Genesis Energy Limited · NZX:GNE
Genesis Energy — Non-Deal Roadshow (November 2022)
17 slides from Genesis Energy's roadshow presentation, Nov 8, 2022
Slide 1: Governance Roadshow November 2022
For personal use only Governance Roadshow November 2022 Second line can be in orange Barbara Chapman CNZM – Chairman Tim Miles– Director
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Genesis Energy Limited (‘Genesis While all reasonable care has been taken in compiling this presentation, to Energy’) for information purposes only. This disclaimer applies to this the maximum extent permitted by law, Genesis En
Slide 3: Genesis Energy Board of Directors
Genesis Energy Board of Directors Barbara Chapman CNZM For personal use only Chairman • Genesis Energy has a diverse Board, purposefully recruited to provide a broad range of experience and capabilities. BCom, CMInstD • Barbara Chapman joined the Board in May 2018 and assumed the role of Chairman in
Slide 4: Board Skills Matrix
Board Skills Matrix For personal use only Matrix as at 30 June 2022 4.
Slide 5: Incoming Chief Executive Malcolm Johns
Incoming Chief Executive Malcolm Johns For personal use only • Malcolm Johns will commence as Chief Executive on 13 March 2023. He brings experience in leading large organisations, sustainability leadership and delivering value for shareholders. • He has served as Chief Executive of Christchurch Air
Slide 6: A Refreshed Leadership Team to Navigate the Transition
A Refreshed Leadership Team to Navigate the Transition Tracey Hickman For personal use only Malcolm Johns Chief Customer Officer Chief Executive MA (Hons), AMP (Harvard) BMS Over 28 years energy sector Joins as Chief Executive in experience, including ten years in March 2023. executive roles in gene
Slide 7: Executive remuneration linked to Strategy, Performance and Sustainability
Executive remuneration linked to Strategy, Performance and Sustainability For personal use only Genesis' remuneration policy is underpinned by three key objectives: • Create a sense of longer‐term commitment in the relationship between the Company, key employees, and shareholders. • Be easy to under
Slide 8: Board Structure and Policies are aligned with Best Practice
Board Structure and Policies are aligned with Best Practice For personal use only • All policies and charters are formally reviewed by the Board within the third year after the last review, to ensure they remain 'fit- for-purpose’. • A number of policies and charters have been reviewed in the last y
Slide 9: Directors' Fees
Directors’ Fees For personal use only • Genesis places significant value and Approved Directors’ fees – from 1 November 2021 importance on attracting and retaining Directors of the right calibre and skill set that companies of our complexity require. • Directors’ fees were last approved by sharehold
Slide 10: Genesis' Purpose is to Empower New Zealand's Sustainable Future
Genesis’ Purpose is to Empower New Zealand’s Sustainable Future For personal use only Empowering New Zealand’s sustainable future 10.
Slide 11: A Track Record of Delivering Shareholder Value
A Track Record of Delivering Shareholder Value EBITDAF For personal use only 500 • Genesis has a strong record in delivering for shareholders with an 4151 440 $m annualised TSR of 10.3% over the past six years. 360 369 356 355 • FY23 EBITDAF guidance was recently increased to around $500 million. •
Slide 12: Supporting our Customers
Supporting our Customers Declining Customer Churn 12.8% For personal use only • The Company has seen continued growth in customer satisfaction and loyalty. In FY22, interaction Net Promoter Score (iNPS) increased to record levels, while net churn declined to 12.8%. Net churn, down from 15.9% in FY21
Slide 13: Displacing thermal generation through Future-Gen
Displacing thermal generation through Future-Gen Future-Gen Portfolio Pipeline Power Purchase Agreements (PPA) For personal use only 3,000 2,500 • Inflationary pressures have increased costs of renewable development. 2,000 MWh 1,500 • Due to delays and increasing costs, Mercury have advised 1,000 th
Slide 14: Assessment of Strategic Risks
Assessment of Strategic Risks — Board considers risks across a likelihood and consequences framework For personal use only • Directors consider strategic risks by reference to a framework based on the likelihood of occurance and severity of High Extreme the consequences. Risk Risk Consequence – impa
Slide 15: Sustainability is at the Core of Genesis' Strategy
Sustainability is at the Core of Genesis’ Strategy For personal use only • 44% reduction in Scope 1 and 2 emissions since FY21. A low carbon • 29% of C&I customers purchasing energy services, including decarbonisation roadmaps. future for all • Trialling of Energy as a Service programmes to support
Slide 16: Emissions Reductions Target
Emissions Reductions Target — A Science Based Target consistent with limiting global warming to 1.5°C For personal use only Target Year 1: Reduce direct emissions Scope 1 & 2 Reduce indirect emissions Scope 3 % % Reduce emissions2 by at least 1.2 million tonnes 1. Target is based on our FY20 as the
Slide 17: Further questions please contact
For personal use only Further questions please contact: Tim McSweeney – Investor Relations Manager timothy.mcsweeney@genesisenergy.co.nz M: 027 200 5548