Good morning, all. I'd like to begin by acknowledging the traditional custodians of the land on which we meet today, as well as the traditional custodians of the land on which our centers are located across Australia and New Zealand. I pay my respects to elders, past, present, and emerging. On behalf of the Board of National Storage REIT, it is my pleasure to welcome you to the 2022 Annual General Meeting. My name is Anthony Keane, and I'm the Chairman of National Storage Holdings Limited, the shares of which are stapled to the units in the National Storage Property Trust, and listed on the Australian Securities Exchange as National Storage REIT. Our business operates across every state and territory of Australia and throughout New Zealand. We're grateful to be part of the local fabric of so many local communities, and offer our thanks to all Australians and New Zealanders for their support, as well as acknowledging the importance of diversity, tolerance, and respect for each other on a range of issues in our daily lives. I'm also the Chairman of National Storage Financial Services Limited, the responsible entity of the National Storage Property Trust, and have been appointed as chair for the meeting of unitholders of the Trust, which will be run contemporaneously today. We are holding this year's AGM as a hybrid meeting. Security holders were given the option to attend in person here in Brisbane or to participate virtually through the Computershare meeting platform. The Computershare meeting platform will allow those security holders, proxies, and guests who elect to participate virtually to attend the meeting virtually. All attendees can watch a live webcast of the meeting. In addition, security holders and proxies can ask questions and submit votes. For those attending online, we have published on our website and on the ASX the virtual meeting online guide, which explains how to attend and participate in the AGM virtually. Online attendees can submit written questions at any time. To ask a written question, select the Q&A icon. Type your question into the text box. Once you've finished typing, please hit the send button. This year, security holders can also make comments or ask questions verbally through the questions and comments audio facility through the Computershare meeting platform. To ask a verbal question, please follow the instructions written below the broadcast information about the audio facility, including how to access and use the facility, is set out in the notice of meeting and in the virtual meeting online guide. Please note that while you can submit questions from now on, I will not address them until the relevant time in the meeting. Please also note that your questions may be moderated, or if we receive multiple questions on one top-topic, amalgamated together. For those attending in person today, there will be an opportunity for comments, questions in respect of each item of business following the conclusion of item eleven. Voting today will be conducted by way of a poll of all items of business. I will shortly open voting for all resolutions other than the continued resolution. I'll start by outlining the procedure for voting in person. On entering the meetings, security holders, representatives, attorneys of securities holders, as well as proxy holders should have received a yellow voting card. Relevant voting instructions and all resolutions are printed on the voting cards. I encourage security holders and their representatives to complete their voting cards after each item has been discussed. However, voting cards will only be collected at the conclusion of discussion of all items of business. To vote, simply place a mark in the for, against, or abstain boxes for each resolution. If you mark the abstain box, your votes will not be counted for that resolution. If relevant, please indicate whether you are voting as an attorney or representative. At the time of voting, if you're uncertain about any of the voting procedures or require any assistance, please raise your hand and a representative from Computershare will be happy to help you. At the conclusions of the meetings, please ensure that you have marked your votes for the respective resolutions, and then give your completed voting card to a representative of Computershare. I will now outline the procedure for voting online. If you're eligible to vote once voting opens, press the Vote icon and all resolutions that are open for voting will be activated with voting options. To cast your vote, simply select one of the options. There is no need to hit the Submit or Enter button, as the vote is automatically recorded. You will receive a vote confirmation notification on your screen. You can change your vote up until the time I declare voting closed. The meeting has been called under the notice of meeting date at the 23rd of September, 2022. The details of which were sent to all security holders. If there is no objection, I propose to take the notice as read. A copy of the notice can be found on the National Storage Investor website if required. It is now 10:00 A.M., Brisbane time, and I've been informed by our share registry, Computershare, that a quorum is present. I formally declare the meetings open and therefore formally open the polls for voting on each relevant item of business now, other than the continued resolution. I would now like to introduce the directors and senior