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 ORDINARY RES OR 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 ORDINARY RES OR ESOL OLUTION ON NO. O. 6 Retirement and re-election of Mr A Mellet as an alternate Non-Executive Director OR ORDINARY RES ESOL OLUTION ON NO. O. to Mr PN de Waal
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 ORDINARY RES OR 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 OR ORDINARY RES ESOL OLUTION ON NO. O. of the Company 11 To reappoint Ms R Kisten as a member of the Audit and Risk Committee ORDINARY RES OR ESOL OLUTION ON NO. O. of the Company 12 To appoint Mr DM Ramaphosa as a member of the Audit and Risk Committee OR ORDINARY RES ESOL OLUTION ON NO. O. of the Company subject to approval of ordinary resolution number 1
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 SPECIAL SP L RESO SOLU LUTION NO. 3 Financial assistance for the subscription for and/or the acquisition SP SPECIAL L RESO SOLU LUTION NO. of shares in the Company or a related or inter-related company
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)* VISION (long term) @ 100 000 - @ STADIO will ST 100 000+ 56 000 only be 5% 5% of 35 000 12 976 total higher STUDENTS STUDENTS STUDENTS STUDENTS education market PAT - R500 MILLION (Implies an organic CAGR of 8% in student numbers) * * Please note that aforegoing AIM that STA TADIO wishes to achieve has not been reviewed or reported on on by by STADIO IO’s audi ditor ors or or by by an indepen dependen dent repor eporting accou ountant nor or is same e guaranteed. eed.
12 GROWTH STRATEGY TOWARDS 100 000 STUDENTS Further acquisitions - to ex expand produc uct offer erings ion at STADIO’s newly constructed facilities (Musgrave, Montana and Waterfall) To opt optim imis ise util ilis isation Promoting the gro Pr 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) ion through rolling out the brands to new locations - Ge Geog ographic phic expa pansion - Accr Accredi diting further un under ergradua uate e and post-gra graduate degre grees, diplomas and higher certificate qualifications across various brands Investing in focussed marketing across the various brands and products of the STADIO Group - In ng into greenfield opportunities (greenfield MULTIVERSITY campus – Phesantekraal Durbanville) Ex Expand nding 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 Sc School of School of Sc Sc School of School of Sc Sc School of School of Sc School of Sc Sc School of School of Sc School of Sc Na Natu tural Agriculture Ag Health & Hea Ar Architecture Engineering & En Law & Sec La ecurity Ed Educati tion Business & Bu Information In The Creati Th tive & & Life & Nature & Medical Me & The & he Built Manufacturing Ma St Studies & & Training Commer Co erce Technology Te Ec Economy Sciences Sc Conser Co ervation Sc Sciences Environment En CURRENT OFFERING WILL EXPAND THROUGH FURTHER ACQUISITIONS AND PARTNERSHIPS
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 44 PIPELINE ACCREDITED PROGRAMMES, INCLUDING TWO PROGRAMMES DOCTORATES
21 GROUP ORGANOGRAM AS AT 31 MAY 2018 LISOF LI acquired in January 2018 MILPA MI PARK acquired in March 2018 13 13 • Cape Town • Johannesburg • Pretoria • Durban • Windhoek • Gaborone • Port Elizabeth CAMPUSES CA
22 TOWARDS ONE BRAND Consider our competitive advantages if we consolidate: • 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, one 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
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26 PARADI PA DIGM M SHIFTS Tr Train gradua uates es Venue-based Exams Ex s are multi ti-mo modal Produce Graduates exams who a wh are wo work-re ready Sy Synchronous and Assessments As Assessments ar are Synchronous learning are individual asynchr as chronous lear arning co collab aborat ative an and team am-ba based and competitive As Assessments test for or Learning is engaged in Le Exams test for Venue-based teaching kn knowledge, , deeper knowledge bot both h CL and d DL mode odes and passive learning le learning and appli lication Rigid discipline- Flexible, d Fl deeper-le learning Studies end in Lifelo Li long le learning focussed curricula mid- to late 20s curricu cu cula Adapt Adaptive, indi dividu dual alised d One-size-fits-all teaching model learning le
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 organic expansion opportunities
33 CONTACT LEARNING CAPACITY UTILISATION AS AT 31 DEC 2017
34 WIDENING ACCESS BY PROMOTING AFFORDABILITY CONTACT DISTANCE LEARNING LEARNING OUR AIM: R 50 000 R 20 000 avg per annum avg per annum (Ranging from R12k - R24k)
35 FEEDBACK: TRANSFORMATION, SOCIAL & ETHICS COMMITTEE Su Summary of Ethics Pledge • 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.
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