2017 ANNUAL & SPECIAL MEETING OF SHAREHOLDERS May 11, 2017
FORMAL BUSINESS OF THE MEETING GORDON PRIDHAM Chair of the Board 2
MANAGEMENTS PRESENTATION LINDA DIETSCHE Executive Vice President and Chief Financial Officer 3
2016 RESULTS Performance decline due to drop in WTI oil prices, reduced drilling activity and lower production-related waste volumes Responded aggressively during the year to protect balance sheet through cost savings and cash…
ACTIONS TAKEN TO STRENGTHEN BUSINESS Aligned cost base to industry activity levels by removing 60 million in annualized costs from 2014 levels Suspended dividend Raised 51.6 million in equity Reinvested where required to…
Q1 2017 RESULTS AND NEAR-TERM OUTLOOK Results in line with guidance: Q1 Revenue of 60.8 million and Adjusted EBITDA of 10.5 million Solid performance driven by: Impact of cost savings initiatives taken across the business…
NEWALTA TODAY JOHN BARKHOUSE President and Chief Executive Officer 9
CORPORATE VISION
2016 OPERATIONAL ACHIEVEMENTS Newaltas safest Successful Continued year ever recorded expansion of recognition as with 0.6 Total Actions taken are customers and Delivery of cuttings an emerging Recordable Injury driving quarter…
2017 FOCUS Optimization of assets and footprint basin by basin Focused on achieving cross over to free cash flow generation Manage new capital Redeployment of existing capital Spending versus returns on strategic pursuits…
2017 ANNUAL & SPECIAL MEETING OF SHAREHOLDERS May 11, 2017