BHP Group Limited (-BHP), the globally diversified mining and resources company listed on the Australian Securities Exchange, disclosed on 9 November 2026 that it had granted conditional share awards to four Persons Discharging Managerial Responsibilities on 5 November 2026. The recipients include Chief Executive Officer Brandon Craig, Chief Financial Officer Vandita Pant, President Australia Geraldine Slattery, and President North America & Acting President South America Jessica Farrell. All awards were granted at nil cost under BHP's Long Term Incentive Plan and Cash and Deferred Plan, with vesting subject to service and performance conditions. Investors in the global mining sector may be watching these disclosures as an indicator of how BHP aligns executive remuneration with longer-term operational targets.

Key Points

  • BHP Group Limited (-BHP), ISIN AU000000BHP4, LEI WZE1WSENV6JSZFK0JC28
  • Four senior PDMRs received conditional share awards on 5 November 2026 under BHP's Long Term Incentive Plan and Cash and Deferred Plan
  • CEO Brandon Craig received a combined 169,723 conditional rights; CFO Vandita Pant received 126,235; President Australia Geraldine Slattery received 128,916; Jessica Farrell received 44,206 performance rights
  • Investors should monitor whether performance and service conditions attached to these nil-cost awards are subsequently met at the relevant vesting dates

Brandon Craig Receives 169,723 Conditional Rights Across Three Award Tranches

BHP's Chief Executive Officer Brandon Craig was granted a total of 169,723 conditional rights on 5 November 2026, comprising 116,353 performance rights under the Long Term Incentive Plan, plus two separate tranches of 26,685 deferred rights each under the Cash and Deferred Plan — one eligible to vest after two years and one after five years. All grants were made at nil price and each right represents a conditional award to receive one ordinary fully paid share in BHP Group Limited, subject to applicable service and performance conditions being satisfied at the relevant vesting point.

CFO Vandita Pant and President Australia Geraldine Slattery Awarded Over 125,000 Rights Each

Chief Financial Officer Vandita Pant received 61,353 performance rights under the Long Term Incentive Plan along with two tranches of 32,441 deferred rights under the Cash and Deferred Plan — vesting at two and five years respectively — bringing her total award to 126,235 conditional rights. Geraldine Slattery, President Australia, received a comparable package of 64,836 Long Term Incentive Plan performance rights and two tranches of 32,040 deferred rights, totalling 128,916 conditional rights. Both sets of awards were transacted at nil cost on the Australian Securities Exchange.

Jessica Farrell Granted 44,206 Long Term Incentive Plan Performance Rights for North and South America Remit

Jessica Farrell, who holds the dual role of President North America and Acting President South America at BHP, received 44,206 performance rights under the Long Term Incentive Plan on 5 November 2026, also at nil cost on the Australian Securities Exchange. Her award is solely performance rights with no Cash and Deferred Plan component disclosed in this notification. As a PDMR overseeing BHP's operations across two continents, her award reflects the breadth of operational responsibility attached to her combined regional leadership position within the diversified mining group.

BHP's Incentive Plan Structure Ties Executive Awards to Service and Performance Conditions

All awards disclosed in this notification are conditional in nature, meaning recipients will only receive the underlying BHP ordinary shares if applicable service and performance conditions are met. The structure spans both the Long Term Incentive Plan — focused on longer-term performance metrics — and the Cash and Deferred Plan, which provides two-year and five-year deferred vesting schedules. This framework is a standard mechanism at large mining companies operating across multiple international jurisdictions, designed to align senior executive incentives with sustained shareholder value. The company did not disclose specific performance targets or threshold conditions within this announcement.