Ann: Appendix 3G, page-2

The more I read this, the more distasteful the proposed grant of these options is:
- exercise price at 97c;
- 5 year expiry;
- cashless exercise facility; and
- no performance targets.

These options should have an exercise price of $2+ given the lengthy term, progress since Paul Wotton was granted 2 million options with an exercise price at $1.50 in 2017, and availability of a cashless exercise facility where they don't necessarily have to stump up any of their own money.

Every time the share price starts to rise, they find a way to curtail it with greed or incompetence. It's time to DELIVER to EXPECTATION.

I will be voting no to all option resolutions, except that for Darryl Maher who needs to be incentivised given that he's recently joined, carries a significant reputation and has the potential to change the Company's self-entitled culture.

DYOR, IMO only, GLTAH