Advanced Braking Technology Limited · ASX:ABV
Advanced Braking Technology — Shareholder Meeting (November 2014)
18 slides from Advanced Braking Technology's shareholder meeting presentation, Nov 28, 2014
Slide 1: Presentations to be delivered at the 2014 AGM
28 November 2014 ABT Advanced Braking Technology Ltd AUSTRALIAN STOCK EXCHANGE LIMITED Electronic Lodgment PRESENTATIONS TO BE DELIVERED AT THE 2014 AGM ACN 099 107 623 Unit 1, 3 McDonald Street Osborne Park, WA 6017 Postal Address PO BOX 1177 Osborne Park, WA 6916 Telephone: +61 (0) 8 9273 4800 Fac
Slide 2: For personal use only
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Slide 3: Chairman's Address to the 2014 Annual General Meeting
NJ ACN 098 107 623 Rad Unit 1, 3 McDonald Street gion Osborne Park, WA 6017 Sore meee Postal Address Advanced Braking Technology Ltd PO BOX 1177 Osborne Park, WA 6916 Telephone: +61 (0) 6 9273 4800 Facsimile: +61 (0) 8 9201 9986 Email: into.perth@advancedbraking.com 28 November 2014 ASX/MEDIA RELEAS
Slide 4: About Advanced Braking Technology Ltd
About Advanced Braking Technology Ltd Advanced Braking Technology Ltd (ASX: ABV) develops innovative braking systems, with its main product being the Sealed Integrated Braking System (SIBS®), a comprehensively patented Australian invention, now used widely in light commercial vehicles in the mining
Slide 5: Annual General Meeting 2014
Advanced Braking Technology Limited Annual General Meeting 2014 oBoard Introduction eChairman’s Address oFormal Business oCEO’s Report eQuestions and Answers
Slide 6: Chairman's Address
Chairman’s Address Board and Other Introductions Chairman’s Address Mr Bruce Grey Chairman
Slide 7: Formal Business: Summary of the Resolutions
Formal Business Formal Business Proxies — Summary of the 6 Resolutions # Resolution For Against Open Abstain Total 1 Adoption of Remuneration Report 74,058,154 13,360,729 2,456,320 1,650,834 91,526,037 2. Re-election of Mr Adam Levine 297,098,546 1,567,172 5,581,320 456,180 304,703,218 3. Approval o
Slide 8: Proxies - Resolution 1
Formal Business Financial Statements and Reports Proxies — Resolution 1 Resolution 1: Adoption of Remuneration Report Vote Votes % For 74,058,154 82.40% Against 13,360,729 14.87% Open Usable Board 2,456,320 2.73% Abstain 1,650,834 n/a
Slide 9: Proxies - Resolutions 2 and 3
Proxies — Resolution 2 Resolution 2: Re-election of Mr Adam Levine Vote For Against Open Usable Board Abstain Votes 297,098,546 1,567,172 5,581,320 456,180 Proxies — Resolution 3 Resolution 3: Approval of New Employee Share Options Plan Vote For Against Open Usable Board Abstain Votes 72,116,561 15,
Slide 10: Proxies - Resolutions 4 and 5
Proxies — Resolution 4 Resolution 4: Approval to Issue Options to Mr Graeme Sumner (or his nominee) under the Employee Share Option Plan Vote For Against Open Usable Board Abstain Votes 71,456,781 15,269,661 2,456,320 215,520,456 % 80.13% 17.12% 2.75% n/a Proxies — Resolution 5 Resolution 5: Ratific
Slide 11: Proxies - Resolution 6
Proxies — Resolution 6 Resolution 6: Approval of 10% Placement Facility Vote Votes % For 288,803,442 95.26% Against 8,787,834 2.90% Open Usable Board 5,581,320 1.84% Abstain 1,530,622 n/a Advanced Braking Technology Limited Annual General Meeting 2014
Slide 12: CEO's Report
CEO’s Report Mr Graeme Sumner Chief Executive Officer 1. Results overview 2. Strategy & outlook
Slide 13: Company Overview
Company Overview ABT is a developer, manufacturer and distributor of its patented Sealed Integrated Braking System (SIBS®) Shares on Issue 1.476 billion ABT has over 10 years experience in developing products for the light and heavy truck and trailer markets Share Price $0.07 Directors of ABT ABT is
Slide 14: Subsequent Events of Note
Subsequent Events of Note © Successful placement with Cashel House yielded $0.53m of additional funds © Closure of Thailand production facility in order to improve margins and lift quality © Cost reduction program initiated to reduce operating costs by > 50% oe Non core asset sales including plant &
Slide 15: Optimise Operating Model; Go Global with Existing Products
1. Optimise Operating Model © Freeze on garbage truck and heavy trailer developments until there is sufficient customer and partner support to operate profitably. Focus on light vehicles © Closure of Thailand operation will be completed by November 30 2014 © Substantial opportunities identified and
Slide 16: Adapt Existing Products; Evolve Products for New Markets
3. Adapt Existing Products to New Applications eo Numerous low cost product development opportunities available that address new applications and new vehicle types e Capitalising on existing IP means that lead times for new product to market can be as low as 3 months o Ford Ranger and SIBS 4 product
Slide 17: Outlook
Outlook EBITDA and NPAT Positive by December 2015 Earning Outlook (FY14 — FY16) 12.00 10.00 8.00 | 6.00 4.00 2.00 0.00 -2.00 4.00 -6.00 FY2014 FY2015 FY2016 ——Revenue* ($m) 4.90 7.30 11.00 ——— EBITDA** ($m) | -3.64 1.24 1.40 *Revenue in 2014 excluding non recurring R&D rebates ** Excludes 0.8m of st
Slide 18: Disclaimer
Disclaimer This presentation Is provided by Advanced Braking Technology Limited (ABN 66 099 107 62) (ABT, the Company or the Issuer) to provide summary information about ABT. ABT is an Australian public company listed on t Securities Exchange (ASX). Statements in this presentation are made only as a
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