Bega Cheese Limited · ASX:BGA
Bega Cheese — Shareholder Meeting (March 2021)
13 slides from Bega Cheese's shareholder meeting presentation, Mar 29, 2021
Slide 1: Extraordinary General Meeting
For personal use only Extraordinary General Meeting 29 March 2021 Barry Irvin – Executive Chairman Page 1
Slide 2: Welcome
Welcome For personal use only Shareholders Suppliers PricewaterhouseCoopers Addisons Lawyers Link Market Services Bega Cheese staff Apologies Page 2
Slide 3: Agenda
Agenda For personal use only Financial assistance approval (special resolution) For the purposes of section 260B(2) of the Corporations Act and for all other purposes, approval is given for Bega Dairy and Drinks Pty Ltd ACN 004 486 631 (BDD) and any subsidiaries of BDD, including but not limited t
Slide 4: Lion Dairy & Drinks acquisition
Lion Dairy & Drinks acquisition For personal use only Acquired all of the shares in Lion Dairy & Drinks Pty Ltd for $534 million Acquisition completed 25 January 2021 Bega Cheese became the owner Lion Dairy and Drinks Pty Ltd, its subsidiaries and joint venture interests Names of Lion Dairy
Slide 5: Bega Cheese Group Post LDD Acquisition
Bega Cheese Group Post LDD Acquisition Wholly-owned members of the Australian Group Bega Cheese Limited International entities For personal use only 100% 100% 100% 100% 100% Joint Venture Bega Cheese Peanut Company of Bega Cheese Benefit Bega Dairy and Drinks Tatura Milk Industries Investments Pty A
Slide 6: Syndicated Facilities Agreement
Bega Dairy and Drinks Syndicated Facilities Agreement For personal use only Bega’s main banking facilities are provided under the Syndicated Facilities Agreement, including facilities to fund acquisitions as well as working capital and general corporate purposes Currently the loan facilities are
Slide 7: Syndicated Facilities Agreement
Bega Dairy and Drinks Syndicated Facilities Agreement For personal use only Dairy and Drinks entities are now required to become guarantors and provide security over assets This will be in addition to the existing security provided by Bega Cheese, Tatura Milk Industries and Peanut Company of Aus
Slide 8: Syndicated Facilities Agreement
Bega Dairy and Drinks Syndicated Facilities Agreement For personal use only The banking facilities provided by Bega’s bankers under the Syndicated Facilities Agreement are important to the ongoing operation of the Bega Group As part of the Bega Group, the Dairy and Drinks entities will have the
Slide 9: For personal use only
For personal use only Page 9 Bega Cheese Limited
Slide 10: Voting procedure
Voting procedure For personal use only A poll is being held for this resolution Share registrar Nicholas O’Hagan of Link Market Services Limited will act as Returning Officer in relation to the poll If leaving early, please place voting cards in ballot box Results available on ASX after the
Slide 11: Proxies
Proxies For personal use only Total Votes – 172,102,153 (56.87%) For– 169,384,821 (98.42%) Open– 2,653,883 (1.54%) Against– 63,449 (0.04%) Page 11
Slide 12: For personal use only
For personal use only Page 12
Slide 13: Disclaimer
Disclaimer For personal use only The following disclaimer applies to this presentation and any information provided in this presentation (Information). You are advised to read this disclaimer carefully before reading or making any other use of this presentation or any Information. This presentation