CONTENTS FINANCIAL STATEMENTS YEAR IN REVIEW DIRECTORS’ REPORT CORPORATE DIRECTORY SHAREHOLDER INFORMATION Overview of company performance The table below sets out summary of information about the movements in shareholder wealth for the following financial periods: 2023 2022 2021 2020 2019 Profit/(loss) before tax ($’000) (8,610) 24,991 29,096 (8,370) (10,250) Net profit/(loss) after tax ($’000) (8,610) 26,079 28,008 (8,370) (10,250) Dividend (cents) - – – – – Basic earnings/(loss) per share (cents) (2.39) 7.53 8.19 (2.81) (4.18) Diluted earnings/(loss) per share (cents) (2.39) 7.44 7.82 (2.81) (4.18) Share price at year end (cents) 47.5 48.0 35.5 12.5 36.0 Senior executive employment agreements Remuneration and other terms of employment for the following KMP are formalised in employment agreements. All contracts with Senior Executives may be terminated early by either party with notice, per individual agreement, and subject to the termination payments as detailed below: Name Position Commencement date Total Fixed Remuneration Termination benefit B Griffin1 Executive Chair 10 June 2020 $500,000 1 months’ notice M Di Silvio CFO & Company Secretary 15 February 2016 $388,500 4 months’ notice Note 1: Mr Griffin’s Total Fixed Remuneration was amended from $300,000 per annum to $500,000 per annum effective 1 April 2023. Remuneration of Key Management Personnel The relative proportions of those elements of remuneration of key management personnel that are linked to performance: Fixed remuneration Remuneration linked to performance 2023 2022 2023 2022 Non-Executive Directors J Richards 100% 100% - – I Macliver 100% 100% - – G Cowe 100% 67% - 33% V Kickett 44% 100% 56% – Senior Executives B Griffin 52% 51% 48% 49% M Di Silvio 51% 55% 49% 45% 27 Sheffield Resources Limited Annual Report 2023
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