executive team of the company. The non-executive directors, Howard Brenchley, Chair of the Audit and Risk Committee. Morning. Steven Leigh, Chair of the Remuneration and Nomination Committee. Inmaculada Beaumont, member of the Audit and Risk Committees. Scott Smith, member of the Audit and Risk Committees. Our Managing Director, Andrew Catsoulis. Our Executive Director and Company Secretary, Claire Fidler. Our Chief Financial Officer, Stuart Owen. I would like to take this opportunity to acknowledge our previous chairman, Laurence Brindle, and our retiring director, Steven Leigh, for their significant contributions to the organization as board members for the last eight-plus years. As announced previously this year, Laurie retired in April, and Steve will be stepping down with effect from the conclusion of the AGM today, and we wish them both all the best for the future. Please note that myself, Inmaculada Beaumont, and Scott Smith are standing for re-election. These details of which are included in the notice of meeting. Representatives of our auditor, Ernst & Young, our share registry, Computershare, and our lawyers, Allens, are also present at the meeting today. This morning, I will provide a brief overview of our business, then I will hand to Andrew for an operational update. We will then turn to the formal part of the meeting as set out in the notice of meeting. NSR has sustained a robust growth trajectory throughout FY 2022. The resilience of our business model, as well as the consistent application of effort by our exceptional team and their desire for continuous improvement, has again resulted in strong returns across all areas of our business. Our group occupancy grew by 2.8% to 88.9%. Rate per square meter increased by 18.8% to AUD 302. Revenue per available meter, or RevPAM, grew by a notable 20.9% to AUD 268. These excellent results have been delivered through the execution of our four pillars growth strategy, which is focused on achieving organic growth through aggressively increasing rate and occupancy, undertaking accretive acquisitions, delivering development and expansion projects, and harnessing new technology and innovation to achieve business efficiencies and economies of scale. Andrew will provide further insight into these specific areas later in the meeting. NSR's commitment to achieving enhanced sustainability outcomes remains unwavering, and I direct you to our latest sustainability report in this regard for details of our ongoing activities in this area. Our latest report shows our evolution towards TCFD alignment and the GRI sustainability framework. Total revenue grew 29% from AUD 215 million to AUD 277 million for the financial year. Our operating profit was up 34%. Importantly, our EBITDA margin also increased to 64%, demonstrating the improving efficiency of our business model and the maturation of our business. Underlying earnings increased 46% to AUD 126.5 million. NSR's total assets increased by 26% to AUD 3.95 billion. NSR security holders have seen revenue growth of over 420%, and underlying earnings growth of 550% since December 2014. Macroeconomic tailwinds continue to support our business in FY 2022 as industry awareness increased, dwelling sizes decreased, and work force flexibility has been a mainstay. Likewise, the trends towards downsizing, our aging population, a strong housing market, and the proliferation of e-business activity have also created additional demand for secure and convenient self-storage in Australia and New Zealand, as well as in many other markets around the world. NSR has now executed over 160 high-quality acquisitions since its IPO in 2013, and is still seen as the acquirer of choice by third-party owned self-storage operators in Australasia. In FY 2022, we acquired 14 new storage centers, the freehold of one previous leasehold storage center, and eight development sites totaling AUD 200 million. The ownership of self-storage centers remains highly fragmented, and we are confident that this pipeline of high-quality storage centers will continue to create acquisition opportunities for the foreseeable future. The NSR development team remains fully engaged with five projects comprising over 38,000 square meters of NLA added in FY 2022. We currently have 34 active projects in the pipeline at present, with 10 projects under construction. Our activities extend across new greenfield and brownfields constructions, expansion of existing centers, as well as our Revive program, which targets optimization of mature centers from a functionality, sustainability, and efficiency perspective. Our business automation and innovation initiatives continued, with current focus placed on upgrading our contact center technology and continuing to simplify and improve our online booking and move-in process. Numerous other industry-leading initiatives are planned for the remainder of FY 2023. In addition, cybersecurity remains a high priority for our business, and an improvement program is well underway to ensure the protection of our systems and our customer and employee data. Regarding capital management, NSR has successfully transitioned its debt from a secured to an unsecured platform, retaining all key lenders during the process. NSR has been able to significantly broaden its lender base with the introduction of multiple new participants in the lender group in the last 12 months. This provides significant additional