Bhp Group Ltd · ASX:BHP
Bhp — Shareholder Meeting (November 2022)
33 slides from Bhp's shareholder meeting presentation, Nov 10, 2022
Slide 1: BHP Annual General Meeting 2022 Speeches and Presentation
Release Time IMMEDIATE Date 10 November 2022 Number 36/22 For personal use only To Australian Securities Exchange CC New York Stock Exchange BHP ANNUAL GENERAL MEETING 2022 SPEECHES AND PRESENTATION The following documents are attached and will be presented at the 2022 Annual General Meeting of BHP
Slide 2: Chair address: safety and culture
BHP Group Limited Annual General Meeting 10 November 2022 Ken MacKenzie, Chair In January, at our General Meeting, I commented that BHP was in a strong position. For personal use only The 2022 financial year results – delivered in a challenging climate of uncertainty and change – demonstrate that st
Slide 3: An essential global role; positioning for the future
BHP Group Limited Annual General Meeting 10 November 2022 where everyone can bring the best of themselves to work. Although we are making progress in these areas, we know we have a lot more to do. For personal use only An essential global role We recognize the important contribution BHP can make bot
Slide 4: Megatrends and portfolio assets
BHP Group Limited Annual General Meeting 10 November 2022 more. The changes we have made across BHP align your company with the megatrends of For personal use only decarbonisation, population growth, and demand for higher standards of living. According to our modelling, to deliver our Paris-aligned
Slide 5: Strong financial performance
BHP Group Limited Annual General Meeting 10 November 2022 Strong financial performance For personal use only Despite the challenging environment, your company delivered strong operational and financial results in 2022. Our financial performance included: • Record EBITDA of US$40.6 billion – up 16 pe
Slide 6: Social value and decarbonisation
BHP Group Limited Annual General Meeting 10 November 2022 • decarbonisation, • the environment, • Indigenous partnerships, For personal use only • workforce, • communities, and • supply chains. Our approach is deliberate and proactive – measuring the social and financial impact of our choices – and
Slide 7: Thanks to shareholders
BHP Group Limited Annual General Meeting 10 November 2022 Our success is also a credit to the support of our stakeholders. With that in mind, I want to thank you, our shareholders, for your continued support and for investing in the future of For personal use only BHP. It is now my pleasure to invit
Slide 8: CEO address: a big year for BHP
BHP Group Limited Annual General Meeting 10 November 2022 Mike Henry, Chief Executive Officer Thanks Ken. It really is great that we can once again hold this event in person and to see so For personal use only many faces in the audience. This was a big year for BHP. A safe and successful year. Succe
Slide 9: Financial highlights
BHP Group Limited Annual General Meeting 10 November 2022 I’ll speak more about this shortly, but first, I’d like to mention some highlights from the last financial year. For personal use only Financial highlights We continued to deliver strong operational and financial performance, and delivered a
Slide 10: People, culture and capability
BHP Group Limited Annual General Meeting 10 November 2022 We have increased female participation from 17% to 33% over the past six years – and we have increased Indigenous and First Nations employment to now represent more than 8% of For personal use only our operational workforce in Australia and i
Slide 11: Eliminating harmful behaviour; BHP Operating System
BHP Group Limited Annual General Meeting 10 November 2022 Eight months ago I asked Vandita Pant to lead this effort at an executive level and in the period since employees and contractors across ten locations and eight countries have For personal use only participated in sessions where we have been
Slide 12: Engaging with communities
BHP Group Limited Annual General Meeting 10 November 2022 Engaging with communities For personal use only Given that the timelines of our investments are measured in decades and our operations can be near and part of communities for a hundred years or more – we must be open and collaborative in our
Slide 13: Five levers to grow value
BHP Group Limited Annual General Meeting 10 November 2022 We have five levers available to grow value for shareholders: • Operational excellence and improved productivity; getting better at what we do, every day. This is priority number one and is the lever most within our control. For personal use
Slide 14: Conclusion
BHP Group Limited Annual General Meeting 10 November 2022 Thank-you both and I hope you’ll be able to look back with some pride on what you have helped to create. For personal use only Conclusion In conclusion, over recent years, BHP has delivered a strong track record of disciplined allocation of c
Slide 15: For personal use only
For personal use only BHP Group Limited Annual General Meeting 10 November 2022
Slide 16: Disclaimer
Disclaimer Forward-looking statements This presentation contains forward-looking statements, including: statements regarding trends in commodity prices and currency exchange rates; demand for commodities; expectations, plans, strategies and objectives of management; climate scenarios; approval of ce
Slide 17: Welcome to Country
For personal use only Joe Collard Chairperson Whadjuk Aboriginal Corporation Cultural Advice Committee
Slide 18: Chair: Ken MacKenzie
For personal use only Chair Ken MacKenzie
Slide 19: Your Board
Your Board For personal use only Ken MacKenzie Terry Bowen Malcolm Broomhead Xiaoqun Clever Ian Cockerill Gary Goldberg Mike Henry Michelle Hinchliffe Christine O’Reilly Catherine Tanna Dion Weisler Stefanie Wilkinson Group Company Secretary
Slide 20: Chair: Ken MacKenzie
For personal use only Chair Ken MacKenzie
Slide 21: Safety and culture
For personal use only Safety and culture
Slide 22: An essential global role
An essential global role For personal use only
Slide 23: Positioning for the future; Climate change
Positioning for the future For personal use only Climate change
Slide 24: Managing uncertainty
For personal use only Managing uncertainty
Slide 25: FY22 financial highlights
FY22 financial highlights For personal use only EBITDA EBITDA margin Shareholder cash returns US$ 40.6 bn 65% 325 US cps 16% 1% point Payout ratio of 77% Net debt ROCE Total economic contribution US$ 333 m 48.7% US$ 78.1 bn 92% 16.2% points Including US$57.5 bn in Australia Note: All compari
Slide 26: Social value
For personal use only Social value
Slide 27: For personal use only
For personal use only
Slide 28: Mike Henry, Chief Executive Officer
For personal use only Mike Henry Chief Executive Officer
Slide 29: Financial highlights
For personal use only Financial highlights
Slide 30: Safety, culture and capability
Safety, culture and capability For personal use only
Slide 31: Engaging with communities and delivering on our commitments
Engaging with communities and delivering on our commitments For personal use only
Slide 32: Positioned to grow value
Positioned to grow value For personal use only
Slide 33: For personal use only
For personal use only