20974 29Metals AR23 WEB V1 - Flipbook - Page 113
2023 key
results
34
Chair letter and
CEO report
About
29Metals
Our
assets
Sustainability
& ESG Report
Mineral Resources
and Ore Reserves
Annual
Financial Report
109
29Metals Appendix 4E and Annual Financial Report for 29Metals Limited and its Controlled Entities for the year ended 31 December 2023
Letter from the Chair of the Remuneration & Nominations Committee
ear hareholders
n behalf of the Board, present the 2023 emuneration eport for 29Metals imited.
This emuneration eport outlines
▪
▪
29Metals’ remuneration framework, including changes to the remuneration framework implemented in 2023; and
how the Board has applied the remuneration framework to determine the remuneration outcomes for our key management personnel (‘
ŽŽŬŝŶŐĂŚĞĂĚƚŽϮϬϮϰ
t the time of writing, the Board is actively considering changes to the remuneration framework which would
▪
increase the proportion of e ecutive T s that are typically delivered as deferred e uity; and
▪
reduce the cash cost of on e ecutive irector fees to the Company in the current circumstances.
e e pect to provide detail of these changes at the
remuneration framework in 202 .
M in May. ther than these matters, the Board does not propose any substantial changes to the
s always, the Board will be closely e amining the manner in which we set targets for performance based remuneration to strengthen the link between
remuneration outcomes for M s and shareholder value.
e welcome feedback from shareholders on this emuneration eport and our approach to M remuneration, and we thank all our shareholders for
their continued support.
ours sincerely,
DĂƌƚŝŶůĐŝĂƚƵƌŝ
/ŶĚĞƉĞŶĚĞŶƚEŽŶͲĞdžĞĐƵƚŝǀĞŝƌĞĐƚŽƌ
ŚĂŝƌ͕ZĞŵƵŶĞƌĂƚŝŽŶΘEŽŵŝŶĂƚŝŽŶƐŽŵŵŝƚƚĞĞ
34
