BEACON LIGHTING GROUP LIMITED — AGM Information 2024

Oct 21, 2024

ANNUAL GENERAL MEETING 22 OCTOBER 2024

==> picture [1918 x 198] intentionally omitted <==

ANNUAL REPORT

==> picture [132 x 69] intentionally omitted <==

1 FINANCIAL STATEMENTS 2 DIRECTORS’ REPORT AUDITOR’S REPORT FOR THE 3 YEAR ENDING 30 JUNE 2024

ANNUAL GENERAL MEETING 2024

2

PROXY DETAILS

==> picture [132 x 69] intentionally omitted <==

				Resolution Details				Instructions given to validly appointed proxies (as at proxy close)	Instructions given to validly appointed proxies (as at proxy close)	Instructions given to validly appointed proxies (as at proxy close)	Instructions given to validly appointed proxies (as at proxy close)
			Resolution		Resolution Type			For	Against	Proxy’s Discretion	Abstain
			1	Re-Election of Eric Barr	Ordinary			176,563,753 98.15%	3,326,704 1.84%	29,337 0.01%	351,947
			2	Re-Election of Prue Robinson	Ordinary			175,306,975 97.45%	4,583,673 2.54%	29,337 0.01%	351,756
			3	Re-Election of Daniel Palumbo	Ordinary			179,871,246 99.97%	13,267 0.01%	38,527 0.02%	348,701
			4	Adoption of Remuneration Report	Ordinary			38,366,501 71.75%	15,073,960 28.20%	29,337 0.05%	509,707
			5	Glen Robinson Performance Rights Issue	Ordinary			164,383,396 91.56%	15,139,118 8.43%	29,337 0.01%	489,840
			6	Prue Robinson Performance Rights Issue	Ordinary			163,855,336 91.27%	15,660,071 8.72%	29,337 0.01%	496,947

ANNUAL GENERAL MEETING 2024

3

CEO PRESENTATION 22 OCTOBER 2024

==> picture [295 x 1080] intentionally omitted <==

CONTENTS

1 STRATEGIC PILLARS OF GROWTH

2 FY2025 OUTLOOK

3 QUESTIONS

==> picture [132 x 69] intentionally omitted <==

==> picture [839 x 730] intentionally omitted <==

ANNUAL GENERAL MEETING 2024

5

1

• STRATEGIC PILLAR: STORES UPDATE

==> picture [132 x 69] intentionally omitted <==

PROVIDE OUR CUSTOMERS WITH A REWARDING SERVICE EXPERIENCE, THE LATEST RANGE OF LIGHTING AND FANS, INSPIRATIONAL STORE DESIGN,

VIP MEMBER BENEFITS, STORE NETWORK EXPANSION AND OPTIMISATION.

• Dominant retail market position for lighting, fans, and lighting accessories for the Australian home.

• Currently have 127 Beacon Lighting stores, and our store network plan from March 2023 identifies the potential for 195 stores in Australia.

• Opened the Port Stephens (NSW) store and plan to open new stores in Shepparton (VIC), Chatswood (NSW), Ballina (NSW), and Auburn (NSW).

• More than 860 store team members continue to provide outstanding service to our retail, trade, and online customers.

• Aiming to design and develop 700 new products to enhance our core product range.

• More than one million VIP customers continue to receive special promotions, prices, and services.

• Provide Beacon Design Services in-home, in-studio, and in-store to transform our customer’s homes.

==> picture [506 x 662] intentionally omitted <==

ANNUAL GENERAL MEETING 2024

6

1

STRATEGIC PILLAR: TRADE UPDATE

==> picture [132 x 69] intentionally omitted <==

PARTNERING WITH ELECTRICIANS, BUILDERS, ARCHITECTS, AND INTERIOR DESIGNERS WITH LIGHTING, FANS, AND ELECTRICAL ACCESSORIES FOR THE AUSTRALIAN HOME.

• Growing market share in Australia’s residential electrical wholesale market.

• Partnering with our electricians, builders, architects, and interior designers as Beacon

• Trade members continues to be the number one priority for the Beacon Lighting team.

• Beacon Trade members continue to receive special prices, purchase rebates, new trade products, referral benefits, trade perks, new trade merchandise, free lighting design, and free delivery.

