Qube (QUB) Scheme meeting 2026 summary

Opening remarks and agenda

• Meeting convened to consider the proposed Scheme of Arrangement for Rubik Australia to acquire all issued shares, with separate voting for general shareholders and UniSuper.

• All board members and senior executives were present, and the scheme booklet and independent expert's report were tabled.

• Acknowledgment of Traditional Custodians and respect extended to Aboriginal and Torres Strait Islander Peoples joining the meeting.

Financial performance review

• Qube has grown from 150 employees and 30 sites to over 10,000 employees in 200+ locations since 2006.

• The AUD 5.20 per share offer represents a significant premium to historical trading prices and values Qube's equity at approximately AUD 9.3 billion.

Board and executive committee updates

• Directors' fees remained unchanged from the previous year, with no additional exertion payments.

• The executive team is expected to remain post-transaction, while no offers have been made to non-executive directors.

• Board consists of a Chairman, Managing Director, and six Non-executive Directors.

• Chairman John Bevan presided over the meeting.