Thank you for standing by, and welcome to the OFX Group Limited FY 2026 results. I would now like to hand the conference over to Mr. Skander Malcolm, CEO and Managing Director. Please go ahead. Thank you, Ashley, and thank you everyone for joining the call. As Ashley mentioned, I'm joined by James Georgeson, our CFO, and Matthew Gregorowski from Sodali & Co., who lead our investor relations program. James and I will take you through the pages, and then there will be time for Q&A. The presentation will cover four sections: an update on the strategic review, a performance update and the 2.0 transition, financials, and the fiscal year 2027 outlook. We'll do Q&A. Let's move to slide four in the pack. I want to start the presentation by being focused on our mission, which is simpler financial operations helping businesses thrive globally. I start here because we must be very clear with our investors, employees, and clients about what we're trying to do. It may sound obvious, but it matters a great deal as we navigate the transition from a company that did one job very well for both corporate and consumer clients, making cross-border payments, to becoming a company that does several jobs very well for our corporate clients to make their lives simpler and in turn help them thrive. By year-end, we will also have launched our new value proposition for consumer clients on the New Cli ent Platform, and it, too, will make their lives simpler and easier. We've laid out this strategy before, and I'll revisit it today to ensure we're all aligned on what guides our investments, our decisions, and our pacing. Why this mission? It is built on a huge opportunity. Around $66 billion of revenue, and that's just for SMEs, and the fact that we're well-placed to capture it. Firstly, by expanding the number of jobs we can do for our corporate clients, we nearly double our TAM from $34 billion to $66 billion. Secondly, we often get questions from investors about competition. The research we conducted and the evidence we see is that most of this opportunity sits with SMEs who work with banks. Depending on the market, the research suggests that between 77% and 87% of clients who need the products and services we provide are trying to get them from banks. Yes, there are non-bank competitors, but the real prize is still largely with the banks who are less nimble and less customer-centric. We believe we can be sufficiently differentiated from the non-bank competitors to take a reasonable share. Thirdly, the research showed that about three in four of these clients are willing to switch away from banks for the right combination of products and services, that hugely encourages us to invest and compete. Finally, if we do our job well and we win these clients, the extra revenue available per client is material. Over 40% versus our existing model, which makes the returns significantly more attractive. In summary, whilst our mission and strategy have evolved, our target for strong and sustainable growth has not, we found a faster and more effective way to deliver it. Moving to slide five. This page brings our mission to life, showing how OFX 2.0 as a single modern platform at the center of our target corporate clients' financial operations. It will also support our consumer clients by year-end. At the core is a multi-currency digital wallet. Around that, clients can make FX payments to over 170 countries, manage domestic and international spend through cards, automate accounts payable, and integrate them directly with accounting software, as well as manage FX risk through forwards and limit orders. The important point is that this is not a collection of point solutions. It's an integrated platform designed to solve multiple jobs for clients in one place, digitally and at scale, while being supported by OFX's global licensing, risk compliance, and service capabilities. By expanding from payments into the workflows around payments, we increase client engagement, improve retention, and create a much larger and more attractive revenue opportunity per client over time. This platform is the foundation for OFX 2.0. It underpins the performance and growth outcomes I'll discuss later. Moving to slide six. We announced on February the fifth that we're undertaking a strategic review. We did that for a few reasons. The first and most obvious is that we feel the company is profoundly undervalued. The second is that perhaps as a result of this, we received increasing inbound inorganic interest. We determined that the best way to manage this was through a process that was rigorous, broad, and gave us full control. Thirdly, we had more evidence building on the execution of our mission. Management could share with directors a very contemporary view of what it believes is possible via our annual plan for directors to consider. The review itself naturally has been very comprehensive. We have completed a lot of analysis, talked to a number of parties, and consulted with our shareholders. We continue to manage the business performance in the meantime, limiting those directly involved to a small group internally. Progress has been healthy. We expect to conclude the review shortly. As soon as it's concluded, we will share our recommendation. Let's switch our attention to performance and an update on progress against the 2.0 transition. Moving to slide eight. The transition to 2.0 for our corporate segment is now largely complete, and it has been executed within budget to the time frames we set ourselves thus far. In the first quarter, we launched our fully