13 Key Management Personnel Compensation (KMP) Refer to the Remuneration Report contained in the Directors’ Report for details of the remuneration paid or payable to each member of the Company’s key management personnel for the year ended 31 December 2022. The totals of remuneration paid to the KMP of the Company during the year are as follows: 2022 $ 2021 $ Short-term employment benefits 661,541 601,640 Post-employment benefits 28,653 23,888 Share-based payments – – 690,194 625,528 Details of the Directors’ remuneration and interest in Securities of the Company are set out below: Director Remuneration (Annual Package) Shares Options Brian Rodan1 $250,000 20,773,908 4,750,000 Paul Angus2 $50,000 124,762 3,500,000 Keith Murray3 $50,000 318,095 750,000 1. Commencing from1 July 2020a remunerationpackagewas agreed comprisingdirector’s fee of $40,000and salary of $170,000 (excluding superannuation). The director’s fee and annual salary increased to $50,000and $200,000 (excluding superannuation) respectively effective 1 September 2022. Options are on the following terms: (a) 2,000,000Options exercisable at $0.25on or before 15 January 2023; and (b) 2,250,000Options exercisable at $0.375on or before 26 September 2024. Ms BronwynBergin, Mr Rodan’s spouse, also holds 695,238 Shares and500,000Options exercisable at $0.375on or before 26 September 2024. 2. Commencing 1 July 2020, in addition to his director’s fee of $40,000 per annum, Mr Angus provides technical consulting services to the Company pursuant to the Consultancy Agreement summarised in Note 21 at a rate of NZ$220 per hour to a maximum of NZ$1,760 per day. Director’s fee increased to $50,000 effective 1 September 2022. Options are on the following terms: (a) 2,000,000Options exercisable at $0.25 on or before 15 January 2023; and (b) 1,500,000 Options exercisable at $0.375 on or before 26 September 2024. 3. Commencing from 1 July 2020, comprising director’s fee of $35,000 per annum. Director’s fee increased to $50,000 effective 1 September 2022. Mrs SusanMurray, Mr Murray’s spouse, holds 750,000Options exercisable at $0.375 on or before 26 September 2024. Notes to the Consolidated Financial Statements for the year ended 31 December 2022 Siren Gold Limited 66
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