Viva Energy Group Ltd. · ASX:VEA
Viva Energy — Shareholder Meeting (May 2023)
32 slides from Viva Energy's shareholder meeting presentation, May 23, 2023
Slide 1: 2023 Annual General Meeting ASX lodgement
23 May 2023 Market Announcements Office Australian Securities Exchange Electronic lodgement 2023 Annual General Meeting The following materials are to be presented at Viva Energy’s 2023 Annual General Meeting (AGM) being held today: 1. Chairman and CEO Addresses 2. AGM Presentation Authorised for re
Slide 2: Chairman's address
Chairman’s address Good afternoon, and welcome to Viva Energy’s 2023 Annual General Meeting. I am Robert Hill and I am honoured to serve as the Chairman of Viva Energy. It is now just after 3pm Australian Eastern Standard Time. We have a quorum present and I declare this Annual General Meeting of Vi
Slide 3: Chairman's address (continued)
Of course, 2022 was heavily shaped by the impacts from the war in Ukraine and the subsequent disruption to energy markets and broader supply chains due to sanctions on Russia. Throughout this period, Viva Energy has continued to maintain reliable supply of energy to our customers with locally produc
Slide 4: Chairman's address: diesel storage, LNG terminal, hydrogen
We are also making good progress on the construction of an additional 90ML of diesel storage to support the Federal Governments strategic fuel storage agenda, and this year will commence construction of new processing capability to produce ultra low sulphur petrol to support the introduction of lowe
Slide 5: CEO's address
CEO's address Thank you Robert and welcome to all our shareholders and guests with us today. As always I will start with Safety. Our personal safety performance, measured by the total recordable injury rate, showed a small improvement in 2022, but remained elevated relative to historical levels and
Slide 6: CEO's address: convenience and growth strategy
We believe we are buying the best ‘full-service’ convenience operating model in the country and, possibly, one of the best in the world. OTR generates more than 70% of its earnings from convenience sales, compared to Coles Express at less than 40%. Once the OTR acquisition completes, we intend to ex
Slide 7: Annual General Meeting 2023
Annual General Meeting 2023 Helping people reach their destination
Slide 8: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared by Viva Energy Group presentation. All reasonable care has been taken in preparing upon as an indication or guarantee of future performance. Limited, ACN 626 661 032 (“Company” or “Viva Energy”). the information and assumptions cont
Slide 9: How to vote online
How to vote online 1 Click on 2 Enter your Shareholder Number 3 Fill out your voting card Get a Voting Card (SRN/HRN) or Proxy Number and for each item of business on the top and bottom click Submit Details and Vote and click Submit Vote of your screen or Submit Partial Vote ? If you experience any
Slide 10: How to ask questions online
How to ask questions online 1 Click on Ask a Question 2 Select an item of business from the on the top and bottom drop-down menu and type your question of your screen in the space provided. When ready, click on Submit Question ? If you experience any technical difficulties, please call the help line
Slide 11: How to ask phone questions
How to ask phone questions 1 Call 1800 416 188 (within Australia) or +61 2 9189 1107 (outside Australia) and when prompted, enter your unique PIN followed by the hash key. Please mute your computer if you have also joined on the online platform. 2 When the Chairman calls for questions on the resolut
Slide 12: Board of Directors
Board of Directors Robert Hill Scott Wyatt Arnoud De Meyer Sarah Ryan Chairman Chief Executive Officer Independent Non-Executive Director Independent Non-Executive Director Independent Non-Executive Director Executive Director Nicola Wakefield Evans Dat Duong Michael Muller Independent Non-Executive
Slide 13: Chairman's address
Chairman’s address Robert Hill Viva Energy Group Limited Annual General Meeting 2023 7
Slide 14: Chairman's address: key themes
Chairman’s address Energy Performance & Convenience Geelong Security & Capital & Mobility Energy Hub Transition Management advancements Viva Energy Group Limited Annual General Meeting 2023 8
Slide 15: CEO's address
CEO’s address Scott Wyatt Viva Energy Group Limited Annual General Meeting 2023 9
Slide 16: Safety and Environment
Safety and Environment Strong safety culture with 95% of employees responding positively to safety commitment survey Total Recordable Loss of primary Injury Frequency Rate1 Process safety events2 containment (>100KG) 4 3 6.7 29 6.0 24 2 4.6 19 19 3.6 2 1 1 1 FY19 FY20 FY21 FY22 FY19 FY20 FY21 FY22 F
