Annual General Meeting 4 June 2018 2 ORDINARY RESOLUTIONS 1 To - - PowerPoint PPT Presentation

Annual General Meeting

4 June 2018

2

ORDINARY RESOLUTIONS

1

To confirm Mr DM Ramaphosa’s appointment as Non-Executive Director

OR ORDINARY RES ESOL OLUTION ON NO. O.

2

Retirement and re-election of Prof RH Stumpf as Non-Executive Director

OR ORDINARY RES ESOL OLUTION ON NO. O.

3

Retirement and re-election of Ms R Kisten as Non-Executive Director

OR ORDINARY RES ESOL OLUTION ON NO. O.

3

ORDINARY RESOLUTIONS

4

Retirement and re-election of Mr KS Sithole as Non-Executive Director

OR ORDINARY RES ESOL OLUTION ON NO. O.

5

Retirement and re-election of Mr PN de Waal as Non-Executive Director

OR ORDINARY RES ESOL OLUTION ON NO. O.

6

Retirement and re-election of Mr A Mellet as an alternate Non-Executive Director to Mr PN de Waal

OR ORDINARY RES ESOL OLUTION ON NO. O.

4

ORDINARY RESOLUTIONS

7

Retirement and re-election of Dr CR van der Merwe as an Executive Director

OR ORDINARY RES ESOL OLUTION ON NO. O.

8

Retirement and re-election of Ms S Totaram as an Executive Director

OR ORDINARY RES ESOL OLUTION ON NO. O.

9

Retirement and re-election of Dr D Singh as an Executive Director

OR ORDINARY RES ESOL OLUTION ON NO. O.

5

ORDINARY RESOLUTIONS

10

To reappoint Mr KS Sithole as a member of the Audit and Risk Committee

• f the Company

OR ORDINARY RES ESOL OLUTION ON NO. O.

11

To reappoint Ms R Kisten as a member of the Audit and Risk Committee

• f the Company

OR ORDINARY RES ESOL OLUTION ON NO. O.

12

To appoint Mr DM Ramaphosa as a member of the Audit and Risk Committee

• f the Company subject to approval of ordinary resolution number 1

OR ORDINARY RES ESOL OLUTION ON NO. O.

6

ORDINARY RESOLUTIONS

13

To reappoint PricewaterhouseCoopers Inc as the auditor

OR ORDINARY RES ESOL OLUTION ON NO. O.

14

General authority to issue ordinary shares for cash

OR ORDINARY RES ESOL OLUTION ON NO. O.

15

Non-binding endorsement of STADIO’s remuneration policy

OR ORDINARY RES ESOL OLUTION ON NO. O.

16

Non-binding endorsement of STADIO’s implementation report

OR ORDINARY RES ESOL OLUTION ON NO. O.

7

SPECIAL RESOLUTIONS

1

Remuneration of Non-Executive Directors

SP SPECIAL L RESO SOLU LUTION NO.

2

Inter-company financial assistance

SP SPECIAL L RESO SOLU LUTION NO.

3

Financial assistance for the subscription for and/or the acquisition

• f shares in the Company or a related or inter-related company

SP SPECIAL L RESO SOLU LUTION NO.

8

SPECIAL RESOLUTIONS

4

Share repurchases by the Company and its subsidiaries

SP SPECIAL L RESO SOLU LUTION NO.

5

Increase in authorised share capital

SP SPECIAL L RESO SOLU LUTION NO.

WELCOME TO OUR

MULTIVERSITY

10

WHERE ARE WE GOING?

Creating a Multiversity of 100 100 000 000 students

11

CREATING A MULTIVERSITY OF 100 000 STUDENTS

Growing student numbers over contact & distance learning modes of delivery:

PLS AIM (2026)* PAT - R500 MILLION VISION (long term)

12 976

STUDENTS

35 000

STUDENTS

56 000

STUDENTS

100 000+

STUDENTS

@ @ 100 000 - ST STADIO will

• nly be 5%

5% of total higher education market

(Implies an organic CAGR

• f 8% in student numbers)

* * Please note that aforegoing AIM that STA TADIO wishes to achieve has not been reviewed or reported

• n
• n by

by STADIO IO’s audi ditor

• rs or
• r by

by an indepen dependen dent repor eporting accou

• untant nor
• r is same

e guaranteed. eed.

