AUB Group Limited Annual Report 2023

DIRECTORS’ REPORT YEAR ENDED 30 JUNE 2023

SECTION 6 STATUTORY REMUNERATION TABLES AND DATA (CONTINUED)

Table 13: Number of PSRs granted as part of remuneration

Exercise price per PSR (see Note 21) $

Fair value per PSR at grant date (see Note 21)

First exercise date

Last exercise date

30 June 2023 (Grant year FY23) Directors M. P. C. Emmett PSRs

Expiry date

Granted no.

Grant date

52,576

29-Mar-23

20.04

0.00 31-Aug-29 31-Aug-25 31-Aug-29

PSRs (DSTI)

16,009

2-Sep-22

19.02

0.00 31-Aug-24 31-Aug-23 31-Aug-24

Executives M. J. Shanahan PSRs

28,917

29-Mar-23

20.04

0.00 31-Aug-29 31-Aug-25 31-Aug-29

PSRs (DSTI)

8,218

2-Sep-22

19.02

0.00 31-Aug-24 31-Aug-23 31-Aug-24

Total

105,720

The fair value above is the weighted average price of the EPS and TSR PSRs at the date the PSRs were granted. All PSRs were issued with an exercise price of $NIL and the expiry date of the PSRs is four years after the vesting date. Mr Emmett’s grant of 52,576 PSRs under the Long Term Incentive Plan was approved by shareholders at the EGM on 28 March 2023, and this approval was for all purposes, including Listing Rule 10.14. Deferred Short term Incentive (DSTI) 30% of the FY22 STI was deferred in the form of an equity award based on the 60 day VWAP for 30 June 2022. Half of the PSRs will vest on 31 August 2023 with the remaining PSRs vesting on 31 August 2024. No additional performance conditions apply to the vesting of these PSRs other than continued employment to the date the PSRs vest.

AUB GROUP ANNUAL REPORT 2023

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