Tempest Minerals Management

Management criteria checks 4/4

Tempest Minerals' CEO is Don Smith, appointed in Apr 2020, has a tenure of 4.08 years. total yearly compensation is A$240.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.55% of the company’s shares, worth A$119.15K. The average tenure of the management team and the board of directors is 4.4 years and 4.5 years respectively.

Key information

Don Smith

Chief executive officer

AU$240.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	4.1yrs
CEO ownership	2.6%
Management average tenure	4.4yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

We Think Tempest Minerals (ASX:TEM) Needs To Drive Business Growth Carefully

Mar 29

CEO Compensation Analysis

How has Don Smith's remuneration changed compared to Tempest Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$1m
Sep 30 2023	n/a	n/a	-AU$1m
Jun 30 2023	AU$240k	AU$240k	-AU$1m
Mar 31 2023	n/a	n/a	-AU$923k
Dec 31 2022	n/a	n/a	-AU$777k
Sep 30 2022	n/a	n/a	-AU$865k
Jun 30 2022	AU$292k	AU$240k	-AU$954k
Mar 31 2022	n/a	n/a	-AU$786k
Dec 31 2021	n/a	n/a	-AU$619k
Sep 30 2021	n/a	n/a	-AU$677k
Jun 30 2021	AU$287k	AU$240k	-AU$734k
Mar 31 2021	n/a	n/a	-AU$959k
Dec 31 2020	n/a	n/a	-AU$1m
Sep 30 2020	n/a	n/a	-AU$1m
Jun 30 2020	AU$215k	AU$54k	-AU$2m

Compensation vs Market: Don's total compensation ($USD156.83K) is below average for companies of similar size in the Australian market ($USD292.20K).

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

CEO

Don Smith

4.1yrs

Tenure

AU$240,000

Compensation

Mr. Donald Charles Smith, BSc, MBA, MAusIMM, MAIG, also known as Don, serves as Non-Executive Director at Tempest Minerals Limited (formerly known as Lithium Consolidated Limited) since January 10, 2020. H...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Donald Smith	MD, CEO & Director	4.1yrs	AU$240.00k	2.55% A$ 119.2k
Damien Reynolds	Founder & Business Development Consultant	no data	AU$64.00k	no data
Paul Jurman	CFO & Company Secretary	4.4yrs	no data	no data
Sally Bevington	Exploration Manager	5.3yrs	no data	no data

4.4yrs

Average Tenure

Experienced Management: TEM's management team is considered experienced (4.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Donald Smith	MD, CEO & Director	4.3yrs	AU$240.00k	2.55% A$ 119.2k
Brian Moller	Non-Executive Chairman	7.6yrs	AU$60.00k	0.27% A$ 12.5k
Alistair Waddell	Member of Advisory Board	no data	no data	no data
Andrew Haythorpe	Independent Non-Executive Director	4.6yrs	AU$40.00k	0.12% A$ 5.8k
Andrew Johnstone	Member of Advisory Board	no data	no data	no data
John Williamson	Member of Advisory Board	no data	no data	no data
Owen Burchell	Non-Executive Director	4.3yrs	AU$40.00k	2.38% A$ 111.4k

4.5yrs

Average Tenure

54.5yo

Average Age

Experienced Board: TEM's board of directors are considered experienced (4.5 years average tenure).

Tempest Minerals Management

Management criteria checks 4/4

Key information

Recent management updates

Tempest Minerals Limited, Annual General Meeting, Nov 24, 2023

Less than half of directors are independent

Tempest Minerals Limited, Annual General Meeting, Nov 30, 2022

Less than half of directors are independent

Recent updates

New minor risk - Shareholder dilution

Tempest Minerals Limited (ASX:TEM) acquired 80% stake in Elephant Project from Mac3 Pty Ltd.

Tempest Minerals Limited, Annual General Meeting, Nov 24, 2023

New major risk - Financial position

Tempest Minerals Limited (ASX:TEM) completed the acquisition of Exploration licence 69/3884 from Mac3 Pty Ltd.

