Omg Group Limited · ASX:OMG
Omg — Shareholder Meeting (November 2020)
30 slides from Omg's shareholder meeting presentation, Nov 26, 2020
Slide 1: 2020 AGM Chairman's Address and CEO Presentation
FORBIDDEN FOODS LIMITED (ASX.FFF) ASX Announcement 26 November 2020 2020 AGM Chairman’s Address and CEO Presentation In accordance with the Listing Rules, attached is the Chairman’s address and CEO presentation which will be delivered today at the Forbidden Foods Limited 2020 Annual General Meeting.
Slide 2: Chairman's Address
FORBIDDEN FOODS LIMITED (ASX.FFF) CHAIRMAN’S ADDRESS Good morning everyone, welcome to the Annual General Meeting of Forbidden Foods Limited. My name is Mark Hardgrave and I am Chairman of Forbidden Foods and will chair today’s meeting. At this time, I would like to introduce the other members of th
Slide 3: Annual General Meeting 2020
ANNUAL GENERAL MEETING 2020 (ASX:FFF)
Slide 4: Forbidden Foods Limited Board and Management
FORBIDDEN FOODS LIMITED BOARD AND MANAGEMENT • Mark Hardgrave, Independent Non-Executive Director and Chairman • Colleen Lockwood, Independent Non-Executive Director • Marcus Brown, Chief Executive Officer and Managing Director • Jarrod Milani, Chief Operating Officer and Executive Director • Sam Fr
Slide 5: Agenda
AGENDA • Chairman’s address • CEO presentation • Registration and voting instructions • Business of the meeting • Meeting close ASX:FFF |
Slide 6: Chairman's Address
CHAIRMAN’S ADDRESS ASX:FFF |
Slide 7: CEO Presentation
CEO PRESENTATION MARCUS BROWN
Slide 8: Company Highlights
COMPANY HIGHL IGHTS KEY BRAND IN FAST GROWING BABY DIVERSE CUSTOMER BASE & FOOD & PLANT BASED SEGMENTS REVENUE STREAMS Differentiated product range with consumer The Company supplies to a broad range of appeal in the growing Organic Food, Healthy distributors, major retailers, independent Snack and
Slide 9: Board of Directors
BOARD OF DIRECTORS MARK HARDGRAVE Independent Non-Executive Chairman (appointed January 2020) Over 35 years’ experience in finance. Co-founder and former joint MD of boutique corporate advisory group M&A Partners. Prior to that, senior roles at Taverners Group, Merrill Lynch, Thorney and Bennelong,
Slide 10: Corporate Snapshot
CORPORATE SNAPSHOT K E Y S TAT I S T I C S MANAGEMENT TEAM ASX Stock Code FFF Marcus Brown CEO FY20 Revenue $4.1M Jarrod Milani COO Cash Balance (30 Sep 20) $5.1M Sam Fraser CFO Debt Nil Adam Soffer Company Secretary Share Price (18 Nov 20) $0.28 Shares on Issue 75M Market Cap A$21M SHARE PRICE HIST
Slide 11: Strong Operational Progress Since ASX Listing
STRONG OPERATIONAL PROGRESS SINCE ASX LISTING Forbidden Foods is well-capitalised to take New product range, FUNCH Baby Fruit Purees, advantage of multiple growth opportunities, with IPO now in production and expected to contribute to funds applied toward accelerating sales, marketing FY21 revenue g
Slide 12: On-Trend for Baby Food Market
1 ON-TREND FOR BABY FOOD MARKET 5.4% PA GROWTH ~US$278 B ANTICIPATED 2025 ~US$214 B 2020 Growth Trends • Natural and Organic - no preservatives, artificial colours or flavours used • China growth (14.6m births pa expected) 2 • Convenience (easy-to-use packages) 1.Statista 2020 - https://www.statista
Slide 13: Structure
STRUCTURE PRODUCT GROUPS PLANT-BASED RICE AND POWDERS, GRAINS & PACKAGED RICE WELLNESS FOOD PRODUCTS BABY PUREE & INGREDIENTS POWDERS, DIY MIXES & SNACKS SERVICING ALL FOOD FOOD FOOD EXPORT CHANNELS R E TA I L E R S MANUFACTURERS SERVICE KEY CUSTOMERS ASX:FFF | Page 6
Slide 14: Range: Australian Infant Fruit & Grain Puree & Powders
RANGE AUSTRALIAN INFANT FRUIT & GRAIN PUREE & POWDERS FUNCH is all about Fun, Family, Food. Its current range includes Australian baby foods (featured above), Do-It-Yourself Home Baking Mixes and Wellness Smoothie Blends. ASX:FFF | Page 7
Slide 15: Range: Plant-Based
RANGE PLANT-BASED GLUTEN FREE / 100% AUSTRALIAN FLOURS Plant-based powders, flours and other wellness products ASX:FFF | Page 8
Slide 16: Range: Certified Organic Rice
RANGE CERTIFIED ORGANIC RICE RANGE Organic Rice, Conventional Rice, Rice Flour and Rice Foods ASX:FFF | Page 9
Slide 17: Channels
