30 June 2014 Directors’ Report Directors’ Report For personal use only SHARE-BASED COMPENSATION Issue of shares Options ADDITIONAL DISCLOSURES RELATING TO KMP Shareholding The number of shares in the Company held during the financial year by each director and other members of KMP  of the Consolidated Entity, including their personally related parties, is set out below: There were no options over ordinary shares granted to or vested by directors and other KMP as part of  compensation during the year ended 30 June 2014. There were no options over ordinary shares issued to directors and other KMP as part of compensation that were  outstanding as at 30 June 2014. There were no shares issued to directors and other KMP as part of compensation during the year ended 30 June 2014. Name: Kelvin Flynn Title: Independent Non-Executive Director Agreement commenced: 22 March 2010 Details: Base salary of $98,100 including superannuation.  Name: Bruce Goulds Title: Chief Financial Officer and Company Secretary Agreement commenced: 1 July 2006 Details: Base salary of $650,000 including superannuation with a notice period of 6 months  Name: Jarrod Seymour Title: Chief Operating Officer Agreement commenced: 24 October 2012 Details: Base salary of $656,000 including superannuation with a notice period of 3 months.  Name: Steve Wyatt Title: Executive General Manager, Crushing Services International Agreement commenced: 1 July 2006 Details: Base salary of $879,700 including superannuation with a notice period of 6 months.  Name: Bob Gavranich Title: Executive General Manager, PIHA Agreement commenced: 1 July 2006 Details: Base salary of $879,700 including superannuation with a notice period of 6 months.  Name: David Geraghty Title: Executive General Manager, Process Minerals International Pty Ltd Agreement commenced: 1 July 2006 Details: Base salary of $646,600 including superannuation.  Name: Andrew Haslam (Resigned on 16 May 2014) Title: Executive General Manager, Iron Ore Agreement commenced: 26 March 2012 Details: Base salary of $597,000 including superannuation. Mineral Resources Limited Annual Report 2014 33 Balance at  the start of  the year Received  as part of  remuneration Additions Disposals/  other Balance at  the end of  the year Ordinary shares P Wade 1,416,162  - - - 1,416,162  C Ellison 27,038,000  - 65,000  (2,000,000) 25,103,000  J Ricciardo 1,529,989  - - (350,000) 1,179,989  M Dutton 15,000  - - - 15,000  B Gavranich 4,106,595  - 3,600  - 4,110,195  D Geraghty 1,609,799  - 13,562  (182,312) 1,441,049  B Goulds 180,000  - - - 180,000  S Wyatt 7,852,344  - - (2,000,000) 5,852,344  43,747,889  - 82,162  (4,532,312) 39,297,739 