Slide 1: Leicester depot site visit
FirstGroup First Bus Leicester depot site visit Wednesday 18 October 2023
Slide 2: Agenda
Agenda 1. Welcome & Introduction 2. Leicester City Enhanced Bus Partnership overview 3. First Bus decarbonisation overview 4. Decarbonisation programme delivery 5. Vehicles, engineering and operations 6. Summary 2 18 October 2023 | First Bus Leicester depot site visit
Slide 3: The visit and the team
The visit and the team Agenda FirstGroup team: Welcome & Introductions Graham Sutherland Chief Executive Officer 11:00 Graham Sutherland, CEO Ryan Mangold Chief Financial Officer Leicester City Enhanced Bus Partnership Overview 11:05 Andy Gibbons, Programme Manager Leicester City Council First Bus t
Slide 4: First Bus electrification is key to FirstGroup's journey to net zero
First Bus electrification is key to FirstGroup's journey to net zero We have accelerated our investment in electrification as we progress towards our 2035 decarbonisation target and transform the First Bus business Our strong balance sheet, ownership of our depots and successful bidding for govern
Slide 5: Agenda
Agenda 1. Welcome & Introduction 2. Leicester City Enhanced Bus Partnership overview 3. First Bus decarbonisation overview 4. Decarbonisation programme delivery 5. Vehicles, engineering and operations 6. Summary 5 18 October 2023 | First Bus Leicester depot site visit
Slide 6: Leicester City's Enhanced Bus Partnership Plan
Leicester City’s Enhanced Bus Partnership Plan Successfully delivering an optimised and co-ordinated multi-operator network, with an ambition to make the whole city network electric by 2030 eight-year Enhanced Partnership Plan and three-year funded Scheme launched in May 2022 following extensive c
Slide 7: Our targets are ambitious but realistic
Our targets are ambitious but realistic Our aim is to make bus travel in Leicester electric, frequent, reliable, easy, and great value The Enhanced Bus Partnership Scheme will deliver: a new central bus station an increase in bus use of 25% by 2025 and 40% by 2030 an increase in modal share fr
Slide 8: Making progress against our targets
Making progress against our targets Reliable Great Value Frequent Easy Significant new bus priority Contactless tap-on-tap-off Optimised network: co- St Margarets bus & coach lanes and junctions ticketing with capping, ordinated timetables and station, the first carbon single and multi-opera
Slide 9: Targeting an entirely electric city network by 2030
Targeting an entirely electric city network by 2030 By the end of 2023 over a third of the network will be electric and used by over 50% of passengers c.£60m invested in electric buses and infrastructure to date 116 electric buses will be in operation from four charging depots by the end of 2023
Slide 10: Agenda
Agenda 1. Welcome & Introduction 2. Leicester City Enhanced Bus Partnership overview 3. First Bus decarbonisation overview 4. Decarbonisation programme delivery 5. Vehicles, engineering and operations 6. Summary 10 18 October 2023 | First Bus Leicester depot site visit
Slide 11: First Bus Executive Team
First Bus Executive Team Janette Bell Colin Brown Andrew Jarvis Isabel McAllister Faizan Ahmad Managing Director Chief Financial Officer Chief Operating Officer Chief Sustainability & Decarbonisation Compliance Officer Programme Director 11 18 October 2023 | First Bus Leicester depot site visit
Slide 12: First Bus – a clear strategy on track to deliver medium term 10% target
First Bus – a clear strategy on track to deliver medium term 10% target How we have transformed performance in the past three years Reset of the business portfolio to post-covid demand – routes, depots, businesses and associated management structure Industry-leading digital transformation using
Slide 13: Powering our operational transformation through decarbonisation
Powering our operational transformation through decarbonisation We are building our in-house capabilities to meet our 2035 zero emission fleet target, improve efficiency and unlock adjacent revenue streams Delivering our decarbonisation strategy ...and driving the transformation of engineering and a
Slide 14: Total Cost of Ownership
Total Cost of Ownership Co-funding, strategic partnerships and leveraging operational efficiency gains and adjacent revenue streams remain crucial to bridge the diesel vs. electric total cost of ownership gap Vehicle Battery Charger Software Engineering Consumption Capital Capital cost efficiency fu
Slide 15: Agenda
Agenda 1. Welcome & Introduction 2. Leicester City Enhanced Bus Partnership overview 3. First Bus decarbonisation overview 4. Decarbonisation programme delivery 5. Vehicles, engineering and operations 6. Summary 15 18 October 2023 | First Bus Leicester depot site visit
Slide 16: What is our zero emission mission & how will we achieve it?