featured new platform in Canada and across EMEA and upgraded the experience for Australian new clients to the fully featured platform. We continued to migrate small cohorts of Australian corporate clients to the new platform to refine our migration approach. In the second quarter, we started migrating Canadian corporate clients and continued to roll out new features and services globally. In the third quarter, we migrated around 40% of all of our corporate client migration globally, as well as launching in the U.S. with our partner bank. This was an especially disruptive period, as we've previously mentioned. In the fourth quarter, we completed more migrations, finishing the year with over 90% of all of our corporate clients in major markets on the new platform. We delayed the launches in New Zealand and Singapore to the first quarter of fiscal year 2027 to ensure that they had the refined client experience based on learnings in our other markets. New Zealand launched last week. It was an enormous effort across all parts of the company and in every part of the world. I can honestly say it has been the best platform build client migration I have been part of in 30-plus years of financial services, being on time, on budget, with the vast majority of clients and revenue retained, upgraded security, a scalable infrastructure already operating, and a complete overhaul of the go-to-market program already yielding very healthy growth in new, in the new value proposition. We are immensely proud of this. Besides launching corporate migrations in New Zealand and Singapore in fiscal year 2027, we are excited to introduce our new value proposition to our consumer portfolio and commence migration of our existing consumer clients onto the NCP in the 4th quarter of fiscal year 2027. Moving to slide nine. We are pleased with the client reaction to the NCP. On the left-hand side of this page are some of the data points that describe the fact that most of the heavy lifting for the transition of our corporate portfolio onto NCP is complete. As I mentioned previously, over 90% of our corporate clients in major markets have now migrated, and the 23,000 plus active corporate clients on the NCP is an increase of 70% versus the first half. The scalability of the platform is already evident, the server costs growing at a far smaller rate than the transactions or clients being added. What really encourages us, though, is the growth in multi-product adoption. In fourth quarter, it grew to 8.4%, up from 4.5% in the third quarter. This is as a result of both more existing clients taking on more products, but also that new clients are adopting multiple products at a very healthy rate. In the 4th quarter, for example, over 27% of all new clients are multi-product clients already. In Australia, with a new launch and the migrations happened earliest, we are up to 13% of all clients being multi-product. On the right-hand side of the page, you can see that we have a very exciting and busy program ahead for our clients. Incorporating more AI to simplify and automate their workflows, more automation to simplify and accelerate onboarding, more security to protect our clients' funds and data, and a wonderful consumer client proposition. As I mentioned in the first half, two years ago, our technology team had eight large teams doing one deployment every two weeks, which equates to about 26 releases a year. Today, we have 18 small to medium squads delivering over 200 deployments per week. With the adoption of AI, we see even more productive technology output. We believe the speed and quality of new features and services. As well as a much more settled and refined go-to-market program, can translate to more new trading clients in corporate and more productive sales teams. In April, for example, new trading clients were up 20% versus the prior corresponding period, and May is trending even better than that. Moving to slide 10. Trading has been challenging, we have worked very hard to manage our financial levers to protect the franchise during this investment phase of the transition to OFX 2.0. We delivered Net Operating Income of AUD 196.6 million and underlying EBITDA of AUD 25.2 million. This was a disappointing outcome and certainly below our expectations, I'll walk through some of the reasons on the next slide. Our NOI margin was 51 basis points, around 5 basis points lower than FY 2025, primarily driven by lower margins from a mix shift away from forward transactions to spot transactions in the second half of our corporate business and the growth in same-currency transactions in the overall mix, which are lower margin. Historically, we have seen fewer forwards when the market conditions are uncertain. As this uncertainty recedes, we will work hard with clients to protect their valuable earnings through more hedging and therefore generate more forwards revenue as part of the mix. Our business continues to generate healthy levels of cash, with net cash outflow for own use of AUD 49.6 million, up versus the 1st half and slightly down versus prior corresponding period. James will cover the cash and cash generation later. In terms of key client metrics, the average revenue per client was slightly down at AUD 4,000, re-reflecting weaker FX revenue. Non-FX revenue continues to grow at a steady rate, finishing with AUD 1.8 billion for the year, and wallet balances held by clients are growing at a very healthy rate, finishing the year at nearly AUD 233 million. Moving to slide 11. It was a difficult year with business confidence not seeing these kinds