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## Notes to the financial statements for the financial year ended 31 March 2014 continued 

## Note 33 Employee equity participation continued 

Vesting periods are as follows: 

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(1) Vesting will occur on the first day of a staff trading window following 1 July of the specified year. (2) 

Vesting will occur on the first day of a staff trading window following 1 July of the specified year. If an Executive Director has been on leave without pay (excluding leave to which the Executive Director may be eligible under local laws) for 12 months or more, the vesting period may be extended accordingly. (3) 

Subject to achieving certain performance hurdles – refer below. 

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In limited cases, the Application Form for awards may set out a different vesting period, in which case that period will be the vesting period for the Award. For example, staff in jurisdictions outside Australia may have a different vesting period due to local regulatory requirements. 

For Retained Profit Share Awards representing 2013 retention, the allocation price was the weighted average price of the Shares acquired for the 2013 Purchase Period, which was 14 May 2013 to 25 June 2013 inclusive (excluding the period from 23 May to 6 June 2013). That price was calculated to be $43.56 (2012 retention: $26.97). 

