(IV) Reconciliation of performance rights, service rights and ordinary shares held by Executive KMP Performance Rights The table below shows the number of performance rights that were granted, vested and forfeited during the year. Executive KMP Financial year granted Balance at start of the year Granted during the year Vested during the year Forfeited during the year Balance at the end of the year (unvested) Maximum value yet to vest Number Number Number % Number % Number $ Peter Bradford 2022 - 106,7241 - - - - 106,724 618,593 2021 182,773 - - - - - 182,773 208,896 2020 162,617 - - - - - 162,617 - 2019 218,475 - 175,042 80.1 43,433 19.9 - - Kate Barker 2022 - 24,013 - - - - 24,013 145,856 2021 42,016 - - - - - 42,016 41,402 2020 32,710 - - - - - 32,710 - 2019 43,187 - 34,601 80.1 8,586 19.9 - - Matt Dusci 2022 - 59,765 - - - - 59,765 363,016 2021 105,882 - - - - - 105,882 104,335 2020 83,738 - - - - - 83,738 - 2019 110,161 - 88,261 80.1 21,900 19.9 - - Andrew Eddowes 2022 - 21,345 - - - - 21,345 129,651 2021 39,915 - - - - - 39,915 39,332 2020 35,514 - - - - - 35,514 - 2019 47,251 - 37,858 80.1 9,393 19.9 - - Joanne McDonald 2022 - 21,345 - - - - 21,345 129,651 2021 36,764 - - - - - 36,764 36,227 2020 32,710 - - - - - 32,710 - 2019 43,187 - 34,601 80.1 8,586 19.9 - - Sam Retallack 2022 - 21,345 - - - - 21,345 129,651 2021 38,865 - - - - - 38,865 38,297 2020 34,579 - - - - - 34,579 - 2019 45,727 - 36,636 80.1 9,091 19.9 - - Scott Steinkrug 2022 - 44,824 - - - - 44,824 272,263 2021 77,310 - - - - - 77,310 76,180 2020 68,785 - - - - - 68,785 - 2019 83,140 - 66,612 80.1 16,528 19.9 - - 1. The issue of performance rights to Mr. Bradford was approved at the Company’s AGM on 18 November 2021 in accordance with ASX Listing Rule 10.14. Service Rights The table below shows the number of service rights that were granted, vested and forfeited during the year. Executive KMP Financial year granted Balance at start of the year Granted during the year Vested during the year1 Forfeited during the year Balance at end of the year Maximum value yet to vest Number Number Number % Number % Vested and exercisable2 Unvested $ Peter Bradford 2022 - 44,8923 - - - - - 44,892 180,065 2021 71,188 - 35,594 50 - - 35,594 35,594 14,244 2020 20,493 - 20,493 100 - - 40,986 - - 2019 - - - - - - 43,230 - - 2018 - - - - - - 49,858 - - Kate Barker 2022 - 10,320 - - - - - 10,320 41,394 2021 14,461 - 7,230 50 - - 7,230 7,231 2,893 2020 4,167 - 4,167 100 - - 8,333 - - 2019 - - - - - - 7,648 - - 2018 - - - - - - 9,509 - - Matt Dusci 2022 - 26,006 - - - - - 26,006 104,312 2021 41,816 - 20,908 50 - - 20,908 20,908 8,367 2020 9,226 - 9,226 100 - - 18,452 - - 2019 - - - - - - 18,942 - - 2018 - - - - - - 19,801 - - Andrew Eddowes 2022 - 9,510 - - - - - 9,510 38,145 2021 15,583 - 7,791 50 - - 7,791 7,792 3,118 2020 4,507 - 4,507 100 - - - - - Joanne McDonald 2022 - 8,849 - - - - - 8,849 35,494 2021 14,237 - 7,119 50 - - - 7,118 2,849 2020 4,167 - 4,167 100 - - - - - Sam Retallack 2022 - 9,355 - - - - - 9,355 37,523 2021 15,358 - 7,679 50 - - 7,679 7,679 3,073 2020 4,380 - 4,380 100 - - 8,759 - - 2019 - - - - - - 9,107 - - 2018 - - - - - - 10,542 - - Scott Steinkrug 2022 - 11,868 - - - - - 11,868 47,603 2021 19,058 - 9,529 50 - - - 9,529 3,813 2020 7,866 - 7,866 100 - - - - - 1. Vesting of the FY21 service rights represents the first tranche of 50% vesting on the 12 month anniversary of the award date and vesting of the FY20 service rights represents the second tranche of 50% vesting on the 24 month anniversary of the award date. 2. Service rights have vested due to service condition being achieved and, subject to being exercised, will convert into ordinary shares. 3. The issue of service rights to Mr. Bradford was approved at the Company’s AGM on 18 November 2021 in accordance with ASX Listing Rule 10.14. IGO ANNUAL REPORT 2022— 81 80 —IGO ANNUAL REPORT 2022
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