SGM
NOTICE OF SPECIAL GENERAL MEETINGA Special General Meeting (SGM) of South West Credit ACN 087 651 705 will be held on Monday 21 March 2022 at 5:30pm AEST as a virtual meeting , online at https://meetings.linkgroup.com/SWCSGM. Registration will open at 5:00pm. MEMBERS MAY ATTEND:
If you are attending the SGM online, it is recommended you login to the platform at least 15 minutes prior to the scheduled Meeting start time. If you are attending the SGM via the phone conference facility, you must first obtain your PIN by calling our SGM service provider Link Market Services on 1800 990 363 or +61 1800 990 363 (outside of Australia) no later than 5:00pm (AEST) on Friday, 18 March 2022. The Online Guide is available here and provides details about how to ensure your browser is compatible with the online platform as well as a step-by-step guide to successfully log in and navigate the site. It also includes information relating to participation via the phone conference facility. Technical difficulties may arise during the course of the Meeting. The Chair has discretion as to whether and how the Meeting should proceed in the event that a technical difficulty arises. In exercising this discretion, the Chair will have regard to the number of members impacted and the extent to which participation in the business of the meeting is affected. Where the Chair considers it appropriate, the Chair may continue to hold the Meeting. Lodging your proxy Once you have completed the Appointment of Proxy form, please return it no later than 5:00pm (AEST) on Friday, 18 March 2022 using one of the below methods:
AGENDAItem 1: Welcome Welcome and opening by the Chair of the Board. Item 2: Transfer of Business To consider and, if thought fit, pass the following resolution as a special resolution: “That the members of South West Credit approve the proposed total transfer of business to Beyond Bank Australia Limited, and that the proposed transfer is expected to take effect at 12:01am on 1 April 2022.” By Order of the Board D. Brown Company Secretary EXPLANATORY NOTES TO NOTICE OF SPECIAL GENERAL MEETINGTransfer of business The reason for the proposal, together with additional information, is set out in the Member Information Document mailed with this Notice or available at www.swcredit.com.au/merger. Please read the Member Information Document carefully. The transfer proposal will only be approved if members of South West Credit vote in favour of the transfer resolution to be put to them at this SGM. To approve the transfer proposal, the special resolution must be passed by 75% of the votes cast by members present in person or by proxy at the meeting. The Constitution requires all votes at a general meeting of South West Credit be by way of a show of hands unless a poll is demanded. Given the importance of the resolution to the future of South West Credit, it is imperative that every vote submitted by proxy is counted to reflect the wishes of all members and not just those able to attend in person. It Is therefore the intention that, unless 5 members present (including proxy holders) demand that a poll be taken, the Chair will make that demand as allowed for under the Constitution. APPOINTMENT OF PROXY If you cannot attend the SGM, you may appoint a proxy to vote on your behalf on any issues that are decided by a poll. The proxy does not have a right to vote on a show of hands. This proxy applies only to this SGM and at any adjournment of that meeting. Please read the instructions carefully before completing the form. Who do you want to appoint as your proxy? If you want the Chair of the meeting to be your proxy, please tick the box provided. If you appoint the Chair as your proxy and direct the Chair on how to vote, the Chair must vote if a poll is conducted and must vote in the way you direct. If not so directed the Chair can vote according to his or her own intentions. If you want to appoint someone else as your proxy, please provide their name or office held and address on the form. You may direct the person how to vote and if you do so the proxy must vote in the way you direct. Please note that if your appointed proxy does not attend the meeting or does not cast your proxy vote as directed in a poll, the Chair of the meeting is taken to have been appointed as your proxy and will cast your vote as you directed. If not so directed the Chair can vote according to his or her own intentions. Signing Instructions You must sign the Appointment of Proxy form as follows in the spaces provided: Individual Where the membership is in one name the member must sign. Joint Holding Where the holding is in more than one name, the primary member must sign. Power of Attorney If you have appointed someone else as your Power of Attorney, your attorney can sign this form on your behalf. A certified copy of the Power of Attorney must be lodged with this document if you have not previously provided this document to the credit union. Bodies Corporate Where a body corporate has a sole director who is also the sole company secretary, this form must be signed by that person. If the body corporate (pursuant to section 204A of the Corporations Act 2001) does not have a company secretary, a sole director can also sign alone in the appropriate space. Otherwise this form must be signed by a director jointly with either another director or the company secretary. Please indicate the office held. If a representative of the corporation is to attend the meeting the appropriate ‘Certificate of Appointment of Corporate Representative’ form should be produced prior to admission. For all enquiries, call (03) 5560 3900 or email enquiries@swcredit.com.au. A copy of the documents mentioned above can be downloaded below: For more information about the proposed merger please visit www.swcredit.com.au/merger |
| Additional Information: |