Good morning, everyone. My name is Doug McTaggart. I am Chair of the Spark Infrastructure Board of Directors. I'll be chairing today's meetings, which are the following meetings which will be held concurrently. Scheme meeting of the security holders of Spark Infrastructure Trust in their capacity as holders of loan notes issued by Spark Infrastructure pursuant to the Spark Infrastructure Note Trust Deed, which I will refer to during today's meetings as the Creditors Scheme Meeting. The concurrent meeting of security holders of Spark Infrastructure Trust in their capacity as holders of loan notes issued by Spark Infrastructure pursuant to the Spark Infrastructure Note Trust Deed, which I will refer to during today's meeting as Concurrent Creditors Meeting. The meeting of security holders of Spark Infrastructure Trust in their capacity as holders of units in Spark Infrastructure Trust, which I'll refer to during today's meetings as the Trust Meeting. Before proceeding, I would like to acknowledge the traditional owners of the country on which we are located today and recognize their continued connection to land, waters, and culture. I pay my respects to their elders past, present, and emerging. It is now past the scheduled start time for the meetings, and I have been informed that a quorum of security holders is present for each meeting. Accordingly, I declare each meeting open. On behalf of my fellow directors on the Spark Infrastructure Board of Directors, I will welcome you to today's meetings. The Creditors Scheme Meeting has been convened pursuant to an order of the Supreme Court of New South Wales made on 19 October 2021. The Concurrent Creditors Meeting has been convened pursuant to the Spark Infrastructure Note Trust Deed, and the Trust Meeting has been convened pursuant to the constitution of the Spark Infrastructure Trust. Spark Infrastructure received judicial advice from the Supreme Court of New South Wales on 19th October 2021 that it would be justified in convening the Trust Meeting. The purpose of the Creditors Scheme Meeting is for security holders in their capacity as holders of loan notes issued by Spark Infrastructure pursuant to the Spark Infrastructure Note Trust Deed to vote on the proposed Creditors Scheme of Arrangement in relation to the acquisition of all the loan notes issued by Spark Infrastructure pursuant to the Spark Infrastructure Note Trust Deed by an entity which I will refer to during today's meetings as Pika Bidco, a newly incorporated company owned by funds managed or advised by Kohlberg Kravis Roberts & Co. L.P. and/or its affiliates, Ontario Teachers' Pension Plan Board, and Public Sector Pension Investment Board, who I'll refer to during today's meetings collectively as the Consortium. KKR is a leading global investment firm. OTPP is an independent statutory corporation established by the Teachers' Pension Act, Ontario. PSP Investments is a Canadian Crown corporation incorporated under the Public Sector Pension Investment Board Act of Canada. The purpose of the Concurrent Creditors Meeting is for security holders in their capacity as holders of loan notes issued by Spark Infrastructure pursuant to the Spark Infrastructure Note Trust Deed to vote on the amendment to the Spark Infrastructure Note Trust Deed. The purpose of the Trust Meeting is for security holders in their capacity as holders of units in Spark Infrastructure Trust to vote on the amendment of the Spark Infrastructure Trust constitution and the proposed scheme in relation to the acquisition of all units in Spark Infrastructure Trust by Pika Bidco. I have been appointed as chair of the meetings by the responsible entity of Spark Infrastructure Trust in accordance with Section 252S of the Corporations Act. As a consequence of the ongoing COVID-19 pandemic, we are hosting meetings virtually. If we experience any technical issues during today's meetings that may result in a significant number of securities being unable to reasonably participate, I will adjourn the meetings. If that occurs, we will lodge an ASX release that sets out the details of the reconvened meetings. We would hope that any technical issues could be resolved quickly and the reconvened meetings are held later today. Please check the ASX if this eventuates. I would like to begin by introducing my fellow directors who are joining us online today, along with representatives of senior management and our legal advisor, Herbert Smith Freehills. Mr. Greg Martin is an independent non-executive director and is chair of the Remuneration Committee and a member of the Nomination Committee. Mr. Andrew Fay is an independent non-executive director and is a member of the Audit, Risk and Compliance Committee and the Nomination Committee. Mr. Miles George is an independent non-executive director and is a member of the Remuneration Committee, the Audit, Risk and Compliance Committee, and the Nomination Committee. Ms. Anne Brennan is an independent non-executive director and is chair of the Audit, Risk and Compliance Committee, and a member of the Nomination Committee. Ms. Lianne Buck is an independent non-executive director and is a member of the Audit, Risk and Compliance Committee and the Nomination Committee. Finally, Mr. Rick Francis, our managing