Share Capital

Unless otherwise determined in accordance with the Company’s Constitution, the Share capital of the Company will be comprised of ordinary shares. Each Share has the right to cast a vote in any meeting of Shareholders.

Dividend Policy

It is the intention of the Company to pay dividends to Shareholders at a level sufficient for those dividends to be fully franked as soon as reasonably practical. Dividends will be franked to the extent that available imputation credits permit.

Transfers

Shareholders can transfer Shares in the Company to another person. To transfer their Shares, Shareholders must:

1. deliver to the Company a transfer notice in the form approved by the Directors. The transfer must be executed by the transferor and transferee and, if necessary, stamped to indicate that stamp duty has been paid;
2. deliver to the Company any other document required by the Company or any law; and
3. pay any relevant costs and disbursements.