Good morning, everyone. My name is Michael Carapiet, Chair of the Link Group Board, and I will be chairing today's meetings. Welcome to the Link Group Scheme Meeting, which is being convened pursuant to an order of the Supreme Court of New South Wales, made on second of August 2022. The scheme meeting will be immediately followed by the special general meeting. I am delighted to be able to welcome you to the meeting in a hybrid format, with some of you in attendance in person and others attending online. Before we commence, I would like to acknowledge the Gadigal people of the Eora Nation, traditional custodians of the land on which we present today, and the traditional custodians of the land of the various places where we meet, and pay my respects to the elders past, present, and emerging. I extend that respect to all Aboriginal and Torres Strait Islander people attending the meetings today. The time is 10:00 A.M., the appointed time for the holding of the scheme meeting, and I'm advised that the necessary quorum is present. I therefore declare the scheme meeting open and welcome our shareholders and visitors. Today is a very significant day in the history of Link Group. The purpose of this scheme meeting is for Link Group shareholders to vote on a proposed scheme of arrangement in relation to the acquisition of all of the shares in Link Group by Dye & Durham Corporation, who I will refer to during this meeting as Dye & Durham. Before we proceed with the scheme meeting, and thereafter the special general meeting, I have a couple of quick housekeeping points. I would appreciate if all mobile phones could be turned to silent mode or switched off. Recording devices and cameras must not be used during the meetings. In the event of an emergency, please follow the emergency exit signs and instructions of the venue staff. The agenda for today's meetings are as follows. Firstly, I will briefly discuss the meeting and voting procedures. I will then move on to the formalities of the scheme meeting to consider the amending resolution and the scheme resolution. I will then close the scheme meeting, subject to the finalization of the poll, and proceed to hold the special general meeting to consider the capital return resolution. Following the conclusion of the special general meeting, we will finalize the poll, and I invite those shareholders here in Sydney in person today to join me, my fellow directors and senior management for light refreshments. It is my pleasure to introduce the members of our board who are in attendance today. Those with me in person are Link Group CEO and Managing Director, Vivek Bhatia, and our independent non-executive directors, Glen Boreham, Fiona Trafford-Walker, Peeyush Gupta, Anne McDonald, and Dr. Sally Pitkin. Also here today are various Link Group executives and our company secretary. Today's scheme meeting and the special general meeting following this meeting are being hosted in a hybrid format, and we have shareholders attending in person and online using Link Group's award-winning virtual meeting platform. Our virtual meeting platform enables shareholders to actively participate in meetings irrespective of where you are located around the world, making the meeting accessible to all. With COVID-19 restrictions, this technology became even more important as it allowed us to support our clients and their shareholders by providing an entirely virtual meeting alternative in lieu of the traditional face-to-face model. Before moving to the formal part of the scheme meeting to consider the scheme resolution and amending resolution, and thereafter the special general meeting to consider the capital return resolution, I will briefly outline procedures for today's meeting in the following video. In accordance with the company's constitution, and as set out in the notice of meeting, the company has determined that voting on each of the resolutions will be conducted by a poll. The Chair declares the poll open. Also, in accordance with the company's constitution, the directors have determined that each shareholder is entitled to attend and vote. These procedures have been adopted to ensure that the views of as many shareholders as possible are represented. The result of the polls will be declared and released to the ASX later today. Only shareholders, proxy holders, and appointed representatives are entitled to speak and vote. As outlined in the notice of meeting, the Chair will vote all undirected proxies where authorized in favor of each resolution. Those attending in person may cast their vote by filling out a paper voting card. Questions on voting can be answered by Link Group team members at the registration desk outside this room. Shareholders participating via the online platform may cast a vote using the electronic voting card. To get a card, click on Get Voting Card and follow the instructions. For questions about casting an online vote, please refer to the online platform guide. Alternatively, phone the number set out in the guide and on the screen before you. Those attending in person will have received an attendance card at the time of registration. Shareholders, proxy holders, and corporate representatives holding