AUB Group Limited Annual Report 2023

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2023

25 RELATED PARTY DISCLOSURES

a) Details of Key Management Personnel (KMP) The directors of the company in office throughout the year and until the date of signing this report are: D. C. Clarke Chairman (non-executive) R. D. Deutsch Director (non-executive) (appointed 3 November 2022) P. G. Harmer Director (non-executive) A. J. Kendrick Director (non-executive) (appointed 27 January 2023) P. A. Lahiff Director (non-executive) R. J. Low Director (non-executive) C. L. Rogers Director (non-executive)

The following persons were the executives with the greatest authority for the planning, directing and controlling the activities of the consolidated entity during the financial year: M.P.C. Emmett Director and Chief Executive Officer M. J. Shanahan Chief Financial Officer

b) There are no loans outstanding owing by KMP at 30 June 2023 (2022: NIL).

c) Compensation of KMP’s by Category

2023 $

2022 $

Salary, fees and short-term incentives

4,158,471

3,753,969

Post employment benefits Other long-term benefits Termination benefits Share-based Payments

119,639

112,112

– –

– –

2,058,537

1,718,365

Total

6,336,647 5,584,446

d) STI amounts included above relate to the accrued provision in respect of the current year’s performance that will be paid during the following financial year. The 2023 amounts have been approved by the Remuneration Committee. e) The following related party transactions occurred during the year: i) Transactions with related parties in parent, controlled entities and associates 1. Entities within the Consolidated Group charge associates management fees for expenses incurred and services rendered. Refer to Note 4. 2. Entities within the Consolidated Group provide funds to other related entities within the Group. These funds are interest bearing, excluding small working capital advances, and are repayable on demand. See Note 11 for amounts receivable from related parties and Note 15 for payables to related parties.

These transactions are at normal commercial terms and conditions.

2023 $

2022 $

Entities within the Consolidated Group have advanced funds to other related parties Associates

5,912,764 9,147,665 1,864,908

11,682,895 1,817,877 1,472,274

Related persons/Companies – Shareholder Loan

Loans to association members

AUB GROUP ANNUAL REPORT 2023

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