CSL Ltd Annual Report 2021

7. Executive Key Management Personnel Statutory Remuneration Tables 14 T he AUD compensation paid during the years ended 30 June 2020 and 30 June 2021 have been converted to USD. For the 30 June 2021 compensation, this has been converted to USD at an average exchange rate for the 2021 financial year: AUD – 1.34557. Both the amount of remuneration and any movement in comparison to prior years may be influenced by changes in the exchange rates. No termination benefits were paid in 2021. 15 T he 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. Share based payments have been converted to USD at an average exchange rate for the 2021 financial year: AUD – 1.34557. 16 Includes cash salary, cash allowances and short term compensated absences, such as annual leave entitlements accrued but not taken during the year. 17 T he cash bonus in respect of 2021 is scheduled to be paid in September 2021. The cash component of the cash bonus received in 2020 was paid in full in September 2020 for all Executive KMP as previously disclosed, with no adjustment. 18 I ncludes any health benefits, insurances benefits and other benefits. For International Assignees and domestic and international relocations, this may include personal tax advice, health insurance, removalists, temporary accommodation and other expatriate assignment benefits. 19 I n 2021 J Linton was an Executive KMP for the period 5 March 2021 to 30 June 2021. The cash sign on bonus was paid to Ms Linton in March 2021 on commencement of employment and was to compensate for deferred cash forfeited on cessation of employment with Bupa. 20 In 2021 D Lamont was an Executive KMP for the period 1 July 2020 to 31 October 2020. Remuneration is reported in USD, unless otherwise stated. This is consistent with the presentation currency used by CSL. 7.1 Executive KMP Remuneration 2020 and 2021 Table 10: Statutory Remuneration Disclosure – Executive KMP Executive Year 14 Short Term Benefits Post-Employment Cash Salary and Fees US$ 16 Cash Bonus US$ 17 Cash Sign On US$ Non- Monetary US$ 18 Super US$ P Perreault – CEO and Managing Director 2021 1,697,123 1,807,032 – 95,083 20,300 2020 1,676,919 2,477,746 – 52,404 19,950 A Cuthbertson – Senior Advisor to CEO 2021 505,666 483,067 – 32,648 18,579 2020 714,704 699,030 – 29,944 16,808 J Linton 19 – Chief Financial Officer 2021 281,781 288,464 78,220 122,927 6,786 2020 – – – – – P McKenzie – Chief Operating Officer 2021 989,079 1,028,970 – 70,140 22,123 2020 999,747 1,164,765 – 552,870 22,243 Former Executive KMP D Lamont 20 – Chief Financial Officer 2021 327,026 – – – 6,193 2020 887,558 901,581 – 14,747 16,808 TOTAL 2021 3,800,675 3,607,533 78,220 320,798 73,981 2020 4,278,928 5,243,122 – 649,965 75,809 CSL Limited Annual Report 2020/21 92 Directors’ Report