Ampol Limited · ASX:ALD
Ampol — Shareholder Meeting (May 2021)
35 slides from Ampol's shareholder meeting presentation, May 13, 2021
Slide 1: 2021 Annual General Meeting Addresses and Presentation
Ampol Limited ACN 004 201 307 For personal use only ASX Release 2021 Annual General Meeting Addresses and Presentation Authorised for release by: the Disclosure Officers of Ampol Limited Thursday, 13 May 2021 Investor contact Media contact Dale Koenders Richard Baker Head of investor relations Head
Slide 2: Addresses: Chairman's welcome and meeting procedures
AMPOL LIMITED ANNUAL GENERAL MEETING 2021 For personal use only ADDRESSES Good morning and welcome to the 2021 Annual General Meeting of Ampol Limited. We would like to begin by acknowledging the Traditional Owners of the land on which we meet today, the Gadigal people of the Eora nation and pay our
Slide 3: Chairman's introductions and board changes
You may do this at any time during the meeting once the poll has been opened. You can also change your vote at any point, up until the poll is declared closed at the conclusion of the meeting. For personal use only Let me start the meeting today with some introductions. With me on stage is our Manag
Slide 4: Chairman's review of 2020 performance
summary of trading performance over the first four months of the year and our focus for the remainder of this year. For personal use only I will now provide my review of 2020 performance. Ampol delivered a resilient financial result in 2020 in a challenging operating environment. Ongoing government
Slide 5: Chairman's address continued: retail and safety
operations were also achieved, with the extension of our international storage program and the opening of our Houston Trading and Shipping office. For personal use only These milestones support opportunities for further expansion into new geographies, products and services over the medium to long te
Slide 6: CEO address
Thank you Chairman and good morning everyone. For personal use only I am honoured to have been appointed last year to lead this great Australian company. Ampol has a rich history here in Australia and our track record of delivering for shareholders, customers and communities remains at the heart of
Slide 7: First quarter 2021 trading update
Late last month Ampol updated the market on trading conditions and performance in the first quarter of 2021. For personal use only On a replacement cost of sales basis, Ampol’s earnings before interest and tax (EBIT) for the first quarter was a pleasing $150 million, up from $122 million in the four
Slide 8: Lytton review and earnings growth outlook
The review of Lytton refinery, to determine the best path forward to maximise value for shareholders, is well progressed and will complete by the end of the second quarter of 2021. For personal use only Ampol continues to engage constructively with the Government on a potential support package. Unde
Slide 9: CEO closing thanks
I would also like to extend my thanks to all of our employees for their persistent efforts to deliver for customers, shareholders and communities during a very challenging 2020, which sets up Ampol to For personal use only successfully execute on its strategy in 2021 and in the years ahead. 8 of 8
Slide 10: For personal use only
Ampol Limited 2021 Annual General Meeting For personal use only Ampol Limited 2021 Annual General Meeting
Slide 11: Acknowledgement of Country
Acknowledgement of Country For personal use only Ampol Limited 2021 Annual General Meeting 2
Slide 12: How to ask questions
For personal use only How to ask questions 1 2 3 4 Click the Q&A icon Compose Select the Your question will This will appear at the top of your question send icon be sent immediately the app when the question function is available Click in the ‘Ask a question’ box, and type your question for review
Slide 13: Board of Directors and Company Secretary
Board of Directors and Company Secretary For personal use only Steven Gregg Matthew Halliday Mark Chellew Melinda Conrad Michael Abbott Chairman Managing Director and CEO Non-executive Director Non-executive Director Company Secretary Michael Ihlein Gary Smith Barbara Ward AM Penny Winn Non-executiv
Slide 14: Ampol Leadership Team
Ampol Leadership Team For personal use only Matt Halliday Joanne Taylor Brent Merrick Andrew Brewer Managing Director & CEO Executive General Manager Retail, Executive General Manager Commercial Executive General Manager Infrastructure Brand and Culture Jeff Etherington Alan Stuart-Grant Michael Abb
Slide 15: Address from the Chairman
Address from the Chairman For personal use only Steven Gregg Chairman Ampol Limited 2021 Annual General Meeting 6
Slide 16: Executing our growth strategies
