Ann: Improved POSCO proposal and intention to recommend, page-9

Ceo.....the fine print says.....they'll take the 5c off the $4.60 if the "up to 5c" divvy is given.(unless I am mistaken?)

Here is the "fine print" at the bottom of page 3.

1 The offer price will be reduced by any dividends declared or paid, other than a dividend of up to A$0.05 per
share for the period ending 31 December 2021.
2 The exclusivity terms include a ‘no shop’ provision, a ‘no talk’ provision (subject to a fiduciary out), a ‘no due diligence’ provision
(subject to a fiduciary out), a ‘notification’ obligation (subject to a fiduciary out for the identification of the counter bidder) and a
matching right applying during the exclusivity period, each on customary terms.