Noumi Limited · ASX:NOU
Noumi — Shareholder Meeting (November 2024)
26 slides from Noumi's shareholder meeting presentation, Nov 12, 2024
Slide 1: 2024 Annual General Meeting Presentation and Addresses
Noumi Limited 8a Williamson Road Ingleburn NSW 2565 Australia ABN 41 002 814 235 12 November 2024 ASX Market Announcements ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 For personal use only 2024 Annual General Meeting Presentation and Addresses Noumi Limited (ASX: NOU) provides the f
Slide 2: Noumi Limited 2024 Annual General Meeting
For personal use only Noumi Limited 2024 Annual General Meeting 12 November 2024
Slide 3: Important notice and disclaimer
Important notice and disclaimer For personal use only Summary Information Only This presentation criteria contains general information about Noumi Limited and its consolidated entities (“Noumi Limited”) and its activities current as at the date of this presentation. It is provided in summary and doe
Slide 4: Noumi – Key Manufacturing Sites
Noumi – Key Manufacturing Sites For personal use only Dairy & Nutritionals Plant-based Milks Shepparton, VIC Ingleburn, NSW • Noumi Nutritionals is a leading Australian • Our state-of-the-art facility in Ingleburn, manufacturer of quality long life dairy New South Wales specialises in the products a
Slide 5: Our Brands
Noumi has a broad portfolio of strong Our Brands brands that meet differing consumer needs and occasions across multiple markets. For personal use only 4
Slide 6: Introduction
For personal use only Introduction Chair: Genevieve Gregor Noumi Limited | 2024 Annual General Meeting 5
Slide 7: Agenda
Agenda For personal use only INTRODUCTION 01 CHAIR’S ADDRESS 02 CEO’S ADDRESS 03 FORMAL BUSINESS 04 CLOSING REMARKS 05 Noumi Limited | 2024 Annual General Meeting 6 Noumi Limited | 2024 Annual General Meeting 6
Slide 8: Chair's Address
For personal use only Chair’s Address Genevieve Gregor Noumi Limited | 2024 Annual General Meeting 7
Slide 9: FY24 operational progress
FY24 operational progress For personal use only Adjusted operating EBITDA up 22.2% on FY23 Plant-based Milks launches new channel and geography expansion initiatives Milklab brand growth 9.9% across plant and dairy Dairy & Nutritionals domestic improvements offset by global headwinds Vital Strength
Slide 10: The Healthier Tomorrow Plan
The Healthier Tomorrow Plan For personal use only We aim to continuously improve our environmental footprint for future generations. Focus areas We aim to create Waste and Packaging products to improve • We are minimising the waste we consumers’ and communities’ generate, maximising recyclable nutri
Slide 11: Key Achievements Create a Platform for the Future
Key Achievements Create a Platform for the Future For personal use only Stability of leadership – reflected in results and strategy Resolution of legacy issues signals end of Reset phase Planning begins for Convertible Note maturity Accelerate growth initiatives – plan with confidence Longer term tr
Slide 12: CEO's Address
For personal use only CEO’s Address Michael Perich Noumi Limited | 2024 Annual General Meeting 11
Slide 13: For personal use only
For personal use only NoumiNoumi Limited Limited | 2024| Annual 2024 Annual General General Meeting Meeting 12
Slide 14: Strategy
For personal use only Strategy Noumi Limited | 2024 Annual General Meeting 13
Slide 15: Continued Development in our Team
Continued Development in our Team For personal use only Safety improved 21% in lead safety measures with investment training and education to drive a safety culture Over 500 talented team members around the globe Increased participation in engagement survey and leadership workshops continue to devel
Slide 16: Strategy Shifting to Growth
Strategy Shifting to Growth For personal use only Reset Achievements – ASIC litigation closed. Class action awaiting Court approval Transformation Achievements – Dairy & Nutritionals Long-life milk profitability improves. Yield and key branded products positive YoY. Transformation Challenges – Globa
Slide 17: Our Growth Strategy
Our Growth Strategy Develop high quality and innovative dairy and plant products to meet the different nutrition and taste needs of customers and consumers across life stages For personal use only Complete the Accelerate Deliver Embed Strategic Future Growth Pillars Dairy & Nutritionals Plant–based
Slide 18: Formal Business
For personal use only Formal Business Noumi Limited | 2024 Annual General Meeting 17
Slide 19: Q&A
For personal use only Q&A Noumi Limited | 2024 Annual General Meeting 18
Slide 20: Imagining a healthier tomorrow
noumi. Imagining a healthier tomorrow
Slide 21: Chair's Address
Noumi Ltd 2024 Annual General Meeting Chair and CEO Addresses CHAIR’S ADDRESS Ladies and Gentlemen, good morning. It is now 11:00am and I have been informed by the Company Secretary that a quorum is present and so I declare the 2024 Annual General Meeting of shareholders of Noumi Limited open. My na
Slide 22: For personal use only
At this meeting, Stuart Black and Tim Bryan will be standing for re-election. The Board unanimously supports their re-election for the reasons set out in the Notice of Meeting and explanatory memorandum (noting that they each abstained with respect to the vote in connection with their own re-electio
Slide 23: For personal use only
Across the business, our solid performance has continued into FY25, with our September quarter activity statement showing continued growth. Turning to our Environmental, Social and Governance – or ESG commitments, a key component of the reset of the business was the strengthening of our ESG efforts
Slide 24: For personal use only
For the first time, we feel like we can spend less time looking backwards and more time looking forward, embracing the future with even greater confidence. We will now be able to more confidently plan for our future, including the development of plans beyond the horizon of the key growth initiatives
Slide 25: For personal use only
Turning to our business segments. FY24 was another successful year for the Plant-based Milks segment, with the consistent growth in earnings reflecting the impact of investments over the past two years in product innovation, marketing and the Company’s own field sales team. Noumi’s flagship brand, M
Slide 26: For personal use only
the current conditions. In the meantime, we will remain keenly focused on ensuring our operations are as efficient, productive and resilient as possible. Consumer Nutritionals delivered improved results in FY24, including revenue growth of 9.8% over FY23 on the back of successful new product launche