Well, good morning, everyone, and welcome to the CSR Limited Scheme meeting. My name is John Gillam, and I am the Chair of the CSR Board of Directors and the Chair of this meeting. I'm pleased to be with you today to chair this important meeting which relates to the scheme of arrangement whereby all of the issued shares in CSR are proposed to be acquired by Compagnie de Saint-Gobain, which I'll refer to during this meeting as Saint-Gobain. Before we start, for those in the room, could I please ask you to switch your mobile phones to silent? Please also note that the use of recording devices during this meeting is not permitted. I begin today by acknowledging the Gadigal people of the Eora Nation, the traditional custodians of the land on which we meet today, and pay our respects to elders past and present. As this is a hybrid meeting, I recognize that many of us are on different lands of different traditional custodians, and I acknowledge all traditional custodians and pay my respects to them and each of their elders past and present. This morning, we are holding a scheme meeting for CSR, and as it is now just past 9:00 A.M., being the scheduled start time for the meeting, and I am advised that the necessary quorum is present, I declare the scheme meeting open. We're conducting this scheme meeting as a hybrid meeting today, which is a combined in-person and virtual meeting. I am conducting the meeting from the offices of Herbert Smith Freehills in the Sydney CBD, and shareholders are attending here in person and also participating online. For those attending in person, in the event of an emergency, please follow the directions of the Herbert Smith Freehills and CSR teams. For those of you joining online via the webcast, on your screen, you will see the presentation slides. For those joining via the Computershare online meeting platform, it allows shareholders, proxy holders, and guests to participate in the meeting online. Shareholders and proxy holders will have the ability to ask questions either orally or typed and to submit votes in real time. While logged into the Computershare meeting platform, you can also access the Notice of Scheme Meeting and Scheme Booklet by selecting the documents icon. The Notice of Scheme Meeting and the Scheme Booklet, which also contains the independent experts' report, was released to the ASX on 26 April 2024 and dispatched to shareholders on 2 May 2024. I will take those documents as read. Fellow shareholders, today is a significant day in the history of CSR. Today, shareholders are being asked to vote on a proposed scheme of arrangement under which Saint-Gobain would acquire all of the shares in CSR. I would now like to introduce CSR's board members as well as the members of CSR's senior executive team that are here with us today. Seated here with me in Sydney today is our Managing Director and Chief Executive Officer, Julie Coates, and Directors, Penny Winn, Adam Tindall, and Christy Boyce, and our Company Secretary, Jill Hardiman. Joining us virtually is Nigel Garrard, who is a member of the board. Also at the front here is CSR's Chief Financial Officer, Sara Lom. Today's meeting will commence with an address from me, and we will then proceed to the vote on the scheme resolution, where there will be an opportunity to ask questions. Before I commence my address, I will set out the details of the meeting and its operation. As set out in the Notice of Scheme Meeting, voting on today's resolution will be by poll, with votes lodged in person and online. On that basis, I now declare the poll open and will keep the poll open so you can vote at any time during the meeting. I repeat that I now declare the poll open. Following discussion on the resolution, proxy votes which have been cast on the resolution will be displayed on the screen. Only eligible shareholders, a representative or attorney for an eligible shareholder, or a proxy for an eligible shareholder are entitled to vote. Any directed proxies that are not voted will automatically default to me as Chair of the meeting, and I am required to vote those proxies as directed. Any proxies that are open and available to the Chair of the meeting will be voted in favor of the resolution. Those voting today in person need to have obtained their voting card available to you when you registered. Shareholders or proxies in the room with pink voting cards or yellow non-voting cards are welcome to ask questions. If you are eligible to vote at this meeting and are present in the room, you can mark your voting intention on the reverse side of the pink voting card and return your completed card to a Computershare representative as you leave the meeting. If you have difficulty completing your voting card, please raise your hand and a representative will assist you. If you are participating in the meeting online and have logged into the online platform, a voting icon will soon be displayed at the top of your device screen if it hasn't already. Once you click this voting icon, the resolution will appear on your screen and you can select your voting option. To cast your vote, select one of the options. There is no need to hit a submit or enter button as the vote is automatically recorded and you will receive a vote confirmation notification on your