial measures used in this presentation that are not standard measures under IFRS. ClearStream’s method of calculating Non-standard measures may
Slide 5: Vision
VISION OUR PURPOSE MISSION STATEMENT Helping Customers Bring Resources to Our World “To be recognized as the most trusted provider of industrial and asset integrity services to improve our customers’ facilities and operations in a safe, efficient and cost- effective manner.” 5
Slide 6: Diversified Service Offering
DIVERSIFIED SERVICE OFFERING With over 50 years of experience, ClearStream has become a leading provider of asset integrity services to the Energy and Industrial markets. • We are strategically located across Canada with ~4,000 employees at peak • We offer our services through an open-shop or union
Slide 7: About ClearStream - Profile
ABOUT CLEARSTREAM - PROFILE Highlights Our Locations • Customer base: • Canadian Energy customers (upstream, midstream and downstream) as well as Petrochemical, Mining, Power, Agricultural, Forestry, Pulp & Paper, Infrastructure and Water Treatment. • Exposure to US refineries through Universal Weld
Slide 8: Our Successes
OUR SUCCESSES • The Q1 2022 Total Recoverable Injury Frequency (TRIF) was 0.37, and the Q1 2022 12-month rolling TRIF was 0.32, which is a 41% decrease from the Q1 2021 12-month rolling TRIF. • Q1 concluded with $95.5 M of new project awards and contract renewals. During the first four months of 202
Slide 9: Historical Financial Performance
HISTORICAL FINANCIAL PERFORMANCE ($000s) 2018 2019 2020 2021 Revenue 378,332 464,252 393,121 389,402 Net income (loss) and comprehensive income (loss) (31,567) (4,712) 3,469 (9,295) 2020 Net Income Net Income includesincludes $33.5MM $33.5M of of subsidies government government subsidies in 2020 and
Slide 10: Historical Financial Performance
HISTORICAL FINANCIAL PERFORMANCE 10
Slide 11: Well Positioned to Deliver Value and Growth
WELL POSITIONED TO DELIVER VALUE AND GROWTH Experienced Leadership Team • Results oriented leadership team with strong operational experience. • Proven track record of operational excellence and growth. • Local management. Recurring Full Cycle Service Offering Revenue • Through its 19 operating faci
Slide 12: Contact Us
CONTACT US Barry Card Randy Watt Interim Chief Executive Officer Chief Financial Officer bcard@clearstreamenergy.ca rwatt@clearstreamenergy.ca +1 (587) 317-5436 +1 (587) 318-0997 12