Orica Limited · ASX:ORI
Orica — Shareholder Meeting (December 2003)
28 slides from Orica's shareholder meeting presentation, Dec 17, 2003
Slide 1: ei, in I be
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Slide 2: Ordinary Dividend
Ordinary Dividend Cents per share Change Final 2003 2002 F/(U) - dividend 34 29 17% - franking 6.5 7.5 Total - dividend 52 44 18% - franking 11 15
Slide 3: Financial Summary
Orica Limited Financial Summary ASM Change Net profit after tax 2003 2002 F/(U) - before significant items 270 239 13% - after significant items 101 214 (53%)
Slide 4: 13% Increase in Underlying Profit
13% Increase in Underlying Profit* *Before significant items 4
Slide 5: Mining Services, Chemicals, Consumer Products, Fertilisers
Mining Services Chemicals Consumer Products Fertilisers
Slide 6: Strategy: Growth Scorecard 2003
Strategy Growth Scorecard 2003 A$M Mergers & Acquisitions 491 _—) Brownfield Expansion 57 $597M Capital management 49 7 LOW RISK GROWTH HAS MOMENTUM A
Slide 7: Incitec Pivot Limited, Australia's Largest Fertiliser Company
Incitec Pivot Limited, Australia’s Largest Fertiliser Company Incitec Pivot eee
Slide 8: ei, in I be
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Slide 9: Malcolm Broomhead, Managing Director & CEO
Malcolm Broomhead Managing Director & Chief Executive Officer
Slide 10: Orica's Approach
Orica’s Approach Strategy
Slide 11: Business EBIT 2003
Business EBIT 2003 ORICA Change 2003 2002 F/(U) Underlying EBIT 428 385 11% Mining Services 247 206 20% Fertilisers 43* 58 (26%) Consumer Products 89 76 18% Chemicals 107 88 22% *Includes 8 months Incitec Fertilizers and 4 months Incitec Pivot Limited 1
Slide 12: Orica's Approach
Orica’s Approach Strategy
Slide 13: Orica's Approach
Orica’s Approach Strategy
Slide 14: Culture
Culture Safety Health & Environment “No injuries to anyone ever” Commercial Ownership “Run the business as if it’s your own” Creative Customer Solutions “Think differently, deliver swiftly and capture the value” Working Together “Success as a team and success as an individual” 1
Slide 15: Orica
ORICA 15
Slide 16: Business Efficiency and Growth
BUSINESS EFFICIENCY AND GROWTH ORICA Wie) DL LL: a Tn MME ELLE Le Ly 7 yy yo Uy AZ Lig MN Lo | Lal as \me i ca D ie Gn a yy} Ye atin Ame pi i, ee yy yg y LV Uae Wi, GIDE Wy tii | Wuyi: yy ee Media U7 vy Uy Ua yy ae i yy Ug Wi ae eS WEE YW He ay yy By BAG y We US, he - 4 er i . | oh a yy Yi, a Co ZL)
Slide 17: Year EBIT of Current Businesses
10 YEAR EBIT OF CURRENT BUSINESSES ASM 500 - 450 4 400 4 350 4 300 + 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 BUILDING ON STRENGTH va ORICA 17
Slide 18: Strategy Principles
STRATEGY PRINCIPLES ¢ Market leadership ¢ Growing only economically profitable businesses ¢ Related growth BUILDING ON STRENGTH 18
Slide 19: Simple Strategy - Superior Results
Simple Strategy - ORICA Superior Results Bolt on acquisitions at A and geographic 4 expansion 9 Capital Lo Plant expansions that 2 meet IRR 15% & i] Expenditure 18% RONA minimum 4 Growth in o earnings Productivity. s . Im poe ens Organic growth and e increased : EEE productivity gains a oo Indust wi
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Slide 21: Election of Directors
Election of Directors
Slide 22: Election of Directors
Election of Directors ¢ Catherine Walter 22
Slide 23: Proxy Votes by Resolution
Proxy Votes by Resolution ORICA Resolution 2(a) For Against Abstain Open To re-elect Director 151,805,225 159,995 128,190 428,475 C Walter NB: These figures relate to proxies lodged 48 hours before the meeting 23
Slide 24: Election of Directors
Election of Directors ¢ Peter Kirby 24
Slide 25: Proxy Votes by Resolution
Proxy Votes by Resolution ORICA Resolution 2(b) For Against Abstain Open To elect Director 151,844,740 116,870 128,120 432,155 P Kirby NB: These figures relate to proxies lodged 48 hours before the meeting 25
Slide 26: Election of Directors
Election of Directors ¢ Michael Tilley 26
Slide 27: Proxy Votes by Resolution
Proxy Votes by Resolution ORICA Resolution 2(c) For Against Abstain Open To elect Director 151,186,876 189,167 713,687 432,155 M Tilley NB: These figures relate to proxies lodged 48 hours before the meeting 27
Slide 28: ei, in I be
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