CONTENTS FINANCIAL STATEMENTS YEAR IN REVIEW DIRECTORS’ REPORT CORPORATE DIRECTORY SHAREHOLDER INFORMATION The Directors present their report on Sheffield Resources Limited (Sheffield, parent entity or the Company) and its controlled entities (collectively known as the Group or consolidated entity) for the year ended 30 June 2024. Principal activities The principal activities during the year were mineral sands operations in Australia and mineral sands evaluation in Brazil and Sri Lanka. Directors and Company secretary Please refer to page 14 and 15. Directors’ meetings The number of meetings held and attended by each Director during the year are as follows: Directors’ Meetings Audit & Risk Committee Remuneration & Nomination Committee Held Attended Held Attended Held Attended B Griffin 10 10 – – – – J Richards 10 10 2 2 2 2 I Macliver 10 10 2 2 2 2 G Cowe 10 10 2 2 – – V Kickett 10 10 – – 2 2 Options Total unlisted options on issue at the date of this report are as follows: Date of expiry Grant date Exercise price Number under options 30 November 2025 25 November 2021 $0.65 480,000 30 October 2026 25 November 2021 $0.33 214,200 30 November 2026 22 November 2022 $0.84 480,000 1 December 2027 22 November 2022 $0.59 421,271 1 December 2028 22 November 2024 $0.68 465,515 2,060,986 Performance rights Total unlisted performance rights on issue at the date of this report are as follows: Date of expiry Grant date Exercise price Number under rights 1 December 2025 30 November 2018 Nil 439,018 30 October 2026 25 November 2021 Nil 67,273 30 October 2026 25 November 2021 Nil 1,649,023 1 December 2027 22 November 2022 Nil 119,023 1 December 2028 22 November 2023 Nil 19,014 31 July 2029 9 August 2024 Nil 188,437 2,481,788 Directors’ Report 21 Sheffield Resources Limited Annual Report 2024
RkJQdWJsaXNoZXIy MjE2NDg3