Ann: Variation to Executive Director Contract, page-2

“Further to the announcement on 14 March 2018, Flinders Mines Limited (ASX: FMS) (Flinders or Company) is pleased to announce the extension to Mr David McAdam’s term as Executive Director from 30 September 2018 to 1 March 2019, with a rolling further three month extension at the sole discretion of the Board. Further, the previous 1 week notice period that applied to Mr McAdam’s appointment has been extended to align with the end of the respective term.
Mr McAdam will receive $10,000.00 per week plus GST for up to four days per week. All other terms of Mr McAdam’s appointment remain the same as previously announced.”