b'Centaurus Metals Limited and its controlled entitiesCentaurus Metals Limited and its controlled entities CENTAURUS METALS ANNUAL REPORT 2024 Financial Report 31 December 2024 Financial Report 31 December 2024Other than outlined above, there has not arisen, in the interval between the end of the financial year and the date of this14Non-Audit Services report an item, transaction or event of a material and unusual nature likely, in the opinion of the directors of the Company,During the period KPMG, the Companys auditor, has performed certain other services in addition to their statutory duties. to affect significantly the operations of the Group, the results of those operations, or the state of affairs of the Group, in future financial years.The Board has considered the non-audit services provided during the year by the auditor and in accordance with written advice provided by resolution of the Board, is satisfied that the provision of those non-audit services during the year by the 8Likely Developmentsauditor did not compromise the auditor independence requirements of the Corporations Act 2001 for the following reasons: Other than likely developments contained in the Operating and Financial Review and Events Subsequent to Reporting4 all non-audit services were subject to the corporate governance procedures adopted by the Company and have Date, further information on likely developments in the operations of the Group and the expected results of operationsbeen reviewed by the Board to ensure they do not impact the integrity and objectivity of the auditor; and have not been included in this report because the directors believe it would be likely to result in unreasonable prejudice to4 the non-audit services provided do not undermine the general principles relating to auditor independence as set the Group.out in APES 110 Code of Ethics for Professional Accountants, as they did not involve reviewing or auditing the 9Environmental Regulationauditors own work, acting in a management or decision-making capacity for the Company, acting as an advocate for the Company or jointly sharing risks and rewards. The Group is subject to environmental laws and regulations under Brazilian (State and Federal) legislation depending on theDetails of the amounts paid to, KPMG, and its related practices for non-audit services provided during the year are set out activities undertaken.Compliance with these laws and regulations is regarded as a minimum standard for the Group tobelow. achieve.There were no known breaches of these regulations during the year. 2024 $2023 $ 10DividendsTaxa]on compliance services13,5945,304 No dividend was declared or paid by the Company during the current or previous year.Other consul]ng services5,9405,250 11Directors Interests19,53410,554 15Auditors Independence Declaration The relevant interest of each director in the shares and options over such shares issued by the companies within the Group and other related bodies corporate, as notified by the directors to the ASX in accordance with S205G (1) of the CorporationsThe auditors independence declaration is set out at page 51 and forms part of the directors report for the period ended 31 Act 2001, at the date of this report is as follows:December 2024. Ordinary DirectorsSharesOptions Mr D Murcia2,521,967- Mr D P Gordon7,642,8021,821,001 Mr B R Scarpelli1,595,823862,268 Mr M D Hancock1,512,254- Mr C A Banasik2,100,001- Dr N Streltsova235,000- 12Share OptionsAt the date of this report unissued ordinary shares of the Company under unlisted option are: OptionsTotal Number of Shares Expiry DateExercise PriceVestedUnvestedUnder Option 31/12/25-523,238-523,238 31/12/261,535,1641,535,164 31/12/273,901,8963,901,896 31/12/282,735,4962,735,496 523,2388,172,5568,695,794 13Indemnification and Insurance of Officers and AuditorsDuring the period, the Company paid insurance premiums to insure the directors and executive officers of the Group.The amount of premiums paid has not been disclosed due to confidentiality requirements under the contract of insurance. The liabilities insured are legal costs that may be incurred in defending civil or criminal proceedings that may be brought against directors and employees in their capacity as officers of entities in the Group, and any other payments arising from liabilities incurred by them in connection with such proceedings, other than where such liabilities arise out of conduct involving a willful breach of duty by the officers or the improper use by them of their position or of information to gain advantage for themselves or someone else or to cause detriment to the Group. Page 13 of 60Page 14 of 6038 ANNUAL REPORT CENTAURUS METALS LIMITED'