6. Remuneration in 2026 6.1 Executive KMP Remuneration Changes in 2026 The Board determines any increases to reward for Executive KMP based on CSL’s position in the market relative to the global pharmaceutical/biotechnology peer group, individual performance, role responsibilities and internal relativity. This section sets out the target remuneration for Executive KMP effective 1 September 2025 for the financial year 2026. Any increase to Executive KMP reward is in line with the approach taken for the broader employee population. The charts below illustrate that CSL’s Executive KMP TDC is below the median of the global pharmaceutical/biotechnology peer group. Table 7: Executive KMP Remuneration Changes in 2026 Executive KMP Changes effective 2026 Executive KMP 2026 target remuneration and global peer market data (US$) P McKenzie ‒ 3 % increase to FR to US$1,930,883 ‒ N o change to target STI and LTI percentage opportunity ‒ T DC of US$12,454,195 – positioned around 70% of the market median 2026 Fixed Reward 2026 STI Target 2026 LTI Target 2026 Total Target Direct Compensation P McKenzie Peer Group CEO – median 17,842,005 12,454,195 13,480,898 8,206,253 2,523,846 2,317,060 1,753,338 1,930,883 J Linton ‒ 3 .26%* increase to FR to US$967,484 ‒ N o change to target STI and LTI percentage opportunity ‒ T DC of US$4,111,808 – positioned at 60% of the market median J Linton Peer Group Chief Financial Officer – median 2026 Fixed Reward 2026 STI Target 2026 LTI Target 2026 Total Target Direct Compensation 6,853,966 4,111,808 4,561,461 2,176,840 1,103,148 967,484 1,103,148 967,484 A Schmeltz ‒ 3 % increase to FR to US$866,462 ‒ N o change to target STI and LTI percentage opportunity ‒ T DC of US$4,332,310 – positioned at 75% of the market median A Schmeltz Peer Group EVP Behring – median 2026 Fixed Reward 2026 STI Target 2026 LTI Target 2026 Total Target Direct Compensation 5,768,505 4,332,310 4,119,265 2,599,386 792,540 866,462 831,831 866,462 * The 3.26% increase has been applied to Ms Linton’s A$ FR and converted to US$ at an average exchange rate for the 2025 financial year of 1.54632. 77 CSL Limited Annual Report 2024/25
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