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FAR AGM, page-3

  1. pdm
    450 Posts.
    lightbulb Created with Sketch. 99

    may be an announcement about pay cut at the top?
    see table below there is plenty of fat to trim...they should all be on 100k a year until production
    6.1.2 Actual pay

    The table below provides a summary of actual remuneration paid to the Executives in the 2019 year. The accounting values of the Executives’ remuneration reported in accordance with the Accounting Standards may not always reflect what the Executives have actually received, particularly due to the valuation of theshare-based payments. The table below seeks to clarify this bysetting out the actual remuneration that the Executives have been paid in the financial year. All KMP were remunerated in

    For the year ended:31 December 2019

    lines:
    1 -C M Norman
    2 -T R Woodall
    (i)3 -P J Nicholls
    4 -P A Thiessen
    5 -M H J Cowie

    Australian Dollars. Remuneration has been presented in US dollars and all components have been translated from AUD to US dollars using an average exchange rate.

    Executive remuneration details prepared in accordance with statutory requirements and the Accounting Standards are presented in 6.1 Remuneration table.

    Salary and fees US$

    STI(ii)US$

    TerminationUS$

    SuperannuationUS$

    Total US$

    1

    491,962

    -

    -

    14,445

    506,407

    2

    140,038

    -

    -

    4,870

    144,908

    3

    326,356

    -

    -

    -

    326,356

    4

    238,710

    -

    -

    14,445

    253,155

    5

    277,522

    -

    -

    14,445

    291,967

    6

    1,474,588

    -

    -

    48,205

    1,522,793

 
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