a yellow card may vote by paper and are also entitled to speak. Non-voting shareholders holding a blue card are not entitled to vote, but may ask questions and make comments. Visitors holding a red card may not speak or vote. At the appropriate time, yellow and blue cardholders wishing to speak should proceed to the microphone. Please identify yourself before submitting questions to the Chair. Online platform participants may submit questions by registering as a shareholder or proxy holder and then clicking the Ask a Question tab. Shareholders may ask questions on the phone by using your landline or mobile device and calling the number as set out in the online guide. To obtain your unique PIN, please contact Link Market Services on our help number at the top of your screen. You will need your SRN, HIN, or proxy code to get a PIN to use the shareholder phone line. Following the conclusion of questions from the floor, the Chair will consider questions submitted online. As a courtesy to all present, the Chair asks that questions and comments be restricted to the resolution in consideration and submitted in an orderly manner. The Chair reserves the right to rule out of order all questions not pertaining to the meeting. Thank you. Voting is now open on all items of business. Before moving on to the formal business of today's scheme meeting, I would like to say a few words about the proposed scheme of arrangement with Dye & Durham. On 22 December 2021, Link Group announced that it had entered into a scheme implementation deed with Dye & Durham, under which Dye & Durham would acquire 100% of the share capital in Link Group for AUD 5.50 per Link Group share. Dye & Durham is a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. Details of the scheme are outlined in the explanatory booklet, which was made available to shareholders on 10 May 2022 in accordance with the orders of the Supreme Court of New South Wales. On 21 July 2022, Link Group and Dye & Durham agreed to reduce the base cash consideration payable under the scheme from AUD 5.50 - AUD 4.81 in cash per Link Group share. The reduction in the scheme consideration acknowledged the movements in financial markets and the trading value of Link Group and PEXA share prices since the scheme was agreed in December 2021. Details of the revised scheme are outlined in detail in the supplementary explanatory booklet, which was made available to shareholders on 2 August 2022 in accordance with the orders of the Supreme Court of New South Wales. If the scheme is approved and implemented, Dye & Durham will acquire all of the shares in Link Group for the reduced base cash consideration of AUD 4.81 cash per share. The base cash consideration comprises the amended scheme consideration of AUD 4.81, less any special dividend Link Group determines to pay per share payable by Dye & Durham's nominee, which I will refer to as D&D Acquirer, together with the amount of any special dividend payable by Link Group. The Link Group board currently intends to pay a fully franked special dividend of AUD 0.08 cash per Link Group share. Under the scheme implementation deed, Dye & Durham also agreed that Link Group shareholders could also receive the following amounts as consideration. The fully franked interim dividend of AUD 0.03 cash per Link Group share for shareholders who were on the Link Group share register at the interim dividend record date of third May 2022, which was paid by Link Group on eighth April 2022. The BCM net sale proceeds being the net sale proceeds of up to AUD 0.13 per Link Group share from the sale of Link Group's Banking & Credit Management business, which I will refer to as the BCM business, if it is sold and proceeds are received by Link Group prior to or up to 12 months after the implementation of the scheme. The reduced base cash consideration follows two earlier revised proposals from Dye & Durham at lower prices. The base cash consideration of AUD 4.81 per Link Group share represents a premium of 30.4% to Link Group's closing share price on 24th June 2022, being the last day on which Link Group shares traded before the proposal from Dye & Durham to reduce the scheme consideration to AUD 4.30 was announced of AUD 3.69 and a 40.7% to the VWAP of Link Group shares from 16th June 2022, being the date the ACCC released its statement of issues in relation to the transaction to 24th June 2022 of AUD 3.42. In assessing the transaction, the Link Group board considered the reasons to vote for or against the transaction and other key considerations and undertook a detailed review of the potential alternatives available to Link Group. In particular, the Link Group board has identified a number of key reasons why you might vote in favor of the transaction and a number of reasons why you might choose to vote against it. These are set out in detail in the explanatory booklet as supplemented by the supplementary explanatory booklet and are summarized on the slide now showing. Having regard to these reasons, while the Link Group board acknowledges the reasons to vote against the transaction, the Link Group board believes the advantages of the transaction outweigh the disadvantages. The Link Group directors