Bhp Group Ltd · ASX:BHP
Bhp — BHP Billiton — Shareholder Meeting (November 2016)
45 slides from Bhp's shareholder meeting presentation, Nov 17, 2016
Slide 1: BHP Billiton Limited Annual General Meeting 2016
For personal use only BHP Billiton Limited Annual General Meeting 2016
Slide 2: Disclaimer: Forward-looking statements
Disclaimer For personal use only Forward-looking statements This presentation contains forward-looking statements, which may include statements regarding: trends in commodity prices and currency exchange rates; demand for commodities; plans, strategies and objectives of management; closure or divest
Slide 3: Chairman Jac Nasser
For personal use only Chairman Jac Nasser
Slide 4: Welcome to Country
Welcome to Country For personal use only BHP Billiton Limited Annual General Meeting 17 November 2016 4
Slide 5: Brisbane, Australia
For personal use only Brisbane, Australia
Slide 6: Significant contribution to Queensland
Significant contribution to Queensland For personal use only Total taxes and royalty payments Contribution to local economy >A$450 million1 A$3.4 billion2 Our Queensland workforce Purchase of goods and services ~5,300 employees From 1,500 local companies 1. Taxes and royalty payments to Queensland G
Slide 7: Supporting the Queensland community
Supporting the Queensland community For personal use only Working to protect and restore Raine Island and the Great Barrier Reef Image by Gary Cranitch, Queensland Museum BHP Billiton Limited Annual General Meeting 17 November 2016 7
Slide 8: Chairman Jac Nasser
For personal use only Chairman Jac Nasser
Slide 9: Escondida, Chile
For personal use only Escondida, Chile
Slide 10: Samarco
Samarco For personal use only BHP Billiton Limited Annual General Meeting 17 November 2016 10
Slide 11: Samarco
Samarco For personal use only BHP Billiton Limited Annual General Meeting 17 November 2016 11
Slide 12: Delivering on our commitments
Delivering on our commitments For personal use only External investigation Published the findings Shared with other resource companies Non-operated minerals joint ventures Reviewed the governance structures Centralised responsibilities Designing a new global standard Tailings dams Reviewed and confi
Slide 13: Samarco
Samarco For personal use only BHP Billiton Limited Annual General Meeting 17 November 2016 13
Slide 14: Solid performance in a challenging year
Solid performance in a challenging year For personal use only Cost Unit cash costs across the Group down 16% from FY151 Financial Underlying EBITDA of US$12.3 billion; Underlying EBITDA margin of 41% results Underlying attributable profit of US$1.2 billion; Attributable loss of US$6.4 billion Cash N
Slide 15: Shenzi, Gulf of Mexico
For personal use only Shenzi, Gulf of Mexico
Slide 16: FY2016 dividend per share
FY2016 dividend per share For personal use only Dividends determined (Australian cents per share)1 45.0 30.0 24.0 15.0 8.0 16.0 15.9 10.6 5.3 0.0 H1 FY2016 H2 FY2016 FY2016 Minimum 50% payout Additional amount 1. In line with capital allocation framework. BHP Billiton Limited Annual General Meeting
Slide 17: Ken MacKenzie
Ken MacKenzie For personal use only BHP Billiton Limited Annual General Meeting 17 November 2016 17
Slide 18: John Schubert
John Schubert For personal use only BHP Billiton Limited Annual General Meeting 17 November 2016 18
Slide 19: An extraordinary decade
An extraordinary decade For personal use only Iron ore Coal Petroleum Copper BHP Billiton Limited Annual General Meeting 17 November 2016 19
Slide 20: Neptune, Gulf of Mexico
For personal use only Neptune, Gulf of Mexico
Slide 21: For personal use only
For personal use only
Slide 22: Chairman Jac Nasser
For personal use only Chairman Jac Nasser
Slide 23: BHP Billiton Limited Annual General Meeting 2016
For personal use only BHP Billiton Limited Annual General Meeting 2016
Slide 24: Andrew Mackenzie, Chief Executive Officer
For personal use only Andrew Mackenzie Chief Executive Officer
Slide 25: Daunia, Queensland
For personal use only Daunia, Queensland
Slide 26: Executive Leadership Team present today
