Australian Bond Exchange Holdings Ltd. · ASX:ABE
Australian Bond Exchange — Shareholder Meeting (November 2022)
28 slides from Australian Bond Exchange's shareholder meeting presentation, Nov 28, 2022
Slide 1: AGM Presentation
Australian Bond Exchange Holdings Ltd. Level 19, 1 O'Connell Street, Sydney 2000 P.O. Box R445, Royal Exchange NSW 1225 ABN 11 629 543 193 | AFSL 484 453 For personal use only Telephone: (02) 8076 9343 support@bondexchange.com.au www.bondexchange.com.au AGM Presentation 28 November 2022 Australian B
Slide 2: About Australian Bond Exchange Holdings
About Australian Bond Exchange Holdings Australian Bond Exchange Holdings (ASX: ABE) is an Australian financial services company that uses its proprietary technology to provide Australian Investors with access to the global financial markets. ABE has developed a direct, efficient and cost-effective
Slide 3: Chair Address: Allan Farrar
Australian Bond Exchange Pty. Ltd. Level 19, 1 O’Connell Street, Sydney 2000 P.O. Box R445, Royal Exchange NSW 1225 ABN 73 605 038 935 | AFSL 484 453 Telephone: (02) 8076 9343 admin@bondexchange.com.au For personal use only www.bondexchange.com.au 28 November 2022 CHAIR ADDRESS: ALLAN FARRAR Welcome
Slide 4: For personal use only
The Board is joined by our Company Secretaries, Steve Alperstein and Peter Foltman; our ABE Capital Markets Managing Director, Nick Baber; and our General Manager, Policy & Operations, Simon McCarthy. Our Auditor, Kreston Stanley Williamson is present and represented by Audit Partner, Kamal Thakkar
Slide 5: CEO Address: Bradley McCosker
Australian Bond Exchange Pty. Ltd. Level 19, 1 O’Connell Street, Sydney 2000 P.O. Box R445, Royal Exchange NSW 1225 ABN 73 605 038 935 | AFSL 484 453 Telephone: (02) 8076 9343 admin@bondexchange.com.au For personal use only www.bondexchange.com.au 28 November 2022 CEO ADDRESS: BRADLEY MCCOSKER Aroun
Slide 6: For personal use only
big data, artificial intelligence, and data science and has held previous roles at CSC Australia, KPMG Consulting and Credit Suisse. The ABE Executives are supported by a talented and experienced team with skillsets in sales and trading, marketing, and technology. Growing our talented team has been
Slide 7: For personal use only
In many financial markets, there are significant barriers to entry for smaller investors. Many of these barriers to entry reflect historical market norms. What ABE is doing is breaking down those barriers and making it possible for the large number of smaller investors to access the markets that are
Slide 8: For personal use only
Looking forward we are excited about the position we are in today – enjoying a strong sustainable competitive advantage. ABE provides easy access to bonds for all investors through the OTC transaction market which is attractive for private client investors. For personal use only We have developed a
Slide 9: 2022 Annual General Meeting of Shareholders
AUSTRALIAN EXCHANGE FOr persona 2022 Annual General Meeting of Shareholders
Slide 10: Agenda
Agenda Chairman’s Welcome and Address CEO’s Address Formal Business Shareholder Questions
Slide 11: Chairman's welcome and address
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Slide 12: Board of Directors
FOr peropnial u use only Board of Directors T ',. . » 4 ® Ty Aw Allan Nina Farrar Vanneck Chairman Independent Non-executive Director Bradley McCosker Managing Director & Chief Executive Officer X pustRALIAN BOND EXCHANGE Michael Uanderdonk Director & Chief Technology Officer
Slide 13: For personal use only
For personal use only Everything we do is driven by our vision that everyone should have equal access to financial products. We work to deliver on this vision by offering investors attractive financial products and providing our clients with a user friendly, efficient and transparent means to make f
Slide 14: For personal use only
For personal use only • • • • • • •
Slide 15: CEO Address
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Slide 16: Senior Management Team
Senior Management Team aoe" een Peter Simon Bradley Michael Foltman McCarthy McCosker Uanderdonk Financial General Manager Managing Director Director & Chief Controller Policy & & Chief Executive Technology Operations Officer Officer
Slide 17: FY22 Highlights
FY22 Highlights 494% new clients on 2021 Face value of Bonds available through ABE up 230% on 2021 _il Private clients transactions volume up 61% on 2021 Ll 2019 ©2020 = 20212022 2019 2020 2021 2021 2022 % eusTRALIAN BOND EXCHANGE Establishment of Singapore subsidiary to capitalise on global market
Slide 18: For personal use only
For personal use only - Private client revenue reached a record high of $1.1 million for the quarter to 30 September 2022 - Increase in revenue of 68% over the prior quarter and up 224% compared to same period last year - Net operating cash flow negative $473,000 due to timing differentials from pre
Slide 19: The problem we are solving
The problem we are solving coe Expensive transactions with high barriers to entry Current OTC market access Small number of financial institutions Large Large 9 S executing large trades 8 Financial Financial lanicl Institutions Institutions No. of market participants Transaction size BARRIER TO ENTR
Slide 20: Bonds represent a sizeable market opportunity
Bonds represent a sizeable ae en market opportunity EXCHANGE The bond market is significantly larger than the equity market Australian Primary Issuance - Bond & Global Primary Issuance — Bond & Equities (AUD Billions) Equities (AUD Trillions) a 45 2 3 40 ig 35 30 25 20 15 10 Ss SEES S SKIP IF FSS SI
Slide 21: For personal use only
For personal use only • Securities trading • Brokerage on transactions as part of our financial advice and dealing services division; and • Origination and arranging fees. *Market data, Transaction Services, Settlement, Custody and Post Trade Services.
Slide 22: For personal use only
For personal use only Australian Bond Exchange’s main growth strategy is to gain market share by targeting and growing our private client base. We intend to do this by continuing to: • Increase sales and marketing activities • Develop multiple distribution channels including the online self-service
Slide 23: Our strong competitive advantage
= = © ® WY) =) ©) < Oo ) ss @) or = (©) [LIL Our strong competitive Proprietary innovative technology solution offering market transparency and investor protection Access to numerous client acquisition channels advantage de mr Scalable business model with significant barriers to entry Ability to tai
Slide 24: Formalities
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Slide 25: Resolutions
Resolutions Resolution 1: Adoption of Remuneration Report Resolution 2: Re-election of Allan Farrar as a Director of the Company Resolution 3: Appointment of Auditor +p AUSTRALIAN BOND EXCHANGE
Slide 26: Shareholder Questions
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Slide 27: For personal use only
For personal use only In responding to questions and in talking about new initiatives and our financial and operating performance for the Australian Bond Exchange Group of companies presenting today we may make forward-looking statements including forward-looking statements within the meaning of app
Slide 28: For personal use only
=> = Qustralian Bond Exchange Pty. Ltd. qaheve! 19, 1 O'Connell Street, Sydney 2000 ‘ » \ * Bond Exchange Limited) ‘For personal ys 7 nee: AUSTRALIAN BOND EXCHANGE
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