director and chief executive officer. Also joining us online today are our chief financial officer, Gerard Dover, our general counsel and company secretary, Jenny Faulkner, our head of renewables, Anthony Marriner, our head of finance and investor relations, Neil Donaldson, and Philip Podzebenko, partner at Herbert Smith Freehills. To procedural matters. Before commencing the business of our meetings today, I would like to outline the procedure for today's meetings, including how to ask questions and vote. If you need assistance at any time during today's meetings, please call our securities registry, Boardroom Pty Limited, on 1800 006 39 or +61 2 9290 9600. As to how to ask a question, any security holder or appointed proxy is eligible to ask questions. If you would like to ask a question, you can do so by using the online platform or via telephone. Instructions on how to do this are included in the scheme booklet and are also now shown on the screen. You may submit questions at any time from now. Jenny Faulkner, Spark Infrastructure's General Counsel and Company Secretary, will pass questions to me to address as chair of the meeting. I will endeavor to answer all your questions straight away. However, I might take a question on notice if necessary. We will address all questions. However, note that questions may be moderated or amalgamated if there are multiple questions on the same topic. Each security holder should restrict themselves to no more than two questions per item. Please also keep them short and to the point. Otherwise, we may need to summarize them in the interest of time so that as many security holders as possible have the chance to ask a question. It would also be helpful if you could please indicate the resolution number to which your questions relate and provide the capacity in which you are participating if you are representing another party. As outlined in the scheme booklet, voting on each resolution will be conducted by a poll. Security holders or their proxy holders, attorneys, and corporate representatives are entitled to vote on the resolutions. Security holders had the option to appoint a proxy for today's meetings. If you did not do this, you may also vote via the online platform during the meetings by selecting the Voting tab on the navigation bar. Instructions on how to vote are included in the scheme booklet and also now shown on the screen. You may vote at any time from now until I close the polls. I'll provide a warning before closing the polls. I will vote all available proxies in favor of the resolutions, and during the meeting, we will display the number of proxy votes received prior to the meetings in relation to each of the resolutions. After the meetings close, your votes will be counted by our securities registry, Boardroom Pty Limited, and the results will be announced to the ASX via the company announcement platform as soon as possible. Shortly, I will say a few words about the proposed schemes. We will then move to the formal business of today's meetings. We will invite discussion relevant to each of the resolutions in the order in which they appear in the notice of meetings. The resolutions will be considered with an opportunity for security holders to ask questions or make comments on each item of business. I will adjourn the concurrent creditors meeting and trust meeting, then invite discussion on resolution one, the creditors scheme meeting. As there are four resolutions to be considered across today's meetings, and as the resolutions are interrelated and have been set out in the notice of meetings, which were included in the scheme booklet, I propose to take all questions in relation to the schemes and each of the resolutions at that time. However, owing to formalities, I will also allow for questions and comments again during the concurrent creditors meeting and the trust meeting. Once there are no further questions or comments, I will adjourn the creditors scheme meeting for the taking of polls later in today's meetings. I will then reopen the concurrent creditors meeting and invite discussion on resolution two, Spark Infrastructure Note Trustee resolution. Once there are no further questions or comments, I will adjourn the concurrent creditors meeting for taking of polls later in today's meeting. I will then reopen the trust meeting for discussion on resolution three, trust constitution amendment resolution, and resolution four, trust acquisition resolution. Once there are no further questions or comments, I will adjourn the trust meeting for taking of polls later in today's meetings. I will then reopen each meeting and take each poll separately at the same time as the other polls. Before moving to the formal business of today's meetings, I would like to provide a brief summary of the engagement process with the consortium and say a few words about the proposed schemes. Details of the engagement process with the consortium and the schemes are also outlined in detail in the scheme booklet, which was made available to security holders pursuant to an order of the Supreme Court of New South Wales made on 19th November 2021. On 15th July 2021, Spark announced Pika and Bidco's initial and revised proposals for implied consideration of AUD 2.6375 