Waypoint Reit Ltd. · ASX:WPR
Waypoint Reit — Shareholder Meeting (May 2025)
20 slides from Waypoint Reit's shareholder meeting presentation, May 12, 2025
Slide 1: Annual General Meeting
Annual General Meeting 12 May 2025 – 10:00am Georgina Lynch – Independent Non-Executive Chair Hadyn Stephens – Managing Director and CEO
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared by Waypoint REIT (“WPR” or Industry data and third party market data the inherent regulatory risks in the business of WPR such forward looking “Waypoint REIT”) which is a stapled entity comprising shares in Waypoint This presentatio
Slide 3: Voting online
Voting online Lodging your votes Click “Get a Voting Card” (top and bottom of platform) Enter your Holder Number and Postcode or your Proxy Number Click “Submit Details and Vote” Fill out your voting card for each item of business Click “Submit Vote” 3
Slide 4: Asking questions online
Asking questions online Asking questions Only Shareholders and Proxyholders are able to ask questions Click on “Ask a Question” Select “General Business” or a specific resolution Type in your question and click “Submit” Comments on resolutions can also be submitted through “Ask a Question” 4
Slide 5: Asking questions by web-phone
Asking questions by web-phone Asking questions Only Shareholders and Proxyholders are able to ask questions Click on “Ask a Question” Select “Go to Web-phone” Click on the green phone button You will now be connected to the meeting. Press *1 to ask a Important when using Web-Phone – please make sure
Slide 6: Agenda
Agenda 1. Chair’s Address 7 2. Business Update 9 3. Formal Business 11 4. Closing Remarks 19 6 Image: Caltex Findon (SA)
Slide 7: Chair's Address
g Director Chair’s Address Georgina Lynch Independent Non-Executive Chair 7 Image: OTR Hope Valley (SA)
Slide 8: FY24 Overview
FY24 Overview Distributable EPS2 5-year CAGR: 2.54% DEPS: 16.48 cents NTA: $2.76 per security 16.48c 16.48c 16.48c 15.81c In line with guidance $0.03 (1.1%) since Dec-23 15.15c 14.54c Portfolio value: $2.80bn Portfolio WACR: 5.72% 401 assets 1 , 99.9% occupancy, 7.1-yr W ALE 4bp since Dec-23 FY1
Slide 9: Business Update
g Director Business Update Hadyn Stephens Managing Director and CEO 9 Image: OTR Kingsford (NSW)
Slide 10: Business Update
Business Update • Viva Energy Australia on track to open between 40 and 60 OTR format stores in 2025 (mix of conversions and new stores) OTR • Most 2025 conversions to be ‘remodels’ (within existing roofline) and concentrated in NSW; average capex of $1.5 million to be funded by Viva Energy Australi
Slide 11: Formal Business
g Director Formal Business Georgina Lynch Independent Non-Executive Chair 11 Image: OTR Hope Valley (SA)
Slide 12: Financial Report, Directors' Report and Auditor's Report
Item 1 Financial Report, Directors’ Report and Auditor’s Report 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 31 December 2024. There is no vote for this item. 12
Slide 13: Adoption of Remuneration Report
Item 2 Adoption of Remuneration Report To consider and, if thought fit, pass the following resolution as an ordinary resolution of the Company: ‘That the Remuneration Report for the year ended 31 December 2024 be adopted.’ Note: The vote on this resolution is advisory only and does not bind the Dire
Slide 14: Re-election of Susan MacDonald as a Director
Item 3 Re-election of Susan MacDonald as a Director To consider and, if thought fit, pass the following resolution as an ordinary resolution of the Company: ‘That Susan MacDonald, being eligible, be elected as a Director of the Company.’ FOR AGAINST OPEN1 ABSTAIN2 420,944,955 13,915,297 622,156 79,8
Slide 15: Election of Gai McGrath as a Director
Item 4 Election of Gai McGrath as a Director To consider and, if thought fit, pass the following resolution as an ordinary resolution of the Company: ‘That Gai McGrath, being eligible, be elected as a Director of the Company.’ FOR AGAINST OPEN1 ABSTAIN2 408,219,508 25,314,261 617,382 1,411,111 94.03
Slide 16: Grant of performance rights to Managing Director and CEO
Item 5 Grant of performance rights and restricted securities rights to the Managing Director and CEO, Hadyn Stephens To consider and, if thought fit, pass the following resolution as an ordinary resolution of the Company and the Trust: ‘That approval be given for the grant of performance rights and
Slide 17: Amendments to the Company Constitution
Item 6 Amendments to the Company Constitution To consider and, if thought fit, pass the following as a special resolution of the Company: ‘That the Constitution of the Company be amended to re-insert the proportional takeover approval provisions in rule 16 of the document tabled at the 2025 Annual G
Slide 18: Amendments to the Trust Constitution
Item 7 Amendments to the Trust Constitution To consider and, if thought fit, pass the following as a special resolution of the Trust: ‘That the Constitution of the Trust be amended to re-insert the proportional takeover approval provisions in clause 17 of the document tabled at the 2025 Annual Gener
Slide 19: Closing Remarks
g Director Closing Remarks Georgina Lynch Independent Chair 19 Image: OTR Strathfield (NSW)
Slide 20: Waypoint REIT
aa a Waye int REIT