Ann: 2024 EGM Notice of Meeting, page-73

Thanks for the considered response

Since the TGA withdrawal earlier this year, there has been a increased need to run things capital lite. Former CEO Glenn Gilbert clearly over promised and under delivered! Otto Buttula took on the job of dealing with the aftermath... not an attractive proposition for a new CEO, nor the right place to be spending funds in the short term. The pivot and new strategic plan had to come first. I'm sure the right person for the job will be aligned.

Hindsight is nice, but does not represent reality unfortunately. It would have been great had they pursued IVDR simultaneously with TGA to keep all options open. Would also have been good if they'd commenced automation back then too and got CE mark for it.

I don't believe OB would have sold more if he could, doing so would have crashed the company! Another consideration is that he recently reached preservation age for super, where the shares were held. Might have influenced his decision to grab some of the substantial profits.