Ann: Appointment of Managing Director, page-2

Fingers crossed he's worth this kind of renumeraion.

Summary of material terms of Managing Director Remuneration
Commencement Date 1 May 2022
Initial Term 48 months
Remuneration Salary of $325,000 (before superannuation) and a
discretionary performance bonus of up to $25,000 per
annum based on the achievement of relevant key
performance indicators to be determined by the Company.
Sign on Options The Executive will receive a sign on benefit of 2 Million
unlisted options under the terms and conditions of the
Company Employee Share Option Plan for a nil issue price
and an exercise price of 145% of the 5-day VWAP prior to the
date of signing the Executive Service Agreement. The options
will vest immediately on issue, expire 48 months after the
commencement date and will be subject to shareholder
approval at the Company’s next annual general meeting.
Termination The Company and the Executive may terminate wit