Nvent Electric Plc · NYSE:NVT
Nvent Electric — Shareholder Meeting (April 2019)
13 slides from Nvent Electric's shareholder meeting presentation, Apr 5, 2019
Slide 1: Forward-Looking Statements and Key Definitions
Forward-Looking Statements and Key Definitions 2 CAUTION CONCERNING FORWARD-LOOKING STATEMENTS This presentation contains statements that we believe to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of
Slide 2: Agenda
Agenda 3 Overview of our Business Our Industry Leading Positions One nVent Strategy 2018 Business Results Corporate Governance Highlights Compensation Committee Post-Separation Decisions and Oversight 2018 Compensation Program Elements Our Compensation Best Practices
Slide 3: Leading Electrical Company Focused on Connection and Protection
Electrical & Fastening Solutions (“EFS”) 26% 4 Leading Electrical Company Focused on Connection and Protection Diversified portfolio with strong financials Thermal Management 28% Industrial Company Characteristics Verticals Segments Geographies 45% Infrastructure 13% Commercial & Residential 27% Ene
Slide 4: Industry Leading Positions
5 Premier brands recognized for innovation, quality and reliability A global leader in electric heat tracing solutions A global leader in complete heat management systems A global leader in electrical and fastening solutions A leader in North American industrial enclosures A leader in European elect
Slide 5: Our nVent Strategy
6 Our nVent Strategy Driving a strategy for growth and performance Drive Productivity and Velocity One nVent Pursue Targeted Bolt-on Acquisitions Accelerate Innovation and Connected Solutions Grow Globally and in Developing Regions Focus on Attractive Verticals
Slide 6: 2018 Business Results
2018 Highlights 7 2018 Business Results Strong sales performance exceeded goals in 2018 First year as a stand-alone public company One nVent strategy focused on growth Strong cash flow generation SPARK: nVent’s Management Operating Model 2018 Business Results Segment Income up 3% to $424 million Sal
Slide 7: Corporate Governance Highlights
Diversity of experience across the Board Independent Lead Director 8 Corporate Governance Highlights Focus on Good Governance and Corporate Responsibility Commitment to absolute integrity Continuous pursuit of improvement in our water use, energy use, waste protection and emissions Commitment to div
Slide 8: Compensation Committee Post-Separation Decisions and Oversight
Initial Compensation Comparator Group Established Established Compensation Targets for NEOs Post-Separation Separated 2018 Incentive Plans & Established Initial Performance Goals (ratified by nVent’s Compensation Committee following separation) Ratified 2018 Incentive Plans & Goals and issued 2019 A
Slide 9: 2018 Compensation Program Elements
10 2018 Compensation Program Elements Our pay-for-performance philosophy and desire to closely align the interest of our management teams with those of our shareholders will continue to guide executive compensation decisions All NEOs paid on enterprise-wide plan to support One-nVent Initiative Payou
Slide 10: Our Compensation Best Practices
11 Our Compensation Best Practices Appreciate your support and “FOR” vote on NEO compensation Double-trigger change in control severance Comprehensive clawback policy that applies to annual incentive and equity compensation Rigorous stock ownership requirements and holding periods Targets for perfor
Slide 11: At nVent, we believe that safer systems ensure a more secure world. We connect
12 At nVent, we believe that safer systems ensure a more secure world. We connect and protect our customers with inventive electrical solutions.
Slide 12: Vi > t
>‘ Vi > t At nVent, we believe that safer systems ensure a more secure world. We connect and protect our customers with inventive electrical solutions.
Slide 13: Non-GAAP Reconciliation
Non-GAAP Reconciliation Reconciliation of GAAP to Non-GAAP Financial Measures ‘Went Cine pic od Seba Wat DearE FE