borrowing capacity as and when required. Investors continue to enjoy growing returns, and this year we delivered underlying EPS of AUD 0.106 per stapled security above initial guidance, and made a distribution of AUD 0.10 per stapled security. Since IPO, NSR has delivered total security holder returns of 308%, significantly outperforming the S&P/ASX 200 and the S&P/ASX 200 A-REIT index by 185% and 213%, respectively. NSR board and senior management remain confident of National Storage's ability to continue to deliver superior returns for FY 2023 and in years to come. As always, our staff are our greatest assets, and I wish to thank each of them today for their part in delivering these exceptional results. Our senior executive team remain focused on driving growth across the four strategic pillars and developing multiple revenue streams to deliver stable and growing returns for our investors. We would like to thank you, our valued investors, for your continued support as we look forward to the year ahead. I'd now like to introduce our Managing Director, Andrew Catsoulis, to report on the activities of the group. Andy. Good morning, everyone. My name is Andrew Catsoulis. I'm the Managing Director and CEO of National Storage REIT. I'd like to add my own personal welcome to Tony and the board's welcome to everyone here today and everyone watching us online. Before I get into the FY 2022 operational review, I'd like to just take this opportunity to make a couple of preliminary comments. FY 2022 was a year of significant achievement for National Storage REIT. We not only survived some very challenging operational environmental issues and some macroeconomic challenges, but we thrived throughout FY 2022, building on the strong progress we made in FY 2021. We remain the top performing A-REIT over that period, with returns, as Tony has alluded to, that significantly outperformed both the S&P/ASX 200 and the S&P/ASX 200 A-REIT. This is not a coincidence. This is a strong team effort, and it's guided by our board, orchestrated by our senior executive, and supported, fantastically by our management, senior management, state managers, our operational team at our head office, and of course, our wonderful center staff who perform their daily duties in the context of delivering teamwork, care, and excellence across the group, which are our three core principles. The team has delivered some fantastic results that you've seen in the results that were published as part of our FY 2022 results reporting. Really, it's testament to their daily dedication that we also received the Canstar Blue Award again this year for Australia's most satisfied customers in self-storage, which is really a tremendous achievement that goes back to the team's hard work and diligence in delivering excellence in customer service across 230 centers spanning every state and territory in Australia and, of course, New Zealand. My thanks go out to not only our board, but my senior executive and management team. They operate above and beyond the call of any reasonable expectation that we might have and consistently outperform the. That's what enables us to deliver the sort of results that you've seen across the last number of years. I would like to add my sincere thanks to both Laurence Brindle, who stepped down earlier in the year, and Steven Leigh, who'll be departing the board today. Steven, in particular, we've mentioned Laurence in our FY 2022 results. Given your departure today, I would like to say how grateful we are for your calm assurance, the wisdom gained from over 40 years at the pinnacle of the property industry. Your authoritative, but gentle approach in guiding us through the last eight years and of course, your laconic wit which we'll greatly miss from our meetings. While you're departing the board today, you'll forever remain, I'm sure, a friend and ally to the team. Of course, with departure comes renewal and it gives me great pleasure to affirm our appointment of our two new board members, Mr. Scott Smith and Inmaculada Beaumont. Inmaculada and Scott individually bring a wealth of experience in their respective fields to our board and will have already demonstrated some fantastic benefit in the short time they've been involved in the National Storage board. I'm sure that will continue to manifest for years to come. Thank you both for agreeing to step onto the board. I'd also like to take this opportunity to thank my executive team of Ms. Claire Fidler, who's our head of Legal, Governance, Compliance and Risk, and Mr. Stuart Owen, our Chief Financial Officer. Both Claire and Stuart undertake an enormous job in managing the overall business operations. Both of them have provided enormous service to achieve the results that you've seen. I'm also happy to announce today that we've made a decision to expand our executive team, and I welcome Emmanuel Lynch to the executive. Manny is currently our Chief People and Performance. Through many of his initiatives, we've seen the continuing development of our team, both at a head office level, but also throughout the individual states and territories in which we operate, and of course, throughout New Zealand, into a team demonstrating elite performance at every level. Much of that has been instilled by Manny. Welcome to the executive, Manny. I'll now move straight into our results review. As you will have seen, AFMS profit for FY 2022 of AUD 620.6 