Sheffield Resources Limited Annual Report 2023

CONTENTS FINANCIAL STATEMENTS YEAR IN REVIEW DIRECTORS’ REPORT CORPORATE DIRECTORY SHAREHOLDER INFORMATION Equity instruments Share options The table below outlines the movement of the options held by each key management personnel: 2023 Opening balance Granted Exercised Lapsed Closing balance Vested & exercisable Unvested Non-Executive Directors J Richards 480,000 - - - 480,000 480,000 - I Macliver 480,000 - - - 480,000 480,000 - G Cowe 480,000 - - - 480,000 480,000 - V Kickett - 480,000 - - 480,000 480,000 - Senior Executives B Griffin1 363,636 223,729 - - 587,365 - 587,365 M Di Silvio 336,364 197,542 - - 533,906 - 533,906 2,140,000 901,271 - - 3,041,271 1,920,000 1,121,271 Note 1: Mr Griffin serves as Executive Chair of Sheffield. Options are being held by Farview Solutions Limited (Farview). Mr Griffin is a director and controlling shareholder of Farview. Performance rights The table below outlines the movement of the rights held by each KMP: Rights to deferred shares Year granted Opening balance Granted Vested Forfeited/Lapsed Closing balance (unvested) Closing balance (vested) Value yet to vest 2023 Number Number Number % Number % Number Number $ Non-Executive Directors J Richards – – – – – – – – – – I Macliver – – – – – – – – – – G Cowe – – – – – – – – – – V Kickett – – – – – – – – – – Senior Executives B Griffin1 2022 1,863,637 139,831 (68,182) 4% (159,091) 9% 1,776,195 68,182 515,693 M Di Silvio 2022 2,345,080 131,695 (506,292) 22% (156,970) 7% 1,813,513 506,292 510,638 4,208,717 271,526 (574,474) (316,061) 3,589,708 574,474 1,026,331 Note 1: Mr Griffin serves as Executive Chair of Sheffield. Performance Rights are being held by Farview Solutions Limited (Farview). Mr Griffin is a director and controlling shareholder of Farview. 29 Sheffield Resources Limited Annual Report 2023

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