Lexington Gold Management

Management criteria checks 4/4

Lexington Gold's CEO is Bernard Olivier, appointed in Jan 2020, has a tenure of 4.83 years. total yearly compensation is $109.00K, comprised of 79.4% salary and 20.6% bonuses, including company stock and options. directly owns 0.48% of the company’s shares, worth €73.83K. The average tenure of the management team and the board of directors is 8.2 years and 4.8 years respectively.

Key information

Bernard Olivier

Chief executive officer

US$109.0k

Total compensation

CEO salary percentage	79.4%
CEO tenure	4.8yrs
CEO ownership	0.5%
Management average tenure	8.2yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bernard Olivier's remuneration changed compared to Lexington Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$378k
Mar 31 2024	n/a	n/a	US$214k
Dec 31 2023	US$109k	US$87k	US$50k
Sep 30 2023	n/a	n/a	-US$454k
Jun 30 2023	n/a	n/a	-US$959k
Mar 31 2023	n/a	n/a	-US$941k
Dec 31 2022	US$121k	US$78k	-US$924k
Sep 30 2022	n/a	n/a	-US$922k
Jun 30 2022	n/a	n/a	-US$921k
Mar 31 2022	n/a	n/a	-US$971k
Dec 31 2021	US$168k	US$78k	-US$1m
Sep 30 2021	n/a	n/a	-US$994k
Jun 30 2021	n/a	n/a	-US$967k
Mar 31 2021	n/a	n/a	-US$839k
Dec 31 2020	US$91k	US$13k	-US$712k
Sep 30 2020	n/a	n/a	-US$594k
Jun 30 2020	n/a	n/a	-US$477k
Mar 31 2020	n/a	n/a	-US$479k
Dec 31 2019	n/a	n/a	-US$482k
Jun 30 2019	n/a	n/a	-US$172k
Mar 31 2019	n/a	n/a	-US$127k
Dec 31 2018	US$179k	US$16k	-US$83k
Jun 30 2018	n/a	n/a	-US$10k
Mar 31 2018	n/a	n/a	-US$429k
Dec 31 2017	US$220k	US$161k	-US$848k

Compensation vs Market: Bernard's total compensation ($USD109.00K) is below average for companies of similar size in the German market ($USD475.63K).

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

CEO

Bernard Olivier (48 yo)

4.8yrs

Tenure

US$109,000

Compensation

Dr. Bernard Olivier, BSc (Hons), Ph.D. serves as the Non Executive Director of Goldoz Limited (formerly known as New Energy Minerals Ltd) since November 18, 2020. He serves as Director and Chief Executive...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bernard Olivier	CEO & Director	4.8yrs	US$109.00k	0.48% € 73.8k
Louis Swart	Chief Financial Officer	11.6yrs	no data	no data
Laurence Read	Corporate Development & Communications Officer	no data	no data	no data
Suminda Galketiya	Head of Production Management & Rough Sales	8.2yrs	no data	no data
Mike Allardice	Group Company Secretary	no data	no data	no data

8.2yrs

Average Tenure

Experienced Management: XX40's management team is seasoned and experienced (8.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Bernard Olivier	CEO & Director	4.8yrs	US$109.00k	0.48% € 73.8k
Rhoderick John Grivas	Non-Executive Director	4yrs	US$41.25k	1.05% € 162.6k
Melissa Sturgess	Independent Non-Executive Director	4.8yrs	US$22.50k	0.089% € 13.8k
Edward Gerard Nealon	Non Executive Chairman	20.3yrs	US$36.00k	2.12% € 328.9k

4.8yrs

Average Tenure

58yo

Average Age

Experienced Board: XX40's board of directors are considered experienced (4.8 years average tenure).

