8.3 Non-Executive Share Purchases During 2023, CSL completed two on-market purchases of shares for the purposes of the NED Rights Plan. A total of 2,822 shares were purchased during the reporting period and the average price paid per share was A$295.12. 8.4 Non-Executive Director Statutory Remuneration Tables Remuneration is reported in US$, unless otherwise stated. This is consistent with the presentation currency used by CSL. 8.4.1 Non-Executive Director Remuneration 2022 and 2023 Table 15: Statutory Remuneration Disclosure – Non-Executive Directors Short Term Benefits Post Employment Share Based Payments Non-Executive Director Year Cash Salary and Fees US$34 Superannuation US$ Retirement Benefits US$ Rights US$35 Total B McNamee – Chairman 2023 464,986 17,005 – 119,228 601,219 2022 489,543 17,158 – 125,313 632,014 B Brook 2023 120,837 6,028 – 97,275 224,140 2022 178,358 8,579 – 51,686 238,623 M Clark 2023 191,711 17,005 – 33,551 242,267 2022 202,267 17,158 – 35,290 254,715 A Cuthbertson36 2023 151,123 18,490 – 50,681 220,294 2022 117,973 15,015 – 33,844 166,832 C Hewson 2023 133,332 17,005 – 83,932 234,269 2022 140,877 17,158 – 88,508 246,543 D Maskell37 2023 54,788 17,005 – 115,541 187,334 2022 60,806 20,021 – 85,480 166,307 M McDonald 2023 154,958 8,502 – 50,410 213,870 2022 171,831 – – 52,966 224,797 A Watkins38 2023 136,479 18,490 – 58,269 213,238 2022 121,065 20,021 – 49,819 190,905 TOTAL 2023 1,408,214 119,530 – 608,887 2,136,631 2022 1,482,720 115,110 – 522,906 2,120,736 8.4.2 Non-Executive Director Shareholdings Details of fully paid ordinary shares held directly, indirectly or beneficially by each NED, including their related parties, is provided in Table 16. Any amounts are presented in US$. Details of Rights held directly, indirectly or beneficially by each NED, including their related parties, is provided in Table 17. Following the vesting of awards, any trading undertaken by NEDs was subject to the Group Securities Dealing Policy (outlined in section 9.6). 34 T he A$ compensation paid and share based payments during the years ended 30 June 2022 and 30 June 2023 have been converted to US$. For the 2023 compensation, this has been converted to US$ 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 A$/US$ exchange rates. No long term or termination benefits were paid in 2023. 35 A s disclosed in the section 8.1, NEDs participate in the NED Rights Plan under which NEDs are required to take at least 20% of their after-tax base fees (excluding superannuation guarantee contributions) in the form of Rights. Rights are granted upfront and are expensed over the period of grant to vest. The Fair Value per Right at the grant date of 25 August 2022 was A$292.74 for Tranche 1 (vests 20 February 2023) and A$290.97 for Tranche 2 (vests 21 August 2023). 36 In 2022 A Cuthbertson was a NED for the period 2 October 2021 to 30 June 2022. 37 In 2022 D Maskell was a NED for the period 18 August 2021 to 30 June 2022. 38 In 2022 A Watkins was a NED for the period 18 August 2021 to 30 June 2022. CSL Limited Annual Report 2022/23 105
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