Q1. Retail shareholder participation rates keep falling in Australia. As a participant in the platform space, how involved are we in the process of getting notice of meeting and proxy voting information to retail shareholders of ASX listed companies for AGMs such as this one? Do the chair and CEO believe it is acceptable that at the recent Qantas AGM, less than 1% of the 150,000 shareholders voted? Is the rapid growth of platforms a part of the problem because the system isn't geared up to get voting information to shareholders.
Q2. How many full time equivalent staff do we currently have and is this likely to fall over the coming 12 months with the rapid roll out of AI? Which parts of our business and operations are the most prospective for AI productivity gains and how energetically are we embracing those opportunities?
Q3. Thank you for disclosing the proxy position early to the ASX along with the formal addresses and well done in receiving such strong support on all resolutions. The annual report says that we have 5,789 shareholders. When disclosing the outcome of voting on all resolutions today, but particularly this remuneration report item, please advise the ASX how many shareholders voted for and against each item, similar to with a scheme of arrangement? This will provide a better gauge of retail shareholder sentiment and insight into the chronically low retail shareholder participation rate. The likes of Qantas, ASX, Suncorp, Tabcorp, Myer, Flight Centre, Stockland and Computershare all voluntarily provided this data at their most recent AGMs.
Answer: They delivered the head count data, so many thanks and well done!
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