p
 
Executive 
Number of 
Options 
Issued 
Grant Date 
Expiry 
Date 
Exercise 
Price 
Fair Value 
per Option 
at Grant 
Date 
% Vested 
in Year 
% 
Forfeited 
in Year 
Year 
Vesting 
Executives 
 
 
 
 
 
 
 
 
Mr R J Fitzhardinge 
73,117 
23/03/22 
31/12/25 
$0.000 
$1.1485 
- 
100% 
2025(1) 
 
73,117 
23/03/22 
31/12/25 
$0.000 
$1.0496 
70% 
30% 
2025(2) 
 
89,070 
16/02/23 
31/12/26 
$0.000 
$0.8491 
- 
- 
2026(3) 
 
89,070 
16/02/23 
31/12/26 
$0.000 
$0.6354 
- 
- 
2026(4) 
 
223,894 
06/02/24 
31/12/27 
$0.000 
$0.2374 
- 
- 
2027(5) 
 
223,894 
06/02/24 
31/12/27 
$0.000 
$0.0946 
- 
- 
2027(6) 
 
279,942 
07/02/25 
31/12/28 
$0.000 
$0.3406 
- 
- 
2028(7) 
 
279,942 
07/02/25 
31/12/28 
$0.000 
$0.2641 
- 
- 
2028(8) 
Mr J W Westdorp 
80,475 
23/03/22 
31/12/25 
$0.000 
$1.1485 
- 
100% 
2025(1) 
 
80,475 
23/03/22 
31/12/25 
$0.000 
$1.0496 
87.5% 
12.5% 
2025(2) 
 
101,572 
16/02/23 
31/12/26 
$0.000 
$0.8491 
- 
- 
2026(3) 
 
101,571 
16/02/23 
31/12/26 
$0.000 
$0.6354 
- 
- 
2026(4) 
 
255,318 
06/02/24 
31/12/27 
$0.000 
$0.2374 
- 
- 
2027(5) 
 
255,318 
06/02/24 
31/12/27 
$0.000 
$0.0946 
- 
- 
2027(6) 
 
319,232 
07/02/25 
31/12/28 
$0.000 
$0.3406 
- 
- 
2028(7) 
 
319,232 
07/02/25 
31/12/28 
$0.000 
$0.2641 
- 
- 
2028(8) 
Mr W E Foote 
85,993 
23/03/22 
31/12/25 
$0.000 
$1.1485 
- 
100% 
2025(1) 
 
85,993 
23/03/22 
31/12/25 
$0.000 
$1.0496 
87.5% 
12.5% 
2025(2) 
 
110,687 
16/02/23 
31/12/26 
$0.000 
$0.8491 
- 
- 
2026(3) 
 
110,686 
16/02/23 
31/12/26 
$0.000 
$0.6354 
- 
- 
2026(4) 
 
278,231 
06/02/24 
31/12/27 
$0.000 
$0.2374 
- 
- 
2027(5) 
 
278,231 
06/02/24 
31/12/27 
$0.000 
$0.0946 
- 
- 
2027(6) 
 
347,881 
07/02/25 
31/12/28 
$0.000 
$0.3406 
- 
- 
2028(7) 
 
347,881 
07/02/25 
31/12/28 
$0.000 
$0.2641 
- 
- 
2028(8) 
(1) Options were subject to the achievement of absolute TSR measure as detailed in the 2022 Annual Report. During the year these 
options were forfeited. 
(2) Options were subject to the achievement of relative TSR measure as detailed in the 2022 Annual Report. Options vested during the 
period with the relative TSR measure of 87.5%. 
(3) Options will vest subject to achievement of the relative TSR measure as detailed in the 2023 Annual Report.  Refer to section 16.8.1 
for options which vested subsequent to year end.  
(4) Options will vest subject to the achievement of the absolute TSR measure as detailed in the 2023 Annual Report. Refer to details in 
section 16.8.1  for options which were forefeited subsequent to year end.  
(5) Options will vest subject to achievement of the relative TSR measure detailed in the 2024 Annual Report.  
(6) Options will vest subject to achievement of the absolute TSR measure as detailed in the 2024 Annual Report.  
(7) Options will vest subject to achievement of the relative TSR measure detailed in Section 16.2.3.  
(8) Options will vest subject to the achievement of the absolute TSR measure detailed in Section 16.2.3. 
 
 
45
CENTAURUS METALS LIMITED     ANNUAL REPORT

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