Grainger Plc · LSE:GRI
Grainger — Shareholder Meeting (February 2022)
11 slides from Grainger's shareholder meeting presentation, Feb 9, 2022
Slide 1: Acceleration into a new phase of growth
Acceleration into a new phase of growth Full Year Financial Results for the year ended 30 September 2021 mc HEADLINE Annual General Meeting 9 February 2022 @ Investing in homes since 1912 grainger plc
Slide 2: Strong lettings momentum signals growth ahead
Originate ff Invest Operate Strong lettings momentum signals growth ahead 1,504 RS homes in FY21 re ot : GATEHOUSE 8,373 Future homes in the pipeli 2.5X vth from pipeli Grainger plc | ww.graingerpieco.uk 2 ‘plc
Slide 3: Robust performance; a growing business
Robust performance; a growing business Rental growth (L4L) Net rental Passing NRI income £70.6m | £81m +1.0% (195) bps Financial highlights: PB Passing net rental income up +15% on reported FY21 net rental income to £81m BP (4Lrental growth of +1.0%, reflecting our focus on retention, 2.0% excl. inc
Slide 4: A socially responsible business
A socially responsible business Taking a leading indust 84% 85% electricity supplies EPC A-C purchased is within PRS renewable portfolio Renting homes, enriching lives Originate ry role in driving responsible business practices 89/100 878 552 WalkScore operational community within our Affordable hom
Slide 5: Lease-up of new homes ahead of expectations
Originate Lease-up of new homes ahead of expectations 2021 marks increased pace in delivery of homes and rent new homes delivered in the year, already 91% let Windlass Apts, Tottenham Hale, The Filaments, Gore Street, Manchester » 276
Slide 6: Significant pipeline driving dynamic growth
Significant pipeline driving dynamic growth Strategic transition accelerating, now two thirds PRS by value FY2]1 OPERATIONAL PORTFOLIO* PIPELINE 9,727 homes, £3.1on 8,373 homes, £1.9bn c.£600m Tf £968m £2,098m Regulated tenancies PRS 2,553 homes 7,174 homes 1304 new homes in FY21 consent for 1,078 h
Slide 7: Passing net rent progression
Passing net rent progression 90% increase in NRI already secured Planning /legals Secured pipeline* £996m, £3479mM TfL:£600m > > => +£24m £178M FY21 FY23 FY25+ Planning Potential Passing NRI* / legals NRI FY21 FY22 FY24 Secured TFL* Reported NRI NRI Strong momentum going into FY22 with £81m of passi
Slide 8: Our Operating Platform differentiates us
Originate Our Operating Platform differentiates us Continual improvement and investment in our platform, which is a key differentiator and bedrock for our market leading position Data insight Digital capability Grainger’s Customer Insight Programme Grainger’s CONNECT technology platform P Customer s
Slide 9: Acquisitions and planning activity
Originate Acquisitions and planning activity 1,174 new acquisitions secured in the year Millwrights, Bristol d Fu Other Projects CONNECTED LIVING LONDON TENERS, | MAYOR OF LONDON | grainger pic * Targeted gross yield on investment once stabilised grainger plc | Grainger ple | www.graingerplecouk 9
Slide 10: Acceleration into a new phase of growth
Acceleration into a new phase of growth PB Strong operational performance and a robust financial performance » Exceptional delivery of over 1,300 new homes P Further pipeline expansion P Strong and supportive market dynamics P Best in class operating platform will deliver compounding earnings growth
Slide 11: Thank you
Thank you @ Investing in homes since 1912 grainger plc