CSL Ltd Annual Report 2019

5. Executive Key Management Personnel Statutory Remuneration Tables Remuneration is reported in US Dollars (USD), unless otherwise stated. This is consistent with the presentation currency used by CSL. Remuneration for Executive KMP outside the US is paid in local currency and converted to USD based on the average exchange rate for the 2019 financial year: AUD – 1.39293 / CHF – 0.99353 / GBP – 0.77156. Valuation of equity awards was converted from Australian Dollars (AUD) to USD at the average exchange rate of 1.39293 for the 2019 financial year. 5.1 Executive KMP Remuneration 2018 and 2019 All amounts are presented in US Dollars. Table 9: Statutory Remuneration Disclosure – Executive KMP Year 24 Short Term Benefits Post-Employment Executive Cash Salary and Fees 26 Cash Bonus 27 Non- Monetary 28 Super P Perreault – CEO and Managing Director 2019 1,676,922 1,979,386 48,880 19,600 2018 1,744,266 3,008,183 53,029 19,250 G Boss – EVP Legal & Group General Counsel 2019 620,991 412,369 42,211 19,600 2018 621,488 596,542 40,939 19,250 W Campbell – EVP & Chief Commercial Officer 2019 602,309 542,463 48,721 19,527 2018 31 524,215 630,135 51,694 19,750 A Cuthbertson – Chief Scientific Officer 2019 734,862 563,225 29,944 17,948 2018 723,288 892,908 29,944 19,380 K Etchberger – EVP Quality & Business Services 2019 571,637 390,147 50,726 18,121 2018 572,245 540,990 44,493 16,532 D Lamont – Chief Financial Officer 2019 899,222 722,033 14,747 17,948 2018 990,076 1,072,749 14,747 19,380 WMezzanotte 32 – EVP Research & Development 2019 729,267 443,564 19,795 20,261 2018 – – – – G Naylor – President, Seqirus 2019 1,005,103 956,298 56,312 81,438 2018 1,152,085 986,749 70,870 56,928 V Romberg – EVP Manufacturing Operations & Planning 2019 740,540 434,527 113,374 21,413 2018 678,060 775,203 143,216 17,528 E Walker – EVP & Chief Human Resources Officer 2019 453,805 312,510 30,339 – 2018 33 240,843 199,293 19,144 – Former Executive Key Management Personnel L Reed 34 – SVP Human Resources 2019 – – – – 2018 188,833 272,768 10,431 2,688 R Repella 35 – EVP Commercial Operations 2019 – – – – 2018 114,237 – 3,961 – TOTAL 2019 8,034,658 6,756,522 455,049 235,856 2018 7,549,636 8,975,520 482,468 190,686 24 The AUD, GBP and CHF compensation paid during the years ended 30 June 2018 and 30 June 2019 have been converted to USD. For the 30 June 2019 compensation, this has been converted to USD at an average exchange rate for the 2019 financial year: AUD – 1.39293 / CHF – 0.99353 / GBP – 0.77156. Both the amount of remuneration and any movement in comparison to prior years may be influenced by changes in the AUD/USD, GBP/USD and CHF/USD exchange rates. No sign-on or termination benefits were paid in 2019. 25 The Performance Rights and Options have been valued using a combination of the Binomial and Black Scholes option valuation methodologies including Monte Carlo simulation as at the grant date adjusted for the probability of hurdles being achieved. The Performance Share Units and Restricted Share Units have been valued using the Black Scholes option valuation methodology. These valuations were undertaken by Deloitte and PricewaterhouseCoopers. The amounts disclosed have been determined by allocating the value of the Options, Performance Rights, Performance Share Units and Restricted Share Units over the period from grant date to vesting date in accordance with applicable accounting standards. As a result, the current year includes Options and Performance Rights that were granted in prior years and are expected to or will lapse. 26 Includes cash salary, cash allowances and short term compensated absences, such as annual leave entitlements accrued but not taken during the year. 27 The cash bonus in respect of 2019 is scheduled to be paid in September 2019. The cash component of the cash bonus received in 2018 was paid in full during 2019 for all executive KMP as previously disclosed, with no adjustment. 28 Includes any health benefits, insurances benefits and other benefits. For International Assignees this may include personal tax advice, health insurance and other expatriate assignment benefits. CSL Limited Annual Report 2019 74 Directors' Report