Aeris Annual Report 2022

LETTER FROM THE REMUNERATION COMMITTEE CHAIRMAN
Dear Shareholders,
On behalf of the Board, I am pleased to present
the Remuneration Report for the financial year ended
30 June 2022, outlining the nature and amount
of remuneration for Aeris Resources Limited’s Non-executive
Directors and other Key Management Personnel.
FY2022 was a year of transformation for Aeris as we
announced the acquisition of Round Oak Minerals,
successfully positioning the company as a competitive
mid-tier base and precious metals producer. As part
of the transaction, we add two new operating assets and
a development project to our portfolio and bid a heartfelt
welcome to the new team members joining our broader
Aeris family.
Throughout the financial year, the company was impacted
by industry-wide cost and labour market pressures,
which we worked hard to contain across the operations.
Australia experienced an increasingly competitive job
market, with low unemployment rates fuelling labour
shortages of skilled workers.
In response to this competition and the evolving
expectations of the labour market, Aeris focused
on a review of all site-based allowances and the
implementation of a new attraction and retention
strategy. Undertaking a complete review of site-based
allowances enabled Aeris to make a series of small
changes to better align the business with new market
pressures and ensure all allowances are fit-for-purpose in
this new operating environment.
During the financial year Aeris also made solid progress on
strengthening our commitment to promoting an inclusive
workplace, publishing our new Workplace of Respect
Policy in January 2022. We were pleased to
see significant upward movement in both female
workforce representation and indigenous workforce
representation in FY2022, with female representation
up by 5%. Our indigenous representation is 11% across
the business with Tritton reporting 18%.
During the financial year Aeris also made solid
progress on strengthening our commitment
to promoting an inclusive workplace.
Following this hard work throughout FY2022, Aeris is well
placed to meet the future challenges of the labour market
and we look forward to moving forward into another
rewarding year in FY2023.
On a personal note, FY2022 is the final year of my
appointment as Chair of the Remuneration Committee as
I hand the reigns over to fellow director, Mr Colin Moorhead
for the current and future financial years.
The implementation of a new attraction and retention
strategy was built on valuable feedback collected from
our workforce via an employee feedback survey in
March 2022. This strategy will ensure that Aeris remains an
employer of choice for existing employees and potential
new candidates in the years ahead.
AERIS ANNUAL REPORT 2022
MR MICHELE MUSCILLO
Independent Non-executive Director
Chair of the Remuneration Committee
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