Ann: Notice of Meeting of Stockholders on 10 April 2024, page-17

While the educational background of some management members may not directly align with the medical device industry, relevant experience and industry expertise can be acquired in other ways.

It's true that management has received shares and options over the years, and may have participated in the 2022 capital raise. However, shareholders ultimately own the company when it's publicly listed.

Choosing to remain private would have limited access to capital for growth.

As a publicly traded company, UBI's management is indeed accountable to all shareholders, not just a select few.

ASIC plays a role in ensuring companies comply with regulations.

Regardless of ownership structure, clear communication and transparency are crucial for shareholders.