WAM Strategic Value Ltd · ASX:WAR
WAM Strategic Value — Investor Presentation (September 2023)
12 slides from WAM Strategic Value's investor presentation, September 2023
Slide 1: WAM Strategic Value Q&A webinar
Wilson (, 25 Asset Management Making a difference W| A | M Strategic Value Access the recording Discounted asset opportunities. afte @;'I: Q&A webinar Geoff Wilson AO Jesse Hamilton WAM Strategic Value Chairman and Lead Portfolio Manager Chief Financial Officer Wilson Asset Management Chairman and C
Slide 2: Disclaimer
W|A|M Strategic Value Disclaimer Wilson Asset Management and their related entities and each of their respective directors, officers and agents (together the Disclosers) have prepared the information contained in these materials in good faith. However, no warranty (express or implied) is made as to
Slide 3: FY2023 results
W|A|M Strategic Value FY2023 results unaudited Wilson Asset Management FY2023 full year fully franked dividend Operating profit before tax” 3.5Cps $19.8m Increase on FY2022 full year fully franked dividend Investment portfolio performance* +16.7% +11.4% Gross assets Profits reserve” $211.4m 8.9cps P
Slide 4: 2.0 cents per share interim dividend guidance
W|A|M Strategic Value 2.0 cents per share interim dividend guidance, 4.0 cents per annualised fully franked dividend guidance Fully franked dividends (cents per share) Key dividend dates 5.0 40 Ex-dividend date 3 October 2023 Dividend record date (7:00pm . 4 October 2023 3.0 20 Sydney time) croner 2
Slide 5: Diversified investment portfolio by LIC/LIT sector
W|A|M Strategic Value Diversified investment portfolio by listed investment company/trust (LIC/LIT) sector As at 30 June 2023 = LIC/LIT Global Equities = LIC/LIT Domestic Equities Direct Discount Asset = LIC/LIT Fixed Interest = Cash & Cash Equivalents
Slide 6: Portfolio holdings
W|A|M Strategic Value © Cn gatton CIN CENTRE GROUP GDC MAGELLAN ¢ NGE Capital Limiced — NGE wend | _ _ Perpetual Equity Investment Company Limited © Platinum CAPITAL LIMITED, Equities Ltd. VGI PARTNERS Global Investments VG1 THORNEY SB2 TEK ~ As at 30 June 2023 ‘WAM Strategic Value received WAM Glob
Slide 7: Estimated impact on June 2023 pre-tax NTA from closing of discounts
W|A|M Strategic Value Estimated impact on June 2023 pre-tax NTA from closing of underlying investments share price discounts to NTA $1.40 $1.35 $0.03 $1.34 $0.0: $0.0 $0.0 $0.0 $0.0 $0.01 2 $0.03 — — — —_= == $0.04 $1.20 siq7 $1.15 $1.10 $1.05 $1.00 WAR pre-tax NTA wos vei PIA MGF NSC RGB ave URF Ot
Slide 8: Average discount across the Australian LIC sector
-7% -6% -5% -4% -3% -2% -1% 0% 2% 3% 4% 1% Oct-18 Dec-18 Feb-19 Apr-19 Jun-19 Aug-19 Oct-19 Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 Feb-21 Apr-21 Australian LIC sector Jun-21 Aug-21 Oct-21 Dec-21 Feb-22 Apr-22 Jun-22 Aug-22 Oct-22 Dec-22 Feb-23 Apr-23
Slide 9: Average discount across the global LIC sector
W|A|M Strategic Value Average discount across the global LIC sector 0% 5% -10% “15% -20% Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jul-22 Oct-22 Jan-23 Apr-23 Jan-22 Apr-22 Global LIC sector
Slide 10: Number of LICs and Market Cap
Number of LICs Market Cap ($m)
Slide 11: 1.80 1.70 1.60 1.50 1.40 1.30 1.20
1.80 1.70 1.60 1.50 1.40 1.30 1.20
Slide 12: Get in touch
Wilson ( 2 _ \ Asset Management «J / Making a difference in mor Investor — Jo ore than 85,000 weekly readers www.wilson Mmanagement.com Get in touch info@wilsonassetmanagement.com.au (02) 9247 6755 Oo0000
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