WENTWORTHVILLE LEAGUES CLUB LIMITED

ABN 25 000 244 459

GENERAL PURPOSE (SDS)

FINANCIAL REPORT FOR THE

52 WEEKS ENDED

27 DECEMBER 2022

Wentworthville Leagues Club Limited

Constitutional Reporting For The 52 Weeks Ended 27 December 2022

2022

Member statement of benefit (Rule 70) $

The apportionment of the annual profit has been appropriated for improvements to the benefit for the members.

Directors Honorariums (Rule 86: Allowance $88,000 + CPI)

Directors expenses immediately before or after a Board or Committee Meeting on the day of that meeting when that meeting corresponds with a normal meal time - Rule 87(g) $13,527 Attending any Club, community or charity function as the representatives of the Club - Rule 87(h) husband or partner attendance at any Club, community or charity function - Rule 87(i) and refreshment in one of the Club’s Dining Rooms or the Club’s room(s) - Rule 87(j)

In accordance with the Constitution the total value of directors expenses under Rule 87 (a) - (n) for the year 2022 is $163,000 (2021: $163,145). The actual expenditure for the year of $103,064 (2021: $50,062) is $59,936 or 37% below the amount allocated for the year but an increase of $53,002 above the costs of the prior year which was heavily disrupted by COVID.

Annual or special functions being - Rule 87(k):

(i) Meal and beverage Annual Sport and Recreation Club Dinner $0

(ii) Meal and beverage Annual Board Dinner $1,554

(iii) Meal and beverage Annual General Meeting $3,151

Meal and beverage at a Special Function held to acknowledge a member’s service or achievement - Rule 87(l) $0

Club attire - Rule 87(m)

All other expenses not specified in clause 87(a)-(m) but otherwise permitted at law - Rule 87(n) $5,940

Aggregate sum of the 6 highest paid officers of the club (Rule 159 (b)(i))

The aggregate sum representing the annual salaries, bonuses and emoluments paid (when taken together) to the 6 highest paid Officers of the club including the CEO $1,727,487

Registered members (Rule 159 (b)(ii))

The number of members registered at the end of the club's financial year (2021: 74,169)

WENTWORTHVILLE LEAGUES CLUB LIMITED DIRECTORS' REPORT FOR THE 52 WEEKS ENDED 27 DECEMBER 2022

The directors present their report together with the financial report of Wentworthville Leagues Club Limited (the Company or the Club) for the 52 weeks ended 27 December 2022.

Directors

The Directors of the Company at any time during or since the end of the financial year are:

Name

Experience, qualifications, special responsibilities, and interest in contracts

I McCANN President Director 16 years including President 14 years. Honorary Life Member, Chairman of Board’s Remuneration Committee and Property Corporate and Investment Committee, Sponsorship Committee and Disciplinary Committee. Vice President of Leagues Club Association. Delegate of member bodies of ClubsNSW and member of Club Directors Institute. Member of Clubs Corporate Governance Working Group, Boards Representative at Sports Council. Member of all Sporting Associations and patron of Darts Club and Cricket Club. Life member of WDRLFC.

Interest in contracts - Nil.

A FOWLER Vice President Director 12 years, Vice President 2 years, Previous Vice President for 2 years (2011-2013). Member of Board’s Audit Risk and Compliance Committee, Remuneration Committee and Sponsorship Committee. Member of Member Bodies of Leagues Club Association and Club Directors Institute. Member of all Sporting Associations.

Interest in contracts - Laing and Simmons Real Estate.

L CAPOVILLA Director Director 34 years. Honorary Life Member, Member of the Board’s Property Corporate and Investment Committee, Sponsorship Committee and Disciplinary Committee, Delegate of WLC 60 years Anniversary Committee, Delegate to Leagues Clubs Association and Member of ClubsNSW and Clubs Directors Institute. 34 years’ service Leagues Club Australia. Member of all Sporting Associations and Patron of Wenty Leagues Golf Club and Life Member of WDRLFC and WUJRLFC.

Interest in contracts - Nil.

A CROMACK Director Director 20 years including past Vice President for 6 years (2013 – 2019). Director Member of Boards Remuneration Committee, Sponsorship Committee and Disciplinary Committee. And Chairman of Audit Risk and Compliance Committee. Member of member bodies of ClubsNSW and Club Directors Institute. Delegate of Leagues Club Association.Alternate at Sports Council. Member of all Sporting Associations, including Life Member of WDRLFC.

Interest in Contract: Platinum Electricians.

J ISAACS Director Director 14 years. Member of Board’s Remuneration Committee and Audit, Risk Director and Compliance Committee, Sponsorship Committee and Disciplinary Committee. Member of member bodies of Leagues Club Association, ClubsNSW and Club Directors Institute. Member of all Sporting Associations including patron of Darts Club and Life member and President of Cricket Club.

Interest in contracts - Wentworthville Leagues Cricket Club.