Eqt Holdings Ltd. · ASX:EQT
Eqt — Shareholder Meeting (October 2019)
24 slides from Eqt's shareholder meeting presentation, Oct 25, 2019
Slide 1: EQT Holdings ASX Announcement: AGM Presentation to Shareholders
. EQT HOLDINGS LIMITED @ Equity Trustees ASX ANNOUNCEMENT 25 October 2019 AGM PRESENTATION TO SHAREHOLDERS Attached is an extract of the slide presentation to be presented to shareholders at the EQT Holdings Limited 2019 Annual General meeting today. An audio recording of the address by the Chairman
Slide 2: Annual General Meeting
ANNUAL GENERAL MEETING The Hon Jeffrey G Kennett AC, Chairman Mick O'Brien, Managing Director EQT Holdings Limited 25 OCTOBER 2019
Slide 3: Chairman: The Hon Jeffrey G Kennett AC
ANNUAL GENERAL MEETING THE HON JEFFREY G KENNETT AC CHAIRMAN
Slide 4: Board of Directors
BOARD OF DIRECTORS ® THE HON JEFFREY G KENNETT AC Chairman at; im a he ae ALICE JM WILLIAMS ANNE M O’DONNELL KEVINJELEY D.GLENN SEDGWICK JAMES MINTO TIM HAMMON MICK O'BRIEN Independent Independent Independent Independent Independent Independent Managing Director Director Director Director Director D
Slide 5: Agenda
AGENDA @ (1) CHAIRMAN'S ADDRESS (2) MANAGING DIRECTOR’S ADDRESS (3) ITEMS OF BUSINESS (4)
Slide 6: Chairman: The Hon Jeffrey G Kennett AC
ANNUAL GENERAL MEETING THE HON JEFFREY G KENNETT AC CHAIRMAN
Slide 7: Managing Director: Mick O'Brien
ANNUAL GENERAL MEETING MICK O'BRIEN MANAGING DIRECTOR
Slide 8: Leadership Team
LEADERSHIP TEAM a, MICK O’ BRIEN Managing Director ud » 1 | a A PHILIP GENTRY SHARNI REDENBACH HARVEY KALMAN IAN WESTLEY Chief Financial Officer Executive General Executive General Executive General & Chief Operating Officer Manager, Manager, Corporate Manager, Trustee Services & TWS Private Clients
Slide 9: To Be Australia's Leading Trustee Company
TO BE AUSTRALIA’S LEADING TRUSTEE COMPANY CLEAR STRATEGY - (8)
Slide 10: Strong FY19 Results
STRONG FY19 RESULTS + Net profit up 12.7% to $22.2m + Revenue up 4.6% * Disciplined expense management - increase 2.4% + Basic earnings per share up 11.7% to 108.6 cents * Total dividend for the year 90 cents, up 9.8% (9)
Slide 11: Consistent Improvement in Performance
CONSISTENT IMPROVEMENT IN PERFORMANCE @ TOTAL REVENUE $92.5M NPBT $31.3M 95 - 35 + 28.7 30 90 8 25 85 —— 20 18.9 79.9 80 15 10 75 5 70 ° FY16 FY17 FY18 FY19 FY16 FY17 FY18 FY19 108.6cenrs 90 cents EARNINGS PER SHARE DIVIDENDS 120 1086 100 100 973 80 50 ~" 80 - 77.0 60 60 40 40 20 20 0 FY16 FY17 FY18
Slide 12: FUMAS Now Exceeds $100B
FUMAS NOW EXCEEDS $100B 25 TWS FUMAS** 217 FY16 FYI7 FY18 FYI9 YALYVNO isk 01 Oct 19 $b 90 CTS FUS* FYI6FYI7 Note: Excludes Ukllreland client FUS FY18 FYI9 q 19) c B a] m Ee) 01 Oct 19 @ FUMAS up significantly in both Trustee and Wealth Services (TWS) and Corporate Trustee Services (CTS) Appointment
Slide 13: Trustee and Wealth Services Highlights