12

GROWTH STRATEGY TOWARDS 100 000 STUDENTS

Further acquisitions - to ex expand produc uct offer erings To opt

• ptim

imis ise util ilis isation ion at STADIO’s newly constructed facilities (Musgrave, Montana and Waterfall) Pr Promoting the gro growth of existing brands, i.e. Embury, AFDA, SBS, LISOF and Milpark by:

• Ex

Expand nding ng dista stanc nce learni ning ng offerings across brands (i.e. new programmes and the roll out of a simple yet effective distance learning system)

• Ge

Geog

• graphic

phic expa pansion ion through rolling out the brands to new locations

• Accr

Accredi diting further un under ergradua uate e and post-gra graduate degre grees, diplomas and higher certificate qualifications across various brands

• In

Investing in focussed marketing across the various brands and products of the STADIO Group Ex Expand nding ng into greenfield opportunities (greenfield MULTIVERSITY campus – Phesantekraal Durbanville) Ex Exploring ng opportu tuni niti ties to expand programme offerings to include Engineering, Medical and Nursing

13

PHESANTEKRAAL CAMPUS

14

COMPREHENSIVE RANGE OF FACULTIES

CURRENT OFFERING WILL EXPAND THROUGH FURTHER ACQUISITIONS AND PARTNERSHIPS Sc School of Ed Educati tion & & Training Sc School of Ar Architecture & & The he Built En Environment Sc School of Bu Business & Co Commer erce Sc School of En Engineering & Ma Manufacturing Sc School of Hea Health & Me Medical Sc Sciences Sc School of In Information Te Technology Sc School of Na Natu tural & & Life Sc Sciences Sc School of Ag Agriculture & & Nature Co Conser ervation Sc School of Th The Creati tive Ec Economy Sc School of La Law & Sec ecurity St Studies

15

WIDENING ACCESS STA STADIO n O need eeds to to tr trai ain en engineer eers, , IT IT practitioners an and ac actuari tuaries es…

Naledi Pandor, Minister of Higher Education & Training 19/04/18

16

THE NATIONAL QUALIFICATIONS FRAMEWORK (NQF)

17

THE NATIONAL QUALIFICATIONS FRAMEWORK (NQF)

18

WHICH LEVELS OF THE NQF WILL WE SERVICE?

STADIO covers levels 5 to 10 of the Na National Qualifications Framework, creating learnings pathways for students from Higher Certificates through to Doctorates

19

OUR QUALIFICATIONS

Ou Our first Doctoral Degree: Accredited by the he CHE! Doctorate in Business Administration (DBA)

20

OUR QUALIFICATIONS

54

ACCREDITED PROGRAMMES

44

PIPELINE PROGRAMMES, INCLUDING TWO DOCTORATES

21

GROUP ORGANOGRAM AS AT 31 MAY 2018

13 13

CA CAMPUSES

• Cape Town
• Johannesburg
• Durban
• Pretoria
• Port Elizabeth
• Windhoek
• Gaborone

LI LISOF acquired in January 2018 MI MILPA PARK acquired in March 2018

22

TOWARDS ONE BRAND

• We will have multiple distribution points where all our qualifications can be marketed…
• The STADIO brand will be extremely visible in all provinces
• Acknowledgement of prior learning simplified because credits may be easily transferable

between aligned programmes

• Shared services means one quality and saves costs: one audit, one IT system,
• ne HR policy, one financial system, one leadership structure, etc.
• STADIO may qualify to obtain university status
• Sweating the assets by offering many of our qualifications in one building

Consider our competitive advantages if we consolidate:

23

24

25

26

PA PARADI DIGM M SHIFTS

Produce Graduates Tr Train gradua uates es wh who a are wo work-re ready Synchronous learning Sy Synchronous and as asynchr chronous lear arning Venue-based teaching and passive learning Le Learning is engaged in bot both h CL and d DL mode

• des

Rigid discipline- focussed curricula Fl Flexible, d deeper-le learning cu curricu cula One-size-fits-all teaching model Adapt Adaptive, indi dividu dual alised d le learning Venue-based exams Ex Exams s are multi ti-mo modal Assessments are individual and competitive As Assessments ar are co collab aborat ative an and team am-ba based Exams test for knowledge As Assessments test for

