President of the Room or the representatives of Property 5 at 11:00 A.M. The Board unanimously recommends that shareholders vote in favor of the scheme as no superior proposal has emerged, and the independent expert has concluded the scheme arrangement is in the best interest of shareholders. We would again like to recognize and thank our staff for the incredible role they played in our business during the year. Their continued ability to find innovative solutions to problems, create beautiful designs, and produce year-round quality product makes the Group a global leader in the floral supply. Now I'll hand over to Hugh Toll for his address as CEO and Managing Director of Lynch Group. Thank you, Patrick, and good morning, ladies and gentlemen. Today I will talk to you about our performance over financial year 2025 and update you on the execution of our current growth strategies and progress on sustainability. Across FY 2025, our committed teams delivered outstanding operational execution whilst continuing to advance our strategic initiatives across the business. The Group's full-year results finished ahead of the updated guidance provided to the market in early June at both revenue and EBITDA. Results reflect a continuation of robust demand in our Australian operations and an improved second-half performance from our China business, with pleasing year-on-year growth in pricing across the major event windows. Our FY 2025 results reflect 8% growth in Group revenue year-on-year. Australian customer demand remained strong across the year, with supermarket customer collaborations across rebranding and a reduction of sale or return store conversions supporting a positive growth result. The Australian revenue uplift was also supported by pleasing growth from our wholesale markets channel, which predominantly services florists. China also delivered strong year-on-year revenue growth, delivered via higher volumes of both roses and tulips, improved tulip pricing, and increased export volumes. Event demand and pricing across the second half of the year were significantly improved on prior year. Group EBITDA of AUD 43.2 million exceeded last year's result by 9%. Australia's result improved by 8%, driven by top-line growth supported by a 20 basis point expansion in margin. China EBITDA improved 13% year-on-year off the back of a strong second-half performance during key events. Whilst we are seeing a steady improvement in consumer demand and confidence, demand remains patchy outside of event windows. For the year ended 29 June 2025, the Australian operations achieved revenue of AUD 351 million, +6% on FY 2024. FY 2025 underlying EBITDA of AUD 34 million, +8% on the same period last year, outperformed revenue growth through a combination of range management, profit improvement initiatives, and disciplined cost control. Customer demand for supermarket floral products remained resilient across the year, with early signs of an improvement in consumer confidence as interest rates eased and employment markets remained strong. The event window across the second half of the financial year was particularly strong for our Australian operations, with key supermarket events across Valentine's Day and Mother's Day delivered in full, achieving excellent sell-through rates in store for our customers. Growth was boosted across the year by close collaboration with a major customer in a brand launch and range refresh, as well as a resumption in sale or return store conversions. Whilst we continue to see declines in potted revenues from the peak in 2021, consumer demand for floral continues to more than offset the mixed-shift impact of these declines. EBITDA growth outperformed top-line growth across the year as ongoing cost management and efficiency initiatives delivered improved margins on a higher revenue base. Ongoing investment in automated bouquet lines has also improved efficiency and de-risked execution for our major event periods where volumes increase three- to four-fold on ordinary weekly throughput. For the year ended 29 June 2025, the China operations achieved revenue of AUD 101 million, +18% on FY 2024. FY 2025 EBITDA of AUD 10 million, +13% on the same period last year, was achieved through an improved second-half rose price and stronger tulip and export sales. The FY 2025 farm development programme takes total greenhouse space in production to 85 hectares. The increase in revenue resulted from a combination of a 4% improvement in farm production volumes, with growth in both our key rose and tulip lines, a 7% increase in farm ASP, underpinned by broadly flat year-on-year pricing for roses, and a 25% lift in tulip pricing, and higher export revenues from increased volumes into Australia, which also included the pass-through of outbound freight costs. China's improved EBITDA performance was primarily generated from a lift in pricing across the second half of events, which now encompass Chinese New Year, Valentine's Day, International Women's Day, Mother's Day, and the 20th of May. In general, consumer demand is showing gradual signs of improvement, albeit concentrated in the event windows where gifting, consumer connection, and engagement to individual events tends to drive better pricing and market demand. Our multi-channel sales strategy, underpinned by three distribution points in Kunming, Shanghai, and Guangzhou, continues to enable price optimisation for our products across the seasonal calendar cycle. We are pleased to have issued the Group's third Annual Sustainability Report, Flourish, as part of our FY 2025 Annual Report. This report provides detailed insights into the Group's investment activities and focus areas across our environmental, social, and governance initiatives. Across FY 2025, the Group continued its commitment and multidisciplinary approach to ESG by creating, resourcing, and expanding its sustainability team to include senior members of management from various business units and geographies. The Group identified six sustainability pillars that constitute the underlying framework for the Group's ESG roadmap, being waste, carbon