Orica Limited · ASX:ORI
Orica — Shareholder Meeting (December 2021)
25 slides from Orica's shareholder meeting presentation, Dec 16, 2021
Slide 1: 2021 Annual General Meeting
2021 For personal use only Annual General Meeting 16 DECEMBER 2021 Malcolm Broomhead | Chairman Sanjeev Gandhi | Managing Director & CEO DISCLAIMER: THE INFORMATION AND OPINIONS CONTAINED IN THIS PRESENTATION OR EXPRESSED BY THE PRESENTERS ARE FOR INFORMATIONAL PURPOSES ONLY, ARE NOT INVESTMENT OR F
Slide 2: Board of Directors
For personal use only Board of Directors MALCOLM BROOMHEAD, CHAIRMAN 2021 ANNUAL GENERAL MEETING 7
Slide 3: Board of Directors
ORICA Board of Directors For personal use only Maxine Brenner John Beevers Boon Swan Foo Denise Gibson Karen Moses Gene Tilbrook 2021 ANNUAL GENERAL MEETING 8
Slide 4: Chairman's address
For personal use only Chairman’s address MALCOLM BROOMHEAD, CHAIRMAN 2021 ANNUAL GENERAL MEETING 9
Slide 5: Our people have ensured the safety of our operations and fulfilling customers' needs
Our people have ensured the safety of our operations and For personal use only fulfilling our customers’ needs remained our top priorities 2021 ANNUAL GENERAL MEETING 10
Slide 6: Despite the challenges, we achieved key initiatives within our control
Despite the challenges, we were able to achieve the key initiatives within our control For personal use only 2021 ANNUAL GENERAL INSERT TITLE MEETING HERE 11
Slide 7: Responsible business behaviours, processes and transparency are critical
Responsible business behaviours, processes and transparency are For personal use only critical to maintaining the trust of our stakeholders 2021 ANNUAL GENERAL MEETING 12
Slide 8: Net zero ambition by 2050
This year, we took a significant step in our For personal use only sustainability journey and established a net zero ambition by 2050 2021 ANNUAL GENERAL MEETING 13
Slide 9: Confident in continuing Orica's recovery and delivering profitable growth
We are confident in continuing Orica’s recovery and delivering profitable growth and shareholder returns For personal use only 2021 ANNUAL GENERAL MEETING 14
Slide 10: CEO's address
For personal use only CEO’s address SANJEEV GANDHI, MANAGING DIRECTOR & CEO 2021 ANNUAL GENERAL MEETING 15
Slide 11: At Orica, nothing is more important than safety
At Orica, nothing is more important than safety For personal use only 2021 ANNUAL GENERAL MEETING 16
Slide 12: Disciplined approach to our balance sheet and capital management
We maintained a disciplined approach to our balance sheet and capital management For personal use only 2021 ANNUAL GENERAL MEETING 17
Slide 13: Our strategy is to deliver solutions and technology that drive productivity
Our strategy is to deliver solutions and technology that drive productivity for our mining and infrastructure customers across the globe For personal use only 2021 ANNUAL GENERAL MEETING 18
Slide 14: On track for Scope 1 and 2 emissions reduction by 2030
We remain on track to achieve our target of at least 40 per cent reduction in Scope 1 and 2 For personal use only greenhouse gas emissions by 2030 2021 ANNUAL GENERAL MEETING 19
Slide 15: Embedding our refreshed strategy and growth drivers
By embedding our refreshed strategy and growth drivers, we will seize opportunities as the market stabilises For personal use only 2021 ANNUAL GENERAL MEETING 20
Slide 16: Resolutions
For personal use only Resolutions MALCOLM BROOMHEAD, CHAIRMAN 2021 ANNUAL GENERAL MEETING 21
Slide 17: Items of business
Items of business For personal use only Item 1 – Financial Report, Directors’ Report and Auditor’s Report Item 2 – Election of Ms Denise Gibson as a Director Item 3 – Remuneration Report Item 4 – Grant of Performance Rights to the Managing Director & CEO 2021 ANNUAL GENERAL MEETING 22
Slide 18: Financial Report, Directors' Report and Auditor's Report
Item 1 For personal use only Financial Report, Directors’ Report and Auditor’s Report To receive and consider the Financial Report, Directors’ Report and Auditor’s Report for the year ended 30 September 2021ended 30 September 2020. 2021 ANNUAL GENERAL MEETING 23
Slide 19: Re-election of Director – Denise Gibson
Item 2 For personal use only Re-election of Director – Denise Gibson That Denise Gibson, who retires in accordance with Rule 58.1 of the Company’s constitution, being eligible and offering herself for re-election, is re- elected as a Director. 2021 ANNUAL GENERAL MEETING 24
Slide 20: Direct and Proxy votes combined: Denise Gibson
Direct and Proxy votes combined For personal use only Resolution 2 To re-elect Director Denise Gibson For* 322,486,125 Against 727,441 *Includes 2,010,776 ‘open’ proxy votes to be cast by the Chairman of the Meeting Percentage of votes in favour or open = 99.77% 2021 ANNUAL GENERAL MEETING 25
Slide 21: Remuneration Report
Item 3 For personal use only Remuneration Report To adopt the Remuneration Report for the year ended 30 September 2021 2021 ANNUAL GENERAL MEETING 26
Slide 22: Direct and Proxy votes combined: Remuneration Report
Direct and Proxy votes combined For personal use only Resolution 3 Adoption of Remuneration Report For* 316,832,239 Against 6,367,349 *Includes 1,999,009 ‘open’ proxy votes to be cast by the Chairman of the Meeting Percentage of votes in favour or open = 98.03% 2021 ANNUAL GENERAL MEETING 27
Slide 23: Grant of Performance Rights
Item 4 For personal use only Grant of Performance Rights That approval be given for the Grant of Performance Rights to the Managing Director, Sanjeev Gandhi, under Orica’s Long Term Incentive Plan, on the terms summarised in the explanatory notes 2021 ANNUAL GENERAL MEETING 28
Slide 24: Direct and Proxy votes combined: Grant of Performance Rights
Direct and Proxy votes combined For personal use only Resolution 4 Grant of Performance Rights For* 320,768,124 Against 2,308,062 *Includes 1,996,711 ‘open’ proxy votes to be cast by the Chairman of the Meeting Percentage of votes in favour or open = 99.29% 2021 ANNUAL GENERAL MEETING 29
Slide 25: For personal use only
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