of lows since the COVID period. Geopolitical events, economic strains, volatile interest rate outlooks, supply chain disruptions, inflation, many other factors have made our clients adjust their growth agendas. With that, we've seen fewer transactions and fewer forward contracts. We actively discuss this with our clients in every region, and the message we hear is very consistent: We need to manage this period carefully. The business confidence indices in every major market, perhaps with the exception of the U.S., reflect this. A side effect of this enduring uncertainty is that somewhat perversely, volatility is actually down. Markets and clients are pricing in these factors. This is extraordinary to see that compared to two years ago, volatility, as we measure it, has halved in fiscal year 2026, considering what's happening in the world and its economies. In our portfolio, it has meant that Average Transaction Values or ATVs remain very subdued versus their long-term mean, and cross-currency transactions have declined year-on-year at the highest rate we've seen. Moving to slide 12. We're very focused on reversing the trend of declining corporate active client portfolio. We believe we can now return to growth in fiscal year 2027. Overall, corporate active clients, including online sellers, fell by around 2,000 active clients over the year or just under 7%. There are some very clear reasons for this decline. We see this as materially changing in fiscal year 2027. Firstly, the clients that left with former Firma traders and the discontinued OLS portfolio that we previously talked about contributed to over 99% of these net lapsed clients. In some respects, this is mechanical as we don't add new clients to those portfolios. We do expect this to change in fiscal year 2027. The ex-Firma portfolio has lost one-third fewer clients in fiscal year 2026 versus fiscal year 2025, reflecting the 12-month lag effect from those departures. As a result, we expect a lower impact this year. We also saw a large portion of the online sellers portfolio lapse when we migrated them without replacing the e-commerce feature that they were used to. That runoff has now passed its peak. Meanwhile, the core OFX portfolio is actually flat, and we're seeing two factors that give us confidence that we'll grow it in fiscal year 2027. Firstly, we're growing new trading clients faster. In fiscal year 2026, these were up 8% versus fiscal year 2025. As I mentioned, in April, they were up 20% versus prior corresponding period as our new go-to-market program starts to build traction. Secondly, as we see more clients become multi-product clients, we expect to see lapse rates improve. As by definition, they're more actively engaged on the platform. We've seen strong client uptake of our new products and services. Card revenues, subscriptions, and Pay By Card feature all grew at a healthy rate. Fourth quarter was seasonally soft here in Australia, we saw non-FX revenue jump 34% between February and March, I'll cover this in more detail shortly. The ARPC slightly declining is because the FX revenue has declined. Within the overall ARPC, new clients ARPC has declined substantially, whilst for existing clients it was steady. The decline in new clients ARPC is again due to lower FX revenue. We're adjusting our go-to-market to reverse that trend in fiscal year 2027 as we build towards our target of at least 10% of that coming from non-FX revenues. Turning to slide 13. This page will be familiar to our longer-term investors. It breaks out the key drivers of revenue for our two largest portfolios. In corporate, as I've mentioned, cross-currency ATVs have been pretty steady, down just over 4% over the year, but remain well below the long-term mean. Historically, they are stronger or larger during more positive economic times. We do not expect them to rise in fiscal year 2027, but they may in the medium term. Similarly, cross-currency transactions were down versus prior corresponding period but up versus fiscal year 2024 on fewer active clients. Below expectations, but not indicative of disengaged clients. The combination of fewer transactions on slightly lower ATVs meant turnover was down 6.4% and the margin was slightly down in the second half, particularly as previously mentioned. Overall revenue dipped by just under 10% versus prior corresponding period, but that was moderated somewhat by growth in non-FX revenue and same-currency revenue. In consumer, it was the dip in transactions as a result of fewer active clients and lower volatility that drove the 13.8% revenue decline. Historically, we've seen a correlation between trading volumes and reduced volatility, and that is what's happened again here in fiscal year 2026. We feel confident we can stabilize this in fiscal year 2027 as we start to invest in the segment again, and the last two quarters were steady in consumer quarter-on-quarter. Turning to slide 14. The non-FX revenue is growing well and is set to become a meaningful contributor to our overall revenue in fiscal year 2027 and beyond. As you can see, non-FX revenue in the quarter has almost tripled over the last four quarters, albeit off a low base. It's still mostly from Australian clients. They have had access to the platform for the longest. Growth in fourth quarter was a bit slower because many of our Australian clients were on vacation in January. As I mentioned previously, it bounced back strongly in March. Overall, card revenue and subscription revenue continued to perform well, and the Pay By Card feature we transitioned in