Ann: Board Changes, page-11

Fruitless as it no doubt will be, I have voted against the Rem Report and the 20% pay increase awarded to the CEO over the Covid period.

The business has been hit hard by Covid no doubt but they haven't done nothing really to mitigate it and while others sacrifice, the KMT have insulated themselves and increased their Remuneration. According to the Anuual Report "the Group recorded $2.5 million of benefit from (Jobkeeper and Canadian Emergency Wage Subsidy) programs in FY 2021 (Australia: $1.4 million, Canada: $1.1 million) an increase of $1.1 million compared to FY 2020.

In 2017 when Bill was on $1.26m, GTN had Rev of $213.6m, made a profit of $6m and the SP was around $3.50 including a Div.

Fast Forward 4 years and Rev is $143.3m, posted a loss of $89m and NTA has declined over 4 years. If they every get back to 2017 metrics I reckon Bill will be on at least double his 2017 salary.

Totally unaligned with shareholders interests. They should have been on Rentseeker not Jobseeker.

I encourage to vote before 9 November online at Link Market Services..