Annual Report 2021

Governance and RemunerationRemuneration ReportOwnership of shares and options

7Ownership of shares and options

The members of the Board of Directors and Executive Committee held 0.2% of the outstanding shares as at 31 December 2021, as illustrated in the table below. The below table does not include any unvested PSUs.

Table 15:
Shares held by members of the Board of Directors and the Executive Committee

Name	Role	Shares held as at 31 December 2021

Board of Directors 1
Peter Wilden	Chairman	1,658
Patrick Aebischer	Vice-Chairman, Lead Independent Director	1,105
Erik Schropp	Member	3,193
Jane Salik 2	Member	17,737
Beat In-Albon	Independent Member	995
Philippe Weber	Independent Member	1,225

Executive Committee
Raymond De Vré 3	CEO	16,486
Jan Fuhr Miller	CFO	7,767
Jan Christensen 4	Director Global Sales and Marketing	7,767
Daniel Lasanow	Director Global Operations	7,767
Christina Del Vecchio 5	General Counsel	–
Neil James Thompson 6	Director Global Sales and Marketing	1,122

1 Any shares delivered to Board members in connection with their compensation are blocked for a period of three years from the date of grant.

2 Jane Salik served as CEO from 1 January 2021 until 29 April 2021 and then as member of the Executive Committee until 17 August 2021.

3 Raymond De Vré served as CEO-elect and member of the Executive Committee as of 1 April 2021 and CEO as of 29 April 2021. The 16,486 shares are subject to vesting periods and continuous employment at the Group. Specifically, 4,882 shares vest as of 1 June 2022 and 1,838 shares vest as of 1 July 2022. Thereafter, 4,883 shares vest as of 1 June 2023 and 4,883 shares vest as of 1 June 2024, respectively.

4 Member of the Executive Committee until 31 December 2021.

5 Member of the Executive Committee as of 1 September 2021.

6 Member of the Executive Committee as of 1 January 2022.

As of 31 December 2021, Raymond De Vré (CEO) held a total of 6,606 PSUs with respect to grants made under the LTIP in 2021.

As of 31 December 2021, none of the members of the Board of Directors or the Executive Committee held any stock options.

Annual Report 2021

Table 15:Shares held by members of the Board of Directors and the Executive Committee

Table 15:
Shares held by members of the Board of Directors and the Executive Committee