second quarter has started to grow back to the levels we have seen previously. Unsurprisingly, the percentage of clients who hold balances is also climbing fast. In the fourth quarter, we earned approximately AUD 1 million from those, which is not included in the non-FX revenue, as we report it separately. More client usage and increasing interest rates will be a tailwind on that revenue in fiscal year 2027. This is supported by the growth in card and subscription clients and clients with interest-bearing wallet balances in the second half as the first half, as you can see along the bottom of the slide. Turning to slide 15, the dynamics of the client engagement with the platform are also very encouraging. As I mentioned, client balances are growing well. We will see the contribution from regions outside Australia be a more significant contributor in fiscal year 2027. We are seeing some variation in ARPC by region, and that is teaching us valuable lessons about what works well and what needs to be pivoted. We've also simplified and standardized our go-to-market in each region as part of the reorganization that took effect in October of last year, and that will flow into better outcomes for FY 2027. Finally, the multi-product adoption is helping us retain clients. In Australia, the net lapse rate improved substantially throughout the year. As I mentioned at the fourth Q trading update, we saw six of the 10 weeks in the fourth quarter as flat or growing active clients in Australia. Now, let me hand over to James to walk you through the financials. Thank you, Skander. Good morning, everyone. It's great to be here presenting the results for OFX for the full year 26 performance year. Moving to slide 17. Our financial results reflect a period of softer trading, coupled with a deliberate increase in investment to accelerate our transition to the OFX 2.0. Our transition is progressing well. The results should be seen against the backdrop of focused effort on building out our platform and migrating clients, which has understandably had an impact on trading activity. Fee and trading income was down 8.1% to AUD 203.9 million, reflecting the ongoing macroeconomic uncertainty that continues to dampen business confidence. This softness was seen across most regions, with APAC down 7.6%, North America down 10.5%, and EMEA down 9.7%. North America and EMEA corporate did feel the impact from client migrations, which were executed through the second half of the year, as Skander just mentioned. We've seen lower volumes and lower average deal size over the last 12 to 18 months, which we believe is cyclical and reflects the macroeconomic environment and the pressure on small to medium-sized businesses. For example, we've seen our forwards book reduce by about 15% across the year as clients are more cautious and less confident about the future. We do expect this to return to more normal levels in the future. Our Net Operating Income, or NOI, was AUD 196.6 million, which is down 8.5% versus the prior period. The NOI margin was down 5 basis points or down 2 basis points, excluding higher same-currency flows. The two basis point decline was largely a result of lower corporate forward volumes, which I've just mentioned, along with pricing on higher value consumer transfers. Pleasingly, we've started to see a contribution from non-FX revenue, albeit it had only a small impact in full year 2026. Our month-on-month growth rates in the second half point to a healthy contribution full year 2027. In addition, interest revenue will continue to grow as client wallet balances also grow. However, as we invest for growth, underlying operating expenses increased by 9.1% to AUD 171.5 million, which I'll talk through in more detail on slide 19. This planned investment and cost uplift, combined with our softer trading environment, resulted in an underlying EBITDA of AUD 25.2 million, down from AUD 57.7 million in full year 2025. Once depreciation, amortization, interest, and taxes are taken into account, we reported an underlying NPAT of AUD 2.3 million for the year, but a statutory loss of AUD 0.4 million, including one-off items. We have an effective tax gain as our R&D credits accumulate, in theory can be carried forward for use in the future. As profitability returns, the tax credits will be able to be applied, thereafter, the effective tax rate should trend more back to our normal levels through to full year 2027 and full year 2028. Our balance sheet remains solid, with net cash held at AUD 71.6 million at the end of the year. As you can see on slide 18, we have shown the main drivers of the reduction in EBITDA in full year 2026. Just over half the movement is related to the reduction in NOI, as I've just covered, and the majority of the rest of the reduction is related to increased investment and cost to deliver NCP, support client migration, and to drive our go-to-market activities. Outside of those two factors, there have been smaller impacts from salary inflation and higher bad debts, which is partly offset by lower performance-related incentive payments and productivity savings. Moving to slide 19, you can see the composition of our increased operating expenses. We are making targeted investments and cost uplifts to deliver our 2.0 strategy to accelerate growth. Whilst operating expenses are up 9.1%, excluding the increase in bad debts, which we believe is more one-off in nature, operating expenses are up a more modest 6.5%. We finished the year below the lower end of our prior guidance range. Employment expenses, our largest cost