Resolution 7, is an increase from $300,000 to $750,000.
This is the aggregate that is paid to all non-executive directors. From my reading the increase is more in line with getting more people on the board rather than huge pay rises; albeit pay rises would be on the agenda.
Mick Muir was paid $63,220 (inc super excluding options).
Ian Kowalick was paid $45,780 (inc super excluding
options).
I think the issue of options is more relevant than salaries.
It is all in the reports we just received.
I hope all read and look at what we are voting for as it is important; I am happy to sit this one on the sidelines.
remuneration report, page-18
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