Red Bubble Annual Report 2022

7.2 NED Remuneration for the year ended 30 June 2022(1) Short term benefits Postemployment benefits Share-based payments Non-executive directors Director Fees(2) $ Superannuation $ Share options (Time based)(3) $ Total $ Ben Heap 2022 143,322 14,332 - 157,654 2021 116,473 11,065 - 127,538 Martin Hosking(4) 2022 - - - - 2021 - - - - Greg Lockwood(5) 2022 - - - - 2021 - - - - Jenny Macdonald 2022 143,322 14,332 - 157,654 2021 115,025 - 17,642 132,667 Anne Ward 2022 237,759 23,776 - 261,535 2021 201,275 19,121 17,642 238,038 Total 2022 524,403 52,440 - 576,843 2021 432,773 30,186 35,284 498,243 (1) The NED remuneration table has been prepared in accordance with Australian Accounting Standards and Section 300A of the Corporations Act 2001 (Cth). (2) Effective 1 November 2020 all Board fees are paid in cash. (3) A mounts disclosed reflect the value of remuneration from options granted in FY20 that vested in FY21. The fair value of options is ascertained using Black-Scholes model. (4) M artin Hosking resigned as CEO on 27 January 2021 and resumed as a non-executive director at this time. The remuneration shown in this table is for his services as a non-executive director only. In FY21 and FY22, Mr Hosking did not accept remuneration as a non-executive director. (5) G reg Lockwood is a partner with Piton Capital, a private equity firm with a shareholding in Redbubble Ltd. Mr Lockwood receives no remuneration from the Group, in accordance with Piton Capital’s policy that their partners do not accept remuneration for external board positions. 8. Other Information 8.1 Minimum Shareholding Expectation The Board has set minimum shareholding expectations for the Directors and Executives to promote alignment between their interests and those of shareholders. In the case of Executives, the design of the RECM ensures that all Executives progressively acquire shares or other equity instruments, so that they are aligned in building long-term value for shareholders. The RECM operates to ensure that over time the Executives will acquire an equity exposure equal to or greater in value than 100% of their annual base salaries. In the case of NEDs, who are paid entirely in cash and do not participate in any incentive program, the Board has introduced a minimum shareholding expectation. NEDs are expected to progressively acquire shares over a three-year period from the date of their appointment (or, for existing directors, within three years from the 1 November 2020 commencement of this requirement) and within this timeframe are expected to hold shares equal in value to their annual base fees at the time of their appointment. Direct and indirect shares and equity instruments (such as RSUs, ZPOs and SARs) count towards this minimum shareholding target. 8.2 Options and Share Appreciation Rights The tables below disclose the number of share options and share appreciation rights granted, exercised, vested or forfeited during the year. Option holdings Share options do not carry any voting or dividend rights, and can only be exercised once the vesting conditions have been met, until their expiry date. 2022 Balance at the start of the year Granted during the year as compensation Exercised during the year Cancelled during the year Expired during the year Balance at the end of the year Vested and exercisable at the end of the year Unvested at the end of the year Vested during the year Non-executive directors Greg Lockwood - - - - - - - - - Jenny Macdonald 47,509 - 47,509 - - - - - - Anne Ward 50,714 - - - - 50,714 50,714 - - Ben Heap - - - - - - - - - Martin Hosking 26,832 - 26,832 - - - - - - Chief executive officer Michael Ilczynski 49,388 95,502 - - - 144,890 49,388 95,502 49,388 Other executive KMP Emma Clark 53,411 55,331 53,411 - - 55,331 - 55,331 53,411 Total 227,854 150,833 127,752 - - 250,935 100,102 150,833 102,799 Share Appreciation Rights holdings Share appreciation rights do not carry any voting or dividend rights, and can only be exercised once the vesting conditions have been met, until their expiry date. 2022 Balance at the start of the year Granted during the year as compensation Exercised during the year Cancelled during the year Balance at the end of the year Vested and exercisable at the end of the year Unvested at the end of the year Vested during the year Chief executive officer Michael Ilczynski 159,854 306,654 - - 466,508 - 466,508 - Other executive KMP Emma Clark 1,152,683 177,668 - - 1,330,351 978,298 352,053 - Total 1,312,537 484,322 - - 1,796,859 978,298 818,561 - Remuneration Report (audited) continued 53 Redbubble – Annual Report 2022 52 Redbubble – Annual Report 2022

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