Property For Industry Limited · NZX:PFI
Property For Industry — Shareholder Meeting (May 2019)
26 slides from Property For Industry's shareholder meeting presentation, May 8, 2019
Slide 1: Welcome to the 2019 Annual Meeting
Slide 2: Agenda
we AGENDA 1 Board and management team presentations Shareholder discussion Financial statements Ordinary resolutions Special resolution O;a;h|/o)N General business
Slide 3: Board and Management Team Presentations
Slide 4: Introductions
INTRODUCTIONS.
Slide 5: 2018 Highlights
ae 2018 HIGHLIGHTS 8.4% increase id lal in NET RENTAL INCOME —_ —a © 4m YE V¥E 100 Co MILLION _. Bond issue Dividend for the year cents per share
Slide 6: Management Team Presentation
MANAGEMENT TEAM PRESENTATION.
Slide 7: 2018 in Context
2018 IN CONTEXT Operating revenue 79.9 73.5 711 66.9 63.8 Operating expenses (26.0) (25.9) (28.0) (30.3) (26.9) Total assets 1,358.9 1,242.2 1,121.8 1,027.2 906.9 Number of properties 94 83 84 Occupancy 99.3% 99.6% 99.6% WALT 5.39 4.79 5.18 Gearing 30.3% 30.8% 30.1% 33.3% 35.8% a Earnings per share
Slide 8: Slide 8
Slide 9: Our Purpose, Our Vision, Our Strategy
OUR PURPOSE |OUR VISION __| OUR STRATEGY Why Where How PFI we would we intend Exists like to be getting there
Slide 10: Our Purpose
OUR PURPOSE PFI generates income for investors as professional landlords to the industrial economy, generating prosperity for New Zealand. ”’
Slide 11: Our Vision
ee OUR VISION PFI will be one of New Zealand’s foremost Listed Property Vehicles. Our measures will be performance, quality, scale and reputation. ”’
Slide 12: Our Strategy
ee OUR STRATEGY We will build on what we have and be true to who we are. But we will be more intentional; more proactive ”’
Slide 13: Our Strategy in Action
OUR STRATEGY IN ACTION
Slide 14: Neilson Street
306 NEILSON STREET with fixed growth
Slide 15: Hautu Drive
12 HAUTU DRIVE with fixed growth
Slide 16: Spartan Road
a 51 - 61 SPARTAN ROAD 84 4,000m? warehouse ff] 12 YEAR LEASE with development potential
Slide 17: One of New Zealand's Foremost Listed Property Vehicles
ee ONE OF NEW ZEALAND'S FOREMOST LISTED PROPERTY VEHICLES $875m - & = ; am 2014 $40m See 1994
Slide 18: Shareholder Discussion
SHAREHOLDER DISCUSSION
Slide 19: Financial
FINANCIAL
Slide 20: Ordinary Resolutions
ORDINARY RESOLUTIONS.
Slide 21: Ordinary Resolutions
a ORDINARY RESOLUTIONS Resolution 01 That Susan Peterson, who retires and is eligible for election, be elected as a Director of the Company. Resolution 02 That the Directors are authorised to fix the fees and expenses of the auditors, PricewaterhouseCoopers Auckland. Resolution 03 That the Directors
Slide 22: Special Resolution
SPECIAL RESOLUTION <
Slide 23: Special Resolution
ee SPECIAL RESOLUTION Resolution 04 That the existing constitution of the Company is revoked and the constitution referred to in the Explanatory Notes is adopted as the constitution of the Company, with effect from the close of this meeting.
Slide 24: General Business
GENERAL BUSINESS.
Slide 25: Close of Meeting and Refreshments
CLOSE OF MEETING AND REFRESHMENTS. __..4
Slide 26: Disclaimer
DISCLAIMER The information included in this presentation is provided as at 8 May 2019. Property for Industry Limited (PFI) does not guarantee the repayment of capital or the performance referred to in this presentation. Past performance is not a reliable indicator of future performance. The presenta
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