49 Westgold Resources Limited Annual Report 2024 The following table provides STI outcomes by executive for FY24: Name Position STI Achieved % STI Awarded1 $ Maximum potential award $ WC Bramwell Managing Director 75 487,500 650,000 SH Heng Chief Financial Officer 62.5 159,000 254,400 PW Wilding Chief Operating Officer 62.5 183,000 292,800 Total 829,500 1,197,200 1. Performance is measured based on a combination of the operational segment performance as well as overall Group performance. The FY24 STI awards were paid in August 2024. 6.3 LTI outcomes The Managing Director WC Bramwell was granted 760,541 performance rights in November 2023. Senior Executives were granted a total 569,118 performance rights in October 2023. Please refer to Section 10 for further details regarding these grants. Note performance rights granted during FY23 (Tranche 6) and FY24 (Tranche 7) are due for performance testing on 30 June 2025 and 30 June 2026 respectively. The performance conditions of FY2022 LTI awards (Tranche 5) are summarised in the table below. Metric Weighting Achieved Commentary Relative Total Shareholder Return (“RTSR”) 25% 100% The performance condition was met with the Company placed in the 75th percentile against the comparator group of companies for the FY2022 LTI Performance Rights Absolute Total Shareholder Return (“ATSR”) 25% – The performance condition was not met with the Company’s 30 day VWAP at 31 March 2024 outperforming 10% against the 30 day VWAP at 30 June 2021. The minimum condition is set at above 15%. Absolute Earnings Per Share (“AEPS”) 25% 100% Performance condition met with the Company’s AEPS at 31 March 2024 outperforming 60% against the EPS at 30 June 2021 Operational Growth (via Ore Reserves) 25% – The Ore Reserves (10% weighting) performance condition was not met with the Company’s ore reserve declining 8% between 30 June 2022 to 30 June 2023. The Production Growth (15% weighting) performance condition was not met with the Company’s cumulative production growth declining 5% over 30 June 2021 to 30 June 2023. Total 100% 50%
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