Kmd Brands Limited · NZX:KMD
Kmd Brands — Kathmandu Holdings — Shareholder Meeting (November 2020)
18 slides from Kmd Brands's shareholder meeting presentation, Nov 25, 2020
Slide 1: Kathmandu Holdings 2020 Annual Meeting
For personal use only Kathmandu Holdings 2020 Annual Meeting 25 November 2020
Slide 2: Agenda: Annual Meeting 2020
Agenda: Annual Meeting 2020 For personal use only • Item 1: Chairman’s address • Item 2: Group CEO’s address • Item 3: Resolutions • Re-election of Directors • Auditor remuneration • Item 4: Other business 2 | KATHMANDU HOLDINGS 2020 ANNUAL MEETING
Slide 3: Chairman's address
For personal use only Chairman’s address 3 | KATHMANDU HOLDINGS 2020 ANNUAL MEETING
Slide 4: Group CEO's address
For personal use only Group CEO’s address 4 | KATHMANDU HOLDINGS 2020 ANNUAL MEETING
Slide 5: Rip Curl acquisition was transformational
Rip Curl acquisition was transformational For personal use only • Now one year since acquisition • Three iconic, inspirational brands with loyal customers • Delivered diversification in: • Geography: Global reach with key markets in Europe, North America, South America, Asia, and Australasia • Chann
Slide 6: Response to COVID-19 was swift and strong
Response to COVID-19 was swift and strong For personal use only • Decisive action to: • Protect the safety of customers, team members, and suppliers • Raise capital and suspend dividends • Reduce costs and accelerate synergies • Balance Sheet well positioned to respond to current trading conditions
Slide 7: Sales and profit results reflect COVID-19 impact
Sales and profit results reflect COVID-19 impact For personal use only GROUP SALES • COVID-19 revenue impact estimated at c. $135m • FY20 result included 9 months of Rip Curl up 48.7% to $801.5m • Retail same store sales growth*2 stronger post-lockdown than pre-lockdown for both Rip Curl and Kathman
Slide 8: Brand strengths more relevant than ever before
Brand strengths more relevant than ever before For personal use only • Iconic, inspirational, and • Leading outdoor brand in • Established and distinctive authentic brand Australasia American Montana-based brand • Renowned for high quality • Original, sustainable, engineered, • Focused, efficient pr
Slide 9: Sustainability highlights
Sustainability highlights For personal use only 40 M 30 PLASTIC BOTTLES M+ B+ BOTTLES WORTH OF FRESH WATER RECYCLED THROUGH SAVED BY MOVING TO SOLUTION OUR REPREVE PRODUCT SCORED A B+ IN THE ETHICAL FASHION REPORT COLLABORATED WITH KATHMANDU ON 3.3 TWO YEARS RUNNING DEVELOPING OUR SUSTAINABILITY JOU
Slide 10: Group strategy
Group strategy We are a global outdoor, lifestyle and sports company underpinned by iconic brands, For personal use only technical products and a focus on sustainability Diversify the Leverage the Grow Each Promote Our Business Portfolio Brand Values Build a portfolio of brands that: • Deliver opera
Slide 11: Group strategy: operating model anchored by pillars
Group strategy Our operating model is anchored by 6 pillars For personal use only Decentralised Synergies Organic Growth Seamless Digital Enhanced Organisation The brands leverage customer journey Acceleration Customer We place priority on Our structure and respective strengths organic growth and an
Slide 12: FY21 trading update and outlook
FY21 trading update and outlook Trading update For personal use only • Group total sales for the first quarter ended 31 October 2020 were+72% above last year, benefiting from the transformational acquisition of Rip Curl • On a pro-forma basis (relative to the same period last year including three mo
Slide 13: Resolutions
For personal use only Resolutions 13 | KATHMANDU HOLDINGS 2020 ANNUAL MEETING
Slide 14: Resolution 1: Re-election of John Harvey
Resolution 1 For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That John Harvey be re-elected as a Director of the Company.” Proxies: In respect of this item of business, the following proxies have been received: Resolution 1 In favou
Slide 15: Resolution 2: Re-election of Philip Bowman
Resolution 2 For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That Philip Bowman be re-elected as a Director of the Company.” Proxies: In respect of this item of business, the following proxies have been received: Resolution 2 In fav
Slide 16: Resolution 3: Re-election of Brent Scrimshaw
Resolution 3 For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That Brent Scrimshaw be re-elected as a Director of the Company.” Proxies: In respect of this item of business, the following proxies have been received: Resolution 3 In f
Slide 17: Resolution 4: Auditor remuneration
Resolution 4 For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That the Board be authorised to fix the remuneration of the Company’s auditor for the ensuing year.” Proxies: In respect of this item of business, the following proxies ha
Slide 18: Other business
For personal use only Other business 18 | KATHMANDU HOLDINGS 2020 ANNUAL MEETING
Kathmandu Holdings — Shareholder Meeting (November 2020) on 6ix