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PLATINA RESOURCES LIMITED — Remuneration Information 2021
Jul 29, 2021
65555_rns_2021-07-29_2382c8f0-8e16-4556-a864-805de1240ca9.pdf
Remuneration Information
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ASX Announcement
30 July 2021
Managing Director Performance Review and Remuneration
Pla�na Resources Limited (ASX: PGM) has revised Pla�na Managing Director Mr Corey Nolan’s remunera�on closer to pre-Covid levels following an annual performance and industry benchmark review.
Mr Nolan’s new annual salary including superannua�on for this financial year is $310,000. This follows the reduc�on of his remunera�on from $323,000 to $240,000 in May 2020 in response to the pandemic.
Mr Nolan’s short-term incen�ve (STI) remains unchanged at 50% of the base salary and no changes have been made to Mr Nolan’s current Long Term Incen�ve Plan.
Pla�na Non-Execu�ve Chairman Mr Brian Moller said Pla�na’s Board was commi�ed to ensuring that execu�ve pay was aligned with performance outcomes and compe��ve with industry peers.
“Despite the challenges of opera�ng during Covid during the last 18 months, Mr Nolan has successfully implemented the company’s new Western Australian gold strategy with new project acquisi�ons, and created and protected the value of the company’s legacy assets,” Mr Moller said.
This announcement was authorised by Mr Corey Nolan, Managing Director of Pla�na Resources Limited.
For more informa�on:
Corey Nolan Gareth Quinn Managing Director Corporate Affairs Manager Phone +61 (0)7 5580 9094 Mobile: 0417 711 108 admin@pla�naresources.com.au [email protected]
Going for gold.
Level 2, Suite 9, 389 Oxford Street Mt Hawthorn Western Australia 6016 Phone +61 (0)7 5580 9094 Email: [email protected] www.platinaresources.com.au
Platina Resources Limited | ABN 25 119 007 939 | ASX: PGM