Ann: Race continues Board renewal - appoints new Chair, page-46

First question to the chair - why have you not been buying for the last 15 months?

Agreed, still unanswered some shareholder here hold more than the board and buying. Why would they promote shareholders to support Race but not be financially invested the same. Happy if they just say don’t have the resource to do so or can’t whilst buyback is on.

Also with all the changes hopefully an investor update (presso) soon. I will assume they are waiting for positive news to drop before that happens. It would save a lot of phone calls to answer everyone’s questions at once rather than one at a time.

Just food for thought.