NobleOak Life Ltd · ASX:NOL
NobleOak Life — Shareholder Meeting (November 2023)
22 slides from NobleOak Life's shareholder meeting presentation, Nov 23, 2023
Slide 1: 2023 Annual General Meeting
For personal use only AUSTRALIA’S FASTEST-GROWING DIRECT LIFE INSURER 2023 ANNUAL GENERAL MEETING 23 November 2023
Slide 2: Board of Directors
Board of Directors For personal use only Mr Stephen Harrison Mr Anthony R Brown Mr Kevin Hamman Non-Executive Chairman CEO and Director Deputy Chairman Non-Executive Director Ms Inese Kingsmill Mr Andrew Boldeman Ms Sarah Brennan Non-Executive Director Non-Executive Director Non-Executive Director 2
Slide 3: Agenda and presenters
Agenda and presenters For personal use only 01 Chair’s address 02 CEO’s address Stephen Harrison Non-Executive Chairman 03 Formal business 04 General Q&A 05 Close Anthony Brown Chief Executive Officer 3
Slide 4: Asking a question online
Asking a question online For personal use only 4
Slide 5: Registration and voting
Registration and voting For personal use only To contact support: Call 1300 816 159 5
Slide 6: Chair's address
For personal use only 01 Chair’s address 6
Slide 7: CEO's address
For personal use only 02 CEO’s address 7
Slide 8: FY23 financial highlights
FY23 financial highlights Continued growth in premiums and profits For personal use only In-force premiums1 New business Active policies1 Net insurance premium revenue $315.9m $46.2m 120,000+ $77.6m +24% vs. FY22 -24% vs. FY22 +16% vs. FY22 +22% vs. FY22 In-force premium market share3 New business m
Slide 9: Operational and strategic highlights
Operational and strategic highlights Strong progress on key strategic initiatives For personal use only Australia’s most awarded Market-leading Continued progress direct life insurer customer satisfaction on ESG commitments IT and data transformation to New alliance partnerships Developing market-le
Slide 10: FY24 strategic priorities
FY24 strategic priorities Priorities For personal use only 1 2 3 Build on our position Build and support Optimise the business as Australia’s leading our network of to achieve direct life insurer adviser partners economies of scale Focus areas Acquisition Lapse and Digital Alliance Enhancing Optimis
Slide 11: Trading update and outlook
Trading update and outlook Strong start to FY24, expecting to continue to outperform and gain market share For personal use only Above market • In-force premiums up by 7% to end October, in-force growth • Market sales continuing to improve Margin stability • Underwriting performance remains strong c
Slide 12: Formal business
For personal use only 03 Formal business 12
Slide 13: Financial statements and reports
Financial statements and reports For personal use only To receive and consider the Company's Financial Report, Directors’ Report and the Auditor’s Report for the Company and its controlled entities for the year ended 30 June 2023 13
Slide 14: Resolution 1: Remuneration report
Resolution 1: Remuneration report For personal use only To consider and, if thought fit, pass the following resolution as an ordinary resolution “THAT, for the purposes of section 250R(2) of the Corporations Act and for all other purposes, the Remuneration Report of the Company for the year ended 30
Slide 15: Resolution 2: Re-election of Stephen Harrison
Resolution 2: Re-election of Stephen Harrison For personal use only To consider and, if thought fit, pass the following resolution as an ordinary resolution “THAT Stephen Harrison, a non-executive director of the Company who retires from the office of Director by rotation in accordance with rule 64.
Slide 16: Resolution 3: Re-election of Kevin Hamman
Resolution 3: Re-election of Kevin Hamman For personal use only To consider and, if thought fit, pass the following resolution as an ordinary resolution “THAT Kevin Hamman, a non-executive director of the Company who retires from the office of Director by rotation in accordance with rule 64.1 of the
Slide 17: Resolution 4: Issue of performance rights to CEO under FY24 LTIP
Resolution 4: Issue of performance rights to CEO under FY24 long-term incentive plan To consider and, if thought fit, pass the following resolution as For personal use only an ordinary resolution “THAT, for the purposes of exception 8 of ASX Listing Rule 10.12, ASX Listing Rule 10.14 and all other p
Slide 18: Resolution 5: Approval of increase in Non-Executive Directors' fee pool
Resolution 5: Approval of increase in Non-Executive Directors’ fee pool To consider and, if thought fit, pass the following resolution as For personal use only an ordinary resolution “THAT, pursuant to and in accordance with Listing Rule 10.17 and rule 67.1 of the Company’s Constitution, the maximum
Slide 19: General Q&A
For personal use only 05 General Q&A 19
Slide 20: Close
For personal use only 06 Close 20
Slide 21: Important notice and disclaimer
Important notice and disclaimer CONTENT OF PRESENTATION FOR INFORMATION PURPOSES ONLY For personal use only Forward-looking statements This presentation may contain statements that are, or may be deemed to be, forward-looking statements. Such statements can generally be identified by the use of word
Slide 22: Important notice and disclaimer (continued)
Important notice and disclaimer (continued) CONTENT OF PRESENTATION FOR INFORMATION PURPOSES ONLY For personal use only Presentation of information The financial data in this presentation is provided on a statutory basis but in a non-statutory presentation format (unless otherwise stated). ▪ Currenc