AUB Group Limited Annual Report 2023

DIRECTORS’ REPORT YEAR ENDED 30 JUNE 2023

SECTION 6 STATUTORY REMUNERATION TABLES AND DATA (CONTINUED)

Statutory remuneration represents the accounting expense of remuneration in the financial year. It includes salary remuneration, annual and long service leave payments, the amortisation expense of deferred performance share rights previously granted and an accrual for STIs. 30% of the FY23 STI will be settled by the grant of further performance share rights of which 50% will vest on 31 August 2024 and the balance will vest on 31 August 2025. There are no performance hurdles required for vesting of the deferred short term incentives settled as performance share rights other than continuing employment. Table 12: Cash and vesting basis - period ending 30 June 2023 The table below outlines remuneration received individually during the year including the prior year STI paid in cash, including the deferred component, in the reporting year plus the benefit received from vesting of shares granted under the Employee Long Term Incentive Scheme.

Share- based payment PSRs/ SARS**

Equity settled Short term incentive

Post em ployment Superannu ation

Cash short term incentive*

Non monetary benefits

Total performance related

Salary & fees

Total remu neration

Year

30 June 2023

$

$

$

$

$

$

$

%

Non Executive Directors D. C. Clarke (Chair) 2023

217,195

–

–

– 22,805

– 240,000

0%

2022 218,182

–

–

–

21,818

–

240,000

0%

R. J. Carless

2023

–

–

–

–

–

–

–

–

2022 18,182

–

–

–

1,818

–

20,000

0%

P. G. Harmer

2023

167,653

–

–

–

17,604

–

185,257

0%

2022

102,937

–

–

–

10,294

–

113,231

0%

P. A. Lahiff

2023

122,172

–

–

– 12,828

– 135,000

0%

2022

122,727

–

–

–

12,273

–

135,000

0%

R. J. Low

2023 145,000

–

–

–

–

– 145,000

0%

2022 145,000

–

–

–

–

–

145,000

0%

C. L. Rogers

2023 108,598

–

–

– 11,402

– 120,000

0%

2022 109,091

–

–

–

10,909

–

120,000

0%

R.D. Deutsch

2023

79,091

–

–

–

–

–

79,091

0%

2022

–

–

–

–

–

–

–

–

A.J. Kendrick

2023 153,916

–

–

–

–

– 153,916

0%

2022

–

–

–

–

–

–

–

–

Executive Directors M. P. C. Emmett

971,762 710,500 304,500 2,922

3,713,239

73.01%

2023

27,500

1,696,055

973,410 884,375

2022

– 2,922

27,500

–

1,888,207

46.84%

Executives M. J. Shanahan

478,098 364,723

156,310 46,585

27,500

1,392,644

60.35%

2023

319,428

36.73%

2022 454,425

457,517

–

71,060 49,507

27,500

235,052

1,245,554 6,164,147

Total Remuneration 2023 2,443,485 1,075,223

460,810

119,639 2,015,483

Total Remuneration 2022 2,143,954 1,341,892

–

73,982

112,112

235,052

3,906,992

* STI amounts paid during each financial year for performance during the prior financial year based on agreed KPIs. 30% of FY22 STI amounts were settled by grant of performance share rights of which 50% vest on 31 August 2023 and the balance on 31 August 2024. There are no performance hurdles required for vesting of the deferred short term incentives settled as performance share rights other than continuing employment. ** The actual remuneration relating to share based payments is based on the market value on the date the PSRs were exercised multiplied by the actual number of PSRs vested during the year.

AUB GROUP ANNUAL REPORT 2023

48