Remuneration of Key Management Personnel Short Term Benefits Salary & Fees $ Bonus* $ Post - Employment Benefits Superannuation $ Long Term Benefits $ Share Based Payments (Options)# $ Total $ Percentage (%) Fixed Rem. Variable Rem. G Cumming1 2023 75,000 - 7,875 - 51,304 134,179 62% 38% Chairman 2022 75,000 - 7,500 - 55,446 137,946 60% 40% P Powell 2023 50,000 - 5,250 - 51,304 106,554 52% 48% Non-Exec Director 2022 50,000 - 5,000 - 55,446 110,446 50% 50% M Johnston 2023 50,000 - 5,250 - 51,304 106,554 52% 48% Non-Exec Director 2022 50,000 - 5,000 - 55,446 110,446 50% 50% A Cripps 2023 25,000 - 2,625 - 51,304 78,929 35% 65% Non-Exec Director 2022 50,000 - 5,000 - 55,446 110,446 50% 50% L Hinch 2023 396,072 60,000 25,29214,888 61,859558,11178%22% CEO 2022 376,432 70,790 23,568 14,532 - 485,322 85% 15% Mark Edwards2 2023 168,280 - 17,669 385 17,035 203,369 92% 8% CFO and Co Sec 2022 - - - - - - - - G Rice3 2023 270,590 21,176 25,292 1,766 41,835 360,659 83% 17% CSO 2022 196,154 - 18,541 420 37,738 252,853 85% 15% T Di Pietro4 2023 159,380 - 9,499 - - 168,879 100% - CFO and Co Sec 2022 256,432 27,857 23,568 5,286 11,100 324,243 88% 12% P French5 2023 - - - - - - - - CSO 2022 38,059 - 3,302 - 33,638 74,999 55% 45% C Stubbings6 2023 - - - - - - - - COO 2022 62,579 - 3,928 - - 66,507 100% - Total 2023 1,194,322 81,176 98,752 17,039 325,945 1,717,234 76% 24% Total 2022 1,154,656 98,647 95,407 20,238 304,260 1,673,208 76% 24% 1 G Cumming appointed 28 July 2020 2 M Edwards appointed 2 November 2022 3 G Rice appointed 20 September 2021 4 T Di Pietro appointed 28 July 2020 and resigned 11 November 2022 5 P French appointed 17 August 2020, resigned 17 August 2021, transitioned to the role of Strategic Technology Advisor under a consultancy agreement 6 C Stubbings appointed 28 July 2020, resigned 31 August 2021 # The amounts reported represent non-cash expense required to be calculated under accounting standard AASB 2 – Share-based Payments * Bonuses are Board determined for the achievement of agreed key performance indicators. The KPI’s achieved include a range of operational initiatives, product development milestones and research collaborations Group Performance The table below shows the performance of the Group as measured by the Group’s closing share price and EPS over the last five years. 12 months ended 30 June 2019* 12 months ended 30 June 2020 12 months ended 30 June 2021# 12 months ended 30 June 2022# 12 months ended 30 June 2023# Closing share price $0.020 $0.027 $1.88 $0.39 $0.85 Loss after tax ($) (1,717,273) (3,253,553) (11,150,880) (18,195,977) (8,969,241) EPS ($ per share) (0.001) (0.0022) (0.1443) (0.2003) (0.0975) # Data included for these financial years are impacted by a consolidation of securities in December 2020 on the basis of 1 security for every 30 securities held. * The loss per share calculations for the 30 June 2019 year was adjusted by a factor of 1.019 to reflect the bonus element of the capital raising completed subsequent to year end. 31 Annual Report 2023
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