Schroders Plc · LSE:SDR
Schroders — Shareholder Meeting (April 2023)
17 slides from Schroders's shareholder meeting presentation, Apr 27, 2023
Slide 1: Welcome to the 2023 Annual General Meeting
SCHRODERS PLC ANNUAL GENERAL MEETING 27 April 2023 Welcome to the 2023 Annual General Meeting Marketing material for professional clients only.
Slide 2: Dame Elizabeth Corley, Chair
SCHRODERS PLC ANNUAL GENERAL MEETING 27 April 2023 Dame Elizabeth Corley Chair
Slide 3: Peter Harrison, Group Chief Executive
SCHRODERS PLC ANNUAL GENERAL MEETING 27 April 2023 Peter Harrison Group Chief Executive
Slide 4: Solid financial performance
Solid financial performance Supported by our strategic growth areas 2022 2021 Change Net operating revenue excl. performance fees and net carried interest (£m) 2,301.9 2,276.8 1% Operating profit of £723.0m after strong 2021 Net operating income (£m) 2,475.5 2,520.0 (2%) Operating profit (£m) 723.0
Slide 5: Our growth has become self reinforcing
Our growth has become self reinforcing Building long-lasting, sometimes Seeking more stable, long-term multi-generation relationships revenues by expanding our with clients. Schroders Schroders private assets business. Wealth Capital Cazenove Capital Private debt Schroders Personal Wealth Management
Slide 6: Evolving composition of our assets under management
Evolving composition of our assets under management Our strategic areas of focus have grown Operating revenue from 35% of our AUM… … to 53% of our AUM contribution 2016 2022 up from 31% in 2016 to 46% in 2022 £453.6bn £737.5bn Schroders Investment Schroders Capital Schroders Solutions Schroders Weal
Slide 7: Our strategic transformation continues
Our strategic transformation continues High quality business areas driving growth AUM and compound annual growth rate (CAGR) by business area £bn 250 25% 210.2 21% 200 20% 16% 150 139.1 15% 121.0 15% 98.1 100.8 100 10% 68.3 10% 50 5% 2% 0% 0 0% Schroders Capital Schroders WealthWealth Management Sch
Slide 8: Schroders simplification of the dual share class
Schroders simplification of the dual share class 20 September 2022 The Enfranchisement: 1 Shareholders in both share classes approved the resolutions with a minimum of 99.89% votes in favour 2 Ordinary shareholders received a bonus issue of three additional shares for every 17 ordinary shares held 3
Slide 9: Delivering positive outcomes for all
Delivering positive outcomes for all Engagement Blueprint won One of the first asset ‘ESG engagement managers to have a initiative of the year’ validated science- A rating by CDP Removed 2:1 degree based target to ‒ top 2% of companies for action requirement for and transparency on climate change ea
Slide 10: Outlook for 2023 and beyond
Outlook for 2023 and beyond Our areas of strategic focus Forecasts for the markets and will play an increasingly global economy remain mixed important part of our success Reiterating our ambition for We are confident Schroders Wealth Management and in the businesses we have built Schroders Capital f
Slide 11: Dame Elizabeth Corley, Chair
SCHRODERS PLC ANNUAL GENERAL MEETING 27 April 2023 Dame Elizabeth Corley Chair
Slide 12: Resolutions
Resolutions 1 To receive the Annual Report and Accounts 12 To re-elect Deborah Waterhouse 2 To declare the final dividend 13 To re-elect Matthew Westerman 3 To approve the remuneration report 14 To re-elect Claire Fitzalan Howard 4 To approve the remuneration policy 15 To re-elect Leonie Schroder 5
Slide 13: Graham Staples, Group Company Secretary
SCHRODERS PLC ANNUAL GENERAL MEETING 27 April 2023 Graham Staples Group Company Secretary
Slide 14: Resolutions
Resolutions 1 To receive the Annual Report and Accounts 12 To re-elect Deborah Waterhouse 2 To declare the final dividend 13 To re-elect Matthew Westerman 3 To approve the remuneration report 14 To re-elect Claire Fitzalan Howard 4 To approve the remuneration policy 15 To re-elect Leonie Schroder 5
Slide 15: Questions & Answers
SCHRODERS PLC ANNUAL GENERAL MEETING 27 April 2023 Questions & Answers
Slide 16: Thank you
SCHRODERS PLC ANNUAL GENERAL MEETING 27 April 2023 Thank you
Slide 17: Forward looking statements
Forward looking statements These presentation slides may contain forward-looking statements with respect to the financial condition, performance and position, strategy, results of operations and businesses of the Schroders Group. Such statements and forecasts involve risk and uncertainty because the