screen. You can change your vote during the meeting up until I declare the poll closed, which I intend to do so at the end of question time. If you encounter any difficulties, please refer to the detailed online meeting guide available on CSR's website. Please submit your vote any time from now until voting closes. Mr. Glenn Rogers from Computershare is the returning officer for the purposes of conducting and determining the results of the poll, the results of which will be announced to the ASX later today. The Notice of Scheme Meeting, which is attached to the Scheme Booklet, provided shareholders with information on how to participate, ask questions, and vote at this scheme meeting. For those of you attending the meeting here in person, once we come to question time, you can ask a question by making your way to the microphone attendant, showing your pink or yellow admission card, and providing your name and suburb. For those attending online, questions can be submitted through the online meeting platform at any time from now until the time at which voting on the scheme resolution is closed. To ask a question online, select the Q&A icon, select the topic from the drop-down menu, and type your question in the text box at the bottom of the screen. Once you have finished typing, please press the send button to submit your question. To ask a verbal question, follow the instructions on the online meeting platform. Please note that questions may be moderated to avoid repetition, and if questions are particularly lengthy, we may need to summarize them in the interest of time. Depending on the question asked, I will either answer it myself or ask another of the CSR directors or the members of the executive team here today to respond as appropriate. I may take questions on notice if necessary. I ask that shareholders restrict themselves to no more than two questions or comments, and I encourage you to submit your questions as soon as you can for those participating online. If, despite the plans and contingencies made today, we have technology issues during the scheme meeting, a recording of the meeting will be made available on our website. In the event that the online meeting platform is not able to operate, I will advise at that time how the meeting will proceed, taking into consideration the number of shareholders that may be impacted and the extent to which participation in the business of the meeting is affected. I'll now move to the details of the scheme. On 26 February 2024, CSR announced it had entered into a scheme implementation deed with Saint-Gobain, under which Saint-Gobain agreed to acquire all of the issued shares in CSR at a cash price of AUD 9 per CSR share. This followed an earlier announcement released to the ASX on 22 February 2024 that CSR had received a conditional, non-binding indicative proposal from Saint-Gobain to acquire 100% of the shares in CSR for a cash price of AUD 9 per CSR share. This proposal followed an earlier indicative offer and a period of negotiation, which included the provision of value-impacting due diligence. The proposed scheme of arrangement is outlined in detail in the Scheme Booklet that was released to the ASX on 26 April 2024 and dispatched to CSR shareholders on 2 May 2024, in accordance with the orders of the Supreme Court of New South Wales issued on 26 April 2024. If the scheme proceeds, each CSR shareholder is entitled to the transaction consideration of AUD 9 cash per CSR share, which comprises the scheme consideration of AUD 8.88 cash per share and the CSR permitted dividend of AUD 0.12 cash per share, as announced to the ASX on 28 May 2024. The CSR permitted dividend will be fully franked, and the franking credits will represent additional value to those CSR shareholders who are able to realize a tax benefit from those franking credits and who are a CSR shareholder on the CSR permitted dividend record date expected to be 7:00 P.M. Sydney time on Monday, 24 June 2024. The transaction consideration of AUD 9 per CSR share values CSR's equity on a fully diluted basis at approximately AUD 4.3 billion and represents the following premium: a 33% premium to the closing share price of AUD 6.77 as at 20 February 2024, this being the last trading day prior to media speculation regarding a possible change of control proposal for CSR, a 39% premium to the three-month volume-weighted average price, known as VWAP, to the 20 February 2024 price, a 48% premium to the six-month VWAP to 20 February 2024, and a 61% premium to the 12-month VWAP to 20 February 2024. The Scheme Booklet sets out various reasons why CSR shareholders may want to vote in favor of the scheme and various reasons why they may want to vote against the scheme. These are set out in detail in Section 1 of the Scheme Booklet and are also displayed on the current slide. The Scheme Booklet contains further information, including details regarding the risks associated with the scheme, as well as the risks associated with the shareholders' continued investment in CSR. The CSR directors appointed Kroll Australia Pty Ltd as the independent expert to assess the merits of the scheme. The independent expert has concluded that the scheme is fair and reasonable and in the best interests of CSR shareholders in the absence of a superior