SECTION 8: STATUTORY REMUNERATION DISCLOSURE TABLES The tables below show the fixed and variable remuneration for KMP: Short-term Post- employment Share based payments 2025 Salary & fees $ Bonus $ Nonmonetary2 $ Superannuation $ Options & rights1 $ Total $ Non-Executive Directors J Richards 100,000 – 15,759 11,500 – 127,259 I Macliver 80,000 – 15,759 9,200 – 104,959 G Cowe3 119,999 – 15,759 9,200 – 144,958 V Kickett 80,000 – 15,759 9,200 – 104,959 Senior Executive KMPs B Griffin4 500,000 20,800 15,759 – 281,027 817,586 M Di Silvio 359,500 12,929 15,759 29,000 201,909 619,097 1,239,499 33,729 94,554 68,100 482,936 1,918,818 Note 1: The fair value is determined by a combination of internal and external sources using a Black-Scholes option pricing model and independent third-party valuation which comprised of a hybrid option pricing model incorporating a Monte-Carlo simulation. Please refer to Note 17 in the consolidated financial statements for further details. Note 2: Non-monetary benefits include either cost to the Company in providing fringe benefits and/or attributable non-cash benefit applied by virtue of the Company’s Directors and Officer Liability policy. Note 3: Compensation included $39,999 consulting fees paid to Mr Cowe. Further details disclosed in Other Transactions with KMP and their Related Parties section, which forms part of the Directors’ Report. Note 4: Further details disclosed in Other Transactions with KMP and their Related Parties section, which forms part of the Directors’ Report. Short-term Post- employment Share based payments 2024 Salary & fees $ Bonus $ Nonmonetary2 $ Superannuation $ Options & rights1 $ Total $ Non-Executive Directors J Richards 111,000 – 14,614 – – 125,614 I Macliver 80,000 – 14,614 8,800 – 103,414 G Cowe3 120,000 – 14,614 8,800 – 143,414 V Kickett 80,000 – 14,614 8,800 – 103,414 Senior Executive KMPs B Griffin4 500,000 74,561 14,614 – 382,736 971,911 M Di Silvio 361,000 70,223 14,614 27,500 324,470 797,807 1,252,000 144,784 87,684 53,900 707,206 2,245,574 Note 1: The fair value is determined by a combination of internal and external sources using a Black-Scholes option pricing model and independent third-party valuation which comprised of a hybrid option pricing model incorporating a Monte-Carlo simulation. Please refer to Note 17 in the consolidated financial statements for further details. Note 2: Non-monetary benefits include either cost to the Company in providing fringe benefits and/or attributable non-cash benefit applied by virtue of the Company’s Directors and Officer Liability policy. Note 3: Compensation included $40,000 consulting fees paid to Mr Cowe. Further details disclosed in Other Transactions with KMP and their Related Parties section, which forms part of the Directors’ Report. Note 4: Compensation included consulting fees paid to Mr Griffin. Mr Griffin’s Total Fixed Remuneration (TFR) was amended from $300,000 per annum to $500,000 per annum effective 1 April 2023. There was no change to Mr Griffin’s TFR during the 2024 financial year. Further details disclosed in Other Transactions with KMP and their Related Parties section, which forms part of the Directors’ Report. Remuneration Report (audited) continued 30 Sheffield Resources Limited Annual Report 2025
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