IGO Interactive Annual Report 2020

INDEPENDENT AUDITOR’S REPORT The following additional information not shown elsewhere in this report is required by ASX Limited in respect of listed companies only. This information is current as at 11 August 2020. 1. SHAREHOLDING a. Distribution of shareholders RANGE TOTAL HOLDERS UNITS % OF ISSUED CAPITAL 1 – 1,000 4,461 1,629,460 0.28 1,001 – 5,000 2,773 7,056,600 1.19 5,001 – 10,000 813 6,159,504 1.04 10,001 – 100,000 782 19,076,446 3.23 100,001 – Over 90 556,875,024 94.26 Total 8,919 590,797,034 100.00 b. The number of shareholders holding less that a marketable parcel of fully paid ordinary shares is 1,200. c. The Company has received the following notices of substantial shareholding (Notice): SUBSTANTIAL SHAREHOLDER RELEVANT INTEREST PER THE NOTICE – NUMBER OF SHARES Mark Creasy 76,860,969 T. Rowe Price Group, Inc. 48,341,790 FIL Limited 45,566,028 d. Voting rights: The voting rights of the fully paid ordinary shares are one vote per share held. 2. TWENTY LARGEST HOLDERS OF ORDINARY SHARES ORDINARY SHAREHOLDERS NO. OF SHARES HELD PERCENTAGE HELD 1 J P MORGAN NOMINEES AUSTRALIA PTY LIMITED 162,617,066 27.53 2 HSBC CUSTODY NOMINEES <AUSTRALIA> LIMITED 148,795,100 25.19 3 CITICORP NOMINEES PTY LIMITED 79,598,469 13.47 4 YANDAL INVESTMENTS PTY LTD 63,445,781 10.74 5 NATIONAL NOMINEES LIMITED 31,158,317 5.27 6 FRASERX PTY LTD 13,415,188 2.27 7 BNP PARIBAS NOMINEES PTY LTD <AGENCY LENDING DRP A/C> 10,080,193 1.71 8 BNP PARIBAS NOMS PTY LTD <DRP> 6,470,324 1.10 9 MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LIMITED 4,683,845 0.79 10 PERTH SELECT SEAFOODS PTY LTD 2,837,200 0.48 11 HSBC CUSTODY NOMINEES <AUSTRALIA> LIMITED <NT-COMNWLTH SUPER CORP A/C> 2,629,699 0.45 12 MR KENNETH JOSEPH HALL <HALL PARK A/C> 1,847,830 0.31 13 PERTH SELECT SEAFOODS PTY LTD 1,766,800 0.30 14 AMALGAMATED DAIRIES LIMITED 1,703,553 0.29 15 HSBC CUSTODY NOMINEES <AUSTRALIA> LIMITED-GSCO ECA 1,628,727 0.28 16 CITICORP NOMINEES PTY LIMITED <COLONIAL FIRST STATE INV A/C> 1,410,890 0.24 17 HSBC CUSTODY NOMINEES <AUSTRALIA> LIMITED - A/C 2 1,244,849 0.21 18 AMP LIFE LIMITED 1,174,407 0.20 19 UBS NOMINEES PTY LTD 1,067,844 0.18 20 ZERO NOMINEES PTY LTD 1,024,683 0.17 Top 20 Holders of Independence Ordinary Share Class (Total) 538,600,765 91.17 Total Remaining Holders Balance 52,196,269 8.83 3. UNQUOTED SECURITIES IGO has 1,729,067 performance rights and 476,088 service rights on issue. The number of beneficial holders of performance rights and service rights are 108 and 90 respectively. ADDITIONAL ASX INFORMATION IGO ANNUAL REPORT 2020— 133 132 — IGO ANNUAL REPORT 2020 Other information The directors are responsible for the other information. The other information comprises the information contained in the Group’s annual report for the year ended 30 June 2020, but does not include the financial report and our auditor’s report thereon. Our opinion on the financial report does not cover the other information and we do not express any form of assurance conclusion thereon. In connection with our audit of the financial report, our responsibility is to read the other information identified above and, in doing so, consider whether the other information is materially inconsistent with the financial report or our knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the work we have performed on the other information that we obtained prior to the date of this auditor’s report, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Responsibilities of the directors for the Financial Report The directors of the Company are responsible for the preparation of the financial report t hat gives a true and fair view in accordance with Australian Ac counting Standards and the Corporations Act 2001 and for such internal control as the directors determine is necessary to enable the preparation of the financial report that gives a true and fair view and is free from material misstatement, whether due to fraud or error. In preparing the financial report, the directors are responsible for assessing the ability of the group to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Group or to cease operations, or has no realistic alternative but to do so. Auditor’s responsibilities for the audit of the Financial Report Our objectives are to obtain reasonable assurance about whether