proposal, as defined in the Scheme Booklet. Additionally, following the release of CSR's YEM24 financial results to the ASX on 15 May 2024, the independent experts provided a letter to the CSR directors, which confirmed that CSR's year-end March 2024 financial results do not change the independent experts' conclusion that the scheme is fair and reasonable and in the best interest of CSR's shareholders in the absence of a superior proposal. The independent experts' full commentary in relation to the scheme is contained in the independent experts' report, which is included in the Scheme Booklet. The CSR directors unanimously recommend that you vote in favor of the scheme in the absence of a superior proposal and subject to the independent experts continuing to conclude that the scheme is fair and reasonable and in the best interest of CSR's shareholders. Prior to this scheme meeting, each CSR director has instructed that any of the CSR shares held or controlled by them be voted in favor of the scheme in the absence of a superior proposal and the independent expert continuing to conclude that the scheme is fair and reasonable and in the best interests of CSR's shareholders. The interests of the CSR directors in CSR shares, including the interests of Julie Coates, our Managing Director and CEO, are set out in Section 9.1 of the Scheme Booklet. You should have regard to these interests when considering how to vote on the scheme. I can also confirm that at the time of this meeting, no superior proposal has emerged, and the CSR directors are not aware of any superior proposal that is likely to emerge. As announced by CSR to the ASX, Saint-Gobain received Foreign Investment Review Board approval for the transaction on 11 June 2024. The implementation of the scheme remains subject to the following conditions precedent: approval of the scheme resolution by CSR shareholders at the scheme meeting by the requisite majorities, and that will be determined today, and approval of the scheme by the Supreme Court of New South Wales at the second court hearing scheduled for next Tuesday, 18 June 2024. The scheme is also subject to other customary conditions precedent, which are described in detail in the Scheme Booklet, noting that the scheme is not subject to any financing or any due diligence conditions. As at the time of today's meeting, the CSR directors are not aware of any circumstances which would cause any of the other outstanding conditions not to be satisfied or waived, if applicable. If the scheme is approved by CSR shareholders today, the key events and the expected timing in relation to the approval and implementation of the scheme are set out in the timetable shown on the current slide. The second court hearing for approval of the scheme is scheduled for Tuesday, 18 June 2024. If the scheme is approved by the court, the effective date and the last trading day in CSR shares on the ASX is expected to be Wednesday, 19 June 2024. If the scheme is approved, it is then expected to be implemented on Tuesday, 9 July 2024. Should the scheme be approved, CSR shareholders will receive the transaction consideration of AUD 9 cash per share, which will comprise the scheme consideration of AUD 8.88 cash per CSR share to be paid on the expected implementation date of Tuesday, 9 July 2024, to CSR shareholders for CSR shares held on the scheme record date, which is expected to be 7:00 P.M. Sydney time on Tuesday, 2 July 2024, and the CSR permitted dividend of AUD 0.12 cash per share to be paid on the expected CSR permitted dividend payment date of Monday, 1 July 2024, to CSR shareholders for CSR shares held on the CSR permitted dividend record date, which is expected to be 7:00 P.M. Sydney time on Monday, 24 June 2024. If the outstanding conditions precedent, including shareholder and court approval, are not satisfied, the scheme will not proceed and CSR will continue to be listed on the ASX. We will now move to the formal business of this meeting. We have one item of business to be considered today, namely the following resolution as set out in the Notice of Scheme Meeting included in the Scheme Booklet: that, pursuant to and in accordance with the provisions of Section 411 of the Corporations Act 2001, the scheme of arrangement proposed between CSR and the holders of its ordinary shares, as contained in and more particularly described in the Scheme Booklet of which the Notice convening this meeting forms part, is agreed to with or without alterations or conditions as approved by the Supreme Court of New South Wales, to which CSR Limited and Compagnie de Saint-Gobain agree. For the scheme to proceed, votes in favor of the scheme resolution must be received from the requisite majorities of CSR shareholders. As explained in the Scheme Booklet, the requisite majorities for the scheme resolution are: a majority in number, more than 50%, of CSR shareholders who are present and voting either in person or by proxy, attorney, or in the case of corporate shareholders by a corporate representative, and at least 75% of the total number of votes cast on the resolution to approve the scheme by CSR shareholders who are present and voting either in person or by proxy, attorney, or in the case of corporate shareholders by corporate representative. I will