What is our zero emission mission & how will we achieve it? We are fully committed to decarbonisation and meeting our Science Based Targets initiative (SBTi) approved Scope 1, 2 and 3 Science Based targets Dedicated zero-emission Science Based Targets buses delivery team & (Scope 1, 2 & 3) template
Slide 17: Decarbonisation transformation: programme delivery
Decarbonisation transformation: programme delivery In-house programme team Decarbonisation Property & Real Policy & Engineering Compliance Finance Networks Delivery Estate Partnerships Excellence Decarbonisation Construction PMs HS&E Security Insurance Procurement Business case / optioneering Power
Slide 18: Electric vehicle, Solar and Advanced Power Purchase projects
Electric vehicle, Solar and Advanced Power Purchase projects We have a UK wide decarbonisation investment programme for our bus fleets and infrastructure First Bus has 51 depots across the UK We have almost 400 electric buses in service across eight sites We have installed solar panels on 21 o
Slide 19: How do we measure success?
How do we measure success? Our KPIs are evolving to capture the benefits for our business and stakeholders as we electrify our fleet and infrastructure Our electric fleet today Future measures of success FY23 FY24 Well-to-wheel CO2e emissions York 33 53 Leeds (Hunslet) 21 21 EV vs diesel mileage Abe
Slide 20: Carbon data capture and reporting
Carbon data capture and reporting We have accurate third party assured data to inform non-financial disclosures and business KPIs Scope 1, 2 and partial 3 data captured centrally and digitally PowerBI dashboard allows us to cut/carve, analyse data and identify trends Improves third party assurance a
Slide 21: Agenda
Agenda 1. Welcome & Introduction 2. Leicester City Enhanced Bus Partnership overview 3. First Bus decarbonisation overview 4. Decarbonisation programme delivery 5. Vehicles, engineering and operations 6. Summary 21 18 October 2023 | First Bus Leicester depot site visit
Slide 22: Almost 15% of our commercial fleet will be electric by March 2024
Almost 15% of our commercial fleet will be electric by March 2024 We are moving at pace, pushing suppliers on price, delivery and product support Using three manufacturers nationwide for the majority of bus deliveries to keep operations simple and keep parts to a minimum Standardising our fleet
Slide 23: Operational excellence and future evolution
Operational excellence and future evolution Training our drivers and planning our operations around our electric fleet Our driver Abubaker Vantra drove our first EV out of Test vehicle delivered early to facilitate Leicester in May 2023 engineering and driver training ahead of bulk deliveries Su
Slide 24: Engineering excellence and future evolution
Engineering excellence and future evolution The electrification of our fleet is resulting in a once-in-a-generation engineering transformation We are developing new in-house skills through upskilling of our engineering team Next generation of telematics are helping us to understand and pinpoint
Slide 25: Team Engagement
Team Engagement We are using fleet electrification to help transform our engagement and culture 25 18 October 2023 | First Bus Leicester depot site visit
Slide 26: What happens when you plug in?
What happens when you plug in? Meter Point Panel board Distribution network High Low Voltage Voltage Sub Sub 26 18 October 2023 | First Bus Leicester depot site visit
Slide 27: The future role of smart charging
The future role of smart charging We are making use of smart charging software to optimise our energy use and increase battery efficiency and battery life There are various ways to optimise charging and energy use and in turn, generate capital savings and adjacent revenue streams: Peak shaving: Bu
Slide 28: Charger infrastructure and telematics
Charger infrastructure and telematics We are making data-driven decisions to driver better performance Operational Dashboard Telematics in action 28 18 October 2023 | First Bus Leicester depot site visit
Slide 29: Third party charging opportunities
Third party charging opportunities Optimising adjacent revenue streams to improve our asset utilisation We have successful pilot schemes running with DPD and various public service providers in Glasgow and Leicester who are paying to use our chargers while our buses are out in service Our charge
Slide 30: Agenda
Agenda 1. Welcome & Introduction 2. Leicester City Enhanced Bus Partnership overview 3. First Bus decarbonisation overview 4. Decarbonisation programme delivery 5. Vehicles, engineering and operations 6. Summary 30 18 October 2023 | First Bus Leicester depot site visit
Slide 31: Summary
Summary We are rapidly establishing ourselves as leaders in decarbonisation, transforming our business and unlocking adjacent revenue streams to create further value for our stakeholders We have reset the First Bus business and significantly improved performance in the past 2-3 years, leaving us o
Slide 32: Important notice
Important notice This presentation includes statements that are, or may be deemed to be, forward-looking statements. These forward-looking statements can be identified by the use of forward-looking terminology, including (but not limited to) the terms anticipates, believes, could, estimates, expects