Energy Action Limited · ASX:EAX
Energy Action — Shareholder Meeting (November 2018)
31 slides from Energy Action's shareholder meeting presentation, Nov 21, 2018
Slide 1: 2018 Annual General Meeting
Tower 3 Collins Square, 747 Collins Street, Melbourne VIC 2018 ANNUAL GENERAL MEETING 21/11/2018
Slide 2: Agenda
AGENDA 1. CHAIRMAN’S ADDRESS • Introduction of Board Members and Welcome Address • Strategic Review 2. CHIEF EXECUTIVE OFFICER’S ADDRESS • Business Overview • FY18 Financial Results & Highlights • FY19 Operational Achievements (YTD) & Priorities 3. FORMAL BUSINESS 4. RESOLUTIONS Tower 3 Collins Squa
Slide 3: Strategic Review Update
STRATEGIC REVIEW UPDATE 3 • In August, Board announced appointment of PwC to assist with the review of strategic options available to maximise value for shareholders: • Sale • Joint venture • Merger • Continue with organic growth strategy • Commenced due to the opportunities presented by the energy
Slide 4: Chief Executive Officer's Address
CHIEF EXECUTIVE OFFICER’S ADDRESS MR IVAN SLAVICH, CHIEF EXECUTIVE OFFICER Quintessential Equity - 44 Sydney Ave, Forrest ACT
Slide 5: Energy Action at a Glance
ENERGY ACTION AT A GLANCE ___DEOVGATEDTEAWS: L f ote a of Foun); 130 EMPLOYEES ss oye state ETETET Perma! Avr case PORRRETETET 1300+ GR wr OI) ( BOREIGES—Lempina C+) of the national and environmental certificate commercial and = Procurement Events industrial electricity spend — Wy services provider
Slide 6: Our Client Value Proposition
Tower 3 Collins Square, 747 Collins Street, Melbourne VIC OUR CLIENT VALUE PROPOSITION WE HELP CLIENTS UNDERSTAND AND TAKE CONTROL OF THEIR ENERGY NEEDS.
Slide 7: Energy Optimisation Lifecycle
ENERGY OPTIMISATION LIFECYCLE 7
Slide 8: Integrated Energy Plan – What Is It?
INTEGRATED ENERGY PLAN – WHAT IS IT? 8 • Benchmarking to industry standards • Gap analysis • Energy Analytics • Contract Management • Procurement Strategy • Regular Performance Reviews • Measure and Monitor • Confirm vision and strategy • Rationale for investing in energy strategy (eg. Corporate Soc
Slide 9: Integrated Energy Planning – How We Achieve Results
9 INTEGRATED ENERGY PLANNING – HOW WE ACHIEVE RESULTS We can save up to 60% of our clients energy supply costs 10% 30% 20% Reduction Reduction Reduction Energy Procurement & Contract Management Energy Efficiency Projects & Onsite Generation
Slide 10: Energy Action Price Index
ENERGY ACTION PRICE INDEX 10 22 AUG 2006 – 12 NOV 2018 Electricity prices are dependent upon various factors outside of the control of Energy Action, including but not limited to, charges and taxes imposed by the government on energy retailers, energy distributors or other energy industry participan
Slide 11: FY18 Financial Results & Highlights
Tower 3 Collins Square, 747 Collins Street, Melbourne VIC FY18 FINANCIAL RESULTS & HIGHLIGHTS
Slide 12: FY18 Financial Performance
FY18 FINANCIAL PERFORMANCE 12 Key Financial Metrics FY2018 FY2017 Revenue $31.17m $32.96m Statutory NPAT $2.59m $1.77m Operating NPAT $2.59m $2.52m Operating Cash Flow before interest, $3.64m $3.58m tax and significant items Earnings per share (Statutory) 9.97c 6.83c Earnings per share (Operating) 9
Slide 13: FY18 Full Year Results Financial Highlights
FY18 FULL YEAR RESULTS FINANCIAL HIGHLIGHTS 13 STRONG GROWTH IN PROFITS, CASH FLOWS AND DIVIDENDS Statutory profit of $2.59 million Up 46% vs FY17 Operating profit of $2.59 million Up 3% vs FY17 Operating EBITDA margin grew to 18.3% Up 1.2 percentage points Operating cash flow up 92% to $6.9 million
Slide 14: FY18 Financial Performance
FY18 FINANCIAL PERFORMANCE 14 PROCUREMENT CMER PAS CORPORATE Facilitated a 15 year Decline in Metrics sites Grew OptEEmise energy 30% increase in the Corporate PPA deal between under management efficiency product for number of females in UNSW, Maoneng’s Sunraysia slowed in second half commercial bui
Slide 15: FY19 Operational Achievements (YTD) & Priorities
FY19 OPERATIONAL ACHIEVEMENTS (YTD) & PRIORITIES Quintessential Equity - 44 Sydney Ave, Forrest ACT
Slide 16: FY19 YTD Operational Achievements