now ask shareholders and proxy holders whether they have any questions regarding the scheme resolution. For those who have joined online, you may submit a question online at any time during the meeting until the end of the question-and-answer section of the meeting. I now ask any shareholders in the room who may wish to ask a question to make their way to the centrally located microphone. We will start with questions from the room, then move to online questions in the order that they are submitted, and then to questions over the phone line after that if we have any. For those shareholders who have joined via the online meeting platform, you are able to submit your questions now if you haven't already done so. Are there any questions from the floor? Just wait a moment for them. Just bear with us for those that are online. We're just getting some names and suburbs sorted out so that we can access the microphone. Yes, Chair. I would like to introduce John Notley from Castle Hill. Good morning, John. Good morning. I don't want to really ask you a question. I want to explain why you shouldn't vote for the resolution. I assume I can do that. I'll allow you to make some comments, John. Yeah. As you heard, my name is John Notley. I'm a very small shareholder in CSR, with most of my shares acquired in 2012. I'm a professionally retired accountant, chartered accountant, and secretary. My background with CSR goes back to 1960, and then I did 25 years working in various sections of CSR, starting in the Chief Accountants Department, 2 years, 3.5 years on the Wittenoom Blue Asbestos Mine site as accountant secretary, and then 9.5 years with Brian Kelman as his accountant secretary for the Mineral Group and Concrete and Quarrying, including Mount Newman, Mount Gunson, and Julia Creek. Then I came back and had three years with the corporate affairs on price justification, and then I spent seven years with Gove Aluminium up until the Tomago smelter. So talking of that, I've always had great regard for CSR and the board up until today. Back to the current matter, the selloff of CSR to an overseas company and why you should vote against the resolution. CSR has been an Australian-managed company and known company since inception in 1855. It has changed its operations from sugar, minerals, mining, and building materials over the years, and from about 1987, they reduced their operations investments to building materials and Tomago. However, having read the 250 Scheme Booklet and its reason for recommending the sale, I do not believe it is in the long term of small shareholders and the staff, and not including the directors probably, and Australia to have the company absorbed into a French group who may have very different ideas on the continuation of the operations. I have a whole chance to give a connection to CSR, and I'm not interested in being denied connection to a great Australian icon in favor of a once-only capital profit of about AUD 7 a share, of which 50% is taxable anyway. All company shares held by long-term investors are subject to risks in any company you have in their operations, but we hold shares to participate in the future financial risks and performance of those companies. Generally, long-term small investors are not holding shares to have a deal with a 100% takeover of the company as suggested by the board. Unfortunately, today, the board and the super and investment funds who hold over 36% of the company shares seem to be only interested in short-term profit by sale of this future. I'm sorry to hear that the Foreign Exchange Review Board has already approved it without any comment from anybody else, and I believe it's not in the best interest of CSR employees and Australia. I would suggest that maybe the directors ought to read Bruce Ford's *Downsizing of an Australian Icon* of 2015, which may be of interest to them. So finally, please vote against the sale of the scheme resolution. Thank you very much. Thank you. Thanks, John. Appreciate you taking the time to come in today from Castle Hill. I know you've always participated in our AGMs, and congratulations on your service to CSR. I understand those sentiments, and you often hear of them across Australia, but we're a public company, and the process that we've gone through has led us to where we are today. I will take one issue with the comment you made. The board considered all stakeholders' interest in this, and we are strongly of the view that this is an exciting opportunity for CSR employees in particular to be part of, to get the opportunity to be part of one of the world's leading light construction global players. And I think that's a very clear thought for all of us around the board table, but I appreciate your views and thank you for taking the time to share them with us. Yes, Chair. I would like to introduce Natasha Lee from Alexandria. Thank you, Mr. Chair. Yes, I feel a little bit sad. I've been involved on and off with CSR for like 20 years. The latest involvement probably goes back 5 or 6 years. But setting aside the emotional connection to the company, as a rational economist, I see the benefit in cashing out and redistributing those funds into other companies. Not that CSR hasn't been performing well, but I think that there's always opportunities to look at new horizons. So I am voting for that, and thank you for that. Thanks for your comment. Yes, Chair. I would like to introduce Arthur Miller from Gold Coast. First of all, I am against the scheme all the way because according to what I see in the report, you have a cool scheme all the time. Really, it's a French company taking over an Australian company. That's why it is. And they'll delist on the stock exchange here, and they're going to move to Europe and make money here in Australia. That's why they try to do it. Consider the currency we have at the moment, around 35%, $0.35 less for the American dollar we pay, which they make it as I understand all that. I don't understand why Australia still keeps the American dollar. 