Agl Energy Limited · ASX:AGL
Agl Energy — Corporate Update (March 2022)
21 slides from Agl Energy's corporate update, Mar 3, 2022
Slide 1: Newcastle Community Dialogue Group
Newcastle Community Dialogue Group Thursday, 3 March 2022
Slide 2: Acknowledgement of Traditional Owners
AGL recognises the Traditional Owners of the lands on which we work and we pay our respect to their Elders past, present and emerging. 2
Slide 3: Agenda
Open and welcome, apologies, 1 4 General business, next meeting declarations, previous minutes, and close business arising and correspondence 2 Newcastle Gas Storage Facility latest news 3 AGL Update
Slide 4: Open and Welcome
Open and Welcome Apologies, declarations, previous minutes, business arising and correspondence
Slide 5: Newcastle Gas Storage Facility Latest news
Newcastle Gas Storage Facility Latest news
Slide 6: Newcastle Gas Storage Facility operations update
• Several plant critical improvements completed • Liquefaction commenced • Several plant critical improvements completed • Some major power dips tripped the plant • Ausgrid contacted – investigation in progress • COVID restrictions relaxed 6 Newcastle Community Dialogue Group – 3 March 2022
Slide 7: Environmental compliance and monitoring
• The 2020-2021 Annual Return Report was submitted to the NSW EPA in September with no non-conformances recorded during the reporting period. • Nationally Pollution Inventory (NPI) and Sustainability Data was submitted in September to all relevant stakeholders and made publicly available. FY22 Data
Slide 8: Newcastle Community Dialogue Group – 3 March 2022
8 Newcastle Community Dialogue Group – 3 March 2022
Slide 9: AGL Update
AGL Update
Slide 10: 10
10
Slide 11: Cost discipline and capital management priorities
Cost discipline and capital management priorities will ensure new entities are well positioned from day one Underlying profit Operating after tax: costs: $194mM | down ai% $761 M | down 7% Excluding 1H21 insurance proceeds, down 23% Underlying EBITDA: $723M| down 21% AGL Australia EBITDA $295m Exclu
Slide 12: Operational and trading performance remained strong in the first half
Operational and trading performance remained strong NZ in the first half @) Increasing flexibility of fleet, © available when needed COMMERCIAL AVAILABILITY 73.7% % a%vs Hv21 + Positive performance of Liddell and Loy Yang, supported by adjusted Liddell sweet spot running + Enabled improved future Ba
Slide 13: Demerger update
Demerger update Creating a strong future @ a a Accel e ag| == Energy Jan
Slide 14: Creating two industry leading energy companies
Creating two industry leading energy companies Well positioned to implement the proposed demerger on 30 June 2022, subject to relevant approvals NEW UPDATES PROGRESS FIRST HALF 10 February 2022 yp weerstens g ) ) ) Asset allocation finalised Chair-elect and CEO-elect appointments announced for each
Slide 15: Creating a strong future for both parts of our business
Creating a strong future for both parts of our business; Supporting Australia's decarbonisation Through our proposed demerger, we are transforming our business in order to take a leadership role in enabling Australia’s energy transition, creating long-term value and sustainable investment opportunit
Slide 16: AGL Australia purpose and strategic pillars
Our Purpose: Connecting every Australian to a sustainable future STRATEGIC PILLARS OUR ASPIRATIONS OUR FOCUS Customer Obsessed Re Powering the way we live, work and move Retail energy leadership at scale - a trusted Australian brand, that builds and retains valuable relationships, with a broad, conv
Slide 17: Accel Energy - Advancing a new energy future
a Accel Accel Energy - Advancing anew energy future, together “= Energy In a changing energy future... DECARBONISATION = ESG [BESSHe in debt, equity and insurance Opportunities for low carbon energy DECENTRALISATION DIGITISATION GOVERNMENTS Smaller assets Ability to optimise Increasing direct involv
Slide 18: Climate Commitments
Slide 19: Enabling the future of energy
Enabling the future of energy Our climate commitments demonstrate decisive action to accelerate our pathway to decarbonisation \l L AGL AUSTRALIA WILL BE A NET ZERO ENERGY ACCEL ENERGY WILL CLOSE ALL COAL GENERATION ~ agl BUSINESS BY 2040 ASSETS NO LATER THAN 2045 1. Carbon Neutral for all Scope 1 a
Slide 20: General business, next meeting and close
General business, next meeting and close
Slide 21: Jo Ferguson, Community Relations Coordinator
Jo Ferguson Community Relations Coordinator AGLCommunity@agl.com.au