Westgold Resources Limited Annual Report 2020

36 Westgold Resources Limited Annual Report 2020 Financial Report Remuneration Report (Audited) CONTENTS 1. Remuneration report overview 2. Remuneration and Nomination Committee responsibilities 3. Remuneration governance 4. Non-Executive Director remuneration 5. Executive remuneration 6. Performance and executive remuneration outcomes 7. Executive employment arrangements 8. Additional statutory disclosure 1. REMUNERATION REPORT OVERVIEW The Directors of Westgold Resources Limited present the Remuneration Report (the Report) for the Group for the year ended 30 June 2020 (FY2020). This Report forms part of the Directors Report and has been audited in accordance with section 300A of the Corporations Act 2001 and its regulations. The Report details the remuneration arrangements for Key Management Personnel (KMP) being the: – Non-Executive Directors (NEDs); and – Executive Chairman, executive directors and senior executives (collectively “the executives”). KMP are those who directly, or indirectly, have authority and responsibility for planning, directing and controlling the major activities of the Group. Details of KMP of the Group are set out below: Name Position Appointed Resigned (i) Non-Executive Directors PJ Newton Non-Executive Chairman 6 October 2016 25 November 2019 PB Schwann Independent Non-Executive Director 2 February 2017 – FJ Van Maanen Independent Non-Executive Director 6 October 2016 – WC Bramwell Independent Non-Executive Director 3 February 2020 – SV Shet Non-Executive Director 18 December 2017 26 February 2020 (ii) Executive Directors PG Cook Executive Chairman 19 March 2007 – JS Norregaard Executive Director 29 December 2016 22 June 2020 (iii) Senior Executives DA Fullarton Chief Financial Officer 1 21 May 2018 – JS Norregaard Chief Executive Officer (MPL) 22 June 2020 14 August 2020 A Buckingham Chief Operating Officer 1 October 2019 – PM Storey General Manager (MGO) 23 July 2018 – PW Wilding General Manager (CGO) 1 July 2018 – DP Stuart General Manager (FGO) 7 October 2019 14 August 2020 L Smith Company Secretary & General Counsel 19 December 2019 – RB Armstrong General Manager (FGO) 1 July 2018 31 August 2019 DJ Noort General Manager (MPL) 20 August 2018 3 January 2020 DW Okeby Company Secretary & Legal Manager 1 December 2016 19 December 2019 1. DA Fullarton was promoted to Chief Executive Officer with effect from 1 July 2020.