million. That reflects underlying earnings of AUD 126.5 million, up 46% year-over-year. Underlying earnings of AUD 0.10 per stapled security, up 24.7%. Net tangible assets of AUD 2.34 per stapled security, up 24%. That reflects an FY 2022 total return of 29.1%. Group occupancy has risen to 88.1% as at June 30, 2022, up 2.8%. Group RevPAM at the same date sits at AUD 268, up almost 21%. We've provided our FY 2023 guidance underlying EPS minimum AUD 0.111, representing minimum 5% growth and underlying earnings greater than AUD 133 million. Turning to our key operational metrics. We've seen sustained RevPAM growth through FY 2022, which has consolidated the gains we've made in FY 2021. Group RevPAM increased by 20.9% to AUD 268. Group rate to AUD 302, up 18.8%. Group occupancy, as mentioned, up to almost 89%. Our revenue management strategies continue to deliver improved financial performance across the group. Importantly, occupancy across our 18 let-up centres as of June 2022 grew by 17.9% to 74.3%. What that reflects is not only are we delivering new space on the ground in the form of continuing to add to our built capacity, but we are filling that built capacity. Of course, that provides a fundamental building block to the continuing success of the business being organic growth, one of our key 4 pillars strategy. I'll now move on to our second pillar, acquisitions. We've seen 23 acquisitions totaling AUD 200 million transacted in FY 2022. We remain focused on our ongoing acquisition strategy, and my thanks goes out to the acquisitions team for their fantastic efforts in continuing to identify, negotiate and execute these high acquisitions. Represents 14 new storage centers, the freehold of one previous leasehold storage center, and 8 development sites acquired over that period. Five additional centers and 10 development centers have settled in the post-June 30 period to date. We're transacting these acquisitions across both Australia and New Zealand. These acquisitions add to the scalability of the operating platform, which continues to drive efficiencies across the business as a whole. I'm pleased to be able to announce the forward-looking acquisition pipeline remains strong, and we continue to be strongly focused on executing high-quality, accretive acquisitions into the portfolio. I'll now turn to our third pillar of growth, developments, expansions and redevelopments. We have an increased focus on this pillar given that we see the maturation of the business with those higher levels of occupancy across mature centers. Being able to add built capacity to the pipeline means that we are able to execute on those twin strategies of growing both organic rate per square meter at our existing centers, but also growing revenue through our newly developed and immature centers, which is the other side of the organic growth coin, if you will. From a development perspective, we completed 5 projects during FY 2022, adding 38,300 square meters. We have 34 active projects underway, with 10 projects actually under construction. Our aggregate net lettable area pipeline now amounts to in excess of 240,000 square meters, and that's everything from the design development stage right through to projects under construction at or near completion. From a new development perspective, 21 active projects, 7 projects under construction. This is the breakdown between our new developments and expansions and an aggregate pipeline of 155,000 square meters, which will be developed over the next 2-3 years. We're targeting out of these developments a double-digit IRR at stabilized and a 10%+ yield on cost at stabilized revenue. In terms of our expansions and redevelopments, we really look for evaluating potential through the strategic expansion and optimization of existing land parcels. These expansion and redevelopment projects currently amount to 13 active projects representing 85,000 square meters. Again, we're targeting double-digit returns from a yield on cost perspective at stabilized. I'll now turn to a brief discussion about environmental, social, and governance or ESG commitments. We're committed to the sustainable practices across our entire ESG landscape. ESG comprises a fundamental component of our decision-making in respect of our four-pillar strategy. It includes how we foster organic growth, how we target acquisitions, how we execute our development and expansion program, and also how we deploy technology and innovation to improve current business operations. NSR is revising its sustainability reporting framework and working towards alignment with both GRI and TCFD principles. Our focus is to reduce our climate impact. We've seen that with the installation of solar PV systems and energy-efficient lighting across over 120 centers. This is continuing to reduce the carbon footprint. That represents almost 11,000 solar panels. That program, I might add, is ongoing and continues to roll out across our centers throughout the group. We're also converting our existing portfolio to more durable and energy-efficient lighting. We've completed our first carbon footprint audit to measure NSR's carbon footprint, and those results are contained in our sustainability report. I'd direct your attention to that report for further detail. Importantly, we've launched our NS Cares program, which is an initiative that partners with various charity and support agencies targeting diversity, mental