New

flagged actions from monitoring for the quarter ended 31-Dec-22

We completed the monitoring of all of the above aspects for all underlying funds in your portfolios and found the following:

1. Funds managed by Dimensional: Change in management

Glenn Crane, Chairman and CEO of DFA Australia Limited has announced he will step down from his CEO role at the end of 2022. Glenn will be replaced as CEO by Bhanu Singh from the 1st of January 2023. Glenn Crane will continue to serve as an Executive Chairman.

We will be undertaking an analysis of the flag over the coming weeks, and we are aiming to have completed papers summarising our findings within the next three months.

Update on prior flagged actions:

1. Funds managed by Dimensional: Change in key party

Investigation COMPLETE. During the quarter DFA engaged with BNP Paribas as an FX Hedge Counterparty. We remain satisfied that DFA's approach to undertaking due diligence on counter parties is thorough and sufficient.

Damon O'Brien Head of Investments and CIC Chairperson

Date: 24 February 2023