Genesis Energy Limited · NZX:GNE
Genesis Energy — Shareholder Meeting (September 2020)
22 slides from Genesis Energy's shareholder meeting presentation, Sep 30, 2020
Slide 1: 2020 Annual Shareholder Meeting
2020 Annual Shareholder Meeting 30 September 2020 GENESIS ENERGY LIMITED
Slide 2: Barbara Chapman, Chairman
Barbara Chapman CHAIRMAN
Slide 3: Chair Address, CEO Address, Questions, Resolutions and Voting
1 Chair Address 2 Chief Executive Address 3 Shareholder Questions 4 Resolutions and Voting
Slide 4: Board of Directors
Board of Directors Barbara Chapman Catherine Drayton Doug McKay James Moulder Maury Leyland-Penno Paul Zealand Tim Miles
Slide 5: Supporting our customers during COVID-19
Supporting our customers during COVID-19
Slide 6: Corporate Governance: Board Skills Matrix
Corporate Governance: Board Skills Matrix BARBARA CATHERINE DOUG TIM JAMES MAURY PAUL CHAPMAN DRAYTON MCKAY MILES MOULDER LEYLAND ZEALAND Skill / Capability PENNO Business strategy and leadership experience Listed company governance experience Regulated industry knowledge and experience Government a
Slide 7: Additional Board Activities
Additional Board Activities
Slide 8: Diversity & Inclusion
Diversity & Inclusion - At Genesis we value the contribution of all our people. We believe that diversity makes our organisation stronger, more capable and more innovative. Pay Equity Gap Leadership Progression Gap Total Gender Gap % 50% females Senior When comparing median total hourly wages, women
Slide 9: The Taskforce on Climate-Related Financial Disclosures (TCFD)
The Taskforce on Climate-Related Financial Disclosures (TCFD) 1. We set out a comprehensive risk identification and assessment process over the short, medium and long term. Key strategic considerations: • Building a renewable future Strategy • Transitioning baseload thermal generation to renewables
Slide 10: Marc England, Chief Executive Officer
Marc England CHIEF EXECUTIVE OFFICER
Slide 11: EBITDAF, NPAT and Full Year Dividend
EBITDAF NPAT Full Year Dividend $ m $ m cps Up 1% FY19 $369m (restated) FY19 $59m (restated) . from 17.05cps Underlying earnings Free cash flow Gross Yield $ m $ m $ % FY19 $67m FY19 $178m FY19 6.4%
Slide 12: Future-gen strategy will maximise value as NZ transitions to a low carbon future
Future-gen strategy will maximise value as NZ transitions to a low carbon future Economically displace baseload thermal Enhance the value of our back-up thermal with renewable generation in an increasingly renewable market In FY21 Genesis will commit to a science-based emission reduction target1 Our
Slide 13: New Zealand's emissions profile
New Zealand’s emissions profile Source: Ministry for the Environment, Gross Greenhouse Gas Emissions 2018 (published: April 2020). Note: these figures may not add up to exactly 100% due to rounding
Slide 14: Solving deep energy storage is New Zealand's unique challenge
Solving deep energy storage is New Zealand’s unique challenge There are limited options to store 3,000 GWh of energy for dry years 5 More lake Taupos* 140 Tesla Powerwalls… Per household 25 % 10 80 Of the maximum potential** capacity of m % Of the potential Lake Onslow pumped hydro scheme LPG bottle
Slide 15: Innovation Delivers Sustainable Returns
Innovation Delivers Sustainable Returns Zilch Kenehi @ Wynyard Official Energy partner of Emirates Team NZ Kupe Gas Field EnergyIQ and Ecotracker
Slide 16: With You. For You.
WITH YOU. FOR YOU. genesis
Slide 17: Shareholder Questions
Shareholder Questions
Slide 18: Resolutions and Voting
Resolutions 1 and Voting
Slide 19: Resolution — re-election of Doug McKay
Resolution — reelection of Doug McKay
Slide 20: Resolution — proxy votes received
Resolution — proxy votes received as at 28 September 2020 RESOLUTION VOTE TYPE NUMBER OF VOTES % % OF ALL SECURITIES 1. Election of Doug McKay Votes For 675,817,542 98.97% 64.76% Votes Against 179,809 0.03% 0.02% Discretionary 6,844,802 1.00% 0.66% Board 770,680 0.11% 0.07% Non-board 6,074,122 0.89%
Slide 21: Thank you
Thank you
Slide 22: With You. For You.
WITH YOU. FOR YOU. genesis
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