Thank you for standing by, and welcome to the E&P Financial Group Limited first half of 2023 results webcast. All participants are in a listen-only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number 1 on your telephone keypad. I would now like to hand the conference over to Mr. Peter Anderson, Managing Director and CEO. Please go ahead. Good morning, welcome to the E&P Financial Group results briefing for the half year ended 31 December 2022. My name is Peter Anderson, I'm the Chief Executive Officer of the company. Joining me today is Stephen Hill, our recently appointed Chief Financial Officer and joint Company Secretary. Stephen has been with E&P for over 7 years and has held various leadership positions, most recently as Deputy CFO. Our previous CFO, Paul Ryan, remains with us as Managing Director and CEO of our wealth division, Evans and Partners. In today's briefing, I'll provide an update on our strategic progress, followed by an overview on the performance of our divisions. Stephen will talk to the group's consolidated results before I conclude with some comments on the outlook. Moving now to the first slide of our presentation, which lists the five key strategic priorities we as a board and management team have been focused on for some time now. The key message to take away from this slide is that we are in the advanced stages of our business transition. Objective one, to implement a single premium wealth model under the Evans and Partners brand, is now complete. Exiting the real asset funds business and focusing on our core equities platform is strategic objective two and one of our top priorities. We have had a very productive six months working through several initiatives in pursuit of this goal, which I'll talk to later. As we stand here in late February, we only have a small number of processes to finalize. We expect these will be substantially completed by the end of this financial year. Our third objective, to resize our infrastructure to ensure it aligns with our simplified go-forward business model, is also largely complete. This process has been ongoing since I joined the business over three years ago. In the past six months, we have made appropriate further personnel changes following the consolidation of our wealth business and the deliberate reduction of our funds business. Objective number four is to resolve the remaining legacy issues. The Deed of Company Arrangement proposed by EP1 was approved by DAS creditors in December 2022. The class actions remain our focus, and we continue to work through this legacy issue with our legal advisors. Finally, with objectives one, two, and three complete or largely complete, we are now in a position to aggressively target growth in our core service offerings. Whether it be in E&P Wealth by transitioning our mass affluent wealth business to a contemporary independent advice model built for the long term and with significantly improved economics, or in E&P Capital by expanding the platform and origination capability with senior recruitment across our key focus sectors, thereby strengthening the boutique offering we provide for our clients, or in E&P Funds by growing our core equities offering with greater external distribution and improved access on key platforms. Each of our divisions have made solid progress with their respective, clearly defined growth initiatives. We believe there is a significant opportunity ahead of us to capitalize further for the benefit of our clients and shareholders. I won't spend too much time on the next slide, but I believe it's important to illustrate the simplified go-forward business model across our three core pillars. Over the past couple of years, we have transitioned from multiple operating models across each of wealth and capital, and a funds business dominated by vertically integrated real asset funds to a single wealth model under the Evans and Partners brand, a truly integrated capital business, and a very focused, high-quality core equities funds business. We have a simpler, fit-for-purpose, fully integrated financial services delivery platform that leverages the complementary strengths of each division for the benefit of our clients. With that, I'll now move on to our presentation of the half year results. Over the past six months, the group delivered a meaningful performance improvement on the prior period, notwithstanding challenging market conditions. The group generated first half net revenue of AUD 93.4 million, a 13% increase on the prior half, but a 15% decrease on the prior comparable period. Our underlying EBITDA for the half was AUD 12.8 million, a 57% increase on the prior half, but a 38% decrease from the same period last year. Underlying NPATA for the half was AUD 4.5 million, a significant improvement from the prior period, but a 54% decrease from the first half of FY 2022. Our underlying earnings per share of AUD 0.02 was similarly a notable increase compared to the prior period. After declaring a final dividend for FY 2022 of AUD 0.027 per share, the board has decided not to declare an interim dividend this year, given near-term economic uncertainty and the outlook for the second half. The board understands