Azure Minerals Management

Management criteria checks 2/4

Azure Minerals' CEO is Tony Rovira, appointed in Dec 2003, has a tenure of 20.33 years. total yearly compensation is A$2.06M, comprised of 20.1% salary and 79.9% bonuses, including company stock and options. directly owns 1.42% of the company’s shares, worth A$22.21M. The average tenure of the management team and the board of directors is 17.4 years and 3.8 years respectively.

Key information

Tony Rovira

Chief executive officer

AU$2.1m

Total compensation

CEO salary percentage	20.1%
CEO tenure	20.3yrs
CEO ownership	1.4%
Management average tenure	17.4yrs
Board average tenure	3.8yrs

Recent management updates

Here's Why We Think Azure Minerals Limited's (ASX:AZS) CEO Compensation Looks Fair for the time being

Nov 08

Recent updates

Here's Why We Think Azure Minerals Limited's (ASX:AZS) CEO Compensation Looks Fair for the time being

Nov 08

We Think Shareholders Will Probably Be Generous With Azure Minerals Limited's (ASX:AZS) CEO Compensation

Nov 16

CEO Compensation Analysis

How has Tony Rovira's remuneration changed compared to Azure Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$50m
Sep 30 2023	n/a	n/a	-AU$39m
Jun 30 2023	AU$2m	AU$413k	-AU$29m
Mar 31 2023	n/a	n/a	-AU$23m
Dec 31 2022	n/a	n/a	-AU$17m
Sep 30 2022	n/a	n/a	-AU$18m
Jun 30 2022	AU$441k	AU$413k	-AU$18m
Dec 31 2021	n/a	n/a	-AU$18m
Sep 30 2021	n/a	n/a	-AU$17m
Jun 30 2021	AU$410k	AU$385k	-AU$16m
Mar 31 2021	n/a	n/a	-AU$14m
Dec 31 2020	n/a	n/a	-AU$11m
Sep 30 2020	n/a	n/a	-AU$8m
Jun 30 2020	AU$470k	AU$387k	-AU$6m
Mar 31 2020	n/a	n/a	-AU$7m
Dec 31 2019	n/a	n/a	-AU$9m
Sep 30 2019	n/a	n/a	-AU$9m
Jun 30 2019	AU$493k	AU$417k	-AU$10m
Mar 31 2019	n/a	n/a	-AU$9m
Dec 31 2018	n/a	n/a	-AU$8m
Sep 30 2018	n/a	n/a	-AU$9m
Jun 30 2018	AU$641k	AU$358k	-AU$9m
Mar 31 2018	n/a	n/a	-AU$8m
Dec 31 2017	n/a	n/a	-AU$7m
Sep 30 2017	n/a	n/a	-AU$7m
Jun 30 2017	AU$547k	AU$300k	-AU$7m

Compensation vs Market: Tony's total compensation ($USD1.35M) is above average for companies of similar size in the Australian market ($USD996.46K).

Compensation vs Earnings: Tony's compensation has increased whilst the company is unprofitable.

CEO

Tony Rovira

20.3yrs

Tenure

AU$2,058,592

Compensation

Mr. Anthony Paul Rovira, also known as Tony, B.Sc. (Geology), B.Sc. (Hons), MAusIMM, MAICD, has been the Executive Managing Director of Azure Minerals Limited (formerly known as Nickel Australia Limited) s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Anthony Rovira	Executive MD & Director	20.3yrs	AU$2.06m	1.42% A$ 22.2m
Brett Dickson	Company Secretary & CFO	17.4yrs	AU$601.02k	0.12% A$ 1.9m
Graham Leaver	Exploration Manager	4.3yrs	no data	no data

17.4yrs

Average Tenure

Experienced Management: AZS's management team is seasoned and experienced (17.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Anthony Rovira	Executive MD & Director	20.5yrs	AU$2.06m	1.42% A$ 22.2m
Hansjorg Plaggemars	Non-Executive Director	4.4yrs	AU$449.52k	0.19% A$ 3.0m
Brian Thomas	Independent Chairman of the Board	3.1yrs	AU$914.12k	0.36% A$ 5.6m
Hui Guo	Non-Executive Director	3.1yrs	AU$449.52k	0.22% A$ 3.4m

3.8yrs

Average Tenure

Experienced Board: AZS's board of directors are considered experienced (3.8 years average tenure).

