Annual Report 2025

Annual Report 2025

Remuneration of Other Members of the Senior Management Team

For the purposes of U.S. governance reporting requirements, all senior level employees reporting directly to the CEO qualify as the Company’s ‘executives’. The remuneration disclosures in relation to this more extensive group of senior personnel (excluding the NEOs) in this 2025 Remuneration Report is presented on an aggregated basis, with the exception of equity remuneration, which is presented on an individual basis.

Aggregate compensation for other members of the Senior Management Team

The following table sets forth information regarding aggregate compensation paid to members of the Senior Management Team (other than the NEOs) during the year ended December 31, 2025.

Remuneration of Other Senior Management Members – Total

(in $)

 

Compensation

Base pay

 

3,138,512

Variable STI1)

 

1,526,247

Compensation in the form of stock options

 

10,521,797

Compensation in the form of PSUs

 

7,443,617

Pension benefits2)

 

80,045

Fringe benefits3)

 

107,679

Other benefits4)

 

3,187,985

Total

 

26,005,882

1)

Variable STI includes a performance based Company wide corporate bonus of €3,622 ($4,690) per member of the Senior Management Team.

2)

Pension benefits include employer pension contributions.

3)

Fringe benefits include company car costs, employer-paid medical insurance premiums, lunch allowances and representation allowances. pension contributions, social security costs and other allowances.

4)

Other benefits consists of social security costs, other allowances and benefits. Employer social security costs were impacted by the increase of share-price at year end against the share-price as of December 31, 2025.

For more information on equity granted to members of the Senior Management Team (other than the NEOs), during 2025, please refer to Section 3.4.12 “Summary of Other members of the Senior Management Team” below.