Phoslock Environmental Technologies Limited · ASX:PET
Phoslock Environmental Technologies — Shareholder Meeting (May 2022)
25 slides from Phoslock Environmental Technologies's shareholder meeting presentation, May 27, 2022
Slide 1: Annual General Meeting 2022
27 MAY 2022 Annual General Meeting 2022 World leaders in water remediation Driving sustainable growth
Slide 2: Disclaimer
Disclaimer 2022 ANNUAL GENERAL MEETING Statements contained in this presentation, particularly those regarding possible or assumed future performance, estimated company earnings, potential growth of the company, industry growth or other trend projections are or may be forward looking statements. Suc
Slide 3: Mr David Krasnostein AM, Chairman
2022 ANNUAL GENERAL MEETING Mr David Krasnostein AM Chairman 3
Slide 4: Items of Business
Items of Business 2022 ANNUAL GENERAL MEETING 1. Consideration of the 2021 Annual Report of the Company 2. Resolution 1: Adoption of the Company’s Remuneration Report 3. Resolution 2: Re-election of Ms Brenda Shanahan AO as a Director of the Company 4. Resolution 3: Resolution to hold a meeting for
Slide 5: How to vote
How to vote 2022 ANNUAL GENERAL MEETING When the poll is open, select the vote icon at the top of the screen Items of Business To vote, select either For, Against or 1. Consideration of the 2021 Annual Report of Abstain the company FOR AGAINST ABSTAIN You will see a vote confirmation To change or ca
Slide 6: Proxies before meeting
Proxies before meeting 2022 ANNUAL GENERAL MEETING Securities On Issue 624,390,509 Valid Securities Voted (For, Against, Open Usable, Open Conditional) 120,074,299 Valid Securities Voted (%) 19.23 Total Securityholders Cast 629 Open Open Resolution For Against Abstain Excluded Board Non-Board Voted
Slide 7: How to ask a question
How to ask a question 2022 ANNUAL GENERAL MEETING To ask a written question select the Q & A icon Select the topic your question relates to from the drop-down list Type your question in the text box and press the send button To ask a verbal question follow the instructions below the broadcast window
Slide 8: Mr David Krasnostein AM, Chairman
2022 ANNUAL GENERAL MEETING Mr David Krasnostein AM Chairman 8
Slide 9: Mr Lachlan McKinnon, Managing Director / CEO
2022 ANNUAL GENERAL MEETING Mr Lachlan McKinnon Managing Director / CEO 9
Slide 10: Today’s topics
Today’s topics 2022 ANNUAL GENERAL MEETING 2021 Performance Reviews update Outlook for the company 1010
Slide 11: 2021 Performance
2021 Performance 2022 ANNUAL GENERAL MEETING Rebuilding and dealing with legacy issues Headwinds – COVID and government focus Financial results – headline Revenues $6.3 million Gross Profit $3.6 million NPAT ($3.9 million) Cash on hand (end Dec) $23.0 million Cost management 11
Slide 12: 2021 review
Regional update 2021 review 2022 ANNUAL GENERAL MEETING Frustrating regulatory position Strong projects available Excellent progress with multiple treatments in many geographies Disappointing sales result Business reset Highlight Kralingse Plas Change distribution set up Disappointing sales result D
Slide 13: Growth Strategy Key Drivers
Growth Strategy 2022 ANNUAL GENERAL MEETING Key Drivers Customer & Manufacturing Research & People, Commercial & Supply Chain Development Performance & Culture 13
Slide 14: Strengthen commercial platform
Strengthen commercial platform 2022 ANNUAL GENERAL MEETING Building sales teams and distribution arrangements in key target regions Travel restrictions easing, allowing important in- market access for sales and management teams Pipeline of new product and service offerings, with a strong commercial
Slide 15: Focused R&D program
Focused R&D program 2022 ANNUAL GENERAL MEETING Flowing Water Developments Core Enhance Phoslock effectiveness, affordability and ease of use to expand to new or underserved markets Transformative Enable phosphorus and other nutrients to be removed from flowing water Adjacent Cross-sell products and
Slide 16: Manufacturing & Supply Chain
Manufacturing & Supply Chain 2022 ANNUAL GENERAL MEETING Casper in Wyoming, USA preferred location for second manufacturing plant Investment to improve China plant capacity 16
Slide 17: People, Performance & Culture
People, Performance & Culture 2022 ANNUAL GENERAL MEETING Clear aspiration + Diverse capability + = Unlocked Aquatic Science potential Networked culture Nimble Product Networked Customer Our culture invites people Solutions Team Relationship to Care, Collaborate and be Courageous Operations 17
Slide 18: Outlook & 2022 focus
Challenge in 2022 to rebuild sales pipeline Outlook & 2022 focus and continue strategy execution, with focus on cost control 2022 ANNUAL GENERAL MEETING Positive projects and leads for sales growth Large and growing market potential New products adding multi-dimensional opportunities Continue regula
Slide 19: Mr David Krasnostein AM, Chairman
2022 ANNUAL GENERAL MEETING Mr David Krasnostein AM Chairman 19
Slide 20: Resolutions
Resolutions 2022 ANNUAL GENERAL MEETING Item 2 Adoption of the Company’s Remuneration Report (Resolution 1) – advisory resolution only Item 3 Re-election of Ms Brenda Shanahan AO as a Director of the Company (Resolution 2) Item 4 Resolution to hold a meeting for fresh election of Directors (Resoluti
Slide 21: Mr Barry Sechos
2022 ANNUAL GENERAL MEETING Mr Barry Sechos Non Executive Director Chair of Remuneration and Benefits 21
Slide 22: Resolutions
Resolutions 2022 ANNUAL GENERAL MEETING Item 2 Adoption of the Company’s Remuneration Report (Resolution 1) – advisory resolution only Item 3 Re-election of Ms Brenda Shanahan AO as a Director of the Company (Resolution 2) Item 4 Resolution to hold a meeting for fresh election of Directors (Resoluti
Slide 23: Proxies before meeting
Proxies before meeting 2022 ANNUAL GENERAL MEETING Securities On Issue 624,390,509 Valid Securities Voted (For, Against, Open Usable, Open Conditional) 120,074,299 Valid Securities Voted (%) 19.23 Total Securityholders Cast 629 Open Open Resolution For Against Abstain Excluded Board Non-Board Voted
Slide 24: Thank you!
<SPET Thank you!
Slide 25: ASX Code: PET
ASX Code: PET Unit D, Level 2, 650 Chapel Street T +61 3 91100002 South Yarra VIC 3141 W www.phoslock.com.au AUSTRALIA Lachlan McKinnon – CEO E lmckinnon@phoslock.com.au Greg Slade - Investor Relations E ir@phoslock.com.au
Phoslock Environmental Technologies — Shareholder Meeting (May 2022) on 6ix