Arena Reit · ASX:ARF
Arena Reit — Shareholder Meeting (November 2023)
26 slides from Arena Reit's shareholder meeting presentation, Nov 23, 2023
Slide 1: Arena REIT Annual General Meeting
For personal use only Arena REIT ANNUAL GENERAL MEETING 23 November 2023 Better Communities. Together. r Title
Slide 2: Chair's Address
For personal use only Chair’s Address David Ross Better Communities. Together. r Title
Slide 3: Arena Directors
Arena Directors For personal use only • From left: Gareth Winter, Dennis Wildenburg, Helen Thornton, Rob de Vos, Rosemary Hartnett, David Ross. Arena REIT 2023 AGM Better Communities. Together. 23 November 2023 | 33 r Title
Slide 4: Agenda
Agenda For personal use only 05 Hybrid Meeting Instructions 08 Chair’s Address 11 Managing Director’s Report 15 Questions 16 Formal Business 25 Meeting Close Arena REIT acknowledges the traditional custodians of 26 Important Notice the lands on which our business and assets operate, and recognises t
Slide 5: Asking Text Questions Online
Asking Text Questions Online For personal use only • Select the messaging tab. • Type your question in ‘Ask a question’. • Press the arrow symbol to submit your questions. • Select ‘My messages’ to view your submitted message along with any written responses. Arena REIT 2023 AGM Better Communities.
Slide 6: Asking Audio Questions Online
Asking Audio Questions Online For personal use only • Click on the “Request to Speak” button at the bottom of the broadcast window. • Enter the topic of your questions. • Click ‘Submit Request’. • Click ‘Join Queue’ and follow the audio prompts. Arena REIT 2023 AGM Better Communities. Together. 23 N
Slide 7: Voting Online
Voting Online • Select the voting tab. For personal use only • Select your voting preference for each resolutions. Your selected option will change colour. • You can change your vote until the poll is closed. If you wish to cancel your vote, please press cancel. • There is no need to press a submit
Slide 8: Highlights for Full Year 2023
Highlights for Full Year 2023 Facilitating access to essential services which deliver strong community benefits For personal use only • Growth in net operating profit driven by like-for-like contracted Statutory net profit Net operating profit rental increases, acquisitions and development completio
Slide 9: Sustainability
Sustainability Investment proposition and approach drives For personal use only sustainable and commercial outcomes • Sustainability is integral to Arena’s investment approach and best positions Arena to achieve positive long term commercial and community outcomes. • Sustainability outcomes delivere
Slide 10: Delivering on Investment Objective
Delivering on Investment Objective For personal use only Earnings and distributions per security (cents) 17.4 16.817.1 To generate attractive and predictable 16.016.3 distributions to investors with earnings 14.6 14.8 15.2 14.0 growth prospects over the medium to 13.513.8 12.813.1 long term. 12.012.
Slide 11: Managing Director's Report
For personal use only Managing Director’s Report Rob de Vos Better Communities. Together. r Title
Slide 12: Delivering on Strategy
Delivering on Strategy Ongoing strategy discipline and partnership approach For personal use only Portfolio management1 Working in partnership1 Two healthcare properties divested at an Continue to progress solar renewable average premium of 2.4% to 30 June 2022 energy program; currently installed on
Slide 13: Portfolio Overview
Portfolio Overview For personal use only Number of 30 June 2023 Net valuation movement versus 30 30 June 2023 Change versus assets1 valuation June 2022 passing yield 30 June 2022 $m $m % % bps Early learning portfolio 263 1,377 21 +1.6 5.13 +23 Healthcare portfolio 9 139 -4 -2.1 5.37 +35 Total portf
Slide 14: Outlook
Outlook Investment objective To deliver an attractive and predictable distribution to investors with earnings Long term inflation protected income For personal use only growth prospects over the medium to long term. INCOME GROWTH • FY24 distribution guidance of 17.4 cents per security, an increase o
Slide 15: Questions
For personal use only Questions Better Communities. Together. r Title
Slide 16: Formal Business
For personal use only Formal Business Better Communities. Together. r Title
Slide 17: Ordinary Business: Financial Reports
Ordinary Business Financial Reports For personal use only To receive and consider the Financial Report, the Directors’ Report and the Auditor’s Report, each for the financial year ended 30 June 2023. Arena REIT 2023 AGM Better Communities. Together. 23 November 2023 | 17 17 r Title
Slide 18: Resolution 1: Remuneration Report
Ordinary Business Resolution 1: Non-binding advisory vote on the Remuneration Report For personal use only To consider and if thought fit, pass the following as an advisory resolution of the Company: ‘That the Remuneration Report for the financial year ended 30 June 2023 be adopted.’ Proxy Voting Re
Slide 19: Resolution 2: Election of Helen Thornton
Ordinary Business Resolution 2: Election of Ms Helen Thornton as a director of the Company For personal use only To consider and if thought fit, pass the following as an ordinary resolution of the Company: ‘That Ms Helen Thornton, who was appointed as a director by the Board on 15 December 2022 in a
Slide 20: Resolution 3: Re-election of David Ross
Ordinary Business Resolution 3: Re-election of Mr David Ross as a director of the Company For personal use only To consider and if thought fit, pass the following as an ordinary resolution of the Company: ‘That Mr David Ross, who retires by rotation in accordance with ASX Listing Rules 14.4 and 14.5
Slide 21: Resolution 4: Deferred STI Rights to Rob de Vos
Ordinary Business Resolution 4: Grant of Deferred STI Rights to Mr Rob de Vos For personal use only To consider and if thought fit, pass the following resolution as separate ordinary resolutions of the Company and each of the Trusts: ‘That for the purposes of ASX Listing Rule 10.14 and for all other
Slide 22: Resolution 5: Deferred LTI Rights to Rob de Vos
Ordinary Business Resolution 5: Grant of Deferred LTI Performance Rights to Mr Rob de Vos For personal use only To consider and if thought fit, pass the following resolution as separate ordinary resolutions of the Company and each of the Trusts: ‘That for the purposes of ASX Listing Rule 10.14 and f
Slide 23: Resolution 6: Deferred STI Rights to Gareth Winter
Ordinary Business Resolution 6: Grant of Deferred STI Rights to Mr Gareth Winter For personal use only To consider and if thought fit, pass the following resolution as separate ordinary resolutions of the Company and each of the Trusts: ‘That for the purposes of ASX Listing Rule 10.14 and for all ot
Slide 24: Resolution 7: Deferred LTI Rights to Gareth Winter
Ordinary Business Resolution 7: Grant of Deferred LTI Performance Rights to Mr Gareth Winter For personal use only To consider and if thought fit, pass the following resolution as separate ordinary resolutions of the Company and each of the Trusts: ‘That for the purposes of ASX Listing Rule 10.14 an
Slide 25: Meeting Close
For personal use only Meeting Close Better Communities. Together. r Title
Slide 26: Important Notice
Important Notice For personal use only This presentation has been prepared by Arena REIT (Arena) comprising Arena REIT Limited (ACN 602 365 186), Arena REIT Management Limited (ACN 600 069 761 AFSL No. 465754) as responsible entity of Arena REIT No.1 (ARSN 106 891 641) and Arena REIT No.2 (ARSN 101