REMUNERATION REPORT 
(audited) 
 
The directors present the Remuneration Report prepared in accordance with section 30 of the Corporations Act 2001 
(Corporations Act) for the consolidated entity for the fiscal year ended 31 December 2014.  This Remuneration Report has been 
audited as required by section 308(3C) of the Corporations Act and forms part of the Directors’ Report. 
This report details the key remuneration activities for the fiscal year ended 31 December 2014 and provides remuneration 
information for the Company’s non-executive Directors (NEDs), executive Director and other key management personnel (KMP) 
of the consolidated entity.  All amounts are in USD unless explicitly stated otherwise. 
Table of Contents 
A. Key Fiscal Year 2014 Remuneration and Key Changes for Fiscal Year 2015 
B. Executive Summary 
C. Directors and Key Management Personnel (KMP) 
D. Remuneration Governance 
E. Remuneration Policy and Framework 
o Fixed Pay and Benefits 
o Short Term Incentives (STI) 
o Long Term Incentives (LTI) 
F. Company Performance and Shareholder Wealth 
G. Non-executive Director Remuneration Policy 
H. Voting and Comments Made at Company’s Year Ended 31 December 2013 Annual General Meeting 
I. Employment Contracts 
J. Details of Remuneration 
K. Outstanding KMP Options and Restricted Share Units (RSUs) 
L. Shareholdings 
 
A. Key Fiscal Year 2014 Remuneration and Key Changes for Fiscal Year 2015 
 
2014 Remuneration 
 
Action Rationale 
Fixed Remuneration  Increased Managing Director’s base 
pay from $275,000 (fiscal year 2013) 
to $370,000 (fiscal year 2014). 
 
 
Increased CFO’s base pay from 
$225,000 (fiscal year 2013) to 
$295,000 (fiscal year 2014). 
 
Award for progress towards strategic 
goals and individual performance; 
CEO’s base pay was below the 25th 
percentile of the Company’s U.S. and 
Australian market peers. 
 
CFO’s base pay was below the 50th 
percentile of the Company’s U.S. 
market peers. 
Cash Short-Term Incentive 
  
 
Authorised annual cash short-term 
awards for 2013 performance to the 
CEO of 87% of year-end 2013 base 
salary and to the other KMPs at 65% 
of year-end 2013 base salary. 
Annual cash awards were based on 
the achievement of financial and 
strategic objectives in 2013. 
Equity Long-Term Incentive Authorised long-term equity awards 
that vest over three years to the CEO 
with an aggregate grant date fair 
value of $679,510 and to other KMPs 
with an aggregate grant date fair 
value totalling $681,886.  
Annual long-term equity awards 
were based on the achievement of 
financial and strategic objectives in 
2013. 
  
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