Coronado Global Resources Inc. · ASX:CRN
Coronado Global Resources — Shareholder Meeting (June 2024)
36 slides from Coronado Global Resources's shareholder meeting presentation, Jun 6, 2024
Slide 1: 2024 Annual General Meeting of Stockholders: Presentation
ASX Announcement 6 June 2024 2024 Annual General Meeting of Stockholders: Presentation Coronado Global Resources Inc (“Coronado”, ASX: CRN) is pleased to provide a copy of the 2024 Annual General Meeting: Presentation to be delivered at the Annual General Meeting of Stockholders (AGM) at 10.00AM on
Slide 2: 2024 Annual General Meeting Presentation
For personal use only Bill Koeck Douglas Thompson Deputy Chair and Lead Independent Managing Director & CEO 2024 Annual General Meeting Presentation Non-Executive Director 6 June 2024 All units in U.S. dollars and metric tonnes, unless otherwise stated
Slide 3: Chairman's Address
For personal use only Chairman’s Address Bill Koeck Deputy Chair and Lead Independent Non-Executive Director (presenting on behalf of the Executive Chair Gerry Spindler) 2024 Annual General Meeting 2
Slide 4: A leading international producer of high-quality metallurgical coal
For personal use only A leading international producer of high-quality metallurgical coal, an essential element in the production of steel. 2024 Annual General Meeting 3
Slide 5: 2023 Highlights
2023 Highlights Higher waste and ROM coal production rates; For personal use only Met Coal Organic Growth plans progressing Solid operational Prudent Organic Group Safety performance capital Growth Plans Progressing Total delivering Group progressing to emission management Recordable record waste Re
Slide 6: Passionately committed to the health & safety of our people
For personal use only Passionately committed to the health & safety of our people 2024 Annual General Meeting 5
Slide 7: Health and Safety: Our People, Our Highest Priority
Health and Safety Our People, Our Highest Priority For personal use only Australian Operations (TRIFR) 10 Australian Operations Industry Average 8 6 -79% 4 2 0 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Oct-23 Jan-24 US Operations (TRIR) 4 U.S. Operations Industry A
Slide 8: 2023 Sustainability Snapshot
2023 Sustainability Snapshot For personal use only Curragh North rehabilitation works completed Group safety performance improved by 45%; Best Group 45% safety performance since April 2018 60ha 60 hectares of land rehabilitated; Total land rehabilitated Group safety performance improved by 45%; Best
Slide 9: Buchanan Ventilation Air Methane (VAM) Abatement Projects
Buchanan Ventilation Air Methane (VAM) Abatement Projects For personal use only 30% reduction on track. Proven technology delivering tangible reduction in emissions VAM units utilise the latest technology (RTO – Reductive Thermal Oxidation) to convert fugitive methane gas emissions to CO2. Since com
Slide 10: Curragh Gas Project
Curragh Gas Project Wells Operational; Surface production facility installation For personal use only works complete Curragh’s gas project is targeting the capture and beneficial use of open-cut waste mine coal gas from operations, with priority downstream use cases being for power generation and us
Slide 11: Substantial Economic Contributions
Substantial Economic Contributions For personal use only Second highest annual Group Revenue More than $2.9 billion delivered in total economic contributions to society and communities in which we operate $630 million paid in corporate taxes, government royalties and rebates QLD Government royalties
Slide 12: Coronado's Capital Management Strategy
Coronado’s Capital Management Strategy For personal use only 1. Strong Balance Sheet Maintaining a strong balance sheet with enhanced liquidity and prudent debt levels. 2. Shareholder Returns Fundamental strategy is to return funds to Shareholders. 3. Organic Growth Prioritise growth expenditure pro
Slide 13: Value Enhancement – a well advanced executable plan
Value Enhancement – a well advanced executable plan Higher Tonnages / Lower Costs / Lower Capex / Higher Margins For personal use only Estimated Saleable Production (Mmt) Estimated Mining Costs / tonne Estimated Capital Expenditure ➢ Higher Margins forecast from higher Met Coal sales volumes and low
Slide 14: At Coronado - Steel Starts Here
At Coronado - Steel Starts Here Met Coal underpins the primary Steel production method in Asia and Globally through 2050 For personal use only Total Global Crude Steel Production (Bt) Total Global Crude Steel Total Asia Crude Steel Production Method Production Method +16% 2.2 20% 28% 2024 2024 72% 8
Slide 15: Chief Executive Officer's Address
For personal use only Chief Executive Officer’s Address Douglas Thompson Managing Director and CEO 2024 Annual General Meeting 14
Slide 16: Coronado – Proven Path of Success (Video)
Coronado – Proven Path of Success (Video) For personal use only 2024 Annual General Meeting 15
Slide 17: FY 2024 Guidance and Key Strategic Focus Areas
FY 2024 Guidance and Key Strategic Focus Areas Asset optimisation of our existing assets and continued investment in highly accretive organic For personal use only growth projects are our key strategic focus areas Metric Actual Guidance (metric tonnes / U.S. dollars) FY 2023 FY 2024 Coronado Strateg
Slide 18: Mammoth Underground
Mammoth Underground Incremental Met coal uplift ~2 Mtpa, 2nd cost quartile, Low Capex For personal use only Coal Reserve, Quality and Mining Method Underground Bord and Pillar operation; Access utilizing existing open cut pit highwall in S-Pit Substantial high-quality Met coal reserve 41 million
Slide 19: Organic Growth - Buchanan
