G8 Education Limited · ASX:GEM
G8 Education — Shareholder Meeting (April 2023)
30 slides from G8 Education's shareholder meeting presentation, Apr 20, 2023
Slide 1: 2023 AGM – Chair's and Managing Director's Addresses & Presentation
ASX Announcement G8 Education Limited (ASX:GEM) 20 April 2023 For personal use only Market Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam 2023 AGM – CHAIR’S AND MANAGING DIRECTOR’S ADDRESSES & PRESENTATION Attached are the following documents to be presented at G8 E
Slide 2: 2023 AGM – Chair's Address
ASX Announcement G8 Education Limited (ASX:GEM) 2023 AGM – CHAIR’S ADDRESS For personal use only David Foster I will begin with an overview of the Group’s 2022 performance from an operational and strategic perspective. Our Managing Director and Chief Executive Officer Pejman Okhovat will then provid
Slide 3: Chair's Address (continued)
ASX Announcement G8 Education Limited (ASX:GEM) The success of these national and state government reforms relies heavily on the availability of trained educators and early childhood teachers. Workforce shortages continue to challenge For personal use only the sector. We have joined with other provi
Slide 4: 2023 AGM – Managing Director's Address
ASX Announcement G8 Education Limited (ASX:GEM) I would also like to thank you, our shareholders, for your continued commitment and support. For personal use only I will now hand over to our Managing Director and Chief Executive Officer, Pejman Okhovat, to deliver his address. Thank you. David Foste
Slide 5: Managing Director's Address (continued)
ASX Announcement G8 Education Limited (ASX:GEM) • 34% of centres were below CY19 occupancy levels and are impacted by sector workforce constraints, including formal and informal occupancy caps and high team For personal use only turnover; • The remaining centres were negatively impacted by centre sp
Slide 6: Managing Director's Address: sector operating environment
ASX Announcement G8 Education Limited (ASX:GEM) Lastly, with respect to the sector’s operating environment, changes to the Child Care Subsidy (CCS), as part of the ‘Cheaper Childcare Bill’ come into effect from 10 July 2023. These For personal use only affordability measures are expected to elevate
Slide 7: 2023 Annual General Meeting Proxy Voting Results
2023 ANNUAL GENERAL MEETING PROXY VOTING RESULTS For personal use only RESOLUTION VOTES FOR VOTES AGAINST VOTES OPEN TOTAL ABSTAIN Resolution 1 508,315,510 36,674,979 1,379,436 546,369,925 518,328 Remuneration Report 93.04% 6.71% 0.25% 67.49% of issued capital 36 holders 155 holders 170 holders 77 h
Slide 8: Annual General Meeting
ANNUAL GENERAL MEETING G8 Education Limited (ASX:GEM) | 20 April 2023 For personal use only
Slide 9: Disclaimer
DISCLAIMER For personal use only The material in this presentation has been prepared by G8 Education Limited (G8) and is general background information about G8’s activities current as at the date of this presentation. The presentation does not purport to be complete and should be read in conjunctio
Slide 10: Acknowledgement of Traditional Owners
For personal use only G8 Education acknowledges the Traditional Owners of the lands on which we operate and pays our respects to Elders past, present and emerging. We recognise that Aboriginal and Torres Strait Islander peoples have been nurturing and teaching children on these lands for thousands o
Slide 11: G8 Education Board of Directors
G8 EDUCATION BOARD OF DIRECTORS For personal use only David Foster Pejman Okhovat Julie Cogin Chair & Non-Executive Director CEO & Managing Director Non-Executive Director Debra Singh Toni Thornton Peter Trimble Margaret Zabel Non-Executive Director Non-Executive Director Non-Executive Director Non-
Slide 12: Chair's Address
For personal use only CHAIR’S ADDRESS
Slide 13: Managing Director's Address
For personal use only MANAGING DIRECTOR’S ADDRESS
Slide 14: Procedural Matters
For personal use only PROCEDURAL MATTERS
Slide 15: How to Ask Questions
HOW TO ASK QUESTIONS For personal use only 1. Click “Ask a Question” 2. Select the item of business from the drop-down menu and type your question in the space provided 3. Once you have typed your question, click “Submit Question”
Slide 16: How to Vote
HOW TO VOTE For personal use only 1. Click “Get a Voting Card” 2. Enter your Shareholder Number (SRN/HIN) or Proxy Number and click “Submit Details and Vote” 3. Fill out your voting card for each item of business 4. Click “Submit Vote” or “Submit Partial Vote”
Slide 17: Business of Meeting
For personal use only BUSINESS OF MEETING
Slide 18: Item – Annual Reports
ITEM 1 – ANNUAL REPORTS For personal use only To receive and consider the Company’s Annual Financial Report, Directors’ Report and Auditors’ Report for the financial year ended 31 December 2022. There is no vote on this item.
