Notes to the Financial Statements Note 6: People Costs continued Outstanding share-based payment equity instruments The number and weighted average exercise price for each share-based payment plan outstanding is as follows. All plans are settled by physical delivery of shares at the time of vesting date except for instruments that may be settled in cash at the discretion of the Board. Retain and Grow Plan (RGP) Executive Performance and Alignment Plan (EPA) Non-Executive Director Plan (NED) Global Employee Share Plan (GESP) Total Number Weighted average exercise price (A$) Number Weighted average exercise price (A$) Number Weighted average exercise price (A$) Number Weighted average exercise price (A$) Number Outstanding at the beginning of the year 930,579 – 404,108 – 1,253 – 98,752 221.94 1,434,692 Granted during year 902,407 – 216,255 – 3,135 – 263,809 242.60 1,385,606 Exercised during year11 (398,775) – (68,052) – (2,822) – (210,903) 238.70 (680,552) Forfeited during year (96,314) – (61,413) – – – – – (157,727) GESP true-up12 – – – – – – (8,705) 221.94 (8,705) Closing balance at the end of the year 1,337,897 – 490,898 – 1,566 – 142,953 236.55 1,973,314 The share price at the dates of exercise (expressed as a weighted average) by equity instrument type, is as follows: 11 D uring the year ended 30 June 2023, 14,721 (RGP) and 14 (GESP) of the rights exercised were issued out of treasury stock that was purchased on-market in the prior year. For the NED Rights Plan, all shares are purchased on-market. 12 T he fair value of GESP equity instruments is estimated based on the assumptions prevailing on the grant date. In accordance with the terms and conditions of the GESP plan, shares are issued at 15% discount to the lower of the ASX market price on the first and last dates of the contribution period. 2023 2022 RGP A$295.73 A$308.97 EPA A$295.99 A$309.08 NED A$296.74 A$281.18 GESP A$293.98 A$303.87 (b) Key Management Personnel Disclosures The remuneration of key management personnel is disclosed in Section 17 of the Directors’ Report and has been audited. Total compensation for key management personnel 2023 US$ 2022 US$ Total of short term remuneration elements 8,849,461 10,880,861 Total of post employment elements 342,883 180,451 Total of other long term elements 21,242 24,438 Total share-based payments 5,217,940 10,229,740 Total of all remuneration elements 14,431,526 21,315,490 CSL Limited Annual Report 2022/23 132
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