PPK GROUP LIMITED — AGM Information 2013

Oct 24, 2013

NOTICE OF ANNUAL GENERAL MEETING AND EXPLANATORY STATEMENT

NOTICE is given that the Annual General Meeting of PPK Group Limited (Company) will be held at The Grace Hotel, 77 York Street, Sydney NSW Australia at 3.00pm (Sydney time) on Tuesday, 26 November 2013.

Ordinary Business

Receipt of the Financial Report for the year ended 30 June 2013

Receipt of the Company's Financial Report, the Directors' Report and the Auditor's Report for the year ended 30 June 2013.

1. Remuneration Report

To consider and, if thought fit, pass the following Resolution as an ordinary resolution:

"That the Remuneration Report of the Company for the financial year ended 30 June 2013 be adopted."

The Company will disregard any votes cast on Resolution 1:

• • by or on behalf of a member of the Key Management Personnel (KMP) (as defined in Section 9 of the Corporations Act 2001 (Cth)) details of whose remuneration are included in the Remuneration Report;
• • by or on behalf of a closely related party (as defined in Section 9 of the Corporations Act 2001 (Cth) such as close family members and any controlled companies) of such a member of the KMP; or
• • by a member of the KMP at the date of the meeting or their closely related parties acting as proxy,

unless the vote is cast:

• • as proxy for a person who is entitled to vote, in accordance with a direction on the proxy form; or
• • by the Chairman of the meeting as proxy for a person entitled to vote and the Chairman has received express authority to vote undirected proxies as the Chairman sees fit even though Resolution 1 is connected directly or indirectly with the remuneration of a member of the KMP.
• 2. Re-elect Mr Raymond Beath as a Director of the Company

To consider and, if thought fit, pass the following Resolution as an ordinary resolution:

"That Mr Raymond Beath, who retires as a Director of the Company in accordance with the Constitution of the Company and, being eligible, offers himself for re-election, be re-elected as a Director of the Company."

3. Elect Mr Robin Levison as a Director of the Company

To consider and, if thought fit, pass the following Resolution as an ordinary resolution:

"That Mr Robin Levison, who was appointed as a Director of the Company by the Board on 21 October 2013 and retires in accordance with the Constitution of the Company and, being eligible, offers himself for election, be elected as a Director of the Company."

By order of the Board.

Andrew J. Cooke Company Secretary Dated at Sydney, on the 21st day of October 2013

2013 Annual Report:

The 2013 Annual Report is available on the Company's website: www.ppkgroup.com.au

Proxies

• • A shareholder entitled to attend and vote at this meeting is entitled to appoint a proxy or not more than two proxies to attended and vote instead of the shareholder.
• • Where two proxies are appointed:
  • (i) a separate proxy Form should be used to appoint each proxy;
  • (ii) the Proxy Form may specify the proportion, or the number, of votes that the proxy may exercise, and if it does not do so the proxy may exercise half of the votes.
• • A shareholder can appoint any other person to be their proxy. A proxy need not be a shareholder of the Company. The proxy appointed can be described in the Proxy Form by an office held e.g. "the Chair of the Meeting".
• • If a shareholder's appointed proxy does not attend the meeting, then the proxy appointment will automatically default to the Chairman of the meeting. In addition, any directed proxy appointments that are not voted on a poll at the meeting by a shareholder's appointed proxy will automatically default to the Chairman of the meeting, who is required to exercise the relevant votes as directed on the poll (subject to any applicable voting exclusions).
• • In the case of shareholders who are individuals, the Proxy Form must be signed:
  • (i) if the shares are held by one individual, by that shareholder;
  • (ii) if the shares are held in joint names, by any one of them.
• • In the case of shareholders who are companies, the Proxy Form must be signed:
  • (i) if it has a sole director who is also sole secretary, by that director (and stating the fact next to, or under the signature on the Proxy Form);
  • (ii) in the case of any other company by either two directors or a director and secretary.
• • If the person signing the Proxy Form is doing so under a power of attorney, or is an officer of a company outside those referred to above but authorised to sign the Proxy Form, the power of attorney or other authorisation (or a certified copy of it), as well as the Proxy form, must be received by the Company by the time and at the place specified following.
• • A Proxy Form accompanies this notice. To be effective, your proxy must be received by the Company no later than 3.00pm (Sydney time) on Sunday, 24 November 2013:
  • (i) by facsimile: on +61 (02) 9290 9655; or
  • (ii) by delivery in person or mail:

