Icon Energy Limited Annual Report 2022

Directors' Report for the year ended 30 June 2022 24 DIRECTORS’ REPORT The Directors of Icon Energy Limited (“Icon Energy” or “the Company”) present their report together with the consolidated financial statements of the Company and its controlled entities ("the Group" or "the Consolidated Entity") for the financial year ended 30 June 2022 and the auditor’s report thereon. In order to comply with the provisions of the Corporations Act 2001, the Directors of Icon Energy report as follows: PRINCIPAL ACTIVITIES The principal activities of Icon Energy during the year included the exploration, appraisal and development of oil and gas properties. There were no significant changes in the nature of these activities during the year. DIRECTORS The Directors of the Company who held office during or since the end of the year are set out below: Name Position First Appointed Stephen Michael Barry Non-executive Chairman Director since 05/01/1993 Raymond Swinburn James Managing Director Director since 01/02/1993 Dr Keith Hilless AM Non-executive Director Director since 03/04/2009 Details of the qualifications and experience, other directorships of listed entities and special responsibilities of Directors are set out in the Board of Directors’ section of this Annual Report. Refer to table 5 of the Remuneration Report for Directors’ interests in shares and performance rights. REVIEW OF OPERATIONS A review of operations of the Consolidated Entity during the financial year is included in the Review of Operations section of this Annual Report. 20 Icon Energy Annual Report 2022