IGO Interactive Annual Report 2018

DIRECTORS’ REPORT—REMUNERATION REPORT 30 JUNE 2018 TOTAL REALISED EARNINGS FOR KMP IN FY18 The following pages provide detail of the actual remuneration earned during FY18 for KMP. Amounts include: • Total fixed remuneration received; • The cash component of the STI earned as a result of business and individual performance for FY18; • Ordinary shares received as a component of the STI service rights that vested during the year; and • Performance Rights that vested during the year. 1. Mr. Dennis resigned from the Company effective 30 April 2018. The Board approved the vesting of his service rights, these were issued on 18 May 2018 at a market price of $4.85. 2. Mr. Eddowes and Mr. Sandl were appointed to the Executive Committee on 1 February 2018. Realised earnings include amounts from that date. KMP AT RISK REMUNERATION IN FY18 The Company believes that at risk components are important elements of remuneration for all employees in the business to drive the achievement of key strategic initiatives and maintain alignment between employees and creation of sustainable shareholder value. The mix of fixed and at risk remuneration varies depending on the role and reward grading of Executives. It also depends on the performance of both the Company and the individual. The following is an overview of the total mix of fixed and at risk remuneration for Executive KMP in FY18: Managing Director and CEO Chief Operating Officer and Chief Financial Officer Other executive KMP TFR – 36% STI – 25% LTI – 39% TFR – 43% LTI – 35% STI – 22% TFR – 54% LTI – 27% STI – 19% CLAWBACK PROVISION In FY17, IGO introduced a clawback provision for any unvested STI and LTI awards in the case of fraud, dishonesty, gross misconduct or a material misstatement of the financial statements and subject to Board discretion. Peter Bradford TFR – $800,000 STI – $182,000 Keith Ashby TFR – $350,000 STI – $39,078 Rob Dennis 1 TFR – $416,667 SR – $99,488 Matt Dusci TFR – $500,000 STI – $79,750 Andrew Eddowes 2 TFR – $152,150 STI – $41,154 Sam Retallack TFR – $350,000 STI – $38,343 Ian Sandl 2 TFR – $152,500 STI – $34,830 Scott Steinkrug TFR – $450,000 STI – $70,425 50 — IGO ANNUAL REPORT 2018