INOVIQ Ltd Limited Annual Report 2023

Directors’ Report NON-AUDIT SERVICES The Company may decide to employ the external auditor on assignments additional to their statutory audit duties, where the auditor’s expertise and experience with the Company and the Group are important. The Audit and Risk Committee has considered the position and is satisfied that the provision of the non-audit services did not compromise the auditor for the following reasons: – All non-audit services are to be reviewed by the Board to ensure they do not impact the impartiality and objectivity of the auditor; and – None of the services undermine the general principles relating to auditor independence. 2023 $ 2022 $ Fees to Grant Thornton: - - AUDITOR’S INDEPENDENCE DECLARATION The lead auditor’s independence declaration for the twelve months ending 30 June 2023 has been received and can be found on page 35. Signed in accordance with a resolution of the directors. Dr Geoff Cumming Non-Executive Chairman 30 August 2023 34 INOVIQ Limited

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