• Continue to develop a comprehensive trade range of lighting, fans, and electrical accessories for the Australian home.

• Conduct “Trade Sales Immersion” training for key stakeholders from executive management to store teams.

• Continue having weekly trade force meetings and webinars to focus on the Beacon Trade opportunity.

• Beacon Trade won the 2024 Real Media Awards Loyalty Program of the Year. Trade sales will be one-third of all relevant Beacon Lighting sales

==> picture [506 x 662] intentionally omitted <==

ANNUAL GENERAL MEETING 2024

7

1

• STRATEGIC PILLAR: ECOMMERCE UPDATE

==> picture [132 x 69] intentionally omitted <==

PROVIDE OUR CUSTOMERS WITH ENGAGING WEBSITES, ENABLING ONLINE SALES GROWTH AND PROVIDING A SEAMLESS CUSTOMER EXPERIENCE IN-STORE AND ONLINE.

• Beacon Lighting has 16 dedicated business websites, primarily beaconlighting.com.au and beacontrade.com.au.

• Retail sales through beaconlighting.com.au continue to increase.

• Significant increase in sales and visitation on beacontrade.com.au. Our trade customers increasingly embrace online sales as a trusted and reliable channel.

• Ongoing development of the business websites continues to enhance our customer’s online experience.

• Three-hour customer delivery in major metropolitan markets or one-hour

• click-and-collect in-store for our online retail and trade customers.

• Continue to offer seamless integration between the online sales channel and Beacon Lighting stores for our retail and trade customers.

==> picture [506 x 662] intentionally omitted <==

ANNUAL GENERAL MEETING 2024

8

1

• STRATEGIC PILLAR: NEW BUSINESS UPDATE

==> picture [132 x 69] intentionally omitted <==

INCLUDES EMERGING BUSINESSES, INTERNATIONAL SALES EXPANSION, NEW BUSINESS ACQUISITIONS, AND PROPERTY.

• Beacon International continues expanding its product offering to new sales channels and customers.

• Beacon International will exhibit at international lighting fairs in Hong Kong (SAR), Dallas (USA), and Frankfurt (GER).

• Develop innovative new products to grow sales and customers for Connected Light Solutions, Light Source Solutions, Masson For Lights, and Custom Lighting.

• Beacon Lighting has a 50% interest in the Large Format Property Fund, which owns seven large-format retail properties.

• Through the Property Fund, complete the existing property developments.

==> picture [506 x 663] intentionally omitted <==

ANNUAL GENERAL MEETING 2024

9

2 FY2025: OUTLOOK

==> picture [132 x 69] intentionally omitted <==

• Company store sales momentum from FY2024 has continued into Q1 FY2025.

• Positive sales momentum for Trade and eCommerce sales has continued in Q1 FY2025.

• Partnering with our trade customers (electricians, builders, architects, and interior designers) continues to be the number one priority for the Beacon Lighting team.

• Roll out the “Trade Sales Immersion” training throughout the Group.

• Implement the Beacon Lighting Enterprise Agreement 2024 and the new Beacon Team Share Plan with 200 team members electing to become new BLX shareholders.

• Bringing the latest fashion, innovative, and energy efficient lighting, fan, and electrical accessories products to market to continue to excite and inspire our retail and trade customers.

• Continued expansion of the Australian designed fan and lighting products into the USA, Asia, and European markets.

==> picture [506 x 662] intentionally omitted <==

ANNUAL GENERAL MEETING 2024

10

3 QUESTIONS

==> picture [295 x 1080] intentionally omitted <==

DISCLAIMER

==> picture [132 x 69] intentionally omitted <==

The Presentation contains “forward-looking statements”. All statements other than those of historical facts included in the Presentation are forward-looking statements. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forwardlooking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. The Company will not necessarily release publicly any revisions to any such forward-looking statement.

The Presentation contains general background information about the Company and its activities current as at the date of this Presentation. The information in this Presentation is in summary form only and does not contain all the information necessary to fully evaluate whether or not to buy or sell shares in the Company. It should be read in conjunction with the Company’s other periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au.

This Presentation is not a prospectus, disclosure document or other offering document. It is for information purposes only and does not constitute an offer, invitation or recommendation to subscribe for or purchase any security and does not form the basis of any contract or commitment.

ANNUAL GENERAL MEETING 2024

12