Downer Edi Limited · ASX:DOW

Downer Edi — Downer Group — Shareholder Meeting (November 2023)

14 slides from Downer Edi's shareholder meeting presentation, Nov 22, 2023

  1. Slide 1: Annual General Meeting

    Annual General Meeting Downer Group 22 November 2023 4

  2. Slide 2: Chairman's address

    Mark Menhinnitt Chairman’s address 2023 DOWNER GROUP ANNUAL GENERAL M EETING 5

  3. Slide 3: CEO's report

    Peter Tompkins CEO’s report 2023 DOWNER GROUP ANNUAL GENERAL M EETING 6

  4. Slide 4: Business improvement update

    Business improvement update Reset operating model and cost base – Targeting >$100m cost out  $100m cost out remains on track by end of FY24  Commenced planning for next phase of cost out program  Trans-Tasman operating model in place since 1 July, and running to plan  Culture reset – new Purpose

  5. Slide 5: Trading update

    Trading update Improvement in October YTD EBITA1 versus prior period 1H24 impacted by run-off of low margin contracts and timing of Utilities recovery Targeting EBITA margin % improvement in FY24 towards management target of >4.5% in FY25 Integrated Australia and NZ operating model giving better vis

  6. Slide 6: Poll procedure

    Robert Regan Poll procedure 2023 DOWNER GROUP ANNUAL GENERAL M EETING 9

  7. Slide 7: Financial Report, Directors' Report and Independent Auditor's Report

    Financial Report, Directors’ Report and Independent Auditor’s Report Item 1 The Financial Report, Directors’ Report and the Independent Auditor’s Report are now open for discussion. There is no requirement for shareholders to approve these reports. Accordingly, item number one is for discussion only

  8. Slide 8: Election of Directors – Steven MacDonald

    Election of Directors Item 2A – Steven MacDonald “That Steven MacDonald who was appointed as an Independent Non-executive Director of the Company, effective 1 September 2023, in accordance with Rule 3.3 of the Company’s Constitution and being eligible, is elected as a Non-executive Director of Downe

  9. Slide 9: Election of Directors – Sheridan Broadbent

    Election of Directors Item 2B – Sheridan Broadbent “That Sheridan Broadbent who was appointed as an Independent Non-executive Director of the Company, effective 2 October 2023, in accordance with Rule 3.3 of the Company’s Constitution and being eligible, is elected as a Non-executive Director of Dow

  10. Slide 10: Remuneration Report

    Remuneration Report Item 3 “That the Remuneration Report for the year ended 30 June 2023 be adopted.” Proxies received in relation to this item are displayed on the screen. Open – Item For Against Abstain useable Voted (No. shares) 507,885,833 46,901,198 166,089 579,748 % of voted shares 91.45 8.44

  11. Slide 11: Managing Director's LTI for 2023

    Managing Director’s LTI for 2023 Item 4A – Approval for 2023 “That approval is given to the grant of performance rights pursuant to the Company’s LTI Plan and the acquisition of shares on vesting by issue or by transfer as the Managing Director’s long-term incentive for 2023 on the basis described i

  12. Slide 12: Managing Director's LTI for 2024

    Managing Director’s LTI for 2024 Item 4B – Approval for 2024 “That approval is given to the grant of performance rights pursuant to the Company’s LTI Plan and the acquisition of shares on vesting by issue or by transfer as the Managing Director’s long-term incentive for 2024 on the basis described i

  13. Slide 13: Polls

    Polls 2023 DOWNER GROUP ANNUAL GENERAL M EETING 16

  14. Slide 14: Slide 14

Downer Group — Shareholder Meeting (November 2023) on 6ix