Abacus Group · ASX:ABG

Abacus — Shareholder Meeting (November 2020)

14 slides from Abacus's shareholder meeting presentation, Nov 17, 2020

  1. Slide 1: Abacus Property Group Annual General Meeting

    Abacus Property Group Annual General Meeting 17 November 2020

  2. Slide 2: Chair Address

    Chair Address Myra Salkinder

  3. Slide 3: COVID-19 response

    COVID-19 response SUPPORTING OUR TEAM AND CUSTOMERS  Focus on providing safe, secure and healthy; workspaces for our team and tenants, public areas and storage facilities  Communication directly to all tenants – Ongoing as COVID-19 situation evolves  Centralised collection, review and decision ma

  4. Slide 4: Abacus platform FY20 overall

    Abacus platform FY20 overall WEIGHTED TOTAL AVERAGE GEARING FFO ASSETS CAP RATE A$3.3bn 6.00%1,2 26.5% $124.6m 18.2% on FY19 29bps on FY19 240bps on FY19 3.6% on FY19 NET STATUTORY FFO EPS DPS TANGIBLE PROFIT ASSETS 19.38cps 18.50cps $3.32ps3 $84.7m 13.0% on FY19 flat on FY19 0.3% on FY19 58.

  5. Slide 5: Sustainability – embedded in how we conduct business

    Sustainability – embedded in how we conduct business Actively exploring opportunities Integration of ESG across the business to drive long term and managing risks sustainable growth  Office portfolio NABERS Energy average of 4.26 stars (up from 4.1 stars at FY19) Solar installed  Office portfolio

  6. Slide 6: Managing Director Address

    Managing Director Address Steven Sewell

  7. Slide 7: Balance sheet allocation

    Balance sheet allocation $820 million of capital deployment into Office and Self Storage sectors enhance portfolio quality and stability of income JUNE 2020 JUNE 2019 $3.3 billion of Total Assets1 $2.8 billion of Total Assets1 Core Non-core Core Non-core 94% 6% 87% 13% $2.9 billion $183 million $2.3

  8. Slide 8: Clear competitive advantage

    Clear competitive advantage OFFICE (48% OF TOTAL ASSETS1) SELF STORAGE (39% OF TOTAL ASSETS1) $1.5 billion $1.2 billion Portfolio Value Portfolio Value 91.5% 88.1% Occupancy Occupancy 3.6 years 0.0% WALE Revenue per available meter (RevPAM) growth2 2.3% $281 like for like income growth RevPAM2 1. Ex

  9. Slide 9: Portfolio composition transitions

    Portfolio composition transitions Capital recycling into key focus sectors of Office and Self Storage Total Assets ($ billions) 1.6 1.4 1.2 1 0.8 0.6 0.4 0.2 0 Office Self Storage Retail Residential FY17 FY18 FY19 FY20 9 Abacus Property Group | FY20 AGM

  10. Slide 10: Business of the meetings

    Business of the meetings PROPERTY

  11. Slide 11: Resolutions

    Resolutions Item 1: Annual Financial Report To receive and consider the Annual Financial Report, Directors’ Report and Auditor’s Report of Abacus Property Group and its controlled entities for the year ended 30 June 2020 Resolution 2: Adoption of To adopt the Remuneration Report for the year ended 3

  12. Slide 12: Proxy results

    Proxy results Resolution For Open Against Resolution 2: 524,272,855 331,254 60,090,712 Adoption of remuneration 89.66% 0.06% 10.28% report Resolution 3: 580,373,105 335,239 3,926,995 Re-election of Myra Salkinder 99.27% 0.06% 0.67% as a director Resolution 4: 538,086,368 325,646 46,301,032 Grant of

  13. Slide 13: Important information

    Important information The information provided in this document is general, and may not be suitable for the specific purposes of any user of this document. It is not financial advice or a recommendation to acquire Abacus Property Group securities (ASX: ABP). Abacus Property Group believes that the i

  14. Slide 14: Slide 14

Abacus Group — Shareholder Meeting (November 2020) on 6ix