First Graphene Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Mike Bell

Chief executive officer

AU$596.3k

Total compensation

CEO salary percentage	64.0%
CEO tenure	3.3yrs
CEO ownership	0.4%
Management average tenure	no data
Board average tenure	3.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Bell's remuneration changed compared to First Graphene's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$5m
Sep 30 2023	n/a	n/a	-AU$5m
Jun 30 2023	AU$596k	AU$381k	-AU$5m
Mar 31 2023	n/a	n/a	-AU$6m
Dec 31 2022	n/a	n/a	-AU$6m
Sep 30 2022	n/a	n/a	-AU$6m
Jun 30 2022	AU$665k	AU$383k	-AU$5m
Mar 31 2022	n/a	n/a	-AU$6m
Dec 31 2021	n/a	n/a	-AU$7m
Sep 30 2021	n/a	n/a	-AU$7m
Jun 30 2021	AU$539k	AU$152k	-AU$6m

Compensation vs Market: Mike's total compensation ($USD388.57K) is about average for companies of similar size in the German market ($USD406.04K).

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

CEO

Mike Bell

3.3yrs

Tenure

AU$596,298

Compensation

Mr. Michael Bell, also known as Mike, serves as the Managing Director and Director of First Graphene Limited since July 1, 2021. He is Chief Executive Officer of First Graphene Limited since January 11, 20...

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Bell	MD, CEO & Director	2.8yrs	AU$596.30k	0.44% A$ 103.2k
Andrew Goodwin	Senior Scientific Advisor & Non Executive Director	3.8yrs	AU$75.50k	0.28% A$ 66.6k
Michael Quinert	Non-Executive Director	3.1yrs	AU$41.24k	0.060% A$ 14.1k
Warwick Grigor	Non-Executive Chairman	8.3yrs	AU$144.50k	0.47% A$ 110.0k

3.4yrs

Average Tenure

Experienced Board: M11's board of directors are considered experienced (3.4 years average tenure).

First Graphene Management

Management criteria checks 3/4

Key information

Recent management updates

First Graphene Limited, Annual General Meeting, Nov 20, 2023

No independent directors

First Graphene Limited, Annual General Meeting, Oct 17, 2022

No independent directors

First Graphene Limited Announces Resignation of Peter Youd as Director

Mike Bell, Recently Appoints Chief Executive Officer of First Graphene Limited Now Commences in Full-Time Capacity

Recent updates

First Graphene Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.

First Graphene Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.

Full year 2023 earnings released: AU$0.009 loss per share (vs AU$0.009 loss in FY 2022)

First Graphene Limited, Annual General Meeting, Nov 20, 2023

Full year 2023 earnings released: AU$0.01 loss per share (vs AU$0.009 loss in FY 2022)

New minor risk - Financial data availability

First half 2023 earnings released: AU$0.006 loss per share (vs AU$0.005 loss in 1H 2022)

No independent directors

First Graphene Limited's Paper Confirms PureGRAPH Benefits in Wastewater Concrete

First Graphene Limited Announces Cement and Concrete CO2 Solutions Gain Traction

First Graphene Limited Announces Cement and Concrete CO2 Solutions Gain Traction

Full year 2022 earnings released: AU$0.009 loss per share (vs AU$0.012 loss in FY 2021)

First Graphene Limited, Annual General Meeting, Oct 17, 2022

First Graphene Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.

No independent directors

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

First Graphene Limited Secures an Additional Patent Within its Existing Hydrodynamic Cavitation Patent Family

First Graphene Limited Launches New Masterbatch PureGRAPH MB-EVA

Full year 2021 earnings released: AU$0.012 loss per share (vs AU$0.011 loss in FY 2020)

First Graphene Limited Launches PureGRAPH LDPE

First Graphene Limited Announces the Publication of A Scientific Paper Written by Researchers At the University of Adelaide

First Graphene Limited announced that it expects to receive AUD 5.3 million in funding from Specialty Materials Investments LLC

First Graphene Limited Announces the Release of its New PureGRAPH® AQUA Range of Graphene Additives

First Graphene Limited Enters Memorandum of Understanding with Gerdau S.A

First Graphene Limited Provides Results from Field Testing of PureGRAPH

First Graphene Limited Extends Commercial Relationship with planarTECH Holdings Limited

First half 2021 earnings released: AU$0.004 loss per share (vs AU$0.006 loss in 1H 2020)

First Graphene Limited Announces Resignation of Peter Youd as Director

Mike Bell, Recently Appoints Chief Executive Officer of First Graphene Limited Now Commences in Full-Time Capacity

New 90-day high: €0.22

First Graphene Limited Announces Executive Changes

Craig Mcguckin Announces Intention to Retire as Managing Director of First Graphene Limited

First Graphene Limited Announces Test Work with Ascent Shipwrights Confirms That PureGRAPH Significantly Improves FRP Boats

Full year earnings released - €0.011 loss per share

First Graphene Limited(ASX:FGR) dropped from S&P/ASX Emerging Companies Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure