Melbana Energy Limited Annual Report 2023

Details of remuneration Amounts of remuneration Details of the remuneration of key management personnel of the Consolidated Entity are set out in the following tables. Directors: – Andrew Purcell - Executive Chairman – Michael Sandy - Non-Executive Director – Peter Stickland - Non-Executive Technical Director Key Management Personnel: – Uno Makotsvana – Chief Financial Officer – Duncan Lockhart – Exploration Manager – Errol Johnstone – Chief Geoscientist – Dean Johnstone – Senior Geoscientist Post Employment Short-term benefits Benefits Long-term Benefits 30-Jun-23 Salary and fees $ Cash Bonus $ Superannuation $ Long Service Leave $ Equity Settled $ Total $ Non-Executive Directors: Michael Sandy 100,448 – – – – 100,448 Peter Stickland 103,557 – – – – 103,557 Executive Director: Andrew Purcell 440,000 191,250 46,200 – – 677,450 Key Management: Uno Makotsvana6 204,166 – 21,438 – – 225,604 Duncan Lockhart6 296,250 – 31,106 – – 327,356 Errol Johnstone 330,507 100,000 26,839 – – 457,346 Dean Johnstone 330,507 100,000 26,839 – – 457,346 1,805,435 391,250 152,422 – – 2,349,107 The Executive Director’s Cash Bonus was paid in the reporting period and related to an award of 85% of the maximum possible STI for the 15-month period commencing the date of his employment to 30 June 2022. One-off cash bonuses of $100,000 each were paid to the Chief Geoscientist and the Senior Geoscientist during the year. 6 Uno Makotsvana and Duncan Lockhart commenced employment with the Company during FY2023 Remuneration Report (audited) continued 24 Melbana Energy Limited Annual Report 2023

RkJQdWJsaXNoZXIy MjE2NDg3