PPK Group Limited Share Registry C/- Boardroom Pty Limited Level 7, 207 Kent Street Sydney NSW 2001; or

(iii) Online: www.boardroomlimited.com.au/vote/ ppkgroupagm2013

Corporate Representatives

A body corporate that is a member, or that has been appointed as a proxy of a member, may appoint an individual to act as its representative at the meeting. The appointment must comply with the requirements of section 250D of the Corporations Act 2001. The representative should bring to the meeting evidence of his or her appointment including the authority under which it is signed.

Shareholders who are Entitled to Vote

In accordance with the Corporations Act 2001 (Cth), the directors have determined that a person's entitlement to vote at the meeting will be the entitlement of that person set out in the register of members as at 3.00pm (Sydney time) on Sunday, 24 November 2013.

Explanatory Statement

Financial Report – Year ended 30 June 2013

The Corporations Act requires the financial report (which includes the financial statements and the directors' declaration), the directors' report and the auditor's report to be laid before the Annual General Meeting. There is no requirement either in the Corporations Act or in the Constitution of the Company for Shareholders to approve the financial report, the directors' report or the auditor's report.

This item of business provides shareholders with an opportunity to ask questions concerning or make comments on the Company's financial statements and reports for the year ended 30 June 2013 and the Company's performance generally. A representative of the Auditor will be attending the Annual General Meeting.

As a shareholder, you are entitled to submit a written question to the Auditor prior to the Annual General Meeting provided that the question relates to:

• • the content of the Auditor's report; or
• • the conduct of the audit in relation to the Financial Report.

All written questions must be received by the Company no later than 18 November 2013. All questions must be sent to the Company and may not be sent direct to the Auditor. The Company will then forward all questions to the Auditor. The Auditor will answer written questions submitted prior to the Annual General Meeting. The Auditor will also answer questions at the meeting from shareholders relevant to:

• • the conduct of the audit;
• • the preparation and content of the Auditor's report;
• • the accounting policies adopted by the Company in relation to the preparation of the financial statements;
• • the independence of the Auditor in relation to the conduct of the audit.

1. Resolution 1 – Remuneration Report

The Directors' Report for the year ended 30 June 2013 contains a Remuneration Report which sets out the policy on remuneration of the directors of the Company and specified executives of the Company.

The Corporations Act requires that a resolution be put to the vote that the Remuneration Report be adopted. The Corporations Act expressly provides that the vote is advisory and does not bind the Directors of the Company. However, if at least 25% of the votes cast are against the adoption of the Remuneration Report, the Company's next Remuneration Report must explain the Board's proposed action in response or explain why no action has been taken.

In the following year, if at least 25% of the votes cast on the resolution that the Remuneration Report be adopted are against adoption, shareholders will then vote to determine whether the Directors, excluding the Managing Director, will need to stand for re-election (Spill Resolution). If more than 50% of the votes cast on the resolution are in favour, a separate re-election meeting must be held within 90 days.

At the Company's 2012 annual general meeting, the votes cast against the remuneration report considered at that meeting were less than 25%. Accordingly, a Spill Resolution cannot be put at this meeting.

Members attending the AGM will be given a reasonable opportunity to ask questions about, or make comments on, the Remuneration Report.

2 & 3 Resolutions 2 and 3 – Election of Directors

Mr Raymond Beath retires by rotation and, being eligible, offers himself for re-election as a Director.

Mr Robin Levison was appointed by the Board as Executive Chairman on 21 October 2013. In accordance with clause 18.4 of the Company's Constitution, he ceases to hold office at the Meeting and, being eligible, offers himself for election as Director.

A short profile of each of the candidates is set out below.

Raymond Beath. B.Com, FCA.

Independent non-executive Director. Age 62

Mr Beath has been a member of the PPK Group Limited Board since the Company's listing on 21 December 1994. He is the Chairman of the Audit Committee.

