Siren Gold Limited Annual Report 2020

Operations Review Remuneration Report – Audited (continued) xi. Key Management Personnel Transactions The following table provides the total value of transactions which have been entered into with related parties for the relevant financial year exclusive of GST: Transaction value year ended Balance outstanding as at Key Management Personnel Transaction 31 December 2020 $ 31 December 2019 $ 31 December 2020 $ 31 December 2019 $ Brian Rodan Administration and marketing services 100,138 – 40,000 – Brian Rodan Underwriting and consulting services – 9,919 – – Paul Angus Consulting services 212,755 49,925 25,270 27,563 Anna Nahajski-Staples Advisory and consulting services – 43,044 – 3,933 End of Remuneration Report Options Unissued shares under option At the date of this report, the unissued ordinary shares of the Company under option (all of which are unlisted) are as follows: Grant Date Date of Expiry Exercise Price $ Number under Option 23 May 2018 30 Sep 2021 0.25 2,535,716 24 Jul 2018 30 Sep 2021 0.25 333,333 24 Dec 2018 15 Jan 2023 0.25 5,000,000 10 Jan 2019 11 Jan 2022 0.25 1,954,166 26 Aug 2020 26 Sep 2024 0.375 7,675,000 29 Sep 2020 26 Sep 2024 0.375 1,618,262 19,116,477 No person entitled to exercise an option has participated or has any right by virtue of the option to participate in any share issue of any other body corporate. For details of options issued to directors and executives as remuneration, refer to the remuneration report. Shares issued on exercise of options During the year ended 31 December 2020, the following ordinary shares were issued on the exercise of options granted. Grant Date Date of Expiry Exercise Price $ Number of Shares Issued 23 May 2018 30 Sep 2021 0.25 47,619 A further 849,999 shares have been issued since year-end on the conversion of unlisted options. No amounts are unpaid on any of the shares. Proceedings on behalf of the Company No person has applied for leave of Court to bring proceedings on behalf of the Company or intervene in any proceedings to which the Group is a party for the purpose of taking responsibility on behalf of the Group for all or any part of those proceedings. The Company was not a party to any such proceedings during the year. for the year ended 31 December 2020 Annual Report 2020 27