that dividends are important to shareholders and remains committed to a targeted full year payout ratio of 75%-80% of NPAT over the long term. Moving on to the next slide. The improvement in financial performance over the six months was largely due to the initial recovery in E&P Wealth, solid M&A activity in E&P Capital, notwithstanding challenging market conditions and asset disposal fees in E&P Funds. Pleasingly, the continued transition of our mass affluent wealth clients to industry preferred funds under advice-based fee models and industry standard pricing has begun to show in the numbers. However, the full effect won't be felt until next financial year. The strong results from our M&A practice helped to offset a market driven decrease in capital markets activity and institutional trading volumes. In E&P Funds, we made further progress in realizing value and liquidity for investors in our real asset strategies, most notably with the completion of the New Energy Solar portfolio sale in November 2022. During the half, we continued to refine our cost base to reflect the simplified business model. Our statutory profit for the half of AUD 2.5 million was again impacted by several non-underlying items that primarily related to the ongoing legacy issues. Included in these items were additional costs experienced in addressing the regulatory and class action processes, the additional contribution made by the group to the DAS DOCA Fund and redundancy costs. Moving now to slide 10 where we have our key medium-term business drivers. In E&P Wealth, funds under advice was up 5% in the 6 months to 31 December 2022 to AUD 22.1 billion as a result of growth in existing client portfolios. Overall, total client numbers were down by approximately 400 to 7,600, largely due to the exit of former Dixon clients and the cancellation of a group of inactive and low balance transaction broking accounts with minimal revenue contribution. Importantly, we saw growth in the number of full service clients, driven by the continued strong uptake of our RWM service offering. In E&P Capital, net revenue of AUD 26.6 million was up 4% on the prior half. However, down 27% compared to a record first half 2022 as softer capital markets and institutional trading activity weighed over the period. In E&P Funds, our funds under management was lower at AUD 4.3 billion compared to June 2022. This reduction follows the rationalization of our equities offerings and capital returns to investors from our real assets funds. Moving now to the divisional updates, starting with E&P Wealth. The first half was an improvement on the prior 6 months, but was down on the prior comparable period due to the flow on effects of previous Dixon Advisory client losses and challenging market conditions impacting funds under advice and capital markets activity. Net revenue of AUD 41 million was 8% higher on the prior period, reflecting the initial recovery of the division following a period of significant disruption and restructure. Underlying EBITDA of AUD 4.6 million was up 65% on the prior period, however, down 43% as compared to H1 2022. Advice and services revenue showed improvement, benefiting from the ongoing transition to funds under advice-based revenue. Whereas the reduction in brokerage revenue reflects the deliberate structural shift in our advice model. Driving the increase in advice and services revenue was the growth in our retail wealth management service offering. At 31 December, we had over 1,600 clients on the model, representing AUD 3.1 billion in funds under advice. This represents a 55% and 50% increase, respectively, in the 6 months since June, assisted by the transition of former Dixon Advisory clients to Evans and Partners over the past 12 months. As of December, we had completed approximately 60% of the fee reviews for our remaining fixed fee clients. Of this 60%, approximately three-quarters have transitioned to the new industry standard fee arrangement or a funds under advice-based fee model. This has further accelerated the shift of client funds to the independent advice model we are targeting. At 31 December, 59% of our funds under advice are on a full service advice arrangement, up from 48% 18 months ago. Conversely, the proportion of client assets on a fixed fee arrangement is down from 23% to 9% over the same period. Whilst we are pleased with the early progress, we note these initiatives and the associated earnings recovery are ongoing. We expect to see a further revenue uplift in the second half and into the next financial year as the initiatives are completed. Moving now to E&P Capital. E&P Capital had a sound half in light of difficult market conditions and low transaction volumes across the market as a whole. We had a strong result on the M&A side of our corporate advisory business, closing several key transactions. However, capital markets and institutional trading activity was significantly lower than prior periods. Overall, underlying EBITDA was down 51% compared to the first half of last year, driven by a reduction in revenue of record M&A volumes and market-driven softness in capital markets and institutional trading volumes. From an operational