Annual Report 2022

Annual Report 2022
Governance and RemunerationRemuneration ReportOwnership of shares and options

6Ownership of shares and options

The members of the Board of Directors and Executive Committee reflected in the table below held 0.2% of the outstanding shares as at 31 December 2022 and 0.2% as at 31 December 2021. Other than as indicated in the table below, no persons or entities closely associated with members of the Board of Directors or Executive Committee held any shares as of 31 December 2022 or 31 December 2021, respectively. Table 16 does not include any unvested PSUs.

Table 16:
Shares held by members of the Board of Directors and the Executive Committee

Name

Role

Shares held as at 31 December 2022

Shares held as at 31 December 2021

 

Board of Directors 1

Peter Wilden

Chairman

8,402

1,658

Patrick Aebischer

Vice-Chairman, Lead Independent Director

5,318

1,105

Erik Schropp 2

Member

3,193

3,193

Jane Salik

Member

19,553

17,737

Beat In-Albon

Independent Member

4,787

995

Philippe Weber

Independent Member

5,835

1,225

 

Executive Committee

Raymond De Vré 3

CEO

16,486

16,486

Jan Fuhr Miller

CFO

7,767

7,767

Jan Christensen 4

Director Global Sales and Marketing

n/a

7,767

Daniel Lasanow 5

Director Global Operations

7,767

7,767

Christina Del Vecchio

General Counsel

–

–

Neil James Thompson 6

Director Global Sales and Marketing

1,122

1,122

Jens Fricke 7

Director Global Operations

1,380

1,380

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 Erik Schropp is a director of Draupnir Holding B.V. (one of the Company’s significant shareholders, see section 1.2 “Significant shareholders” of the Corporate Governance Report 2022).
3 9,766 shares were subject to vesting periods and continuous employment at the Group. Specifically, 4,883 shares were to vest as of 1 June 2023 and 4,883 shares were to vest as of 1 June 2024, respectively. As announced on 30 January 2023, Raymond De Vré resigned as CEO, and his contractual six-month notice period will end on 31 July 2023. As a result, shares subject to vesting on 1 June 2023 will vest, whereas the shares subject to vesting on 1 June 2024 will lapse and be forfeited.
4 Member of the Executive Committee until 31 December 2021.
5 Member of the Executive Committee until 30 November 2022.
6 Member of the Executive Committee as of 1 January 2022.
7 Member of the Executive Committee as of 1 December 2022.

As of 31 December 2022, Raymond De Vré held a total of 6,606 PSUs with respect to grants made under the LTIP in 2021. As announced on 30 January 2023, Mr. De Vré resigned as CEO, and his contractual six-month notice period will end on 31 July 2023.

There were no LTIP awards made in 2022.

As of 31 December 2022, none of the members of the Board of Directors or the Executive Committee, or any persons closely associated with any member, held any stock options.

Compensation framework for the Executive Committee
Other remuneration-related information under the CO