Austriacard Holdings Ag · ATHEX:ACAG
Austriacard — Shareholder Meeting (June 2023)
35 slides from Austriacard's shareholder meeting presentation, Jun 30, 2023
Slide 1: Annual General Meeting 2023
ANNUAL GENERAL MEETING 2023 AUSTRICARD HOLDINGS AG Vienna, 30 June 2023
Slide 2: Virtual meeting – live broadcast
Annual General Meeting 2023 Virtual meeting – live broadcast We offer two alternative access to the Internet transmission with picture and sound in German and English language • https://www.austriacard.com/agm/ (English language) https://www.austriacard.com/hauptversammlung/?lang=de (German language
Slide 3: Virtual meeting – questions
Annual General Meeting 2023 Virtual meeting – questions Questions please to: fragen.austriacard@hauptversammlung.at Question form available at: https://www.austriacard.com/hauptversammlung/?lang=de 3
Slide 4: Virtual meeting – voting and special proxies
Annual General Meeting 2023 Virtual meeting Voting, motions for resolutions and raising objections by special proxies: • Florian Beckermann beckermann.austriacard@hauptversammlung.at • Christoph Diregger diregger.austriacard@hauptversammlung.at • Sascha Schulz schulz.austriacard@hauptversammlung.at
Slide 5: Agenda item 1
Agenda item 1 Presentation of the approved annual financial statements together with the management report, the consolidated financial statements together with the consolidated management report, the proposal for a resolution on the appropriation of profit and the report of the supervisory board for
Slide 6: Report of the Management Board: Highlights 2022
Report of the Management Board Highlights 2022 • Record Operating results for AUSTRIACARD HOLDINGS Group in 2022 - Payment cards delivered: 128m / +44% - Revenue: € 315m / +77% - Adjusted EBITDA: € 39m / +81% - Operating CF: € 41m / +212% - Despite dealing with dealing with chip shortage, supply cha
Slide 7: FY 2022: Strong revenue and profitability growth, with healthy balance sheet
FY 2022: Strong revenue and profitability growth, with healthy balance sheet Revenue CAGR 33% Adj. EBITDA & margin CAGR 45% Amounts in € m 314.7 50.00 Amounts in € m 12% 12% 13% 14% 12% 40.00 10% 10% 30.00 173.9 178.0 08% 135.0 20.00 06% 04% 10.00 02% 13.0 20.3 21.8 39.4 .00 00% 2019 2020 2021 2022
Slide 8: 2017-’22: KPI development
2017-’22: KPI development Revenue CAGR ´17-´22: 21% adj. EBITDA CAGR ´17-´22: 31% Amounts in € m Amounts in € m 314.7 39.4 173.9 178.0 21.8 20.3 123.8 135.0 119.4 12.0 13.0 10.2 2017 2018 2019 2020 2021 2022 2017 2018 2019 2020 2021 2022 adj. Profit before tax CAGR ´17-´22: 80% Operating Cash-flow C
Slide 9: 2017-’22: KPI margin development
2017-’22: KPI margin development adj. EBITDA margin D ´17-´22: 4.0% adj. EBT margin D ´17-´22: 5.7% 6.6% 12.2% 12.5% 11.7% 9.7% 9.6% 8.5% 4.2% 4.0% 2.4% 2.0% 0.9% 2017 2018 2019 2020 2021 2022 2017 2018 2019 2020 2021 2022 Operating CF in % Revenues D ´17-´22: 8.6% ROIC % (NOPAT/Inv. Capital) D ´17-
Slide 10: What do we do: Complementary product portfolio
What do we do: Complementary product portfolio Wide range of products & services encompassing digitalization, payment and ID solutions, printing Digital Transformation Technologies Secure SmartCards Solutions Advanced Printing Services DOB & Cust. Facing Card Payment Solutions Digital Printing Apps
Slide 11: International presence spanning across Europe, US, Middle East & Africa
International presence spanning across Europe, US, Middle East & Africa One of the leading B2B providers of Secure Digital Technology Solutions in Europe Market Position Payment products and solutions addressing traditional Financial Digital Transformation Technologies Institutions as well as the Fi
Slide 12: Corporate Strategy
Corporate Strategy Two major strategic pillars Expand in new markets, focusing on US, UK, Enhance portfolio by offering Payment and Banking Türkiye, MEA solutions as a service using owned developed software and platforms GEOGRAPHIC PRODUCTS AND AND MARKET SERVICES Increase market share in existing m
Slide 13: Strategic focus to capture growth potential
Strategic focus to capture growth potential In Europe and Internationally Strategic Focus Future Potential FinTech and Banking Information Technology Increase market o Grow market share with differentiation of offering Europe share in existing o Outsourcing of in-house activities (i.e. Future grow
Slide 14: Outlook 2023
Outlook 2023 FY2023 Guidance: 12%-15% Revenue growth, 25%-30% Adj. EBITDA growth, net profit margin at 4%-5% • For 2023 we expect further growth in - despite more challenging economic conditions such as lower GDP growth, higher interest rates and high inflation rates driving Material costs and OPEX
Slide 15: Q1 2023: The strong performance continues unabated
Q1 2023: The strong performance continues unabated Revenue Adj. EBITDA & margin Amounts in € m Amounts in € m 16.0 15.0% 18.0% 14.0 12.5% 12.0 13.0% 10.0 Adj. EBITDA 89.8 8.0 8.0% 6.0 13.5 Adj. EBITDA margin 60.4 4.0 3.0% 7.6 2.0 0.0 -2.0% Q1 2022 Q1 2023 Q1 2022 Q1 2023 Revenue increased by 48,7% i
Slide 16: 2023: AUSTRIACARD HOLDINGS extends its Management Board
2023: AUSTRIACARD HOLDINGS extends its Management Board New Members starting from 1 July 2023 Nikolaos Lykos Panagiotis Spyropoulos Markus Manolis Kontos Burak Bilge Jon Neeraas Chairman of the Management Vice–Chairman of the Kirchmayr EVP Americas, UK & WE Deputy CEO, EVP Türkiye & MEA Board Manage
Slide 17: Agenda item 2
Agenda item 2 Resolution on the appropriation of profit.