40 countries in the world don't dump the American dollar altogether. So for them, it became cheaper to buy an Australian company here because the currency they will use is the American dollar euro. Okay? That's the first thing. The second thing is why the board put so much emphasis for the goal to the scheme you call the scheme for me is behind and really is a French company takeover. You don't mention very much about that. Okay? The second thing you say is misleading. You say paying AUD 9. They are paying AUD 9. They are paying AUD 8.80. AUD 0.12 is the dividend we have to pay for the last three months, six months. And that's what it is. And the reason the company is going down, not because the shareholder, because the board. We have a board that doesn't deserve to be there. And why the chairman emphasized so much on that? I vote against. I have represented superannuation here and my personal as well. So I will vote against that. I don't agree with that. So there's a lot of things, not all very old company, Australian company, and now the board will give you much more incentive. I'm going to speak to the Australian Securities and Investments Commission about that as well. Okay? So that's what I would like to say. Thanks for your comments, Arthur. Perhaps a couple of thoughts around that. Firstly, on foreign currency, I'll leave commentary on Australia's currency value relative to the US, the euro, etc., to the Reserve Bank or the Treasury or someone like that. We are where we are. In relation to the consideration, it is very clear that the time of the bid was made. It's AUD 9 in total, and it's being paid in an AUD 0.12 permitted dividend and an AUD 8.88 balance. It's very clear it's AUD 9. There's any question around that. But thank you for your comments and appreciate you coming down from the Gold Coast to take part in today's matters. Any more questions from the floor? Yes, ma'am? Just one. Yes, Chair. I would like to introduce Esther Woy from Woollahra. Good morning, Esther. Thank you. Good morning, Chairman. I'm just puzzled when I come in. I see it says CSR Building for the Future. It will not be all for the future. It will be the French company if the scheme goes ahead. And I'm puzzled that recently the Australian government has been trying to promote manufacturing facilities in Australia for various things because the world is not so much globalized as now coming to be really countrylized because everybody wants to make things themselves. So why would CSR, such a company of more than a century if it started at 1855, let the control go into a foreign company? It may be fair and reasonable for shareholders, but is it fair and reasonable for Australia? Because Australia needs manufacturing production, and CSR is manufacturing asset, which has been transferring from sugar refinery now to building products. And also, Australia needs more housing, so there's building products. We are not interested to have a French company bring this CSR into the global scene. We are interested in Australia. So I think a lot of shareholders will be like me. We will vote against it simply because 100% control is going into a foreign country company. Thank you. Thanks, Esther. And I note from the online platform that a shareholder by the name of Esther Anderson has asked a similar question. Why were the long-term disadvantages of selling an Australian-owned company into foreign ownership not mentioned in the scheme booklet? So I might deal with both of those questions at the same time if I may. The question that you're asking, Esther, here is a question for the Foreign Investment Review Board, and that decision was made and announced on Monday of this week. In terms of the disadvantages of selling, well, we're not asking shareholders to contemplate owning Saint-Gobain shares. They're offering a cash price, which explains why the Scheme Booklet is structured the way that it is. In the end, despite the proud history that our company has and the very exciting future that we all believe in as board members, the question before all shareholders today is whether or not to approve the scheme. That is a question that we felt as a board, given the value that was being proposed and the offer that was made, that we needed to put to shareholders, and that's the process we followed, and here we are. Shareholders will determine that today. But thank you for your comments. Any more questions from the room? I can see we have one more online. So while we're waiting for that, Joyce, you've got the word all ready to