Annual Shareholders Meeting Presentation

Southern Charter Financial
Group Limited
Annual Meeting
30 September 2021

Agenda
•Welcome and Introductions
•Formalities
•Presentation to Shareholders
•Q&A Discussion
•Resolutions

Formalities
•To help us hold an effective virtual meeting we would appreciate if all
questions can be held until after the resolutions have been presented.
•Attendance of the virtual meeting has been left open for all interested to be
able to attend.
•The ensure that voting is accounted for correctly, all votes will be required
to be submitted electronically. For shareholders who have not voted yet via
Link, but still wish to do so after the meeting, please forward your
completed voting form to john.cilliers@outlook.co.nzby no later than 4pm
today. (contact John if you need a form)

Review of the year ended 31 March 2021
•Reduction in interest income as result of
lower bank interest rates
•Expenses substantially related to the
maintenance of the listed company and
evaluation of suitable businesses for
acquisition
•Reduction in expenses mainly as less
legal costs incurred on due diligence
activities
•There were no changes in the number of
shares on issue
•No impact from Covid-19 during the year,
but could limit directors’ ability to travel
for due diligence activities when/if
required
2021
$
2020
$
Interest income25,25651,459
Administrative
expenses
142,872211,336
Net loss117,616159,877
Net assets2,154,5382,279,864
Cash and Term
deposits
2,120,8972,244,497

Future Outlook
•The Board is actively looking at business opportunities to invest in and/or
acquire through a reverse takeover transaction
•The Board, with support from the majority shareholder, continues to
investigate all credible investment opportunities that may present
themselves and are hopeful of having a transaction underway in the near
term
•Covid 19 is impacting many businesses, either positively or negatively
depending on their industry. It can increase risk of sustainability during
lockdowns, but also poses upside opportunity in many businesses. A
considered longer term view on sustainable growth and profitability is
required in assessing suitable investments.
•We will keep shareholders advised on any developments

Resolution 1
John Cilliers retires in accordance with the provisions of the Constitution of the Company and
offers himself for re-election as a director. Accordingly, the shareholders of the Company are
requested to consider and, if thought fit, pass the following resolution as an Ordinary
Resolution:
That John Cilliers be re-elected as a director of the Company
ForOpenAgainst
% of Issued
Capital
Abstain
Votes26,033,432403,50005.13%0
Holders1240
Percentage98.47%1.53%0%
Proxies:

Resolution 2
BDO is automatically reappointed at the annual meeting as the auditor of the Company under
section 207T of the Companies Act. This resolution authorises the Board to fix the fees and
expenses of the auditor.
Ordinary Resolution:
That the Board is authorised to fix the remuneration of the Company’s auditors for the
forthcoming year.
ForOpenAgainst
% of Issued
Capital
Abstain
Votes26,033,432403,50005.13%0
Holders1240
Percentage98.47%1.53%0%
Proxies:

Questions

Thank you