2021 Annual Report

The following table shows details of the remuneration expense recognised for the Group’s KMP for the current and previous financial year measured in accordance with the requirements of the Accounting Standards. Executive KMP Year Cash salary 1 Cash bonus 2 Super- annuation Long service leave 3 Share rights 4 Total Performance Related $ $ $ $ $ $ % Executive Directors Peter Bradford 2021 871,240 735,000 25,000 34,478 892,073 2,557,791 64 2020 856,309 317,500 25,000 37,619 895,207 2,131,635 57 Other Executive KMP Keith Ashby 5 2021 345,180 - 17,309 (36,099) 90,350 416,740 22 2020 354,117 65,000 25,000 11,302 180,150 635,569 39 Kate Barker 2021 387,543 285,000 25,000 18,313 187,878 903,734 52 2020 328,493 64,500 25,000 9,673 141,763 569,429 36 Matt Dusci 2021 609,826 372,000 25,000 24,905 485,779 1,517,510 57 2020 617,429 186,500 25,000 28,183 413,922 1,271,034 47 Andrew Eddowes 2021 371,486 252,150 25,000 8,898 199,849 857,383 53 2020 351,893 69,500 25,000 11,949 159,658 618,000 37 Joanne McDonald 2021 336,345 135,750 25,000 11,547 183,256 691,898 46 2020 320,401 63,500 25,000 9,280 142,239 560,420 37 Sam Retallack 2021 365,000 140,650 25,000 8,652 194,687 733,989 46 2020 350,609 68,500 25,000 10,399 179,887 634,395 39 Ian Sandl 2021 377,995 94,000 25,000 10,544 203,767 711,306 42 2020 367,261 69,000 25,000 7,061 157,382 625,704 36 Scott Steinkrug 2021 440,977 300,000 25,000 10,907 345,069 1,121,953 57 2020 451,409 85,000 25,000 12,984 344,649 919,042 47 Total Executive Directors and other Executive KMP’s 2021 4,105,592 2,314,550 217,309 92,145 2,782,708 9,512,304 2020 3,997,921 989,000 225,000 138,450 2,614,857 7,965,228 Total NED remuneration (see page 60) 2021 905,020 - 79,328 - - 984,348 2020 864,248 - 80,561 - - 944,809 Total KMP remuneration 2021 5,010,612 2,314,550 296,637 92,145 2,782,708 10,496,652 2020 4,862,169 989,000 305,561 138,450 2,614,857 8,910,037 1. Cash salary and fees includes movements in annual leave provision during the year. 2. Cash bonus represents bonuses that were awarded to each Executive KMP in relation to FY21 performance and will be paid in August 2021 (2020: Related to FY20 and paid in August 2020). 3. Long service leave relates to movements in long service leave provision during the year. 4. Rights to shares granted under the EIP are expensed over the performance period, which includes the vesting period of the rights, in accordance with AASB 2 Share-based Payment . Refer to note 28 for details of the valuation techniques used for the EIP. 5. Mr Ashby resigned effective 27 November 2020. An amount of $58,693 accrued for annual leave was paid out on termination, this amount has been offset against the movement in the provision for FY21. IGO ANNUAL REPORT 2021— 65