perspective, we invested selectively across the platform. This included senior recruitment in target sectors across corporate advisory and research, strengthening the platform from a coverage and origination standpoint. I'll now move on to E&P Funds. Overall, net funds revenue of AUD 25.8 million was up 34% on the prior period, but down 8% on the prior corresponding period. Similarly, underlying EBITDA of AUD 9.3 million was up materially on H2 2022, but down 8% on the prior corresponding period. FUM-based revenue was down as a result of lower real asset FUM, mainly due to capital returns from New Energy Solar and the Fort Street Real Estate Capital Fund As I mentioned earlier, we are nearing the completion of the restructure of our funds business. As announced in December, we commenced the process of winding up the Orca Asia Global and Healthcare strategies, allowing for sharpened focus on our core Claremont Global and Global Disruption equity strategies. Whilst funds under management as of 31 December was AUD 4.3 billion, this amount will reduce further over time. The chart on the bottom right of the slide details our pro forma December 2022 FUM, reflecting the go-forward E&P Funds offering once the discontinuing funds are stripped out. Within our core equities funds, distribution efforts for the Claremont Global strategy in particular are going well. At half-year end, we had 59 external private wealth groups invested in the strategy, significantly up from 10 groups at the end of FY 20. Key to our distribution efforts is a deliberate investment in our brand and marketing for investor engagement. A highlight of the half was Head of Claremont Global, Bob Desmond's presentation to Sohn Hearts & Minds Conference in November 2022. We reiterate previous advice that the structural changes to the funds business will continue to affect forward earnings. FUM and non-FUM based contribution will reduce as the real asset funds roll off, but so too with costs. We expect the contribution will be replaced by core equities earnings over the medium term. That concludes the update on our three divisions. Next, I'd like to briefly talk to you about our work on the ESG and sustainability front for our clients and our actions at a corporate level. At a client level, we have augmented our wealth service by enhancing the data our clients and advisors can access to enable greater choice of sustainable investments and improved decision-making. The specific initiatives are shown on screen. Overall, we've made great progress integrating ESG considerations into our advice and client experience, and we are seeing increased client participation as a result. At a corporate level, we have continued to build out our corporate sustainability framework and reporting program that we launched alongside our full year results six months ago. It was pleasing to make quantifiable steps towards our own corporate sustainability targets. During the half, this included entering into certified renewable electricity contracts in all of our Australian office locations from January 1, 2023. We also expanded our community engagement and philanthropy program across the business. Before I hand over to Stephen, I'd like to touch on the voluntary administration of DAS and the outstanding representative proceedings against the company. I mentioned earlier, DAS creditors voted to approve the Deed of Company Arrangement proposed by E&P in December. Tranche A has been paid, with the payment of Tranche B dependent upon the timely resolution of the class actions. The second matter on the slide relates to the ongoing representative proceedings which were launched in late 2021 against DAS, EP1, and former group executives. Mediation between the parties is scheduled for late March 2023. With that, I'll hand over to our CFO, Stephen Hill, who will talk to the group financial results. Thank you, Peter, and good morning, everyone. I'll start by talking to the group's consolidated P&L on screen now. Group net revenue for the half was AUD 93.4 million. This was an improvement on the prior half, but down 15% on the prior comparable period. As Peter mentioned earlier, the top-line result was affected by uncertain market conditions, which led to reduced capital markets activity and trading volumes. We did, however, receive benefit from the initial recovery in our wealth division and a disposal fee for asset sales from New Energy Solar. Staff expenses were 12% lower than prior comparable period due to lower revenue linked to staff remuneration and headcount. At 31 December 2022, firmwide headcount was down approximately 13% compared to a year prior. Operating expenses were in line with the prior comparable period and continued to be managed closely. To ensure savings are reallocated more efficiently towards supporting our growth initiatives. Underlying EBITDA of AUD 12.8 million reflects a material increase in underlying profitability when compared to the second half of the 2022 financial year. Down on the first half of FY22 by approximately 38%. The group recorded a statutory net profit after tax of AUD 2.5 million. As Peter mentioned earlier, this result was influenced by several non-underlying