Bhp Group Ltd · ASX:BHP
Bhp — Shareholder Meeting (October 2019)
27 slides from Bhp's shareholder meeting presentation, Oct 18, 2019
Slide 1: BHP Group Plc Annual General Meeting 2019
For personal use only BHP Group Plc Annual General Meeting 2019
Slide 2: Disclaimer
Disclaimer For personal use only Forward-looking statements This presentation contains forward-looking statements, including statements regarding: trends in commodity prices and currency exchange rates; demand for commodities; plans, strategies and objectives of management; closure or divestment of
Slide 3: Ken MacKenzie, Chairman
For personal use only Ken MacKenzie Chairman
Slide 4: Set up for success
Set up for success For personal use only Simpler Stronger More efficient More disciplined
Slide 5: Value and returns
Value and returns Set for success For personal use only Net debt below target Increased returns to shareholders (US$ billion) (US$ billion) ~US$17 bn 30 9 18 Onshore US proceeds 20 6 New target range (IFRS 16) $12-17 bn 10 3 0 0 FY16 FY17 FY18 FY19 FY20e FY16 FY17 FY18 FY19 Minimum dividend Addition
Slide 6: Safety, Portfolio, Capital discipline, Capability and culture, Social value
Safety Portfolio Capital Capability Social discipline and culture value For personal use only 6
Slide 7: For personal use only
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Slide 8: Portfolio
Portfolio For personal use only Our assets are low cost, produce high quality products and have strong development potential.
Slide 9: Capital discipline
Capital discipline For personal use only Capital Allocation Framework Capex below US$8 billion for FY2020 Returned a record US$17 billion to shareholders Six major projects under development
Slide 10: Capability and culture
Capability and culture For personal use only
Slide 11: Your Board
Ken Andrew Anita Your Board MacKenzie Mackenzie Frew For personal use only Terry Shriti Malcolm Susan Bowen Vadera Broomhead Kilsby Carolyn Ian John Lindsay Hewson Cockerill Mogford Maxsted
Slide 12: Carolyn Hewson
For personal use only Carolyn Hewson
Slide 13: For personal use only
For personal use only
Slide 14: Safety, Portfolio, Capital discipline, Capability and culture, Social value
Safety Portfolio Capital Capability Social discipline and culture value For personal use only 14
Slide 15: Andrew Mackenzie, Chief Executive Officer
For personal use only Andrew Mackenzie, Chief Executive Officer
Slide 16: Safety
Safety For personal use only Safety is our top priority Contractor management framework Field Leadership program Technology Culture of chronic unease
Slide 17: For personal use only
For personal use only
Slide 18: Our purpose
For personal use only Our purpose: To bring people and resources together to build a better world 18
Slide 19: For personal use only
For personal use only
Slide 20: Sustainability
For personal use only Sustainability
Slide 21: Climate change
For personal use only Climate change
Slide 22: For personal use only
For personal use only
Slide 23: Strong FY2019 results
Strong FY2019 results For personal use only EBITDA of US$23 billion at a margin of 53 per cent Free cash flow of US$10 billion Return on capital employed of 18 per cent1 Set-up for success 1. Excluding Shale
Slide 24: Transformation
For personal use only Transformation
Slide 25: For personal use only
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Slide 26: For personal use only
For personal use only
Slide 27: For personal use only
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