Ann: Wisr Delivers Revenue Growth and NIM Expansion, page-13

Complete hogwash. I am all for rewarding for performance. Heck if the business was making profits or margins improving and new lending increasing at same time and profitability was on the cards - for sure. But that is not happening here and getting another ABS tranche out the way is good; but par for the course when you’re running an unsecured lending business. It’s literally what they get paid salaries for. I’m trying to understand what STI and LTI hurdles have been hit as I don’t see it in the outcomes or results. If they get paid bonuses for slowing new lending, and slight improvements in margins - honestly come on anyone can do that. At the moment this is looking like another small cap business that can only operate at low interest rates. And it feels like management are hanging on until that happens - so why should they be getting any STI or LTI now when they are in caretaker mode.