Amotiv Limited · ASX:AOV
Amotiv — Shareholder Meeting (October 2024)
32 slides from Amotiv's shareholder meeting presentation, Oct 21, 2024
Slide 1: 2024 Annual General Meeting – Slides
21 October 2024 Manager Company Announcements ASX Limited Level 4, 20 Bridge Street SYDNEY NSW 2000 2024 Annual General Meeting – Slides Attached are the slides to be presented at Amotiv’s 2024 Annual General Meeting today. For inquiries: Anne Mustow Company Secretary The attached document has been
Slide 2: Amotiv (formerly GUD Holdings Limited)
formerly GUD Holdings Limited 1
Slide 3: Board of Directors
Board of Directors Graeme Billings Carole Campbell David Coolidge Jennifer Douglas Independent Non-Executive Director Independent Non-Executive Director Independent Non-Executive Director Independent Non-Executive Director & Chair John Pollaers David Robinson Graeme Whickman Independent Non-Executiv
Slide 4: Questions
Questions Attending in person Attending online To ask a question, select the Q&A icon Select the topic your question relates to from the drop-down list Type your question in the chat box and press the send button To ask a verbal question, follow the instructions below the broadcast window Te
Slide 5: Voting instructions
Voting instructions • When the poll is open, select the ‘Vote’ icon. • Select either For, Against or Abstain. A tick will appear to confirm your vote. • To change your vote, select ‘click here to change your vote‘ and press a different option. Example only 4
Slide 6: Voting
Voting Valid votes have been received representing approximately 67.81% of Amotiv’s issued capital Proxy votes received on each item of business will be shown on the screen Open proxies available to be voted by as Chair of the Meeting, will be cast “For” each of those items on the agenda The
Slide 7: Chair’s Address
J, Amotiv Chair’s Address
Slide 8: Shareholder Value
Shareholder Value Revenue1 NPAT – statutory + 7.7% to + 6.5% to $987.2m $99.8m The Company announced today its EBITA – underlying1 EPSA – underlying + 5.0% to +4.5% to intention to undertake a 12-month on- market share buyback of up to 7,044,734 $194.6m 84.4c AOV shares, representing approximately 5
Slide 9: Sustainability
Sustainability Amotiv Amotiv ESG Impact Areas Health, Safety & Wellbeing The health, safety and wellbeing (HSW) of our people is the top priority in everything we do Ambition Ahealthy and safe workplace committed to zero harm = Energy and « @ Emissions We will act and collaborate to reduce the carbo
Slide 10: Portfolio vision
Portfolio vision 4WD Accessories Lighting, Power Powertrain & Undercar & Trailering & Electrical 9
Slide 11: Board Skills Matrix
Board Skills Matrix Amotiv Strategy and Growth Operational Foundational Strategy and Growth * Strategic and innovative thinking * Mergers and acquisitions Operational * Global automotive industry including EV * Sustainability * Manufacturing and supply chain * Health, safety & wellbeing * Technology
Slide 12: Stock image
Stock image 11 11
Slide 13: Managing Director & Chief Executive Officer’s Address
Managing Director & Chief Executive Officer’s Address 12
Slide 14: New divisional structure - balances resilience and growth
New divisional structure - balances resilience and growth Powertrain and Undercar Lighting, Power and Electrical 4WD Accessories and Trailering Division Division Division 13
Slide 15: Group operating highlights
Group operating highlights1 Safety Employee engagement FY24 Awards LTIFR Better than 72% 76% Above global 7.7 6.6 Safe Work FY23 FY24 average of FY23 FY24 benchmark of 73%3 GPC Auto One 13.2 ‒ Supplier of the Year ‒ Supplier Of The Year: Safety commitment score Group Scope 1 and 2 emissions ‒ Automo
Slide 16: Amotiv Group – Key dimensions and Geographic Footprint
Amotiv Group – Key dimensions and Geographic Footprint Revenue Profile Key Dimensions and Geographic Footprint Revenue profile by Segment (FY23)1 c. 917m c. 1,900 40 16 manufacturing 32% 37% FY23 revenue Employees3 sites sites Powertrain & 4WD Accessories Undercar & Trailering Sweden China 31% South K
Slide 17: Group financial highlights
