Diversified United Investment (DUI) Scheme meeting 2026 summary

Opening remarks and agenda

• Meeting convened to consider the proposed merger between DUI and AUI via a scheme of arrangement, following a Federal Court order and proper notice to shareholders.

• Quorum confirmed, meeting formally opened, and poll for voting declared open.

Board and executive committee updates

• Independent directors formed a committee to evaluate the merger proposal, unanimously recommending voting in favor, subject to ongoing positive expert opinion.

• Acknowledgement of directors and key attendees, including those with connections to major shareholders.

Shareholder proposals

• Main business was the resolution to approve the merger scheme, with shareholders able to ask questions and vote in person or online.

• The Ian Potter Foundation, the largest shareholder, strongly supports the merger and intends to vote in favor.