Xero Limited · ASX:XRO
Xero — Shareholder Meeting (July 2015)
14 slides from Xero's shareholder meeting presentation, Jul 22, 2015
Slide 1: Xero Limited Annual Meeting - Chairman's introduction
XERO LIMITED - ANNUAL MEETING WEDNESDAY 22 JULY 2015 Chairman’s introduction Welcome For personal use only Good afternoon and welcome to Xero’s Annual Meeting for 2015. I’m pleased to be speaking on behalf of the Board, as Chairman, for my second Xero Annual Meeting. To begin, I’ll introduce our Boa
Slide 2: Tribute to retiring director Graham Shaw
Graham joined Xero’s Board in 2006, shortly after Xero’s incorporation and prior to its listing on the NZX in 2007. He has been instrumental over the last 9 or so years bringing Xero to the global stage, from a handful of employees in an apartment back in 2006 to over 1200 employees across 20 office
Slide 3: Annual meeting
For personal use only Annual meeting 1
Slide 4: Chris Liddell, Chairman of the Board
For personal use only Chris Liddell Chairman of the Board 2
Slide 5: Graham Shaw
For personal use only Graham Shaw 3
Slide 6: Resolutions
For personal use only Resolutions 4
Slide 7: Fixing the Remuneration of the Auditor
Resolution 1 - Fixing the Remuneration of the Auditor For personal use only That the Board is authorised to fix the remuneration of the auditor. Proxies: FOR AGAINST DISCRETIONARY 52,617,708 (99.830%) 2,155 (0.004%) 87,374 (0.166%) 5
Slide 8: Election of Graham Smith as a Director
Resolution 2 - Election of Graham Smith as a Director For personal use only That Graham Smith, appointed by the Board as an additional Director on 25 February 2015, be elected as a Director of Xero Limited. Proxies: FOR AGAINST DISCRETIONARY 52,595,788 (99.75%) 43,261 (0.08%) 89,624 (0.17%) 6
Slide 9: Re-election of Craig Elliott as a Director
Resolution 3 - Re-election of Craig Elliott as a Director For personal use only That Craig Elliott, retiring from office as a Director of Xero Limited by rotation, be re-elected as a Director of Xero Limited. Proxies: FOR AGAINST DISCRETIONARY 52,607,921 (99.778%) 29,766 (0.056%) 87,474 (0.166%)
Slide 10: Re-election of Craig Winkler as a Director
Resolution 4 - Re-election of Craig Winkler as a Director For personal use only That Craig Winkler, retiring from office as a Director of Xero Limited by rotation, be re-elected as a Director of Xero Limited. Proxies: FOR AGAINST DISCRETIONARY 52,480,525 (99.557%) 145,944 (0.277%) 87,584 (0.166%)
Slide 11: Approval of the 2016 Options to Chris Liddell and Bill Veghte
Resolution 5 - Approval of the 2016 Options to be granted to For personal use only Chris Liddell and Bill Veghte That the grant of options to subscribe for ordinary shares in Xero Limited to Chris Liddell and Bill Veghte, as remuneration for their roles as Directors of Xero Limited (equating to an a
Slide 12: Approval of the issue of Ordinary Shares to Lee Hatton
Resolution 6 - Approval of the issue of Ordinary Shares to Lee For personal use only Hatton That the issue of ordinary shares in Xero Limited to Lee Hatton in lieu of cash, as remuneration for her role as a Director of Xero Limited to a value of NZ$70,000 per annum on the terms set out in the Explan
Slide 13: Amendment to the U.S. Scheme
Resolution 7 - Amendment to the U.S. Scheme For personal use only That the Xero Limited (USA) Equity Incentive Scheme be amended to allow for a total of 4.4m equity securities (whether options to subscribe for ordinary shares or restricted stock units or a combination of both) to be allocated pursua
Slide 14: Amendment to the U.S. Scheme (equity securities calculation)
Resolution 8 - Amendment to the U.S. Scheme For personal use only That, in calculating the number of equity securities allocated for the purpose of the U.S. Equity Scheme Cap (as defined in resolution 7), any equity securities that: (a) are allocated pursuant to the U.S. Scheme after the date of thi