Melbana Energy Limited Annual Report 2022

The factors that are considered to affect total shareholder return are summarised below: 2022 $ 2021 $ 2020 $ 2019 $ 2018 $ Share price at financial year end 0.08 0.02 0.01 0.01 0.01 Basic earnings (cents per share) 0.24 (0.06) (0.11) (0.18) (0.41) Additional disclosures relating to key management personnel Shareholding The number of shares in the Company held during the financial year by each Director and other members of key management personnel of the Consolidated Entity, including their personally related parties, is set out on the next page: Balance at the start of the year Exercise of performance rights/options Additions Disposals/ Other Balance at the end of the year Ordinary shares Andrew Purcell 219,758,759 32,062,050 1,616,122 (10,000,000) 243,436,931 Michael Sandy 5,400,000 492,307 1,984,615 (2,576,922) 5,300,000 Peter Stickland 16,597,279 1,276,713 2,553,427 (5,000,000) 15,427,419 241,756,038 33,831,070 6,154,164 (17,576,922) 264,164,350 Option holding There were no options holdings held and no movements during the financial year ended 30 June 2022. Performance rights holding 2022 Balance at the start of the year Granted Exercised Other Changes Balance at the end of the year Vested and exercisable Unvested Performance rights over ordinary shares A. Purcell – 31,812,050 (31,812,050) – – – – – 31,812,050 (31,812,050) – – – – This concludes the remuneration report, which has been audited. Shares under performance rights There were no unissued ordinary shares of Melbana Energy Limited under performance rights outstanding at the date of this report. Shares issued on the exercise of options There were 86,899,695 ordinary shares issued on the exercise of options during the year ended 30 June 2022. There were 93,674,071 unissued ordinary shares of Melbana Energy under MAYO options outstanding at the date of this report. Indemnity and insurance of officers or Auditors The Group has in place a contract insuring the directors, the company secretary and all executive officers of the Group and any related body corporate against a liability incurred by a director, company secretary or executive officers to the extent permitted by the Corporations Act 2001. 19 Melbana Energy Limited Annual Report 2022

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