INDEPENDENCE GROUP NL ANNUAL REPORT 2017

Directors' report 30 June 2017 (continued) Remuneration report (continued) Remuneration expenses for KMP's (continued) The following tables show details of the remuneration received by the Group's KMP for the current and previous financial year. Short-term employee benefits Post- employment benefits Long- term benefits Share-based payments Name Cash salary and fees 1 Cash bonus 2 Super- annuation Long service leave 3 Share rights 4 Total $ $ $ $ $ $ Non-executive Directors Debra Bakker 5 2017 59,776 - 5,679 - - 65,455 Peter Bilbe 2017 219,178 - 20,822 - - 240,000 Peter Bilbe 2016 219,178 - 20,822 - - 240,000 Peter Buck 2017 123,288 - 11,712 - - 135,000 Peter Buck 2016 123,288 - 11,712 - - 135,000 Geoffrey Clifford 2017 123,288 - 11,712 - - 135,000 Geoffrey Clifford 2016 123,288 - 11,712 - - 135,000 Keith Spence 2017 123,288 - 11,712 - - 135,000 Keith Spence 2016 123,288 - 11,712 - - 135,000 Neil Warburton 6 2017 109,589 - 10,411 - - 120,000 Neil Warburton 2016 79,286 - 7,532 - - 86,818 Mark Bennett 7 2016 70,154 - 6,655 - - 76,809 Executive Directors Peter Bradford 2017 788,668 280,000 35,000 18,395 378,464 1,500,527 Peter Bradford 2016 717,681 270,000 35,000 11,028 279,523 1,313,232 Other key management personnel Keith Ashby 2017 308,520 54,795 34,180 4,838 18,105 420,438 Keith Ashby 9 2016 317,920 - 28,975 2,555 4,828 354,278 Rob Dennis 8 2017 499,253 109,589 35,000 11,060 69,966 724,868 Rob Dennis 2016 157,269 - 14,540 1,748 12,277 185,834 Matt Dusci 2017 400,344 109,589 30,000 7,633 101,134 648,700 Matt Dusci 2016 370,584 82,192 30,000 3,951 65,773 552,500 Joanne McDonald 9 2017 262,617 34,247 27,546 2,625 12,370 339,405 Joanne McDonald 2016 174,784 - 16,254 709 2,640 194,387 Sam Retallack 2017 306,173 54,795 34,180 9,161 28,573 432,882 Sam Retallack 2016 331,045 31,963 30,000 12,173 15,325 420,506 Scott Steinkrug 2017 402,699 109,589 35,000 16,484 101,134 664,906 Scott Steinkrug 2016 369,564 82,192 33,835 11,132 121,899 618,622 Brett Hartmann 10 2016 246,379 82,192 27,808 7,093 86,016 449,488 Tony Walsh 11 2016 121,487 68,493 16,407 (5,198) (113,303) 87,886 Independence Group NL 26 IGO ANNUAL REPORT 2017— 57 DIRECTORS’ REPORT 30 JUNE 2017 (continued)