Annual Report 2023

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 0.4% of the outstanding shares as at 31 December 2023 and 0.2% as at 31 December 2022. 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 2023 or 31 December 2022, 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 2023	Shares held as at 31 December 2022

Board of Directors 1
Peter Wilden	Chair	22,436	8,402
Patrick Aebischer	Vice-Chair, Lead Independent Director; Chair ITC	14,503	5,318
Erik Schropp 2	Member	3,193	3,193
Jane Salik	Member	23,511	19,553
Beat In-Albon	Independent Member, Chair ARC	13,054	4,787
Philippe Weber	Independent Member, Chair RNC	15,976	5,835
Dorothee A. Deuring 3	Independent Member	3,000	n/a

Executive Committee
Juan José González 4	CEO	227,842	n/a
Marc Augustin 5	CFO	2,500	n/a
Lalit Ahluwalia 6	CFO ad interim	–	n/a
Christina Del Vecchio	General Counsel	–	–
Neil James Thompson	Director Global Sales and Marketing	1,122	1,122
Jens Fricke	Director Global Operations	1,380	1,380
Raymond De Vré 7	Former CEO	n/a	16,486
Jan Fuhr Miller 8	Former CFO	n/a	7,767

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 also a director of Draupnir Holding B.V. (one of the Company’s significant shareholders); this shareholding is not reflected in Table 16 (see section 1.2 “Significant shareholders” of the Corporate Governance Report 2023).

3 Member of the Board of Directors as of 12 April 2023.

4 Member of the Executive Committee as of 12 April 2023.

5 Member of the Executive Committee as of 1 January 2024.

6 Member of the Executive Committee as of 1 May 2023 until of 31 December 2023.

7 Member of the Executive Committee until 30 January 2023.

8 Member of the Executive Committee until 30 April 2023.

As of 31 December 2023, Juan José González (current CEO) held 34,040 PSUs with respect to grants made under the LTIP in 2023.

As of 31 December 2022, Raymond De Vré (former CEO) held a total of 6,606 PSUs with respect to grants made under the LTIP in 2021. As per the service condition in the Plan and the terms of his separation agreement, the amount of PSUs was reduced to 5,688.5 PSUs. The PSUs awarded in the financial year 2021 will not vest in April 2024 (based on the financial statements for the year ended 31 December 2023), as the minimum performance thresholds were not achieved.

As of 31 December 2023, 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.

Annual Report 2023

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