Slide 1: 2024 Annual General Meeting - AGM Presentation
7 November 2024 2024 Annual General Meeting - AGM Presentation Zip Co Limited (ASX: ZIP) (“Zip”, or the “Company”) provides the attached copy of the AGM presentation materials to be presented at its Annual General Meeting today. Release approved by the Board. – ENDS - For personal use only For more
Slide 2: Zip Co Limited Annual General Meeting
For personal use only Zip Co Limited Annual General Meeting 7 November 2024
Slide 3: How to ask a question
How to ask a question For personal use only To ask a written question select the Q & A icon Broadcast Vote Q&A Documents Your questions Select the topic your question relates to from the drop-down list Type your question in the text box and press the send button You may enter a question field below
Slide 4: How to vote
How to vote For personal use only When the poll is open, select the vote icon at the top of the screen Broadcast Vote Q&A Documents Items of business To vote, select either For, Against or Abstain 2A Re-elect Mr Sam Sample as a Director FOR AGAINST ABSTAIN You will see a vote confirmation 2B Re-elec
Slide 5: Chair's address
For personal use only Chair’s address Diane Smith - Gander AO
Slide 6: Group CEO & Managing Director's address
For personal use only Group CEO & Managing Director’s address Cynthia Scott 5
Slide 7: Zip delivered record profitability in FY24
Zip delivered record profitability in FY24 For personal use only Group cash EBTDA1 ($m) Americas cash EBTDA ($m) ANZ cash EBTDA ($m) 78.8 69.0 77.2 +127.0 33.0 +117.2 +19.1 +101.3 13.9 (24.1) (48.2) FY23 FY24 FY23 FY24 FY23 FY24 Underlying Cash EBTDA group cash EBTDA Strong revenue growth and discip
Slide 8: Zip is a simpler, stronger and sustainably profitable business
Zip is a simpler, stronger and For personal use only sustainably profitable business Record profitable Simplified Standout Continued ANZ Well positioned growth balance sheet US performance profitability for future growth Zip has reset its capital structure, delivered record profitability in FY24 and
Slide 9: Zip remains committed to operating sustainably and responsibly
Zip remains committed to operating For personal use only sustainably and responsibly • In Australia, Zip enhanced its hardship application flow to ensure a simplified and streamlined process that Financial supports strong customer outcomes inclusion and • In the US, Zip piloted a financial literacy
Slide 10: Our purpose and our mission
For personal use only OUR PURPOSE OUR MISSION Unlocking financial potential, To bring exceptional experiences, together innovation and partnership to every financial journey 9
Slide 11: Zip has a clear strategy to drive growth in FY25 and beyond
Zip has a clear strategy to drive growth in FY25 and beyond For personal use only Growth and Product Operational engagement innovation excellence Secure new merchant and Scale Pay in 8 (US) Design and build strategic partnerships exceptional customer Scale Zip Plus (ANZ) journeys Scale embedded dist
Slide 12: Prior Minutes & Formal Business
For personal use only Prior Minutes & Formal Business 11
Slide 13: Annual Financial Report, Directors' Report and Auditor's Report
For personal use only Item 1 ANNUAL FINANCIAL REPORT, DIRECTORS’ REPORT AND AUDITOR’S REPORT To receive and to consider the Annual Financial Report, the Directors’ Report and the Auditor’s Report for Zip and its consolidated entities for the financial year ended 30 June 2024. 12
Slide 14: Remuneration Report
For personal use only Item 2 REMUNERATION REPORT To consider and, if thought fit, pass the following as an Ordinary Resolution: To adopt the Remuneration Report for the financial year ended 30 June 2024, as set out in the Directors’ Report in the Annual Financial Report. Note: the vote on this item
Slide 15: Election of Kevin Moss as a Director
For personal use only Item 3(a) ELECTION OF KEVIN MOSS AS A DIRECTOR To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “That Kevin Moss, having been appointed as a Director of the Company effective 21 May 2024 in accordance with the Company’s Constitution,
Slide 16: Kevin Moss' Election as a Director
For personal use only Kevin Moss’ Election as a Director Kevin Moss 15
Slide 17: Election of Matthew W. Schuyler as a Director
For personal use only Item 3(b) ELECTION OF MATTHEW W. SCHUYLER AS A DIRECTOR To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “That Matthew W. Schuyler, having been appointed as a Director of the Company effective 7 October 2024 in accordance with the Com
Slide 18: Matthew W. Schuyler's Election as a Director
For personal use only Matthew W. Schuyler’s Election as a Director Matthew W. Schuyler 17
Slide 19: Re-election of Diane Smith-Gander AO as a Director
For personal use only Item 3(c) RE-ELECTION OF DIANE SMITH-GANDER AO AS A DIRECTOR To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “That Diane Smith-Gander AO, who retires by rotation in accordance with the Company’s Constitution, and being eligible, be r
Slide 20: Diane Smith-Gander AO Re-election as a Non-Executive Director
For personal use only Diane Smith-Gander AO Re-election as a Non-Executive Director Diane Smith- Gander AO
Slide 21: Granting of Restricted Rights to Non-Executive Directors
For personal use only Item 4 THE GRANTING OF RESTRICTED RIGHTS TO NON-EXECUTIVE DIRECTORS To consider and, if thought fit, pass the following as an Ordinary Resolution: “That approval is given for the purposes of ASX Listing Rule 10.14 and all other purposes, for the issue of Restricted Rights to No
Slide 22: Grant of STVR Shares to Cynthia Scott
For personal use only Item 5(a) GRANT OF SHORT-TERM VARIABLE REWARD (STVR) SHARES UNDER THE EQUITY INCENTIVE PLAN (EIP) TO CYNTHIA SCOTT To consider and, if thought fit, pass the following, as an Ordinary Resolution: “That approval is given for the purposes of ASX Listing Rule 10.14 and all other pu
Slide 23: Grant of STVR Shares to Larry Diamond
For personal use only Item 5(b) GRANT OF SHORT-TERM VARIABLE REWARD (STVR) SHARES UNDER THE EQUITY INCENTIVE PLAN (EIP) TO LARRY DIAMOND To consider and, if thought fit, pass the following, as an Ordinary Resolution: “That approval is given for the purposes of ASX Listing Rule 10.14 and all other pu
Slide 24: Grant of Long-Term Performance Rights to Cynthia Scott
For personal use only Item 6 GRANT OF LONG-TERM VARIABLE REWARD PERFORMANCE RIGHTS UNDER THE EIP TO CYNTHIA SCOTT To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “That approval is given for the purposes of ASX Listing Rule 10.14, section 200B of the Corpo
Slide 25: Renewal of Proportional Takeover Provisions in the Constitution
For personal use only Item 7 RENEWAL OF PROPORTIONAL TAKEOVER PROVISIONS IN THE COMPANY’S CONSTITUTION To consider and, if thought fit, to pass the following resolution as a Special Resolution: “That, for the purposes of sections 136(2) and 648G(4) of the Corporations Act and for all other purposes,
Slide 26: Poll
For personal use only Poll 25
Slide 27: Close of Meeting & Questions
For personal use only Close of Meeting & Questions 26
Slide 28: Thank you.
For personal use only Thank you. 27
Slide 29: Disclaimer and important notices
Disclaimer and important notices For personal use only The information contained in this presentation has been prepared by Zip Co Limited ACN 139 546 428 This presentation may contain certain “forward looking statements”. Forward risks, uncertainties and (Company). other factors, many of which are o