General Capital Ltd. · NZX:GEN
General Capital — Shareholder Meeting (September 2022)
26 slides from General Capital's shareholder meeting presentation, Sep 28, 2022
Slide 1: Welcome to General Capital Limited's Annual Meeting
Welcome to General Capital Limited’s Annual Meeting 3:00pm Wednesday 28 September 2022 1
Slide 2: Chairman of the meeting: Simon McArley
Chairman of the meeting： Simon McArley 2
Slide 3: Board of directors
Brent King Rewi Bugo Huei Min (Lyn) Lim Simon McArley Paul Zingel 3
Slide 4: Agenda
Agenda 1.1 Chairman’s Introduction 1.2 Apologies 1.3 Chairman’s address 1.4 Extraordinary Business 1.5 Regular Business 1.6 General Business and Shareholder discussion 4
Slide 5: 1.1 Chairman's Introduction
1.1 Chairman’s Introduction 5
Slide 6: 1.2 Apologies
1.2 Apologies = GENERAL S Capita
Slide 7: 1.3 Chairman's address
1.3 Chairman’s address 7
Slide 8: 1.4 Extraordinary Business
1.4 Extraordinary Business a) Resolution 1: Issue of Shares pursuant to a wholesale capital raising. To consider and, if thought fit, pass the following ordinary resolution: “That the Shareholders approve (for the purposes of NZX Listing Rule 4.2.1) the issue of up to $5 million of new Shares to suc
Slide 9: 1.5 Regular Business
1.5 Regular Business a) Consideration and Discussion of Annual Report. The meeting will receive, consider and discuss the Annual Report of GenCap for the year ended 31 March 2022, including the financial statements for that year and the Directors’ and auditor’s reports to the Shareholders. 9
Slide 10: Managing Director: Brent King
Managing Director: Brent King 10
Slide 11: Key Points
Key Points Deposits up 52% to $88.0m Loans up 49% to $80m Cash up 128% to 16.7m Total Assets up 51% to 102.0m Revenue up 64% to $8.0m Group NPBT up 1,540 % to $1.3m 11
Slide 12: General Capital Consolidated Balance Sheet
General Capital Consolidated Balance Sheet 100.0 80.0 60.0 40.0 13.5 20.0 gg 94 °° aa | | | A Equity (Smil) Total Liabilities (Smil) Total Assets (Smil) @ Mykco - 31 March 2018 § GCL - 31 March 2019 @ GCL - 31 March 2020 ® GCL - 31 March 2021 ® GCL - 31 March 2022 = GENERAL CAPITAL
Slide 13: Growth in General Finance Limited (Subsidiary)
Growth in General Finance Limited (Subsidiary) 120.00 111.87 99.13 101.45 100.00 90.66 89.42 83.07 79.10 80.00 71.26 72.21 64.53 64.99 61.04 60.00 58.47 51.37 55.22 47.68 47.08 45.37 40.18 41.84 41.17 40.00 34.46 20.00 9.71 10.41 6.00 6.05 6.90 7.59 5.72 5.83 5.90 5.82 6.28 0.00 Dec-19 Mar-20 Jun-20
Slide 14: Synthony Sponsorship
Synthony Sponsorship ax G CAPITAL
Slide 15: Synthony Sponsorship
Synthony Sponsorship 2019-21 —— > — G CAPITAL
Slide 16: Managing Director: Brent King
Managing Director: Brent King 16
Slide 17: 6 months to 30/09/2022 Guidance
6 months to 30/09/2022 Guidance Loan Receivables (Net) $100m - $104m Outlook to 30 September 2022: Total Assets $120m - $125m - We expect September to be a record 6 Term Deposit Liabilities $105m - $110m monthly profit for the group due to continued Total Liabilities $106m - $111m growth in the bala
Slide 18: The Best is yet to come!
Slide 19: Resolution 2: Auditors fees and expenses
b) Resolution 2: Auditors fees and expenses To record that GenCap’s auditors, Baker Tilly Staples Rodway, Auckland are automatically reappointed as auditors pursuant to section 207T of the Companies Act 1993 and to consider, and if thought fit, to pass the following ordinary resolution: “That the Bo
Slide 20: Resolution 3: Election of Director - Paul Zingel
c) Resolution 3: Election of Director - Paul Zingel To consider and, if thought fit, pass the following ordinary resolution: “That Paul Zingel be elected as a director of GenCap.” 20
Slide 21: Resolution 4: Election of Director - Greg James
d) Resolution 4: Election of Director – Greg James To consider and, if thought fit, pass the following ordinary resolution: “That Greg James be elected as a director of GenCap.” 21
Slide 22: Resolution 5: Re-election of Director - Huei Min (Lyn) Lim
e) Resolution 5: Re-election of Director - Huei Min (Lyn) Lim To consider and, if thought fit, to pass the following ordinary resolution: “That Huei Min (Lyn) Lim be elected as a director of GenCap.” 22
Slide 23: Resolution 6: Re-election of Director - Rewi Hamid Bugo
f) Resolution 6: Re-election of Director - Rewi Hamid Bugo To consider and, if thought fit, to pass the following ordinary resolution: “That Rewi Hamid Bugo be elected as a director of GenCap.” 23
Slide 24: Resolution 7: Increase to Directors' fee pool
g) Resolution 7: Increase to Directors’ fee pool To consider and, if thought fit, to pass the following ordinary resolution: “That the maximum aggregate amount of remuneration payable by GenCap to the Directors (in their capacity as directors, as that term is defined in the NZX Listing Rules) be inc
Slide 25: 1.6 General Business and Shareholder discussion
1.6 General Business and Shareholder discussion - to consider any other matters that may be brought properly before the Meeting. 25
Slide 26: Thank you for attending General Capital Limited's Annual Meeting
Thank you for attending General Capital Limited’s Annual Meeting 26 26
General Capital — Shareholder Meeting (September 2022) on 6ix