per stapled security and AUD 2.7375 per stapled security, respectively. Following careful consideration and in consultation with its advisors, the Spark Infrastructure Board considered that it was in the interest of security holders to engage with the consortium and agreed to provide limited information regarding Spark Infrastructure's business and its prospects after the signing of the confidentiality agreement. All discussions were held on a non-exclusive basis, always allowing the opportunity for competing bids to arise. On 28th July 2021, Spark Infrastructure announced a further revised proposal from Pika Bidco for implied consideration of AUD 2.8875 per stapled security, an increase of AUD 0.25 per stapled security or approximately 9.5% to the implied price offered under the initial proposal from Bidco of AUD 2.6375 per stapled security. The further revised proposal was in fact a AUD 2.95 per stapled security, but to be reduced by any subsequent distributions paid by Spark Infrastructure. On 15th September 2021, Spark Infrastructure paid its interim dividend for 2021 to security holders of AUD 0.0625 per stapled security in accordance with guidance. Accordingly, the implied consideration of the proposal is AUD 2.8875 per stapled security. The schemes will only become effective and be implemented if the resolutions are approved by security holders at today's meetings and the court approve the creditor's scheme and provides the second judicial advice. If the schemes become effective and are implemented, Pika Bidco will acquire all Spark Infrastructure securities held by security holders as at the scheme record date. If the schemes become effective and are implemented on or before 31th December 2021, security holders who hold Spark Infrastructure securities as at the scheme record date will receive a total cash amount of AUD 2.8875 per stapled security, comprising a cash consideration from Pika Bidco of AUD 2.8875 dollars per stapled securities, less the cash amount of any special distribution paid by Spark Infrastructure, plus the cash amount of any special distribution paid by Spark Infrastructure. As announced to the ASX on Friday, 19th November 2021, if the schemes become effective, Spark Infrastructure intends to pay, before the schemes are implemented, a special distribution from the Spark Infrastructure Trust of AUD 0.12 per stapled security, fully franked to the value of AUD 0.0514 per stapled security. The payment of the special consideration is subject to approval by the Spark Infrastructure Board. The abilities of security holders to benefit from franking credits depends on their individual tax circumstances, including their tax residency and marginal tax rate. If the schemes are implemented after 31th December 2021, security holders who hold Spark Infrastructure securities as at the record date for Spark Infrastructure's final distribution from the Spark Infrastructure Trust for 2021, which is expected to be 31th December 2021, will be entitled to receive the final distribution. In this situation, the total cash amount per stapled security will be reduced by the cash amount of the final distribution and the amount of the special distribution, which will be adjusted to reflect the availability of franking credits for distribution after payment of the final distribution. In addition, if the schemes are not implemented before 15th February 2022, security holders who hold Spark Infrastructure securities as at the scheme record date will receive an additional cash consideration from Pika Bidco of AUD 0.01 per stapled security they hold as at scheme record date on 15th February 2022, and a further AUD 0.0003333 cents per stapled security for every day thereafter up to the implementation date. If the resolutions are not approved by security holders at today's meetings, or the court does not approve the creditor's scheme and provide the second judicial advice, or if any other condition precedent is not satisfied or waived, if applicable, the schemes will not proceed and Spark Infrastructure will not declare and pay any special dividend. Spark Infrastructure Group will remain listed on the ASX, and Spark Infrastructure will continue to target a final distribution for the 2021 financial year of AUD 0.0625 per stapled security, subject to business conditions. The total cash amount of AUD 2.8875 per stapled security represents a 26% premium to the closing price on 13th July 2021 of AUD 2.30 per stapled security, a 28% premium to the one-month VWAP up to and including 13th July 2021 of AUD 2.25 per stapled security, a 31% premium to the three-month VWAP up to and including 13th July 2021 of AUD 2.20 per stapled security, and a 34% premium to the six-month VWAP up to and including 13th July 2021 of AUD 2.16 per stapled security. Reasons to vote for and against the schemes. Spark Infrastructure Board has identified several reasons why you may want to vote in favor of the schemes and various reasons why you may want to vote against them. These are set out in detail in the scheme booklet and summarized in the slide now shown. As previously mentioned, the total cash amount of AUD 2.8875 represents a premium to the recent historical trading prices of Spark Infrastructure securities prior to 13th