Ann: Trading Update, page-102

agreed, and at the most recent 2022 AGM, John Joyce stated:

'Finally, I would like to thank you, our shareholders, for your ongoing support. As a Board,
we do not feel the current share price reflects the intrinsic value of our Company or its
long-term prospects, however we acknowledge the overall sentiment dynamics toward
the consumer outlook in Australia and New Zealand. This will pass in time, and we expect
to be judged on our long-term results. We are focused on delivering long-term
improvements in our business and financial results that flow from strong execution. We
believe we have the right strategies in place to deliver strong returns for our shareholders
and positive outcomes for our employees and customers.'

This was at a SP of around $2.15