Azure Minerals Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Non-Executive Director exercised options to buy AU$3.9m worth of stock.

Azure Minerals Limited, Annual General Meeting, Nov 30, 2023

Azure Minerals Limited, Annual General Meeting, Oct 06, 2023

Less than half of directors are independent

Here's Why We Think Azure Minerals Limited's (ASX:AZS) CEO Compensation Looks Fair for the time being

Recent updates

Less than half of directors are independent

Non-Executive Director exercised options to buy AU$3.9m worth of stock.

SQM Australia Pty Ltd entered an agreement to acquire Azure Minerals Limited (ASX:AZS) for AUD 1.5 billion

Azure Minerals Limited, Annual General Meeting, Nov 30, 2023

Price target decreased by 14% to AU$4.43

New major risk - Revenue and earnings growth

Azure Minerals Limited, Annual General Meeting, Oct 06, 2023

New minor risk - Share price stability

Azure Minerals Limited Announces Several Diamond Holes Drilled in Late 2022, Testing Nickel Targets on Andover Project

Azure Minerals Limited Announces to Deliver the Maiden Mineral Resource Estimate for the Ridgeline Deposit

Azure Minerals Limited Announces Outstanding Lithium Grades at Andover to Drive Quarter 1 Drilling

Azure Minerals Limited Announces Recently Completes the Next Stage of Gold Exploration At its 100%-Owned Barton Gold Project, Located in the World-Class Kookynie-Leonora-Laverton Gold Province of Western Australia's Eastern Goldfields

Azure Minerals Limited Announces Highest Grade Nickel Intersection to Date from Ridgeline

Less than half of directors are independent

Azure Minerals Limited Announces Lithium Exploration Update At Andover

Here's Why We Think Azure Minerals Limited's (ASX:AZS) CEO Compensation Looks Fair for the time being

Azure Minerals Limited Announces High Grade Assay Results Continue to Be Received from Drilling at the Ridgeline Ni-Cu-Co Sulphide Deposit

Azure Minerals Limited Announces High Grade Nickel and Copper on New Andover Tenements

Azure Minerals Limited Announces High Grade Lithium At Andover

Azure Minerals Limited Receives $220,000 Co-Funded Drilling Grant from WA Government

Azure Minerals Limited Announces the Identification of Numerous Lithium, Caesium and Tantalum (LCT) Pegmatites Within the Andover Project

Azure Minerals Limited and Croydon Gold Pty Ltd, Make Joint Applications for Two New Exploration Licences

Azure Minerals Limited, Annual General Meeting, Nov 15, 2022

Bendito Resources Inc. completed the acquisition of Azure Mexico Pty Ltd, Minera Piedra Azul S.A. de C.V., Minera Capitana S.A. de C.V. and Minera Tlali S.A.P.I. de C.V. from Azure Minerals Limited (ASX:AZS).

Azure Minerals Limited Announces Receives Further High-Grade Assay Results and Promising Visually Identified Mineralised Intersections

Bendito Resources Inc entered into an agreement to acquire Azure Mexico Pty Ltd, Minera Piedra Azul S.A. de C.V., Minera Capitana S.A. de C.V. and Minera Tlali S.A.P.I. de C.V. from Azure Minerals Limited (ASX:AZS) for AUD 20 million.