July 2021, being the day before Spark Infrastructure securities were placed in a trading hold on 14th July 2021, pending Spark Infrastructure's first announcement on 15th July 2021 of Pika Bidco's initial and revised proposals. In addition, the schemes provide security holders with the opportunity to achieve a certain cash price for their investment in Spark Infrastructure securities. In addition, we had an independent expert's advice. Spark Infrastructure appointed KPMG as the independent expert to assess the merits of the schemes. The independent expert has concluded that the schemes are fair and reasonable to scheme security holders and therefore are in the best interests of scheme security holders in the absence of a superior proposal. There has been no change in the independent expert's opinion. In particular, the independent expert has assessed the value of a staple security to be between AUD 2.49 and AUD 2.86. The total cash amount of AUD 2.8875 per staple security offered to security holders is above this range. Independent experts' full commentary in relation to the schemes is contained in their report, which is included in the scheme booklet. The Spark Infrastructure board confirms that as at the time of today's meetings, no superior proposal has emerged, and the Spark Infrastructure directors are not aware of any superior proposal. As such, the Spark Infrastructure board unanimously recommends that security holders vote in favor. Prior to today's meetings, each voted or procured the voting of any Spark Infrastructure securities held and controlled by them as at the time of the meetings in favor of the schemes by voting in favor of the resolutions. As to the status of conditions, implementation of the schemes is now principally conditional on three things occurring, namely, security holders approving each of the resolutions of today's meetings, approval from Australia's Foreign Investment Review Board or FIRB, and the Supreme Court of New South Wales approving the creditors scheme and providing the second judicial advice at the second court hearing. The schemes are also subject to other customary conditions precedent, which are described in detail in the scheme booklet. FIRB approval has not yet been obtained. The consortium has informed Spark that the FIRB approval process is well progressed and the consortium currently expects to obtain FIRB's decision with sufficient time such that if the transaction is approved, it can be implemented on 22nd December 2021 in accordance with the timeline set out in the scheme booklet. Spark will continue to update the market on the status of the FIRB condition and any changes to the timetable for implementation. If FIRB approval has not been obtained before the second court hearing, which is scheduled for 26th November 2021, Spark Infrastructure will seek leave from the court for the second hearing to be commenced on 26th November 2021 as scheduled, and then adjourned until after FIRB approval has been obtained. As at the time of today's meetings, the Spark Infrastructure directors are not aware of any circumstances which would cause any of the outstanding conditions not to be satisfied or waived, if applicable. If all the resolutions are approved by security holders at today's meeting, and all other conditions precedent are satisfied or waived, if applicable, other than FIRB approval and the conditional and the court approval of the creditors' scheme and the second judicial advice, Spark Infrastructure will apply to the court for orders approving the creditors' scheme and providing the second judicial advice. If at the second court hearing, the court approves the creditors' scheme and provides the second judicial advice, a copy of the court orders will be lodged with ASIC, following which the schemes will become legally effective and Spark Infrastructure securities will be suspended from trading on the ASX. The second court hearing to approve the creditors scheme and provide the second judicial advice is scheduled for 26th November 2021. Lodgment of the court orders with ASIC and the suspension of Spark Infrastructure securities from trading on the ASX is currently expected to occur on 29th November 2021. If paid, the special distribution is currently expected to be paid to security holders on 8th December 2021 in respect of securities held by security holders on the special distribution record date, which is currently expected to be 1st December 2021. Schemes are then currently expected to be implemented on 22nd December 2021, and on this date the satisfaction of the outstanding conditions precedent. Any changes to these dates will be announced through the ASX. If the resolutions are not approved by security holders at today's meetings, or the court does not approve the creditors scheme and provide the second judicial advice, or if any other condition precedent is not satisfied or waived, if applicable, the schemes will not proceed, and Spark Infrastructure will continue as a standalone entity listed on the ASX. I would now like to move to the formal business of today's meetings. The concurrent creditors meeting and trust meeting are now adjourned, and I will now move to resolution one, creditors scheme resolution. Resolution one, creditors scheme