VERBREC LIMITED — Remuneration Information 2014

Oct 23, 2014

ASX Announcement 24 October 2014

Changes to Chief Executive Officer / Managing Director Remuneration

LogiCamms Limited (ASX: LCM) announces a change to the incentive component of the remuneration of the Chief Executive Officer / Managing Director, Mr Matthew Adamo. These changes relate to the current incentive scheme and are set out in detail below.

Mr Adamo is entitled to participate in the LogiCamms Short Term and Long Term Incentive Plan ( “Incentive Plan” ), which was approved by shareholders at the 2012 Annual General Meeting held on 8 November 2012. Mr Adamo is currently a participant in the Incentive Plan.

The Board of LogiCamms has resolved to adopt new performance measures that must be met before the award of incentives under the plan and to change the incentive instruments awarded. As a result, the incentive component of Mr Adamo’s remuneration has been amended as follows:

1. Annual Scorecard Performance Incentive

2. The amount available annually to Mr Adamo for achievement of defined annual scorecard performance objectives (including both financial and non-financial key performance indicators) is 50% of his Fixed Annual Remuneration for 100% achievement of targets, subject to assessment by the Board. An increased award may be earned for outperformance of targets.

3. The award is payable in the form of cash as to 50% and equity as to 50% of the total Scorecard Performance Incentive.

4. Annual Strategic Objectives Incentive

5. The amount available annually to Mr Adamo for achievement of defined Annual Strategic Objectives is 50% of his Fixed Annual Remuneration for 100% achievement of targets, subject to assessment by the Board. An increased award may be earned for outperformance of targets.

6. The award is payable in the form of Performance Rights with 50% of the Performance Rights issued vesting into ordinary shares on a one for one basis in June 2016 and 50% of the Performance Rights issued vesting into ordinary shares on a one for one basis in June 2017.

7. The Performance Rights are to be issued at the 30 day VWAP to 30 June 2015.

8. Vesting of the Performance Rights is subject to continued employment by LogiCamms at the point of vesting into ordinary shares.

Mr Adamo’s future participation under the Incentive Plan will be in accordance with the Incentive Plan rules and any additional grant of performance rights or equity will be subject to shareholder approval.

The amendments do not affect the rights issued to Mr Adamo under the Incentive Plan before he was appointed the Chief Executive Officer/Managing Director of LogiCamms.

Ends -

Engineering Consultancy | Project Delivery | Asset Performance

LogiCamms Limited ASX:LCM ACN 127 897 689 www.logicamms.com.au B2210: DocID: 66188847.2

Share Registry Computershare Investor Services Tel. +61 3 9415 4000 www.investorcentre.com

Further information Media enquiries Mr Matthew Adamo Mr Paul Bowker Mr Alasdair Jeffrey Managing Director Chief Financial Officer Rowland Tel. +61 7 3058 7000 Tel. +61 7 3058 7000 Tel. +61 7 3229 4499

About LogiCamms

LogiCamms is engineering breakthroughs in asset performance. Working with leading owners and operators of minerals and metals, hydrocarbons and infrastructure assets, the Company works to reduce costs, increase efficiencies, and enhance the value of customers’ operations. LogiCamms’ core business units include engineering consulting, project delivery, and asset performance services. LogiCamms is an Australian Securities Exchange listed Company (ASX:LCM) with offices across Australia and New Zealand. LogiCamms’ Vision is to be a market leader delivering outstanding customer solutions.

Engineering Consultancy | Project Delivery | Asset Performance

LogiCamms Limited ASX:LCM ACN 127 897 689 www.logicamms.com.au B2210: DocID: 66188847.2

Share Registry Computershare Investor Services Tel. +61 3 9415 4000 www.investorcentre.com