Plenti Group Ltd. · ASX:PLT
Plenti — Shareholder Meeting (August 2024)
24 slides from Plenti's shareholder meeting presentation, Aug 20, 2024
Slide 1: Annual General Meeting
Plenti For more information please contact: Miles Drury, CFO, shareholders@plenti.com.au Annual General Meeting
Slide 2: Board of Directors
Mary Ploughman Daniel Foggo Peter Behrens Chairman and Independent Non-Executive Director Independent Non-Executive Non-Executive Director Director Susan Forrester AM Stephen Benton Independent Non-Executive Independent Non-Executive Director Director 2
Slide 3: Executive team
Adam Bennett Miles Drury Georgina Koch Chief Executive Officer Chief Financial Officer General Counsel and Company Secretary Ben Milsom Glenn Riddell Simon Cordell Chief Commercial Officer Chief Operating Officer Chief Risk Officer 3
Slide 4: Online Q&A
Online Q&A 3. Type your question and 2. Insert your question at ‘I’d like to speak’ if you 1. Click on the Q&A icon the bottom of the screen & would like to ask your press enter to submit (include your SRN or HIN at the start of your question so question verbally that you can be identified as a shar
Slide 5: Chairman Address
Plenti Chairman Address
Slide 6: CEO Address
Plenti CEO Address
Slide 7: Loan portfolio growth and mix by FY
2,000 200 52% 3-year 58% 3-year CAGR CAGR 1,500 150 1,000 70%1 100 500 50 0 0 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Automotive Renewable energy Personal 7 1. Lower credit risk secured automotive and renewable energy loans represented 70% of the loan portfolio at the e
Slide 8: Cash NPAT is after the expensing of all technology investment
) • Cash NPAT is after the expensing of all technology investment 5 48% 2H – $12.6m of technology cost in FY24 10 growth yoy • Profitability is typically skewed to 2H – $4.6m Cash NPAT in 2H24 was up 48% on 4 pcp 5 • Cash NPAT growth of 48% in 2H on pcp, versus 36% growth for the full year 3 0 2 (5)
Slide 9: Expected to accelerate the achievement of Plenti's scale and profitability ambitions
‘NAB powered Renewable energy finance Commitment and Equity investment by Plenti’ car and EV loan referrals opportunities • Co-branded car and EV loan • Select Plenti renewable energy • NAB has rights to acquire up to • Initial partnership term of 5 launched to NAB staff in June finance solutions ex
Slide 10: Access exclusive household renewable energy offers and discounts
Access exclusive household renewable energy offers and discounts Single application experience extends to easy sign- up to energy plans and virtual power plants (VPPs) Unlock on-going financial savings accelerating the payback period on equipment (including batteries) Access attractive Plenti financ
Slide 11: Plenti is a prime lender, focused on lending to borrowers with strong credit
• Plenti is a prime lender, focused on lending to borrowers with strong credit characteristics. 5.0% 900 Period end portfolio characteristics included: – 835 weighted average Equifax credit score, well above credit active population average 4.0% – 72% of lending to homeowners (at time of Decline sup
Slide 12: Plenti team and partners
Plenti team and partners Bringing our customers’ big ideas to life u Plenti 2
Slide 13: Items of business
Items of business Plenti Item 7 Financial statements and reports Item 2 — Resolution 2 Adoption of Remuneration Report Item 3 — Resolution 3 Re-election of Susan Forrester as Director Item 4 — Resolution 4 Election of Daniel Foggo as a Director Item 5 — Resolution 5 Approval of Issue of STI Share Ri
Slide 14: Registration and Voting
Registration and Voting 1. Log in or register at: 2. Click view and register 3. Record your vote. Once https://investor.automic.com.au/#/home your attendance for the you confirm it is lodged and meeting final To contact support: Call 1300 816 159 or open live chat from the Investor Portal
Slide 15: Annual Financial Report
• To receive and to consider the Annual Financial Report of the Company for the financial year ended 31 March 2024 together with the declaration of the Directors, the Directors’ Report, the Remuneration Report and the Auditor’s Report for that financial year. Note: This item is for discussion only 1
Slide 16: Remuneration Report
• To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “That, the Remuneration Report for the financial year ended 31 March 2024, be adopted.” Note: the vote on this Resolution is advisory only and does not bind the Directors or the Company 16
Slide 17: Re-election of Susan Forrester
• To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “To re-elect Susan Forrester as a Director of the Company.” 17
Slide 18: Election of Daniel Foggo
• To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “To elect Daniel Foggo as a Director of the Company.” 18
Slide 19: STI Share Rights for Daniel Foggo
• To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “That the issue and allotment of 202,003 STI Share Rights to Mr Daniel Foggo, Director and outgoing CEO of the Company, under the Company’s FY24 Short Term Incentive Plan, as described in the Explanatory S
Slide 20: Approval of Future Issue of Securities
• To consider and, if thought fit, to pass the following resolution as a Special Resolution: “That, for the purposes of ASX Listing Rule 7.1A and for all other purposes, the issue of equity securities up to 10% of the issued capital of the Company (at the time of issue) calculated in accordance with
Slide 21: Employee Equity Plan
• To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “That for the purposes of ASX Listing Rule 7.2 (Exception 13(b)) and for all other purposes, the issue of up to 8,766,068 equity securities under the Company’s Employee Equity Plan as described in the Expl
Slide 22: Conducting of the poll
Conducting of the poll
Slide 23: Other business
Other business
Slide 24: Meeting close
Meeting close