Ann: Summary of Managing Director & CEO employment agreement, page-10

The performance conditions attached to the ST and LT incentives are in the rem report in the annual report.

I guess the service rights seem generous but the Board was saying that they needed this to attract her here so take that at face value after rounds of negotiation. Also, I cant imagine a CEO deliberately tanking the SP for a short term rights issue but which then negatively impacts her other rights including the short term bonus and Long term grants she gets based on total shareholder return metrics.

Blame the former CEO and get all the issues out there and start fresh- classic CEO playbook which is fair enough and hopefully she does this without regard to the her incentives. Hope the renewed focus on compliance and regulatory frameworks ultimately pays dividends in the long run despite short term increase in costs and the long term performance rights should capture this long term thinking.