Cog Financial Services Limited · ASX:COG

Cog Financial Services — Shareholder Meeting (November 2018)

9 slides from Cog Financial Services's shareholder meeting presentation, Nov 16, 2018

  1. Slide 1: Annual General Meeting Managing Director Presentation

    For personal use only ANNUAL GENERAL MEETING MANAGING DIRECTOR PRESENTATION 16 NOVEMBER 2018

  2. Slide 2: Strategic Objective

    STRATEGIC OBJECTIVE Page 2 For personal use only Building a leading position in the Australian business equipment and asset finance industry Grow origination of company owned products and shareholder returns Value Expand in-house leasing Leveraging company’s products capability and broker distributi

  3. Slide 3: COG – The Trusted Finance Advisor to SMEs

    COG – THE TRUSTED FINANCE ADVISOR TO SMEs Page 3 For personal use only Dominant trusted finance Broker Synergies advisor to Australian SMEs Finance Product ₋ IT 14% of intermediated ₋ Prime equipment ₋ Compliance ₋ Prime auto ₋ Back office support business ₋ Non-prime equipment Asset Finance - Distr

  4. Slide 4: Growing Size of Broker Originated Net Asset Finance

    GROWING SIZE OF BROKER ORIGINATED NET ASSET FINANCE Page 4 For personal use only Acquisitions completed post 30 June 2018 Commentary Consideration $28.2m Consolidated Finance Group Growing portfolio of investment in finance brokers Increased investment from 80% to100% and asset finance aggregators 1

  5. Slide 5: Compliance Environment – On Balance Positive

    COMPLIANCE ENVIRONMENT – ON BALANCE POSITIVE Page 5 For personal use only • Royal Commission: no open findings for changes to SME lending • ASIC: not focused on prime SME bank lending • Strengthened compliance required: = additional time Operational risk may come from Banks and Finance Companies str

  6. Slide 6: Strengthened Team

    STRENGTHENED TEAM Page 6 For personal use only Over the last year, we have strengthened our team, improving our depth and experience Andrew Bennett – Executive Patrick Tuttle – Independent NED Andrew trained as a Chartered Accountant at Patrick was Managing Director and Co-Group CEO of ASX- KPMG 25

  7. Slide 7: Capital Management Approach

    CAPITAL MANAGEMENT APPROACH Page 7 For personal use only COG have invested surplus funds. The un-restricted cash balance of $5.7m is the minimum required to operate the business. For example, the exercise of options in August 2019 for the acquisition of equity brokers will consume around $3.5m. The

  8. Slide 8: Market Guidance

    MARKET GUIDANCE Page 8 For personal use only The Board reaffirms the market guidance provided in August 2018. The Commercial Equipment Leasing business continues to grow strongly.

  9. Slide 9: Questions

    For personal use only QUESTIONS COG ANNUAL GENERAL MEETING 16 NOVEMBER 2018

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