Meeting Of Creditors

Agenda items are:

1. To consider the report of the Deed Administrators.

2. To resolve that for each of the individual Companies:

- The terms of the Deed of Company Arrangement be varied on terms not materially different from that outlined in the report dated 15 March 2019; or

- The Deed of Company Arrangements be terminated and the Companies be wound up.

3. To fix the further remuneration of the Deed Administrators of Auzcorp Pty Ltd for the period 2 November 2018 to the conclusion of the Deed of Company Arrangement.

4. To fix the remuneration of the Trustees of the Creditors Trust (formed for the benefit of the Companies) for the period from commencement to completion.

5. If it is resolved that a company is to be wound up, and an alternate Liquidator is proposed, consider whether creditors wish to appoint the alternate Liquidator for that company.

6. If it is resolved that a company is to be wound up, to fix the remuneration of the Liquidators for that company.

7. If it is resolved that a company is to be wound up, consider whether a Committee of Inspection is to be appointed, and if so, the members of that Committee for that company.

8. If it is resolved that a company is to be wound up, consider whether, pursuant to Section 477(2A) of the Corporations Act 2001 (the Act), creditors authorise the Liquidators to compromise a debt owed to that company up to a maximum limit of $100,000.

9. If it is resolved that a company is to be wound up, consider whether, pursuant to Section 477(2B) of the Corporations Act 2001, creditors authorise the Liquidators to enter into any agreement on that companys behalf where:

- the term of the agreement may end; or

- obligations of a party to the agreement may, according to the terms of the agreement, be discharged by performance; more than three months after the agreement is entered into.

10. If it is resolved that a company is to be wound up, consider whether, subject to obtaining the approval of the Australian Securities & Investments Commission (ASIC) pursuant to Section 70-35 of Schedule 2 to the Act, the books and records for that company and of the Liquidators may be disposed of by the Liquidators 12 months after the dissolution of that company or earlier at the discretion of ASIC.

11. Any other business that may be lawfully brought forward.