Key management personnel disclosures (Tables)

12 Months Ended

Jun. 30, 2022

The following persons were Directors of Iris Energy Limited at any time during the year, up to the date of this report:

Individual	Position	Date of Commencement	Date ceased to be KMP
David Bartholomew	Non-Executive Director	24 September 2021	-
Christopher Guzowski	Non-Executive Director	19 December 2019	-
Michael Alfred	Non-Executive Director	21 October 2021	-
Daniel Roberts	Executive Director and Co-CEO	6 November 2018	-
William Roberts	Executive Director and Co-CEO	6 November 2018	-
Paul Gordon	Non-Executive Director	19 December 2019	24 October 2021

The following persons were considered to be KMP of Iris Energy Limited at any time during the year:

The aggregate compensation made to Directors and other members of KMP of the Group is set out below:

	Consolidated
	Year ended 30 June 2022		Year ended 30 June 2021 (restated*)
	US$		US$

Short-term employee benefits		1,610,088		368,493
Post-employment benefits		81,550		32,328
Share-based payments		13,314,679		174,603

		15,006,317		575,424

The following table summarizes the movement in options outstanding issued to Directors and other members of KMP during the year ended 30 June 2022:

	Number of options			Weighted average exercise price		Number of options		Weighted average exercise price
	30 June 2022			30 June 2022		30 June 2021		30 June 2021 (restated*)

Outstanding as at 1 July		2,136,171		$	4.10		-		-
Granted during the year		5,014,834		$	72.46		2,136,171	$	4.10
Forfeited during the year		(177,489	)	$	7.90		-		-

Outstanding at the end of the financial year		6,973,516		$	53.16		2,136,171	$	4.10

Exercisable at the end of the financial year		2,035,278		$	3.95		-		-