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

Annual Report 2022

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

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