Executive Leadership Team present today For personal use only Arnoud Balhuizen Peter Beaven Geoff Healy Mike Henry Diane Jurgens President Marketing and Supply Chief Financial Officer Chief External Affairs Officer President Operations, Chief Technology Officer Minerals Australia Daniel Malchuk Stev
Slide 27: Olympic Dam, South Australia
For personal use only Olympic Dam, South Australia
Slide 28: Samarco
Samarco For personal use only BHP Billiton Limited Annual General Meeting 17 November 2016 28
Slide 29: Safety must come first
Safety must come first For personal use only Total recordable injury frequency at operated sites (number of recordable injuries per million hours worked1,2) FY12 FY13 FY14 FY15 FY16 4.3 0 2 4 6 1. Includes data for continuing and discontinued operations for the financial years being reported. 2. Inc
Slide 30: For personal use only
personal use only 4 OW FP! | bhpbilliton
Slide 31: FY2016 Financial performance
FY2016 Financial performance Underlying EBITDA margin1 For personal use only Attributable (loss)/profit 41 per cent US$(6.4) billion Iron Ore Coal Petroleum Copper 1. Excludes third party trading activities. BHP Billiton Limited Annual General Meeting 17 November 2016 31
Slide 32: Further productivity and reduced unit costs in FY2016
Further productivity and reduced unit costs in FY2016 For personal use only Productivity gains Overall cost reduction US$437 million 16 per cent 1 Iron Ore Coal Petroleum Copper Western Australia Iron Record production at Drilling times improved Olympic Dam produced Ore record production five out of
Slide 33: Additional low-cost capacity
Additional low-cost capacity For personal use only Los Colorados New Jimblebar Extension capacity by approved December Spence Olympic Dam Recovery on track for Optimisation 230 ktpa by ramping up 2021 Queensland Launched gas Coal increased hedging plant and program to equipment monetise utilisation
Slide 34: New Operating Model
New Operating Model For personal use only Core operated Non-operated Additional Australia Minerals WA Iron Ore Queensland NSW Energy Olympic Nickel West Coal Coal Dam Americas Minerals Escondida Pampa Norte Jansen Antamina Cerrejón Samarco New Mexico Coal Petroleum Onshore US Conventional Atlantis M
Slide 35: Capital allocation framework
Capital allocation framework For personal use only Maintain safe and stable operations Maintain balance sheet strength through the cycle Pay shareholders a minimum of 50% of Underlying attributable profit as dividends Direct surplus cash to maximise value and returns Direct surplus cash to maximise
Slide 36: Future value
Future value For personal use only Increase volume by up to 4% (excluding shale)1 Deliver a further US$1.8 billion in productivity gains1 Invest US$5.4 billion in capital and exploration expenditure1 Increase free cash flow from assets 1. Forecast FY2017. BHP Billiton Limited Annual General Meeting
Slide 37: Nelson Point, Western Australia
For personal use only Nelson Point, Western Australia
Slide 38: Inclusion and diversity is part of Our Charter
Inclusion and diversity is part of Our Charter For personal use only We are successful when: Our teams are inclusive and diverse. BHP Billiton Limited Annual General Meeting 17 November 2016 38
Slide 39: Our contribution
Our contribution For personal use only BHP Billiton Limited Annual General Meeting 17 November 2016 39
Slide 40: Total economic contribution in Australia
Total economic contribution in Australia For personal use only US$8.0b 1 US$2.4b 3 3 22 US$2.5b US$2.5b US$45.6m = US$15.5b 1. Community contribution includes cash and administrative costs (US$45.6 million) and excludes spend by BHP Billiton charities. 2. The total economic contribution made during
Slide 41: Discover our view of the world
For personal use only Discover our view of the world Read Prospects, BHP Billiton’s new blog >
Slide 42: For personal use only
For personal use only
Slide 43: Dean Dalla Valle
Dean Dalla Valle For personal use only BHP Billiton Limited Annual General Meeting 17 November 2016 43
Slide 44: Jac Nasser
Jac Nasser For personal use only BHP Billiton Limited Annual General Meeting 17 November 2016 44
Slide 45: For personal use only
\ —= e s) 34 S 3 @ = — bhpbilliton