go? Yep. Yes, Chair. I would like to introduce Richard Marden from Paddington. Hello, board. Morning, Richard. Hi. I'm very interested to know what effort the board has gone to to try to seek a better effort, a better offer for we shareholders. I get the impression that you've relied heavily on the independent expert who may be in the eyes of the board, an independent expert, but not necessarily agreed to by shareholders. How much time has been put in, and this has also never been reported in any of the material that's come out so far that the board is on the road looking for a better deal for shareholders and strenuously emphasizing the need for a better deal because you can't, I mean, convince us shareholders that there are no better deals out there, largely because you're driven by the views of the independent expert, that it is your job on our behalf to be hawking the business around the world and getting a better and better effort. So I want a quick rundown of what individually the directors have been doing to get that better offer. Thanks, Richard. It's an interesting challenge you've put to us. Let me answer it this way, and I don't think it's something that as a board we can divulge in any great detail. But firstly, your thought that we relied upon the independent expert to arrive at our opinion, that is not correct. And it's quite clear that from the announcements that were made in February, you could see our opinion. The independent expert work follows that and follows that as part of the scheme process. And worthy of noting there is that the price that's before this meeting to accept or not is a price that's in the top third of that valuation range. As a board, and noting that this company has been through some difficult periods where we felt as a board we were grossly undervalued, the board has done a lot of work to understand how to assess the value of all the components of CSR as a group, the different assets and the liabilities, and to work out ways we think we can extract better value for them and particularly to get that value reflected into the share price. That is not a process that started at the start of January when Saint-Gobain's first non-binding indicative offer was received. That is a process we've been dutifully following as part of our disciplined board meeting agenda for several years. That put us in a position to understand that once Saint-Gobain had increased their offer to the AUD 9 price that we're now talking about, that we were in a position to put that to shareholders. Now, of interest at that point was that there is not one bit of scuttlebutt, not one mention from an investment bank or a hedge fund or a private equity firm of anyone thinking that there is a different way of configuring these assets or configuring a transaction to get a better price than AUD 9. Right up to the start of this meeting, we've been open to changing our view if there is a superior proposal and there is not. So we are where we are. We are very comfortable with our unanimous recommendation to vote in favor of the scheme. But thank you for your thought. It's a good one for shareholders to be challenging us on. We do have another question from the floor. Before I go to that, just a reminder that I will close the poll at the end of question time. Those that are participating online, please submit your vote now if you've not already done so. Yes, Chair. I would like to introduce Richard Burrell from Ettalong Beach. Good morning. I just want to ask a very quick question. If CSR continued to trade in its present form, why would it not be feasible that the share value would have reached AUD 9 a share some way down the track? It might be two years or three years because you've got terrific brands and it's a highly regarded business and with opportunities going forward. Why couldn't you have not just continued to trade and be competitive with Saint-Gobain? I mean, or merged? I mean, could there have been an opportunity to merge with, say, Boral, for example, to make it a more resilient company? Are there other opportunities outside your thinking that you could have just continued to keep the CSR brand going forward? Thanks, Richard. A good challenge and in a similar vein to the question that preceded you. We have considered all sorts of options. There are ACCC considerations regarding mergers within Australia. Organizations like Saint-Gobain don't just casually start trading in a new country if they haven't got a productive capacity to back up what they're selling. So they're looking to participate in this economy by acquiring at a very strong price CSR. We were strong in doing the work to understand how best to get value, and that is why we are at the meeting today. Outlined in the Scheme Booklet, you will see the thought that you put that we continue trading is that that's clearly a counterfactual. And the board's view is that over the medium term, that is a possibility that we would achieve that. But there is the time value of money and all the risks associated with doing so, which is why that's clearly set out in the Scheme Booklet. So again, the thought you've put is one that we've had strong discussions ourselves around, and we didn't arrive at, "Okay, well, let's sell to them flippantly." That was a very, very strong