Slide 18: Resolution on the appropriation of profit
Resolution on the appropriation of profit. The Management Board and the Supervisory Board of AUSTRICARD HOLDINGS AG propose to appropriate the profit available for distribution as of 31 December 2022 as follows: • Distribution of a dividend amounting to € 0.05 per dividend eligible share • The remai
Slide 19: Agenda item 3
Agenda item 3 Resolution on granting discharge to the members of the management board with regard to the financial year 2022.
Slide 20: Discharge of the Management Board
Discharge of the Management Board Members of the Management Board in 2022 • Nikolaos Lykos • Panagiotis Spyropoulos The Management Board and the Supervisory Board of AUSTRICARD HOLDINGS AG propose that the general meeting adopts the following resolution: “All members of the management board of AUSTR
Slide 21: Agenda item 4
Agenda item 4 Resolution on granting discharge to the members of the supervisory board with regard to the financial year 2022.
Slide 22: Discharge of the Supervisory Board
Discharge of the Supervisory Board Members of the Supervisory Board in 2022 • Petros Katsoulas, Chairman since 30.11.2022 • John Costopoulos, vice-Chairman since 30.11.2022 • Martin Wagner, member since 30.11.2022 • Michael Butz, member since 30.11.2022 • Anastasios Gabrielides, member since 30.11.2
Slide 23: Agenda item 5
Agenda item 5 Resolution on the remuneration of the members of the Supervisory Board.
Slide 24: Remuneration of the members of the Supervisory Board
Remuneration of the members of the Supervisory Board The Management Board and the Supervisory Board of AUSTRICARD HOLDINGS AG propose to adopt the following remuneration for the members of the supervisory board for 2023 which shall be applied proportionately also for the period from 30.11.2022 to 31
Slide 25: Agenda item 6
Agenda item 6 Appointment of the auditor and the group auditor for audit of the annual financial statements and the consolidated financial statements for the financial year 2023.
Slide 26: Appointment of the auditor for the financial year 2023
Appointment of the auditor for the financial year 2023 The Supervisory Board of AUSTRICARD HOLDINGS AG proposes to appoint as auditor and group auditor for the financial year 2023 • Ernst & Young Wirtschaftsprüfungsgesellschaft m.b.H, Vienna 26
Slide 27: Agenda item 7
Agenda item 7 Resolution to authorize the management board: a. to acquire the Company’s own shares pursuant to Sec 65 para 1 no 4 and 8 and para 1a and 1b Austrian Stock Corporation Act (AktG) via the stock exchange, a public offer or over-the-counter in the extent of up to 10% of the Company’s shar
Slide 28: Authorization of the management board
Authorization of the management board The management board and the supervisory board propose that the general meeting adopts the following resolution: a. The management board shall be authorized for a period of 30 months from the date of today's resolution in accordance with Sec 65 para 1 no 4 and 8
Slide 29: Agenda item 8
Agenda item 8 Resolution on a. the conversion of the shares in the Company from par-value shares to no-par- value shares; b. the increase of the share capital of the Company from currently EUR 18,176,934 by EUR 18,176,934 to EUR 36,353,868 from company funds by converting a partial amount of EUR 18,
Slide 30: Conversion of shares and increase of share capital
Conversion of shares and increase of share capital The management board and the supervisory board propose that the general meeting adopts the following resolution: a. The shares in the Company shall be converted from par-value shares with a nominal value of EUR 1 each to no-par-value shares, each of
Slide 31: Agenda item 9
Agenda item 9 Amendment of the Company´s articles of association in sections 3, 4.4, 7.5.3 and 8.3.6.
Slide 32: Amendment of the Company´s articles of association
Amendment of the Company´s articles of association The management board and the supervisory board propose that the general meeting adopts the following resolution: “The articles of association of the Company shall be amended in sections 3, 4.4, 7.5.3 and 8.3.6.” 32
Slide 33: Annual General Meeting: General debate
Annual General Meeting General debate
Slide 34: Annual General Meeting: Voting
Annual General Meeting Voting
Slide 35: Thank you for your attendance!
Thank you for your attendance! Vienna, 30 June 2023
Austriacard Holdings — Shareholder Meeting (June 2023) on 6ix