health, indigenous support, medical research, and safety. Our employee development program has seen several important staff promotions, and it provides important pathways for our staff to evolve into new areas of challenge for themselves to the benefit of the business as a whole. Looking forward to give you a quick results update in terms of our FY 2023 results today. We've increased the reportable center group from 177 to 195 centers. What that essentially means is that those 195 centers out of our 230-center plus portfolio are now at essentially mature levels of occupancy. Group RevPAM across the centers increased to AUD 264 as at 30 September 2022. That's up 1.2% from the AUD 261 at 30 June 2022. This is important because it reflects the fact that despite some challenging macroeconomic conditions, NSR is continuing to grow RevPAM across the group. Group rate also increased to AUD 302 as at 30 September 2022, up 2.3% from the AUD 295 at 30 June 2022. Group occupancy just marginally down by 0.6% to 87.9%. Let-up center occupancy, importantly, has increased by 4.6% to 50.7% for our updated group of 13 centers which remain in let-up. Of course, that number will be added to as more centers are completed and tip into that new let-up center pool. From an acquisition perspective, we've completed 5 storage centers, 5 acquisitions of storage centers totaling AUD 37 million, and that's added 16,800 meters of net lettable area to the group. We've also acquired 10 development sites for AUD 46 million. Our development pipeline, as I've mentioned, remains strong, with 7 projects expected to complete during FY 2023. We've also enhanced our website, our contactless move-in process and online marketing. Developments continue, and that's adding important competitiveness to the way that we identify, generate, and acquire customers. Turning to our FY 2023 guidance and outlook. We maintain our underlying EPS guidance of AUD 0.111 per security. That implies a minimum 5% EPS growth. Underlying earnings greater than AUD 133 million. Distribution guidance remains in that 90%-100% payout of underlying earnings range. You'll see there we have some key assumptions with revenue growth not less than 4%. Our average floating interest rate has been assumed to be 3.92% base rate, and acquisitions of AUD 200 million-AUD 300 million for the year. That precedes my. That concludes my operational update and also provides some initial outlook for what we've seen in the first quarter of FY 2023, and I'll pass back to our chairman, Mr. Keane. Thank you, Andrew, for your comprehensive comment. In respect to today's voting at today's meeting, on a poll, each member voting through the portal, the person or their proxy, attorney or corporate representative has one vote for each security held. Only one vote is allowed per joint holding. If more than one joint holder tenders a vote, the vote of the member named first in the register must be accepted to the exclusion of the others. If a proxy has been directed to vote in a particular manner, if the proxy is entitled to vote, he or she must vote in accordance with the direction. For some items of business, certain votes will be disregarded as explained in the voting exclusion statements in the notice of meetings. As chairman of this meeting, I advise that I intend to vote all undirected proxies in favor of the resolutions in items 2 to 11 and against item 12, if required. I will now move on to the formal business of the meeting. There are 12 items on the agenda. Item 1 relates to the financial statements and does not require a vote. Items 2 to 12 are resolutions for consideration today. Items 2 to 9 and 12 are ordinary resolutions, which means that in order for each resolution to be passed, more than 50% of votes cast on the resolution must be in favor of it. Items 10 and 11 are special resolutions, which means that in order for each resolution to be passed, at least 75% of the votes cast on the resolutions must be in favor of it. Items 10 A and 11 A are interconditional, such that if item 10 A is not passed, item 11 A will not be passed, and vice versa. For completeness, I note that items 10 B and 11 B have been withdrawn. There is one contingent item of formal business, which is a spill resolution. This item 12, will only be put to the meeting if at least 25% of the votes cast on item 2 are cast against the adoption of the remuneration report. The notice of meeting invited all security holders to submit any written questions electronically, either prior to today's meeting or through the portal during the meeting. As mentioned earlier, we will respond to written and verbal questions following the conclusion of item 11. Item 1. The first item of ordinary business listed in the notice of meetings is to receive and consider the financial statements of the company and the trust for the year ended 2022 and the reports of the directors and auditors. Wade Hansen from EY, the entity's auditor, is in attendance with us at this meeting, and questions may be directed to him through me relative to the conduct of the audit and the preparation and content of the auditor's report, the accounting policies adopted by the company and the trust, and the independence of the audit. It is not necessary for the meeting to formally approve the financial statements or report. This item gives security holders the opportunity to ask questions about the company and the trust and the