Slide 1: 2023 Annual General Meeting
ASX Announcement Bapcor Limited (ASX: BAP) 17 October 2023 2023 ANNUAL GENERAL MEETING In accordance with ASX Listing Rule 3.13.3, please find attached the following, which will be delivered at Bapcor’s 2023 Annual General Meeting to be held today at 127-139 Link Road, Melbourne Airport: • Chair’s A
Slide 2: Chair's Address
Chair’s Address I am delighted to present Bapcor Limited’s Chair’s report for the year ended 30 June 2023. The 2023 financial year was another successful year for Bapcor. We delivered on our targets, with a dual focus on improving operational performance whilst undertaking the multi- year Better tha
Slide 3: Chair's Address (continued)
team members, customers, and shareholders. Further details on the incentive program can be found in the Remuneration Report contained in our Annual Report. The safety and wellbeing of team members remains of paramount importance for Bapcor. During the year we continued to increase the investment int
Slide 4: Managing Director and CEO Address
Last financial year marked my first full year as Bapcor’s MD and CEO. And what a year it has been for our company, dominated by performance and transformation. I would like to share an update on what we have been up to, and why, like Margie, I am excited for the future of Bapcor. Before I do, I want
Slide 5: Operational Performance
Operational Performance Margie has already provided a high-level overview of our financial performance in FY23 and I echo this view. Bapcor achieved record revenues in 2023, with top-line growth and own brand sales improvements across every business segment. Our highlights include: • Over $2.0 billi
Slide 6: Bapcor's Transformation
Bapcor’s Transformation Now, looking further ahead, Bapcor announced its longer-term strategic transformation, Better Than Before (BTB) in November 2022. BTB is transforming Bapcor from being a good business into an excellent business by unleashing the power of our people, delivering even more for o
Slide 7: Annual General Meeting
BAPCOR LIMITED (BAP.ASX) Annual General Meeting 2023 17 October 2023
Slide 8: Agenda
Agenda 1 Meeting Opening 2 Chair’s Address 3 CEO & MD’s Address 4 Business of the Meeting 2
Slide 9: Meeting Opening
Meeting Opening 3
Slide 10: Acknowledgement of country
Acknowledgement of country Bapcor would like to acknowledge the Traditional Custodians of country throughout Australia. We pay our respect to elders past and present. We recognise the continued connection of all First Nations people with country across Australia, in particular, and on all the land w
Slide 11: Chair's Address
Chair’s Address Margie Haseltine 5
Slide 12: FY23 – Key Outcomes
FY23 – Key Outcomes Dividends (cents per share) 22.0 Record Revenue $2,021.1M 21.5 20.0 Growth in all segments 17.5 17.0 15.5 11.5 11.5 13.0 11.0 Pro Forma NPAT $125.3M 9.5 11.0 9.5 In line with guidance 8.5 8.7 7.5 6.0 4.7 10.0 10.5 Record full year dividend of 22.0 8.0 9.0 7.0 7.5 cents per share
Slide 13: Board Succession
Board Succession Brad Soller Kathryn Spargo Rebecca Dee-Bradbury Independent, Non- Independent, Non- Independent, Non- Executive Director Executive Director Executive Director Chair of the Audit and Member of the Member of the Audit Risk Committee Nomination, and Risk Committee Remuneration and ESG
Slide 14: Our Environmental, Social and Governance Strategy
Our Environmental, Social and Governance Strategy OUR BAPCOR PURPOSE ETHICAL SUPPLY ENVIRONMENTAL GOOD GOVERNANCE & POSITIVELY IMPACTING CHAIN & PROCUREMENT SUSTAINABILITY SUPPORTING AND OUR COMMUNITIES DEVELOPING TEAM MEMBERS › Human Rights and › Net-Zero Emissions › Health, Safety and › Community
Slide 15: Managing Director and CEO's Address
Managing Director and CEO’s Address Noel Meehan 9
Slide 16: We are Asia Pacific's leading provider
We are Asia Pacific’s leading provider of vehicle parts, accessories, >$2.0B c. 1,000 5,500+ FY23 REVENUE LOCATIONS IN TEAM MEMBERS equipment, service and AUSTRALIA, NEW ZEALAND AND solutions THAILAND Australia's leading trade Industry leaders in Premium parts and Services New Zealand’s focused auto
Slide 17: Group Leadership Team – Update
Group Leadership Team – Update Merryl Dooley Kristoff Keele Tracey Wright Chief People and Culture Chief Strategy and Executive General Officer Transformation Manager – Officer Specialist Networks 11
Slide 18: Our FY23 - Performance
Our FY23 - Performance Key Performance Indicators1 Revenue NPAT Store Network $2,021.1M $125.3M 965 9.7% vs FY22 In line with 21 new stores, 3 truck Record revenue Guidance; acquisitions and 7 achieved $131.6M in FY22 franchise conversions Inventory Net Debt TRIFR3 $519.7M $251.7M 13.99 ~$50M like-f
Slide 19: Market & Trading Update
Market & Trading Update Market Trading Revenue growth slowed down since Robust longer-term demand FY23 Results Release to low-single across Bapcor’s markets, but lower digit (YTD), compared to prior year, overall short-term growth: due to short-term market headwinds - More moderate growth in Trade a
Slide 20: Our Transformation
Our Transformation 01. Through Better than Before Identify We have three main goals: 02. Deliver Unleash Drive even more for the power of value for Plan our customers our people shareholders Better than Before is the roadmap to identify, plan, and deliver initiatives that transform our business. 03.
Slide 21: Our Purpose
Our Purpose Be there for Be there for our industry our team members Be there for Be there for Be there for what matters our our customers communities most Be there for Be there for our our business shareholders 15
Slide 22: Business of the Meeting
Business of the Meeting 18
Slide 23: Disclaimer
Disclaimer The material in this presentation has been prepared by Bapcor Limited (“Bapcor”) ABN 80 153 199 912 and is general background information about Bapcor’s activities current at the date of this presentation. The information is given in summary form and does not purport to be complete. Infor
Slide 24: Asia Pacific's leading provider of vehicle parts
Asia Pacific’s leading provider of vehicle parts, accessories, equipment, service and solutions