Icon Energy Limited Annual Report 2023

24 Icon Energy Annual Report 2023 Directors' Report for the year ended 30 June 2023 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 2023 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 related to the renewal application in respect to ATP 855 due on or before 31 October 2022, and the subsequent filing of an application lodged in the Supreme Court of Queensland. The hearing was conducted on 5 September 2023 and the judgement will be reported in 3-6 months from this date. 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 Retired on 08/09/2023 Raymond Swinburn James Non-executive Director Company Secretary Director since 01/02/1993 Company Secretary since 21 October 2022 Dr Keith Hilless AM Non-executive Director Director since 03/04/2009 Retired on 30/11/2022 Jeffrey Marvin Non-executive Director Director since 31/03/2023 Peter Wilson Non-executive Director Director since 08/09/2023 Icon’s Director Keith Hilless and Icon’s Chairman Stephen Barry retired from the Board after many years of service to the company, on 30 November 2022 and 8 September 2023 respectively. Icon would like to note and thank them for their valued contribution made to the company. 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.