Daniel Sullivan

Perennial Investment Partners Ltd. (Perennial) is the majority-owned investment management subsidiary of IOOF Investment Management Ltd., ultimately owned by IOOF Holdings Ltd. (SY: IFL) in Australia. Perennial was established in 2000 as a joint venture between senior investment professionals and IOOF. They are a specialist investment management firm which comprises a suite of investment management boutiques including Perennial Value Management Ltd., Perennial Growth Management Pty Ltd. and Perennial Fixed Interest Partners Pty Ltd. Based in Sydney and Melbourne, the firm also has a branch office in Hong Kong. They are a socially responsible investor and signatory to the UN Principles for Responsible Investment which manages investment trusts on behalf of institutional and retail investors, specializing in various investment approaches.

First Sentier Investors (Australia) IM Ltd. (FSIAIM) is the wholly-owned Australian asset management subsidiary of First Sentier Investors Holdings Pty Ltd., ultimately held by Mitsubishi UFJ Financial Group, Inc. (MUFG) (TYO: 8306) in Japan. The firm was founded as Colonial First State Asset Management (Australia) Ltd. (CFSAMA) in 2005 as a separate business from the retail product distribution services offered by Colonial First State Investments. Headquartered in Barangaroo, FSIAIM provides investment, superannuation and retirement products to individuals as well as corporate and superannuation fund investors. Their clients are institutional investors and accredited investors.

Wellington Management Australia Pty Ltd. (WMA) is an investment adviser headquartered in Sydney which was founded in 1997. They are a direct subsidiary of Wellington Management Global Holdings Ltd. and their ultimate parent is Wellington Management Group LLP. WMA provides investment advice to their clients including central banks and sovereign institution, consultants, defined benefit plans, defined contribution plans, endowments and foundations, family offices, insurers and intermediaries and wealth managers.

ARCO Investment Management Pty Ltd. (ARCO) is an independent alternative investment manager headquartered in Melbourne, Australia. The firm was founded by Peter Whiting and George Colman in 2008. ARCO manages private investment funds for various investors.

DFO Investments Pty Ltd. (DFO) is a family office headquartered in Sydney, Australia. The firm was founded in 1992 to manage the equity portfolio interests of the Darling Family. Formerly known as Caledonia Investments Pty Ltd., the firm changed their name to DFO Investments Pty Ltd. In 2010. DFO manages a long short equity strategy with a focus on deep fundamental research and high conviction long-term investing.

Caledonia (Private) Investments Pty Ltd. (Caledonia Investments) is an alternative investment management firm headquartered in Sydney, Australia. The firm is a subsidiary of Caledonia Holdings Co. Pty Ltd. Caledonia Investments was founded in 1992 as a private investment group to manage the investment portfolio of members of the Darling family and later, the Nelson and Vicars families. In 1998, they extended their investment management offerings to a wider selection of clients. The founding family groups remain significant investors and the management team also has a large proportion of their net wealth invested in the Caledonia Portfolio to ensure alignment of interests. The funds which they manage for the founding families, the investment management team and their clients have the same portfolio of investments, which may be made through an individually managed account or through pooled investment vehicles.

The University of Melbourne, founded in 1853, is a world-renowned institution located in Parkville, Australia. The university is a leader in education, teaching, and research, offering a wide range of coursework and research programs.

Australian Foundation Investment Co. Ltd. (Invt Mgmt) (AFIC-IM) is the investment management division of Australian Foundation Investment Co., Ltd. (ASX: AFI), a listed investment company headquartered in Melbourne, Australia. Founded in 1928, AFIC-IM aims to provide shareholders with diversified exposure to Australian equities.