F. Company Performance and Shareholder Wealth  G. Remuneration of Non-Executive Directors  The following table sets out the Company’s performance during the years ended 31 December 2014, 2013, the six month  period ended 31 December 2012 and the preceding two years ended 30 June in respect of several key financial indicators (in  US thousands, except where otherwise stated):  The Non-executive directors receive a basic annual fee for board membership and annual fees for committee service and  chairmanships. For the Australian non-executive directors this is inclusive of the superannuation guarantee contribution required  by the Australian government, which changed to 9.50% at 1 July 2014 (previously 9.25%). In accordance with ASX corporate  governance principles, they do not receive any other retirement benefits or any performance-related incentive payments by  means of cash or equity. Some individuals, however, have chosen to contribute part of their salary to superannuation in order to  access the available favourable tax advantage of doing so (“Salary sacrifice”). To align directors' interests with shareholder interests, the directors are required to hold our ordinary shares equal to three times  their base board fees. Each Non-Executive Director has five years from their appointment to achieve this shareholding  requirement. All remuneration paid to directors and executives is valued in accordance with applicable IFRS accounting rules. A review by Meridian was commissioned by the Remuneration and Nominations Committee in November 2014. The  Remuneration and Nominations Committee found that the NED fee structure was within competitive range of its Australian  peer companies, and that the remuneration per NED is near the median (46th percentile).  Summary of Non-Executive Director Pay Elements  Non-executive Directors’ fees are determined within an aggregate Directors’ fee pool limit, which is periodically recommended  for approval by shareholders. The maximum currently stands at $950,000 per annum which was approved by shareholders at  the Annual General Meeting on 28 May 2013.  - 39 -  Metric  31 December  2014  31 December  2013  31 December  2012*  30 June  2012  30 June  2011  Revenue  159,793  85,345  17,724  29,787  18,176  3P Reserves (MBOE)  147,723  92,780  46,501  50,138  25,714  Production (BOEPD)  6,147  2,956  1,298  1,163  719  Net profit (loss) after tax  15,321  15,942  76,210  6,012  7,029  EBITDAX  126,373  52,594  9,223  17,093  9,762  Earnings per share**  0.03  0.04  0.27  0.02  0.03  Dividends or other returns on  capital  Nil  Nil  Nil  Nil  Nil  Share price  A$0.52  A$1.00  A$0.77  A$0.56  A$0.83  * Six month period ended (all other periods shown are for full year periods)  ** Basic and diluted 