Urbanise.com Annual Report 2019

Annual Report 2019 Urbanise.com Limited Overview of company performance The table below sets out information about Urbanise.com Limited’s earnings and movements in shareholder wealth for the past five years up to and including the current financial year. 2019 2018 2017 2016 2015 Revenue ($m) 8.1 6.5 5.1 9.8 10.2 Sales revenue ($m) 8.1 5.4 4.7 8.3 9.2 Profit/(loss) after tax ($m) (4.8) (27.6) (36.2) (9.2) 0.7 EBITDA ($m) (3.5) (25.2) (31.5) (12.6) 2.1 Operating cash flow ($m) (2.5) (8.0) (8.8) (10.3) (5.5) Investing cash flow ($m) (0.7) (0.8) (15.3) (2.0) (1.9) Share price (cents) 0.03 0.03 0.05 0.48 1.19 Overview of non-executive director remuneration Urbanise.com Limited’s NED fee policy is designed to attract and retain high calibre directors who can discharge the roles and responsibilities required in terms of good governance, strong oversight, independence and objectivity. NEDs receive fees only and do not participate in any performance-related incentive awards. NED fees reflect the demands and responsibilities of the directors. The Remuneration Committee reviews NED remuneration annually against comparable companies. The Board may also consider advice from external advisors when undertaking the review process. NED fees consist of base fees. The Board fees payable to NEDs for FY19 was in a range of $36,000 to $60,000 per year (inclusive of superannuation). NEDs may be reimbursed for expenses reasonably incurred in attending to the Group’s affairs. Maximum aggregate NED fee pool NED fees are determined within an aggregate NED fee pool limit, which is periodically approved by shareholders. The maximum aggregate amount that may be paid to NEDs for their services is $250,000 during any financial year. The Board will not seek an increase to the aggregate NED fee pool limit at the 2019 AGM. Directors’ Report 26