Slide 19: Resolution – Remuneration Report
RESOLUTION 1 – REMUNERATION REPORT For personal use only To consider and, if thought fit, pass the following resolution as a non-binding ordinary resolution in accordance with section 250R(2) of the Corporations Act 2001 (Cth) (Corporations Act): ‘That the Remuneration Report for the year ended 31 D
Slide 20: Resolution – Remuneration Report: Votes
RESOLUTION 1 – REMUNERATION REPORT For personal use only Votes For 508,315,510 93.04%1 Votes Against 36,674,979 6.71% Open Proxies held by the Chair 895,450 0.16% (to be voted at Chair’s Discretion) Open Proxies held by other Proxy-holders 483,986 0.09% (to be voted at that Proxy-holder’s discretion
Slide 21: Resolution – Re-election of Director Professor Julie Cogin
RESOLUTION 2 – RE-ELECTION OF A DIRECTOR PROFESSOR JULIE COGIN For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: ‘That Professor Julie Cogin who, having been re-elected on 17 June 2020 as a Director in accordance with the Company’s con
Slide 22: Re-election of Professor Julie Cogin: Votes
RESOLUTION 2 – RE-ELECTION OF A DIRECTOR PROFESSOR JULIE COGIN For personal use only Votes For 540,415,367 98.80%1 Votes Against 5,203,027 0.95% Open Proxies held by the Chair 880,243 0.16% (to be voted at Chair’s Discretion) Open Proxies held by other Proxy-holders 484,036 0.09% (to be voted at tha
Slide 23: Resolution – Re-election of Director Mr Peter Trimble
RESOLUTION 3 – RE-ELECTION OF A DIRECTOR MR PETER TRIMBLE For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That Mr Peter Trimble who, having been elected on 17 June 2020 as a Director in accordance with the Company’s constitution, re
Slide 24: Re-election of Mr Peter Trimble: Votes
RESOLUTION 3 – RE-ELECTION OF A DIRECTOR MR PETER TRIMBLE For personal use only Votes For 540,307,901 98.77%1 Votes Against 5,368,543 0.98% Open Proxies held by the Chair 880,243 0.16% (to be voted at Chair’s Discretion) Open Proxies held by other Proxy-holders 484,036 0.09% (to be voted at that Pro
Slide 25: Resolution – G8 Education Executive Incentive Plan Approval
RESOLUTION 4 – G8 EDUCATION EXECUTIVE INCENTIVE PLAN APPROVAL For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: ‘‘That, for the purposes of Listing Rule 7.1 and in accordance with Listing Rule 7.2 (Exception 13) and for all other purpo
Slide 26: Executive Incentive Plan Approval: Votes
RESOLUTION 4 – G8 EDUCATION EXECUTIVE INCENTIVE PLAN APPROVAL For personal use only Votes For 535,773,806 98.19%1 Votes Against 8,519,613 1.56% Open Proxies held by the Chair 883,712 0.16% (to be voted at Chair’s Discretion) Open Proxies held by other Proxy-holders 484,036 0.09% (to be voted at that
Slide 27: Resolution – Issue of Performance Rights to CEO and Managing Director
RESOLUTION 5 – ISSUE OF PERFORMANCE RIGHTS TO CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That approval be given: (a) for the purposes of Listing Rule 10.14 and for all other purpose
Slide 28: Performance Rights to CEO and Managing Director: Votes
RESOLUTION 5 – ISSUE OF PERFORMANCE RIGHTS TO CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR For personal use only Votes For 540,990,552 99.12%1 Votes Against 3,372,024 0.62% Open Proxies held by the Chair 949,011 0.17% (to be voted at Chair’s Discretion) Open Proxies held by other Proxy-holders 493,
Slide 29: How to Vote
HOW TO VOTE For personal use only 1. Click “Get a Voting Card” 2. Enter your Shareholder Number (SRN/HIN) or Proxy Number and click “Submit Details and Vote” 3. Fill out your voting card for each item of business 4. Click “Submit Vote” or “Submit Partial Vote”
Slide 30: Annual General Meeting
ANNUAL GENERAL MEETING G8 Education Limited (ASX:GEM) | 20 April 2023 For personal use only