b'CENTAURUS METALS ANNUAL REPORT 2023Financial Report31 December 2023 Number ofFair value perFinancial Year Optionsoption at grant% Vest inin Which Grant IssuedGrant DateExpiry DateExercise Pricedate YearVests/Vested Directors Mr C A Banasik233,33431/05/1931/05/24$0.180$0.0952-2021 (1)400,00029/05/2031/05/24$0.405$0.1667100%2023 (1) Dr N Streltsova- Executives Mr R J Fitzhardinge369,74114/02/2031/12/23$0.000$0.1582100%2023 (2)98,67525/01/2131/12/24$0.000$0.7188-2024 (3) 98,67525/01/2131/12/24$0.000$0.6212-2024 (4)73,11725/03/2231/12/25$0.000$1.1485-2025 (5) 73,11725/03/2231/12/25$0.000$1.0496-2025 (6) 89,07016/02/2331/12/26$0.000$0.8491-2026 (7)89,07016/02/2331/12/26$0.000$0.6354-2026 (8) Mr J W Westdorp424,99014/02/2031/12/23$0.000$0.1582100%2023 (2)113,44025/01/2131/12/24$0.000$0.7188-2024 (3)113,44025/01/2131/12/24$0.000$0.6212-2024 (4)80,47523/03/2231/12/25$0.000$1.1485-2025 (5) 80,47523/03/2231/12/25$0.000$1.0496-2025 (6) 101,57216/02/2331/12/26$0.000$0.8491-2026 (7)101,57116/02/2331/12/26$0.000$0.6354-2026 (8) Mr W E Foote97,95513/07/2131/12/24$0.000$0.6900-2024 (3)97,95513/07/2131/12/24$0.000$0.5774-2024 (4)85,99323/03/2231/12/25$0.000$1.1485-2025 (5) 85,99323/03/2231/12/25$0.000$1.0496-2025 (6) 110,68716/02/2331/12/26$0.000$0.8491-2026 (7)110,68616/02/2331/12/26$0.000$0.6354-2026 (8)(1)Options were subject to the satisfaction of service conditions. (2)Options were subject to achievement of the relative TSR measure detailed in the 2020 Annual Report. (3)Options will vest subject to achievement of the relative TSR measure as detailed in the 2021 Annual Report. Refer to details in Section 15.8.1 for options which vested subsequent to year end.(4)Options will vest subject to the achievement of the absolute TSR measure as detailed in the 2021 Annual Report. Refer to details in Section 15.8.1 for options which lapsed subsequent to year end.(5)Options will vest subject to achievement of the relative TSR measure detailed in the 2022 Annual Report.(6)Options will vest subject to achievement of the absolute TSR measure as detailed in the 2022 Annual Report.(7)Options will vest subject to achievement of the relative TSR measure detailed in Section 15.2.3.(8)Options will vest subject to the achievement of the absolute TSR measure detailed in Section 15.2.3.15.8.3 Options Over Equity Instruments Granted as Compensation The movement during the reporting period, by number of options over ordinary shares in Centaurus Metals Limited held, directly, indirectly and beneficially, by each KMP, including their related parties, is as follows: Vested and Held 31VestedExercisable Held 1DecemberDuring the31 December January 2023 ExercisedGrantedForfeited (1)2023 Period2023 Directors Mr D M Murcia1,200,000(600,000)600,000600,000600,000 Mr D P Gordon2,599,631(841,479)462,714(841,479)1,379,387841,479- Mr B R Scarpelli1,029,790(339,992)226,061(339,991)575,868339,992- Mr M D Hancock800,000(400,000)400,000400,000400,000 Mr C A Banasik1,150,001(516,667)633,334400,000633,334 Dr N Streltsova- Executives Mr R J Fitzhardinge 1,083,066(334,791)178,140(404,691)521,724334,791- Mr J W Westdorp1,237,808(424,990)203,143(424,989)590,972424,990- Mr W E Foote367,896-221,373-589,269 (1)Relates to options issued in 2020 which lapsed during the year. Page 21 of 54 ANNUAL REPORT CENTAURUS METALS LIMITED CENTAURUS METALS LIMITED ANNUAL REPORT 4948'