The Board of Directors of the Company (the "Board") wishes to announce that OSK Asset Management (A) Pty Ltd ("OSKAM(A)"), an indirect wholly-owned subsidiary of the Company and holder of Australian Financial Services Licence ("AFSL"), intends to commence financial services activities ("Services") under the AFSL with effect from 24 March 2026.
The Services may include general financial product advice, dealing in and issuing securities and interests in its own managed investment schemes, hedging-related derivatives and foreign exchange transactions, and providing custodial or depository services to wholesale clients only.
The Board is of the opinion that commencing financial services activities under the AFSL is in the best interests of the Company and its subsidiaries (the "Group") and that OSKAM(A) will, barring any unforeseen circumstances, contribute positively to the Group.
This announcement is dated 24 March 2026.