TRUSTEE AND WEALTH SERVICES HIGHLIGHTS @ * 10 new perpetual * Acquired Zurich Australia Superannuation Pty Ltd charitable trusts and FUS $1.1b living donors * CommlInsure appointment increased FUS by * 10 new compensation ~$4.5b as at 1 Oct 2019 trusts FUMAS INCREASE — 4 funds * 2 new Indigenous tru
Slide 14: Corporate Trustee Services Highlights
CORPORATE TRUSTEE SERVICES HIGHLIGHTS @ nen we [pResorsoance taxis acre | + Appointment as Trustee to CMLA, funds totalling ~$10.5b effective 1 Oct 2019 — 28 funds * Third Listed Investment Trust (LIT) Partners Group listed in Sept $550m * Total LIT FUM now exceeds $1.8b Appointed as authorised comp
Slide 15: Delivering for All Stakeholders
DELIVERING FOR ALL STAKEHOLDERS TI IMPROVING CLIENT SATISFACTION T3 GROWING SHAREHOLDER VALUE T2 LIFTING EMPLOYEE ENGAGEMENT T4 DEEPENING COMMUNITY IMPACT @ MEASUREMENT 11 Net promoter score Net loyalty score T2 Engaged and enabled staff T3 Earnings per share growth and FUMAS growth T4 Granting and
Slide 16: Client Satisfaction: Financial Services Average
• • Financial Services Average ***
Slide 17: T2 - Lifting Employee Engagement
T2 - LIFTING EMPLOYEE ENGAGEMENT EMPLOYEE ENGAGEMENT 80 HP Norm (74)* Sion ——— — 60 40 2016 2017 2018 2019 * High Performing Norm ** Financial Services Norm EMPLOYEE ENABLEMENT 80 = HP Norm(73) a = FS Norm (69) 60 40 2016 2017 2018 2019 @ a TRAINING i) COLLABORATION 7 WORK, STRUCTURE AND PROCESS 16
Slide 18: T3 - Growing Shareholder Value
T3 - GROWING SHAREHOLDER VALUE @ EARNINGS PER SHARE DIVIDENDS Cents Cents 120 100 108.6 90.0 973 *» 820 * Consistent lift in 00 80 earnings per share 68.0 71.0 and dividends 77.0 70 i 80 - 67.0 60 * Dividend payout + }Oy 6 50 ratio of 82.9% 40 40 30 20 20 10 0 . FY16 FY17 FY18 FY19 FY16 FY17 FY18 FY
Slide 19: T4 - Deepening Community Impact
T4 - DEEPENING COMMUNITY IMPACT @ $m GRANTING CHARITABLE TRUSTS BY GRANT TYPE 130 124.3 Annual granting program to ~3,000 110 beneficiaries * 450+ hours 87.2 90 a volunteer leave 70 76.2 66.5 50 Jun-17 Jun-18 Jun-19 ™ Granting from = Granting from = Ageing & Aged Care * Animals & Environment testame
Slide 20: Substantial Lift in Financial Performance
SUBSTANTIAL LIFT IN FINANCIAL PERFORMANCE @ + NPAT, revenue, earnings per share and dividend all higher * Disciplined expense management * Strong operating cash flow * Margins increased despite volatile markets + Acquisitions, partnerships delivering * Continuing strong performance in changing envir
Slide 21: * Estimate of first full year only
• • • • • • • • * Estimate of first full year only 20
Slide 22: Thank You
ANNUAL GENERAL MEETING THANK YOU
Slide 23: Disclaimer
DISCLAIMER @ This presentation was prepared by EQT Holdings Limited (ABN 22 607 797 615) and is only provided for information purposes. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. To the maximum extent
Slide 24: Trust. It's Our Business
ANNUAL GENERAL MEETING TRUST. IT’S OUR BUSINESS