@GARETH78The Executive Remuneration Framework was adopted in...

@GARETH78
The Executive Remuneration Framework was adopted in 2021, and the board sort to ensure that the framework is best fit for purpose and aligns with shareholder value creation.

FFX will be on their own starting at 11.00am AEST today, over to you now Mike ......

Share Price at his commencement date: $0.22c

The company paid him a Short Term Incentive (STI) cash bonus of $50,000 last financial year for the period of employment 4th April - 30th June.
He can earn a STI cash bonus of 30% ($165,000) - 50% ($275,000) of his Total Fixed Remuneration of $550,000 (TFR) annually.
The STI's for 1st July 2021 - 30th June 2022 are indicated in the year ending 2021 Annual Report but I cannot find what the STI KPI's were based on for the previous year.

I had corresponded with the company via emails over this based on STI's are tested annually 1st July - 30th June, but he was paid his full STI (pro rata basis) for the minimal time worked.

Spending last quarter was more than $43m? the cash flow from operating activities included $30.3m in receipts.

cheers