operational performance of the group. Please submit any comments or questions you may have in relation to the financial report, the director's report, the auditor's report, or on the operations of the company and the trust, so that we can respond at the end of the meeting. I'll now move on to item two. The next item on the agenda today is to present security holders with the remuneration report for the financial year ended 2022. I would like to make a few introductory comments and put the report into context. The remuneration report looks back at the remuneration arrangements for the 2022 financial year and relates to the remuneration of key management personnel and fees paid to directors during the year. The board has taken on feedback received on the FY 2021 remuneration report and, in conjunction with external consultant, worked at improving the structure, disclosures and readability for the FY 2022 remuneration report. This year's report has been enhanced to address the concerns raised by interested parties, and the board believes the remuneration report has made significant. The remuneration report contained in the FY 2022 annual report provides security holders with detailed disclosure regarding the terms of and rationale behind the company's remuneration framework. We believe we've developed policies which balance the need to attract and retain senior executives with value to security holders. The objective of the remuneration policy is to ensure that the company's remuneration is competitive, reflects responsibilities of the offices, ensures that the company can attract and retain directors and key management personnel with the skills and capabilities required to deliver group's objectives. Our policies demonstrate the relationship between performance and remuneration and aim to motivate senior executives to pursue the long-term growth and success of the company. The board believes it has a successful remuneration structure that creates incentives for high-performance executives and which delivers financial reward to them when the company increases earnings. Please note that a vote on item two is advisory only and is not binding. However, any discussion on this item and the outcome of the non-binding vote will be taken into consideration by the board. Against that background, I now move that the remuneration report for the financial year ending 30 June, as detailed in the company's annual report, be adopted. Details of ballot proxies received by the company on this resolution appear on the screen. A voting exclusion applies to this item as set out in the notice of meeting. The voting exclusion means no key management personnel or members of the senior management team or any of their closely related parties may vote on this resolution. As a result of last year's strike against the FY 2021 remuneration report, this year's notice of meeting included a continued spill resolution. Based on proxy votes received prior to the commencement of this meeting, Computershare has advised that less than 25% of the votes cast on item 2 are against adopting the remuneration report for the 2022 AGM. Accordingly, we will not be putting item 12 forward at this meeting today. Item 3. We move to the resolution ordinary business item 3, being the election of myself as a director. As this item concerns my own re-election to the board of the company, it's appropriate that I should step down from the chair during this item. Therefore, with the leave of the other directors, I call upon Howard Brenchley, Chair of Audit and Risk Committees, to assume the chair for this item. Thank you, Tony. We move to the resolution ordinary business item 3, being the re-election of Anthony Keane. Mr. Keane's biography is set out in the notice of meetings. For the company to meet the requirements of the ASX Listing Rules and the company's constitution, there must be an election of directors at each annual general meeting. Mr. Keane has offered to retire as a director of the company and offers himself for re-election as a director of the company. The company accepts Mr. Keane's retirement. In accordance with rule 11.3B of the constitution, the directors of the company, except for Mr. Keane, who is abstaining from this resolution, recommend Mr. Keane be re-elected as a director of the company and recommend that security holders vote in favor of this resolution. Details of valid proxies received by the company on this resolution appear on screen. I'll now hand back to the chair. Congratulations. Thank you, Howard. Good job, man. We move to the resolution ordinary business item four, being the election of Inmaculada Beaumont as a director. Ms. Beaumont's biography is set out in the notice of meetings. For the company to meet the requirements of the ASX Listing Rules and the company's constitution, there must be an election of directors at each annual general meeting. Ms. Beaumont was appointed by the directors as an additional director in July this year pursuant to the company's constitution. The ASX Listing Rules and the company's constitution provide that a director appointed in this manner holds office until the conclusion of the next annual general meeting, but is eligible for election at that date. Ms. Beaumont has agreed to stand for election as a director of the company. In accordance with rule 11.3B of the constitution, the directors of the company, except for Ms. Beaumont, who is abstaining