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Minimum share ownership

From the financial year 2020, our remuneration policy has set a minimum threshold of shares to be held at any time by the Chief Executive Officer to the number of shares equivalent to one year of the Chief Executive Officer’s annual base salary and by the other members of the Executive Committee to the number of shares equivalent to six months’ of the relevant Executive Committee member’s annual base salary. Thresholds will be re-calculated on an annual basis and need to be reached within four years. For our Chief Executive Officer, Stoffels IMC BV (permanently represented by Dr. Paul Stoffels), we will calculate and disclose the applicable threshold for the first time in our annual report for financial year 2023.