The document discusses five mass extinction events that have occurred over the past 500 million years, where 76-96% of species went extinct. The most recent extinction event 65 million years ago wiped out the dinosaurs. Scientists believe a sixth mass extinction is currently underway, caused by climate change and human impacts. Over 27,000 species are estimated to become extinct each year. The document then outlines conservation categories used by the IUCN and in Australia to classify threatened species, including extinct, critically endangered, endangered, vulnerable, near threatened and data deficient. Examples are provided for some categories.