Organic Growth - Buchanan Buchanan capital works remain on target underpinning U.S. growth plans to produce 7.0Mtpa by 2025 For personal use only Mining underway in the newly developed South District, utilising new equipment. Capital works continue to invest in the construction of a new surface
Slide 20: Coronado Investment Proposition
Coronado Investment Proposition For personal use only Shareholder Value Critical Commodity Operational Excellence Capital Management • Met Coal is a critical material found • Completed significant investment in • Strong Balance Sheet with in every renewable energy transition waste movement deficit –
Slide 21: Formal Business of The Meeting
For personal use only Formal Business of The Meeting Bill Koeck Deputy Chair and Lead Independent Non-Executive Director 2024 Annual General Meeting 20
Slide 22: Items of Business
Items of Business The proposals for the Annual General Meeting are as follows: For personal use only Resolution by Holder of Preferred Stock Series A Item 1: Election of Series A Director Nominee Ms Laura Tyson Resolutions by Holders of Common Stock Item 2: Election of Seven Director Nominees
Slide 23: Item 1: Election of Series A Director Nominee Ms Laura Tyson
Item 1: Election of Series A Director Nominee Ms Laura Tyson For personal use only The Holder of the Series A Share is being asked to vote on the following proposal: ‘Ms Laura Tyson, the director nominee designated by the EMG Group, be elected as a non-executive Director of the Company to hold offic
Slide 24: Item 1: Election of Series A Director Ms Laura Tyson (continued)
Item 1: Election of Series A Director Ms Laura Tyson (continued) For personal use only Summary of Proxies Received (at proxy close, 10am (AEST) June 3, 2024) Voted % Election of Ms Laura Tyson For 100% Withheld 0% Note: AEST refers to Australian Eastern Standard Time. 2024 Annual General Meeting 23
Slide 25: Item 2: Election of Directors
Item 2: Election of Directors For personal use only Mr Garold (Gerry) Spindler Mr William (Bill) Koeck Mr Douglas Thompson Ms Aimee R. Allen Executive Chair Deputy Chair and Lead Managing Director and Chief Independent Non-Executive Independent Non-Executive Executive Officer Director Director Mr Ph
Slide 26: Item 2: Election of Directors (continued)
Item 2: Election of Directors (continued) For personal use only Stockholders are being asked to consider the following proposal, that: ‘Each of the seven director nominees of the Company listed below be elected to serve until the 2025 Annual General Meeting of stockholders of the Company or until th
Slide 27: Item 2: Election of Directors (continued)
Item 2: Election of Directors (continued) Summary of Proxies Received (at proxy close, 10am (AEST) June 3, 2024) For personal use only Voted % 1. Mr Garold (Gerry) Spindler For 99.747% Withheld 0.249% Open-Usable/Discretion 0.004% 2. Mr Douglas G. Thompson For 99.879% Withheld 0.117% Open-Usable/Dis
Slide 28: Item 3: Advisory Approval of Named Executive Officers' Compensation
Item 3: Approval on a Non-binding Advisory Basis of Named Executive Officers’ Compensation For personal use only Stockholders are being asked to consider the following proposal, to: ‘Resolve to approve on a non-binding advisory basis of the compensation of the Company’s named executive officers, as
Slide 29: Item 3: Named Executive Officers' Compensation (continued)
Item 3: Approval on a Non-binding Advisory Basis of Named Executive Officers’ Compensation (continued) For personal use only Summary of Proxies Received (at proxy close, 10am (AEST) June 3, 2024) Votes (%) For 97.522% Against 2.455% Abstain 0.020% Open-Usable/Discretion 0.004% Note: AEST refers to A
Slide 30: Item 4: Ratification of Independent Registered Public Accounting Firm
Item 4: Ratification of Appointment of Independent Registered Public Accounting Firm for Fiscal Year Ending December 31, 2024 For personal use only Stockholders are being asked to consider the following proposal: ‘Resolve to ratify the appointment of Ernst & Young as the Company’s independent regist
Slide 31: Item 4: Ratification of Accounting Firm (continued)
Item 4: Ratification of Appointment of Independent Registered Public Accounting Firm for Fiscal Year Ending December 31, 2024 (continued) For personal use only Summary of Proxies Received (at proxy close, 10am (AEST) June 3, 2024) Votes (%) For 99.948% Against 0.030% Abstain 0.019% Open-Usable/Discr
Slide 32: Contacts
Contacts For personal use only Investors Registered Office Media Andrew Mooney Coronado Global Resources Inc. Helen McCombie Vice President Investor Morrow Sodali Relations & Communications Level 33, Central Plaza One 345 Queen Street +61 411 756 248 +61 458 666 639 Brisbane, QLD, Australia, 4000 h.
Slide 33: Supplementary Information
For personal use only Supplementary Information 2024 Annual General Meeting 32
Slide 34: Important Notices and Disclaimer
Important Notices and Disclaimer For personal use only The material contained in this presentation is intended to be general background information on Coronado Global Resources (Coronado) and its activities. The information is supplied in summary form and is therefore not necessarily complete. It is
Slide 35: Reconciliation of Non-GAAP measures
Reconciliation of Non-GAAP measures For personal use only Total consolidated mining costs per tonne reconciliation (US$ For the year ended Net cash reconciliation 31 December 2023 thousands, except for volume data) 31 December 2023 (US$ thousands) Cash and cash equivalents 339,294 Total costs and ex
Slide 36: For personal use only
For personal use only https://coronadoglobal.com/sustainability/
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