5 questions lodged at 2024 Syntara hybrid AGM

Q1. Item 1. Financials: Our market cap is currently $66 million and we have accumulated losses of $400m+. Could the chair or CEO please provide a brief historical summary of who got the $400m and what decisions they would they have made differently to produce a less disastrous outcome for shareholders.

Q2. We have around 4,500 shareholders and Platinum is our second largest with 17%. This is an unusually large position for a listed stockpicker to take. What is the history of Platinum's investment and what sort of influence do they have over the company? Also, when disclosing the outcome of voting on all resolutions today, could you please advise the ASX how many shareholders voted for and against each item, similar to what happens with a scheme of arrangement? This will provide a better gauge of retail shareholder sentiment on all resolutions and insight into the chronically low retail shareholder participation rate. The likes of Qantas, ASX, Suncorp, Tabcorp and Computershare all do this already. You've got the data, so why not let the sun shine in?

Q3. Resolution 4: Thank you for disclosing the proxies early to the ASX with the formal addresses. The only material protest was around 40% on this item. Did any proxy advisers recommend against this item and what caused the protest vote? Will you change the incentive scheme structure in light of this protest vote?

Q4. The 5 most valuable US big tech stocks - Microsoft, Apple, Amazon, Alphabet and Nvidia - are together worth more than $20 trillion, largely because they have enormous pricing power and are over-charging customers the world over. Could the CEO comment on which of the big global technology companies we are most reliant on and what would we do if they suddenly put their prices up by 30%?

Q5. Given the interesting discussions across a range of topics today, could the chair undertake to make an archived copy of the webcast plus a full transcript of proceedings available on the company's website? There is no full webcast available online from last year's AGM, just copies of the formal addresses. Judges aren't told to go back back and watch video webcasts and politicians have Hansard which provides a full written record of proceedings. The likes of Nine, AGL, ASX, ANZ, Domino's, IAG, Lendlease and Woolworths all routinely produce transcripts. Will you follow suit today, in addition to publishing a full archive of the webcast?

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