resolution, relates to the proposed creditors scheme of arrangement in relation to the acquisition of all of the loan notes issued by Spark Infrastructure pursuant to the Spark Infrastructure Note Trust Deed by Pika Bidco. A copy of the creditors scheme resolution is now shown on the screen and is as follows. That, subject to and conditional on A, Resolution two, Spark Infrastructure Note Trust Deed resolution in the notice of concurrent creditors meeting and trust meeting being passed. B, Resolution three, trust constitution amendment resolution, and Resolution four, trust acquisition resolution in the notice of concurrent creditors meeting and trust meeting, known as the trust resolutions being passed. The court confirming that Spark Infrastructure would be justified in acting upon the trust resolutions and doing all things and taking all necessary steps to put the trust scheme into effect. Pursuant to and in accordance with the provisions of section 411(1)(i) of the Corporations Act, the scheme of arrangement proposed by Spark Infrastructure and the holders of loan notes issued by it as contained in and more particularly described in the scheme booklet, of which the notice convening this meeting forms part, is agreed to with or without modifications as approved by the Court. In order for this resolution to be passed, more than 50% of security holders present and voting on the resolution, whether in person or by proxy, attorney or corporate representatives, must vote in favor of the resolution, and at least 75% of the total number of votes cast in respect to the resolution must be in favor of the resolution. Questions. As there are four resolutions to be considered across the three meetings today, and as the resolutions are interrelated and have been set out in the notices of meeting, which were included in the scheme booklet, I propose to take all questions in relation to the schemes and each of the resolutions now. Owing to formalities, I will also allow for questions and comments again during the concurrent creditors meeting and the trust meeting. Security holders, proxies and authorized representatives can submit questions in relation to the schemes and the resolutions using the online platform or via the telephone. Questions should be restricted to matters relevant to the business of today's meetings. Jenny, are there any questions? Thanks, Doug. The first question is from Mr. David Brockway about the scheme consideration. Mr. Brockway states, "I feel that the communication around what we will be receiving is misleading. We are not receiving AUD 2.95. We are receiving AUD 2.8875. I understand that includes the distribution of AUD 0.0625 per Spark Infrastructure security, but I believe that wording it the way you did was misleading. Thank you, Mr. Brockway, for your comment. We understand your comment, but we believe all our communication, and in particular the scheme booklet, has been clear. The AUD 2.95 figure is only quoted once in the scheme booklet with all other references, including the very first reference in my chairman's letter, referring to the total cash amount of AUD 2.8875 per stapled security. I might add that the scheme booklet is in the form that the Court has ordered to be provided to security holders. By way of further background, the final offer letter from the consortium references AUD 2.95 per stapled security to be reduced by any distribution subsequently paid. As you appreciate, the final offer was agreed on the 23rd of August 2021 when we signed the scheme implementation. Subsequently paid interim distribution for 2021 at AUD 0.025 per security, 15th September 2021, which then reduced the cash consideration from the consortium to AUD 2.8875 per stapled security. Assuming the schemes become effective, we also intend to pay a special distribution of AUD 0.12 per security to security holders. This will again reduce the consideration payable by the consortium to AUD 2.7675 per stapled security. In aggregate, the total cash amount to be received by security holders will remain at AUD 2.8875 per stapled security, but with the added attraction of franking credits of AUD 0.0514 per security for those security holders who are able to realize the full benefits of those. Next question, Jen. Thanks, Doug. The next question is from Foreland Holdings Limited, who asks, "What are the board's recommendations on all resolutions? The Board unanimously recommends that Spark Infrastructure security holders vote in favor of all resolutions. Thanks, Doug. Question. The next question is from Mr. James Victor Karr and Mrs. Jean Gwenneth Karr, who ask, "Why do you assume it is in the security holders' best interests to sell such a successful and valuable asset, especially to a non-Australian company? Thank you, Mr. and Mrs. Karr, for your question. Key reasons for the board's recommendation were highlighted earlier in this presentation, and they're set out more fully in the scheme booklet. These include the following. The board considers that the total cash amount of AUD 2.8875 per stapled security represents a significant premium to the recent historical trading prices of Spark Infrastructure securities. The total cash amount of AUD 2.8875 per stapled security is above the independent