emissions, water, packaging, biodiversity, and people and community. The six pillars constitute the most relevant and material concerns as expressed by the Group's people, customers, and industry. The sustainability report has been prepared on a voluntary basis and not under Australian sustainability reporting standards, AASB S1 general requirements for disclosure of sustainability-related financial information and/or S2 climate-related disclosures. Due to the ongoing scheme of arrangement and shareholder meeting vote on the scheme of arrangement, which is scheduled for today, 21st of November 2025, the Group has not provided a trading update at this time. In closing, the Board and I would again like to recognize and thank our teams across Australia and China for their ongoing energy, effort, and dedication across the year. Their commitment to deliver quality, innovation, and service for our customers remains our biggest strength. Thank you, ladies and gentlemen. I'll now hand back to our Chair. Thank you, Hugh. We will now vote or move to the formal business of the meeting. The notice of meeting has been made available to all shareholders and is also available on the company's website. The voting exclusions that apply to the resolutions in today's meeting are set out in the notice of meeting. As I mentioned earlier, the poll for voting is currently open on all items of business. Item one, Annual Report. The first item of business is to receive and consider the Annual Report of the company for the year-ended 29 th of June 2025, which includes the Financial Report, Director's Report, and Auditor's Report for the company, a copy of which has been made available to shareholders on the Lynch Group's website. While there is no requirement for shareholders to vote on this report, this item provides an opportunity to discuss the report and for the Board or our auditor to answer any of your questions on the report. In particular, our auditor is available to answer your questions relating to the conduct of the audit, the preparation and content of the auditor's report, the accounting policies adopted by the company in relation to the preparation of its financial statements, and the independence of the auditor. No questions have been received from shareholders prior to the meeting. There being no further questions in relation to item one, we come to the items of business for which a vote is required. The next two items of business require a shareholder vote. Each of those resolutions is an ordinary resolution which will be passed if more than 50% of the votes cast by or on behalf of shareholders entitled to vote on the resolutions are in favour of the resolution. As noted earlier, I confirm that I will vote all undirected proxies in favour of each of the following resolutions. Item two, resolution one, adoption of the remuneration report. Item two is to consider and, if thought fit, to pass the following resolution as an ordinary resolution of the company that, pursuant to and in accordance with section 250, subsection two of the Corporations Act, and for all other purposes, approval be given for the adoption of the remuneration report as contained in the Annual Report for the financial year ended 29 June 2025 on the terms and conditions in the explanatory memorandum. Please note that the vote on this resolution is advisory only and does not bind the directors of the company. Nevertheless, the Board will take into account the outcome of this vote when considering future remuneration arrangements of the company. In the interest of good corporate governance, the directors abstain from making a recommendation in relation to this resolution. Instructions in respect to the proxies received on this resolution prior to the meeting are as follows. For 78,029,087, open 38,838, against 651, abstain 9,912 votes. No questions have been received from shareholders prior to the meeting. There being no further questions, I ask that you place your vote in relation to item two regarding the adoption of the company's remuneration report. Item three, resolution two, re-election of Elizabeth Hallett as a Director. Item three is to consider and if thought fit to pass the following resolution as an ordinary resolution of the company. That Elizabeth Hallett, having retired from her office as Director in accordance with clause 20.2 of the Constitution and ASX listing rule 14.5, and being eligible, having offered herself for re-election, be elected as a Director of the company. Elizabeth's profile is set out in the notice of meeting. The Board, other than Elizabeth Hallett, who has abstained from making a recommendation on this resolution due to her personal interest, recommends that you vote in favor of this resolution. As Chair for this resolution, I confirm that I will vote all undirected proxies in favor of this resolution. Instructions in respect to the proxies received on this resolution prior to the meeting are as follows. For 79,394,397, open 38,838, against 389,197, abstain 9,912 votes. No questions have been received from shareholders prior to the meeting. There being no further questions, I ask that you place your vote in relation to item three regarding the re-election of Elizabeth Hallett as a director of the company. That includes the formal business of today's meeting. I will now respond to any general questions of shareholders. Note that no questions have been received from shareholders prior to the meeting. There being no questions from those present in the room, I declare the meeting closed. Representatives from our share registry, MUFG Pension Market Services, will now collect your voting cards. If you have not yet completed your cards, please complete them now. The results of voting at today's meeting will be released to the ASX and put on the company's website as soon as possible. Thank you once again to all shareholders for your support. A reminder that the meeting on the vote for the scheme of arrangement is scheduled today, 21st November at 11:00 A.M. Australian Eastern Standard Time. Thank you. Thanks, Toll. Yeah, that's yours. Yeah. Thanks, guys.