discipline process across the period from the few years before when we were making sure we felt the company was as best supported as possible and putting its best foot forward in terms of how it operated and how investors could understand its prospects. And then once we were engaging with Saint-Gobain, making sure that they understood that they needed to pay more and their final offer was a very strong one. So thank you for your question. All right. There's no more from the floor. We do have another question online. Julie? Thank you, Chair. So we have a question from shareholder Mr. Robert Eades, who asks, "Why does this transaction need to be completed prior to June 30? Can the capital gains taxing event for shareholders occur after 1 July?" Thank you for your question, Mr. Eades. I'm sure by the time you get to your tax accountant, you'll understand that your tax accountant will answer this in a way that you'll be very pleased. The bottom line is that the implementation date, which is the taxable date, is 9 July. So it is occurring after July 1. Are there any questions on the phone? Thank you, Chair. There are no questions on the phone at this time. All right. A reminder that we'll close the poll at the time the questions end. There's no more online. Any more in the room? Any more online? Okay. So those that are able to vote in the room, and you haven't done so, please make sure you get your pink voting card in. As we move to clean up any more votes on the floor, I will now display the proxies for the resolution received prior to the meeting, which are shown on the slide displayed. Let me read these out for you. The proxies received in the scheme resolution prior to the meeting were 228,784,215 votes in favor from 4,579 CSR shareholders. 3,242,275 votes are undirected from 538 CSR shareholders, noting that I will vote undirected votes given to myself as chair in favor of the resolution and 3,254,961 votes against from 634 CSR shareholders. Ladies and gentlemen, that concludes the resolution and the business of the scheme meeting. I will now ask that for those of you in the room here today, if you haven't already completed your voting cards, to please do so. Are we all in? I think we're all in. Making sure that if you're joined online, please finalize your online votes because the poll will close very shortly. I think we're all done. Right. Thank you, everybody. As forewarned, I will now close the online voting system and formally close voting. Based on the proxy results received in advance of the meeting and the preliminary results of the votes both in person and online this morning, I am pleased to advise that there has been tremendous support for the scheme resolution, both in the number of shareholders who have voted and the number of shares voted. The second court hearing is an important final step in the scheme process to take place early next week. While the final voting results are subject to the conduct and the conclusion of the poll, it is very pleasing to be concluding the meeting today with strong shareholder support expected to be based on the proxy results and preliminary results of the votes both in person and online this morning in excess of 95% in favour, and I thank shareholders for this support. The final poll results will be released to the ASX and posted on the company's website when they are available, which is expected to be later today. On behalf of all directors, I would like to thank our shareholders for their support of CSR over the years, noting that many have been investors in the company over a long period of time. It would be remiss of me to finish today without taking the opportunity on behalf of the board and shareholders to thank a number of important stakeholders. Firstly, in relation to the scheme itself, the high quality and timeless timeliness of advice and support provided to CSR by our financial advisors, UBS, and our legal advisors, HSF, has been outstanding. Sincere thanks to Greg Pearce, Tim Coker, and the UBS team, and to Tony Damian, Amelia Morgan, and the HSF team for their tremendous guidance. Secondly, I would like to thank both the leadership team and the broader team at CSR. The attractive value creation for shareholders arising from the planned acquisition by Saint-Gobain is a clear validation of the strategy and its successful execution by the CSR team under Julie Coates' leadership. I thank and commend the 2,800 employees across CSR's Australia and New Zealand operations for their outstanding endeavor and commitment. I want to also personally thank my fellow directors for their wise counsel and support around the CSR board table. Saint-Gobain and CSR have strong strategic and cultural alignment, and there is an exciting opportunity ahead for CSR's customers and, importantly, the CSR team for continued innovation and strong performance in the Australian and New Zealand building products industries. I would like to extend an invitation to all attendees to join us now for refreshments, and with that, I declare the scheme meeting of CSR closed, subject to the conduct and conclusion of the poll. Thank you very much, and thank you, Nigel, who's somewhere very early in the morning in Europe. You can now go to bed. Thanks.
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