expert's range of assessed values for a Spark Infrastructure security of between AUD 2.49 and AUD 2.86. If the schemes proceed, Spark Infrastructure security holders will achieve a certain cash price or for their investment in Spark Infrastructure securities and will avoid ongoing risks and uncertainties associated with their investment in Spark Infrastructure securities. The independent expert has concluded that the schemes are fair and reasonable to scheme security holders and therefore are in the best interests of scheme security holders in the absence of a superior proposal. In forming the view, the board also considered potential disadvantages of the schemes proceeding, including that you may wish to maintain your investment in Spark Infrastructure securities because there may be limited alternative ways of obtaining exposure to an investment in an Australian-listed entity with comparable investment characteristics and a comparable asset portfolio of Spark Infrastructure. The board also considers that the scheme consideration appropriately reflects the scarcity value of Spark Infrastructure's tier one assets and their reliable and inflation-linked operating cash flows. Spark Infrastructure's attractive pipeline of growth projects and the growth opportunities available to Spark Infrastructure and the asset companies now and in the near term, arising from the transition of Australia's energy sector to a lower carbon future. Next question, Jenny. Thanks, Doug. The next two questions relate to foreign investment. Sandalwood Proprietory Limited asks, "How can you recommend a takeover of an Australian entity by a foreign entity, an existing significant investor?" Shirley Prager asks, "Why are you selling to overseas interests? Thank you both for your questions. Yeah, we understand your concerns, but this is not a matter for the board. Our fiduciary responsibility to security holders is to opine on value or to assess value. It is up to FIRB and the Treasurer to determine what is in the best interests of Australia. I won't be commenting on the domiciles of the consortium. As to the key reasons for the board's recommendation, these were highlighted earlier in this presentation and as I've just summarized. Next question. Thanks, Doug. The next question is from Mr. Robert Sterling Scrimgeour and Mr. Mark Charles Scrimgeour, who asks, "Was the offer financially beneficial to the future of Spark Infrastructure? Thank you, Mrs. Scrimgeour, for your question. We can't speak on behalf of the consortium, but we believe that the price being offered reflects an appropriate value for Spark's future growth and opportunities. Again, I restate, the independent expert has concluded that the schemes are both fair and reasonable, and therefore are in the best interest of scheme security holders in the absence of a superior proposal. Are there any further questions, Jenny? Thanks, Doug. Now we will turn to questions submitted via telephone. There are no questions via phone at this time. Thank you. There are no further questions submitted via the online platform either. Back over to you, Doug. Thank you, Jen. Thank you. Okay. The creditor scheme meeting is now adjourned for the taking of polls later in today's meeting. I move to the concurrent creditors meeting being reopened, and I will now move to Resolution two, Spark Infrastructure Note Trust Deed Resolution. Resolution two, Spark Infrastructure Note Trust Deed Resolution relates to the amendment of the Spark Infrastructure Note Trust Deed. A copy of the Spark Infrastructure Note Trust Deed Resolution is now shown on the screen and is as follows: That subject to and conditional on, A, Resolution one, the Creditor Scheme Resolution in the notice of creditor scheme meeting being passed. B, the Creditor Scheme being approved by the court under section 411(4)(b) of the Corporations Act, with or without modifications as approved by the court, and an office copy of the order of the court approving the Creditor Scheme being lodged with ASIC. C, Resolution three, the Trust Constitution Amendment Resolution, and Resolution four, Trust Acquisition Resolution in the notice of concurrent creditors' meeting and trust meeting, the Trust Resolutions being passed. D, the Court confirming that Spark Infrastructure would be justified in acting upon the Trust Resolutions and doing all things and taking all necessary steps to put the trust scheme into effect. Spark Infrastructure Note Trust Deed be amended with effect on and from the effective date as set out in the scheme booklet, of which the note-notice convening this meeting forms part, and the Spark Infrastructure RE and Melbourne Securities Corporation are going to be authorized to execute a copy of the Spark Infrastructure Note Trust Deed Supplemental Deed. In order for this resolution to be passed, at least 75% of the total number of votes cast in respect of the resolution must be in favor of the resolution. Are there. As I mentioned earlier, I'm now formally required to ask if there are any additional questions or comments relevant to the matters being put to this meeting. Again, if you are attending as a security holder, proxy, or authorized representative, you can submit your questions using the online platform or