Phoslock Environmental Technologies Limited · ASX:PET
Phoslock Environmental Technologies — Shareholder Meeting (May 2021)
20 slides from Phoslock Environmental Technologies's shareholder meeting presentation, May 25, 2021
Slide 1: Welcome to the Annual General Meeting
25 MAY 2021 Welcome to the Annual General Meeting Driving sustainable growth World leaders in water remediation
Slide 2: Disclaimer
Disclaimer Statements contained in this presentation, particularly those regarding possible or assumed future performance, estimated company earnings, potential growth of the company, industry growth or other trend projections are or may be forward looking statements. Such statements relate to futur
Slide 3: Retiring Chairman Mr Laurence Freedman AM
Retiring Chairman Mr Laurence Freedman AM 3 ANNUAL GENER SAT RL AMT EE EGTYI NUGP D2 A0 T2 E1
Slide 4: Online attendees: Voting process
Online attendees: Voting process ANNUAL GENERAL MEETING 2021 4
Slide 5: Proxies before meeting
Proxies before meeting ANNUAL GENERAL MEETING 2021 Securities On Issue 625,000,509 Valid Securities Voted (For, Against, Open Usable, Open Conditional) 61,841,333 Valid Securities Voted (%) 9.89 Total Securityholders Cast 379 Open Open Resolution For Against Abstain Excluded Board Non-Board Voted 18
Slide 6: Online attendees: Question process
Online attendees: Question process ANNUAL GENERAL MEETING 2021 6
Slide 7: Retiring Chairman Mr Laurence Freedman AM
Retiring Chairman Mr Laurence Freedman AM 7 ANNUAL GENER SAT RL AMT EE EGTYI NUGP D2 A0 T2 E1
Slide 8: Mr Lachlan McKinnon, Managing Director / CEO
ANNUAL GENERAL MEETING 2021 Mr Lachlan McKinnon Managing Director / CEO 8
Slide 9: Initial focus and confidence basis
ANNUAL GENERAL MEETING 2021 Initial focus Confidence basis Address issues in China Clear competitive advantage Responding to the challenges Large and growing market of the COVID-19 pandemic opportunity A sustainable growth plan for Diversification strategy long term shareholder value 9
Slide 10: Today's topics
Today’s topics ANNUAL GENERAL MEETING 2021 Resetting our China business Our growth strategy Current projects and operations 10
Slide 11: China reset
China reset ANNUAL GENERAL MEETING 2021 Our Response Thorough and Comprehensive review independent of financial reporting investigation of all procedures, delegated matters authority policies and general risk management framework Additional legal, forensic accounting and business advisory / support
Slide 12: Growth Strategy
T RL AMT EE EGTYI NUGP D2 A0 T2 E1 Growth Strategy Focused expansion Segmenting our Securing SA ANNUAL GENER into targeted markets to identify partnerships that markets new and additional meet shared opportunities objectives PET is building a platform of sustainable and profitable growth Investing i
Slide 13: Current business update 2021
Current BUSINESS UPDATE business 2021 COVID-19 impacts have been material, but are expected to ease Diversification strategy implementation, with multiple contracted applications, trials and prospective projects in 11 countries 13
Slide 14: Project activity by region
Canada ANNUAL GENERAL MEETING 2021 Finalising regulatory approval Europe Projects ready to commence Contracted projects in place in Quebec and Ontario and progressing Discussions with several other Several projects complete in provinces Netherlands and Germany USA New projects about to commence in D
Slide 15: FY2021 guidance assumptions
FY2021 guidance assumptions ANNUAL GENERAL MEETING 2021 Contracted sales1 Heads of agreement1 High probability1 19% of forecast tonnes 55% of forecast tonnes 26% of forecast tonnes Brazil China Europe United States 1 As at May 2021 15
Slide 16: ASX relisting priorities
T RL AMT EE EGTYI NUGP D2 A0 T2 E1 Timing impacted by 2020 and 2021 audit and other matters Corporate governance SA ANNUAL GENER requirements Board make-up and renewal Conclusion of investigations Financial outlook Operational improvements and strategic initiatives Very high priority for ASX PET Boa
Slide 17: Summary
Summary ANNUAL GENERAL MEETING 2021 Phoslock technology The target market for The Company is Decisive steps taken PET is positioned for has a clear Phoslock technology pursuing a strategy to address China sustainable and competitive is substantial and of focused fraud issues and profitable growth ad
Slide 18: Retiring Chairman Mr Laurence Freedman AM
Retiring Chairman Mr Laurence Freedman AM 18 ANNUAL GENER SAT RL AMT EE EGTYI NUGP D2 A0 T2 E1
Slide 19: Mr David Krasnostein AM, Incoming Chairman
ANNUAL GENERAL MEETING 2021 Mr David Krasnostein AM Incoming Chairman 19
Slide 20: Thank you for joining the Annual General Meeting
25 MAY 2021 Thank you for joining the Annual General Meeting Driving sustainable growth World leaders in water remediation
Phoslock Environmental Technologies — Shareholder Meeting (May 2021) on 6ix