James Hardie Industries Plc. · NYSE:JHX
James Hardie Industries — Shareholder Meeting (August 2014)
29 slides from James Hardie Industries's shareholder meeting presentation, Aug 18, 2014
Slide 1: Annual General Meeting 15 August 2014
Annual General Meeting 15 August 2014 Exhibit 99.6
Slide 2: Chairman's Address – Michael Hammes
2 PAGE Annual General Meeting 15 August 2014 Chairman’s Address – Michael Hammes
Slide 3: CEO's Address – Louis Gries
3 PAGE Annual General Meeting 15 August 2014 CEO’s Address – Louis Gries
Slide 4: Group Overview
PAGE 1 GROUP OVERVIEW 4 1 Net operating profit reflects: • Higher sales volumes and average net sales prices in both the USA and Europe Fiber Cement and Asia Pacific Fiber Cement Segments • USA and Europe Fiber Cement EBIT margin of 21.2% • Asia Pacific Fiber Cement Segment EBIT margin excluding New
Slide 5: USA and Europe Fiber Cement
USA AND EUROPE FIBER CEMENT 5 PAGE 1st Quarter Result Net Sales up 16% to US$321.5 million Sales Volume up 8% to 463.3 mmsf Average Price up 7% to US$680 per msf EBIT up 14% to US$68.0 million EBIT Margin down 0.2 pts to 21.2% Comparisons are of the st quarter of the current fiscal year versus the s
Slide 6: Asia Pacific Fiber Cement
PAGE ASIA PACIFIC FIBER CEMENT 6 1st Quarter Result Net Sales up 1% to US$95.3 million Sales Volume up 6% to 108.5 mmsf Average Price up 2% from A$916 per msf to A$931 per msf EBIT down 2% to US$20.7 million, +4% in AUD EBIT Margin down 0.7 pts to 21.7% Comparisons are of the st quarter of the curre
Slide 7: Group Outlook
GROUP OUTLOOK PAGE 7 USA and Europe Fiber Cement • The US operating environment continues to recover, but at a more modest pace than expected earlier this year • The recent flattening in housing activity has created some uncertainty about the pace of the recovery in the short-term • Our medium-term
Slide 8: Items of Business
8 PAGE Annual General Meeting 15 August 2014 Items of Business
Slide 9: Resolution 1: Financial Statements and Reports for Fiscal Year 2014
9 PAGE RESOLUTION 1: Financial Statements and Reports for Fiscal Year 2014 • To receive and consider the financial statements and reports of the Directors and external auditor for the fiscal year ended 31 March 2014
Slide 10: Resolution 1: Proxy Results
PAGE 10 RESOLUTION 1: Financial Statements and Reports for Fiscal Year 2014 PROXY RESULTS: Votes %* For 361,153,858 99.95 Against 72,833 0.02 Open 108,620 0.03 Abstain 3,960,716 N/A Excluded N/A * Percentages have been rounded
Slide 11: Resolution 2: Remuneration Report for Fiscal Year 14
11 PAGE RESOLUTION 2: Remuneration Report for Fiscal Year 2014 • To receive and consider the Remuneration Report of the company for the fiscal year ended 31 March 2014
Slide 12: Resolution 2: Proxy Results
PAGE 12 RESOLUTION 2: Remuneration Report for Fiscal Year 2014 PROXY RESULTS: Votes %* For 327,342,449 89.78 Against 37,170,213 10.19 Open 108,620 0.03 Abstain 674,745 N/A Excluded N/A * Percentages have been rounded
Slide 13: Resolution 3: Election/Re-election of Directors
PAGE 13 PAGE RESOLUTION 3: Election/Re-election of Directors a. That Russell Chenu be elected as a director b. That Michael Hammes, who retires by rotation in accordance with the Articles of Association, be re- elected as a director c. That Rudolf van der Meer, who retires by rotation in accordance
Slide 14: Resolution 3(a): Election of Director – Russell Chenu
14 PAGE RESOLUTION 3(a): Election of Director – Russell Chenu PROXY RESULTS: Votes %* For 360,300,698 98.74 Against 4,507,463 1.23 Open 108,620 0.03 Abstain 379,246 N/A Excluded N/A * Percentages have been rounded
Slide 15: Resolution 3(b): Re-election of Director – Michael Hammes
