NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS  
 
NOTE 8 – KEY MANAGEMENT PERSONNEL COMPENSATION continued 
 
b) Key Management Personnel Compensation 
The total cash remuneration paid to Key Management Personnel (“KMP”) of the Group during the year is as 
follows:               
 
Year ended 31 December 
2014 
US$       
2013 
US$       
   
Short term wages and benefits     2,001,893     1,864,751 
Equity settled-options based 
payments 
1,207,989 625,161 
Post-employment benefit          56,882           55,416 
                                                       3,266,764     2,545,328 
   
c) Options Granted as Compensation  
No options were granted as compensation during each of the year s ended 31 December 2014 and 2013 to 
KMP from the Sundance Energy Employee Stock Option Plan. Options generally vest in five equal tranches of 
20% on the grant date and each of the four subsequent anniversaries of the grant date.  
d) Restricted Share Units  Granted as Compensation 
RSUs awarded as compensation were 1,451,917 ($1.4 million fair value) and 623,251 ($0.6 million fair value) 
during the year s ended 31 December 2014 and 2013, respectively, to KMP from the Sundance Energy Long  
Term Incentive Plan. RSUs generally vest in four equal tranches of 25% on the grant date and each of the three 
subsequent anniversaries of the grant date. 
 
NOTE 9 – AUDITORS’ REMUNERATION 
 2014 2013  
Year ended 31 December US$ US$ 
   
Cash remuneration of the auditor for:   
 Auditing or review of the financial report         428,888            90,941 
 Professional services related to filing of various Forms with the 
US Securities and Exchange Commission  
 
244,754 
 
430,055 
 Non-audit services related to Texon acquisition - 76,708 
 Taxation services provided by the practice of auditor           68,815                         47,783 
 Total remuneration of the auditor         742,457                   645,487 
 
  
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