Acumentis Group Limited · ASX:ACU
Acumentis — Shareholder Meeting (October 2021)
38 slides from Acumentis's shareholder meeting presentation, Oct 28, 2021
Slide 1: Annual General Meeting October 2021
Annual General Meeting 28 October 2021 Acumentis DECISION CERTAINTY
Slide 2: Agenda
1. Welcome 2. Chairman’s Address 3. CEO’s Address 4. Notice of Meeting & Proxies 5. Financial Statements & Reports 6. Resolutions 7. Other Business 8. Formal Meeting Close 9. General Questions
Slide 3: Disclaimer
Disclaimer The material contained in this presentation is intended to be general background information on the Acumentis Group, its performance & its activities. The information is supplied in summary form & is therefore not necessarily complete. Also, it is not intended that it be relied upon as ad
Slide 4: Chairman's Address
Chairman’s Address Keith Perrett Acumentis DECISION CERTAINTY
Slide 5: Chairman's Address
Chairman’s Address * Growth & Diversification * — Continued Investment in IT, Security & Privacy * Our Employees * — The Path Forward * Thanks
Slide 6: CEO's Address
CEO’s Address Tim Rabbitt Acumentis DECISION CERTAINTY
Slide 7: CEO's Address
CEO’s Address * Geographical Expansion + — Single National Business * Our People * FY21 performance * Market Outlook * FY22—-Our Strategy Delivers
Slide 8: Geographical Expansion
Geographical Expansion ¢ Saunders & Pitt (Tasmania) acquisition with offices in Hobart & Launceston * Acquisition of balance of Acumentis WA * Opened offices in Shepparton and Gippsland ¢ Expectation of establishing additional offices and continuing to recruit across all locations through FY2022
Slide 9: Single National Business
Single National Business N * Moving towards 100% ownership of all businesses ¢ Servicing all regions throughout Australia * Established sub-contract arrangements with remaining non-owned Acumentis branded businesses * Clients can now contract to a single legal entity
Slide 10: Our People
Our People ¢ We have over 40 office locations and 300+ property professionals servicing Australia * With a presence in every State w and the Australian Capital Territory, our team are experts in their local markets, providing services across rural and metropolitan Australia * Our team are incredibly
Slide 11: FY21 Performance
Revenue Government grant income EBITDA Operating (loss) / profit Acquisition costs expensed Impairment charges - Intangible assets - Right of use assets (Loss) / profit before tax FY21 Performance 1st Half 2™ Half = FY2020 1% Half — 2"4 Half FY2021 $000 $000 $000 $000 $000 $000 16,832 21,138 37,970
Slide 12: 8,000 6,000 4,000 2,504 2,000 - (2,000) (4,000) (3,029) (4,201) (6,000) (8,000) (10,000) (9,531)
8,000 6,000 4,000 2,504 2,000 - (2,000) (4,000) (3,029) (4,201) (6,000) (8,000) (10,000) (9,531) (12,000)
Slide 13: Market Outlook
Market Outlook Business Confidence Index Oct 2020 Jan 2021 Apr 2021 Jul 2021 ct: TRON UCSCOM | NATIONAL AUSTRALIA B80 Housing Finance 60 50 s ¢ 40 5 E 30 3 a B 20 10 ° mNew Loans _m External Refinancing ource: Australian Bureau of Statisti Consumer Confidence Index “® 113.1 i Jan 2021 Apr 2021 Jal 2
Slide 14: FY22 — Our Strategy Delivering
FY22 — Our Strategy Delivering Diversification of revenues Reinstatement on the majority of financial institution panels Geographical expansion of panels Marketing to corporate & privates with core valuation services & additional advisory services ancial Institutions
Slide 15: FY22 — Our Strategy Delivering
FY22 — Our Strategy Delivering Increased Headcount Drives Income & Economies of Scale Headcount increased 31% over last 12 months Staff costs as a percentage of income falling as economies of scale achieved
Slide 16: FY22 — Our Strategy Delivering
FY22 — Our Strategy Delivering Control of Overheads as Business Grows Cash overheads have not increased as the business Srows Overheads continue to fall as a percentage of income Further growth available without increasing overheads Income & Cash ( wll Mm
Slide 17: FY22 — Our Strategy Delivering
FY22 — Our Strategy Delivering Investment in Tech nology IT Investment & Maintenance Costs ¢ Higher investment in IT in the first half of FY22 « “Payback” via reductions in cost in the second half of FY22 and beyond ¢ Establishing a lower ongoing cost base but with improvements to LEFF FLEE IEEE LIS
Slide 18: FY22 — Our Strategy Delivering
FY22 — Our Strategy Delivering Full Year Guidance” * Revenues in excess of $50M (FY21 - $44.0M excluding JobKeeper) * EBITDA in excess of $3M (FY21 - $2.6M excluding JobKeeper) Medium Term Targets * Revenues in excess of $60M * EBITDA of 10-15% * Assuming current economic outlook unchanged
Slide 19: Notice of Annual General Meeting & Proxies
Notice of Annual General Meeting & Proxies Acumentis DECISION CERTAINTY
Slide 20: Registering to attend the meeting
1 2 3 Go to Once logged in you will see Click on “register” to https://investor.automic.com. that the meeting is open for register your attendance for au/#/home registration. Click on “view” the meeting
Slide 21: How to vote
4 5 6 Once the Chair of the To vote simply select the Once voting is declared Meeting declares voting direction in which you would like closed you must select open, you must select to cast your vote, the selected “next” and then “confirm” to “refresh” option will change colour. submit your vote.
