ClearView Annual report 2024

Directors’ Report

5.3.3 Performance Rights and Restricted Rights

Changes in each Executive’s holding of STVR and LTVR are set out in the table below:

Rights exercised / forfeited

Rights on issue at 1 July

Rights on issue at 30 June

Rights vested during the year (No.)

Rights vested and exercisable at 30 Jun 2024 (No.)

Rights granted

2023 (No.)

2024 (No.)

Name

No.

Value 1

No.

Value

Executives N Gooderick STVR 92,501

93,545 45,248

— — 186,046

— 28,745

LTVR 596,668 1,083,332 364,356

— — 1,680,000 62,481

62,481

J Beaumont STVR 141,400 95,132 46,015

— — 236,532

— 68,990

LTVR 684,141 238,095 81,762

— — 922,236 149,954 149,954

C Blaxland- Walker

STVR 125,592 94,394 45,658 LTVR 834,095 238,095 81,762 STVR 150,047 102,435 49,548 LTVR 1,042,619 297,619 102,202

— — 219,986

— 59,503

— — 1,072,190 299,908 299,908

A Chiert

— — 252,482

— 74,686

— — 1,340,238 374,885 374,885

J Faglioni N Kulikov

LTVR LTVR

— 238,095 81,762 — 238,095 81,762

— — 238,095 — — 238,095 — — 202,909

— —

H Mourad STVR 121,604 81,305 39,327

— 61,288

LTVR 684,141 238,095 81,762 STVR 30,927 90,236 43,647 LTVR 362,163 238,095 81,762

— — 922,236 149,954 149,954

C Reece

— — 121,163 — — 600,258

— —

Former Executives S Swanson 4

STVR 403,071 260,483 125,995

—

663,554

— 191,890

LTVR 2 3,336,384

—

— (3,336,384) 606,795

— —

—

G Kerr 4

STVR 114,338 112,768 54,546

—

227,106

— 34,337

LTVR 3 1,168,724

—

— (180,000) 99,000 988,724 187,443 187,443

D Lowe 4

STVR 141,607 83,155 40,222

— — — — —

224,762

— 70,915

LTVR 796,607 STVR 58,506 LTVR 415,658 STVR 114,012

— — — —

796,607 262,420 262,420

T Kardash 4

58,506

— 58,506

415,658 299,908 299,908

J McLaughlin 4

114,012

— 54,216

1 The value of the STVR rights granted during the year is the fair value at grant date based on the VWAP share price of $0.4837. The value of the TSR portion of the LTVR rights granted is the fair value at grant date calculated using the Monte Carlo simulation method which was $0.2678 and $0.2282 (in respect of the ‘stretch target’ tranche of N Gooderick’s LTVR). The fair value of the LTVR rights which are subject to the EV conditions at grant date was $0.4190. 2 The value of rights forfeited is based on the value of the rights at grant date. 3 The value of the rights exercised is based on the VWAP share price of $0.55 on the exercise date. 4 Awards relate to the period when they were KMPs..

ClearView Annual Report 2024