Lendlease Group · ASX:LLC
Lendlease — Investor Presentation (October 2023)
13 slides from Lendlease's investor presentation, Oct 19, 2023
Slide 1: Lendlease Stakeholder Engagement Presentation
19 October 2023 Lendlease Stakeholder Engagement Presentation Attached is a presentation to be referred to during engagement meetings in October 2023 between Lendlease Chair, Michael Ullmer AO, Lendlease Chair of the People & Culture Committee, Elizabeth Proust AO, and key stakeholders. ENDS FOR FUR
Slide 2: Stakeholder Engagement
Stakeholder Engagement Michael Ullmer, AO Chair, Lendlease Group Elizabeth Proust, AO Chair, People & Culture Committee October 2023 Sydney: Barangaroo
Slide 3: Five year road map
Stakeholder Engagement 2 Five year road map We leverage our integrated business model of Investments, Development Reset Create Thrive and Construction, to manage and create mixed use FY22 FY23 – 24 Targets FY25 – 26+ Targets precincts, communities, civic and social infrastructure. Reset platform for
Slide 4: Transitioning to an Investments-led real estate Group
Stakeholder Engagement 3 Transitioning to an Investments-led real estate Group… …with a simplified, leaner and more focused business, leveraged to a recovery in markets • Simplifying the Group’s businesses with further capital partnering − Processes underway including Communities, Keyton (formerly R
Slide 5: FY23 Result
Stakeholder Engagement 4 FY23 Result Financial performance: Impacted by provisions and market valuations $257m ($232)m Stable 1. Statutory profit adjusted for Investment property revaluations (including in Other financial assets and Core operating1 Profit after Tax Statutory Loss after Tax Financial
Slide 6: FY23 progress – focused on delivering our strategic road map
Stakeholder Engagement 5 FY23 progress – focused on delivering our strategic road map Accelerate funds growth Scale development Execution excellence Investments Development Construction • 9% FUM growth underpinned by: • $7.7b of commencements including One Circular • Working to rebalance risk reward
Slide 7: Health and Safety
Stakeholder Engagement Stakeholder Engagement 6 Health and Safety Our highest priority • A strong safety culture aimed at improving our performance and eliminating incident We report no fatalities for work under Lendlease operational control for FY23. and injury has been at the forefront of our stra
Slide 8: People and Culture
Stakeholder Engagement 7 People and Culture Key areas of focus for the Board and the Committee during FY23 Learning Culture Leadership Careers Learning programs have focused on In FY23, Our Global Engagement Score Succession planning is a continuous We have had a strong focus on developing effective
Slide 9: FY23 Remuneration Snapshot
Investor Engagement 8 Stakeholder Engagement 8 7 FY23 Remuneration Snapshot
Slide 10: FY23 Remuneration Outcomes
Stakeholder Engagement 99 FY23 Remuneration Outcomes Global CEO Short Term Award (STA) Scorecard Looking ahead – FY24 changes In reviewing the performance of the Global CEO against his FY23 STA scorecard, the FY24 Short Term Award (STA) Changes Group did not meet its performance targets for Operatin
Slide 11: Board Skills Matrix
Stakeholder Engagement 10 Board Skills Matrix High calibre membership with an appropriate mix and diversity of skills and experience • The Directors have a mix of local and international experience and expertise, as well as specialised skills to assist with decision making to effectively govern and
Slide 12: Environmental, Social and Governance
Environmental, Social and Governance FY23 key achievements 5 years of 63% global TCFD-aligned 18% reduction in electricity use from $186m of social Launched the Lendlease climate-related gross Scope 1 & 2 renewable sources value created Scope 3 Emissions disclosures emissions against and targeting 1
Slide 13: Progress on our Sustainability Targets
Progress on our Sustainability Targets We want to spark global collaboration to accelerate the pace and scale of decarbonisation across the real estate sector. During discussions at Climate Week NYC 2023, we officially launched the Lendlease Scope 3 Emissions Protocolv.1, following a successful peri
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