65 ANNUAL REPORT 2025 The following table provides STI outcomes by executive for FY25: Name Position STI Achieved % STI Awarded1 $ Maximum potential award $ WC Bramwell Managing Director 80 690,086 804,597 SH Heng Chief Financial Officer 80 186,483 271,200 AR Rankine Chief Operating Officer 80 106,782 133,477 JH Mesiha2 Acting Chief Operating Officer (Former) 80 47,064 65,732 Total 1,030,415 1,275,006 1 Performance is measured based on a combination of the operational segment performance as well as overall Group performance. The FY25 STI awards were paid in August 2025. 2 STI included relates to the portion attributable to the period while acting in the role of Chief Operating Officer. 6.3 LTI outcomes The Managing Director WC Bramwell was granted 500,483 performance rights in November 2024. CFO and COO were granted a total 305,799 performance rights in November 2024. Please refer to Section 10 for further details regarding these grants. Note performance rights granted during FY24 (Tranche 7) and FY25 (Tranche 8) are due for performance testing on 30 June 2026 and 30 June 2027 respectively. The performance conditions of FY2023 LTI awards (Tranche 6) are summarised in the table below. KPI Weighting Achieved Weighted Outcome Commentary for FY25 Relative Total Shareholder Return (RTSR) 30% 19% The performance condition was partially met with the Company placed in the 57th percentile against the comparator group of companies for the FY2023 LTI Performance Rights. Absolute Total Shareholder Return (ATSR) 30% 30% The performance condition was met with the Company’s 30 day VWAP at 31 March 2025 outperforming 109% against the 30 day VWAP at 30 June 2022. The minimum condition is set at above 15%. Absolute Earnings Per Share (AEPS) 30% 30% The performance condition was met with the Company’s AEPS at 31 March 2025 (annualised) outperforming 152% against the AEPS at 30 June 2022. Ore Reserve Growth 10% 5% The Ore Reserves (10% weighting) performance condition was partially met with the Company’s ore reserve increasing 5% between 30 June 2023 to 30 June 2024. Total 100% 84% 64% 100% 100% 50% 84%
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