Shaver Shop Group Limited · ASX:SSG
Shaver Shop — Shareholder Meeting (November 2024)
25 slides from Shaver Shop's shareholder meeting presentation, Nov 14, 2024
Slide 1: 2024 Annual General Meeting Presentation
TRANSFORM YOURSELF For personal use only 2024 Annual General Meeting Presentation 1
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER This management presentation (“Presentation”) has been prepared by Shaver Shop Group Limited ACN 150 747 649 (“Shaver Shop”) and contains general background information about Shaver Shop, its subsidiaries and their activities which is current at the date of this Prese
Slide 3: Contents
CONTENTS 01 02 For personal use only Chair’s Address CEO & MD’s Address 03 Items of Business 04 General Questions 3 3
Slide 4: Chair's Address
For personal use only 01 Chair’s Address 4
Slide 5: Shaver Shop's Board of Directors
SHAVER SHOP’S BOARD OF DIRECTORS Brodie Arnhold, Chair Cameron Fox, MD & CEO For personal use only Trent Peterson Craig Mathieson Debra Singh Independent, non-executive directors Executive director AGM PRESENTATION 5
Slide 6: Shaver Shop Snapshot
SHAVER SHOP SNAPSHOT Founded in 1986 Market leader in Trusted and respected growth sector For personal use only specialty retail brand with high DIY grooming, personal care, hair AU brand awareness of 87% - and beauty appliances for men Highly differentiated model and women – focussed on with lack o
Slide 7: Shaver Shop Growth Drivers
SHAVER SHOP GROWTH DRIVERS Store For personal use only Network 3 Key Growth Strategies Optimisation Range Expansion (category creep into adjacencies, product innovation) Strategic Category Management (Exclusives, leadership in range breadth and depth, private brand) Conservative balance sheet and pr
Slide 8: Closing Share Price Since IPO
For personal use only 0 0.20 0.40 0.60 0.80 1.00 1.20 1.40 1.60 Jul 16 Sep 16 Nov 16 Jan 17 Mar 17 May 17 Jul 17 Sep 17 Nov 17 Jan 18 Mar 18 May 18 Jul 18 Sep 18 Nov 18 Jan 19 Mar 19 May 19 Jul 19 Sep 19 Nov 19 Jan 20 Mar 20 May 20 Jul 20 Sep 20 Nov 20 Jan 21 Mar 21 Closing share price ($) May 21 Ju
Slide 9: MD & CEO Address
For personal use only 02 MD & CEO Address 9
Slide 10: FY24 Highlights
FY24 HIGHLIGHTS Solid financial and operational metrics For personal use only Sales down 2.3% to Net profit after tax Operating cashflow up $1.9m to 219m 15.1m 34.1m Online sales % of total sales Dividends consistent with NPS score (out of 100) FY23 at 23% 10.2 cps 89 10
Slide 11: FY25 Key Priorities
FY25 KEY PRIORITIES Our key priorities are clear with For personal use only significant progress made in first 4 months of FY25 • Successfully launched new Transform U brand • Product hitting stores now • Leverage new Skull Shaver 5-year exclusive distribution agreement • Exceeding sales expectation
Slide 12: Private Brand Update
PRIVATE BRAND UPDATE For personal use only ON TRACK WITH PRE-XMAS LAUNCH • New Transform U branded products fill gaps in Shaver Shop’s range at various price points • Leverages our deep domain knowledge of customer wants and needs • Products have been tested extensively and meet customer appetite fo
Slide 13: Trading Update and Outlook
TRADING UPDATE AND OUTLOOK For personal use only Trading Update • Sales results for the period from 1 July 2024 to 31 October 2024 (YTD) are set out in the table below: 1 July 24 to 31 Oct 24 (YTD) vs FY24 YTD Total sales growth -1.3% Like for like sales growth -1.0% • YTD in-store sales are flat on
Slide 14: Items of Business
03 Items of business For personal use only 14
Slide 15: 1. Annual Financial Report
1. Annual financial report For personal use only “To receive and consider the Financial Report, Directors’ Report and Auditor’s Report of the Company and its controlled entities for the financial year ended 30 June 2024.” There is no vote on this item of business 15
Slide 16: 2. Adoption of Remuneration Report
2. Adoption of Remuneration Report For personal use only “That the Remuneration Report (which forms part of the Directors’ Report in respect of the financial year ended 30 June 2024 be adopted.” 16
Slide 17: 2. Adoption of Remuneration Report - Voting Results
2. Adoption of Remuneration Report For personal use only Voting Results Proxies Received # votes % votes For 18,867,060 54.80% Open 14,916,314 43.33% Against 645,014 1.87% Abstain1 76,600 The Chair of the Meeting intends to vote all available proxies in favour of this resolution. 1 Abstain votes are
Slide 18: 3. Re-election of Director - Mr Craig Mathieson
3. Re-election of director – Mr Craig Mathieson For personal use only “That, for the purpose of clause 67 of the Company’s Constitution, ASX Listing Rule 14.4 and for all other purposes, Mr Craig Mathieson, retires by rotation, and being eligible for re-election, be re-elected as a Director of the C
Slide 19: 3. Re-election of Director - Voting Results
3. Re-election of director – Mr Craig Mathieson For personal use only Voting Results Proxies Received # votes % votes For 24,747,372 61.69% Open 14,975,954 37.33% Against 393,171 0.98% Abstain1 77,811 The Chair of the Meeting intends to vote all available proxies in favour of this resolution. 1 Abst
Slide 20: 4. Approval of Issue of Securities to CEO & MD
4. Approval of issue of securities to CEO & MD For personal use only “That for the purposes of the ASX Listing Rule 10.14 and for all other purposes, approval is given for the issue to the CEO and Managing Director of the Company, Mr Cameron Fox, of up to 420,000 Performance Share Rights as a long-t
Slide 21: 4. Approval of Issue of Securities - Voting Results
4. Approval of issue of securities to CEO & MD For personal use only Voting Results Proxies Received # votes % votes For 19,961,660 55.74% Open 14,913,444 41.64% Against 939,712 2.62% Abstain1 58,300 The Chair of the Meeting intends to vote all available proxies in favour of this resolution. 1 Absta
Slide 22: 5. Change of Auditor
5. Change of auditor For personal use only “Subject to the Australian Securities and Investments Commission (ASIC) consenting to the resignation of PricewaterhouseCoopers as auditor of the Company pursuant to section 329 of the Corporations Act 2001 (Cth), that pursuant to section 327B of the Corpor
Slide 23: 5. Change of Auditor - Voting Results
5. Change of auditor For personal use only Voting Results Proxies Received # votes % votes For 24,713,654 62.11% Open 14,980,023 37.65% Against 95,843 0.24% Abstain1 404,788 The Chair of the Meeting intends to vote all available proxies in favour of this resolution. 1 Abstain votes are provided for
Slide 24: General Business Questions
04 General business questions For personal use only 24
Slide 25: Thank You
For personal use only THANK YOU 25
Shaver Shop Group — Shareholder Meeting (November 2024) on 6ix