b'Centaurus Metals Limited and its controlled entities CENTAURUS METALS ANNUAL REPORT 2024Financial Report 31 December 2024Non-Executive Directors may be granted options from time to time to provide a meaningful additional incentive for their ongoing commitment and dedication to the continued growth of the Group and to assist the Company in attracting and retaining the highest calibre of Non-Executive Director, whilst maintaining the Groups cash reserves. There were no options granted or issued to Non-Executive Directors in the current period, with the cost reported in 2023 relating to prior period issues which were progressively vesting. Refer to Section 16.8 for options issued during prior periods. Prior to issuing incentives the Board considers whether the issue is reasonable in the circumstances.16.5Key Management Personnel and Director Transactions No loans have been made to directors or other key management personnel of Centaurus Metals Limited or the Group or to any of their related parties. KMP or their related parties, hold positions in other entities that result in them having control or significant influence over the financial or operating policies of these entities. Two of these entities transacted with the Group in the reporting period. The terms and conditions of the transactions with KMP and their related parties were no more favourable than those available, or which might reasonably be expected to be available, on similar transactions to non-key management personnel related entities on an arms length basis. The aggregate value of transactions and outstanding balances relating to KMP and entities over which they have control or significant influence were as follows: Transaction ValueBalance Outstanding Key Management Person Transaction2024 $2023 $2024 $2023 $ Mr D M Murcia(1)Legal fees38,43974,053-11,082 Dr N Streltsova(2)Technical Consul]ng55,00035,00010,000- Mr B R Scarpelli(3)Legal fees19,599- (1)Payable to MPH Lawyers, a firm in which Mr Murica is a partner.(2)Payable to Vintage94 Pty Ltd, a company of which Dr Streltsova is a director.(3)Payable to Aida Carolina Campos Menzes Scarpelli, a related party of Mr B R Scarpelli.16.6Performance Based RemunerationSubsequent to the end of the period, the Board assessed the achievement of objectives under the STI Plan resulting in the payments noted below. There was no increase in the target STI levels (as a percentage of TFR) for any KMP during the period. Target STI (%Target FY24 STISTI QuantumSTI Quantum Executiveof TFR)Quantum $Earned $Forfeited $ Mr D P Gordon50%274,50098,820175,680 Mr B S Scarpelli45%172,42262,072110,350 Mr W E Foote40%175,10063,036112,064 Mr J W Westdorp40%160,68057,845102,835 Mr R J Fitzhardinge40%112,72340,58072,143Page 19 of 6044 ANNUAL REPORT CENTAURUS METALS LIMITED'