Executing our growth strategies Performance of integrated For personal use only business in 2020 impacted by pandemic Performance in 2020 Action taken to mitigate Executing strategic initiatives Creating value COVID-19 impacts for shareholders – Australian volumes down – Constant focus on safety – C
Slide 17: Safety and people
Safety and people For personal use only Fuels and Infrastructure Personal safety Convenience Retail personal safety and spills personal safety – Fuels and Infrastructure performance driven by targeted personal safety improvement plans; continued excellence in process safety and spills performance –
Slide 18: Managing Director and CEO Address
Managing Director and CEO Address For personal use only Matt Halliday Managing Director & CEO Ampol Limited 2021 Annual General Meeting 9
Slide 19: Delivering on our promises
Delivering on our promises For personal use only Initiatives Progress Core company-operated network Proposed IPO of 49% interest Charter Hall consortium acquired 49% interest for $682 million Improve our Non-core sites Optimise network 58 marginal sites closed or transferred to alternate operator ne
Slide 20: First quarter trading update
First quarter trading update For personal use only Ampol Limited 2021 Annual General Meeting 11
Slide 21: Looking ahead
Looking ahead For personal use only Ampol Limited 2021 Annual General Meeting 12
Slide 22: General questions
General questions For personal use only 1. Click the Q&A icon This will appear at the top of the app when the question function is available 2. Compose our question Click in the ‘Ask a question’ box, and type your question 3. Select the send icon 4. Your question will be sent immediately for review
Slide 23: Items of business
Items of business For personal use only 1. Consideration of Reports 2. Remuneration Report 3. (a) Re-election of Mark Chellew as an independent non-executive Director 3. (b) Election of Michael Ihlein as an independent non-executive Director 3. (c) Election of Gary Smith as an independent non-execut
Slide 24: Remuneration Report
Remuneration Report For personal use only Ampol Limited 2021 Annual General Meeting 16 15
Slide 25: Remuneration Report proxy votes
Remuneration Report Proxy votes For personal use only For 170,052,877 96.74% Against 5,208,182 2.96% Open 526,333 0.30% Abstain 5,989,752 Ampol Limited 2021 Annual General Meeting 16 17
Slide 26: Re-election of Mark Chellew
Re-election of Mark Chellew For personal use only Date of Appointment 2 April 2018 Board Committees Safety and Sustainability Committee, Human Resources Committee and Nomination Committee – Chairman of Cleanaway Waste Management Limited – Previously served as Chairman of Manufacturing Australia and
Slide 27: Re-election of Mark Chellew proxy votes
Re-election of Mark Chellew Proxy votes For personal use only For 176,996,123 97.44% Against 4,129,167 2.27% Open 527,750 0.29% Abstain 124,104 Ampol Limited 2021 Annual General Meeting 18
Slide 28: Election of Michael Ihlein
Election of Michael Ihlein For personal use only Date of Appointment 1 June 2020 Board Committees Audit Committee (Chairman), Nomination Committee and Safety & Sustainability Committee – Director of Scentre Group, CSR Limited, Inghams Group Limited and Kilfinan Australia Ltd – Previously served as C
Slide 29: Election of Michael Ihlein proxy votes
Election of Michael Ihlein Proxy votes For personal use only For 173,013,060 95.25% Against 8,108,292 4.46% Open 527,850 0.29% Abstain 127,942 Ampol Limited 2021 Annual General Meeting 20
Slide 30: Election of Gary Smith
Election of Gary Smith For personal use only Date of Appointment 1 June 2020 Board Committees Human Resources Committee, Nomination Committee and Safety & Sustainability Committee – 40 years of experience in the oil and gas industry across Australia and overseas, including 20 years with Shell – Prev
Slide 31: Election of Gary Smith proxy votes
Election of Gary Smith Proxy votes For personal use only For 177,827,517 97.91% Against 3,275,401 1.80% Open 527,561 0.29% Abstain 146,665 Ampol Limited 2021 Annual General Meeting 22
Slide 32: Grant of 2021 Performance Rights to the Managing Director and CEO
Grant of 2021 Performance Rights to the Managing Director and CEO For personal use only Ampol Limited 2021 Annual General Meeting 24 23
Slide 33: Performance Rights grant proxy votes
Grant of 2021 Performance Rights to the Managing Director and CEO For personal use only Proxy votes For 178,317,597 98.22% Against 2,725,365 1.50% Open 516,653 0.28% Abstain 217,529 Ampol Limited 2021 Annual General Meeting 25 24
Slide 34: For personal use only
Ampol Limited 2021 Annual General Meeting For personal use only Ampol Limited 2021 Annual General Meeting 25
Slide 35: Australia's Own
Australia’s Own For personal use only Ampol Limited 2021 Annual General Meeting