Raymond Beath is a Director of Holden & Bolster Avenir Pty Limited, Chartered Accountants. He has a Bachelor of Commerce (Accounting) degree from the University of New South Wales and is a Fellow of the Institute of Chartered Accountants. Raymond has advised the consolidated entity on taxation, corporate and financial management since 1984.

Robin Levison. MBA, CA, FAICD, Certified CEO. Executive Chairman. Age 55

Robin Levison is a highly qualified business leader with extensive experience in the financial services, manufacturing and resource sectors, both at the senior management and Board levels. He is currently the Chairman of privately held Ignition Equity Partners Pty Ltd.

Robin was a member of the senior management team at Collection House Limited between 2004 and 2006 and for 2 years prior to that he was Managing Director at Spectrum Resources Limited, a New Zealand stock exchange listed technology investment company. Prior to that, he held senior roles with KPMG, Barclays Bank and was a Director of Merrill Lynch New Zealand where he advised numerous listed companies in the areas of acquisition, capital raising and the listing process.

Robin was appointed as CEO of Industrea Limited, an ASX listed global provider of specialist mining products and services, in August 2004 and then as its Managing Director in November 2005. Under Robin's 8 year stewardship, as a result of organic growth and a successful acquisition strategy, Industrea Limited's market capitalisation increased from approximately $2 million in 1994 to approximately $500 million in 2012, when it was taken over (via a scheme of arrangement) by US based General Electric Company (GE). Robin assumed the role of Global Director Strategy, Mergers and Acquisitions with GE Mining during the post-acquisition integration phase.

Board Recommendation

The Board (with Raymond Beath and Robin Levison abstaining in relation to their own candidacies) unanimously recommends that shareholders vote in favour of the election of each of the retiring Directors under Resolutions 2 and 3.

All Correspondence to:

	By Mail	Boardroom Pty LimitedGPO Box 3993Sydney NSW 2001 Australia
		Level 7, 207 Kent Street,Sydney NSW 2000 Australia
	By Fax:	+61 2 9290 9655
	Online:	www.boardroomlimited.com.au
		By Phone: (within Australia) 1300 737 760
		(outside Australia) +61 2 9290 9600

YOUR VOTE IS IMPORTANT

For your vote to be effective it must be recorded before 3:00pm AEDT on Sunday 24 November 2013.

TO VOTE ONLINE

STEP 1: VISIT www.boardroomlimited.com.au/vote/ppkgroupagm2013

STEP 2: Enter your holding/investment type:

STEP 3: Enter your Reference Number:

STEP 4: Enter your Voting Access Code:

PLEASE NOTE: For security reasons it is important you keep the above information confidential.

TO VOTE BY COMPLETING THE PROXY FORM

STEP 1 APPOINTMENT OF PROXY

Indicate who you want to appoint as your Proxy.

If you wish to appoint the Chairman of the Meeting as your proxy, mark the box. If you wish to appoint someone other than the Chairman of the Meeting as your proxy please write the full name of that individual or body corporate. If you leave this section blank, or your named proxy does not attend the meeting, the Chairman of the Meeting will be your proxy. A proxy need not be a security holder of the company. Do not write the name of the issuer company or the registered securityholder in the space.

Appointment of a Second Proxy

You are entitled to appoint up to two proxies to attend the meeting and vote. If you wish to appoint a second proxy, an additional Proxy Form may be obtained by contacting the company's securities registry or you may copy this form.

To appoint a second proxy you must:

(a) complete two Proxy Forms. On each Proxy Form state the percentage of your voting rights or the number of securities applicable to that form. If the appointments do not specify the percentage or number of votes that each proxy may exercise, each proxy may exercise half your votes. Fractions of votes will be disregarded. (b) return both forms together in the same envelope.

STEP 2 VOTING DIRECTIONS TO YOUR PROXY

To direct your proxy how to vote, mark one of the boxes opposite each item of business. All your securities will be voted in accordance with such a direction unless you indicate only a portion of securities are to be voted on any item by inserting the percentage or number that you wish to vote in the appropriate box or boxes. If you do not mark any of the boxes on a given item, your proxy may vote as he or she chooses. If you mark more than one box on an item for all your securities your vote on that item will be invalid.

