AI assistant
RANGE INTERNATIONAL LIMITED — AGM Information 2016
Dec 15, 2016
65662_rns_2016-12-15_99b18ab6-ecb4-4bca-9ee1-271739a711c2.pdf
AGM Information
Open in viewerOpens in your device viewer
2016 Annual General Meeting Chairman's and Managing Director's Presentation

Chairman's Address






Stewart Hall Matthew
Executive Chairman
Darby Founder and Executive Director
Non-Executive Director
Non-Executive Director
Bill Koeck Mark Daniel Lars Amstrup
Managing Director
RANGE INTERNATIONAL BOARD OF DIRECTORS
R A N G E I N T E R N A T I O N A L L T D 2016



R A N G E I N T E R N A T I O N A L L T D 2016

Existing Tabanan Factory


New Pasuruan Factory

6

New Pasuruan Factory


Hall 2: 3,240 m2, Finished Goods Storage

Hall 3: 1,296 m2, Raw Material Storage & Preparation

Factory Façade

New Pasuruan factory following renovations

Managing Director's Presentation

Disrupting a major global industry
- Pallets are an integral facilitator of global trade
- Global pallet market estimated to exceed USD$50 billion in annual sales by 2017 and growing at 5% per annum
- More than 5 billion pallets expected to be produced in 2017
- More than 90% of new pallets are wood
- Asia Pacific is the fastest growing region with forecast annual growth rate of 8.1% (~33% of the global market by 2017)
10



Market Announcements
East Java Factory site Acquisition completion 30 Aug 2016
10,000 SqM Factory Buildings, ~19,000 SqM Land Area
Able to accommodate 14 Production Lines, Raw-material Preparation and Finished Goods storage. An excellent match for our needs
Located in Pasuruan Industrial Estate, 61 KM south of Surabaya
Great progress and Critical path in enabling Range to transition to commercial scale production. General renovations in progress, including office premises, partial factory slab work and roof extension, provision of full power and telecommunication

Sales
Positive and encouraging engagement with large scale multinational customers. Now strengthened by our ability to demonstrate the path to large scale operations
Expansion across all major Asian countries, establishing sales forces and legal entities
Significant efforts deployed whilst ramping up production capabilities







Expansion of Sales Team
- Expansion across all major Asian countries, establishing sales forces and legal entities
- Key appointments in South East Asia, China and the United Arab Emirates


Key inputs
- Key production input: waste plastic
- Currently sourced through delivery by local contractors
- Several international companies have approached Range searching for waste plastic disposal solutions
- High likelihood that Range will engage with some of these companies to diversify its waste plastic supply
- Other key inputs: labour and power
- Priced very competitively in Indonesia, especially in comparison to developed economies
- Reliable access to labour and power a key criteria in Range's decision to expand into East Java




Formal Business

Item 1 – Re-election of Mark Daniel as a director
To consider, and if thought fit, to pass the following resolution as an ordinary resolution:
"That Mr Mark Daniel who retires by rotation in accordance with the Constitution of the Company and who, being eligible, offers himself for reelection, is re-elected as a Director of the Company."

Item 1 - Re-election of Mark Daniel as a Director
Proxy Votes
| For | 31,975,274 | 99.38% |
|---|---|---|
| Against | 700 | 0.00% |
| Open | 198,143 | 0.62% |
| Total | 32,174,117 | 21.45% ofissued capital |
| Abstain | 19,262 |

Item 2 – Appointment of auditor at first annual general meeting
To consider, and if thought fit, to pass the following resolution as an ordinary resolution:
"That, for the purposes of section 327B(1)(a) of the Corporations Act 2001 and for all other purposes, PricewaterhouseCoopers, having consented in writing to act in the capacity of auditor, be appointed as auditor of the Company with effect from the close of the Meeting."


End of Formal Business