Slide 17: FY2022 Highlights
FY2022 Highlights Record earnings and dividends through period of significant disruption of energy markets Sales volumes EBITDA (RC) Net cash FY2022 dividends +9% +122% $291M 27CPS1 To 14.3BL To $1.1BN +$386M on FY21 +270% on FY21 Retail Commercial Refining Geelong Energy Hub • Retail EBITDA +33% to
Slide 18: Progressing our Transition and Growth Strategy
Progressing our Transition and Growth Strategy Leveraging the diversity in our three increasingly distinct businesses Today Pathway Future Leverage capability to develop Acquire capability to accelerate Outperform in our core businesses new growth pathways proven opportunities • Coles Express acquis
Slide 19: 1Q2023 Trading Update
1Q2023 Trading Update Strong start to 2023 with continued momentum in our core Retail and Commercial businesses Group EBITDA of $293M in 1Q2023, +70% y/y1 1Q2023 Group Results All financials in $M unless noted Change 1Q2023 1Q2022 otherwise (%) (#) • Commercial EBITDA (RC) increased by 65% to $132.7
Slide 20: Formal business
Formal business Robert Hill Viva Energy Group Limited Annual General Meeting 2023 14
Slide 21: Items of business
Items of business 1 Financial Report, Directors’ Report and Auditor’s Report 2 Adopt Remuneration Report 3(a) Re-elect Arnoud De Meyer as a Director of the Company 3(b) Re-elect Michael Muller as a Director of the Company 4 Grant Performance Rights to Scott Wyatt under the Company’s Long Term Incent
Slide 22: Item 1 Financial Report, Directors' Report and Auditor's Report
Item 1 Financial Report, Directors’ Report and Auditor’s Report To consider the Company’s Financial Report, Directors’ Report and Auditor’s Report for the financial year ended 31 December 2022. There is no vote for this Item. Note: PwC has served as the auditor of Viva Energy Group since it was dive
Slide 23: Item 2 Adopt Remuneration Report
Item 2 Adopt Remuneration Report To adopt the Company’s Remuneration Report for the financial year ended 31 December 2022. The vote on this item is advisory only and does not bind the Board or the Company. Viva Energy Group Limited Annual General Meeting 2023 17
Slide 24: Item 2 Adopt Remuneration Report: voting results
Item 2 Adopt Remuneration Report Direct and % of vote proxy votes FOR 1,377,251,711 99.32% AGAINST 8,861,238 0.64% OPEN 592,393 0.04% ABSTAIN 193,680 Viva Energy Group Limited Annual General Meeting 2023 18
Slide 25: Item 3(a) Re-elect Arnoud De Meyer as a Director
Item 3(a) Re-elect Arnoud De Meyer as a Director of the Company Background Appointed as a Director Arnoud De Meyer is a former President of Singapore Management 18 June 2018 University (SMU) and was previously a Professor in Management Studies at the University of Cambridge and Director of Judge Boa
Slide 26: Item 3(a) voting results
Item 3(a) Re-elect Arnoud De Meyer as a Director of the Company Direct and proxy votes % of vote FOR 1,368,217,111 98.07% AGAINST 26,284,503 1.88% OPEN 629,570 0.05% Arnoud De Meyer ABSTAIN 55,999 Independent Non-Executive Director MSc.E, MSc.BA, PhD Management, Hon PhD Viva Energy Group Limited Ann
Slide 27: Item 3(b) Re-elect Michael Muller as a Director
Item 3(b) Re-elect Michael Muller as a Director of the Company Appointed as a Director Background 1 October 2020 Michael Muller joined Vitol in 2018 and is currently the Head of Vitol Asia Pte Ltd and a member of the Vitol Group Board of Directors. Board Committees Prior to his role at Vitol, Mr Mul
Slide 28: Item 3(b) voting results
Item 3(b) Re-elect Michael Muller as a Director of the Company Direct and proxy votes % of vote FOR 1,391,004,238 99.70% AGAINST 3,499,006 0.25% OPEN 629,570 0.05% Michael Muller ABSTAIN 55,999 Non-Executive Director BA (Econ.Geography) Viva Energy Group Limited Annual General Meeting 2023 22
Slide 29: Item 4 Grant Performance Rights to Scott Wyatt
Item 4 Grant Performance Rights to Scott Wyatt under the Company’s Long Term Incentive Plan To approve for all purposes, including ASX Listing Rule 10.14, the grant of 832,892 Performance Rights to Scott Wyatt, the Company’s Chief Executive Officer and Managing Director, under the Company’s Long Ter
Slide 30: Item 4 voting results
Item 4 Grant Performance Rights to Scott Wyatt under the Company’s Long Term Incentive Plan Direct and proxy votes % of vote FOR 1,371,833,861 99.00% AGAINST 13,176,224 0.95% OPEN 631,609 0.05% ABSTAIN 1,428,027 Viva Energy Group Limited Annual General Meeting 2023 24
Slide 31: Thank you
Thank you Please complete your voting Viva Energy Group Limited Annual General Meeting 2023 25
Slide 32: Viva Energy Australia