Hmc Capital Limited · ASX:HMC
Hmc Capital — Shareholder Meeting (November 2022)
39 slides from Hmc Capital's shareholder meeting presentation, Nov 23, 2022
Slide 1: AGM 2022 Presentation
ASX RELEASE 23 November 2022 AGM 2022 PRESENTATION Home Consortium Limited (trading as HMC Capital) (ASX: HMC) provides the attached presentation to be delivered at the Annual General Meeting 2022. The AGM will be held at Level 7, Gateway, 1 Macquarie Place, Sydney at 10.30am today. This announcemen
Slide 2: Annual General Meeting 2022
Annual General Meeting 2022 10:30am (Sydney time) Wednesday, 23 November 2022 Level 7, 1 Macquarie Place, Sydney 0
Slide 3: Acknowledgement of Country
ACKNOWLEDGEMENT OF COUNTRY HMC Capital acknowledges the Traditional Custodians of country throughout Australia and celebrates their diverse culture and connections to land, sea and community. We pay our respect to their Elders past, present and emerging and extend that respect to all Aboriginal and
Slide 4: Agenda
Agenda Chris Saxon #1 WELCOME & INTRODUCTION Chair #2 GROUP MANAGING DIRECTOR AND CEO ADDRESS #3 FORMAL BUSINESS #4 SUPPLEMENTARY INFORMATION David Di Pilla Group Managing Director & CEO 2 2
Slide 5: Welcome & Introduction
HMCopital WELCOME & INTRODUCTION
Slide 6: HMC Capital Board of Directors
HMC Capital Board of Directors David Di Pilla Chris Saxon Jane McAloon 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 7: Managing Director and Group CEO Address
MANAGING DIRECTOR AND GROUP CEO ADDRESS 5 5
Slide 8: HMC Capital Overview
HMC Capital Overview ASX-listed alternative asset manager led by experienced and aligned management team The new name and corporate identity align with our ambition to become Australia’s leading diversified alternative asset manager and the significant investment in our organisational capability Fun
Slide 9: FY22 Result Highlights
FY22 Result Highlights Transformational year of record growth in assets under management and earnings FINANCIAL FUNDS MANAGEMENT 31.0cps / $91.0m $5.8bn HMC Capital Partners Fund I FY22 PRE-TAX FFO ~$300m FIRST CLOSE EXTERNAL AUM1 +126% increase on FY21 First investment in Sigma Healthcare up ~22%3
Slide 10: HMC Capital Funds Management Platform Today
HMC Capital Funds Management Platform Today Scalable growth platforms underpinned by permanent capital sources and powerful megatrends Partners Fund I Established Nov-20 Sep-21 Aug-22 High conviction strategic stakes & Sector focus Daily needs retail property Healthcare & wellness property private e
Slide 11: HMC Capital’s Sustainability Framework
HMC Capital’s Sustainability Framework We are committed to sustainable practices that drive long term value creation and achieve a positive impact on the communities in which we operate SIX SUSTAINABILITY COMMITMENTS ENVIRONMENTAL SOCIAL GOVERNANCE 1. CLIMATE ACTION 3. CONNECTION 5. ALIGNMENT Active
Slide 12: HMC Capital’s Sustainability Framework
HMC Capital’s Sustainability Framework Net-Zero Emission Roadmap - Scope 1 & 2 Emissions reduction roadmap FY22 FY23 Solar Baseline Formed Net Zero Progress Solar Baseline Formed Solar installed on 18 sites EV Charging Rollout FY24 Net Zero Progress 5 Sites have EV 10% reduction chargers installed G
Slide 13: Guidance
Guidance Well positioned to maintain growth trajectory and grow AUM well beyond $10bn by 2024 FY23 Guidance In FY22 HMC Capital delivered FFO of 31.0 cps pre-tax (+126%) which included material transactional income (including trading profits) – We believe this is repeatable as we continue to scale
Slide 14: Formal Business
FORMAL BUSINESS HMCopital 12
Slide 15: Annual Report 2022
Annual Report 2022 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 2022 13
Slide 16: 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 2022 be adopted." Please note: Resolution 1 is advisory only and does not bind the Directors of the Compa
Slide 17: Proxy Voting Results
Resolution 1 Proxy Voting Results For: 94.01% Open: 0.10% Against: 5.89% 15
Slide 18: Re-election of Director – Gregory Hayes
Resolution 2 Re-election of Director – Gregory Hayes To consider and, if thought fit, to pass the following resolution as an ordinary resolution: "That Gregory Hayes, being eligible, be re-elected as a Director of the Company." 16
