Document ID: chunk:federal_register_of_legislation:C2025C00185:section:300a:p1
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 300A (pt 1/4)
Character Range: 1093435–1096232

300A  Annual directors' report—specific information to be provided by listed companies
 (1) The directors' report for a financial year for a company must also include (in a separate and clearly identified section of the report):
 (a) discussion of board policy for determining, or in relation to, the nature and amount (or value, as appropriate) of remuneration of the key management personnel for:
 (i) the company, if consolidated financial statements are not required; or
 (ii) the consolidated entity, if consolidated financial statements are required; and
 (b) discussion of the relationship between such policy and the company's performance; and
 (ba) if an element of the remuneration of a member of the key management personnel for the company, or if consolidated financial statements are required, for the consolidated entity is dependent on the satisfaction of a performance condition:
 (i) a detailed summary of the performance condition; and
 (ii) an explanation of why the performance condition was chosen; and
 (iii) a summary of the methods used in assessing whether the performance condition is satisfied and an explanation of why those methods were chosen; and
 (iv) if the performance condition involves a comparison with factors external to the company:
 (A) a summary of the factors to be used in making the comparison; and
 (B) if any of the factors relates to the performance of another company, of 2 or more other companies or of an index in which the securities of a company or companies are included—the identity of that company, of each of those companies or of the index; and
 (c) the prescribed details in relation to the remuneration of:
 (i) if consolidated financial statements are required—each member of the key management personnel for the consolidated entity; or
 (ii) if consolidated financial statements are not required—each member of the key management personnel for the company; and
 (d) if an element of the remuneration of a person referred to in paragraph (c) consists of securities of a body and that element is not dependent on the satisfaction of a performance condition—an explanation of why that element of the remuneration is not dependent on the satisfaction of a performance condition; and
 (e) for each person referred to in paragraph (c):
 (i) an explanation of the relative proportions of those elements of the person's remuneration that are related to performance and those elements of the person's remuneration that are not; and
 (ii) the value (worked out as at the time they are granted and in accordance with any applicable accounting standards) of options that are granted to the person during the year as part of their remuneration; and
 (iii) the value (worked out as at the time they are exercised) of options that were granted to the