Slide 1: Market Announcement: 2023 AGM presentations
Computershare Limited ABN 71 005 485 825 Yarra Falls, 452 Johnston Street Abbotsford Victoria 3067 Australia PO Box 103 Abbotsford Victoria 3067 Australia MARKET ANNOUNCEMENT Telephone 61 3 9415 5000 Facsimile 61 3 9473 2500 www.computershare.com Date: 15 November 2023 To: Australian Securities Exch
Slide 2: Annual General Meeting
Wednesday 15 November ANNUAL GENERAL MEETING
Slide 3: Chairman's address
ANNUAL GENERAL MEETING Chairman’s address Paul Reynolds Chairman 2
Slide 4: FY23 Results
FY23 Results Record results, Management EPS +89% versus pcp Management Revenue Management EPS Margin Income (MI) $3.3bn 109.7 cps $792.1m Up 27.2% Up 89.3% Up 323.4% Return on Invested Management EBIT ex. MI Final dividend per share (AUD) Capital (ROIC) 22.7% $258.4m 40 cps1 Up 1,050bps Down 24.9% U
Slide 5: Long term shareholder returns
Long term shareholder returns Financial Performance AUD 25.0% 180 22.7% 161 160 20.0% Since FY18… 140 17.7% 16.7% • Management EPS CAGR 14.4% 120 • Average ROIC 15.4%, new 15.0% 100 peak of 22.7% in FY23 AU cents 12.2% 12.2% ROIC 98 10.9% 80 • Dividend Per Share CAGR 10.0% 82 83 80 11.8% 70 68 60 •
Slide 6: Working towards our ESG goals
Working towards our ESG goals Doing the right thing by shareholders, customers, employees and communities Environment Continued to identify further Created our first five-year Carbon footprint for FY23: 110,521 t opportunities to help our clients with decarbonisation action plan (to reduce CO2 down
Slide 7: CEO's address
ANNUAL GENERAL MEETING CEO’s address Stuart Irving Chief Executive Officer and President
Slide 8: Computershare's integrated business model
Computershare’s integrated business model Portfolio of recurring core fees, cyclical and transaction based revenues and margin income provides strong earnings growth Vs. PCP Total Revenue and EBIT Margin 3,500 3,304 35.0% 3,000 30.0% 2,597 2,500 2,301 2,357 2,281 2,323 25.0% 1,765 2,000 20.0% USD M
Slide 9: Simplifying Computershare to high quality, global growth businesses
Simplifying Computershare to high quality, global growth businesses Execution underway Core businesses Managed Outcomes Mortgage Services Issuer Corporate Employee Claims Administration Services Trust Share Plans + Others Register Mortgage administration and maintenance, related services. Trust and
Slide 10: Improving the consistency of our earnings
Improving the consistency of our earnings $1.4bn of total hedged margin income “locked in” through disciplined hedging programme – executing plan to reinvest maturing hedges Total Hedged Margin Income ($m) Hedged Book as a % of Exposed Balances $1.4bn FY19 to FY24E 77% of total hedged margin income
Slide 11: FY24 year to date trading update
FY24 year to date trading update Group performing in line with expectations Better than we expected in August In line with August’s expectations Behind August’s expectations Although CCT overall balances c. $1bn higher, MI is behind plan. Employee share plans’ New issuance of debt products Overall G
Slide 12: FY24 Outlook
FY24 Outlook Guidance affirmed; Management EPS expected to be up around 7.5% Guidance › In constant currency, for FY24 we expect: - Management EPS to be up around 7.5%, to around 116 cps1 Management EPS (FY13 – 23 at Actual rates) Key assumptions and sensitivities › Margin Income revenue to be aroun
Slide 13: Financial strength
Financial strength Strong balance sheet facilitates growth investments and return to shareholders Balance Sheet Capacity Investment priorities $2.5bn of capacity by end $166.2m 1.40 Up 42.4% FY24 post buyback 3,000 1. Strategic M&A in core businesses to Margin 1.20 2,500 add scale, enhance offer and
Slide 14: Computershare's commitments
Computershare’s commitments We will continue to invest in We will improve the quality technology and strategic M&A and consistency of earnings by to strengthen our core executing a prudent hedging businesses programme through the cycle We will maintain a strong financial position and balance growth
Slide 15: Important notice
Important notice Summary information › This announcement contains summary information about Computershare and its activities current as at the date of this announcement. › This announcement is for information purposes only and is not a prospectus or product disclosure statement, financial product or