ActivEX Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Mark Derriman

Chief executive officer

AU$91.8k

Total compensation

CEO salary percentage	100.0%
CEO tenure	6.3yrs
CEO ownership	n/a
Management average tenure	6.3yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Derriman's remuneration changed compared to ActivEX's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$880k
Sep 30 2023	n/a	n/a	-AU$932k
Jun 30 2023	AU$92k	AU$92k	-AU$984k
Mar 31 2023	n/a	n/a	-AU$1m
Dec 31 2022	n/a	n/a	-AU$1m
Sep 30 2022	n/a	n/a	-AU$2m
Jun 30 2022	AU$104k	AU$104k	-AU$2m
Mar 31 2022	n/a	n/a	-AU$2m
Dec 31 2021	n/a	n/a	-AU$2m
Sep 30 2021	n/a	n/a	-AU$1m
Jun 30 2021	AU$56k	AU$56k	-AU$669k
Mar 31 2021	n/a	n/a	-AU$1m
Dec 31 2020	n/a	n/a	-AU$2m
Sep 30 2020	n/a	n/a	-AU$2m
Jun 30 2020	AU$51k	AU$51k	-AU$2m
Mar 31 2020	n/a	n/a	-AU$1m
Dec 31 2019	n/a	n/a	-AU$852k
Sep 30 2019	n/a	n/a	-AU$818k
Jun 30 2019	AU$61k	AU$61k	-AU$785k
Mar 31 2019	n/a	n/a	-AU$669k
Dec 31 2018	n/a	n/a	-AU$552k
Sep 30 2018	n/a	n/a	-AU$601k
Jun 30 2018	AU$57k	AU$20k	-AU$649k

Compensation vs Market: Mark's total compensation ($USD59.99K) is below average for companies of similar size in the Australian market ($USD292.20K).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.

CEO

Mark Derriman

6.3yrs

Tenure

AU$91,800

Compensation

Mr. Mark Derriman, BSc (Hons), MappSc, MBA, MAIG RPGeo, AICD, serves as Managing Director at ActivEX Ltd., since February 22, 2018. Mr. Derriman served as the General Manager of ASF Resources Pty Ltd., a s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Derriman	MD & Executive Director	6.3yrs	AU$91.80k	no data
Xusheng Ke	Exploration Geologist	9.8yrs	no data	no data
Chi Yuen Kuan	Company Secretary	4yrs	no data	no data

6.3yrs

Average Tenure

Experienced Management: AIV's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Derriman	MD & Executive Director	6yrs	AU$91.80k	no data
Min Yang	Non-Executive Chairman	10.8yrs	no data	no data
Andrew Bald	Non-Executive Director	2.3yrs	AU$36.00k	no data
Geoffrey Baker	Non-Executive Director	6.8yrs	AU$36.00k	no data
Dongmei Ye	Independent Non-Executive Director	9.6yrs	AU$36.00k	no data

6.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: AIV's board of directors are considered experienced (6.8 years average tenure).

ActivEX Management

Management criteria checks 4/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

ActivEX Limited, Annual General Meeting, Nov 28, 2023

Less than half of directors are independent

Recent updates

Less than half of directors are independent

ASF Group Limited (ASX:AFA) agreed to acquire Activex Canning Pty Ltd from ActivEX Limited (ASX:AIV) for AUD 0.07 million.

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

ActivEX Limited, Annual General Meeting, Nov 28, 2023

Less than half of directors are independent

Less than half of directors are independent

Is ActivEX (ASX:AIV) Using Too Much Debt?

Less than half of directors are independent

Less than half of directors are independent

Activex Limited to Report Encouraging High Grade Gold and Base Metal Assays from Sampling Programs Undertaken At the Forsayth Tenement Within the Georgetown Projectlocated in North Queensland

Less than half of directors are independent

Less than half of directors are independent

ActivEX Limited Presents Results from a Soils and Rock Sampling Program at the Dividend Gully Prospect in North Queensland

ActivEX Limited, Annual General Meeting, Nov 28, 2022

Is ActivEX (ASX:AIV) Using Too Much Debt?

Full year 2022 earnings released: AU$0.01 loss per share (vs AU$0.004 loss in FY 2021)

ActivEX Limited Announces Drill-Program Update At Its Mt Hogan Gold Project

ActivEX Limited Provides Additional High Grade Shallow Gold Intercepts At Mt Hogan

ActivEX Limited Announces Resignation of Mr. Louis Chien as Alternate Director to Ms Min Yang

ActivEX Limited Intercepts High Grade Gold at Mount Hogan

ActivEX Limited Announces Lithium & Critical Metal Assays from Gilberton Project

ActivEX Limited Reports High Grade Gold Assays from Sampling Programs Undertaken At the Georgetown Project

Activex Limited Completes Gilberton Project Drilling

ActivEX Limited to Provide an Update on the LCT Sampling Program

ActivEX Limited Announces Critical Minerals Assays Received for Georgetown

Less than half of directors are independent

Is ActivEX (ASX:AIV) Using Too Much Debt?

Less than half of directors are independent

ActivEX Limited Completes Initial Surface Exploration At Georgetown Project

ActivEX Limited Announces Drilling to Commence at Gilberton Gold Project

First half 2022 earnings: Revenues and EPS in line with analyst expectations

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Activex Limited Announces Operations Update for the February 2022

Less than half of directors are independent

ActivEX Limited Appoints Andrew Bald as Non-Executive Director

ActivEX Limited Announces Results from Review of the Company's Earlier Rock Chip Sampling Programs At the Gilberton Gold Project

Less than half of directors are independent

Less than half of directors are independent

ActivEx Limited Announces Grant of Tenement in Queensland

ActivEX (ASX:AIV) Is Carrying A Fair Bit Of Debt

Full year 2021 earnings released: AU$0.004 loss per share (vs AU$0.009 loss in FY 2020)

Less than half of directors are independent

ActivEX Limited Announces Drilling Results from the Gilberton Gold Project

Less than half of directors are independent

ActivEX Limited Announces Gilberton Gold Project Drilling Completed

Activex Limited Commences Drilling At Gilberton Gold Project

ActivEX Limited Provides Operations Update of Exploration Activities

Does ActivEX (ASX:AIV) Have A Healthy Balance Sheet?

Lake Chandler Minerals Pty Ltd executed a sale and purchase agreement to acquire Tenement ML 77/22 located in Western Australia from ActivEX Limited (ASX:AIV) for AUD 0.3 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age