As on March 1, 2022, Crown Melbourne Limited (Crown Melbourne) and Burswood Nominees Limited (Crown Perth) have been served with a statement of claim from AUSTRAC, commencing civil penalty proceedings. As of March 29, 2022, Blackstone Inc. has received approval from Foreign Investment Review Board and Foreign court of Australia. Subject to the expected timing of regulatory approvals, the Scheme Meeting is expected to be held in the second quarter of calendar year 2022. As per update on March 31, 2022, scheme meeting of shareholders is scheduled to take place on April 29, 2022 as per the orders of Federal Court of Australia. Transaction is expected to close in third quarter of 2021. Scheme will become effective on May 3, 2022 and implement on May 12, 2022. As of April 26, 2022, Blackstone has not yet received the required regulatory approvals due to which the scheme meeting of shareholders is rescheduled to take place on May 20, 2022.