Ann: Application for quotation of securities - RAC, page-22

I didn't get a chance to speak to Mary (other than a brief hello on the way in) but spoke to everyone else.

I asked everyone if the team was aligned - some were more convincing than others. I had already cast my votes but my position remained unchanged.

I know the hole is largely the result of DCB blowing cash on consultants for the new strategy. It may not have been Mary's decision but it happened under her watch and I think she should step down - nothing personal. Pete would be better suited in the chair role IMO as he is the face of business development and institutional investor relations.

Re sentiment - I don't think these are old coals.