Genesis Energy Limited · NZX:GNE
Genesis Energy — Shareholder Meeting (2019)
32 slides from Genesis Energy's shareholder meeting presentation, 2019
Slide 1: 2019 Annual Shareholder Meeting
2019 Annual Shareholder Meeting
Slide 2: Barbara Chapman, Chairman
Barbara Chapman CHAIRMAN
Slide 3: Agenda
Agenda Chair Chief Address Executive Address Shareholder Resolutions Questions and Voting
Slide 4: Board of Directors
Board of Directors cm a dn oh Barbara Chapman Catherine Drayton Doug McKay Tim Miles din th dh ah James Moulder Joanna Perry Maury Leyland Penno Paul Zealand
Slide 5: EBITDAF
EBITDAF $305 FY18 $360m NPAT $ 5G: up $39m, FY18 $20m Underlying $ earnings up oF FY18 $57m Free cash flow $ i /6 =: Operating costs down $1.2m
Slide 6: Corporate Governance
Corporate Governance
Slide 7: Our electricity sector, the enabler of New Zealand's low carbon future
Our electricity sector, the enabler of New Zealand’s low carbon future
Slide 8: NZ's decarbonisation through electrification
NZ’s decarbonisation through electrification We need a system that is resilient to shocks and protects our economy and decarbonisation efforts source: MfE Greenhouse Gas Inventory 1990-2017
Slide 9: Enabling a low carbon future
. , - Enabling alow.” carbon future
Slide 10: Marc England, Chief Executive Officer
Marc England CHIEF EXECUTIVE OFFICER
Slide 11: Reaching 100% renewable electricity has challenges
Reaching 100% renewable electricity has challenges While others take early steps towards renewable electricity, NZ is near the summit
Slide 12: NZ's transition to a low carbon future needs a low cost, low carbon and reliable electricity system
NZ’s transition to a low carbon future needs a low cost, low carbon and reliable electricity system More renewables New technologies Manage the transition
Slide 13: Enabling a more sustainable future
Enabling a more sustainable future 143% 714 1,000 School-gen 450 GWh 250,000 increase Whio pairs schools Trust per annum carbon since 2011 protected engaged established from 2021 offset As kaitiaki of the natural The primary resources we use objective is to when producing produce a stable 50% electr
Slide 14: Wholesale
Wholesale
Slide 15: National and regional storage levels
National Storage Band NI Storage as % of Average SI Storage as % of Average 140% 140% 120% 120% 100% 100% 80% 80% 60% 60% 40% 40% Low national storage Low North Island storage 20% 20% Nov-18 Jul-18 Sep-18 Feb-19 Dec-18 Jan-19 Mar-19 Jun-19 Oct-18 May-19 Apr-19 Aug-18
Slide 16: Retail
Retail
Slide 17: Customer churn and retail milestones
Bottle Gas Monitoring Launch 40% Electricity Power Monitoring Launch Energy IQ Shout I 35% Launch Power Genesis Move to the Power Shout III Brand 2.0 Future I Shout II 30% Dual Fuel Refresh Power 25% Power Shout V Shout IV 20% 15% 10% 5% 0% Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar
Slide 18: For dairy – an innovation proof point
For dairy – an innovation proof point Their energy use + our generation Our innovation = cost out for customer Farmers can save 5-25% on their bill A more sustainable choice Switch energy use times for better value Partnering for success For Dairy is exclusive to Fonterra Farm Source farmers
Slide 19: Customer contact channels
Phone WebChat Email Digital FY19 30% 12% 58% FY18 40% 14% 47% FY17 44% 13% 43% FY16 52% 14% 34%
Slide 20: 2020 Financial Year
— — =— = —_— —— — — — == 2020 ‘a Financial Year
Slide 21: With you. For you.
WITH YOU. FOR YOU. genesis
Slide 22: Shareholder Questions
Shareholder Questions
Slide 23: Resolutions and Voting
Resolutions and Voting
Slide 24: Re-election of Timothy Miles
— re-election of Timothy Miles
Slide 25: Re-election of Maury Leyland Penno
— re-election of Maury Leyland Penno
Slide 26: Re-election of Paul Zealand
— re-election of Paul Zealand
Slide 27: Election of Catherine Drayton
— election of Catherine Drayton
Slide 28: Special Resolution: Constitutional Amendments
Special Resolution Resolution Five Constitutional Amendments
Slide 29: Resolutions
Resolutions 1. Votes held by the Chairman, Directors and other proxies. 2. This is 68.55% of the total issued shares of 1,023,646,556. 29
Slide 30: Farewell to Joanna Perry
— Farewell to Joanna Perry
Slide 31: Thank you
Thank you Join us for morning tea
Slide 32: With you. For you.
WITH YOU. FOR YOU. genesis