FY19 YTD OPERATIONAL ACHIEVEMENTS 16 YTD ACHIEVEMENTS • Project to provide billing services to a retailer for a large client with multiple sites • Currently working to secure the final stage – circa $2m over 3 years • Profitable, high-value engagement for Energy Bureau services • Initial delivery fo
Slide 17: Priorities for FY19
PRIORITIES FOR FY19 Develop an Integrated Refresh Energy Metrics Digitisation everywhere with new offerings and Energy een os our to support operational Seen clients and a funded National . competitive pricing effectiveness Energy Rating system 4) Develop new products and services to grow the busine
Slide 18: Getting in Touch
GETTING IN TOUCH IVAN SLAVICH CONTACT US Chief Executive Officer (02) 9633 6476 @EnergyActionAUS Ivan.slavich@energyaction.com.au www.linkedin.com/company/energy-action info@energaction.com.au MICHAEL FAHEY www.energyaction.com.au Chief Operating Officer & Chief Financial Officer 1300 553 551 (02) 9
Slide 19: Formal Business
Tower 3 Collins Square, 747 Collins Street, Melbourne VIC FORMAL BUSINESS MR MURRAY BLEACH, CHAIRMAN
Slide 20: Procedural Matters
PROCEDURAL MATTERS 20 • If there are any Shareholders who are eligible to vote who have not received their yellow voting card, please see a representative from Link Market Services at the registration desk. • Shareholders holding a red card are not eligible to vote but can speak at the meeting. • Vi
Slide 21: General Business
GENERAL BUSINESS FORMAL RESOLUTIONS • First Item of business: Consideration of the annual report, financial report, Directors report and Auditors report for the financial year ended 30 June 2018. • No questions for Ernst & Young were received prior to the meeting. • Representatives from our audit re
Slide 22: Resolutions
RESOLUTIONS MR MURRAY BLEACH, CHAIRMAN Quintessential Equity - 44 Sydney Ave, Forrest ACT
Slide 23: Resolution 1: Adoption of Remuneration Report
RESOLUTION 1 23 ADOPTION OF REMUNERATION REPORT That the Company’s Remuneration Report for the financial year ended 30 June 2018, as set out in the Directors’ Report, is adopted.
Slide 24: Resolution 1: Proxies
RESOLUTION 1 24 PROXIES For Against Open Abstain No. of Shares 9,894,204 20,647 935,833 0 % of Total Directed Proxies 91.19% 0.19% 8.62%
Slide 25: Resolution 2: Re-election of Director Murray Bleach
RESOLUTION 2 25 RE-ELECTION OF DIRECTOR MR MURRAY BLEACH That Mr Murray Bleach, a Director of Energy Action Limited who retires in accordance with clause 46.1 of the Constitution, and being eligible for re-election, is re-elected as a Director of Energy Action Limited.
Slide 26: Resolution 2: Proxies
RESOLUTION 2 26 PROXIES For Against Open Abstain No. of Shares 14,589,695 118,002 935,833 0 % of Total Directed Proxies 93.26% 0.75% 5.98%
Slide 27: Resolution 3: Re-election of Director Nitin Singhi
RESOLUTION 3 27 RE-ELECTION OF DIRECTOR MR NITIN SINGHI That Mr Nitin Singhi, a Director of Energy Action Limited who retires in accordance with clause 46.1 of the Constitution, and being eligible for re-election, is re-elected as a Director of Energy Action Limited.
Slide 28: Resolution 3: Proxies
RESOLUTION 3 28 PROXIES For Against Open Abstain No. of Shares 14,705,497 2,200 935,833 0 % of Total Directed Proxies 94.00% 0.01% 5.98%
Slide 29: Resolution 4: Re-election of Director Mark de Kock
RESOLUTION 4 29 RE-ELECTION OF DIRECTOR MR MARK DE KOCK That Mr Mark de Kock, a Director of Energy Action Limited who retires in accordance with clause 46.1 of the Constitution, and being eligible for re-election, is re-elected as a Director of Energy Action Limited.
Slide 30: Resolution 4: Proxies
RESOLUTION 4 30 PROXIES For Against Open Abstain No. of Shares 13,198,087 1,509,610 935,833 0 % of Total Directed Proxies 84.37% 9.65% 5.98%
Slide 31: Disclaimer
DISCLAIMER 31 This presentation has been prepared by Energy Action Limited (ABN: 90 137 363 636). This presentation is not intended as an offer or solicitation with respect to the purchase or sale of any security nor does it constitute an offer or solicitation in any jurisdiction in which such an of