Hansen Technologies Limited · ASX:HSN
Hansen Technologies — Shareholder Meeting (November 2022)
27 slides from Hansen Technologies's shareholder meeting presentation, Nov 24, 2022
Slide 1: Annual General Meeting 2022
ANNUAL GENERAL MEETING 2022 24 November 2022
Slide 2: Important Notice
IMPORTANT NOTICE This presentation has been prepared by Hansen Technologies Limited (Hansen) Information contained in this presentation: Definitions: • Is intended to be general background information only, • FY21= financial year ended 30 June 2021 and is not intended that it be relied upon as advic
Slide 3: Board of Directors & Company Secretary
BOARD OF DIRECTORS & COMPANY SECRETARY Outlined below are the Hansen Board of Directors and the Company Secretary. Details of each Director’s qualifications, experience and special responsibilities are set out in the 2022 Annual Report. David Trude Andrew Hansen Bruce Adams David Osborne Chairman Ma
Slide 4: Agenda
AGENDA 1. Chairman’s Address 2. CEO Presentation 3. FY23 and Beyond 4. Formal Business 5. Q&A 4 AGM 2022 Presentation
Slide 5: Chairman's Address
CHAIRMAN’S ADDRESS 5 AGM 2022 Presentation
Slide 6: FY22 Financial Summary
FY22 FINANCIAL SUMMARY Revenue1 Underlying EBITDA1 Underlying NPATA1 $296.5m $100.3m $58.2m 3.4% 1.1% 6.2% Adjusted EPSa1,3 Dividend Net Debt5 29.0¢ 12.0¢ 7¢ interim paid4 + 5¢ final $28.8m 5.4% 20.0% 56.7% Notes: 1.These metrics are presented after adjusting the FY21 full year result for the impact
Slide 7: FY22 Financial Overview
FY22 FINANCIAL OVERVIEW Outperforming our Small Ords Index Robust Financials and Returns EPSa Growth up 70% since 2019 Consistent free cash flow has delivered an improved return to shareholders over the same period. Debt Levels down $122m since 2019 A strong balance sheet places the business in a gr
Slide 8: CEO Address
CEO ADDRESS 8 AGM 2022 Presentation
Slide 9: FY22 Key Initiatives & Progress
FY22 KEY INITIATIVES & PROGRESS 1 Closed the largest new logo in Hansen's history 2 Won significant tendered business from Tier One competitors 3 Expanded our Global footprint and workforce 4 Rapidly paid down debt and 'reset' our balance sheet 5 Strengthened our Executive leadership team and added
Slide 10: Strong Performance Despite Headwinds
STRONG PERFORMANCE DESPITE HEADWINDS Revenue ($M)1 Underlying EBITDA2 ($M) Underlying NPATA3 ($M) 1.1% 5.4% 3.4% 21.0 18.3 99.2 100.3 54.8 58.2 85.7 46.9 66.7 63.1 38.7 33.7 49.7 51.0 28.6 28.0 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY16 FY17 FY18 FY19 FY20 FY21 FY22 • After adjusting for Telefonica rev
Slide 11: Continued Positive Cash Generation
CONTINUED POSITIVE CASH GENERATION EPSa1 (Cents) Net Debt2 ($M) DPS (Cents) 5.4% 9.2 2.0 2.0 5.0 5.0 1.0 1.0 29.0 -56.7% 5.0 27.5 151.4 3.0 3.0 3.0 3.0 23.9 16.6 19.8 17.1 116.5 15.6 5.0 5.0 66.6 3.0 3.0 3.0 3.0 3.0 28.8 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY19 FY20 FY21 FY22 FY16 FY17 FY18 FY19 FY20
Slide 12: A Resilient Company Delivering on a Global Scale
A RESILIENT COMPANY DELIVERING ON A GLOBAL SCALE Regions and number of staff 1,600+ Total FTE 600+ Customers (Tier 1 & 2) Canada UK & Nordics 80+ Ireland 54 171 252 Countries Europe 113 India USA 160 379 China Japan, 1 Revenue by vertical 27 Mexico, 1 Vietnam 169 50.3% 49.7% Australia Brazil, 7 179
Slide 13: FY22 Was a Year of Significant Progress
FY22 WAS A YEAR OF SIGNIFICANT PROGRESS Sustained success with new logos and existing customer expansion New logo wins, product expansion and renewals Exelon, the largest utility provider in America, was the largest win on record ($25m USD) Energy Queensland signed a $45m upgrade with our CIS platfo
Slide 14: FY22 Was a Year of Significant Progress