telephone. Jenny, are there any questions? Thanks, Doug. We have received one question via the online platform from Miss Jillian Margaret King, who is having trouble with her connection, but she also says, "Mr. McTaggart's response to the question, raising the assumption that the proposal is in security holders' best interests, does not consider other reasons that we have invested in Spark Infrastructure. Many of us have invested for reasons other than capital gains. We have invested for ongoing income and to be part of the energy transition. Thank you, Ms. King, for your question. The board considered all of those matters that you have raised, and on balance, believe that the consideration for Spark, the Spark Infrastructure securities is appropriate for the board to recommend in favor of voting for the resolutions. Again, I refer you back to the independent expert report that concluded that approving the schemes was in the interests of all security holders. I can assure you that the board took all of those matters that you have raised into account, and is firmly convinced that this was the right thing to do. Thank you for your questions. Thanks, Doug. We have received another question via the online platform from Majelu Pty Limited. The electricity network is vital to the security of Australia, so how can selling it be of value? Thank you for your question. I'm sorry I didn't get your name. I repeat my response from earlier. The board's response to the fiduciary responsibility is to opine on an assessed value for shares of Spark security holders. I do appreciate your concerns regarding the nature of the assets. That is not in terms of Australia's interests, but that is not a matter for the board. That is a matter for FIRB and the Treasurer to determine what is in the best interests of Australia. Jenny? Thanks, Doug. We will now turn to questions submitted via telephone. Thank you. There are no questions on the phone at this time. Thank you. No further questions have been submitted via the online platform, so over to you, Doug. Thank you, Jenny. The current creditors meeting is now adjourned for the taking of polls later in today's meeting. The trust meeting is now reopened, and I will move to Resolution three, Trust Constitution Amendment Resolution, and Resolution four, Trust Acquisition Resolution. Resolution three, the Trust Constitution Amendment Resolution, relates to amendment of the Spark Infrastructure Trust constitution. A copy of the Trust Constitution Amendment Resolution is now shown on the screen and is as follows. That subject to and conditional on A, Resolution one, Creditors Scheme Resolution in the notice of Creditors Scheme Meeting being passed. B, the Creditors Scheme being approved by the court under section 411(4)(b) of the Corporations Act, with or without modifications as approved by the court, and an office copy of the order of the court approving the Creditors Scheme Meeting being lodged with ASIC. C, Resolution two, Note to Trustee Amendment Resolution, and Resolution four, Trustee Acquisition Resolution in the notice convening this meeting being passed, pursuant to and in accordance with provisions of Section 601GC(1) of the Corporations Act, Spark Infrastructure Trust constitution be amended with effect on and from the effective date as set out in the scheme booklet, of which the notice convening this meeting forms part, for the purpose of giving effect to the trust scheme and Spark Infrastructure being authorized to execute and lodge with ASIC a copy of the Spark Infrastructure Trust Supplemental Deed. Resolution four, the Trust Acquisition Resolution relates to the proposed trust scheme under which Pika Bidco acquires all the units of Spark Infrastructure Trust. A copy of the Trust Acquisition Resolution is now shown on the screen. is as follows: That subject to and conditional on A, Resolution one, the Creditors Scheme Resolution in the notice of Creditors Scheme Meeting being passed. B, the Creditors Scheme being approved by the court under section 411(4)(b) of the Corporations Act, with or without modifications as approved by the court, and an office copy of the order of the court approving the Creditors Scheme being lodged with ASIC. C, Resolution two, Note Trustee Amendment Resolution, and Resolution three, Trust Constitution Amendment Resolution in the notice convening this meeting being passed, pursuant to and in accordance with provisions of Item seven of Section 611 of the Corporations Act, the trust scheme, as set out in the scheme booklet for which the notice convening this meeting forms part, to be approved, and in particular, the acquisition by Bidco of all Spark Infrastructure units held by the scheme security holders as at the scheme record date and all scheme shares pursuant to the trust scheme be approved for all purposes. I note that... I note that for the Trust Constitution Amendment Resolution to be passed, at least 75% of the total number of votes cast in respect of the resolution must be in favor of the resolution, and in order for the Trust Acquisition Resolution to be passed, more than 50% of security holders present and voting on the resolution, whether in person or by proxy attorney or corporate representative, must vote in favor of the