Slide 1: Macquarie Presentation cover letter to ASX
4 May 2023 Company Announcements Office Australian Securities Exchange Level 4 20 Bridge Street SYDNEY NSW 2000 For personal use only Dear Sir/Madam Macquarie Presentation Please find attached a copy of Codan Limited’s Macquarie investor presentation dated 4 May 2023 for release to the market. Yours
Slide 2: Macquarie Conference, 4th May 2023
For personal use only MACQUARIE CONFERENCE 4th May 2023
Slide 3: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER Disclaimer This presentation has been prepared by Codan Limited (ABN 77 007 590 605) (Codan). The information contained in this presentation is for information purposes For personal use only only and is not investment, financial product, legal or tax advice. This pres
Slide 4: Contents
CONTENTS For personal use only CODAN OVERVIEW HISTORICAL JOURNEY BUILDING A STRONGER CODAN CORE BRANDS • Tactical Communications | DTC • Zetron • Minelab STRATEGY UPDATE SUMMARY 3
Slide 5: Globally Diversified Technology Company
GLOBALLY DIVERSIFIED TECHNOLOGY COMPANY Codan’s two segments – Communications & Metal Detection – comprise three core businesses For personal use only 3 core businesses: Minelab, Tactical Communications & Zetron 15 sites globally, across 10 key countries 700+ global employees, >30% engineering 150+
Slide 6: Recent History / Evolution
RECENT HISTORY / EVOLUTION Codan’s recent history is marked by three distinct periods Revenue ($m) For personal use only 506 Metal Detection 437 Communications 348 52% 271 77% 212 69% 70% 35% 48% H1 FY23 Communications 31% 23% 65% Revenue +16% vs. pcp 30% FY19 FY20 FY21 FY22 H1 FY23 FY24+ Pre-COVID
Slide 7: Building a Stronger Codan
BUILDING A STRONGER CODAN For personal use only GLOBAL OPPORTUNITY DIVERSIFIED EARNINGS Large, globally addressable market, A more-balanced, stable and notably within developed market predictable revenue base economies PROFITABLE GROWTH INNOVATIVE PRODUCT DEVELOPMENT Targeting sustainable revenue an
Slide 8: Tactical Communications
TACTICAL COMMUNICATIONS Communications solutions that enable our customers to be connected Favourable market fundamentals: For personal use only • Increasing global military and defence spend PRIMARY MARKETS MILITARY • Smart and safe city initiatives, growing adoption of Internet of Things (IoT) app
Slide 9: Zetron
ZETRON True end-to-end mission critical solutions provider Favourable market fundamentals: For personal use only PRIMARY MARKET • Government funding environment ~US$10-15 billion Next PUBLIC SAFETY Generation 911 funding, upgrading emergency response communications • Technology convergence of broadb
Slide 10: Minelab
MINELAB Delivering market-leading, innovative detectors Favourable market fundamentals: For personal use only • Emerging awareness of products across new RECREATION / PROFESSIONAL geographies (e.g., India) • Shift in consumer preference towards direct-to- consumer and eCommerce channels PRIMARY MARK
Slide 11: Near Term Strategy
NEAR TERM STRATEGY Successful execution will see a more-balanced, integrated and sustainable Codan For personal use only Promote new products & expand Enhanced offering as full Expansion and growth of systems channels to market solutions provider and support contracts • Ongoing business development
Slide 12: Strategy Overview
STRATEGY OVERVIEW Codan’s renewed growth strategy involves execution against three core pillars STRATEGY use only GETTING QUALITY OF ACQUISITIONS THAT EVERYTHING RIGHT TOPLINE CREATE VALUE For personal • Continued focus across people, • Global opportunity - Ongoing • Seek strategically-aligned proce
Slide 13: Building a Stronger Codan
BUILDING A STRONGER CODAN For personal use only GLOBAL OPPORTUNITY DIVERSIFIED EARNINGS Large, globally addressable market, notably A more-balanced, stable and within developed market economies predictable revenue base PROFITABLE GROWTH INNOVATIVE PRODUCT DEVELOPMENT Targeting sustainable revenue an