• r

kn knowledge, , deeper le learning and appli lication Studies end in mid- to late 20s Li Lifelo long le learning

27

AUDITED 2017 RESULTS VS PLS

Currently approx. 26 500 students Considering second semester intake, we have the potential to reach 30 000 students in 2018

28

AUDITED 2017 RESULTS VS PLS

29

AUDITED 2017 RESULTS VS PLS

30

AUDITED 2017 RESULTS VS PLS

31

STATEMENT OF FINANCIAL POSITION SUMMARY AT 31 DECEMBER 2017

* * Note te: The Curro loan was settled on 7 March, resulting in current gearing being less than 2%

32

CASH TO BE UTILISED IN 2018

Available for further acquisitions and/or

• rganic expansion
• pportunities

33

CONTACT LEARNING CAPACITY UTILISATION AS AT 31 DEC 2017

34

WIDENING ACCESS BY PROMOTING AFFORDABILITY

DISTANCE LEARNING

R 20 000

CONTACT LEARNING

R 50 000

OUR AIM:

avg per annum avg per annum

(Ranging from R12k - R24k)

35

FEEDBACK: TRANSFORMATION, SOCIAL & ETHICS COMMITTEE

• STADIO stands firmly grounded on the values of integrity, quality and openness.
• STADIO is committed to facilitating access to higher education with a quality teaching and

learning ethos that prioritises student success.

• STADIO is cognisant of the shifting higher education landscape and the need for resilience

amongst its leadership, management and staff.

• STADIO promotes a positive organisational culture undergirded by the ideals of respect,

inclusivity, diversity and transformation.

Su Summary of Ethics Pledge

36

FEEDBACK: TRANSFORMATION, SOCIAL & ETHICS COMMITTEE

• STADIO does not challenge itself with overnight success but has planned for a steady and responsible
• peration that will safeguard the best interests of the STADIO community and the broader society.

Equally, STADIO does not approve an approach fashioned by greed and irresponsible, artificial growth.

• STADIO acknowledges the imperative of informed stakeholder participation and engagement.

STADIO’s conduct is epitomised by openness and total transparency.

Th These a are re t the v values l lived b by t the l leaders rship, e espoused b by a all e employees, and and which we seek to ins nstill in n our student nts. Su Summary of Ethics Pledge (continued)

37

TRANSFORMATION, SOCIAL & ETHICS COMMITTEE

COR CORPOR ORATE SOCI OCIAL L RESPON ONSIBILI LITY To To r rais ise a awarene ness a and nd c create te o

• pportu

tunitie nities w with ithin th in the h hig igher e educatio tion s n secto tor Aca Academic c (G (Graduateness)

• Relevant qualifications … innovative curricula … applied learning
• Signature Module: Responsible citizenship … 21st century skills … social

awareness Fina Financ nce: Bu Bursaries

• Group spend exceeded R4m in 2017

Co Commun unity Eng Engagement: nt: Sc School

• ols Proj

rojects an and Upliftment th through Sport

• Generating interest in mathematics and science amongst scholars, with

potential for international collaborations

• Implementing Youth Leadership programmes in schools
• Donations to disadvantaged schools and scholars
• Sharing facilities with surrounding schools for teaching opportunities
• Sports Days, and activities in the schools

38

TRANSFORMATION, SOCIAL & ETHICS COMMITTEE

Brimstone is our trusted long term BEE partner

Our BEE Private Placement for individuals accommodated 48 486 B BEE EE shareholders

39

A MULTIVERSITY OF 100 000 STUDENTS IS ACHIEVABLE

Growing student numbers over contact & distance learning modes of delivery:

PLS AIM (2026)* PAT - R500 MILLION VISION (long term)

12 976

STUDENTS

35 000

STUDENTS

56 000

STUDENTS

100 000+

STUDENTS

@ @ 100 000 - ST STADIO will

• nly be 5%

5% of total higher education market

(Implies an organic CAGR

• f 8% in student numbers)

* * Please note that aforegoing AIM that STA TADIO wishes to achieve has not been reviewed or reported

• n
• n by

by STADIO IO’s audi ditor

• rs or
• r by

by an indepen dependen dent repor eporting accou

• untant nor
• r is same

e guaranteed. eed.

RESOLUTIONS - RESULTS OF VOTING

QUESTIONS & ANSWERS

DANKIE ENKOSI THANK YOU