CHANNELS DIRECT: DISTRIBUTORS: Forbidden Foods sells direct to retailers such as Distributors sell the Company’s products to end businesses. Woolworths and Costco to maximise control in the Distributors have multiple customers that Forbidden Foods relationships and gain more value from sales. Forbid
Slide 18: Export Market
EXPORT MARKET Beyond Australia, Forbidden Foods exports to customers in New Zealand, Ireland, Singapore and the United States. This international supply chain has been strengthened through relationships built with leading distributors including: • Performance Food Group (United States), a food distr
Slide 19: The Drive Towards Plant-Based Foods
THE DRIVE TOWARDS PLANT-BASED FOODS: FEEDING 10 BILLION PEOPLE BY 2050 1 Less water, less Abundance AVAILABILITY SUSTAINABILITY land, lower carbon creates & BENEFITS footprint scalability AFFORDABILITY High in protein, low Appeals to PURPOSE- NUTRITIONAL cholesterol, Millennials and CONSCIOUS BENEFI
Slide 20: Operates at the Nexus of Two Growth Segments in Food
FORBIDDEN FOODS OPERATES AT THE NEXUS OF TWO GROWTH SEGMENTS IN FOOD Plant-Based Baby Foods Foods Global (2019) Global (2020) 1 ~US$20 billion ~US$214 billion3 U.S. Growing at 11% pa Growing at 5.4% pa (vs total food market (vs total food market growing at 2% pa) 2 growing at 2% pa)3 Funch baby food
Slide 21: Business of the Meeting
BUSINESS OF THE MEETING ASX:FF | Page 14
Slide 22: Registration and Voting
Registration and Voting 2. Click “register” in the 1. Log in or register at: 3. Record your vote. Once banner at the bottom of https://investor.automic.com.au/#/home you confirm it is lodged your screen, then select and final “register” for this meeting To contact support: Call 1300 816 159 or open
Slide 23: Financial Reports
FINANCIAL REPORTS To receive and consider, the Financial report, the Directors’ Report and the Auditor’s Report, each for the financial year ended 30 June 2020. ASX:FFF | Page 16
Slide 24: Resolution 1: Non-Binding Advisory Vote on the Remuneration Report
RESOLUTION 1: NON-BINDING ADVISORY VOTE ON THE REMUNERATION REPORT •To consider and, if thought fit, to pass the following resolution as an ordinary resolution: •'That, in accordance with section 250R(2) of the Corporations Act, the Remuneration Report as set out in the Company's annual report for t
Slide 25: Resolution 2: Election of Jarrod Milani as Director
RESOLUTION 2: ELECTION OF JARROD MILANI AS DIRECTOR •To consider and, if thought fit, to pass the following resolution as an ordinary resolution: •'That Mr Jarrod Milani, being a Director who retires by rotation in accordance with Rule 7.1(f) of the Constitution and Listing Rule 14.4, and being elig
Slide 26: Resolution 3: Issue of Executive Director Options
RESOLUTION 3: ISSUE OF EXECUTIVE DIRECTOR OPTIONS •To consider and, if thought fit, to pass the following resolution as an ordinary resolution: •'That the issue of 1,500,000 Incentive Options to Mr Jarrod Milani (or nominee), details of which are set out in the Explanatory Memorandum, is approved un
Slide 27: Resolution 4: Issue of Executive Director Options
RESOLUTION 4: ISSUE OF EXECUTIVE DIRECTOR OPTIONS •To consider and, if thought fit, to pass the following resolution as an ordinary resolution: •'That the issue of 1,500,000 Incentive Options to Mr Marcus Brown (or nominee), details of which are set out in the Explanatory Memorandum, is approved und
Slide 28: Resolution 5: Additional Placement Capacity
RESOLUTION 5: ADDITIONAL PLACEMENT CAPACITY •To consider and, if thought fit, to pass the following resolution as a special resolution: •'That the Company have the additional capacity to issue equity securities provided for in Listing Rule 7.1A.' PROXY VOTING RESULTS FOR OPEN AGAINST ABSTAIN Proxy v
Slide 29: Meeting Close
C O N TAC T D E TA I L S MEETING CLOSE www.forbiddenfoodsgroup.com Forbidden Foods Limited (ASX.FFF) Email: info@forbiddenfoods.com.au Phone: 1300 778 061 @forbiddenfoods @forbiddenfoods https://www.linkedin.com/company/forbidden-foods
Slide 30: Disclaimer
DISCLAIMER This presentation has been prepared by Forbidden Foods Ltd ACN 616 507 334 (known as “Forbidden Foods”) to provide summary information about Forbidden Foods and its subsidiaries current as at the date of this presentation. This presentation was prepared on the 26/11/2020 and the informati