KAR 0.00% $1.71 karoon energy ltd

Strap in. Lift off., page-86

  1. 109 Posts.
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    Come on Stevo we a couple of lines in a couple of slide shows & bubble in the flow chart.

    See below the details on STI & LTIS

    Short Term
    Incentive (“STI”)
    STI PARTLY
    AWARDED
    60% of the Corporate Scorecard component of the STI was achieved. Individual
    STI outcomes for KMPs were as follows: 60% CEO/MD and 58% and 65%
    respectively for the other KMP.
    In respect of executives, the STI is to be paid 50% in cash and 50% in the form of
    a grant of performance rights with such rights to be (a) issued after the release
    of the Company’s FY2023 full year financial results and (b) subject to a retention
    period. Details of performance rights are set out on page 52.
    Long term Incentive
    (“LTI”)
    LTI AWARDED 100% of the 2021 LTI was awarded in respect of the three‑year performance period
    from 1 July 2020 to 30 June 2023. In respect of the performance period, Karoon
    was at the 80th percentile, achieving a TSR of 49.1% when compared against the
    relevant industry peer group
 
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