Tempest Minerals Limited (ASX:TEM) agreed to acquire 80% stake in Elephant Project from Mac3 Pty Ltd for AUD 0.1 million.

Tempest Minerals Limited (ASX:TEM) agreed to acquire 80% stake in Elephant Project from Mac3 Pty Ltd for AUD 0.1 million.

Tempest Minerals Limited (ASX:TEM) entered into an agreement to acquire Exploration licence 69/3884 from Mac3 Pty Ltd for AUD 0.1 million.

New major risk - Share price stability

Tempest Minerals Limited (ASX:TEM) agreed to acquire Exploration Licence E59/2493 from Darren McAulay for AUD 0.04 million.

Tempest Minerals Limited Receives Assay Results from Drilling Completed in Late 2022 At the Meleya Project

Tempest Minerals Limited Announces the Completion of Drilling for 2022 At the Meleya Project

Less than half of directors are independent

Tempest Minerals Limited Updates Progression of Continued Drilling at the Meleya Project and Clover Target

Tempest Minerals Limited Announces Master Drilling Completion

Tempest Minerals Limited, Annual General Meeting, Nov 30, 2022

Tempest Minerals Ltd Announces Completion of Regional EPR Surveys Across Its Yalgoo and Mt Magnet Projects

Tempest Minerals Ltd Completes Down Hole Electromagnetic Survey At Orion WARDH72 and WARDH73 Drill Holes

Tempest Minerals Ltd Announces Meleya Update - Drilling Commences at Master

Tempest Minerals Ltd Announces Meleya Update - Drilling Commences at Master

Tempest Minerals Limited (ASX:TEM) agreed to acquire Portfolio Of Assets Of Lole from Lole Mining Limited for AUD25.7 million.

Tempest Minerals Ltd Announces Initial Assay Results for Drillhole WARDH72 and Completion of a Downhole Electromagnetic Survey at the Orion Target

Tempest Minerals Ltd Updates the Market on Drilling Results from the Euro Project and Assays Confirm the Prospectivity of the Calais Target Area Where Tempest Have Identified A Mineralized Corridor At Least 1Km in Strike Length

Tempest Minerals Ltd Updates the Market on Exploration at its Rocky Hill Project

Less than half of directors are independent

Tempest Minerals Ltd Updates on the Progress of Drilling At the Company's 100% Owned Meleya Project

We Think Tempest Minerals (ASX:TEM) Needs To Drive Business Growth Carefully

Tempest Minerals Limited Announces Meleya Update - Significant Discovery at Orion Target

Tempest Minerals Limited Commences Drilling At Meleya Project

Tempest Minerals Ltd Update the Market on Exploration At the Meleya Project

Tempest Minerals Limited Announces Further Sulphides Within Broader Mineralised Corridor

Tempest Minerals Limited Informs Commencement of Work at the Company's 100% Owned Rocky Hill Project

Tempest Minerals Limited Provides Market Update on the Drilling Progress at the Euro Project

Full year 2021 earnings released: AU$0.003 loss per share (vs AU$0.013 loss in FY 2020)

Tempest Minerals Limited announced that it has received AUD 0.391 million in funding

Tempest Minerals Limited announced that it expects to receive AUD 0.391 million in funding

First half 2021 earnings released: AU$0.002 loss per share (vs AU$0.009 loss in 1H 2020)

Tempest Minerals Ltd Commences Drilling at the Messenger Project

Tempest Minerals Ltd Provides Update of A New Extension to the Messenger Project

Tempest Minerals Limited Announces Messenger Exploration Update - High-Grade Drill Targets

Tempest Minerals Ltd Announces Exploration Update on Further Gold Intersected at Warriedar

Tempest Minerals Limited announced that it expects to receive AUD 1.155 million in funding

Tempest Minerals Limited to Commence Drilling At the Warriedar West Project

Full year earnings released - AU$0.013 loss per share

Lithium Consolidated Limited announced that it expects to receive AUD 0.176 million in funding

Lithium Consolidated Limited has completed a Follow-on Equity Offering in the amount of AUD 0.817949 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age