LUNCHEON - 5TH MARCH 2014

Guest Speaker: Ian Smith, CEO Orica Limited

Topic ‘Orica, an Australian Global Leader’

Chairperson: Peter Duncan

Ian Smith has been Managing Director and Chief Executive Officer since joining Orica Limited in February 2012.

Previously, Ian was the CEO and MD of Newcrest Mining, the Global Head of Operational and Technical Excellence at Rio Tinto, based in London, and Managing Director Comalco Aluminium Smelting within the Rio Tinto Group.

Prior to his time with Rio Tinto, Ian held senior operational and project management roles with WMC Resources, Pasminco Limited and CRA Limited.

Ian currently holds a Directorship with Transurban Group and serves as President of the Australian Mines and Metals Association.

He has been Chairman of the Minerals Council of Australia and was previously a Board Member of the Australian Chamber of Commerce and Industry.

Ian is a member of the Australian Institute of Company Directors and a Fellow of both the Institute of Engineers Australia and the Australasian Institute of Mining and Metallurgy - from which he was awarded its highest honour, the Institute Medal, in June 2012.

Ian holds a Bachelor of Engineering (Mining) (Hons) from the University of New South Wales and a Bachelor of Financial Administration from the University of New England.

Ian is married, has five adult children and lives in Victoria.

Synopsis Of The Presentation:

Our guest speaker Wednesday last, Ian Smith spoke about from the invention during the First World War of the chemical manufacture of Ammonium Nitrate - and all its consequences - to reductions in Orica's carbon emissions equivalent to all the cars in Canberra, Ian painted a broad canvas. He left his hearers with a clear picture of Orica as a truly global Australian company and finished with a few pungent remarks on Australia's manufacturing industry. The key message here: the world is not going to keep helping us, we need to do it for ourselves.

It was a clear and stimulating presentation.