Australian Agricultural Company Limited (AAYYY) Shareholder/Analyst Call Transcript

Well, ladies and gentlemen, good morning. My name is Donald McGauchie. And as Chairman of the Australian Agricultural Company gives me great pleasure to welcome you to AACo's 2026 Annual Meeting. I'm going to apologize in advance for my voice, the weather at home in Victoria has been pretty awful and cold. And I was coming up to Brisbane to get some nice warm sunny weather to help my voice through today, but guess what happened. It is now past 10 a.m., and I have been advised that a quorum is present. I declare this Annual General Meeting of Shareholders open. The AACo properties are the historical lands of many traditional custodians, we acknowledge them and offer our respects to their elders past and present. We recognize their culture and honor their deep connection to the land, waters, animals and skies, especially across the places we have lived and worked for our 2 centuries of operation. As a food and agricultural company, there is much to learn from their approach to community and their knowledge and care of country. Now some housekeeping matters. Can you please ensure that your mobile phones are turned off? I'd also like to point out that the emergency exits that are at the back of the room. The Notice of Meeting was provided to shareholders on Thursday, the 18th of June, and that will be taken as read. Today's AGM retains the flexibility of recent years, including a live video webcast to allow shareholders and interested parties to observe the meeting online. The link to the live video webcast can be found on the Notice of Meeting.