Hmc Capital Limited · ASX:HMC
Hmc Capital — Shareholder Meeting (November 2023)
32 slides from Hmc Capital's shareholder meeting presentation, Nov 15, 2023
Slide 1: HM Capital AGM
HM Capital 11:00am (Sydney time) Wednesday, 15 November 2023 Level 7, 1 Macquarie Place, Sydney
Slide 2: Journey Tracks to Sacred Sites
1 Journey Tracks to Sacred Sites Tony Sorby (2021) © the artist courtesy Kate Owen Gallery
Slide 3: Chris Saxon and David Di Pilla
Chris Saxon Chair David Di Pilla Group Managing Director & CEO 2
Slide 4: Welcome & Introduction
HMCopital WELCOME & INTRODUCTION
Slide 5: HMC Capital Board of Directors
HMC Capital Board of Directors David Di Pilla Chris Saxon Susan Roberts Zac Fried Group Managing Chair Non-Executive Director Non-Executive Director Director and CEO Greg Hayes Kelly O’Dwyer Brendon Gale Non-Executive Director Non-Executive Director Non-Executive Director 4
Slide 6: Managing Director & Group CEO Address
HMCopital MANAGING DIRECTOR & GROUP CEO ADDRESS
Slide 7: HMC Capital Overview
HMC Capital Overview ASX-listed alternative asset manager led by experienced and aligned management team $8.1bn 93% #5 >80 Funds under management1 TSR since IPO2 Funds established Professionals Overview Funds Management Platform ASX-listed alternative Outperformed the S&P/ASX 200 index by 70% 1 asse
Slide 8: Results Overview
Results Overview Established 3 major new unlisted growth platforms and expanded institutional investor base FINANCIAL FUNDS RESULT MANAGEMENT NEW FUNDS ESTABLISHED Operating Funds Under HMC Capital Partners Fund I (HMC-CP) Earnings Management ✓ Private Equity Fund launched in Sep-22 and delivering s
Slide 9: HMC Capital Strategy
HMC Capital Strategy High return on equity alternative asset manager Business models Strategy To be a diversified large-scale alternative asset manager and scale we admire Financial Target 20%+ return on equity target over the medium-term Competitive Creating value through large-scale and complex tr
Slide 10: HMC Capital's Sustainability Framework
HMC Capital’s Sustainability Framework Sustainable practices that drive long term value creation and positive community impact ENVIRONMENTAL SOCIAL GOVERNANCE ▪ On track with Net Zero Energy Roadmap ▪ Establishment of HMC Capital Foundation to ▪ Received a rating of AA (on a scale of AAA – accelerat
Slide 11: New Growth Frontiers
New Growth Frontiers Our entry into new sectors will support our strategy to maintain our strong FUM growth trajectory Assessing multiple strategic growth opportunities to significantly grow FUM Situation overview Future growth opportunities ▪ HMC Capital is investigating a range of opportunities to
Slide 12: Outlook and Guidance
Outlook and Guidance Well positioned to maintain strong growth trajectory and establish new major capital partnerships FY24 Outlook & Guidance ▪ HMC Capital is well positioned to grow funds under management over the next 12 months and beyond. – We remain on-track to achieve our $10bn1 funds under ma
Slide 13: Formal Business
FORMAL BUSINESS HMCopital 12
Slide 14: Annual Report 2023
Annual Report 2023 Financial Report, Directors’ Report and Auditor’s Report To receive and consider the Financial Report, Directors’ Report and Auditor’s Report for the year ended 30 June 2023. 13
Slide 15: Remuneration Report
Resolution 1 Remuneration Report To consider and, if thought fit, to pass the following non-binding resolution as an ordinary resolution: "That the Remuneration Report for the year ended 30 June 2023 be adopted.” Please note: Resolution 1 is advisory only and does not bind the Directors of the Compa
Slide 16: Proxy Voting Results
Resolution 1 Proxy Voting Results For: 97.29% Open: 0.12% Against: 2.59% 15
Slide 17: Election of Director – Susan Roberts
Resolution 2 Election of Director – Susan Roberts To consider and, if thought fit, to pass the following resolution as an ordinary resolution: "That Susan Roberts, being eligible, be elected as a Director of the Company." 16
Slide 18: Proxy Voting Results
Resolution 2 Proxy Voting Results For: 98.49% Open: 0.07% Against: 1.44% 17
Slide 19: Re-Election of Director – The Hon. Kelly O'Dwyer
Resolution 3 Re-Election of Director – The Hon. Kelly O’Dwyer To consider and, if thought fit, to pass the following resolution as an ordinary resolution: "That The Hon. Kelly O’Dwyer, being eligible, be re-elected as a Director of the Company." 18
Slide 20: Proxy Voting Results
Resolution 3 Proxy Voting Results For: 97.22% Open: 0.07% Against: 2.71% 19
Slide 21: Issue of Performance Rights to David Di Pilla
Resolution 4 Issue of Performance Rights to David Di Pilla To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, pursuant to and in accordance with Listing Rule 10.14 and for all other purposes, approval is given for the Company to issue Performance Righ
Slide 22: Proxy Voting Results
Resolution 4 Proxy Voting Results For: 87.57% Open: 0.16% Against: 12.27% 21
Slide 23: Approval of the Employee Equity Plan
Resolution 5 Approval of the Employee Equity Plan To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, pursuant to and in accordance with Listing Rule 7.2, Exception 13 and for all other purposes, Shareholders approve the issue of any Equity Securities
Slide 24: Proxy Voting Results
Resolution 5 Proxy Voting Results For: 96.54% Open: 0.11% Against: 3.35% 23
Slide 25: Approval of the Non-Executive Director Equity Plan
Resolution 6 Approval of the Non-Executive Director Equity Plan To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, pursuant to and in accordance with Listing Rule 10.14 and for all other purposes, Shareholders approve the grant of Fee Sacrifice Rights
Slide 26: Proxy Voting Results
Resolution 6 Proxy Voting Results For: 97.46% Open: 0.07% Against: 2.47% 25
Slide 27: Ratification of Prior Issue of December Placement Options
Resolution 7 Ratification of Prior Issue of December Placement Options To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, the issue of 2,455,102 Placement Options announced to ASX on 23 November 2022 on the terms and conditions summarised in the Expla
Slide 28: Proxy Voting Results
Resolution 7 Proxy Voting Results For: 99.41% Open: 0.07% Against: 0.52% 27
Slide 29: Ratification of Prior Issue of March Placement Shares
Resolution 8 Ratification of Prior Issue of March Placement Shares To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, the issue of 35,714,286 Placement Shares announced to ASX on 30 March 2023 on the terms and conditions summarised in the Explanatory
Slide 30: Proxy Voting Results
Resolution 8 Proxy Voting Results For: 99.37% Open: 0.08% Against: 0.55% 29
Slide 31: Further Information
Further Information Investors and analysts Media Misha Mohl Will McMicking John Frey Group Head of Strategy, Research & Group Chief Financial Officer Corporate communications Investor Relations +61 422 371 575 +61 451 634 991 +61 411 361 361 misha.mohl@hmccapital.com.au william.mcmicking@hmccapital.
Slide 32: Disclaimer
Disclaimer This presentation (Presentation) has been prepared by HMC Capital Limited (ACN 138 990 593) (HMC Capital). Summary information This Presentation contains summary information about the current activities of HMC Capital and its subsidiaries as at the date of this Presentation. The informati