Directors’ Report continued ANNUAL Report June 2022 Directors’ Report 11 Meetings of Directors During the financial year, six (6) Board Meetings and two (2) Audit Committee Meetings were held. Director Meetings Eligible to Attend Meetings Attended O. Kleinhempel 8 8 S. Layton 8 8 R.D. Morrow 8 8 Z.P. Yeo 8 8 The following table sets out the number of meetings of committees of Directors held during the financial year and the number of meetings attended by each Director (while they were a committee member): Remuneration & Nomination Committee Audit Committee Risk Committee Director Meetings Eligible to Attend Meetings Attended Meetings Eligible to Attend Meetings Attended Meetings Eligible to Attend Meetings Attended O. Kleinhempel 1 1 2 2 1 1 S. Layton 1 1 2 2 1 1 R.D. Morrow 1 1 2 2 1 1 Z.P. Yeo 1 1 2 2 1 1 Share Options and Performance Rights No Share Options nor Performance Rights were granted during the reporting period to Key Management Personnel of the Group. There are 89,000,000 unissued ordinary shares of EQ Resources under vested options at the date of this report, 21,000,000 of which relate to options issued to Key Management Personnel. During or since the end of the financial year no options were exercised. Refer to Remuneration Report for further details. Remuneration Report - Audited This report for the year ended 30 June 2022 outlines the remuneration arrangements for the Group in accordance with the requirements of the Corporations Act 2001 (the Act) and its regulations. This information has been audited in accordance with section 308(3C) of the Act. The Remuneration Report details the remuneration arrangements of key management personnel (KMP) who are defined as those persons having the authority and responsibility for planning, directing and controlling the major activities of the Group, directly or indirectly, including any Director (whether executive or otherwise) of the parent company. For the purposes of this report, the term ‘Executive’ includes the executive directors, senior executives and general managers of the Group, whilst the term ‘NED’ refers to Non-Executive Directors only. The Remuneration Report is set out under the following main headings: (a) Policy Used to Determine the Nature and Amount of Remuneration; (b) Key Management Personnel; (c) Details of Remuneration; (d) Cash Bonuses; 42 EQ Resources Limited Annual Report 2022
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