appointed Deloitte Corporate Finance Pty Limited as the independent expert to prepare an independent expert's report to assess the merits of the scheme. The independent expert concluded that the scheme is fair and reasonable and therefore is in the best interest of Link Group shareholders in the absence of a superior proposal. Following the revised base cash consideration from AUD 5.50- AUD 4.81, the Link Group directors requested that the independent expert update its opinion, advising on whether the revised scheme is still fair and reasonable and in the best interest of Link Group shareholders. As disclosed in the supplementary independent expert's report, the independent expert continues to conclude that the revised scheme is fair and reasonable and in the best interest of Link Group shareholders. The independent expert previously assessed the full underlying value of Link Group at between AUD 4.81 and AUD 5.97 per Link Group share. The independent expert reassessed the full underlying value of Link Group at between AUD 4.34 and AUD 5.51 per Link Group share. The reduced base cash consideration of AUD 4.81 cash per Link Group share is within this range. Further information on the independent expert's conclusion is included in the independent expert's report, which is contained in annexure 1 of the explanatory booklet and the supplementary independent expert's report, which is contained in annexure 1 of the supplementary explanatory booklet. The Link Group directors unanimously recommend that you vote in favor of the transaction in the absence of a superior proposal and subject to the independent expert continuing to conclude that the scheme is fair and reasonable and in the best interest of shareholders. The Link Group directors confirm that as at the time of this meeting, no superior proposal has emerged, nor are they aware of any superior proposal likely to emerge. Prior to this meeting, each Link Group director has instructed that their shares be voted in favor of the transaction. Before we move to the formal business of the scheme meeting, I would like to take the opportunity to comment on the status of the conditions precedent to the scheme and the implementation timetable. As detailed in sections 4.7 and 9.4B of the explanatory booklet, the scheme will not become effective unless the conditions precedent to the scheme are satisfied or waived, if capable of waiver, in accordance with the scheme implementation deed. As at the date of this scheme meeting, the conditions precedent in respect of the Netherlands Authority for the Financial Markets, Guernsey Financial Services Commission, Isle of Man Financial Services Authority, the U.K. Competition and Markets Authority, the Securities and Exchange Board of India, and the Jersey Financial Services Commission have been fulfilled. Implementation of the scheme is now principally conditional on Link Group shareholders approving the amending resolution and scheme resolution at today's scheme meeting, and the capital return resolution at today's special general meeting. Receipt of regulatory approvals from the Australian Competition and Consumer Commission, which I will refer to as the ACCC, the Foreign Investment Review Board, the U.K. Financial Conduct Authority, which I will refer to as the FCA, the Central Bank of Ireland, and the Luxembourg Commission de Surveillance du Secteur Financier, and the Supreme Court of New South Wales continuing to approve the scheme. In respect of the outstanding regulatory conditions precedent, Link Group and Dye & Durham continue to make progress in relation to the satisfaction of the outstanding regulatory approvals by the requisite timing under the scheme implementation deed. In particular, I'm pleased to confirm that D&D has proposed a draft undertaking to the ACCC to divest the Australian business in order to address the ACCC's preliminary competition concerns. The ACCC concluded public consultation on the proposed draft undertaking on 18 August 2022. The scheme is also subject to certain matters not occurring before the second court hearing, currently scheduled for 9 September 2022, which are detailed in the explanatory booklet. This includes that no Link material adverse change occurs and certain Woodford matters not occurring. Link Fund Solutions Limited is in ongoing confidential discussions with the FCA regarding matters relating to the Woodford investigation. The outcomes of those discussions are uncertain and could be relevant to the Woodford matters condition in the scheme implementation deed. The Link Group directors are not aware of any circumstances which would cause the remaining conditions precedent not to be satisfied or waived, except as I've just previously described and as set out in the explanatory booklet and supplementary explanatory booklet. If the scheme is approved by Link Group shareholders today by the requisite majorities and the conditions precedent I have just referred to are satisfied, Link Group will apply to the Supreme Court of New South Wales for approval of the scheme. Link Group has scheduled a court hearing for the court to approve the scheme on September 9, 2022. If all regulatory approvals have been received by