38. The value at exercise date has been determined by the share price at the close of business on the exercise date multiplied by the number of Rights exercised during 2025. The A$ value was converted to US$ at an average rate for the year of 1.54632. 39. In 2025 B Daniels was a NED for the period 1 December 2024 to 30 June 2025. Accordingly, B Daniels’ balance at 1 July 2024 is the balance at 1 December 2024. 40.In 2025 E Sorg was a NED for the period 1 September 2024 to 30 June 2025. Accordingly, E Sorg’s balance at 1 July 2024 is the balance at 1 September 2024. 41. In 2025 D Maskell was a NED for the period 1 July 2024 to 29 October 2024. Accordingly, D Maskell’s balance at 30 June 2025 is the balance at 29 October 2024. 9.6 NED Shareholdings Details of fully paid ordinary shares held directly, indirectly or beneficially by each NED, including their related parties, is provided in Table 15. Details of Rights held directly, indirectly or beneficially by each NED, including their related parties, is provided in Table 16. Following the vesting of awards, any trading undertaken by NEDs was subject to the Group Securities Dealing Policy (outlined in section 7.2). Table 15: NED Shareholdings KMP Opening Balance as at 1 July 2024 Number of Shares Acquired on Exercise of Rights during year Value of Shares Acquired on Exercise of Rights during year US$38 Number of (Shares Sold)/ Purchased Closing Balance at 30 June 2025 NED B McNamee 126,227 656 119,731 – 126,883 M Clark 5,109 277 50,562 200 5,586 A Cuthbertson 70,536 277 50,562 – 70,813 B Daniels39 – – – – – C Hewson 2,062 369 67,350 – 2,431 S Lewis 1,882 224 40,786 – 2,106 M McDonald 4,136 233 43,252 – 4,369 E Sorg40 – – – – – A Watkins 3,545 323 58,956 – 3,868 Former NED D Maskell41 1,356 410 79,855 – 1,766 There have been no movements in shareholdings of NEDs between 30 June 2025 and the date of this Report. 87 CSL Limited Annual Report 2024/25
RkJQdWJsaXNoZXIy MjE2NDg3