Shaver Shop Group Limited · ASX:SSG
Shaver Shop — Shareholder Meeting (October 2020)
35 slides from Shaver Shop's shareholder meeting presentation, Oct 28, 2020
Slide 1: Shaver Shop Group Limited Annual General Meeting
For personal use only Shaver Shop Group Limited Annual General Meeting 28 October 2020
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer For personal use only 2 ANNUAL GENERAL MEETING 2020 2
Slide 3: Welcome & Introduction, Addresses, Items of Business
For personal use only 01 Welcome & Introduction 02 Chairman’s Address 03 CEO & MD’s Address 04 Items of Business
Slide 4: Welcome & Introduction
For personal use only Welcome & Introduction 4
Slide 5: Board of Directors
Board of Directors For personal use only Board Members > Brodie Arnhold – Independent Chair > Cameron Fox – CEO & Managing Director > Craig Mathieson – Independent Director > Trent Peterson – Independent Director > Brian Singer – Independent Director > Debra Singh – Independent Director Other repres
Slide 6: Chairman's Address
For personal use only 6 Address Chairman’s
Slide 7: Shaver Shop Share Price History
For personal use only Shaver Shop Share Price History Record sales and profitability and continued dividend growth have led to strong recovery in SSG’s share price – up to $1.09 on 23 October 2020 Closing Share Price $A 1.40 1.20 1.00 0.80 0.60 0.40 0.20 0 01 Jul 16 01 Jan 17 01 Jul 17 01 Jan 18 01
Slide 8: Increasing shareholder returns
Increasing shareholder returns For personal use only History of strong operating cash flow and conservative balance sheet has supported increased dividend pay out each year 6.0 5.0 4.8 cps 4.5 cps 4.0 cps 4.2 cps 4.0 2.7 2.5 3.0 2.4 2.4 2.0 1.0 1.8 2.0 2.1 1.6 0.0 FY17 FY18 FY19 FY20 Interim/special
Slide 9: FY2021+ Growth Strategies
FY2021+ Growth Strategies For personal use only Increase market share - Utilise DIY trend to enhance Increase existing customer value brand exposure through online, social and traditional channels - Maintain service excellence to Product innovation & expansion - Target 1 million customer drive repea
Slide 10: CEO & MD's Address
For personal use only 10 Address CEO & MD’s
Slide 11: FY2020 Highlights
FY2020 Highlights For personal use only • Total Sales up 16.4% to $194.9 million Sales • Online sales up 103.5% to $47.8 million (now 22.7% of total sales) • FY20 LFL Corporate Store Sales growth +15.3% (pcp +1.1%) • Pro forma EBITDA (AASB 117) up 36.0% to $18.4m in FY20 (pcp Norm. EBITDA $13.5m) –
Slide 12: FY2020 trading review
FY2020 trading review For personal use only Pre COVID-19 Sales Performance (July ‘19 to Mar ‘20) FY2020 Trends in Total and Like for Like Sales Growth > Trading performance was tracking ahead of internal targets through Mar ‘20 45.0% > H1 FY2020 – LFL sales up 9.3%, Online sales up 61% 39.6% 40.0% >
Slide 13: Shaver Shop has a strong growth trajectory
Shaver Shop has a strong growth trajectory Online sales now the dominant driver of growth and accelerating For personal use only Consistent Sales Growth (A$ millions) Online Sales Growth (%) 200 120.0% 0.3 103.5% 5.4 100.0% 150 12.1 80.0% 100 194.9 167.1 60.0% 149.6 46.6% 130.4 50 106.7 40.0% 29.7%
Slide 14: Our omni-retail growth opportunity
For personal use only Our omni-retail growth opportunity 14
Slide 15: Large and growing market
Large and growing market For personal use only Shaver Shop is a market leader with plans to further growth market share Beauty & Personal Care Market Growth (A$m) > Health, beauty and personal care market is estimated to be $10B+ in Australia & New Zealand 12,000 > Product categories straddle all ag
Slide 16: Our stores are critical in delivering customer experience
Our stores are critical in delivering customer experience For personal use only Our store teams are product experts delivering outstanding customer service. Shaver Shop stores are a key differentiator that is essential to delivering our desired shopping experience. > Team members are product experts
Slide 17: Translating the in-store experience online
Translating the in-store experience online For personal use only Digital strategy is designed to engage, educate and inspire our customers > Shaver Shop has deep domain knowledge in grooming and personal care appliances > Our DIY “BLOG” section of the Shaver Shop website translates this knowledge in
Slide 18: Strong growth from understanding our customers
Strong growth from understanding our customers For personal use only We are at the cusp of using our customer data to drive recurring revenue growth > Shaver Shop is more actively and effectively engaging with our E-mail database growth customer database 600,000 > We have significantly more opportun
Slide 19: Q1 Business Update & Outlook
