Directors’ Report 6. Executive Key Management Personnel Statutory Remuneration Tables Remuneration is reported in US$, unless otherwise stated. This is consistent with the presentation currency used by CSL. 6.1 Executive KMP Remuneration 2022 and 2023 Table 10: Statutory Remuneration Disclosure – Executive KMP Short Term Benefits Post Employment Other Long Term Executive Year21 Cash Salary and Fees23 Cash Bonus US$24 Non- Monetary US$25 Super US$ Long Service Leave US$ P McKenzie – CEO and Managing Director 2023 1,280,851 1,376,890 70,669 23,257 – 2022 965,230 1,273,770 67,972 16,802 – J Linton – Chief Financial Officer26 2023 846,516 946,395 46,836 186,096 21,242 2022 874,803 1,149,742 81,479 25,689 21,583 Former Executive KMP A Cuthbertson – Senior Advisor to CEO27 2023 – – – – – 2022 128,811 – – 4,550 2,855 P Perreault – CEO and Managing Director28 2023 1,251,196 1,537,182 84,712 14,000 – 2022 1,733,962 3,029,931 92,441 18,300 – TOTAL 2023 3,378,563 3,860,467 202,217 223,353 21,242 2022 3,702,806 5,453,443 241,892 65,341 24,438 21 T he A$ compensation paid during the years ended 30 June 2022 and 30 June 2023 have been converted to US$. For the 30 June 2023 compensation, this has been converted to US$ at an average exchange rate for the 2023 financial year of 1.48733. For the 2022 compensation, this has been converted to US$ at an average exchange rate for the 2022 financial year of 1.37359. 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 2023. 22 T he PSUs and RSUs 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 PSUs and RSUs over the period from grant date to vesting date in accordance with applicable accounting standards. Share based payments have been converted to US$ at an average exchange rate for the 2023 financial year of 1.48733. There were no Performance Rights or Options expensed or outstanding in 2022 or 2023. 23 Includes cash salary, cash allowances and short term compensated absences, such as annual leave entitlements accrued but not taken during the year. 24 T he STI cash bonus in respect of 2023 is scheduled to be paid in September 2023. The STI cash component of the cash bonus received in 2022 was paid in full in September 2022 for all Executive KMP as previously disclosed, with no adjustment. 25 I ncludes any health benefits, insurances benefits and other short-term employee 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. 26 J Linton commenced as Executive KMP on 5 March 2021 and was granted RSUs on 1 April 2021 as a component of her sign on arrangements (as partial compensation for time-based equity forfeited at her previous employer). 5,097 RSUs vested on 1 March 2023 and 396 RSUs are due to vest on 1 March 2024. Details are set out in the 2021 Remuneration Report. 27 In 2022 A Cuthbertson was an Executive KMP for the period 1 July 2021 to 1 October 2021. 28 I n 2023 P Perreault was an Executive KMP for the period 1 July 2022 to 5 March 2023. The full year fixed reward for P Perreault was US$1,856,133, the full year cash STI payment was US$2,262,385 and the full year share based payment expense was US$3,654,625. CSL Limited Annual Report 2022/23 100
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