Westgold Resources Limited Annual Report 2021

95 Westgold Resources Limited Annual Report 2021 34. KEY MANAGEMENT PERSONNEL (CONTINUED) (b) Compensation of Key Management Personnel 2021 2020 Short term benefits 2,470,589 3,979,630 Other fees 135,820 – Post-employment benefits 129,445 231,832 Other long-term benefits 41,250 76,241 Share-based payment 441,116 93,648 3,218,220 4,381,351 (c) Loans to Key Management Personnel There were no loans to key management personnel during the current or previous financial year. (d) Interest held by Key Management Personnel under the Long-Term Incentive Plan Share options held by key management personnel under the long-term incentive plan to purchase ordinary shares: Grant date Expiry date Exercise price $ 2021 2020 22/11/2017 24/11/2020 2.31 – 3,625,000 28/11/2018 30/06/2021 0.00 – 230,307 10/05/2019 30/06/2023 0.00 56,530 568,250 07/05/2020 30/06/2022 0.00 275,003 684,141 24/11/2020 30/06/2023 0.00 639,121 – Total 970,654 5,107,698 35. RELATED PARTY DISCLOSURES (a) Subsidiaries The consolidated financial statements of the Group include Westgold Resources Limited and the subsidiaries listed in the following table: Name Country of incorporation Ownership interest 2021 2020 Aragon Resources Pty Ltd Australia 100% 100% Big Bell Gold Operations Pty Ltd Australia 100% 100% Minterra Pty Ltd Australia 100% 100% Location 53 Pty Ltd 1 Australia 0% 100% 1. Entity disposed on sale.