Ann: Daily share buy-back notice - Appendix 3E, page-2

Just a question regarding this share buyback and the STI's, does this mean that the buyback facility can't be used to help with the NTA?

"Under the STI structure, a pool of funds is established for payment to members of the investment
team (which currently comprises the Chief Investment Officer and Portfolio Manager) and is calculated
by reference to the increase in NTA before tax over the year (Performance Fee). The total value of the
pool for distribution is equal to a 10.0% share of the growth in NTA before tax (adjusted for capital
raisings and share buy-backs), subject to a high water mark. Subject to exceeding the high water mark,
the Performance Fee will be paid annually in arrears."

I perceived that the share buyback was being used to help achieve these STI's. Am I incorrect?

I'm happy to admit if I'm wrong because I don't fully understand the inner workings of a listed company...... but I also don't trust business to line their own pockets by any means.