G8 Education Limited · ASX:GEM
G8 Education — Shareholder Meeting (May 2016)
21 slides from G8 Education's shareholder meeting presentation, May 25, 2016
Slide 1: Annual General Meeting
For personal use only Annual General Meeting G8 Education Limited (ASX:GEM) 25 May 2016
Slide 2: Chairman's Address
For personal use only 2 CHAIRMAN’S ADDRESS
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only Key Financial Highlights CY15 Capital Structure Underlyi ng EBIT $145.4m Ful ly Pa id Ordinary Shares (current) 376.9m Sha re Price (as at 24 Ma y 2016) $3.84 Li ke For Like Centre Orga nic EBIT Growth $8.3m Ma rket Ca pitalisation (as a t 3 Feb 2016) $1.45bn
Slide 4: Mission Statement
Mission Statement For personal use only G8’s key strategic objective is to be the leading provider of high quality, developmental and education childcare services in both Australia and Singapore. By building and operating a portfolio of outstanding early childhood education brands, focusing on the i
Slide 5: Group Centre Portfolio
Group Centre Portfolio For personal use only Centre Portfolio Australian centres Singapore centres • The Group added 44 new centres and 13,697 licensed places in 2015 18 • Disciplined consolidation in high demand areas continues to be our focus 18 • As at 31 Dec 2015 the Group owned 471 centres in A
Slide 6: Track Record of Financial Performance
Track Record of Financial Performance For personal use only Total Revenue (A$m) EBITDA (A$m) and EBITDA margin (A$m) 21.9% 25.0% 200 21.4% 18.9% 19.6% 706 17.8% 155 20.0% 150 11.9% 491 15.0% 105 100 275 10.0% 143 180 54 50 32 5.0% 67 8 27 0 0.0% FY10 FY11 FY12 FY13 FY14 FY15 FY10 FY11 FY12 FY13 FY14
Slide 7: Key appointments since December 2015
Key appointments since 31 December 2015 For personal use only • Chief Financial Officer – Gary Carroll who will join us from Super Retail Group where he was part of the executive leadership team for ten years and Chief Financial Officer for six years • Non executive Director – David Foster who joine
Slide 8: Ordinary Business
For personal use only 8 ORDINARY BUSINESS
Slide 9: Financial Statements and Reports
Financial Statements and Reports For personal use only To receive and consider the Company’s Financial Report, the Directors’ Report and the Auditor’s Report for the period ended 31 December 2015. There is no vote on this item of business. 9
Slide 10: Results of Proxy Votes
Results of Proxy Votes For personal use only Votes For Votes Against Chairman Others Votes Abstain Discretion Proxies Discretion Resolution 1 - 197,602,665 71,561 3,215,475 414,614 63,446 Re-election of Mr Mark Graham Johnson Resolution 2 - 195,055,862 2,606,900 3,215,475 414,614 74,910 Re-election
Slide 11: 1 – Re-election of a Director: Mark Graham Johnson
Resolution 1– Re-election of a Director Mark Graham Johnson For personal use only Votes For 197,602,665 Votes Against 71,561 Open Proxies held by the Chairman (to be voted at Chairman’s Discretion) 3,215,475 Open Proxies held by other Proxy-holders (to be voted at that Proxy holder’s discretion 414,
Slide 12: 1 – Re-election of a Director: Mark Graham Johnson
Resolution 1– Re-election of a Director Mark Graham Johnson For personal use only The Company seeks members’ consideration and if thought fit passage of the following resolution as an ordinary resolution: ‘That Mr Mark Graham Johnson, having been appointed on 1 January 2016 as a Director (and Chairm
Slide 13: Re-election of a Director: Susan Margaret Forrester
Resolution 2 – Re-election of a Director Susan Margaret Forrester For personal use only Votes For 195,055,862 Votes Against 2,606,900 Open Proxies held by the Chairman ( to be voted at Chairman’s Discretion) 3,215,475 Open Proxies held by other Proxy-holders ( to be voted at that Proxy-holder’s disc
Slide 14: Re-election of a Director: Susan Margaret Forrester
Resolution 2 – Re-election of a Director Susan Margaret Forrester For personal use only To consider and if thought fit to pass the following resolution as an ordinary resolution: ‘That Ms Susan Margaret Forrester, who retires in accordance with Article 47(b) of the Company’s Constitution and Listing
Slide 15: Re-election of a Director: David Andrew Foster
Resolution 3 – Re-election of a Director David Andrew Foster For personal use only Votes For 197,579,558 Votes Against 88,185 Open Proxies held by the Chairman ( to be voted at Chairman’s Discretion) 3,215,475 Open Proxies held by other Proxy-holders ( to be voted at that Proxy-holder’s discretion 4
Slide 16: Re-election of a Director: David Andrew Foster
Resolution 3 – Re-election of a Director David Andrew Foster For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: ‘That Mr David Andrew Foster, having been appointed from 1 February 2016 as a Director in accordance with Article 46(b) of t
Slide 17: Approval of Appointment of Auditor
Resolution 4 – Approval of Appointment of auditor For personal use only Votes For 197,554,25 Votes Against 104,543 Open Proxies held by the Chairman (to be voted at Chairman’s Discretion) 3,226,125 Open Proxies held by other Proxy-holders ( to be voted at that Proxy holder’s discretion 414,614 Votes
Slide 18: Approval of Appointment of Auditor
Resolution 4 – Approval of Appointment of auditor For personal use only To consider and, if thought fit, pass the following resolution as an ordinary resolution: ‘Provided that the Australian Securities and Investments Commission has provided its consent for the current auditor to resign as auditor
Slide 19: Remuneration Report
Resolution 5 – Remuneration Report For personal use only Votes For 193,011,709 Votes Against 1,306,355 Open Proxies held by the Chairman ( to be voted at Chairman’s Discretion) 0 Open Proxies held by other Proxy-holders ( to be voted at that Proxy-holder’s discretion 410,406 Votes Abstain 3,385,685
Slide 20: Remuneration Report
Resolution 5 – Remuneration Report For personal use only To consider and, if thought fit, pass the following resolution as an ordinary resolution: ‘That the section of the report of the Directors contained in the 2015 Annual Report dealing with the remuneration of the Company’s Directors and Senior
Slide 21: Annual General Meeting
For personal use only Annual General Meeting G8 Education Limited (ASX:GEM) 25 May 2016