Tronox Holdings Plc · NYSE:TROX
Tronox — Shareholder Meeting (May 2018)
10 slides from Tronox's shareholder meeting presentation, May 14, 2018
Slide 1: Supplementary Proxy Materials for 2018 Annual Meeting
Supplementary Proxy Materials for 2018 Annual MeetingMay 2018
Slide 2: Safe Harbor Statement and Non-U.S. GAAP Financial Terms
Safe Harbor Statement and Non-U.S. GAAP Financial Terms Statements in this presentation that are not historical are forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are su
Slide 3: Tronox at a Glance
Tronox at a Glance We are a vertically integrated mining and inorganic chemical business. We mine titanium ore, zircon and other minerals, and manufacture titanium dioxide (TiO2) pigments that add brightness and durability to paints, plastics, paper, and other everyday products. Locations worldwide,
Slide 4: Recent Financial Performance Versus Peers
Recent Financial Performance Versus Peers Tronox’s financial performance has been at or above the peer group median over the last three years:2017 TSR performance was near the top of the peer group;Three- and five-year TSR were near the 25th percentile and median of the peers, respectively. TSR Perf
Slide 5: 2017 Compensation Decisions (versus peers)
Source: Peer company proxy filings 2017 Compensation Decisions (versus peers) Compensation decisions based on 2017 peer group proxy data, as shown below and to the rightTronox’s named executive officers are each within 10% of the 2017 peer group median for their respective position Target Total Dire
Slide 6: Compensation Program Overview
Compensation Program Overview Compensation program offers a mix of elements that align pay with performance and drive shareholder valueMeaningful 2018 changes made in response to shareholder feedback 2017 Element Component Metrics Base Salary Cash Fixed annual cash amount, paid at regular payroll in
Slide 7: Strong Governance Practices
Strong Governance Practices What We Do Separate Independent Chair and CEOSeeking to increase diversity of Board:Added female board member in early 2018Seeking to add second female board member later in 2018Board refreshment a priority in 2018Emphasis on performance-based compensation: 82% of our CEO
Slide 8: Appendix
Appendix
Slide 9: Adjusted EBITDA
Adjusted EBITDA TRONOX Net income (loos) (US. GAAP) s 72) income (loss) from discontinued operations, net of tax (US. GAAP) G79) Net income (loss) from continuing operations (US. GAAP) > income tax provision (banet) 6 epreciation, deploton and amortization expense Transaction costs (a) Share-based c
Slide 10: Free Cash Flow
Free Cash Flow TRONOX LIMITED STATEMENT OF FREE CASH FLOWS (NON-U.S. GAAP) (UNAUDITED) lons of US. doll cai Income (loss) from operations (U.S. GAAP) Depreciation, depletion and amortization expense Other Adjusted EBITDA (non-U.S. GAAP) Adjusted EBITDA (non-U.S. GAAP) Interest paid, net of capitaliz