Chorus Limited · NZX:CNU
Chorus — Shareholder Meeting (November 2018)
15 slides from Chorus's shareholder meeting presentation, Nov 1, 2018
Slide 1: Annual Meeting 1 November 2018
ANNUAL MEETING 1 November 2018
Slide 2: Agenda
Agenda > Chairman’s Introduction & Address > CEO Address > Resolutions > Shareholder Discussion & Questions > Morning tea 2 1 November 2018
Slide 3: Your Board
Your Board 3 1 November 2018 ANNUAL MEETING
Slide 4: FY18 results overview
FY18 results overview 4 1 November 2018 ANNUAL MEETING
Slide 5: CEO Address
CEO Address ANNUAL MEETING 1 November 2018
Slide 6: Looking back…
Looking back… > In late 2011 when we > In September 2018 we started the UFB rollout, achieved 50% uptake and our contractual target was fibre connections were 40% of 20% fibre uptake by our broadband connections the end of 2019 6 1 November 2018 ANNUAL MEETING
Slide 7: One year on…
One year on… Sept 2017 Sept 2018 Chorus customers on high speed broadband (fibre or VDSL) 53% 66% Average broadband speed 59Mbps 87Mbps Average monthly home data usage 162GB 221GB Average monthly data usage - fibre 251 GB 307GB NZ residential connections on unlimited 62% 71% plans (Statistics NZ) 7
Slide 8: www.chorus.co.nz/streambig
8 25 October 2018 INTRODUCING CHORUS www.chorus.co.nz/streambig
Slide 9: 40% growth in traffic peak: Sept 2017-2018
40% growth in traffic peak: Sept 2017-2018 Average Peak Throughput - September 1.8 Fortnite effect: record peak traffic 1,792Gbps 1.6 on 12 July 2018 2018 2017 1.4 Network throughput 1.2 (Tbps) 1 0.8 0.6 0.4 0.2 Daily peak time for 0 throughput is ~9pm Time of day 9 1 November 2018 ANNUAL MEETING
Slide 10: Surging fibre demand drove rapid growth in workforce
Surging fibre demand drove rapid growth in workforce 450,000 800 400,000 700 350,000 600 Total number Number of of UFB 300,000 connection 500 connections 250,000 crews 400 200,000 300 150,000 200 100,000 50,000 100 0 0 FY12 FY13 FY14 FY15 FY16 FY17 FY18 UFB connections Connection crews 10 1 November
Slide 11: FY18 Full Year Result
11 27 August 2018 FY18 FULL YEAR RESULT
Slide 12: Resolutions
Resolutions ANNUAL MEETING 1 November 2018
Slide 13: Resolutions
Resolutions 1. That Dr Patrick Strange be re-elected as a Chorus director 2. That Ms Anne Urlwin be re-elected as a Chorus director 3. That Mr Murray Jordan be re-elected as a Chorus director 4. That the Board be authorised to fix the fees and expenses of KPMG as auditor 13 1 November 2018 ANNUAL ME
Slide 14: Any questions?
Any questions? 14 1 November 2018 ANNUAL MEETING
Slide 15: Disclaimer
Disclaimer This presentation: • Is provided for general information purposes and does not constitute investment advice or an offer of or invitation to purchase Chorus securities. • Includes forward-looking statements. These statements are not guarantees or predictions of future performance. They inv