AUB Group Limited Annual Report 2023

DIRECTORS’ REPORT YEAR ENDED 30 JUNE 2023

SECTION 3 REMUNERATION OUTCOMES AND ALIGNMENT TO PERFORMANCE

Alignment between remuneration and group performance Numerous elements of AUB Group’s remuneration strategy and framework are directly linked to group performance. The table below sets out information about movements in shareholder wealth for the financial years ended 30 June 2019 to 30 June 2023 highlighting alignment between AUB Group’s remuneration strategy and framework and group performance over the past 5 years.

Table 2: Summary of movement in shareholder wealth

2023

2022

2021

2020

2019

Underlying NPAT ($m)

129.11

74.02

65.30

53.15

46.71

Underlying EPS (cents)

129.32

96.70

86.12

70.61

65.74

TSR (%)

69.40

(18.58)

60.99

5.20

(10.50)

Share price ($)

29.40

17.68

22.39

14.70

10.44

Change in share price ($)

11.72

(4.71)

7.69

4.26

(3.14)

Dividends paid and proposed (cents)

64.0

55.0

55.0

50.0

46.0

Executive remuneration is directly aligned with group performance through STI measures of profitability, and LTI measures of EPS growth, capital efficiency, and TSR performance relative to constituents of the S&P/ASX Small Ordinaries Industrials Index.

AUB Group Limited (AUB) v S&P/ASX Small Ordinaries Industrials Index (AXSID) AUB Group Limited TSR compared to S&P/ASX Small Ordinaries Industrials Index

250

260.28

200

174.59

150

107.09

100

50

Total Shareholder Return (Indexed to 100)

0

Jun-20

Dec-20

Jun-21

Dec-21

Jun-22

Dec-22

Jun-23

AUB Group Ltd

Peer Comparator Group 50th Percentile

Peer Comparator Group 75th Percentile

Further details about AUB Group’s performance over this period can be found in the Operating and Financial Review section contained in this Directors’ Report.

AUB GROUP ANNUAL REPORT 2023

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