from this resolution, recommend Inmaculada Beaumont be elected as a director of the company and recommend that shareholders vote in favor of this resolution. Details of valid proxies received by the company on this resolution appear on the screen. We move to the resolution ordinary business item five, being the election of Scott Smith as a director. Mr. Smith's biography is set out in the notice of meetings. For the company to meet the requirements of the ASX listing rules and the company's constitution, there must be an election of directors at each annual general meeting. Mr. Smith was appointed by the directors as an additional director in July this year pursuant to the company's constitution. The ASX Listing Rules and the company's constitution provide that a director appointed in this manner holds office until the conclusion of the next annual general meeting, but is eligible for election at that meeting. Mr. Smith has agreed to stand for election as a director of the company. In accordance with Rule 11.3B of the Constitution, the directors of the company, except for Mr. Smith, who is abstaining from this resolution, recommend that Scott Smith be elected as a director of the company and recommend that shareholders vote in favor of this resolution. Details of valid proxies received by the company on this resolution appear on the screen. We move to the resolution ordinary business item 6, being the approval to issue 464,829 stapled securities to Andrew Catsoulis on behalf of the company and the trust as payment for the equity component of the short-term incentive and long-term incentive payments awarded to Andrew Catsoulis for the financial year ended 30 June 2022 on the terms set out in the explanatory notes of the notice of meeting. Details of valid proxies received by the company on this resolution appear on the screen. A voting exclusion applies to this item as set out in the notice of meetings. The voting exclusion means that Mr. Catsoulis and any other person who will obtain a material benefit as a result of the issue of these securities, except a benefit solely by reason of being a holder of stapled securities. Any associate of those persons, any person who is of key management personnel or any of their closely related parties may not vote on this resolution. We move to the resolution ordinary business seven, being the approval to issue 84,113 stapled securities to Claire Fidler on behalf of the company and the trust as payment for the equity component of the short-term incentive and long-term incentive payments awarded to Claire Fidler for remuneration for the financial year ended June 2022 on the terms set out in the explanatory notes for the notice of meeting. Details of proxies received by the company on this resolution appear on the screen. A voting exclusion applies to this item as set out in the notice of meetings. The voting exclusion means that Ms. Fidler and any other person who will obtain a material benefit as a result of the issue of the securities, except a benefit solely by reason of being a holder of stapled securities. Any associate of those persons, any person who is a key management personnel or any of their closely related parties may not vote on this resolution. We move to the resolution ordinary business item 8, being the approval to issue 368,800 performance rights to Andrew Catsoulis on behalf of the company and the trust under the NSR Equity Incentive Plan in respect of the equity component of the FY 2025 LTI award on the terms set out in the explanatory notes on the notice of meetings. Details of valid proxies received by the company on this resolution appear on the screen. A voting exclusion applies to this item as set out in the notice of meetings. Voting exclusion means that Mr. Catsoulis, who is eligible to participate in the NSR Equity Incentive Plan and any associate of Mr. Catsoulis, or any person who is a key management personnel or any of their closely related parties may not vote on this resolution. We move to the resolution ordinary business item 9, being the approval to issue 80,600 performance rights to Claire Fidler on behalf of the company and the trust under the NSR Equity Incentive Plan in respect of the equity component of the FY 2025 LTI award on the terms set out in the explanatory notice of the notice of meetings. Details of valid proxies received by the company on this resolution appear on the screen. A voting exclusion applies to this item as set out in the notice of meetings. The voting exclusion means that Ms. Fidler, who is eligible to participate in the NSR Equity Incentive Plan, an associate of Ms. Fidler, or any person who is a key management personnel or any of their closely related parties may not vote on this resolution. We move to the resolution of special business item 10A, which seeks approval to implement general amendments to company constitution, which I now table before the meeting, being referred to as the new NSH Constitution in the notice of meetings. This resolution is subject to and conditional on item 11A being passed. This means that if item 10A is not passed, the proposed amendments to the NSPT Constitution under item 11A will not be made and are circled. The directors, together with the company's legal advisors, reviewed the company constitution to consider whether any additional amendments are necessary given recent and potential future developments in corporate law and