ANNUAL Report June 2025 Directors’ Report 9 Voting and Comments made at the Group’s 2024 Annual General Meeting The Group received votes against its Remuneration Report for the 2024 financial year; however, it did not receive any specific feedback on its remuneration practices at the 2024 Annual General Meeting or during the year. (b) Key Management Personnel The following persons were Key Management Personnel of the Group during the 2025 financial year: Position Appointment Resignation Directors O. Kleinhempel Non-executive Director Executive Chairman 12 August 2019 1 April 2025 - C.R. Bradshaw Independent Non-executive Director 1 May 2025 - S. Layton Independent Non-executive Director 14 November 2017 - R.D. Morrow Independent Non-executive Director 16 March 2021 30 June 2025 S.R. Weir Non-executive Director 19 January 2024 - Z.P. Yeo Non-executive Director 12 August 2019 - Executives K.B. MacNeill Interim Chief Executive Officer & Senior Technical Advisor Chief Executive Officer Chief Technical Officer 4 May 2020 1 April 2021 1 April 2025 - 1 April 2025 - (c) Details of Remuneration Directors are entitled to remuneration out of the funds of the Company, but the remuneration of the Nonexecutive Directors may not exceed in any year the amount fixed by the Company in general meeting for that purpose. The aggregate remuneration of the non-executive directors has been fixed at a maximum of $400,000 per annum, which will be apportioned among the non-executive directors in the manner they determine. Directors are also entitled to be paid reasonable travel, accommodation, and other expenses incurred due to their attendance at Board Meetings and otherwise in executing their duties as Directors. Details of the nature and amount of each element of the remuneration of each of the Key Management Personnel of the Company and the consolidated entity during the year ended 30 June 2025 are set out in the following tables: EQ Resources Limited Annual Report 2025 65
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