category, was up 6.3% versus the prior corresponding period, driven by wage inflation and additional roles, primarily in technology, marketing, and frontline sales roles to execute our growth strategy. Promotion expenses increased by 10.3% as we supported the accelerated launch of NCP in Canada and EMEA, and which helped drive the 8.3% growth in corporate NTCs. We have invested in account-based marketing, and our new website's now live for our major regions. Bad and doubtful debts were AUD 6.3 million for the full year. Whilst this is a sizable increase on prior periods, it relates to a very small number of incidents. We are actively pursuing recoveries and have strengthened our risk settings and controls to manage this closely. We did finish the year with slightly improved performance in the second half, albeit the half was negatively impacted by some increased phishing activity which did lead to some unexpected losses in the second half. Longer term, with more clients on NCP, these risk controls will improve further as the platform provides us with better technology and more optionality to manage risk settings at an account level. Performance-related costs and commission expenses were lower in full year 2026, reflecting the underperformance on revenue. We would expect these to return to more normal levels in full year 2027, and hence we would expect a modest increase in the cost base this coming year. Other than for the normalization of these items, operating expenses are expected to remain broadly flat as we deliver planned productivity savings through the organization, particularly in the corporate functions. Absolute cost growth is expected to be limited to inflation in full year 2027, including the expected increase in performance-related costs and commissions. Turning to slide 20. Discussed previously, we have been investing to create a path to growth and better long-term performance. At the start of full year 2026, we committed to incremental costs of, in full year 2026, of between AUD 16 million and AUD 24 million in OpEx and approximately AUD 5 million in additional CapEx. You can see, we spent less than the expected and broadly in line with our prior years. The lower spend in full year 2026 is for two main reasons. Firstly, our delivery is executing better than expected as we're delivering the same roadmap with less resources. Secondly, the lower revenue performance reduced short-term performance outcomes, which had been factored into our initial guidance in full load. Moving to slide 21. Our balanc e sheet remains strong with good levels of cash to support our growth ambition. The business continues to demonstrate good cash generation with an operating cash conversion rate of over 100%. Our underlying EBITDA of AUD 25.2 million converted to a net cash fl ow from operating activities of AUD 26.7 million, supported by the timing of collection of receivables. Our net cash held position remains strong at AUD 71.6 million. After deducting our collateral and cash back guarantees, the net available cash position of AUD 49.6 was down only AUD 1.4 million across the year. This small reduction in net available cash reflects the operating cash conversion, offset by the investment in the OFX 2.0 strategy and the debt and share buyback payments, which were predominantly paid in the first half. The remaining debt now stands at AUD 18 million. Given the announcement of the strategic review, the share buyback was paused, with 2.3 million shares, AUD 1.9 million bought back predominantly in the first half of the year. A strong balance sheet and cash flow provides a foundation for us to invest in our accelerated growth strategy while continuing to look for productivity wherever possible. I'll now hand back to Skander to take you through our full year 2027 outlook. Thank you, James. That was an excellent explanation. Let's move to slide 23 to cover our outlook. I'm very mindful that the economic and geopolitical backdrop is very uncertain. To some extent, that has shaped what we believe is a reasonable view of what we can deliver in FY 2027 and beyond. However, there are several factors that are within our control. We've listed them on the left-hand side. Put simply, the foundations are in place. The heavy lifting through our corporate migrations has largely been navigated. We're set to grow. We see the outcomes as being positive. Specifically, we know we can grow corporate active clients, while we expect cross-currency ATVs to remain steady. As active clients grow, so do transaction volume, which translates into growth in corporate revenue. We see a path to stabilizing consumer revenue through refocusing on the segment for the first time in four-plus years, including reallocating some marketing budget to it and bringing clients onto the NCP. Enterprise has been growing well year-over-year, and we see that continuing. We know that we can control costs and put in place new controls to reduce bad debts. A slight increase in operating expenses includes a rebasing of performance incentives, but as with fiscal year 2026, that would be dependent on growing the top line. The anticipated increase in NOI combined with strong cost control sees us targeting a return to delivering positive operating leverage in fiscal year 2027. We'll continue to manage CapEx well, as we have over the last three years. We retain our target of 15% NOI growth with underlying EBITDA margins of around 30%, but this will come over the medium term as we cycle out of the investment phase. Naturally, we'll keep you updated of our progress subject to