Advance ZincTek Limited · ASX:ANO
Advance ZincTek — Antaria — Shareholder Meeting (November 2013)
16 slides from Advance ZincTek's shareholder meeting presentation, Nov 19, 2013
Slide 1: Annual General Meeting Shareholder Presentation
For personal use only ANTARIA LIMITED ANNUAL GENERAL MEETING SHAREHOLDER PRESENTATION 18 NOVEMBER 2013
Slide 2: Company Overview
Company Overview For personal use only Directors Rade Dudurovic (Non-Executive Chairman) Ron Higham (Chairman of Audit and Risk Committee) Paul Pisasale (Chairman of Nomination and Remuneration Committee) Company Secretary Geoff Fussell Staffing – reduction from 31 three years ago to 14 Sales + Admi
Slide 3: Progress So Far
Progress So Far For personal use only People Change in Board composition Implementing cultural change – focus on financial outcomes Product New Merck agreement Finalised ZinClear-XP Powder specifications with first commercial orders received and sales to commence in December 2013 Implementing improv
Slide 4: Alusion Update
Alusion Update For personal use only Merck KGaA Leading pharmaceutical and life sciences company Exclusive right to market and distribute Alusion globally Executed new two (2) year Licence and Development Agreement fixed minimum price “take or pay” up to 40 tonnes per annum Annual extensions after t
Slide 5: ZinClear Update
ZinClear Update For personal use only Industry Overview UV filters increasingly being introduced into daily wear cosmetics and hair care products – significantly larger opportunity than sunscreens Organic (i.e. chemical) filters predominate Zinc offers “natural” mineral broad spectrum protection (i.
Slide 6: ZinClear Update
ZinClear Update For personal use only Global Distribution Network of international distributors for ZinClear-IM and ZinClear-XP Implementing new distribution model to leverage potential of ZinClear-XP Transition European distributors onto a National Accounts model – will facilitate pan-European sale
Slide 7: Typical ZinClear-XP Product Timetable
Typical ZinClear-XP Product Timetable For personal use only Day 1 3 months 6 months 9 months 12months ZinClear-XP Formulation • Consumer testing • Production trials and Commercial samples sent to trials to produce • Regulatory scale up for production to customers trial product compliance commercial
Slide 8: Company Strategy
Company Strategy For personal use only Developed via a number of Board strategy meetings and direct customer interaction Grow Alusion revenues in FY 14, FY 15 and FY16 Ensure Alusion and ZinClear-IM revenues are sufficient to fund operating costs and overhead until ZinClear-XP revenue “kicks in” in
Slide 9: Priorities – FY14
Priorities – FY14 For personal use only Increase Alusion production volumes Commence commercial production of ZinClear-XP Appoint additional distributors in Americas and implement national accounts model in Europe Strengthen product development team without increasing employee head count Target impr
Slide 10: Financial Snapshot
Financial Snapshot For personal use only Significant growth in Alusion revenues Operating costs are declining Monthly “Run Rate” as at June 2012 as at June 2013 as at June 2014 ($000) Actual Actual Forecast Alusion Margin 40 90 230 Operating Costs 500 400 300 Reliance on revenue from ZinClear (IM an
Slide 11: Financial Report, Remuneration Report, Election of Directors
Formal Business For personal use only Financial Report Remuneration Report Election of Directors Paul Pisasale Ron Higham Other Business
Slide 12: Financial Report
Formal Business For personal use only Financial Report “To receive and consider the financial report of the Company and the reports of the Directors and Auditors for the year ended 30 June 2013”
Slide 13: Remuneration Report
Formal Business For personal use only Remuneration Report Resolution 1 To consider and, if thought fit, pass the following as a non-binding ordinary resolution. “That the Company’s Remuneration Report for the financial year ended 30 June 2013 is approved” Proxies Received Voted % For 54,362,310 99.5
Slide 14: Election of Directors
Formal Business For personal use only Election of Directors Resolution 2 To consider and, if thought fit, pass the following ordinary resolution. “That Mr Paul Pisasale, having been appointed a Director since the last annual general meeting of the Company, in accordance with the Constitution, ceases
Slide 15: Election of Directors
Formal Business For personal use only Election of Directors Resolution 3 To consider and, if thought fit, pass the following ordinary resolution. “That Mr Ron Higham, having been appointed a Director since the last annual general meeting of the Company, in accordance with the Constitution, ceases to
Slide 16: Other Business
Formal Business For personal use only Other Business Q&A