Infratil Limited · NZX:IFT
Infratil — Trustpower — Shareholder Meeting (July 2019)
19 slides from Infratil's shareholder meeting presentation, Jul 26, 2019
Slide 1: Annual Meeting | 26 July 2019
Annual Meeting | 26 July 2019
Slide 2: Welcome and agenda for the meeting
Welcome and agenda for the meeting Welcome and Chief Executive Resolutions, Wrap up Afternoon tea presentation Overview including and Questions from the Chair director appointments 2. Trustpower Annual Meeting| 26 July 2019
Slide 3: Paul Ridley-Smith | Chair
Paul Ridley-Smith | Chair
Slide 4: Board governance and committees
• Majority independent directors • Audit & Risk Committee, Governance & Nominations Committee, and People & Remuneration Committee all majority independent directors and all chaired by an independent director 4. Trustpower Annual Meeting| 26 July 2019
Slide 5: Key strategic issues
Key strategic issues Conduct and culture License to operate Electrification of the NZ economy Respect for the environment and local communities 5. Trustpower Annual Meeting| 26 July 2019 Lake Coleridge
Slide 6: Shareholder returns
Shareholder returns Total Shareholder Return since Demerger 200 180 Since 1st November 2016, Trustpower has 160 delivered a Total Shareholder Return (TSR) of over 91%, compared to the NZX50 140 benchmark return of 51.5%. NOTE: TSR includes share price change, and assumes dividends 120 are reinvested
Slide 7: Vince Hawksworth | Chief Executive
Vince Hawksworth | Chief Executive
Slide 8: Proud to be a Tauranga Company that serves all New Zealand
Proud to be a Tauranga Company that serves all New Zealand Durham St Head Office AIMS Games team huddle Lloyd Mandeno reunion tour hosted by Trustpower Trustpower TECT rescue helicopter Trustpower Tauranga Christmas Parade Generation team planting day on Mauao 8. Trustpower Annual Meeting| 26 July 2
Slide 9: Supporting communities throughout New Zealand
Supporting communities throughout New Zealand TOTAL CUSTOMERS BY REGION Bay of Plenty Metro Regional Donated Trustpower vehicle for Community group in Timaru Trustpower’s Oamaru Fire and Steam Festival 22% 48% 29% Trustpower National Community Award Winners, Matipo Wellington Performance Arcade Visi
Slide 10: A focus on excellent customer service
A focus on excellent customer service 0 20 40 60 80 100 Phone Email 2020 YTD Webchat Virtual Agent FY 2019 Trustpower App Online account self service FY 2018 SMS Balance IVR Outages Chat Bot FY 2017 Re-engagement rate of 80% Facebook (pm) 10. Trustpower Annual Meeting| 26 July 2019
Slide 11: Respecting our Environment – being a good neighbour
Respecting our Environment – being a good neighbour Some of our team planting natives on Mauao for the fourth year running. That’s over 6,000 plants to date! 11. Trustpower Annual Meeting| 26 July 2019
Slide 12: Respecting our Environment
Respecting our Environment Our generation business Taking care of our taonga fish species – elver transfers and native birds through habitat improvement and pest trapping. 12. Trustpower Annual Meeting| 26 July 2019
Slide 13: What a great place to work – what great people to work with
What a great place to work – what great people to work with 13. Trustpower Annual Meeting| 26 July 2019
Slide 14: Regulatory environment
Regulatory environment • Interim Climate Change Committee Report published • The Government’s Electricity Price Review • The Electricity Authority’s Transmission Pricing Methodology Page 12 of the Accelerated Electrification report by ICCC, 30 April 2019 14. Trustpower Annual Meeting| 26 July 2019
Slide 15: FY-20 quarter 1 – unfavourable weather conditions
FY-20 quarter 1 – unfavourable weather conditions Wholesale Electricity Prices Generation Volumes (excl KCE) 250 160 200 Monthly average $/MWh @ Haywards 150 140 100 120 50 0 100 Apr-19 Jul-19 Oct-19 Jan-20 Forecast volume at time of original guidance Actual/Current forecast 80 Total Retail Sales Vo
Slide 16: Alan Bickers | Director Richard Aitken | Director
Alan Bickers | Director Richard Aitken | Director
Slide 17: Questions
Slide 18: Thanks!
Slide 19: Disclaimer
Disclaimer While all reasonable care has been taken in the preparation of this presentation, Trustpower Limited and its related entities, directors, officers and employees (collectively "Trustpower") do not accept, and expressly disclaim, any liability whatsoever (including for negligence) for any l