FY22 WAS A YEAR OF SIGNIFICANT PROGRESS Expanded our global footprint to meet the demands of our clients and opportunities We added depth to our strong and We expanded our talent centers in India, We implemented permanent hybrid way experienced Hansen bench to ensure Vietnam and Argentina by circa 2
Slide 15: FY22 Was a Year of Significant Progress
FY22 WAS A YEAR OF SIGNIFICANT PROGRESS Continued investment in our people, communities and the environment to ensure we have the most sustainable and purposeful way forward To mark our 50 years of business, FY22 saw formalisation of our Carbon offsets purchased conceived 50 Acts of Impact Designed
Slide 16: FY23 and Beyond
FY23 AND BEYOND Our Outlook 16 AGM 2022 Presentation
Slide 17: FY23 and Beyond
FY23 AND BEYOND Our outlook remains robust during a challenging global period • With more opportunities coming to • We are founder-led, we treat market our dedicated M+A Team is shareholder money like it's our own, FY23 Revenue busy assessing those that have the because it is 3-5% potential to deplo
Slide 18: Formal Business
FORMAL BUSINESS Shareholder Resolutions 18 AGM 2022 Presentation
Slide 19: Consideration of Accounts and Reports
CONSIDERATION OF ACCOUNTS AND REPORTS To table the financial report of the Company and its controlled entities and the related reports of the Directors and Auditors for the year ended 30 June 2022 and to provide members with the opportunity to raise any issues or ask any questions generally of the D
Slide 20: Resolution 1: Adoption of Directors' Remuneration Report
RESOLUTION 1: ADOPTION OF DIRECTORS’ REMUNERATION REPORT In accordance with the requirements of the Corporations Act, adopt the Remuneration Report for the year ended 30 June 2022 as it appears in the Directors’ Report within the Annual Report 2022. Proxy Votes received FOR OPEN1 AGAINST ABSTAIN 86,
Slide 21: Resolution 2: Re-election of Mr Bruce Adams
RESOLUTION 2: RE-ELECTION OF MR BRUCE ADAMS That Mr Bruce Adams, a Director retiring in accordance with the Company’s Constitution and being eligible and having signified his candidature for Office, be and is hereby re-elected a Director of the Company. Proxy Votes received FOR OPEN1 AGAINST ABSTAIN
Slide 22: Resolution 3: Election of Ms Lisa Pendlebury
RESOLUTION 3: ELECTION OF MS LISA PENDLEBURY That Ms Lisa Pendlebury, a Director appointed by the Board effective from 1 March 2022 until this annual general meeting of the Company in accordance with the Company’s Constitution and being eligible and having signified her candidature for Office, be an
Slide 23: Resolution 4: Grant of Performance Rights to CEO
RESOLUTION 4: GRANT OF PERFORMANCE RIGHTS TO CEO / MANAGING DIRECTOR MR ANDREW HANSEN FOR THE FINANCIAL YEAR ENDING 30 JUNE 2023 That for the purposes of Listing Rule 10.14 and for all other purposes, Shareholders approve the grant of 141,714 Performance Rights to Mr Andrew Hansen under the Hansen T
Slide 24: Resolution 5: Non-Executive Directors' Remuneration
RESOLUTION 5: NON-EXECUTIVE DIRECTORS’ REMUNERATION That for the purposes of Listing Rule 10.17 the maximum aggregate amount of remuneration to be paid to all non-executive Directors in any financial year be increased from $750,000 to $780,000 per annum. Proxy Votes received FOR OPEN1 AGAINST ABSTAI
Slide 25: Resolution 6: Re-adoption of the Performance Rights Plan
RESOLUTION 6: RE-ADOPTION ON THE PERFORMANCE RIGHTS PLAN That for the purposes of Listing Rule 7.2 (Exception 13(b)) and for all other purposes, Shareholders approve the re-adoption of the Company’s incentive scheme titled ‘Hansen Technologies Limited Incentive Performance Rights Plan’, on the terms
Slide 26: Q&A
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Slide 27: Thank You
THANK YOU mANSEN
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