Centrica Plc · LSE:CNA
Centrica — Shareholder Meeting (May 2019)
13 slides from Centrica's shareholder meeting presentation, May 13, 2019
Slide 1: Welcome to the Centrica plc Annual General Meeting
centrica Welcome to the Centrica ple Annual General Meeting 13 May 2019 Please ensure all devices are switched off or put into ‘Airplane’ mode
Slide 2: Charles Berry, Non-executive Chairman
centrica Charles Berry Non-executive Chairman
Slide 3: Iain Conn, Group Chief Executive
centrica lain Conn Group Chief Executive
Slide 4: Current trading environment
centrica Current trading environment * Regulatory intervention and the default tariff cap in the UK * Falling UK natural gas prices * Extended outages at the Hunterston B and Dungeness B nuclear power stations * Warm weather in first four months of 2019 8 Annual General Meeting 2019
Slide 5: 2018-20 focus — performance delivery and financial discipline
centrica 2018-20 focus — performance delivery and financial discipline * Demonstrating customer-led gross margin growth * Driving cost efficiency towards being ‘most efficient price-setter’ * Improving organisational effectiveness * Securing the capabilities we need for 2020 and beyond * Maintain ca
Slide 6: The energy transition
centrica The energy transition * Energy industry undergoing fundamental changes - Decentralisation and decarbonisation of the energy system - Increased choice and power shifting to the customer - Advancements in digitalisation and technology * Centrica’s strategy based around these changes * Focus o
Slide 7: Technology and solutions for customers
centrica Technology and solutions for customers Digital experience Personalisation More choice 400 Days of Free POWER Booking my job a 7 — | => engineer? a7 wel paring my That's the #powerof100 oops Rewards How did we do? Distributed Energy mo e & Power 1 oA Ss Connected Home 11 Annual General Meeti
Slide 8: UK / Non-UK split
UK Non-UK 100% 100% 75% 75% 50% 50% 25% 25% 0% 0% 2018 gross revenue 2018 adjusted operating profit Customer accounts as at 31/12/18 Employees as at 31/12/2018. Shaded countries indicate employees present
Slide 9: Centrica's climate change ambition and targets
centrica Centrica’s climate change ambition and targets abling all our customers to use energy more sustainably’ Help our customers reduce Enable a decarbonised Reduce our own emissions in line with Paris emissions in line with Paris goals 2022 Help our customers reduce their emissions by 15%, by di
Slide 10: 2018 performance
centrica 2018 performance * Mixed safety performance * Delivered better customer outcomes * Developing capabilities and demonstrating growth potential in customer-facing divisions * Adjusted operating cash flow and net debt within target ranges * Further strong cost efficiency progress 14 Annual Gen
Slide 11: 2019 performance and outlook
centrica 2019 performance and outlook * Operational performance to date largely in line with expectations * Challenging trading environment in the first four months of 2019 * Focus on things we can control — customer service and new propositions, growing revenue and margin, cost efficiency, capital
Slide 12: Resolutions
Resolutions 1. Report and Accounts 13. Re-election of Director – Carlos Pascual 2. Remuneration Report 14. Re-election of Director – Steve Pusey 3. Dividend 15. Re-election of Director – Scott Wheway 4. Election of Director – Charles Berry 16. Re-appointment of Auditors 5. Election of Director – Ric
Slide 13: Annual General Meeting
centrica Annual General Meeting Please put your completed Poll Card in one of the boxes on your way out of the meeting room 18 Annual General Meeting 2019