The Board's Remuneration Committee recently completed a comprehensive review of the Company's remuneration structure, supported by external benchmarking against comparator companies. This review determined appropriate levels of Total Fixed Remuneration ('TFR') and the level and composition of incentive-based remuneration for KMPs, as well as appropriate NED fees. The changes in remuneration take into account the Company's substantial increase in exploration and development activities at the
Non-Executive Director Fees
To reflect the increased time commitment of NEDs and the demands placed on them to adequately perform their duties given the rapid expansion in the scope of the Company's activities, as well as the change in nature of those activities as the Company transitioned from early-stage exploration to resource definition and project studies, director fees have been adjusted as set out below. In addition, from
Contact:
Tel: +61 8 9322 3960
Email: info@chalicemining.com
(C) 2021 Electronic News Publishing, source