Nyrada Inc Annual Report 2020

Annual Report FY20 17 Remuneration of key management personnel Short-term employee benefits Post-employment benefits Share-based payment Salary & fees Bonus 2 Other 1 Superannuation Options 3 Total 2020 $ $ $ $ $ $ Non-executive directors John Moore 63,340 - - - 157,168 220,508 Graham Kelly 1 266,628 - - 21,937 250,215 538,780 Peter Marks 51,220 - - - 138,719 189,939 Marcus Frampton 24,519 - - - 78,584 103,103 Ruediger Weseloh 20,432 - - - 78,584 99,016 Christopher Cox 2 24,519 - - - 78,584 103,103 Executive employees James Bonnar (CEO) 275,000 - - 26,125 1,213 302,338 Total 725,658 - - 48,062 783,067 1,556,787 1 Dr Graham Kelly was as an employee for the period 1 July 2019 to 18 November 2019. On November 18, 2019 Dr Kelly entered into a Consulting Agreement to provide strategic and advisory consulting services for the Company. The Consulting Agreement ceased on 31 March 2020 when Dr Kelly transitioned to a Non-Executive Director. 2 Christopher Cox was appointed as Director on 7 November 2019. 3 The value included in the share-based payment options column is based on valuation when applying the Black and Scholes option valuation methodology. As at the date of this report no options have been exercised and this amount does not represent a cash benefit to the key management personnel. Details of options and inputs in the valuation of options are included in notes 11(b) and 22 of the financial statements. Short-term employee benefits Post-employment benefits Share-based payment Salary & fees Bonus 2 Other 1 Superannuation Options 3 Total 2019 $ $ $ $ $ $ Non-executive directors John Moore 1 - - - - - - Graham Kelly 278,453 - - 26,453 303,056 607,962 Peter Marks 55,583 - - - 32,712 88,295 Marcus Frampton 1 - - - - - - Ruediger Weseloh 1 - - - - - - Josiah Austin 2 13,842 - - - - 13,842 Executive employees James Bonnar (CEO) 250,000 - - 23,750 32,230 305,980 Total 597,879 - - 50,203 367,997 1,016,079 1 John Moore, Marcus Frampton and Ruediger Weseloh were appointed as Directors of the Company on 4 June 2019. 2 Josiah Austin resigned as a Director on 18 October 2018. 3 The value included in the share-based payment options column is based on valuationwhen applying the Black and Scholes option valuation methodology. As at the date of this report no options have been exercised and this amount does not represent a cash benefit to the key management personnel. Details of options and inputs in the valuation of options are included in notes 11(b) and 22 of the financial statements. Other transactions with key management personnel and their related parties Prue Kelly, spouse of Graham Kelly (Non-Executive Director) is employed as the Company's part time Executive Assistant and Investor Relations Manager on the Company's employment terms and conditions. Refer to Note 25(b) to the financial statements for further details.