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## Notes to the Financial Statements (continued) 

## 33. Related Party Transactions (continued) 

<img src='content_image/32991.jpg'>

## (e) Directors’ Shareholdings 

<img src='content_image/32992.jpg'>

Share options were issued by other entities within the group. For details of share options refer to Note 26. 

## (f) Ultimate Controlling Entity 

The ultimate controlling entity of the consolidated entity is Harvey Norman Holdings Limited, a company incorporated in Australia. 

