G8 Education Limited · ASX:GEM
G8 Education — Shareholder Meeting (May 2024)
32 slides from G8 Education's shareholder meeting presentation, May 7, 2024
Slide 1: 2024 AGM – Chair's and Managing Director's Addresses & Presentation
ASX Announcement G8 Education Limited (ASX:GEM) 7 May 2024 Market Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam For personal use only 2024 AGM – CHAIR’S AND MANAGING DIRECTOR’S ADDRESSES & PRESENTATION Attached are the following documents to be presented at G8 Educ
Slide 2: 2024 AGM – Chair's Address
ASX Announcement G8 Education Limited (ASX:GEM) 2024 AGM – CHAIR’S ADDRESS Debra Singh Good morning everyone and welcome to G8 Education’s 2024 AGM. I would like to begin by acknowledging the Jagera people and the Turrbal people as the Traditional Custodians of Meanjin (Brisbane), the lands on which
Slide 3: Chair's Address: sector environment and family experience
ASX Announcement G8 Education Limited (ASX:GEM) The Board has great confidence in his disciplined approach to executing the strategy and achieving positive outcomes that benefit all our stakeholders, which was clearly delivered in CY 2023 with solid earnings recovery underpinned by improved operatio
Slide 4: Chair's Address: ESG commitment and Reconciliation Action Plan
ASX Announcement G8 Education Limited (ASX:GEM) Our ESG commitment reflects our dedication to fostering positive change and contributing meaningfully to a sustainable and inclusive future. One of our goals this year was the development of our inaugural Reconciliation Action Plan (RAP) which was endo
Slide 5: Wage remediation and class action update
ASX Announcement G8 Education Limited (ASX:GEM) I’d now like to provide a brief update on our employee wage remediation program. This is well progressed with over 95% of team members having been fully remediated, and an outreach and advertising process continuing to connect with the remaining former
Slide 6: Current macro environment
ASX Announcement G8 Education Limited (ASX:GEM) Current macro environment The long term outlook of the sector in our view remains positive with continued bipartisan government support towards universal access to early childhood, economic benefits of increased female work participation and net growth
Slide 7: Team retention and occupancy results
ASX Announcement G8 Education Limited (ASX:GEM) I’m pleased to report, we’re already delivering early results that will achieve a stable and capable team, delivering high quality service every day, better educational programs for children, and an improved experience for families, children and our st
Slide 8: Looking ahead: fit core and thanks to shareholders
ASX Announcement G8 Education Limited (ASX:GEM) Looking ahead, the Group will continue to be purpose led and pursue its strategic objectives by focusing initially on a “fit core”, where G8 demonstrates improved operational execution including disciplined capital allocation framework, focus on optimi
Slide 9: 2024 Annual General Meeting Proxy Voting Results
2024 ANNUAL GENERAL MEETING PROXY VOTING RESULTS RESOLUTION VOTES FOR VOTES AGAINST VOTES OPEN TOTAL ABSTAIN Resolution 1 557,229,361 66,989,104 975,218 625,193,683 397,772 Remuneration Report 89.13% 10.71% 0.16% 77.23% of issued capital 34 holders For personal use only 150 holders 180 holders 66 ho
Slide 10: Annual General Meeting
ANNUAL GENERAL MEETING G8 Education Limited (ASX:GEM) | 7 May 2024 For personal use only
Slide 11: Disclaimer
DISCLAIMER For personal use only The material in this presentation has been prepared by G8 Education Limited (G8) and is general background information about G8’s activities current as at the date of this presentation. The presentation does not purport to be complete and should be read in conjunctio
Slide 12: For personal use only
For personal use only
Slide 13: Board of Directors
G8 EDUCATION BOARD OF DIRECTORS For personal use only Debra Singh Pejman Okhovat Julie Cogin Chair & Non-Executive Director Managing Director & CEO Non-Executive Director David Foster Antonia Thornton Peter Trimble Margaret Zabel Non-Executive Director Non-Executive Director Non-Executive Director N
Slide 14: Chair's Address
For personal use only CHAIR’S ADDRESS
Slide 15: Managing Director & CEO's Address
For personal use only MANAGING DIRECTOR & CEO’S ADDRESS
Slide 16: Procedural Matters
For personal use only PROCEDURAL MATTERS
Slide 17: How to Ask Questions
HOW TO ASK QUESTIONS For personal use only 1. Click “Ask a Question” 2. Select the item of business from the drop-down menu and type your question in the space provided 3. Once you have typed your question, click “Submit Question”
Slide 18: How to Vote
HOW TO VOTE For personal use only 1. Click “Get a Voting Card” 2. Enter your Shareholder Number (SRN/HIN) or Proxy Number and click “Submit Details and Vote” 3. Fill out your voting card for each item of business 4. Click “Submit Vote” or “Submit Partial Vote”
Slide 19: Business of Meeting
For personal use only BUSINESS OF MEETING
Slide 20: Item – Annual Reports
ITEM 1 – ANNUAL REPORTS For personal use only To receive and consider the Company’s Annual Financial Report, Directors’ Report and Auditors’ Report for the financial year ended 31 December 2023. There is no vote on this item.
