NAOS Ex-50 Opportunities Company Limited (NAC), formerly known as Naos Absolute Opportunities Company Ltd, is a listed investment company on the Australian Securities Exchange (ASX: NAC). The company focuses on protecting investor capital while delivering a sustainable and growing stream of dividends, fully franked to the maximum extent possible. Additionally, NAC aims to achieve long-term investment performance that exceeds the S&P/ASX 300 Industrials Accumulation Index (XKIAI), targeting opportunities outside the top 50 ASX-listed companies.