Slide 22: Financial Statements & Reports
Financial Statements & Reports Acumentis DECISION CERTAINTY
Slide 23: Resolutions
Resolutions Acumentis DECISION CERTAINTY
Slide 24: Adoption of Remuneration Report
“That, for the purpose of Section 250R(2) of the Re S O ] U t 1 @) nN 1 Corporations Act and for all other purposes, approval is . given for the adoption of the Remuneration Report as Adoption of contained in the Company’s Annual Financial Report Remuneration Report for the financial year ended 30 J
Slide 25: Re-election of Andrea Staines as Director
“That Andrea Staines, a Director who retires by rotation ° Re S olutio Nn y) in accordance with the Company’s Constitution and 9 ASX Listing Rule 14.5, and being eligible offers herself Re election of Andrea for re-election as a Director of the Company, effective Staines OAM as Director _immediatety
Slide 26: Election of Patrice Sherrie as Director
“That Patrice Sherrie, a Director appointed as an e Re S olu t 1 6) ial 3 additional Director and holding office until the next general meeting of the Company after her appointment Election of Patrice in accordance with the Company’s Constitution and Sherrie as Director ASX Listing Rule 14.4, be ele
Slide 27: Election of Les Wozniczka as Director
“That Les Wozniczka, a Director appointed as an e Re S olu t 1 6) ial 4 additional Director and holding office until the next general meeting of the Company after his appointment Election of Les in accordance with the Company’s Constitution and Wozniczka as Director ASX Listing Rule 14.4, be elected
Slide 28: Ratification of Issue of 3,325,223 shares on 1 April 2021
Re S olutio nN 5 “That, in accordance with ASX Listing Rule 7.4, this meeting ratifies the issue of 3,325,223 ordinary fully Ratification of Issue of paid shares in the Company on 1 April 2021 on the 3 2 2 5,2 23 shares on terms and conditions in the Explanatory 1 April 2021 Memorandum.” Proxy & Dir
Slide 29: Ratification of Issue of 14,787,339 shares on 23 July 2021
Re S olutio nN 6 “That, in accordance with ASX Listing Rule 7.4, this << 4 meeting ratifies the issue of 14,787,339 ordinary fully Ratification of Issue of paid shares in the Company on 23 July 2021 on the 14,787,339 shares on terms and conditions in the Explanatory 23 July 2021 Memorandum.” Proxy &
Slide 30: Renewal of All Employee Share Plan
“That, for the purposes of ASX Listing Rule 7.2 (exception Re S olu t 1 6) ial 7 9(b)), and for all other purposes, the Shareholders of the Company approve the renewal for a further 3 years of the All Renewal of All Employee Employee Share Plan, on the terms and conditions set out in the Explanatory
Slide 31: Renewal of Salary Sacrifice Employee Share Plan
Re S olu t 1 O nN 8 “That, for the purposes of ASX Listing Rule 7.2 (exception 9(b)), and for all other purposes, the Shareholders of the Renewal of Salary Company approve the renewal for a further 3 years of the Sacrifice Employee Share Salary Sacrifice Employee Share Plan, on the terms and Plan co
Slide 32: Renewal of Employee Share Option Plan
“That, for the purposes of ASX Listing Rule 7.2 (exception Re S olu t 1 6) ial 9 9(b)), and for all other purposes, the Shareholders of the Company approve the renewal for a further 3 years of the Renewal of Employee Employee Share Option Plan, on the terms and conditions Share Option Plan set out i
Slide 33: Approval for CEO & MD to participate in ESOP & LTIP
Re S olu t 1 O nN 1 O “That, for the purposes of ASX Listing Rule 10.14 and all other purposes, the Company be authorised to offer the Chief Approval for CEO & MD to Executive Officer and Managing Director (Mr Timothy Rabbitt) 14 1 ticipation in the ESOP in order to facilitate participation in in ES
Slide 34: Conducting the Poll
Conducting the Poll Acumentis DECISION CERTAINTY
Slide 35: Other Business
Other Business Acumentis DECISION CERTAINTY
Slide 36: Meeting Close
Meeting Close Acumentis DECISION CERTAINTY
Slide 37: General Questions
General Questions Acumentis DECISION CERTAINTY
Slide 38: Thankyou for your attendance & support for Acumentis
Thankyou for your attendance & support for Acumentis