PAGE 15 RESOLUTION 3(b): Re-election of Director – Michael Hammes PROXY RESULTS: Votes %* For 358,924,079 98.32 Against 6,025,374 1.65 Open 108,620 0.03 Abstain 237,954 N/A Excluded N/A * Percentages have been rounded
Slide 16: Resolution 3(c): Re-election of Director – Rudolf van der Meer
16 PAGE RESOLUTION 3(c): Re-election of Director – Rudolf van deer Meer PROXY RESULTS: Votes %* For 364,365,460 99.82 Against 567,203 0.15 Open 108,620 0.03 Abstain 254,744 N/A Excluded N/A * Percentages have been rounded
Slide 17: Resolution 4: Authority to Fix the External Auditor's Remuneration
PAGE 17 RESOLUTION 4: Authority to Fix the External Auditor’s Remuneration • That the Board be authorised to fix the remuneration of the external auditor for the financial year ended 31 March 2015
Slide 18: Resolution 4: Proxy Results
18 PAGE RESOLUTION 4: Authority to Fix the External Auditor’s Remuneration PROXY RESULTS: Votes %* For 364,104,920 99.93 Against 156,816 0.04 Open 108,620 0.03 Abstain 925,671 N/A Excluded N/A * Percentages have been rounded
Slide 19: Resolution 5: Increase Non-executive Director Fee Pool
19 PAGE RESOLUTION 5: Increase Non-executive Director Fee Pool • Approve an increase in the maximum remuneration payable to non-executive directors
Slide 20: Resolution 5: Proxy Results
PAGE 20 RESOLUTION 5: Increase Non-executive Director Fee Pool PROXY RESULTS: Votes %* For 361,919,202 99.55 Against 1,551,385 0.42 Open 108,620 0.03 Abstain 994,146 N/A Excluded 722,674 N/A * Percentages have been rounded
Slide 21: Resolution 6: Grant of Return on Capital Employed Restricted Stock Units
21 PAGE RESOLUTION 6: Grant of Return on Capital Employed Restricted Stock Units • Approve the grant of Return on Capital Employed Restricted Stock Units (RSUs) under the company’s Long Term Incentive Plan to the CEO, Louis Gries
Slide 22: Resolution 6: Proxy Results
PAGE 22 RESOLUTION 6: Grant of Return on Capital Employed Restricted Stock Units PROXY RESULTS: Votes %* For 350,568,956 96.42 Against 12,932,919 3.55 Open 108,620 0.03 Abstain 1,191,924 N/A Excluded 493,248 N/A * Percentages have been rounded
Slide 23: Resolution 7: Grant of Relative TSR RSUs
23 PAGE RESOLUTION 7: Grant of Relative Total Shareholder Return (TSR) RSUs • Approve the grant of RSUs with a Relative Total Shareholder Return (TSR) hurdle under the company’s Long Term Incentive Plan to the CEO, Louis Gries
Slide 24: Resolution 7: Proxy Results
24 PAGE RESOLUTION 7: Grant of Relative Total Shareholder Return (TSR) RSUs PROXY RESULTS: Votes %* For 324,265,869 90.23 Against 35,037,286 9.74 Open 108,620 0.03 Abstain 5,391,004 N/A Excluded 493,248 N/A * Percentages have been rounded
Slide 25: Other Items of Business
PAGE 25 Other Items of Business
Slide 26: Annual General Meeting August 2014
Annual General Meeting 15 August 2014
Slide 27: Disclaimer
PAGE Disclaimer: This Management Presentation contains forward-looking statements. James Hardie may from time to time make forward-looking statements in its periodic reports filed with or furnished to the SEC, on Forms 20-F and 6-K, in its annual reports to shareholders, in offering circulars, invit
Slide 28: Disclaimer (continued)
PAGE Disclaimer (continued): Words such as “believe,” “anticipate,” “plan,” “expect,” “intend,” “target,” “estimate,” “project,” “predict,” “forecast,” “guideline,” “aim,” “will,” “should,” “likely,” “continue,” “may,” “objective,” “outlook” and similar expressions are intended to identify forward-l
Slide 29: Annual General Meeting August 2014
Annual General Meeting 15 August 2014
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