the outcome of the strategic review process. Thank you, and I'll now pass back to Ashley to handle the Q&A. Thank you. If you wish to ask a question, please press star one on your telephone and wait for your name to be announced. If you wish to cancel your request, please press star two. If you're on a speakerphone, please pick up the handset to ask your question. Your first question today comes from Michael James Trott with MST Financial. Please go ahead. Hi, guys. Thanks for the opportunity to ask a question. I just want to start with the strategic review. Can you give us an idea of how many credible parties are still within the, I guess, the process moving forward now? If not, are you able to indicate whether any have dropped off since the last update from the Q4 trading update? Thanks, Michael. Obviously, it's a very sensitive process. All we can tell you is there are still multiple credible parties that we're working with. Okay. That's fair enough. Moving on to, I guess, the AI developments that you've been kind of referring to, I think it was on slide 19. Just like a two-pronged question with this on how these are being rolled out within the New Client Platform across the onboarding within the corporate segment. Also, is it more of like an internal use or are we actually getting to see this on, like, the user interface as well? Can you just give us, like, a better idea of how these agents are being deployed on both sides of the business, I guess? Yeah, sure. Firstly, in terms of onboarding, one of the things that we've introduced in terms of an agent performing an activity that our onboarding team used to perform, which basically doing a lot of the kind of KYC data collection in advance of being able to confirm the customer's whereabouts. It can now go out and obviously check all the online references. It can check, you know, Companies House in the U.K. and all those types of things, which normally would take an individual, a person to go collect. That all gets summarized in seconds so that the agent is honing in on the things that don't make sense. Obviously, again, the agent can, over time, learn the areas that it sees as being, you know, worthy of further investigation. That's already in our onboarding teams, and it's already operating. In terms of the second part of your question, we have several agents that we're testing that will be available for clients in due course. They're covering a range of activities that you would expect clients to be covering for themselves, like how do I automate my workflows? How do I think about FX hedging? How do I want to think about the best time to be paying invoices and all those types of activities that typically a user would be performing for their business. Clearly, we want to make sure that they are what I would call industrial strength before we expose them to clients. We're still working our way through them. I have to say, the teams have really accelerated development of this and, you know, we're super excited to be able to launch them soon. Yeah. That would be largely this FY 2027 year and predominantly then FY 2028 for the wider rollout, I guess. Sure. Yeah. Yeah. I guess on the same point, just to clarify with the reintroduce of your longer term guidance, are you still predominantly targeting those, the NOI growth and the underlying EBITDA margins, for FY 2028, or is it more now an acceleration through to FY 2029? Is that how we should kind of be viewing it? The, the challenge with FY 2028 is that, you know, the economic assumptions are so difficult to predict. We would still love to do it in fiscal year 2028, but we're not specifying fiscal year 2028. All the fundamentals which are gonna drive that 16% top line and all of the fundamentals that drive the 30% margin we're working very, very hard on. It would be difficult for us to confirm it for fiscal year 2028 at this point, just given the uncertain economic outlook. Yeah. One last one, just on the enterprise revenue, if I can. Given it has had such strong momentum these past three years, and it's what now, like greater than 20% growth. I guess for the next year or over into the lon ger term guidance as well, are you still targeting in those, like, high teens, 20% growth going on? Or are you suspecting that will subdue over time and more normalize to, say, the lower end of the teens? No, we would expect that to remain in the teens. Clearly, our focus, our heavy focus at a platform level has been corporate and now it's consumer. We're not providing kind of more product to our enterprise clients or our sales teams at this point. Therefore, you know, you wouldn't expect there to be substantial growth beyond the mid-teens. That said, we're finding that the client's organic growth and the usage of the products that we already provide to be very healthy. There's definitely quite a lot of appetite for us to be rolling out NCP for enterprise clients in due co urse, but that's not a fiscal year 2027 goal. Yeah. Cool. Cool. Thank you very much for that. Thanks, guys. Bye. Thank you. Once again, if you wish to ask a question, please press star one on your telephone and wait for your name to be announced. We will now pause a short moment to allow any final questions to register. There are no further questions at this time. I'll now hand back to Mr. Malcolm for closing remarks. Thanks, Ashley. Thanks everyone for dialing in, and look forward to connecting with you individually over the next few days. Thank you. That does conclude our conference for today. Thank you for participating. You may now disconnect.