Praemium Ltd · ASX:PPS
Praemium — Shareholder Meeting (November 2006)
28 slides from Praemium's shareholder meeting presentation, Nov 21, 2006
Slide 1: A : TANT, Lae a a
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Slide 2: Welcome and introductions
\gen ° Welcome and introductions « The last 15 months and prospects: -- Chairman and CEO * The financial report * Election of directors ¢ Remuneration report « Remuneration of non-executive directors * Any other business
Slide 3: Chairman's Report: Key Achievements
Key A tl hairman’s Repo .chievements Pty Ltd to public company in December 2005 Capital raising of $18.63 million in May 2006 ASX listing, at a premium, on 11 May 2006 PAS: upgrade/strong growth SMA: launch/early growth UK business: setting the foundations 6 premium NE premiuw pro factis
Slide 4: Chairman's Report: Key Financial Details
hairman’s Report Key Financial Details tl ts Net loss for group 2005/2006 = $994,137 Net loss for September quarter 2006 = $1 ,447,1 82 unaudited Revenue for 2005/2006 = $2.65 million Revenue for: — September quarter 2005 = $455,359 ~ September quarter 2006 = $831,358 unaudited 6 premium NE premiuw
Slide 5: Chairman's Report: Key Financial Details continued
airman’s Report Key Financial Details continued ¢ Committed portfolios: ~ June 2005 = 6,237 -- October 2006 = 17,500 unaudited * Funds under administration: ~ June 2005 = $6 billion unaudited -- October 2006 = $15 billion unaudited ¢ Cash at end of September 2006 = $15 million ¢ praemiu
Slide 6: Chairman's Report: Highlights
hairman’s rt Highlights Repo ° Continuing strengthening of PAS, including introduction of Desktop data ¢ Launch/growth of SMA in Australia ¢ Boost to sales/marketing in Australia ¢ Setting the foundations for Praemium in UK 6 premium NE premiuw pro factis
Slide 7: Chairman's Report: Our Strengths
airman’s Report Jur Strengths Leading edge technologies Strong growth of financial services industry Early entry into United Kingdom Outstanding people Cash of $15 million (end September), no debt ¢ premium OSE pemaiuco pro face
Slide 8: CEO's Report: Portfolio Administration System
O’s Report Portfolio Administration System * 286 services signed up (up 30% since 31/3/2006) ° 17,500 portfolios (up 34% since 31/3/2006) ° $831K revenue September Q/E (up 32% since March 2006 quarter) ° Key milestones since float: ~ Won Asgard tender — Signed Ord Minnett ¢ praemiu
Slide 9: Portfolio Administration System continued
Re Portfolio Administration System continued * Rebranded to V-Wrap — Short for Virtual Wrap ~- Consistent with UK branding
Slide 10: Portfolio Administration System continued
> Report Portfo lio Administration System continued * Praemium Desktop in testing -- Industrial strength Market Data functionality ~ Integrating Praemium portfolio functionality ~ Key role is to increase penetration of V-Wrap in existing clients
Slide 11: Number of Clients and Portfolios under management
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Slide 12: CEO's Report: Separately Managed Accounts
EO’s Report Separately Managed Accounts 3 core sign ups — AFS, Count and Tolhurst Noall 24 other sign ups in the last 4 months ~ Momentum is building! Significant lead time to implement once signed ~ Model selection and PDS generation -- Prepare marketing plans and collateral ~ Educate advisors/plan
Slide 13: CEO's Report: UK Business
~EQ’s Report UK Business * UK plan in the process of being executed * UK team core in place (MD, IT, Business, Marketing) * UK advisory board in place ~ Lord Brabourne as Chairman ~ David Harrison and Roland Ward as non-executive Directors ~ Pete Burtonshaw as Managing Director ~ Arthur Naoumidis as
Slide 14: CEO's Report: UK Business
EO’s Report UK Business * Extensive dialogue with UK regulator (FSA) with regard to our authorisation « London office fit out complete — 6 Broadstreet Place — in centre of financial district « Foundation partners in place ~ Argenta Private Capital Limited * Lloyds of London Members Agent * Access to
Slide 15: Financial Report
ancial Report Resolution 1 To receive the financial report, directors’ report and auditor’s report for Praemium and its controlled entities for the year ended 30 June 2006 No vote required ¢ premium OSE pemaiuco pro face
Slide 16: Election of Directors
Election of Directors Resolution 2 To consider and, if thought fit, to pass the following ordinary resolutions: 2A That Christine Silcox, who retires by rotation, is re-elected as a Director of Praemium Limited 2B That Malcolm Taylor, who retires by rotation, is re-elected as a Director of Praemium
Slide 17: Election of Directors: Resolution 2A
Election of Directors Resolution 2A To re-elect Christine Silcox as a Director * For 27,688,730 ° Open 792,920 * Against 0
Slide 18: Election of Directors: Resolution 2A
|Election of Direc Resolution 2A Christine Silcox To re-elect Christine Silcox as a Director
Slide 19: Election of Directors: Resolution 2B
Election of Directors Resolution 2B To re-elect Malcolm Taylor as a Director * For 27,688,730 ° Open 792,920 * Against 0
Slide 20: Resolution 2B
Resolution 2B Malcolm Taylor To re-elect Malcolm Taylor as a Director 6 premium OSE pemaiuco pro face
Slide 21: Remuneration Report Resolution
Resolution 3 n Report That the remuneration report be adopted (Non binding vote) 6 premium NE premiuw pro factis
Slide 22: Proxy Votes: Remuneration Report
Proxy Vot Remuneration Report Resolution 3 To adopt the Remuneration Report « For 26,695,155 ° Open 792,920 * Against 528,575
Slide 23: Remuneration Report Resolution
n Report Resolution 3 To adopt the Remuneration Report
Slide 24: Resolution: Non Executive Directors Remuneration
Resolution 4 That the aggregate total remuneration payable to non executive directors be set at $160,000 per annum 6 premium NE premiuw pro factis
Slide 25: Proxy Votes: Remuneration of Non Executive Directors
Proxy ' Remuneration of Non Executive Directors Resolution 4 To approve the aggregate total remuneration « For 25,216,730 ¢ Open 67,150 * Against 148,500 6 premium NE premiuw pro factis
Slide 26: Resolution: Non Executive Directors Remuneration
Resolution 4 That the aggregate total remuneration payable to non executive directors be set at $160,000 per annum
Slide 27: Other Business
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Slide 28: HIN a i SG : iE
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