Qualitas Limited · ASX:QAL
Qualitas — Shareholder Meeting (November 2022)
23 slides from Qualitas's shareholder meeting presentation, Nov 18, 2022
Slide 1: Annual General Meeting Speeches and Presentation
ASX Announcement Qualitas Limited (ASX: QAL) 18 November 2022 For personal use only Qualitas Limited – Annual General Meeting Speeches and Presentation Qualitas Limited (ASX: QAL) (Qualitas or Company) attaches a copy of the Chair’s Address and Group Managing Director’s Address and presentation to b
Slide 2: About Qualitas
About Qualitas Qualitas Limited ACN 655 057 588 (Qualitas) is an ASX-listed Australian alternative real estate investment manager with approximately A$5.33 billion of committed funds under management. Qualitas matches global capital with access to attractive risk adjusted investments in real estate
Slide 3: Chair's Address: 2022 year in review
Qualitas Limited 2022 Annual General Meeting Addresses For personal use only 18 November 2022 Chair’s Address 2022 year in review The past year has been one of the most successful in Qualitas’ history and places us on a very firm footing for continuing growth and success. The 2022 financial year was
Slide 4: For personal use only
By embedding ESG considerations and processes into the way we do business, we believe we will enhance the risk-adjusted returns for Qualitas’ shareholders and the investors in our funds. As well, we are promoting a workplace that is inclusive, values diversity, and contributes to positive change for
Slide 5: Group Managing Director's Address
In closing, while market conditions have changed, bringing with it a more cautious macro environment, we confidently embarked upon this new financial year with a strong platform for further growth. On behalf of the Board, I would like to extend my thanks to every Qualitas employee for their hard wor
Slide 6: For personal use only
We delivered a final dividend of 4c per share, as forecast, representing 3 per cent annualised yield at the IPO issue price. Leveraging our strengthened balance sheet and higher profile enabled us to deliver both FUM and capital deployment growth well ahead of expectations. For personal use only We
Slide 7: ESG
ESG Turning to our commitment to best-practice ESG principles and behaviour. As Andrew mentioned, we are firmly committed to the integration and management of appropriate Environmental, Social and Governance measures throughout the organisation, in our For personal use only funds and investment proc
Slide 8: For personal use only
recession in the US, along with continuing COVID-19 restrictions in China – institutional investors are recognising the attractiveness of Australia as a key investment destination during the current global economic and political instability – and also longer term due to forecast population growth. T
Slide 9: Qualitas Annual General Meeting November 2022
For personal use only Qualitas Annual General (ASX:QAL) Meeting 18 November 2022 1
Slide 10: Acknowledgement of Country
For personal use only Acknowledgement of Country Qualitas acknowledges the Traditional Custodians of country throughout Australia and their ongoing connection to land, sea and community. We pay respect to their Elders past and present. Annual General Meeting 2022
Slide 11: Board of Directors
Board of Directors For personal use only Andrew Fairley AM Andrew Schwartz Independent Non-executive Group Managing Director, JoAnne Stephenson Director, Board Chairman Co-Founder and Chief Investment Officer Independent Non-executive Director Appointment date: 4 November 2021 Appointment date: 4 No
Slide 12: Executive management team
Executive management team For personal use only Andrew Schwartz Mark Fischer Philip Dowman Kathleen Yeung Group Managing Director Global Head of Real Chief Financial Officer Global Head of Corporate and Co-Founder Estate and Co-Founder Development Anna Wagner Dean Winterton Tim Johansen Head of Peop
Slide 13: Agenda
Agenda For personal use only 1 Chair’s address 2 Group Managing Director’s address 3 Formal items of business 4 General business Annual General Meeting 2022
Slide 14: Chair's address
For personal use only Chair’s address Annual General Meeting 2022
Slide 15: 2022 year in review
2022 year in review Three new Credit & $51m Equity Funds For personal use only • First year listed after oversubscribed IPO Average gross raising $335m allowed for co-investment Launched during FY222 investment size2,3 opportunities to attract institutional mandates (e.g. ADIA $700m via $35m co-inve
Slide 16: Our core values underpin our success
Our core values underpin our success For personal use only Our success since establishment 14 years ago is a true reflection of our team, their levels of engagement and our five core values which they uphold Respect Collaboration Entrepreneurship Treat all stakeholders fairly and Build collaborative
Slide 17: Group Managing Director's address
For personal use only Group Managing Director’s address Annual General Meeting 2022
Slide 18: Business and strategy summary; Group highlights
Business and strategy summary Group highlights For personal use only Qualitas’ 2022 financial year results represent our first financial results as a listed company following our successful $735 million1 Australian Securities Exchange (ASX) listing $36.6m 48.1% FY22 Group EBITDA3 FY22 EBITDA margin3
Slide 19: A strong start to FY23
A strong start to FY23 Significant deployment in commercial real estate (CRE) private credit in first quarter of FY23 and deep For personal use only investment pipeline $1,931m $1,732m1 $5.3bn 216 FUM1 Up 25% on FY22 $1,230m 490 $911m $864m $832m 1,025 $301m $238m $137m FY15 FY16 FY17 FY18 FY19 FY20
Slide 20: Our Environmental, Social & Governance beliefs and priorities
Our Environmental, Social & Governance beliefs and priorities For personal use only Long-term temperature goal Mitigate climate change Qualitas strongly endorses strengthening the Qualitas encourages borrowers to invest in real global response to climate change and is assets with a strong sustainabi
Slide 21: Key strategic pillars
Key strategic pillars One of Australia’s leading alternative real estate investment managers For personal use only Our strategy to deliver these outcomes focuses on four key pillars: AURA by Aqualand, Sydney • Capitalise on structural industry tailwinds • Focus on sustainable FUM growth • Expand our
Slide 22: Outlook and guidance
Outlook and guidance For personal use only FY23 outlook FY23 guidance • Whilst we have experienced a strong first quarter of new FUM Estimated range and capital deployment, we are heading into a more cautionary environment with a further 8 months to go in the financial year $30m - $33m • We have a s
Slide 23: Thank you
For personal use only Thank you Annual General Meeting 2022