b'< DIRECTORS REPORTRELATIONSHIP BETWEEN REMUNERATION POLICY AND COMPANY PERFORMANCEAs detailed above, Donacos remuneration policy is directly linked to company performance, particularly in relation to top-line revenue growth and cost control, to ultimately create long-term shareholder value. STI and LTI awards are dependent on defined KPIs being met, which are primarily financial in nature, and are at the discretion of the Remuneration Committee.Over the five year period since FY15, revenue and EBITDA have increased at an average annual growth rate of 45.80% and 170.82% respectively, driven by Star Vegas becoming part of the group at the beginning of FY16.DONACO REVENUE AND EBITDA160140120AUD$ (MILLION)100806040200FY15 FY16 FY17 FY18 FY19Revenue EBITDADonacos share price was flat during FY19, but has declined in recent years, reflecting lower earnings brought on by the Star Vegas vendors breaches of the non-compete agreement and market concerns over the resulting legal disputes.DNA SHARE PRICE CHANGE PER ANNUM0%0%-10%-20% -31% -30%-34%-30%-40% -50%-50%-60%5 YEARS 4 YEARS 3 YEARS 2 YEARS 1 YEARThe Nominations, Remuneration and Corporate Governance Committee considers that the remuneration framework has an appropriate mix of fixed and performance based remuneration. Since performance during FY19 did not meet expectations, executives forfeited all or the majority of their STI, and also forfeited all of their LTI.The Committee also considers that the remuneration framework in place will assist to increase shareholder wealth if maintained over the coming years, subject to any adjustments that are necessary or desirable to reflect the companys circumstances.DONACO INTERNATIONAL LIMITED 2019 ANNUAL REPORT 25'