this time and the court approves the scheme, a copy of the court orders will be lodged with ASIC, following which the scheme will become legally effective and Link Group shares will be suspended from trading on the ASX. If not all required regulatory approvals have been received by the final court hearing scheduled on 9 September 2022, Link Group may either request a short adjournment of the hearing to be held once the regulatory approvals have been received or may apply to the court to vary the scheme so that the regulatory conditions become conditions to be satisfied within the defined period to be set by the court. That is, for the conditions to become conditions subsequent rather than conditions precedent. If the regulatory conditions subsequent are satisfied by the end of the defined period, the scheme will become legally effective without the need for further shareholder or court approval. Link Group will keep the market informed as appropriate, including announcing to the ASX any regulatory conditions that become conditions subsequent, the timing of their receipt, and the revised timetable to completion and implementation. The implementation date, being the date on which Link Group shareholders will receive the base cash consideration for their Link Group shares, is currently expected to occur on 27 September 2022. The timetable to implementation is set out in the slide currently shown. Noting these dates assume the outstanding conditions precedent are satisfied prior to the final court hearing and are subject to change. Link Group will announce to the ASX any expected changes to the timing of the court hearing and subsequent timing to implementation. If the outstanding conditions precedent are not satisfied by the end date under the scheme implementation deed of 30 September 2022, or if the scheme is not approved by Link Group shareholders by the requisite majorities or the court, the scheme will not proceed, and Link Group will continue as a standalone entity listed on the ASX. We now come to the formal business of the scheme meeting. The notice of scheme meeting dated 10 May 2022 was included in the explanatory booklet made available to shareholders as supplemented by the supplementary notice of scheme meeting dated 2 August 2022, which was included in the supplementary explanatory booklet made available to shareholders. I will take the notice of scheme meeting and supplementary notice of scheme meeting as being read. The purpose of the scheme meeting is to consider and if thought fit, agree to the amendments to the scheme outlined in the supplementary explanatory booklet, the amending resolution, and agree to the scheme of arrangement proposed to be made between Link Group and its shareholders as amended by the amending resolution, the scheme resolution. As chair of today's meeting, I will vote all available proxies in favor of the amending resolution and scheme resolution. The amending resolution is shown on the screen and is as follows: That the scheme of arrangement proposed between Link Administration Holdings Limited and the holders of its ordinary shares as contained in the explanatory booklet dated 10 May 2022 is amended by making the changes outlined in Annexure 2 of the supplementary explanatory booklet dated 2 August 2022. The scheme resolution is now shown on the screen and is as follows: That pursuant to, and in accordance with provisions of Section 411 of the Corporations Act 2001, the scheme of arrangement proposed between Link Administration Holdings Limited and the holders of the ordinary shares as contained in, and more particularly described in the explanatory booklet of which this notice of meeting convening this meeting forms part, is agreed to, with or without alterations or conditions, as agreed by the Supreme Court of New South Wales, to which Link Administration Holdings Limited and Dye & Durham Corporation agrees. Before commencing the poll, I will now ask shareholders and proxy holders whether they have any questions regarding the amending resolution and scheme resolution. I will endeavor to answer your questions straight away. However, I may take a question on notice if necessary. Some of these questions may also have already been addressed in my chairman's address. Prior to the scheme meeting, we have received a number of questions from Link Group shareholders via the online platform. I will respond to those questions in turn first. Chair, The Pole Room Pty Ltd asks, "How does the board possibly justify a drop in price from the higher figure? Surely they can go to the wider market to look for other suitors if they are desperate for an exit?" The reduction in the price acknowledges the movements in financial markets and the trading value of Link Group and PEXA share prices since the scheme was agreed to in December 2021. The reduced base cash consideration of AUD 4.81 is still within the range reassessed by the independent expert as the full underlying value for a Link Group share being between AUD 4.34 and AUD 5.51 per Link Group share. The Link board confirms that no superior third-party proposal has emerged or is likely to emerge. Chair, Miss Leanne Pimblett asks, "Will the staff with shares get