the financial report as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Australian Auditing Standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this financial report. A further description of our responsibilities for the audit of the financial report is located at the Auditing and Assurance Standards Board website ( http://www.auasb.gov.au/Home.aspx ) at: https://www.auasb.gov.au/admin/file/content102/c3/ar1_2020.pdf This description forms part of our auditor’s report. Report on the Remuneration Report Opinion on the Remuneration Report We have audited the Remuneration Report included in pages 53 to 70 of the directors’ report f r the year ended 30 June 2020. In our opinion, the Remuneration Report of IGO Limited, for the year ended 30 June 2020, complies with section 300A of the Corporations Act 2001 . Responsibilities The directors of the Company are responsible for the preparation and presentation of the Rem neration Re ort in acco dance with s cti n 300A of the Corporations Act 2001 . Our responsibility is to express an opinion on the Remuneration Report, based on o r audit conducted in accordance with Australian Auditing Standards. BDO Audit (WA) Pty Ltd Glyn O’Brien Director Perth, 26 August 2020 Other information The directors are responsible for the other information. The other information comprises the information contained in the Group’s annual report for the year ended 30 June 2020, but does not include the financial report and our auditor’s report thereon. Our opinion on the fina ial report does not cover the other information and we do not express any form of assurance conclusion thereon. In connection with our audit of the financial report, our responsibility is to read the other information identified above and, in doing so, consider whether the other information is materially inconsistent with the financial report or our knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the work we have performed on the other information that we obtained prior to the date of this auditor’s report, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Responsibilities of the directors for the Financial Report The directors of the Company are responsible for the preparation of the financial report that gives a true and fair view in accordance with Australian Accounting Standards and the Corpor tions Act 2001 and for such internal control as the directors determine is n cessary to e able the preparation of the financial report th t gives a tru and fair view and is free from material mi statement, whether due to fraud or error. In prep ring the fina cial report, the directors are responsible f assessin th bility of the group t continu as going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the direct rs e th r intend to liqui at the Group or to cease oper tions, or has no realistic alternative but to do so. Auditor’s responsibilities for the audit of the Financial Report Our objectives are to obtain reasonable assurance about whether the financial report as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Australian Auditing Standards will always detect a materi l misstatement when it exists. Misstateme ts ca arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the co omic decisions of users taken on the basis of this financial report. A further description of our responsibilities for the audit of the financial report is located at the Auditing and Assurance Standards Board website ( http://www.auasb.gov.au/Home.aspx ) at: https://www.auasb.gov.au/admin/file/content1 2/ c3/ar1_2020.pdf This description forms part of our auditor’s report. Report on the Remuneration Report Opinion on the Remuneration Report We have audited the Remuneration Report included in pages 53 to 70 of the directors’ report for the year ended 30 June 2020. In our opinion, the Remuneration Report of IGO Limited, for the year ended 30 June 2020, complies with section 300A of the Corporations Act 2001 . Responsibilities The directors of the Company are responsible for the preparation and presentation of the Remuneration Report in accordance with section 300A of the Corporations Act 2001. Our responsibility is to express an opinion on the Remuneration Report, based on our audit conducted in accordance with Australian Auditing Standards. Glyn O’Brien Director Perth, 26 August 2020