General Capital Ltd. · NZX:GEN
General Capital — Shareholder Meeting (September 2021)
27 slides from General Capital's shareholder meeting presentation, Sep 3, 2021
Slide 1: Welcome to General Capital Limited's Annual Meeting
Welcome to General Capital Limited’s Annual Meeting 11:00am Friday, 3 September 2021
Slide 2: Chairman: Rewi Bugo
Chairman: Rewi Bugo 2
Slide 3: Meeting agenda
1. Chairman’s Introduction 2. Apologies 3. Chairman’s Address 4. Extraordinary Business 5. Regular Business 3
Slide 4: Shareholder & Proxyholder Q&A Participation
Shareholder & Proxyholder Q&A Participation Written Questions: Questions may be submitted ahead of the meeting. If you have a question to submit during the live meeting, please select the Q&A tab on the right half of your screen at anytime. Type your question into the field and press submit. Your qu
Slide 5: Shareholder & Proxyholder Voting
Shareholder & Proxyholder Voting Once the voting has been opened, the resolutions and voting options will allow voting. To vote, simply click on the Vote tab, select your voting direction from the options shown on the screen. You can vote for all resolutions at once or by each resolution. Your vote
Slide 6: Directors
Brent King Rewi Bugo Huei Min (Lyn) Lim Simon McArley Graeme Brown 6
Slide 7: 2. Apologies
2. Apologies = GENERAL S Capita
Slide 8: 3. Chairman's Address
3. Chairman's Address Rewi Bugo
Slide 9: Resolution 1
Resolution 1 Issue of Shares for Wholesale Capital Raising – To consider and, if thought fit, pass the following ordinary resolution: ◦ That, the shareholders approve (for the purposes of NZX Listing Rule 4.1.1) the issue of up to $5,000,000 of new ordinary shares to such persons (not being Related
Slide 10: Resolution 2
Resolution 2 Issue of Shares to Borneo Capital Limited (“Borneo Allotment”) - To consider and, if thought fit, to pass the following ordinary resolution: ◦ That, the shareholders approve (for the purposes of NZX Listing Rule 4.1.1 and Rule 7(d) of the Takeovers Code) the issue of up to 8,333,333 ord
Slide 11: Resolution 3
Resolution 3 Purchase of Shares by Borneo Capital Limited from Belian Holdings Limited (“Borneo Acquisition”) - To consider and, if thought fit, to pass the following ordinary resolution: ◦ That, the shareholders approve (for the purposes of rule 7(c) of the Takeovers Code) the acquisition of 12,377
Slide 12: Resolution 4
Resolution 4 Issue of Warrants to Senior Management – To consider and, if thought fit, to pass the following ordinary resolution: ◦ That, the Company approve (for the purposes of NZX Listing Rule 4.1.1) an issue the following warrants, and the shares to issue on the exercise of those warrants, to th
Slide 13: Annual Report
Annual Report To receive, consider and discuss the Annual Report of the Company for the year ended 31 March 2021, including the financial statements for that year and the Directors’ and auditor’s reports to the shareholders. 13
Slide 14: Brent King, Managing Director
Managing Director Brent King
Slide 15: General Finance Limited Balance Sheet Movements
Figure 1 - General Finance Limited Balance Sheet Movements 70 NZD S$million § 8 § 8 N fo} be ° _or 0 1) Mar 20 Apr 20 May 20 Jun 20 Jul20 Aug 20 Sep 20 Oct 20 Nov 20 Dec 20 Jan 21 Feb 21 Mar 21 Month Ending Total Assets Gross Loans Term Deposits (funding) ====Bank Deposits <—,Bonds = GENERAL CAPITAL
Slide 16: Group Balance Sheet Growth
Group Balance Sheet Growth 70,000 68,164 60,000 58,639 51,164 50,000 41,782 40,000 30,000 23,908 20,000 15,155 8,753 9,382 9,525 10,000 954 127 1,081 - Equity ($000) Total Liabilities ($000) Total Assets ($000) Mykco - 31 March 2018 GCL - 31 March 2019 GCL - 31 March 2020 GCL - 31 March 2021 16
Slide 17: Growth in General Finance Limited (Subsidiary)
Growth in General Finance Limited (Subsidiary) 80.0 75.0 71.3 70.0 64.5 65.0 65.0 61.0 60.0 58.5 55.2 55.0 51.4 50.0 47.7 47.1 45.4 45.0 41.8 40.2 41.2 40.0 34.5 35.0 31.4 30.0 25.2 25.8 25.0 20.2 20.1 20.0 17.2 14.5 15.1 15.0 13.2 13.5 12.7 12.9 12.2 10.2 10.1 9.3 11.1 10.0 9.6 5.7 5.8 5.9 6.0 6.1
Slide 18: FY22 Guidance
FY22 Guidance Guidance Outlook to 30 September 2021: -We expect September to be a record 6 monthly profit for the 6 months group due to the continued growth in the balance sheet. ending Outlook to 31 March 2022: 30/09/2021 -Given the uncertainties of the Covid-19 pandemic and capital Loan Receivable
Slide 19: Synthony Sponsorship
Synthony Sponsorship 19
Slide 20: Synthony Sponsorship
Synthony Sponsorship - oe CAPITAL
Slide 21: Synthony Sponsorship
Synthony Sponsorship = GENERA S Capita SYNTHONY 21
Slide 22: Resolution 5
Resolution 5 Auditors: To record that the Company’s auditors, Baker Tilly Staples Rodway Auckland, are automatically reappointed as auditors pursuant to section 207T of the Companies Act 1993 and to consider, and if thought fit, to pass the following ordinary resolution: ◦ “That the directors of the
Slide 23: Resolution 6
Resolution 6 Re-election of Director: Brent Douglas King: To consider and, if thought fit, to pass the following ordinary resolution: ◦ That Brent Douglas King, who retires by rotation at the Annual Meeting and is eligible for re-election, be elected as a director of the Company. 23
Slide 24: Resolution 7
Resolution 7 Re-election of Director: Graeme Iain Brown: To consider and, if thought fit, to pass the following ordinary resolution: ◦ That Graeme Iain Brown, who retires by rotation at the Annual Meeting and is eligible for re-election, be elected as a director of the Company. 24
Slide 25: Resolution 8
Resolution 8 Re-election of Director: Simon John McArley: To consider and, if thought fit, to pass the following ordinary resolution: ◦ That Simon John McArley, who retires by rotation at the Annual Meeting and is eligible for re-election, be elected as a director of the Company. 25
Slide 26: Questions and General Business
Questions and General Business = GENERAL CAPITAL y
Slide 27: Thank you for attending
Thank you for attending General Capital Limited's Annual Meeting = GENERAL S Capita
General Capital — Shareholder Meeting (September 2021) on 6ix