Orbital Corporation Ltd · ASX:OEC
Orbital — Shareholder Meeting (November 2022)
20 slides from Orbital's shareholder meeting presentation, Nov 16, 2022
Slide 1: 2022 Annual General Meeting
2022 Annual General Meeting 16 November 2022
Slide 2: Business of Meeting Resolutions
Orbital Corporation Limited Business of Meeting Resolutions © 2022 Orbital Australia Pty Ltd 2
Slide 3: Item 2. Financial Statements & Report
Item 2. Financial Statements & Report “To receive and consider the Financial Report, Directors’ Report and Auditor’s Report for the year ended 30 June 2022.” Further information: • Representatives from PricewaterhouseCoopers, the Company’s auditor, are present to answer any questions. • Please note:
Slide 4: Item 3. Remuneration Report
Item 3. Remuneration Report Resolution “To adopt the Remuneration Report for the year ended 30 June 2022.” FOR AGAINST OPEN 42,437,915 98.27% 564,418 1.31% 181,405 0.42% Further information: • The Remuneration Report can be found at pages 8 to 16 of the 2022 Annual Report. • The Board abstains, in t
Slide 5: Item 4. Re-election of Mr Steve Gallagher
Item 4. Re-election of Mr Steve Gallagher Resolution “That, for the purposes of ASX Listing Rule 14.4, article 9.3 of the Company’s constitution and for all other purposes, Mr Steve Gallagher be re-elected as a Director.” FOR AGAINST OPEN 43,109,693 98.64% 412,651 0.94% 181,135 0.41% Further informa
Slide 6: Item 5. Additional Capacity to Issue Securities
Item 5. Additional Capacity to Issue Securities Resolution That, for the purposes of ASX Listing Rule 7.1A and for all other purposes, Shareholders approve the issue of equity securities (as defined in the ASX Listing Rules, Equity Securities) of up to 10% of the issued capital of the Company (at th
Slide 7: Chairman’s Address Mr John Welborn
Chairman’s Address Mr John Welborn © 2022 Orbital Australia Pty Ltd 7
Slide 8: CEO’s Presentation
2022 Annual General Meeting CEO’s Presentation 16 November 2022
Slide 9: World leader in the design and manufacture of integrated engine systems
World leader in the design and manufacture of integrated engine systems for military drones* (* Tactical Unmanned Aerial Vehicles ‘UAVs’) © 2022 Orbital Australia Pty Ltd 9
Slide 10: At a glance
At a glance Orbital UAV (ASX : OEC) Targeting a $3 billion annual global tactical UAV defence market Heavy fuel (jet fuel) engine capability is an objective requirement within the tactical UAV market Orbital UAV’s patented technology solves the heavy fuel engine challenge for tactical UAVs Orbital U
Slide 11: Engine production contracts
Engine production contracts Existing engine production contracts Production Engines x 2 © 2022 Orbital Australia Pty Ltd 11
Slide 12: Engine development programs
Engine development programs Existing engine development to production contracts Development Programs X5 SINGAPORE DEFENCE COMPANY © 2022 Orbital Australia Pty Ltd 12
Slide 13: Engine development opportunities
Engine development opportunities Near term engine development opportunities Opportunity Pipeline © 2022 Orbital Australia Pty Ltd 13
Slide 14: Building out our engine opportunity
Production / Development / Opportunity Building out our engine opportunity • Production, maintenance & overhauls continue on two Boeing Insitu engine production lines • Contracts with Textron Systems & Singapore customer have confirmed production pathways • AeroVironment, Skyways & L3 Harris represe
Slide 15: Production expansion
Production expansion Engine development adding to Orbital UAV’s production profile AUSTRALIA Expansion identified for additional development Existing facility footprint: 3,238m2 Development programs & production lines Engineering & Testing Adjoining facility in Australia: 2,125m2 (Currently sublet b
Slide 16: Diversified customer strategy
Diversified customer strategy Delivering a diversified defence customer portfolio © 2022 Orbital Australia Pty Ltd 16
Slide 17: Successful $5M Placement
Successful $5M Placement* Indicative use of funds Supporting the transition of Supporting the development of 3 x development programs into production new products & services in calendar year 2023 to capture near term customer opportunities SINGAPORE DEFENCE COMPANY *See ASX Announcement,16 November
Slide 18: Corporate overview
Corporate overview Share Capital As(at time at 14 November 2022 of Trading Halt) 0.6 Share Price 0.5 0.4 Fully Paid Ordinary Shares 91.9M 0.3 0.2 Closing share price $0.245 0.1 0 27-May-22 04-Mar-22 12-Nov-21 10-Dec-21 04-Feb-22 19-Aug-22 16-Sep-22 11-Nov-22 22-Jul-22 07-Jan-22 24-Jun-22 01-Apr-22 2
Slide 19: Delivering superior solutions to the global UAV defence market
Delivering superior solutions to the global UAV defence market • Patented engine technology delivers significant competitive advantages • Existing suite of global defence customers • Targeting expansion within the $3B UAV market segment • Strong Federal and State Government support • FY23 Revenue Gu
Slide 20: www.orbitaluav.com
ORBITAL Ready to fly..." www.orbitaluav.com in ¥