AUD 4.81 per share, or is it less per share?" All Link Group shareholders, staff, directors, everybody, as at the scheme record date, will receive the same base cash consideration of AUD 4.81 per share. Chair, Mr. Christian Jørgensen Langberg and Ding Ning Sun ask two questions. First, given that Dye & Durham has varied the offer price from its initial offer price, will it be required to pay the break fee if the vote by Link shareholders do not approve the revised offer? No. Dye & Durham is not required to pay the reverse break fee if Link Group shareholders do not approve the revised offer. Second, Link has several key businesses, including its share registry, PEXA, et cetera, that should be able to grow to the benefit of shareholders with the right focus. One, why is more focus not invested in technology to better compete with companies like Computershare and the like? Two, why is the alternative suggested distribution of 80% of PEXA Holdings not 100% distribution to allow Link to focus on improving its technologies for its core business? Yeah. I guess this question relates to if the scheme doesn't go ahead. Over the years, Link Group has invested in its platform to provide a best-in-class services to its customers and has also delivered a competitive product to the market, as demonstrated by our market shares across the various businesses since the IPO. In the event the scheme does not proceed, Link intends to evaluate alternatives for the business in order to maximize the value for shareholders. An in-specie distribution of a minimum of 80% of Link Group shareholding in PEXA is one of those alternatives being considered. Under Australian tax law, for an in-specie distribution to obtain capital gains tax rollover relief, a minimum of 80% needs to be distributed. The board has not reached a view as to whether in the event this alternative was pursued, the distribution would be 80% or 100% or something in between. Chair, Ms. Natasha Michelle Leigh asked two questions. First, how much has the various consultant reports cost in relation to the scheme? Has any of this cost been met by Dye & Durham, especially after the downgrading of the original offer price? As disclosed in the explanatory booklet, Link Group expects that it will incur approximately AUD 22 million in external transaction costs which relate to the scheme. This includes advisory fees, legal fees, independent experts fees, and these costs won't be paid by Dye & Durham. Second, after today's vote, if it is approved by shareholders, is there a risk Dye & Durham can withdraw from the takeover scheme? As I've covered in my address, if this scheme is approved by shareholders today, there's still certain conditions precedent that need to be satisfied before the scheme can be implemented and Dye & Durham acquires Link Group. Chair, Mr. Lachlan James McAlpine asks, how much is received by the CEO and top executives for this takeover? As required, the supplementary explanatory booklet and explanatory booklet contain detailed disclosure about the amount the CEO is entitled to in connection with the scheme. These disclosures have been run past ASIC and the Supreme Court of New South Wales. The explanatory booklet also discloses the number of Link Group shares each director has a relevant interest in, and each director will be entitled to the base cash consideration of AUD 4.81, as I said, in respect of their Link Group shares, as with all other Link Group shareholders holding shares at the scheme record date, as will the senior executives as well. Are there any questions from the floor? Oh, we'll just bring you a microphone, sir. Yeah. My name is Ray Wheeler. I'm a substantial shareholder for a long period of time. So if this gets through today, I'll be facing a huge capital loss. I don't think you're taking the interest of shareholders seriously, but you're going ahead with this sale. The sale's been going on for far too long. I've got a note that on the fourth of January. Dye & Durham offered AUD 5.657, including franking credits, and now you expect us to accept AUD 4.81. It's first time I've ever been asked to accept a lower price in a takeover. I believe the norm. Also, your date of the June, where you took the value of Link was the low in the ASX. Since that low in June, the market has jumped or risen 12%, which is not included in your price. I believe that from what I understand in a takeover, it works on 10x EBITDA, and you've not released your EBITDA for this financial year 2022, but I think you put a forecast of AUD 250 million. At 10x EBITDA divided by the number of shares comes up at AUD 4.81, which with the dividend comes to AUD 4.81, which is the price they've given. However, I'd go back to financial year 2019 at the beginning of the pandemic, and the EBITDA was AUD 506 million. If you do the same calculation of 10 times EBITDA, it puts the value of shares back in 2019 financial year, June, at AUD 9.30-something. I can't find it in my diary. Now this board here in front of me, you're responsible for this company losing half of its earnings in 2 years. And now you're trying to sell it. I don't want it to be sold. I want it to continue trading. If I'm forced to accept this