Generation Development Group Limited · ASX:GDG
Generation Development — Shareholder Meeting (November 2021)
26 slides from Generation Development's shareholder meeting presentation, Nov 18, 2021
Slide 1: Generation Development Group 2021 Annual General Meeting
For personal use only Generation Development Group 2021 Annual General Meeting 18 November 2021 Presenters: Rob Coombe Grant Hackett OAM Non-Executive Chairman CEO and Managing Director of Generation Life Outthinking today.
Slide 2: Contents
Contents For personal use only Generation Development Group Generation Development Group outlook Chairman’s address 6 Generation Development Group outlook 14 About Generation Development Group 7 Generation Development Group | gendevelopmentgroup.com.au FY21 highlights and key performance measures 8
Slide 3: Online attendees: Question process
Online attendees For personal use only 123-456-789 Question process When the Question function is available, the Q&A icon will appear at the top of the app. Generation Development Group | gendevelopmentgroup.com.au To send in a question, simply click in the ‘Ask a question’ box, type your question a
Slide 4: Online attendees: Audio question process
Online attendees For personal use only Audio question process *Please ensure your webcast is muted before joining the call.* To ask a question verbally please dial the number shown on the main information page. Enter your Generation Development Group | gendevelopmentgroup.com.au meeting ID followed
Slide 5: Online attendees: Voting process
Online attendees For personal use only Voting process When the poll is open, the vote will be accessible by selecting the voting icon at the top of the screen Generation Development Group | gendevelopmentgroup.com.au To vote simply select the direction in which you would like to cast your vote, the
Slide 6: Chairman's address
For personal use only Chairman’s address + Introducing the senior Generation Development Group | gendevelopmentgroup.com.au management team + Overview of the FY21 year Rob Coombe Bill Bessemer Jonathan Tooth John Wheeler that was Non-Executive Chairman Non-Executive Director Non-Executive Director N
Slide 7: Generation Development Group
For personal use only Generation Development Group A compelling shareholder value building model Generation Development Group (ASX:GDG) is a licensed Pooled Development Fund (PDF) that delivers tax free capital gains and tax-exempt dividends. Invested in rapidly growing segments of the financial ser
Slide 8: FY21 highlights and key performance measures
FY21 highlights and key performance measures Generation Development Group For personal use only Life Business FUM Life Product Sales Market Share APLs Flagship Product $404 million 41.9% of inflows* Rating1 $1.79 billon 505 Generation Development Group | gendevelopmentgroup.com.au Up 38% Up 22% (rol
Slide 9: FY21 Financial result summary
FY21 Financial result summary Generation Development Group For personal use only FY21 FY20 Change Change % Revenue* (A$'000) 26,043 19,900 6,143 31 Expenses* (A$'000) (21,993) (17,084) (4,909) (29) Generation Development Group | gendevelopmentgroup.com.au Underlying NPAT (A$'000) – Life/Admin busine
Slide 10: Outstanding start to FY22
Outstanding start to FY22 Generation Life – September 2021 quarter For personal use only Annual Sales & Net Inflows in $m Closing Funds Under Management (FUM) Annual Sales Annual Net Sales July to Sept Sales July to Sept Net Sales in $m (September) $1,954 $404 $332 $1,363 $314 Generation Development
Slide 11: Delivering growth and innovation
For personal use only Delivering growth and innovation Generation Development Group | gendevelopmentgroup.com.au Product innovation Generation Life Tax Effective Equity Income Fund 12 Tax Aware Series and investment bond enhancements 12 Investment-linked lifetime annuity 12 Investment in Lonsec Hold
Slide 12: Delivering growth and innovation
Delivering growth and innovation For personal use only Generation Life Tax Effective Equity Investment bonds and Tax Optimised Investment-linked lifetime annuity Generation Development Group | gendevelopmentgroup.com.au Income Fund funds + Successful launch of wholesale and retail + Expected average