resolution. Oh, I think I've just said that. Jenny, any questions? Thanks, Doug. No further questions have been submitted via the online platform. Now we will turn to questions submitted via telephone. Thank you. There are no questions on the telephone at this time. There are no further questions, Doug, so over to you. Chair, just before you continue, can I just add on that, on that last Trust Acquisition Resolution, it is required to be passed. At least 50% of the total number of votes cast in respect of the resolution must vote in favor of the resolution, just to clarify. Thank you. I thought I said that, Rick, but if I haven't, then it's been clarified. Thank you. Okay. Thank you. The trust meeting is now adjourned for the taking of polls later in today's meeting. Creditors Scheme meeting and the concurrent creditors meeting and trust meetings are each now reopened, and we will move to voting of the resolutions. Voting on resolution one. I now ask security holders to cast their vote in relation to resolution one, the Creditors Scheme resolution, if they have not already done so, as voting will be closed shortly. While you are finalizing your votes, I will read out details of proxies received. The proxies received in respect of the Creditors Scheme resolution are now shown on the screen and are as follows: 951,284,790 votes in favor from 1,088 security holders. 12,471,456 votes undirected from 526 security holders, and 4,654,901 votes against from 239 security holders. 3,542,223 proxies from 34 security holders abstained and are accordingly not counted when determining the outcome of the Creditors Scheme resolution. We move on to voting on resolution two, Spark Infrastructure Note Trust Deed resolution. I now ask security holders to cast their vote in relation to resolution two, Spark Infrastructure Note Trust Deed resolution, if they have not already done so, as voting will be closing shortly. While you are finalizing your votes, I will read out details of proxies received. The proxies received in respect to the Spark Infrastructure Note Trust Deed resolution are now shown on screen and are as follows: 951,059,295 votes in favor, 12,709,689 votes undirected, and 4,692,271 votes against. 3,490,115 proxies abstained and are accordingly not counted when determining the outcome of the Spark Infrastructure Note Trust Deed resolution. On to voting on resolution three, Trust Constitution Amendment resolution. I now ask security holders to cast their vote in relation to resolution three, Trust Constitution Amendment resolution, if they have not already done so, as voting will be closing shortly. While you are finalizing your votes, I will read out details of proxies received. Proxies in respect of the Trust Constitution Amendment resolution are now shown on screen and are as follows: 951,089,098 votes in favor, 12,736,250 votes undirected, 4,611,459 votes against. 3,514,563 proxies abstained and are accordingly not counted when determining the outcome of the trust constitution amendment. Finally, we move on to voting on resolution four, Trust Acquisition resolution. I ask security holders to cast their vote in relation to resolution four, Trust Acquisition resolution, if they have not already done so, as voting will be closing shortly. While you are finalizing your votes, I will read out details of proxies received. The proxies received in respect to the Trust Acquisition resolution are now shown on screen and are as follows: 950,983,054 votes in favor, 12,697,308 votes against. 3,462,967 proxies abstained and are accordingly not counted when determining the outcome of the trust resolution. Thank you for voting. I'd like to take this opportunity to thank all our security holders who have believed in and invested in Spark Infrastructure over the years. Thank you for your support. I would like to thank my fellow directors, Greg Martin, Andrew Fay, Miles George, Anne Brennan, Lianne Buck, and our Managing Director and Chief Executive Officer, Rick Francis, for their commitment, oversight, and knowledge, which has helped guide Spark Infrastructure over the years. Finally, I'd like to thank Rick and his management team, and all of the Spark Infrastructure employees for their hard work and dedication. You have helped make Spark Infrastructure a truly great company, and we wish you every success for this next phase of Spark Infrastructure. Regardless of the outcome of today's meetings, I am excited by the possibilities that lie ahead for Spark Infrastructure's future, and I know I speak on behalf of my fellow directors when I say it has been a privilege to be part of the Spark Infrastructure journey. Given that some securities holders may require additional time to finalize their votes using the online platform, there will be a 10-minute grace period at the conclusion of today's meetings to allow security holders to finalize their votes. The results of today's meetings will be released through the ASX as soon as available. This now concludes the business of today's meetings. Thank you for your attendance during today's meetings and to those security holders who participated by proxy. I now declare today's meetings closed for all purposes, subject to the conduct and conclusion of the polls. Thank you all very much.