situation, then I'll take matters further. Ray, thank you for your question and your comments. There's quite a lot in there, so I'll try to address them one by one. The first point is that we have to accept where we are as a board right now, right? The share price is, you know, much lower than the high. There are a number of reasons for that. I guess there isn't much point going through history in a sense. Let me finish. I'll let you go. Let me finish. We accept where we are. All right? Sort of where we are is our share price has traded under AUD 4, and we have an offer on the table at AUD 4.80, where close to 99% of the shareholders are accepting it. Those who voted, and all the major ones called us up. We spoke to them. I share your pain as well because I'm a major shareholder, similar to you, I'd imagine. I would've liked more, but that's not the circumstance in which we find ourselves. Why do you wanna sell the company? Uh- Why don't you just keep on trading? Yes. Good point. You've created PEXA, and PEXA last year had revenue of AUD 200 million. Yet in your presentation of PEXA, you say that it turned over in conveyancing and property sales AUD 2 trillion or something. It's huge. It is. You know, you successfully opened up operations. It is. This company is in its infancy, and why would you wanna sell it now? Uh- You know, why don't you wanna continue developing it and, you know, develop value for the shareholders that own the company? Ray, if 99% of the shareholders agreed with you, that's where we'd be. Unfortunately, 99% of the shareholders don't agree with you. We find ourselves in the situation where there's an offer from somebody else that has arrived on the table. We're obliged as a board to consider that offer and to tell the market about it and to elicit views from all of our shareholders. The overwhelming view we got from our shareholders was to accept that offer. That's what we've done. We did an independent expert report. We did our due diligence. We scoured the market for other options. This was the best option that was available today. In fact, what we say in our scheme booklet is that there'll be shareholders who have a bigger risk appetite and a longer-term horizon, such as yourself, and they'll vote no. Almost 99% of shareholders have voted yes. It's a difficult situation to say that we haven't looked after shareholders. Because 99% of shareholders are telling us that we should vote yes. I can understand where you're coming from, and you're very well entitled to that view. The reality is that we've got most of our shareholders telling us to accept the offer. Okay. If there are no more questions from the floor, do we have any online questions? Chair, there are no questions online. Operator, are there any questions on the telephone? No, Chair. We have no questions for this item of business. Thank you. Details of the proxy instructions received prior to the scheme meeting in respect of the amending resolution and scheme resolution are now on the screen. As there are no further questions, please now select for against or abstain next to resolution one, amending resolution, and resolution two, scheme resolution, on your electronic voting card or your paper voting card. Thank you. That completes the formal business of the scheme meeting. I now declare the scheme meeting closed subject to the finalization of the poll. The poll will remain open until five minutes after the special general meeting to allow you to complete your voting. Now that the time has passed 10:15 A.M. and the scheme meeting has closed, I would like to welcome and thank you all for attending today's special general meeting to consider the equal reduction of the share capital of Link Group that forms part of the transaction with Dye & Durham, which I will refer to as the BCM Capital Return and which is described in the explanatory booklet. A quorum being clearly present, I declare the special general meeting open. Under the scheme implementation deed, Link Group and Dye & Durham have obligations to use best endeavors to sell Link Group's BCM business for a period that continues through to 12 months after the implementation of the scheme. If Link Group's BCM business is sold and net sale proceeds are received by Link Group before or within 12 months after the implementation of the scheme, Link Group shareholders will be entitled to those proceeds up to a maximum of AUD 0.13 per Link Group share held on the scheme record date. Such payment is proposed to be made in one of two ways. By way of the BCM capital return, that is an equal share capital return if proceeds are received by Link Group by 2 business days before the implementation date or by way of additional consideration payable by Dye & Durham's nominee under the scheme if the proceeds are received after that time, but within 12 months after the implementation date. The payment of the BCM net sale proceeds is conditional on Link Group shareholders approving the capital return resolution by the requisite majorities and on implementation of the scheme. Further details about the BCM capital return are outlined in the explanatory booklet. As announced by Link Group on 21 July 2022, Link Group has been advised