Board Renumeration

As per announcement dated 2nd February 2015:

New remuneration packages before bonuses and incentive payments of which IMO there will be plenty forthcoming



Mr Alex Tsoi
Mr Tsoi has signed an executive service agreement with the Company for the provision of his
services as Joint Executive Chairman. Mr Tsoi will receive total fixed remuneration (TFR) (including
superannuation) of $181,500 per annum. In addition Mr Tsoi may be entitled to receive additional
short term incentive payments of up to 50% of his TFR.
Mr Tsoi’s TFR will be reviewed by the Board in May of each year, and the Executive may be entitled​

to receive further performance based bonuses at the discretion of the Board.

Mr Martin Cai
Mr Cai has signed an executive service agreement with the Company for the provision of his
services as Finance Director and Chief Financial Officer. Mr Cai will receive total fixed remuneration
(TFR) (including superannuation) of $345,000 per annum. In addition Mr Cai may be entitled to
receive additional short term incentive payments of up to 50% of his TFR.
Mr Cai’s TFR will be reviewed by the Board in May of each year, and the Executive may be entitled​

to receive further performance based bonuses at the discretion of the Board.

Mr Ralph De Lacey
Mr De Lacey has signed an executive service agreement with the Company for the provision of
his services as Joint Executive Chairman. Mr De Lacey will receive total fixed remuneration (TFR)​

(including superannuation) of $181,500 per annum

In addition Mr De Lacey may be entitled to receive additional short term incentive payments of​

up to 50% of his TFR

Mr John Banning
Mr Banning’s TFR has been increased to $368,000 (inclusive of superannuation). All other details
in relation to his executive services agreement remain unchanged.
Pursuant to his agreement Mr Banning may be entitled to receive additional short term
incentive payments of up to 50% of his TFR.

DYOR and look after your money and interests as it is clear IMO that many others surely are...​