Navigator Global Investments Ltd · ASX:NGI
Navigator Global Investments — Shareholder Meeting (October 2024)
14 slides from Navigator Global Investments's shareholder meeting presentation, Oct 31, 2024
Slide 1: 2024 Annual General Meeting
2024 Annual General Meeting 31 October 2024 Authorised by: Board of Navigator Global Investments Limited
Slide 2: Agenda
Agenda 1 Welcome 2 Chairman’s Address 3 CEO’s Address 4 Formal Business 2
Slide 3: Welcome: Board of directors
Welcome Board of directors Michael Shepherd Stephan Darke Sean McGould Nicola Grenham Suvan de Soysa Lindsay Wright Marc Pillemar Independent Executive Director Executive Director Independent Independent Independent Non-executive Director Non-executive Chairman Non-executive Director Non-executive D
Slide 4: Voting instructions
Voting instructions In person Virtual attendance Instructions for participating and voting in the Virtual Meeting are contained in the Online Guide on the Navigator website (Annual General Meetings page) at: https://www.navigatorglobal.com.au/corporate-governance Once you have accessed the Virtual M
Slide 5: Chairman's Address
Chairman’s Address Mr Michael Shepherd
Slide 6: FY2024 Highlights
NGI | FY2024 Highlights Earnings ahead of Upgraded Guidance Strengthened Leadership Team • Adjusted EBITDA of USD90.5m, beating mid-point of USD85-89m June 2024 guidance by 4% • Strengthened leadership team with appointment of new CEO, enabling more active engagement with Australian market to execut
Slide 7: CEO's Address
sed eee ds CEO’ s Address" Stephen Darke gr
Slide 8: The Year in Summary
NGI | The Year in Summary Significant momentum across NGI, positioning us for strong growth Strong investment Financial performance by Outperformance Partner Firms Robust balance sheet Tailwinds benefiting & cash flow to support global alternatives continued growth 8
Slide 9: FY2024 Financial Results
NGI | FY2024 Financial Results Adjusted EBITDA up 85% on pcp driven by: USD 26.2 billion USD 172.3 million AUD 39.4 billion AUD 262.8 million • $61.4m of distributions received from the NGI Strategic Portfolio Ownership-adjusted AUM Revenue (Non-IFRS) 1 partner firms ($26.8m pcp); and 3% from 30 J
Slide 10: AUM Growth
NGI | AUM Growth Growth in a challenging fundraising environment 5 year AUM trends NGI Ownership Adjusted AUM1 USD billions Quarterly growth to 30 September 2020 30 September 2021 30 September 2022 30 September 2023 30 September 2024 30 September 2024 30 September 2024 NGI Ownership YoY growth to Ad
Slide 11: Indicative Revenue Composition
NGI | Indicative Revenue Composition Portfolio diversification and higher management fee base delivers consistent returns NGI Group Level1 Over the past 3 years 300 100% 90% 250 89 80% 67 91 70% Average of 67% of 200 Consistent with AUM NGI revenues from USD millions 34 + 47 60% 183 growth, an endur
Slide 12: Sustainable Growth Driving Value Creation
NGI | Sustainable Growth Driving Value Creation Continued Partner Firm Growth – Current & New EPS and Share Price Growth Stability Growth Drivers Capital Allocation Portfolio approach Partner Firms Disciplined allocation of cash flow Quality diverse firms with multiple strategies Investment performa
Slide 13: Formal Business
Formal Business Mr Michael Shepard
Slide 14: The meeting is now open for questions
The meeting is now open for questions
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