CRYOSITE LIMITED — Board/Management Information 2024

Aug 19, 2024

Summary of the material terms of Andrew Kerr’s engagement as a director in accordance with ASX Lis�ng Rule 3.16.4

Lis�ng Rule 3.16.4
Item	Details
Role	Execu�ve Director(Director)
Contrac�ngEn�ty	Cryosite Limited
Term	Ongoing (no fxed term)
Commencement	20 August 2024
Considera�on	• $190,000 plus superannua�on per annum • Performance bonus of $16,666 for each of the three (3) Key Performance Indicators listed below (a total of up to $50,000 per annum) at the Board’s discre�on: a. The business achieves its budget b. Andrew Kerr performs to the Board’s sa�sfac�on c. Andrew Kerr remains in the role for 12 months
Share Based Remunera�on	N/A
Termina�on	Andrew Kerr may cease to hold ofce as a Director: a. by resigning at any �me by writen no�ce; and b. in accordance with the law, the ASX Lis�ng Rules or the Cons�tu�on of the Company.