Icon Energy Annual Report 2023 35 35 2022 Balance 1.07.2021 Employee Performance Rights Plan Purchases Options Exercised Sold Other changes** Balance 30.06.2022 Number Number Number Number Number Number Number Directors Stephen Barry* 1,653,593 - - - - 826,796 2,480,389 Keith Hilless 93,227 - - - - 46,613 139,840 Raymond James* 25,231,329 - - - - 12,615,664 37,846,993 Other Key Management Personnel Natalia Fraser 239,774 - - - - 119,887 359,661 27,217,923 - - - - 13,608,960 40,826,883 *These KMP’s shareholdings include indirect shareholdings held by their spouse and/or related corporations. **Shares purchased through the Rights Issue to the shareholders. Transactions with Directors and Director Related Entities During the year ended 30 June 2023, Raymond James, a Director of the Company, signed a loan agreement for the amount of $520,000 to the Company on an interest-free unsecured loan for 2.5 years expiring 13 September 2025 (30 June 2022: nil). 10. SHARE OPTIONS Options Granted to Directors and Key Management Personnel of the Company No options were issued or granted to, or exercised by, Directors and other KMP of the Company during the year. Options Held by Key Management Personnel The movement during the year in the number of options in Icon Energy Limited held directly, indirectly or beneficially, by each KMP, including their related parties, is as follows: Table 5: Options held by Directors and Executive and Senior Managers 2023 Balance 1.07.2022 Employee Performance Rights Plan Purchases Options Exercised Options Expired Other changes Balance 30.06.2023 Number Number Number Number Number Number Number Directors Stephen Barry* 826,796 - - - (826,796) - - Keith Hilless 46,613 - - - (46,613) - - Raymond James* 12,615,664 - - (12,615,664) - - - Jeffrey Marvin - - - - - - - Other Key Management Personnel Natalia Fraser 119,887 - - - (119,887) - - 13,608,960 - - (12,615,664) (993,296) - - *These KMP’s options include indirect shareholdings held by their spouse and/or related corporations.