Slide 19: Proxy Voting Results
Resolution 2 Proxy Voting Results For: 96.58% Open: 0.05% Against: 3.37% 17
Slide 20: Issue of Performance Rights to David Di Pilla
Resolution 3 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 21: Proxy Voting Results
Resolution 3 Proxy Voting Results For: 96.02% Open: 0.09% Against: 3.89% 19
Slide 22: Change of Company Name
Resolution 4 Change of Company Name To consider and, if thought fit, to pass the following resolution as a special resolution: “That, for the purposes of sections 157(1) and 136(2) of the Corporations Act 2001 (Cth) and for all other purposes, approval is given to change the name of the Company from
Slide 23: Proxy Voting Results
Resolution 4 Proxy Voting Results For: 99.93% Open: 0.05% Against: 0.02% 21
Slide 24: Ratification of Appointment of Auditor
Resolution 5 Ratification of Appointment of Auditor To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That for the purposes of section 327B(1)(b) of the Corporations Act 2001 (Cth) and for all other purposes, and subject to PwC having received consent from
Slide 25: Proxy Voting Results
Resolution 5 Proxy Voting Results For: 99.93% Open: 0.05% Against: 0.02% 23
Slide 26: Reinsertion of Proportional Takeover Bid Provisions
Resolution 6 Reinsertion of Proportional Takeover Bid Provisions To consider and, if thought fit, to pass the following resolution as a special resolution: “That, for the purposes of section 648G of the Corporations Act 2001 (Cth) and for all other purposes, the proportional takeover bid provisions
Slide 27: Proxy Voting Results
Resolution 6 Proxy Voting Results For: 99.92% Open: 0.05% Against: 0.03% 25
Slide 28: Issue of New Options to Entity Controlled by David Di Pilla
Resolution 7 Issue of New Options to Entity Controlled by David Di Pilla To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.11 and for all other purposes, approval is given for the Company to issue 40,000 New Option
Slide 29: Proxy Voting Results
Resolution 7 Proxy Voting Results For: 96.00% Open: 0.09% Against: 3.91% 27
Slide 30: Issue of New Options to Entities Controlled by Zac Fried
Resolution 8 Issue of New Options to Entities Controlled by Zac Fried To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.11 and for all other purposes, approval is given for the Company to issue 200,000 New Options
Slide 31: Proxy Voting Results
Resolution 8 Proxy Voting Results For: 97.56% Open: 0.06% Against: 2.38% 29
Slide 32: Issue of New Options to Entity Controlled by Christopher Saxon
Resolution 9 Issue of New Options to Entity Controlled by Christopher Saxon To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.11 and for all other purposes, approval is given for the Company to issue 4,000 New Opti
Slide 33: Proxy Voting Results
Resolution 9 Proxy Voting Results For: 97.72% Open: 0.05% Against: 2.23% 31
Slide 34: Issue of New Options to Entity Controlled by Jane McAloon
Resolution 10 Issue of New Options to Entity Controlled by Jane McAloon To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.11 and for all other purposes, approval is given for the Company to issue 1,000 New Options
Slide 35: Proxy Voting Results
Resolution 10 Proxy Voting Results For: 97.72% Open: 0.05% Against: 2.23% 33
Slide 36: Issue of New Options to Entity Controlled by Kelly O’Dwyer
Resolution 11 Issue of New Options to Entity Controlled by Kelly O’Dwyer To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.11 and for all other purposes, approval is given for the Company to issue 1,000 New Options
Slide 37: Proxy Voting Results
Resolution 11 Proxy Voting Results For: 97.72% Open: 0.05% Against: 2.23% 35
Slide 38: Further Information
Further Information Investors and analysts Media Misha Mohl Will McMicking John Frey Group Head of Strategy, Research & IR Group Chief Financial Officer Corporate communications HMC Capital HMC Capital +61 422 371 575 +61 451 634 991 +61 411 361 361 misha.mohl@hmccapital.com.au william.mcmicking@hmc
Slide 39: Disclaimer
Disclaimer This presentation (Presentation) has been prepared by Home Consortium 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 info