Proxy which is a Body Corporate

Where a body corporate is appointed as your proxy, the representative of that body corporate attending the meeting must have provided an "Appointment of Corporate Representative" prior to admission. An Appointment of Corporate Representative form can be obtained from the company's securities registry.

STEP 3 SIGN THE FORM

The form must be signed as follows:

Individual: This form is to be signed by the securityholder.

Joint Holding: where the holding is in more than one name, all the securityholders should sign.

Power of Attorney: to sign under a Power of Attorney, you must have already lodged it with the registry. Alternatively, attach a certified photocopy of the Power of Attorney to this form when you return it.

Companies: this form must be signed by a Director jointly with either another Director or a Company Secretary. Where the company has a Sole Director who is also the Sole Company Secretary, this form should be signed by that person. Please indicate the office held by signing in the appropriate place.

STEP 4 LODGEMENT

Proxy forms (and any Power of Attorney under which it is signed) must be received no later than 48 hours before the commencement of the meeting, therefore by 3:00pm AEDT on Sunday 24 November 2013. Any Proxy Form received after that time will not be valid for the scheduled meeting.

Proxy forms may be lodged using the enclosed Reply Paid Envelope or:

 Online	www.boardroomlimited.com.au/vote/ppkgroupagm2013
By Fax	+ 61 2 9290 9655
 By Mail	Boardroom Pty LimitedGPO Box 3993,Sydney NSW 2001 Australia
In Person	Level 7, 207 Kent Street,Sydney NSW 2000 Australia

Attending the Meeting

If you wish to attend the meeting please bring this form with you to assist registration**.**

Your Address This is your address as it appears on the company's share register. If this is incorrect, please mark the box with an "X" and make the correction in the space to the left. Securityholders sponsored by a broker should advise their broker of any changes. Please note you cannot change ownership of your securities using this form.

PROXY FORM

STEP 1 APPOINT A PROXY

I/We being a member/s of PPK Group Limited and entitled to attend and vote hereby appoint:

the Chairman of the Meeting (mark box)

OR if you are NOT appointing the Chairman of the Meeting as your proxy, please write the name of the person or body corporate (excluding the registered shareholder) you are appointing as your proxy below

or failing the individual or body corporate named, or if no individual or body corporate is named, the Chairman of the Meeting as my/our proxy at the Annual General Meeting of the Company to be held at The Grace Hotel, 77 York Street Sydney NSW 2000 on Tuesday 26 November 2013 at 3:00pm AEDT and at any adjournment of that meeting, to act on my/our behalf and to vote in accordance with the following directions or if no directions have been given, as the proxy sees fit.

Chairman authorised to exercise undirected proxies on remuneration related matters: If I/we have appointed the Chairman of the Meeting as my/our proxy or the Chairman of the Meeting becomes my/our proxy by default and I/we have not directed my/our proxy how to vote in respect of Resolution 1, I/we expressly authorise the Chairman of the Meeting to exercise my/our proxy in respect of this resolution even though resolution 1 is connected with the remuneration of a member of key management personnel for PPK Group Limited.

The Chairman of the Meeting will vote all undirected proxies in favour of all Items of business (including Resolution 1). If you wish to appoint the Chairman of the Meeting as your proxy with a direction to vote against, or to abstain from voting on an item, you must provide a direction by marking the 'Against' or 'Abstain' box opposite that resolution.

STEP 2	VOTING DIRECTIONS* If you mark the Abstain box for a particular item, you are directing your proxy not to vote on your behalf on a show of hands or on a poll and your vote willnot be counted in calculating the required majority if a poll is called.
Ordinary Business
		For	Against	Abstain*
Resolution 1	To Adopt the Remuneration Report
Resolution 2	To re-elect Mr Raymond Beath as a Director
Resolution 3	To elect Mr Robin Levison as a Director

STEP 3	SIGNATURE OF SHAREHOLDERSThis form must be signed to enable your directions to be implemented.
Individual or Securityholder 1		Securityholder 2		Securityholder 3
Sole Director and Sole Company Secretary		Director		Director / Company Secretary
Contact Name……………………………………………		Contact Daytime Telephone………………………		Date	/	/ 2013