Ann: Appointment of Mr Stephen Thompson as Executive Director, page-43

Good to see George and Stephen commencing with KTD. They are well connected and have a track record of success in the past business endevours.

I am pretty dissapointed that the options were issued with a strike price of 50c which is in the money considering the prior SP was around ~60c.

Our new executives have not worked to deliver an outcome for BDA to earn these in the money options. Also not pleased with a non tiered options issue to them.

Considering this, our executives should buy BDA shares on market to show their commitment and confidence to the market.

A better performance incentive aligned to shareholders would have been a higher intial option exercise and a tiered options plans. 60c, 80c, 100c, 120c strike prices.