Orica Limited · ASX:ORI
Orica — Shareholder Meeting (December 2020)
25 slides from Orica's shareholder meeting presentation, Dec 22, 2020
Slide 1: 2020 Annual General Meeting
For personal use only 2020 ANNUAL GENERAL MEETING 22 DECEMBER 2020 DISCLAIMER: THE INFORMATION AND OPINIONS CONTAINED IN THIS PRESENTATION OR EXPRESSED BY THE PRESENTERS ARE FOR INFORMATIONAL PURPOSES ONLY, ARE NOT INVESTMENT OR FINANCIAL PRODUCT ADVICE AND ARE NOT INTENDED TO BE USED AS THE BASIS F
Slide 2: Chairman's Address
For personal use only CHAIRMAN’S ADDRESS MALCOLM BROOMHEAD, CHAIRMAN 2020 ANNUAL GENERAL MEETING | 2
Slide 3: Safety has remained our highest priority
Safety has remained our highest priority, while keeping our operations running and delivering reliably for our customers For personal use only 2020 ANNUAL GENERAL MEETING | 3
Slide 4: Strong financial performance in an unprecedented operating environment
Strong financial performance in an unprecedented operating environment, underpinned by For personal use only strengthened balance sheet 2020 ANNUAL GENERAL MEETING | 4
Slide 5: Enhancing long-term shareholder value through robust corporate governance
Enhancing long-term shareholder value by ensuring robust and effective corporate governance For personal use only 2020 ANNUAL GENERAL MEETING | 5
Slide 6: Economic recovery and productivity
Economic recovery and productivity For personal use only 2020 ANNUAL GENERAL MEETING | 6
Slide 7: CEO's Address
For personal use only CEO’S ADDRESS ALBERTO CALDERON, MANAGING DIRECTOR & CEO 2020 ANNUAL GENERAL MEETING | 7
Slide 8: Health and safety remain our priority, always.
Health and safety remain our priority, always. For personal use only 2020 ANNUAL GENERAL MEETING | 8
Slide 9: Focused on what we can control
Focused on what we can control For personal use only 2020 ANNUAL GENERAL MEETING | 9
Slide 10: Delivering innovative solutions for our customers
Delivering innovative solutions for our customers For personal use only 2020 ANNUAL GENERAL MEETING | 10
Slide 11: Delivered a strong financial performance in a challenging global environment
Delivered a strong financial performance in a challenging global environment, while making Orica a safer and more For personal use only responsible business AN VOLUMES 3.83Mt UNERLYING EBIT ZERO FATALITIES 40% $605M New target to reduce operational Scope 1 & 2 emissions by at least 40% by FY20301 DI
Slide 12: Five Key Drivers
FIVE KEY For personal use only DRIVERS 2020 ANNUAL GENERAL MEETING | 12
Slide 13: For personal use only
For personal use only 2020 ANNUAL GENERAL MEETING | 13
Slide 14: Items of business
Items of business For personal use only Item 1 – Financial Report, Directors’ Report and Auditor’s Report Item 2 – Election of Directors Item 3 – Remuneration Report Item 4 – Grant of Performance Rights to the Managing Director & CEO 2020 ANNUAL GENERAL MEETING | 14
Slide 15: Financial Report, Directors' Report and Auditor's Report
Item 1 For personal use only Financial Report, Directors’ Report and Auditor’s Report To receive and consider the Financial Report, Directors’ Report and Auditor’s Report for the year ended 30 September 2020. 2020 ANNUAL GENERAL MEETING | 15
Slide 16: Election of Directors
Item 2 For personal use only Election of Directors • Malcolm Broomhead • John Beevers ended 30 September 2020. 2020 ANNUAL GENERAL MEETING | 16
Slide 17: Re-election of Malcolm Broomhead as a Director
Item 2.1 For personal use only Re-election of Malcolm Broomhead as a Director That Malcolm Broomhead, who retires in accordance with Rule 58.1 of the Company’s constitution, being eligible and offering himself for re- election, is re-elected as a Director. 2020 ANNUAL GENERAL MEETING | 17
Slide 18: Resolution 2.1 voting results
Direct and Proxy votes combined For personal use only Resolution 2.1 To re-elect Director Malcolm Broomhead For* 309,958,552 Against 229,620 *Includes 476,275 ‘open’ proxy votes to be cast by the Chairman of the Meeting Percentage of votes in favour or open = 99.92% 2020 ANNUAL GENERAL MEETING | 18
Slide 19: Election of John Beevers as a Director
Item 2.4 For personal use only Election of John Beevers as a Director That John Beevers, a Director appointed by the Board since the last Annual General Meeting, who retires in accordance with Rule 47 of the Company’s constitution, being eligible and offering himself for election, is elected as a Di
Slide 20: Resolution 2.2 voting results
2020 ANNUAL GENERAL MEETING | Direct and Proxy votes combined For personal use only Resolution 2.2 To elect Director John Beevers For* 305,252,594 Against 4,918,973 *Includes 487,491 ‘open’ proxy votes to be cast by the Chairman of the Meeting Percentage of votes in favour or open = 98.42% 20
Slide 21: Remuneration Report
Item 3 For personal use only Remuneration Report To adopt the Remuneration Report for the year ended 30 September 2020. 2020 ANNUAL GENERAL MEETING | 21
Slide 22: Adoption of Remuneration Report voting results
2020 ANNUAL GENERAL MEETING | Direct and Proxy votes combined For personal use only Resolution 3 Adoption of Remuneration Report For* 286,324,772 Against 23,088,365 *Includes 471,337 ‘open’ proxy votes to be cast by the Chairman of the Meeting Percentage of votes in favour or open = 92.54% 22
Slide 23: Grant of Performance Rights
Item 4 For personal use only Grant of Performance Rights That approval be given for the Grant of Performance Rights to the Managing Director, Alberto Calderon, under Orica’s Long Term Incentive Plan, on the terms summarised in the explanatory notes. 2020 ANNUAL GENERAL MEETING | 23
Slide 24: Grant of Performance Rights voting results
2020 ANNUAL GENERAL MEETING | Direct and Proxy votes combined For personal use only Resolution 4 Grant of Performance Rights For* 255,163,420 Against 54,878,294 *Includes 475,521 ‘open’ proxy votes to be cast by the Chairman of the Meeting Percentage of votes in favour or open = 82.3% 24
Slide 25: For personal use only
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