by Dye & Durham that Dye & Durham will shortly appoint financial advisors to sell Link Group's BCM business and will commence this process on and from implementation of the scheme. However, as at the date of this meeting, there are no ongoing discussions in respect to the sale of BCM and there is no binding agreement for the sale of BCM. It is therefore unlikely that any BCM sale will be completed and proceeds received by 2 business days before the implementation date, such that it is unlikely the distribution of proceeds will be made by the BCM capital return. Link Group shareholders may still receive the BCM net sale proceeds as additional consideration payable by Dye & Durham's nominee under the scheme, up to a maximum of AUD 0.13 per Link share if proceeds are received by Link Group before or within 12 months after the implementation of the scheme, which is currently scheduled for 27 September 2023, although there is no assurance in this regard. Nevertheless, I encourage you to vote in favor of the capital return resolution because as I mentioned before, and as detailed in the explanatory booklet, the approval of the capital return resolution is also a condition precedent to the scheme. We now come to the formal business of the special general meeting. The notice of special general meeting dated 10 May 2022 was included in the explanatory booklet made available to shareholders as supplemented by the supplementary notice of special general meeting dated 2 August 2022, which was included in the supplementary explanatory booklet made available to shareholders, and I will take the notice of special general meeting and supplementary notice of special general meeting as being read. The purpose of the special general meeting is to consider and if thought fit, to agree to a proposed equal reduction of Link's ordinary share capital under Section 256B of the Corporations Act in an amount equal to the BCM net sale proceeds received by Link Group by the day that is 2 business days prior to the implementation date. As chair of today's meeting, I will vote all available proxies in return of the capital return resolution. The capital return resolution is shown on the screen and is as follows, that subject to the implementation of the scheme and Link Group receiving any or all of the BCM net proceeds by the day that is two business days prior to the implementation date for the purposes of Section 256C of the Corporations Act 2001 and for all other purposes, approval is given for the ordinary share capital of the company to be reduced by returning capital in the form of cash to each registered holder of fully paid ordinary shares in the company as at the scheme record date in an aggregate amount equal to the amount of the capital return consideration. Before commencing the poll, I now ask shareholder and proxy holders whether they have any questions regarding the capital return resolution. I will endeavor to answer your questions straight away. However, I may take a question on notice if necessary. Some of these questions may also have been addressed in my chairman's address. We did not receive any online questions from Link Group shareholders on the capital return resolution prior to this special general meeting. Are there any questions from the floor? If there are no questions from the floor, are there any questions online? Chair, there are no questions online. Thank you. Operator, are there any questions on the telephone? No, Chair, we have no questions for this item of business. Thank you. Details of the proxy instructions received prior to the special general meeting in respect of the capital return resolution are now on the screen. As there are no further questions, please now select for, against, or abstain next to resolution three, capital return resolution, on your electronic voting card or your paper voting card. That completes the formal business of the special general meeting. I now declare the special general meeting closed subject to finalization of the poll. The poll will remain open for a grace period of a further five minutes to allow you to complete your voting. For those of you here in the room, please hand your voting card to a Link share registry team member so that it can be counted. For those of you attending online, voting will remain open until the conclusion of five-minute voting window timer, which will appear on the top of your online platform. As I mentioned earlier, the results of the scheme meeting and the special general meeting will be announced to the ASX as soon as they have been counted and verified. I'd like to take this opportunity to thank all of Link Group shareholders for your attendance and participation today as well as for your continued support of Link Group. I would also like to thank my fellow directors and the Link Group executive leadership team for the commitment and support throughout this process. For those of you here in Sydney today, I invite you to join me, my fellow directors and management for refreshments outside the room. To the shareholders and visitors participating online, we're pleased that our virtual meeting technology enabled your attendance today, and thank you also for joining us.