Slide 13: Investment in Lonsec Holdings
Investment in Lonsec Holdings Company Overview For personal use only One of Australia’s largest qualitative research firms whose research Increased investment FY21 Revenue: 3-year strategic ratings are used worldwide in Lonsec from 37% $32.4 million* growth plan to drive to 41% through a Up 9% YOY s
Slide 14: Generation Development Group outlook
For personal use only Generation Development Group outlook Record sales momentum and FUM growth New market opportunities - Launch of investment-linked Generation Development Group | gendevelopmentgroup.com.au lifetime annuity for the Australian retirement market anticipated in the second half of FY2
Slide 15: Questions
For personal use only Questions Generation Development Group | gendevelopmentgroup.com.au
Slide 16: Financial Reports
For personal use only Financial Reports Generation Development Group | gendevelopmentgroup.com.au
Slide 17: Resolution: Remuneration Report
For personal use only Resolution 1 Remuneration Report Generation Development Group | gendevelopmentgroup.com.au For Against Proxy’s Discretion Abstain/Excluded 57,470,751 167,214 4,498,727 36,036,444 92.49% 0.27% 7.24%
Slide 18: Resolution: Election of Giselle Collins as a Director
For personal use only Resolution 2 Election of Giselle Collins as a Director Generation Development Group | gendevelopmentgroup.com.au For Against Proxy’s Discretion Abstain/Excluded 93,665,906 7,108 4,497,544 2,578 95.41% 0.01% 4.58%
Slide 19: Resolution: Approval of 10% Placement Facility
For personal use only Resolution 3 Approval of 10% Placement Facility Generation Development Group | gendevelopmentgroup.com.au For Against Proxy’s Discretion Abstain/Excluded 90,139,355 3,519,237 4,497,544 17,000 91.83% 3.59% 4.58%
Slide 20: Thank you
For personal use only Outthinking today. Thank you Generation Development Group | gendevelopmentgroup.com.au This presentation has been prepared by Generation Development Group Limited ABN 90 087 334 370 (GDG). GDG believes that the information in this presentation is accurate and reliable, but no w
Slide 21: Appendices
For personal use only Appendices Generation Development Group | gendevelopmentgroup.com.au
Slide 22: Why Generation Development Group?
For personal use only Number one inflows for three Licensed PDF delivering tax-free Why Generation years running capital gains on shares and tax-exempt dividends Development Group? 21%* sales growth, 26%* FUM growth Strong and sustained NPAT growth Capital light business model 39%* underlying NPAT g
Slide 23: Key features of investment bonds
Key features of investment bonds For personal use only Max tax rate of 30% No distributions and access to Tax paid after 10 years – tax Generation Development Group | gendevelopmentgroup.com.au funds at anytime advantages pre 10 years 125% advantage Portability No personal CGT on switching Tax free
Slide 24: Core uses of investment bonds
For personal use only Alternative or complementary to superannuation 5 core uses of The most tax-effective investment solution after super investment bonds Estate planning Be in control of transferring wealth Generation Development Group | gendevelopmentgroup.com.au Trusts Reducing distributable inc
Slide 25: Reconciliation of statutory profit to underlying earnings
Reconciliation of statutory profit to underlying earnings Generation Development Group For personal use only FY21 FY20 Change Change % Underlying net profit after tax (A$’000) – Life/Administration business 4,050 2,816 1,234 44 Income from associates (A$’000) 580 - 580 nm Generation Development Grou
Slide 26: FUM Growth
FUM Growth Generation Development Group For personal use only FY21 FY20 Change Change % Opening FUM (A$’000) 1,295 1,073 222 21 Generation Development Group | gendevelopmentgroup.com.au Sales inflow (A$’000) 404 332 72 22 Investment performance (A$’000) 184 (31) 215 nm Exits (A$’000) (91) (79) (12)
Generation Development Group — Shareholder Meeting (November 2021) on 6ix