Meteoric Resources Management

Management criteria checks 2/4

Meteoric Resources' CEO is Nick Holthouse, appointed in Apr 2023, has a tenure of 1.58 years. total yearly compensation is A$1.06M, comprised of 36.5% salary and 63.5% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth A$499.32K. The average tenure of the management team and the board of directors is 3.4 years and 3.3 years respectively.

Key information

Nick Holthouse

Chief executive officer

AU$1.1m

Total compensation

CEO salary percentage	36.5%
CEO tenure	1.6yrs
CEO ownership	0.2%
Management average tenure	3.4yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nick Holthouse's remuneration changed compared to Meteoric Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$1m	AU$387k	-AU$45m
Mar 31 2024	n/a	n/a	-AU$53m
Dec 31 2023	n/a	n/a	-AU$60m
Sep 30 2023	n/a	n/a	-AU$49m
Jun 30 2023	AU$1m	AU$72k	-AU$38m

Compensation vs Market: Nick's total compensation ($USD688.35K) is above average for companies of similar size in the Australian market ($USD297.81K).

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

CEO

Nick Holthouse

1.6yrs

Tenure

AU$1,059,226

Compensation

Mr. Nicholas Holthouse, also known as Nick, is Chief Executive Officer of Meteoric Resources NL from April 11, 2023. Mr. Holthouse joined the Meteoric Resources NL in March 2023. He held the positions of C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andrew Tunks	Executive Chairman	6.8yrs	AU$805.30k	1.81% A$ 4.1m
Nicholas Holthouse	Chief Executive Officer	1.6yrs	AU$1.06m	0.22% A$ 499.3k
Stuart Gale	Chief Financial Officer	less than a year	AU$746.51k	0.054% A$ 122.5k
Peter Sheehan	Chief Operating Officer	5.8yrs	AU$816.36k	0.39% A$ 876.4k
Paul Kitto	Non-Executive Technical Director	5.1yrs	AU$287.25k	0.65% A$ 1.5m
Marcelo de Carvalho	Chief Geologist & Executive Director	1.8yrs	AU$699.91k	0.22% A$ 490.0k
Declan Hyde	Chief General Counsel	no data	no data	no data
Matthew Foy	Company Secretary	6.8yrs	no data	no data

3.4yrs

Average Tenure

Experienced Management: MEI's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andrew Tunks	Executive Chairman	6.8yrs	AU$805.30k	1.81% A$ 4.1m
Paul Kitto	Non-Executive Technical Director	5.1yrs	AU$287.25k	0.65% A$ 1.5m
Marcelo de Carvalho	Chief Geologist & Executive Director	3.3yrs	AU$699.91k	0.22% A$ 490.0k
Peter Gundy	Non-Executive Director	less than a year	AU$253.81k	0.024% A$ 54.1k
Naomi Prins	Non-Executive Director	less than a year	AU$27.83k	0.0063% A$ 14.1k

3.3yrs

Average Tenure

67yo

Average Age

Experienced Board: MEI's board of directors are considered experienced (3.3 years average tenure).

Meteoric Resources Management

Management criteria checks 2/4

Key information

Recent management updates

Meteoric Resources NL Appoints Stuart Gale as Director

Meteoric Resources NL, Annual General Meeting, Oct 22, 2024

Executive Chairman recently bought AU$51k worth of stock

Meteoric Resources NL, Annual General Meeting, Nov 17, 2023

Executive Chairman exercised options and sold AU$881k worth of stock

Non-Executive Technical Director recently bought AU$253k worth of stock

Recent updates

Meteoric Resources NL Appoints Stuart Gale as Director

WIN Metals Ltd (ASX:WIN) completed the acquisition of Palm Springs Gold Project from Meteoric Resources NL (ASX:MEI) for AUD 5 million.

Meteoric Resources NL has completed a Follow-on Equity Offering in the amount of AUD 0.42005 million.

