Kogan.com Ltd. · ASX:KGN
Kogan.com — Shareholder Meeting (November 2019)
21 slides from Kogan.com's shareholder meeting presentation, Nov 19, 2019
Slide 1: 2019 Annual General Meeting
2019 ANNUAL GENERAL MEETING 19 NOVEMBER 2019
Slide 2: Your Board
YOUR BOARD Greg Ridder Ruslan Kogan David Shafer Harry Debney Michael Hirschowitz Independent Non-Executive Founder, CEO and Executive CFO, COO and Executive Independent Independent Non-Executive Chairman Director Director Non-Executive Director Director 2
Slide 3: Chairman's Address
CHAIRMAN’S ADDRESS Greg Ridder, Independent Non-Executive Chairman 3
Slide 4: FY19 Results
FY19 RESULTS $551.8m $30.1m Gross Sales EBITDA 12.0% on FY18 15.6% on FY18 $17.2m 14.3 cps NPAT Total Dividends 21.9% on FY18 4
Slide 5: CEO's Presentation
CEO’S PRESENTATION Ruslan Kogan, Founder, CEO and Executive Director 5
Slide 6: Financial Highlights FY19
FINANCIAL HIGHLIGHTS FY19 Gross Sales1 Gross Profit2 EBITDA2 90.7 600 90 35 551.8 80.6 550 80 30.1 30 492.6 500 70 26.0 25 450 60 Gross Profit ($m) Gross Sales ($m) EBITDA ($m) 51.7 20 400 50 350 334.5 40 15 12.5 300 30 10 250 20 5 200 10 150 - - FY17 FY18 FY19 FY17 FY18 FY19 FY17 FY18 FY19 1 Gross
Slide 7: Who We Are
kKOgaNn.com kogan FIRSTE@ travel internet kogan kogan —§kogan kogan | kogan kogan ko&ogan kogan kogan kogan insurance life insurance pet insurance health cars kogan kwgan kogan kogan kogan marketplace energy money super credit cards kYgan.com
Slide 8: Exclusive Brands Strategy
EXCLUSIVE 2018 FOCUSBRANDS STRATEGY Strong YoY Growth in Exclusive Exclusive Brands growth rate increased YoY and Brands Revenue in FY19 and 1QFY20 benefits from: • Full control of the end-to-end supply chain 200 • Strong competitive advantage 180 41.6% 41.6% • Building trusted brands renowned for “
Slide 9: Kogan Marketplace
KOGAN MARKETPLACE 2018 FOCUS Strong Initial Performance of Kogan Marketplace The launch of Kogan Marketplace is proving to be a transformational step for the Company. Kogan Marketplace was launched during 3QFY19 and has received positive responses from both sellers 30 and customers. In Oct-19, Gross
Slide 10: Portfolio Business - Market
PORTFOLIO 2018 FOCUS BUSINESS - MARKET Achieved greater than Portfolio Business Partner Launch date Market size 1% market share? Kogan Retail n/a FY06 $23.7 billion1 ✓ Kogan Internet Vodafone Launched 4QFY18 15.5m premises2 - Kogan Insurance Hollard Launched 1QFY18 $48.0 billion3 - Kogan Health Medi
Slide 11: Some Recent Awards
SOME RECENT AWARDS Three-peat! Third year running winner of the Peoples Choice Award MOZO Experts Choice Awards for Kogan Internet, at the Australia Post Online Retail Industry Awards (ORIAS) Kogan Money & Kogan Life Insurance Kogan Internet Over 1,350 Retailers were considered and over 285,000 Aust
Slide 12: Current Trading - November Update
CURRENT TRADING - NOVEMBER UPDATE YoY Unaudited Gross Sales, Gross Profit and Operating Costs Active Customers of 1,662,000 as at 31 Oct 19 Growth During YTDFY20 Jul-Sep 2019 Oct 2019 1,700 13.3% YoY Growth Gross Sales1 +16.0% +18.5% 1,650 Gross Profit 1 +28.1% +22.9% 1,600 Operating Costs1 +2.6% -8
Slide 13: Resolutions
Resolutions kYgan.com ps
Slide 14: Ordinary Business: Financial Statements & Reports
ORDINARY BUSINESS ITEM 1 FINANCIAL STATEMENTS & REPORTS The first item of business is to receive and consider the Annual Financial Report together with the Directors’ and Auditor’s Reports for the period ended 30 June 2019. 14
Slide 15: Ordinary Business: Adoption of the Remuneration Report
ORDINARY BUSINESS ITEM 2 ADOPTION OF THE REMUNERATION REPORT The second item of business is to consider, and if thought fit, to pass the following resolution as an ordinary resolution: “That the Company adopt the Remuneration Report for the year ended 30 June 2019 in accordance with Section 250R (2)
Slide 16: Proxy Voting Results: Remuneration Report
PROXY VOTING RESULTS ITEM 2 ADOPTION OF THE REMUNERATION REPORT Number %2 For 35,095,921 98.98 Against 269,330 0.76 Open - Nominated Chair1 64,508 0.18 - Other nomination 28,305 0.08 Abstain 211,938 Notes: 1. To be voted in favour of the resolution 16 2. Of proxies cast
Slide 17: Ordinary Business: Re-election of Mr Greg Ridder
ORDINARY BUSINESS ITEM 3 ELECTION OF DIRECTORS 3.1 Re-election of Mr Greg Ridder To consider, and if thought fit, to pass the following resolution as an ordinary resolution: “That Greg Ridder, who retires in accordance with clause 23.10 of the Company’s Constitution and ASX Listing Rule 14.4 and, be
Slide 18: Proxy Voting Results: Re-election of Greg Ridder
PROXY VOTING RESULTS ITEM 3.1 RE-ELECTION OF MR GREG RIDDER AS DIRECTOR Number %2 For 54,997,171 85.48 Against 9,251,628 14.38 Open - Nominated Chair1 62,691 0.10 - Other nomination 28,305 0.04 Abstain 386,465 Notes: 1. To be voted in favour of the resolution 18 2. Of proxies cast
Slide 19: Ordinary Business: Election of Michael Hirschowitz
ORDINARY BUSINESS ITEM 3 ELECTION OF DIRECTORS 3.2 Election of Director - Mr Michael Hirschowitz To consider, and if thought fit, to pass the following resolution as an ordinary resolution: “That Michael Hirschowitz, who retires in accordance with clause 23.6 of the Company’s Constitution and, being
Slide 20: Proxy Voting Results: Election of Michael Hirschowitz
PROXY VOTING RESULTS ITEM 3.2 ELECTION OF DIRECTOR - MR MICHAEL HIRSCHOWITZ Number %2 For 63,203,330 97.99 Against 1,205,477 1.87 Open - Nominated Chair1 63,059 0.10 - Other nomination 28,305 0.04 Abstain 226,089 Notes: 1. To be voted in favour of the resolution 20 2. Of proxies cast
Slide 21: Kogan.com
kOgan.com