Washington H. Soul Pattinson And Company Limited · ASX:SOL
Washington H. Soul Pattinson And — Shareholder Meeting (December 2023)
13 slides from Washington H. Soul Pattinson And's shareholder meeting presentation, Dec 8, 2023
Slide 1: Annual General Meeting
Annual General Meeting Financial Year 2023 8 December 2023 SoulPatts.com.au
Slide 2: Agenda
Agenda Chairman’s Address CEO & Managing Director’s Presentation Formal Business Questions 2
Slide 3: Chairman's Address
Gi SoulPatts Chairman’s Address
Slide 4: Board of Directors
Board of Directors Robert Millner AO Todd Barlow David Baxby Tiffany Fuller Chairman CEO & Managing Director Non-Executive Director Non-Executive Director Michael Hawker AM Thomas Millner Joe Pollard Josephine Sukkar AM 4 Lead Independent Director Non-Executive Director Non-Executive Director Non-Ex
Slide 5: Board changes
Board changes Thomas Millner David Baxby Tiffany Fuller Josephine Sukkar AM Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Member of the Nomination Committee, Member of the Nomination Committee, Chair of the Audit Committee, Member Chair of the People, Cu
Slide 6: CEO & Managing Director's Presentation
CEO & Managing Director’s Presentation 6
Slide 7: Performance highlights
Performance highlights Increased cash generation Portfolio outperformed Managing investment risk Net Cash Flow From Investments Net Asset Value (pre-tax) Cash balance at year end $424.3m $10.8b $911.0m 22.0% $0.9b 87.3% • NCFFI grew by 28.0% in FY22 • NAV per share outperformed • Managing market ris
Slide 8: Continued dividend growth
Continued dividend growth • Final dividend (fully franked) of 51 cents per share • Total ordinary dividends of 87 cents per share, 20.8% higher than prior year 23 consecutive years of ordinary dividend growth 87 72 60 62 56 58 52 54 48 50 44 46 40 32 34 29 30 25 27 20 17 14 11 11 2000 2001 2002 2003
Slide 9: Consistent long-term performance
Consistent long-term performance Total Shareholder Return (p.a.) 1 year 5 year 10 year 15 year 20 year SOL 32.4% 11.3% 12.4% 11.3% 12.5% All Ords Accumulation Index 11.1% 7.7% 8.5% 7.1% 9.0% Outperformance 21.3% 3.6% 3.9% 4.2% 3.5% Cumulative performance to 31 July 2023 including reinvestment of div
Slide 10: Scaling operations
Scaling operations • Operational growth to oversee increased activity Investing activity Re-allocation $3.1b $1.4b combined value of buying and sold across large caps and selling across portfolio emerging companies Private markets Cash available $0.9b $0.9b invested in private equity and liquidity f
Slide 11: First quarter update
First quarter update Portfolio resilience Continued investment activity • Portfolio1 returned -0.4% in • 1Q investments across Soul the quarter ended Patts Agriculture, Credit, and 31 October 2023 (1Q) Emerging Companies vs All Ords returning -7.3% Portfolios • Recent performance driven • $469.0m of
Slide 12: Disclaimer
Disclaimer This document has been prepared by Washington H. Soul Pattinson and Company Limited No responsibility is accepted by WHSP or any of their respective officers, employees, shareholders, (‘Soul Patts’). Except as required by law, no representation or warranty, express or implied, is advisers
Slide 13: Thank you
Thank you For more information please contact: Investor Relations chowe@SoulPatts.com.au SoulPatts.com.au
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