30 June 2014 Directors’ Report Directors’ Report For personal use only KMP REMUNERATION: 2013/14 Mineral Resources Limited Annual Report 2014  31 The table below shows details of the KMP Remuneration for the financial year. LTI Remuneration is based on  vested grants and probabilistic estimates for those grants that have not yet vested.  Short Term Benefits Post Em- ployment  Benefits Other  Statutory  Entitle- ments Long  term  benefits Long Term Benefits Salary  and Fees Bonus  2012/13  paid  2013/14 1 Bonus  2013/14  (accrued) 2 Other  fees for  services  rendered 3 Non  Monetary Super- annuation Long  service  leave Vested  Granted  subject  to future  vesting  conditions Total $ $ $ $ $ $ $ $ $ $ Non-executive Directors P Wade  200,000   -   -   262,500   -   25,000   -   -   -   -   487,500  J Ricciardo  90,000   -   -   -   -   8,100   -   -   -   -   98,100  M Dutton  90,000   -   -   -   -   8,100   -   -   -   -   98,100  K Flynn  98,100   -   -   76,865   -   -   -   -   -   -   174,965  Executive Directors C Ellison  950,000   332,500   266,000   -   83,377   25,000   -   -   130,625   130,625 1,918,127  Other KMP B Gavranich  846,590   247,500   205,128   -   33,363   25,000   -   -   96,154   96,154 1,549,888  D Geraghty  591,378   136,000   149,184   -   19,663   24,039   -   69,930   69,930 1,060,124  B Goulds  625,000   187,500   150,000   -   25,000   -   -   70,313   70,312 1,128,125  A Haslam 4  529,989   74,320   -   -   17,337   22,596   94,966   -   -   -   739,208  J Seymour   647,585   190,059   157,521   -   23,036   19,802   -   73,838   73,838 1,185,678  S Wyatt  846,835   247,500   205,128   -   83,377   25,000   -   -   96,154   96,154 1,600,148   5,515,477 1,415,379 1,132,961   339,365   260,153   207,637   94,966   -   537,013   537,012 10,039,963  1  Bonus relates to performance for the 2012/13 financial year which was measured and approved on 13 December 2013.  2  Payable August 2014. 3 Other fees for services were as follows; rendered by Peter Wade for general management advice (current trade payable balance at 30 June 2014  $114,657), and to Sirona Capital Pty Ltd, a director related entity of Kelvin Flynn, for financial options relating to the Carina mine site (no trade payable  balance owing at 30 June 2014). 4  Resigned on 16 May 2014. Represents remuneration from 1 July 2013 to 16 May 2014.