Slide 21: Resolution – Remuneration Report
RESOLUTION 1 – REMUNERATION REPORT For personal use only To consider and, if thought fit, pass the following resolution as a non-binding ordinary resolution in accordance with section 250R(2) of the Corporations Act 2001 (Cth) (Corporations Act): ‘That the Remuneration Report for the year ended 31 D
Slide 22: Resolution – Remuneration Report: vote results
RESOLUTION 1 – REMUNERATION REPORT For personal use only Votes For 557,229,361 89.13%1 (150 holders) Votes Against 66,989,104 10.71% (180 holders) Open Proxies held by the Chair 801,176 0.13% (to be voted at Chair’s Discretion) Open Proxies held by other Proxy-holders 174,042 0.03% (to be voted at t
Slide 23: Resolution – Re-election of a Director – Margaret Zabel
RESOLUTION 2 – RE-ELECTION OF A DIRECTOR – MARGARET ZABEL For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: ‘That Ms Margaret Zabel who, having been re-elected on 19 May 2021 as a Director in accordance with the Company’s constitution,
Slide 24: Re-election of Margaret Zabel: vote results
RESOLUTION 2 – RE-ELECTION OF A DIRECTOR - MARGARET ZABEL For personal use only Votes For 621,591,654 99.36%1 (260 holders) Votes Against 3,076,557 0.49% (78 holders) Open Proxies held by the Chair 770,157 0.12% (to be voted at Chair’s Discretion) Open Proxies held by other Proxy-holders 174,042 0.0
Slide 25: Resolution – Re-election of a Director – Toni Thornton
RESOLUTION 3 – RE-ELECTION OF A DIRECTOR – TONI THORNTON For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That Ms Antonia Thornton who, having been re-elected on 27 April 2022 as a Director in accordance with the Company’s constituti
Slide 26: Re-election of Toni Thornton: vote results
RESOLUTION 3 – RE-ELECTION OF A DIRECTOR – TONI THORNTON For personal use only Votes For 622,561,429 99.51%1 (264 holders) Votes Against 2,136,485 0.34% (74 holders) Open Proxies held by the Chair 746,157 0.12% (to be voted at Chair’s Discretion) Open Proxies held by other Proxy-holders 174,042 0.03
Slide 27: Resolution – Increase in the Non-Executive Director Fee Cap
RESOLUTION 4 – INCREASE IN THE NON-EXECUTIVE DIRECTOR FEE CAP For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: ‘‘That, for the purpose of Listing Rule 10.17, Article 50(a) of the Company's Constitution and for all other purposes, the
Slide 28: Increase in Non-Executive Director Fee Cap: vote results
RESOLUTION 4 – INCREASE IN THE NON-EXECUTIVE DIRECTOR FEE CAP For personal use only Votes For 618,403,755 99.12%1 (88 holders) Votes Against 4,597,884 0.74% (243 holders) Open Proxies held by the Chair 741,719 0.12% (to be voted at Chair’s Discretion) Open Proxies held by other Proxy-holders 174,042
Slide 29: Resolution – Issue of Performance Rights to CEO and Managing Director
RESOLUTION 5 – ISSUE OF PERFORMANCE RIGHTS TO CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That approval be given: (a) for the purposes of Listing Rule 10.14 and for all other purpose
Slide 30: Performance Rights to CEO: vote results
RESOLUTION 5 – ISSUE OF PERFORMANCE RIGHTS TO CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR For personal use only Votes For 622,068,696 99.49%1 Votes Against 2,250,608 0.36% Open Proxies held by the Chair 780,166 0.12% (to be voted at Chair’s Discretion) Open Proxies held by other Proxy-holders 174,
Slide 31: How to Vote
HOW TO VOTE For personal use only 1. Click “Get a Voting Card” 2. Enter your Shareholder Number (SRN/HIN) or Proxy Number and click “Submit Details and Vote” 3. Fill out your voting card for each item of business 4. Click “Submit Vote” or “Submit Partial Vote”
Slide 32: Annual General Meeting
ANNUAL GENERAL MEETING G8 Education Limited (ASX:GEM) | 7 May 2024 For personal use only