Janus Electric Holdings Limited · ASX:JNS
Janus Electric — Shareholder Meeting (November 2021)
25 slides from Janus Electric's shareholder meeting presentation, Nov 25, 2021
Slide 1: 2021 Annual General Meeting
2021 Annual General Meeting 25 November 2021
Slide 2: Meeting Agenda
Meeting Agenda • Chairman’s Introduction • CEO’s Address • Resolutions • Close of Meeting • Questions & Answers • Refreshments • Voting Results released to ASX
Slide 3: Chairman's Introduction
Chairman’s Introduction Boyd White
Slide 4: CEO Presentation
CEO Presentation Greg Watson
Slide 5: Disclaimer
Disclaimer The material in this presentation has been prepared by ReNu Energy Limited (ABN 55 095 006 090) and is general background information about ReNu Energy’s activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete.
Slide 6: Corporate snapshot
Corporate snapshot Overview Board & management Non-executive Chairman Boyd White ASX code: RNE Executive Director Tim Scholefield Shares on issue: 132.8m CEO & Company Secretary Greg Watson Non-executive Director Tony Louka Options on issue: 20.8m Share price and volume (Nov 2020 – Nov 2021) Market
Slide 7: Operational review
Operational review Board & management have accelerated progress • Divested underperforming assets • Repaid all debt and reset cost base • Abandoned wells and addressed geothermal legacy November 2021 • Set and implemented new strategy October 2021 Announced third investment, 100% September 2021 acqu
Slide 8: FY21 financial results
FY21 financial results Metric 2021 ($) 2020 ($) Movement ($) Operating costs (1,434,623) (4,570,328) 3,135,705 Total Group EBITDA (1,087,646) (2,514,809) 1,427,163 Loss after tax (1,001,885) (4,507,591) 3,505,706 Earnings per share (0.75) (3.74) 2.99 Cash 2,468,210 2,448,803 (19,407) Potential tax b
Slide 9: ReNu Energy's incubator and accelerator strategy
ReNu Energy’s incubator and accelerator strategy One of the only ASX listed renewable and clean energy incubator/accelerator companies Focused on acquiring strategic stakes and nurturing renewable and clean energy technologies and projects Adding value to shareholders through asset revaluation, movi
Slide 10: Strong sector tailwinds
Strong sector tailwinds Global new investments in clean energy Record equity raised by clean energy companies in H12021 – total of $28.2Bn, a 509% increase on 2020 In Australia renewable energy accounts for 27.7% of total power generation in 2020 Large scale renewable energy projects in Australia ac
Slide 11: A defined strategy to unlock value
A defined strategy to unlock value Key investment criteria: • Investee companies must have access to a large addressable market • Pre-money valuation that allows ReNu to take a meaningful initial stake (>5%) and within its financial capacity • Option for ReNu to increase participation after the inve
Slide 12: Rigorous investment and due diligence process
Rigorous investment and due diligence process Phase one: Phase three: Phase five: • Initial approach – proactive and • Detailed DD (may include expert • Transaction documentation reactive opportunities reports) • Announce transaction & • Determine if strategic fit • Non-binding terms sheet or invest
Slide 13: Investing in Australian ingenuity
Investing in Australian ingenuity November 2021 investment September 2021 investment July 2021 investment Focused on originating green hydrogen Enosi’s PowerTracer is an Energy as a Commercialising a patented, micro- projects to provide sustainable, emissions- Service (EaaS) software renewable energ
Slide 14: Looking ahead
Looking ahead Advancing as a renewable and clean energy incubator/ accelerator with a defined strategy to drive growth • Second tranche investment in Enosi ✓ End of November 2021 • Completion of Countrywide Renewable Hydrogen acquisition ✓ Targeting January 2021 ✓ Gain considerable experience of CRH
Slide 15: Supplementary slides
cor Supplementary slides
Slide 16: Countrywide Renewable Hydrogen
Countrywide Renewable Hydrogen Investment secured in November 2021 Australian company that originates green hydrogen projects to develop them in collaboration with project partners and governments Provides ReNu Energy access to: • Growing green hydrogen industry through three Australian onshore gree
Slide 17: Enosi
Enosi Investment secured in September 2021 Enosi has developed the PowerTracer – a first of its kind grid scale, renewable energy tracing and trading solution PowerTracer provides full traceability allowing consumers to see where energy is generated Platform matches units of energy produced by gener
Slide 18: Uniflow Power
Uniflow Power Investment secured in June 2021 Focused on commercialising the Cobber – an Australian invented micro renewable energy generator powered by agricultural waste, other biomass or solar thermal Designed for production of ~4.5kW electrical power and 20kW thermal energy – with potential to d
Slide 19: Each opportunity fits our criteria
Each opportunity fits our criteria Susan Oliver AM (Chair) – 25+ years in global companies including serving on the Investment Committee for IFM investors. Awarded an Order of Australia for services to business and women. Geoffrey Drucker (MD) – Company founder with extensive expertise in the renewa
Slide 20: Each opportunity fits our criteria (cont.)
Each opportunity fits our criteria (cont.) Michael McCann – Lifetime involvement in technology Steve Hoy (CEO) – former Global Smart Grid Systems Leader development - has worked on core technology underpinning at IBM. 35+ years energy and technology experience the Cobber since founding Uniflow Bill
Slide 21: RNE Board & Management
RNE Board & Management Non-executive Chairman – Mr Boyd White Mr White has an accomplished record in the energy, infrastructure and mining sectors. He has over 30 years of business experience and brings strong strategic, commercial, M&A, financing and entrepreneurial skills to the ReNu Energy Board.
Slide 22: Proposed Incoming Directors
Proposed Incoming Directors The acquisition of Countrywide Renewable Hydrogen provides for a strengthened Board CRH Non-executive Chair, Ms Susan Oliver AM to become Non-executive Director Ms Oliver AM has extensive Board and governance experience with ASX-listed companies and also serves on the Inv
Slide 23: Understanding terminology
Understanding terminology • Renewable – sources that can replenish themselves e.g., solar, wind, geothermal, biomass, hydro • Clean – renewable, zero carbon or carbon reduction e.g., nuclear, Carbon Capture and Storage (CCS), bioenergy, technologies that reduce or support to reduce CO2 emissions • G
Slide 24: Contact
Contact P: +61 7 2102 3654 E: info@renuenergy.com.au W: www.renuenergy.com.au A: Corporate House, Kings Row 1, Level 2, 52 McDougall Street, Milton QLD, 4064 Australia
Slide 25: Thank you
ReNu ENERGY Thank you
Janus Electric Holdings — Shareholder Meeting (November 2021) on 6ix