Jupiter Mines Limited · ASX:JMS
Jupiter Mines — Shareholder Meeting (July 2021)
15 slides from Jupiter Mines's shareholder meeting presentation, Jul 30, 2021
Slide 1: Jupiter Mines Limited 2021 Annual General Meeting
For personal use only JUPITER MINES LIMITED 2021 ANNUAL GENERAL MEETING
Slide 2: Agenda
Agenda For personal use only 1. Presentation • Key FY2021 Jupiter Highlights • Unrest in South Africa • Tshipi Operating and Financial Performance • FY2022 Objectives 2. Consideration of Reports 3. Questions and Comments 4. Resolutions: explanations, questions and voting 2
Slide 3: Key FY2021 Highlights
Key FY2021 Highlights For personal use only Distributions to Shareholders Share of Tshipi Profit NPAT • Tshipi remained profitable despite the COVID-19 pandemic $58.8 and mining challenges 2021 $62.9 $67.5 • FY2021 dividends of $59 million $93.1 paid by Jupiter; average 10% yield 2020 $98.2 $95.1 •
Slide 4: Unrest in South Africa
Unrest in South Africa For personal use only Mine • Tshipi is in the Northern Cape, away from the regions (KwaZulu-Natal and Gauteng) experiencing rioting and looting • Employee/contractor safety remains a priority, however there is no disruption to operations at present Logistics • Route to and loa
Slide 5: Tshipi Operating & Financial Performance
Tshipi Operating & Financial Performance For personal use only 100% Tshipi UoM 2019 2020 2021 Q1 2022 Total sales Million tonnes 3.51 3.41 3.42 0.85 Revenue AUD million 872 628 497 107 EBITDA AUD million 582 314 206 26 Net profit after tax AUD million 379 197 126 16 Cash costs (FOB)1 US$/dmtu 2.27 2
Slide 6: Tshipi Environmental, Social and Governance Initiatives
Tshipi Environmental, Social and Governance Initiatives For personal use only Environment • Water management – new stormwater dam to capture water during rainy months, use in dust suppression and reducing potable water use • Biodiversity Offset Project – engagement with landowners • Waste management
Slide 7: FY2022 Objectives
FY2022 Objectives For personal use only 1. Focus on production volume and costs in the ongoing COVID environment 2. Address the mining issues 3. Address outstanding items for expansion of Tshipi mine to 4.5mtpa 4. Progress the barrier pillar footprint expansion discussions 5. Consolidation of the Ts
Slide 8: Consideration of Reports
Consideration of Reports For personal use only • 2021 Directors’ Report • 2021 Remuneration Report • 2021 Financial Report • Independent Auditor’s Report – Grant Thornton ONLY SHAREHOLDERS OF JUPITER MINES CAN ASK QUESTIONS OR MAKE COMMENTS AT THIS TIME 8
Slide 9: 1: Adoption of Remuneration Report
Resolution 1: Adoption of Remuneration Report For personal use only “That for the purposes of section 250R(2) of the Corporations Act and for all other purposes, the Remuneration Report contained in the Directors’ Report for the financial year ended 28 February 2021 be adopted by the Company.” FOR 4
Slide 10: 2: Spill Resolution
Resolution 2: Spill Resolution For personal use only That, subject to 25% or more of the votes cast on Resolution 1 being against the adoption of the Remuneration Report, to consider and, if thought fit, to pass, with or without amendment the following resolution as an ordinary resolution: “That, fo
Slide 11: 3: Re-election of Mr. Paul Murray
Resolution 3: Re-election of Mr. Paul Murray For personal use only “That for the purposes of Listing Rule 14.4, clause 6.3(b) of the Constitution and for all other purposes, Mr. Paul Murray, being a Director of the Company who retires in accordance with clause 6.3(b) of the Constitution and, being e
Slide 12: 4: Re-election of Mr. Andrew Bell
Resolution 4: Re-election of Mr. Andrew Bell For personal use only “That for the purposes of Listing Rule 14.4, clause 6.3(b) of the Constitution and for all other purposes, Mr. Andrew Bell, being a Director of the Company who retires in accordance with clause 6.3(b) of the Constitution and, being e
Slide 13: 5: Election of Shareholder Nominee Director-Mr. Peter North
Resolution 5: Election of Shareholder Nominee Director-Mr. Peter North For personal use only “That, for the purposes of clause 6.2(c) of the Constitution of the Company, Mr. Peter North, having consented to act, be appointed as a director of Jupiter Mines Limited with effect from the close of the Me
Slide 14: 6: Election of Shareholder Nominee Director-Mr. Scott Winter
Resolution 6: Election of Shareholder Nominee Director-Mr. Scott Winter For personal use only “That, for the purposes of clause 6.2(c) of the Constitution of the Company, Mr. Scott Winter, having consented to act, be appointed as a director of Jupiter Mines Limited with effect from the close of the
Slide 15: Poll Voting
Poll Voting For personal use only PLEASE COMPLETE AS INSTRUCTED 15