Azure Minerals Limited Provides Geology and Exploration Strategy Update for the Andover Project in the West Pilbara Region of Western Australia

Azure Minerals Limited Announces That Gold Mineralisation Intersected in Maiden Barton Drilling

Less than half of directors are independent

Azure Minerals Limited Announces Azure Delivers Maiden Mineral Resource for Andover

Azure Minerals Limited Announces High-Grade Results Continue from Andover Ni-Cu Deposit

Azure Minerals Limited Announces Commencement of Its Maiden Drilling Program at the Barton Gold Project

Azure Minerals Limited Announces Andover Drilling Continues to Deliver More Nickel & Copper Hits

Azure Minerals Limited Makes New Discovery at Andover

Executive MD exercised options to buy AU$163k worth of stock.

We Think Shareholders Will Probably Be Generous With Azure Minerals Limited's (ASX:AZS) CEO Compensation

Azure Minerals Limited Announces Some of High Grade Results Received to Date from Drilling At the VC-07 East Ni-Cu Deposit on the Andover Project

Azure Minerals Limited Advises the Barton Exploration Licence E40/393 (100% Azure)

Non-Executive Independent Director Peter Anthony Ingram has left the company

Non-Executive Independent Director recently bought AU$59k worth of stock

Azure Minerals Limited Announces Update on Seven More Holes Intersect Ni-Cu Sulphides At Andover

Azure Minerals Limited Announces Strategic Review of Mexican Assets

Azure Minerals Limited Announces Drilling in the Western Part of Andover Ni-Cu Project

Azure Minerals Limited Provides an Update on Ongoing Drilling Campaign At VC-07 Prospect At Andover Ni-Cu Project, Located in the West Pilbara Region of Western Australia

Azure Minerals Limited Announces Executive Changes

Azure Minerals Limited Announces Resignation of Wayne Bramwell as Director

Non-Executive Director has left the company

Azure Minerals Limited Provides Update on Ongoing Drilling Campaign at VC-07 Prospect at Andover Ni-Cu Project, Located in the West Pilbara Region of Western Australia

New 90-day low: AU$0.45

Azure Minerals Limited Announces the Ongoing Drilling Campaign

Azure Minerals Limited Reports Nickel-Copper Sulphides Intersected At Second Andover Prospect

Azure Minerals Limited Announces That Diamond Drilling Has Recommenced on the Andover Ni-Cu Project Located in the West Pilbara Region of Western Australia

Azure Minerals Limited Announces Andover Continues to Deliver Strong Nickel Results

Azure Minerals Limited Provides Andover Drilling Update

Executive MD exercised options to buy AU$495k worth of stock.

Non-Executive Independent Director exercised options to buy AU$830k worth of stock.

Azure Minerals Limited Reports Results of Andover Ni-Cu Project

Azure Minerals Limited Reports Assays from Its Maiden Drilling Program

New 90-day high: AU$0.52

Azure Minerals Limited Reports Second Andover Drill Hole Results At West Pilbara Region of Western Australia

Azure Minerals Limited Announces Executive Changes

Azure Minerals Limited's Drilling Intersects Massive Nickel Sulphides At Andover

New 90-day high: AU$0.23

Azure Minerals Limited Announces That Diamond Drilling Has Commenced on the Andover Nickel-Copper Project (60% Azure / 40% Creasy Group), Located in the West Pilbara Region of Western Australia

New 90-day high - AU$0.23

New 90-day high - AU$0.22

Azure Minerals Limited (ASX:AZS) entered into an exclusive and binding agreement to acquire Barton Gold Project from 30 Well Pty Ltd for AUD 0.2 million.

Azure Minerals Limited announced that it has received AUD 4 million in funding from Deutsche Balaton AG, Creasy Group Pty Ltd., Yandal Investments Pty Ltd, DELPHI Unternehmensberatung Aktiengesellschaft

Azure Minerals Limited (ASX:AZS) entered into Sale and Joint Venture Agreement to acquire 70% stake in Turner River, Meentheena and Coongan Gold Project from Croydon Gold Pty Ltd, Youanmi Metals Pty Ltd and Vaalbara Resources Pty Ltd fro AUD 2 million.