CSL Ltd Annual Report 2020

Contents 1. CSL Key Management Personnel 2. 2020 Remuneration Outcomes at a Glance 3. Global Remuneration Framework 4. CSL Performance and Shareholder Returns 5. Executive Key Management Personnel Outcomes in 2020 6. Executive Key Management Personnel Statutory Remuneration Tables 7. 2020 and 2021 Executive Key Management Personnel Remuneration 8. Non-Executive Director Remuneration 9. Remuneration Governance 10. Legacy Equity Programs 11. Additional Employee Equity Programs Independent audit of the Report The Remuneration Report (Report) has been audited by Ernst & Young. Please see page 139 of the Financial Statements for Ernst & Young’s report. 1. CSL Key Management Personnel This Report sets out remuneration information for Key Management Personnel (KMP) which includes Non-Executive Directors (NEDs), Executive Directors (i.e. the Chief Executive Officer and Managing Director (CEO) and Chief Scientific Officer) and those key executives who have authority and responsibility for planning, directing and controlling the activities of CSL during the financial year (together with the Executive Directors, herein referred to as Executive KMP). The CSL KMP during the year ended 30 June 2020 and changes to KMP are outlined in Table 1. In 2020, the Global Leadership Group (CEO and direct reports) changed as a result of the commencement of employment of Dr Paul McKenzie and the retirement of Mr Gordon Naylor. In addition, reporting structures, roles and responsibilities changed and this provided the opportunity for CSL to review who has authority and responsibility for planning, directing and controlling the activities of CSL. Following the review, CSL has introduced changes to the composition of its KMP. Previous disclosures included all direct reports to the CEO. Table 1: CSL Key Management Personnel in 2020 Non-Executive Directors Chairman Dr Brian McNamee AO Mr Bruce Brook Dr Megan Clark AC Ms Carolyn Hewson AO – appointed 9 December 2019 Mr Shah Abbas Hussain Ms Marie McDonald Ms Christine O’Reilly Executive Key Management Personnel Executive Director and Chief Executive Officer and Managing Director (CEO) Mr Paul Perreault Executive Director and Chief Scientific Officer (CSO) Professor Andrew Cuthbertson AO Chief Financial Officer Mr David Lamont 1 Chief Operating Officer Dr Paul McKenzie – appointed 1 July 2019 Former Non-Executive Directors Dr Tadataka Yamada KBE – retired 16 October 2019 Former Executive Key Management Personnel EVP Legal & Group General Counsel Mr Greg Boss* – ceased to be KMP 30 June 2019 EVP & Chief Commercial Officer Mr William Campbell* – ceased to be KMP 30 June 2019 EVP Quality & Business Services Ms Karen Etchberger* – ceased to be KMP 30 June 2019 EVP Research & Development Dr WilliamMezzanotte* – ceased to be KMP 30 June 2019 President, Seqirus Mr Gordon Naylor – ceased to be KMP 30 June 2019 EVP Manufacturing Operations & Planning Mr Val Romberg – ceased to be KMP 30 June 2019 EVP & Chief Human Resources Officer Ms Elizabeth Walker* – ceased to be KMP 30 June 2019 1 D Lamont will cease employment on 30 October 2020 by way of resignation. * Remains a current employee as at 30 June 2020 and the date of this Report. CSL Limited Annual Report 2020 70 Directors’ Report