NAME GRANT DATE NUMBER OF RIGHTS ISSUED VALUE AT GRANT DATE NUMBER OF RIGHTS VESTED VESTED CANCELLED $ % % Andre Labuschagne 26 Nov 2020 7,142,821 525,000 n/a n/a n/a Robert Brainsbury 26 Nov 2020 4,591,813 337,500 n/a n/a n/a Ian Sheppard 26 Nov 2020 5,102,015 375,000 n/a n/a n/a Kim Franks 26 Nov 2020 1,751,626 128,745 n/a n/a n/a 18,588,275 1,366,245 SHARES HELD BY KMP The tables below show the equity instruments in <strong>Aeris</strong> Resources Limited that were held during the financial year by KMP of the Group, including their close family members and entities related to them: Executive KMP NAME OPENING BALANCE 1 JULY 2021 ISSUED AND ACQUIRED VESTED AND EXERCISED DISPOSED/ FORFEITED/ OTHER BALANCE 30 JUNE <strong>2022</strong> Andre Labuschagne 14,992,285 - 22,511,959 - 37,504,244 Robert Brainsbury 9,346,370 - 13,507,175 - 22,853,545 Ian Sheppard 12,118,137 - - - 12,118,137 Kim Franks 86,000 - - - 86,000 Non-Executive Directors NAME OPENING BALANCE 1 JULY 2021 ISSUED AND ACQUIRED VESTED AND EXERCISED DISPOSED/ FORFEITED/ OTHER BALANCE 30 JUNE <strong>2022</strong> AERIS ANNUAL REPORT <strong>2022</strong> Michele Muscillo 21,739 - - - 21,739 Colin Moorhead 500,000 - - - 500,000 Sylvia Wiggins 1 - - - - - 1. Appointed 18 October 2021 72
The Remuneration Committee considered the most effective approach to meeting was for the Chair of the Remuneration Committee to meet independently with the Executive Chair and members of the Remuneration Committee on an informal basis throughout the year. ADVANCING AERIS 73