For personal use only Q1 Business Update & Outlook 19
Slide 20: Strong Q1 FY21 Performance
Strong Q1 FY21 Performance For personal use only Q1 FY21 Business Update* FY21 Outlook > DIY and online sales trends continuing > Importance of Q2 trading to full year financial results and ongoing uncertainty caused by the COVID-19 pandemic > Total sales up 19.8% to $49.1 million means sales and ea
Slide 21: Items of Business
For personal use only 21 Items of Business
Slide 22: Conduct of a poll
Conduct of a poll For personal use only A poll will be conducted at the end of the meeting following consideration and discussion of all items of business 22 ANNUAL GENERAL MEETING 2020
Slide 23: 1. Annual Financial Report
1. Annual Financial Report For personal use only “To receive and consider the Financial Report, Directors’ Report and Auditor’s Report of the Company and its controlled entities for the financial year ended 30 June 2020.” There is no vote on this item of business. ANNUAL GENERAL MEETING 2020 23
Slide 24: 2. Adoption of remuneration report
2. Adoption of remuneration report For personal use only “That the Remuneration Report (which forms part of the Directors’ Report) in respect of the financial year ended 30 June 2020 be adopted.” 24 ANNUAL GENERAL MEETING 2020
Slide 25: 2. Adoption of Remuneration Report proxies
2. Adoption of Remuneration Report For personal use only Proxies Received # votes % votes For 56,291,160 99.45% Open 123,060 0.22% Against 187,090 0.33% Abstain 272,656 The Chair of the Meeting intends to vote all available proxies in favour of this resolution. 25
Slide 26: 3. Election of director – Mrs Debra Singh
3. Election of director – Mrs Debra Singh For personal use only “That Debra Singh, in accordance with article 66.2 of the Company’s constitution and, being eligible, offers herself for election as a Director of the Company.” ANNUAL GENERAL MEETING 2020 26
Slide 27: 3. Election of Director – Mrs Debra Singh proxies
For personal use only 3. Election of Director – Mrs Debra Singh Proxies Received # votes % votes For 72,680,575 99.82% Open 130,250 0.18% Against 0 0.00% Abstain 103,200 The Chair of the Meeting intends to vote all available proxies in favour of this resolution. 27 ANNUAL GENERAL MEETING 2020
Slide 28: 4. Re-election of Director – Mr Trent Peterson
4. Re-election of Director – Mr Trent Peterson For personal use only “That Trent Peterson, who retires by rotation in accordance with the Company’s Constitution and ASX Listing Rules 14.4 and 14.5 and, being eligible for election, be elected as a Director of the Company.” 28 ANNUAL GENERAL MEETING 2
Slide 29: 4. Re-election of Director – Mr Trent Peterson proxies
For personal use only 4. Re-election of Director – Mr Trent Peterson Proxies Received # votes % votes For 72,075,944 98.85% Open 130,250 0.18% Against 704,631 0.97% Abstain 3,200 The Chair of the Meeting intends to vote all available proxies in favour of this resolution. 29 ANNUAL GENERAL MEETING 20
Slide 30: 5. Approval of issue of securities to Mr Cameron Fox
5. Approval of issue of securities to Mr Cameron Fox, For personal use only CEO & Managing Director “That for the purposes of the ASX Listing Rule 10.14 and all other purposes, approval is given for the issue to the CEO and Managing Director of the Company, Mr Cameron Fox, of up to 700,000 LTI Share
Slide 31: 5. Approval of issue of securities under Amended LTI Plan proxies
5. Approval of issue of securities under the Amended LTI Plan to Mr Cameron Fox, CEO & Managing Director For personal use only Proxies Received # votes % votes For 64,283,939 92.79% Open 123,060 0.18% Against 4,871,479 7.03% Abstain 217,300 The Chair of the Meeting intends to vote all available prox
Slide 32: 6. Approval of selective buy back of ordinary shares
6. Approval of selective buy back of ordinary shares For personal use only “That, for the purposes of section 257D of the Corporations Act 2001, and for all other purposes, the selective buy-back of 24,603 fully paid ordinary shares from two participants under the Alternative LTI Plan on the terms a
Slide 33: 6. Approval of selective buy back proxies
For personal use only 6. Approval of selective buy back of ordinary shares Proxies Received # votes % votes For 72,170,679 99.01% Open 721,646 0.99% Against 900 0.00% Abstain 20,800 The Chair of the Meeting intends to vote all available proxies in favour of this resolution. 33 ANNUAL GENERAL MEETING
Slide 34: Thank you
For personal use only 34 Thank you
Slide 35: Shaver Shop Group Limited Annual General Meeting
For personal use only Shaver Shop Group Limited Annual General Meeting 28 October 2020
Shaver Shop Group — Shareholder Meeting (October 2020) on 6ix