Sims Ltd. · ASX:SGM
Sims — Shareholder Meeting (November 2022)
39 slides from Sims's shareholder meeting presentation, Nov 8, 2022
Slide 1: 2022 Annual General Meeting
For personal use only 2022 Annual General Meeting 9:00am (AEDT), Tuesday 8 November Geoff Brunsdon, Chairman Alistair Field, Group CEO and Managing Director
Slide 2: Disclaimer
Disclaimer The material contained in this document is a presentation of information about the Group’s activities For personal use only current at the date of the presentation, 8 November 2021. It is provided in summary form and does not purport to be complete. It should be read in conjunction with t
Slide 3: Welcome to the 2022 AGM
For personal use only Welcome to the 2022 AGM Geoff Brunsdon, Chairman 3
Slide 4: Acknowledgement of Country
For personal use only Acknowledgement of Country 4
Slide 5: Welcome to the 2022 AGM
For personal use only Welcome to the 2022 AGM Geoff Brunsdon, Chairman 5
Slide 6: Chairman's Address
For personal use only Chairman’s Address Geoff Brunsdon, Chairman 6
Slide 7: CEO's Address
For personal use only CEO’s Address Alistair Field, Group CEO 7
Slide 8: Sustainability
Sustainability Strengthened sustainability credentials For personal use only Ranked 11th in the Global 100 list Received maximum AAA of most sustainable companies, rating ranked for the 8th time Ranked #6 in Sustainability Included in Financial Magazine Top 100 companies in Times/Nikkei Asia inaugur
Slide 9: Summary of Financial Outcomes
Summary of Financial Outcomes High-quality result - materially increased sales volume, revenue, and profit. Significantly higher cash flow distribution while maintaining a strong balance sheet. For personal use only Sales Revenue Sales Volumes $ 9,264.4 million 8,106 million tonnes FY21 FY21 12.2% 5
Slide 10: Employee Health & Safety
Employee Health & Safety Strong safety performance with the lowest ever Total Recordable Injury Frequency Rate For personal use only 160 48% • Implementation of the Critical Risk Management 140 reduction in strategy delivered sequential improvements since FY19 120 Recordable Injuries • Proactive lea
Slide 11: Trading Update
Trading Update Soft market conditions have persisted throughout 1Q FY23 and, consistent with industry reports, this has been driven by lower volumes, tighter trading margins, and resiliently high inflation. For personal use only Current trading conditions Lower scrap volumes resulting from signifi
Slide 12: Welcome to the 2022 AGM
For personal use only Welcome to the 2022 AGM Geoff Brunsdon, Chairman 12
Slide 13: Voting Procedure - In person during the meeting
Voting Procedure - In person during the meeting For personal use only Please mark your voting card 13
Slide 14: Voting Procedure – Online during the meeting
Voting Procedure – Online during the meeting Matter Procedure For personal use only Voting All voting will be determined by a poll To be able to vote you must register for a voting card by selecting the “Get a voting card” from the bottom of the site Enter your shareholder number and postcode
Slide 15: Please ask your questions now.
For personal use only Please ask your questions now. 15
Slide 16: Receive financial statements
For personal use only “To receive and consider the financial statements of the Company and its controlled entities for the year ended 30 June 2022 and the related Directors’ Report, Directors’ Declaration and Auditor’s Report”. 16
Slide 17: Re-elect Ms Deborah O'Toole as Director
For personal use only RESOLUTION 1 To re-elect Ms Deborah O’Toole as a Director of the Company 17
Slide 18: Please ask your questions now.
For personal use only Please ask your questions now. 18
Slide 19: Resolution vote results
For personal use only Resolution 1 For Discretionary Against Abstain Votes 150,439,688 464,055 2,921,181 37,658 97.80% 19
Slide 20: Re-elect Mr Hiroyuki Kato as Director
For personal use only RESOLUTION 2 To re-elect Mr Hiroyuki Kato as a Director of the Company 20
Slide 21: Please ask your questions now.
For personal use only Please ask your questions now. 21
Slide 22: Resolution vote results
For personal use only Resolution 2 For Discretionary Against Abstain Votes 151,401,190 286,232 2,134,302 40,858 98.43% 22
Slide 23: Re-elect Mr Philip Bainbridge as Director
For personal use only RESOLUTION 3 To re-elect Mr Philip Bainbridge as a Director of the Company 23
Slide 24: Please ask your questions now.
For personal use only Please ask your questions now. 24
Slide 25: Resolution vote results
For personal use only Resolution 3 For Discretionary Against Abstain Votes 152,838,281 286,437 676,906 59,458 99.37% 25
Slide 26: Renew proportional takeover provisions
For personal use only RESOLUTION 4 To approve the renewal of proportional takeover provisions for 3 years 26
Slide 27: Please ask your questions now.
For personal use only Please ask your questions now. 27
Slide 28: Resolution vote results
For personal use only Resolution 4 For Discretionary Against Abstain Votes 151,648,605 297,157 1,851,094 65,726 98.60% 28
Slide 29: Adopt the Remuneration Report
For personal use only RESOLUTION 5 To adopt the Remuneration Report for the year ended 30 June 2022 29
Slide 30: Please ask your questions now.
For personal use only Please ask your questions now. 30
Slide 31: Resolution vote results
For personal use only Resolution 5 For Discretionary Against Abstain Votes 147,904,098 275,517 5,556,143 126,735 96.21% 31
Slide 32: Participation in Long Term Incentive Plan by Mr Alistair Field
For personal use only RESOLUTION 6 To approve the participation in the Sims Limited Long Term Incentive Plan by Mr Alistair Field 32
Slide 33: Please ask your questions now.
For personal use only Please ask your questions now. 33
Slide 34: Resolution vote results
For personal use only Resolution 6 For Discretionary Against Abstain Votes 151,964,473 286,960 1,556,116 56,933 98.80% 34
Slide 35: Approve the transition plan in the Climate Report
For personal use only RESOLUTION 7 To approve the transition plan set out in the Climate Report 35
Slide 36: Please ask your questions now.
For personal use only Please ask your questions now. 36
Slide 37: Resolution vote results
For personal use only Resolution 7 For Discretionary Against Abstain Votes 136,958,375 288,510 15,848,718 765,479 89.46% 37
Slide 38: Welcome to the 2022 AGM
For personal use only Welcome to the 2022 AGM Geoff Brunsdon, Chairman 38
Slide 39: Thank you
For personal use only Thank you