Lexington Gold Management

Management criteria checks 4/4

Key information

Recent management updates

Lexington Gold Ltd, Annual General Meeting, Mar 04, 2024

Less than half of directors are independent

Lexington Gold Ltd, Annual General Meeting, Jul 11, 2022

Less than half of directors are independent

Recent updates

Lexington Gold Limited Announces Assay Results from the Recent Gold Exploration Drill Programme at Its Jennings-Pioneer Project, Located in South Carolina, USA

New minor risk - Share price stability

Lexington Gold Ltd Announces Results from the Recent Drilling Programme At Its Bothaville Ne Project, Located in the Free State Province, South Africa

Lexington Gold Ltd Announces the Gold, Silver and Copper Exploration Drill Programme At Its Jennings-Pioneer Project in South Carolina, USA

Lexington Gold Provides Operational Update on its Drill Programmes aAt Both the Jennings-Pioneer Project in the USA and the Bothaville Project in South Africa

New minor risk - Financial data availability

Lexington Gold Limited Signs Drilling Contract with Logan Drilling Group to Commence Its 2024 Drilling Programme At the Jennings-Pioneer Project on the Carolina Slate Belt, Usa

Lexington Gold Limited Provides Further Update on its 2023/24 Drilling Programme at the Bothaville Project Located in the Witwatersrand Gold Basin, South Africa

Lexington Gold Ltd, Annual General Meeting, Mar 04, 2024

Lexington Gold Limited Provides an Update on its 2023/24 Drilling Programme at the Bothaville Project in the Witwatersrand Gold Basin, South Africa

Lexington Gold Limited Announces Commencement of South African Drilling Programme

New minor risk - Share price stability

Letsema Consulting & Advisory Pty Ltd acquired 26% stake in White Rivers Exploration Pty Ltd. from Lexington Gold Ltd (AIM:LEX).

Lexington Gold Ltd (AIM:LEX) completed the acquisition of 76% stake in White Rivers Exploration Pty Limited.

Lexington Gold Limited Announces Assay Results Receives in Respect of the Completed Surface Exploration and Trenching Sampling Programme At Its Argo Project

New major risk - Share price stability

Lexington Gold Ltd (AIM:LEX) entered into an agreement to acquire 76% stake in White Rivers Exploration Pty Limited.

Lexington Gold Provides an Operational Update in Respect of its Jennings-Pioneer and Argo Gold Projects in the USA

Lexington Gold Announces an Operational Update in Respect of its Four Gold Projects in the USA

Less than half of directors are independent

Lexington Gold Ltd has completed a Follow-on Equity Offering in the amount of £0.5 million.

Lexington Gold Ltd has completed a Follow-on Equity Offering in the amount of £0.5 million.

Lexington Gold Announce Jones-Keystone Project 1m Sample Re-Splits Verify High-Grade, Shallow Intercepts of Up to 7.5 g/t Au

Lexington Gold Ltd Announces Exceptional Assay Results from Jones-Keystone

Lexington Gold Ltd, Annual General Meeting, Jul 11, 2022

Lexington Gold Ltd Receives Remaining Drill Results for Loflin

Less than half of directors are independent

Lexington Gold Receives Initial Assay Results with Respect to Loflin Further to the Company's Recently Completed 5,000M Reverse Circulation Drilling Programme

Lexington Gold Ltd Announces Rc Drilling Programme Completed on the Loflin Side of JKL

Lexington Gold Announces Assay Results Received in Respect of the First 11 Drill Holes from the Company's Reverse Circulation Drilling Programme At Its Carolina Belle Project

Lexington Gold Provides an Operational Update Which Includes Information with Respect to Its Latest Ongoing 5,000M Reverse Circulation Drilling Programme

Lexington Gold Provides Operational Update

Lexington Gold Provides Drilling Updates

Lexington Gold Ltd Announces Maiden JORC Resource Estimate for the JKL Project

Lexington Gold Ltd Revises Scheduling for 5,000M Drilling Campaign

Lexington Gold Ltd Provides Operational Update

Lexington Gold Announces the Assay Results Received in Respect of Its Recently Completed Surface Exploration Sampling Programme At the Carolina Belle Project

Lexington Gold Provides Update on Its Ongoing Operational Activities

Lexington Gold Ltd Announces Final Phase 1 Drill Campaign Results for JKL

Lexington Gold Ltd Announces Initial Phase 1 Drill Results for JKL

Lexington Gold Ltd Announces Additional Exploration Rights for Jkl Project

Lexington Gold Announces That Drilling Operations Have Commenced at Its Jones-Keystone-Loflin Project

Lexington Gold Ltd Announces an Update on Its Ongoing Operational Activities

Lexington Gold Ltd Completes Helicopter-Borne Versatile Time Domain Electromagnetics and Horizontal Magnetic Gradiometer Geophysical Survey At Jennings- Pioneer Project

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age