WIN Metals Ltd (ASX:WIN) signed a tenement sale agreement to acquire Palm Springs Gold Project from Meteoric Resources NL (ASX:MEI) for AUD 5 million.

Meteoric Resources NL, Annual General Meeting, Oct 22, 2024

New minor risk - Share price stability

Price target decreased by 9.9% to AU$0.40

Meteoric Resources NL has filed a Follow-on Equity Offering in the amount of AUD 5 million.

Meteoric Resources NL has filed a Follow-on Equity Offering in the amount of AUD 5 million.

Price target decreased by 7.5% to AU$0.45

Executive Chairman recently bought AU$51k worth of stock

New major risk - Financial position

Meteoric Resources NL, Annual General Meeting, Nov 17, 2023

New major risk - Revenue and earnings growth

Executive Chairman exercised options and sold AU$881k worth of stock

Meteoric Resources NL Announces Caldeira Project Drilling to Commence

Non-Executive Technical Director recently bought AU$253k worth of stock

Meteoric Resources NL acquired Caldeira Project in Brazil.

Meteoric Resources NL acquired Caldeira Project in Brazil.

Meteoric Resources NL Completes Drilling Program At Palm Springs

Meteoric Resources NL Announces Resignation of Shastri Ramnath as Non- Executive Director

No independent directors

Meteoric Resources NL Announces Drilling Underway at Palm Springs, WA

Keystone Resources Ltd completed the acquisition of Juruena Gold Project from Meteoric Resources NL (ASX:MEI).

Meteoric Resources NL, Annual General Meeting, Nov 23, 2022

Meteoric Resources NL Announces Results from Induced Polarisation Survey for Its Palm Springs Gold Project

Meteoric Resources NL Announces Field Season Commences at Palm Springs Gold Project

Keystone Resources Ltd has executed a legally binding Agreement to acquire Juruena Gold Project from Meteoric Resources NL (ASX:MEI) for $22 million.

No independent directors

Meteoric Resources NL Announces Confirmation of Exceptional Gold Recoveries at Butchers Creek

Meteoric Resources NL Announces the Initial Results of Metallurgical Test Work Carried Out on Recently Drilled Core from the Sulphide Zone At the Butchers Creek Deposit

Meteoric Resources NL Provides Update in Thick Gold Mineralised Zones At Butchers Creek

Meteoric Resources NL Provides an Update Regarding its Ongoing Drilling for Porphyry Copper Targets At the Juruena Project in Brazil

Meteoric Announces Drilling Updates

Meteoric Resources Nl Announces Significant Increase in Juruena Resource

Meteoric Resources NL Announces Maiden Mineral Resource Estimate for the Palm Springs Gold Project

Meteoric Resources Nl Announces Juruena Deep Drilling Confirms Porphyry System

Meteoric Resources NL Announces Update on 2021 Exploration Drilling Program At Palm Springs

Meteoric Resources NL Announces Porphyry Drilling Update, Juruena Project, Brazil

Meteoric Resources Announces to Recommence Drilling At Juruena Project by Next Week

Meteoric Resources Announces Deep Drilling Reaches Top of Copper Gold Porphyry Target

Meteoric Resources NL Announces Palm Springs Gold Project, Western Australia

Meteoric Resources NL Announces Commencement of Deep Drilling on Copper-Gold Porphyry Target

Meteoric Resources Nl Announces Outstanding Final Assays Extend Palm Springs Continuity

Meteoric Resources Nl Announces Plans to Commence its 2021 Brazilian Drilling Program

Meteoric Resources NL announced that it expects to receive AUD 4 million in funding

Rafaella Resources Limited (ASX:RFR) completed the acquisition of Midrim and LaForce projects from Meteoric Resources NL (ASX:MEI).

Meteoric Resources NL Updates Juruena Delivers More Bonanza Gold Above 90g/t Au

Rafaella Resources Limited (ASX:RFR) entered into an agreement to acquire Midrim and LaForce projects from Meteoric Resources NL (ASX:MEI) for AUD 0.86 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age