items incurred while continuing the resolution of legacy issues. These non-underlying items are detailed in the appendix to this presentation on slide 24. The effective tax rate for the half was 41% due to the non-deductibility of share-based payment expenses and the impact of a U.S. deferred tax asset write-off. A reconciliation of the group's tax expense for the year is also in the appendix. On the next slide, we've set out the group's cash flow statement. The key items to note for the half relate to the net operating cash outflow of AUD 19.1 million, driven primarily by the AUD 15.5 million in DOCA Tranche A payment in late December and annual bonus payments in September. Proceeds from investments over the period primarily reflect the sale of FSREC property fund units and the return of capital for New Energy Solar units held as principal, while dividends received were primarily from our investments in the CD Private Equity Joint Venture. On the financing cash flows, the group purchased a further AUD 0.1 million of treasury shares to satisfy the future exercise of employee share rights. I'll remind shareholders that we have suspended granting EP1 shares to all employees with the exception of key management personnel or to meet contractual commitments. We also paid our FY22 full year dividend of AUD 0.027 per share, which totaled AUD 6.3 million. Moving now to the balance sheet on slide 19. At 31 December 2022, the group held cash totaling AUD 47.9 million with no borrowings. I note the timing of annual bonuses means that we tend to experience a seasonal trough in cash balances in the first half of the financial year. I should also note the large majority of the group's cash balance remains committed, the details of which are set out in the chart at the bottom of the page. The decrease in trade and other receivables compared to the 2022 year-end reflects the timing of corporate advisory transactions completed in June 2022 and subsequently collected. The reduction in financial and available for sale assets primarily reflects the sale of FSREC property fund units and New Energy Solar capital return. The decrease in other liabilities reflects the removal of the DAS intercompany loan liability following the creditor vote in favor of the DOCA proposal and the DOCA Tranche A payment. As a result of this Tranche A payment, a AUD 1 million deposit has been recognized as an asset with a DOCA Tranche B provision of AUD 4 million also recognized in December. With that, I'll now pass back to Peter to talk about the outlook for the company. Thanks, Stephen. As we look ahead, the board and management team are firmly focused on two goals. Those are, firstly, leveraging our simplified platform to deliver growth from our core businesses, and secondly, resolution of the remaining legacy issues. I'd like to make a few comments on our financial outlook. Firstly, I must reiterate the earnings contribution from the E&P, E&P Funds division and real assets in particular, will continue to reduce as the final structural change initiatives are completed. We believe the uncertain economic outlook in both Australia and overseas is likely to mean challenging market conditions will persist in the near term. This in turn will present challenges for fund-based revenue in E&P Wealth and E&P Funds and headwinds in E&P Capital's equity markets facing business. Although our corporate advisory business had a solid first half and has an encouraging pipeline for future activity, execution and timing risks remain elevated. We believe the Capital business is very well positioned to perform strongly when capital market conditions improve. However, prevailing volatile market conditions are impacting both brokerage volumes and the rate of completion for corporate M&A and ECM transactions, as well as FUM and capital markets-based revenue in Wealth, such that we expect full-year group earnings for the period ending June 2023 to be materially below the previous corresponding period. The board and management remain both positive and optimistic about the ability of the business to grow from its simplified and enhanced platform once market conditions improve. As I mentioned before, while the board has not declared an interim dividend, the board remains committed to its full-year dividend payout ratio of 75% to 85% of NPATA, should conditions and performance improve over the next six months. Thank you for joining us today. We'd be pleased to answer any questions. Thank you. If you wish to ask a question, please press star then one on your telephone and wait for your name to be announced. If you wish to cancel your request, please press star then two. If you are on a speakerphone, please pick up the handset to ask your question. Please limit your questions to two per person. If you wish to ask further questions, please rejoin the queue. At this time, we will pause momentarily to assemble the roster. Once again, if you wish to ask a question, please press star then 1 on your telephone and wait for your name to be announced. There appear to be no questions at this time. That does conclude our conference for today. Thank you for attending today's presentation. You may now disconnect.