IGO Interactive Annual Report 2018

DIRECTORS’ REPORT—REMUNERATION REPORT 30 JUNE 2018 FY18 LTIP OUTCOMES Name Position Number of share rights issued in FY18 period 1 Number of share rights issued in FY17 period 2 Peter Bradford Managing Director 266,667 3 135,000 Keith Ashby Head of SHEQ and Risk 53,031 17,000 Rob Dennis Chief Transformation Officer 121,213 49,000 Matt Dusci Chief Operating Officer 121,213 41,000 Andrew Eddowes 5 Head of Corporate Development 22,131 - Sam Retallack Head of People and Culture 53,031 17,000 Ian Sandl 5 General Manager Exploration 22,182 - Scott Steinkrug Chief Financial Officer 109,091 41,000 1. Share rights awarded at 20 day VWAP to 25 August 2017 of $3.30. 2. Share rights awarded at 20 day VWAP to 26 August 2016 of $4.15. 3. Approved by shareholders at the 2017 Annual General Meeting. 4. Following Mr. Dennis’ resignation on 30 April 2018, 93,196 share rights issued during FY18 and 19,063 share rights issued during FY17 were subsequently cancelled. 5. Mr. Eddowes and Mr. Sandl were appointed to the Executive Committee effective 1 February 2018. Share rights reflect total number issued for FY18. APPROVED BY SHAREHOLDERS AT THE 2016 ANNUAL GENERAL MEETING The Independence Group NL Employee Incentive Plan (EIP) was approved by shareholders at the Annual General Meeting in November 2016. The number of eligible equity products able to be issued under the EIP is limited to 5% of the issued capital of the Company. The 5% limit includes grants under all plans made in the previous three years (with certain exclusions under the Corporations Act 2001 ). At the end of FY18 this percentage stands at 0.74%. There are no voting or dividend rights attached to the share rights. 54 — IGO ANNUAL REPORT 2018