Richard James Goyder

Well, good morning, everyone, and a very warm welcome to Woodside's 2026 Annual General Meeting. I'm informed that a quorum is present and formally declare the meeting open. I also open the poll for voting on all items of business.

Can I begin by acknowledging the Whadjuk people of the Noongar nation as the traditional custodians of the land on which we meet today, and pay my respects to elders past, present and emerging.

Today's event is a valuable opportunity for Woodside's Board and management to hear directly from our shareholders and respond to your questions.

I am joined on stage this morning by our Chief Executive Officer and Managing Director, Liz Westcott, and Vice President and Group Company Secretary, Damien Gare. Every member of Woodside's Board of Directors is also here in the room. Nick Henry and Leanne Hassell, representing our auditors, PwC, are also present today.

We will take shareholder questions on all items of business in one question and answer session. Only shareholders, their attorneys, proxies and authorised company representatives are entitled to speak and vote at this meeting.

If you are a shareholder or proxyholder joining online, please start submitting your -- any questions you got now. You can do this through the same platform that you're watching the webcast on. Instructions for submitting written questions online are shown on the screen now, and instructions for submitting verbal questions online will be shown shortly.

We'll try to take questions on a broad range of topics. So questions are not taken in the order they are received. Questions submitted online may be grouped