Group financial highlights1 ‒ Underlying EBITA in line with guidance of “at least $193.5m”, with all segments performing in line with expectations ‒ Revenue includes 5.8% organic growth driven by ongoing strategic diversification into new geographies, categories, products and customers ‒ Underlying EB
Slide 18: FY25 Strategic Imperatives
FY25 Strategic Imperatives 2025 Divisional South Africa Continue to Operational Continue to optimisation Establish build offshore excellence explore Revenue and operation revenue Above industry bolt-ons efficiency averages initiatives 17
Slide 19: Trading Update and Outlook
Trading Update and Outlook Trading Update – Q1 FY25 FY25 outlook Consistent with the update provided at the FY24 result, trading In line with expectations, further growth in Group revenue and conditions remain mixed, reflected in Group Q1 revenue growth of underlying EBITA is expected in FY25 ~3.5% v
Slide 20: MD & CEO Address – photo of employees
MD & CEO Address – slide 8 – (photo of employees) 19 19
Slide 21: Business of Meeting
J, Amotiv Business of Meeting 20
Slide 22: Business of Meeting
Business of Meeting Item 1: Financial Statements and Reports Item 2(a): Election of David Coolidge Item 2(b): Re-election of John Pollaers OAM Item 3: Remuneration Report Item 4: Approval of LTI grant to Managing Director & Chief Executive Officer Item 5: Approval of increase to Non-Executive Director
Slide 23: Item 1 – Financial Statements and Reports
Item 1 – Financial Statements and Reports Financial Statements and Reports “To receive and consider the Financial Report of the Company and its controlled entities and the Reports of the Directors and Auditor for the year ended 30 June 2024.” 22
Slide 24: Item 2(a) – Election of David Coolidge
Item 2(a) – Election of David Coolidge Election of David Coolidge as a non-executive director “That David Coolidge, in accordance with Rule 34(b) of the Company's Constitution, be elected as a Director of the Company." For Open Against 93,215,047 615,125 1,710,642 97.56% 0.65% 1,79% 23
Slide 25: Item 2(b) – Re-election of John Pollaers
Item 2(b) – Re-election of John Pollaers Re-election of John Pollaers OAM as a non-executive director “That John Pollaers OAM, who retires by rotation in accordance with Rule 34(c) of the Company’s Constitution, and, being eligible, be re-elected as a Director of the Company.” For Open Against 82,82
Slide 26: Item 3 - Remuneration Report
Item 3 - Remuneration Report Remuneration Report “That the Remuneration Report for the year ended 30 June 2024 be adopted.” For Open Against 90,734,476 619,217 4,908,010 94.25% 0.65% 5.10% 25
Slide 27: Item 4 – LTIP Grant to Managing Director and CEO
Item 4 – LTIP Grant to Managing Director and CEO Approval of LTIP grant to Managing Director and Chief Executive Officer “That approval be given for all purposes, for the grant of Performance Rights to the Company’s Managing Director and Chief Executive Officer, Mr Graeme Whickman, under the Company’s L
Slide 28: Item 5 – Increase to non-executive director fee cap
Item 5 – Increase to non-executive director fee cap Approval of increase to Non-Executive Director fee cap "That for the purposes of Rule 36 of the Company’s Constitution and ASX Listing Rule 10.17, the maximum aggregate remuneration that may be paid to all the Non-Executive Directors of the Company
Slide 29: Item 6 – Financial Assistance
Item 6 – Financial Assistance Financial Assistance – Caravan Electrical Solutions Pty Ltd "That, for the purpose of Section 260B of the Corporations Act 2001 (Cth) and for all other purposes, approval is given for the financial assistance to be provided by Caravan Electrical Solutions Pty Ltd (being
Slide 30: Questions
Questions Attending in person Attending online To ask a question, select the Q&A icon Select the topic your question relates to from the drop-down list Type your question in the chat box and press the send button To ask a verbal question, follow the instructions below the broadcast window Pl
Slide 31: Close of Voting
Close of Voting Please finalise your votes now Voting is now closed 30
Slide 32: Amotiv Annual General Meeting 2024
Amotiv Annual General Meeting 2024