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Ann: Annual General Meeting Information, page-15

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cr7

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19/04/24

22:01

Post #: 73433740
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Originally posted by piddington: ↑

Executive bonus payments – remuneration report
I am trying to understand the Remuneration Report and the Executive STI payments shown as performance bonus.For Rod McEachern, COO, it states that the performance related payment is 44% of his salary of $291,587.That would equate to a payment of $128,298 yet it shows a performance bonus of $214,519 (based on CAD would be approx. 80%).For Greg MacPherson, CFO, it states that performance related payment is 42% of his salary of $290,000.That would be equate to a payment of $121,800, yet it shows a performance bonus of $230,338 (which equates to approx. 80%). Do you think there were two payments - one for the transaction completion (40%) and a second payment later in 2023 for ....what???? Anyone know anything about these bonus payments?

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The whole thing is a rort imo, how the hell can they not have found anything in 18 months? What the hell are they doing all day? Can someone please grill these lifestyle directors at the agm and tell them they have lost our confidence and to wind the company up?

DNK Price at posting: 8.8¢ Sentiment: None Disclosure: Held
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