governance. The general amendments seek to modernize certain company corporate governance practices, reflect changes to the ASX Listing Rules, and the proposed replacement of the ASX CHESS system. Allow the company to rely on the recent changes to the Corporations Act to take electronic delivery of documents to shareholders and to introduce new proportional takeover approval provisions. The proposed general amendments are set out in the new NSH Constitution in markup, and a summary of which is included in the explanatory notes accompanying the notice of meeting. Proposed general amendments considered in this item 10A do not include the highlighted articles 9.2 and 9.3 of the new NSH Constitution, which were the subject of resolution B, which has been withdrawn prior to this meeting. Item 10A is a special resolution, meaning the resolution must be passed by at least 75% of the votes cast by shareholders entitled to vote on the resolution. Details of valid copies received by the company on this resolution appear on the screen. We move to the resolution special business item 11A, being the approval to give effect to the general amendments to the National Storage Property Trust Constitution, as set out in the supplemental deed and schedule, which I now table before the meeting. This resolution is subject to and conditional on item 10A being passed. This means that if item 11A is not passed, the proposed amendments to the Company Constitution under item 10A will not be made. A summary of the proposed general amendments to the Constitution of NSPT are set out in the explanatory notes accompanying the notice of meeting and largely align with the general amendments proposed to be made by the Company Constitution under item 10A. Details of valid proxies received by the National Storage Property Trust on this resolution appear on the screen. We will now answer questions relating to resolutions 1 to 11 that have been submitted throughout the meeting and welcome security holders to ask any additional questions. We will begin by answering any questions from the floor, followed by written questions and verbal questions via telephone. Those in the room who wish to ask a question, please raise your hand now to indicate your question. There are no questions from the floor. Moving to the written questions. I'll read the question. Very good results for very trying times. Would the board consider a more focused approach of individual director skills so that retail investors can consider at a glance the skill set of directors coming and going to ensure good skills coverage on the board? Yeah, the response to that is the board regularly reviews all executive and board positions to ensure continuity for the organization, and directors and executives have a combined skill set that covers all aspects of the business. We internally track our board skill set in light of storage being a specific business, and we look to build a pool of talent from within the organization with skills required to effectively operate the business. NSR will consider providing greater detail on the skill set of individual directors in future annual reports. Are there any other written questions? Yeah, there's a couple just coming through. Come up here. Someone at the front here. Australia. The question is Australian Shareholders' Association prefers directors own 20 years' worth of remuneration as shares after 3 years on the board. We applaud Mr. Smith for being well on the way. Thank you for your question. The company also encourages directors and executives to hold shares in NSR, but we do not specifically set targets for them to hold. The question is: We are all aware of continuing security breaches with companies in the news. To what extent is the company at risk and prepared for willful exploits? The answer is all organizations are at risk for cyber breaches. NSR has a comprehensive cyber security program and continues to improve and enhance its cyber security defenses. We are very aware of that. We'll take some online questions. Turning to verbal questions, please can the webcaster advise if there are any security holders on the line? There are no phone questions at this time. That concludes our discussion on the items of business. In a couple of minutes, I will close the voting system and formally ask Computershare as returning officers to count the votes following the expiry of that period. Please ensure that you have cast your votes on all resolutions. If you are voting in person, please ensure that your voting cards have been completed for each resolution put to you today. Representatives from our share registry, Computershare, will collect your completed voting card shortly. If you are uncertain about any of the voting procedures or require any assistance, please raise your hand and a representative from Computershare will be happy to help you. If you are voting via the online portal, please remember to click on Submit Vote at the bottom of the resolutions to submit your voting card. I will now pause to allow you time to finalize those votes. I now declare voting closed. The results of the poll on items 2 to 11 will be released to the ASX shortly and made available on our website today. Thank you for your continued support and for your attendance today. That concludes the official business of this meeting, and I now declare the National Storage REIT 2022 AGM closed. Thank you and good morning.