Siv Capital Limited · ASX:SIV
Siv Capital — Silver Chef — Shareholder Meeting (November 2016)
22 slides from Siv Capital's shareholder meeting presentation, Nov 3, 2016
Slide 1: Annual General Meeting 3 November 2016
LAWYERS OFFICE LEVEL 11 66 EAGLE STREET BRISBANE 3 NOVEMBER 2016 10.30AM 2 MCCULLOUGH ROBERTSON ~ -_— SLIER COEF LIMITED AI) cicxcnar® NAL GENERAL WEETING ae.
Slide 2: Disclaimer
For personal use only DISCLAIMER Silver Chef Limited has not considered the financial position or Words such as ‘anticipates’, ‘expects’, ‘intends’, ‘plans’, Silver Chef cautions shareholders and prospective shareholders needs of the recipient in providing this presentation. Persons ‘believes’, ‘see
Slide 3: Chairman's Address
Chairman’s Address Allan English For personal use only 1986 2005 2008 2011 2013 2016 Silver Chef established Silver Chef Launched Silver Chef Silver Chef Silver Chef by Executive Chairman listed GoGetta in New Zealand Canada 30 Year Allan English on ASX Australia established established Anniversary
Slide 4: A Values Driven Approach – B Corporation
A Values Driven Approach – B Corporation For personal use only We believe successful, sustainable commercial enterprises require alignment of their activities around a values driven framework and a desire to make a wider contribution to the world This approach will enable us to retain high quality s
Slide 5: Why We Became A B Corporation
Why We Became A B Corporation For personal use only The formal B Corporation certification is a third party verification of Silver Chef’s cultural and values based objectives by formally committing and being measured against social and environmental responsibility outcomes. It reinforces that as a b
Slide 6: Business Model – Flexible Financing Solutions
Business Model – Flexible Financing Solutions For personal use only RentTryBuy Initial Offering (RTB) Customer Decision at 12 Months Purchase Continue Renting Upgrade Return Equipment* Easy Own Subsequent Decision Go.Own.Plus Continue RTB Retention (LTR) Customer Decision in Further 12 Months Purcha
Slide 7: FY16 Results Snapshot
FY16 Results Snapshot For personal use only PERFORMANCE HIGHLIGHTS Total contract originations up 67% to $303.0 million Rental assets and lease receivables up 50% to $539.2 million * Profit (after tax) up 44% to $22.4 million; $23.4 million after adjusting for one- off loan note break costs 18% comp
Slide 8: Growth in Originations and Asset Base
GROWTH IN ORIGINATIONS AND ASSET BASE For personal use only COST VALUE OF RENTAL ASSETS GROUP ORIGINATIONS (RENTAL ASSET AND WDV OF LEASE RECEIVABLES* ACQUISTIONS AND ADVANTAGE)* 600.0 350 Cost Value of Silver Chef rental assets Cost Value of GoGetta rental assets SilverChef Rental GoGetta Rentals S
Slide 9: Hospitality Australia and New Zealand Key Divisional Statistics
HOSPITALITY AUSTRALIA AND NEW ZEALAND For personal use only KEY DIVISIONAL STATISTICS Australia New Zealand Rental asset numbers 62,599 5359 Rental assets at cost $219.2m $18.1m Rental asset WDV $136.8m $12.0m • 31% growth in domestic rental asset originations Finance lease $43.9m $0.9M • 14% growth
Slide 10: GoGetta Key Divisional Statistics
GOGETTA For personal use only KEY DIVISIONAL STATISTICS – GOGETTA GOGETTA RENTAL ASSET BASE BY SECTOR Rental asset numbers 18,040 2% 2% Rental assets at cost $222.1m 11% 11% 3% Agricultural Rental asset WDV $171.9m 3% Construction Fitness Finance lease receivables $19.1m Hospitality Light Commercial
Slide 11: Hospitality Canada Key Divisional Statistics
HOSPITALITY CANADA For personal use only KEY DIVISIONAL STATISTICS Rental asset numbers 4,679 CALGARY Rental asset costs AUD $14.5m VANCOUVER Rental asset WDV AUD $11.9m TORONTO Finance lease receivable AUD $1.4m • Canadian asset base has reached AU $16 million - double from Customer numbers 904 pre
Slide 12: B Corp Initiatives
B Corp Initiatives Long Term Relationship with Opportunity International For personal use only Jobs to Careers and B-Great Platform: This year the Company has successfully rolled out an online learning and development platform called B Great. The platform is designed to assist in the development of
Slide 13: Strategy and Outlook
STRATEGY AND OUTLOOK For personal use only Leadership succession Continued strong underlying outlook for domestic hospitality Sustainable growth with improved credit, in GoGetta, particularly within the transport and light commercial channels Build momentum in Canada and aggressively grow the asset
Slide 14: Excellent Ongoing Customer Satisfaction Levels
EXCELLENT ONGOING CUSTOMER SATISFACTION LEVELS For personal use only • Silver Chef strives to maintain a reputation of exceptional service by using insights and customer-first thinking to deliver quick, easy, personalised experiences • This focus means we can delight our customers and improve our +6
Slide 15: Formal Business
Formal Business For personal use only SILVER CHEF GROUP 15
Slide 16: Resolution: Adoption of Remuneration Report
RESOLUTION 1 For personal use only Adoption of Remuneration Report Total number of votes cast - For 8,984,278 - Against 107,323 - Abstain 193,190 - Open 292,480 Excluded votes 8,951,735 SILVER CHEF GROUP 16
Slide 17: Resolution: Re-election of Ms Sophie Mitchell
RESOLUTION 2 For personal use only Re-election of Ms Sophie Mitchell Total number of votes cast - For 15,633,243 - Against 2,595,872 - Abstain 4,966 - Open 294,925 Excluded votes Nil SILVER CHEF GROUP 17
Slide 18: Resolution: Re-election of Mr Andrew Kemp
RESOLUTION 3 For personal use only Re-election of Mr Andrew Kemp Total number of votes cast - For 18,184,147 - Against 26,714 - Abstain 23,220 - Open 294,925 Excluded votes Nil SILVER CHEF GROUP 18
Slide 19: Resolution: Ratification of Previous Share Issue (Placement 1)
RESOLUTION 4 For personal use only Ratification and approval of previous issue of 611,112 shares (Placement # 1) Total number of votes cast - For 11,560,603 - Against 74,177 - Abstain 16,955 - Open 264,150 Excluded votes 6,613,121 SILVER CHEF GROUP 19
Slide 20: Resolution: Ratification of Previous Share Issue (Placement 2)
RESOLUTION 5 For personal use only Ratification and approval of previous issue of 737,892 shares (Placement # 2) Total number of votes cast - For 11,004,731 - Against 103,740 - Abstain 12,308 - Open 268,500 Excluded votes 7,139,727 SILVER CHEF GROUP 20
Slide 21: Resolution: Increase in Non-Executive Director Remuneration
RESOLUTION 6 For personal use only Increase in remuneration for Non-Executive Directors Total number of votes cast - For 8,949,973 - Against 180,194 - Abstain 156,924 - Open 290,180 Excluded votes 8,951,735 SILVER CHEF GROUP 21
Slide 22: Other Business
For personal use only Other Business